This file includes Top 10 Marketing Campaign by NIke which includes Livestrong, Fuel Your Team, The Chance, Times Square billboard, The Chosen, Nike Grid, Free Running, Catch The Flash, Ronaldinho
Analysis of the 2012 Nike campaign aimed to attract female customers, build a community to encourage women to feel independent and overcome social stigma.
This file includes Top 10 Marketing Campaign by NIke which includes Livestrong, Fuel Your Team, The Chance, Times Square billboard, The Chosen, Nike Grid, Free Running, Catch The Flash, Ronaldinho
Analysis of the 2012 Nike campaign aimed to attract female customers, build a community to encourage women to feel independent and overcome social stigma.
Marketing Management. Distribution channel conflict of NIKE. This case study gives a detailed report on the channel conflict of NIKE in USA and also the currents scenarios and strategies of the company.
Under Armour- Strategic Marketing Plan By Zoe Suffetysuffetyz
Strategic Marketing plan by Zoe Suffety including Mobile Marketing, Social Media and Internet Marketing that can boost the brand image of Under Armour.
Nike has been the most successful organizations which has excelled in the development of the sports good. Over the years it has been consistently maintained its brand and is regarded as the most innovative organization. Over the years, Nike has been producing new and advanced sports accessories and has consistently been the top choice of the sportspersons.
Marketing Management. Distribution channel conflict of NIKE. This case study gives a detailed report on the channel conflict of NIKE in USA and also the currents scenarios and strategies of the company.
Under Armour- Strategic Marketing Plan By Zoe Suffetysuffetyz
Strategic Marketing plan by Zoe Suffety including Mobile Marketing, Social Media and Internet Marketing that can boost the brand image of Under Armour.
Nike has been the most successful organizations which has excelled in the development of the sports good. Over the years it has been consistently maintained its brand and is regarded as the most innovative organization. Over the years, Nike has been producing new and advanced sports accessories and has consistently been the top choice of the sportspersons.
VMworld 2013: VMware Horizon View Clients: Your Data, Applications and Deskto...VMworld
VMworld 2013
Ben Chong, VMware
Kristina De Nike, VMware
Xiaomin Shen, VMware
Learn more about VMworld and register at http://www.vmworld.com/index.jspa?src=socmed-vmworld-slideshare
Smartphones, smart watches, laptops, connected cars, smart homes and wearables. The Internet of Things is arriving, and with it, some big challenges. Yes, the “things” are connected but they’re not communicating in a way that realizes the full potential of the IoT.
In this webcast, Brian Mulloy explores how to design and develop apps that work harmoniously with other apps as a system of systems. Learn about “big apps”—emergent systems that enable apps on multiple devices to work together—and how they are a design metaphor for creating holistic, consistent experiences across multiple devices. Discover how looping big apps into big data creates a compelling adaptive platform for the IoT.
Join to discuss:
- the potential of the IoT, realized through an adaptive cycle of analysis, prediction, and action, at scale
- how to go from today’s single-device apps to multi-device big apps
- the role big data will play in a virtuous app development cycle
- what the IoT means for your industry
Download podcast: http://bit.ly/ZWWwTv
The wearable technology market today spans across the fashion, medicine and technology industries. This presentation analyzes current trends across stye three industries and outline where the future of such products may be headed towards.
I personally researched Nike+ marketing communications strategy in 2012 (UK & US only).
Nike + Fuelband, won the titanium Grand Prix at the Cannes Lions festival.
NGINX Microservices Reference Architecture: Ask Me AnythingNGINX, Inc.
On-demand recording: http://bit.ly/2mg6NZm
The NGINX Microservices Reference Architecture (MRA) is getting big interest from software developers. Our recent webinar on Three Models in the MRA was one of our most popular ever.
Now, microservices experts Chris Stetson and Ben Horowitz answer all your questions in this Ask Me Anything (AMA) session. Chris and Ben have helped to build Sirius Satellite Radio, Intel.com, Lexus.com, Microsoft.com, Visa.com, and many more. So come ready to ask Chris and Ben anything about the Microservices Reference Architecture!
