the difference between new balance and nike

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Page 1: The difference between new balance and nike

The difference between New Balance and Nike are its refer with their performance on their marketing.

New Balance targets the serious sports minded, selling consistency of performance. They try to give

customers the best affordable shoe for their activity, and they expect the customer to pay a fair price for

that service. In fact, Jim Davis thinks it borders on criminality to push a high priced cool style so hard that

some kid will shoot another to steal them. Consequently, New Balance has a distinctive marketing

strategy that provides the company with a unique way to differentiate itself from its competitors. Rather

than using celebrity endorsements like many of its counterparts, New Balance created the “Endorsed by

No One” campaign. This campaign reinforces the message that New Balance is an authentic, quality

brand that is focused on creating a reputation for itself rather than relying on celebrity athletes. By

investing its money in research, design, and domestic manufacturing instead of celebrity endorsements,

New Balance creates a product that can speak for itself. By positioning itself as a brand for performance

oriented runners, New Balance is trying to steer away from the stigma of being known as a fashion

oriented and celebrity worn brand like its largest competitors.

For the Nike, Nike rested completely upon a product image which is favorable and allowed it to develop

into one of the best multinational companies after a while. Nike’s favorable product icon has been kept

optimistic because of the strong relation with the company logo that is quite distinct and unique as well as

the product slogan that has been utilized in commercials for a long period of time.

The marketing strategy of Nike invests a lot in commercials and product promotion.

Sportsmen are the majority consumers of Nike’s products. This is extremely because of the usefulness

that goes along with the items. An athlete or sportspersons is more possible to choose shoe designed that

is marketed by Company more than an individual who hate sports as well as exercises.

Nike focused on these consumers by means of agreements between the Company and sports team, college

athletic for product support and sponsorship as well as eventual endorsement to the team members.

Through this, Nike is capable to reach an extensive number of consumers and clients who are likely to

purchase. Even if some are likely to purchase the products, Company pays particular emphatic

concentrating to the sportsmen more than some number individuals even if it also targets teenagers who

have hold the hip hop customs.

Nike Company’s lays a lot of strategies to aim their immediate users, athletes and all sportsmen. These

targeting techniques include product sponsorship by professional and well known athletic team, college

sports team as well as celebrity athletes.

Page 2: The difference between new balance and nike

This marketing strategy of Nike is particularly successful as of its capability to reach many athletes.

Once the sports team manager lay down a particular kind of track shoes manufactured by Nike, the

learner have no choice other than to purchase them as well as sports team can purchase the track shoes in

a large number and deliver them to the members of the team.