Monetizing on value creation in sports is a function of an appropriate strategic cultivation of the sports-related organizations’[1] stakeholder relationships. The sports business emphasizes Marshall McLuhan’s statement that “the medium is the message” (McLuhan, 2006, p. 107), which acts as a meaningful practical reason for why today’s sports-related organizations should aim to succeed in managing […]
Tag Archives | sport marketing
Innovation, glamour, excitement and maximum speed – business case of F1 star Lewis Hamilton
Lewis Hamilton is a sporting super star athlete succeeding in crafting an image that blends the ‘full speed’ perception of a Formula 1 champion with the energy and coolness that helps to differentiate Hamilton from most of his competitors in F1 and the world of sports. These characteristics has shaped Hamilton’s image for years and […]
Football’s sociocultural appeal moves customers and market shares – case of El Clásico
Top football thrives due to the popularity of the game on a global scale and its roots in a sociocultural context. Rivalries and local derbies are at the center of attention in this sociocultural perspective of football. In an era characterized by the terminology of the ‘global village’, these matches mirror passionate pastime entertainment with […]
Technology and data in the business of sports pull young people on stage
The business of sports is characterized by a lot of old men on stage but it will be the young generations that will change the world of sports. The rise of new technological applications, data management and digitalization transforms the business models in sports due to adjustments in supply and demand and thus the consumption, […]
Football’s fight to turn the world into a better place
The motto of the ECA is “LEADING THE WAY FOR FOOTBALL CLUBS IN EUROPE” and on Monday the 5th of September, the ECA will celebrate the winners of the 7th edition of the ECA Awards as part of the 17th ECA General Assembly. The ECA Awards event is a chance to applaud a football club […]