Sponsorship Marketing Los Angeles CA

This page provides relevant content and local businesses that can help with your search for information on Sponsorship Marketing. You will find informative articles about Sponsorship Marketing, including "Event Sponsorships: Forgetting the ROI?". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Los Angeles, CA that can help answer your questions about Sponsorship Marketing.

Soul Surf Media
(310) 427-7805
Rancho Palos Verdes, CA
Services
Marketing Consultants, Video Production Services, Internet Marketing Services, Web Site Hosting, Computer Networks
Payment Options
Personal Checks, Credit Terms Available

Data Provided By:
Hanover Marketing Corp
(323) 373-0905
2901 W Pico Blvd
Los Angeles, CA

Data Provided By:
MICHELE ASSOCIATES
(213) 375-7205
Wilshire District
Los Angeles, CA
 
Blue Chip Marketing
(323) 939-2027
1935 1/2 S Harcourt Ave
Los Angeles, CA

Data Provided By:
Urban Entertainment Marketing
(323) 469-9011
1800 N Highland Ave
West Hollywood, CA
 
New Star Trophy
(213) 386-0411
2553 W Olympic Blvd
Los Angeles, CA

Data Provided By:
Marketing Plus Excell
(213) 487-2228
3171 W Olympic Blvd Ste 114
Los Angeles, CA

Data Provided By:
Performance Marketing
(323) 937-0756
415 N Sierra Bonita Ave
West Hollywood, CA
 
MICHELE ASSOCIATES
(213) 375-7205
206 N Dillon St
Los Angeles, CA
Prices and/or Promotions
FREE CONSULTATION

Arnson Communications Incorporated
(323) 960-8500
6565 W Sunset Blvd
West Hollywood, CA
 

Event Sponsorships: Forgetting the ROI?

It all started with a flash of American superiority and a bruised royal ego. In 1851, a yacht owned by the New York Yacht Club easily beat 15 of the fastest British yachts in a race around the Isle of Wight. Surprised at the result, Queen Victoria was reported to have asked who had come second and was politely informed: 'There is no second, your Majesty.' The America's Cup had begun.

After 156 years and 38 contests, the finally returned to Europe. In April of last year, yachts from 11 nations began competing in Valencia to see who would eventually race the current holder, the Swiss yacht Alinghi. It always is a massive event, but arguably those with the most to lose are not the yachtsmen or countries involved. In fact they play an almost peripheral role compared with the companies spending nine-figure sums to associate their brand with the event.

As I walked around Valencia, Spain's newly designed marina it could easily be likened to visiting an exotic menagerie of big brands with some of the fattest marketing budgets on the planet. BMW and Oracle had joined forces with Allianz to sponsor the American yacht. A few meters away the French boat sponsored by Areva, the French nuclear power company. For reasons that werent immediately obvious, New Zealand's entrant was sponsored by Emirates. Most companies pay upwards of $100m to be a sponsor. Meanwhile, supporter brands such as Vodafone (the official phone network), Nespresso (the official coffee) and Adecco (the official HR supplier) were also stumping up millions to be a part of it.

With stunning locations adorned with glamorous yachting fraternity, it would be all too easy for marketers to lose their focus and fall into the ancient trap of assuming anyone spending this kind of money must know what they are doing. It is exactly these big-money events at which a marketer must maintain their ROI focus. How, we should ask, can a B2B software company such as Oracle justify spending that kind of money on a yacht race? What, we may wonder, is the link between nuclear power and yachting? And what has Emirates got to do with the Kiwis?

The answer is in the two elements of brand equity. To create a strong brand, marketers must first build awareness among the target market to establish its existence. Then they need to build the right associations that will ensure differentiation and strong relationships with customers.

While it is true that most of the sponsoring brands gained significant awareness from the event, it is hard to justify their investment simply with media mentions. There were 11 boats competing for attention on the water and soon 10 of them would be out of the race.

It is even harder to prove ROI in terms of brand associations. Most of the sponsoring brands had no legitimate connection to yachting or the Cup itself, so their marketing teams were working overtime to highlight their 'authentic' role in the event. Alcatel-Lucent showcased the ...

Click here to read the rest of this article from Branding Strategy Insider