My team and I did an in-depth overview of Nike's competitive position in the sports apparel and footwear industry as well as suggested strategies to help improve their performance.
My team and I did an in-depth overview of Nike's competitive position in the sports apparel and footwear industry as well as suggested strategies to help improve their performance.
In our Strategic Management Class at the Monfort College of Business. We where assigned the taks to conduct an analysis of NIKES Strategic business plan. Here is the presentation that me and my teamates put together using many different reasearch platforms and also using Canva to design the look of our presentation.
In our Strategic Management Class at the Monfort College of Business. We where assigned the taks to conduct an analysis of NIKES Strategic business plan. Here is the presentation that me and my teamates put together using many different reasearch platforms and also using Canva to design the look of our presentation.
An American multinational corporation, Nike, Inc. is one of the most leading brands which designs, develops and sells footwear, apparel, accessories, equipment and other services worldwide.
For more details:- https://myassignmenthelp.com/case-study/nike-swot-pest-analysis-case-study.html
Skeem Saam in June 2024 available on ForumIsaac More
Monday, June 3, 2024 - Episode 241: Sergeant Rathebe nabs a top scammer in Turfloop. Meikie is furious at her uncle's reaction to the truth about Ntswaki.
Tuesday, June 4, 2024 - Episode 242: Babeile uncovers the truth behind Rathebe’s latest actions. Leeto's announcement shocks his employees, and Ntswaki’s ordeal haunts her family.
Wednesday, June 5, 2024 - Episode 243: Rathebe blocks Babeile from investigating further. Melita warns Eunice to stay clear of Mr. Kgomo.
Thursday, June 6, 2024 - Episode 244: Tbose surrenders to the police while an intruder meddles in his affairs. Rathebe's secret mission faces a setback.
Friday, June 7, 2024 - Episode 245: Rathebe’s antics reach Kganyago. Tbose dodges a bullet, but a nightmare looms. Mr. Kgomo accuses Melita of witchcraft.
Monday, June 10, 2024 - Episode 246: Ntswaki struggles on her first day back at school. Babeile is stunned by Rathebe’s romance with Bullet Mabuza.
Tuesday, June 11, 2024 - Episode 247: An unexpected turn halts Rathebe’s investigation. The press discovers Mr. Kgomo’s affair with a young employee.
Wednesday, June 12, 2024 - Episode 248: Rathebe chases a criminal, resorting to gunfire. Turf High is rife with tension and transfer threats.
Thursday, June 13, 2024 - Episode 249: Rathebe traps Kganyago. John warns Toby to stop harassing Ntswaki.
Friday, June 14, 2024 - Episode 250: Babeile is cleared to investigate Rathebe. Melita gains Mr. Kgomo’s trust, and Jacobeth devises a financial solution.
Monday, June 17, 2024 - Episode 251: Rathebe feels the pressure as Babeile closes in. Mr. Kgomo and Eunice clash. Jacobeth risks her safety in pursuit of Kganyago.
Tuesday, June 18, 2024 - Episode 252: Bullet Mabuza retaliates against Jacobeth. Pitsi inadvertently reveals his parents’ plans. Nkosi is shocked by Khwezi’s decision on LJ’s future.
Wednesday, June 19, 2024 - Episode 253: Jacobeth is ensnared in deceit. Evelyn is stressed over Toby’s case, and Letetswe reveals shocking academic results.
Thursday, June 20, 2024 - Episode 254: Elizabeth learns Jacobeth is in Mpumalanga. Kganyago's past is exposed, and Lehasa discovers his son is in KZN.
Friday, June 21, 2024 - Episode 255: Elizabeth confirms Jacobeth’s dubious activities in Mpumalanga. Rathebe lies about her relationship with Bullet, and Jacobeth faces theft accusations.
Monday, June 24, 2024 - Episode 256: Rathebe spies on Kganyago. Lehasa plans to retrieve his son from KZN, fearing what awaits.
Tuesday, June 25, 2024 - Episode 257: MaNtuli fears for Kwaito’s safety in Mpumalanga. Mr. Kgomo and Melita reconcile.
Wednesday, June 26, 2024 - Episode 258: Kganyago makes a bold escape. Elizabeth receives a shocking message from Kwaito. Mrs. Khoza defends her husband against scam accusations.
Thursday, June 27, 2024 - Episode 259: Babeile's skillful arrest changes the game. Tbose and Kwaito face a hostage crisis.
Friday, June 28, 2024 - Episode 260: Two women face the reality of being scammed. Turf is rocked by breaking
Young Tom Selleck: A Journey Through His Early Years and Rise to Stardomgreendigital
Introduction
When one thinks of Hollywood legends, Tom Selleck is a name that comes to mind. Known for his charming smile, rugged good looks. and the iconic mustache that has become synonymous with his persona. Tom Selleck has had a prolific career spanning decades. But, the journey of young Tom Selleck, from his early years to becoming a household name. is a story filled with determination, talent, and a touch of luck. This article delves into young Tom Selleck's life, background, early struggles. and pivotal moments that led to his rise in Hollywood.
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Early Life and Background
Family Roots and Childhood
Thomas William Selleck was born in Detroit, Michigan, on January 29, 1945. He was the second of four children in a close-knit family. His father, Robert Dean Selleck, was a real estate investor and executive. while his mother, Martha Selleck, was a homemaker. The Selleck family relocated to Sherman Oaks, California. when Tom was a child, setting the stage for his future in the entertainment industry.
