ipl-logo

Nike Demographic Analysis

736 Words3 Pages

SEGMENT
Demographics:
Male
• Soccer, Action Sports, Football, Golf, Jordan, Lacrosse, Running, Training, Basketball, Nike Sportswear, Outdoor, Baseball, Tennis, etc
Female
Action Sports, Golf, Outdoor, Softball, Tennis, Track & Field,Running, Training, Basketball, Nike Sportswear, Walking, Soccer, Volleyball Youth, Pre School, Infant/Toddler, Kids etc
Psychography;
Age: in between 13-46 years (70%) studies: 61% have an undergraduate degree Income: average personal income around $40,000
Behavior Factors:
People spend their money on basic sports equipments .Users enjoy active lifestyle, also they enjoy fitness activities for a fitness life
Buying situation:
Most of the sport persons are in buying equilibrium.which is 25% of our …show more content…

Nike holds a solid position in this market since it generally is by all accounts ahead in the innovation and style of their shoes when contrasted with contenders. Nike 's costs are focused too. They have the top of the line, innovative shoes that individuals are hoping to pay somewhat more cash for and afterward they have shoes, for example, Converse which begin at $44.99. Nike gives reachable items to individuals on numerous levels of wage so basically anybody can get their hands on a Nike item. This together is the thing that permits Nike to be in the firm and stable position they have in the athletic shoe showcase and will keep on doing so the length of they keep on doing the essence of what they are accomplishing as an organization.so no matter where there location is people will tend to buy their products.people should recognize our brand then our competitors …show more content…

Nike should plan to apply promoting strategies that are suitable with the general population who dwell in these mainlands or countries. Nike should applie a powerful showcasing correspondence and in the meantime still generally figures out how to be financially savvy regarding its advertising programs.it will be good if they give sales promotion during seasonal period to even boost there

Show More
Related

The 1980s: The Sporting Goods Industry

317 Words | 2 Pages

The sporting goods industry has a long history from the mid- 1800s until the early 1980s. Since then public ownership led to the expansion of footwear and apparel products in an exploding marketplace. This allowed the top 20 firms to have sales of at least $1 billion. (Lipsey, 2006) After 1980s, sports equipment manufacturing is estimated above a $70 billion industry and is continuously growing worldwide (statista.com, 2014). The production of sports equipment is one of the biggest and most profitable industries nowadays and it gathers all the attention of big brands with powerful marketing techniques which compete in global scale.

Read More

Nike Vs Under Armour Research Paper

620 Words | 3 Pages

When it comes to athletic apparel, the first company people think of is either Nike or Adidas. Why is this so? Both Nike and Adidas have done an impressive job in marketing their products, with popular spokesperson like Kobe Bryant or Derrick Rose. Nike’s success is attributed to its products contributing to the success of the athletes who purchase them. Nike and Adidas seemed as though they had control on the athletic apparel oligopoly, but recently, Under Armour has become a serious competitor to the two companies.

Read More

Nike History Essay

918 Words | 4 Pages

Nike 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.

Read More

Nike's Advantage Of Globalization

1063 Words | 5 Pages

Nike’s first globalization strategy was outsourcing. Nike Inc. realized that manufacturing its products (footwear) in the U.S was expensive and to further export these products to distributors outside the U.S would be a massive challenge. This is because price affordability was a major concern for customers outside the U.S who would not comprehend why sportswear should be that expensive to buy. However, Nike Inc. took advantage of globalization by using the Japanese high-quality, low-priced production strategy by outsourcing all its shoe production to Japanese producers (Locke,

Read More

Nike Equality Adisement Analysis

1255 Words | 6 Pages

When a person hears or sees the word America, what do they think? America is a country that almost everyone in the world knows about because there are certain words and phrases that can be used to describe it. Some common terms are sports, equality, the melting pot, powerful, freedom, hard working, and some more. All of these words make up what is known as the American Identity. This American Identity has been built up over time by people’s actions and thoughts.

