Parsons moving up as GMR’s CEO The Lefton Report: NFL goes car shopping Study: If you post, more likely to buy The Lefton Report: Changing landscape MassMutual touts youth program IMG will cut workforce by 3 percent Deal puts MLB brands on cycling gear Pepsi contest winners will be on field Summit proves fruitful for Competitor R&A refreshes British Open identity
SBJ/September 3 - 9, 2001/Marketingsponsorship
INSIDE THE DEAL
Published September 3, 2001
Pulte Homes Corp. signs sponsorship deal with theWashington Capitals.
Rick DiBella, Washington division president, Pulte Homes; Declan Bolger, senior vice president of business operations, Washington Capitals; Chris Hudgins, director of sponsorship partnerships, Washington Capitals; Kevin Morgan, vice president of ticket sales, Washington Capitals.
Rotating dasherboard sign (one of six positions), on-camera side
Two 30-second spots on radio broadcasts of all Capitals game on WTEM-AM flagship and Capitals radio network
Rights for Pulte to use Capitals logo in advertising
Opportunity for Capitals to distribute promotional materials at Pulte showcase homes
Title sponsorship of "Pulte Move of the Game" promotion, which upgrades tickets for two fans at every Capitals game
Pulte Homes Night at one game, including tickets for 150 employees
Full-page, four-color print ad in game program
Eight season tickets
The initial meeting between the two companies was arranged by Howard Bomstein, president of The Bomstein Agency, the ad agency for both Pulte and the Capitals. The two entities share an agency as well as a common target market (adults 25-54) and an area of geographic strength (northern Virginia).
Not only is this Pulte's first move into sponsorship, but it's the company's first significant nontraditional media buy in the Washington market. Pulte hopes to tap into the Capitals' base of about 12,000 season-ticket buyers, which has an average household income of $93,000, one of the highest among NHL clubs.
The deal could give Pulte a point of distinction in the competitive home-building business, but this will come only if the elements are leveraged well. Pulte would be wise to lean on its advertising agency again for help in using the rights. A good place to start would be developing a Capitals-themed promotion to get consumers to visit Pulte homes. If this deal doesn't result in a few sales, then it's a high price to pay for a night of employee entertainment.
Alan Friedman (firstname.lastname@example.org ) is the founder of Team Marketing Report.