During this webinar, Chris and Ben answer questions about:
- Which MRA model is best for your application
- What problems microservices and the MRA solve
- How to apply the MRA in your organization
- What challenges others are facing
Comment Nike est parvenu à sortir des méthodes traditionnelles du marketing pour rassembler et fidéliser ses consommateurs autour de ses produits ?
Focus sur :
- réseaux sociaux
- application Nike + running
NetflixOSS Meetup S3 E1, covering latest components in Distributed Databases, Telemetry systems, Big Data tools and more. Speakers from Netflix, IBM Watson, Pivotal and Nike Digital
Running Head NIKE1NIKE6Week 6 Assignment 2E.docxjeanettehully
Running Head: NIKE 1
NIKE 6
Week 6 Assignment 2
Ebony Reid
Strayer University
BUS 499 Business Administration Capstone
Dr. Grizzel
Dr. Gardner
August 18, 2019
Found in the year 1954, Nike is an American multination company that specializes in the manufacture of athletic equipment, accessories, athletic wear, apparel, and providing footwear. The key goal of the company is to supply wearable and exceptional products that come in handy in enhancing better performance in sports (1). This paper will discuss the industry in which Nike operates in based the strategies it can use to build on its strengths and opportunities and those it can use to deal with the threats and weaknesses.
Five forces of competition
The two segments of the general environment that would rank highest in their influence on Nike are threats of new entrants and the level of competitive rivalry.
Threat of new entrants
In case new firms come in the market, they are likely to disrupt the industry environment of Nike, especially due to the company high pricing strategy. With the current technological advancement, it is likely that new companies will be looking to venture in the apparel, sports shoes, and equipment market as a way of making profits (1). Most of these companies may decide to sell their products at a lower price, thus leaving customers with a favorable choice compare to how Nike sells its products. With the U.S. facing hard times in how it deals with other countries politically, other companies may jump in and take advantage. For instance, following the U.S. sanctions on Iran, Nike lost the chance of producing equipment for the Iranian football team, which was a huge deal (2).
Level of competitive rivalry
The company faces tough competition from different brands, especially from Adidas and Reebok. Both of these companies deal with similar goods like Nike, although they have different customers from different parts of the globe (1). In the sports industry, the level of competition is strong. Furthermore, the industry has grown with the current players engaging in tough competition and seek to snatch away the market share from each other.
Evaluation
In the recent past, Nike has successfully been able to deal with the two threats successfully, although much need to be done to deal with them completely. To address these forces, the company has engaged in extensive research and development, whereby it creates more unique products that aid in maintaining its brand image. The company keeps improving its product every year to ensure that it does not lag behind its competitors. Furthermore, Nike has continually engaged in social media marketing, which has worked on its favor, given that their products are well known to their customers (1). For instance, the company recently engaged in the 'Just Do It' campaign where different customers posted their photos with the caption and helping the company to increase its popularity among the consumers.
Future improvements
T ...
Nike is a atheletic American shoe maker company,founded by Bill Bower man and Phil Knight as Blue ribbon support in 1962 and later in 2003 the name was changed to NIKE.
Havingits headquaters in Beaverton,Oregon in the Polan metropolitan area.Its one of the renowned,biggest as well as the leading supplier for trendy athletic shoes worlwide.Not only shoes its also manufacture clothes and apparels as well . And as it gives a sale of 3.7 billion $ which makes this manufacturer control 47% of the atheletic shoe market . It supplies its product in more than 100 countries worldwide .And I must say with its beautiful design and sporty look as well for its high quality material NIKE has achieved that legendary as well as remarkable place in the shoe industry. Nike has grown to be the industry largest sports and fitness industry. The motive of Nike is to bring inspiration and innovation to every athlete in the world Nike is been compared with the leading competitor which are Adidas, Reebok and as well as Puma etc. The report also gives a brief description about how the marketing analysis take place in the particular shoe brand by discussing its strength, weaknesses, opportunity and also focusing some of the market strategies
MKT 228 Online Advertising Campaign Short Paper Guidelines a.docxroushhsiu
MKT 228 Online Advertising Campaign Short Paper Guidelines and Rubric
Overview
Using your final project, create an online advertising campaign for your company. Specifically, make a list of the media (at least five) that would be most effective
in reaching your target audience. Explain your reasoning for each. Hint: Utilize the advertising objectives to help convey your message.
