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Did you know that Nike has 5 different sources of revenue? #nike #revenue #profit #incomestreams
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Did you know that Nike, the sportwear brand, has 5 different sources of revenue?
Hello, Brand Lovers!
Number 1 is D2C Sales, where the brand sells products directly to consumers through its retail store, online platform, and mobile apps.
Number 2 is Wholesale, where Nike sells its products in bulk to third-party retailers and stores.
Number 3 is Limited Edition sales, where the brand periodically releases limited-edition products by collaborating with various artists.
Number 4 is Licensing, where Nike earns royalty fees by allowing other brands to use its brand name and logos on their own products.
Number 5 is Subscriptions, where the brand earns recurring revenue from its coaching services via the Nike Training Club app, for example.
For a much deeper breakdown, do check out the full video on my YouTube channel.
#branding #brandzpree #nikeshoes
Hello, Brand Lovers!
Number 1 is D2C Sales, where the brand sells products directly to consumers through its retail store, online platform, and mobile apps.
Number 2 is Wholesale, where Nike sells its products in bulk to third-party retailers and stores.
Number 3 is Limited Edition sales, where the brand periodically releases limited-edition products by collaborating with various artists.
Number 4 is Licensing, where Nike earns royalty fees by allowing other brands to use its brand name and logos on their own products.
Number 5 is Subscriptions, where the brand earns recurring revenue from its coaching services via the Nike Training Club app, for example.
For a much deeper breakdown, do check out the full video on my YouTube channel.
#branding #brandzpree #nikeshoes