Sponsorships of industry-specific events can have many benefits,

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nrumohammadx1
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Joined: Mon Dec 23, 2024 3:49 am

Sponsorships of industry-specific events can have many benefits,

Post by nrumohammadx1 »

from strengthening your brand and reputation to opening up new market niches. But not only that, if done well, they can also help you become a point of reference in your market and increase sales.
There are no official data on event sponsorships, but their effectiveness list of bahrain consumer email is evident, otherwise their ever-increasing popularity would not be explained. Compared to other forms of communication, sponsorships are the ones that, last year, registered the greatest growth with an increase of 4.5%. Advertising, on the other hand, grew by 4.4%, while direct marketing and public relations by 3%.


In the sports sector, the value of sponsorships worldwide has increased from $46.3 billion in 2010 to $63 billion last year (source: EAE Business School ). And a Nielsen report has shown that sports is one of the favorite topics for people on social media: 50% of conversations are about this topic.


But precisely because of their ability to reach a very large audience, sponsorships of sporting events have become very expensive. And therefore not suitable for everyone.
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