1. Introduction
Nike, a well-known brand in sports footwear, clothing, and accessories, has made a name for itself as a market leader among young people. Since its founding in 1964, Nike has established a solid reputation for its cutting-edge merchandise, enduring branding, and effective marketing initiatives. The purpose of this essay is to examine the elements that have helped Nike succeed in the youth consumer market. Nike's success has been significantly influenced by its capacity to comprehend and relate to the wants and goals of the younger generation. Teenagers' buying behavior is aligned with the company's marketing objectives, which center on customization, self-expression, elevating social status, and fostering strong brand loyalty. Personalization and self-expression are prominent aspects of Nike's marketing approach. The brand offers a range of products that can be customized, allowing teenagers to showcase their unique style and personality. Nike also collaborates with renowned artists and designers to create limited-edition collections that resonate with young consumers' interests and aspirations. Enhancing social status is another focus of Nike's marketing strategy. By aligning itself with high-profile athletes, musicians, and celebrities, Nike enhances its brand image and desirability among teenagers. This association creates a sense of aspiration and social status enhancement among young consumers. Building strong brand loyalty is crucial for Nike's long-term success, and the company has achieved this through emotional marketing strategies. Nike's impactful storytelling initiatives inspire young people to push their limits and strive for greatness. By tapping into their emotions and desires for self-improvement, Nike has successfully built a deep connection and loyalty with its target audience. Additionally, Nike recognizes the importance of social media in reaching teenage consumers. The brand utilizes these platforms to create a sense of community, engage with their audience, and amplify their marketing messages. Nike's social media presence allows teenagers to interact, share their experiences, and feel like part of a larger brand community. While Nike has had great success in the youth consumer market, there are areas for improvement. With the increasing importance of social justice and environmental concerns among young consumers, Nike should address these issues more prominently in its marketing efforts. Emphasizing diversity, equality, sustainability, and responsible manufacturing practices can further strengthen the brand's connection with teenagers and align with their values. This paper takes Nike as the main research object, and discusses and analyzes its social marketing strategy for young people. The main research method is the literature analysis method. The author read a large number of consumer psychology, marketing related literature, and consulted relevant papers from China National Knowledge Network and other network channels, as a reference for this article.
2. Background Information of Nike
Nike, headquartered in Beaverton, Oregon, is a global leader in sports footwear, apparel, and equipment. Originally known as Blue Ribbon Sports, it was incorporated as Nike Inc. in 1971. The company operates through subsidiaries like Converse, Hurley, and Jordan Brand. Nike's iconic Swoosh logo, designed by Carolyn Davidson, debuted in 1971. Its mission is to inspire and innovate for every athlete, defining an athlete as anyone with a body. Notable Nike endorsers include Michael Jordan, LeBron James, Serena Williams, Cristiano Ronaldo, and Tiger Woods. Nike holds a significant market share, with around 27.8% in global athletic footwear and 9% in sports apparel. Key competitors include Adidas, Under Armour, Puma, New Balance, and Skechers. Nike's success is attributed to its innovative products, strong brand equity, effective marketing, and collaborations with athletes and celebrities. The company's commitment to corporate social responsibility and sustainability is evident through initiatives like the Nike Grind program.
2.1. Nike's Personalized Products and Collaborations with Artists
First of all, Nike meets the personalized needs of young consumers by launching customized sports shoes and clothing. These customized products can be purchased through Nike's website or physical stores, and consumers can choose colors, designs and other aspects for personalized customization. In addition, Nike also cooperates with some well-known artists, such as the Off-White x Nike series with Virgil Abloh, or the Air Jordan series with Travis Scott, to attract young consumers through these cooperative projects.
2.2. Nike's Social Media and Offline Activities to Build Social Status
Secondly, on social media, Nike publishes various types of content, including cooperation projects between athletes and artists, live events, brand activities and so on. Nike also has a huge number of fans on social media platforms, for example, it has more than 100 million fans on Instagram. In addition, Nike also holds various offline activities around the world, such as running competitions, concerts and art exhibitions around the world. These activities have attracted the attention and participation of young consumers, further enhancing the social status of Nike's brand.
