Iverson: The Brand

A.I.'s persona always a draw at retail stores
Marketers say trade doesn't hurt or help image
By SCOTT LAUBER
THE NEWS JOURNAL
At least, the ones with a 76ers logo on the front.
"You'll be able to go to the markdown racks and find all the No. 3 Sixers jerseys you want," said John Horan, publisher of Sporting Goods Intelligence, an industry newsletter based in Glen Mills, Pa. "Nobody's going to buy those jerseys now."
Not after Iverson, the 76ers cornerstone and a Philadelphia sports icon for the past decade, was traded Tuesday to the Denver Nuggets.
But, while the trade spells the end of an era for the 76ers, marketing experts said Wednesday it shouldn't alter Iverson's appeal -- or, in some cases, lack thereof -- as a product endorser.
Thus, even as he heads to Denver, Iverson's short-term marketability remains on steady ground. In the long term, it may even be strengthened if he can help the Nuggets to an NBA championship.
"Even in this area, there will be people who buy his Nuggets jersey. There are people here who were more fans of Iverson's than the Sixers."
But Iverson's popularity stretches far and wide. He has a $100 million, lifetime contract with Reebok, the world's second-largest athletic shoe company. It has produced 10 models of Iverson sneakers (the latest is the Answer X) since 1997.
And, one day after the trade, Reebok executives stood by Iverson, leaving little doubt he'll remain their No. 1 pitchman.
Clearly, that wasn't going to happen in Philadelphia. The 76ers have fallen to the depths of the league, and two weeks ago, Iverson requested a trade, team officials said.
"We try not to market an individual player. We've always tried to market the team," said Lara Price, the 76ers senior vice president of business operations. "But Allen was the one consistent player, so you would be crazy not to market him. But now that he's gone, we're going to continue to focus on the team.
Some experts believe Iverson's rebellious nature has hurt his marketability, which won't improve in Denver unless he changes his image.
DBI spokesman Chris Anderson noted that Iverson's appeal rating was close to the rating for Mark McGwire, the former baseball slugger who has been suspected of using steroids. In trust, Iverson ranked near professional wrestler "Stone Cold" Steve Austin.
In other words, nothing much will change.
"Allen Iverson is a brand in and of himself," said Bill Glenn, a vice president for The Marketing Arm, the company that conducts the DBI. "A trade doesn't change the brand unless he changes his behavior."
"I think he'll remain popular here," Horan said. "Not as popular, of course. But it's not like a T.O. thing. When I went to Sixers games, the reason I went was to see him play. I'm sure there are a lot of fans that still feel that way."

<< Home