Funding
sports
is more and more common as a business tactic of numerous Use synonyms
brands
. Use synonyms
While
some individuals are Linking Words
skeptical
about the abovementioned approach, Change the spelling
sceptical
this
essay will highlight several reasons why the benefits outweigh the negative sides.
On the Linking Words
one
hand, sporting sponsorships certainly bring about some disadvantages. Use synonyms
First,
Linking Words
one
of the most straightforward approaches for sponsoring is to advertise on sporting Use synonyms
events
' live broadcasts. Use synonyms
However
, Linking Words
brands
might struggle Use synonyms
subsequently
Linking Words
due to
the high cost of Linking Words
this
marketing tool. Linking Words
For example
, companies are shelling out roughly $7 million for 30 seconds of ad time on the Super Bowl. With that being said, not every brand receives high turnover from Linking Words
this
practice, especially with controversial commercials that will spark public outrage. Linking Words
Secondly
, Linking Words
brands
that sponsor certain teams or prominent athletes can face backlash when scandals occur. Companies’ brand images will directly be affected which requires intensive and lengthy public relations management.
Use synonyms
On the other hand
, Linking Words
this
practice is still Linking Words
favored
by most international Change the spelling
favoured
brands
for its merits. Use synonyms
First,
for some sporting Linking Words
events
, sponsorships are crucial for the organizing and operating process. The Olympics is Use synonyms
one
of many Use synonyms
events
that receive funds from footwear Use synonyms
brands
like Nike to beverage Use synonyms
brands
, Use synonyms
such
as Linking Words
Coca
Cola to assist athletes and efficiently develop more Correct your spelling
Coca-Cola
sports
worldwide. Use synonyms
Furthermore
, sponsoring sporting Linking Words
events
Use synonyms
also
means boosting brand awareness on a mass scale, reaching various age ranges and new potential customers. Eventually, Linking Words
this
results in higher sales that in the long run, will compensate or even exceed the previous vast sum of money for advertisement.
Linking Words
To sum up
, Linking Words
while
sponsoring Linking Words
sports
still has room for discussion, I am of the opinion that collaboration between Use synonyms
sports
and corporations could offer higher mutual benefits for each other, as Use synonyms
one
receives financial aid for operations and Use synonyms
one
earns reputational advantages and a rise in sales.Use synonyms
nguye.a270