“We should no longer be talking about ‘digital marketing’ but marketing in a digital world.” — Keith Weed, CMO at Unilever
WHAT IS ATHLETE MARKETING?
In the age of the Internet and its auxiliary tools (websites, blogs, social media, mobile apps, VR) fan support doesn't just come in the form of ticket and merchandise sales, watching or listening to games, showing up when athletes make a public appearance, and consuming athlete-related news.
Fan support, in the age of the Internet, comes in the form of attention: watching an athlete's videos, reading an athlete's blog posts, listening to an athlete's podcasts, and engaging with an athlete's posts on social media. The more fan support and attention athletes can attract, maintain and maximize, the more their athlete brand is worth to teams, leagues, sponsors, marketing deals and other relevant stakeholders.
This is known as Attention Economics, which treats human attention as a scarce commodity, since we have a limited amount of it.
In the Attention Economy, athletes are all competing for a finite amount of fan attention, and it's a zero-sum game. If fans are paying attention to someone or something else, they can't pay attention to you (the athlete) at the same time. And, if they're not paying as much attention to the athlete, this athlete is not maximizing the worth and value of his or her athlete brand.
Many athletes, however, don't think about fan attention as a precious or earned commodity. They either take it for granted or assume they're deserving of it simply because they're an athlete.
The athletes (and their representatives) who take a scientific, strategic and systematic approach to standing out, staying relevant and building value in the minds of their current and potential fans, will position themselves to maximize fan support ("athlete brand equity").
The result: a more profitable and dynamic athlete brand.
WHAT IS ATHLETE BRANDING?
In doing so, athletes and their representatives will position themselves to:
- Attain the most valuable and longest-lasting player contracts, sponsorships, marketing deals and digital income streams
- Maintain (and even increase) fan support when their athletic performance has declined, or when their professional playing career ends
- Leverage and build upon their brand value through their post-playing career
An athlete's personal brand is comprised of three main facets — known as the Model of Athlete Brand Image* — including:
- Athletic attributes, achievements, capabilities and competition style
- Personal style and appearance
- Marketable lifestyle
By cultivating and maximizing these aspects of an athlete's personal brand, athletes will increase athlete brand equity (fan support), resulting in a more profitable and dynamic athlete brand.
* Source: Sport Management Review
Athlete marketing and branding is impossible without great content.
Regardless of the marketing strategies, tactics and tools you employ, original content that portrays an athlete's life story on and off the playing turf is the backbone of a massively profitable, dynamic athlete brand. This includes:
✅ Social Media
✅ Owned & Earned Media
✅ Multimedia Content
✅ Email Marketing
✅ Paid Media
✅ Sponsored Content
✅ Guest Publishing
The Business Objectives of Athlete Brands
The business goals associated with athlete marketing and branding include:
Awareness & Reinforcement ♻️
The most successful athlete brands are organic, authentic and active, continuously driving engagement with existing fans and exposing athletes to new ones at tremendous scale.
Fan Data 📊
Through the production and distribution of original content that portrays an athlete's life story, fans will voluntarily provide valuable personal data, which can be leveraged to generate additional, scalable and in many ways passive income.
Fan Attention 👀
The most profitable, dynamic athlete brands consistently attract exponentially more of their fans' attention — website visitors, blog readers, video watchers, podcast listeners, social media users and email subscribers — and turn it into highly lucrative, completely scalable income streams.
The Ultimate Fan Experience 🎯
Most fans will never have the opportunity to see their favorite athletes live and in-person. Thanks to the Internet and its auxiliary tools, however, today's athletes can strategically interact with more fans, which expands their fanbase across state lines, countries and even continents. With more fans in more places comes a more valuable and diverse athlete brand.
Optimal Fan Loyalty 💞
When athletes are both strategic (results-oriented) and systematic (efficient) about sharing their life story and engaging with their ever-growing fanbase, they increase the amount and frequency of which fans support them and their affiliations, on and off the playing turf. The more fan support athletes generate, the more they are worth to teams, leagues, sponsors, marketing deals, business ventures, and other relevant stakeholders.