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Psychology of Business - Nike She Runs

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Submitted By sianmabbott
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A Psychological Perspective
Synopsis Exam

Exam Question: “Today business and organizations have to function within a globalized, diverse, highly competitive and rapidly changing market. This calls for new approaches, strategies, organizations and understandings. Based on a relevant case/problem, account for and discuss how a psychological perspective can qualify those.”

Hand in date: 8th May 2014
Julie Ingemann Jensen
3 Pages
Copenhagen Business School 2014

Nike currently stands as a dominant leader in the global athletic retail industry. Particularly amongst females Nike is seen as a popular choice for apparel yet has had trouble solidifying itself as a top choice for footwear, with competitor ASICS seen as the preferred running shoe choice. Nike recognised this market opportunity to increase shoe sales by targeting the female runners who were not previously reached out to. They did this through the Nike She Runs campaign, which began in 2012. The campaign involved a series of women only races that kicked off in Sydney, Australia, as well as an extensive social media and marketing campaigns that promoted discussion and a sense of community among female runners. It has now expanded to reach global recognition across 11 countries and continues to thrive amongst women today. The campaign has received several awards as well as significant qualitative and quantitative benefits. The main objective was to enhance females’ perception of Nike and for them to associate the brand with high quality footwear and female empowerment.
As the market for female athletic wear continues to grow, Nike have to be innovative and constantly adapt to the changing market environment. Therefore, this paper will analyse how Nike is able to remain competitive in a dynamic and highly competitive industry. Ultimately, it will examine what makes the Nike She Runs campaign

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