1. It builds brand awareness.
A brand can leverage marketing benefits from a sports team, athlete, or event. These sponsorship opportunities are highly visible, offering exposure to millions of consumers. Brands can drive marketing by getting the brand name, logo, and mission in fans when most engaged in sports.
For example, having a sports sponsorship deal with an MLB team, say the New York Mets
, would yield the benefits of having your brand logo and tagline displayed on signage inside the stadium.
2. It drives excitement around the brand, its products, and services.
Sports excites consumers. Pile onto the excitement by partnering with an athlete, team, or event to put the brand and mission in the heart of the exciting conversation.
For example, a sports sponsorship deal with an athlete like NFL and New York Giants player Rashad Jennings
yields the benefit of having him mention your brand on social media before or after a big game.
3. It increases product or service sales.
Sport teams, stadiums, sports events, and athletes all directly drive sales. It can be accomplished as simply as giving the brand the benefit of having a concession stand in the stadium, a booth at an event, or using athletes to promote a Kickstarter / Indiegogo / Amazon / E-commerce campaigns.
For example, a sports sponsorship deal with a sports property like the American Ultimate Disc League
can help sell products to their hundreds of thousands of followers and thousands of members through stands at their games, email marketing campaigns to their members, and social media mentions to their followers.
4. Market an expansion to a new geography.
When expanding into a new geography, what better way to announce a brand’s arrival and generate marketing buzz then through a partnership with a minor or major league team, a local sports event, or a local athlete. Field marketing teams love the ability to use athletes on a local level.
For example, a sports sponsorship deal with an NBA player from the Boston Celtics, such as Al Horford
, can help promote a new store opening in Boston using social media or having Al Horford attend the store launch and interact with customers, employees, and press.
5. Market a launch of a new product.
When launching a new product, brand’s need to drive excitement and awareness through multiple marketing channels to get as much attention and sales as possible.
For example, having US surfer star Yadin Nicol
test out a new product made for water activity and provide a product testimonial or quote to include in a press release can increase interest in the press release and its eventual circulation.
6. Drive more website views.
Getting backlinks from an athlete, team, or event websites back to your company website can help drive website traffic. Whether that’s logo placement on the site, a link to an event on a social media feed, or sharing blog content on any of their digital domains.
For example, having UFC fighter Matt Brown
contribute to the company blog with an article such as “A UFC fighter’s top tips for keeping healthy in the workplace,” will allow Matt to promote that post on his social media channels.
7. Sell to a new, highly appealing target audience.
Athletes spend a lot of money on gadgets, services, fashion, and luxury goods. What better way to break into this elite community than getting exposure to a few of them using a sponsorship deal. Word of mouth marketing is huge among athletes — whether through locker room chats on new products or athletes seeing what the other is wearing and using.
For example, signing LPGA golfer Lexi Thompson
as a brand ambassador can drive awareness and sales to all her LPGA companions, as well as selling into pro and amateur golf shops who want to carry products that the pros are using.