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Car Sponsorships, Why isn't there more big sponsors?
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10/10/07, 10:43 PM |
#21
Re: Car Sponsorships, Why isn't there more big sponsors?
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Bill Gardner
bill@indianaopenwheel.com |
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10/10/07, 11:00 PM |
#22
Re: Car Sponsorships, Why isn't there more big sponsors?
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I know a ton of work goes into getting these cars ready to race each and every time... Or at least it should be alot of work to maintain a quality maintenance program on all the cars. With that said... To run the amount of nights the teams run... something has to give. I think that is the catch... Stay over and wait on fans?.?. or get home, get some rest, whatever that means... :emote20: and get the car ready to compete for next night. Does this have much to do with sponsors... probably not as much some people might think. More to do with the relationship fans have with race teams and drivers. There are so many issues about obtaining quality sponsorship that you could go on and on.
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Bill Gardner
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10/12/07, 1:59 PM |
#23
Re: Car Sponsorships, Why isn't there more big sponsors?
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Lots of good info in this thread.
I'm not an expert on sponsorship, but my current employer receives a fair number of sponsorship proposals each year and I get a chance to see or hear about most of them. I wanted to add a few comments. I can tell you that right off the bat, the ones that simply offer decals on the car are pretty much disregarded, regardless of the driver or dollars involved (unless there is already some personal connection). Ditto for anything that doesn't appear to be professionally produced and tailored to our business (generic stats about the loyalty of race fans doesn't cut it). As others have said, teams need to make an effort to understand a potential sponsor's business and needs, and offer creative ways to deliver value to that sponsor (and that doesn't always mean simply selling more products). For example, in our business, many of our products are very expensive and purchased primarily by other businesses. The people that use these products on a day-to-day basis may have a decent percentage of race fans among them, but the people running the businesses (and making the purchasing decisions) seem to enjoy other things like golf, NFL football, other major league sports, etc. The ones that do enjoy racing prefer higher-profile events like the Indy 500, NASCAR Cup and Busch races, etc. One of the reasons they enjoy these higher-profile events is because they often provide better (nicer) entertainment opportunities (suites, hospitality, etc.). And we do spend a lot of money to entertain customers. However, we just spent a decent amount to sponsor a front-running top fuel team at the NHRA US Nationals. We didn't entertain any customers, didn't get a suite, and having our logo shown on national TV wasn't really even a factor (since our territory is Indiana only). This team figured out that we have a big need for diesel and heavy equipment technicians, and they put together a proposal to use the sponsorship of their team to help us with our recruiting efforts. They arranged for booth space in the midway, our employees manned the booth and the area by the team hauler, and the team helped us collect and compile the names and contact info of several hundred potential future employees. They identified a need and put together a creative solution. I wouldn't say that writing the check was a total no-brainer, but having a specific, measurable outcome was a huge plus. It's often said that in order to maximize the benefit of a sponsorship, a company has to be willing to spend 2-3 times the original sponsorship dollars to promote it. So unless they have a sophisticated marketing organization with experience in this, don't leave it up to them to figure out ways to promote it. Make it easy for them, and understand that actually racing the car is only part of it. There's a lot more work you're going to need to do. Obviously, every business is going to be different, and what works for one might not work for another. But that's the point. Making a race car go fast is hard work, but finding good sponsorship is probably going to take as much if not more effort. Again, this is just my perspective from where I happen to sit, but maybe some of this info will help someone. If I had to sum it up in one sentence I'd say "think outside the box". |
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10/12/07, 3:23 PM |
#24
Re: Car Sponsorships, Why isn't there more big sponsors?
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Instead of coming up with ways to attrack BIG sponsors, the question should be why doesn't the purses keep up with the rising cost of racing. The purses need to be ALOT more than they are now. JMO
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10/12/07, 3:35 PM |
#25
Re: Car Sponsorships, Why isn't there more big sponsors?
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Senior Member
Join Date: Jul 2007 Posts: 2,136 |
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Uh... I think most around here have kind of known that for awhile now. Tell me how you propose doing that, taking all things into consideration. It's an easy question, with a very difficult answer. |
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10/12/07, 8:24 PM |
#26
Re: Car Sponsorships, Why isn't there more big sponsors?
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Senior Member
Race Count This Year: 6 Race Count Last Year: 14 Join Date: Jul 2007 Posts: 21,732 |
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The whole purpose of the thread was for sponsors to see potential benifits in this sport and the ways teams can go about it. The poster a few post back made a good point, That the actual sponsorship of the car is the small investement in some cases. Suite rental and wooing their buisness interest adds to this. There are tons of companies that rent suites for the year at Great American Ballpark, RCA field, Paul Brown Stadium and for the most part. Most of that isn't even for the Buisness that is renting but to TREAT others. Chuck
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Charles Nungester
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10/12/07, 8:47 PM |
#27
Re: Car Sponsorships, Why isn't there more big sponsors?
