Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

As a businessperson, could you support ambush marketing? Provide the rationale for your answer. If you do not support ambush marketing, what do you think

image text in transcribed

As a businessperson, could you support ambush marketing? Provide the rationale for your answer. If you do not support ambush marketing, what do you think are appropriate consequences for ambush marketers?

image text in transcribed
.III Xfinity Mobile LTE 6:37 PM E online.warner.edu a 8% E]! Ambushed! Do you remember which athletic shoe company sponsored the 2012 London Olympics? [1' you remember Nike, you're right in line with 37' percent of US. consumers who identied Nike as a sponsor at the time rather than 24 percent who identied Adidas, who actually was the ofcial sponsor and who paid about 40 million British pounds for the privilege. The reason may be that Nike developed an extraordinarily creative \"ambush" marketing program around the lOlympics that hijacked buzz from the ofcial sponsors. Like many other spectators, you probably remember the eye-catchin g neon yellow VOLT shoes that more than 400 runners and other athletes were during Olympic events, at Nike's behest, attracting considerable attention and publicity. Just before the Olympics opened, Nike also launched a lush TV ad called \"Find Your Greatness\" that featured exciting amateur athletic events in different Londons all over the world from London, Ohio to London, Nigeria. The ad immediately went viral, with viewership eclipsing Adidas\" competing ad in just a week. Nike employed similar tactics to ambush buzz from ofcial World Cup sponsorsincluding Adidasin 2010. The shoe may be on the other foot in 2016, when Nike will he an ofcial sponsor of the Rio Olympics, which Adidas will not sponsor. Host countries and host cities of major event routinely enact antlsmbush marketing laws, but creative marketers can routinely subvert them (for instance by not mentioning London, England or London 20\" in their ads}. Ambush marketing has become a quite controversial topic, with arguments both for and against it. Key points: In favor of ambush marketing: - Done within the bounds of the law, ambush marketing represents highly creative marketing promotion. - Ambush marketing increases consumer choices, rather than limiting choices to the products (and prices] provided by ofcial event sponsors. Against ambush marketing: - By its very nature, ambush marketing is deceptive, creating a false association between a brand and an event. - The ambush marketer is essentially stealing buzz from the official sponsors of events, who paid richly for their sponsorship rights. Regardless of how creative the execution, stealing is unethical. Question . As a businessperson, could you support ambush marketing? Provide the rationale for your answer. if you do not support ambush marketing, what do you think are appropriate consequences for ambush marketers?I E [I] E

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting Reporting and Analysis

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

3rd edition

9781337909402, 978-1337788281

More Books

Students also viewed these Accounting questions

Question

Explain the importance of Human Resource Management

Answered: 1 week ago

Question

Discuss the scope of Human Resource Management

Answered: 1 week ago

Question

Discuss the different types of leadership

Answered: 1 week ago

Question

Write a note on Organisation manuals

Answered: 1 week ago

Question

The feeling of boredom.

Answered: 1 week ago