The Lefton Report: Locking up Longhorns A title sponsor with absorbency Bruin Sports hires Abrutyn from IMG NASCAR asks $1B, 10 years Wheaties strikes PBA League deal Financing to aid Mission’s marketing Subway switches race teams with Edwards Schneider in spotlight at Vegas arena The Lefton Report: NFL to split autos? Learfield to merge licensing firms
Upcoming Conferences and Events
SBJ/Feb. 7-13, 2011/Marketing and Sponsorship
Dale Jr. hands off online sales to NASCAR.com
Published February 7, 2011, Page 5
|Earnhardt Jr. reportedly accounts for as much as a third of all NASCAR merchandise sales.|
GSI will handle ordering, billing, fulfillment and product tracking for JR Motorsports. Visitors to JR Motorsports, JR Nation, Dale Jr. and NASCAR websites all will be funneled to the same online store featuring the same merchandise.
JR Motorsports’ decision to shift its e-commerce business to GSI comes as NASCAR begins its first season with the new NASCAR Teams Licensing Trust, a centralized operation that negotiates with merchandise companies on behalf of all NASCAR teams. Previously, teams negotiated individually with merchandise companies.
Though the trust is representing teams in licensing negotiations, most teams still manage their own e-commerce business. JR Motorsports, Turner and GSI executives hope their new agreement acts as a catalyst to spur other teams to turn over e-commerce operations to NASCAR.com. By doing so, they believe teams could direct more visitors into online stores through promotions on NASCAR.com and direct e-mails to NASCAR fans. They also believe GSI and teams would enjoy more buying power with licensees, which would improve sales margins.