SEMII 2.06A/B Identify ambush strategies to use at other events

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SEMII 2.06A/B Identify ambush strategies to use at other events Develop viral sport/event marketing strategies

What is Ambush Marketing? Ambush marketing is an emotionally-charged phrase that refers to the practice of appearing to align a brand with an event for which that brand has not paid for the right to be a sponsor.

Reasons Businesses Use Ambush Marketing It’s effective It attracts consumers at the expense of its competitors It is cheaper than being an official sponsor For some smaller companies, it is the only way to be tied in with a large sport event

Ambush Marketing used as a Marketing Strategy A brand associates itself with a sport/event Used to gain market share May sponsor an athlete or team, but not the entire event Handing out free apparel or items with the company name on it

Impact of Ambush Marketing on Sponsorships It could hurt the ambushing company in future sponsorships It hurts event/sport organizations ability to demand high sponsorship prices It frustrates official sponsors that have paid top dollar for the right to sponsor an event.

What is Viral Marketing? any marketing strategy that encourages users to pass on the marketing materials or message to others.  Also known as “word-of-mouth marketing” This creates an exponential growth pattern, not unlike that of the flu virus, as the material is forwarded from friend to friend, allowing the message to reach millions, if done right.

Importance of viral marketing It is the least expensive option for advertising purposes It can make or break a company Consumers want to hear what the public has to say about a company – it is much more reliable than a paid advertisement

Principles of viral marketing 1 - Free Products or Services The majority of viral marketing strategies give away something for free.  Free ringtones.  Free samples.  Free games.  A core principle of viral marketing, is delayed gratification.  You may be giving away free product initially, but understanding that the attention and buzz you can generate from your campaign will pay off in spades down the road. 2 – Spreads Easily YouTube, Facebook, Twitter, etc. 3 – Easy to Scale Make sure your marketing campaign pays off. 4 – Use a Common Human Motivation Should appeal to basic human nature: fear, humor, love. People need to connect with your marketing scheme. 5 – Content is everything if people are not interested, your campaign will never take off 6 – Keep it Simple Old Spice Guy Responds to Fans

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