Sponsorship A relationships’ perspective The actors Operational issues Corporate objectives Venue Corporate clients Relationship Regulators Agents Managers Organiser Sponsor Performers Integrity issues Competitors Event Media Consumer markets Marketing Communications objectives Marketing Communications objectives • Brand awareness and brand image • part of an integrated campaign – advertising and promotions – direct marketing • sampling and merchandising see Marketing Communications texts e.g.Kitchen, Fill, Pickton & Broderick, Pelsmacker Corporate objectives • Corporate image – PR, community relations – opinion formers and stakeholders • Employee relations – incentives and rewards • Trade channel relations Corporate Hospitality Opportunities whereby the company can make face-to-face contact with selected publics in a prestigious context thereby strengthening and personalising relationships with decision-makers, trade channels and business associates Meenaghan, T (1983) Creating goodwill in an informal context Pelsmacker (2000) Events as experiential marketing? Sponsorship as story-telling? A unique and memorable experience involving the individual as a person (Pine & Gilmore 1999) Sponsorship as a strategic tool • A resource for competitive advantage – – – – strategic fit difficult to imitate non tradable risk and uncertainty - priced below true value Amis (1997) in Pickton & Broderick p 520 Sponsorship as joint venture • Becoming relationship-based rather than transaction-based • long-term co-operation between sponsor and sponsored Meenaghan T (1998) eg Nike/ManU/NYY Sponsorship relationships Marketing channel theory issues • Roles • Domains • Power/Dependency • Trust • Reward affecting operational control and artistic/sporting integrity The changing role of the sponsor • Donor - simple exchange to reach audience • Investor - looking for longer-term ROI • Impresario - takes control to ensure event reflects brand values – Meenaghan 1998 in Fill 1999 Glastonbury v Virgin festivals? Media relationships Same issues as with sponsorship relationships eg News Corp / Rugby League • strategic tool (globally) • joint development of Superleague • Power/dependency issues • Whose show is it? • What happens if they pull out? A personal relationship? • the brainchild of an enthusiast • personal satisfaction from success • becomes an advocate within a business or social network • needs high-level personal contact throughout • positive stroking after the event Hill, O’Sullivan x 2 (1995) Morgan (1996) Key sources • Meenaghan T (1983) Commercial Sponsorship European Journal of Marketing 7, 2-73 • Meenaghan T (1998) Current developments and future directions in sponsorship International Journal of Advertising 17, 3-28 • Amis, J, Pant, N and Slack, T (1997) Achieving a sustainable competitive advantage - a resource based view of sports sponsorship Journal of Sports Management 11, 80-96 • Hill, E, O’Sullivan C & T (1995) Creative Arts Marketing BH • Eldridge Pope/Dorchester Community Play case study in Morgan 1996 • Oikonnen, R et al (2000) Sponsorship as Relationships and Networks Corporate Communications, an international journal