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NIKE
Just Do IT !
                          Group 4
       Name               Roll No:
        Shouvik Das        FT13170
       Ishani Sircar      FT13224
       Arjun Choudhry     FT13312
       Namita Joshi       FT13351
       Vikrant Vijay
       Mahajan            FT13389
       Ruchika Salhotra   FT13466
Introduction


 •   Est. in 1960 in Oregon.
 •   Phil Knight and Bowerman - Founder
 •   Nike has gone through many changes
 •   Started small and now has covered the U.S.
     and International market
Brand Image

• Conducting Press conferences & issuing
  press release
• Outlining the steps taken to ensure
  compliance with code of conduct
• Establishing & posting progress on
  improving labor conditions
• Responding to each enquiry.
• Should take into account business impact
  & desires of stakeholders
Brand Equity

• Nike sells feelings or emotions.
• An aggressive and performance oriented
  brand
• Has always given priority to performance
  and durability along with fashion
• Always provides higher quality with higher
  price.
• One of major source is professional athletes
  and signs top players of every sport.
Resonance with Customers
• United States: High level Resonance.
  −   Appreciated innovation and performance of the product.
  −   Influenced by the top athletes endorsements.
  −   Occupied the mind space of the customers through mass advertising.
  −   Consumer Research to gauge customer response and plan accordingly.
• European Markets: Medium level Resonance
  −   Developed cultural, geographical and personal relations and credibility
      among European consumers.
  −   Re-casted its brand image with regional tastes and cultural aspects.
  −   Sponsored local clubs and national teams to gain grass root level relevance.
• Asian Markets: Low-Medium level Resonance
  −   Local heroes were brand ambassadors with mass advertising.
  −   Implemented global labor standards to recover from Image crisis.
  −   Created CRD to reflect its community involvement.
Sponsorships & Endorsements

• Vital to Nike’s business. Attributes to early success of Nike.
• Helped in building the initial customer base for Nike.
• Gives a personality to brand – Michael Jordon personified
  Nike’s basketball shoes with his stellar performance.
• Occupied a brand space in consumer mind: Nike means
  Performance
• Success of the brand ambassadors helped in the growth of
  both brand value (return on financial investments) and
  customer value (customer loyalty).
• These helped Nike reclaim its market share and emerge as
  market leader in US.
Customer’s perceptions to Sponsorships
&Endorsements
 • Consumers believe the brand has greater value. E.g. John
   McEnroe support to shoes led to sale of 1.5 million pairs in US
   and credibility among European consumers.
 • Consumers believe the athletes' success is attributed to the
   brands they use. E.g. Sales crossed $ 3 billion when Michael
   Jordan-Chicago Bulls won the first of their six championships.
 • Consumers don’t prefer aggressive brands. E.g. ‘Play Hard,
   Die Old’ was not well received. No offerings in middle
   market was perceived as aggressive, expensive American
   brand.
 • Consumer’s attitude change over generations. E.g. Young
   generation felt Nike as cool brand while Older generation felt
   Adidas and Reebok to be better choice.
Fashion @ NIKE

• It is challenged to respond to a market
  demand for fashionable footwear and
  apparel.
• Fashion is an integral part of production.
• The company also opened first Nike
  Goddess store to sell fashionable
  sportswear for women.
• Fashion is important along with
Defensive Strategy

•   More emphasize on female consumers.
•   Service differentiation
•   Apparel and equipment customization
•   Product differentiation
•   Follow latest trend and innovate
•   Can also offer low price range products
THANK YOU !

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Bm group4 nike

  • 1. NIKE Just Do IT ! Group 4 Name Roll No: Shouvik Das FT13170 Ishani Sircar FT13224 Arjun Choudhry FT13312 Namita Joshi FT13351 Vikrant Vijay Mahajan FT13389 Ruchika Salhotra FT13466
  • 2. Introduction • Est. in 1960 in Oregon. • Phil Knight and Bowerman - Founder • Nike has gone through many changes • Started small and now has covered the U.S. and International market
  • 3. Brand Image • Conducting Press conferences & issuing press release • Outlining the steps taken to ensure compliance with code of conduct • Establishing & posting progress on improving labor conditions • Responding to each enquiry. • Should take into account business impact & desires of stakeholders
  • 4. Brand Equity • Nike sells feelings or emotions. • An aggressive and performance oriented brand • Has always given priority to performance and durability along with fashion • Always provides higher quality with higher price. • One of major source is professional athletes and signs top players of every sport.
  • 5. Resonance with Customers • United States: High level Resonance. − Appreciated innovation and performance of the product. − Influenced by the top athletes endorsements. − Occupied the mind space of the customers through mass advertising. − Consumer Research to gauge customer response and plan accordingly. • European Markets: Medium level Resonance − Developed cultural, geographical and personal relations and credibility among European consumers. − Re-casted its brand image with regional tastes and cultural aspects. − Sponsored local clubs and national teams to gain grass root level relevance. • Asian Markets: Low-Medium level Resonance − Local heroes were brand ambassadors with mass advertising. − Implemented global labor standards to recover from Image crisis. − Created CRD to reflect its community involvement.
  • 6. Sponsorships & Endorsements • Vital to Nike’s business. Attributes to early success of Nike. • Helped in building the initial customer base for Nike. • Gives a personality to brand – Michael Jordon personified Nike’s basketball shoes with his stellar performance. • Occupied a brand space in consumer mind: Nike means Performance • Success of the brand ambassadors helped in the growth of both brand value (return on financial investments) and customer value (customer loyalty). • These helped Nike reclaim its market share and emerge as market leader in US.
  • 7. Customer’s perceptions to Sponsorships &Endorsements • Consumers believe the brand has greater value. E.g. John McEnroe support to shoes led to sale of 1.5 million pairs in US and credibility among European consumers. • Consumers believe the athletes' success is attributed to the brands they use. E.g. Sales crossed $ 3 billion when Michael Jordan-Chicago Bulls won the first of their six championships. • Consumers don’t prefer aggressive brands. E.g. ‘Play Hard, Die Old’ was not well received. No offerings in middle market was perceived as aggressive, expensive American brand. • Consumer’s attitude change over generations. E.g. Young generation felt Nike as cool brand while Older generation felt Adidas and Reebok to be better choice.
  • 8. Fashion @ NIKE • It is challenged to respond to a market demand for fashionable footwear and apparel. • Fashion is an integral part of production. • The company also opened first Nike Goddess store to sell fashionable sportswear for women. • Fashion is important along with
  • 9. Defensive Strategy • More emphasize on female consumers. • Service differentiation • Apparel and equipment customization • Product differentiation • Follow latest trend and innovate • Can also offer low price range products