Professional Niche Sport Sponsorship This study investigates the goals and criteria involved in niche #sport #sponsorships. Niche sports, by definition, have a smaller audience than mainstream sports. The study surveyed 352 #sports #sponsorship decision-makers and received usable responses from 89 specifically focused on niche sports. The research identified five key objectives that sponsors aim to achieve: increasing awareness of their target market, boosting sales and market share, enhancing their public image, and becoming more involved in the community. Interestingly, the study also found that different companies prioritize these goals differently. Some sponsors care more about name recognition, while others are more concerned with reaching specific demographics within the niche sport's audience. The key takeaway for niche sports organizations is to (understand their fanbase and how it aligns with the target market of potential sponsors). Also, they should be adaptable in helping sponsors achieve their objectives and emphasize how sponsorships can raise brand awareness and sales.
Thank you for sharing!
Director RBL AC
6moThanks for sharing. I’ll be sure to give it a read.