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How Modern Technology Is Changing Sports Sponsorships

When it comes to the future of sports, it may rely somewhat on sponsorships relating to augmented or virtual reality. We’ve already started seeing it in some cases. At one point, Bud Light sponsored a certain AR (augmented reality) experience, in which individuals would attend a certain sporting event, and if they looked through their phones, they could see a certain Bud Light vendor. However, that vendor didn’t actually exist in front of them. Granted, this vendor wasn’t able to actually sell beers, but it was an interesting experience for the fans and an opportunity for Bud Light to experiment with creating something that didn’t actually exist in the real space.

The trend of consumers being able to interact more with the games is a great one. It provides an additional reason for people to want to come out and attend sporting events. And if sponsors are able to offer opportunities where they provide a way for consumers to interact with any given game, it just gives the fans that much more of a reason to make the effort to attend the event in person, so they can have that interactive experience. This can even just be the foam fingers that fans wave, or the ‘boom clappers’ that make loud noise, as these are things that help people feel like they’re part of the game.

If sponsors, therefore, can partner up with some of these companies and get their brand names on these foam fingers or boom clappers, then consumers will associate the companies with the fun experience they’re having with those items at the game. This is the same sort of reason that sponsors like to team up with sports organizations. Oftentimes, they’re even willing to pay more money to do so, because they know that they’re associating themselves with certain feelings and characteristics that accompany those sports teams.

This could be as simple as a company or organization partnering up with the Golden State Warriors NBA team simply because the Golden State Warriors are champions. The sponsor is actually paying not just for an increase in their visibility, but also, in this case, they’re paying for the ability to be associated with a championship team.

If you invest your time in sports management education, you can learn more about various topics, such as how athletic sponsorships are changing and evolving, why teams and corporations partner up, and many more concepts regarding global sports and sports management. If you haven’t considered online sports management education, it’s perhaps the most convenient and stress-free way to gain this knowledge.

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