Education and Early Interests
Growing up, young Tom Selleck was an active and athletic child. He attended Grant High School in Van Nuys, California. where he excelled in sports, particularly basketball. His tall and athletic build made him a standout player, and he earned a basketball scholarship to the University of Southern California (U.S.C.). While at U.S.C., Selleck studied business administration. but his interests shifted toward acting.
Discovery of Acting Passion
Tom Selleck's journey into acting was serendipitous. During his time at U.S.C., a drama coach encouraged him to try acting. This nudge led him to join the Hills Playhouse, where he began honing his craft. Transitioning from an aspiring athlete to an actor took time. but young Tom Selleck became drawn to the performance world.
Early Career Struggles
Breaking Into the Industry
The path to stardom was a challenging one for young Tom Selleck. Like many aspiring actors, he faced many rejections and struggled to find steady work. A series of minor roles and guest appearances on television shows marked his early career. In 1965, he debuted on the syndicated show "The Dating Game." which gave him some exposure but did not lead to immediate success.
The Commercial Breakthrough
During the late 1960s and early 1970s, Selleck began appearing in television commercials. His rugged good looks and charismatic presence made him a popular brand choice. He starred in advertisements for Pepsi-Cola, Revlon, and Close-Up toothpaste. These commercials provided financial stability and helped him gain visibility in the industry.
Struggling Actor in Hollywood
Despite his success in commercials. breaking into large acting roles remained a challenge for young Tom Selleck. He auditioned and took on small parts in T.V. shows and movies. Some of his early television appearances included roles in popular series like Lancer, The F.B.I., and Bracken's World. But, it would take a
240529_Teleprotection Global Market Report 2024.pdfMadhura TBRC
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As a film director, I have always been awestruck by the magic of animation. Animation, a medium once considered solely for the amusement of children, has undergone a significant transformation over the years. Its evolution from a rudimentary form of entertainment to a sophisticated form of storytelling has stirred my creativity and expanded my vision, offering limitless possibilities in the realm of cinematic storytelling.
Meet Dinah Mattingly – Larry Bird’s Partner in Life and Loveget joys
Get an intimate look at Dinah Mattingly’s life alongside NBA icon Larry Bird. From their humble beginnings to their life today, discover the love and partnership that have defined their relationship.
From the Editor's Desk: 115th Father's day Celebration - When we see Father's day in Hindu context, Nanda Baba is the most vivid figure which comes to the mind. Nanda Baba who was the foster father of Lord Krishna is known to provide love, care and affection to Lord Krishna and Balarama along with his wife Yashoda; Letter’s to the Editor: Mother's Day - Mother is a precious life for their children. Mother is life breath for her children. Mother's lap is the world happiness whose debt can never be paid.
From Slave to Scourge: The Existential Choice of Django Unchained. The Philos...Rodney Thomas Jr
#SSAPhilosophy #DjangoUnchained #DjangoFreeman #ExistentialPhilosophy #Freedom #Identity #Justice #Courage #Rebellion #Transformation
Welcome to SSA Philosophy, your ultimate destination for diving deep into the profound philosophies of iconic characters from video games, movies, and TV shows. In this episode, we explore the powerful journey and existential philosophy of Django Freeman from Quentin Tarantino’s masterful film, "Django Unchained," in our video titled, "From Slave to Scourge: The Existential Choice of Django Unchained. The Philosophy of Django Freeman!"
From Slave to Scourge: The Existential Choice of Django Unchained – The Philosophy of Django Freeman!
Join me as we delve into the existential philosophy of Django Freeman, uncovering the profound lessons and timeless wisdom his character offers. Through his story, we find inspiration in the power of choice, the quest for justice, and the courage to defy oppression. Django Freeman’s philosophy is a testament to the human spirit’s unyielding drive for freedom and justice.
Don’t forget to like, comment, and subscribe to SSA Philosophy for more in-depth explorations of the philosophies behind your favorite characters. Hit the notification bell to stay updated on our latest videos. Let’s discover the principles that shape these icons and the profound lessons they offer.
Django Freeman’s story is one of the most compelling narratives of transformation and empowerment in cinema. A former slave turned relentless bounty hunter, Django’s journey is not just a physical liberation but an existential quest for identity, justice, and retribution. This video delves into the core philosophical elements that define Django’s character and the profound choices he makes throughout his journey.
Link to video: https://youtu.be/GszqrXk38qk
Create a Seamless Viewing Experience with Your Own Custom OTT Player.pdfGenny Knight
As the popularity of online streaming continues to rise, the significance of providing outstanding viewing experiences cannot be emphasized enough. Tailored OTT players present a robust solution for service providers aiming to enhance their offerings and engage audiences in a competitive market. Through embracing customization, companies can craft immersive, individualized experiences that effectively hold viewers' attention, entertain them, and encourage repeat usage.
Maximizing Your Streaming Experience with XCIPTV- Tips for 2024.pdfXtreame HDTV
In today’s digital age, streaming services have become an integral part of our entertainment lives. Among the myriad of options available, XCIPTV stands out as a premier choice for those seeking seamless, high-quality streaming. This comprehensive guide will delve into the features, benefits, and user experience of XCIPTV, illustrating why it is a top contender in the IPTV industry.
