7-1 Chapter 7 Leveraging McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.

Slides:



Advertisements
Similar presentations
Copyright © 2012 Pearson Canada Inc. CHAPTER 13 Sales Promotion 13-1.
Advertisements

1.07 Employ sales-promotion activities to inform or remind customers of business/product.
SEM A - Promotion PE - Employ sales-promotion activities to inform or remind customers of business/product PI – Explain the nature of sponsorship.
6.04 Exemplify sales promotions
12-1 Chapter 12 Licensing Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
The Four Domains of Sports Marketing
Sports & Entertainment Marketing Mrs. Wilson
Introduction to Sponsorship: Concepts, Objectives, and Components
Marketing through Sports Using Mainstream Strategies
10-1 Chapter 10 Venue Naming Rights Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
8-1 Chapter 8 Ambush Marketing Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
3-1 Chapter 3 Introduction to Sponsorship McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
Create Sponsorship Value Chapter 9. Sports Marketing Agency Panel The following discussion questions are prepared for members of a sports marketing agency.
Chapter 9 Sponsorship, Corporate
7-1 Chapter 7 Leveraging: Activation Of the Sponsorship Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Chapter 19 What is Promotion?.
Sales Promotion Marketing Co-Op.
Sports & Entertainment Marketing 3.1
Negotiate Sport/Event Contract  Ultimate goal is gain the sponsorship contract!  Build Trust with the sponsor  Make sure both parties are “winners”
Sponsorship Sports & Entertainment Marketing 3.1.
Chapter 17 Promotional Concepts & Strategies Section 17
4-1 Sponsorship Essentials by Björn Walliser Professor of Marketing, University of Nancy (France) & Part-time Faculty Member, California State University,
Chapter 15 Sport Sponsorship
6.04Exemplify sales promotions. Summarize the purpose of sales promotions. Sales promotions: All the communications or activities used to stimulate sales.
Leveraging Sports Brands through Sponsorship-Linked Marketing MKT 3865 Dr. Don Roy.
1-1 Chapter 1 An Introduction to Sports Marketing McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
1.06 Positioning. Terms Brand: name/words/symbol that identifies an organization and its products Brand awareness: making target market recognize and.
Wrap up gift season with the Orlando HolidayOrlando Holiday Florida’s Best Beer Fest! Brew Fest!Brew Fest!
Licensing in Sports.
Advanced Marketing The Promotional Mix. Promotion Defined Any form of communication used to inform & persuade consumers to buy products or services.
Sponsorship Management
Chapter 17 Promotional Concepts and Strategies Section 17.1 Promotion and Promotional Mix Section 17.2 Types of Promotion Section 17.1 Promotion and Promotional.
Chapter 11 Marketing Plans. Chapter Overview Lesson 11.1 Promotion Lesson 11.2 Marketing Research Lesson 11.3 Developing a Marketing Plan Lesson 11.4.
Retail Communication Mix
Activating the Sports Event Marketing Plan
Canadian Marketing in Action, 6th ed. Keith J. Tuckwell 16-1©2004 Pearson Education Canada Inc. Sales Promotion “Activity that provides special incentives.
SALES PROMOTION How have you been induced to buy merchandise?
Copyright © 2009 Nelson Education Ltd. All rights reserved. Sport Sponsorship Chapter 11.
Hospitality Promotion Unit Essential Question What are the various promotional strategies used in travel and tourism?
Chapter 13 Promotional Licensing and Sponsorship.
6-1 Chapter 6 Ambush Marketing McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
2-1 Chapter 2 Marketing Through Sports McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
Chapter Objectives Explain the concepts of branding and brand equity. Discuss the types of brands. Describe how to develop an effective brand name. Discuss.
Branding Licensing 2 Chapter Objectives Explain the concepts of branding and brand equity. Discuss the types of brands. Describe how to develop an effective.
4.1 Event Marketing Marketing The Event 4.1 The Event.
Copyright © 2014 by John Wiley & Sons, Inc. All rights reserved. Understanding the Sports Event- Sponsorship Relationship Sports Event Management and Marketing.
Ms. Smith.  Trade promotions  Consumer promotions.
8-1 Chapter 8 Developing and Selling the Sponsorship Proposal McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
4.1 Event Marketing Marketing The Event 4.1 The Event.
 Licensing is an agreement that gives a company the right to use another’s brand name for a fee.  The licensor is the company or individual granting.
1.06 SPONSORSHIP.
Chapter 7 Branding Branding is a name, word, or words, symbol, or design that identifies an organization and its products. A brand name can also be a “trade.
4-1 Chapter 4 Sponsorship Objectives and Components McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
11-1 Chapter 11 Sponsorship Foundation and Failure McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
Unit 5, Lesson 1 Copyright (c) Texas Education Agency, All rights reserved.1 Sports and Entertainment Marketing Sponsorship.
May 14,  Brand – name, word or words, symbol, or design that identifies an organization and its products  Customer loyalty  Introducing new products.
10-1 Chapter 10 Postevent Evaluation McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
Licensing & Merchandising. Objectives  Discuss product licensing and the advantages for both the sports organization and the licensee  Explain the importance.
3-1 Chapter 3 Introduction to Sponsorship McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
Chapter 13 Promotional Licensing and Sponsorship.
Chapter 11 Promotions. Objectives To recognize the complexity of promotion with respect to the various forms it can assume as part of the marketing mix.
Section 17.1 The Promotional Mix Chapter 17 promotional concepts and strategies Section 17.2 Types of Promotion.
The Importance of Branding brands Sports organizations and companies strive to develop strong brands to differentiate themselves from one another. (Ex.
5-1 Chapter 5 Sponsorship Commitment: Resources and Duration McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
Chapter 17 Promotional Concepts and Strategies1  Sales Promotion – notes  Begin Promotional Plan Project MARKETING November 6, 2015.
14-1 Chapter 14 Licensing McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved.
 Read and respond What is marketing?  The process of developing, promoting, and distributing goods and services to satisfy customers’ needs and wants.
Sponsorship Success: Creating Lasting Partnerships
Branding Licensing 2. Branding Licensing 2 Chapter Objectives Explain the concepts of branding and brand equity. Discuss the types of brands. Describe.
Presentation transcript:

