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Im doing a Nike company and Im hoping you could give me some ideas or give me an understanding by answering some of these question

Im doing a Nike company and Im hoping you could give me some ideas or give me an understanding by answering some of these question based on the company Nike 1. What is the product that you are going to pitch to the company?2. What would you name the product? Is there a meaning behind the name? Target market1. Who do you want to buy your product that you have created? Be very specific! (Age, gender, hobbies/interests, career, family, income level, religion, location, etc.) Product Decisions1. What special ingredients or capabilities should the product possess and why? In other words, how is your product different than every other product on the market?2. What design features should the products container have? Think lids/caps, pouring devices, individual packaging, etc. Place Decisions1. Where do your potential customers presently buy a product of the nature?2.(So where are your competitors selling their products?)3. Where (type of retail store, Internet, catalog, etc.) should the new product be sold and why? Price Decisions1. Suggest a retail price (and size) for the new product.2. Explain why you selected this price. How does it compare to the competition? (have a few examples of competitors prices) Promotion Decisions1. In what media (TV, newspaper, etc.) should your firm advertise the product and why?2. What should be the main theme, or slogan, of such advertising?3. Create several promotional statements that a salesperson could use to help in selling this product. In other words, answers to questions like - why should I buy it? What is the benefit to me?

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