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The Rise of Digital Assets in Sports Sponsorship

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Mumbai: The horizon is bright for Indian Sports Viewers. Over the last three years, the Indian Sports scene has witnessed a mushrooming of leagues other than cricket. For a country where cricket is a religion, it is nothing less than miraculous. However, for people studying and observing the trends behind the scenes, this is in no way harmful for the Indian Premier League (IPL), which continues to dominate the cash flow into the Indian Sports market.

 

“India with the population that it possesses, is an ideal market for multiple sports properties,” says Hitesh Gossain, CEO of Onspon.com. “Sports Sponsorship in India in 2016 has grown 12.3% to INR 5185.4 Crores from INR 4616.5 Crores in the previous year. But as usual, the biggest kid on the block is the IPL. It has grown by 13.9% and contributes INR 529.50 Crores to the overall Sponsorship pie.” 

 

Brands are now looking beyond the Television air-time that is guaranteed once they appear on the jersey on any IPL teams. Over the past few seasons, brands have been closely analyzing avenues to directly touch their target audience; something that is not always guaranteed via television based branding.

 

“As a brand, what we seek via a platform as big as the IPL, is an opportunity to engage with our target segment. The IPL as a sports property has attached millions of fans over a very varied diaspora has made which has made it all the more vital for us to leverage such opportunities,” explains the Marketing Head Honcho of a leading Mobile brand in the country who chose to remain anonymous. “Nowadays, the word ‘Sponsorship’ is getting replaced by the word ‘Partnership’. We consider ourselves to be partners with the team that we choose to tie up with.”

 

One such leading avenue riding the crest of a giant wave, are the varied digital extensions on offer. The IPL teams have aggregated millions of footprints on social media. Their numbers on Facebook, Twitter, Instagram and YouTube are mind-boggling and are a potential gold mine for prospective sponsors. Kolkata Knight Riders (KKR) on its Facebook page alone has over 13 million followers…a number that substantiates the might of their reach.

 

“Mobile devices have become a second screen for almost 65% of the people who ingest sports content. Social Media is now playing an enormous role in the way the audience is engaging with their favorite sports teams,” states Hitesh. “If you are a brand and you want to reach out to a particular segment on Social media, you will have a invest a good chunk in order to get sustained returns. However, piggybacking on a Sports team’s digital reach is becoming a new channel for brands to register their impact. Companies like Facebook and Twitter are working very closely with teams and leaving no stone unturned to enhance their online viewership.”

 

This methodology has already been used in established global leagues like the English Premier League, where brands power select and high-performing digital assets like a full-time score or a team line-up. One such example is Nissan who have partnered with Manchester City FC. During every game, Nissan powers the Best Performer of the day posts on social media. This alone gives them a reach of close to 2 million on a day that Manchester City FC wins and an impressive return of 800,000 on a bad day. Technology Companies like Strontium (an Indian Technology Hardware company) have waded into the digital waters and are experiencing the results first hand via their tie-up with KKR. Smartly tying in crowd engagement to raise awareness about their brands via KKR’s social media posts has seen their brand identity increase ever since the IPL has started.

 

Britannia 50-50 has also jumped onto the band-wagon and comes with hilarious gifs (moving graphics) based on the Royal Challenger Bangalore (RCB) players before every game. Tugging at the audience’s funny bones, these posts have seen an average viewership of 100,000 for each individual post.

 

As the season progresses, we are sure to see more and more brands take the plunge and leverage the enormous benefits of the digital extensions owned by the IPL Clubs. With a predicted forecast of an explosive 25% increase in social media traffic by 2017, digital assets will be a blue-chip trump card for several return savvy brands over the next few years.

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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