Presentation is loading. Please wait.

Presentation is loading. Please wait.

Manage promotional activities to maximize return on promotional investments.

Similar presentations


Presentation on theme: "Manage promotional activities to maximize return on promotional investments."— Presentation transcript:

1 Manage promotional activities to maximize return on promotional investments

2   Direct sponsorship objectives – have a short term impact on consumer behavior and are focused on increasing sales  Indirect sponsorship objectives – lead to the long- term growth of the sponsor by generating product awareness and image before people buy the product  Cost Avoidance – involves bartering for goods and services Types of Sponsorship Objectives

3   Establish or improve their image  Promote their products (and increase sales)  Display goodwill  Obtain the right to name a sport or entertainment event  Obtain access and exposure to the events’ target markets  Outpace competition (become a sponsor before your competitor “blocks” your competitor out) Sponsorship Objectives

4  HEAT Group Corporate Partnership program

5

6   How can a particular sport/event achieve my marketing and organizational goals?  What is the financial cost of the sponsorship?  What is the length of the contract?  What are the sponsorship benefits?  What type of media coverage will there be?  What is the fan attendance at the event, and what are the fans’ demographics? Is it my target market? Potential Sponsors Must Ask…

7   Media exposure  Evaluating the number of stories and mentions in the media  Sales figures pre- and post-event  Surveys and in-depth interviews  Gauging the image, attitudes, and awareness of events, sponsors, and products Methods to Evaluate Effectiveness of Sponsorship

8

9   Consists of employees responsible for evaluating and selecting sponsorship options  Four roles in this “buying center” consist of: Gatekeepers – Control the flow of information to others and act as a filtering device Influencers – Have input into the decision, usually based on their connections with the sports entity Decision-makers – Ultimately responsible for accepting/rejecting proposals Purchasers – Responsible for negotiating contracts and carrying out the terms of the sponsorship once the decision is made A “Buying Center”


Download ppt "Manage promotional activities to maximize return on promotional investments."

Similar presentations


Ads by Google