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Nike corporate social responsibility
Nike and corporate ethics and social responsibility
Nike and corporate ethics and social responsibility
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Recommended: Nike corporate social responsibility
Most brands have a set ‘corporate responsibility’ belief, but Nike seem to be acting on the belief with the best outcome. Nike’s ‘my time is now’ campaign gave back to a sport that accounts for a large sum of their profit by hunting for footballing talent. Nike celebrated a new generation of footballers with ‘The Chance’, an extension to the campaign. This is accompanied by an environmental scheme using recycled polyester, diverting 2 billion plastic bottles since 2010, bettering products and improving lives. They class it as “innovating for a better world” (Nike;2014). They divert back to sport constantly with schemes and foundations. Believing that sport is for everybody, they do what they can to allow everybody the access to sport as they believe it as the “greatest investment a society can make” (Nike;2014). The best example of their worldwide responsibility being achieved was with ‘The Nike Foundation’. The Nike foundation allowed adolescent girls to end their own poverty and make changes for the world. The idea was to unlock potential in the most deprived places.
Nike succeed in persuading their target audience that only Nike will do. The brand is synonymous with achieving and trying your best. It’s values like this that speak to the consumer. Consumers feel the need to buy into brands. If the brand use good values accompanied with the care that a brand like Nike have for their target audience, then you will find that the brand will have a great relationship with the consumer. The same can’t be said with brands of the same sector.
Globally, Adidas made a mark in providing the ‘€1 and $1 shoe’. The shoes were brought out for the millions of people around the world who couldn’t afford them. Reebok as a brand have also incl...
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...at schemes in the process. An agency that encourage their brands to do better. Fastrack have worked on projects including ‘the big hit’, ‘2013 school games’ and ‘2010 paralympics’. And worked with some great organisations including ‘Youth Sport Trust’, ‘change 4 life’ and ‘Sport England’.Fasttracks work with Sport England shows the effort that the agency goes through to help society. “Sport England is responsible for grassroots sport in England. Working with national and local partners including national governing bodies of sport, local authorities, charities and other sporting organisations, we are committed to helping people create a sporting habit for life” (Sport England 2014). They create connections with brands like Lucozade and introduce them to the world of corporate responsibility. They achieved this by allowing Sainsburys to sponsor the 2013 school games.
The developmental stages of a successful campaign help to establish the product in the audience’s mind or consciousness. The stages of the Nike campaign can be described by using the Yale Five-Stage Developmental Model. Yale researchers developed this model while observing the growth of national identity. The first stage of this model is identification. Our text states that “Many products and causes develop a graphic symbol or logotype to create identification in the audience’s mind” (p. 264, Larson). The logo Nike is most famous for is “The Swoosh.” This is the term given to the symbol of winged victory that appears on Nike products. “The design of the swoosh logo was inspired by the wing from the Greek goddess Nike” (p. 3, http://shrike.depaul.edu /~mcoscino/word.html). The Nike logo’s presence can be noted in almost every aspect of the athletic world.
Even though many believe customer is the greatest and customer should have the absolute power, in this case, Nike has absolute power over customer, where customer has low bargaining power. This can be proved by study many cases where Nike make their customer angry and claim that they will refuse to buy Nike product.
Nike’s goal is to remain unique and different from others in terms of the items offered on the market. Arguably, Nike belongs to a monopolistically competitive market as there only a few organizations with the ability to regulate the amount charged for their product which means they cannot make their prices high as this is likely to make customers move on to other available choices (Nike, Inc., 2012). However, Nike can find a balance between the prices to charge for their products and remaining competitive with other companies in the industry. Nike has formed a distinction between the appearance and performance of their footwear and that of their competitors. Although products are differentiated from other companies, they still influence each other because they are items of the same
Nike’s sweatshop manufacturing practices which can be seen through media have shown people that this company goes under the good guys images, these images which are displayed in their commercials show people that their employees are treated well and their happy in their working environment.
Nike is one of the biggest footwear and apparel manufacturing companies in the word. The company came into existence in 1964 by Bill Boweman and Phil Knight and named it as the Blue Ribbon Sports. The company changed the name to Nike, which is Greek word meaning victory, in 1972 after producing a good brand of shoes that became popular among the athletes (NIKE, Inc., 2001). Since then, the company has been successful, dominating the world market of athletic shoes. The company’s products are sold in more than 170 countries across the world. The company also sponsors various sports events at national and international levels. The company slogan “just do it” is catchy and attract many people tom buying its products. This makes the company to grow continuously due to wide and stable customer base.
Many global companies like Nike, Inc. are seen as role models both in the market place as well as in society in large. That is why they are expected to act responsibly in their dealings with humanity and the natural world. Nike benefits from the global sourcing opportunities, therefore areas such as production and logistics have been outsourced to partner companies in low-wage countries like China, Vietnam, Indonesia and Thailand. As a result the company is limited nowadays to its core competencies of Design and Marketing.
