SRi assignment: establish consumer impact benchmark and perform valuation assessments

 

 

 

Methodology

 Event/Spectator Research and Property Valuation

Category

  Automotive

Client Goals

 Create a program to allow for a full analysis of the sponsorship portfolio — from consumer response to the value of the tangible and intangible aspects of the sponsorships

 Identify the strengths and weaknesses of properties within the portfolio

 Gain insight into effectiveness of activation elements

Realities

 Currently a sponsor of numerous and diverse properties

 No consistent customized research program in place to evaluate impact and determine an overall value (both in terms of dollars and intangible elements) across entire portfolio

SRi Strategies

 Quantitative Consumer Analysis:

    • Create a standardized questionnaire template to develop benchmarks and to enable comparisons between various properties on year-to-year basis
    • Perform on-site recruitment and re-contact methodology with control group comparison
    • Measure sponsorship awareness, participation in Client activities offered on-site, opinion and consideration of Client, sponsorship influence on opinion, consideration and familiarity

 Valuation:

    • Media analysis and full property valuation for each property
    • TV analysis includes legibility efficiency analysis — looking at how efficient different sources of exposure are based on the percentage of presence time they are actually legible on-screen
    • Media value discounted to accurately reflect reach of different sources (i.e. apparel, signage, on-screen graphics)

Measurable Results

 Client gained insight into event attendee response as well as how the sponsorship moves key measures (i.e. opinion and perceptions) in comparison to the control group

    • Allowed for ability to make comparisons between the various events and creation of overall and event-specific norms
    • Property valuation allowed for cost/benefit analysis comparing sponsorship value with actual rights fees