Slide1: York University
Slide2: IMG is the global leader in sports and entertainment management and marketing, representing the world’s most prominent athletes, artists, models, celebrities, speakers, literary figures and events.
Pioneered by Mark H. McCormack, its Founder, IMG was created in 1960 and currently employs a global staff of more than 2,600.
IMG Worldwide -- offices, sports academies and IMG managed real estate facilities -- is represented by more than 66 offices in 33 countries.
IMG Media produces and distributes over 10,000 hours of programming to more than 200 countries worldwide.
Every day of the year, IMG is involved in an average of eleven major events around the world. IMG Worldwide Overview
Slide3: IMG Worldwide Overview Talent brands Event properties Media Global services
Slide4: Academies
Action Sports
Artists
Badminton/Cricket
Broadcasting
Coaches
Consulting
European Football
Fashion
Figure Skating
Golf
Golf Course Design Services
Hospitality
IMG Live
Licensing
Literary/Speakers
Models
Motorsports
Olympics
Research - Comperio
Rugby
Special Projects
Stadium and Arena Group
Television Production
Television Distribution
Tennis
Web Design Global Areas of Business
Slide5: Client Representation:
IMG Canada manages a portfolio of premiere Canadian athletes and personalities with a focus on figure skating and golf
Corporate Sales & Event Marketing:
IMG’s event expertise covers a wide range of activities, including figure skating, fashion, tennis, golf, soccer and wakeboarding
Sponsorships are created around each event that cater to every possible budget and marketing / communications objective
Television Sales & Rights Negotiation:
IMG Canada produces, promotes and/or represents the commercial rights to over 40 events each year
IMG Canada Areas of Business
Slide6: IMG represents more than 2,000 of the world’s top athletes and personalities including Tiger Woods, Jack Welch, Maria Sharapova, Jeff Gordon, Giselle Bundchen, Peyton Manning and Celebrity Chef Ming Tsai.
IMG Canada manages a portfolio of premiere Canadian athletes and personalities with a focus on figure skating and golf.
Signature Canadian clients include:
Golf – Mike Weir, Stephen Ames, James Lepp, Ian Leggatt and Lori Kane
Figure Skating - Brian Orser, Jeffrey Buttle, Joannie Rochette, Jennifer Robinson and Shae-Lynne Bourne
Services include endorsements, appearances, charity affiliations, speeches, corporate events and more.
IMG Canada has access to IMG’s global roster of athletes and celebrities and can build a strategic program for a Canadian client.
Client Representation
Slide7: Client Representation Men Women Young adult Young male Ethnic groups C-Suite Beauty-conscious Fashion forward Sports fans IMG talent management - highlights Adam Scott
Arnold Palmer
Camilo Villegas
Jack Nicklaus
Jesper Parnevik
Justin Rose
Luke Donald
Paul Casey
Sergio Garcia
Tiger Woods
Trevor Immelman
Vijay Singh
Annika Sorenstam
Morgan Pressel
Paula Creamer
Se Ri Pak Diverse segment appeal - demographic, mindset, category, affinities, e.g. Carlos Moya
James Blake
John McEnroe
Pete Sampras
Roger Federer
Rafael Nadal
Tommy Haas
Billie Jean King
Chris Evert
Lindsay Davenport
Maria Sharapova
Monica Seles
Nicole Vaidisova
Venus Williams Football
Eli Manning
Joe Montana
L. Tomlinson
Peyton Manning
Action Sports
Shaun White
Other Sports
Carly Patterson
Jeff Gordon
Jonny Moseley
Julie Foudy
Kristi Yamaguchi
Oguchi Onyewu
Picabo Street Alek Wek
Carolyn Murphy
Daria Werbowy
Gemma Ward
Gisele Bündchen
Heidi Klum
Jaquetta Wheeler
Kate Moss
Lauren Hutton
Liya Kebede
Naomi Campbell
Stephanie Seymour
Aaron Ward
RJ
Tyler Denk
Tyson Ballou Golfers Tennis players Other athletes Models Celebrities Broadcasters
Bob Costas
Charles Barkley
John Madden
Film/TV actors
Angie Harmon
Billy Bush
Drew Barrymore
George Lopez
Hilary Duff
Liv Tyler
Mischa Barton
Speakers
Ari Fleischer
Cynthia Rowley
Jack Welch
Wayne Gretzky
Slide8: Corporate Sales & Marketing Men Women Young adult Young male Ethnic groups C-Suite Beauty-conscious Fashion forward Sports fans IMG owned/managed events - highlights Diverse segment appeal - demographic, mindset, category, affinities, e.g. ADT Championship (LPGA)
Del Webb Father/Son Challenge
Deutsche Bank Championship
HSBC Champions (Shanghai)
HSBC Women’s World Match Play Championship
LG Skins Game
The Open Championship(M)
Samsung World Championship (LPGA)
The Wendy’s Skins Game
Golf Australian Open
Bank of the West Classic
BlackRock (Merrill Lynch) Tour of Champions
Chennai Open
China Open
Gaz de Paris
Sony Ericsson Open
Wimbledon(M) Tennis Beach Games
Internatl. Skating Union
Formula D racing
Lexmark Indy 300 (Australia)
Rugby World Cup(M)
Stars on Ice
U.S. Open of Surfing
Williams F1 Team
World Series of Poker Other sports Eco Style (Kuala Lumpur)
Fashion Fringe (London)
FashionWeekLive
Fashion Week in Moscow
Hong Kong Luxury Week
Lakmé Fashion Week (Mumbai)
Mercedes-Benz Fashion Week NY-LA-Miami-Berlin
Milan Fashion Week
Rosemount Australian Fashion Week
Singapore Fashion Festival
Sydney Fashion Festival Fashion
Slide9: IMG Canada Properties Owned
Slide10: IMG Canada Properties Represented
Slide11: Existing Events & Event Creation Core Canadian Properties
Stars on Ice
Telus Skins
Wakefest
CPGA Championship
Additional Properties
IMG has global resources (athletes, properties) and global experience, which provides event content for Canada
Small properties for clients (Golf Days, Hockey Clinics)
Canadian Hosting (Cricket, Soccer)
Slide12: Existing Events & Event Creation Create new events surrounding IMG trends in other areas
Legends of Golf
Fashion – global fashion property that incorporates IMG models
Creating New Events
Break into new areas
Based on corporate experience & resources
Based on marketplace changes
Build off a client’s need
New Product Launch
Attract new demographic
Slide13: Event team manages operational logistics & client servicing for each property including:
Ticketing
Travel & Logistics
Advertising & Promotion
Venue relationships
Leveraging programs
Team consists of five (5) full-time people
Each person manages an average of 3 events at a time
Team members act as the liaison between venues, athletes, agents, television production, media, corporate sponsors and the general public Event Properties
Slide14: Events Division
Slide15: Event Execution Two sides to on-site management
Operations
Client Servicing
Operations can be planned, but are never guaranteed. Weather, injuries, travel and poor ticket sales are examples of possible issues.
