Sunday, December 9, 2012

Segmenting and Targeting Markets


Nike identifies the market and segment depending on the product that they are selling. Nike mainly utilizes Demographic Segmentation in order to sell their products. To do so Nike focuses on creating premium consumer experiences on product innovation, brand leadership and elevated retail presence. Nike is targeting further geographic expansion and farther marketing penetration in all regions. The company has been known to invest heavily in advertisements and brand promotion. Nike's big sport by all means has to be basketball which ever way you look it its where Nike builds its popularity although they do gain some credit for tennis and running but basketball by all means is Nike's key sport.

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