Meet Crazyjamjam - A TikTok Sensation | Blog EternalBlog Eternal
Crazyjamjam, the TikTok star everyone's talking about! Uncover her secrets to success, viral trends, and more in this exclusive feature on Blog Eternal.
Source: https://blogeternal.com/celebrity/crazyjamjam-leaks/
Tom Selleck Net Worth: A Comprehensive Analysisgreendigital
Over several decades, Tom Selleck, a name synonymous with charisma. From his iconic role as Thomas Magnum in the television series "Magnum, P.I." to his enduring presence in "Blue Bloods," Selleck has captivated audiences with his versatility and charm. As a result, "Tom Selleck net worth" has become a topic of great interest among fans. and financial enthusiasts alike. This article delves deep into Tom Selleck's wealth, exploring his career, assets, endorsements. and business ventures that contribute to his impressive economic standing.
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Early Life and Career Beginnings
The Foundation of Tom Selleck's Wealth
Born on January 29, 1945, in Detroit, Michigan, Tom Selleck grew up in Sherman Oaks, California. His journey towards building a large net worth began with humble origins. , Selleck pursued a business administration degree at the University of Southern California (USC) on a basketball scholarship. But, his interest shifted towards acting. leading him to study at the Hills Playhouse under Milton Katselas.
Minor roles in television and films marked Selleck's early career. He appeared in commercials and took on small parts in T.V. series such as "The Dating Game" and "Lancer." These initial steps, although modest. laid the groundwork for his future success and the growth of Tom Selleck net worth. Breakthrough with "Magnum, P.I."
The Role that Defined Tom Selleck's Career
Tom Selleck's breakthrough came with the role of Thomas Magnum in the CBS television series "Magnum, P.I." (1980-1988). This role made him a household name and boosted his net worth. The series' popularity resulted in Selleck earning large salaries. leading to financial stability and increased recognition in Hollywood.
"Magnum P.I." garnered high ratings and critical acclaim during its run. Selleck's portrayal of the charming and resourceful private investigator resonated with audiences. making him one of the most beloved television actors of the 1980s. The success of "Magnum P.I." played a pivotal role in shaping Tom Selleck net worth, establishing him as a major star.
Film Career and Diversification
Expanding Tom Selleck's Financial Portfolio
While "Magnum, P.I." was a cornerstone of Selleck's career, he did not limit himself to television. He ventured into films, further enhancing Tom Selleck net worth. His filmography includes notable movies such as "Three Men and a Baby" (1987). which became the highest-grossing film of the year, and its sequel, "Three Men and a Little Lady" (1990). These box office successes contributed to his wealth.
Selleck's versatility allowed him to transition between genres. from comedies like "Mr. Baseball" (1992) to westerns such as "Quigley Down Under" (1990). This diversification showcased his acting range. and provided many income streams, reinforcing Tom Selleck net worth.
Television Resurgence with "Blue Bloods"
Sustaining Wealth through Consistent Success
In 2010, Tom Selleck began starring as Frank Reagan i
Experience the thrill of Progressive Puzzle Adventures, like Scavenger Hunt Games and Escape Room Activities combined Solve Treasure Hunt Puzzles online.
Scandal! Teasers June 2024 on etv Forum.co.zaIsaac More
Monday, 3 June 2024
Episode 47
A friend is compelled to expose a manipulative scheme to prevent another from making a grave mistake. In a frantic bid to save Jojo, Phakamile agrees to a meeting that unbeknownst to her, will seal her fate.
Tuesday, 4 June 2024
Episode 48
A mother, with her son's best interests at heart, finds him unready to heed her advice. Motshabi finds herself in an unmanageable situation, sinking fast like in quicksand.
Wednesday, 5 June 2024
Episode 49
A woman fabricates a diabolical lie to cover up an indiscretion. Overwhelmed by guilt, she makes a spontaneous confession that could be devastating to another heart.
Thursday, 6 June 2024
Episode 50
Linda unwittingly discloses damning information. Nhlamulo and Vuvu try to guide their friend towards the right decision.
Friday, 7 June 2024
Episode 51
Jojo's life continues to spiral out of control. Dintle weaves a web of lies to conceal that she is not as successful as everyone believes.
Monday, 10 June 2024
Episode 52
A heated confrontation between lovers leads to a devastating admission of guilt. Dintle's desperation takes a new turn, leaving her with dwindling options.
Tuesday, 11 June 2024
Episode 53
Unable to resort to violence, Taps issues a verbal threat, leaving Mdala unsettled. A sister must explain her life choices to regain her brother's trust.
Wednesday, 12 June 2024
Episode 54
Winnie makes a very troubling discovery. Taps follows through on his threat, leaving a woman reeling. Layla, oblivious to the truth, offers an incentive.
Thursday, 13 June 2024
Episode 55
A nosy relative arrives just in time to thwart a man's fatal decision. Dintle manipulates Khanyi to tug at Mo's heartstrings and get what she wants.
Friday, 14 June 2024
Episode 56
Tlhogi is shocked by Mdala's reaction following the revelation of their indiscretion. Jojo is in disbelief when the punishment for his crime is revealed.
Monday, 17 June 2024
Episode 57
A woman reprimands another to stay in her lane, leading to a damning revelation. A man decides to leave his broken life behind.
Tuesday, 18 June 2024
Episode 58
Nhlamulo learns that due to his actions, his worst fears have come true. Caiphus' extravagant promises to suppliers get him into trouble with Ndu.
