Nike by jeevan copy
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Transcript of Nike by jeevan copy
Company Profile American multinational manufacturing Co. Core products include footwear & apparel Unwavering commitment to advertising Key Marketing Initiative
Use of high profile athletic endorsements Nike’s brand portfolio
Nike, Cole Haan, Converse, Hurley, Nike Golf and Umbro.
75% of the growth is expected from the Nike brand.
History Nike, originally known as Blue Ribbon Sports (BRS),
was founded by University of Oregon track athlete Philip Knight and his coach Bill Bowerman in January 1964
In 1966, BRS opened its first retail store, located at 3107 Pico Boulevard in Santa Monica, California. By 1971, the relationship between BRS and Onitsuka Tiger was nearing an end. BRS prepared to launch its own line of footwear, which would bear the Swoosh newly designed by Carolyn Davidson
Throughout the 1980s, Nike expanded its product line to encompass many sports and regions throughout the world
Headquarters Washington County, Oregon, United
States
Mission StatementTo bring inspiration and innovation to every athlete in the world.
Vision StatementTo carry legacy of innovative thinking, whether to develop products that help athletes of every level of ability reach their potential, or to create business opportunities that set Nike apart from the competition and provide value for our shareholders.
Products Nike Air Max Nike 6.0 Nike NYX Nike SB Air Zoom Yorker Air Jordan XX3 SPARQ Training
Program Nike+
5 force model Threat of new competition
Threat of substitute products or services
Bargaining power of customers
Bargaining power of suppliers
Intensity of competitive rivalry
Threat of new entrants (low) Capital Intensive Strong Brand Following Economies of scale High R & D Costs Industry in consolidation phase
Substitute products (low) Other types of shoes Other sport apparel
Supplier Power (low) Raw Materials are abundantly available Cheap resources, commodity items
Buyer Power (high) Everything depends on Customer Preferences Price sensitivity issues Brand following Retail and vendor consolidations Growing power of retail chains e.g.Walmart
Internal Rivalry (high) Fierce Competition- Adidas, Reebok, New
Balance Mature Industry Mostly Non-Price competition Differentiation strategy Industry in Consolidation phase
Competitorso Adidaso Reeboko Pumao New Balanceo ASICSo Converseo K-Swisso Sketcherso Others
• Brand image• Market leader in most of the world• Diverse product portfolio• Strong advertising• Experienced Management team
Strengths
• Under constant scanner of Human rights companies due to its history of unethical labor practices
• Premium player in price sensitive sector
Weakness
• Emerging markets• Can be a leader in developing environmentally sustainable business
Opportunity
• Mature industry susceptible to recessions• Dependence on contracted suppliers – compliance issues• Ever Changing customer preferences• Dependence on endorse athletes• Seasonal business
Threats
SWOT analysis
AD Strategies• Endorsing Athletes• Sponsoring Sports events• City based advertisements• Banners & Billboards• Themes on bringing inspiration and
innovation to every athlete in world
• Athletic, Influential, Outgoing, Aggressive, hi tech, futuristic, retro cool
• American way of living• Associated with Athletes at top of
their sport• To bring inspiration and innovation
to every athlete in world
Branding message and strategy
Technology &InnovationStrategies
Nike fields some of the best in class
technological practices and has a
few patents to its credit. Nike
emphasizes on these and has developed a
lot of new products with use of high technology and
sophistication
Manufacturing Strategies• Endorsing Athletes• Sponsoring Sports events• City based advertisements• Banners & Billboards• Themes on bringing inspiration and
innovation to every athlete in world
NIKEy Success Factors• Marketing Activities• Extensive Research & Development• Production and Manufacturing Facilities• Extensive Distribution Facilities• Wide Range of Relative Products• Capable Workforce• Innovative Activities
Conclusion Wal-Mart must adopt a friendlier corporate
attitude It needs to relax anti-unionization policy Improve public perception that Wal-Mart can
destroy communities International expansion should be done with
the help of Local retailers
Thank you!