Marketing Strategies Analysis of Li-Ning Basketball Shoes Product Line
DOI:
https://doi.org/10.54097/86h58d18Keywords:
Li-Ning, basketball shoe, digital marketing, marketing strategy, STP model, 4Ps analysis.Abstract
Li-Ning, a Chinese sports brand, has gained significant market share in the basketball shoe market in recent years. Especially in the Chinese basketball shoe market, Li-Ning has become a brand comparable to big international brands such as Nike and Adidas; the rapid development of Li-Ning's basketball product line has been very successful. However, the brand still faces several challenges, such as product design, quality and sales channels. This paper analyzes Li-Ning's basketball shoe product line from a marketing perspective. It examines the brand's background, development, and current status, including the market segmentation and positioning of its products, marketing strategies, and the challenges it faces. This paper also discusses the advantages and disadvantages of Li-Ning's marketing strategies and provides suggestions for improving the brand's marketing performance, such as investing in research and development of the basketball products, developing price strategy both in China and overseas market, increasing the integration of online and offline marketing channels and expanding the brand’s retail footprint globally.
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