I’ve got my Braben Sport hat on for this blog but I believe
there are also many relevant points here for people interested in the media
sector…
I’ve spent an incredibly inspiring
day at the Sports Marketing 360 event, hosted by Sport Business, along with
200+ professionals from the sports marketing sector.
I’ve listed 10 nuggets below – issues, observations, anecdotes,
interesting views – to give you a flavour of the day.
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 doesn’t 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 videogame, 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.
For background info and fuller coverage of the event, visit www.sportbusiness.com and www.sportsmarketing360.com. And if you want to discuss any of these points further, drop me a line...