Read More

Rhetorical Analysis Of Nike's Just Do It Slogans

794 Words | 4 Pages

They want people to , when looking for sporting gears, see the brand of nike and instantly know that is quality and reliable products on the shelf. They used ethos ,pathos, and logos to boost their campaign in establish well known sporting product on worldwide platform. This is the way how nike has become so successful in its category. Nike is setting standards that other companies are following in sporting

Read More

Nike Case Study: Nike's Competitive Advantage

784 Words | 4 Pages

Nike has a unique competitive advantage which is the Nike Sport Research Laboratory (NSRL). Nike creates shoes that lessens the impact on the environment while not obstructing the athletes to release their fullest potential with the shoe. Market Situation Analysis Nike currently sell most sports equipment, like sport shoes, sports bag etc. The price of Nike

Read More

Ratio Analysis Of Nike

4014 Words | 17 Pages

Analysis of Ratios Liquidity Ratios Current Ratio= CA/CL Current ratio is a financial ratio that evaluates if a business has an adequate amount of resources to cover its debt over the next business cycle (typically 12 months). It does so by relating company's current assets to its current liabilities. Standard current ratio values differ from industry to industry. The higher this ratio, the more proficient the company is to pay its debt.

Read More

Analysis Of Nike's International Marketing Strategy

1115 Words | 5 Pages

International marketing strategy is a combination of marketing principle that could be used to formulate a marketing strategy for specific products and services within one or more countries to extend or internationalise the company. The research paper is based on the international marketing strategy of Nike Inc. (a Sports Apparel retail company working internationally) to help the management of the company shortlist and identify potential market for them to expand their business. It utilised macro and micro analysis of the sports retail market to identify the potentials of the industry that would help them to increase their business performance in the international marketplace. Macro Factors PESTLE It is noted that PESTLE is one of the most important and effective that often used by organisations in order to assess different macro factors that influence their activities in a negative manner (Li, et al., 2014).

Read More

What Is Nike's Competitive Strategy

789 Words | 4 Pages

Simply put, Nike’s target market is mainly customers who have more concern for the quality and utility of the product than they have for the price at which the product is being sold. This helps to ensure that pricing never has to be adjusted downwards in attempts to woo in a larger number of customers. For any company to achieve success from the marketing strategies that it has put in place, it has to ensure that its strategy is flexible enough to keep up with the changing times and to also accommodate a large variety of customers. So as to do this, it is imperative that the products being produced by the company be innovative enough to exceed what is being provided by competitors in every possible way. Nike chose to take this into deep consideration and this resulted in it making a few changes on its marketing strategy.

Read More

Nike Consumer Behaviour

1301 Words | 6 Pages

Probable 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

Read More

Micro Environmental Factors Of Nike

1368 Words | 6 Pages

This 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

Read More

Nike Business Analysis: Internal Analysis Of Nike

702 Words | 3 Pages

Nike has sustained positive revenue in a worldwide market focusing on a healthy and active lifestyle. For the past 3 years Nike has gained a gross profit ratio of 8.73% in fiscal of 2013, 10.28% in fiscal of 2012, and 8.28% in 2011 . Thus showing the financial power Nike has, well the firm holds a net income of 2.5 billion in the fiscal year of 2013. Nike’s largest product category is footwear, representing over 55% of the companies revenue. Nike uses their financial resources ability to obtain large advertising plots, whether it is a commercial on television, advertisements on the Internet, or product promotion in athletic facilities.

Read More

Success And Failure Of Nike

1424 Words | 6 Pages

NIKE The Factors that Led to Success and Failure of Nike in its Venture across International Markets Abishek TR* Abstract- Key words: INTRODUCTION The largest American suppliers of athletic shoes, apparel, and sports equipments .At the same point of time ,this company is known worldwide .The Success of this company is the result of the various strategies used in the international market expansion which helped them to enter into new markets and to strengthen its position in the traditional ones .

Read More

Macro Environmental Analysis Of Nike

2130 Words | 9 Pages

In the assignment, it will discuss the sports brand Nike which specifically focuses in Chinese market. There are three main content areas in this assignment. The first part is a macro environmental analysis; the next part is the target customer profile; the last part is the analysis of marketing strategies. Macro Environmental Analysis: Nike is a very well-known market leader. It is an international brand, their products are selling in the worldwide including China.

Read More

More about Nike Demographic Analysis

Related Topics

Open Document