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Nike Marketing Strategy: How to Build a Timeless Brand

Nike Marketing Strategy

We all think we know the classic Nike marketing strategy.

“Just do it” comes to mind pretty quickly, as do the swoosh logo. But is that really all there is to what Nike Marketing Strategy?

Discovering what first put them on the map is where the gold is. Like many similar success stories, it was as simple as providing real customer value.

How is @Nike Marketing Strategy: How to Build a Timeless Brand via @Revenue-Black

Table of Contents

1.The First Nike Marketing Strategy
2.How Nike’s Marketing Strategy Evolved
3.Modern Examples of Nike’s Benefit & Use-Centric Marketing
4.Nike’s Marketing Mix (The Four Ps)
5.How To Apply The Nike Marketing Strategy To Your Own Brand
6.Key Takeaways About Nike’s Marketing Strategy To Grow Your Brand
7.Selling Ideas, Not Products: Just Do It

The First Nike Marketing Strategy

Bill Bowerman was a track and field coach, as well as one of the co-founders of Nike. In the mid-1970’s, he began experimenting with his wife’s waffle maker to design a better tread for running shoes.

As the story goes, he ruined the waffle maker but invented a brand-new type of shoe.

He later used that design to create the first Nike shoe, commonly referred to as the “Nike Moon shoe.” It was the first step of many that put Nike on the map, but there is more to the story than just a great tread design and a waffle maker.

There’s also the story of Nike’s incredible, if not accidental and seemingly counterintuitive, approach to promoting their product.

Bowerman, you see, is also credited as the man who brought about the jogging craze that swept America in the late 1960s and 70s. While you would think that jogging wasn’t something that needed to be invented, it wasn’t all that popular as an exercise or activity at that time. Bill’s work and research truly brought jogging out of obscurity and to the forefront of the minds of the public.

After observing a jogging club in New Zealand, Bill began to understand the value of jogging as a traditional fitness routine. Bill immediately began writing articles and books about jogging and how it could be used as part of a fitness program. His first three-page pamphlet was called the Jogger’s Manual and was later expanded into a 90-page book that he wrote along with an experienced cardiologist.

1. Put Customer Interests First

Customers like great products and they like serious benefits. For them, things that benefit them personally are easy to justify. The Nike Moon shoes did this, but only because the customer was beginning to understand jogging and its benefits for their health. Bill’s secret goal wasn’t to sell shoes, he was simply promoting something that he believed in. This may not sound like a marketing strategy, but it certainly should.

2. Base Your Strategy On A Felt Need

Initially for Nike’s audience, the felt need wasn’t for better running shoes, but for a better way to get in shape. Certainly, running was already popular among kids and athletes in the 1970s, but it wasn’t the widespread social activity that we see today. The growing white-collar workforce helped pave the way for social activities that included the promotion of cardiovascular health. Once the trend was ingrained, the need shifted and the “jogging shoes” themselves became the felt need.

3. Believe In the Product You Are Selling

It’s unlikely that Bowerman’s original goal was to become a millionaire as he penned the pages of his first jogging pamphlet. That wasn’t why he did what he did. His only goal was to promote a sport and an idea that he believed in. As marketers, shouldn’t we believe in the product and the ideas we are selling? For Bowerman, it sure made marketing a lot easier, He was “marketing” without even realizing what he was up to.

4. Sell Easily Identifiable Benefits Instead Of The Product

While jogging is pretty easy to understand, the waffle tread isn’t (at least not until you understand why Bowerman made it in the first place). His goal was to make the world’s most light–weight running shoe. He believed that this factor alone could dramatically improve the speed of a distance runner. His product worked and quickly gained the industry respect that it deserved.

How Nike’s Marketing Strategy Evolved

As the marketing landscape has changed since the 70s, so has the Nike marketing strategy. In fact, it’s remarkable how well the brand has adapted its approach to new trends and technologies without losing the core of their identity or brand voice. It’s key to understand that while their general aesthetic and tactics have changed with the times, their customer-centric messaging has remained consistent.

1. Embrace New Technologies

While Nike’s early marketing strategy centered on print publications, they later went on to dominate other mediums, like television in the 80s and 90s, through modern social media platforms today.

2. Adapt To The Needs Of Your Audience

Nike hasn’t historically adopted new communication platforms for their marketing just because they’re chasing new, flashy objects. Far from it. Rather, they’ve been quick to conquer new mediums because they’re where their customers are. For example, take a look at their Instagram profile. They know their core demographic includes heavy Instagram users, and so it makes sense for their brand to maintain a presence there. However, they also make sure that everything they post provides value. Rather than interrupting the flow of their follower’s feeds with flagrant sales pitches, they share motivational messaging.

3. Stay True To Your Sense Of Purpose

They say the more things change, the more they stay the same. For Nike, that has certainly remained true. Throughout their current content marketing initiatives, Nike makes sure their brand message hasn’t gotten lost over time or across channels. They focus their emphasis on creating content that promotes the benefits of their products, rather than the features. Helping their customers be better at what they love to do is still the focus of their branding and message. By moving their content marketing to the platforms where their customers are, it shows that they are keeping their audience’s needs in mind while staying true to themselves. Nike’s marketing strategy has succeeded in sustaining a global brand while many of their competitors have come and gone from the spotlight.

Modern Examples of Nike’s Benefit & Use-Centric Marketing

Across all their channels, Nike’s marketing strategy has stayed consistent since their founding: promote the benefits and use cases for products, rather than the products themselves. Today, that looks a little different than it did when Bowerman first published his jogging pamphlet, but the general idea stays the same.

