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Nike / Sears / Kmart

 
< P > T h e S e a r s - K m a r t m e r g e r h o p e s t o f a b r i c a t e s o m e s o r t o f s i l v e r l i n i n g f o r b o t h r e t a i l e r s b u t i n s t e a d s e e m s t o e m b o d y t h e i n e v i t a b l e p h i l o s o p h y o f " g o i n g d o w n t o g e t h e r . " K m a r t , a n a l r e a d y s i n k i n g s h i p , c e r t a i n l y w o r s e n s c o n d i t i o n s f o r S e a r s , a n d S e a r s d o e s n o t h a v e a s t r o n g e n o u g h c u r r e n t t o k e e p K m a r t a f l o a t w h e n t h e r e a r e e n t e r p r i s e s l i k e W a l * M a r t a n d T a r g e t c o n s t a n t l y b l a s t i n g h o l e s i n t h e s t e r n w i t h b r a n d m e s s a g e s o f " s m a r t a n d c l a s s y . " < / P > < P > O n t h e o p p o s i t e e n d o f t h e b r a n d i n g s p e c t r u m , N i k e s i t s a t t h e t o p o f t h e t o d e m a n d w a t c h e s t h e p l e t h o r a o f o t h e r b r a n d s s t r u g g l i n g b e n e a t h . N i k e i s t h e o n l y b r a n d o f s h o e f o r w h i c h p e o p l e a r e w i l l i n g t o p a y t w o t o t h r e e t i m e s m o r e j u s t t o b e a r t h e s w o o s h e m b l e m i n t h e g y m . N i k e i s t h e o n l y a t h l e t i c b r a n d c r e a t i n g n e w a n d o r i g i n a l a d v e r t i s i n g ( i . e . t h e N i k e P r o A p p a r e l " W a r r i o r s " c a m p a i g n ) w h i l e A d i d a s , R e e b o k , P u m a , N e w B a l a n c e , a n d c o u n t l e s s o t h e r s a t t e m p t t o " b e l i k e M i k e " a n d c o p y c a t c o n c e p t s t o b o o s t t h e i r m a r k e t s h a r e . I n r e a l i t y , N i k e o n l y b e c o m e s m o r e p o w e r f u l a n d v a l u e d d e s p i t e t h e e f f o r t s o f b r a n d e m u l a t i o n . < / P > < P > B e f o r e S e a r s m e r g e d w i t h K m a r t , S e a r s c a r r i e d s e v e r a l N i k e p r o d u c t s , s h o e s , c l o t h i n g , a f e w s p o r t i n g g o o d s . . . e t c . H o w e v e r , w h e n S e a r s a n n o u n c e d t h e a g r e e m e n t w i t h K m a r t , N i k e a n n o u n c e d t o S e a r s t h a t t h e y w o u l d n o l o n g e r b e n e e d i n g t h e i r s h e l v e s . I f S e a r s w a s o p e n i n g u p t o K m a r t , N i k e w a s c l o s i n g o f f t o S e a r s . T h e r e i s a s i m p l e e q u a t i o n a n d c o n t i n g e n c y o f N i k e ' s b r a n d c o n s e r v a t i o n . < / P > < P > K m a r t i s k n o w n f o r " l o w e r q u a l i t y , b u t d i r t c h e a p , " a n d N i k e i s a p r e m i u m , h i g h q u a l i t y b r a n d t h a t c a n i n f l a t e p r i c e s b a s e d o n b r a n d e q u i t y a n d r e p u t a t i o n . < / P > < P > W h a t c a n b r a n d s l i k e S e a r s a n d K m a r t l e a r n f r o m b r a n d s l i k e N i k e ? < / P > < P > U n f o r t u n a t e l y n o t m u c h c a n b e a c c o m p l i s h e d a t t h i s p o i n t b e c a u s e w h e n i t c o m e s t o b r a n d , t h i s m a r k e t d o e s n o t a l l o w m u c h t i m e a n d s p a c e f o r s e c o n d c h a n c e s l e t a l o n e a c t s o f d e s p e r a t i o n . N i k e " g o t i t " f r o m t h e b e g i n n i n g , a n d c o n t i n u e s t o g r o w t h e i r m a r k e t s h a r e b y b e i n g t h e f a t h e r s h i p . C o n s u m e r s c a n s e e t h e m s e l v e s i n s i d e t h e N i k e b r a n d a n d f e e l a s e n s e o f p r i d e a n d c o n f i d e n c e . S e a r s a n d K m a r t c a n n o t e v e n e v e n m a k e c o n s u m e r s f e e l l i k e c o n s u m e r s . B e i n g l o y a l t o t h e s e b r a n d s f e e l s m o r e l i k e a p u b l i c s e r v i c e . < / P >
Author: Molly Sunderdick
 
Author Bio:

Molly Sunderdick

Molly is a brand strategist living and working in Greensboro, NC. Graduating from GW with degrees in English and Creative Writing in addition to a full Division One Soccer career, she is well versed in a wide variety of subject matter, from athletic training, to Russian literature, to brand development...etc.

 
 
 

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