2.3. Nike's Emotional Marketing Strategies to Build Brand Loyalty
Finally, Nike builds brand loyalty through emotional marketing, such as rolling out motivational campaigns that resonate with younger consumers. One of the most famous emotional marketing campaigns is the "Just Do It" series of advertisements. The theme of this campaign is to inspire young people to dare to try and break through themselves. In addition, Nike has launched other emotionally resonant advertisements, such as the "Dream Crazy" series of advertisements, telling the stories of some people who broke the rules and bravely pursued their dreams. These ads resonate with young consumers, making them fonder of the Nike brand and building brand loyalty.
To sum up, Nike is very successful in the youth consumer market. By focusing on product personalization and self-expression, building social status and building brand loyalty and other characteristics and marketing strategies, Nike has successfully attracted the attention and loyalty of young consumers and has become a dark horse in the youth consumer market.
3. Consumer Psychological Analysis
3.1. Meeting Personalization and Self-Expression Needs
In order to strengthen personalization and self-expression, Nike can meet the individual needs of consumers by launching more customized products [1]. For example, Nike can provide an online customization platform that allows young consumers to design unique shoes, clothing or accessories according to their preferences and styles. Such customized services will allow young consumers to feel their distinctive personality and uniqueness, and satisfy their desire for individual expression.
In addition, Nike can cooperate with more well-known artists and athletes. They are not only fashion vanes, but also provide inspiration and role models for young consumers [2]. Nike can invite them to participate in the product design process, or collaborate with them to design unique joint styles. Such cooperation will bring young consumers an emotional connection with their favorite artists and athletes, and stimulate their interest in and identification with Nike brands and products.
3.2. Enhancing Social Status
In order to enhance social status, Nike can cooperate with more well-known athletes and celebrities to create a stronger brand social status and attract young consumers [2]. The influence and popularity of the partner will bring greater exposure to the Nike brand and establish brand-related social value and identity among young people. For example, Nike could collaborate with top soccer players to launch a signature collection that would spark enthusiasm among young soccer fans and make them feel connected to their idols.
In addition, Nike can actively carry out social media activities and offline activities to interact with young consumers and form a closer connection [2]. Nike can interact and discuss with young people by sharing content about sports, fashion and trends with them on social media platforms. At the same time, Nike can also organize offline activities on university campuses and places where young people gather, such as street basketball games, music performances, etc., to communicate face-to-face with young people and let them feel the social influence of the brand.
3.3. Building Stronger Brand Loyalty
To build stronger brand loyalty, Nike can launch more loyalty programs and offer more exclusive products to loyal customers [3]. Nike can set up a membership system to provide members with privileges such as exclusive discounts, birthday gifts, and early purchase rights, so that young consumers can feel the close connection and special treatment with the brand.
In addition, Nike can create more emotional marketing activities to stimulate the emotional resonance and brand identity of young consumers by telling touching brand stories, closely integrating with social issues, and conveying positive energy [3]. For example, Nike can pass on the positive energy of hard work, persistence and pursuit of dreams to young people by launching advertisements themed with athletes' struggle stories. Such emotional marketing activities will allow young consumers to establish a deeper emotional bond with the Nike brand, and are willing to support and purchase Nike products for a long time.
3.4. Chasing Trends and Fashion
It is a very common psychological demand for young consumers to pursue fashion and follow trends. In order to meet their needs, Nike can focus on the fashion of design and style when launching new products. By keeping up with fashion trends, Nike can attract the interest of more teenage consumers and make them think that buying Nike products is a way to catch up with fashion.
In addition, Nike can cooperate with designers or brands in the fashion industry to launch joint series or limited edition products. These products that cooperate with the fashion industry will give young consumers a sense of being in line with the fashion industry, making them feel that buying Nike is pursuing recognition and recognition in the fashion field [4]. This will also increase their goodwill and loyalty to the Nike brand.
3.5. Emphasizing Product Quality and Performance
Teenage consumers usually have higher requirements for product quality and performance. When buying Nike products, they pay more attention to the comfort, durability and performance characteristics of the shoes. In order to meet this psychological need, Nike can strengthen the control of quality and performance in the product design and manufacturing process, and emphasize these advantages through publicity and marketing. Nike can cooperate with professional athletes to prove the high quality and excellent performance of the products through their experience of using them. Such publicity will increase the trust and purchase intention of young consumers on Nike products.
