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Thursday 15th February 2024

What we can learn from... Nike - The legacy of a leader

In 1980, Phil Knight, the visionary behind Nike, penned a now-legendary manifesto. This wasn't just a corporate document; it was a philosophy woven into the very fabric of the brand. Today, its principles ring truer than ever, offering valuable insights for the UK property industry navigating a market that is in constant change and timeless marketing lessons.

Let's lace up and explore a few key takeaways from the Nike manifesto and how they can be applied to your property marketing strategy:

1. Obsession with the athlete:

Knight famously stated, "Our business is not making shoes. Our business is freedom." Nike didn't just sell footwear; they sold the feeling of empowerment, performance, and liberation that the athlete needs and feels.

Similarly, property marketing isn't about buyers, vendors, agents and suppliers, it's about understanding the aspirations and needs of your target audience.

Knowing your audience is a must. If you know what they need and what they’re looking for, you can create the right message to resonate with those needs, creating an emotional connection that goes beyond square footage.

The approach to B2B and B2C environments is not that different any longer and customer and human-centric strategies are the ones that will guarantee a higher level of success. 

2. Embrace constant innovation:

Knight emphasized, "There is no finish line." Nike consistently pushed boundaries with design, technology, and marketing.

In the same spirit, don't be afraid to experiment with your property marketing. Explore new platforms, test niche audiences, and embrace emerging trends like virtual tours and augmented reality. Remember, the property landscape is constantly evolving, and so should your marketing approach.

Technology and AI can be our allies, and not our enemies if we know all the ins and outs, all the benefits they can offer to us and how to use them wisely.

3. Passion is contagious:

"We are on offense. All the time," declared Knight. Nike's infectious energy stemmed from the genuine passion of its team.

Apply this to your marketing! Infuse your strategies and content with enthusiasm. Highlight unique features of your product or service, and let the excitement shine through to build trust and loyalty. Authenticity resonates with buyers, fostering connections and building long partnerships.

4. Break the rules (ethically):

Knight famously said, "Perfect results count, not a perfect process."

While respecting industry regulations and ethical codes is paramount, don't shy away from unconventional approaches. Think outside the box with your marketing campaigns.

Collaborate with local businesses, create unexpected partnerships, or try guerilla marketing tactics (even in a local level) that pique curiosity and stand out from the crowd.

Remember, the UK property market is dynamic, so be ready to adapt and evolve your strategies. By learning from Phil Knight's timeless principles and applying them with a local lens, you can create a marketing campaign that resonates with your audience, ignites their passion, and helps you grow your business faster and more effectively, whether you’re an agent or a supplier.

Bonus Tip: Draw inspiration from Nike's iconic slogan "Just Do It" to create your own tagline that captures your brand essence and inspires action. It will be easily remembered and associated with your brand instantly. It’s a great branding strategy that will generate excellent top-of-mind levels and brand recognition in your audience.

In conclusion, Phil Knight’s Nie Manifesto principles offer valuable insights for navigating the property marketing landscape. So step onto the marketing field armed with the lessons from Knight's manifesto. Remember, it's not just about selling; it's about capturing emotions and fuelling aspirations. By embracing innovation, authenticity, performance, purpose and honesty, suppliers and agents can create engaging marketing strategies that will lead to sustainable growth. In an industry where trust and credibility are paramount, adhering to these principles can pave the way for enduring success and positive impact.

If you’re unsure about how to approach your marketing strategy following authentic principles and your brand values, keep in touch!

Email us at lee@angelsmedia.co.uk or call us on 020 8663 4989 and we’ll be delighted to help!