sooo
ForumsNet Member
I love YaBB 1G - SP1!
Posts: 2574
|
 |
Nike Air Zoom Pegasus 34 Womens
« on: Mar 8th, 2018, 9:26pm » |
 Quote  Modify
|
Nike is a champion brand builder. Its advertising slogans—“Bo Knows,” “Just Do It,” “There Is No Finish Line”—have moved beyond advertising Nike Air Max Classic BW Femme into popular expression. Its athletic footwear and clothing have become a piece of Americana. Its brand name is as well-known Nike Air Max Jewell Mujer around the world as IBM and Coke.
So it may come as a surprise that Nike, the consummate marketer, came to understand the Asics Gel Quantum 180 Donna importance of marketing late in its life: after it hit the $1 billion revenue mark. After more than a decade of meteoric growth, Nike misjudged the aerobics market, outgrew its own capacity to manage, and made a disastrous move into casual shoes. All of those problems forced the company into a period of intense self-examination. Ultimately, says founder, chairman, and CEO Phil Knight, the company realized that the way forward was to expand its focus from the design and manufacture of the product, where Nike had always excelled, to the consumer and the brand.
Nike’s roots go back to a company called Blue Ribbon Sports, which Knight, a former runner at the University of Oregon, and Bill Bowerman, Knight’s Nike Air Max 90 Mujer former track coach, created in 1962. Blue Ribbon Sports started out distributing running shoes for a Japanese company, then shifted Asics Gel Quantum 360 Womens to designing its own shoes and outsourcing them from Asia. Blue Ribbon Sports’s performance-oriented product innovations and mastery of low-cost production translated into shoes athletes wanted to wear and could afford. Knight and Bowerman’s track connections got the shoes onto the feet of real runners. And then jogging emerged as a new national pastime.
By 1978, the year Blue Ribbon Sports changed its corporate name to Nike, Jon Anderson had won the Boston Marathon wearing Nike shoes, Jimmy Conners had won Wimbledon and the U.S. Open wearing Nike shoes, Henry Rono had set four track and field records in Nikes, and members of the Boston Celtics and Los Angeles Lakers basketball teams were wearing them. Adidas Gazelle Mujer Sales and profits were doubling every year.
Then in the mid-1980s, Nike lost its footing, and the company was forced to make a Nike Air Zoom Pegasus 34 Womens subtle but important shift. Instead of putting the product on center stage, it put the consumer in the spotlight and the brand under a microscope—in short, it learned to be marketing oriented. Since then, Nike has resumed its domination of the athletic shoe industry. It commands 29% of the market, and sales for fiscal 1991 topped $3 billion.
Here Phil Knight explains how Nike discovered the importance of marketing and what difference that discovery has made. This interview was conducted at Nike, Inc.’s Beaverton, Oregon offices by HBR associate editor Geraldine E. Willigan.
|
Sponsored by: The Fans!
Home
Help
Search
Members
Chat
Member Map
Login
Register
Reply
Add Poll
Notify of replies
Send Topic
Print