Preview

Consumer Preference About Different Branded Sports Shoes

Good Essays
Open Document
Open Document
509 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Consumer Preference About Different Branded Sports Shoes
1. Title of the Project

CONSUMER PREFERENCE

ABOUT

DIFFERENT BRANDED SPORTS SHOES

2. Statement about the problem

This project takes a look in various kinds of Merchandising activities, Market Share of different sports shoes and various Sales Promotion schemes, which are followed in the Sports shoes industry. The three major global players i.e. Reebok, Nike, and Adidas dominate the sports shoes industry in India. India is one of few battlegrounds in the world where there is neck-to-neck competition between the three. The companies claim to be in number one sport coating the data produced by two different marketing research companies.
In the 1980s, Adidas sneakers became popular amongst teenagers and young men. The Adidas sneaker was popularized by the Run DMC song "My Adidas" and became a huge fashion trend. The Tapie affair the history of the company as presented by its official web site is incomplete, perhaps because it is indirectly linked to financial scandals. After a period of serious trouble.The death of Adolf Dassler's son Horst Dassler in 1987, the company was bought in 1990 by Bernard Tapie, for 1.6 billion French francs ($320 million), which Tapie borrowed. Tapie was at the time a famous specialist of rescuing bankrupt companies, a business on which he built his fortune.
Nike is the world's #1 manufacturer and marketer of athletic footwear and apparel. Almost out of the blue, the company established itself as one of the world's most familiar brands during the 1980s and 1990s.
As familiar as a Coke bottle or Big Mac, the Nike "swoosh" logo came to symbolize not just sports culture, but street culture, as the appeal of the star players who endorsed the brand was carried onto city streets. The approach of the new century set Nike new problems.

Trainers went (briefly) out of fashion, economic slowdown and labor problems hit Asian performance. But the group has bounced back, retaining

its iron grip on the sporting apparel

You May Also Find These Documents Helpful

  • Good Essays

    Nike could modify its products and services through its innovative marketing strategy taken from evaluations on customer benefits and needs, whereas the product succeeded innovation technology with fashions that cater to customer satisfaction on a global level (Nike, 2000). Nike currently seeks out innovative ways to create advance athletic products and methods to speak creatively to the market because the success of Nike is based on marketing strategy that weighs current factors and trends (Nike, 2000). If Nike continues the innovation of new marketing ideas for their services and products, the organization will maintain their current role of innovative leadership with products, developments, and revenues in the athletic sports-wear industry (Nike,…

    • 1072 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    In this report I am writing about the effectiveness of the marketing technique used by the business of my choice which is Adidas AG. Also I will be using my research to make judgements.…

    • 882 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    The concept of market structures and competitive strategies are important when attempting to compete in any market. Understanding what market structure your product falls under can help companies develop better competitive strategies and identify potential for loss and gains. The athletic footwear industry in the United States is highly profitable and continuously growing. In this paper I will identify market structure of the athletic footwear industry, the major retailers, and competitive strategies that can be used to maximize profits.…

    • 1412 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Nike Case Study

    • 899 Words
    • 4 Pages

    NIKE, Inc. is the world’s leading innovator in athletic footwear, apparel, equipment and accessories. Before there was the Swoosh, before there was Nike, there were two visionary men who pioneered a revolution in athletic footwear that redefined the industry.…

    • 899 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sneakers Popularity

    • 524 Words
    • 3 Pages

    Cha-Ching! There is nothing like the sound of hearing your new sneakers being rung up. The history of sneakers started 3,000 years old! Today they are very popular. The popularity of sneakers has grown. Sneakers first started in 1868, and now converse have grown popular and we now have people known as “sneaker heads.” Sounds like stores are rolling in the big bucks.…

    • 524 Words
    • 3 Pages
    Good Essays
  • Best Essays

    NIKE Inc. is one of the world’s biggest sporting brand based in Oregon USA. Founded in 1968, NIKE is the world’s biggest designer marketer and seller of athletic footwear, sports equipment, apparel, accessories and services, by sales revenue of $21.5 billion in 2012 (NIKE, 2013). With 48000 employees, NIKE’s operation cuts across different regions in the world including Canada, Asia, Latin America, Europe, and Africa. They posted revenue of $25313 million in the 2013 financial year ending May 2013, the company has enjoy growth in its revenue since 2010, and this trend is expected to continue as they leverage on top sporting events to boost their brand image (Tefris 2013).…

    • 3339 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    Adidas History 1

    • 1845 Words
    • 7 Pages

    Adidas was founded in 1924 in Germany by two bothers Adi and Rudolf Dassler. The company was first named Dassler shoes and later became Adidas. By the Dassler shoes being seen in the Olympics this really helped the company get its name known. However, in 1948 Rudolf Dassler leaves to start his own company which is now known as Puma. Once Rudolf left his brother came up with the famous three stripes logo and changed the name to Adidas. The 3 stripes were created to keep the foot stable, but ended up being the logo. Throughout the years Adidas was seen in the Olympics, and it was the leading brand making their shoes highly sought after by Olympic athletes. In 1978, Adi Dassler passed at age 78 and his wife Kathe ran the company. Six years later Kathe passed and the company was left for their son Horst Dassler to run, and three years later Horst passed at age 51. After Horst’s death Adidas ran into some major financial problems, and later Bernard Tapie comes to make an attempt to save the company.…

