

Nike came up with an slogan "Just Do It". The slogan found in 1988 at the agency ad meeting. The "Just Do It" campaign allowed Nike to further increase its share of the domestic sport-shoe business from 18% to 43%, (from SEK 6109.40 million to SEK 64.09 billion in worldwide sales) from 1988 and 1998.[3] In many Nike-related situations.(http://en.wikipedia.org/wiki/Just_Do_It_(Nike))
The greatest threat for Nike is the inevitable stiff competition from other sports brand, especially Adidas. For a company to succeed in competition there is a continuous need to develop new products with higher quality than its competitors. Competitors like Adidas, Puma, Reebok, Under Armor, Lotto, and alternative brands to take away Nike market share. They compete Nike with in Product design, quality, technology, advertising, and competition price. NIKE’s advantages over their competitors can be summed up
using one strategy, differentiation strategy. This requires their firm to create something about their product or service that is perceived as unique throughout the industry. This can be accomplished by many strategies such as, their warranties, brand image, technology, features, services, quality/ value and more. By always being aware of where new revenue streams will pop up is a big advantage in their industry because the first to patent a new style or product will be the company that sticks in the minds of their customers.
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