Soccer Still the Main Event for Advertisers
September 16, 2012, 9:37 a.m. ET
By SIMON
ZEKARIA
This article from the Wall
Street Journal focuses on the specific part of marketing known as advertising.
While taking into account the comparisons of revenue from Olympic apparel to
soccer equipment, one can see the drastic difference in success. Although, both
gained millions of dollars worth of revenue, the amount that of attention a
company receives for sponsoring a premier soccer team is incredible in
comparison to Olympics as a whole. This is not to say that advertising through
the Olympics is not successful because evidence proves otherwise, however, for
one reason or another coupling advertisement and soccer teams tends to be a dynamic
duo that does wonders for companies.
“Companies hope increased exposure will
help deepen brand recognition and improve shopper loyalty, thereby boosting
profits in the long term.”
“A successfully branded international
sports event can create a spike in sales and make all the difference to
results. For the two most visible sports brands, Nike and Adidas, the
commercial stakes are high as they look for spurts to offset potentially
lackluster European sales, said Mr. Walker.”
While the companies’ strategies differ,
for example Adidas typically sponsors events such as the World Cup, whereas
Nike focuses on team contracts and endorsements, they both are extremely
successful. As a result, Adidas, expects
2.1 Billion in global sales in 2012 alone.
Ultimately, the battle to brand their companies on some of the world’s
biggest stages intensify as the effects are increasingly successful from the
sizeable exposure they receive.
I think that
advertising using soccer is a brilliant idea. Despite the fact that as a soccer
player I am biased, it is well known that soccer is the world’s most popular
sport. With millions of fans, loyal followers, and soccer hopefuls, brand
recognition is a crucial tool in differentiating teams. If you ask any player
they will be able to tell you their preferred brand. Due to these truths, the utilization of
sponsorships and endorsements is a particular, and yet can be a broad market
focus. Some people may pay for their favorite players jersey or others may buy
the official world cup ball. Regardless of the reason, the amount of interested
consumers continues to grow on some of the world biggest sport stages.
The emotion and passion that follows sports will turn over into desire for products, and as a result companies such as Nike and Adidas will only feel the positive effects of pairing up with some of the biggest sport cultures in the world. From Barcelona, to Mexico, to Ghana, the love for soccer sees no boundaries.
The emotion and passion that follows sports will turn over into desire for products, and as a result companies such as Nike and Adidas will only feel the positive effects of pairing up with some of the biggest sport cultures in the world. From Barcelona, to Mexico, to Ghana, the love for soccer sees no boundaries.
WSJ ARTICLE
Topics: Brand Competition, Advertising
Topics: Brand Competition, Advertising
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