nikes presentation
DESCRIPTION
Nike historical background, achievements, competing competitors,TRANSCRIPT
WITH THE NAME OF ALLAH THE MOST GRACIOUS AND
THE MOST MERCIFULL
Brief Introduction about Presentation
Nike is an American Company Incorporated in 1968 as Blue Ribbon Sports.
During 1970’s Nike was in its rising stage. Expanded its Operations and opened more production plant
Market share was increased. From 1980 their declining stage started.
HISTORY OF NIKE
Nike was founded in 1972 Headquarters of Nike: Beaverton, Oregon,
USA. Key People of Nike: Philip Knight, Bill
Bowerman & Mark Parker Total employees of Nike were 26,700
(according to 2006)
HISTORY OF NIKE
Carolyn Davidson at Portland University designed Nike’s trademark Swoosh
The first Nike shoes was introduced in spring of 1972
Nike has more than 500 factories in 45 countries.
Most of the factories are located in Asian countries including: Pakistan, India, Malaysia, Korea and others
FROM 1970-1980
Bill Bowerman's and Knight's made a company named Blue Ribbon Sports
Blue Ribbon Sports changes its corporate name to NIKE
A soccer/football shoe is the first NIKE model to hit the retail market A Nike T-shirt to promote the shoe becomes the first apparel item
In 1990s
Nike acquires Tetra Plastics to assure exclusive supply of parts of their Air-Sole units
Nike Eyewear is introduced in OctoberNike Asia takes offChina becomes both a source country and a
vital market for NikeThe Nike Air GX and Air Foam shoes bring
new levels of comfort to soccer and basketball
INCLINING STAGE OF NIKE
In the 1970s Nikes growth was aided considerably by an important socio-cultural development.
The first line of Nike footwear is introduced called "Moon Shoe" that features a waffle sole
Nike held weekend races runs to raise money for charity
INCLINING STAGE OF NIKE
In 1970 Nike has the right place for the right product.
At that time companies sales and market shares increased dramatically
Nike continued to build its marketing strategy around increasing the products visibility.
The company expanded its product line by marketing a variety of shoes for different track events
SPONSOR&ADVERTISEMENT
To make there name in the global level nike sponoserd many atheletes
Sponsored German tennis player Michael Stich
Sponsored Italian National Soccer TeamNike print ad with the tag "There is no finis
h line" is introduced.
INCLINING GRAPH
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80
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ADIDAS PUMA REEBOK NIKE
1968-1972
1972-1976
1976-1980
DECLINING STAGE
Total profit at the end of 1984 was 7.8 million dollars
The total loss was 2.1 million at the end of 1985.
At the end of 1984 Nike profit was down to almost 30 percent.
Faced with an 11.5 percent drop in domestic sales of its shoes in the 1984
REASONS FOR DECLINING
Arrival of the competitors in the market like Adidas and puma
Style of shoes were getting oldNike market share was also damaged due
to the demographic changes IN 1980 the number of teens of Nike were
less then in 1970Nike spend a lot that is 10 million dollars in
advertising
REASONS FOR DECLINING
INORDER TO MAINTAIN HIGH QUALITY PRODUCT THEIR COST PRICE WAS VERY HIGH
WHICH EFFECT THE COMPANYS REVENUE
MUSLIM NATIONS CONTROVERSY WITH NIKE
In 1998, Nike used a logo Air on athletic shoes that resembles the word Allah in the Arabic script
Due to the protest of
Muslims Nike lift up all that material and waste it
Loss of Nike due to the embarrassing mistakes
DECLINING STAGE
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30
40
50
60
70
80
90
REEBOK ADIDAS PUMA NIKE
1980-1984
1984-1988
1988-1992
REQUIRMENTS FOR NIKE
They should know who are their customersThey should modify their product They should follow “More For More” strategy They should divide their market in to different
segments i.e. demographically, phsychographically
Collect primary data and built strong strategies against competitors
They should be very conscious about cultural differences
NIKE’S CURRENT POLICIES
Nike strong its R&D departmentToday Nike market it products to everyoneThey are targeting their customers in to
various groups They maintain their core values Focusing on innovation, developing new
product linesCreating sub brands and connecting with
customers of all kind
NIKE CURRENT PROGRESS
Nike now capture a 42% market share in United States
And more then 25% in all over the world Nike now willing to achieve the stairs of
success more and more
CONCLUSION
The rules or principles which we are studying in marketing are very
important for a firm to success in market
THANKS