nike presentation slide edit
TRANSCRIPT
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INTERNATIONAL BUSINESSECB 30403
WAN NUR ATIQAH BINTI WAN AHMAD SHAHAROM
(62283112272)
NURUL SYAZWANY BTE ANNY ABAS
(62283112177)NOOR AIDA BINTI MOHAMEDON
(62283112236)
Nur diyana binti mohamed nuraldin(62283112314)
PREPARED FOR :
SIR HASHIM BIN HASSAN
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COMPANY BACKGROUND Founded by, Bowerman & Knight.
Incorporated in January 25.
Headquarters: United States.
1970-1979: The birth of Nike Brand & Company.
Originally known as Blue Ribbon Sports (BRS).
Leader in athletic shoes & apparel products.
Operated as a distributor for Japanese shoe maker Onitsuka
Tiger (now ASICS).
Have endorsements top international athletes.
Brand logo: Just Do It
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VISION & MOTTO
To carry on his legacy of innovative
thinking, whether to develop products that
help athletes of every level of ability reach
their potential, or to create business
opportunities that set Nike apart from the
competition and provide value for our
shareholders.
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To bring inspiration and innovation to every
athlete in the world.
If you have a body, you are an athlete. Bill
Bowerman.
MISSION
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LIST OF PRODUCT LINES
The three main product lines of Nike's brand :
Footwear.
Apparel.
Equipment.
Nike have 600 contract factories that employ.
More than 800,000 workers in 46 countries around the world.
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Running
Basketball
Cross-Training
Outdoor Activities
Tennis
Golf
Soccer
Baseball
Football
Bicycling
Volleyball
Wrestling Cheerleading
Aquatic Activities
Auto Racing
Other athletic and recreational uses
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Cole Haan Products :
~dress
~casual~footwear
~accessories
Nike Bauer Hockey
Products :
~ice skates
~apparel
~equipment
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Hurley International
Products:
~surfing
~skateboarding
~snowboarding~footwear
Converse
Products:
~distributes athletic
~casual footwear
~apparel accessories
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Financial
Nike Company annual net sales growth will be 9% from
20092014.
In 2014 Nike Company will generate approximately $ 11 billion in
revenues and approximately $ 1 billion in operating income. Increase net income to $550 million by the end of fiscal year 2014
The financial target $50 million represent.
Internal Business Process Investment in new technology
To develop 5 new product in Financial Year 2014
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Customer
Customer satisfaction index to 99 % in 2014
Add 90% loyalty customer
Learning & Growth
Give 25% job opportunities for unemployed person
To achieve sustainable, long-term growth across its global
portfolio of brands and businesses
Business Process
Upgrade the technologically advanced products in 2014
More focus making a strong effort in price leadership
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Strategy Advantage Disadvantage
Global More outlet around world Have legal issue amongcountries
Reimage(internal&
external)
Attract first impression to
customer
Lot of cost needed
Launched a web services
platform
People will know about
the product more
The website
hacked risk to other users
Affiliate marketing Easy way to create
additional income
High commission costs
incurred
Active advertising Getting closer to beingknown by target market
Buying problem(confuse when want to
buy product)
Outsourcing strategy Reduce internal
overhead such as
operating expenses
Lack of security
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Direct Competitors
Adidas
Fila
Puma
Reebok
New BalanceOne Umbro
Indirect Competitors
Non-athletic footwear brands
Crocs
Kswiss
Converse
SketchersTimberland
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KEY SUCCESS FACTORSLOCATION
Nike target a strategic places based on peoples income
STRONG BRAND
Nike Company have a strong brand because they provide a lot of product
A great leadership in athletic shoes & apparel products
Elegant style
KNOWLEDGE & SKILLS
Hire skilled and experience employee
REPUTATION
Nike have been able to create strong brand preferences among the
customers.
