Sports sponsorships. How do companies make money when spending 10s of millions on sponsorship?

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Question came from thinking of Emirates Airline who sponsor Arsenal, Real Madrid and Milan (and others). This costs them over £100m, surely they cannot be seeing a return on that investment?

In: Economics

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Anonymous 0 Comments

Brand awareness is very powerful, and lack of brand awareness is difficult to overcome, even with a superior product. The only reason I’ve ever heard of Emirates is because of the soccer team, and I’m not even a soccer fan lol. That’s how powerful it is.

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