Monday, August 9, 2010

Nike's Waiting Game


A new poll from Harris Interactive lists golfer Tiger Woods as "America's favorite sports star." At the same time, a survey from E-Poll Market Research in June listed Woods as one of the "most disliked people in sports."

These polls raise tough questions for marketers when trying to determine who they should hire to endorse their products. Nike has remained loyal to Tiger through all the turmoil which was really their only move. In the long run, Nike needs Tiger a lot more than Tiger needs Nike. They couldn't drop him. They wouldn't have a golf brand if it weren't for him. But unlike Gatorade, Accenture and AT&T - who's brands were more sensitive to off course behavior - Nike could hang on to Tiger because his on-course dominance was what drove their image and demand for their product. Now his golf is suffering and no one knows for how long. Like most of us, Nike thought he'd be back to form by now.

As if essentially losing your #1 endorser wasn't enough, Anthony Kim has been sidelined most of the year with an injury. He returned at Bridgestone this past week and fired rounds little better than Tiger.
With two of their top horses out the race, it's surprising they've done so little to raise positive awareness for their brand. The best move for Nike could have been to do nothing. Perhaps they were being fiscally conservative. But while TaylorMade-adidas picked up Camilo Villegas to balance out the "dislikable" Sergio Garcio, Nike Golf 's quiet summer playing a waiting game for Tiger has hardly paid off. They're still left will Stewart Cink, Paul Casey, Lucas Glover, K.J. Choi and Justin Leonard as endorsers and while they aren't disliked like Tiger and are surely playing better golf than Tiger, they aren't close to being called "American's favorite sports stars."


No comments:

Post a Comment