3.6. Exploring Personal Identity and Escapism
Teenage consumers also have a psychological need to explore personal identity and escape reality when purchasing Nike products. Nike can use marketing to create an emotional connection that buys Nike products to bring courage, confidence and self-identity. By creating an image that encourages challenges and self-breakthrough in publicity, Nike can allow young consumers to connect the purchase of Nike products with personal growth and self-realization [5]. Such an emotional connection will give young consumers a sense of escapism and self-transcendence, thereby increasing their recognition and loyalty to the Nike brand.
Analyze teenage consumption of Nike brand or products by enhancing personalization and self-expression, enhancing social status, building stronger brand loyalty, chasing trends and fashion, emphasizing product quality and performance, and exploring personal identity and escapism Psychology, author can fully understand their needs and mentality, so as to formulate effective marketing strategies and enhance the brand's competitiveness in the youth consumer market [5].
4. Marketing Strategy Analysis
4.1. Analyzing Nike's Current Marketing Strategies
Nike has successfully captured the consumption psychology of teenagers and met their needs through various marketing strategies. The brand's "Just Do It" campaign has resonated with teenage consumers by tapping into their desire for self-expression and motivation. The campaign encourages individuals to push their limits and achieve their goals, which aligns with the aspirations and ambitions of teenagers. Nike's emphasis on promoting a healthy and active lifestyle also appeals to teenage consumers who are increasingly conscious about their physical well-being [6]. By showcasing powerful and inspiring images of athletes, Nike encourages teenagers to participate in sports and physical activities, reinforcing the idea that wearing Nike products can enhance their performance and help them achieve their fitness goals. Furthermore, Nike has recognized the significance of social media in reaching teenage consumers [6]. The brand has effectively utilized platforms such as Instagram and TikTok to connect with young consumers and create a sense of community around the brand. Nike's social media campaigns often feature user-generated content, allowing teenagers to share their own experiences, thereby fostering a sense of belonging and engagement. However, Nike's marketing strategies have received criticism for their heavy reliance on celebrity endorsements. Some argue that this focus on celebrity influencers may not fully address the needs and aspirations of teenage consumers in today's socially conscious environment. Teenagers now seek brands that reflect their values and take a stand on social issues such as racial equality and sustainability. Nike has made some efforts to address these concerns, such as its collaboration with Colin Kaepernick to promote social justice, but there is still room for improvement.
4.2. Expanding Personalization and Self-Expression Options
While Nike already offers a range of products that allow for self-expression through their designs and styles, the brand could further expand its offering by introducing more customization options. Nike could provide online platforms or physical stores where teenage consumers can personalize their shoes, apparel, and accessories according to their preferences and tastes. This would enable them to truly express their individuality and stand out from the crowd. Additionally, Nike could collaborate with emerging artists and designers to launch limited edition collections that appeal to the creative sensibilities of teenage consumers. These collaborations would not only provide unique and exclusive products but also connect Nike with the vibrant artistic community, thereby further establishing the brand as a platform for self-expression.
4.3. Strengthening Social Status
Nike's marketing strategies have effectively enhanced the social status aspect of their products, especially through their celebrity endorsements. Collaborating with high-profile athletes, musicians, and artists helps Nike establish a connection with teenage consumers, who often look up to these figures as role models and influencers. By associating itself with these icons, Nike elevates its brand status and attracts the attention and admiration of teenage consumers. To further enhance their use of social status, Nike could focus on creating limited edition releases. By releasing a limited number of products with unique designs, Nike would create a sense of exclusivity and scarcity, driving up demand among teenage consumers who strive to possess rare and coveted items. This strategy could generate a sense of pride and social validation among those who manage to obtain these limited edition products, reinforcing Nike's image as a brand that confers social status.
4.4. Strengthening Brand Loyalty
Nike has already taken steps to strengthen brand loyalty by establishing a sense of community around its products. Nike's NikePlus membership program provides exclusive benefits such as early access to product launches, personalized recommendations, and members-only events [7]. This program allows teenage consumers to feel special and valued, further ingraining loyalty to the brand [7]. To enhance brand loyalty, Nike could invest more in emotional marketing by connecting deeply with the values and aspirations of teenage consumers. By incorporating narratives that resonate with their experiences, Nike can foster a stronger emotional bond with its target audience. For example, Nike could highlight stories of teenage athletes who have overcome adversity and achieved success, inspiring young consumers to believe in themselves and their ability to overcome challenges [8]. In conclusion, Nike's marketing strategies have largely succeeded in capturing the consumption psychology of teenage consumers and satisfying their desires and needs. However, there is room for improvement in areas such as addressing social issues and diversifying the range of customizable options [8]. By continuously adapting to the changing landscape of teenage consumer preferences and aspirations, Nike can ensure its long-term success in this competitive market.
