Nike New Product Marketing - Presentation Transcript
H2o Considered (New Product Marketing)
Market Need
High demand for bottled, filtered and chilled water.
Shift towards more environmentally friendly products
According to the survey:
89% of the respondents drink bottled water
71% also said that they would reuse water bottles after drinking the purchased water
Product attributes influencing purchase decision: Quality, Design and Cost effectiveness
One of the world’s most recognisable brandsCaptured markets in 160 countriesAn iconic brand that has set trends in both the sporting and fashion worlds “If you have a body, you are an athlete”
Concept Generation
Concept Generation
Concept 1 Components
Project / Concept Evaluation
Scoring Model
Sales Forecasting
Profit Forecast
Target market People within the Generation Y age group: University Students, Athletes, Outdoors Enthusiasts and Travellers Differentiation Innovative product features never seen before (Cooling and Filtering). Superior look Nike brand image Scheduled Release date: June 2010Recommended retail price: $34.95
Product Protocol
Design
Design
Design
Design
Factors considered by industrial designers
Launch
Launch
Launch
Thank You Simon N. Reynolds Twitter: @simonnreynolds http://www.simonreynolds.com.au
This is a new product marketing plan, developed as more
This is a new product marketing plan, developed as part of my studies at University of Technology, Sydney. It is a Nike Water bottle made by the Nike Considered guidelines, that cools and filters your water. less
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