Extensive research and development
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EXTENSIVE RESEARCH & DEVELOPMENT Consumer needs and wants (demands)
WEB DESIGN
Create simple web site and informative web site, low graphic
so that customer will easy navigate into the web site
Link = http://nikeinc.com/pages/about-nike-inc
MARKETING & PROMOTION
Centered of Brand Image & Brand Name
Varity of distribution channel
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Strength
Strong brand name.
Great leadership in athletic
shoes & apparel products.
Establish company
High revenue growth.
Weakness
Lack of concentration
regarding customer value
(client).
Lack of distribution
channel.High price.
Concentrated on a single
international image.
Opportunity
Luxury products.(research n
development)Joint Ventures .
Get customer loyalty
attached to its products.
Expansion to global market
world wide.
SO Strategy
High quality product.
World wide marketplace.Increase demand of product.
Being Top leader in Industry.
WO Strategy
Focus high level income
person.World wide the distribution
channel .
Reduce price (everyone).
Suitable advertising follow
the country culture.
Threats
Many competitors (Adidas,
Nike,Puma).
Internet security.
Competitive pricing.
Currency.
ST Strategy
Established brand names.
Customer will be secure.
Control the market price.
Special offer during and year
sales and festival.
WT Strategy
Higher experiences promoter.
Update website regularly and
up to date
Maintain the quality of
productLocal celebrity ambassador
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SWOT Matrix Strategies Strategic Initiatives
SO Strategies1. High quality product Doing advanced research regarding the new
styles and produce verity of products.
Outsource the product to the emerging
country such as India (cheaper raw material)
2. World wide marketplace
Introduce new products line not just focus on
spots
3. Increase demand of product Affordable price (cheaper) but maintain the
high quality products
Build long relationship with customers
eg: feedback customers on email
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WO Strategies
1. World wide the distribution
channel .
Always upgrade their marketing strategic regarding
new technology
Formulating a strategic plan for the corporations
future
2. Reduce price (everyone). Outsource their product than can reduce their priceso that everyone's can buy their product
Use alternative source of materials for cheaper
products
3. Suitable advertising follow
the country culture.
Use the suitable advertising follow the country
Eg: used newspapers or magazines to give coupon
Use the language that the country used so that easy
to customers understand it.
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ST Strategies
1. Customer will be secure Upgrade their software that safety using onlinewebsite so that it will be secure the customers buy
the product
All the transactions must be private because can
reduce the website hacked regarding credit card
2. Control the market price Join venture with others beggars company so that
they can control the market place
3. Special offer during and
year sales and festival
Give more discount Eg: 70% Discount during
Festival
Provided special offer like contest so that customers
will buy more product to get more gift
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WT Strategies
1. Higher experiences promoter Give training to upgrade their skills and
knowledge regarding new product launchGive them motivation
Eg: vacation or bonus
Update website regularly and up to date Used the low graphic so that easy to
customers access the website
Always up to date so that customers know
the latest product that launch
Local celebrity ambassador Used the ambassador in that country
Eg: Khairul Fahmi(Apek) as a ambassador
in Malaysia
Doing research the famous ambassador in
that country so that can attract customers
bu more roduct
MARKETING COMMUNICATION
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MARKETING COMMUNICATION
ACTIVITIES
Outdoor and TV Advertising
World Wide
Flexibility Image-building and Visual Medium
Sales Promotions
(coupons)
Sport magazines
Web site
Buy 1 product get coupons
Sponsored Search
Get targeted leads for business
Target the sponsor so that their appeal to potential
customer who are searching for what they offer
Corporate Responsibility
Environment care
Improve the lives of Adolescent girlsSociety( education, healthy, art and people in needs)
E-mail Marketing Campaigns
Interactive
Global reach
Faster response
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SUGGESTION TO CONTROL & MONITOR
Give reward and punishment to employee
Financial reports annually and quarterly
Customer feedback program
Top level management meetings to assure
goals are achieved
Reduce price of the products
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