Champion the Cause
By Brian Mackey
All rights reserved
Motor racing has
always been the leader in event marketing. In fact,
we, as an industry, essentially invented it! For
years, motor racing has been THE place to spend event
marketing dollars. The sport has dominated the
category for many years. More event marketing dollars
are spent in motorsports than any other single
category. It leads the entire sports industry and
sports dominates the event marketing dollar
allocation. In a phrase, the motorsport industry is
the leader of the pack. Over the last numerous years,
those of us who carve out a living selling the
benefits of motorsport marketing as well as PR and
the other functions of motorsport, have often relied
on this fact to help us gain additional credibility
and impact when presenting a sponsorship proposal to
a sponsor prospect. Marketing managers like to see
that the sport has a successful "track
record", so to speak, and want to spend
available marketing dollars in an arena that has a
long history of creating results for sponsor
companies. Motor racing has that kind of credibility.
But in the last
several years, I have noticed a change. I think that
other sports and event marketing
"platforms", are catching up! And catching
up fast! Perhaps, they have even passed the sport of
motor racing as the leader in event marketing
strategies. And that is not a good thing! They may
have not caught us yet in the total amount of money
spent, but they are passing us in creative ways to
reach, influence, budget, finance, and implement
sponsor supported event marketing tactics.
Pick up a sponsor
marketing newsletter that looks at the entire event
marketing industry, and youll see what I mean.
Other sports and other events have essentially taken
the lessons learned from motorsports and developed a
package of benefits for sponsors that are parallel,
if not superior, to the benefits offered by many in
the motorsport industry.
In numerous ways,
NASCAR put the sport of motor racing on the corporate
marketing map. They developed an image and a
marketing story that appealed to corporations and
Madison Ave. Thank you, NASCAR. It has helped all of
us. When marketing managers are confronted by an
opportunity to sponsor a race car, they have been
bombarded by the success achieved by sponsors
incorporating NASCAR as part of their marketing mix.
It is far less adventurous, if not downright
traditional to, at a minimum, consider a motorsport
program as part of the corporations marketing
arsenal. This is a direct result from the efforts of
NASCAR and the other leading national sanctioning
bodies.
But as we watch the
sea-change underway, it is imperative that the
leadership of the industry, NASCAR, CART, IRL, NHRA
and IMSA, continue to push the envelope in the
development of sponsor programs and promotions. This
is not the time to get conservative, rely on
"traditional" strategies or what has been
achieved in the past. Its a new world. If they
can continue to maintain the lead, increase it,
dominate it, then the rest of us in the industry
benefit too. Success breeds success.
The impact on all of
us is enormous. It is important to remember that we
must look at NASCAR and others as leading the charge.
A charge that all of us are in. I know that these
other sanctioning bodies and the teams and drivers
that comprise them, are competitors for available
sponsor dollars, but as the leaders of this industry,
they carry the banner of respectability that we all
rely upon.
Be a champion of the
cause. Encourage all aspects of motorsport marketing.
If a sponsor elects to sponsor one of your
competitors, be supportive, buy the product/service,
keep the sponsor motivated and ultimately, play a
role in their success. We will all be better for it.
Now and in the future.