Why are startups betting big on sports marketing?

India has two great loves - sports and Bollywood. It is a language that unites the entire country and makes such a diverse nation run through a unified feeling. The Indian sports industry is a very relatable platform for interactions, often having the capability to drive a message globally. It is no surprise, thus, that marketing through sports events is increasingly becoming popular today.

To put it clearly, imagine the billboards that you would see while driving down the highway. Go back about 30-40 years and you will hear stories about how actors like Amitabh Bachchan and Dharmendra ruled the hoardings, advertising across brands, banking on an average Indian’s adulation for Bollywood. Cut to the

Month In Focus

Like moths to a flame: the power of the field

The sporting ground is like a temple which can attract millions of followers, helping in the desired outcome. It is the best space for start-ups to advertise, because they get a wide visibility at an affordable price.

Startups are under severe pressure to scale, build brand awareness and drive profitability. To achieve this, it becomes very important to be visible in large-scale events that are sure to attract millions. TV and print ads do not guarantee optimum viewership always. With sporting events, punctuating breaks with your brand logo assures visibility. Sporting events simplify these and establish connect and engage with such a large audience. Be it IPLs, Kabbadi tournaments or football matches - these events draw in millions into a pool that brands may tap, create a recall, and ultimately lead to conversion.

In today’s era, sports marketing serves a variety of opportunities. Fans are enjoying matches – in the stadium, on their television sets, and now more so on-demand on their mobile handsets. Each new format has broadened the marketer’s basket.

Think long term

With celebrated sportspeople endorsing established brands to start ups across various business lines, ranging from steel, BFSI, automobiles, etc., their potential in the marketing scenario has become immense. A new and promising athlete or sports personality endorsing a startup means tapping a newer audience and also giving way to new product lines in newer geographies.

Pandemic or not, the show must go on

The sports marketing game is always evolving. A marketing manager never disrupts but engages with potential customers. So, while the mode of engagement has changed, the core remains the same.

In fact, the platforms for conversations have evolved now. Instead of pushing out advertisements, we have an opportunity to talk directly with a sports fan. Also, with athletes so active on social media, the interaction has become so much more authentic. The ground is ripe for sports marketing now. Companies, especially startups, who go about it the right way will be in a position to become leaders in their respective industries, driving engagements to conversions, and creating an indelible mark with innovative marketing disruptions.

Note to readers: Storyboard18’s new Month In Focus initiative spotlights themes and topics that are pushing marketers to reshape and rethink how brands interact with today’s customers. Our first theme is Just Sports, a special spotlight on sports marketing presented by Sports18. We bring to you stories of how marketers are harnessing the power of technology, innovation and creativity in sports to create powerful storytelling in campaigns that increase affinity and loyalty with audiences. From traditional sports platforms around cricket to emerging games and the rise of esports, we get leading voices from the marketing and sports worlds to give us sharp and fast insights into future-facing marketing practices. Also, tune in for analyses which will surface ideas and strategies that are helping brands to level up experiences and storytelling with authentic collaborations. So watch this space for Just Sports.