Beware Sponges Filled With Cash…And Other Lessons…

March 16, 2010 by Joe Favorito · 1 Comment 

Last year the brand of choice to fill displaced inventory on television and in stadia around the country was Spongetech. Their giant signs were splashed acroos all of MLB, their patches showed up on the NFL’s “Hard Knocks” show on Bengals jerseys, they appeared along the dasher boards at Madison Square Garden. Spongetech, and their pre-soaped sponges, appeared to be the cure-all for every team salesperson.  They helped balance budgets and create some buzz and all appeared grand.

Squeezing Til The Sponge Is Dry…

October 14, 2009 by Joe Favorito · 2 Comments 

In the 1970’s and into the 1980’s big tobacco fueled some of the most successful sports branding opportunities in history. Whether it was Phillip Morris’ support of Virginia Slims tennis or NASCAR’s Marlboro Cup, the cigarette brands created some of the most large scale and effective activation platforms in sports history. Then came all the legislation against smoking and the tobacco brands, and for the better in terms of health and social consciousness, all the spending stopped from those brands. So sports moved on, using the lessons learned in many of those activation platforms to bring in new brands who would spend, maybe not at the large numbers of tobacco, but who would continue to grow business and fill the gap. Banks and financial institutions, insurance, and technology, filled gaps with new money and new ways to reach the consumer.

Liverpool Again Shows Value Of Premium Real Estate….

September 17, 2009 by Joe Favorito · Leave a Comment 

It is perhaps the last clean piece of real estate on the sports landscape…the jerseys of the four professional teams in North America. A practice which is well accepted globally, brand advertising on the front of jerseys, still is off limits in the States with the NHL, NFL, MLB and the NBA as well as in the college ranks. Even minor league baseball and hockey have stayed away from jersey branding to date. Yet with Liverpool’s record announcement of jersey branding this week, following Manchester United’s deal with AON earlier this year, can the pro leagues here hold off much longer? The test marketing has been there now…MLS has integrated jersey sponsorship into their branding campaigns effectively, the WNBA has taken on the issue with success, the upcoming UFL season will have helmet sponsorship, and now the NFL with practice jersey signage (the value Spongetech received for being on the front of the Bengals jersey for the HBO series “Hard Knocks” in the preseason was a good testament to tasteful and effective) and the NBA (with the Nets being first in the signage pool) has followed suit. With so many teams now effectively using alternative jerseys, throwback jerseys, commemorative patches, and other new licensed product, can jersey signage be far away in the States? One thing the leagues have done, even in these challenged times, is still build a demand for that space by not letting be sold to the first bidder. The leagues are also best at protecting marks and doing the long term planning for their on-field and on-court look, so any decision will be carefully placed and effectively marketed and messaged to the consumer. Perhaps the first move will come as part of a media package when the next major TV and digital rights deal is negotiated by one of the four leagues. Perhaps it will be a mega brand which will try a buy-in all at once for an entire league, hence keeping the uniformity (no pun intended). Maybe it will be the start of a patch program which has been done effectively in tennis and golf for years. One thing is for certain, when teams look at the amount of money Liverpool pulled in for their sponsorship, the discussion has had to have been rekindled again. As brands cut back in hospitality, they need to find creative ways to support their programs through effective exposure, and at some point the virgin jersey space will become the next big option.