Summary, the target markets for Nike’s Zoom Vaporfly Elite and Zoom Vaporfly 4% shoes are examined. Since its inception, Nike has focused on athletes—both professional and leisure. The two different Vaporfly sneakers are targeted to these two different groups. In addition, Nike targets professional basketball players and weekend athletes with branded product lines by Michael Jordan and LeBron James. Nike also targets “sneakerheads”—consumers who are sneaker enthusiast by offering limited edition shoes. The Nike app Snkrs keeps sneakerheads informed on new releases. By constantly evaluating data regarding its customers, Nike can pinpoint all of its target markets and find new ways to appeal to different types of consumers.

Questions
1. When Nike segments the market for athletic shoes, what types of variables is it using? Why are these variables appropriate?
2. Is Nike using a differentiated, an undifferentiated, or a concentrated strategy for targeting buyers of athletic shoes? Explain your answer.
3. How should Nike assess competitors that market to the segment of consumers who buy high performance running shoes such as the Zoom Vaporfly?

Answer rating: 100% (QA)

Nike 1 a Nike is using demographic segmentation to target the individuals according to their age gender lifecycle occupation and generation The sports market is broad and Nike has worldwide customers ... View the full answer