Nike Case Study Essay
NIKE. INC has always been the brand of tomorrow, seeking to find new interesting ways to captivate and capture the hearts and minds of both young and old alike. It all began in the 1960s when Phil Knight along with his coach, Bowerman came together to form an enterprise. They first started off as Blue Ribbon Sports, which distributed shoes from Onitsuka Company from Japan and eventually became Nike, which means Goddess Of Victory in Greek. As of today, this American multinational company has gone beyond mere shoes distributor, ranging from the vast variety of sports shoe to sports equipment and attires. NIKE.INC’s striking motto “Just Do It” was always to inspire and motivate people. Their core belief is that “if you have a body, you are an …show more content…
This gives rise to certain problems, as there is a political pressure due to outsourcing jobs. The citizens of USA are currently facing problems in employment due to many of the jobs are being outsourced to other countries for cheaper labor. Hence, people started demanding more jobs to be brought back to the States, as they are unsatisfied with the amount of jobs choices available. This might affect Nike’s decision-making process, as they have always been operating under cheap labor cost.
Besides that, there has been an exponential growth in imitation products throughout the years. Many companies and brands face this similar problem of counterfeit products being available to the public. Having this problem grow gradually, the profits of Nike drops greatly as many consumers would now look for “cheaper Nike” products. For example, consumers are able to get $60 for a counterfeit Nike whereas the authentic pair would have cost them about $120. It has been said that the growth of Nike was expected to grow from 4.5% in 2009 to 6.5% in 2012 (“Why Nike Will Outspace Sports Apparel Market Growth”, 2013). However, due to continuous support from the consumers in counterfeit products, this hinders the growth of Nike by a huge percentage. This counterfeit issue is like fighting against your own reflection as the competition is within similar products, one being the original product and the other being the fake
Nike Rhetorical Analysis Essay
1846 Words | 8 PagesNike is one of the most respected brands out there. "Nike is so widespread across so many apparel and footwear categories, that right now I think their biggest competition is themselves," said by Ralph Parks who is the president of the 450-store Footaction chain. He also added that, "The brand is becoming bigger than life itself. " Nike has been around for over 50 years, and according the Nike website, they got their name from the Greek goddess of victory, and it is pronounced "ny'-kee." Nike, like many other companies, uses forms of elements like ethos, pathos and logos to manipulate viewers in there advertisements and commercials.
Nike's Rhetorical Analysis: Just Do It
1056 Words | 5 PagesMany people are familiar with the phrase, “Just Do It.” This slogan stands out immediately and a swoosh or check mark comes to mind. Nike is one of the most widely known clothing and shoe companies across the country. During a Nike advertisement there are three rhetorical strategies that are displayed when shown on a commercial. Those three main ideas are pathos, ethos, and logos.
Nike Nike Nike: The Goddess Of Nike
1337 Words | 6 PagesToday, the imagery of the goddess Nike, and her name live on. Today one of the most popular shoe brands have the name nike. Nike (shoe company) has been manufacturing sports equipment since 1978. The name was chosen because nike is the goddess of speed and victory. The Nike sports brand logo has an indirect connection with the goddess Nike.
Rhetorical Analysis Of Nike's Just Do It Slogans
794 Words | 4 PagesNike and their Just Do it slogan is one that is very known throughout the world. Nike is a fortune 500 company. Nike is a major company in sporting products and has put a lot of time in developing the company reputation in reliable and good quality. Nike is very smart in marketing their products to the general public. They use all types of methods to get the company to attract consumers.
Nike's Success In Football Since 1994 Case Study
1252 Words | 6 Pages1) Explain Nikes success in Football since 1994 Nikes strategy in the marketing world has evolved every year, growing and becoming stronger and more world wide known. In 1994, Nike in the football world was small and wasn’t keeping up with the big competitor of Adidas. Nike took every chance they received to grow their brand internationally which started off with the world cup in 1994 in the United States.
