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Leveraging Social Media to Grow Your Fan Base, Maximize Attendance and Increase Revenue Pat Coyle [email protected]

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Leveraging Social Media to Grow Your Fan Base, Maximize Attendance

and Increase Revenue

Pat [email protected]

250 million websites, 300,000 Twitter apps, 550,000 Facebook apps, 150,000 iPhone Apps…and counting

2008-09

ContentPeople

SoftwareHardware

Bandwidth

Web 2.0

3

Keeping pace with Digital (sort of)

2003 2004 2005 2006 2007 2008 2009 2010

MySpacefounded

MySpace purchased by NewsCorp for $580 million

YouTube Founded

One team’s perspective

YouTube bought by Google for $1.65 Billion

Twitter launched

“Facemash” is born in Zuckerberg’s dorm room Four Square

$500,000 Raised

Name Changed to Facebook

Move to Palo Alto

Face book opens to public

Turns down $1 billion offer

$40 Million raised

Facebook Connect

Facebook Like button

Facebook 500 million…

1997 Colts.com Launched 2007 Colts.com $$

Teams launch Facebook pages & Twitter accounts

iPhone proliferates

Broadband access increasingMySpace brand pages

U.S. Team Digital Landscape

1/31/31/3

Leaguevs.

Team

VisionResources

Pace of Change

Teams / Innovation Rules / Issues Leadership

NFL – NBA – NHL – MLB – NASCAR - AFL

Team Media: revenue potential?

Web

Radio

TVArena

Annual Unique Visitors

Sources: Scarborough, Omniture, TNS Research (ESPN Sports Poll)

Internet Arena Radio

Revenue Audience

Sense of urgency: perishable inventory

2009 Web Unique Visitors from Omniture2009 Radio & Arena visitors from Scarborough2009 Revenue data from club records

Revenue per unique:Arena: $32.09 Radio $15.63 Internet: $0.16

6

Sports Team Digital : balancing act

7

Ticket Promotion

Sponsorship Inventory

Revenue

10

9

8

7

6

5

4

3

2

1

0

0 1 2 3 4 5 6 7 8 9 10LOW Value HIGH

Visits, Views, Sales

EASYEfficient

Execute

HARDExpensive

Discovering the value of social media

Easy or affordable Low Value

Difficult or ExpensiveLow Value

Easy or affordableHigh Value

Difficult or expensiveHigh Value

Fans Create

Team news, video, photos, stats

Video or News that nobody sees

Community PR

9

What is social media?

Media = connector

Connect customers to each other, and you connect them to your brand

Social = people

Why all the fuss?Paid Media

Earned Media “Word-of-

mouth”

Time

$$$

Social Graph

2 schools of thought (social)

Engage Fans where they are until we figure it out…

Drive fans to team Website, sell sponsorship; collect data and direct market via E mail.

A B?Collect the whole set Stick to your knitting

A

Segmenting is critical, (even with Beanie Babies)

Retail Sold$10 $3,000

1. People swarmed to collect2. Gained bragging rights 3. Is anyone making a living?

Peanut

Drive traffic & fan engagementSince implementing LIKE button:

Page views per user up 92%

Time on-site was up 85%

Overall visits went up 36%B

Team social updates: no links, no strategy?

Study of 10 pro teams, Aug 15 to Sept 1, 2010

Facebook TwitterNo link in update 35% 56%

What am I saying?

1. Have a strategy (what’s measured can be managed)

2. Know your limits (set realistic goals, timelines, budgets)

3. Know your fans(listen first, then join the conversation)

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Who is following the teams?16 teams, 4 leagues, 2 countries

Team social survey, 2010

Why do fans follow teams?

?

Team social survey, Summer 2010

Avid fan interest year-round

Source: AFL Social Survey 2010, Coyle Media

Club followers are interested year-round…

…and consume club news everywhere!

