Provide a summary of marketing tactics & strategies currently used by Nike. Provide an overview of...

60.1K

Verified Solution

Question

Psychology

Provide a summary of marketing tactics & strategiescurrently used by Nike. Provide an overview of the marketingstrategies -- how resources are allocated and utilized. You maywant to create a list of tactics in use with a short summary of howeach tactic is used in your organization today.

Answer & Explanation Solved by verified expert

4.0 Ratings (546 Votes)

Nike is undoubtedly one of the best companies who is achieving greater heights due to its marketing strategies This company understands its target market like nobody else However this does not mean that the target market is small in size This market ranges to all age groups and for both men and women The strategy that NIke uses is that it sells an idea and not a product The idea is being cool and being fit with the innovative exciting products that NIke presents The psychological understanding behind See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member