Archive for the ‘Sponsorship’ Category

Reach vs. Frequency

Wednesday, May 20th, 2009

There are many ways to attract sponsors. One such way, is to build an athlete’s brand in a specific market using specific media to attract a specific brand.

This is a long term strategy requiring patience and frequency. The athlete has to understand this – so make sure it’s what they want.

So let’s say you want to target a high end watch brand for an athlete? First you need to target the consumers who buy those high end watches. Once you’ve captured the attention of the consumers, then your chances of a watch sponsorship increase ten-fold.

The best way to capture the market’s attention is through the media. And the best strategy is to concentrate on frequency verse reach.

This means you target very specific media of the watch consumer and hit those people over and over with the same message.

Imagine if an athlete had a regular side column in GQ Magazine. Do you think a watch company would be more inclined to sponsor this athlete? You betcha.

It’s better to communicate your message to 100,000 consumers over and over as opposed to 500,000 consumers once or twice. Eg. Having your athlete appear in multiple fashion / lifestyle magazines will have a bigger impact on the watch sponsor than one appearance on Channel Seven’s Sunrise.

When building your athlete’s brand to attract a specific group of sponsors, concentrate on frequency over reach in your communications.

Australia & The 2010 Winter Olympic Games

Monday, May 18th, 2009

With the 2010 Vancouver Olympic Games only six months away, let’s look at who the spotlight will be on for Australia.

The main medal contenders are:

  • Torah Bright (snowboarding)
  • Holly Crawford (snowboarding)
  • Jacqui Cooper (aerial skiing)
  • Lydia Lassila (aerial skiing)
  • Dale Begg-Smith (moguls)

What if Australia only had half dozen genuine medal hopes at the Summer Olympics? Imagine the wide-spread attention those 5-6 athletes would be given in the lead up to and during the Games by media and sponsors.

Well this is exactly the scenario we have for the Winter Olympics. An uncluttered opportunity for sponsors on a global scale.

Australia won’t produce multiple medal winners like the Beijing Olympics. This means the one or two athletes who do well for Australia in Vancouver will be glorified by the media and their profile cemented much like Alisa Camplin and Steven Bradbury in 2002.

So who should Australian sponsors be looking at?

Jacqui Cooper has a good profile with a great story and will find a lot of public support for her gold medal quest.

Lydia Lassila was famously injured at the last Olympics so has the profile and will be the subject of a media fairytale if she can win.

Dale Begg-Smith is a great chance at back to back gold but the accent and fact he lives abroad leaves him little warmth from the Australian public.

Holly Crawford is good chance but stopping her might be….

Torah Bright, arguably the world’s best female snowboarding talent. Bright ticks all the boxes, good looking, clean cut, super exciting to watch, great with the media and a smile to die for. She is a super chance for gold. Watch the media and public go berzerk if this girl wins.

Athlete or Celebrity?

Friday, May 15th, 2009

Take two athletes. One features regularly on the back pages. The other shares time between the back pages and the social pages.

Which athlete do you think is more attractive for sponsors?

The second athlete of course. They have what advertiser’s call ‘reach’. They reach more demographics’ than the athlete who remains on the back pages.

There is no doubting the celebrity factor was a key influencer in Gillette’s appointment of Michael Clarke as an ambassador. This is Gillette’s first Aussie ambassador so you can be sure the decision was well researched. I’m guessing the bulk of Clarke’s responsibilities with Gillette lay in the use of his name, image and likeness for print ads and a possible TVC.

That means Gillette will look to take out ad space across as many mediums as possible. The more ‘reach’ an ambassador has the more cut through for Gillette.

Razors appeal to the fashion conscious guy as much as they do to the cricket fan. With Clarke’s celebrity profile, Gillette can run their ads in both Alpha Magazine and Men’s Style – with much the same impact.

Being a celebrity is nothing to hide from as long as you become a sports star before you become a celebrity. This gives your ‘celebrity status’ credibility. Ian Thorpe took a similar path and it seems Clarke is doing the same.

How Does Player Behaviour Affect Sponsors & Customers

Thursday, May 14th, 2009

Sport and sponsorship news reports that 60% of sponsorship managers have made, or plan to make changes to their sponsorship agreements to guard against negative brand impact caused by inappropriate off-field player behaviour.

On the flip side, a number of sponsors believe that the public is able separate player behaviour from sponsor brands.

So what does this all mean?

I believe the public does separate player behaviour from sponsor brands. When images of Michael Phelps were released smoking marijuana, the average punter at home didn’t stop buying Kelloggs. The public are smarter than that. What really matters here is HOW the sponsor REACTS to a player behaving badly.

