Nike uses very little sale management due to the fact the Jordan brand
name has already built a name for itself. The brand is not very sales
oriented, and does not have to be because of the marketing and branding
the consumers did for them. In fact the only interaction made with
consumers and the company are by giving the created list release dates
and shoe of up to a whole year with
very few surprise releases within the set quota of specific shoes being
produced. These lists are not even promoted by Nike but giving to
reliable sources as a way of creating anticipation and not a promise.
Jordan brand is still making over $100 Million dollars of year without
the need of attacking sales promotion. Personal selling comes into play
into the market of re sellers and sneaker group cultures not from the
company Nike itself, but the consumers. The consumers creates the sales
management for the company. The company usually comes out with a quota
of how much shoes will be produced to sell worldwide which in most
scenario's sell out on first few release days which leads to the market
of sneaker collectors buying and selling shoes. Nike does not state that
they use knowledge management from consumers, but it can be assumed
that they retrieve information from sales numbers, outrageous lines,
and how fast they sell to predict the value of the shoes for next retro
releases. The demand that is created after they sell out one year helps
Nike know how much to produce and sell the retro version of the same
shoes a few years later, and attack sales differently. |
Sneaker Con ( Sneaker Convention for Buying and Selling ) |
Monday, April 4, 2016
Ch. 17 - Personal Selling and Sales Management
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