5. Suggestions
5.1. Advocating for Social Justice Causes
To address social justice issues, Nike should focus on creating campaigns that advocate for diversity, inclusion, and equality. This may include partnering with organizations that advocate for social justice causes, as well as creating products that support those causes. In addition to cooperating with star athletes, Nike can cooperate with social activists and non-profit organizations to jointly advocate equality, anti-discrimination and social justice. This kind of cooperation can not only increase the brand's resonance with young consumers, but also convey Nike's image as a socially responsible brand.
5.2. Promoting Environmental Sustainability
In order to address environmental issues, in its marketing strategy, Nike should focus on creating sustainable products and promoting environmentally friendly practices. This can include using recycled materials in products and promoting recycling and waste reduction among consumers [9]. Nike can highlight its sustainability efforts, such as improving supply chain sustainability, reducing emissions, promoting a circular economy, and more. In addition, Nike can also cooperate with environmental protection organizations to jointly promote the popularization of environmental protection awareness, and launch special activities related to environmental protection themes to attract young consumers and actively respond to their concerns about environmental issues [9].
5.3. Emphasizing Innovation in Product Development and Supporting Young People's Creative Exploration
In order to remain relevant and meet the needs of teenage consumers, Nike should emphasize innovation in its marketing strategy. This includes creating products that incorporate new technologies and materials, as well as communicating the brand's commitment to innovation and progress. Nike can showcase its leadership in product development by rolling out collaborative projects with technology and science partners, as well as innovative industry leaders. This can not only attract young consumers with the spirit of exploration, but also promote their continued interest and loyalty to Nike's new products. In addition, Nike can also encourage and support young people to explore and innovate, and cooperate with schools or communities to provide resources and opportunities to guide them to develop technology and creativity [10]. This initiative to support innovation will increase Nike's connection with teenage consumers and further strengthen the brand's leading position in this target market [10]. By addressing social justice issues, environmental concerns and emphasizing innovation, Nike can improve its marketing strategy to better meet the needs of teenage consumers and build deeper relationships with them. These moves will strengthen Nike's brand image among its younger target groups and ensure its long-term success in a highly competitive market.
6. Conclusion
The findings suggest that Nike should strengthen and broaden its appeal to teenagers in some areas. Nike may first increase inclusivity by providing a larger choice of sizes and styles to accommodate various body shapes and preferences. This will ensure that all teens feel represented and included in their products. Additionally, Nike can invest in research and development to create innovative and sustainable materials for its products that address environmental issues. Increased transparency in supply chains and manufacturing processes will also demonstrate their commitment to ethical and environmentally responsible practices. In addition, Nike can enhance its social impact by actively engaging in initiatives that address social issues outside of marketing activities. This may involve working with organizations that focus on education, community development or youth empowerment. By actively contributing to social causes, Nike can demonstrate its commitment to making a positive impact in the lives of young consumers. In terms of digital engagement, Nike can explore interactive and immersive experiences through technologies such as virtual reality or augmented reality. This will create a unique and memorable brand experience for teenage consumers. Leveraging emerging technologies such as gamification or mobile apps will also enable Nike to create engaging and personalized experiences. Second, ongoing collaborations with different artists, designers and influencers will help Nike open up new markets and reach a wider audience. These collaborations will also help Nike keep up with the latest trends and maintain its status as a fashion-forward brand. All in all, Nike has successfully captured the attention and loyalty of teenage consumers through various marketing strategies. By focusing on personalization and self-expression, Nike allows young consumers to customize their products to reflect their individuality. Social media engagement and offline activity help build a sense of community and social status around a brand. Emotional marketing campaigns, such as the iconic "Just Do It" collection, resonate with young consumers, inspiring them to follow their dreams. The results of this study will help teenagers have a clearer understanding of sports product advertisements and help them choose brands and products more efficiently; this study will also help the marketing department personnel of other sports brand companies to analyze and understand Nike's marketing strategy. In future research, more horizontal comparisons of marketing strategies between different brands should be added.
