Thursday, April 25, 2013

The Jordan Effect Study Guide (Derek Miller)


1.     What is the “Jordan effect” and how does it reflect Jordan’s (one-time) impact on the economy? (Is there a bigger star in the sports world than Michael Jordan? Probably not. At a point in time Michael Jordan was Kobe Bryant, LeBron James, and Peyton Manning all rolled into one.  Jordan had charisma on and off the court and the magical skills that made him a legend, as a result, the economic effect around Michael Jordan was at level that may never be seen again.  Jordan had the power to promote any product and make it a success.  In class, we discussed that the mere presence of Michael Jordan in the marketing campaign turned little known sunglass brand, Oakley, into a world power in the eyewear industry.  Everything Michael Jordan touched seemed to turn to gold.  Earlier this semester, our class discussed how sports figures branch out into different areas of entertainment.  For instance, many basketball players attempt a career in the music industry.  As for Jordan, the television screen is where he made is mark off the court.  Like a fly is attracted to a big zapper, the general public was infatuated with Michael Jordan.  Michael Jordan endorsed some of the most popular products of all time, two of them being Gatorade and Nike.  Does it get much bigger than Gatorade and Nike in the sports industry?  Jordan had a lot of do with the continued economic success of both Gatorade and Nike.)

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