The CMO Survey - Highlights and Insights Report - Spring 2024
Nike
1.
2. INTODUCTION
• Founded by Phil Knight and Bill Bowerman
• Manufacturer of sportswear
• Current owner is Phil Knight (having
controlling shares)
• Market share of more than 47 %
• 700 shops around the world and has offices in
45 countries
3. HISTORY
FOUNDED on 25 JANUARY 1964 as BLUE
RIBBON
Officially became NIKE on May 30 1971.
Nike is originated from Greek word “The
goddess of victory”
4. Mission
• To bring inspiration and innovation to every
athlete in the world
5. SWOT ANALYSIS
STRENGHTS :
Strong brand name
Have offices in 45 countries
Employs are 3o thousand across the world
It has a lot of resources
R&D(research and development) is bringing new
and innovative products
Strong Marketing Campaign
6. WEAKNESSES
Revenue is dependent upon footwear
Poor condition in work place
Exploiting rights of workers who are working
overseas
Minimum Wages are paid
They don’t use technology for promotion
7. Opportunities
They must penetrate in new markets
Invest more on their other items too
They should work on non sports items
They should make cheap items too
10. ECNOMIC
Changing economy of the world
Buying power of customers in different parts of
the world
Cost of labor is changing which can affect nike
Economic stability
15. PORTORS FIVE FORCES
COMPETITIVE RIVALRY : STRONG (ADDIDAS)
BARGAINING POWER OF COSTOMERS (
MODERATE)
BARGAINING POWER OF SUPPIERS (WEAK)
THREATS OF SUBSTITUTION (MODERATE)
THREATS OF NEW ENTRANTS (WEAK)