SlideShare a Scribd company logo
Group OCTET
NIKE
Situation Analysis
 Company’s objectives
 Competitors
 Customers
 Procurement Strategy
Problem Statement
 Dependency on US market
 High cost of defending the competition
 Core marketing strategy
 Expenditure on marketing and
advertisement
 Debts
Evaluation Of Alternatives
 Targeting Asian Markets
 Fair pay for Labours
 Stop on Counterfeit products
 Marketing strategy
Actions taken and Learnings
 Nike aims to bring inspiration and
innovation.
 Natural manifestation of Nike’s attitude
of self-empowerment through sports.
 Sponsoring the teams with winning
potential.
 Better understanding of Capabilities ,
goals and desires of athletes.
 Develops deep enduring relationships
with people and organization.
Answer to the questions
Q1. What are the pros, cons and risks
associated with Nike’s core marketing
strategy?
Ans:
Pros:
 Star factor of athletes
 Continuous innovation
 New styles and trend
Cons:
 Dependency
 Talent identification
 Costly products
 Advertisement issue
 Controversies
Risk Associated:
 Investment is dependent on Athletes
 No Eco friendly approach.
 High risk with the controversies.
Q2. If you were Adidas, how would you
compete with Nike?
Ans:
Adidas
 Targeting upcoming athletes rather than established
ones.
 Street Battles
 Low Budget Products
 Focus on Asian Markets
 Using artists for promotions
 Adidas Clubs
Thank You!!

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Nike and it's Marketing strategies

  • 3. Situation Analysis  Company’s objectives  Competitors  Customers  Procurement Strategy
  • 4. Problem Statement  Dependency on US market  High cost of defending the competition  Core marketing strategy  Expenditure on marketing and advertisement  Debts
  • 5. Evaluation Of Alternatives  Targeting Asian Markets  Fair pay for Labours  Stop on Counterfeit products  Marketing strategy
  • 6. Actions taken and Learnings  Nike aims to bring inspiration and innovation.  Natural manifestation of Nike’s attitude of self-empowerment through sports.  Sponsoring the teams with winning potential.  Better understanding of Capabilities , goals and desires of athletes.  Develops deep enduring relationships with people and organization.
  • 7. Answer to the questions
  • 8. Q1. What are the pros, cons and risks associated with Nike’s core marketing strategy? Ans: Pros:  Star factor of athletes  Continuous innovation  New styles and trend Cons:  Dependency  Talent identification  Costly products  Advertisement issue  Controversies
  • 9. Risk Associated:  Investment is dependent on Athletes  No Eco friendly approach.  High risk with the controversies.
  • 10. Q2. If you were Adidas, how would you compete with Nike? Ans: Adidas  Targeting upcoming athletes rather than established ones.  Street Battles  Low Budget Products  Focus on Asian Markets  Using artists for promotions  Adidas Clubs