NASCAR evaluates sponsorship: NASCAR has transformed its
research and insights capabilities, giving the racing-car circuit's
commercial partners - like Coca-Cola - a deeper insight into return on
investment than ever before. Sean Doherty, NASCAR director/digital and
social-media engagement, told an American Marketing Association (AMA)
webcast audience: "The Coca-Cola Co. came to us and wanted a brand
analysis for each of their drivers. They wanted share for each driver;
how each one engaged with fans; and the size of their social footprint.
They wanted to be able to activate their brand against a track, a race,
or off site as well." Stepping up to that challenge, said Doherty, "We
had to transition from a PR department to a fully-integrated marketing
communications model. We took a deep dive into the industry's position
relative to digital and social media. We researched the way that fans
experienced our events. And we looked at the way people consumed other
sports and entertainment properties. We searched for growth markets to
attract new fans to the sport. And we also took a critical look at our
current portfolio of drivers." NASCAR found a partner to give it the
tools required to make this transition, as information technology group
Hewlett-Packer designed and created the Fan and Media Engagement Center.
This research facility features 13 screens of 46 inches in size, as
well as three work stations and the analytical tools NASCAR needs to
help race-car teams, tracks, sponsors, broadcast partners process more
data faster.
The facility provided Coca-Cola with the insight it needed, as well as
securing engagement from a group of other Fortune 100 companies,
including Sprint, Goodyear Tires, MillerCoors and ExxonMobil.(Warc)(2-11-2014)
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