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Published byAmber Perry Modified over 9 years ago
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I talked to some of the biggest corporations and could not even get a single sponsor for a gymnastics talent program I was running – in spite of being a three time Olympic medalist. Gervasio Deferr Men’s Vault gold medalist at the 2000 & 2004 Summer Olympics “ “
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Problem Statement Fans Unattractive Competition Athletes Insufficient Compensation Associations Youth Problem Sponsors Unprofitable Advertising
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Our Concept Traditional Gymnastics Gymnasts complete a pre-set routine on one specific apparatus Freestyle Gymnastics Athletes complete their freestyle routine on a spectacular terrain of trampolines, rails and plateaus The Freestyle Gymnastics World-Series Constant fan engagement 1 champion / 16 events across the world Exciting competition 16 participants per event / knockout mode Easy-to-understand grading 3 grading criteria: difficulty, execution & style More than just sports Popular music acts & social media campaign
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Value Proposition New & exciting sports Sponsoring opportunities Platform for experimentation Attractive target audience Fans Athletes Associations Sponsors
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Impact Spillovers to traditional gymnastics Increased TV & sponsoring revenues Sustained future of gymnastics Impact Younger & cooler image of the sport Creation of constant social media and TV following New lucrative sponsoring & TV deals Better compensation for athletes Appeal to a younger target group Easier to practice version of gymnastics
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Financial Viability 120.000 €104.000 €> RevenuesCosts Merchandising Ticket Sales Sponsoring Broadcasting Venue Security Event Agency Athletes Marketing
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Implementation Roadmap 08/201502/2016 02/2017 Test Event1 st Europe Series Event1 st World Series Event Event Planning Social Media Campaign 10.000 Spectators Test Event Assessment TV & Sponsoring Deals 3 Premium Sponsors Europe Series Assessment Worldwide Marketing Broadcast in 25 countries Investment risk is significantly decreased through constant testing & feedback loops
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Financial Viability 2015 2016 20172020 2023 Revenue Streams Merchandising Earnings Net Operating Profit Event Costs Ticket Sales Sponsoring Broadcasting Venue/Location Security Event Building/Agency etc. Athletes Marketing 120.000 104.400 25.600 15.360 15.000 30.000 75.000 10.000 32.000 10.000 32.400 10.000 900.000 835.200 64.800 38.880 240.000 300.000 120.000 256.000 80.000 259.200 80.000 160.000 1.680.00 0 1.510.40 0 169.600 101.760 480.000 400.000 320.000 512.000 160.000 518.400 160.000 3.092.40 0 1.510.40 0 1.582.00 0 949.200 960.000 1.280.00 0 532.400 320.000 512.000 160.000 518.400 160.000 3.588.60 0 1.510.40 0 2.078.20 0 1.289.45 0 960.000 1.600.000 709.000 320.000 512.000 160.000 518.400 160.000 Test Event8 Europe Series Events16 World Series Events
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Financial Viability
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Possible Sponsorship Deals We can see the Red Bull Spirit in this idea “ “ Young dynamic people is something adidas always is interested in. “ “ Our Lifestyle marketing programs focus on expanding brand awareness through relationships with key influencers, event promotions… “ “ Freestyle Brand Core Identity Performance Style Sport Target group Create Excitement GoPro Network
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