Posted by Dale Buss on January 10, 2013 11:12 AM
General Motors is sticking with its pledge not to advertise during this year's Super Bowl, interim CMO Alan Batey told brandchannel. But the automaker's VP of U.S. sales, service and global marketing declined to rule out an advertising kick-off of the Chevrolet brand's new tag line, "Find New Roads," during TV spots before or after the Big Game on February 3 on CBS.
And in the meantime, Batey and Chevrolet do have their own huge moment to share with the world: sponsorship of Sunday's football (as in soccer) match between the Manchester United team and Liverpool in the U.K., which Batey said would fetch a global TV audience that could be much larger than the worldwide draw for the Super Bowl.
"This platform is huge for us, and it's really only the beginning of our relationship" with Manchester United, Liverpool and the Barclays Premier League, Batey said. "It will be a huge part of creating awareness for Chevy around the world." And taking advantage of — as well as boosting — Chevy's increasingly global platform is one main reason for the new "Find New Roads" positioning, which is replacing the lackluster "Chevy Runs Deep."Continue reading...
Posted by Mark J. Miller on December 18, 2012 06:01 PM
Back in October, Miami Heat guard Dwyane Wade parted ways with Michael Jordan after serving as a spokesman for his Nike-backed Jordan Brand for a number of years. Wade, who has plenty of fans in America, was moving on to conquer a new land: China.
Only a week later, Wade confirmed rumors by announcing that he had signed with Chinese sportswear company Li-Ning. And now Li-Ning is coming right back to Wade as it's signed a deal with the Miami Heat that will find the team's branded merchandise sold at the American Airlines arena (where the billboard above can currently be spotted) and its name and logo posted on in-arena signage as well as on the team’s website and its TV broadcasts.
"The LI-NING brand represents both style and substance and is therefore a welcome addition to the Miami Heat family of partners," said Eric Woolworth, president of The Heat Group's Business Operations, in a press release. "We're eager to help introduce Li-Ning to Heat fans everywhere and we are confident their new collection of Wade merchandise will have a very broad appeal."
Li-Ning, in the middle of a three-year overhaul, is hoping the new partnership will boost its revenue and perception. The Wall Street Journal reports that the company “will record a substantial net loss for the year … as they attempt a major turnaround.”Continue reading...
Posted by Mark J. Miller on December 17, 2012 12:03 PM
All PR is good PR, right? Getting your brand name in front of as many eyeballs as possible can’t hurt, especially if the eyeballs are attached to bodies that are participating in a fun, engaging activity and so moved to purchase? Well, no.
The eyeballs of Britain have been staring down hard at Starbucks after it surfaced that that the coffee giant has paid only £8.5m ($13.8 million) in tax in the UK since entering the country 14 years ago despite having £3bn ($4.8 billion) in sales in that same time. In the last three years, the company paid exactly nothing in corporate tax in the UK. Some financial wizards at the company (or that the company consulted) figured out a way to make this a legal possibility. It involves the UK division of the company buying its coffee from the Swiss division in order to circumvent the tax charges.
Starbucks has agreed to voluntarily cough up £20m ($32.4 million) over the next two years to help make amends, but the dust-up hasn't settled yet. It's sponsoring an ice skating rink at London’s Natural History Museum, where Jessica Alba took her daughter for a spin. A big screen is pulling in Twitter messages with the hashtag of #spreadthecheer — and some wags took the opportunity to #spreadthesneer.Continue reading...
Posted by Dale Buss on December 13, 2012 01:34 PM
Mondelez International is stepping up its investments and innovation in marketing and product development. The Kraft global-snacks spinoff may have stumbled a bit since its Oct. 1st debut as a new company on the world stage. But give it time.
Today it's hosting a Mobile Futures conference (follow on Twitter at #MobileFutures), taking pitches from "SoLoMo, mobile at retail, and social TV" startups as part of its commitment, under digital strategist Bonin Bough, to invest in mobile startups.
The company aso is crowdsourcing ideas for creating a new chocolate bar "that would deliver a fresh and unique experience to the chocolate lover" through its Cadbury, Milka and other confectionery brands. "Of particular interest are cutting-edge product concepts that expand upon the special qualities that make the chocolate bar so wonderful, comforting and fun to eat," a Mondelez press release put it.Continue reading...
sports in the spotlight
Posted by Mark J. Miller on December 4, 2012 04:01 PM
Somebody at AT&T likes to see the company's logo around town. Dallas was named as the location for its new headquarters in 2008 and, since then, the telecommunications giant has put its name on the AT&T Cotton Bowl Classic and the AT&T Performing Arts Center there. Now, they are adding another local sponsorship: the AT&T Byron Nelson golf tourney, which serves as a fundraiser for both Salesmanship Club Youth and Family Centers as well as the pocketbooks of a few big-name pro golfers.
