Hot News
for your iPhone
for your iPad
Go to our forums to discuss this news
DATE News (chronologically)
NASCAR evaluates sponsorship
NASCAR has transformed its research and insights capabilities, giving the racing-car circuit's commercial partners - like Coca-Cola - a deeper insight into return on investment than ever before. Sean Doherty, NASCAR director/digital and social-media engagement, told an American Marketing Association (AMA) webcast audience: "The Coca-Cola Co. came to us and wanted a brand analysis for each of their drivers. They wanted share for each driver; how each one engaged with fans; and the size of their social footprint. They wanted to be able to activate their brand against a track, a race, or off site as well."

Stepping up to that challenge, said Doherty, "We had to transition from a PR department to a fully-integrated marketing communications model. We took a deep dive into the industry's position relative to digital and social media. We researched the way that fans experienced our events. And we looked at the way people consumed other sports and entertainment properties. We searched for growth markets to attract new fans to the sport. And we also took a critical look at our current portfolio of drivers."

NASCAR found a partner to give it the tools required to make this transition, as information technology group Hewlett-Packer designed and created the Fan and Media Engagement Center. This research facility features 13 screens of 46 inches in size, as well as three work stations and the analytical tools NASCAR needs to help race-car teams, tracks, sponsors, broadcast partners process more data faster. The facility provided Coca-Cola with the insight it needed, as well as securing engagement from a group of other Fortune 100 companies, including Sprint, Goodyear Tires, MillerCoors and ExxonMobil. Warc

Hot News Archives
2000 2001 2002 2003

Search Hot News
Search Help
AutoRacing1 Inc. BBB Business Review