Key note: Sports Brands (University of Eastern Finland, January 2014)

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Dr. Arto Kuuluvainen, Key note speech: Sports Brands. Sports management -seminar, UEF, January 2014

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Key note: Sports Brands (University of Eastern Finland, January 2014)

  1. 1. SPORTS BRANDS PhD Arto Kuuluvainen
  2. 2. ARTO KUULUVAINEN - PhD (International Business), Turku School of Economics, 2011 - Currently: Research Manager in Danish marketing research company (M3 Research A/S) - Previously: Over 8 years in TSE (f.ex. Teaching of Sports management & -entrepeneurship course) - Business experience from sports-related companies - Sports background: Floorball, Tennis, Icehockey, Football
  3. 3. SPORTS CLUBS & BRANDS - Sports clubs create stronger emotional reactions than majority of other industries - Sports clubs have started to systematically build their brands only rather recently (mainly from 1990’s) - Why sports is so special industry? Because of this.
  4. 4. BRAND BUILDING IN SPORTS Same principles than in ”normal” business. Aims to: More spectators more gate receipts More involved consumers More merchandise sales = More income better possibilities for success!
  5. 5. THE MOST VALUABLE SPORTS BRANDS BASED ON FINANCIAL DATA (FORBES, 2013) Clubs: 1. Real Madrid $450 million 2. New York Yankees $443 million 3. Manchester United $433 million 4. FC Barcelona $361 million
  6. 6. 1. RM 1. Barça €46M 5. Sevilla €31M 6. Betis €29M €28M 8. Getafe €18M 9. Espanyol €17M 10. Athletic €17M €15M 12. Zaragoza €15M 13. Osasuna €14M 14. Málaga €14M 15. Mallorca €14M 16.Levante May change also in La Liga soon 4. Atléti 11. R.Sociedad Different system in Premier League, Serie A and so on €48M 7. Villarreal Own TV-deals (Table from 2011) & own merchandise deals €140M 3. Valencia WHY TWO LA LIGA CLUBS IN TOP 5? €140M €14M 17. Sporting €14M 18. Granada €14M 19.Rayo €14M 20. Racing €13M
  7. 7. BUILDING BRAND EQUITY IN A SPORTS CLUB (GLADDEN ET AL. 1998)
  8. 8. BRAND IDENTITIES; ESPOO BLUES VS. HIFK (HELSINKI) (JOKINEN 2013)
  9. 9. ESPOO BLUES: BRANDING PROBLEMS - Pre-season ad: http://www.youtube.com/watch?v=6bKNQpBh pjQ&feature=player_embedded - What happened soon? (Koskinen, Ikonen ) - Follow your brand statement & be committed! Otherwise it is useless.
  10. 10. 10
  11. 11. SOCIAL MEDIA
  12. 12. ATHLETES AS BRANDS
  13. 13. - Sports stars are not anymore only on-field performers but also off-field commercial properties (i.e. brands) - Players have been advertising products already for decades BUT now they’ve become brands by themselves.
  14. 14. THE MOST VALUABLE SPORTS BRANDS BASED ON FINANCIAL DATA (FORBES, 2013) Athletes: 1.Tiger Woods & Roger Federer $46 million 2.LeBron James $27 million 3.Phil Mickelson $25 million 4. Mahendra Singh Dhoni $21 million
  15. 15. FOOTBALL PLAYER AS A BRAND ‘ A unique, distinctive combination of unplanned and planned factors that mark out a player as being different to other players thus enabling the immediate identification of the player and the activities in which they are involved’. (Burton & Chadwick 2008) - However, unlike other brands and/or products, people are unique. It is difficult to imitate and impossible to replicate brands such as Ronaldo or Beckham - Athlete brands are relatively short-living brands and ageing of the athlete will change these remarkably. .
  16. 16. GLOBAL SUPERSTARS CR7 Becks
  17. 17. WHAT’S COMMON? - Sportiness - Appearance + status symbols (fancy cars, outgoing lifestyle etc.) - Football skills - Representation of globally leading football clubs (ManU, Real Madrid etc.) - Symbols? (Beckham: Tattoos & hair, Ronaldo: Hair & jewels) - Something else?
  18. 18. TOPSTAR (BURTON & CHADWICK 2008) - Helps to understand athlete brands Team – the team(s) that a player plays for or has played for; the associations a player has with a particular team; the profile, reputation and success of the team; the player’s role within the team Off-field – where the player lives; who the player socialises with and where; who the player is married to or is dating; the type of house the player lives in, the car they drive, the clothes they wear Physical characteristics, mentality and values – the facial appearance and physique of the player; other distinguishing features such as hairstyle, tattoos etc.; the way a players thinks and the views they hold;
  19. 19. Success – the player’s on-field record; the number of trophies, medals and prizes the player has won; the winning teams and games in which the player has been involved Transferability – the extent to which the player appeals to males and females, young and old, followers and non-followers of football; the extent to which the player and their image are culturally and geographically transferable; language(s) spoken; Age – the stage at which a player is in their career; viewed in product lifecycle terms, this will have an impact on the profile, characteristics and longevity of the brand as well as influencing how the brand is managed; Reputation - the player’s reputation as footballer; style of play; disciplinary record; the player’s reputation outside of football; way the player deals with public and media attention.
  20. 20. GUERILLA MARKETING & STORY TELLING IN SPORTS Sporting Lisbon Duracell & NFL TUTO HOCKEY VS HC TPS Be Creative!

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