psych eye for the sponsorship guy

33
Psych Eye for the Sports Sponsorship Guy Four effective digital activation strategies for sports sponsorship using need-to-know psychology 1 Dr Paul Marsden Psychologist @marsattacks

Upload: paul-marsden

Post on 02-Jul-2015

1.127 views

Category:

Business


2 download

DESCRIPTION

Four effective digital activation strategies for sports sponsorship using need-to-know psychology

TRANSCRIPT

Page 1: Psych Eye for the Sponsorship Guy

Psych Eye for the Sports Sponsorship GuyFour effective digital activation strategies for sports sponsorship using need-to-know psychology

1

Dr Paul Marsden Psychologist

@marsattacks

Page 2: Psych Eye for the Sponsorship Guy

How can digital make sponsoring an athlete, event, team, league, or stadium more effective for sponsors?

2

Jensen, J. A., & Hsu, A. (2011). Does sponsorship pay off? An examination of the relationship between investment in sponsorship and business performance. International Journal of Sports Marketing & Sponsorship, 12(4).

SUPER SPONSORS

SPONSORSMARKET AV.

GRO

WTH

(CAG

R)

STO

CK P

ERFO

RMAN

CESUPER SPONSORS

SPONSORSMARKET AV.

+1.31% +10.26%

Page 3: Psych Eye for the Sponsorship Guy

Some, like Dallas Mavericks owner Mark Cuban believe digital is a distraction, associated with boredom…

3

Page 4: Psych Eye for the Sponsorship Guy

Digital agencies, on the other hand, are pushing all manner of digital initiatives to ‘activate’ sponsorship deals

4

Adidas prints 3D lace locks

#3D

Page 5: Psych Eye for the Sponsorship Guy

Digital agencies, on the other hand, are pushing all manner of digital initiatives to ‘activate’ sponsorship deals

5

The North Face live cast at Masters of Snowboarding event

#LIVECAST

Page 6: Psych Eye for the Sponsorship Guy

Digital agencies, on the other hand, are pushing all manner of digital initiatives to ‘activate’ sponsorship deals

6

Nike offers in-app personalised motivational message from sponsored athletes

#PERSONALISEDTiger Woods

Congratulations on your fastest mile!

Page 7: Psych Eye for the Sponsorship Guy

Digital agencies, on the other hand, are pushing all manner of digital initiatives to ‘activate’ sponsorship deals

7

Crowdfunded sponsorship on Crowdtilt from Jamaican bobsled team

#SOCIAL

Page 8: Psych Eye for the Sponsorship Guy

Digital agencies, on the other hand, are pushing all manner of digital initiatives to ‘activate’ sponsorship deals

8

Is DTF - Direct to Fan - the new model for sponsorship?

#DTF

Page 9: Psych Eye for the Sponsorship Guy

Digital agencies, on the other hand, are pushing all manner of digital initiatives to ‘activate’ sponsorship deals

9

Intel Inside sponsorship, FCB and the Internet of Things

#IOT

Page 10: Psych Eye for the Sponsorship Guy

Digital agencies, on the other hand, are pushing all manner of digital initiatives to ‘activate’ sponsorship deals

10

Sponsors providing data to enhance enjoyment

#DATATAINMENT

Page 11: Psych Eye for the Sponsorship Guy

Digital agencies, on the other hand, are pushing all manner of digital initiatives to ‘activate’ sponsorship deals

11

With bigger audiences than NBA finals, is the future esports?

#ESPORTS

Page 12: Psych Eye for the Sponsorship Guy

Digital agencies, on the other hand, are pushing all manner of digital initiatives to ‘activate’ sponsorship deals

12

Using sponsored athletes performance in wearable tech

#WEARABLE

Page 13: Psych Eye for the Sponsorship Guy

But to have a clear idea of what can work, we need to understand the basic psychology of sponsorship

13

#3D#DTF

#DATATAINMENT

#IOT

#IOT

#SOCIAL #LIVECAST

Page 14: Psych Eye for the Sponsorship Guy

Unlike advertising that works primarily by persuasion, sponsorship works by association

14

ADVERTISINGPERSUASION

SPONSORSHIPASSOCIATION

Page 15: Psych Eye for the Sponsorship Guy

People store ideas in their minds - whether about people, brands or things - as networks of mental associations

15

Page 16: Psych Eye for the Sponsorship Guy

For example, who you ‘are’ to a friend is defined by the sum of mental associations they make about you…

16

Page 17: Psych Eye for the Sponsorship Guy

And these associations determine not only meaning (sense) but also feelings (sentiment)

17

SENSE SENTIMENT

Wang, R. T., & Kaplanidou, K. (2013). I want to buy more because I feel good: the effect of sport-induced emotion on sponsorship. International Journal of Sports Marketing & Sponsorship, 15(1).

