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1、-NIKE-NIKE-Just do it-NIKE-Just do itContentsWhat is NikeNikes market segmentation Choosing target marketsMarket positioningCompare with Adidas- What is NikeNike is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered near Beaverton, Oreg
2、on, which is part of the Portland metropolitan area. It is the worlds leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$18.6 billion in its fiscal year 2008 (ending May 31, 2008). As of 2008, it employed more than 30,000 people
3、worldwide. Nike and Precision Castparts are the only Fortune 500 companies headquartered in the state of Oregon, according to The Oregonian.Nike LOGOWhat is Nike- Nikes market segmentation*AgeMarket Segmentation*Profession*IncomeMarket Segmentation - AgeUnder eighteen years oldEighteen to twenty-fiv
4、eTwenty-six to thirty-fiveThirty-five years old or older3.7%85.19%9.26%1.85%What? From the pie chart, we can know that Nike position the mainly market in young people who are 18 to 25 years old. Young people like doing sports. They chase after fashion and have strong sense of identity brands. At the
5、 same time, Nike focus their consumers on the white-collar level which have stable incomes. It is necessary for them to lead a high-quality life, so that they are eager to doing exercises as well. Market Segmentation - AgeUnder eighteen years old3.7%Eighteen to twenty-five85.19%Twenty-six to thirty-
6、five9.26%Thirty-five years old or older1.85%Nikes products are geared to all the necessaries of customers. With the improvement of peoples living standard, doing physical exercises has become a trend of lifestyle. So Nike seizes the opportunity and introducing a variety of products in different pric
7、es in order to meet all the exercise enthusiast.Market Segmentation- IncomeNike divides the professions into Student, Free-lancer, Office-worker, Teachers and others. There is no doubt that Nike doesnt rigidly adhere to a certain range. They design all kinds of products with different characteristic
8、s for sports enthusiasts. No matter you are the most professional athletes who participate Olympics, or you are just a student who like doing sports. You can find a suitable “NIKE” for you. - ProfessionMarket SegmentationIn short, Nikes potential customers are the young people who are engaged in spo
9、rts, fashion and the white-collar with high income. All of them like doing sports and they are focus on the products appearance and performance requirements.Market Segmentation- Choosing target marketsChoosing target marketsEvaluating the market segmentsStrategy to select target market segmentsYoung
10、 people: nowadays, with the improvement of peoples living standards around the world, adolescents have more disposable cash on hand. Whats more, affected by the new concept of life, the youths consumer attitudes become more open. Therefore, the young group has a strong spending power, which is one o
11、f the appealing markets that many businesses want to enter. Young people are energetic and easy affected by different thoughts and actions. They pursue strength and desire to achieve outstanding performance in a particular sport. So, Sports products of high-performance and high comfort will be a mag
12、ic weapon to win the youth market.Meanwhile, young people attach importance to Well-designed style and beautiful design, so, how to design a variety of trend-setting products Ingenuity must be considered seriously.Choosing target markets - Evaluating the market segmentsThe middle-aged: with the impr
13、ovement of living standards, after resolving the food and clothing problem, people pay more attention to live a healthier lifestyle. Physical exercise, a very effective way to enhance physical fitness, and improve health, plays a more important role in peoples daily life. Therefore, strengthening ph
14、ysical exercise has become a trend widely.After the busy work, in their spare time, people like to do some moderate-intensity exercise to maintain good health. Manufacturers should focus on this new lifestyle. - Evaluating the market segmentsChoosing target marketsUndifferentiated Marketing Strategy
15、For some classic products, Nike uses Undifferentiated Marketing Strategy. For example, the Cortez shoes once appeared in Forrest Gump and the air force 1 shoes, etc. Such shoes have had a significant influence worldwide and have even developed into a cultural phenomenon, just like Coca-Cola changing
16、 the formula; it is not suitable for radical transformation. Nike maintains a production of such classic shoes annually, and on this basis, to make a partial revision of the new technology, and then as a supplemental listing. Different color, a special version of the classic shoes comes out one afte
17、r another, which attract old customers to patronize continually. - Strategy to select target market segmentsChoosing target marketsDifferentiated Marketing StrategyThere is no doubt that Nike is the best manufacturer in the field of sporting goods. Nike cover almost all sports areas of expertise, an
