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Nike - reputation


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#1 Just_One_Question

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Posted 10 March 2017 - 08:17 AM

Quick question I was always curious about:

Are Nike clothing & products considered luxurious and expensive in the United States of America? Or are they considered perfectly regular when it comes to their pricetags?

Thank you!
:)

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#2 hamluis

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Posted 10 March 2017 - 08:25 AM

IMO...anything with a Nike logo/tag is severely overpriced.  The items they sell today...all spring from advertising campaigns launched (and imbedded in the minds of many) years ago and the Nike name does not connote a superior product of any type.  The initial Nike market strategy captured the sports shoe (basketball, running) market and expanded from that base in the U.S.

 

Worth a look:  http://sales-management-slides.com/marketing-strategy-of-nike/ .

 

Louis



#3 Just_One_Question

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Posted 10 March 2017 - 09:01 AM

Thank you for the response!
So, I confirmed my suspicions.
:)

#4 Animal

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Posted 10 March 2017 - 02:19 PM

Apple and Nike are two of the brands that to me have cult followings. It doesn't matter what they are selling. It's a must have product regardless of quality. Long gone are the days that Apple once used this slogan.........

apple-costs-less-button.jpg

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#5 NickAu

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Posted 10 March 2017 - 03:49 PM

I point blank refuse to buy or wear clothing made by them.

 

Lets t hope Nike has stopped these sorts of practices.

 

 

Workers at Vietnam Nike shoe manufacturing plants make $.20 an hour or $1.60 per day. The average cost of three meals is $2 a day, meaning that most people skip meals throughout the day. During the first three months of employment, all workers receive $37 per month, which is below the minimum wage of $45 per month in Vietnam. Nike claims that the workers are paid a lower wage because the law in Vietnam allows for a training wage less than the minimum wage. Just two percent of Nike’s 630 million dollar operating budget could raise the salary of all 25,000 Vietnamese workers from a meager $1.60 a day to a livable wage of $3 a day.

http://ihscslnews.org/view_article.phpid32



#6 Just_One_Question

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Posted 10 March 2017 - 06:31 PM

Thanks for the response!
I'm curious, considering that the iPhone 7 is the fastest-performing smartphone ever sold, and it costs $850, which is give or take 10% max on par with the price of other companies' flagship devices, such as the Google Pixel, do you think that this particular product - the iPhone 7 - is overpriced?
:)

#7 Animal

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Posted 10 March 2017 - 06:45 PM

Thanks for the question. I respectfully abstain my opinion, as I am not objective when it comes to assessing value for Apple products. :)

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#8 Anon.

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Posted 12 March 2017 - 04:03 AM

IMO...anything with a Nike logo/tag is severely overpriced.

 

This.

 

They're much like Sony. Having exorbitant price tags, everywhere. And not necessarily at par with the quality.






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