7-1 Chapter 7 Leveraging McGraw-Hill/Irwin©2007 The McGraw-Hill Companies, All Rights Reserved

7-2Leveraging Sponsorship Has Been Characterized as a License to Spend More Money Sponsorship Is Not a Stand-Alone Activity Need to Support Any Sponsorship with Additional Efforts Designed to Reinforce the Awareness that the Marketer Is an Official Sponsor of the Property

7-3Leveraging Also Referred to as: –Activization –Collateral Support

7-4 Why Leverage? Reinforce Relationship in Consumers’ Minds Reduce Vulnerability to Ambush Marketing Increase Likelihood that the Sponsorship Will Achieve Its Anticipated Objectives

7-5 License to Spend Source: IEG, Inc. Reprinted with permission.

7-6 How Much Should Be Spent on Leveraging Activities? No Universal Agreement Amounts Vary Significantly General Standard Is That a Minimum of $1 Should Be Spent on Leveraging for Each $1 Committed to Rights Fees

7-7 Leveraging in Practice IEG Reported Expenditure Ratio in 2004 Was $1.30 Spent on Leveraging for Each $1.00 Paid in Rights Fees New Report Indicates that Ratio Slightly Increased in 2005 to $1.34

7-8 Leveraging Techniques

7-9 Theme-Based Advertising Using Advertising that Focuses on the Same Theme Germane to the Sponsored Event adidas Sponsors the World Cup of Soccer; They Use TV and Magazine Ads that Feature a Soccer Theme

7-10 Advertise During the Broadcast of the Event Often, Sponsors Are Given Opportunities to Purchase Advertising Time Prior to that Time Being Offered to Nonsponsors McDonald’s Airs TV Advertisements during the Olympic Broadcast in an Effort to Leverage Its Sponsorship of the IOC

7-11 Advertising in the Event Program Reach the Fans at the Event; Those in Attendance Will Read the Program and Be Exposed to the Sponsors’ Advertisements FedEx Used Ads in the Ryder Cup Program to Reach Fans and Increase On- Site Business

