Menu
world cup

Western Companies Steering Clear Of WC Advertisements

Western companies are wary of brand transference as the result of associating with FIFA, Russia.GETTY IMAGES

The World Cup is "undoubtedly one of the world's most-watched sporting events, comparable only to the Olympics in terms of global audience," according to Andrew Hughes of the London INDEPENDENT. And yet this year's tournament "has so far felt somewhat subdued from a marketing and advertising standpoint." Though the big brands like Nike, adidas and Visa have all launched their World Cup ads, there have been "just a few viral campaigns on social media." And "on the guerrilla marketing front in Australia," there has "only been a clever Caltex campaign following the inclusion of veteran Tim Cahill in the Socceroos team." This "low commercial visibility" is supported by FIFA's facts: "while the two top tiers of sponsorships for the 2018 World Cup were nearly all filled, the third tier (regional partnerships) still has openings that are likely to remain unsold." Only in mid-June did FIFA secure its first African third-tier sponsor. Altogether, "just 20 of the 34 commercial spots for the World Cup have been sold." This will "undoubtedly" cost FIFA "hundreds of million of dollars in lost revenue." So, why is this World Cup not experiencing "a commercial bonanza?" The "reason is simple: brand transference." This marketing theory "asserts that a consumer's knowledge or feeling around a brand -- be it a place, person or product -- will transfer to the brand" with which it is linked in an advertisement or marketing campaign. In this case, it is the connection with tainted "brands" such as Russia and FIFA "that has some Western companies cautious ahead of the World Cup" (INDEPENDENT, 6/18).

SBJ Morning Buzzcast: April 24, 2024

Bears set to tell their story; WNBA teams seeing box-office surge; Orlando gets green light on $500M mixed-use plan

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2018/06/19/World-Cup/Western-Advertisers.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2018/06/19/World-Cup/Western-Advertisers.aspx

CLOSE