|
Phelps’ Historic 8-Day Olympic Whirlwind Generates $24 Million of Media Exposure for Sponsoring Brands
ANN ARBOR,
MI, August 22, 2008 –Michael Phelps’ eight-night gold medal
run at the Beijing Olympics saw brands associated with the swimmer amass a
combined $19 million of in-broadcast exposure value during NBC’s primetime
telecasts, and another $5.1 million of exposure value stemming from articles
appearing during the same time span in print publications and on the Internet.
According to research conducted by Joyce Julius & Associates,
Inc. — which specializes in measuring the impact of sponsorships across all
forms of media — Nike, Speedo and Visa logos combined for 12 minutes, 41
seconds (12:41) of on-screen time exclusively from apparel worn by Phelps during
NBC’s coverage, beginning Saturday, August 9, and running through his final
gold medal triumph on Saturday, August 16. One
way Joyce Julius determines exposure value is by comparing the in-broadcast time
the brands garner to the estimated cost of a commercial spot during the
telecasts.
A warm-up jacket worn by Phelps during each of his medal ceremonies
accounted for all of Nike’s time with the swimmer, as the familiar swoosh was
monitored for 8:19, leading to an exposure value of $12.5 million.
Speedo logos on Phelps’ warm-up jacket, swim cap and bodysuit and
a hat landed the brand 4:19 of airtime and $6.5 million.
Meanwhile, Olympic restrictions prevented Phelps from wearing Visa logos;
however, NBC’s highlight montages of the swimmer’s career did produce a
smattering of in-broadcast exposure for his sponsor.
During the eight days Phelps competed, his sponsors also enjoyed a
media surge ranging beyond the event broadcasts.
For example, Speedo benefited from press coverage surrounding a
performance bounce they established with the swimmer, as text mentions of the
brand and Phelps together appeared within nearly 600 print articles and 3,500
stories monitored on the Internet. This
coverage alone provided Speedo with an additional $3.5 million of exposure
value. Brand
NBC In-Broadcast Exposure
Print/Internet Exposure
Combined Total Speedo
$6,475,000
$3,488,750
$9,963,750 Visa
$75,000
$933,250
$1,008,250 About
Joyce Julius & Associates, Inc.: --###-- |
||