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Nike with sports star 발 표 자 : 김 의 성
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Presentation order 1) the reason Nike hire famous player 2) Michael Jordan 3) Tiger Woods 4) advertisement of Nike 5)conclusion(opportunity cost)
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1)Why Nike advertise with famous sports player??? Consumers perceive about brand name during they see famous people Sports player is one of the existences as a medium of advertisement, they are highlighted from audience.
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2) Michael Jordan He played a great part for Nike ’ s advertisement since 1980. Air Jordan ’ s shoes become world ’ s best product Nike becomes international company because M.J
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3) Tiger Woods Nike has rapid growth in golf brand image after they contract Woods. In short period, Woods receive much attention because he win many golf games, Nike ’ s golf product sales also has fast development.
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4)Advertisement of Nike Their all action is connect with product sales. After advertisement, Nike has a sudden rise in product sales.
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5)Conclusion Opportunity cost!!!!!!! If Nike had not invested $40million to Woods and Jordan, maybe the company only conserved $40million. After invested to sports star, Nike earned $10000million.
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