If you’re familiar with the iconic ‘Jumpman’ logo of Michael Jordan, then you know that his partnership with Nike is one of the most successful sponsorship deals in history. But how much money does Nike make from Jordan? In this article, we’ll explore the financial success of Nike’s deal with the basketball legend, and what it means for the company’s bottom line.
According to the latest financial reports, Nike made close to $3 billion in revenue from the Jordan brand in 2019.
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How To Make Money From Nike Jordan?
- Research the potential market. Determine if there is a demand for Nike Jordan products in your area.
- Come up with a business plan. Decide how you want to sell the products and how you want your business to be structured.
- Secure funding. Use savings, loans, or investors to get the capital you need to start your business.
- Source a supplier. Look for wholesale suppliers who can provide you with Nike Jordan products.
- Market your business. Use traditional and digital marketing strategies to reach your target customers.
- Grow your business. Monitor your sales and adjust your strategies to maximize profits.
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Nike vs Jordan: Comparison Table
| Nike | Jordan |
|---|---|
| Founded in 1964 | Founded in 1985 |
| Sports apparel, accessories, shoes | Sports apparel, accessories, shoes, and athletic gear |
| Headquartered in Beaverton, Oregon | Headquartered in Portland, Oregon |
| Revenue: $37.4 billion | Revenue: $3 billion |
How Much Does Nike Make From Jordan?
Nike and the Jordan Brand have been partners since 1984, when Michael Jordan signed his first deal with Nike. Since then, the Jordan Brand has become one of the most iconic and recognizable brands in the world. The amount of money that Nike makes from the Jordan Brand is impressive, as it has become a very profitable venture for the company.
Revenue Generated By Jordan Brand
Nike’s Jordan Brand has generated over $3 billion in revenue in 2018, making it one of the most profitable brands for the company. This amount is more than double the revenue that was generated by the brand in 2017, which was around $1.4 billion. The Jordan Brand has become an incredibly lucrative business for Nike, and the brand is continuing to grow and expand.
Jordan Brand’s Impact On Nike’s Profits
The Jordan Brand’s impact on Nike’s profits has been very significant. In 2018, the Jordan Brand accounted for more than 12 percent of Nike’s total revenue, and it is estimated that this number will continue to grow. The brand’s success has allowed Nike to invest more resources into other areas of their business, such as research and development.
Popularity Of The Jordan Brand
The popularity of the Jordan Brand is a major factor in its success. The brand has become synonymous with Michael Jordan, and it is one of the most recognizable brands in the world. In addition, the brand has been able to capitalize on the popularity of the “sneakerhead” culture, which has helped to further boost its popularity and success.
Jordan Brand’s Future
The future of the Jordan Brand is looking very bright. The brand is continuing to expand and grow, and it is likely that it will continue to be a major source of revenue for Nike. The brand is likely to remain popular, and it should continue to be a major contributor to Nike’s bottom line.
Few Frequently Asked Questions
What Is Nike’s Revenue From Jordan Brand?
Nike’s Jordan Brand is estimated to generate over $3 billion a year in revenue, making it one of the most profitable divisions of Nike. The Jordan Brand is a separate division of Nike and owns many of the rights to the Air Jordan shoes, apparel, and accessories. The Jordan Brand is responsible for the majority of Nike’s revenue from Jordan and employs over 1,000 people worldwide.
What Percentage of Nike’s Revenue Comes From the Jordan Brand?
Nike does not publicly disclose the exact percentage of its revenue that comes from the Jordan Brand, though it is estimated to be somewhere around 10-15%. The Jordan Brand accounts for a large portion of Nike’s revenue, and has grown significantly since it was launched in 1984.
How Much Money Does Nike Make From Air Jordan Shoes?
Nike makes a significant amount of money from the Air Jordan shoes. The company releases new versions of the shoes every year and often has limited-edition releases that are highly sought after. In 2019, Nike made an estimated $2.6 billion from sales of Air Jordan shoes alone.
What Are the Most Popular Air Jordan Shoes?
The most popular Air Jordan shoes are the Air Jordan 1, Air Jordan 11, Air Jordan 4, and Air Jordan 12. These four shoes have consistently been the best-selling Air Jordans since they were first released in the 1980s. They are popular among both basketball players and sneaker enthusiasts alike.
How Much Money Did Nike Make From the Air Jordan 3?
The Air Jordan 3 was first released in 1988 and is one of the most popular Air Jordan shoes to date. It is estimated that Nike made over $200 million from sales of the Air Jordan 3 in 2019. The Air Jordan 3 is often credited with helping to launch the Air Jordan brand into the mainstream.
How Has the Air Jordan Brand Changed Over Time?
The Air Jordan brand has evolved significantly over the years. The original shoes were designed for basketball performance, but the brand has now expanded to include a wide range of apparel, shoes, and accessories. The brand has also become a symbol of style and streetwear fashion, and has been popularized by a number of celebrities.
Nike has been able to leverage the power of Michael Jordan to create a multi-billion dollar empire. With the Jordan brand bringing in an estimated $3.1 billion in retail sales for Nike in 2019, it’s clear that Jordan’s influence has been invaluable to the company’s success. Not only has Nike been able to reap the financial rewards from their partnership with Jordan, but they’ve also been able to use his fame and popularity to help their brand reach an ever-growing global audience. With such a lucrative relationship, it’s no wonder that Jordan and Nike have been able to make such a powerful impact on the sports and fashion industries.
