Matt Bourn of Braben PR has recently blogged about the messages that came out of last week's Sport Marketing 360 conference in London. This is what he wrote:
1. The next 48 months offers huge potential for sports marketing and sport has an important role in pulling the country out of the recession.]
2. Manchester United is said to have 300 million fans, the same as Disney. Disney monetises every single one of those fans in many different ways – film, DVD, TV, merchandise. Manchester United does not yet. So do the Red Devils have a successful business model?
3. FIFA has a much higher profile than the IOC with the youth market. Why? Because of the video game, not the sport itself.
4. Advice to all sports rights holders: Don’t sell rights, create benefits for your sponsors.
5. More advice to sports rights holders: Remember, brands have a powerful role to play in marketing the sport for you.
6. A view from a sports rights holder: Sponsorship is about a true partnership – offer unique content, unique opportunities for fans.
7. In defence of sponsorship: There has been much debate this year focusing on the credit crunch, banks and corporate sponsorship which has led to the defence of sponsorship as a valued marketing medium. Does more need to be done?
8. Advice from an Olympian to potential sponsors: understand (and enjoy) the sport, don’t lose faith in an athlete’s performance, training comes first and remember - activate the sponsorship.
9. More advice from an Olympian: sponsorship is evolving and it is a platform for doing something good
10. It’s not just brands that benefit. The global nature of sport has seen cities and countries using it to promote themselves on a global scale – Dubai, London, China – this will continue.
In the light of Sport Marketing 360, are we to conclude that sport marketing has now come of age and has a significant role to play in sport, especially as it has benefits for all associated with sport? Or is there still a pervading sense that sport marketing is nothing more than a focus for using sport for commercial purposes and that it is essentially exploitative and cynical?
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