Marketing Analysis
How NikeID Strengthens and Accentuates the Global Nike Brand
Nike is considered the leading provider of athletic wear, shoes and equipment globally, and is perennially also listed as one of the top fifty most valuable brands in the world. Its supply chain spans over 52 nations and over 80% of its products are produced in Asian nations where product uniformity and lack of variation is essential to achieve production efficiency (Nike Investor Relations, 2013). As of today Nike operates production centers in 42 nations, has 774 direct and contract factories in production, and over 1 million workers who are both direct employees and those of contractors (Nike Investor Relations, 2013). Nike has had to build a production network to this scale to support the many product liens they sell today. The company's marketing has concentrated on aligning their iconic brand with providing customers with the athletic apparel they need to excel in their chosen sports and leisure activities. What's been missing from their brand messaging is the opportunity for the customer to participate in defining their own experience and product. Nike's iconic brand can support selling millions of shoes a year yet didn't fully deliver on the possibility of creating greater customer loyalty through the purchasing and product use experiences (Deng, 2009). To hold on and grow their most profitable customers, Nike had to deliver a more effective online experience than just a typical website. The answer to this challenge was creating the NikeID product strategy and website which provides Nike customers with the opportunity to create highly customized, build-to-order shoes to meet their exacting requirements. NikeID is managed as a separate business complete with its own analytics and dashboards (Nike Investor Relations, 2013).
NikeID...
Figure 2: Using the BCG Growth/Share Matrix To Evaluate Eleftria Market Opportunities Star Products Question Marks Cash Cows Dogs Source: (Anantachart, 2004) 3.3 e-retailing metrics The e-retailing objectives for Eleftria Athletic shoes and their plans for attaining them are defined here. The first objective is to create an e-retailing strategy that capitalizes on multi-channel management, meaning that e-retailing site will be accessible over the Web, through specialized interfaces on Blackberries and PDAs, and also will have telephone ordering
The effectiveness of promotional strategies is highly dependent on their ability to resonate and be relevant to the target audiences over time (Reference). This is the basis of the research being undertaken; to determine which promotional tools and strategies are the most effective in attracting, training and retaining the most talented and motivated volunteers for the London 2012 Olympic Games. The following are the aims and objectives of this analysis.
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