dimanche 13 novembre 2016

Brand image and athletes sponsoring an UnderArmour mastering.




Afficher l'image d'origineUnderArmor (UA) created in 1990, has known an interesting success story competing against giants like Nike or Adidas positioning its brand as an “underdog, hungry and willing to compete against the best and win”. This company has experienced a stable growth and an impressive one during the last 23 consecutive quarters which can be a consequence of a very effective brand positioning. 

We are going to focus particularly on its Athlete sponsoring strategy linked with the brand image. We all know sports sponsoring and the race of the majors as Nike or Adidas who invest a large part of their incomes in order to contract the best athletes around the world. The German firm Adidas pays in 2004 the famous soccer player Lionel Messi 38 million euros to wear its soccer boots or Roger Federer who earned 10 million dollars with his contract with Nike in 2015. Those contracts are perceived as something current in the sport business industry and in the consumer’s mind it is only the biggest firms that may afford the image of a great name. Under Armor has created a small revolution in this domain, in fact UA focuses on the hard training and the accomplishment more than the performance and the results itself. In order to permit that it’s sponsoring strategy have an impact in confirming and increasing the brand image power, UA signs up contracts with athletes that did not yet reach the “superstardom”. Under Armor gives even more power to its brand and products since they are perceived as “responsible” of the athlete’s performance and success story. 
     Sid Jatia, Vice President Omnichannel Digital at Under Armour explained in an interview to “Marketingweek” in May 2016 that UA has a very scientific approach to predict the future performances of the contracted athletes in order to match and serve the brand image. He gives relevant examples as the contract with the golfer Jordan Spieth who was seventh in the worlds ranking and who is now fifth or the NBA player Stephen Curry who was left over by Nike and is now one of the most important on the fields.
In Europe they are the sponsor of the football team Tottenham who has also known a good evolution since the brand chose them. This intelligent use of science for sports is something very powerful UA is accomplishing.
This strategy permits a win-win relationship between the athletes who is supported in its domain by a strong company and a company which sees its brand image strengthened and empowering to the public’s eyes.


On the same topic:

Team 4: Florine Bonduelle, Shensheng Dai, Arthur Jourdan, Erin Palmeter, Joséphine Peyre
 
 

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