How Much Does Nike Spend on Marketing?

July 26, 2013 | 2

nike_marketing

How much does Nike spend on advertising a year?

Since the late 80’s, Nike has been a marketing giant. With high profile names like Andre Agassi, Bo Jackson, and of course, Michael Jordan to back Nike up; how could they ever lose? So with that being said, how much does it cost for Nike to stay ahead of the competition?

According to Matt Powell, Nike spends about $2.8 million on marketing. To really put it into perspective, it’s about $8 million a day, or $300,000 per hour, or $100 a second. Whoa..That’s a lot of dineros spent for marketing. With Nike controlling the majority of the market and bringing in $21 billion in sales, let’s just say it’s money well spent.

Image: CNN

Nike-Matt-Powell-MattOS

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Senior Editor for TheShoeGame.com Twitter: @FootSole_ja & Instagram: @alexthagr8_tsg
  • SBedge

    fart!

  • Bong

    about right, Nike is a worldwide company, 2.8 billion for the whole world and signing athletes in various sports.