Wednesday, 19 June 2024
Episode 59
A woman manages to kill two birds with one stone. Business doom looms over Chillax. A sobering incident makes a woman realize how far she's fallen.
Thursday, 20 June 2024
Episode 60
Taps' offer to help Nhlamulo comes with hidden motives. Caiphus' new ideas for Chillax have MaHilda excited. A blast from the past recognizes Dintle, not for her newfound fame.
Friday, 21 June 2024
Episode 61
Taps is hungry for revenge and finds a rope to hang Mdala with. Chillax's new job opportunity elicits mixed reactions from the public. Roommates' initial meeting starts off on the wrong foot.
Monday, 24 June 2024
Episode 62
Taps seizes new information and recruits someone on the inside. Mary's new job
In the vast landscape of cinema, stories have been told, retold, and reimagined in countless ways. At the heart of this narrative evolution lies the concept of a "remake". A successful remake allows us to revisit cherished tales through a fresh lens, often reflecting a different era's perspective or harnessing the power of advanced technology. Yet, the question remains, what makes a remake successful? Today, we will delve deeper into this subject, identifying the key ingredients that contribute to the success of a remake.
Panchayat Season 3 - Official Trailer.pdfSuleman Rana
The dearest series "Panchayat" is set to make a victorious return with its third season, and the fervor is discernible. The authority trailer, delivered on May 28, guarantees one more enamoring venture through the country heartland of India.
Jitendra Kumar keeps on sparkling as Abhishek Tripathi, the city-reared engineer who ends up functioning as the secretary of the Panchayat office in the curious town of Phulera. His nuanced depiction of a young fellow exploring the difficulties of country life while endeavoring to adjust to his new environmental factors has earned far and wide recognition.
Neena Gupta and Raghubir Yadav return as Manju Devi and Brij Bhushan Dubey, separately. Their dynamic science and immaculate acting rejuvenate the hardships of town administration. Gupta's depiction of the town Pradhan with an ever-evolving outlook, matched with Yadav's carefully prepared exhibition, adds profundity and credibility to the story.
New Difficulties and Experiences
The trailer indicates new difficulties anticipating the characters, as Abhishek keeps on wrestling with his part in the town and his yearnings for a superior future. The series has reliably offset humor with social editorial, and Season 3 looks ready to dig much more profound into the intricacies of rustic organization and self-awareness.
Watchers can hope to see a greater amount of the enchanting and particular residents who have become fan top picks. Their connections and the one of a kind cut of-life situations give a reviving and interesting portrayal of provincial India, featuring the two its appeal and its difficulties.
A Mix of Humor and Heart
One of the signs of "Panchayat" is its capacity to mix humor with sincere narrating. The trailer features minutes that guarantee to convey giggles, as well as scenes that pull at the heartstrings. This equilibrium has been a critical calculate the show's prosperity, resounding with crowds across different socioeconomics.
Creation Greatness
The creation quality remaining parts first rate, with the beautiful setting of Phulera town filling in as a scenery that upgrades the narrating. The meticulousness in portraying provincial life, joined with sharp composition and solid exhibitions, guarantees that "Panchayat" keeps on hanging out in the packed web series scene.
Expectation and Delivery
As the delivery date draws near, expectation for "Panchayat" Season 3 is at a record-breaking high. The authority trailer has previously created critical buzz, with fans enthusiastically anticipating the continuation of Abhishek Tripathi's excursion and the new undertakings that lie ahead in Phulera.
All in all, the authority trailer for "Panchayat" Season 3 recommends that watchers are in for another drawing in and engaging ride. Yet again with its charming characters, convincing story, and ideal mix of humor and show, the new season is set to enamor crowds. Write in your schedules and prepare to get back to the endearing universe of "Panchayat."
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2. • Largest seller of athletic apparel and footwear worldwide
• International performance for 2008:
• $18.6 billion total revenue
• $9.7 billion from athletic shoe sales (52% of total revenue)
• Accounts for 31% of the global market for footwear
• Total U.S. revenue in 2008: $6.4 billion
• Nike aims for 50% revenue increase over next 5 years, while
footwear industry is expected to increase 20%
• Key Competitors: Adidas-Reebok, Under Armour, Puma
3.
4. • 52% footwear, 28% apparel, 6% equipment, 14% other
• Footwear includes: running, cross training, basketball,
soccer, and sport inspired casual footwear like the Air Force
Ones
• Apparel includes: running shorts, t-shirts, and licensed
apparel (with logos of college and pro sports teams)
• Equipment: balls, protective equipment, golf clubs
5.
6. Use of Iconic “swoosh” Helps
Gain Global Market Saturation
7. • Nike accounts for 36% of the U.S. market for athletic footwear
• Key competitor: Adidas-Reebok
• U.S. market share of 8.9% prior to Reebok merger
• merged with Reebok in 2005
• 46% of their total sales comes from footwear in 2008
• Nike’s strength above competition lies in its ability to
differentiate and its popular brand image
8. • Nike is the industry leader in service and product differentiation
• Service differentiation
• Nike id 2001
• 109 customizable shoes
• ave price of Nike id Shox $120 vs regular Shox $120
• apparel and equipment customization
• Mi adidas 2009
• 17 customizable shoes
• ave price of Mi adidas Microbounce $140 vs Microbounce $100
• Adidas Mi Innovation Center Cube 2006
• Product Differentiation
• shoes designed specifically for a large variety of sports
• shoe technology and innovation
• Flywire technology and Lunar Foam Cushioning system
• Nike Frees and Nike Shox
• Nike Sports Research Lab
9.