Format: This case analysis should follow these formatting guidelines: 1–2 pages, double spacing, 12-point Times New Roman font, 1-inch margins, and a
minimum of 2 sources.
Critical Elements Exemplary (100%) Proficient (85%) Needs Improvement (55%) Not Evident (0%) Value
Advertising
Objectives
Meets “Proficient” criteria and
uses clear and relevant
examples to establish the
context for the media selection
Identifies the advertising
objectives and connects them to
media selection
Identifies the advertising
objectives, but does not
connect them to media
selection
Does not include advertising
objectives
30
Media Selection Meets “Proficient” criteria and
also provides unique media
suggestions
Identifies appropriate media
selections for an advertising
campaign
Identifies media selections for
an advertising campaign, but
they lack appropriateness
Does not include media
selection
30
Reasoning Meets “Proficient” criteria and
justifies the reasoning with clear
and relevant examples that
firmly establish the
effectiveness of the choices
Provides appropriate reasoning
for the selection of the media,
using clear and relevant
examples
Provides reasoning for the
selection of the media, but does
not use clear examples
Does not include reasoning
30
Articulation of
Response
Submission is free of errors
related to citations, grammar,
spelling, syntax, and
organization and is presented in
a professional and easy-to-read
format
Submission has no major errors
related to citations, grammar,
spelling, syntax, or organization
Submission has major errors
related to citations, grammar,
spelling, syntax, or organization
that negatively impact
readability and articulation of
main ideas
Submission has critical errors
related to citations, grammar,
spelling, syntax, or organization
that prevent understanding of
ideas
10
Total 100%
Final Paper 2
Final Paper
Southern New Hampshire University
MKT 228
December 16, 2018
Executive Summary
This report presents a marketing plan for Nike Inc. products that were recently introduced by the company. It contains a comprehensive analysis of various components including the market and its competitor’s analysis. Besides, the report discusses Nike’s objectives as it looks forward to expanding its market and the marketing mix strategies that are employed in terms of 4ps using new t.
Running head WEEK 3 ASSIGNMENT 1 1WEEK 3 ASSIGMENT 12We.docxrtodd599
Running head: WEEK 3 ASSIGNMENT 1
1
WEEK 3 ASSIGMENT 1
2
Week 3 Assignment 1
Strayer University
BUS499 Business Administration Capstone
Dr. Grizzell
01/20/2019
April Monk
Introduction
The Nike company is a giant multinational company whose mission is to produce and market footwear together with other accessories. Additionally, the company offers services and sells other equipment. the company is affected by both external and internal factors. Given that the company is a leading supplier in athletic apparel and footwear, it records huge revenues. The company was listed in 2018 as number 89 in the Fortune 500 category of giant companies in the United States. The list is based on how much revenue a corporation makes. Nike is the most expensive sportswear company with a net worth of approximately $29.6 billion as at 2018.the corporation supplies sportswear worldwide. additionally, the company has embraced technology which ensures that it maintains its sales. The company has more than 74,400 employees worldwide. Although the company makes huge profits, application of industrial-based model and resource-based model can increase returns to above average. The company’s vision and mission contribute to its success (Nike, 2010).
Globalization
Change in global trends has hugely affected the Nike Corporation. The company has opened a total of 45 offices all over the world excluding offices located in the United States. The company has spread it tentacles to other continents becoming a member of almost all sport events. Nike products are distributed through the contracted shops spread all over the world. In total, the company has 700 shops outside United States. Globalization has expanded the company’s net worth by increasing sales. This ensures that the company is able to compete with other similar sportswear firms. The company is able to reach its customers all over the world due to its marketing designs. Nike has embraced globalization as a marketing strategy and this ensures that its products reach all potential customers. additionally, the company has entered into marketing agreements with global marketing companies such as Amazon and Sweatshops. Globalization has also affected the way this company undertakes its advertisement campaign. The company has now embraced global trends of advertisement such as celebrities and international athletic teams. The company has also entered into official contracts with major leagues such as the National Basketball Association (NBA) to become their official uniform supplier.