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With no TV Coverage to help out. If we could get more LIVE races on the Internet like what race/network has planned for the Western World
https://www.indianaopenwheel.com/showthread.php?t=1365 Maybe that could help out race teams in the way of trying to get sponsorship ?? I know that race tracks even need sponsorship and when they can get sponsorship it leads to higher purses, bigger car counts , more fans. So I hope more tracks go to this new world of LIVE Internet video broadcasts. I believe it will help out both drivers, car owners and tracks. |
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10/13/07, 12:53 PM |
#28
Re: Car Sponsorships, Why isn't there more big sponsors?
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Senior Member
Join Date: Jul 2007 Posts: 8,029 |
It is all about who you know................
Here is a press release about a new big $$ sponsorship: Armor All Goes All In With Tony Stewart Car Care Pioneer Aligns with Racing Champion in Season-Opening NASCAR Nationwide Series Race at Daytona and World of Outlaws Sprint Series in 2008 CONCORD, N.C. (Oct. 12, 2007) – Armor All will sponsor two-time NASCAR NEXTEL Cup Series champion Tony Stewart in the 2008 season-opening NASCAR Nationwide Series race at Daytona (Fla.) International Speedway and Tony Stewart Racing (TSR) driver Donny Schatz in the 2008 World of Outlaws Sprint Series. Armor All has aligned with Stewart to promote its innovative line of interior and exterior car care appearance products, with its NASCAR race at Daytona and World of Outlaws sponsorships augmenting an ad campaign that will launch in spring 2008. The advertising campaign will feature Stewart in both television and print ads. It marks the first time Armor All has used a race car driver in its advertising. Stewart is also being featured on the package of Armor All’s Holiday Gift Pack, which will be in stores nationwide beginning in November. “We are thrilled to be working with a racing icon like Tony Stewart,” said Augie DeLuca, marketing director for the Armor All/STP Products Company. “Tony is a great fit for our brand. He’s a car guy who knows what it takes to keep his car looking great inside and out. And he knows a few things about winning, too. It’s a coup for Armor All to be on Tony’s legendary No. 20 car.” Stewart will race his signature No. 20 at Daytona for Joe Gibbs Racing. Stewart won the kickoff event to what is currently known as the NASCAR Busch Series in back-to-back seasons in 2005 and 2006 while driving for Kevin Harvick Inc. With that Feb. 16 race serving as Stewart’s debut as an Armor All spokesman, his open-wheel racing team will carry the familiar orange, black and yellow colors of Armor All for the entire 2008 World of Outlaws season. TSR, winners of the 2001 World of Outlaws title, will have the reigning World of Outlaws champion and two-time Knoxville (Iowa) Nationals winner Schatz behind the wheel of the No. 15 Armor All winged sprint car. Schatz will compete alongside the No. 20 Bass Pro Shops/Chevrolet machine currently fielded by TSR. “It’s an honor to represent Armor All,” said Stewart, who before coming to NASCAR was the 1997 IRL IndyCar Series champion and a four-time USAC champion. “People who know cars know Armor All. I’ve been using their products on my street cars for years, but I’ve been using them on my race cars even longer. “We use Armor All products all over the bodies of our sprint cars because it helps keep the dirt off the cars. The less dirt gets on the car, the less it weighs and the faster you go. We use Armor All for competitive reasons in racing, and I guess you could say I use Armor All for competitive reasons on my street cars too, because I want to make sure my car is the best looking car on the block.” Also included in Armor All’s agreement with Stewart is a $50,000 donation to the Tony Stewart Foundation. The Foundation supports groups that care for chronically ill children, drivers injured in motorsports activities and charitable outfits specializing in the protection of various animal species. Charities actively supported by the Foundation include, but are not limited to, the Ronald McDonald House, the Make-A-Wish Foundation, the Indiana Special Olympics, Greyrescue (Greyhound Rescue Organization) and the Victory Junction Gang Camp. About Armor All The Armor All/STP Products Company is a subsidiary of The Clorox Company, headquartered in Oakland, Calif. Clorox is a leading manufacturer and marketer of consumer products with fiscal year 2007 revenues of $4.8 billion. With 7,600 employees worldwide, the company manufactures products in two dozen countries and markets them in more than 100 countries. For more information about Clorox, visit www.TheCloroxCompany.com. For more information on Armor All, go to www.armorall.com or aa-ownercenter.com. |
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10/13/07, 1:42 PM |
#29
Re: Car Sponsorships, Why isn't there more big sponsors?
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Administrator
Join Date: Jul 2007 Posts: 4,077 |
Chuck... I don't think that was meant as an attack... A word spelled wrong maybe... but we're all guilty of that from time to time.
Attract... OR attack. :emote20::wink1:
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Bill Gardner
bill@indianaopenwheel.com |
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10/13/07, 1:48 PM |
#30
Re: Car Sponsorships, Why isn't there more big sponsors?
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Senior Member
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