In: Economics
A number of factors have resulted in an increased emphasis on the assessment of potential sponsorship opportunities prior to making the decision whether to sponsor a particular event or property. Which of the following is an example of a factor that has led to this increased scrutiny?
a. |
increased number of sponsorship opportunities available to the marketer |
|
b. |
increased regulation of the traditional components of the promotion mix |
|
c. |
more communications clutter |
|
d. |
increased emphasis on social responsibility |
|
e. |
all of the above |
All of the above
( Sponsorship programs are of huge importance now as a well structured sponsorship can increase the success rate of an organization in business. Increase in the number of sponsorship opportunities, inctrased regulation of components of product mix , more communications clutter and increased social responsibility have contributed to it. Effectiveness of a sponsorship program is judged by whether the it has met the purpose of the sponsor or not. What companies often look for is an opportunity to connect with new customers. )