The assignment details provide a comprehensive overview of Nike's brand management practices, including its use of social media, customer engagement strategies, and marketing approaches. The analysis also touches on the company's ability to adapt to changing consumer needs and leverage its brand to create a positive impact.
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BRAND MANAGEMENT: BLOG
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Table of Contents TASK 1A.........................................................................................................................................3 REFERENCES................................................................................................................................5
TASK 1A NIKE is an American popular multinational corporation which is involved in the design, worldwide marketing, development and sales of equipment, footwear, accessories and apparels services. Headquarter of this corporation is in Portland Metropolitan area. This company was founded in 1964 and it is the world's largest supplier of athletic apparel and shoe. This company was founded by Bill Bowerman and Phil Knight. In its 1styear of business Blue Ribbon Sports or NIKE was sold almost 1,300 pairs of Japanese running shoes in 1964. By 1971 the relationship between NIKE and Onitsuga tiger was almost an end so NIKE or BRS prepared and think to launch its own line of footwear (Ramaswamy and Ozcan, 2016). This company hired and appointed John Brown and Partners in 1976 which as its first advertising agency which was situated in Seattle. By 1980 this corporation attained 50% market share in the United States athletic shoe market which was the biggest achievement for it. In the same year of 1980 in December month it went public. With the help of Wieden+Kennedy, NIKE created many prints & television advertisements. Throughout 1980, It expanded its products line. Nike since its inception has always been a good communicator with its targeted audience and consumers. The brand has always managed its style and reputation in such manner that it has attracted customers easily all across the world (Rodhain and Aurier, 2016). In order to ensure this, the brand has alwayslooked forward in understanding the desires of its particular customers. The company has allowed its customers to freely express their views on the needs and demands from the brand and their individual self as well. Firstly, it has been seen as the company is having a tagline which is compelling, “Just do it”. The organization has always made use of this tagline in order to promote its product and services and create motivation among the people to buy its products. It allows the company to ensure a safe and secure marketing as well. These actions have brought forth new growth for the organization and has ensured required success. The other aspect which the brand has made use of since the arrival of Internet is leveraging the power of social media. Nike on platforms such as Facebook, Instagram and Twitter is having tonnes of followers which makes it easy for the organization to create an impact within its targeted consumer market (Chernev, 2018). Along with it, the brand has always attracted individual and groups by influencing them to do better. It has explored their lifestyles
and has provided them with products and services which are fit for their use. The company in order to build a communication which is growth and success oriented has particularly garnered and evaluated what is best for its customers rather than being growth, profitability and success oriented. This has allowed the organization to ensure that the brand has achieved growth and its customers are always having a special place in their hearts about the brand.s
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REFERENCES Books and Journals Ramaswamy, V. and Ozcan, K., 2016. Brand value co-creation in a digitalized world: An integrative framework and research implications.International Journal of Research in Marketing.33(1). pp.93-106. Rodhain,A.andAurier,P.,2016.Thechild–brandrelationship:socialinteractions matter.Journal of Product & Brand Management.25(1). pp.84-97. Chernev, A., 2018.Strategic brand management. Cerebellum Press.