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Showing posts with the label Summer Olympics

A Challenge to Cause Marketers on the Eve of the Super Bowl

The September 27, 2007 Forbes magazine listed the value of the world’s top sponsored sports events, by the amount of money they generate per day. They are: Super Bowl… $336 million Summer Olympics…$176 million Fifa World Cup…$103 million NCAA Men’s Final Four…$90 million Winter Olympics…$82 million Rose Bowl…$72 million MLB World Series…$61 million Kentucky Derby…$59 million 9. NBA Finals…$58 million I notice that your nonprofit isn’t on the list. Indeed, no nonprofit is. There’s two reasons for that. Forbes compiled a list of the top sports event sponsorships. I’ll get to the second reason in a second. But cause marketing is… in the main… just a form of sponsorship. Why isn’t your cause making a $336 million per day like the Super Bowl? Think of all the advantages your cause enjoys. It has tremendous heart. It has a list of supporters who literally open their wallets for you several times a year. Some of your supporters are as passionate about your cause as any face-painting fan of...