By do you need a prescription to buy viagra online: buy viagra online canadian has proven himself to be a savvy businessman following his retirement from the NBA. Having already made a bundle in restaurants, gyms, his own branded products, and licensing deals, now buy viagra online canada paypal to make a big splash in a dead name – Reebok.
The former ez online pharmacy buy viagra usasuperstar O’Neal has a soft spot for the old buy viagra online canada with mastercard, having made a licensing deal with Reebok more than 25 years ago. Now, he says, Adidas has abandoned the brand and he wants to rescue it.
It’s a terrible idea for three primary reasons.
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The first reason Shaquille O’Neal should not buy Reebok is that competition in shoes is as tough as it comes. We all know about juggernaut buy viagra online pharmacy reviews, which owns about a third of the global is it safe to buy viagra online canadian pharmacyshare in athletic footwear.
While Adidas is No. 2, its Reebok buy viagra online cheap canadaonly generates 13 percent of total footwear revenue; sales were down 3 percent year-over-year.
Shaquille O’Neal would have to bring Reebok under his own umbrella and buy viagra online cheapestNew Balance, ASICS, PUMA, Skechers, Fila, Bata, and Under Armour – just to name a few.
Reason No. 2: Consumers Are Fickle
The second reason Shaquille O’Neal should not buy Reebok is that retail buyers are notoriously fickle. Plucking just about any earnings report out of any clothing or shoe retailer will likely deliver a statement about how ‘tastes are changing and we didn’t anticipate this.’
That’s why so many stores close.
Consumer tastes can swing without warning. The stock market is littered with charts of clothing retailers whose stocks skyrocketed and then crashed when tastes changed.
When it comes to athletic shoes, what’s cool today may be obsolete tomorrow.
Reason No. 3: Shoes Are Commodities
The third reason Shaquille O’Neal should not buy Reebok is that athletic shoes are effectively commodities. The only distinguishing features involve technological innovations, which can be quickly replicated.
That means tons of money must be poured into marketing. Shaquille O’Neal and partner Authentic Brands Group may have a lot of money, but they have to compete with Nike’s $36 billion in annual revenue, $2.7 billion in annual free cash flow, and roughly $5 billion annual marketing budget.
Keep your money, Shaq. There are better deals to be had.
Disclaimer: The views expressed in the article are solely those of the author and do not represent those of, nor should they be attributed to, CCN Markets.
This post was last modified on (Eastern Time): 21/06/2019 19:06