Professional Documents
Culture Documents
PoM - Final Project
PoM - Final Project
Mission Statement
1.1. Company Introduction
1.1.1. Overview
1.1.2. Company's mission
“To bring inspiration and innovation to every athlete* in the world, emphasizing the
belief that everyone has the potential to push their limits and achieve greatness.
1.1.3. Nike‘s vision statement
1.2. About our new product - Nike's Cooling Spray: Nike AirFrost
1.2.1. Overview
1. 2.2. Key Features - Put in 4Ps - PRODUCT
1.2.3. Our SDGs goals
1.3. Plan requirement
2. Marketing Objectives
1. Mission Statement
1.1. Company Introduction
1.1.1. Overview
- The company was founded by William Jay Bowerman and Philip H. Knight in 1964 and
is headquartered in Beaverton, OR.
- A globally-renowned brand that has established itself as a leader in the sports and
lifestyle industry. With a rich history and a commitment to innovation, Nike has
become synonymous with quality, performance, and style.
- Nike offers a diverse range of products that cater to athletes of all levels, from
professional athletes to sports enthusiasts and everyday individuals seeking comfort
and style. The brand's extensive product line includes footwear, apparel, accessories,
and equipment for various sports such as running, basketball, soccer, tennis, and
more.
(*"If you have a body, you are an athlete." - Bill Bowerman, Nike Co-Founder)
1.2. About our new product - Nike's Cooling Spray: Nike AirFrost
1.2.1. Overview
Crafted with care using premium organic ingredients, Nike AirFrost is designed to
provide a refreshing and invigorating experience for both children and adults. It's the
perfect companion for post-exercise cooldowns, after-school activities, and
everyday adventures.
● Goal 3: Good Health and Well-being: Nike AirFrost promotes good health and
well-being by providing a refreshing and invigorating experience.
● Goal 12: Responsible Consumption and Production: Nike AirFrost is committed
to responsible consumption and production practices. It utilizes organic
ingredients, reflecting sustainable sourcing and reducing environmental impact.
● Goal 13: Climate Action: Nike AirFrost contributes to climate action through its
sustainable design and production. The use of organic materials helps reduce
greenhouse gas emissions and supports environmentally friendly cooling
solutions, promoting a more sustainable future.
2. Marketing Objectives
- Enhance customer engagement: Increase customer engagement with the new
product by 50% within six months through interactive content, social media
engagement, and customer feedback initiatives.
- Achieve revenue targets: Generate NT$10 million in sales revenue from the product
within the first year by implementing effective pricing strategies, sales promotions,
and strategic partnerships.
- Expand market reach: Enter two new geographic markets within the first year,
targeting regions where there is significant demand for the product, and achieve a 15%
market share in each of these markets.
Executive Summary
Nike AirFrost marketing campaign aims to create a successful product launch and
establish a strong market presence. The key strategies include targeting the active and
sports enthusiast segment, operating digital and social media platforms for promotion,
collaborating with influencers and athletes, and implementing effective pricing and
distribution strategies.
1. Product Overview
Nike AirFrost is a cooling spray designed to provide instant relief and
refreshment to athletes during intense physical activities. It utilizes innovative
technology to deliver a burst of cooling sensation, enhancing performance and
recovery.
2. Target Market:
The primary target market for Nike AirFrost is active individuals, sports
enthusiasts, and athletes across various age groups. The focus will be on those
engaging in outdoor sports, gym workouts, and intense physical activities.
5. Pricing Strategy
The pricing of Nike AirFrost will be based on a value-based approach,
considering factors such as production costs, value, and target market
affordability.
6. Distribution Channels
Nike AirFrost will be made available through multiple channels, including
Nike's online store, authorized retail partners, and select sporting goods
stores.
In conclusion, Nike's Cooling Spray, Nike AirFrost, aims to capture the active and
sports enthusiast market by highlighting innovative product features, strategic
branding, effective promotional campaigns, and a well-planned distribution
strategy. By focusing on customer needs and preferences, Nike intends to
establish AirFrost as a leading cooling spray brand in the market.
Budgeting
We have distributed the total budget in five divisions according to the campaign goals
and target audience.
· Creative Content marketing 25% (Social media tools, posts, case studies,
guides, videos, graphics, social media stories, photos)
· Paid ads 30% (posters, billboards tv, radio, newspapers, magazines, pay per
click and social media advertising)
· Public relations and events: 10% (blogger events, Collaborations with gyms