Wednesday, 2 March 2016

Olympics sponsors put marketing plans into action

Corporate sponsors of the upcoming Rio Summer Olympics are using marketing to connect with audiences through the personal stories of athletes and their families. Remember 'Thank you, Mum' from the last Olympics? That was Procter and Gamble's memorable marketing idea, connecting with consumers on an emotional level by showing how mothers provide vital behind-the-scenes motivation for athletes. Here's a video about P&G's support from the Olympic sponsor page.

P&G doesn't just market the Olympics sponsorship under its corporate umbrella. Many of its billion-pound consumer brands will also have a tie-in campaign for the Rio summer games. 'One of the myths is that the Olympics is more of an image-building opportunity', P&G's brand director of Olympics & sports marketing said at a recent sports marketing conference. 'Over the last three [Olympic] games, we’ve seen how it is a business-building platform for brands'.

BMW, like many sponsors, is not only sponsoring Olympic teams, it's focusing its marketing efforts on selected athletes. For example, BMW is creating marketing communications to follow medal-contenders and up-and-comers alike on the Canadian team, including high-jumper Derek Drouin. Each athlete chosen for BMW's marketing treatment will receive a BMW to drive.

Visa International is a long-time Olympics sponsor with experience marketing its financial services in conjunction with sports sponsorships. This year, it teamed up with another sponsor, Swatch, to allow attendees in Rio to pay using a smartwatch app. Like so many other sponsors, Visa has its own roster of athletes that will be the face of its marketing efforts.

Watch for more marketing activities, especially social media marketing, in the weeks leading up to the opening of the Olympics.