Some companies sponsor sports as a way to advertise themselves. Some people think that it is a good , while other think there are disadvantages to this .write pros and cons and your opinion

Top class

brands

tend to sponsor sporting events because to showcase their

product

and services.Some people consider

this

as a brilliant idea,

However

,others are of the opinion that

this

has several disadvantages. I strongly believe that

this

is not an outstanding strategy and platform to promote their

brands

because advertising

this

on mega sports events increases

brands

value and

this

will lead to an upsurge in the

price

of the

product

and services of that company.

Similarly

,when people start to trust the

brand

the quality of their

product

can plunge and its benefits. On the one hand,

first

and foremost of advertisements in ,

,

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show examples

cricket can boost the

brand

image of that organization because most of the individuals who watch

this

mega event tend to build trust in them and

starts

Add the particle

tostarts

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purchase their products.

For Example

,In 2020 Dream 11 an Indian online platform hosted the Indian premier league,

thereafter

those millions registered to that site.

Secondly

,It can

also

boost sales and will definitely

increase

the share value of that company.

Thus

corporate companies are benefitted from

this

.

On the other hand

,When the popularity of a certain

brand

increases

then

the

price

of the

product

might

increase

and

this

will affect a middle-class person where these individuals cannot afford to buy

this

kind of

brands

.

For instance

,Adidas was a start-up in 1980 but when they have sponsored a tennis event in New York city its

brand

value went up and the

price

of those

brand

products was

also

at

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high. Another disadvantage is, the quality of the

product

can be decreased due to bulk supply to customers as an

increase

of sales.

Therefore

,it is obvious that customers are facing more issues in

this

kind of scenarios. In conclusion,

Although

these

brands

can improve their image and sales, their disadvantages are on the higher side and I agree with the fact that these kinds of promotion can drive poor quality products and

increase

the

price

of their

brands

.