The Nike brand is considered a highly effective
brands across many disciplines. Nike is a major traded footwear, clothing,
sports equipment seller based in the US. It is the world’s leading supplier of
athletic shoes and major manufacturer of sports equipment. The brand alone is
worth $10.7 billion making it the most valuable brand among sport businesses.
‘Nike’ means the Greek goddess of victory. Both businesses professionals and
consumers consider Nike as well established and well respected. Nike has
contracted with more than 700 shops around the world and has offices located in
45 countries outside the United States. Most of the factories are located
in Asia including --Indonesia
- China
- Taiwan
- India
- Thailand
- Vietnam
- Pakistan-
Philippines
- Malaysia
The responsible agency's profile
W+K is
an independently owned American advertising agency best known for
its work for Nike. Founded by Dan Wieden and David Kennedy,
and its headquarters is in Portland, Oregon. It is one of the largest
independently-owned advertising agencies in the world.
Examples of the brand in use
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Nike Air Max
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Nike+ Sportwatch GPS
(With Sensor)
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Nike 6.0, Nike NYX, and Nike SB shoes, designed for skateboarding
Nike Air Jordan
XX3, a high-performance basketball shoe
Nike recently teamed
up with Apple Inc. to produce the Nike+ product that
monitors a runner's performance via a radio device in the shoe that links to
the iPod nano.
Why do I think Nike is successful?
There
are many reasons to why I like Nike, but to start off, let’s begin with the
logo.
·
The tick mark or the ‘swoosh’ is very
appealing to the eye. The swoosh simultaneously represents athleticism,
competition and victory. With one solid brush stroke, viewers of the swoosh or
the tick mark, know what it means and what it stands for.
·
The
slogan “Just Do It” brings the feeling
of determination and victory when one hears it. So the logo and the tag line
together is a deadly combo, portraying Nike’s brand goals and reflects
athleticism and victory.
·
Their
most effective brand elements are its use of print ads. An example of this is
the Nike’s Real Women Ads. This ad shows what it means to be a real woman and
highlight some specific part of their body (ex hips, legs, thighs). These Nike
ads play on women’s insecurities, but displays them in a way that empowers the
female. So I feel this is highly effective.
·
Nike’s effective branding play a major role in its success.
·
Its success is attributed to
innovativeness well as competitive research to know what is selling in the
market.
·
Initially they started selling shoes but
later moved onto other lines such sports clothing, sports gear etc.
·
Their shoes are well designed, they
provide good comfort and have good styles.
·
Nike’s advertising campaigns are very
clever and sophisticated, which in turn attracts consumers
·
All of their products are carefully
designed and they have top class quality. This is another reason why people get
addicted to the brand and spend hundreds of dollars on Nike clothing, gear,
shoes etc.
·
Nike has hired top of the line athletes
(ex. Jordon) to represent them, helping them to publicise products from Nike
(by matching their market position).
These are the reasons why I think Nike is successful and me, myself being a Nike addict , I know that Nike is a great brand and they have the most comfortable shoes on earth!!
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