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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.

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