There is nothing in the world that speaks a more universal language than sports. It breaks down cultural and linguistic barriers, connects nations and generations, inspires and motivates, unites in joy, celebration, and cheering. The strength of its power is recognized, of course, by brands that connect with competitions, national heroes, and heroines through their sponsorship agreements and/or communication to embed themselves into the global audience. It is therefore not surprising that huge budgets are invested in major sporting events, especially the largest among them, the Olympic Games. This year’s Summer Olympics, which will take place from July 26 to August 11 in Paris, are no exception – they will serve to raise visibility and strengthen corporate brands, as well as the brand of the French capital.
According to currently available data, the Olympics will attract more than fifteen million guests to Paris, and around one billion people will follow the broadcasts on small screens. The opening will take place in front of half a million viewers (live!), and competitions in 32 sports will be held in 329 events. So far, around one billion euros in sponsorship money has been secured. As the budget for the Games has risen to 8.8 billion euros, this will be the most expensive Summer Olympics to date. Standard partners such as Airbnb, Intel, and Coca-Cola have been joined by French companies LVMH, which is sponsoring the Games for the first time, Carrefour, and Accor. In addition to investments in organization, this global sporting event, marketing media claim, will bring a series of innovations in sports marketing as it will rely more than ever on the miraculous technology known as artificial intelligence.
Chinese AI Tools
As stated on the blog of the Dotdigital platform, this summer the spotlight will be directed at the latest technology as much as at athletic excellence. This is partly due to the Chinese brand Alibaba, which has not only created the world’s largest shopping event, Singles’ Day, but has also become a serious player in the artificial intelligence industry. The International Olympic Committee (IOC) has entered into a partnership with this company, whose AI cloud tools and its AI-based multi-camera replay system are expected to revolutionize the way the global audience follows the competition. This technology, already tested at the Winter Olympics in Beijing, uses machine learning and deep neural networks to create high-quality 3D models from strategically placed cameras, which, according to Alibaba, guarantees a completely new viewing experience with better reproduction, shots from new angles…
In addition to this technology, some sponsors have also ensured new experiences, which, according to Dotdigital, have elevated the Olympic marketing strategy to a completely new level. They highlight Nike, which, media reports, plans to invest a record budget in the Paris Games. The company has invested additional money in the uniforms of the teams it sponsors – offering a range of models and cuts that ‘guarantee comfort and instill confidence in the players who wear them’. Each package of uniforms and sportswear is tailored to the identity of the athlete and the cultural background of the nation and sport. On the field, fifty different clothing pieces and twelve styles will be visible. No sports brand, Nike will boast, has adapted so thoroughly to individual preferences and specific sports. The goal is to show how well the company understands athletes and wants them to feel good and achieve the best results.
The largest global advertiser P&G has not directed attention (and money) only to the audience and viewers but also to events behind the scenes. Thus, athletes are already waiting for a package with well-known company products after disembarking from airplanes, and in the Olympic Village, they can find a Pampers baby room, an Ariel laundry, a dental clinic with Oral-B products, a salon with many brands from the portfolio… As the company stated, their goal is to meet the needs of competitors before, during, and after the competition.
