Sponsorship

With the ever growing need for ROI validation when it comes to digital marketing efforts, sports teams need to remember that when trying to derive measurable results, that ones brand shouldn’t be pawned off to potential sponsors to make a profit. Rather, teams should focus on building a comprehensive strategy that will allow them to build long-term, sustainable partnerships with sponsors rather than turn themselves into an advertising network.

After speaking with several sports professionals recently, it’s apparent that there are two parts to this equation. The first part of the equation are sports teams.

The Sports Team

By now, most, if not all sports have dedicated resources toward opportunities in the digital space. While digital opportunities initially started out as advertising space on portions of a teams website, the shift is moving toward exploring new ways to maximize team created digital content. The opportunity for a sponsor to buy ad space on a teams site still exists, but with poor ROI and ad revenue sometimes shared with the league, teams are adapting to the behaviors of the digital fan. [click to continue…]

About Joseph Yi

Joseph is the Social Media & Marketing Solutions Manger at GAGA Sports & Entertainment where he works with professional sports teams, including the Lakers, Clippers, and San Francisco 49ers, where he develops engaging content as well as social media and digital strategies to help teams better understand and engage their fans. Read more from Joseph and follow him on Twitter.

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Sports Arena

The hottest market to be in right now is deals. From Living Social to Groupon, finding a deal in your city is easier than ever. With big brands like Gap, Barnes & Noble, and Amazon already having joined in on the party, the sports world is starting to turn their attention toward this rapidly growing market.

While there have been a few sports teams who have experimented with offering discounted ticket deals through deal sites (see New Jersey Nets), sports teams need to consider the financial and brand ramifications that come from slashing ticket prices in the exchange of selling off inventory.

Win-Win Situation?

Speaking with other sports professionals, the biggest reason why they would consider working with a Groupon or Living Social is to help them move inventory that they wouldn’t normally be able to sell in a limited amount of time. Typically, this would mean tickets for a game less than a few days away.

At first glance, this would seem like a win-win situation: Fans get a great deal and the team sells off inventory that would have otherwise been considered a loss. Still, if we dig closer we will see that is not always the case.

Things To Consider

While we’ve all heard about the success stories of deal sites helping businesses grow their customer base, what rarely makes the headlines are the stories of how deal sites hurt them. [click to continue…]

About Joseph Yi

Joseph is the Social Media & Marketing Solutions Manger at GAGA Sports & Entertainment where he works with professional sports teams, including the Lakers, Clippers, and San Francisco 49ers, where he develops engaging content as well as social media and digital strategies to help teams better understand and engage their fans. Read more from Joseph and follow him on Twitter.

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Even for the modest fan, few sports teams that resonate in your mind stronger than the Chicago Cubs. You don’t have to be a baseball fan to know that the Cubs are an iconic brand (Trust me, I’m from Milwaukee).

I recently had the opportunity to listen to Wally Hayward, the Cubs’ Chief Sales and Marketing Executive who was brought on by new owner Tom Ricketts to solve this burning question: how can a historic team make changes that will respect the character of the ballpark while providing new growth opportunities?

The answer to that question is outlined in these three main goals of the Cubs:

1) Build a Championship Team

I found it interesting when Hayward said that the Cubs want all of their employees to be the best at their prospective jobs. Yes, that means they strive to have the best security desk personnel, office assistant, and janitor in all of sports. Why? Because being the best is part of the unique culture the new ownership has. “This job was lucrative to me because the family culture has the brand’s best interest in mind for the long run” said Hayward. [click to continue…]

About Reuven Fridmar

Reuven is a fourth year student at Marquette University, earning degrees in Marketing and Entrepreneurship. He hopes to create sports marketing initiatives that drive value while focusing on charitable causes. Reuven lived in three countries and visited 13 total. He prides himself on being fluent in Hebrew, Russian, and English. People and idea lover. Connect with Reuven on Twitter @ReuvenFridmar

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(This is a guest post by Rana Akkaya)

Sports sponsorship and event hospitality is a great platform to build business-impacting relationships through shared out-of-office experiences. Companies need to be confident that the dollars invested in sponsorships are being spent effectively and that every asset received is being maximized. As a result, Sponsorship ROI (Return of Investment) has a renewed focus to protect companies to justify the expense.

