Sports and Marketing.
Have you ever wondered How sports events like World Cup and Olympics are used by companies to promote their brands!
Sports, popular and most widely
followed activity around the world is the right arena for various brands to sponsor,
promote or endorse as a brand. Over the past decade marketers have understood
popularity of such events and have made them focus point of marketing
campaigns. The main benefit being massive exposure.
Sponsorship: A commercial agreement between a
sponsor and the source, which provides financial and other support in order to
create a good image of sponsor’s product, image and brand. The objectives being change in behaviour of
its existing and potential customers and presence of product and brand in
customer’s perception.
The
sponsorship does not necessarily have to be for events, it can also be for
athletes and teams. The brand later uses this relationship to achieve its
promotional objectives.
The one
best example is of Indian Premier League. Yearly there is always a competitive
bid for the sponsorship. Brands always make a detailed study of the market and
outcomes they are looking for before sponsoring. Last season being sponsored by
VIVO, the brand experienced a great sales post sponsorship.
Campaign: Reinforcing the market through positioning
by involving different activities that follow a theme which eventually
communicates with the market. There is a specific format or content for running
a campaign. This can happen anytime, anyplace for any brand. The brands also
might run it to reduce their negative publicity. As mentioned above the main
objective of any campaign would be to increase their sales and increase their
customer base.
I list my
personal best campaigns.
"My name is
Sindhu and I want a pizza”: Initiative taken by Pizza Hut as a token of
appreciation for Rio Olympic medalists. When PV Sindhu won a medal pizza hut
right away announced any girl named Sindhu may walk-in to their nearby pizza
hut outlet and claim a free pizza with valid ID proof. Though it is the leading
pizza outlet chain in the country it not necessarily has to do it but as a
point of its social responsibility and brand positioning they run such
campaigns.
“Paddy Power”: Apart from highlighting brand it also highlighted environmental issue during football world cup 2014. The focus was to control deforestation in Amazon forest. The campaign came into action when Paddy Power an Irish bookmaker carved out certain trees of the forest saying “C’mon England PP”. This raised awareness for both brand as a whole and for deforestation.
Social Media: Could it be any event social
media has always got its presence. Due to the wide social network amongst
people and easier way to connect them to a campaign. This platform gives you
different options like Facebook, Twitter and YouTube.
Forget brands or companies a nation
as a whole can do the same to attract more tourists to their country. “Visit
Croatia. Share Croatia” a user generated social media campaign wherein tourists
are being invited to share their memories of images and videos under the
hashtags #LoveCroatia #ShareCroatia. Those who attract most votes will win a
vacation to the country.
Top brands like P&G and UnderArmour
also ran a campaign on YouTube during the latest Olympics. P&G campaign
being “Thank You Mom” which showed athletes with mother by their side while
practicing for their support and “Rule Yourself” by UnderArmour which values
the hard work and 24/7 dedication that leads to success. Both campaigns
combined have over million views.
It’s quite
clear that Sport Marketing plays a great role in marketing or promoting a
company as a whole and has wider horizon of possibilities for positioning,
increasing brand image and finally building customer loyalty.
By:
Darshan
Vaidya
Marketing & Digital Marketing.
FLAME School of Business