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The FIFA World Cup is a sports carnival that happens once in four years. Given the popularity and viewership, it is the largest sporting event in the world. The run-up to the football world cup starts just after the conclusion of the previous tournament. All these international matches, including the world cup, are played under the supervision of FIFA, the international football governing body, of which 211 national associations are members.
Since 1930 in Uruguay, 17 countries have hosted the football world cup so far. Qatar is the host nation of the 2022 world cup, the first country in the Arab World, and the third country in Asia after Japan and South Korea jointly hosted in 2002. A total of 32 countries qualified for the World Cup after continent-wise elimination matches.
The World Cup is one of the most significant international marketing platforms for companies across the globe. In a short span of time, brands can reach out to people spread over 200-plus countries. As a result, many brands are affiliating with FIFA to sponsor the event or specific teams.
Industry insiders from prominent sports marketing agency wings stressed in interviews with BestMediaInfo.com that businesses with sponsorship rights are likely to experience 1.5x to 2.5x brand awareness and top-of-mind recall compared to a typical sponsorship category campaign.
We have collated some exciting facts about the FIFA World Cup sponsorship.
Learn more about branding and marketing with our online MBA in marketing.
Sponsoring teams and their kits, including jerseys, are seen as another effective branding strategy for companies in the world cup. Usually, leading sports brands collaborate with national football associations to sponsor the kits. Due to strict FIFA restrictions, branding is minimal on jerseys and shorts. Commonly, brand logos can be seen on the shorts’ right chest and left leg, though some differences exist.
It may be interested to read this blog on the financial aspects of ICC World Cup Cricket.
According to a Nielsen analysis of 100 sponsorships between 2020 and 2021 in seven regions and 20 industries, the sponsorships led to an increase of 10% on average in the exposed fanbase’s purchasing intent. Therefore, World Cup sponsorship is advantageous for companies to reach a global audience and brand building.
Information related to companies and external organizations is based on secondary research or the opinion of individual authors and must not be interpreted as the official information shared by the concerned organization.
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