Introduction:
Background
In today’s business, companies are doing their best to reach consumers through their minds and hearts using sponsorships as another way to promote their brands (Heismith, 1994). As defined by Cornwell et al. 2005), ‘’Sponsorships are a growing communication form, and are defined by a sponsor (i.e. a brand or firm) providing cash and/or other compensation in exchange for access to an object’s commercial potential (i.e. exposure and association with the cause, event, organisation or individual related to a sport, cultural, and/or non-profit entity)’’. Benett (1999) adds that, Sponsorships ‘’seek to achieve favourable publicity for a company and/or its brands within a certain target audience via the support of an
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As well as, literature studies related to the subject. Chapter four consists on the research’s methodology adopted to elucidate the research problem and achieve the previously set objectives. Chapter five comments and analyses the findings from the questionnaire as well as the ones collected from the secondary data, using triangulations to propose a solution to the study. Chapter six concedes conclusions drawn from the findings and the secondary data to suggest different recommendations to the research’s outcome.
Introducing the why of the research problem
In their comprehensive review of the sponsorship literature, Gardner and Shuman[3] have noted the lack of empirical studies examining the impact of sponsorship programmes on consumers. There is therefore a need for research aimed at identifying and understanding the factors that influence consumer reactions towards sponsoring activities.
Although the growth in sponsorship investments is well documented in the literature along with the plethora of options now available to sponsors, several researchers have indicated the lack of evidence about how and when sponsorship works (Hoek, 1999; Meenaghan and O’Sullivan, 2001).
Recent academic research, however, has addressed the importance of attitude research in understanding sponsorship outcomes (Alexandris et al., 2007).
Despite the increased use of sponsorship to reach market segments there has been little research on the impact of sponsorship on
This chapter covers the background and rationale, statement of the opportunity, purpose, research questions, nature of the study, definition of key terms, the significance of the study, assumptions, and limitations. It also covers the scope, worldview and theoretical foundation depicting the logical path of the research study.
In response to the question set, I will go into detail of the study, consisting of the background, main hypotheses, as well the aims, procedure and results gathered from the study; explaining the four research methods chosen to investigate,
I learned that sponsorship works with one alcoholic helping another by listening and vouching for
In this paper I will analyze two articles, one is quantitative and the other is qualitative. I will describe the quantitative methods used including the research question addressed, the hypothesis, and variables. I will identify the population and sample. I will discuss the reliability and validity of the instruments used. I will then discuss the design of the article and how the findings were analyzed. For the qualitative article, I will identify the design of the article, the methods used and the strategies used for analyzing the data. Lastly, I will look at the implications for practice in the qualitative article, discuss other journals that might be interested in publishing the article and discuss how this article might
The purpose of this paper is to critique a quantitative study and to present a critical analysis on its research findings. The paper will discuss the elements influencing believability and robustness of research, including writing style, research problem, literature review, conceptual framework, research question, hypothesis, study sample, methods, data analysis and results, and discussion of the relevance and future directions.
Sponsorship is a cash in-kind fee paid to a property normally in sports, arts and entertainment in return for access to the commercial publicity associated with that product. For example a company may provide equipment for a famous athlete and ask in exchange for its logo to appear on its clothing and other assets in order for the company to receive brand recognition.
22. Which type of sponsorship platform would be more appropriate for larger, national companies with large financial resources?
Ever since the United States experienced the economic crash in the early 2000s, schools all over the country have suffered budget cuts. As a result, schools are finding themselves very short-staffed, shutting down different classes, and sometimes on the verge of closing their doors. Whether they are elementary, middle school, high school, or even colleges, they are all under the same risks. Due to this being the case, colleges began the rise of corporate sponsorships. Following in several universities footsteps, high schools and middle schools also began to accept corporate sponsorships. The result of commercialism has become present in the everyday life of children and young adults. The names of courses, posters, scoreboards, or even vending machines are just a few forms of corporate sponsorships. Corporate sponsorship in the last couple of decades has become widespread and a
Corporate sponsorships bring a couple of financial benefits to cash-strapped schools. These sponsorships can provide better equipment, new textbooks, and improved school supplies to schools that need it. At Austin High School, corporate sponsorships would enable our school to provide better uniforms and microphones for choir and to provide many essential supplies needed for art and it also gives a way for schools to get more money from corporations whenever they need it. Corporate sponsorships can provide upgraded computers and technology to students and can upgrade or create new
Sponsors are organizations or people who offer various types of assistance to other groups of people or organizations. Sponsors also gain either directly or indirectly from their activities. For instance, through sponsorship they create more awareness for their products. This is because most interested parties tend to know more about the sponsor product. This practice is mostly done in sporting activities and other entertainment facilities that require funding or some fee to access the property.
Connections with a professional sports team and youth league- Setting their brand for the sports audience which is big and could lead to sponsorships
The packet does answer one of the most important questions a potential sponsor would ask “
New employees in the career of sports marketing lead by example from some of the most successful products such as the Red Bull energy drink and Skullcandy products. The most efficient way to be successful is to promote products with several sponsors. For example, everyone knows what Red Bull is, a sports drink known for its burst of energy right when we need it. The company has had great success taking a new approach on sponsorship. Conway argues in his article “A Sports Marketing Success Story” that “Red Bull wants to own teams and events. The company has a huge focus on brand management and ownership allows it to completely control how its brand
The sports industry appears to be an attractive sphere for investment in the modern business world since it provides a variety of opportunities for shareholders. The sports industry, especially its professional sector, experienced some changes in the last few years, which made an impact on employment and technology. The main goal of this paper is to outline key features of the modern professional sports sector, outline existing opportunities and identify all the challenges for revenue which investors may face while working in this industry and link those challenges to the business structure of the professional sports sector.
1 Sponsorship is a unique way for one person to have a life-changing effort on poverty around the world by sponsoring a child in poverty.