Tips on Apologizing for Salespeople

by Bill Guertin | February 22nd, 2010 | No Comments »

LexnGer Tiger Woods delivering his 13-minute speech was finally what hundreds of millions of people were waiting to hear. “I know I have bitterly disappointed all of you,” said Woods. “I have made you question who I am and how I could have done all the things I did. I am embarrassed I have put you in this position. For all that I have done, I am deeply sorry. I have a lot to atone for.”

Tiger screwed up, and he finally was doing what anyone who screws up badly should do; take ownership for your mistakes, and let people know what you plan to do to fix them.

As responsible salespeople, we can learn from Tiger’s example. On occasion, we’re going to screw up an order, type in a wrong seat number, forget some paperwork, or fail to follow up with a phone call we promised to make. Rather than run and hide, the sooner we can recognize our mess-up, the better off everyone will be.

Sports Business Weekly Buzz

by Ben Sturner | February 19th, 2010 | 1 Comment »

Time buy would move AVP to ESPN and ABC

By Terry Lefton & John Ourand

The AVP is close to finalizing a deal with ESPN, ending an association with NBC that dates to 1990.
As part of the time-buy agreement, ABC would carry four events, while ESPN2 will carry the rest of the AVP’s schedule, which has yet to be released.

(www.sportsbusinessjournal.com)

In the Trenches: Building Your Network

by Lewis Howes | February 15th, 2010 | 4 Comments »

(This is a guest article by Cabe Flesher)

As the old saying goes, “it’s not what you know, it’s who you know” and this can’t ring more true than in the wide world of sports, specifically sponsorships sales. We are out there everyday trying to get in the door somehow and we have all heard the phrase, “Oh, I know someone I can call or email”.

Well, speaking from the trenches, it’s best to build on that network as much as possible. Networking now isn’t always about hitting the latest local networking event, which we all know is filled with the same sales people trying to sell each other and vying for the for real buyers in the room. It’s more about reaching out to our peers on a national level trying to develop a bond there that will someday pay off. Let’s face it we got into sponsorships because we want to get paid. So however you can achieve that should be your goal.

Sports Business Weekly Buzz

by Ben Sturner | February 12th, 2010 | No Comments »

espn360

Rebranding: ESPN360 Becomes ESPN3 In April

By David Goetzl

The online live sports hub, ESPN360.com, will be rebranded ESPN3.com in April. ESPN3 will be available in 50 million homes, free to subscribers of broadband providers that have agreed to pay ESPN a TV-style fee to offer it.
ESPN has not used Web lexicon recently in referring to ESPN360 — classifying it instead as a network. In a statement, ESPN executive Sean Bratches, who oversees marketing, said the ESPN3 switch “closely aligns with the existing name convention” for ESPN channels. Expansion from the 1979 flagship began with ESPN2 in 1993.

(www.mediapost.com)

Sports Business Weekly Buzz

by Ben Sturner | February 7th, 2010 | No Comments »

EA Teams Up With Doritos For Bowl Promo

By Aaron Baar

Super Bowl Sunday means two things for most Americans: Snacks and Football. EA Sports is hoping to capitalize on the conversation by partnering with Doritos to give fans the chance to choose the cover athlete for the upcoming version of its popular gaming franchise, “Madden NFL 11.”
“To associate our brand with Doritos is an honor, and it’s a great opportunity to talk about our brand on the product,” Chris Erb, senior director of marketing partnerships for EA Sports, tells Marketing Daily. “They’re going to sell a lot of chips, and we’re going to be a part of that. The timing is perfect.”

(www.mediapost.com)

Social Media as Sponsorship Street Cred

by Kris Mathis | February 3rd, 2010 | No Comments »

Fact: blue chip brands receive thousands of sponsorship proposals every year. Estimate: there are some 300,000 properties seeking sponsorship (depending on the way you define it).

How do you break through the relentless clutter to get the ear and sincere consideration of a sponsorship decision maker? A well researched and tailored proposal may increase your chances, but these days there are a lot of other properties spending a lot of time doing the exact same thing on the sponsor you’re targeting.

