Nike has just introduced shoes with power laces. Please provide in-depth with examples responses to the following questions. It is important your responses make sense and are not just one sentence.
1. How will the release of these shoes influence this market for the next five years?
2. What is the TREND associated with this? Please describe in detail the trend you think is most significant that will come out of this.
3. What will be the potential impact on marketing? Please provide details on what you feel this trend will have on future marketing of products and or services.
4. Who will be impacted the most and how? Who do you feel will be MOST impacted by this trend consumers producers or both? Explain why and how? Marketing Examples: Please give some specific marketing related examples of what YOU think specific companies and/or consumers are already doing or should do in the future to take advantage of or defend against this trend?