This article critically evaluates the various techniques used by Nike to leverage and extend its brand. It discusses the importance of branding, the use of online digital platforms, targeting the emotions of viewers, and mobile ads. The article highlights how these tactics make Nike's branding unique and effective.
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Brand Management 1
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Contents Contents...........................................................................................................................................2 Critically evaluate various techniques used by Nike to leverage and extend its brand:.........3 2
Critically evaluate various techniques used by Nike to leverage and extend its brand: Brandingistechniqueofestablishingaclear,favorableperceptioninmindofthe consumer/clientsof a corporation, its items or facilities by incorporating factors like logo, layout, mission statementas well as a prevalenttheme across all themarketing communications. Successful branding enables businesses distinguish themselves and develoployal customer base against their key competitors. In-store branding couldbe somewhat different from internet branding as businesshave to think about placing items as well as props in the store which can impacttheexperienceofcustomerwithbrand.In-storebrandinggenerallyisexperiential, because people may walk-around as well as pick up stuff, while online consumers seetwo- dimensional scene.Inconetxtof Nike, Branding is core aspect for comapny as this makes company’s brnad unique even at glabal compeititve market. Severalkeymethods/technioques employed by theNike for effectivebranding are discussedbelow: Onlinedigitalplat-form basedbranding- This is theNike's belief that more recognition and reputation can be achieved through branding or advertisement with the aid ofdigital plat-forms network. They are using this concept for branding ofproducts. Platforms such as google advertising, webadvertisementsand many others are primarily used. In order to enhance their branding, Companyspent about $ 14.8 million towards digital marketing, which indicates that in attempt to make the branding procedure digital, Nike corporation has made more investments (About branding strategy used by Nike, 2020). Target feelings of viewers- Target viewers' emotions/feelings- The approach to gaining more clients is to concentrate on their sentiments and convictions. The corporation Nike focuses more on AIto assistthem determineemotional element of individuals across the globe. Such information helps to build a branding plan according to various regions and facets. Practically, Nike using a forum such as theSerena Williams, LSU Tigers etc. to determine individuals' emotional aspects. In each country, individuals such asIndia, brazilprefer to buy footwearson fest seasons or on special occasions, there is distinct kind of community and emotions of pubic. Nike therefore uses this tactic and utilizes an efficient form of advertising that makesbrand more attractive among customers. Mobile Ads- Over the timeframe from 1995 to 1997,usage of cell phones grew and Nike adopted the technique of advertising using telecommunications advertising. Photographs of Nike's products and contact details were provided below in the print ads. One could dial the 3
phone, as well asstar sportsman would provide the information about the product. There wasrevolt in the marketing campaigns for Nike company. It is crucial, to understand however, that this promotional technique is not just used in the past as well as in various countries in the present period(So, Wu, Xiong and King, 2018). Thus, in attempt to render their branding increasingly efficient and to grow incompetitive world, these aretactics used in theNike. The explanation behind Nike's popularity in branding and advertisingis that all these tactics are distinctive in nature as well aseffect is positive. 4
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REFERENCES Online: AboutbrandingstrategyusedbyNike,2020[online]availablethrough:< https://www.marketing91.com/nike-advertising/> So, K.K.F., Wu, L., Xiong, L. and King, C., 2018. Brand management in the era of social media: Social visibility of consumption and customer brand identification.Journal of Travel Research,57(6), pp.727-742. 5