The Meaning of Sponsoring : A study on the motives behind sponsoring a sports team and the following effects on brand awareness.
Background: Sponsoring is a topic that has always been present but in different forms. Recently however, it has become even more popular and companies today invest small fortunes on becoming sponsors of different events, individuals and teams. However, there is still not much research done within this field, hence we find it interesting to investigate further.
Purpose:The purpose of this thesis is to investigate, from a strategic marketing perspective, what a sponsoring organization wants to accomplish by sponsoring a sports team and how it affects brand awareness.
Method: In order to solve our purpose, we have conducted a case study concerning HV71 and four of their sponsors, to understand why they have become sponsors, and also to test whether this sponsorship affects brand awareness amongst viewers. This information was gathered by collecting qualitative data to be able to understand the motives behind sponsoring, as well as quantitative data where the aim was to test brand awareness and its affection. The qualitative data was gathered by conducting interviews with four different sponsoring organizations; Kinnarps, Säkra Försäkringar, Elmia and M-Clean Papertech, while the quantitative data was gathered by the use of questionnaires which were handed out to viewers at three different occasions.
Conclusion: This thesis shows that there is a common denominator in why to engage in sponsorship within sports amongst the sponsors of HV71 namely, the need for media exposure and getting the brand name out in the market. By possessing various sponsorship rights, varying results of brand exposure and awareness can be achieved. In strategic marketing sponsoring aims at a more long term increase in Brand Awareness.
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