From Stadium to Heart: Sports Sponsorships and Emotional Bonds
July 27, 2023
July 27, 2023
Sports sponsorships are a global phenomenon that has gained traction over time.
Every year, companies invest billions of euros to associate their name with teams, athletes, and sports competitions.
This choice is not random but is the result of a well-structured marketing strategy.
The primary reason? To create an emotional bond with fans.
Emotion as Strategy: Emotional Engagement and Brand Equity through Sponsorships
Emotions are a fundamental part of our lives. We are driven by emotions in every decision we make, including purchases.
When a brand establishes an emotional connection with its customers, it can expect more enduring loyalty and a higher likelihood of repeated purchases.
This concept applies particularly to sports sponsorships, where emotions are always at high levels.
A perfect example of this phenomenon is the collaboration between Nike and Michael Jordan, one of the most profitable in sports history.
Jordan’s fans felt emotionally attached to him, leading to a very positive perception of Nike and solidifying its market positioning.
The Importance of Congruence between Brand and Sports Event
To create an effective emotional relationship, there must be congruence between the company and the sponsored sports event or athlete.
This means that the company image should reflect the characteristics of the event or athlete: energy, determination, team spirit, ambition, etc.
The example of Red Bull’s sponsorship in numerous extreme sports highlights the importance of this consistency.
The brand chose to associate itself with audacious and adrenaline-pumping sports that reflect the energetic and adventurous image that Red Bull itself wants to convey.
This correspondence has allowed the brand to generate a strong emotional bond with its target audience.
Using Narration to Boost Emotional Engagement
Narration is a powerful tool to emotionally engage fans.
Through exciting and authentic stories, companies build deeper relationships with their audience.
Adidas, for example, effectively utilized narration in its Impossible is Nothing campaign, which included sports testimonials like David Beckham and Muhammad Ali.
It told the stories of personal improvement and success of these athletes, establishing an emotional relationship with consumers and consolidating the brand image as a symbol of ambition and perseverance.
The Future of Sports Sponsorships
To establish a lasting emotional bond with the audience, companies must not limit themselves to displaying their logo during sports events: they must leverage the energy and emotions of sports to convey their values and story.
With the advent of technology and social media, opportunities to establish this type of connection are increasingly numerous.
Virtual reality and augmented reality engage fans in immersive and personalized experiences, while streaming platforms allow for the creation of engaging storytelling content.
To fully harness the potential of sports sponsorships, brands must innovate and experiment with new forms of interaction with the audience; this is how they will create lasting emotional connections leading to stronger brand loyalty and a higher ROI.
If you’d like a free consultation to discover what kind of sponsorship might suit you, contact us. We’re waiting for you!
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