Saturday, May 23, 2020

Report on the Case Study Nike Essay - 1485 Words

Report on the Case Study Nike This report has been produced to provide an insight into the consumer decision-making process, buyer behaviour factors that consumers of Nike are influenced by. The report also details recommendations based on the findings. 2.0 Summary =========== The report is about Nike, regarding the case study. The report elaborates on the aspects including buyer behaviour, brand image, consumer decision making, and marketing research techniques applicable to Nike. 3.0 Introduction Nike is the worlds number one sports shoe company. In the US Nike dominates 35% (source: see appendices) of the sports shoe market and its products are sold in more than 140†¦show more content†¦4.3 Extended Problem Solving This decision making process would be apparent on consumers whos purpose for purchasing a Nike product is controlled by whether or not it suits their needs. This type of consumer would not be as concerned with branding, but whether it meets their requirements. The making process would be longer. 4.4 Routine Problem Solving Nikes prominent and continuous advertising campaigns ensure that consumers in the youth market are aware of the brand, as greater awareness inevitably leads to greater sales. Once these sales are secures by consumers in the youth market their interest is maintained by further advertising, which leads to repeat purchase. 4.5 Variety Seeking Behaviour Although Nike is the market leader in sports shoes, this doesnt guarantee consumers will switch to competitors alternatives. There are consumers who switch brands in an attempt to be different. This is often due to changes in fashion 4.6 Consumer Decision Making in the sports shoe market, for a running shoe: Total Set Awareness Set Choice Set Decision Set All running shoes Nike Nike Nike Adidas Adidas Reebok New Balance 4.7 The basic decisions made by consumers are ignored by the majorityShow MoreRelatedNike Markeing1333 Words   |  6 Pagesmix to different marketing segments and contexts Context The purpose of this report is to apply your knowledge of marketing to Nike (a well known sports retailer). Your report should explain the concepts of marketing and illustrate segmentation, targeting and positioning using one of their products. Finally, you will analyse their marketing and devise a marketing mix for one of their products. Your report should answer each of the following questions in turn: Task 1 - Investigate theRead MoreNike : Sustainability And Labour Practises1217 Words   |  5 Pagesmake the surroundings more sustainable in nature. So now in this report which is based on the case study of â€Å"Nike: sustainability and labour practises†. This case illustrates that Nike was found guilty regarding the labour practises the company was following which the reason for the external criticism Nike had to face around the world during 1990 and 2000. The main purpose of this report is to study the sustainable initiatives Nike had to take to tackle these issues and further how much those stepsRead MoreNike : Managing Ethical Organization1288 Words   |  6 PagesNike: Managing Ethical Missteps- Sweatshops to Leadership in Employment Practices Founded in 1972, Nike is one of the world’s leading distributors of sporting equipment and apparel. The company faces stiff competition from brands such as Reebok and Adidas and must keep their prices low to remain competitive. Nike’s business model involves keeping production costs low as possible by outsourcing to foreign countries and using their high profit margins to invest in research and designRead MoreNike vs Adidas1379 Words   |  6 Pages1. Visit minimum 5 retailers of NIKE/ADIDAS and prepare a brief summary report of: a) Typical customer profile/demographic profile of the products of NIKE/ADIDAS shoes. b) Acceptance levels of the 2 brands in the consumers of your city. c) Consumer feedback for improvement, if any, of NIKE/ADIDAS. Ans: The Finally report After visit of Six Outlets of Nike Adidas: Introduction: As we know that both the brands NIKE and ADIDAS are having a very good reputed brandsRead MorePsychology of Business - Nike She Runs1414 Words   |  6 Pagesrelevant case/problem, account for and discuss how a psychological perspective can qualify those.† Hand in date: 8th May 2014 Julie Ingemann Jensen 3 Pages Copenhagen Business School 2014 Nike currently stands as a dominant leader in the global athletic retail industry. Particularly amongst females Nike is seen as a popular choice for apparel yet has had trouble solidifying itself as a top choice for footwear, with competitor ASICS seen as the preferred running shoe choice. Nike recognisedRead MoreNike: The Sweatshop Debate Essay1195 Words   |  5 Pagespresented in the Nike sweatshop debate case study. The paper determines the various roles that the Vietnamese government played in this global business operation. This paper summarizes the strategic and operational challenges facing global managers illustrated in the Nike sweatshop case. Nike: The Sweatshop Debate Case Study This paper describes the legal, cultural, and ethical challenges that confronted the global business presented in the Nike sweatshop debate case study. It illustratesRead MoreNike CSR Analysis1581 Words   |  7 Pagesï » ¿ CSR Analysis and Impact on Operations Nike has a Code of Business Conduct and Ethics that includes its commitment to the environment and is a signatory of the UN Global Compact. Nike has created a team of sustainability managers led by an independent director. Its environmental goals include producing eco-friendly products and minimizing its environmental impact through the reduction of greenhouse gases, organic solvents and PVCs. Nike acknowledges the difficulty of tracking environmentalRead MoreA Research Report On Nike1612 Words   |  7 Pagesleading brand Nike. Firms undertake a situational analysis and planning process to identify and justify appropriate marketing opportunities for growth. This report provides an introduction to Nike with a background to the Company, its history and its product. This report also provides background data on the market, the product in more depth, its competition, the industry and the macro environment. A summary of the key findings from this situational analysis and a TOWS analysis. The report also suggestRead MoreSweatshops Case Study1419 Words   |  6 PagesIntroduction Over time Nike has become one of the most prominent figures in the apparel and sporting industries, yet the corporation has found itself for years involved in a massive scandal due to their use of sweatshops. The harsh backlash towards the immorality of using sweatshops has lead to Nike’s image being tainted; nevertheless, consumers continue to fill up retail Nike stores. With this in mind, I will explain as to why consumers continue to purchase Nike products, and to accomplish theRead MoreNike s Sustainable Business And Innovation Strategy Essay1669 Words   |  7 PagesCompany Overview NIKE, Inc. (Nike) is a publicly traded American multinational company in the sportswear and apparel industry. In 2016 Nike Brand sales covered 47% of total revenue in the U.S. market and 53% of the market internationally. These figures show they are clear market leaders over their main competitors Adidas, Under Armour and Puma. For the fiscal year 2016; total revenues were a record high $32.4b and net income was $3.76b, up 6% and 15% respectively from 2015, showing a very strong

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.