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FESTIVAL OF MEDIA NEWS

Key take away facts- Around $30bn is spent on sports sponsorship annually, according to agency IEG - In December last year, Honda pulled out of F1 sponsorship, having spent around £300m on the competition since 2006. - Other brands who have pulled out include ING from its F1 Renault investment; Vodafone from the English Cricket Board, and General Motors from the Masters Golf Tournament. - Coca-Cola, which has been involved with sports since 1928, has made the best use of sports sponsorship, according to a Eurosport, Synovate and ZenithOptimedia study entitled “Business & Sport: Perfect Partners”. - Adidas came second in the study, having had a heavy involvement in football since 1954. - Vodafone, a relative newcomer to sport, managed to take third place, for its involvement in UEFA since 2006 and its F1 sponsorship since 2007. - Some 53% of respondents agreed that it was strongly important that a brand has a long standing involvement in sport. With most feeling that year-long partnerships were not engaging as they feel the company lacks commitment and is involved in sport for short term financial gain. |
CMD Selection is a new fortnightly feature where we focus on a particularly topical theme, drawing out the best examples of media creativity.
Click here to check our previous CMD Selection: Cream of the Festival, Branded Content, Alcoholic Drinks, Changing Models, Mobile, Travel and USA
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Sport has the power to unify people from all demographics with intense passion, which explains why brands are falling over themselves to be associated with it. But sponsorships are extremely expensive and we have seen brands pulling out of these costly partnerships given the pressures of the economic climate. Brands can’t just throw money at the problem and hope for sports fans to flock to them – they need long-term commitment that shows fans they are not simply in sport for financial gain.
For those brands that don’t have the huge budgets, there are still many examples of effective guerrilla marketing or hijacking of events – which often leave the consumer uncertain as to which brand was the official sponsor.
In the run up to the UEFA Cup Final, CMD Selection sorts the wheat from the chaff and highlights best practice examples of brands teaming up with sports.
Create a long-term platform Coca Cola (FREE)
Coca Cola helps young people from smaller towns achieve their dream of becoming professional footballers with a reality TV show that gave kids the chance to live like real football players at the Argentine Football Association building.
Pepsi
Pepsi scuppers Coca-Cola’s official sponsorship with an aggressive campaign that leaves 40% of people thinking it was the official partner, compared to 20% of people saying Coke.
Create meaningful partnerships with credible media ownersFrosted Flakes
Kellogg’s responds to early chatter concerning advertiser’s impact on childhood nutrition and encourages children to be more healthy with a long-term sports-related campaign.
Red Bull
Red Bull turns an advertising mechanism for its ‘gives you wings’ proposition into a brand extension in its own right with the Red Bull Air Race.
Nike
Nike intrudes on the week of the Olympic opening ceremony with an ambitious experiential campaign in Shanghai centred around China’s biggest sport, basketball.
Leverage player sponsorships opportunisticallyReebok
Reebok takes advantage of a basketball player sponsorship with a mobile campaign that becomes a national phenomenon
McDonald's
McDonald’s encourages Chinese consumers to support the Olympics by submitting their cheers online with at chance to form part of the Beijing Olympics cheering squad.
Alka Seltzer
Alka Seltzer teams up with the International Federation of Competitive Eating to create the US open of over-indulging which would get them thinking about the brand in a positive frame of mind.
Think outside of the pitchGuiness
Guinness provides rugby fans with a Cantonese-speaking application to help them to get around Hong Kong, leading to a 30% increase in Guinness sales.