Preview

Sportswear and Nike Marketing Approach Essay Example

Powerful Essays
Open Document
Open Document
2848 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sportswear and Nike Marketing Approach Essay Example
Table of contents

Introduction 04
Sports wear market 04
BCG Matrix 06
Ansoff’s Matrix 08
Conclusion 12
References 13

To: Richard small (tutor)
From: Abu Zahed Anchari
Re : Sportswear and Nike marketing approach
Date: 02nd august, 2012

The report looks into the changed of sportswear market over the last 10 years . The reports also include the analysis of BCG matrix and Ansoff’s Growth matrix for Nike new product- casual footwear. This report is supported by my personal experience, publicised and factual situation.

Introduction: Sportswear market is one of the most-price competitive markets in the United Kingdom. The UK sportswear market is boosting more and more every year. Nike which is famous for sportswear products, is one of top sports brand in the world and British market holds a great repute for Nike product. The success behind Nike is strong market analysis, customer focus, product development, strong brand image. (Www.Nike.com)
Sportswear market: In 1970s, athletic sportswear started to changed from a product line aimed at tiny and distinctive into a typical fashion product. The difference between performance and fashion, formal and informal, function and style that one existed have become unclear. In 1980s, the sportswear market changed into the clothing market. The tendency was changed by boosting of sports participation. Approximately 70% of athletic footwear is bought for leisure, casual and normal use. In

You May Also Find These Documents Helpful

  • Good Essays

    Nike Swot Analysis Essay

    • 482 Words
    • 2 Pages

    There are several significant athletic and leisure footwear companies and sports equipment firms that produce similar products. Some of the primary ones are Puma and Adidas are some of the big competitors with Nike. Other large companies have diversified their product lines to include athletic and leisure apparel including Under Armour and lululemon. This type of quick change in technology and customer preferences can result in a risk for Nike. Demand for Nike’s products relies on what the norm in many sports and fitness related activites are, as well as the ever-changing trends, these generally control the financial results of Nike. If competitors have more success attracting customers with more appealing footwear or apparel, this would also hurt business…

    • 482 Words
    • 2 Pages
    Good Essays
  • 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
  • Good Essays

    After analysis of the four major markets, we came to the conclusion that there was ample business opportunity for a high-end (8-9 Star) quality athletic shoe since none of the other companies were pursuing that portion of the market. We also wanted to restrain our model availability to 200-250 to position our products firmly in the high quality differentiation niche market, and in order to play on our strength of low reject rates that can be realized with smaller model availability. By year 16 positive gains were shown in every category. Net Revenues increased by $92 million, Earnings Per Share…

    • 550 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    With 2010 annual revenue of $19,014,000,000, Nike’s revenue was substantially greater than the identified competitors. Due to the revenue difference and the lack of athletic footwear company in the list, I expanded the analysis to include the German company Adidas. Adidas is listed under SIC 5139 – Footwear. Despite the SIC differences, Adidas and Nike are the most direct competition for the athletic market. In addition, Adidas’ 2010 revenue converted to USD is $ 16,047,083,997.…

    • 1453 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Bibliography: 1. Company Profiles For Students vol.2 m-z"� 1999 1st ed. P. 944-949 2. www.proquest.com 3. www.geocities.com/Athens/Acropolis/5232/ 4. www.sgma.com 5. www.centrum.sk 6. www.zoznam.sk 7. www.freespace.virgin.net/g.hirst 8. www.fisonline.com 9. www.statcan.ca 10. www.moneycentral.msn.co.uk 11. www.msn.com 12. www.nike.com 13. www.niketown.com 14. www.nikebiz.com 15. www.sme.sk 16. www.pravda.sk 17. www.referat.sk 18. Reed Elsevier, 2000…

    • 4587 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    This paper explores Nike and their ability to overcome the consumer market. We will take a look at their strategic planning as far as concept, market segment and value proposition. Throughout this paper we will explain how Nike is one of the most sustained companies in our markets. The reason behind their success, their new inventions and solutions that seem to benefits athletes all around the world.…

    • 1621 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    “In the 1970s, athletic sportswear began to evolve from a product line aimed at small and unique markets into a mainstream fashion product” (Clean Clothes Campaign, 2004). Artemis Sportswear Company has helped transform sport shoes and apparel into a fashion statement. Today the “total worth of the athletic apparel and footwear market is estimated at over 58 billion US dollars” (Clean Clothes Campaign, 2004).…

