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Building your Brand through Sports June 2014

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Page 1: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

Building your Brand

through SportsJune 2014

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The future belongs to those who

make an emotional connection The Attraction Economy, Lovemarks Academy

A presentation by Muthoni WachiraHead of Marketing & Communications – Imperial Bank

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“When dealing with people, remember you are

not dealing with creatures of logic,

but creatures of emotion. ”

~Dale Carnegie

Page 4: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

How can

we be different

in a world of product

parity?

Page 5: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

Consumer are

surrounded and saturated

Page 6: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

We are moving to a deeper and lasting connection.

BRAND LOVE

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Strong emotional connections turn brands into

Lovemarks…

17 July 2014 7

Page 8: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

We need to

shift

from

rational functions

to

emotional connections

Page 9: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

Today consumers will connect

not with just what you do

but rather with

why you do it

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Ignite conversations that matter to people

by giving them a purpose worth talking about!

Page 11: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

FOOTBALL

is sparking

the biggest conversations

Page 12: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

Sport is the only form of entertainment where, no matter

how many times you go back, you never know the ending! – Neil Simon, American playwright and screen writer

Page 13: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

CONNECTIONS

are cultivated through

the passion points of our consumers.

Page 14: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

It’s the strongest passion founded

on a culture of

belonging and loyalty to a team/community

Page 15: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

Kenyan fans are crazy about Arsenal; with pride for

the French coach who has nurtured African talent

for a refreshing flair filled brand of football.

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Where we are moving?

From To

Communication

Passive messages

Conversation

Active conversation

Page 17: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

Sustain Passion

• Sports marketing impulses

memberships, sales, and recognition.

• These factors represent the biggest benefits for • These factors represent the biggest benefits for

the companies, the athletes, the associations, the

leagues and sport event managers.

• Sport is considered a profitable and sustainable

way to grow brands

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Most Valuable Football Club Brands

Page 19: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

Marketing Plan FrameworkId

en

tify

Sp

ort

Ma

rke

tin

g O

pp

ort

un

itie

s •Analyze internal and external environment

•Analyze

De

ve

lop

a S

po

rt M

ark

etin

g S

tra

teg

y •Develop Strategic Marketing Direction.

•Policies.

Pla

n t

he

Sp

ort

s M

ark

etin

g M

ix.

•Product.

•Price.

•Promotion.

Imp

lem

en

t a

nd

Co

ntr

ol. •Implementa

tion Strategies.

•Control Process.

Our brand task is to spark conversations

that are less about brand Imperial Bank

but more about people’s passion.

Ide

ntify

Sp

ort

Ma

rke

tin

g O

pp

ort

un

itie

s

•Analyze organization.

•Analyze market and consumers.

•Analyze competitors.

De

ve

lop

a S

po

rt M

ark

etin

g S

tra

teg

y

•Policies.

•Programs.

•Budget.

Pla

n t

he

Sp

ort

s M

ark

etin

g M

ix.

•Place.

•Sponsorship.

Imp

lem

en

t a

nd

Co

ntr

ol.

Process.

•Sport Marketing Ethics.

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REWARD THE FAN’S LOYALTY

The key conversation idea…

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Campaign

highlights

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Different Different

conversations

taking place

all the time…

Social Media

24Corporate Communications & New Media Relations

Workshop

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Internet By Demographics

• More males

access the

internet than

females.

• Younger age

groups , 18-44

use the

internet more

than the other

age groups.

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49% 49%

37%

31% 31%28%

6.5

6

5

3.1

3.83.6

2

3

4

5

6

7

20%

30%

40%

50%

60%

Internet Users Hours Spent

31% 31%28%

11% 9% 8% 7%

3%

1.4 1.31

1.5

0.4

0

1

0%

10%

Social media sites are the most frequently

visited, with Facebook having the

highest membershipData Source: TNS Digital life

Page 27: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni
Page 28: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

Social media is about creating

emotional connections…Focus on the

needs of the

consumer

Driven by users, not ,marketers or brand experts

Listening , engaging and delivering real value

17 July 2014 28

Develop TrustListening , engaging and delivering real value

Humanize

the brandSM is a virtual face-to-face conversation

Page 29: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

The future belongs to those who make

an emotional connection The Attraction Economy, Lovemarks Academy

A presentation by Muthoni WachiraHead of Marketing & Communications – Imperial Bank

Page 30: The Attraction Economy, Lovemarks Academymsk.co.ke/wp-content/uploads/2017/11/Using-Sports-Marketing-To-Buil… · The Attraction Economy, Lovemarks Academy A presentation by Muthoni

Thank you