Wednesday, May 6, 2020
Nike Brand Analysis - 1569 Words
Brand Analysis Assignment Nike 1. What is the positioning strategy of the brand à ¡V that is, how is it different from other brands in the market? How is it communicated through promotional materials? Nike is a brand that usually signs top athletes of every sport from across the world to lucrative deals so that the athletes can wear and represent Nike to its fullest. Nike, unlike its competitors, wants to be seen more as a symbol of strength, dedication, hard work, sweat, perseverance and the desire to succeed. Superb athletes and role models have extreme power over teenagers and often influence them into purchasing products not otherwise thought of. Nike has been able to sign numerous top notch athletes while other companies just simplyâ⬠¦show more contentâ⬠¦Action. Nike is a symbol reflecting hard work and the desire to succeed which is accomplished by taking action. Nike uses powerful images of men and women in its ads, usually in a sporting situation, to show where determination can take someone. This ad demonstrates the actions these athletes take to prepare for the great task ahead. ÃâX Another print ad shows one of the NBAà ¡Ã ¦s most talented basketball players, Kobe Bryant. Just days after Kobe Bryantà ¡Ã ¦s Nike contract was signed the media revealed his involvement in a sexual assault case. Any involvement certainly didnà ¡Ã ¦t reflect Nikeà ¡Ã ¦s mission or image therefore Nike decided to lay low on Kobeà ¡Ã ¦s contract. Now after the case has been settled Nike has begun its ad campaigns with Kobe as its spokesperson. However, his ad has a twist. It is Kobeà ¡Ã ¦s profile against a dark background and on the left side it mentions several tasks with accomplishments. Although the ad doesnà ¡Ã ¦t mention Kobeà ¡Ã ¦s involvement in the case directly it mentions several events of his life. The ad is about Kobe overcoming the adversity and working hard to get through it, eventually leading to the fact that he will still be on top because of his hard work and determination to get past it. Again, Nike is communicating hard work and perseveranc e. ÃâX Lastly is a print ad of Nikeà ¡Ã ¦s most recent campaign. Nike has officially moved towards the mini-trend celebrating the full figure sized woman. Following Doves renowned campaign and the newShow MoreRelatedBrand Analysis : Nike And Nike1300 Words à |à 6 PagesBrand Analysis: a case study of NIKE Background of Nike: Nike Inc. is an American corporation that was founded in 1971 and extended its market to the globe. It is known as one of the largest supplier for sports-related products in worldwide. The company mainly focus on selling athletic shoes, sportswear and other sports-related products. In year 2014 its brand value was valued at 19 billion, making it the most valuable brand among all sports-related business. By the end of 2015, It had an incomeRead MoreMarketing Analysis : Nike s Brand1460 Words à |à 6 PagesBranding Just do it! Most people know this slogan is a trademark of Nikeââ¬â¢s shoe company and one of the core components of Nikeââ¬â¢s brand. Brand equity represents the sport consumerââ¬â¢s associations (both positive and negative) with a sports teamââ¬â¢s name, logos, and images (Gladden Wong, 1997). Essentially, there are four main pillars to brand equity. First, perceived quality is consumerââ¬â¢s judgments of an itemââ¬â¢s excellence in respect to its intended purpose. 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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 aRead MoreCore Competencies And Sustainable Competitive Advantage1296 Words à |à 6 PagesCore Competencies and Sustainable Competitive Advantage In terms of core competency, Nike 1) provides high quality durable items to its customers. As a leader in fitness clothing and accessories, Nike strives to be on the edge of the market by providing innovative ideas that improve customer satisfaction. Recognizing the importance of eco-friendly business 3) Nike promotes recycling to its customers and utilize recycling in its own manufacture of products. 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