This reaction by the sponsor is what the public is more interested in. The public want to know if this type of behaving is acceptable in the eyes of the sponsor? Sometimes a sponsor has no choice but to cancel a contract because of public backlash. Other times, the public is looking for a sponsor to have compassion. A brand can win votes both ways.

The reason why sponsorship managers want to amend agreements in this area is because tighter contractual control, gives brands flexibility to strategise the best approach to every crisis. The key word here is flexibility. A one glove fits all approach doesn’t work when it comes to dealing with a crisis. Sponsors need breathing room to craft the most appropriate response or action. Remember their customers are watching closely.

10 Things That Make an Australian Athlete Marketable?

Wednesday, May 6th, 2009

1. Sport – a national sport with free to air coverage and a global presence (eg. tennis, golf, cricket, football, swimming). Rugby League players for example don’t command big sponsorships because they appeal primarily to Sydney and Brisbane audiences only. That doesn’t mean they can’t earn good money but they’ll never be Australia’s most marketable athlete. Think Ricky Ponting

2. Winner – Australians love a winner. And the more fierce the competition (underdog status) the better. An athlete can have every quality in the book but if they aren’t winning then forget it. How you win is also an important factor. Is the athlete sinking 20ft putts like Tiger Woods to win, taking 5 wickets on the last day of Test Match like Shane Warne or breaking world records? Think Ian Thorpe

3. Good Looks – This is not an absolute must but don’t underestimate the power of good looks. This attribute appeals strongly to fans not to mention brands looking to invest in athletes. Why do you think movies use good looking actors and actresses? Sometimes an athlete can build a career on good looks alone but this will be short lived if you aren’t doing the point above. Think Stephanie Rice.

4. Media Skills – does the athlete present well in front of the camera? How do they stand, do they make strong eye contact, do they project their voice with clarity? Do they understand and respect the media’s role in their sport? And do they do it all with a warm personality and a smile on their face? Think Lucas Neill.

5. Clean Image – are they someone you could take home to meet the parents? Do they demonstrate strong values? Avoiding drinking, swearing or smoking is a winning combination here. Think Adam Gilchrist.

6. Gracious – everyone likes a winner but Australians don’t react well to arrogance or big headiness. You only have to look at the recent criticism of the Australian Cricket team. Personally I like the way they play but it seems the masses don’t so if you want to avoid tall poppy syndrome, be super humble. Think Pat Rafter.

7. Great with Fans – fans pay the athletes wages. So it makes sense the public respond well to athletes who really appreciate their fans. The most marketable athletes don’t avoid their fans, they embrace them and do their best to connect with them on different levels. It’s all about giving back to the people who support them. Think Brett Lee.

8. Integrity – athletes who stand up for what they believe in and who are consistent with their image gain respect from the public. A good example is an athlete who chooses only to endorse brands and products they really believe in. Think Cadel Evans.

9. Charitable – if you’re an athlete earning big money doing something you love then the public expect you to give back to the community. It can’t be all sponsor appearances and paid gigs, people love when an athlete uses their celebrity and wealth to benefit a greater cause. Think Glen McGrath.

10. The X-Factor – or originality / uniqueness. This can make or break some athletes. It’s easy to be a clone but being unique makes you stand out. Having a distinctive presence, charm or edge to your personality is incredibly powerful. Think Greg Norman.

The Best Legal Advice

Wednesday, April 29th, 2009

In life there are cheap and expensive versions of every product and service. You can afford to go cheap on some of these items. While others you need to buy the best money can afford.

In my experience, one service you can’t afford to go cheap with is legal services. For anyone who has found themselves in a hole because they skimped on legal costs will understand what I’m talking about.

In this day and age, you need to be on high alert when dealing with contracts. You need to seek lawyer(s) you can trust and who are niche to your area of business. Sure good specialised legal advice is expensive, but losing all your personal assets because of loose business contract is more expensive.

In sport, you are not only acting in the best interests of your company but you’re also entrusted by the athletes you represent to protect them in any commercial arrangements.

Just to repeat. This is one area you don’t skimp on the costs. Throughout your business career, you will save money in the long run by getting the best advice money can afford.

blg5978

Negotiation, A Skill You Need

Friday, April 24th, 2009

As a sports manager, negotiation is a critical skill set you need to master. From a sponsorship perspective let’s go through the process.

1. It’s always easier to negotiate with someone you have a great relationship with. People think a negotiation is a one off event. The fact is negotiation is ongoing from the first time you meet a sponsor to the time you wish to renew. If you can, develop the relationship long before you have to sit down and talk turkey.

2. Get clear on what you need and what they need. Put all the pieces on the table to discover what the differences are – is it money, is territory, is it benefits? And is the gap between these differences big or small? Continually focus on the final outcome you want, don’t get caught up in petty differences.

