Nike History Essay

1315 Words6 Pages
History of the brand Nike is the English version of the name of the Greek goddess Nike, which, according to legend, helped the Greeks to win on the battlefield. The American company Nike has transferred this meaning to their products - shoes, which help to achieve great sporting achievements. History of the brand had started with a search for the founders of the niche of sports footwear in the US market, which was free that time. In the early 60-is of Bill Bowerman and Phil Knight founded the company, the initial capital of it was $ 1,000. Phil Knight decided to develop high quality sports shoes in the United States, produced in Asia and sold in the United States. The company originally existed under the name Blue Ribbon Sports, but in 1971…show more content…
According to legend, this idea dawns on him in the kitchen when he looked at his wife's waffle iron. The "Waffle" of Nike soles help to win at the end of the 70s, 50% of the sports shoe market in the United States. In the mid-80s among the Americans cult of the body, it was particularly popular, so sports clothes and shoes bought in large quantities. Nike supported the desire of consumers to healthy lifestyles with the help of advertising. Advertising of Nike has become so recognizable that the company ceased even to specify the company name, as the logo was enough. Thanks to an advertising campaign «Just Do It» in the early 90's, Nike has achieved unprecedented success and even became a new brand of religion that has allowed it to take its place among such staunch consumer market giants like Coca-Cola, Gillette, and Proctor &…show more content…
It worries not only to increase sales, but also about the development of sport for the common good. For example, an advertising campaign titled "If you know how to play" aims to promote the participation of women in various sports, it shows the benefits that accrue to girls and young women from sports. Nike invests in the development of the less popular sports, despite the fact that the possibility of making a profit there is much less. Such actions help to strengthen the opinion that the company is not only a manufacturer of high quality sports equipment, but also a company that cares about its customers. Thus, it is an additional competitive
Open Document