This will actually be the second PGA tournament that AT&T will sponsor, having signed on with the inaugural big-bucks National event held in the D.C. area every Fourth of July weekend since 2007. AT&T will have to wait till 2015 to get its name on Byron Nelson, though, since HP has its name there till then (and has had it there since 2003), according to PGATour.com.Continue reading...
sports in the spotlight
Posted by Mark J. Miller on November 30, 2012 10:29 AM
PepsiCo is doing everything it can to try and convince the 1.2 billion people of India that they might want to try a Pepsi. Or maybe a Mountain Dew?
The beverage giant has just signed on as the title sponsor the Indian Premier League, a major cricket tournament that will be called the Pepsi Indian Premier League for the next five years. And the naming rights only cost about $72 million, twice the amount that the previous five-year sponsor, realtor DLF, shelled out.
Nasdaq.com comments that PepsiCo “has quite a lot invested in the country with a range of snacks (Lay's and Kurkure being the flagship brands) and its usual line of beverages.” That kind of investment has the company trying to protect its place in India as local companies and others try to unseat them. As a CNBC report in the market asked this week,
While the beverage and food multinational is already a big sponsor of cricket, the IPL investment is reportedly its biggest investment in the game so far. But is the IPL association worth so much money, given that the last edition of the tournament saw viewer ratings at their lowest and given that the BCCI continues to have a volatile relationship with team owners?
India's Economic Times notes that Kurkure and Lay’s, which are the leaders of India’s snack market, are losing market share to such local snack makers as Balaji, Yellow Diamond and DFM Foods' Crax. And new competitors are likely to spring up since the salted-snack market in India has grown 25% annually.Continue reading...
brands under fire
Posted by Mark J. Miller on November 21, 2012 03:55 PM
It’s been about two and a half years since nearly 5 million barrels of crude oil was dumped into the Gulf of Mexico as the result of the Deepwater Horizon oil spill and the owners of that particular well – BP – would love it if the world would just forget about the largest accidental marine oil spill in the history of the petroleum industry.
Now a key piece has been settled with its $4.5 billion fine, the energy giant is returning to full-on “advertising (in the UK) next year with a campaign showcasing the contribution the company makes to society,” as Marketing Magazine reports. The corporate citizenship-themed push will note its cultural partnerships with the London Royal Opera House and the British Museum as well as its sponsorship of the London 2012 Summer Olympic Games.
Even while the oil was gushing into the Gulf, BP spent nearly $100 million on advertising, CNN reports, three times the amount of cash it had laid out in the same time period the previous year. BP claimed that the increase was partially due to ads it bought in the Gulf Coast region to inform people there about the recovery effort.Continue reading...
Posted by Mark J. Miller on November 15, 2012 01:04 PM
It's nice to be the world's most popular soccer team.
Footie powerhouse Manchester United, which is currently undefeated and in first place in both the English Premier League and its Champions League grouping, is starting to really flex its financial muscle to score a premium for its brand. ManU listed itself on the New York Stock Exchange back in August and it has been extremely busy in its first quarter. The team’s massive debt load dropped 18% down to $570 million, the AP reports. ManU also had a big influx of cash recently from an agreement with Comcast to broadcast all of its games in the United States over the next three seasons for $250 million, which is much better than the deal worth $80 million for three years that the team just had with Fox, which reaches fewer American homes than Comcast.
The club signed 10 new sponsorships during the quarter, according to SeekingAlpha.com. One new deal was with the largest telecommunications company in Azerbaijan, Bakcell, which will allow more than 2.5 million consumers to watch ManchesterUnitedTV there during the next three years. And if you’re looking for the team’s official soft drink in Japan, look no further than fruit and veggie drink specialist Kagome. The most notable deal, though, was a pre-IPO arrangement with General Motors, which agreed to pay $559 million to have Chevrolet’s logo grace the front of the team’s jerseys.
The team also just broke up with a sponsor, DHL, which had agreed to pay $65 million to place its logo on the team’s practice jerseys. Now its management team is eager to wring more cash from uniform supplier (home and away) Nike, which gets to push its swoosh next to jersey sponsor AON as part of a 13-year, £303m ($480.3 million) contract with ManU that ends in 2015. That’s a measly $36.9 million a year!Continue reading...