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'Shoe Dog' by Phil Knight: Key Business Decisions
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Expanding Internationally
Drove global expansion and increased market share, allowing Nike to capture diverse consumer bases around the world
Enhancing Direct-to-Consumer Sales
Improved profit margins and controlled brand image by selling directly to consumers, decreasing reliance on third-party retailers
Adopting a Multi-brand Strategy
Catered to a variety of consumer tastes and expanded market presence by developing sub-brands under the Nike umbrella
Choosing the Name Nike
Transformed Blue Ribbon Sports into a brand with global recognition, enhancing marketing and brand power
Launching the 'Just Do It' Campaign
Elevated the brand's standing by connecting with a wider demographic, fostering a strong emotional connection with consumers
Investing in Design Innovation
Development of new technologies like Nike Air cushioning led to superior products that enhanced performance and consumer appeal
Introduction of the Swoosh Logo
Created an iconic symbol for the brand that has become universally recognizable, significantly increasing brand equity
Venturing into Wearable Technology
Positioned Nike at the forefront of the tech-savvy fitness market, leading to new revenue streams and consumer data insights
Launching the SNKRS App
Capitalized on the sneakerhead culture by offering exclusive releases and content, which amplified hype and demand for products
Partnering with Steve Prefontaine
Boosted Nike's visibility and credibility in the running community, driving sales and brand loyalty among serious athletes
Embracing Digital Marketing
Strengthened customer engagement and leveraged online platforms to drive sales and brand loyalty
Launching the Nike Adventure Club
Expanded into the kids' market with a subscription service for children's shoes, boosting recurring revenue
Creating Nike Sport Research Lab (NSRL)
Solidified Nike's commitment to scientific research in sport, leading to products that are closely attuned to athletes' needs
Incorporating DTC Strategy with Nike Membership
Enhanced customer relations and loyalty through member-only exclusivities, thereby increasing sales and retention rates
Expanding into e-Sports
Tapped into a rapidly growing new sports sector, opening the door to youth cultures and gaming communities
Collaborating with Apple on Nike+ Running
Merged technology with fitness, creating an integrated platform that enhanced user experience and expanded market reach
Pursuing Acquisitions
Diversified Nike's product portfolio and entered new markets by acquiring companies like Converse and Hurley
Developing a Sustainable Business Model
Increased brand value by committing to environmental and social responsibility, attracting a new generation of conscious consumers
Championing the Equality Campaign
Strengthened brand activism by supporting equality in sports, which helped foster community support and advance social change
Introducing Flyknit Shoe Technology
Reinvented shoe manufacturing processes with less waste and improved performance, driving innovation and customer interest
Developing Nike By You Customization
Empowered customers to create personalized products, strengthening brand connection and driving engagement
Implementing the Nike Grind Program
Promoted sustainability and created a closed-loop business model, enhancing corporate social responsibility and brand image
Signing Michael Jordan
Created a cultural phenomenon with Air Jordans, leading to an unprecedented increase in sales and creating a legacy in basketball sneakers
Committing to Diversity and Inclusion
Improved company culture and market perception by supporting various social movements, leading to a more inclusive brand
Elevating Women's Sports Initiatives
Broadened its market by supporting and investing in women’s sports, gaining a foothold in a previously underrepresented segment
Focusing on Digital Transformation
Streamlined processes and improved customer experiences, resulting in increased operational efficiency and deeper market penetration
Initiating the Move to Zero Campaign
Conveyed Nike's dedication to zero carbon and waste, aiming to appeal to environmentally-conscious consumers and improve sustainability practices
Innovating with Sustainable Materials Like Nike Air
Furthered innovation in sustainability with the Nike Air soles made from at least 50% recycled materials, contributing to eco-friendly initiatives
Promoting the Active Schools Innovation Award
Invested in encouraging physical activity in schools, positioning the brand as a leader in fostering youth sports participation
Decision to Start Blue Ribbon Sports
Creation of Nike's precursor and establishing an American distributor for Onitsuka Tiger, leading to initial growth and brand establishment
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