Research has shown that sports stars and celebrities are very influential in relation to young sports fans regarding these fans’ behavioral intentions in switching products, producing brand loyalty and word-of-mouth. That concludes that sports stars are significant socialization with huge potential of impact on purchase intentions and consumption patterns (Dix et al., 2010; Appelbaum et […]
Fan relationship management – ‘breaking through the clutter’
By Kenneth Cortsen on October 24, 2013 in Sport & Events, Sport & Media Relations, Sport Economy, Sport Management, Sport Marketing
Tell me, and I will forget. Show me, and I may remember. Involve me, and I will understand. (Confucius, BC 450) Video: stimulating football fans before ‘El Classico’, i.e. FC Barcelona vs. Real Madrid. Fan relationship management is a ‘mind game’ in the sense that the strongest sports entities are those capable of positioning themselves […]
NFL, Denver Broncos and Peyton Manning – economic impact & commercial interdependence
By Kenneth Cortsen on October 22, 2013 in Sport & CSR, Sport & Events, Sport Economy, Sport Management, Sport Marketing
Denver Broncos from the NFL experienced its ‘first loss’ of this year’s NFL-season when the team played Indianapolis Colts this weekend (7th game of the season). Broncos won the first 6 games of the season and quarterback Peyton Manning has played a leading role in this great accomplishment with new ‘passing records’. The ironic echo […]
Real Madrid’s earning power
Real Madrid leads Deloitte’s ‘Money List’ in terms of revenues. Part of Real Madrid’s success is associated with the club’s attractiveness for sponsors. This year, Real Madrid signed a shirt-sponsorship deal with Emirates (airline) – a 5-year deal with an annual value of approximately $39 mio (Sport Marketing Frontiers, 2013). To exemplify Real Madrid’s brand […]
Fan relationship management – exploring digital strategies
By Kenneth Cortsen on October 14, 2013 in Sport & Media Relations, Sport Economy, Sport Management, Sport Marketing
Sports entities looking to secure ROIs and ROOs based on the fan relationship must apply ‘engaging ways’ to build a richer relationship with their audiences. The worst strategy is a ‘lean back and enjoy the ride’ attitude where sports entities mirror a degree of arrogance due to the popularity of the sport in which they […]