Sponsorships To build an imperium and be the market leader like NIKE, the organization must have a good marketing department and strategy. "No company in the world spends as much money on sports sponsorships as Nike” (Isidore, 2015) The endorsement of NIKE is one of the key elements to build a brand like this. The organization has a lot of big sport athletes to promote the brand like: 1. Cristiano Ronaldo ( See a commerial at the end) 2. Lebron James 3. Tiger Woods 4. Serena Williams 5. Michael Jordan Nike is using professional athletes and celebrities to promote their products. The influence from the athletes and celebrities could influence new customers. Especially really big fans of the athletes would like to have a product from their idol. Some athletes have even their own line like Lebron James. The revenues from the products is higher than the cost of the sponsorship and therefore the organization spends