Technology
Nike has incorporated new technology in its production process. The company applies new and innovative technology in manufacturing, marketing and customer services. The company was among the first global corporations to adopt marketing using the internet, managing its operations and communications via email technology and applying advanced communication technologies such as Broadcast. Application of such technologies in marketing.
Running head Nike Inc. 1Nike Inc.9Nik.docxglendar3
Running head: Nike Inc. 1
Nike Inc. 9
Nike Inc.
Strayer University-BUS 499
April Monk
02/24/2019
Introduction
Nike Inc. is one the largest footwear manufacturing company across the globe that deals with designing, developing footwear, equipment, service and accessories. Nike products are sold in approximately 110 countries with about 20,000 retail accounts. By the end of 2018, the multinational company operated 1,182 stores globally with 392 of them situated in the United States. Nike has incorporated various business and corporate level strategies to ensure that it continues being one of the most successful companies in the globe. Just like any other multinational company, Nike experiences a great extent of competition from other firms thus it is very important for it to develop new business strategies which will act as a competitive advantage to address the competition from other firms.
Business level strategies
Business level strategies are plans that a company develops to describe how it aims at building a sustainable competitive advantage. The nature of competition in various industries has been changed due to these strategies which have allowed further developments in products quality and cost. Nike uses a business level strategy that is similar to a differentiation strategy. When a company incorporates the differentiation strategy it aims at being unique by providing products and services that are greatly valued by customers (Petrie, 2016). The strategy is aimed at distinguishing products and services with other similar products offered by competitors in the market. The differentiation strategy entails paying key attention to various aspects of a product such as the design, features and brand image in order to successfully come up with a unique product. Nike has been able to build the image of their brand and differentiate themselves from their competitors through product innovation, development of technology and offering high quality products.
Nike does not utilize the cost leadership strategy to a great extent because the products that it produces are higher end prices that the customers are willing to pay for due to the value and uniqueness they see in them. A cost leadership strategy is aimed at maximizing the level of profits by decreasing the production costs. Through personalization procedures such as NikeID and college sponsorships, Nike has been able to convince customers that their products are one of a kind and have been able to greatly create value for the customer. However, the company has incorporated the strategy in various instances such as in the late 1990s whereby it decreased the cost of its athletic shoes and other sporting equipment’s. Nike does not also incorporate a focus strategy to a great extent because it has a wide market segment. They have various products ranging from shoes to sporting equipment that are sold worldwide. Instead of using a focus strategy, the company aims at being the best in.
Running head: Nike Inc. 1
Nike Inc. 9
Nike Inc.
Strayer University-BUS 499
April Monk
02/24/2019
Introduction
Nike Inc. is one the largest footwear manufacturing company across the globe that deals with designing, developing footwear, equipment, service and accessories. Nike products are sold in approximately 110 countries with about 20,000 retail accounts. By the end of 2018, the multinational company operated 1,182 stores globally with 392 of them situated in the United States. Nike has incorporated various business and corporate level strategies to ensure that it continues being one of the most successful companies in the globe. Just like any other multinational company, Nike experiences a great extent of competition from other firms thus it is very important for it to develop new business strategies which will act as a competitive advantage to address the competition from other firms.
Business level strategies
Business level strategies are plans that a company develops to describe how it aims at building a sustainable competitive advantage. The nature of competition in various industries has been changed due to these strategies which have allowed further developments in products quality and cost. Nike uses a business level strategy that is similar to a differentiation strategy. When a company incorporates the differentiation strategy it aims at being unique by providing products and services that are greatly valued by customers (Petrie, 2016). The strategy is aimed at distinguishing products and services with other similar products offered by competitors in the market. The differentiation strategy entails paying key attention to various aspects of a product such as the design, features and brand image in order to successfully come up with a unique product. Nike has been able to build the image of their brand and differentiate themselves from their competitors through product innovation, development of technology and offering high quality products.
