Under Armour’s Winning Strategy: The Power of Individual Athlete Sponsorships in Sports Marketing
At SBF.Capital, we strive to keep you updated with the latest developments and strategies in the world of sports sponsorships. Today, we delve into a captivating case study that blends athletics and marketing: the sports apparel company Under Armour and their approach to individual athlete sponsorships.
Under Armour has been a strong advocate for athletic excellence since its inception in 1996. Recognizing the value that professional athletes can bring to a brand in terms of influence and visibility, Under Armour has been strategic in the selection of its brand ambassadors. In their roster, you will find a diverse array of athletes, hailing from various sports backgrounds and geographic locations, each embodying the brand’s ethos of passion, resilience, and innovation.
The company’s sponsorship strategy goes beyond simply signing endorsement deals with high-profile athletes. It involves a symbiotic relationship wherein the athletes not only represent Under Armour on global platforms but also participate actively in product development and feedback. This collaborative approach adds authenticity to the products and enhances the relationship between the brand and the athletes, ultimately benefiting consumers who trust in the athletes’ testimonies.
Among the sponsored athletes are global sports icons like Stephen Curry (NBA), Bryce Harper (MLB), and Misty Copeland (ballet), to name a few. Each of these athletes brings their unique personal narratives and on-field successes to amplify Under Armour’s brand messaging.
Stephen Curry, a three-time NBA champion, and two-time MVP, embodies the underdog story that aligns with Under Armour’s brand narrative of overcoming adversity through resilience. Bryce Harper, an outstanding baseball outfielder and batting powerhouse, epitomizes the hard work and dedication the brand values. Misty Copeland, the first African American female Principal Dancer with the prestigious American Ballet Theatre, represents breaking boundaries and striving for excellence, a spirit Under Armour continually seeks to champion.
The sponsorships also offer benefits to the athletes, offering not just financial support but also access to Under Armour’s high-performance products and technologies, marketing and promotion resources, and a platform for their voices to be amplified.
Under Armour’s approach to individual athlete sponsorships is also tailored towards its audience demographics. It takes into account gender, age, location, and sports preferences, ensuring its products and brand messaging resonates on a global scale.
Under Armour’s athlete sponsorship strategy reflects a thoughtful blend of brand values, athlete selection, and audience preferences. Through individual athlete sponsorships, Under Armour not only promotes its products but also amplifies the compelling personal narratives of the athletes, creating a connection that transcends the conventional buyer-seller relationship. This, in turn, drives brand loyalty, market share growth, and maintains Under Armour’s position as a leading brand in the sports apparel industry.