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Sponsorship has steadily gained importance in the marketing communication mix as indirect form of marketing in the past decades. Increasing brand awareness and building, changing or reinforcing a brands image are among the most important reasons why companies nowadays invest large sums into sponsorship and particularly into sport properties. Despite considerable research interest, there is still a lack of understanding of the relationship between sport sponsorship and customer-based brand equity in a global context which this study seeks to illuminate. By utilizing a holistic customer-based brand equity measurement tool, this study contributes findings from a real-life global sport sponsorship setting the FIFA World Cup 2014 in Brazil. A pre-post event analysis including three of its sponsors among a matched sample of 177 respondents from the Austrian target market revealed positive changes in brand awareness and brand image for two of its sponsors, whereas image transfer effects could not be established. This discrepancy between the results for the three sponsoring brands is likely to be attributable to event-sponsor fit. Overall, it can be concluded from this study that for low-equity and low-fit sponsors, sponsorship may indeed play a brand-building role, while for high-equity and high-fit sponsors it may primarily serve to secure their competitive position in the market place. *****.
Sponsorship is both a critical communications tool for sponsors as well as a fundamental revenue stream for rights owners. Market leaders use sponsorship widely and arguably more successfully than any other communications tool to achieve competitive advantage whilst events of all sizes depend on sponsorship just to exist. As the importance of sponsorship has increased the demands of it have risen too. Now sponsors seek measurable return on their investment. Sponsorship: For a Return on Investment provides a unique insight on the use of sponsorship for a return on investment and will appeal to practitioners and undergraduate and postgraduate students alike. It builds a conceptual framework for the development, planning, implementation and evaluation of strategies for sport, arts, music and community sponsorship, and from two perspectives: For rights owners, the importance of effectively acquiring and then developing a bespoke approach for the recruitment of sponsors for effective sponsorship programmes. For sponsors, a better understanding of how sponsorship can be used for successful integrated marketing communications. A broad selection of examples and case studies from around the world are provided in order to demonstrate the importance of sponsorship on an international basis. This book is vital resource for both students and practioners.
Despite the strong trend for service brands sponsoring events, the literature provides few theory-based and field-tested guidelines for services marketing managers who are charged with selecting events to sponsor. In response, this study provides a congruity-based framework for sponsors' decision-making and tests the hypothesized model explaining linkages among service brand sponsors, a sporting event, and consumer attitudes. The study's findings help clarify not only how congruent event-sponsor fit can be realised but also the potentially valuable role that event-sponsor fit serves toward strengthening key consumer relationship outcomes. Structural equation modeling is used to test the posited model using replicate samples of two distinct service brands (AT&T: n=563 and United Community Bank: n=435) operating at different levels of corporate sponsorship of the sixth annual Tour de Georgia (TDG) professional cycling race which drew an estimated 400,000 attendees. Investigation of the effectiveness of different brands at the same event is important to marketers as it reflects the plethora of brand messages typically communicated at sports events. The results do not reveal that tested individual brand sponsor congruity moderates consumers' attitudes toward the event or sponsor. Surprisingly, AT&T did not experience any discernable advantage of sponsorship, despite its position as the title sponsor of the TDG and its high brand equity. Based on this preliminary evidence, the results offer directional evidence that sponsors may not necessarily reap results that are commensurate with their sponsorship level or brand equity position. Thus, established regional service brands may experience sponsorship effectiveness at regional or community events where their sponsorship investments can be recognised without serving as the title sponsor. The current study extends previous congruity research because it lays out contributing factors for establishing event-sponsor fit. As a form of fan involvement, activeness in the event domain (i.e., sports activity) is shown to positively influence how consumers assess the link between an individual service brand and the tested sponsored sports event. In addition, the results make it clear that consumers form more favourable event-sponsor linkages when they enjoy the event as consumer affect toward the event is shown to positively and directly influence their perceptions of event-sponsor fit. This finding is particularly relevant for service brands high in functional or utilitarian properties. In particular, sponsorship of hedonic events can convey similar values and imagery and/or offer a logical connection with the service brand. In addition, the hypothesized path between consumers' brand knowledge and their assessments of the sponsor's fit with the event finds multi-contextual support. The study further demonstrates how desirable relational outcomes are positively influenced by event-sponsor fit. Specifically, congruency positively and directly influences consumer's favourable brand commitment to the sponsor's brands, which in turn, benefits the sponsor by consumers' intentions to purchase the sponsor's services. Overall, the findings show how events and service brand sponsorships synergistically facilitate and deepen consumer relationships by connecting service brands with consumers' passions for the sponsored event and its activities.
A newly popular member of the integrated marketing communications strategy is the sponsorship of events. Currently, sponsorship activities hold an important share in overall communication budget of brands. This trend also increases the expectations on the return and financial contribution of these investments. This book provides a comprehensive analysis of sponsorship dynamics as well as the exploration of the relationship between sponsorship and customer based brand equity (CBBE). The book explains the details of the research study which measures the effects of sponsorship involvement on CBBE and provides a discussion on the results of the research together with the explanation of implications for brand managers. The comprehensive analysis of sponsorship dynamics and the theoretical model developed make this book a valuable source of information for both researchers and brand managers. For researchers, the book opens a gate for further research to explore the effects of sponsorship on consumer behavior. For brand managers, it provides a guide for getting effective results in sponsorship involvement as well as to increase the return on these investments.
Consumer interaction and engagement are vital components to help marketers maintain a lasting relationship with their customers. To achieve this goal, companies must utilize current digital tools to create a strong online presence. Digital Marketing and Consumer Engagement: Concepts, Methodologies, Tools, and Applications is an innovative reference source for the latest academic material on emerging technologies, techniques, strategies, and theories in the promotion of brands through forms of digital media. Highlighting a range of topics, such as mobile commerce, brand communication, and social media, this multi-volume book is ideally designed for professionals, researchers, academics, students, managers, and practitioners actively involved in the marketing industry.
This book explores and advances the latest concepts and developments in event management theory and practice. Drawing on the ever-growing event management literature – and supported by theories and concepts from parent disciplines – the book examines challenges and opportunities related to maximising business and social benefits for those working in different event management positions in a variety of contexts. Written by an international team of five management scholars, the book investigates event management and leverage from various angles, including international business, event business studies, sport management, community development, and business strategy. It does so by offering a combination of theoretical approaches as well as contemporary cases from around the world. This book will be of interest to undergraduate and postgraduate students of event management, as well as scholars researching in social and business-related areas of event management and leverage.
"The art of building sales is, to a large extent, the art of building brands. After reading Kapferer's book, you'll never again think of a brand as just a name. Several exciting new ideas and perspectives on brand building are offered that have been absent from our literature".--Philip Kotler".An invaluable reference for designers, marketing managers and brand managers alike".--Design magazine.
This book examines the extent to which social media marketing influences the customer-based brand equity of higher education institutes. Higher education institutions operate in a strong competitive environment due to the homogenous nature of their services and always look for new marketing strategies to be competitive in the marketplace. Therefore, building customer-based brand equity has become crucial for higher education institutions to differentiate themselves from others to attract prospective students. Social media-based marketing facilitated prospective students to communicate and collaborate to gather information relevant to higher education institutions and their respective brand equity. However, many models on customer-based brand equity received limited support in the higher education sector, particularly in emerging Asian countries. As such, drawing from social information processing theory, this book empirically investigates how higher education institutions can develop customer-based brand equity by using social media marketing and subjective norms mediated by brand credibility, taking cross-country comparisons between Sri Lanka and Vietnam. The book goes on to examine the applications and implications of the findings for higher education institutions in developing branding strategies through social media.