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Introduction of nike
Free essay on the overview of nike and its history
Introduction of nike
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Before I started researching Nike I already knew Phil Knight was a co founder. Also, I knew Nike got popular after the Michael Jordan era. What really interested me though is how a business like Nike could get global recognition. Probably the biggest things that I knew was everyone loves Nike and wants to wear Nike.
What I Wanted To Know The thing that I wanted to know the most about Nike is how did a small shoes company turn into a massive corporation that everyone knows today. Also, I wanted to how it started, where it started, and who made it popular. Most people really don’t think about how a company got popular, because it was always the shoe, shirt, or any other clothing that everyone knew. I really just wanted to know the
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One resource that found some good facts on was xroadsvirginiaeducation.com . On that website I found information on when Nike started and who the co founders were. All of the information was sorted well on the website and easy to find. After looking over that website I found another one called businessinsider.com . Business insider gave me facts about how the business started out and what the company’s original name was. This was definitely a reliable source to my topic and I learned a lot more about Nike. One of my greatest sources I’ve found yet though is finish line.com. At finish line blog they gave me great facts about one of Nike’s first athletes and how they made it well known. It also taught me how the running boom affect Nike in the …show more content…
It was a growing sport and it was very popular in Oregon. Bill Bowerman was coaching Oregon at the time Prefontaine ran there. Prefontaine had an amazing career, including NCAA championships and setting American distance records in everything from the 1,500 to the 10,000. Also, he made the 1972 olympics. In 1975 Steve was running his best times yet and looking like he was going to make the olympics once again. After a great race in May of 1975 Prefontaine died after a tragic car accident. The running world was shocked, but people still wanted to be like Steve thanks to Nike. The main reason for Nike’s success in my eyes, based on all that I’ve read is Steve
Ever since sixth grade I’ve been running long distance races but not until my freshman year did I learn about the legend of Pre. He has inspired my teammates and myself to give it all we have and to run a race not to see who’s the fastest but to see who’s got the most guts. Steve said a version of that in one of his great speeches. Any race he ran was better than I have ever done and better than I will ever do but I still strive toward his accomplishments and give everything I have.
"Nike." Columbia Electronic Encyclopedia, 6th Edition 1. Academic Search Premier, EBSCOhost (accessed November 6, 2009).
Nike's marketing strategy is in many ways the reason for the company success. Nike is now positioned as a premium-brand. Nike advertising is one of the most effective emotional branding examples in the advertising marketing in today’s world. Their customer loyalty is off the charts. All credit goes to the Nike brand strategy and masterful application of the emotional branding. That's exactly the kind of shrewd marketing attitude that drove Nike's past success. After perfecting in the art of big branding, Nike has now moved into a world in which its consumers want to be told less and just do more. Which is in a way, is such a big change after all.
“Steve Prefontaine became Nike’s first endorser when knight and Bowerman agreed to pay for his training if he wore their shoes and shorts”(Frisch 18). He was chosen because he was the most recognizable runner at the time, “With his wild, flowing hair, he cut a unique image, and he ran with a rare passion and determination, pushing through pain and fatigue that would have stopped most runners”(18). Pre’s career was also full of many awards and records. Pre was the first athlete to win four consecutive NCAA championships in the same event, as well as going 21 straight college meets undefeated, undefeated after his freshman year of college, and an unbeaten career in the dual meet, all culminating in his call-up to the U.S. Olympic
Since its creation, Nike has proven itself as a popular brand and it has created niches by selling products such as footwear, apparels and various types of sports equipment. This paper will attempt to trace the product development of Nike shoes from its origins in conception and design to the manufacturing and production process located in contract factories in developing countries to advertising and marketing of Nike as a cultural commodity and finally, the retailing of the footwear around the world.
Nike is a worldwide known business that many people around the globe are attracted to purchase. They make a variety of products ranging from shoes and clothes to sports gear, sports products, and many different accessories. Nike is designed for everyone ranging from infants to elderly. Because of their range of age for products, this makes them a huge competitor. Being able to appeal to all ages and styles of people.
In 1965 two men by the names of Bill Bowerman and Phil Knight started Blue Ribbon Sports, now known as Nike, the business almost instantly became a top competitor. In 2012 Nike was said to have a net worth of 67 billion dollars, and co-founder Phil Knight a net worth of 18.7 billion dollars. The amount of profit Nike has attained is eye- opening, which made individuals that much more infuriated when they discovered Nike was accused of having sweatshops internationally. The accusations began in 1991 when activist Jeff Ballinger published a report, documenting the harsh conditions workers were forced to work in. Acknowledging the fact that Nike’s business plan was more about making profit than treating employees with any dignity. Nike’s strategy seemed to be to enter into poor nations where individuals were desperate for work. In 1996 it has been ...
Nike was first known as Blue Ribbon Sports, founded by University of Oregon track athlete Philip Knight and his coach Bill Bowerman in 1962. It officially became Nike, Inc. in 1978 while taking its name after the Greek goddess of victory. Mark Parker is the current CEO and Phil Knight still continues to hold a position at the top of the organization, as the company Chairman.
Nike is a multinational corporation with a brand that is recognizable worldwide. For the following paper I will conduct be conducting a social media audit, and evaluating the social media strategies currently being used by Nike. Nike is American multinational corporation that is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services. It is one of the world's largest suppliers of athletic shoes and apparel and a major manufacturer of sports equipment. As of 2012, it employed more than 44,000 people worldwide. The brand alone is valued at $10.7 billion, making it the most valuable brand among sports businesses. The company was founded on January 25, 1964 as Blue Ribbon Sports by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1978. (Wikipedia, 2013)
From their marketing strategies to their selling philosophies, Nike has developed one of the most recognizable and demanded name and logo tandems ever created.
Nike Inc. was founded in 1962 by Bill Bowerman and Phil Knight as a partnership under the name, Blue Ribbon Sports. Our modest goal then was to distribute low-cost, high-quality Japanese athletic shoes to American consumers in an attempt to break Germany's domination of the domestic industry. In 2000 Nike Inc. not only manufactured and distributed athletic shoes at every marketable price point to a global market, but over 40% of our sales came from athletic apparel, sports equipment, and subsidiary ventures. Nike maintains traditional and non-traditional distribution channels in more than 100 countries targeting its primary market regions: United States, Europe, Asia Pacific, and the Americas (not including the United States).
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.
Nike, Inc is one of the leading companies in the world that is known for its brand of athletic footwear, apparel, equipment and accessories.
Nike is the world famous company. It is an American multinational corporation which is occupied in the design, development, manufacturing and worldwide marketing and selling of the footwear, equipment and many more other services. The Nike Company was founded on 25 January 1964. The first founder Bill Bower man and the second founder Phil Knight. The Nike name comes from the Greek word goddess of victory. The mission of the Nike Company is to bring inspiration and innovation to every athlete in the world. There are two sides to Nike: the public face and hidden misery. It is the number one shoe maker in the world. This Company creates designs for all age groups, for instance, for men, women and for Children.
This project concentrates on the Nike Sports shoe; Nike is one of most significant shoe manufacturing company worldwide. Sportswear manufactured by Nike is known for quality and is most liked brand of athletes. (Daniel, 2011)