An analysis of the nature and role of reciprocity within the Nike x Basement Collective co-creation strategy
Abstract
Co-creation strategies have been adopted extensively particularly in the
fashion and sportswear sectors. Big brands like Nike are often perceived
by the consumer to be out of reach and distanced from the consumer with
whom they are so desperately trying to connect. Co-creating with
collectives, such as Basement, which are closer to the consumer can be
mutually beneficial, providing Nike with market understanding to inform
their strategic direction and assisting Basement with a platform and
budget to deliver what their community wants. This paper explores the
nature and role of reciprocity within Nike’s co-creation strategy with The
Basement Collective. The study concludes that reciprocity plays a key
role within the co-creation strategy and in some cases, enhances seller
performance and widens both BSMNT and Nike’s consumer/fan base.
Full Text:
PDFRefbacks
- There are currently no refbacks.
ISSN 2516-9157