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Join Date: Sep 2002
Location: Columbus, OH
Posts: 4,060
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A sponsor's primary considerations of a contingency program are 1) Advertising/Branding and 2) Sales. There are four legs associated with these objectives: 1) The sanctioning body 2) the racer 3) the fans 4) and the sponsor itself. The sponsor is obviously going to do everything it can to leverage its own program. They interact with the fans with midway displays, promotional contests, etc. The racers display the requested contingency decals, so they do their part (in most cases... some choose to not provide sponsors with their full value in a number of ways). Some racers go the further and display additional decals on their trailer, pit vehicle, or tow vehicle, or display banners, etc. (when permitted) Promoters are the link between the sponsor and their intended audience , both racers and fans. Sponsors provide advertising dollars to the promoter and/or augments the event as a whole with product, gift certificates, or cash payments direct to the racers such as contingency programs. Ultimately, even the direct "racer benefits" are a direct aid to the promoter, as it subsidizes the purse and awards, thus attracting larger numbers through the back gate, while ticket programs and/or advertising in partnership with sponsors yields larger front gate numbers. The remaining question then is, what else can a promoter do to provide additional value to the sponsor?
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Michael Beard - NHRA/IHRA 3216 S/SS |
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#2 | |
Senior Member
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Chuck Beach 3340 STK |
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