Here are three keys to increase the ROI from your sponsorship ticket and hospitality assets: [click to continue…]

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At Sports Networker, we pride ourselves on being one of the leading resources for covering the latest cutting edge topics in sports business, sponsorship, PR, and social media.

However, this post is not about us, but rather other resources that we have personally found to be useful and informational, in hopes of creating a great list of the ultimate sports business resources. We’re bound to have missed a few, so please let us know your favorites if they aren’t on the list! [click to continue…]

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We have teamed up with Ben Sturner and his extraordinary crew at Leverage Agency to bring you the top five movers and shakers each week in the world of sports sponsorships and marketing.

Top Chinese Athletic Brand Signs NBA’s Evan Turner

For years, we’ve been talking about the importance of American sports brands, including shoe companies like Nike, getting into China. We haven’t talked as much about Chinese shoe companies getting into this country.

That’s about to change. CNBC has exclusively learned that Li-Ning, China’s top athletic brand, has signed Evan Turner, the No. 2 pick in this year’s NBA Draft to a multi-year deal that will make him the face of the brand.

Wal-Mart to climb aboard Gordon’s car?

Wal-Mart’s potential move into NASCAR has led the retail giant deep into negotiations with Hendrick Motorsports over sponsorship of Jeff Gordon’s No. 24 Chevrolet next season.

There continue to be several moving parts to the Wal-Mart discussions with Hendrick and NASCAR, which began in the spring and have progressed through the summer. Wal-Mart’s play could have tentacles in both sponsorship and licensing at the team and league level, according to industry sources.

The retailer has been hesitant to spend money on sports sponsorships in the past, so Wal-Mart’s entrance to NASCAR would provide a huge boost to a sport that has been ravaged by the recession and attracted little new sponsorship money in the last two seasons.

Shift would allow sponsor logos on swimwear

Soccer has corporate logos on jerseys, and NASCAR has them on cars. Soon swimmers could have them on swimsuits.

USA Swimming is considering amending its swimwear rules to allow professional and amateur swimmers to wear two corporate logos on their suits, caps, goggles and other clothing. If the rule is approved by USA Swimming’s board in September, swimmers will be able to wear the logos on their suits and caps for the first time at USA Swimming events.

To date, swimmers have been allowed to wear only the trademark logo of their suit, cap or goggle manufacturer. The new rule would allow them to wear the logo of any corporation provided it is not associated with tobacco, alcohol or pharmaceuticals that contain banned substances. Logos could even conflict with existing USA Swimming partners.

Suiting Up in Jerseys Suitable for Women

The campaign, called “N.F.L. Women’s Apparel, Fit For You,” takes an approach to marketing clothing that is meant to be both fashionable and sporty. While jerseys and T-shirts for women have been available on Web sites like nflshop.com and in catalogs, this is the first time the league has dedicated a campaign to apparel for women.

If the terms “fashionable” and “football jersey” seem contradictory, that may be because of the way jerseys have been made.

The league has carried women’s attire for the last 10 years, but followed the “shrink it and pink it” philosophy of taking a man’s jersey and making it smaller and, well, pink.

Discover To Serve As New Orange Bowl Game Title Sponsor

Discover Financial Services, the Orange Bowl Committee and ESPN announced today that an agreement has been reached for Discover to be the title sponsor for the 2011-2014 Orange Bowl Games and the 2013 BCS National Championship Game. The Orange Bowl Game will be known as the “Discover Orange Bowl” and the 2013 BCS National Championship game to be hosted by the Orange Bowl in South Florida will be named the “2013 Discover BCS National Championship Game.” Under the partnership, Discover will be the official card of the Orange Bowl and the Bowl Championship Series.

In conjunction with this new alliance, a new game mark has been developed that will be incorporated into all Discover Orange Bowl and BCS-related materials.

The four-year deal includes the multi-media integration of Discover as part of ESPN’s season-long college football coverage and marketing.

