Sunday, 1 July 2012

Why sponsors support the Olympics

Coca-Cola UK answered one of the FAQs about its involvement with London 2012 (and its support of the Olympic Games since 1928) by pointing to brand-building and quality:
We are a business, and so part of the reason for our sponsorship is to build awareness for our brands and the wide choice of quality and refreshing drinks we offer consumers. We sell a range of drinks at all Olympic venues during the events. Coca‑Cola also shares the Olympic Movement's vision of connecting people with sport, and we are committed to promoting active, healthy lifestyles and increasing participation in sport at every level.
Panasonic explains its support of the Olympics by showing the connection with the passion that athletes and fans have for sports and the company's ability to provide tools for self-expression and the joy of sharing:
Panasonic is proud to support the Olympic Movement which aims to promote world peace through sports . . . Panasonic is committed to "Sharing the Passion" of athletes with people around the world and connecting people who are passionate about sports and the Olympic Games . . . Panasonic also empowers consumers with new tools for self expression and heightens the joy of sharing with consumer digital cameras, camcorders, and Internet TVs. Though made for the consumer, these devices integrate sophisticated audio video technologies used in a broad array of Panasonic's professional systems for applications such as large-screen display and broadcasting equipment.
Procter & Gamble says it's supporting the Olympics for three reasons: business, corporate branding and internal marketing. To quote the UK and Ireland Olympic Projects Director:
"First it is to build the business. Anyone who does a partnership deal and says it is not to build their business, then you wonder what they are doing it for . . . Secondly, we have made a clear decision to use the Olympics to launch Procter and Gamble as a corporate brand, as something separate from the individual brands that P&G owns . . . The other reason for backing the games is that it can be a powerful tool within our workforce, in the UK and around the world."
From today, the Olympic Games begin in 26 days. The world will be watching and cheering!