Nike New Product Marketing

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This document discusses a new product called H2o Considered, a bottled water product that filters and cools water. It aims to target generation Y consumers with an environmentally friendly alternative to disposable plastic water bottles. The product will feature innovative cooling and filtering technology, superior design aesthetics leveraging the strong brand image of Nike, and a planned June 2010 release at a $34.95 retail price point. Market research shows high demand for bottled, filtered, and chilled water, as well as a shift toward more eco-friendly options.

Business Design

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Factors considered by industrial designers

Thank You Simon N. Reynolds Twitter: @simonnreynolds http://www.simonreynolds.com.au

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this presentation has been made as assignment by the Afghanistan scholars in SCMHRD, and got great score among other presentation, data which has been used for this presentation was from secondary resources. from up to bottom the brand prism it describe that what companies send the picture and what the customer receive the picture of brand and company, it all related how good the company do the brand prism job.

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The Nike ethos is characterised by an emphasis on the role of internationalisation as an entrenched component of their business strategy. This is reflected by their mission statement, which aims to “bring inspiration and innovation to every athlete* in the world” with the caveat that “*if you have a body, you are an athlete” (Nike.com, 2017). Significantly this emphasises a global outlook, that transcends the elementary definition of international marketing - “the marketing of goods, services and information across political boundaries” (Albaum et al., 2005). Many firms take mercantile approaches to marketing that “satisfy customer requirements profitably” (Marketing and the 7Ps, 2015). Nike, however, follows more holistic principles - “11 maxims” (Farfan, 2017) - that allow it to achieve its fundamental premise - to inspire its global consumer base, albeit in a financially rewarding manner. Armed with a global marketing orientation, Nike caters to a range of customers that have a plethora of demands, which vary along demographic, geographic, and cultural lines. Thus, their marketing model is predicated upon nuanced strategies that consider domestic market variables (domestic and foreign controllables & uncontrollables) (Ghauri & Cateora, 2014). Consequently, and because of the large role that internationalisation has played in Nike’s success story, this paper evaluates its marketing strategy; with a focus on micro, macro, and task analysis.

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food science bacteria viruses algae fungi green algae The word "design" hasn't been frequently utilized in the food sector outside of packaging and advertising. The term "product development" has been used to describe the process of creating a product and has associations with laboratory formulation and sensory panels. The adoption of food product design and the integration of food product design with other fields of design, however, may now have tangible advantages. In equal partnership with engineers, marketers, and consumer researchers, product design is a crucial component in the process of creating new products (Bleich and Bleich, 1993). All of these elements are combined in the product's technology. Throughout the PD Process, consumer researchers develop the link between the consumer and the product. Market analysts do market research and develop the marketing and distribution plans for the market strategies. Together, the food engineer and technologist conduct product and process research for co-engineering, and they develop the physical distribution and manufacturing processes. The designer of food products investigates the social and cultural contexts before creating the all-encompassing product. All of these need to be included from the start of the PD Process. All factors come together when the product idea and design specifications are developed, and as the project moves forward, the participants realize what is required for product design, production, and marketing to suit the needs, wants, and Food Product Development behaviors of customers. The process of product design is constrained by a set of criteria (product design specification), which include the performance, appearance, cost, and essential and desired product functions (Dasgupta, 1996). Although this is typical in many industrial fields, the food industry is just now starting to \ accept it. First, a product concept is developed by customers, product designers, and frequently marketers; then, developers and Between these sections, the project team collaborates. First, they research the market, aiming to translate the demands into more precise phrases in the product brief while also researching the rival goods. Then, in order to develop particular product concepts, they return to the consumers with more clearly defined product kinds. Finally, they incorporate the product concepts into more precise and in-depth product descriptions before asking consumers for their feedback once again. From the first concept through the final product specifications governing manufacturing and the final product proposition serving as the foundation for marketing, the product concept advances throughout the product development project. Product Development Key Stages Ideation Formulation Processing Commercialization Ideation Coming up with the original idea is frequently the most challenging step in the product development process. It might be difficult t

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What Is the Development of Food Products? The difficult procedure required to release a new or enhanced product onto the market is called product development. This is done in the food sector by creating foods that appeal to the target market and fill in any gaps in their present preferences and demands is called Food product development. Developing the product concept The word "design" hasn't been frequently utilized in the food sector outside of packaging and advertising. The term "product development" has been used to describe the process of creating a product and has associations with laboratory formulation and sensory panels. The adoption of food product design and the integration of food product design with other fields of design, however, may now have tangible advantages. In equal partnership with engineers, marketers, and consumer researchers, product design is a crucial component in the process of creating new products (Bleich and Bleich, 1993). All of these elements are combined in the product's technology.

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Nike New Product Marketing

1. H2o Considered (New Product Marketing)

3. 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”

4. Concept Generation

5. Concept Generation

6. Concept 1 Components

7. Project / Concept Evaluation

8. Scoring Model

9. Sales Forecasting

10. Profit Forecast

11.

12. Design

13. Design

14. Design

15. Design