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Global Marketing Summit April 21, 2015 2
• Unaided Brand Awareness had been flat over past 3 years
• Divisional Marketing Investment – Flat for 5 years
• Under-investment resulted in weak SOV, impacting unaided awareness levels and limiting our ability to grow market share
• The economic climate and timing within the sport of Futbol presented the opportunity to sponsor two major Mexican futbol clubs
• The financial environment had seen some competitors, (Santander, HSBC) reduce their futbol sponsorship in Latin America
Marketing Landscape 2012
Global Marketing Summit April 21, 2015 3
Market Share
Media Share
Bancomer BBVA
27% 14%
Banamex 17% 19%
Banorte 16% 22%
Scotiabank 6% 16%
Market Share
Media Share
Santander 19% 11%
Banco de Chile
18% 19%
Banco Estado 14% 10%
BCI 13% 10%
Scotiabank 5% 8%
• Our awareness scores are much lower than Canada where marketing efforts focus on driving consideration, affinity and choice/purchase
• We have a smaller distribution network and media share of voice.
• In high growth International markets building brand awareness and engaging with consumers is a top priority
Mexico Chile
Market & Media Share
Global Marketing Summit April 21, 2015 4
• Our global three-pronged strategic marketing approach is; relevant sponsorships, unique partnerships and innovative use of media.
• Sponsorship’s marketing difference is its ability to establish both brand relevance and a deep emotional engagement with customers and prospects.
• Sponsorship can provide unique and at times, exclusive media/advertising opportunities
• Our multi-tiered consumer engagement strategy maximizes the assets and helps differentiate us.
Why Sponsorship?
Global Marketing Summit April 21, 2015 5
Products, services & rewards
Community activation
Media activation
Property rights
TangibleBenefits
• Provides access to engaged fans;• Events and experiences;• Delivers legitamacy & credibility.
EngageFans
Consumer Engagement Strategy
• Paid & Earned;• Extends reach;• Builds awareness.
• Deliver tangible benefits to fans, kids/families;
• Solidify emotional engagement;• Awareness & propensity lift.
• Category relevant prod./serv./offers;• Financial benefits;• Drive x-sell & customer acquistion.
Support all segments
• Marketing;
• Advertising;
• Community programs;
• Business operations.
1.
2.
3.
4.
Required Investment
Global Marketing Summit April 21, 2015 6
Why Futbol? - Emotional Reach Potential
• The passion for sports is fundamentally emotional – and futbol brings it out as well, if not better, than any other game
• 65% of fans have more positive opinions of sponsors over other brands (71% if sponsor is active in the community)
• The national sport of Mexico and Chile. 80 million Mexicans and 15 million Chileans are fans of the sport (30% are avid fans)
• Every game, at any level, is surrounded with emotion. The goal is to bring the emotion of the game into the brand
Global Marketing Summit April 21, 2015 7
How Did We Start?
• Three Factors: Timing - suitable properties in Mexico Exclusivity - and access to community eventsCost - The Right Price
• We cannot match or outspend our competitors. The properties in Mexico enabled the Bank to take a small but specific foothold in the sector.
• We had the learning and best practices from Canada
• We took the Hockey Strategy and applied it to Futbol
Global Marketing Summit April 21, 2015 8
December 2014 Announce CONCACAF Partnership
Timeline
Sept. – Dec. 2012
Proposal to Executive on Futbol
January 2013
Launched in Mexico
September 2013 Proposal to Executive on Chile
January 2014 Launched in Chile
June 2014 Launched Campeonato Infantil
Global Marketing Summit April 21, 2015 9
• Naming Rights drove greater affinity
• We had seen success with community programs- Copa Chivas- Torneo de Escuelas de Cruz Azul- Campeonato Infantil- Scotiabank Futbol Club
• A digital/social media strategy was the driving force for connecting and engaging with fans
• Activation as always was key
• A creative platform to position our futbol strategy regionally.
From Mexico & Chile to CONCACAF
Global Marketing Summit April 21, 2015 10
Title sponsor for 3 ½ editions, Jan. 2015 – May 2018..
Primary Sponsor for 2015 & 2017 editions
Enables leverage of pass through rights to drive business benefits
Primary Sponsor Copa Centroamericana 2016 & 2018 editions
Title Sponsor for the Caribbean Nations Cup 2016 & 2018 editions
Title sponsor to a new and unique kid’s club championship
Other CONCACAF Events
Primary Sponsor Olympic Men’s & Women’s Qualifiers, CONCACAF U-20, U-17 & U15 Tournaments, Futsal and Beach Soccer.
PaymentCategory
Property Portfolio
CONCACAF Kid’s Champions League
Global Marketing Summit April 21, 2015 11
Community / Validity – delivering local benefits
TangibleBenefits
Consumer engagement strategy
Credibility / Access - at elite level across Mexico, Central America & Caribbean
Reach / Awareness - through dedicated mass & social media
Products/Rewards – drive increased business with relevant products
EngageFans
Consumer Finance
Kid’s CONCACAF Champions League