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Weber, Zachary Ye, Chujun Gower, Kerryn. NIKE Mission Statement: To bring inspiration and innovation to every athlete* in the world. *“If you have a body,

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Presentation on theme: "Weber, Zachary Ye, Chujun Gower, Kerryn. NIKE Mission Statement: To bring inspiration and innovation to every athlete* in the world. *“If you have a body,"— Presentation transcript:

1 Weber, Zachary Ye, Chujun Gower, Kerryn

2 NIKE Mission Statement: To bring inspiration and innovation to every athlete* in the world. *“If you have a body, you are an athlete.”

3 History  One of the only two Fortune 500 companies headquartered in Oregon  For 2012  revenues exceed $24.1 billion  Employed more than 44,000 people worldwide  The Name!!  --- brand value alone worthies $10.7 billion  --- most valuable brand among sports business

4 Store Layout Similar experience in every store Rio de Janeiro, Brazil

5 Store Layout  Employees with passion/helpful  --- professional stuff, you may need help

6 Store Layout  Bright, clear, well labeled

7 Good At Using aspirational groups  http://www.youtube.com/watch?v=lZA-57h64kE http://www.youtube.com/watch?v=lZA-57h64kE  Wearing NIKE makes you a SUPER STAR!

8 Financials  Period ending May 31 st 2013  Total Revenue=25.313 Billion  Gross Income=10.93 Billion  Stock Price= $75.07, close on 2/17/14

9 Strengths  Strong global brand  “Swoosh” instantly recognizable  Well known athletes endorse Nike  Nike has managed to find ways to innovate their products and to provide a range for various different price points to cater for different demographics  Strong research and development  Nike doesn’t own any factories

10 Weaknesses  Because the brand is so strong, the company can be seen as exploitative and greedy  Expensive supply chain  Price sensitive  retailers push for a lower wholesale price in order to keep lower prices for their customers, which lowers profits for nike

11 Opportunities  Technology advancements (Fuel bands along with xbox Kinect)  Streamline the naming of some products so customers know the difference (example: just within the Nike Free category, there is Freerun 3.0, Freerun 5.0, Freerun+ 2ID, FlyKnit, FlyKnit Lunar1 +ID subcategories)  Being a “fashion brand” rather than a “sport brand”  Expanding more into emerging markets  Global marketing opportunities such as sponsoring the World Cup or the Olympics

12 Threats  Competitive market  Consumers want deals  Currency fluctuations; overseas profits can turn into a loss  Problems with factories in underdeveloped locations (bad working condition, poor pay)

13 SOURCES  http://help-en-us.nike.com/app/answers/detail/a_id/113/p/3897 http://help-en-us.nike.com/app/answers/detail/a_id/113/p/3897  http://en.wikipedia.org/wiki/Nike,_Inc. http://en.wikipedia.org/wiki/Nike,_Inc.  http://www.youtube.com/watch?v=lZA-57h64kE http://www.youtube.com/watch?v=lZA-57h64kE  http://www.google.com/finance?q=NYSE%3ANKE&fstype=ii&ei=6KgCU8ClMtOziAKHKQ http://www.google.com/finance?q=NYSE%3ANKE&fstype=ii&ei=6KgCU8ClMtOziAKHKQ  http://techanalysisblogger.wordpress.com/2013/09/19/nike-swot-analysis/ http://techanalysisblogger.wordpress.com/2013/09/19/nike-swot-analysis/  http://www.marketingteacher.com/swot/nike-swot.html http://www.marketingteacher.com/swot/nike-swot.html  http://blog.joinsessions.com/wp-content/uploads/2013/08/Nike-%2B-FuelBand-2.jpg http://blog.joinsessions.com/wp-content/uploads/2013/08/Nike-%2B-FuelBand-2.jpg  https://encrypted- tbn1.gstatic.com/images?q=tbn:ANd9GcSnqFGe2ZcqW1ivKek0VinMr2C1Q31D3O6LlS5Wc3I- eQsHdoC8pw https://encrypted- tbn1.gstatic.com/images?q=tbn:ANd9GcSnqFGe2ZcqW1ivKek0VinMr2C1Q31D3O6LlS5Wc3I- eQsHdoC8pw  http://1.bp.blogspot.com/_M_OP_SYO_2Y/SqBJ- MmCp4I/AAAAAAAAADA/Hz4pj8odLKs/s1600/nike%2Bvs%2Badidas.jpg http://1.bp.blogspot.com/_M_OP_SYO_2Y/SqBJ- MmCp4I/AAAAAAAAADA/Hz4pj8odLKs/s1600/nike%2Bvs%2Badidas.jpg  http://nikeinc.com/news/nike-opens-its-first-brand-experience-store-in-latin-america http://nikeinc.com/news/nike-opens-its-first-brand-experience-store-in-latin-america


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