I’ve posted before about the fact that NPD has been one of the key drivers in modern sponsorship, with virtually every week seeing new platform and property models being unveiled. NPD being what it is however, they don’t always work out, and the most recent example of this is golf’s FedEx Cup.
Launched by the US PGA Tour two years ago as an attempt to reinvigorate the final weeks of the Tour and counter audience migration to the start of the American football season, the FedEx Cup has had a difficult start to life.
For two years in a row, the Cup has been won anticlimactically early, last year by Tiger Woods (remember him?), this year by Vijay Singh, who has only to finish the final tournament of the season this weekend to claim the title. As one columnist from the National Post put it:
‘Under the current FedEx points system, Singh would have to step in a gopher hole or assault a rules official in order to lose the event. He could play all 72 holes with a belly putter and a persimmon three wood and still take the title, even if his card went into three-figures four days in a row.’
And despite changes introduced this year by the PGA, the format and credibility of the FedEx are still being roundly criticised by the media, in pieces with headlines such as ‘Once again, playoffs are a snoozefest’ and ‘FedEx Cup ending with a whimper’.
Tim Finchem, Commissioner of the PGA Tour, admitted that it was a case of back to the drawing board for next year in a recent media conference, although I suspect what he said will have done little to reassure the players, the media and most of all, his sponsor (whose current tagline is ‘Relax, it’s Fedex’).
Using the analogy of golf course designer Donald Ross and his work on the famed No. 2 course at Pinehurst NC, Finchem said that even a second set of format changes to the FedEx might not get it right:
“[Ross] made 213 or 220 changes in the first 12 years of [Pinehurst No. 2's] existence. Sometimes to get perfection, you have to keep working at it, and we intend to do that.”
Let’s hope, for the sake of FedEx in particular, it’s a case of third time lucky in 2009.
By Tim Crow on September 25th, 2008
Tags: Brand marketing, Default, Golf, New Product Development, PGA Tour, Public relations, Sponsorship, Sponsorship consultancy, Sponsorship consultants, Television audiences, Tiger Woods