07.07.2016 Views

4IpaUJbnm

4IpaUJbnm

4IpaUJbnm

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

2014). This worked to increase awareness in participants and attendees alike, as well as<br />

enhance the brand by creating a strong association with the games (See Exhibit 5).<br />

Exhibit 5. Ambush marketing.<br />

The 2008 Beijing Olympics demonstrated a clear representation of how ambush marketing<br />

is often more aggressive and effective at reaching the consumer and creating a lasting<br />

impression than official sponsors (Pitt, Parent, Berthon & Styen, 2010). What has been<br />

coined as the “Li Ning Effect” shows how effective ambush marketing can be, with the Li<br />

Ning brand incorrectly identified as the sponsor by 67.4% of participants. This effect<br />

describes the outcome where a brand ambushes a sponsoring competitor, resulting in<br />

higher sponsorship recognition than the official sponsor (Pitt, Parent, Berthon & Styen,<br />

2010). This increases awareness, market penetration and minimizes financial risk due to the<br />

lack of initial investment ambush marketers face versus the millions of dollars sponsors pay.<br />

144

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!