sponsorship sports marketing mrs. wilson. q.o.d. 10/16/13 what’s most important or beneficial to...
TRANSCRIPT
SponsorshipSports Marketing
Mrs. Wilson
Q.O.D. 10/16/13
What’s most important or beneficial to someone running an event?
The consumer (the sports or event fan)
The event itself
The sponsor of the event
Event Triangle
$$$$$$$ $$$$$$$
Sports Sponsorship
Defined:
Investment in a sports entity or property to achieve organizational goals
Examples--> Bank of KY Center & Staples Center
Signature Sponsor
Sponsorship Leveraging
Leveraging: getting as much as possible from a sponsorship agreement
Visa Leveraging
2000 Olympic Summer Games, Sydney Australia
Drawbacks to Sponsorship
Becoming common
expensive ($4M for 30 sec on Super Bowl)
clutter
negative publicity- what if they break the law?
Think of an example...
Sponsorship Process
1.Sponsorship Goals
2.Sponsorship Budget
3.Sponsorship Acquisition
4.Implementing & Evaluation
Sponsorship- Goals of Sponsorship
Goals of Sponsorship
Direct or Indirect
Tangible or Intangible
easily measured or not able to measure?
Goal Examples
Direct
1.Increase sales ( can be measured)
Indirect
1.increase awareness
2.be competitive
3.reach the target market
4.build customer relationships
5.develop our image
Sponsorship ExclusivityExclusivity in Sponsorship is in “Categories”
Example: Fast Food, Non-alcoholic beverages, banking
Events
want narrow categories for exclusivity
•Sponsors•want broad categories for
exclusivity
Sponsorship Budgeting
Funding the Sponsorship & Promotions
Funding by same means as in Promotion
Competitive parity
arbitrary allocations
percentage of sales
objective & task
1.Fund for the primary sponsorship
Pepsi: Major League Baseball
$80,000,000 over 5 years
Sponsorship Budgeting
2.Fund the Co-Promotions
• Frito-Lay Promotions & bags
• Pepsi Lipton Tea & MLB Homerun Derby
• Subway Signage & Promotion of MLB All-Star Balloting
• “Catch the Season” Pepsi Product Promotions
• NASCAR & Britney Spears Ticket Prize Packages
• Cracker Jack Snack Sales & Trading Cards
Sponsorship Acquisition
Determine Scope
global, international, national
regional, local
Determine Athletic Platform
the team, the event, or athlete
Select by:
budget & feasibility of platform
geographic scope of the sponsorship
sponsorship objectives
Sponsorship Opportunity:ASPEN SCHOOL OF MUSIC BENEFIT
Running & Evaluating the Sponsorship
Defined:Pre & Post Event Measurements. How did we do?
Why Sponsors Fail????
No Budget
Not Long Term (they do it once)
No measurable objectives
too brand-centric
too much competition
failure to excite the sales chain
insufficient staffing
buying at the wrong level
no local extensions