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Weber, Zachary Ye, Chujun Gower, Kerryn
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NIKE Mission Statement: To bring inspiration and innovation to every athlete* in the world. *“If you have a body, you are an athlete.”
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History One of the only two Fortune 500 companies headquartered in Oregon For 2012 revenues exceed $24.1 billion Employed more than 44,000 people worldwide The Name!! --- brand value alone worthies $10.7 billion --- most valuable brand among sports business
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Store Layout Similar experience in every store Rio de Janeiro, Brazil
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Store Layout Employees with passion/helpful --- professional stuff, you may need help
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Store Layout Bright, clear, well labeled
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Good At Using aspirational groups http://www.youtube.com/watch?v=lZA-57h64kE http://www.youtube.com/watch?v=lZA-57h64kE Wearing NIKE makes you a SUPER STAR!
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Financials Period ending May 31 st 2013 Total Revenue=25.313 Billion Gross Income=10.93 Billion Stock Price= $75.07, close on 2/17/14
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Strengths Strong global brand “Swoosh” instantly recognizable Well known athletes endorse Nike Nike has managed to find ways to innovate their products and to provide a range for various different price points to cater for different demographics Strong research and development Nike doesn’t own any factories
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Weaknesses Because the brand is so strong, the company can be seen as exploitative and greedy Expensive supply chain Price sensitive retailers push for a lower wholesale price in order to keep lower prices for their customers, which lowers profits for nike
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Opportunities Technology advancements (Fuel bands along with xbox Kinect) Streamline the naming of some products so customers know the difference (example: just within the Nike Free category, there is Freerun 3.0, Freerun 5.0, Freerun+ 2ID, FlyKnit, FlyKnit Lunar1 +ID subcategories) Being a “fashion brand” rather than a “sport brand” Expanding more into emerging markets Global marketing opportunities such as sponsoring the World Cup or the Olympics
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Threats Competitive market Consumers want deals Currency fluctuations; overseas profits can turn into a loss Problems with factories in underdeveloped locations (bad working condition, poor pay)
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SOURCES http://help-en-us.nike.com/app/answers/detail/a_id/113/p/3897 http://help-en-us.nike.com/app/answers/detail/a_id/113/p/3897 http://en.wikipedia.org/wiki/Nike,_Inc. http://en.wikipedia.org/wiki/Nike,_Inc. http://www.youtube.com/watch?v=lZA-57h64kE http://www.youtube.com/watch?v=lZA-57h64kE http://www.google.com/finance?q=NYSE%3ANKE&fstype=ii&ei=6KgCU8ClMtOziAKHKQ http://www.google.com/finance?q=NYSE%3ANKE&fstype=ii&ei=6KgCU8ClMtOziAKHKQ http://techanalysisblogger.wordpress.com/2013/09/19/nike-swot-analysis/ http://techanalysisblogger.wordpress.com/2013/09/19/nike-swot-analysis/ http://www.marketingteacher.com/swot/nike-swot.html http://www.marketingteacher.com/swot/nike-swot.html http://blog.joinsessions.com/wp-content/uploads/2013/08/Nike-%2B-FuelBand-2.jpg http://blog.joinsessions.com/wp-content/uploads/2013/08/Nike-%2B-FuelBand-2.jpg https://encrypted- tbn1.gstatic.com/images?q=tbn:ANd9GcSnqFGe2ZcqW1ivKek0VinMr2C1Q31D3O6LlS5Wc3I- eQsHdoC8pw https://encrypted- tbn1.gstatic.com/images?q=tbn:ANd9GcSnqFGe2ZcqW1ivKek0VinMr2C1Q31D3O6LlS5Wc3I- eQsHdoC8pw http://1.bp.blogspot.com/_M_OP_SYO_2Y/SqBJ- MmCp4I/AAAAAAAAADA/Hz4pj8odLKs/s1600/nike%2Bvs%2Badidas.jpg http://1.bp.blogspot.com/_M_OP_SYO_2Y/SqBJ- MmCp4I/AAAAAAAAADA/Hz4pj8odLKs/s1600/nike%2Bvs%2Badidas.jpg http://nikeinc.com/news/nike-opens-its-first-brand-experience-store-in-latin-america http://nikeinc.com/news/nike-opens-its-first-brand-experience-store-in-latin-america
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