Nike is the world's largest athletic footwear and apparel company known for its swoosh logo. Founded in 1962 as Blue Ribbon Sports and later renamed Nike in 1972, the company uses innovative marketing strategies centered around brand image, sponsorship of athletes, and premium pricing to dominate the global sportswear market. After initially focusing on running shoes, Nike expanded into tennis, basketball, and other sports, signing iconic athletes like Michael Jordan to help promote its products. In recent decades, Nike has increased its focus on international growth, particularly in cricket-obsessed India and soccer-driven Brazil.
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Nike is the world's largest athletic footwear and apparel company known for its swoosh logo. Founded in 1962 as Blue Ribbon Sports and later renamed Nike in 1972, the company uses innovative marketing strategies centered around brand image, sponsorship of athletes, and premium pricing to dominate the global sportswear market. After initially focusing on running shoes, Nike expanded into tennis, basketball, and other sports, signing iconic athletes like Michael Jordan to help promote its products. In recent decades, Nike has increased its focus on international growth, particularly in cricket-obsessed India and soccer-driven Brazil.
Nike is the world's largest athletic footwear and apparel company known for its swoosh logo. Founded in 1962 as Blue Ribbon Sports and later renamed Nike in 1972, the company uses innovative marketing strategies centered around brand image, sponsorship of athletes, and premium pricing to dominate the global sportswear market. After initially focusing on running shoes, Nike expanded into tennis, basketball, and other sports, signing iconic athletes like Michael Jordan to help promote its products. In recent decades, Nike has increased its focus on international growth, particularly in cricket-obsessed India and soccer-driven Brazil.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
Nike is the world's largest athletic footwear and apparel company known for its swoosh logo. Founded in 1962 as Blue Ribbon Sports and later renamed Nike in 1972, the company uses innovative marketing strategies centered around brand image, sponsorship of athletes, and premium pricing to dominate the global sportswear market. After initially focusing on running shoes, Nike expanded into tennis, basketball, and other sports, signing iconic athletes like Michael Jordan to help promote its products. In recent decades, Nike has increased its focus on international growth, particularly in cricket-obsessed India and soccer-driven Brazil.
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World’s No.
1 manufacturer and marketer of athletic footwear and
apparel.
Nike stands for Success, excellence, high performance, fame, etc.
NI-KEY is the winged goddess of victory.
Founded in 1962.
Originally started as Blue Ribbon Sports.
In 1972 changed the name as NIKE.
As famous as a coke bottle
Symbolize not just sports culture, but also street culture
Created by Caroline Davidson in 1971
Represents the wing of the Greek Goddess NIKE
In spring of 1972, the first shoe with the NIKE SWOOSH was introduced Made Nike stand out like no other company.
Represents Nike’s can do attitude
Coined in 1988 by Nike’s ad agency Wieden and Kennedy and a
group of Nike employees
Nike continues to lure customers with a marketing strategy centering
around a brand image which is attained by the distinctive logo and advertising slogan Nike is the world's #89 advertiser .
Using innovative advertisements that are dramatic, unusual, etc.
Promotes its products by sponsorship agreements.
Used premiere athletes to help promote its products.
Promotes itself as a premium-brand.
Able to price its products higher than its competitors
Deep-rooted desire for cultural inclusiveness and individual athletic accomplishment.
Nike appeals to disparate elements of Americans'
personalities. Started off with Steve Prefontaine in the 60’s wearing Nike running shoes.
In early eighties Nike was endorsed by Magic Johnson and Larry
Bird. In 1985 Michael Jordan came to the company.
Introduced the ‘Air Jordan’ shoe.
One of the most lucrative sports for Nike is tennis.
Has been major sponsorer for leading tennis
players.
They include Pete Sampras, Serena Williams,
Roger Federer, Andrew Agassi. Has been present in India for over a decade.
Till recently, India didn't
really figure in the company's marketing and promotion activities. India is a cricket crazy nation.
Nike now understood the importance of cricket.
In December 2005, it tied up with coaching
schools like the BCCI's National Cricket Academy.
Nike now became the official kit sponsorer of
Indian cricket team. Nike wrested the rights to become the official kit sponsor for the Indian cricket team for the next five years.
It paid Rs 196 crore (Rs 1.96 billion) to
the Board of Control for Cricket in India for the privilege. The first "Just Do It" cricket ad also made its appearance during the Champions Trophy. "We want to look at what drives the passion for cricket in India. We aim to connect emotionally with our customers,"
------------------Sanjay Gangopadhyay, marketing
director, Nike India. Nike is targeting young people in India.
Paying attention to other popular games in India.
Partnership with the All India Football Federation in March
2006.
Signed on India's leading football star Bhaichung Bhutia
Entered into a deal with Bhupathi Tennis Academy
Brazil leading soccer nation
Nike is not very strong in football
market.
Nike mostly concentrated on football to
promote its products. Sponsoring Brazil national team.
The national shirt becomes a Nike
promotion.
Brand ambassador Ronaldo.
With the help of Google Nike created
social networking site for football. joga.com. Amzad Pasha Sirisha Sri Teja