References
[1]. Kokkinofta, K., Tsaliki, P. (2021) Nike Marketing Strategies and the Youth Consumer Market: An Analysis of Brand Loyalty and Consumer Behavior. Journal of Marketing and Consumer Research, 68, 67-78.
[2]. Kim, K., Yang, Y. (2019) Social Media's Impact on Brand Loyalty in the Sportswear Industry: A Comparative Study of Nike and Under Armour. Journal of Business Research, 96, 365-376.
[3]. Gambetti, R. C., Graffigna, G. (2020) Emotional Brand Attachment and Brand Loyalty: A Theoretical and Empirical Analysis. Journal of Consumer Marketing, 37(6), 651-662.
[4]. Bin, S., Cai, Z. (2020) The Impact of Brand Image and Brand Personality on Brand Loyalty: Evidence from Sports Shoes Brands in China. Journal of Business Research, 116, 84-94.
[5]. Dey, A.K., Sahoo, S. (2021) Millennials' Social Media Engagement and Their Brand Loyalty in the Sportswear Industry: A Study of Nike and Adidas. International Journal of Applied Management Science, 13(1), 18-38.
[6]. Wang, C. (2015) Research on Nike's Social Media Marketing Strategy. Beijing Sport University.
[7]. Wang, S.Y. (2018) Research on Marketing Reform of Sporting goods Enterprises in the era of Big Data. Chengdu University of Physical Education,.
[8]. Jiang, L., Li, H.J., Zou, J.H. (2016) A Comparative Study on the Marketing of First-line Sporting Goods Brands at Home and Abroad: A Case Study of Nike, Adidas, Li Ning and Anta. Journal of Hebei University of Physical Education, 30(06), 14-21.
[9]. Zhu, X.T. (2016) Brand Communication under Scene Revolution. Anhui University.
[10]. Ji, S.N. (2019) Research on Marketing Strategy of Sports Goods Industry Event Marketing. Beijing Sport University.
Cite this article
Guo,S. (2023). Analysis of Nike's Marketing Strategy Based on Adolescent Consumer Psychology. Advances in Economics, Management and Political Sciences,48,288-295.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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References
[1]. Kokkinofta, K., Tsaliki, P. (2021) Nike Marketing Strategies and the Youth Consumer Market: An Analysis of Brand Loyalty and Consumer Behavior. Journal of Marketing and Consumer Research, 68, 67-78.
[2]. Kim, K., Yang, Y. (2019) Social Media's Impact on Brand Loyalty in the Sportswear Industry: A Comparative Study of Nike and Under Armour. Journal of Business Research, 96, 365-376.
[3]. Gambetti, R. C., Graffigna, G. (2020) Emotional Brand Attachment and Brand Loyalty: A Theoretical and Empirical Analysis. Journal of Consumer Marketing, 37(6), 651-662.
[4]. Bin, S., Cai, Z. (2020) The Impact of Brand Image and Brand Personality on Brand Loyalty: Evidence from Sports Shoes Brands in China. Journal of Business Research, 116, 84-94.
[5]. Dey, A.K., Sahoo, S. (2021) Millennials' Social Media Engagement and Their Brand Loyalty in the Sportswear Industry: A Study of Nike and Adidas. International Journal of Applied Management Science, 13(1), 18-38.
[6]. Wang, C. (2015) Research on Nike's Social Media Marketing Strategy. Beijing Sport University.
[7]. Wang, S.Y. (2018) Research on Marketing Reform of Sporting goods Enterprises in the era of Big Data. Chengdu University of Physical Education,.
[8]. Jiang, L., Li, H.J., Zou, J.H. (2016) A Comparative Study on the Marketing of First-line Sporting Goods Brands at Home and Abroad: A Case Study of Nike, Adidas, Li Ning and Anta. Journal of Hebei University of Physical Education, 30(06), 14-21.
[9]. Zhu, X.T. (2016) Brand Communication under Scene Revolution. Anhui University.
[10]. Ji, S.N. (2019) Research on Marketing Strategy of Sports Goods Industry Event Marketing. Beijing Sport University.