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Terrell Jones - Head of Sports Strategic Partnerships at Flexpower - on how to be strategic with your endorsement budget with an economic recession looming, and how being smart with your money is crucial regardless of the situation.
He shares his preference for targeting up-and-coming athletes that "grow with the company," and gives some examples of deals he's seen go wrong due to the brand having insufficient information.
We know that in a recession, brands that continue or increase marketing spend, see a 2.5x increase in sales, compared to competitors who cut back. Learn more in our guide to recession-proofing your sponsorship strategy: https://nvgt.com/blog/recession-proofing-your-sponsorship-strategy-2023/
Listen to the full episode here: https://nvgt.com/podcast/?ppplayer=98f56b6dd6dca41729f186d12a4d1251&ppepisode=a6e9de81e68969273683f9a4960990ed
For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.
4.8
6464 ratings
Terrell Jones - Head of Sports Strategic Partnerships at Flexpower - on how to be strategic with your endorsement budget with an economic recession looming, and how being smart with your money is crucial regardless of the situation.
He shares his preference for targeting up-and-coming athletes that "grow with the company," and gives some examples of deals he's seen go wrong due to the brand having insufficient information.
We know that in a recession, brands that continue or increase marketing spend, see a 2.5x increase in sales, compared to competitors who cut back. Learn more in our guide to recession-proofing your sponsorship strategy: https://nvgt.com/blog/recession-proofing-your-sponsorship-strategy-2023/
Listen to the full episode here: https://nvgt.com/podcast/?ppplayer=98f56b6dd6dca41729f186d12a4d1251&ppepisode=a6e9de81e68969273683f9a4960990ed
For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.
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