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Commercialisation and Globalisation

Sponsorship, marketing and the sporting goods market

  • 3 things to know
  • A2 Unit 3

Overview

The sporting goods market, Nike and Adidas, star endorsements, sports marketing, the golden triangle, corporate hospitality, ambush marketing, exclusive deals, global brands and social media marketing.

What you need to know

Answer each one before you reveal it.

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Key term

How has the sporting goods market grown?

Key term

How did Nike become a major multinational company?

Numbers

How did Adidas become a major multinational company?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    How has the sporting goods market grown?

    Model answer

    Sportswear and equipment are now sold worldwide as fashion as well as sport. Global brands dominate the market.

  2. 2

    How did Nike become a major multinational company?

    Model answer

    Nike grew from a small American running-shoe firm into a global brand. Nike used star athletes and advertising to build its image.

  3. 3

    How did Adidas become a major multinational company?

    Model answer

    Adidas was founded in Germany in 1949 by Adolf Dassler. Adidas grew by supplying and sponsoring major teams and events.

  4. 4

    Why do sportswear brands sign star performers?

    Model answer

    Stars give brands global exposure and credibility. Fans buy products linked with their heroes.

  5. 5

    What is endorsement?

    Model answer

    Endorsement is a performer promoting a product in advertising. The performer lends their image to the brand.

  6. 6

    What forms of sports marketing do businesses use?

    Model answer

    Businesses use sponsorship, endorsement, advertising, merchandising and hospitality. Social media campaigns are now common too.

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