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Quick thread on why certain brands, teams and leagues have or haven’t released statements about the recent murders of Black folks by police:
This 2018 piece tells the story: https://www.nbcnews.com/business/business-news/what-boycott-nike-sales-are-31-percent-kaepernick-campaign-n908251">https://www.nbcnews.com/business/...
It says that when Nike signed former NFL quarterback Colin Kaepernick, Nike knew it would help build customer loyalty. 46% of Nike customers were pro-Kaepernick, the brand found, compared to 34% of Americans generally.
It says that when Nike signed former NFL quarterback Colin Kaepernick, Nike knew it would help build customer loyalty. 46% of Nike customers were pro-Kaepernick, the brand found, compared to 34% of Americans generally.
So while you could argue Nike took a risk in signing Kap, they had the data to suggest they would likely profit.
Nike sales increased 31% in the wake of signing Kap. They had their cake and ate it too: They stood up for a cause while making money off that stance.
Nike sales increased 31% in the wake of signing Kap. They had their cake and ate it too: They stood up for a cause while making money off that stance.
So if you’re wondering why your favorite brand or team HAS posted, it may be because they believe in the cause.
But it may also be because market research about their customers tells them it might help their bottom line.
But it may also be because market research about their customers tells them it might help their bottom line.
And for anyone wondering why some statements are weak or nonexistent, look at the NFL. The NFL fanbase is largely bipartisan, according to FiveThirtyEight. The NFL posted a statement, but it was largely boilerplate and didn& #39;t say much. https://fivethirtyeight.com/features/how-every-nfl-teams-fans-lean-politically/">https://fivethirtyeight.com/features/...
Of course, the NFL as a league also has to placate its owners--who you might consider its "board members." Many NFL owners have donated to pro-Trump causes, as this USA TODAY article found: https://www.usatoday.com/story/sports/nfl/2017/09/24/how-much-money-nfl-owners-have-donated-donald-trump/698256001/">https://www.usatoday.com/story/spo...