The marketing goals are: Increase customer retention, Increase eCommerce Sales, Increase our Community Involvement. The first goal specifically works towards reaching 60% repeat sales through different promotional strategies like emotional marketing and sponsoring different professional athletes. Customer retention is extremely important to maintain Nike’s market leader position. Increasing eCommerce is a major focus for Nike. Last year we were able to increase our eCommerce sales by a profitable 51%. Our second goal is to continue this trend by increasing online sales by 50% every year for the next four years. It is our belief that doing so will solidify Nike as a leader in the online athletic market. Nike truly believes that sport can change
With the increasing awareness and publicity of poor working conditions in subcontracted factories in East Asia, Nike has stimulated an uprising of activist and watchdog groups working toward seeing these conditions changed. With Nike in the negative spotlight, various organizations have revolved around generating a negative outlook on Nike’s practices of social irresponsibility. Certain campaigns such as the “National Days of Consciousness” and “International Day of Protest” were organized to educate people on the deplorable working conditions in Nike’s Asian manufacturing plants, and were designed to get more people involved in global employment issues.
Nike brings it authentic self to the market and give the commitment to innovate for a better world. Nike is focusing on creating products that reduce their environmental impact and showcase sustainable innovation, helping in improving working conditions across the industry’s supply chain and Nike invests in communities through different programs such as the Lance Armstrong foundation.
It’s because when I sport the Nike swoosh, I feel as if I representing the Nike brand and the beautiful, driven, fit women I see in their advertisements. Feeling this way gives me the inspiration and confidence to play my best. I feel as if I identify with the women in the advertisements by wearing Nike. “The relationship between persons and the product remains one of the most crucial signifiers within advertisements. Persons in advertisements supply the consumer with a certain identification frame—whether the person is presented as a user or is presented within a lifestyle setting, the viewer is invited to identify him/herself with the presented person.” 202 Brand Culture. The Nike brand does a great job at doing this to their consumers to create brand loyalty. Nike brand users, just like myself, see the athletes using the brands and feel a certain connection to them. Brand loyalty should not only be a goal for brands because of the benefit of having their logo advertised on consumers who fit within their target market, but also for PRICE SOMETHING ECONOMY
For the past twenty-five years, we have seen one of the most popular brand sayings become a part of our daily life. Nike started its “Just Do It” campaign in 1988 with the simple commercial advertisement of an 80-year-old man, Walt Stack, who runs seventeen miles each morning. This campaign is said to be one of the simplest slogans, but yet one of the most effective ones. While athletic apparel companies are struggling to captivate the attention of potential buyers, Nike has influenced the minds of its consumers with three simple words. As a consumer, we are persuaded though this campaign by several high-profile athletes throughout the years such as, Ken Griffey Jr. and Michael Jordan in the 90’s to Tiger Woods and the Williams sisters in the 2000’s. After too many celebrity scandals, Nike decided to campaign their “Just Do It” ads with everyday athletes. The media has interpreted the ‘Just Do It’ ads in many different forms, but mainly contributing a negative connotation with the athletes Nike selects and their irresponsible behavior. Ethically, this advertisement has been provided a confidence boost to a younger generation. Whether it was bad or good, this has been the outcome from this campaign.
Nike is the number one innovator in the world in athletic footwear, apparel, equipment, and accessories. This worldwide company operates in an extremely different organizational structure than other companies, such as Reebok and Adidas. Nike operates tremendous marketing strategies and develops inventive designs to inspire athletes around the world. This company is one of the largest suppliers in the world in athletic footwear and apparel, main producer of sports equipment, and making Nike the most valuable brand among sports companies. The task for Nike is to join diversity and inclusion to encourage ideas and innovation. Around the world, this company is a popular brand.
But the forty or so factory workers in the Philippines who make the trainers will share just over £1 between them. " I think the writer is getting consumers to use their consumer power to not buy the products being advertised, by appealing to the consumers conscience, bringing to their attention the plight of the workers in L.E.D.C's. "Christian Aid charges the sports shoes companies with short changing the workers in Asia. It has calculated how long it would take a young production worker to earn the annual salary of Nike boss Phil Knight." Christian Aid have spent a lot of time finding out the facts to back up what they say they are bringing you information straight from the bosses and the workers and showing the reader the pain the workers are going through.
In reviewing the case of New Balance Athletic Shoe, Inc. it is clear that there are a few major problems that the company is facing. First of all, New Balance falls behind its other major competitors, Nike, Adidas and Reebok, in the area of marketing. Unlike its competitors, New Balance does not undertake celebrity endorsements. This puts them at a disadvantage when it comes to brand building. This also causes the company to lose out somewhat on gaining awareness on a global scale as it lacks endorsements in major sporting events. Most global brand names generate strong brand recognition through celebrity endorsements in sporting events that would give them the needed momentum to carry their brand name further into the global market.
Community engagement is the process of working together with community groups to address issues that affect the welfare of particular groups. Since community engagement is hot topic in sport sponsorship with the concept of giving back to the society. The company and an organization involving in sporting has come up with multiple community engagement program to prove that their company is serious to build a good rapport between the company and