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Sponsorship
| Question | Answer |
|---|---|
| What is Sponsorship? | a relationship with an event or with an individual that may offer a commercial advantage |
| What must be considered when using sponsorship as IBP tool? | the fit between brand and any candidate event/individual - Rory McIllroy for Nike is good bad for santander |
| Advantages of Sponsorship? | * enhances an image through association * represents a brand in a favorable environment * increases brand awareness * suggests exclusivity |
| Disadvantages in Sponsorship? | * Susceptible to sabotage - Shell F1 + Greenpeace *negative image association through not sponsoring someone but still displaying clothing - Mike 'the situation' Abercrombie and Fitch * Events can be overloaded with sponsorship - outfits worn by F1 |