Sponsorship allows businesses to enhance their brand recognition and present their products positively by associating with sports teams and events. Case studies show how companies like UBS and BNP Paribas use sports sponsorships internally to motivate employees and facilitate structural changes like mergers. UBS leverages its sponsorship of a yacht racing team through an intranet site to unite and improve output of its global employees, while BNP Paribas used its sponsorship of tennis to promote acceptance of its bank merger. Management should consider potential internal marketing value when pursuing sponsorships.
Sponsorship allows businesses to enhance their brand recognition and present their products positively by associating with sports teams and events. Case studies show how companies like UBS and BNP Paribas use sports sponsorships internally to motivate employees and facilitate structural changes like mergers. UBS leverages its sponsorship of a yacht racing team through an intranet site to unite and improve output of its global employees, while BNP Paribas used its sponsorship of tennis to promote acceptance of its bank merger. Management should consider potential internal marketing value when pursuing sponsorships.
Sponsorship allows businesses to enhance their brand recognition and present their products positively by associating with sports teams and events. Case studies show how companies like UBS and BNP Paribas use sports sponsorships internally to motivate employees and facilitate structural changes like mergers. UBS leverages its sponsorship of a yacht racing team through an intranet site to unite and improve output of its global employees, while BNP Paribas used its sponsorship of tennis to promote acceptance of its bank merger. Management should consider potential internal marketing value when pursuing sponsorships.
Home Team WHAT IS SPONSORSHIP? • Sponsorship is a commercial deal where a business provides support, usually financial, for a team, athlete or event.
• Companies hope to enhance their advertising
and brand recognition by association with a sport or athlete, presenting their brand and products in a positive light. ECOLOGY OF SPONSORSHIP • There are different parts of society which are involved in sponsorship • The sports can not alone exist on it’s own. • Businesses and media make the sporting field an industry Case Study • companies often sponsor sports teams and events to promote their brands to the public. • Sponsorships are being used strategically inside companies to motivate employees or facilitate a major structural change, such as a merger. • A study was conducted that looked at sponsorship and brand-management practices in 20 global companies and sports organizations, including Nike, Visa, Crédit Lyonnais, the International Olympic Committee, and the International Federation of Association Football. • Switzerland-based UBS, one of the world’s leading financial firms, uses its sponsorship of Team Alinghi, the current title holder of the America’s Cup yacht race, as an internal marketing vehicle. • Internal marketing is the promotion of a company's objectives, products and services to employees within the organization. The purpose is to increase employee engagement with the company's goals and fostering brand advocacy. • Values common to UBS and Team Alinghi, such as teamwork, responsibility, informed and rapid decision making, drive to succeed, and Swiss identity, are at the heart of communications designed to unite, motivate, and improve the output of the company’s 67,000 employees scattered across the globe. • UBS also created an intranet site known as the World of Alinghi, which offers information about the sponsorship’s objectives and provides a toolbox of presentations, images, and display materials that employees can use to leverage the sponsorship in approaching clients. • Across companies, the employee engagement stimulated by internal marketing of a sponsorship enhances the external effectiveness of the program. • In the case of UBS, the sponsorship has been instrumental in motivating employees to help build the UBS brand. French banks BNP-Case • In another case, the French banks BNP and Banque de Paris et des Pays-Bas (Paribas) used sponsorship of the French Tennis Federation as a unifying element in employee communications to promote acceptance of their post merger identity and to describe the new company’s future direction. • logo and livery of the merged bank were launched primarily through the association with tennis. • Tennis merchandise and posters of tennis events were distributed widely through the combined network of branches. • Moreover, rather than sponsoring just the French Open at Roland Garros, the new organization, operating as BNP Paribas, worked with the tennis federation to develop other events, including a masters competition, that would create further opportunities to engage with staff members around the sponsorship throughout the year. Role of Management • Management should weigh potential internal marketing value when contemplating any sponsorship program.
• Sports-related internal communication programs can create
cohesion, elicit pride in the company, and enhance perceptions of it as a vibrant “winner” or leader in its industry.
• During a sponsorship, employee surveys can help in value
assessment, and the very act of surveying can further engage employees in the program.