Golf Industry Central June 2010 | Page 7

AUSTRALASIA NEWS |7 Why Golf Sponsorship Is Great For Business A perspective on professional tournament sponsorship in Asia and Australia shows currently golf is the fastest growing participated sport in the World. In Asia, the growth of golf has seen a 200% increase in tournaments and an increase of prize money from USD 12 Million in 2004 to over 32 Million this year. Golf sponsorship has become the leading form of corporate branding for companies to deliver awareness campaigns into the region and open up additional markets for them to pursue their clients and build their business. Golf sponsorship allows corporate organizations to reach out to their target markets by way of international Live TV, print media campaigns and through on ground branding and hospitality for client entertainment. The uniqueness of Golf is that your clients are able to participate with world stars in the international pro-am format, which no other sport allows you to do. This has priceless value to your clients that will allow your organization to stand out from your competition. Along with this, golf is one of the “clean” sports and delivers all the images that are respected in sports and business: • Integrity • Success • Excellence • Prestige Other reasons corporations are interested in golf sponsors, is clearly defined with the demographic of golfers themselves, these would be: • Businessmen • Entrepreneurs • Highly Educated Professionals • Consumers that associate Golf with Success • Consumers with high spending power • Aspiring Middle Class • High Net worth Individuals Sponsorship of an International Golf event also provides the ability to measure your return on investment (ROI) through the following: • Global TV coverage for brand association • Media Analysis (media value of sponsorship) • Acquire new memberships • Client entertainment and post event results • Increased volume of sales (land and golf) • Customer retention • Brand loyalty • Propensity to purchase brand • Reposition or positioning of brand • Shareholders increased value • Increase Customer database • Brand Association Through sponsorship, the Asian Golf Group www.asiangolfgroup.com believe that a corporation or group will gain the ability to deepen relationships; to have conversations and add value to customer’s lives; to connect brands to customers and customers to each other and their passions. The Asian Golf Group is the leader in event promotion in Asia and Australia. The As