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What type of competition does Nike represent in the market place?
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∙ 11y ago
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What is the domestic marketing strategy for Nike?
Domestic marketing of NIKE is more in U.S.A where a large number of NIKE’s products are sold. NIKE is profiting from the lucrative NBA in the U.S.A. NIKE partnered with NBA stars such as Micheal Jordan and LeBron James in 2005 to create a “niche” for its product in the local market. NIKE continues to do this even with world class Tiger Woods, fully kitted by NIKE in all his outings in US and outside US. NIKE also makes takes advantage of the “keep fit” mentality of women in U.S.A to market its product by promoting adverts that they are being empowered for keeping fit. NIKE sells its product to over 25000 retailers in U.S.A. However, the competition has not been easy with hyper-competition from Adidas and Reeboks and others. The economic recession too is posing a tough challenge for NIKE.
What are the market segmentation of Nike?
Nike's typical target market is athletes, but specifically male athletes generally between the ages of 15 - 35.
How and where does nike company market their product?
in japan
What is the vision and mission of Nike company?
"To experience the emotion of competition, winning and crushing competitors."
Who is target market for the Nike LeBron X?
living human
What is a definition and Example of competition?
When business are marketing and selling a similar product or service. The business would have shares of the same market. Two classic examples of competition: Coke v Pepsi and Nike v Addidas
What is the domestic marketing strategy for Nike?
Domestic marketing of NIKE is more in U.S.A where a large number of NIKE’s products are sold. NIKE is profiting from the lucrative NBA in the U.S.A. NIKE partnered with NBA stars such as Micheal Jordan and LeBron James in 2005 to create a “niche” for its product in the local market. NIKE continues to do this even with world class Tiger Woods, fully kitted by NIKE in all his outings in US and outside US. NIKE also makes takes advantage of the “keep fit” mentality of women in U.S.A to market its product by promoting adverts that they are being empowered for keeping fit. NIKE sells its product to over 25000 retailers in U.S.A. However, the competition has not been easy with hyper-competition from Adidas and Reeboks and others. The economic recession too is posing a tough challenge for NIKE.
What did Nike represent?
Shoes and clothes
What makes Nike is different from their competition?
Nike would be better if they didnt use child labor.
How old do you have to be to become a nike ambassador?
nike selects really interested and committed athletes to represent them.
What does the Nike logo mean?
the Nike logo represent the wing of the goddess Nike. she was goddess of victory and was used by Nike in the context that if people wore their shoes they would be victorious.
What are the market segmentation of Nike?
Nike's typical target market is athletes, but specifically male athletes generally between the ages of 15 - 35.
Nike target market?
for girls for girls
How and where does nike company market their product?
in japan
Who is Nike's secondary target market?
sporting fans
What production takes place at Nike's HQ?
The production of sportswear and equipment takes place at the Nike HQ
Which food would best represent theGreek goddess Nike?
there is none
