Philippines’ former first lady Imelda Marcos, the wife of President Ferdinand Marcos, has more than 3000+ pairs of shoes! And Imelda is a lady of substance and style, so I bet that her shoes are as expensive as her tastes. But I doubt if her shoes are as expensive as these shoes on our list. While some of us are happy and contented with shoes that are within budget, there are shoes that are really expensive that some even costs millions! Yes, millions as in with six zeroes behind its first digit. With the price of these shoes, we can buy ourselves a house and perhaps a car too! But what we can do now is just to ogle and envy those people who got the chance to wear the most expensive shoes. Here is the list of the top 20 most expensive shoes …show more content…
So Cal Air Force 1 Supreme Max (Nike) - $50,000
Sneaks are just sneaks usually used for running, but can you still consider sneaks with a price of $50,000 normal? To some, yes. Nike’s So Cal Air Force 1 Supreme Max consists of chocolate-colored diamonds that weighs 11-carats. These diamonds outline the Nike’s insignia on the shoes.
4. Air Jordan Silver Shoes (Nike) - $60,000
Another of Nike’s creation made it on the top most expensive shoes in the world. With a $10,000 higher price than So Cal, the shoes are signed by Michael Jordan himself! Hence, it is no question that many of MJ’s real and die-hard fans would do anything in their power to get their hands on a pair of this. The shoe has silver detailing and is considered as Nike’s worldwide brand ambassador considering that it garnered too much attention since it was first launched.
5. Reebok Question Allen Iverson (Reebok) - $65,000
Basically, the shoes being sold on the market is cheaper and affordable. However, there is one shoe of the same design made by Reebok that uses 246 real diamonds! These diamonds are encrusted on the shoe and perfect for any bling-fanatics out there. The one who owns this one diamond encrusted Question Allen Iverson shoes is definitely one lucky
I own five pairs of Ugg’s, over ten pairs of Buckle jeans, four North Face coats, and a ton of Nike products. My Ugg’s are $150-350 for one pair, buckle jeans range from $60-100, North Face coats range from $100-300, and Nike ranging from $15-100. I would rather spend more and be happy with the products that I am purchasing. I also like to be seen with the brand names. Society says it is okay to spend more than $100 on one pair of jeans.
There are many events where sneakerheads go to buy, sell and trade their shoes. A big one called, Sneaker Con, is one of the biggest, having such rare shoes displayed, that a single pair can cost upwards to $30,000. After seeing this huge number, you can see how people can make livings off the shoes. These die hard fans of the Air Jordan brand are taking love of the sneakers to a whole ‘nother level. They will
The American aircraft missile system also has a nike symbol on their missiles. Today a lot of famous people such as Michael jordan get a lot of money from nike shoes. Michael Jordan gets 30 cents a pair. The first FIFA trophy, celebrating the winner of the soccer championship held every four years, featured a figure of Nike holding a vessel. It was called "Victory".
Nike spend a lot of money on marketing and creating products. Nike has created products with high quality in almost every sport around the global. Nike boosted their credibility and reliability, by manipulated uses of Ethos, Logos and lastly Pathos. I selected nike's ad because it on TV commercials. Nike's logo and slogan catches people's attention.
Air Jordan is another brand that is famous for it's Michael Jordan dunk logo in the All-Star game. Reebok is another well known logo and is also worn by many athletes today. Finally, Adidas are the shoes that never get enough rep for there shoe game even though they are just as good as Nike's because the players who wore them were not widely known for being phenom's like LeBron, Jordan, or Wall. Tim Duncan, Dwight Howard, Derrick Rose and Damian Lillard are four of the big names who wear Adidas today. In order from the best basketball shoe to the okay basketball shoe, in my opinion it would be Nike in 1st, Jordan in 2nd, Adidas in 3rd, and Reebok in 4th.
