Do you agree with Nike’s strategy? Do you think Nike is launching too many sneakers?
I have to say that I do agree with Nike's strategy, for the simple fact that it is working for them. They are one of, if not the, most popular brand of shoe and they are making millions each year. Clearly, their strategy is working for their company. They make a demand for their shoes by making them known, making them be the shoe of the celebrities. They are making their brand be the "it" brand, and you are cool if you wear them, and not so cool if you don't. I do think they are launching a few too many sneakers, however it does not seem to be slowing them down. Is it too many if business is still booming? For them, no. They know that they really cannot have "too many sneakers" because people will continue to buy them. In the video they said that there was no longer an "it shoe," I agree, but there is an "it" brand, and its NIke.
Do you agree with Nike’s strategy? Do you think Nike is launching too many sneakers?I have to say that I do agree with Nike's strategy, for the simple fact that it is working for them. They are one of, if not the, most popular brand of shoe and they are making millions each yea...