
{"id":12596,"date":"2023-07-20T14:46:14","date_gmt":"2023-07-20T21:46:14","guid":{"rendered":"https:\/\/tegnacorpstage.wpengine.com\/advertise\/?p=12596"},"modified":"2024-05-02T12:50:39","modified_gmt":"2024-05-02T19:50:39","slug":"4-reasons-for-advertisers-to-sponsor-the-2024-olympics","status":"publish","type":"post","link":"https:\/\/www.tegna.com\/advertise\/4-reasons-for-advertisers-to-sponsor-the-2024-olympics\/","title":{"rendered":"4 Reasons For Advertisers to Sponsor the 2024 Olympics + Stats"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">When the Paris Olympics step into the spotlight this July, \u200baudiences across the world will witness jaw-dropping showcases of unparalleled athleticism among favorite summer sports like swimming and gymnastics and new sports like skateboarding and surfing. It&#8217;s all but guaranteed that these games will be jam-packed with unforgettable moments that will leave the world in awe to become the most-talked-about event of the season.\u00a0<\/span><\/p>\n<p>The Paris Summer Games are gearing up to be an epic extravaganza, and <a href=\"https:\/\/www.tegna.com\/advertise\/decoding-the-olympics-advertising-game\/\" target=\"_blank\" rel=\"noopener\">Olympic advertising<\/a> is one way that brands can get in on the action and excitement. By supporting our teams, local athletes, and communities, brands can build brand awareness and become a part of the water cooler conversations. After all, being part of these discussions allows advertisers to tap into the pulse of society. When people are excited about a particular advertisement or campaign, they&#8217;re more likely to share it with others, amplifying <a href=\"https:\/\/www.tegna.com\/advertise\/word-of-mouth-marketing\" target=\"_blank\" rel=\"noopener\">word-of-mouth marketing<\/a> efforts.<\/p>\n<p><span style=\"font-weight: 400;\">Even without the Olympics, <\/span><a href=\"https:\/\/www.tegna.com\/advertise\/sports-advertising-benefits\"><span style=\"font-weight: 400;\">sports advertising <\/span><\/a><span style=\"font-weight: 400;\">is a valuable way to connect and engage with a loyal fanbase. With the Olympics, that value increases, making it an event your brand can\u2019t afford to be on the bench for.<\/span><\/p>\n<h2><b>Why Sponsoring the Olympics in Paris is a Good Idea for Advertisers<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Olympic Games are a huge and significant platform to reach consumers with inspirational and powerful messaging that audiences crave. Not only do the Games promote feel-good moments and values of unity, peace, and friendly competition, but it\u2019s also a time when countries put aside political differences and come together to celebrate the best of sport and humanity. <\/span><span style=\"font-weight: 400;\">The 2024 Games will also have new and unique experiences that audiences will love and advertisers can capitalize on.<\/span><\/p>\n<h3><b>1. Cultural \u200bExperiences<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Paris is renowned for its vibrant cultural scene, and the Games offer a remarkable opportunity \u200bto experience the city\u2019s unique atmosphere \u200bup close.\u200b Paris is also known for its<a href=\"https:\/\/olympics.com\/en\/paris-2024\/venues\" target=\"_blank\" rel=\"noopener nofollow\"> iconic and historic venues<\/a>, many of which offer stunning backdrops for certain events, such as The Eiffel Tower Arena, which will host Beach Volleyball, and the Grand Palais, built in 1900 and known for its nave and glass roof, which will host fencing and Taekwondo events.\u00a0<\/span><\/p>\n<h3><b>2. The Most Sustainable Games Ever<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">These will be the first Games fully aligned with the Paris Climate Agreement.\u200b A ground-breaking emissions reduction strategy is in place for a <a href=\"https:\/\/olympics.com\/ioc\/opinion\/paris-2024-raising-the-bar-for-more-sustainable-sporting-events\" target=\"_blank\" rel=\"noopener nofollow\">55% smaller carbon footprint<\/a> than the 2012 London Olympic Games.