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advantage and disadvantage of sport sponsoring

advantage and disadvantage of sport sponsoring Nl8Ed
The main advantage of sport sponsoring is that it builds brand awareness, as well as increases brand position. Brands can leverage marketing benefits from a sports team, athlete, or event. These sponsorship opportunities are highly visible, offering exposure to millions of consumers. They can promote marketing by getting the brand name, logo, and mission in fans when most engaged in sports. When awareness of the brand is wide enough, customers tend to believe in this product more than others, which are less popular. This fact leads brand name to gain a particular position. As a result, It’s a great opportunity to boost brand preference and expand the scale to a new geography. Another advantage is that increasing sales or revenue through increased visibility. Along with letting a company aim its sales tactics at a particular purchaser, sponsorships are a great idea for generating sales in general. The more public exposure a company has, the more likely they run into potential customers. The best places for sponsorships to generate sales leads for a company are at sponsored events such as trade shows. These sponsorships give the business the benefit of a captive audience that is already interested in the sort of things the company does, which already makes them more likely to actually make a purchase. Sports teams, stadiums, sports events, and athletes all directly drive sales. It can be accomplished as simply as giving the brand the benefit of having a concession stand in the stadium, a booth at an event, or using athletes to promote commerce campaigns. Another negative aspect of sport sponsoring would be no ensured returns. Investing in sports is completely risky. Investors can not guarantee that the whole profit will be paid back without any risks. The proceeds of this activity are very high, but it is not possible to accurately determine the measure of return on investment. Therefore, it is difficult for companies to make plans for sponsoring. Nonetheless, they can find ways to guarantee that they get what they consider to be fitting for their spending- otherwise, the project will wind up without any benefits. This factor can be considered as a disadvantage if the company wishes to maintain full control of its monetary inflows and outflows.
The main advantage of
You use this word too often, consider replacing it with
sport
sponsoring is that it builds
You use this word too often, consider replacing it with
brand
awareness,
as well
as increases
You use this word too often, consider replacing it with
brand
position.
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Brands
can leverage marketing
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benefits
from a
You use this word too often, consider replacing it with
sports
team, athlete, or
You use this word too often, consider replacing it with
event
. These
You use this word too often, consider replacing it with
sponsorship
opportunities are
highly
visible, offering exposure to millions of consumers. They can promote marketing by getting the
You use this word too often, consider replacing it with
brand
name, logo, and mission in fans when most engaged in
You use this word too often, consider replacing it with
sports
. When awareness of the
You use this word too often, consider replacing it with
brand
is wide
This phrase/word is too simple and can be replaced with:
enough
, customers tend to believe in this product more than others, which are less popular. This fact leads
You use this word too often, consider replacing it with
brand
name to gain a particular position.
As a result
, It’s a great opportunity to boost
You use this word too often, consider replacing it with
brand
preference and expand the scale to a new geography.

Another advantage is that increasing
You use this word too often, consider replacing it with
sales
or revenue through increased visibility. Along with letting a
You use this word too often, consider replacing it with
company
aim its
You use this word too often, consider replacing it with
sales
tactics at a particular purchaser,
You use this word too often, consider replacing it with
sponsorships
are a great
This phrase/word (depending on the context) can be potentially replaced with :
idea
for generating
You use this word too often, consider replacing it with
sales
in general
. The more public exposure a
You use this word too often, consider replacing it with
company
has, the more likely they run into potential customers. The best places for
You use this word too often, consider replacing it with
sponsorships
to generate
You use this word too often, consider replacing it with
sales
leads for a
You use this word too often, consider replacing it with
company
are at sponsored
You use this word too often, consider replacing it with
events
such as trade
This phrase/word (depending on the context) can be potentially replaced with :
shows
. These
You use this word too often, consider replacing it with
sponsorships
give the business the
You use this word too often, consider replacing it with
benefit
of a captive audience
that is
already interested in the sort of things the
You use this word too often, consider replacing it with
company
does, which already
This phrase/word (depending on the context) can be potentially replaced with :
makes
them more likely to actually
This phrase/word (depending on the context) can be potentially replaced with :
make
a
This phrase/word (depending on the context) can be potentially replaced with :
purchase
.

Sports teams, stadiums,
You use this word too often, consider replacing it with
sports
You use this word too often, consider replacing it with
events
, and athletes all
directly
drive
You use this word too often, consider replacing it with
sales
. It can
be accomplished
as
simply
as giving the
You use this word too often, consider replacing it with
brand
the
You use this word too often, consider replacing it with
benefit
of having a concession stand in the stadium, a booth at an
You use this word too often, consider replacing it with
event
, or using athletes to promote commerce campaigns.

Another
This phrase/word is too simple and can be replaced with:
negative
aspect of
You use this word too often, consider replacing it with
sport
sponsoring would be no ensured returns. Investing in
You use this word too often, consider replacing it with
sports
is completely risky. Investors can not guarantee that the whole profit will
be paid
back without any
This phrase/word (depending on the context) can be potentially replaced with :
risks
. The proceeds of this activity are
This phrase/word is too simple and can be replaced with:
very
high,
This phrase/word is too simple and can be replaced with:
but
it is not possible to
accurately
determine the measure of return on investment.
Therefore
, it is difficult for
You use this word too often, consider replacing it with
companies
to
This phrase/word (depending on the context) can be potentially replaced with :
make
plans for sponsoring. Nonetheless, they can find ways to guarantee that they
This phrase/word (depending on the context) can be potentially replaced with :
get
what they consider to be fitting for their spending-
otherwise
, the project will wind up without any
You use this word too often, consider replacing it with
benefits
. This factor can
be considered
as a disadvantage if the
You use this word too often, consider replacing it with
company
wishes to maintain full control of its monetary inflows and outflows.

IELTS essay advantage and disadvantage of sport sponsoring

Essay
  American English
4 paragraphs
373 words
6.0
Overall Band Score
Coherence and Cohesion: 5.5
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.5
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 7.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
Labels Descriptions
  • ?
    Currently is not available
  • Meet the criteria
  • Doesn't meet the criteria
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