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Nike should analyse the market and customers' preference

 
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MessagePosté le: Lun 31 Oct - 11:30 (2016)    Sujet du message: Nike should analyse the market and customers' preference Répondre en citant

Nike is a major Nike Blazer Mid Hommes Vente publicly traded sportswear, footwear and equipment supplier based in the US which was founded in 1962 originally know as Blue Ribbon Sports. Nike is the world leader in the manufacturing of sportswear and gear with more than 47 market shares across the global (Nike.com, 2011).

Although Nike's marketing strategies had brings lot of positive implications to the company, but it will bring negative implications to Nike too. The negative implications that will identify in this assignment are high cost incurred, influence of spokesperson, and competitors.

Another Jamaican to watch out for in this year's Summer Olympics is Yohan Blake. Currently the world champion and the fourth fastest man ever, Blake wears custom racing shoes designed by world famous brand Adidas.

Wireless GPS system is another feature on the small computer production line that enables runners to decide their accurate location, distance traveled, and speed from the shoe's GPS by wearing a small wireless GPS wrist strap. The shoes implanted memory can keep data about workouts such as average heart rate, body Nike Flyknit Hommes Vente temperature, calories burnt and force of each step. For situation, in basketball the micro can watch how high the athlete jumps and how hard of a landing they make. As many athletes demand goods created that can deliver both watching and accomplishment bettering capabilities, they will find Adidas the solution thus leading to much higher revenue, profit, and market share in sports that Adidas already leads and in sports where Adidas lags in revenue, profit, and market share (Dogiamis et al., 2009)

Since Nike has implemented several marketing strategies, it had incurred high costs in producing and promoting its products. The costs are increase among handling inventory, designing, advertising and production. (Abhiroopsur, 2009) Beyond that, the inflation had raised the costs of raw materials and transportation. To deal with these problems, Nike has increased the products' prices and reduces its marketing budget. Therefore, this could hurt the long-term growth of the Nike. (Taulli, 2011) According to Boggan (2001), Nike had also employed child labor in Cambodia to reduce its production and labour costs. This had affected its brand image, and it might have many people boycott Nike and stop to buy anything from Nike. (Boggan, 2001) Furthermore, Nike has been using child labour in the production of its soccer balls in Pakistan. (TED, 2011)

From the above analysis, we had understanding about the pros, cons and risks of Nike's core marketing strategies with relevant marketing theories. Besides that, the difficulties Nike face Nike Free 5.0 Hommes Vente d when they competing with Adidas. We discuss from the distribution, price, products design, promotion and advertising, market segmentation to analysis Nike's competitive advantages in the global market. We also find that the other side influences of Nike's core marketing strategies such as costly advertising, raw materials costs affected by the global economic, the spokesperson's behaviors which has negative influences to the Nike's brand images. What's more, the risks of Nike's core marketing strategies such as Nike cannot follow the world fashion trends, the profits has affected by the currency exchang Nike Air Max 90 Fleurs Femme pas cher e and economic recesse and economic recession when expand to the global.


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MessagePosté le: Lun 31 Oct - 11:30 (2016)    Sujet du message: Publicité

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