Page 18: Psych Eye for the Sponsorship Guy

The same goes for sponsors - sponsors are defined in our minds by the network of associations we make around them

18

SPORTS

PERFORMANCE

JUST DO IT

SWOOSH

COOL

RUN

FOOTBALL

VICTORY

Page 19: Psych Eye for the Sponsorship Guy

Sponsorship is the art and science of selectively reinforcing associations to improve sense, sentiment and salience

19

VICTORY

Pracejus, J. W. (2004). Seven psychological mechanisms through which sponsorship can influence consumers. Sports marketing and the psychology of marketing communication, 175-190., Chicago

Page 20: Psych Eye for the Sponsorship Guy

Sponsors can activate and reinforce an association by sponsoring a property that shares a target association

20

VICTORY

Hoek, J. (1999). Sponsorship: An evaluation of management assumptions and practices. MARKETING BULLETIN, 10, 1-10. Chicago

Page 21: Psych Eye for the Sponsorship Guy

When both parties share an association (AKA ‘associative coherence’), the association is reinforced and gets stronger

21

SPORTS

PERFORMANCE

JUST DO IT

SWOOSH

COOL

RUN

FOOTBALL

VICTORY

Page 22: Psych Eye for the Sponsorship Guy

Psychologically, the primary role of digital activation is to further reinforce this shared and strengthened association

22

VICTORY

Tiger Woods

Congratulations on your fastest mile!

Page 23: Psych Eye for the Sponsorship Guy

Interestingly the very act of sponsoring reinforces two particular associations around ‘quality’ and ‘fitness’

23

Page 24: Psych Eye for the Sponsorship Guy

We implicitly infer only ‘fit’ brands can afford to sponsor, and only ‘quality’ brands will be allowed to sponsor

24

Page 25: Psych Eye for the Sponsorship Guy

Like the peacock tail, sponsorship is a form of ‘costly signalling’ associated with fit, quality ‘genes’

25

Page 26: Psych Eye for the Sponsorship Guy

So it will usually be effective to focus digital activation around ‘fitness’ and ‘quality’ - whoever the sponsor

26

Page 27: Psych Eye for the Sponsorship Guy

In other words, sponsorship is a form of ‘conspicuous consumption’ - a costly but effective show-off display

27

Page 28: Psych Eye for the Sponsorship Guy

And what’s interesting about conspicuous consumption today is that it is changing - towards ‘conspicuous compassion’

28

Page 29: Psych Eye for the Sponsorship Guy

Conspicuous compassion is the visible signalling of fitness and quality through benevolence

29

#FIRSTHOMEGAME

Coke’s Sprite brand renovating LeBron’s childhood court https://www.youtube.com/watch?v=_FGKofNiRzo

Page 30: Psych Eye for the Sponsorship Guy

We’re likely to see a lot more effective digital activation of sponsorship based on conspicuous compassion

30

#MAKETHEFUTURE

Shell’s sponsorship of soccer pitch in Morro da Mineira favela Rio de Janeiro https://www.youtube.com/watch?v=iGsThiLDxzc

Page 31: Psych Eye for the Sponsorship Guy

Is the future of sponsorship is conspicuous compassion?

31

#IMMORTALFANS

Increasing organ donations by 54% with Immortal Fans and Brazilian Sports Club Recife - https://www.youtube.com/watch?v=vUi6zTTpi3E

Page 32: Psych Eye for the Sponsorship Guy

So that’s it, 4 digital slam dunk digital activation insights for sports sponsors

32

ASSOCIATIVE COHERENCE ‘FITNESS’ FOCUS

SPONSOR ‘QUALITY’ CONSPICUOUS COMPASSION

Page 33: Psych Eye for the Sponsorship Guy

For more practical marketing psychology digitalintelligencetoday.com

33

Dr Paul Marsden Marketing Psychologist

@marsattacks