Nike Inc. has been apart of the athletic apparel market ever since its
inception as Nike Inc. on May 30th, 1971, and has always been known for
innovating and making better a product that already exists. Bill Bowerman the
co-founder of Nike started his run of product concepts back when he
would pull apart the then modern running shoes of his day and try and
see how he could make them lighter while at the same time not losing the
durability and flexibility that a running shoe has to offer the
athlete. Bowerman was always striving to make the current running shoe
better in his day, and had that attitude to make better and innovate an
existing product throughout his company. Innovation is a very important
factor, probably the most important when it comes to Nike's product
concept approach. Personalized collections lie in that field of their
concepts as well, having athletes from various sports custom design
products for Nike to sell to consumers.
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Kobe Bryant Nike Ad |
Nike through its sale of sneakers is probably the biggest of products
for them, as they draw the most attention and bring in the most revenue
for the company. Nike preaching innovation is well applied as Nike is
able to instill and put forth the best and latest fashionable,
technological and design trends and patterns and directions that are
"in" in today's world and today's consumer base. One thing Nike does
well is having a series of numerous top athletes being represented by
them, and having them design apparel and especially sneakers for them to
sell. The Nike basketball shoes sold by them that are designed by and
represent stars such as Kobe Bryant, LeBron James and Kevin Durant sell
especially well.
They have their super
star athletes sit down with a designer and they then go ahead and
design the sneaker and select the color ways and everything from the
laces to the sole of the sneaker and put it out for the consumer. The
fact that Nike has these athletes design these sneakers personally not
only makes the sneaker more appealing to consumers, but gives it more
reason to be purchased.
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Concept of A shoe |
The designs of these players are very unique as most of their designs
have a story or a meaning behind them as well as a direction for the
consumers, which most other athletes from other companies do not have or
really apply. The personal ties and stories and the personalization
done by them is huge for Nike's product concepts. Kevin Durant
especially always has a personal tie and a back story and a direction
for the consumer's feeling to why and how he designed a certain sneaker
and gave it certain colors and features, and offers his personal story
to it. As all these factors play in, Nike's shoes I would consider to be
a shopping product, as consumers are constantly looking up info on them
and are willing to spend more on them, as these products are more
expensive than others and are not found in all stores or are hard to
find or only have limited availability. Nike is always updating and
modifying and improving their products on a regular basis, and releasing
new sneakers as often as possible. For example, every winter Nike will
release a newly designed line of sneakers for the winter season, and
does the same for the summer season as well. They are constantly making
new and improved designs available for a consumer. As well as the actual
design of the shoe Nike keeps intact the idea of using environmentally
safe and beneficiary materials when making sneakers, as most of the
materials they use in the designing are from recycled sneakers.
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