3. Find out WHY they need what they need. Eg. A sponsor might need to stay within a certain budget. Your job is to find out why! Is it because they need to use additional funds on leveraging the relationship, is it because the athlete’s availability for appearances is limited, is it because the ROI is hard to measure and justify to their CEO? Focus on meeting these underlying needs rather than arguing about the stated need (in this case price).

4. Choose your style. What kind of people are you dealing with? How do they do business? Does your style need to be very cooperative or very competitive? People react to both styles very differently. Find this out and use flexibility in your approach.

5. Decide the best climate for your negotiation. This involves Time, Place and Mood. Can this negotiation be discussed in a café over a coffee? Or does it require boardroom chest beating at HQ? Most negotiations take place over weeks and months. There will be multiple venues, different times and moods to each discussion. You need to identify what climate you need to create to get the best result.

6. Tactics & Counter Tactics. There are a million out there on how to solve and settle your negotiation. They are all designed to aid the points above. I suggest you read the below books. In my opinion they are the best.

Getting to Yes -  Roger Fisher
Getting Past No – William Ury
Getting Together – Roger Fisher & Scott Brown

What Do Athletes Really Want?

Wednesday, April 22nd, 2009

In a perfect world for athlete managers, every professional sportsperson would have the hunger and drive to blitz the commercial world just as they have the same hunger and drive to succeed on-field.

But unfortunately we don’t live in a perfect world. Not every athlete wants to build their public profile and do the work that is required to earn massive money from endorsements, appearances and media deals.

The main focus of an athlete manager’s job is to make their client money. After all that’s how managers make their money. So when a manager has an athlete that doesn’t have the same commercial drive it can be incredibly frustrating.

Before you sign an athlete it’s important to ask them what they think you’re job is. If they think your job is to earn them as much money as possible and they are willing to work really hard for the endorsement dollars, then great, you are both on the same page. You can confidently chase opportunities knowing your athlete will go to work.

However if they don’t care much for the spotlight, aren’t willing to go over and beyond for sponsors, network themselves, or simply have an attitude of wanting to earn money but don’t really want to put in the work required, then you have a problem.

It’s important to ask an athlete the big questions up front. Know exactly what your role is with every client you represent. You will not only save yourself a lot of time and heartache, but you can really concentrate on rewarding those clients who have the hunger to succeed commercially.

Surf’s Up for Sony

Tuesday, April 14th, 2009

Sony Australia has just announced a strategic partnership with surf company Billabong which also includes surfer Joel Parkinson as a Sony Brand ambassador.

The deal will entail sponsorship of events, product demonstrations, store appearances, content development, retail integration, co-branding opportunities and promotional campaigns.

Surfing is a million dollar industry in Australia (retail and tourism) but it lacks the media and free to air coverage afforded to other sports. This means half the people in the street wouldn’t know who Joel Parkinson is. On the surface is seems like a strange sponsorship but let me help you understand why Sony made this play.

I’m sure you’ve heard the phrase “Surfing is more than just a sport, it’s a lifestyle”? Well it’s true and this is the sports greatest asset. The Billabong’s and Quiksilver’s of the world not only appeal to hard core surfers, but they attract other demographics because of the ‘lifestyle’ element. Just like rock stars, surfers have long been powerful influencers of everything from fashion, hairstyles, cars and accessories.

The fastest way to make a product cool is to give it to a cool group of influencers. Essentially this is what Sony is doing with this sponsorship. Not only does the ‘lifestyle’ element of surfing fit perfectly with Sony’s brand essence and its products but this sponsorship will give the brand touch feel access to an extremely passionate group of influencers.

I’m just amazed there aren’t more blue chip brands involved in surfing.

Mr Bic-ket

Thursday, April 9th, 2009

BIC Australia is going to create a new national campaign, featuring Australian cricketer Mike Hussey. Hussey will be seen in a range of off-field scenarios, including a book and cricket-bat signing, backyard BBQ, and preparing for a sports awards night – all featuring BIC products.

There is no doubting Mike Hussy’s popularity among cricket fans. He is a working class hero who appeals to both genders and is a great talent with the media and fans alike. He also personifies the values of everyday Australian’s which makes him easy to relate to. It also helps that he plays in a national sport on free to air television. These are all great reasons for a brand to align with Hussey but I’m guessing it was his slightly nerdy nature that gave him the nod with BIC.

Pens aren’t the most exciting product especially in this digital age so it helps to have a celebrity face to catch people’s attention. I’m sure BIC will play on Hussey’s nerdy good guy nature in their creative. In the meantime, let’s hope Hussey scores some runs, god knows (and BIC) he needs them.