Nike on Instagram

Nike’s Email Marketing

Nike on TV

Nike’s Marketing Mix (The Four Ps)

While these promotional activities work well to help understand Nike’s marketing strategy, it helps to understand the marketing mix in which they are used.

Product

Nike sells sporting and athletic shoes, apparel, equipment, and accessories. The brand has also expanded into more fashionable clothing lines in recent years, though their niche is still athletic apparel.

Price

Nike implements both value-based and premium pricing strategies to price and sell their products. Value-based pricing uses consumer perception to determine the maximum price consumers are willing to pay for their products. Premium pricing, on the other hand, comes into play when you consider Nike’s use of celebrity endorsements and influencer marketing, which positions Nike as a premium brand which is worth paying premium prices for.

Place

Nike sells its products through three main sources: retail stores, Nike’s online store, and company-owned retail outlets. Using retail stores is an effective strategy for Nike because it allows them to meet their consumers where they are without investing exorbitant amounts of money opening a chain of brand-specific stores. Their online store allows for more options than retail stores, but are at a disadvantage because consumers are unable to see the products in person and try them out before purchasing. Nike’s retail outlets act as another way to reach customers, and often have lower prices than regular retailers. They are, however, limited in location and access to populations.

Promotion

Nike relies heavily on advertisements to promote their products, especially those featuring high-profile athletes and celebrities. Additionally, Nike makes use of sales promotion strategies like discount codes to entice potential customers to buy their products.

How To Apply The Nike Marketing Strategy To Your Own Brand

The history of Nike’s marketing strategy is interesting in itself. What you probably want to know at this point is how to apply these lessons to your own work.

1. Figure Out The Needs Of Your Audience

Your audience is on the Internet because they’re looking for answers to questions. One way to position your brand or blog as an authority on your topic or market is to create compelling content that addresses those concerns. Doing this well means understanding exactly what your audience’s goals are and what they want to know, and then being there to answer and give solutions when they need them. Do this well enough, and you might even turn readers into passionate brand advocates. In Nike’s case, people were looking for new ways to stay in shape. As jogging became more popular, people needed jogging shoes. Nike then smartly positioned themselves not just as a company that made shoes, but a company that helped their customers achieve their fitness goals (and just happened to make shoes that supported that goal).

If you’re unsure what your audience is really looking for, try putting yourself in their shoes for a moment (no pun intended) and think beyond the scope of your product or service. Instead of thinking about your product’s features or competitive advantages, think about what goal your customer is trying to achieve. Then, be there with the information, products, and services they need to make it happen. This means you need to do your research first.

2. Figure Out The Best Way To Reach Your Audience

In terms of your blog and overall digital marketing efforts, this means that you need to figure out where your audience hangs out on the Web and how you can best reach them there. Which social networks are they most active on? Should you pay to promote your content on those networks? Does an email newsletter make sense for your customers? Could print collateral be something they’re interested in? These are big questions to answer, but the key point to remember is that it’s important to go where your audience is. Before considering any content distribution tactic, think about your customer’s habits, what types of content they prefer, and where they prefer to find it. Make sure you’re thorough in your approach when it comes to doing everything you can to spread your content.

3. Create Compelling Content That Addresses Audience Needs

Whether it’s on your blog, social media channels, video platforms, or print collateral, every piece of content you create should address customer needs. Not only that, but you need to be creating the best content on your topic anywhere on the Web. If you’re not answering questions, solving problems, being entertaining, or otherwise helping your audience be better at doing what they love, then it’s time to rethink your approach. If you’re unsure of what your customer’s real needs are, consider everything from simple keyword research to surveys to get a better idea of what kind of content you can create that they’ll find valuable.

Key Takeaways About Nike’s Marketing Strategy To Grow Your Brand

If this all seems like a lot of information to take in, that’s because it is. If there’s just one thing you remember from this post, however, it’s the idea of creating content that spreads, instead of content that just sells.

The Benefits Of Not Selling

Here’s the cool thing: Bill didn’t sell shoes; he didn’t need to. Instead, he sold jogging and all the benefits that came with it. This should make us pause as marketers. Instead of selling our products, we should be selling the benefits that products like ours promote. Running shoes matter to people who jog, so selling them on jogging is always a good first step.

Good Content Marketing Doesn’t Sell, It Spreads

Content marketing is growing, and that usually brings fuzzy definitions that blur the lines between what something actually is and what it is becoming. It’s often pegged as a process rather than a technique, but content marketing doesn’t depend on a specific set of tools or a common workflow. It is about providing value and building trust with customers. Bowerman’s book built trust and provided immense value–a trait that naturally carried over to his products. He didn’t intend for the book to be used as content marketing, but because, with content, the lines between value and marketing are so blurry, marketing is exactly what he did.

Selling Ideas, Not Products: Just Do It

Bill Bowerman grew Nike from a pipe dream to a timeless brand by providing real value to his audience. He promoted something he believed in and, in the process, started a trend which lifted running into the mainstream of exercise. Yes, Nike’s shoes were his product. But rather than promoting his product, Bowerman sold knowledge and content catered specifically to the needs of his audience, uniting a community of like-minded individuals around his brand and thrusting Nike into the spotlight as a global brand. There’s a lot that goes into building a content marketing plan like Nike, but if you take anything with you from this post, let it be this: Strategy is great. Using keywords is smart. Social media is the future. But providing customers value, no matter the medium, will never go out of style.

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