    • 1845 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Nike, Inc. was founded as an importer of Japanese shoes in 1962 by Bill Bowerman and Phil Knight and “step by step” it grew into the world’s largest marketer of athletic footwear and apparel. In the U.S. alone Nike sports products are available for purchase in over 20,000 retailers, and the company’s sports products are popular in more than 110 countries worldwide.…

    • 3016 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Swot of Nike

    • 337 Words
    • 2 Pages

    Nike is a major publicly traded clothing, footwear, sportswear, and equipment supplier based in the United States. It is one of the biggest companies in the world. It was not a big company at first, however, with its many strengths, it finally became a symbol of sportswear.…

    • 337 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing Segmentation

    • 1012 Words
    • 5 Pages

    According to demographic segmentation, Nike’s target market shoes are persons between 18 and 35 years old. Generally Nike produces products for all markets, which grew up enough to be profitable. With development of children and women sports, new products were eventually developed. Nike gives out one new shoes style almost everyday. But there is an issue – company faces to decreasing brand-loyalty. Most people start preferring to buy cheaper shoe and clothing brands. For these reasons its marketing campaign are now making emphasis on the point that a shoe of a higher quality with a good brand name worth money spent still a cheaper shoe are poorer quality and will be wore out more quickly.…

    • 1012 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Nike Company Analysis

    • 2035 Words
    • 9 Pages

    Nike is a major publicly traded sportswear and equipment supplier based in the United States. It is the world 's leading supplier of athletic shoes and apparel, and a major manufacturer of sports equipment.…

    • 2035 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    businesses. One of the divisions WCF intended to shed was Mercury Athletic, its footwear division.…

    • 3861 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    Nike vs Adidas

    • 1026 Words
    • 5 Pages

    Due to the death of Adolf’s son (Horst Dassler), the Company was bought in 1990 by Bernard Tapie. Back then Tapie was specialist of rescuing bankrupt companies. Next step was to change the place of production to Asia and make a promotion campaign by using a famous person as Madonna (famous singer). In 1992 economical problems lead Tapi to sell Adidas to Lyonnais bank. Lyonnais sold Adidas to Robert Louis-Dreyfus who was also the president of the Olympique de Marseille football team. In 1997, Adidas AG acquired the Salomon Group, and its corporate name was changed to Adidas-Salomon AG. Seven years later, top English fashion designer Stella McCartney launched a joint-venture line with Adidas. This line was a sports performance collection for women called "Adidas by Stella McCartney". After 2 years, Adidas introduced the Adidas 1, the first ever production shoe to utilize a microprocessor. In August 2005, Adidas bought rival Reebok. At the same time sales had been closer to those of Nike in North America. The acquisition of Reebok would also allow…

    • 1026 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Nike's Marketing Success

    • 1519 Words
    • 5 Pages

    "Nike - Philip Knight 's Success Story - Famous Entrepreneurs." EzineArticles Submission - Submit Your Best Quality Original Articles For Massive Exposure, Ezine Publishers Get 25 Free Article Reprints. 14 Aug. 2009 . "NIKE, Inc. -- Company History." Connecting Angel Investors and Entrepreneurs. 15 Aug. 2009 . "Nike just do it logo." Docstoc ? Documents, Templates, Forms, Ebooks, Papers & Presentations. 15 Aug. 2009 . "Nike Shares Gain Traction on Strong Outlook at SmartMoney.com." Online Investing: Stocks, Personal Finance & Mutual Funds at SmartMoney.com. 15 Aug. 2009 . "Nike Slogan Just Do It: Swoosh Checkmark Considered One of Best Brand Logos of All Time | Suite101.com." Advertising | Suite101.com. 15 Aug. 2009 . "Nike 's all-star sneakers - 1985: Air Jordan (4) - FORTUNE." Business, financial, personal finance news - CNNMoney.com. 14 Aug. 2009 .…

    • 1519 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The case explains how Nike successfully marketed it products by getting it endorsed through top athletes, who influence the buying decision of brands and products of others and created its brand image by associating the products with their persona. By signing the Michael Jordan and relating it air Jordan shoes to his superior performance ,it generated great revenues in a year alone, and its “just do it” ad campaign manifested brand’s attitude of self-empowerment through sports. Nike customized its marketing strategy depending upon the market as it did at the time of expansion to Europe by focussing on soccer rather than the aggressive US style ads and sponsored local club, and fortunately the Brazilian team for world cup in 1994 which they won an authenticated Nike’s image into brand representing emotion allegiance and identification due to which over next decade overseas revenue for the first time passed US revenues. It diversified the product line by acquiring a British soccer related by acquiring British company manufacturing. Soccer related footwear apparel and equipment becomes sole supplier of uniforms to professional soccer teams. At the time of Beijing Olympics, although Adidas was official sponsor, received special permission for featuring Olympic athletes in its ads and sponsored several teams and athletes that resulted into 15% higher sales in Asian region. For expansion of its product line of tennis clothing and Nike’s gold brand it signed top tennis players and Tiger Woods relatively who changed the way professional golfers get dressed. Nike showed social responsibility by helping Lance Armstrong’s campaign and spread Armstrong message of survival and will power world -wide. The recent innovation by introducing technology in shoes by entering partnership with apple is Nike+ and marketed it by hosting largest and only global virtual race. With such an effective marketing strategies Nike today enjoys 31 % market share…

    • 682 Words
    • 3 Pages
    Good Essays

Related Topics