10. • Marketing strategy
• targeting different audiences
vs
•Top 100 Global Brands of 2007
• Nike 30th overall with an increase of 9% from 2006
• Adidas 71st overall with and increase of 8% from 2006
11. • Creating customer recognition and brand loyalty
• Creating long-term shareholder value
• Keeping the Nike “swoosh” consistent
• Performance minded
• Adhere to their five brand principles namely:
inspire, innovate, focus, connect, and care
12. • Advertising
• Nike spent $2.8 billion, Adidas spent $1.8 billion in 2008
• print and commercials
• sporting venues and events
• Sponsorships
• of athletes
• of other celebrities
• of NCAA teams
• of professional teams
13. • Core competency: DIFFERENTIATION & BRANDING
• Valuable +/+
• neutralizes threats and exploits new opportunities
• Rare -/+
• common in shoe industry/ unique
• Costly-to-Imitate +/+
• based on positive relationships and developed over
time
• Nonsubstitutable +/+
• no strategic equivalent/ not found in competitors
14. • Current Nike Portfolio
• Converse
• Cole Haan
• Hurley International LLC
• NIKE Golf
• Umbro Ltd
• Exeter Brands Group LLC
• Nike Bauer Hockey
Over 130 Wholly-Owned
• Alliances Subsidiaries
• 2003 Nike Grind
• 2006 Nike + iPod
• 2006 Center of Excellence
• 2008 House of Hoops
• 2009 BICEP
Low level of related diversification with the dominant business
15.
16. • First movers advantage in E-commerce
• Brand recognition and reputation
• Strong control over its own distribution channel
• Use of outsourcing to cut manufacturing costs
• 900 factories, 50 countries, 600,060 employees
• Strong management team with good corporate
strategy in the U.S. and overseas
17. • Notable Board Members
Phil Knight – Cofounder and Chairman of the Board
Mark Parker – CEO of Nike
Alan Graf – also CFO of FedEx
Orin Smith – former President and CEO of Starbucks
John Thompson – former Georgetown basketball Coach
• 6 board committees oversee specific policies and procedures
• audit, Compensation, Corporate Responsibility,
Executive, Finance, and Nominating & Corporate
Governance
• Corporate Responsibility Committee
• established in 2001 to review significant policies and activities
regarding labor and environmental practices
18. • Gain a more positive global image, especially
regarding labor laws
• Pull back the extreme spending on endorsements
• Better management of their fashion shoe sector
• Gain a stronger presence in China
Editor's Notes
Travis$17.3 billion industry within the U.S. in 2007 Nike aims for 50% increase over next 5 yrs, while footwear industry is expected to increase 20%Company/Industry SlideNike athletic shoes: largest seller of athletic apparel and footwear worldwide Product market performance 2008: $18.6 billion total revenue, $9.7 billion from athletic shoe sales, which accounts for 52% of total revenue. Nike accounts for 31% of global market for footwear
Travis pass to jeffThis chart is prior to Under Armour entering the footwear market which they did in later 2006
Travis pass to Liz- Any synergies within the company among divisions ???***Company Divisions Slide52% footwear, 28% apparel, 6% equipment, 14% other Footwear includes: running, cross training, basketball, soccer, and sport inspired casual footwear like the Air Force Ones. Apparel includes: running shorts, t-shirts, and licensed apparel (with logos of college and pro sports teams). Equipment: balls, protective equipment, golf clubs Other: Nike Golf, Cole Haan, Hurley International, Umbro Inc. Our company’s division, footwear, is essential because it accounts for over half of the total revenue generated by the company. Here is the link. This site has some really good graphs for Nike as well as the entire industry. **http://www.wikinvest.com/stock/Nike_(NKE)segway into Nikki’s slide on competitors
Travis pass it to JeffPerformance line chart compared to competitors based on profit, revenue?? Here is the link. This site has some really good graphs for Nike as well as the entire industry. **http://www.wikinvest.com/stock/Nike_(NKE)*** possible performance graph compared to competitorsAdidas (net) profit of 551 million euros in 2007
Jeff pass to NikkiIntlUse of the iconic “Swoosh” to gain global market saturationHuman rights and child labor questions in Asia puts negative light on Nike in mid ‘90s Use of sponsorships contracts worldwide in a wide range of sports to take control of athletic footwear global market share Model of worldwide production without ownership of factoriesArizona-fake nike air jordans found $16 million, 135,000 pairs
NikkiKey competitor: Adidas-Reebok U.S. market share of 8.9% prior to Reebok merger as opposed to 36% by Nike merged with Reebok in 2005The two companies, which jockey for No. 2 and No. 3 slots behind Nike, view their prospects for competing against the Beaverton, Ore., behemoth asbetter together than apart. Nike had surpassed Adidas in Europe as the leading seller of soccer shoes. Reebok 12.2% 46% of their total sales comes from footwear vs Nike’s 52%____________________________________________________________________________________________________________________________________The U.S. ranks as the world's biggest athletic-shoe market, accounting for half of the $33 billion spent globally each year on athletic shoes. Nike’s strength above competition lies in its ability to differentiate and its popular brand image
