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Why is Nike expensive?

Updated: 9/27/2023
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Wiki User

11y ago

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cause it from one of the most famous brand of the world, every 2nd person around the globe knows about this brand and they are making their quality sports products since 1964 and running this brand very dynamically.

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13y ago
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11y ago

Yeah, nike is expensive, and they also have a higher-margin for nike shoes.

As you know, compare to original one, fake nike has the same amazing style and quality as original, so fake nike cheap sale is a good choice. There is a big market for our fake nike shoes, nike jacket, nike suit. Cheap nike shoes are the best seller in our factory.

Why are Nike clothes and shoes so expensive? The main reason is because you are paying for an athlete, such as Michael Jordan or Tiger Woods, to get a multi million dollar contract. That's the bottom line. Their products are all made overseas and cost next to nothing to make. Shoes, about $1 to $5, clothing is dirt cheap, maybe a few dollars. Of course you pay for R&D, marketing, distribution, but still, all of that per item doesn't cost anywhere near what they charge in the end.

The overwhelming majority of the retail cost is profit, and that goes to the executives and to the athletes who make $200 million wearing Nike's while they play sports and to promote the brand.

I've known a few people who worked for Nike in Beaverton, OR, and they told me the same thing.

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10y ago

Nike Basketball gear costs more to buy than to produce because you are paying for the brand. As Nike has become more famous at the year they have become able to ramp up the prices on their products as most companies do to add a sort of exclusivity to the name.

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12y ago

Because everybody buys them. Even if they looked like clown shoes people would still buy them because guess what? THEY'RE NIKE'S

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11y ago

because it is a n i g g e r shoe.

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