Finanskrisen och Sveriges Idrottssponsorer - Sport & Affärer
Finanskrisen och Sveriges Idrottssponsorer - Sport & Affärer
Finanskrisen och Sveriges Idrottssponsorer - Sport & Affärer
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Summary<br />
A financial crisis paralyzed the world in year 2008 but it’s not until now we can see what<br />
consequences it had on the society. <strong>Sport</strong> plays today a large and important role in the<br />
Swedish society and has been commercialized and professionalized the last decades.<br />
Sponsoring of sport activities has growth largely since the mid 80’s and has become a popular<br />
marketing communication. The Swedish 50 biggest sport sponsors invest approximately 1,8<br />
billion SEK in sponsoring of sports.<br />
The aim with this paper is to conduct a study on Sweden’s largest sponsors of sports to build<br />
an understanding if the financial crisis has affected them in their strategies concerning<br />
sponsoring as a tool in marketing communication. To identify who these sponsors are, we<br />
have used Sponsorworld’s Top 50 list, which annually publishes the largest sponsors of sports<br />
in Sweden.<br />
Our survey shows that sponsoring as a tool in marketing communication is well planned<br />
strategically. The most common overall, or main, goal the sponsors have with their<br />
sponsoring is to increase the brand awareness. Most companies uses different goals for every<br />
sponsor objective which strategically leads to the main goal. None of the investigated<br />
companies have strategically changed their overall goal as an effect of the financial crisis.<br />
However this paper shows that a strategic change has occurred concerned these goals for<br />
every individual sponsor object.<br />
The majority of the companies have changed their strategy in sponsoring as a result of the<br />
crisis. Several companies, mainly those who operates in industries that the crisis did hit hard<br />
against, have been reducing their investment in sponsoring of sports and also cancelling<br />
current sponsor contracts. A few companies have changed their strategy in the opposite way<br />
and increased their investment during the time of the financial crisis. They saw a competitive<br />
advantage to their competitors changing their strategy in this way. Those companies that<br />
didn’t changed their strategies claims to have long term strategic planning which does not<br />
changes during hard financial times.<br />
In order to find these answers we conducted telephone interviews sponsorship managers at the<br />
companies. We were able to collect information from 28 of the 50 companies and those were<br />
offered to be anonymous in this research and paper.