Sponsorships of industry-specific events can have many benefits,
Posted: Sun Jan 19, 2025 7:16 am
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.
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.