It makes you more popular through your customers will want to buy from you because you sponsor that famous event.
eg puma sponsor Usain Bolt which makes there buyers want to by puma because bolt uses puma.
Trevor Slack has written: 'The Commercialization of Sport (Sport in the Global Society)' 'Understanding sport organizations' -- subject(s): Handbooks, manuals, Organizational sociology, Sports administration
COMMERCIALIZATION
the advantages and disavantages of commercialization
The definition of the word commercialization is to exploit something for profit. A good example of this being used in a sentence is " Christmas has lost its true meaning to many people because of commercialization.
Heinlein Prize for Advances in Space Commercialization was created in 1988.
Consuming Kids The Commercialization of Childhood - 2008 is rated/received certificates of: Australia:PG
Commercialization is the process of making a business or product more public. Privatization is the opposite process in terms of conducting the business.
The Wingmen - 2008 Commercialization 1-5 was released on: USA: 1 December 2009 (internet)
People can earn money
Commercialization is when a company decides to launch it's new product into the market place. Commercialization requires the building of a marketing plan and budget to launch the product. Successful commercialization will ultimately lead to or exceed predicted sales forecasts.
what do you understand by the terms privatization and commercialization in nigeria
The restructuring and commercialization render public enterprises attracts more potential investors because they are able to publicize the company and the investments.