Friday, 10 September 2010

SPONSORSHIP AND SOCIAL MEDIA - PERFECT PARTNERS




Traditional sponsorship principles are straight forward enough.

Brands/ companies want to talk about and ultimately sell their brands, products and services to consumers. This gets done predominately through ADVERTISING in ADTIME – at best, when consumers expect it or are receptive to it.

Outside ADTIME, brands can talk to consumers in their LEISURE TIME. SPONSORSHIP sits in that LEISURE TIME, around peoples PASSIONS & INTERESTS.

Sponsorship can do AWARENESS, IMAGE/ VALUE EXCHANGE and offer CONTENT for brands to connect with consumers in that LEISURE TIME.

SPONSORSHIP CONTENT can be particularly powerful as it,
1. Has the endorsement or a credible 3rd party and
2. Addresses an already receptive and hungry audience.

Social Media’s arrival in mainstream culture has created a huge new opportunity for brands and sponsorship, specifically.  Crucially, this not just about seeing Social Media as a channel to tell consumers about a sponsorship.

SOCIAL MEDIA and SPONSORSHIP share some dynamic and unique ground: They are both fueled and powered by people’s PASSIONS & INTERESTS.

However, when SOCIAL MEDIA is INTEGRATED with SPONSORSHIP, exciting new benefits for brands emerge:

1.     DEPTH, through a real dialogue
2.     REACH, way more cost effectively
3.     LONGEVITY, beyond a single event
4.     CRM, data to integrate into sales channels
5.     MEASURABILITY, like never before

SOCIAL MEDIA could have become the new lease of life that SPONSORSHIP needs.

A final thought - Social Media opens up a raft of new opportunities for brands.  Amongst them, Sponsorship online of social media/ blogs and the opportunity to access fans without the need for rights  – more on this to follow.


Ben Pincus



No comments:

Post a Comment