Service DifferentiationBoth online services offered by Nike and AdidasNike id 2001 - more variety of color choices - can customize 109 different shoes AND can customize nike’s other products, including: apparel and equipment - ave price of Nike id shox $120 vs regular nikeshox $ 120Miadidas 2009 (shoes ONLY)- in some cases a customer can order a pair of shoes with each foot being a different size and the width can be customized for each foot - offer only 17 shoes designs that can be customized - adidas has exclusive rights partnership with the NBA, so you’re able to incise your favorite professional team’s emblem onto your creation. The brand offers about 12 NCAA emblems, too that Adidas exclusively sponsors - ave price of mi adidasmicrobounce $140 vsmicrobounce $ 100 Adidas in store cube 2006 - only in large flagship stores… mainly in Europe - provides more of an experience to the customer than an online customization program does - high use of technology - jogs on a computerized catwalk. Sensors embedded in the track can record the exact pressure on specific parts of the foot while running. This data, combined with the customer’sexact shoe size—measured with painstaking accuracy—is used to ensure a perfect fit. - price is $40-65 more expensive than buying a noncustomizable shoe __________________________________________________________________________________________________________Product Differentiation By using the Nike id service, the customer can create their personalized product. Nike makes shoes for football, basketball, running, combat sports, tennis, soccer, golf, cross training,skateboardingbaseball, cycling, volleyball, wrestling, cheerleading, aquatic activities, auto racing and other athletic and recreational uses. Compared to Adidas producing only for …_________________________________________________________________________________________________________________________________continued innovation (like its lightweight Flywire technology and its Lunar Foam cushioning system) “We believe that our research and development efforts are a key factor in our past and future success. Technical innovation in the design of footwear, apparel, and athletic equipment receive continued emphasis as NIKE strives to produce products that help to reduce injury, enhance athletic performance and maximize comfort.“***How much nike spends on innovation vsadidas innovation New flywire techA revolutionary technology, its high-strength threads work like cables on a suspension bridge with support engineered precisely where a foot needs it. Flywire allowed Nike to make its lightest and strongest footwear ever, transforming how footwear is engineered by reducing the amount of material required for the upper of a shoe to the bare minimum. Thanks to this innovation, track spikes with Flywire are now under 100g – a weight never before achieved – without compromising on durability or integrity and support. lunar foam cushioning systemLunar Foam, a material that was originally created by NASA, has been incorporated into a new cushioning system by Nike. Lunar Foam offers the most impact protection of any shoe on the market today. During initial testing, runners reported less fatigue and quicker recovery times after long runs.30% lighter than the next leading cushioning system, Phylon, which is also by Nike - nike free tech - 2004 Nike free first introduced - simulates barefoot running while wearing a shoe - allows the muscles in the foot to gain strength by providing less constriction -adidas has nothing comparable Shox introduced in 2000 - Nike claims not only absorb impact from heel strike while running; they also \"spring back\" and add more power to a runner's stride - A3 2002… adidas cubed cushioning system - 2006, Nikefiled a patent infringement suit against rival Adidas, claiming that a range of their trainers replicated its technologyShox were found to be “more refined, comfortable, lower-profile and more aggressive looking than the A3. However, functional wise, both technology were surprisingly similiar in terms of cushioning.”Nike Sports Research Lab, a 12,500-sq.-ft. facility packed with $1.5 million in equipmentstaff of 24 researchers, eight with Ph.D.s, develop the criteria for the product engineers who build the prototypes. When extra brainpower is needed for a project, the lab can turn to any of its six university research partners in Canada and Germany.rely upon specialists in the fields of biomechanics, exercise physiology, engineering, industrial design and related fields, as well as research committees and advisory boards made up of athletes, coaches, trainers, equipment managers, orthopedists, podiatrists and other experts to develop and test cutting edge performance products.***How much $$ does Nike spend on R&Dvsadidas??- Adidas spent 98 million Euros on research and development in 2006 - 63 million euros in 2005
Nikki Shoe in class example of nike id shox
Nikki pass to MonicaBrand awarenessUnlike its rival companies, Nike presents itself to many different audiences in different ways through different mediums. It's a marketing strategy born from a sophisticated understanding of how people respond to images of lifestyle. Also, a lot of Nike advertisements are seen on tv as commercials during sporting events or on sports channels. Adidas tends to stick to print media within sports magazines (Impossible is Nothing is their newst slogan) Nike offers something for everyone. They target different markets using different means while keeping the same nike “just do it” image.These 2 videos are examples of how they reach women vs males. They also differentiate their advertising on a sport by sport basis and over all lifestyle differences among their consumers. First movie: Maria Sharipova: directly targets women and empowers them as athletesSecond video: Tomlinson (AA)and Palamallu (somoan); directly targets men, aspiring athletes, and minority groups In the 2007 annual Interbrand/Business Week ranking of the Top 100 Global Brands, - The ranking, which measures the value of brands over the next five years based on sales and profit outlookUnlike its rival companies, Nike presents itself to many different audiences in different ways. It's a marketing strategy born from a sophisticated understanding of how people respond to images of lifestyle.
