The Marketing Arm Launches New Sponsorship Evaluation Index
According to
"Historically, our industry has relied heavily on speculation and assumptions when making sponsorship decisions," said Belmont. "The SPI replaces hunches and guesstimates with valid and reliable data. Because it was created from the brand's perspective, it presents marketers with apple-to-apple property comparisons on factors that are most relevant to sponsors and serves as a baseline analysis for measuring the value of a sponsorship to a brand."
Designed to strategically identify properties that will enhance brand messaging initiatives, the SPI relies on nine key indicators to determine a property's sponsorship success potential and, ultimately, return on a sponsor's business objectives: Appeal, Avidity, Awareness, Breakthrough, Endorsement, Excitement, Influence,
"These are the brand-centric sponsorship attributes chosen by brands and agencies as the key drivers determining a property's ability to influence brand affinity and consumer purchase intent," said Belmont.
The SPI features three primary metrics: An SPI score, which is the average of eight key attributes; a "Passion Score," a metric that provides a quick read on a property's potential to connect with consumers; and Effective Reach, which determines the most viable coverage that a property can reasonably expect to attain.
"From our perspective, the SPI helps us in two ways," said
Updated quarterly, the SPI's comprehensive online database features advanced search and filter functionality, allowing subscribers to cross-tab data by demographic (gender, age, HHI, and ethnicity), attribute (Avidity, trust, etc.), and category (league, team, venue, and major sporting event), as well as providing comparison and trending capability.
"The index allows us to assign an actual score to the properties in our North American portfolio," said
The science behind the SPI is robust. The Marketing Arm began by validating and weighting the issues that are most important to corporate stakeholders who are responsible for on-going sponsorship.
Next, the agency statistically grouped those findings into the resulting nine attributes. Each property was then evaluated by up to 1,000 US or Canadian consumers to form the initial baseline. Cumulative results from each quarterly survey will be added to the SPI database. Beginning in 2012, the SPI will revert to a rolling average methodology to keep consumer perceptions of properties current and accurate.
"Brand marketers now have a systematic approach for quantifying sponsorships," said Belmont. "Sponsors can leverage the SPI to make better decisions through deeper insights and plan their marketing spend more strategically."
About The Marketing Arm
The Marketing Arm (www.themarketingarm.com) is a next-generation promotion agency that harnesses the power of emotion to make brands more engaging. The agency provides best-in-class consulting that spans nine emotional platforms within entertainment, sports, multicultural, and cause marketing.
With a focus on sophisticated planning across all promotional channels, The Marketing Arm develops comprehensive integrated marketing programs for more than 100 blue-chip brands. Among its 22 capabilities are wireless marketing, shopper marketing, content creation, sponsorship consulting, consumer and corporate events, and digital word of mouth and social media.
The agency topped Promo magazine's list of the most creative agencies for 2010 and over the last four years its client work has won more than 75 major industry awards and honors, including a Cannes Gold Lion, the Promotion Marketing Association's Gold Reggie Award, and a Gold Effie Award. In 2011, The Marketing Arm was honored by
Named by Workplace Dynamics as one of the top places to work, The Marketing Arm has a distinctive culture that touches a 400-person corporate staff in its offices in
About
CONTACT:
The Marketing Arm
+1-214-259-3200
[email protected]
SOURCE The Marketing Arm


Jumbo Employers to Maintain Health Insurance Coverage for Employees According to New Research From The Benfield Group
Advisor News
- SEC nears settlement with accused scammer Tai Lopez
- The 3 things that shrink your Social Security income
- Proposed legislation takes aim at Social Security shortfall
- The overlooked retirement security risk that must be addressed
- What advisors should know about hedge funds in retirement planning
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
- Built-in guaranteed annuities: What advisors should know
- Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
- Why job boards are failing insurance agencies
More Annuity NewsHealth/Employee Benefits News
- UnitedHealthcare launches spending account benefit
- Afternoon Briefing: Health insurers propose double-digit-percentage price increases
- Health insurers propose double-digit-percentage price increases for Illinois exchange plans
- Anthem Establishes Coverage of C2N Diagnostics’ PrecivityAD2® Blood Test for Alzheimer’s Disease Evaluation
- Reynolds creates Iowa Medicaid fraud task force
More Health/Employee Benefits NewsLife Insurance News
- AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
- Reliance Matrix Expands Employee Navigator Integration with New Evidence of Insurability (EOI) API Enhancement
- How AI is changing the insurance claims process and what it means for accident victims
More Life Insurance News