Principles to Marketing
Section 6
Nike’s Branding Power The Nike “Swoosh” has become one of the most recognized branding symbols in the world. According to Forbes, Nike and the “Swoosh” is ranked 24th in the world with an astounding brand value at $18.2 billion. The brand’s revenue is listed at an incredible $23.7 billion. The company wasn’t even in existence until 1972, so how is it possible that a start-up company dominate the industry and soon become such a positive marketing role model? Nike’s story explains it all. Bill Bowerman, a higly respected track coach at the University of Oregon, and Phil Knight, a middle-distance runner and Oregon graduate, decided to start their own business in 1964 selling running (Tiger) shoes at their new shop, Blue Ribbon Sports. The two began ripping the shoes apart to see how they could make the shoes lighter, more durable, and all around better. After 5 years of success, Johnson began creating new ideas for their own product line. In 1971, Johnson knew that they needed a brand name that carried meaning for company and the consumers – thus Nike was born. “In Greek mythology Nike is known as “Victory” by a goddess who personified victory, also known as the Winged Goddess of Victory.” Carolyn Davidson, a graphic design student at Portland State University, then later created the “Swoosh”, which she was paid $35 to develop. The brand’s personality started to grow once Nike decided that they needed a face behind the logo,
Reebok Realflex | By The Breezers: Mannan Wu Abbey Barnes Chase Carraro Mohammed Baamer Deborah Dani Dylan By The Breezers: Mannan Wu Abbey Barnes Chase Carraro Mohammed Baamer Deborah Dani Dylan Final Marketing Plan | Professor Quinlan-Wilder November 16, 2011 Marketing 2800 Professor Quinlan-Wilder November 16, 2011 Marketing 2800 | | Executive Summary Reebok prides itself on creating products to enhance athletic ability. Upon formation of the company, Reebok…
decisions – all the lines that a seller offers (length and depth) a. BMW company has BMW and Mini Cooper – different target markets DECISION 1: Product Decisions Product and Service Decisions (described in depth below) -product attributes -branding -packaging (important! Think of Tiffany’s, Apple, etc.) -labeling (ex- food labels are now required) -support services Quality (2 dimensions) -quality level = ability to perform its functions (and support positioning!) -ex) if we say it can…
Corporate Governance: The international journal of business in society Managing legitimacy issues in global supply chains: the case of the athletic footwear industry André Nijhof Dai Forterre Ronald Jeurissen Article information: To cite this document: André Nijhof Dai Forterre Ronald Jeurissen, (2008),"Managing legitimacy issues in global supply chains: the case of the athletic footwear industry", Corporate Governance: The international journal of business in society, Vol. 8 Iss 4 pp. 506 - 517…
VS 1 A COMPARITIVE ANALYSIS OF MARKETING STRATERGIES FOLLOWED BY NIKE AND ADIDAS TEAM MEMBERS ANUPAMA VENU CLAES JOTORP DEEPAK TUSHIR GUSTAV TENERZ SAIRAM KRISHNAN SANJAY SHARMA SUNANDA SURESH 09014 09126 09032 09128 09088 09090 09112 2 INDEX 1. INTRODUCTION 1.1. BRIEF ANALYSIS OF INDUSTRY 1.2. BRIEF DEFINITON OF INDUSTRY 1.2.1.TRENDS IN THE INDUSTRY 1.2.2.MARKET ANALYSIS 1.2.3.MAJOR PLAYERS AND MARKET SHARES 1.3. MAJOR FORCES SHAPING THE INDUSTRY 1.3…