Product development from concept to consumer Nike is the world's largest sports and fitness company, earning $US14 billion in revenue. The company, with one of the world's most identifiable logos - the 'swoosh', is a leader in sports equipment research and development (R&D). Nike identified a gap in the sports shoe market - a shoe which mimics barefoot running in order to strengthen runners' feet and legs, giving them more power and speed while reducing…
Learning Area(s): |
- Business Environment | Mission and Objectives
- Entrepreneurship/Innovation | Fostering innovation within business
- Entrepreneurship/Innovation | Innovative business
- Entrepreneurship/Innovation | Product/service innovation
- Marketing | Market research methods/analysis
- Marketing | Marketing analysis and segmentation
- Marketing | Product development
- Marketing | Promotion strategies and their application
|