NHL Strikes Deal With GoPro Cameras Cadillac To Title PGA Tour Match Play Event Orioles See Big Spike In Merchandise Sales Marketplace Roundup Humama Opts Out Of PGA Tour Event Kraft Expands NHL Deal To Include U.S. Stewart: Sponsors Have Stuck By Our Side Adidas Struggling In U.S. Market Westbrook's New Line Tests Fashion Boundaries Sales Of Devon Still Jerseys Nearing 10,000
Upcoming Conferences and Events
SBD/June 24, 2013/Marketing and Sponsorship
Federer Stars In New Ads For Wilson Tennis, Nike As His Brand Continues To Grow
Published June 24, 2013
STAYING POWER: The ECONOMIC TIMES' Shakya Mitra writes it is Federer's "off-court persona as well [as] his elegant disposition and stylish play that endear him to audiences the world over." This has made him "as much of a star as he is a champion, which is rare." Much of Federer's "enormous stature as a marketing brand comes from his image as an athlete who has remained scandal-free." His marriage to Mirka Vavrinec has been "a largely untroubled one." This, along with the "aura, elegance and his serve-and-volley game, has helped Federer become a global brand that's a marketer's dream." Federer's earnings both on and off court last year were $71.5M (all figures U.S.), "second only to Tiger Woods among sportpersons." As much as 90% of the earnings -- $65M -- "have come from endorsements." His 10-year, $100M deal with Nike is "the biggest single deal in the history of tennis." Apart from other deals with the likes of Credit Suisse, his "endorsements with Rolex and Gillette have made him a prominent feature on Indian television." The Federer brand is "stronger than ever before." While he "may not be the dominant powerhouse he once was, whatever he is getting through his endorsements is a reflection of his achievements" (ECONOMIC TIMES, 6/24).
MARKING THE START: MARKETING magazine's Alex Brownsell notes a "host of brands including Gillette, Evian, Nescafe, Rolex and Lidl have rolled out print ad campaigns" to mark the start of Wimbledon. Rolex, an official Wimbledon partner, has "launched a full-page print ad with a large image of the All-England tennis courts, accompanied by the text, 'Rolex and Wimbledon. United by the pinnacle of excellence.'" Wine brand Jacob's Creek uses its ad campaign "to promote a Wimbledon ticket competition." Procter & Gamble-owned Gillette promotes its association with Federer, while Unilever's Elmlea brand "uses a tennis pun -- 'Singles or doubles?' -- alongside its products pictured in front of a tennis net." Evian's Wimbledon print activity features Maria Sharapova in an ad "placed alongside another featuring an Evian 'baby'" (MARKETINGMAGAZINE.co.uk, 6/24).