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Marketting Assingment
Marketting Assingment
LAHORE CAMPUS
CLASS:
BS BA (2A)
SUBMITTED BY:
SUBMITTED TO:
Ms.Beenish Arshad
SUBJECT:
Marketting Management
Introduction:
The core marketing strategy of nike was to diversify into shoe making for different sports and
collaborate with strong team players of different sports such as basketball, football, tennis etc.
Pros:
The Pros were that it got a chance to produce different sports equipment and uniforms along with
the shoes that made it a prominent sports brand. The collaboration with famous players of
different sports mostly those of the winning team made nike popular among their fans and people
interested in those sports that increased their sales tremendously making huge profits as these
fans and people started buying their products to satisfy their enthusiasm and love for the sports.
Cons:
The Cons is that Nike only produces shoes and other products that are related to sports, fitness,
and athletics. It does not concentrate on making products that are needed by people in their
normal routines that could be sold in the consumer market and it is limiting it’s consumers to
people that do sports, athletics, exercise, and fitness and this target market is not enough to
produce footwear and cloths in bulk which can give it an advantage of cost leadership.
Risks:
The risks associated with the core marketing strategy is that the sports personality to which nike
is collaborating may not perform well in the upcoming matches and looses it then people might
blame nike for it as they wear nike shoes and other equipments and due to this nike might looses
some of its regular customers. The other risk is that the sports personality to which nike is
collaborating might also promote another competitor brand and collaborate with it at the same
time that can make the fans of the sports personality defer in their choice of choosing nike or the
other brand due to which nike might also looses some of it’s regular customers and the ultimate
threat is that the turnover ratio will decrease because of which less revenue will be generated
Adidas does things differently. They make cool shoes and clothes not just for sports, but also for
everyday wear. Adidas partners with famous teams and stars to get more people interested,
especially young people. They even have a separate brand called Rebook for gym and combat
sports fans. By working with wrestlers and popular groups like BTS, Adidas attracts lots of
customers worldwide..