The Basis of Rights Managementemdiworld.ae/wp-content/uploads/2019/03/Term-2... · –Right to use...
Transcript of The Basis of Rights Managementemdiworld.ae/wp-content/uploads/2019/03/Term-2... · –Right to use...
The Basisof Rights ManagementAn overview of creating
your proposition.
What’s the difference?
What is rights management?
• Rights management is the process of efficiently
acquiring and using a set of permissions that will
allow a brand to activate a sponsorship asset in order
to engage a customer
Why is rights management important in sports?
• If everyone were to
ignore the legal rights
of each other in this
ecosystem then we
would have no order
in the way in which
the consumer sees
the ownership of
everyone’s property
So how we go about this process?
1. Recap: I look at the property and find out how much
sponsorship is required
2. Strategy: I look at the strategy of how sponsorship will
be acquired
3. Implementation: I go through a transaction
• Rights are sold to me
• I buy rights
1. Recap
3 Main Acquisition Strategies• Tiered Sponsorship
– Share of rights are give more prominence to those
who invest more
• Partnership Strategy
– Multiple partners - equal share of rights to each
partner
• Combination
– Title sponsor with partners
Silver
Sponsor
Gold Sponsor Gold Sponsor Gold Sponsor
Silver
Sponsor
Silver
Sponsor
Silver
Sponsor
Silver
Sponsor
Silver
Sponsor
Platinum Sponsor Platinum Sponsor
Gold Sponsor
Title Sponsor
Tiered Structure
Share of Rights
Partnership Structure
6 Official Partners
Official Suppliers
Share of Rights
BRAND
Combined Structure
6 Official/Hosting Partners
Official Suppliers
Share of Rights
Title Sponsor
2. Strategy
How Do You Choose?
• Size of sponsorship requirement
• Your Profile
• Timing
• Market environment
How do I articulate my rights?
Investment in, return out
Sharing your bag of Standard Assets
• Finite number of asset
• The strategy you choose will determine
how you divide your rights
• E.g. for our requirement of USD 415k,
there are 2 ways to slice it
Silver
Sponsor
Gold Sponsor
USD 30
Silver
Sponsor
Silver
Sponsor
Silver
Sponsor
Silver
Sponsor
Platinum Sponsor – USD 50,000 Platinum Sponsor – USD 50,000
Title Sponsor – USD 200,000
Tiered Structure
Gold Sponsor
USD 30
Gold Sponsor
USD 30
Gold Sponsor
USD 30
10%
20%
40%
30%
Share of Rights
Title Sponsor Branding Benefits• Naming Rights
– Right to use E.g. “Brand X Dubai Calibre 2005 World Cup Final” in anyactivation or leveraging activity conducted by the title sponsor
• Branding Proportion: 40% prominence
– ATL (Above The Line) Campaign
– Online
• Official Website
– Logo
– link,
– Short Company Profile & Acknowledgement (5 lines)
• Ad Campaign
– Logo on back drops and other signage in
• Press conferences,
• Opening and Closing Ceremony Signage/back drop
– Printed Material
– Advertising Event programme
– Venue Branding
• Product Rights Opportunities:
– Possibility of Product Sampling/ Handing of sales brochures
– On-Site Sales
• Experience and Hospitality Opportunities
Exclusive opportunity to meet HH. Sheikh Mohammed Bin Rashid Al
Maktoum and hand shakes
1 Corporate Event – PR days
VIP Parking
Plat. Sponsor Branding Benefits• Naming Rights
– Right to use E.g. “Platinum Sponsor - Dubai Calibre 2005 World CupFinal” in any activation or leveraging activity conducted
• Branding Proportion: 30% prominence
– ATL (Above The Line) Campaign
– Online
• Official Website
– Logo
– link,
– Short Company Profile & Acknowledgement (5 lines)
• Ad Campaign
– Logo on back drops and other signage in
• Press conferences,
• Opening and Closing Ceremony Signage/back drop
– Printed Material
– Advertising Event programme
– Venue Branding
• Product Rights Opportunities:
– Possibility of Product Sampling/ Handing of sales brochures
– On-Site Sales
• Experience and Hospitality Opportunities
1 Corporate Event – PR days VIP
Partnership Structure
6 Official Partners – USD 105,000 each
Official Suppliers
Share of Rights
BRAND
10%
90%
Combined Structure
4 Official/Hosting Partners – USD 30,000 each
Official Suppliers
Share of Rights
Title Sponsor – USD 200,000
10%
40%
40%
Rights Unique
• Must be relevant to the prospect’s industry
• Must be unique and not offered to another sponsor
• May be differentiated by
– Activity
– Time
– Category
– Geography
Paris Gallery Partnership Rights Unique
• Diana Krall to make 1 appearance in Dubai and Abu
Dhabi at Paris Gallery outlets.
