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Gift Corvette Given to Near-Perfect Pitcher Amasses $8.9 Million of Exposure Value for General Motors
ANN ARBOR,
MI, June 8, 2010 – General Motors’ presentation of a $53,000 Corvette
convertible to Detroit Tigers pitcher Armando Galarraga last week following his
“almost” perfect game earned the automaker national praise, some political
criticism and an impressive $8,934,885 of media exposure value.
According
to research conducted by Joyce Julius & Associates, Inc., which has
specialized in measuring the scope of sponsorships across all forms of media for
25 years, General Motors and its Corvette give-away were referenced during 714
television programs from last Thursday’s on-field presentation through this
past Sunday. When compared to the cost of reaching the same size audience
through traditional advertising, GM garnered an in-broadcast television exposure
value of $999,885.
Joyce
Julius also monitored mentions of Corvette and Galarraga in print articles and
on the Internet. All told, the car
brand appeared in more than 151,000 publications and web entries over the
four-day period, leading to another $7.9 million of exposure value. GM resumed its long-time sponsorship of the Tigers this spring after a one-year hiatus. Last season, club owner Mike Illitch waved all fees and opened up signage locations in the GM-sponsored center-field fountain area at Comerica Park to fellow Detroit-based autos Ford and Chrysler. The prime location is estimated to collect in-broadcast exposure value of $2.5 million annually from national and regional game broadcasts. About
Joyce Julius & Associates, Inc.: --###-- |
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