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Why do sports needs sponsors?

Updated: 9/27/2023
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Wiki User

12y ago

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Sport marketing is divided into three sectors. The first is the advertising of sport and sports associations such as the Olympics, Spanish Football league and the NFL. The second concerns the use of sporting events, sporting teams and individual athletes to promote various products. The third is the promotion of sport to the public in order to increase participation.



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11y ago
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12y ago

Companies pay them to have their advertisement on there. That's how they make money.

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11y ago

Sponsorship provides an extra income and/or financial benefit for an athlete. It also can provide equipment and resources for other athlete.

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11y ago

If you are talking about a tounament there are pros and cons.

Pros- Your park will earn money

Players get a lot of expirence at once

Cons-Traffic

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10y ago

Athlete- They get money from the sponsor for wearing or supporting their brand.

Sponsor- They get to showcase their items on a high level hoping to receive more business.

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13y ago

Ciaran

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