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About Ben Sturner

Ben Sturner is the Founder and CEO of Leverage Agency, one of the most respected, innovative, resourceful and ambitious sports and entertainment branding sponsorship agencies on Madison Avenue. Sturner has taken his multi-million dollar business from a small start-up in his New York City apartment to a premiere agency that has secured deals for clients including: Jimmy Kimmel Live, AVP Pro Beach Volleyball, KFC, Gillette, Progressive Insurance, Southwest Airlines, Reebok, Comcast, Anheuser Busch, Fremantle Media, Mark Burnett Productions and NBC’s Prime Time Celebrity Apprentice, Reveille, Radical Media, as well as other top-tier brands. Ben has been named NYC Entrepreneur of the month in TrueNYC.com and has been interviewed and featured on ESPN, NBC, CNBC, USA TODAY and WALL STREET JOURNAL as an expert in sports and entertainment sponsorship.

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We have teamed up with Ben Sturner and his extraordinary crew at Leverage Agency to bring you the top five movers and shakers each week in the world of sports sponsorships and marketing.

American Eagle’s Sponsorship Program Takes Flight
Joining the growing number of apparel brands sponsoring to build visibility, gain differentiation and drive retail traffic, American Eagle Outfitters, Inc. is expanding its use of the medium. Looking to make a stronger connection with its 15-to-25-year-old target, AEO recently announced a three-year partnership with collegiate athletics’ Big East Conference, around which it will present the men’s and women’s basketball championships.

Munich 2018 bid announces Allianz as new partner
Global financial services provider Allianz was yesterday unveiled as the latest partner to support Munich’s bid to host the Olympic and Paralympic Winter Games in 2018.
[click to continue…]

About Ben Sturner

Ben Sturner is the Founder and CEO of Leverage Agency, one of the most respected, innovative, resourceful and ambitious sports and entertainment branding sponsorship agencies on Madison Avenue. Sturner has taken his multi-million dollar business from a small start-up in his New York City apartment to a premiere agency that has secured deals for clients including: Jimmy Kimmel Live, AVP Pro Beach Volleyball, KFC, Gillette, Progressive Insurance, Southwest Airlines, Reebok, Comcast, Anheuser Busch, Fremantle Media, Mark Burnett Productions and NBC’s Prime Time Celebrity Apprentice, Reveille, Radical Media, as well as other top-tier brands. Ben has been named NYC Entrepreneur of the month in TrueNYC.com and has been interviewed and featured on ESPN, NBC, CNBC, USA TODAY and WALL STREET JOURNAL as an expert in sports and entertainment sponsorship.

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Comcast, NBCU Finalize Deal: Combined Entity Will Have Unparalleled Reach

800px-Comcast_Logo.svgBy Joe Mandese
  • The deal combines the biggest operator of cable and broadband communications services with one of the most powerful and broadest reach broadcast operations, giving the merged entity unparalleled distribution, and some of the most popular programming content and brands ever.
  • Philadelphia-based Comcast will control a 51% stake to former NBCU parent GE’s 49%.
  • Under the terms of the transaction, GE will contribute to the joint venture NBCU’s businesses valued at $30 billion, including its cable networks, filmed entertainment, televised entertainment, theme parks, and unconsolidated investments, subject to $9.1 billion in debt to third party lenders.
  • Comcast will contribute its cable networks including E!, Versus and the Golf Channel, its ten regional sports networks, and certain digital media properties, collectively valued at $7.25 billion, and make a payment to GE of approximately $6.5 billion of cash subject to certain adjustments based on various events between signing and closing.
(www.mediapost.com)

[click to continue…]

About Ben Sturner

Ben Sturner is the Founder and CEO of Leverage Agency, one of the most respected, innovative, resourceful and ambitious sports and entertainment branding sponsorship agencies on Madison Avenue. Sturner has taken his multi-million dollar business from a small start-up in his New York City apartment to a premiere agency that has secured deals for clients including: Jimmy Kimmel Live, AVP Pro Beach Volleyball, KFC, Gillette, Progressive Insurance, Southwest Airlines, Reebok, Comcast, Anheuser Busch, Fremantle Media, Mark Burnett Productions and NBC’s Prime Time Celebrity Apprentice, Reveille, Radical Media, as well as other top-tier brands. Ben has been named NYC Entrepreneur of the month in TrueNYC.com and has been interviewed and featured on ESPN, NBC, CNBC, USA TODAY and WALL STREET JOURNAL as an expert in sports and entertainment sponsorship.

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