ESG: No Longer A Fad, But A Fundamental Shift ML60/24 | Page 87

through digital campaigns , and supporting environmental initiatives . By doing so , they not only contribute to a vital cause but also resonate with a growing audience of environmentally conscious consumers .
Leveraging Parisian Heritage and Culture
Paris , often dubbed the City of Light , offers a rich cultural and historical backdrop that will be central to the marketing efforts . The iconic landmarks , such as the Eiffel Tower , the Louvre , and the Champs-Élysées , will serve as stunning visuals in marketing campaigns . The blend of modern sporting excellence with the timeless elegance of Parisian culture provides a unique storytelling opportunity for brands .
In a significant break from the past , the opening ceremony , also known as The Parade of Nations is scheduled to be held on the Seine River which sits smack in the middle of Paris .
Expect to see marketing campaigns that celebrate the fusion of sports and culture , showcasing how the Olympics transcend mere competition . This could include culinary experiences , art exhibitions , and fashion collaborations that highlight the city ' s vibrant heritage . Such initiatives not only attract a broader audience but also create a multifaceted Olympic experience that goes beyond the stadiums .
Ambush Marketing
Ambush marketing , also known as “ guerrilla marketing ,” involves brands associating themselves with an event without paying for official sponsorship rights . While not always illegal , it often skirts ethical lines , creating challenges for official sponsors and event organizers .
The term coined during the 1984 Los Angeles Olympics , has evolved significantly over the years . Initially , it involved companies like Kodak buying TV ad space to promote their brand alongside the Olympics , creating the illusion of official sponsorship . Today , ambush marketing is a sophisticated and subtle practice that employs social media , influencer partnerships , and creative advertising campaigns to associate itself with the event .
In the lead-up to the 2012 London Olympics , Beats by Dre executed a masterful ambush marketing campaign . The company distributed special edition headphones to high-profile athletes , who were then seen wearing them during televised events . This subtle product placement allowed Beats to associate itself with the Olympics without being an official sponsor . The campaign was a resounding success , driving consumer interest and sales for the Beats brand .
On the flipside , in the lead-up to the 2016 Rio Olympics , Pepsi launched a global marketing campaign featuring the tagline " Pepsi Generations ." The campaign aimed to capitalize on the Olympic excitement by featuring nostalgic imagery and references to past Olympic moments . However , Pepsi ' s efforts were quickly shut down by the International Olympic Committee ( IOC ), which accused the brand of unauthorized use of Olympic intellectual property . Pepsi was forced to pull the campaign , and the incident served as a stark reminder of the legal risks associated with ambush marketing .
Ambush marketing will continue to be a contentious yet fascinating aspect of sports marketing during the Olympics . While it presents challenges for official sponsors and organizers , it also showcases the ingenuity of marketers in finding ways to align with one of the world ’ s most prestigious events .
Athletes as Brand Ambassadors
Athletes have always been at the heart of Olympic marketing , and Paris 2024 will be no exception . However , the role of athletes as brand ambassadors is evolving . With the rise of social media , athletes now have direct access to their fans , making them powerful influencers . Brands are expected to capitalize on this by forming deeper , more personal partnerships with athletes .
These collaborations will likely extend beyond traditional endorsements to include co-created content , social media takeovers , and exclusive behind-the-scenes access . This not only humanizes the athletes but also allows brands to connect with audiences on a more personal level .
Marketing efforts will spotlight grassroots programs that nurture young talent . By supporting local sports academies and community training programs , brands can demonstrate their commitment to the development of future Olympians . A brand like Nike could highlight its partnerships with Kenyan running camps , featuring young athletes ' stories as they prepare for their Olympic dreams .
Brands must align their values and messaging with the values of the event , creating a meaningful connection with the audience . Coca-Cola ' s # ThatsGold campaign during the 2016 Rio Olympics is a prime example of this . By celebrating life ' s big and small " gold moments ," the brand created a campaign that resonated with fans worldwide , generating over 30 million video views and an 88 % accuracy rate for targeting teens .
To succeed in the competitive landscape of sports marketing at the Olympics , brands need to craft unique and authentic stories that go beyond traditional advertising . Long-term relationships with fans require a well-crafted strategy that resonates with the ethos of the Games and addresses public concerns through meaningful action . By championing causes and initiatives that align with the values of the event , brands can enhance their image and relevance among consumers , creating a lasting impact that extends far beyond the event itself .
The 2024 Paris Olympics are set to redefine sports marketing through digital innovation , a strong emphasis on sustainability , a celebration of diversity , and the integration of local culture . Brands that successfully leverage these elements will not only capture the spirit of the Games but also create lasting connections with audiences worldwide . As we look forward to this spectacular event , it ' s clear that the future of sports marketing is bright , dynamic , and full of possibilities .
Richard Wanjohi works at the @ iLab Africa Research and Innovation Centre / Strathmore University . You can commune with him vial mail at : RWanjohi @ gmail . com or on X @ rwanjohi .