
Having just returned from two weeks at the Vancouver 2010 Olympic Games, I’m still catching up with my UK reading. So it was that I turned last night to the February 10 edition of Marketing magazine, and an article on sponsorship by one of my favourite columnists, Mark Ritson, on which I really have to comment. Here’s why.
In his characteristically forthright style, Mark lambasts the sponsorship industry in general and a number of people in particular for predicting that Tiger Woods’ travails would not damage his image and endorsement deals:
‘Then there was the scandalous inability of an array of experts to predict correctly the impact of Woods’ misdeeds on his sponsorship deals…If ever we needed proof that most pundits in the world of sports sponsorship and celebrity endorsements are buffoons, here it was, in spades. This is one thing they are supposed to know about, and they managed to be 100% incorrect in the assessments. Not just wrong, but dead wrong.’
I’m not about to defend the industry, or the people Mark names and shames. What I am here to do is point out that Synergy did call the Tiger situation correctly. On December 12 last year, the day after Tiger announced he was taking an indefinite break from golf, I made the following post on Twitter:
‘Tiger’s move will play well in the media. It also makes it easier for his sponsors to quit - or to stay. Most will quit: Nike will stay.’
Time has of course proved me right. I’m not sure whether Mark is on Twitter - and if you want to follow me Mark, you’ll find me there as @synergytim, along with numerous other Synergists - but I’ll give him the benefit of the doubt that he had Synergy in mind when he said ‘most’ - ie not all - pundits called the Tiger situation wrong!
By Tim Crow on February 25th, 2010
Tags: Golf, Sponsorship, Sponsorship consultancy, Synergy, Tiger Woods










