My indisputable hypothesis is that the bigger a sponsorship opportunity is, the harder it is to control it for the benefit of your brand. So i wonder why more brands don't sponsor lots of smaller events or the less well known sports. Understandably you are unlikely to hear 'lets own fell running, curling and netball' from a board table thumping CEO but there again smaller events tend to be more grateful and consequently do more to make sure the sponsorship works, they package it and activate if for you. Of course you don't get the reach but you do find consumers keener to repay the commitment. Estate agents and solicitors often find sponsorship of the local sports club pays back in revenues, social bonds being more powerful than financial ones. (see Predictably Irrational, Nursery school experience)
So when i am head of marketing for Bernard Matthews, Krispy Kreme or ACME I'll try to remember.
1) When i am offered a big sponsorship opportunity, look for a series of smaller simpler events that could potentially achieve the same results.
2) Look for opportunities before i am asked
3) Make sure it fits the business (before someone says anything obvious)
4) Think of sponsorship as earned rather than paid media i..e the cheque is only the beginning of a great relationship
Unless of course my new boss likes football and wants tickets to the world cup final. In which case i will pretend my 6 year old wrote this.
a blog about marketing, social media, bits and pieces on psychology and behavioural economics
Showing posts with label sponsorship. Show all posts
Showing posts with label sponsorship. Show all posts
Sunday, 22 November 2009
Saturday, 28 March 2009
Inactive sponsorship
I am sure i am setting myself up for a fall and will be accused of being too left brain about this but I don't really get a sponsorship. What do Samsung get out of sponsoring Chelsea? What return on investment does Vodafone get from England Cricket. I think they call this passive sponsorship.
I definitely understand sponsorship when there is a shared relevance so Flora sponsoring the London Marathon and, is it, Pedigree sponosoring Crufts Dog Show. And it is even better when a sponsorship is active or strategic, where the sponsorship showcases the product or service. So I am thinking IBM and Wimbledon, Ariel and Championship Whites, SAP and HP in F1.
Can anyone explain what they get out of logo sponsorship?
I definitely understand sponsorship when there is a shared relevance so Flora sponsoring the London Marathon and, is it, Pedigree sponosoring Crufts Dog Show. And it is even better when a sponsorship is active or strategic, where the sponsorship showcases the product or service. So I am thinking IBM and Wimbledon, Ariel and Championship Whites, SAP and HP in F1.
Can anyone explain what they get out of logo sponsorship?
Labels:
Ariel,
bad marketing,
good marketing,
HP,
IBM,
ROI,
SAP,
sponsorship
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About Me
- thinking marketing
- United Kingdom
- Just curious about marketing, psychology, economics, business, irrational behaviour, people, models, communications, advertising, market imperfections, b2b marketing. I work in the marketing communications industry for OgilvyOne.