Fact is, when you’re submitting a proposal to a blue chip brand that gets flooded by proposals (especially when you’re submitting through a proposal management system), it’s a stretch to think that every proposal will get an in depth review on the merit of its own ideas. Actually some systems rate your proposal against a scorecard for the sponsor so that they don’t even have to read the proposal or see your “vision,” only the nuts and bolts. This may be deflating considering many properties spend 1-2+ hours on each tailored proposal. Keep reading to find out how you may be able to make it out of the pile.

Sports Business Weekly Buzz

by Ben Sturner | January 29th, 2010 | No Comments »

Jobs Unveils ‘iPad,’ Fate of Universe Still In Doubt

By Gavin O’Malley

As scheduled, Apple debuted its highly anticipated tablet device on Wednesday — for many, representing the dawn of a new age in media consumption.
Christened the “iPad,” the device is expected to be available in March for a (surprisingly low) minimum price of $499 (Wi-Fi enabled, with a 3G version to follow a month later). With it, users can browse the Web, read and send email, view photos, watch videos, listen to music, play games, and read e-books.
“iPad creates and defines an entirely new category of devices,” said Apple head Steve Jobs, who unveiled the product at a private event at the Yerba Buena Center for the Arts in San Francisco.
The iPad will come in two versions: one with Wi-Fi and the other with both Wi-Fi and 3G.

(www.mediapost.com)

Sports Business Weekly Buzz

by Ben Sturner | January 22nd, 2010 | No Comments »

Leverage, Top Rank partner for boxing upfront presentation

By Jon Show

The Leverage Agency and Top Rank will partner this Saturday on what they are calling the first advertising and sponsorship upfront in the history of boxing.
Other boxing promoters and networks like ESPN aggregate the rights to multiple fights as part of advertising and sponsorship sales, but industry insiders believe this is the first time a promoter has partnered with an agency and television networks to package rights for a formal upfront-style boxing presentation.
Under a multiyear relationship, Top Rank and the Leverage Agency are pooling sponsorship and advertising rights to 48 fights in 2010, including 12 pay-per-view events and 36 events on FSN or Fox Sports en Español. The 12 PPV events will feature three “super fights,” including Manny Pacquiao’s bout at Cowboys Stadium against Joshua Clottey on March 13.

(www.sportsbusinessjournal.com)

Will Social Media Become Ambush Marketing’s Favorite New Ammo?

by Kris Mathis | December 29th, 2009 | 3 Comments »

As we turn the page and look ahead to 2010, let us address a topic most marketers have a strong opinion on: ambush. Whether you believe ambush marketing of official events is creative and cost-efficient or an unethical and illegal mortal marketing sin, the fact is 2010 will see more of it than many marketers care to envision. Global events such as the Olympics and World Cup will fuel the fire, as they have in the past, but this time the battleground may be waged on a relatively new frontier: social media.

Sure, some will attempt to solve ambush with legal claims such as trademark infringement and unfair competition. Last week Major League Soccer filed a lawsuit against Black and Decker for their Dewalt promotion around exhibition matches (competitor, Makita, is the official sponsor of MLS). However, ambush marketers – and their legal teams – will likely find new ways to skirt IP issues with the Olympics, especially in an environment without precedent like social media. When you’re spending 100 million for an official deal, both property and sponsor should probably be proactively identifying ways to mitigate ambush rather than (or at least as well as) relying on reactive legal remedies. Consider this, Coke spent an estimated $70 million to be one of the top 12 Olympic sponsors — and $5 million to $15 million more on the torch relay, but according to at least one study, up to 60% of consumers believed Pepsi was the official sponsor in Beijing. Scary stuff for CMO’s and properties.

Sports Business Weekly Buzz

by Ben Sturner | December 18th, 2009 | No Comments »

72% Of Advertisers See More Digital Spending In 2010

By Erik Sass

A regional survey of 8,500 senior advertising, marketing and media executives by Round2 Communications found that 72% predict they will increase their spending on digital media in the coming year.
Along with the good news for digital media, the survey (which focused on executives from companies headquartered in the Western U.S.) delivered some bad news for traditional: 86% of the respondents say they expect their spending on traditional media — including broadcast TV and radio and print newspapers and magazines — to remain even (45.7%) or decline (40.3%) in 2010.
But despite all the negative publicity, it’s worth noting that print still garners the lion’s share of media spending, with 47% of those surveyed saying print is their single biggest media investment.