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Red Bull
Julius Areska 287754

BAMMC, Bachelor Thesis 2012

Bachelor in Language and Business Communication

Author:

Degree in Marketing and Management Communication

Julius Areska

Supervisor:
Simon Lind Fischer

The Impact of Sport Sponsorship on Brand Equity
The Analysis of Red Bull GmbH

Department of Language and Business Communication
Aarhus School of Business and Social Sciences
Aarhus University
May 2012

Julius Areska 287754

BAMMC, Bachelor Thesis 2012

Abstract
Recently, traditional marketing communication elements are faced with challenges of reaching increasingly fragmented consumer markets. The companies are forced to find new communication ways due to the highly cluttered market environment. Consequently, corporate sponsorship of sports has become an increasingly popular and one of the fastest growing marketing communication tools which bypasses media clutter and provides the environment where a brand can differentiate itself from the others. Red Bull sponsors various kinds of sport and athletes and through the years became the representative brand of ‘extreme sports culture’ social identity. Therefore, the paper focuses on the Red Bull sport sponsorship and strives to investigate its possible effects and reveal its impact on different aspects of brand equity. Throughout the paper several theories within the fields of cognitive and behavioural learning are applied. First part of the analysis investigates sponsorship through the spectrum of cognitive learning mechanisms whereas second part explores Red Bull’s sponsorship from the behavioural perspective. Achieved findings identify seven specific effects concerning company’s sponsorship. Furthermore, several researches within the field of brand equity assist to relate sponsorship effects to the different elements of brand equity. During the analysis
David A. Aaker’s proposed brand equity model is used in order to underline different elements of brand equity. The



References: Aaker, D.A., 1999. Managing Brand Equity: Capitalizing on the Value of a Brand Name. The Free Press, New York Abratt, R., Clayton, B.C., and Pitt, L.F., 1987. Corporate objectives in sports sponsorship . Bennett, R., 1999. Sports Sponsorship, Spectator Recall and False Consensus. European Journal of Marketing, Vol Brol, E., 2011. Red Bull marketing plan 2011-2012. Available at: http://www.ebrolcreative.com/marketing_gallery/Red_Bull_Marketing_Plan_2011.pdf [Accessed 18 April 2012] Cirillo, J., 2009 Clow, K. E. and Baack, D., 2002. Integrated Advertising, Promotion, and Marketing Communications Copeland, R., Frisby, W. and McCarville, R., 1996. Understanding the Sport Sponsorship Process from a Corporate Perspective Cornwell, T.B. and Roy, D.P., 2003. Brand equity’s influence on responses to event sponsorships Cornwell, T.B., 1995. Sponsorship-linked Marketing Development. Sport Marketing Quarterly, Vol Cornwell, T.B., et al., 2006. Sponsorship-linked marketing: The role of articulation in memory Cornwell, T.B., Pruitt, S.W. and Van Ness, R., 2001a. An Exploratory Analysis of the Value of Winning in Motorsports: Sponsorship-linked Marketing and Shareholder Wealth Cornwell, T.B., Roy, D.P. and Steinard, E.A., 2001b. Exploring managers’ perception of the impact of sponsorship on brand equity Crowley, M.G., 1991. Prioritising the sponsorship audience. European Journal of Marketing, 25(11), pp Dick, A.S. and Basu, K., 1994. Customer loyalty: Toward an integrated conceptual framework Erdem, T. et al., 1999. Brand Equity, Consumer Learning and Choice. Marketing Letters, 10(3), pp Gilbert, D., 1998. Sponsorship strategy is adrift. The Quarterly Review of Marketing, 14(1), pp Gwinner, K. and Eaton, J., 1999. Buiding brand image through event sponsorship: the role of image transfer Gwinner, K., 1997. A model of image creation and image transfer in event sponsorship. Gwinner, S. and Swanson, S.R., 2003. A Model of Fan Identification: Antecedents and Sponsorship Outcomes Hastie, R. 1980. Memory for Behaviour Information That Confirms or Contradicts a Personality Impression Heckman, M. A., et al., 2010. Energy drinks: an assessment of their market size, consumer demographics, ingredient profile, functionality, and regulations in the United States. Comprehensive reviews in food science and food safety, volume 9, pp. 303-317 Investopedia, 2012 Keillor, B.D., 2007. Marketing in the 21st century. Westport: Praeger Publishers. Keller, K.L., 1998. Strategic Brand Management. Prentice Hall, Upper Saddle River, NJ. Madrigal, R., 2000. The Influence of Social Alliances with Sports Team on Intentions to Purchase Corporate Sponsors’ Products Marshall, D.W. and Cook, G., 1991. The corporate (sports) sponsor. International Journal of Advertising, 25(11), pp McDaniel, S.R., 1999. An investigation of match-up effects in sport sponsorship advertising: the implications of consumer advertising schemas McDonald, D., 2011. Mastermind of adrenaline marketing. Bloomberg Businessweek, pp. 6670. Meenaghan, T., 1991. Sponsorship – legitimising the medium. European Journal of Marketing, 25(11), pp

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