Nike does not utilize the cost leadership strategy to a great extent because the products that it produces are higher end prices that the customers are willing to pay for due to the value and uniqueness they see in them. A cost leadership strategy is aimed at maximizing the level of profits by decreasing the production costs. Through personalization procedures such as NikeID and college sponsorships, Nike has been able to convince customers that their products are one of a kind and have been able to greatly create value for the customer. However, the company has incorporated the strategy in various instances such as in the late 1990s whereby it decreased the cost of its athletic shoes and other sporting equipment’s. Nike does not also incorporate a focus strategy to a great extent because it has a wide market segment. They have various products ranging from shoes to sporting equipment that are sold worldwide. Instead of using a focus strategy, the company aims at being the best in.
8
Week 6 Assignment 2
April Monk
Strayer University
BUS499 Business Administration Capstone
Dr. Grizzell
02/10/2019
Introduction
The Nike Company is a giant company whose operation are influenced by a number of factors. The environment under which the company operates influence its level of production, sales and marketing. Additionally, the environment is an important function of the company’s human resource management. The industry which the company operates in is highly competitive due to existence of other companies. The company has come up with extensive strategies which increase its ability to compete and increase its customer base. The five forces of competition are a major ingredient of the company’s competitive design. The management in the company understand the importance of adopted a well-structured design to enhance future improvements and control external threats and opportunities. The strengths and weaknesses of the company also influence production and marketing. The available resources, capabilities and core competencies are integral in achieving a vantage position in the sports merchandise industry.
General environment
Sports merchandise industry is made up of different components which directly influence the existing company. The world of sports has grown in popularity during the last few decades. This has prompted the growth of a robust industry which focuses on manufacturing and selling sportswear and other accessories. The environment in this industry is highly competitive due to existence of many company which produce similar products. Companies such as Adidas, Puma, and Mikasa among others offer competition to Nike. Therefore, the existence of a highly competitive nature within this industry ranks as the most influential part of the environment. Technological advancement also plays a huge part in influencing this industry. The world of sports has embraced application of new and innovative technologies which improve performance. The company has to adapt to the change in customer preference in terms of the choice of technology. This is because a customer influences the company’s level of sales and production.
Five forces of competition
The five forces of competition are important to the company since they influence its operations. The factors determine how much the sportswear industry is attractive thereby influencing the strategies laid out by the company. The forces also determine the attractiveness of this industry in terms of favorable competition and likely profit margins. The factors also directly influence the company’s ability to give good services to its customers thus gaining loyalty. These microenvironment forces help the Nike Company to apply core competencies and resources to achieve high profits.
Item 1
The onset of new sportswear companies whose products are almost autonomous creates a threat to the firm. These products are a good customer substitute. Some customers go these products since they solve.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
The key differences between the MDR and IVDR in the EUAllensmith572606
In the European Union (EU), two significant regulations have been introduced to enhance the safety and effectiveness of medical devices – the In Vitro Diagnostic Regulation (IVDR) and the Medical Device Regulation (MDR).
https://mavenprofserv.com/comparison-and-highlighting-of-the-key-differences-between-the-mdr-and-ivdr-in-the-eu/
2. Nike’s new campaign, “Possibilities,”
inspires viewers to push their limits
and strive to reach new goals
through a variety of playful scenarios
featuring an all-star cast of athletes
and guest stars. Digital and social
media help viewers to #justdoit
themselves through a series of Nike+
challenges.
3. Brand name recognition. Nike has been around so long, the
brand is recognized and respected both internationally and
domestically.
Nike has consistently produced quality products that appeal to
its consumers both internationally and domestically, esBrand
establishing brand loyalty.
Number one footwear manufacturer in nine international
countries with distribution centers both internationally and
domestically.
.
Ad agency with offices in three different countries in order to
reach their target audience on a local level.
4. The organization does have a diversified range of sports
products. However, the income of the business is still heavily
dependent upon its share of the footwear market. This may leave
it vulnerable if for any reason its market share erodes.
High Advertising Costs: Part of the company’s marketing strategy
involves locking up major sports stars in lengthy endorsement
deals. This has proven to be a rather successful tactic, as
evidenced by the global awareness of the NIKE brand and the
company’s strong share positions in each of its categories. The
strategy comes at a pretty high price tag. Total advertising and
promotion expenses were about $2.7 billion, or nearly 11% of
sales, in fiscal 2013, which ended May 31, 2013.