\u200b Additionally:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/olympics.com\/ioc\/opinion\/paris-2024-raising-the-bar-for-more-sustainable-sporting-events\" target=\"_blank\" rel=\"noopener nofollow\">95% of venues<\/a> are \u200balready built or temporary, minimizing environmental impact.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/olympics.com\/ioc\/opinion\/paris-2024-raising-the-bar-for-more-sustainable-sporting-events\" target=\"_blank\" rel=\"noopener nofollow\">85% of venues<\/a> are within 30 mins of the Olympic Village, and athlete travel will be in zero-emission vehicles.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Olympic Village will showcase sustainable development with low-carbon and eco-design buildings fueled by <a href=\"https:\/\/olympics.com\/ioc\/opinion\/paris-2024-raising-the-bar-for-more-sustainable-sporting-events\" target=\"_blank\" rel=\"noopener nofollow\">100% renewable energy\u200b<\/a>.<\/span><\/li>\n<\/ul>\n<h3><b>3. New Events for Younger Audiences<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The Olympics showcase various sports and disciplines, catering to diverse interests. Four new events, including breaking (breakdancing), skateboarding, surfing, and sport climbing, will debut during these Games.\u00a0<\/span><\/p>\n<p>According to\u00a0<a href=\"https:\/\/www.olympic.org.nz\/news\/skateboarding-sport-climbing-surfing-and-breaking\/\" rel=\"nofollow noopener\" target=\"_blank\">IOC President Thomas Bach<\/a>, these new additions will make the Games more youthful, urban, and gender-balanced. In 2020, he stated,\u00a0&#8220;We have had a clear priority, and this is to introduce sports that are particularly popular among the younger generations and also to take into account the urbanization of sport.&#8221;<\/p>\n<h3><b>4. Favorable\u200b Time Zone<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Paris is only six hours ahead of Eastern Standard Time, allowing viewers to capture all the gold medal action throughout the day.\u00a0 \u200b<\/span><\/p>\n<p><a href=\"https:\/\/www.tegna.com\/advertise\/mastering-the-millennial-mindset-of-today\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-12351\" src=\"https:\/\/www.tegna.com\/advertise\/wp-content\/uploads\/sites\/2\/2023\/03\/ORDER-46535-Millenial-CTA-min-720x186.png\" alt=\"Millennial Study CTA\" width=\"720\" height=\"186\" srcset=\"https:\/\/www.tegna.com\/advertise\/wp-content\/uploads\/sites\/2\/2023\/03\/ORDER-46535-Millenial-CTA-min-720x186.png 720w, https:\/\/www.tegna.com\/advertise\/wp-content\/uploads\/sites\/2\/2023\/03\/ORDER-46535-Millenial-CTA-min-320x83.png 320w, https:\/\/www.tegna.com\/advertise\/wp-content\/uploads\/sites\/2\/2023\/03\/ORDER-46535-Millenial-CTA-min.png 971w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \/><\/a><\/p>\n<h2><b>10+ Olympics Advertising Stats to Guide Your Strategy<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">It\u2019s not just the <\/span><i><span style=\"font-weight: 400;\">je ne sais quoi <\/span><\/i><span style=\"font-weight: 400;\">allure of Paris that makes advertising at the 2024 Olympics a smart move. The following Olympic marketing strategies and stats prove it\u2019s a great opportunity to align your brand with a dedicated sports fanbase.<\/span><\/p>\n<h3><b>1. The Olympic Halo Helps Outpace the Competition<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The Olympics create a strong and powerful <\/span><a href=\"https:\/\/www.tegna.com\/advertise\/halo-effect\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">halo effect<\/span><\/a><span style=\"font-weight: 400;\"> for its official partners. <a href=\"https:\/\/www.sportsbusinessjournal.com\/Daily\/Closing-Bell\/2023\/04\/04\/nbc-olympics-sponsor-research.aspx\" target=\"_blank\" rel=\"noopener nofollow\">Findings from NBCUniversal and BAV<\/a> show that official partners see more than a 117% increase in positive association among Olympic fans.