Nike Vs Under Armour Research Paper
620 Words | 3 PagesThe road to becoming a legitimate competitor has been tough, specifically because of the competitive nature that exists between firms in the same market. The market structure, determinants of supply and demand, and future outlook of the company can help us see the state and performance of Under Armour. Under Armour’s is an example of a monopolistic competition, meaning they have aspects of a perfect competition market structure, but their products are not the same as its competitors. As mentioned above, Under Armour’s main competition is both Nike and Adidas. Recently, Adidas has
Rhetorical Analysis Of Nike's Advertising
580 Words | 3 PagesIt is not that simple to get 40 million viewers on a video in YouTube! Nike Sports Company made an astonishing advertisement that mixed the meanings of rhetoric with a sense of humor to make an advertisement that hooked the audience and filled them with inspiration. The smart use of logos, pathos, and ethos by showing actual people wining prizes, a commentary that motivate the commercial figures, and real professional players from different sports made the short video special and unique. The video demonstrates that it is only a blink of an eye between being born and becoming a champion, and that we can push our limits beyond expectations.
Nike History Essay
918 Words | 4 PagesNike has been around much longer than most would think and continues to be the leading trend setter in athletic wear. Nike was started in January of 1964. The athletic company began as just a small clothing distributing company out of the truck of Phil Knight’s, owner and CEO of Nikes, Car. The Saying you started from the bottom is very true when it comes to Nike who now leads in sales of all athletic gear compared to Adidas who at the time of 1964 was the most popular athletic company. From starting in a truck of a car no one would suspect that this company would not only be defined as the definition of ‘cool’ when purchasing clothing and shoes from stores all over the United States but yet the brand that carries our pop culture.
Under Armour: Competitor Analysis: Nike And Adidas
1158 Words | 5 Pagesis a major publicly traded company famously known for their footwear, clothing, sportswear, and equipment line of products. Phil Knight and Bill Bowerman co-founded the company in Beaverton, Oregon in 1964. At this time, the company was known as Blue Ribbon Sports until 1978 when it officially became Nike, Inc (About Nike, 2011). They are the major competitor for Under Armour as they are the current world's leading supplier of apparel and athletic shoes, as well as a major manufacturer of sporting equipment. Nike sponsors many high-profile athletes as well as sports teams around the world.
Success And Failure Of Nike
1424 Words | 6 Pagesin was founded on 1960’s on Beaverton, Oregon its initial founders are blue ribbon sports . Since its foundation the company was characterized by the rapid growth and development.. The main mission of the company was to gain a larger share of the market . In the first decade of its existence they attracted leading sportsmen for advertisement campaigns . Steve Prefontaine, an American record holder, and John McEnroe were the first ambassadors of Nike .
Micro Environmental Factors Of Nike
1368 Words | 6 PagesThis is due to Nike gets its merchandise generally from foreign manufacturers. To operate profitably, Nike need to get good value on products and supplies and, in turn, offer good value to its customers with accessible solutions. Publics: Many colleges and universities, especially anti-globalization groups as well as several anti-sweatshop groups
What Is Nike's Competitive Strategy
789 Words | 4 PagesNike is the leading and renowned world supplier of athletic apparel and shoes. The brand is in control of over 47% of the market for athletic shoes. The company begun way back in 1962 and it was founded by Phil Knight and Bill Bower. It was originally known as Blue Ribbon Support and only in 1978 did it change its name to the worldwide recognized brand, Nike. Nike provides its products to more than 100 countries throughout the world.
Nike Just Do It Campaign Analysis
1565 Words | 7 PagesNIKE “Just do it” Campaign. Introduction: Nike, Inc. is a top supplier and advertiser of sportswear and supplies. The American maker was established on Jan 25, 1964 as Blue Ribbon Sports. In 1978, the new Nike, Inc. was fabricated under the name of Nike. The world's No. 1 shoemaker outlines and exchanges shoes for a variety of sports.
Essay On Nike Typography
1165 Words | 5 PagesHistory Originally established in 1964 by Phil Knight and Bill Bowerman as “Blue Ribbon Sports”, NIKE adapted its current name in 1978 as suggested by Carolyn Davidson, a college student. They also employed her to design the new NIKE logo, paying her only $35 for the rights to use it. Although Phil Knight was not initially fond of the logo, it is one of the most recognisable designs throughout the world today. Along with the new logo design came a new stream of success. They went from $10 million to $270 million in sales4 in the late 70s and are worth billions today
Nike Consumer Behaviour
1301 Words | 6 PagesProbable factors that could affect Nike’s business judgements are a range of demographic, social, economic and political. A few have already started to transpire, though others are purely likelihoods. External factors affecting this mix is one of the most common, technology. Before Nike releases its brand new product line to the market, it’s always prepared to authorize that whether or not there has been any sort of major advances from the other competitors that would tracker its launch. Thus they must time this carefully, as other competition may demand to shadow its release with their marketing
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