Monica pass back to nikkicreating customer recognition and loyalty; creating long-term shareholder valueNike shows passion for their company, products, and athletes. They are determined to provide consumers with comfort and assurance. They also find ways to innovate and create. They adhere to their five brand principles namely: inspire, innovate, focus, connect, and care.Keeping the Nike Swoosh conservative and consistent allows it to become a unifying device across channels such as TV, print or WebNike is performance minded. And wants to create as complete an experience as possible whether in a NikeTown store or on the Web.http://www.hypergene.net/ideas/nike.html
Nikki to Liz__________________________________________________________________________________________________________________________AdvertisingIn 2008, Nike spent $2.8 billion on advertising (including endorsements), 12.4% of revenue. Nike increased U.S. ad spending $702.9 million in 2007, according to Advertising Age estimates The increase was largely due to the Olympics, Nike's advertising expenses jumped 39% because of higher marketing efforts surrounding the Olympics.In 2008, adidas spent about $1.8 billion on advertising Nike has earned admiration from the advertising industry. Hugh Baillie, group business development manager at the advertising agency BBH said: \"Nike has set itself up as operating outside the establishment and is independent and slightly irreverent in its approach… Nikestill leads the way by its creation of an affinity for the famous \"swoosh\" label through events” Adidas is considered to be too glossy and commercial by Hugh BailliePrint and CommercialsAdidas focuses on print media, while nike focuses on the entertainment value its tv commercials bring to its consumers, while presenting the audience with its new marketing campaign or productSporting venues and eventsThe olympics 1996 Michael Johnson and his gold nike running cleats received a lot of attention 2008 Phelps and Bolt not sponsored by Nike and received the most press and attentionNike also sponsors events like Hoop It Up (high school basketball) and The Golden West Invitational (high school track and field). Nike uses web sites as a promotional tool to cover these events._____________________________________________________________________________________________________________________________SponsorshipsAccording to researchandmarkets.com/reports as of summer of 2008“purchasing choice is frequently determined by the sportsman or woman you admire, or the team that you follow and therefore the brand that you aspire to wear” Nike by far spends the most on endorsements.Athletes In 2006, Nike spent $476 million for endorsements by celebrity athletes, about 1/3 of the company's $1.7 billion advertising budget for that year. Money spent on endorsements has hit an all time high of $3.4 billion dollars as recent as march 2008Nike's first professional athlete endorser was Romanian tennis player IlieNăstase, and the company's first track endorser was distance running legend Steve Prefontaine. Prefontaine was the prized pupil of the company's co-founder Bill Bowerman while he coached at the University of Oregon. Besides Prefontaine, Nike has sponsored many other successful track & field athletes over the years such as Carl Lewis, Jackie Joyner-Kersee. signing of basketball player Michael Jordan in 1984. the success it had with Michael Jordan, the NBA superstar who helped the company virtually invent modern-day sports marketing. Although Jordan retired three years ago, Nike products that carry his brand still account for about 7% of sales.Nike's elite endorsers -- Tiger Woods, LeBron James, Michael Jordan, Ronaldinho, Maria Sharapova, and Lance Armstrong -- lend instant credibility to the Nike brand. Despite the occasional criticism, Nike has done an impressive job in scouting athletic talent. Woods has won five consecutive Professional Golf Association tournaments and 12 majors over the past decade. James is living up to the incredible hype that accompanied his jump from an Akron, Ohio, high school to the No. 1 pick in the 2003 NBA draft. And Maria Sharapova, who is paid $6 million a year by Nike, claimed her first U.S. Open tennis title earlier this month wearing a black Nike tennis dress.Four years ago, as the shoe giant launched its “Witness” campaign when James made the playoffs for the first time, he was so inspired by the theme that he had the word “Witness” tattooed on his right leg. So a Nike slogan, is now tatooed on an iconic basketball player. Nike is developing a promotional campaign out of one of James’ well-known moves. In the Christmas Day game of 2008 Nike will debut a “chalk” version of James’ signature shoe. It will feature — on the tongue of the shoe — a silhouette of his well-known ritual of tossing chalk or rosin into the air before games.““It is not just an endorsement deal. We feed off each other. If we think something will be hot or people can relate to it, we work on that.” –Lebron JamesNot only are these athletes walking billboards for Nike (literally with Lebron’statoo), the fact that they compete at such a high level, aspiring athletes associate Nike with their athletic ability and are persuaded to purchase Nike to be more like their mentors and idols. The 2008 Wimbledon tennis championship match between stars Roger Federer and Rafael Nadal, each cloaked in Nike, was in essence a five-hour Nike commercial. The sponsorship evaluation firm Joyce Julius & Associates estimated that the Nike Swoosh received 35 minutes of airtime during the riveting five-set match, valued at about $10.6 million -- more than three full-price Super Bowl ads at prices for this year's game. Just by sponsoring such high profile athletes,nike receives “free advertising” Other Celebrities NikeNike focuses more on its athletic shoe sector than specifically on its fashion shoes. Even though Nike doesn't do as much direct marketing to the urban market as its competitors, it is still a force with that audience. AdidasReebok and Adidas have been targeting NBA players and hip-hop artists for endorsements and product identity co-branding. Adidas-singer Missy Elliott, while Reebok-rap stars Jay-Z and Fifty-Cent. Adidas tends to use non athlete celebrities to endorse their fashion athletic shoes rather than their sport specific shoes. While Reebok and Adidas build product lines and marketing