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, according to BAV, official Olympic sponsors outperform non-Olympic partners in all areas of BAV\u2019s brand equity pillars by 36%, which include:\u00a0\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Higher esteem and loyalty (+49%)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Greater differentiation tied to excitement about a brand (+54%)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pricing Power (+40%, post-sponsorship)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loyalty (+40%, post-sponsorship)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More Relevance, a metric tied to market share (+39%)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Preference (+7%, post-sponsorship)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Consideration (+6%, post-sponsorship)<\/span><\/li>\n<\/ul>\n<h3><b>2. Audiences Atop the Leaderboard<\/b><\/h3>\n<p><a href=\"https:\/\/together.nbcuni.com\/network\/olympics\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">According to NBCU<\/span><\/a><span style=\"font-weight: 400;\">, the Summer Games in Tokyo were the largest go-to mass audience event of 2021 and 2022. They\u2019re expecting 4X the streaming minutes in Paris compared to Tokyo. It\u2019s also a key way to reach new and diverse audiences, as the Olympics are #1 in female and multicultural fandom than other pro and college sports. This is a trend to keep an eye on, especially as we continue to see a rise in enthusiasm around <a href=\"https:\/\/www.tegna.com\/advertise\/march-madness-viewership-sets-new-records\/\" target=\"_blank\" rel=\"noopener\">women&#8217;s sports, which are smashing viewership records.<\/a><\/span><\/p>\n<h3><b>3. Ad Impact<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">What about brand recall? NCBU finds that Olympic sponsors see an increase of 42% in message memorability compared to the previous year and an increase of 47% in search volume compared to the competitive TV norm.<\/span><\/p>\n<h2><b>Ready, Set, Go!<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">We are less than 100 days away from the Opening Ceremony, but there are some key dates to consider when creating your Olympic <a href=\"https:\/\/www.tegna.com\/advertise\/what-is-media-planning-the-ultimate-guide-to-success\/\" target=\"_blank\" rel=\"noopener\">media plan<\/a>.\u00a0<\/span><\/p>\n<p><b>Key Dates for the Olympics<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>June 2024:<\/strong> Olympic Trials\u00a0<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Swimming set for June 15-23 in Indianapolis<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Friday, July 26, 2024:<\/strong> Opening Ceremony<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Friday, July 26 to August 11:<\/strong> Olympic Games<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Sunday, August 11:<\/strong> Closing Ceremony\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Wednesday, August 29 to September 8:<\/strong> Paralympics<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.tegna.com\/advertise\/mastering-the-millennial-mindset-of-today\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-12351\" src=\"https:\/\/www.tegna.com\/advertise\/wp-content\/uploads\/sites\/2\/2023\/03\/ORDER-46535-Millenial-CTA-min-720x186.png\" alt=\"Millennial Study CTA\" width=\"720\" height=\"186\" srcset=\"https:\/\/www.tegna.com\/advertise\/wp-content\/uploads\/sites\/2\/2023\/03\/ORDER-46535-Millenial-CTA-min-720x186.png 720w, https:\/\/www.tegna.com\/advertise\/wp-content\/uploads\/sites\/2\/2023\/03\/ORDER-46535-Millenial-CTA-min-320x83.png 320w, https:\/\/www.tegna.com\/advertise\/wp-content\/uploads\/sites\/2\/2023\/03\/ORDER-46535-Millenial-CTA-min.png 971w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \/><\/a><\/p>\n<h2><b>Want to Learn More About How TEGNA Can Support Your Olympics Advertising Strategy?\u00a0\u00a0<\/b><\/h2>\n<p>Team TEGNA has 22 NBC affiliates across the country ready to cover the games with our trusted and award-winning journalists, like <a href=\"https:\/\/www.12news.com\/article\/about-us\/team-bios\/tram-mai-anchor\/75-33557816\" target=\"_blank\" rel=\"noopener nofollow\">12 News&#8217; Tram Mai<\/a> and <a href=\"https:\/\/www.11alive.com\/article\/about-us\/team-bios\/cheryl-preheim\/85-381948318\" target=\"_blank\" rel=\"noopener nofollow\">11 Alive&#8217;s Cheryl Preheim<\/a>. Leveraging the advantage of local news, Team TEGNA has the power to bring audiences exclusive behind-the-scenes coverage and exclusive interviews with hometown athletes that can&#8217;t be seen anywhere else.