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Social Media Personality: differences

Understand what fans will do, and what they won’t do… …before devising plans

Spectator Talker Joiner Critic Creator Collector Inactive

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Produce Content

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90% of content producers more likely to gain awareness, consideration, purchase and recommendations

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My Father started taking me to PGA & LPGA golf tournaments in 1977 to watch Ben Crenshaw, Tom Watson, Nancy Lopez and Betsy King. We had a lot of great memories. My Dad would be mistaken for Nancy Lopez's Dad in the gallery at times and we ended up meeting her family at a Corning tournament. He is passed away now, but would be proud that I will always have a love of golf because of him. In 2005, I had just had our youngest child when Crooked Stick was hosting the Solheim Cup. I attempted to drive over to the course, but was not physically able to watch the matches. My dream would be to take my oldest daughter to the U.S. Open this year. She is almost 14, the age I was when my Dad would take me to tournaments. She has a natural swing and ability for golf and what an opportunity to see the greatest players who ever lived up close! It would be incredible to make and relive memories and have her experience a part of history.

Engage fans: they’ll generate great content

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80% of fans can be motivated to purchase by causes / charities

Cause Marketing goes viral: locally!

1. Fans compete – word of mouth

2. 60,000 cans of soup to local food pantries

3. Learn about sponsor product

4. Play football themed game

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Location-Based Services

Just 4% of U.S. Online consumers have used location-based services

Relatively high % willing to engage

Check in & WinFacebook Places

Seat upgrade

Team prize

Sponsor prize

Social fans: ticket buying?

Team social survey, Summer 2010

70%

Value of each “share”

$1.78 Ticket Sales

7 Site Visits

Consistent across all types of events: large, small, free, paid.

Grow fan baseFocus on fan experience (offline, online)

Deliver: Camaraderie, Consistency, Recognition, Access

Maximize AttendanceTeam promotes experience

Fan promotes experience

Grow RevenueTickets

Sponsorship

Merchandise

Use Partnerships :

League, players, other teams, media, influencers

Use Social Graph:

Content, contests, causes

Cross promotion:

Team media: Web, E mail, Twitter, FB, radio, TV, etc.

@KingJames: 1 million + followers @nba: 2 million + followers

Partner for Ticket promotions

Hornets: 15,761 followers

Player shares a standard offer as if it’s a special offer for his followersPlayers also partner:

Chris Paul: 248,625 followers

Social Graph:Invite fans to do the work

1. Photo contest – post photo on Jets Facebook album (sponsored by Motorola).

2. Most “Likes” wins

3. Fans motivated to enlist friends

4. Drove more traffic to Jets Facebook page

Cross-promote1. E mail offer to “Bee Mail” list

2. “Like” to win

3. Added 1,400+ FB followers

Web

Email

FacebookTwitter

Partners

Team Media Channels

Long way to go: focus on attendees?

.8% 3%

Example: NY Knicks. Source: TNS Research (ESPN Sports Poll 2010), “Fav team fans.” (Sept., 2010)

FC Barcelona Facebook: informationSource of ticket information, customer service

Cleveland Indians “social deck”Invite influencers to blog

Face-to-face connections

Tweet for Charity (#

Sell tix, build database

You are not the center of the fan’s universe, so be ready…

Fan’s Life

Facebook

Twitter

Mobile

Your Website

MarketingDatabase

Twitter

FacebookWebsite

x

Celtics: Build database, engagement

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Barclays ATP World Tour FinalsEmail Marketing Case Study

1. Program at center of event digital strategy

2. Effective results, best ROI: over 50k tickets, $3M in revenue

3. Program life cycle established for upcoming years

4. Best practice for other ATP World Tour events.

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1. Barclays Window

2. Preferred Database /

Pre-Sale

3. Public Sale

4. UK Season

Push5. Player

Qualifications

6. Summer Series

7. Fall Europe

Push

8. Tournament Mode

9. Recap / Thanks

Push ticket offers when sport is in the news

Takeaways• Invite engagement, and build database

– Content– Contests– Causes

• If you can’t monetize on social, then drive traffic to event Website– Include links back to Website in all updates– Pump the volume: don’t be afraid to update– Leverage social apps on site (Share, Like, comment, etc)

• Use all your tools and partners – cross promotion & distribution– PGA, players, fans, other tour events, local media, etc.– Find content producers & influencers ASAP (Tom Sawyer)– Piggy-back on news (social media is real time)

• Major events• Player news• Charity news

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Sportsmarketing20.com

Linkedin Group (Sports 2.0)

@sports20, #sports20