Analysis of Nike's Brand Leveraging and Extension Techniques
VerifiedAdded on 2022/12/27
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Report
AI Summary
This report critically evaluates the techniques used by Nike to leverage and extend its brand. It emphasizes the importance of brand management in achieving long-term success and high market growth. Nike, a multinational corporation renowned for sports and fitness lifestyle products, focuses on its brand image to attract customers and maintain a competitive edge. The report discusses various strategies, including celebrity endorsements, cultural dissemination, and consistent advertising, that Nike employs to strengthen its brand domestically and globally. Techniques such as managing brand over time, being adaptive and flexible, utilizing custodians, aligning organizational structure, being proactive, and leveraging technologies are examined. The analysis underscores Nike's commitment to brand visibility and strength in the market.
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