The IPL Model: Sports Marketing and Product Placement Sponsorship
Journal Title: International Journal of Humanities and Social Science Invention - Year 2017, Vol 6, Issue 2
Abstract
Product Placement is a new innovative and modern form of advertising and promotional mechanism in which the marketers brand their goods by placing it in sports & entertainment programs. Brand Placement when collaborated with a well respected athlete or is strategically placed on the field at a game has helped many brands draw much needed exposure to their product offerings. The modes of product placement have transformed over the years, from the traditional practice of inserting ten or thirty seconds commercials to direct placement of the brand during live game or match intervals. The infiltration of corporate sponsorship and advertising into organized sport like cricket has now opened up new gates for sports administration in India. In 2008, the Board of Control for Cricket in India (BCCI) launched the Indian Premier League (IPL) – a high octane, sporting extravaganza filled with glitter, glamour and entertainment quotient. The IPL has turned out to be a very successful advertising and branding platform for various brands. IPL, a multi-million-dollar business in India has created a fusion of commercial interest and political power. The league has become a mass sports property for major multinational brands. The main objective of this study is to find out the effectiveness of brand placement as a promotional tool. Understanding the nature and extent of incorporation of brand placement in sports tournaments like the IPL and studying the viability from advertiser’s point of view as a marketing tool.
Authors and Affiliations
Aditya Mittal, Amutha Manavalan
Keywords
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