<\/p>\n<p><span style=\"font-weight: 400;\">Team TEGNA offers quality journalism and a large, loyal, and engaged audience for brands looking to align with Olympic content. We also offer several advertising, marketing, and content sponsorship opportunities utilizing our broadcast, CTV\/OTT streaming, and digital platforms. Don&#8217;t be a spectator. <\/span><a href=\"https:\/\/www.tegna.com\/advertise\/contact\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Click here to contact a TEGNA Olympics advertising expert.<\/span><\/a><\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/OH-oRwilWG0?si=UHUlfcl5K5SIvi_v\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h2><b>Frequently Asked Questions?<\/b><\/h2>\n<h3><b>How many people watch the Olympics?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In 2022, more than <\/span><a href=\"https:\/\/olympics.com\/ioc\/news\/olympic-winter-games-beijing-2022-watched-by-more-than-2-billion-people\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">2 billion<\/span><\/a><span style=\"font-weight: 400;\"> people tuned into the <\/span><a href=\"https:\/\/www.tegna.com\/advertise\/the-inspiration-of-beijing-how-to-harness-the-power-of-the-olympic-games\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Beijing Olympics<\/span><\/a><span style=\"font-weight: 400;\">. The high viewership and engagement amongst fans make this a great advertising opportunity.\u00a0<\/span><\/p>\n<h3><b>What is the most popular Olympic sport?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The most popular Olympic sport will vary depending on the country. However, insights from <\/span><a href=\"https:\/\/sport.yougov.com\/global-data-look-at-the-most-followed-olympic-sports\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">YouGov<\/span><\/a><span style=\"font-weight: 400;\"> reveal that swimming and diving are among the top 5 favorite sports for Germany, the UK, and the US. In the United States and the UK, gymnastics is also very popular.\u00a0<\/span><\/p>\n<h3><b>Do Olympic athletes get sponsored?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Most athletes competing at the Olympics do not have individual brand sponsorship deals, as they are not big household names. However, athletes with corporate sponsorships often may have brand logos on their clothing or gear or may participate in advertising campaigns before the games.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 2024 Olympics provide advertisers a great opportunity to capitalize on the \u201cawe\u201d factor with sponsorship and target a dedicated fanbase. Read on to find eye-opening stats that will prepare you to dive into the world of NBC Olympics advertising.\u00a0\u00a0<\/p>\n","protected":false},"author":4,"featured_media":12597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[67],"tags":[173],"class_list":["post-12596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sports","tag-paris-olympics-sponsorship","wpautop"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tegna.com\/advertise\/wp-json\/wp\/v2\/posts\/12596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tegna.com\/advertise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tegna.com\/advertise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tegna.com\/advertise\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tegna.com\/advertise\/wp-json\/wp\/v2\/comments?post=12596"}],"version-history":[{"count":0,"href":"https:\/\/www.tegna.com\/advertise\/wp-json\/wp\/v2\/posts\/12596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tegna.com\/advertise\/wp-json\/wp\/v2\/media\/12597"}],"wp:attachment":[{"href":"https:\/\/www.tegna.com\/advertise\/wp-json\/wp\/v2\/media?parent=12596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tegna.com\/advertise\/wp-json\/wp\/v2\/categories?post=12596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tegna.com\/advertise\/wp-json\/wp\/v2\/tags?post=12596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}