Nike’s Marketing Operations
By: Mike • Essay • 319 Words • February 1, 2010 • 1,008 Views
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Nike’s Marketing Operations
Nike was first developed in Oregon by Phil Knight in the 1960s and founded in 1972. Nike is a major manufacturer of athletic shoes, apparel, and sports equipment. Nike markets its products under its own brand name as well as Air Jordan, Nike Golf, Team Starter, and under brands from wholly owned subsidiaries including Bauer, Cole Haan, Converse, and Hurley International. Nike’s advertisement campaigns often incorporate new sporting ideology, which often involve sponsored athletes like Tiger Woods, Ronaldinho, and Michael Jordan. Nike is also well known for its strong sponsorship agreements with athletes, leagues and federations, as well many of the world’s soccer clubs. Of course, Nike is in a very competitive industry and must fight to keep a competitive advantage. Furthermore, Nike must also deal with ethical issues that arise from sweat shops that are located in third world countries.
Nike’s biggest competitors in the sporting world are Adidas, Reebok, Puma, Umbro, Converse, etc. Adidas, the biggest rival of Nike, has chosen to acquire Reebok for $3.8 billion in order to expand its market (“Nike, Inc”). This deal will help