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Nike Plus. StrengthsOne of a kindWell-establishedNike and Ipod Currently no existing competitionLarge percent of runners in America. WeaknessesHeart Rate MonitorRechargeable BatteryAuto Power SongArm BandSeparate Products. Nike Plus. OpportunitiesImprove FunctionalityUser friendlyGrowth Opportunities.
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1. R & W Consulting Group
3. Nike Plus Opportunities
Improve Functionality
User friendly
Growth Opportunities
Threats
New competition entering the market
Joint Venture fails
4. Target Market Older teenagers to young adults
16 to 35 years old
Most active age group
Technology savy
More likely to have an Ipod
Most of the time are health conscience
5. Nike Plus Demographics
Younger adults
Psychographic
Lifestyles
Geographic
5 major running cities
Behavioristic
Brand Loyalty
Benefit expectation
6. Nike Plus Product
Accessories sold seperately or as a package
Price
Insert and Attachment
Increase to $45.00
Armband
Decrease to $20.00
Place
Distribution Channels
Sporting Good Stores
Speciality Stores
Online
7. Nike Plus Promotion
Magazines
Specality
TV ads
Specility Channels
Online
Websites
Banners
Marathons
Promotional Tents
8. Nike Plus