• Data Capture
• Photo Opportunity with Group CEO
• Product Showcasing/sampling at the venue
Gitanes Official Supplier Rights Unique
• Product Showcasing/sampling at the venue – space to
construct direct promotion stand.
Etihad Partnership Rights Unique
• Route Endorsement
– E.g. Diana Krall flies with Etihad toToronto
• 1 appearance at press conference announcing
• The concerts
• The new route
• The experience
• The benefits
Sony Partnership Rights Unique
• Have an A/V screen live broadcast courtesy of Sony
• Handset Content
3. Implementation.The buying and selling of rights
Selling rights
Sponsorship Acquisition Process
• Define the Brand Characteristics of the Event/person
• Identify categories which share similar brand attributes
• Shortlist companies within each category
• Adapt sales decks, individualising them for each
prospect
Defining the Sponsorship Landscape
• The Sponsorship Landscape is a simple, but important process, and
it defines which categories will be most receptive to the sponsorship
proposal.
Event
Product
Attributes
Political/
NetworkingBrand Attributes
Lifestyle
Attributes
The Landscape an example
Achieve-ment driven
Commu-nity Spirit
Compas sionate
Youthfu l
Energeti c
Adven-turous
Healthy
Fun
Sponsorship Landscape Examples
IT
Telecoms
Tyres
Lubricants
Imaging
Logistics Hospitality
Timing
Airlines
Automotive
Short-listing Companies
• Research the Market and attempt to profile active
sponsors
• Match them against your sponsorship target
• Take out companies that are totally inactive
• Choose companies that have similar brand
characteristics to the event
SportZ – Motorsport Property AnalysisEquity comparison – German Motorsport Properties
F1 TeamEquity
Presence
Relevance
Performance
Advantage
Bonding
45%
61%
65%
77%
22%
30%
32%
14%
42%
3%
33%
57%
63%
90%
9%
Event attendance inGermany
%
503231302928
252322
107
Bundesliga
Tourde France
WinterOlympics
Summer Olympics
UEFACup
ChampionsLeague
Germany F1 GrandPrix
FIFA World Cup
Deutsch TouringMaster
BerlinMarathon
Porsche SuperCup
The Live Values of F1 Fans in the UKAdventure & Exploration
Safety & Conservatism
Conscience & Spirituality
Self-Interest & Image
83%
68%
41%
37%
90%
79%
64%
60%
7%
9%
Ferrari Williams
%
McLaren Toyota
Source: SportZ 2004 Europe/China/Japan
Company ShortlistingIT
Acer, IBM,
Cisco
(Tele)coms
Etisalat,
Inmarsat
Tyres
BF Goodrich,
Goodyear
Lubricants
Castrol, Enoc
Mobil
Imaging
Kodak, Fuji
Logistics
Aramex, UPS
DHL
Hospitality
Le Meridien
Timing
Seiko, Tag
Airlines
Emirates,
Etihad, BA
Automotive
Nissan, VW
BMW
The Sales Deck• Should contain
– A brief background/history of the event/property
– Should have it’s target audience profile
– Should have its SMP
– Should have the specific benefits for the chosen company (E.g. if it wasa presentation to Emaar, no point in going with a VIK benefit proposal)
– Should have rights unique that demonstrate 1-2 leveraging opportunities
– Should have a cost section that conveys demonstration of relevant value
• It should be personalised to the company as much as possible
• It should demonstrate
– Relevant value, and
– 1-2 Leveraging Opportunities
The Sales Deck• Should contain
– A brief background/history of the event/property
– Should have it’s target audience profile
– Should have its SMP
– Should have the specific benefits for the chosen company (E.g. if it wasa presentation to Emaar, no point in going with a VIK benefit proposal)
– Should have rights unique that demonstrate 1-2 leveraging opportunities
– Should have a cost section that conveys demonstration of relevant value
• It should be personalised to the company as much as possible
• It should demonstrate
– Relevant value, and
– 1-2 Leveraging Opportunities
Selling rights
How we buy sponsorship today
How do you buy sponsorshopKPIs Metric Score
Brand Exposure Number of media opportunities per annum Impressions
Value of those media opportunities AVEs ($)
Quality of those media opportunities Engagments
Value of a media plan $
Marketing Rights Use of athlete imagery $
Use of athletes brand assets $
Merchandise Signed material $
Event opportunities Speaking engagements $ time
Panel engagaments $ time
Personal appearances $ time
Pro- am events $ time
Social Media Fanbase/Follower base Reach
Average number of interactions Engagement
Positive/negative sentiment Brand fit
Brand Fit Values that match
Right personality
Relevant to my programme
Ability to perform in public
Any negative traits
Previous scandals
• A brand will score each section by giving a weighting to what is important to
them
• This overall score generally needs to be above 60% if this is to be
considered for a further conversation
Thank You