- Feb 22, 2017
- 109,142
- 37,932
15-17 year old usually need their 35+ year old parents help in buying $100+ shoes. if this is their ploy then they should fire the ad agency. if in-house, hire one.yea, anyone looking short term at this is being stupid. the dip happens, it recovers, and just because people are burning shoes today doesn't mean the market will feel that effect in the coming months. i think it was a stupid ploy on their part but it's going to take months to decide, not hours.Nike made a business decision not a political statement in running their recent add with Colin Kaepernick.
They are chasing the dollars.
They realize the vast majority of people who will stop buying their products because of the add is outweighed by the increases they will receive by those who do not feel strongly about or support Kaepernick.
This is a statement about who will be the strongest demographic with the most disposable income in the future pro-Trumpers or anti-Trumpers
What did the stock market think of the business decision cupcake?
A 3% drop, most of which took place in the first hour. Then it leveled off and their futures are up right now.
Too many people like you cannot see past the next 20 minutes, Nike is thinking 20 years down the road. This campaign according to Nike is aimed at the 15-17 year old demographic. They are building their customer base for the future, and are willing to take a small hit with the middle aged white guys in the process.
the IGS (instant gratification society) can't stand the inbetween.![]()
Yesterday on Mike and Mike they were talking about this and Nike said that this is geared towards the 15-17 year old demographic. So, it will not take months, it will take years to decide. As for their stock I am willing to bet it is back up to where it was before the end of the week. I was kind of hoping it would drop a little more and I was going to buy some, but it does not seem to be the case.
but yea, buy in a panic cause the panic never lasts and it recovers almost every time. when the news is over then look to see if you sell and make money or keep the gamble going.
Now you are doing the same thing as the rest, looking 20 minutes down the road.
10 years from now those 15-17 year olds will be 25-27 with their own source of income. This is not about today or next month, this is about the future.