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Does Nike Pay top Athletes

Updated: 9/27/2023
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14y ago

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yes in endorsements

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14y ago
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Q: Does Nike Pay top Athletes
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Who are two of todays top athletes that help to advertise Nike?

Some of today's top athletes who help to advertise Nike include Tiger Woods and LeBron James. Other top athletes include Michael Jordan and Pete Sampras.


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What would you consider to be Nike's 'superb marketing skills'?

Nike's obvious ability to get top athletes of the generation to be their spokesperson is a great marketing skill. Take for example when Michael Jordan was for Nike. People loved MJ and wanted to be just like him. Kids wanted everything Nike because Jordan wore everything Nike. Also, by having big named athletes endorse Nike, the athletes are able to make their own shoes, clothing line, etc. making more money for Nike.


What would you consider to be Nike's 'superb marketing skills?

Nike's obvious ability to get top athletes of the generation to be their spokesperson is a great marketing skill. Take for example when Michael Jordan was for Nike. People loved MJ and wanted to be just like him. Kids wanted everything Nike because Jordan wore everything Nike. Also, by having big named athletes endorse Nike, the athletes are able to make their own shoes, clothing line, etc. making more money for Nike.


What top athletes help advertise nike?

Fabresgas, Lebron James, Wayne Rooney, Cristiano Ronaldo and many more....


What are the business aims of Nike?

The business aims of Nike are to develop products to help athletes at whatever level of ability they have at the time. Nike has stated they would like to challenge and support athletes.


What are the market segmentation of Nike?

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Why Nike spend so much on advertising?

its so that nike becomes more famous and because the fans of the sponsors will think that nike is good company and that the athletes will choose a good kit so this way people will be motivated to buy nike products and nike profits and so does the athletes that use nike's products.


Why does Nike spend so much on advertising?

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How old do you have to be to become a nike ambassador?

nike selects really interested and committed athletes to represent them.


What would you consider to be Nike's 'superb marketing skills'?

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What percentage of the total cost of production an average pair of shoes goes to pay advertising promotions and endorsements fees for the athletes who promote Nike shoes?

37.87%