- The economic principal I will explore is (copy/paste bolded from the link): People generally respond to incentives in predictable ways.
- The overall question I will research to help explore the economic principle is (the question should contain 1-2 keywords from the economic principle): How does a company such as nike incentive people to buy their products via marketing.
- 3-4 subquestions that will help me answer my overall research question are:
- Do athletes who have a sponsorship have a big influence on the companies sales?
- Do companies strategically sell their items at times when other companies aren't selling similar items?
- How do companies tailor their items to their customers likes?
- What are these big companies most effective advertising methods?
- Links to 3-4 reliable resources that can help answer the research question:
- https://www.nsga.org/globalassets/management-conference-archives/2013/karla-mccormick.pdf
- https://www.referralcandy.com/blog/nike-marketing-strategy/
- https://www.forbes.com/sites/gregpetro/2016/07/08/nike-just-does-it-keeping-an-eye-on-the-customer/
- https://www.bizjournals.com/bizjournals/how-to/marketing/2015/10/take-a-lesson-from-nikes-customer-diagnosis.html
Friday, September 14, 2018
How does Nike get people to buy their products?
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