7-12Packaging Incorporate Trademarks and Logos of the Sponsored Event on Product Packaging Must Have Been Granted This Right in the Contract by the Sponsee McDonald’s Incorporates Logos of World Cup, UEFA, & Olympics on Its Drink Cups

7-13 Distribution of Free Products or Premiums Use Free Samples of Sponsors Product or Promotional Giveaways that Feature the Sponsee’s Trademarks and Logos Absopure Gives Free Samples of Its Water at Michigan Stadium GM Gave Out Poster Featuring NFL Team

7-14 Provision of Prizes Sponsor Provides Goods and Services that Sponsee Uses as Prizes for Selected Activities Southwest Airlines Provides Tickets that MLB’s St. Louis Cardinals Give Away to Contest Winners Selected from Fans in Attendance

7-15 Point-of-Sale Display (POS) Use of Themed Signage at Retailers; the Signage Features the Sponsorship Adidas Uses Display that Feature Soccer and the Brazilian Team in Retail Stores in South America

7-16 Push Strategy for Retailers Engaging in Activities Designed to Persuade Retailers to Increase Exposure of the Sponsor’s Products and Promotions within the Retail Environment This May Involve Some Type of Financial Compensation for the Retailer NASCAR Sponsor, Country Time, Achieved a Substantial Increase in Display Space because Retailers Saw a Chance to Increase Its Sales

7-17 Consumer Sales Overlay Consumers Associated with the Sponsor Can Buy Tickets at Discounted Prices AAA Is a Sponsor of the Detroit Tigers; Members of AAA Have Several Opportunities Each Season to Purchase Tickets at Half Price (2 for 1)

7-18 Cross-Promotions with Co-Sponsors Collaborate with Another of the Property’s Sponsors in a Joint Marketing Endeavor U.S. Olympic Team Sponsors (Hilton Hotels and United Airlines) Put Together Travel Packages While Referencing Their Association with the USOC

7-19 Affinity Programs Capitalize of the Brand Equity and the Consumers’ Affection for the Sponsee Effective For CRM-Based Sponsorships, but Applicable in Sports Marketing MNBA NFL “Extra Points” Visa Credit Card Features NFL Logos and Consumer Benefits Accumulated by Using Card

7-20 Web Tie-Ins Acknowledgement of the Relationship on the Sponsor’s Own Website – May Link Coca-Cola’s Web Site Has a Link for “Citizenship.” Clicking Through Will Direct the Browser to a Listing of All of the Marketer’s Sponsorships Where One Can Click Through to Any of Its Sponsorships Including the IOC, FIFA and NASCAR

7-21 Overview of Leveraging Essential for Maximizing Impact Expensive- Consider Cost of Leveraging as Well as the Cost of the Rights Fees Sponsee Can Advise Sponsors on the Use of Effective Leveraging Strategies

7-22 Example of a Leveraging Effort Visa and the NFL Affinity Credit Card Contest for Consumers Who Use the Card Print Advertising Featuring NFL Logos POS Featuring NFL Logos in Stores Cross-Promotion with DirecTV Chance to Win Tickets to Super Bowl

7-23 Example of a Leveraging Effort Best Western International and NASCAR NASCAR Room Rate (Discounts) Affinity Credit Card Cross-Promotions with Co-Sponsors On-Site Hospitality at Race Location Access to Tickets through Hotel

7-24 Make-Buy Decision Make – Sponsor Develops and Implements Its Own Leveraging Program Buy – Sponsor Hires an Outside Agency to Assist in the Development and Implementation of Its Leveraging Program

7-25 Who Is Use When “Buying”? Source: IEG, Inc. Reprinted with permission.

7-26 Closing Capsule If a Sponsorship Fails to Achieve Its Objectives, the Sponsor Must First Ask Itself: “Did We Do an Adequate Job in Leveraging Our Sponsorship?” Leveraging Helps Reduce Impact of Ambush Marketing Effort

7-27 Closing Capsule Sponsorship Is Only Effective When the Consumer Recognizes the Relationship between the Sponsor and the Sponsee Effective Leveraging Makes that Recognition Far More Likely