Understand event sponsorships and how to select appropriate events.. Understand event sponsorships and how to select appropriate events.. Chapter Objectives After reading this chapter yo
Trang 1Event and Cause Sponsorships
Event and Cause Sponsorships
Trang 21 Understand event sponsorships and how to select
appropriate events
2 Appreciate the reasons underlying the growth of event
sponsorships
3 Know what factors a company should consider when
selecting an event to sponsor
4 Understand how and why companies ambush events
5 Appreciate the importance of measuring sponsorship
performance
1 Understand event sponsorships and how to select
appropriate events
2 Appreciate the reasons underlying the growth of event
sponsorships
3 Know what factors a company should consider when
selecting an event to sponsor
4 Understand how and why companies ambush events
5 Appreciate the importance of measuring sponsorship
performance
Chapter Objectives
After reading this chapter you should be able to:
Chapter Objectives
After reading this chapter you should be able to:
Trang 36 Recognize the nature and role of cause-related
marketing (CRM)
7 Appreciate the benefits of CRM programs
8 Understand that accountability is a key consideration
for cause-oriented as well as event-oriented
sponsorships
6 Recognize the nature and role of cause-related
marketing (CRM)
7 Appreciate the benefits of CRM programs
8 Understand that accountability is a key consideration
for cause-oriented as well as event-oriented
sponsorships
Chapter Objectives (cont’d)
After reading this chapter you should be able to:
Chapter Objectives (cont’d)
After reading this chapter you should be able to:
Trang 4Sponsorship Marketing
• Sponsorship
Is an exchange between a sponsor [such as a brand] and a sponsee [such as a sporting event] whereby
the latter receives a fee and the former obtains the
right to associate itself with the activity sponsored
Is the marketing of the association by the sponsor
Both activities are necessary if the sponsorship fee is
to be a meaningful investment
Trang 5Why the Growth in Sponsorships
• Sponsorships
Help firms to avoid the clutter in advertising media
Help firms respond to consumers’ changing media
habits
Help firms gain the approval of various constituencies
Can enhance brand equity by increasing consumer awareness and by enhancing the brand’s image
Enable marketers to target their marcom efforts to
specific geographic regions and lifestyle groups
Trang 6Event Sponsorship
• Event Sponsorship
Is a form of brand promotion that ties a brand to a
meaningful athletic, entertainment, cultural, social, or other type of high-interest public activity
• Factors in Selecting Sponsorship Events
Image matchup
Target audience fit
Sponsor misidentification
Clutter
Complement other marcom efforts
Economic viability
Trang 7Event Sponsorship (cont’d)
• Creating Customized Events
Choosing to develop events rather than sponsoring existing events
Provides a brand total control over the event
Can be more effective but less costly
• Ambushing Events
Occurs when companies that are not official
sponsors undertake marketing efforts to convey the impression that they are
Trang 8Event Sponsorship (cont’d)
• Measuring Success
The brand marketer must specify objective(s) that the sponsorship is intended to accomplish
In measuring the results, there has to be a baseline against which to compare some outcome measure
brand associations, or attitudes prior to sponsoring an event.
Measure the same variable (awareness, associations, etc.) after the event to determine whether there has been a positive change from the baseline level
Trang 9Cause Sponsorships
• Cause-Related Marketing (CRM)
Entails alliances that companies form with nonprofit organizations to promote their mutual interests
Based on the idea that a firm will contribute to a
cause every time the customer undertakes some
action that supports the firm and its brands
• Requirements for Successful CRM
Fit—Does the brand naturally related to the cause?
Accountability—Will the CRM yield sufficient returns
Trang 10Cause Sponsorships (cont’d)
• Benefits of Cause-Related Marketing (CRM)
Enhances corporate or brand image
Thwarts negative publicity
Generates incremental sales
Increases brand awareness
Broadens customer base
Reachs new market segments
Increases sales at retail level
Trang 11KitchenAid’s
CRM Program
Figure 19.1
Trang 12Tyson’s
Share Our Strength
CRM Program
Figure 19.2
Trang 13Nabisco Brands CRM program required
a Ritz-brand proof of purchase
Figure 19.3