5. Favorable Industry Trends: Among these are the growing popularity
of running worldwide and the increased desire for minimalist footwear.
A heightened emphasis on fashion in the athletic realm is also giving
NIKE a boost, since style has always played a large role in its footwear
and apparel lines. The company’s fashion focus explains, why NIKE
gear is universally worn casually rather than merely during sporting
pursuits.
Direct to Consumer: eCommerce, in particular, represents a big
opportunity for NIKE, and it is expected this to be a $2 billion business
annually, versus closer to $540 million today. The company should
continue to expand its base of retail shops and factory stores, as these
locations allow NIKE to best control its brand, more effectively manage
its inventory, and win new wholesale accounts. At present, there are
over 750 retail units worldwide, including over 300 in the United
States.
6. Heightened Competition: In addition to entrenched
rivals, like V.F. Corporation , which markets goods
under The North Face and Timberland labels, The most
significant competitors are Skechers USA and Under
Armour , the latter of which has been growing at a
blistering pace since going public in 2005 and has done an
enviable job of reaching out to young consumers.
Product Cost Inflation: Rising raw material costs are apt
to be a long-term headwind, with the developing world
continuing to use up more commodities. Labor inflation
will likely be an issue, too, but, as we’ve suggested, we see
NIKE making productivity improvements in this area.
7. Nike began experimenting with digital platforms as early as 1996
when the brand launched the website for the Atlanta Olympics.
In 2006, Nike created the Nike+ platform to meet the changing
demand of customers in the mobile era.
It is a multi-channel, sensory combining Apple and Nike
technologies that allows individuals to track performance. For
the first time, this platform allows Nike to have a personal
conversation with its customers. It also supplies data to Nike
laboratory to study the behaviors and patterns of its customers.
In 2010, Nike launched Nike Digital Sport and hired new engineers
to make technology for digital communities.
8. Nike is well positioned with their Nike+ integrated
platform and community ecosystem. Their great brand
and expertise in fitness and athletics also puts them in
a great position of credibility. Nike needs to continue
to invest in innovative tracking capabilities, Big Data
analytics, and Human Internet of Things (HIoT)
integration into clothing and equipment to stay in a
leadership position.
Recommended Platforms,
Tactics and Strategies
9. In today’s networked age, competition is increasingly over
platforms. Build a better platform, and you will have a decided
advantage over the competition.
By building a digital platform, other businesses can easily
connect their business with yours, build products and services
on top of it, and co-create value.
Nike is also shifting from products to platforms. Building on the
success of its Digital Sport products, Nike launched its Nike+
Accelerator to help companies build on the Nike+ platform.
Nike’s announcement reflects platform thinking. “We are
looking for people who want to create companies that build
upon the success of [Nike+] to make the world more active.”
How to Measure Success
10. Bonchek. M (2013). Three Elements of a Successful Platform Strategy. https://hbr.org/2013/01/three-elements-of-a-
successful-platform
Friesner, T. (2014).SWOT Analysis Nike, Inc.http://www.marketingteacher.com/nike-swot/
Griffith, I. (2012).How social media and digital marketing has impacted global branding.
http://www.smartinsights.com/online-brand-strategy/international-marketing/how-social-
and-digital-marketing-has-impacted-global-branding/
Hellman, J (2014)NIKE: A Short SWOT Analysis.
http://www.valueline.com/Stocks/Highlight.aspx?id=15623#.VPMc0fnF98E
Moth,D (2013).10 awesome digital marketing campaigns from Nike..https://econsultancy.com/blog/63129-10-
awesome-digital-marketing-campaignsfrom-nike/
Moth,D (2013). How Nike uses Facebook, Twitter, Pinterest and Google+.
https://econsultancy.com/blog/62412-how-nike-uses-facebook-twitter-pinterest-and-google/
Swallow, E. (2011).How Nike Outruns the Social Media Competition.
http://mashable.com/2011/09/22/nike-social-media/