Are they too big to fall?
I wonder if it is a smart business move. They could have quietly allowed the deal to expire and found someone else that might influence young black men to buy/wear expensive shoes.Buckdawger said:
...Nike has done well in getting big name athletes to endorse them and represent them. Kapernick
has been associated with them for some time. He just negotiated a new deal and it is probably a smart business move on their part, as they are targeting athletes and wanabes who will buy their products...
Dirtydawgs said:
Are they too big to fall?
We'd need to know about Nike's margins and sales figures to know for sure but I suspect it has to do with shoes. Nike was selling a lot of shoes between $100 and $200 to young people with "urban" sensibilities/style. Based on Nike's well documented mfg costs, the profit margin has to be huge both in percentage and dollars per unit. There is now a lot of competition in this demographic for high end clothing dollars that didn't exist 15 years ago. Adidas and Under Armor has eaten into their market share and kids(or their parents) in this demographic can only afford so many pair of $200 shoes.PurpleBrave said:
I'm of the opinion companies should stay out of political or polarizing topics. Nike has received a fair amount of publicity, but have also received a fair amount of negative backlash. Will it be worth it in a year? Time will tell. I'm going to guess no.
My question is why risk it? Nike doesn't make anything so exceptional that people can't get it from someone else.
PurpleBrave said:
I'm of the opinion companies should stay out of political or polarizing topics. Nike has received a fair amount of publicity, but have also received a fair amount of negative backlash. Will it be worth it in a year? Time will tell. I'm going to guess no.
My question is why risk it? Nike doesn't make anything so exceptional that people can't get it from someone else.
He conflated issues.PurpleBrave said:
Many polls are done on social media. That isn't an accurate representation of what society actually believes. A quick google search shows as many opposed to the protests as supporting...and that's with google likely skewing the results. Conclusion is that it's polarizing. 50/50 to 60/40 one way or the other. Even if it's 75/25, that's a large percentage of their base they're alienating. Another interesting aspect is Nike pulls this right after the league extends their contract 8 years. Gotta believe the NFL isn't too happy about it.
Nike is going to be just fine in the long run, but large companies make mistakes. Sadly, it's just one more thing politicized.
I really believe that Kapernick has become the new hero of many Afro-Americans, so why not keep him?88Fox said:I wonder if it is a smart business move. They could have quietly allowed the deal to expire and found someone else that might influence young black men to buy/wear expensive shoes.Buckdawger said:
...Nike has done well in getting big name athletes to endorse them and represent them. Kapernick
has been associated with them for some time. He just negotiated a new deal and it is probably a smart business move on their part, as they are targeting athletes and wanabes who will buy their products...
Nike obviously knew this would cause a great deal of controversy and has placed a bet that this is the best thing for their brand. The calculus has to be that the increase in sales to this demographic will be greater than the decrease in sales to offended people. I suspect that Nike is wrong but we will find out in a year or so.
I would love to see the demographic data on Nike's existing sales and for the sportswear apparel industry in general.
Buckdawger said:I really believe that Kapernick has become the new hero of many Afro-Americans, so why not keep him?88Fox said:I wonder if it is a smart business move. They could have quietly allowed the deal to expire and found someone else that might influence young black men to buy/wear expensive shoes.Buckdawger said:
...Nike has done well in getting big name athletes to endorse them and represent them. Kapernick
has been associated with them for some time. He just negotiated a new deal and it is probably a smart business move on their part, as they are targeting athletes and wanabes who will buy their products...
Nike obviously knew this would cause a great deal of controversy and has placed a bet that this is the best thing for their brand. The calculus has to be that the increase in sales to this demographic will be greater than the decrease in sales to offended people. I suspect that Nike is wrong but we will find out in a year or so.
I would love to see the demographic data on Nike's existing sales and for the sportswear apparel industry in general.
ssidedawg said:
Their customer base and investors will be virtually unaffected. Any short term chaos is just short term.
They haven't really alienated anyone but the folks who don't buy their stuff anyhow.
Racial division? Again, not really, because the people REALLY mad aren't buying Nike anyhow. *See bullet #2.
Its a genius PR campaign. They have everyone talking about Nike. Why do folks think a for profit needs to make people "feel good"? Do you feel good about buying Adidas? If so...why? Any idea their politics? Nope.
This is a great post and I appreciate that you took the time to write it.Firebrand said:
1.a Police offficers have tough jobs that are NECESSARY and overall help sustain society. They face very real dangers where reactions to quickly turning violent situations is a relaity. And they are asked to deal with way too many circumstances where they have to consider both that and relations with regular community members.
1.b I didn't agree with the method of protest simply because I felt that the point of it would be laregly missed and could change unexpectedly, which it has.
2. I still respected the players that did it early on for taking the risk that they did, evidenced in their still not being signed.
3. This is definitely a marketing move, and not true politics. Nike has had a littany of issues with diversity and labor issues against marginalized populations domestically and abroad. Nobody is perfect and Nike isn't trying to have the moral high ground. They are not moral.
4. Nike makes some great shoes. Their other products are midling. But their shoes have saved my feet, back, ankles.
5. I have an American flag in every room in my home and one on my car. I love this country, I loathe police brutality. I feel it is out of hand regardless of race. The escalation level for routine stops makes little sense. Military has a much better approach and better training although they have high risk contact issues as well. I also feel that with most things if it is an issue for the country at large, the circumstances are nearly always going to be worse for communities of color. Black folks particularly.
6. As a teen and 20 year old I marched when some innocent person, typically black, but not always, and usually without a record, was killed during some routine traffic stop. Because it impacted me, scared me. I don't do that any longer because I've made peace with the fact that nobody cares and nothing is going to change. Life is hard, no excuses or bellyaching.
7. As a black man, home owner, who has never been arrested or afoul of the law? (Execpt dipping Copenhagen in highschool before i was 18)I have been in handcuffs and face down on the pavement with guns pointed at me with 3 or more cop cars around me twice. Another, yelled at and the cop was reaching for their gun as I pulled over. The infractions? 1. Rolling through a red light behind a tractor trailer that began on green. I pulled over immediately, always said yessir/no sir and complied in every way. 2. They THOUGHT I had my seatbelt off. Not sure why. Then they didn't believe I live in the area until seeing my license. I had a suit and tie on, playing classical music cos Fresh Air had just gone off air, was driving a 6 year old acccord coupe. 3. Officer was directing traffic and I swerved when he told me to stop. He didn't see someone coming from the other direction while he was turned to me, they alarmed me. As he grabbed fornhisngun, I said nothing just called my folks, put them on speaker to witness the situation and told them I loved them just in case I got shot. The other motorists all pointed out what happened as he walked over and he calmed down. Then, of course, let me go.
I can't know everyone's experience. I have good friends who are white that had to deal with some aggressive officers too but they never fesred for their life. Maybe that fear is irrational. But I've seen folks doe for zero reason while 100% compliance was involved.
8. There are a lot of folks that have had my experience, know someone who has or at the very least empathizes. There are others that are agahst of the killings that cell phone capture has brought to light. Half of my social media timelines were railing against Nike. The other half were praising Nike. I don't know what their goal is but it has to be about business. And they aren't going to fold any time soon .their stock price dips were reflected across the other major shoe brands as well.