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MediaPost Publications - Nike, Finish Line To Open Concept Store For Serious Runners - 05/08/2008Published by
The athletic-footwear market has been a
competitive and overcrowded one for years, with so many different
styles, colors and types of shoes on the market that shoppers can
sometimes be paralyzed by too many options. So, companies are always
looking for "a leg up," as it were, when it comes to personalizing
their marketing strategy to reach a specific demographic group.
Nike Inc. and The Finish Line Inc. think they have come up with just
such a personalized approach by joining forces to create a concept
store" dubbed Finish Line Ltd., where the product line and approach to
customer service will be customized to meet the needs of young running
and training athletes. The store is located at the Chandler Fashion
Center near Phoenix. To target specific types of customers, Finish Line Ltd. will be divided
into three sections: running, sport style and training. Running shoes
and equipment will have the strongest presence, with the "Nike+ running
story" right up front, says Craig Cheek, vice president and general
manager of Nike USA. Nike+ is a nifty high-tech advancement "that
consists of a computer chip in the shoe," says Cheek. It tracks
information from the athlete's training run, like mileage, calories
burned, etc.--"and then they can take it home and sync it up to the
Web, and check the results--and which also allows them to be part of a
whole social community of runners. We think of it as a digital
motivational tool." Read the full article at: publications.mediapost.com
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