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SPONSORSHIP: NASCAR
CLIENT CATEGORY: Tractors and farm equipment
PROBLEM: As the leading U.S manufacturer of
lawn tractors and farm equipment, the company was approached by
a NASCAR team soliciting corporate sponsorship. After initially
turning down the proposal, brand managers began to reconsider
that the notorious brand of loyalty among NASCAR fans may be relevant
to their own product category. Senior management, however, opposed
the concept of a racing sponsorship, believing that involvement
in the sport might degrade the top-of-the-line image of their
products.
METHODOLOGY: Telephone interviews were conducted
among three distinct audiences: (1) Potential product buyers who
are NASCAR fans, (2) Potential product buyers who do not follow
NASCAR, and (3) Lawn tractor distributors and retailers.
INITIAL FINDINGS: As expected, current NASCAR
fans welcomed the concept of a new category sponsor into the sport,
and the sponsor found an unusually high concentration of product
line users within NASCAR. Moreover, the fans’ feedback was
instrumental in selecting the most appropriate driver/team to
represent the product. Data collected among non-NASCAR fans disproved
the theory that NASCAR would detract from the company’s
image, and actually served to indicate that NASCAR is widely respected,
even among non-fans. Finally, research among dealers indicated
that as a group, they felt the company had traditionally invested
too little to market the product, and that any sponsorship would
help energize sales, particularly to an increasingly younger consumer
base.
ACTION TAKEN: The company negotiated a limited-term
sponsorship of a Busch Grand National team, thus launching its
first major commitment to a sports sponsorship.
FOLLOW-UP RESEARCH: On-site research among NASCAR
fans at Busch Grand National races was implemented to test for
sponsor awareness, brand value, and changes in consideration set.
RESULTS: The results indicated that an increased
commitment to NASCAR provided a measurable return on investment,
and the company now is title sponsor of a team in the Nextel Cup
Series.
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