Some companies sponsor sports as a way to advertise themselves. Some people think it is good while others think there are disadvantages. Write your opinion

Nowadays, there is a trend for agencies to propagandize themselves by subsidising
sports
matches. People hold contrasting views regarding whether these actions are beneficial or defective. For my part,
although
these measures may sound inappropriate, there are more arguments proving that sponsorships can lead to more advantages. On the one hand, I think the
companies
will benefit from these activities. A firm has a vital connection with its customers. In
this
sense, if a company gains wide popularity among people, it will create lucrative profits. Meanwhile, sponsoring the
sports
is a way to enhance the publicity of its brand.
For example
, firms usually support
sports
in two ways, including telecast advertisements and
team
advertisements. When the commercial advertisements are broadcast on TV, not only do locals know, but people watching the game all over the world will notice. As
such
,
team
supporters may start to buy commodities of the firms due to these firms support their favourite
team
. As a consequence, the agencies will acquire a considerable income.
On the other hand
,
companies
are facing some risks. The
first
risk would be the poor performances of the
team
they subsidise. Generally, the low achievement of a
team
may impair the buying enthusiasm of fans,
as a result
, the profits may not be as higher as they expected before.
Moreover
, being a
sports
player sometimes may commit crimes. In view of
this
, the company related to
this
player may suffer from an extreme loss of reputation and property.
However
, the
companies
can take efficient methods to mitigate loss by designing a comprehensive contract. To conclude, having examined the pros and cons of
this
development, despite some risks that may lead to the damage,
companies
can protect themselves in some ways. I believe the
companies
can earn money and increase popularity by investing in these recreational events.
Submitted by 3071334368 on

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Topic Vocabulary:
  • Sports sponsorship
  • financial support
  • athletes
  • brand visibility
  • awareness
  • commercialization
  • integrity
  • dependencies
  • corporate funds
  • unethical practices
  • strategic partnerships
  • communal relations
  • promote healthy lifestyles
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