    • 1504 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    One and a half months ago, the biggest athletic event in the world ultimately drew its curtains after a pitched one-month-long battle, which saw thirty-two teams vying for the roll of honor of being crowned the final kings of football – the World Champions – and earn bragging rights for four years at least. It was not only a world war among 32 national teams, but also a white war among several major sponsors. Concentrating on those big-name stars, spectators would easily find that Adidas and Nike became the largest winners among various brands, obtaining the sponsorship of 12 and 9 among the 32 teams respectively. Coincidentally, in the current athletic footwear market, Nike control the largest market share though facing enormous challenges from both existing and potential competitors. This essay will base on the Michael Porter’s Five Forces Model, analyze both the internal and external competitive factors of NIKE, unearth the deep secret for NIKE as the market leader, and look forward to the future athletic footwear market.…

    • 1430 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Nike (originally known as Blue Ribbon Sports), was founded by University of Oregon track athlete Phil Knight and his coach Bill Bowerman in January 1964 (Yahoo finance NKE profile page as of Jan. 2 2008). The company initially operated as a distributor for Japanese shoe maker Onitsuka Tiger, making most sales at track meets out of Knight's car. Many top Oregon runners began wearing the shoes, and the shoe's popularity grew quickly because of Kennan Meyer. The company's first self-designed product was based on Bowerman's "chicken and waffle" design in which the sole of the shoe was made by the pattern of a waffle iron.…

    • 494 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Nike, Inc. is a major publicly traded clothing, footwear, sportswear, and equipment supplier based in the United States. Nike started making history for sustainability in 1990 with the program Reuse-A-Shoe. They started to promote this by using advertisements which are still active today. The first line of this advertisement is an orange recycling symbol and next to it is an equal sign, with a Nike shoe. Under this line the advertisement states “what can your trash make?”. This advertisement gives its audience a clear view of sustainability and how the trash that they throw away everyday can make Nike shoes.…

    • 1372 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Footwear Industry Analysis

    • 4689 Words
    • 19 Pages

    3) Demand Analysis ........................................................................................................................................... 3 3.1) Environmental Analysis ......................................................................................................................... 4 3.2) Segmentation ........................................................................................................................................ 6 3.3) Factors Affecting Demand ..................................................................................................................... 7 3.4) Global Demand ...................................................................................................................................... 7 3.5) Attractiveness Drivers ........................................................................................................................... 8…

    • 4689 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Nike vs Adidas

    • 1389 Words
    • 6 Pages

    Introduction: As we know that both the brands NIKE and ADIDAS are having a very good reputed brands in the market and both the brands have different market segments and different strategy. After Thorley going through the case study and also visiting to both Nike and Adidas outlets the market in my city Delhi has more consumers of ADIDAS shows as compared to the NIKE. Now I am going describe about the market study as per the consumer demographical depending on their Age, Education, Income, Gender, Occupation.…

    • 1389 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Footwear Industry Guide

    • 1496 Words
    • 7 Pages

    Provides information on the business idea and suggests sources of further research and related fact…

    • 1496 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Europe Athletic Apparel and Footwear Industry Outlook to 2018- Eastern European Region to Drive Future Growth provides a comprehensive analysis of the athletic apparel and footwear market in Europe. The report covers various aspects such as market size of athletic apparel and footwear, market segmentation on the basis of geography by Western and Eastern Europe, by demand from men, women and children and by types of athletic wear product categories including knitted and crochet, non-knitted and non-crotchet athletic wear and athletic footwear categories. The report also entails recent trends and developments, porter’s five force analysis, SWOT analysis, market share of major players and future outlook and projections by geographies.…

    • 650 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Indian Footwear Industry

    • 8725 Words
    • 35 Pages

    Standing on the threshold of a retail revolution and witnessing a fast changing retail landscape, the Indian footwear market is set to experience the phenomenal growth in coming years. In past few years too, the market has seen robust growth, says “Indian Footwear Industry Analysis” report. This report provides extensive research and in-depth analysis on the Indian footwear market. The detailed data and analysis given in the report will help the client to evaluate the leading-edge opportunities critical to the success of the footwear market in India.…

    • 8725 Words
    • 35 Pages
    Powerful Essays