Author archive for ‘Nick Mott’

Social Media: Sponsorship Friend or Foe?

Yesterday I was pointed in the direction of an article on social media that suggested brands should choose a targeted Facebook ad campaign to promote their product(s) to fans of a sport or sports team, rather than through any official partnership with the sport or team in question.

The article’s main argument was that by advertising to fans of a club on Facebook, the brand could save itself 99% the cost of a sponsorship and have more measureable results than a ‘traditional sponsorship’.

The writer signed off by saying: “If I ran a business that made its dollars (the article originates from Australia) raising sponsorship funds, or was highly dependent on sponsorship for revenue, I would be very concerned about now”.

I’m undecided as to which irritated me more, the writer’s lack of understanding of marketing, social media or sponsorship.

There is no doubt that social media is changing the way we communicate globally. As an industry, sponsorship has embraced social media with brands, teams, sports stars and the media are all creating reams of content that is giving fans multiple additional ways to consume their sport.

Granted, a brand that marketed itself in this way may see a return, but I would argue that this return will mirror their investment – minimal. As part of a wider sponsorship activation strategy, Facebook advertising could drive significant traffic to your website or product, but only if the brand has established a level of credibility with its target audience. Shoe-horning a traditional communication tool like advertising into the growing medium of social media and expecting it to be an instant success is just a little bit ludicrous.

Brands that sponsor a sports team build an affinity with the fans who appreciate the investment that the brand is putting into their club to help them progress. Fans are unlikely to show loyalty to a brand that hangs on the coat tails of a team without giving anything back.

I for one cannot recall a single ad that has appeared on my Facebook page – if I’ve not signed up for it, I’m not interested. Sponsorship is proven to benefit brand recall and in many cases leads to a positive shift in brand preference.

Facebook is aiming to have a billion users by December 2010, but when you drill down into the specific audience that you want to speak too, the numbers may not be so impressive.

The thing with Facebook is that not everyone lists their hobbies and interests. Take me for example, I haven’t listed Formula One as a hobby on Facebook but my friends and colleagues know that I post updates or tweet about F1 every day, so you would not be targeting as many people as you could through sponsoring a team.

Associating officially with a club will not only give your brand visibility in-stadia, but also online via the club’s website, access to supporters clubs, advertising in event programmes and, depending on the sport or team, possible television exposure – and that’s before you throw in access to tangible assets such as players, club representatives, tickets or replica kit.

Any good sponsorship agency will find a deal that offers opportunities to meet the brand’s objectives and which doesn’t involve ‘paying a premium to the club’.

Facebook may appeal to those marketeers who don’t really understand social media but for those that do, social media offers so much more than just advertising. Engage with your target audience through competitions or promotions, give them access to exclusive content, ask their opinions and create a dialogue that enhances their experience rather than interrupts it.

Whilst writing, a saying sprang to mind which really sums this up for me, ‘if you pay peanuts, you get monkeys’. Concerned? I’m not.

By Nick Mott on March 26th, 2010

Tags: Default, Facebook, Social Media

1 comment

When there’s nothing new to say, don’t say anything at all

Reading through my daily Google News Alert I came across a press release from Endsleigh Car Insurance issued Sunday last where, according to the headline, Endsleigh ‘looks ahead to the rest of Formula 1 Grand Prix 2009 season’.

What followed was a short summary of Michael Schumacher’s failed return to Grand Prix racing, Luca Badoer taking the place of the injured Felipe Massa, and questioning how many more teams will leave the sport following BMW’s decision to call it a day.

Not exactly ‘what Formula 1 Grand Prix fans can expect from the rest of the season’ as promised in the release, but more a lazy regurgitation of old news.

Luca Badoer has been and gone, having raced in both the European and Belgian Grands Prix, before being replaced last week by fellow Italian Giancarlo Fisichella; BMW are well into the process of trying to find a buyer; and ‘Crashgate’ has been dominating the F1 media agenda.

Despite the stories mentioned in the release being more than two weeks out of date, a quick Google search revealed pick-up on more than twenty websites.

It’s tough for brands not directly associated with Formula One or one of the current teams to benefit from the sport’s perceived glamour and large fan base. Endsleigh Car Insurance have shown themselves to be a little off the pace, which for a sport that lives and dies by fractions of a second will not endear the brand to motorsport’s hardcore.

By Nick Mott on September 17th, 2009

Tags: Default, Formula 1, Sport

No comments


Synergy

How To Find Us


What We Do
Our Work
Engine Group Office
Synergy
60 Great Portland Street
London
W1W 7RT
Tel: +44 (0) 203 128 6800
Fax: +44 (0) 203 128 6837

hello@synergy-sponsorship.com
www.synergy-sponsorship.com

 Find us on Google maps