18、d even in the unpopular gymnastics, Nike also successfully launched the first gymnast shoes in 2008.Besides, In the most popular areas such as the football, basketball, running, Nike introduce new products no less than ten thousand annually ,which is almost suitable for all populations perfectly. -
19、Strategy to select target market segmentsChoosing target markets- Market positioning The strategies of market positioningThe steps of market positioningMarket positioning Analysis of the status of the target market, to confirm the potential competitive advantage of the enterprise - The steps of mark
20、et positioningMarket positioningIn contrast, business competitors, product quality, though not as Nike, and its ability to grow in the future can not be denied. Anta Xtep market share in low-end products is also very high, Anta be among other sports brand in the Chinese market, Adidas, Li Ning, Jord
21、an, Anta, Xtep, etc., are direct competitors of Nike. Go to another piece of Nikes broad market instead of other brands, will be developed. - The steps of market positioningMarket positioning Accurately select competitive advantage, the initial position of the target marketenterprise core competitiv
22、e advantage positioning, Nike advantage of scientific and technological research and development, brand awareness. - The steps of market positioningMarket positioning Display a unique competitive advantage and repositioning to develop a strategy to play a central competitive advantage. Own advantage
23、s, Nike main scientific and technological content of the promotional products, product quality, and comfort, and the superstar strategy to strengthen product promotion, and achieved good results.Market positioning - The steps of market positioningproduct differentiation strategy: Nike also intend to
24、 in the future to further refine the product market. NIKE ID launched in 2008, such as business, consumer business by way of online self-designed, can design their favorite color, style, special mark, which provides more freedom of choice for consumers. - The strategies of market positioningMarket p
25、ositioning Image differentiation strategy: an image representative of all the world, Nike is one of the signs around the world most people recognize. To understand Nikes success with the corporate culture for its understanding of the signs is essential, because it is the Nike brand becomes ubiquitou
26、s a commercial logo. Too well-known that in the Nike ad I saw to the Nike logo, and do not see the name of the company, because they have a full grasp of people see this symbol that know this is Nike, need not occur only word piece language. It became a cultural icon, a Nike used to increase brand v
27、alue, visibility, as well as the status of icons. - The strategies of market positioningMarket positioning-NIKE VS ADIDASCompare with AdidasMarket Segmentation Selection of target marketmarket positioning Compare with Adidas - Market Segmentation Nike and Adi market segmentation is mainly according
28、to geographic subdivision, population subdivision and mental breakdown to differentiate the target market, to achieve the enterprise s marketing objectives. Compare with Adidas - Market Segmentation Population subdivision For population subdivision, Nike and adidas shoes facing the population age is
29、 defined in an adolescent, adidas shoes more masculine gender, male shoe is very much, style and more full, product classification is very wide, and two brands in this Asian country with the largest population of population subdivision, will be more of interest. Compare with Adidas - Market Segmenta
30、tion The age breakdown Adidas Nike shoes and the shoes on family income, subdivided into medium income and higher income, because the two brand shoes price is only suitable for the two income subdivision, low income for the two brands and does not demand the.Compare with Adidas - Market Segmentation
31、 Occupation segmentation Nike and adidas shoes shoes according to consumer lifestyle, personality to segmenting consumer markets. So the two brands to consumers occupation segmentation, according to the different consumer, consumer has sports, fashion and demand factors, so consumers focus more on s
32、tudents, free workers and staff - Selection of target marketCompare with AdidasFor Nike shoes target market focused on basketball market, and to determine the scope of the design of youth, nike shoes to compare the color bright, sleek compact shape, very popular with university girls love, and the price of the broad customer consumption makes a wide range of. Therefore, Nike target market selection direction is correct.and adidas shoes marketing executive Eric Liedtke pointed out: Adidas designer in the design of sports shoes, do not know the potential buyers who are. No
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