Strategy and Sausages:
A British Strategic Planner in Germany
Saturday, 13 October 2012
Going to extremes
Although celebrity tie-ups and sponsorships can bring a brand real rewards if used well, there are always those worries when entering into this type of partnership. Will it really do something for my brand, or will our marketing budget simply boost the celebrity's fame and do nothing for us? What if the celebrity in question turns out to be Bad News? I can't be the only one cringing when I think how Jimmy Savile dominated advertising in the 70s and 80s. Or what about all those doped cyclists?
In the case of a sponsorship - what if something goes wrong? This consideration is enough to stop many potential sponsorships in their starting blocks with some of the riskier sports.
But there is one brand that appears to be as fearless as the extreme sportsmen that it sponsors - Red Bull. The brand has built is image consistently and courageously through an association with unusual and extreme sports.
The latest example is the Red Bull Stratos Mission, in which sky diver Felix Baumgartner will attempt to break the speed of sound in a spectacular sky dive - and a record that is now over 50 years old. All of this at huge personal risk.
It's currently scheduled for tomorrow and, whatever happens or whatever you may think of Mr Baumgartner, no-one can accuse the brand Red Bull of not having balls.
When I was little, I wanted to be a spy. I got off to a good start, studying Psychology at Trinity College, Cambridge but somehow got side-tracked into the wonderful world of advertising and marketing.
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