Posts Tagged ‘Coke’

Don’t Believe the Hype

Friday, September 18th, 2009

“I will not rest until I have you holding a Coke, wearing your own shoe, playing a Sega game ‘featuring you’, while singing your own song in a new commercial, ‘starring you’, broadcast during the Superbowl, in a game that you are winning, and I will not ‘sleep’ until that happens.”

Warning for athletes: Be wary of managers who promise you the world.

You know I’m talking about, pie in the sky stuff. Watch out for the words ‘million dollars’, ‘own line of products’, ‘international success’ etc etc.

The dog eat dog world of sports management thrives on managers who over promise and under deliver. Managers do this to get the signature, plain and simple. And athletes fall for it every time.

Sit an athlete down in front of six managers and 9/10 will choose the forex-trader-with-dollar-eyes1manager who blows the most smoke up their butt. That manager knows they won’t achieve anywhere near what they promise but they know a signature means some income for themselves and this is usually enough to justify them lying their asses off.

It’s not uncommon for athletes to change managers, it happens a lot. What usually drives an athlete to make the switch is a myriad of riches in the form of false promises. When those riches don’t transpire, they move and so it goes.

Athletes, look for a manager with so much confidence and self belief that they don’t need to exaggerate your earning capacity. Measure them by their track record with similar athletes of your standing (sport, gender, personality, results etc). Don’t focus on what they say about results, instead listen to the processes of how they are going to get those results. Don’t believe the hype.

Brand Building Part 2

Tuesday, May 12th, 2009

Most brands start off by targeting a niche market before they go for the masses. Coke was originally a patent medicine targeted at those with health ailments before it went on to appeal to a broader market.

For athletes it’s the other way around.

Athletes often burst on the scene appealing to a broad demographic which allows them to capitalise on a number of sponsors across different markets. But if they want to continue a successful brand post retirement they must concentrate on appealing to a niche market.

At the peak of an athletes career it’s easy to be everything to everyone. But eventually they will lose the qualities that made their brand and they will have to adapt and narrow their target market to attract sponsors.

So the trick to prolong the brand life of any athlete is to move into a niche market – make their name stand for something.

When you think Robert de Castella you think health and nutrition. When you think Nicole Livingstone, you think expert swimming commentator. When you think Greg Norman, you think business and golf course design.

For athletes nearing the end of their career, work on aligning yourself with a very niche passion that will stand you out from the crowd. Give your name credibility in one special area and watch as your popularity continues (albeit in a smaller market).