campaigns around rappers, Nike reaches out to the hip-hop world with deals smaller in scope but just as effective. Nike partners with designers and record labels for special-edition sneakers in its Air Force 1 and Dunks lines. For example, Hip-hop artist Nelly wrote a song about his Nike Air Force 1's that was not commissioned by Nike. So, Nike’s management of its fashion shoe sector is not a high priority compared to its athletic shoes. NCAA teamscollege athletics has become a major battleground. Sponsorship contracts place the companies’ logos on jerseys and provide exclusive rights to merchandise sales. Both Nike, Adidas and others are seeking colleges not necessarily with the most wins, but those with the most loyal fans for ex jersey sales.In 1994, the University of Michigan signed a sponsorship contract with Nike that was nearly unprecedented at the time. Even though their products surfaced in every part of college sports, the athletic footwear and apparel companies hadn't yet officially joined hands with college sports teams. Nike sponsors about 83 collegiate teams. \"I don't think the customer base is buying because of who wins games,\" said Paul Swangard, managing director of the Warsaw Sports Marketing Center at the University of Oregon. \"They're buying because of loyalty. So, you don't want the school with the most wins, you want the school with the most fans.“Example of logo exposure and evidence that Nike targets good teams, as well as teams with a lot of fans Of the 8 colleges represented at the elite 8, 7 teams were sponsored by Nike, while only one was sponsored by adidas (louisville) The on- and off-campus fans remain some of the most passionate throughout sports, so Nike wants to capture the fan favorite teams. Not only do they capture fans early, athletes that attend schools sponsored by Nike for example, get used to training and competing in that gear and become accustomed to using that brand. Being an athlete at Mizzou, I came into college being a huge adidas fan and at first resisted nike. Then I received a lot of nike dry fit and shox and I turned to Nike and now ONLY buy nike sports products, especially nikeathetlic shoes. Professional teamsGoes hand and hand with sponsoring pro athletes. Consumers will purchase Nike products because their favorite team is sponsored by them or they want to embody the athletic capabilities of the pro team by wearing what the pros wear. Reebok sponsors NFLNike signed a five-year agreement with Major League Baseball, beginning in the spring, to become the official supplier to all 30 teams of performance apparel to be worn under uniforms_______________________________________________________________________________________________________________________In response to a questioning “is it worth spending so much on advertising and endorsements?”Nike President Charlie Denson replied, “You know one of the cornerstones of this brand has always been our ability to show up, I guess is the way to say it, on the field of play. And what it does from a credibility standpoint and authenticity standpoint, and even an exposure and marketing standpoint has always been a point of debate since Phil [Knight, Nike’s founder] and I gave the first pair of shoes away. So we continue to believe in it. We continue to see the benefits of it.”
Liz pass to DanielleThink we need to re-do this slide… info on slide kind of negates what we have just said on the differentiation slide Internal analysis frameworkOur company/line of business is very good at:Our capability/core competence is:BrandingThis is VRIN (or not) because…+ Valuable: Neutralizes threats & exploits new opportunities- Rare: Branding common in shoe industry+ Costly-to-Imitate: Developed over time, based on + relationships+ Nonsubstitutable: No strategic equivalent
Danielle pass it on to JeffCurrent Nike Portfolio *Converse *Cole Haan *Hurley International LLC *NIKE Golf *Umbro Ltd Low level of related diversification with the dominant business
Danielle to JeffMergers and alliances examples
Jeff (KS: outsourcing a form of alliance, if a long term or contract deal. Do these help the VRIN? If so they can probably go there to support that—eg why is control important? It’s probably costly. If they are a differentation co, why are costs so important?)Outsourcing & Value ChainStrong management team and good corporate strategy in both North American and overseas marketsFirst movers advantage in e-commerceStrong control over its own distribution channelBrand recognition and reputationUse of outsourcing to cut manufacturing costs
SamCorporate governanceManagement of the company is very strong. Mark Parker has been CEO for the last 3 years and has been with the company since 1979. The president is Charlie Denson, another long time Nike employer. Don Blair is the CFO. He has been with Nike since 1999, and previously worked for Pepsi (PEP). Co-founder Phil Knight is the Chairman of Board and the company’s largest shareholder. All of these men are immersed in the Nike culture and understand the importance of building the brand.__________________________________________________________________________________Slide 1 = Corporate GovernanceBoard composed of 10 members8 independent non-managementNotable Board MembersPhil Knight – Cofounder and Chairman of the BoardMark Parker – CEO of NikeAlan Graf – also CFO of FedExOrin Smith – former President and CEO of StarbucksAlso on Washington Mutual and Disney boardsJohn Thompson – former Georgetown basketball CoachSlide 2 = Board Committees6 board committees oversee specific policies and proceduresAudit, Compensation, Corporate Responsibility, Executive, Finance, and Nominating & Corporate GovernanceBoard is self-evaluated by Nominating and Corporate GovernanceAlso oversees election of board members and board compensationCompensation Committee responsible for performance evaluation of CEOSlide 3 = Corporate Responsibility CommitteeEstablished in 2001 to review significant policies and activities regarding labor and environmental practicesExecutive team attends meetingsCreated code of ethics called Inside the LinesFor actual Nike employeesCode of ConductCovers contractors who manufacture Nike Branded Products
Better management of their fashion shoe sector Pull back the extreme spending on endorsements Gain a stronger presence in China Gain a more positive global image, especially regarding labor laws