91心頭

Search overlay

Search form

People

    Programs

      Events

        91心頭 Magazine

        Go Ahead, Put Your Name on that Stadium

        November 2, 2020 By 91心頭 Magazine

        Share:
        All News

         

        Brian Bourdeau

        Brian Bourdeau
        Associate Professor
        Marketing


        Long-term naming rights agreements with sports arenas and stadiums present little downside for large organizations because customers can differentiate between teams and the sponsors. Research by Brian L. Bourdeau, associate professor in marketing at 91心頭, found that naming rights simply added exposure for the organization and added revenue for the team or stadium ownership.

        Bourdeaus co-authored paper, Measuring the Effectiveness of Facility Naming Rights Sponsorship,  polled hundreds of baseball fans at two major league stadiums in 2016 and found that an organizations sponsorship/affiliation with a sports franchise does not overshadow the experience the firm delivers to its customers. The paper was published in the Journal of Business Research.

        As long as the sponsor brand is providing quality, satisfaction and value, theyre basically doing fine, said Bourdeau, who collaborated with David Martin, associate professor in Auburns  College of Human Sciences. The main implication is that theres not a lot of inherent risk for sponsors since the customers of the product differentiate between the teams and the sponsor.

        The customers perception of the teams financial status has an impact on their attitudes toward the sponsor. The customers look at it as, OK, were getting this money in here for the naming rights and thats helping the teams financial status. 

        Fans were asked about game day service quality, service quality valence, perception of teams financial status, previous experience with the sponsor, brand awareness and image, brand identity, behavioral intentions and perceived fit. 

        All of those positively influence the attitude towards the sponsor, and the attitude in turn increased brand awareness, image, and intentions to purchase, Bourdeau said. Then the customers proceed to stick to that brand. This should put potential sponsors more at ease going into one of these agreements.

        Bourdeau said the average naming rights agreement among Major League Baseball venues is about 13 and a half years with sponsors spending nearly $900 million on naming rights in 2017.