Nike has been around much longer than most would think and continues to be the leading trend setter in athletic wear. Nike was started in January of 1964. The athletic company began as just a small clothing distributing company out of the truck of Phil Knight’s, owner and CEO of Nikes, Car. The Saying you started from the bottom is very true when it comes to Nike who now leads in sales of all athletic gear compared to Adidas who at the time of 1964 was the most popular athletic company. From starting in a truck of a car no one would suspect that this company would not only be defined as the definition of ‘cool’ when purchasing clothing and shoes from stores all over the United States but yet the brand that carries our pop culture.
Micro environmental factors Customer Analysis Nike is the market leader of sports footwear and apparel industry. Nike ‘s high-performance athletic gear is mostly targeted at professional athletes in categories such as soccer, basketball, running and etc.
Introduction Critiquing this ad on how it attracts customer to buy their product. I will talk about what is motivating or attracting the customer. Sometimes it’s the meaning behind the ad or how the product is represented. Nikes is using one of the most popular strategies that are successful in promoting its product and increasing income. When I first saw this ad I immediately knew they were comparing the iron man suit to the shoes showed in the ad.
The brand's limited-edition styles, give the shoes “further hype and credibility on the sneakerhead community” (Powell.) As a result, sneakerheads come up with a genius idea of the resale market. Sneakerheads move “from collecting sneakers as a hobby to profiteering” rare sneakers (Powell). Furthermore, Keith Nelson Jr. a journalist from Digital Trends said in his article that this “kind of hype sent the price of Kanye West’s final Nike collaboration, the ‘Red October,” from a $245 retail price to an astounding $16 million on eBay.” Making quick and huge bucks what lead many frenzied sneaker fans into the secondary
Company Description Nike believes diversity and inclusion drives innovation that lead to a competitive advantage. Nike has a broad base of suppliers that actively and significantly support their business requirements. Nike’s Global Procurement team manages the procurement process, including selecting and contracting with the right suppliers for the right goods and services. They have also begun to reduce Nike 's footprint and lessen their impact.
According to UBS Securities, sports shoes priced between 170 and 250 Yuan are best sellers in China's second- and third-tier cities. This indicates that Nike will attract more customers in different social class. Lower income people could afford to buy their low-priced products. This as a result, Nike can meet the customers income and reduce their customer cost.
This is due to Nike gets its merchandise generally from foreign manufacturers. To operate profitably, Nike need to get good value on products and supplies and, in turn, offer good value to its customers with accessible solutions. Publics: Many colleges and universities, especially anti-globalization groups as well as several anti-sweatshop groups
Simply put, Nike’s target market is mainly customers who have more concern for the quality and utility of the product than they have for the price at which the product is being sold. This helps to ensure that pricing never has to be adjusted downwards in attempts to woo in a larger number of customers. For any company to achieve success from the marketing strategies that it has put in place, it has to ensure that its strategy is flexible enough to keep up with the changing times and to also accommodate a large variety of customers. So as to do this, it is imperative that the products being produced by the company be innovative enough to exceed what is being provided by competitors in every possible way. Nike chose to take this into deep consideration and this resulted in it making a few changes on its marketing strategy.
History Originally established in 1964 by Phil Knight and Bill Bowerman as “Blue Ribbon Sports”, NIKE adapted its current name in 1978 as suggested by Carolyn Davidson, a college student. They also employed her to design the new NIKE logo, paying her only $35 for the rights to use it. Although Phil Knight was not initially fond of the logo, it is one of the most recognisable designs throughout the world today. Along with the new logo design came a new stream of success. They went from $10 million to $270 million in sales4 in the late 70s and are worth billions today
Nike began to sell sports apparel, athletic sports bags and extra accessories since 1979. Also, their brand Cole Haan transmits a whole clothing-line of casual dress and footwear as well as the latest and accessories for men, women and children. Correspondingly, they market head gear under the brand name ‘Sports Specialties’, for motorbikes and bicycles through ‘NikeTeam manufactures’. Furthermore, they distribute ice skates, roller blades, safety gear, and jerseys.