@nike endorsement Kaepernick will go down as boldest/genius marketing move of 2018. History judges people on their conviction, not views. The most revered athlete of century is Ali, not because of his skill or beliefs,,,but conviction.
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@nike, $35bb revs--$15b US, $20b int'l. Majority of US consumers skew young, progressive. So, what is downside, $1-3bb? And of $20bb in biz from consumers overseas, how many think US is on right track? A: None.Show this thread
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Interesting view. Recall that Ali was an elite athlete across 3 decades, 3X champion, and motivated by God only. Collin Kaepernick has already been forgotten by professional sports and is a political figure.
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A great comment
#wellsaid -
I’m a big fan of your analysis so thank you.
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Is a trade off necessary though? ‘young blue’ may be a better bet than ‘old red’ but isn’t becoming political risky for brand that currently transcends politics? Especially with how divisive issues are these days..
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Fair point,,,do they have a choice?
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I’m confused about theee “young affluents” you speak of. I see many articles about millennials living in their parents basements.
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Maybe you need to get out more and meet some of us, we enjoy gourmet ramen and crossfit both can be pricey to get into
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etc includes writing nytimes best sellers, blogging sagacious but terrifying life advice, and expanding gender norms by crossdressing on YouTube, you really can have it all Prof. G!
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My theory is that the anti-Kaepernicks were going to Under Armour anyway. This is checkmate, with Nike locking in the loyalty of some of its most valuable customers, and shedding relatively few.
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politics, marketing, business....it's all just math.
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Buy Nike stock on the sell-off.
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Cannot wait to see the response from Agent Orange.
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I wish Pat Tillman was still here. I hope he is never forgotten. If there is a ranking of reverence for athletes he should be as near the top as anyone. If there is a scale for sacrifices made, he assuredly tips it. Pat made the ultimate sacrifice.
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Also worth noting that Nike is a global company and no longer American. The market of Trump haters is many times larger than the market of Trump supporters.
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