Monday, January 6, 2020
Report on the Case Study Nike Essay - 1485 Words
Report on the Case Study Nike This report has been produced to provide an insight into the consumer decision-making process, buyer behaviour factors that consumers of Nike are influenced by. The report also details recommendations based on the findings. 2.0 Summary =========== The report is about Nike, regarding the case study. The report elaborates on the aspects including buyer behaviour, brand image, consumer decision making, and marketing research techniques applicable to Nike. 3.0 Introduction Nike is the worlds number one sports shoe company. In the US Nike dominates 35% (source: see appendices) of the sports shoe market and its products are sold in more than 140â⬠¦show more contentâ⬠¦4.3 Extended Problem Solving This decision making process would be apparent on consumers whos purpose for purchasing a Nike product is controlled by whether or not it suits their needs. This type of consumer would not be as concerned with branding, but whether it meets their requirements. The making process would be longer. 4.4 Routine Problem Solving Nikes prominent and continuous advertising campaigns ensure that consumers in the youth market are aware of the brand, as greater awareness inevitably leads to greater sales. Once these sales are secures by consumers in the youth market their interest is maintained by further advertising, which leads to repeat purchase. 4.5 Variety Seeking Behaviour Although Nike is the market leader in sports shoes, this doesnt guarantee consumers will switch to competitors alternatives. There are consumers who switch brands in an attempt to be different. This is often due to changes in fashion 4.6 Consumer Decision Making in the sports shoe market, for a running shoe: Total Set Awareness Set Choice Set Decision Set All running shoes Nike Nike Nike Adidas Adidas Reebok New Balance 4.7 The basic decisions made by consumers are ignored by the majorityShow MoreRelatedNike Markeing1333 Words à |à 6 Pagesmix to different marketing segments and contexts Context The purpose of this report is to apply your knowledge of marketing to Nike (a well known sports retailer). Your report should explain the concepts of marketing and illustrate segmentation, targeting and positioning using one of their products. Finally, you will analyse their marketing and devise a marketing mix for one of their products. Your report should answer each of the following questions in turn: Task 1 - Investigate theRead MoreNike : Sustainability And Labour Practises1217 Words à |à 5 Pagesmake the surroundings more sustainable in nature. 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