Marketing<\/p>\n
Students Name<\/p>\n
Institution of Affiliation<\/p>\n
Course Title<\/p>\n
Date<\/p>\n
Product ideas for Nike <\/p>\n
1. Develop game apps<\/p>\n
2. Venture into the smart hardware industry<\/p>\n
3. Host TV shows for marathon or contests<\/p>\n
4. Host enthusiast sports events <\/p>\n
5. Establish specialty gyms like rock climbing <\/p>\n
6. Venture into nutritional and health advice business <\/p>\n
7. Manufacture sports bikes and sport cars<\/p>\n
8. Sponsor and hold events like rallies <\/p>\n
9. Invest in building sporting grounds for hire <\/p>\n
10. Sponsor young talents <\/p>\n
Best idea<\/p>\n
Manufacture sporting bikes and cars<\/p>\n
Nike ventures in promoting sports and therefore the concept of manufacturing sports bikes and sporting cars is in line with their field. The introduction of the Nike bikes and Cars manufactured explicitly for racing will attract more customers to the field of sports for entertainment and healthy fitness. <\/p>\n
Target market<\/p>\n
The target market for these products will be specifically for people who particular don\u2019t participate in gaming events like footballs and athletics but are interested in safari rallies as well as bike racing. Besides those who wish to ride bikes for fun. Overall the product targets the general population, especially for the bikes.<\/p>\n
Market and advertisement<\/p>\n
The two products will be advertised through the media such as TV shows, social media and also through brand ambassadors in various parts of the world. Customer loyalty will also play a significant role in the marketing of the products since millions of customers have trusted the Nike Company for their quality.<\/p>\n
The brand name for the products<\/p>\n
The product names will be: \u2018Nike Bikes\u2019 for the bikes and \u2018Nike Safaris\u2019 for the sports cars. <\/p>\n
Test market<\/p>\n
The test market will be among the willing volunteers who will test the product and comment on product satisfaction, and they will include people in the racing sports. <\/p>\n
Commercialization<\/p>\n
The products will commence it sales after test and the complete satisfaction of the simulating pioneers. The volunteers will each be awarded either a bike or a car depending on the sporting field. Afterwards, the products will start commercialization through pre-order until the market is already aware of the product. Later, there will be mass production of the products that will be ferried at various Nike deports all over the globe.<\/p>\n","protected":false},"excerpt":{"rendered":"
Marketing Students Name Institution of Affiliation Course Title Date Product ideas for Nike 1. Develop game apps 2. Venture into<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-51778","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\n