Manage sponsor expectations, but create a turn-key experience
Understand sponsor objectives
Athlete/Participant expectations should be managed as well
Slide16: Operations The following are elements involved in the Operations of an event:
Venue
Suppliers
Security
Signage
Props
Production
Equipment
Physiotherapists and Supplies
Slide17: Sample POA
Event Properties
Slide18: Corporate Sales and Marketing team develops sponsorship strategy for each property including:
Rights and Benefits
Category Targets
Pricing
Sponsorship Platforms
Team consists of four (4) full-time people
Each person carries a list of 100+ companies.
Sellers are responsible for bringing all opportunities (sponsorships and endorsements) to their clients as well as developing sponsorship proposals/platforms.
Corporate Sales & Marketing
Slide19: What makes someone a good sponsorship seller:
Understanding of the marketplace
Strong marketing foundation
Ability to create customized marketing solutions
NETWORK
Communications skills – LISTENING AND WRITING
Negotiating Skills
Assertive
Outgoing Personality
Honesty
Integrity
Ability to over-deliver everything promised
Corporate Sales & Marketing
Slide20: What makes someone a weak sponsorship seller:
Little or no understanding of marketing and the marketplace
Tactical – media seller vs. sponsorship seller
Dishonest – does whatever it takes to get the deal closed
Aggressive
Template mentality
Corporate Sales & Marketing
Slide21: The Different Sponsorship Sales Steps:
Prospecting – Identifying a lead
Cold Calling
Securing a first meeting
Meet – Listen to the client
Build a customized program based on meeting
Secure a second meeting
Present customized program
Further alter/customize program
Negotiate
Close Deal
Prepare Contract
The Sales Process
Slide22: The presentation – proposal is the major selling tool.
It needs to provide all the key information on the property:
Event details
Who attends/watches the event
Past history
Current/past sponsors
Case Studies
It needs to focus on BENEFITS not FEATURES
It needs to be customized to the client
HOW CAN YOU HELP ACHIEVE THE OBJECTIVES OF THE CLIENT THROUGH THE SPONSORSHIP Building Out a Sponsorship Deck
Slide23: What is prospecting?
How do you prospect?
Other events
Media properties
Business and Current Affairs
Importance of research Prospecting
Slide24: Pricing Two things determine pricing:
What the sponsorship is worth = the value
What the market will bear!
Pricing: Pricing There is no hard and fast rule to pricing
In a buyer’s market – the buyer is looking for as many benefits for as little $
You need to convince the buyer – CFL 2001
In a seller’s market – the seller is looking to maximize the $ from the category
VANOC, NFL, Toronto Maple Leafs, etc.
Hot categories – Beer, Soft Drink and Telecom
Slide26: Cost vs. Value Synergy and Efficiency
In sponsorship – the sum of the parts are worth more than the overall sponsorship
You buy efficiency when you buy sponsorship
3:1 – $3 dollars in value for every $1 dollar spent on sponsorship
Slide27: Measurement Two things make up a sponsorship proposal:
Tangible Benefits
Intangible Benefits
Tangible – tickets, signage, television ads, pa announcements
Intangible – Associative Rights
Slide28: Measurement Much easier to measure tangible benefits vs. intangible benefits
Every asset in a proposal has a value
VANOC and NFL – Intangible
How to get more?: How to get more? Multiple parties
Develop base of category leading sponsors
Engaging and attractive sales material
Customized programs
Research on company
Maximizing Value: Maximizing Value What if the sponsor doesn’t want to pay for the full price?
Multi-year commitment
Provide deep discount on first year or first year free
Look at first year as a trial
Backload investment
Slide31: Client Servicing Secure sole benefits from sales
Obtain objectives of clients
Balance all sponsors needs and objectives
How can we use our expert event knowledge to build unique leveraging programs?
Slide32: Sample Sales Matrix
Slide33: Elements of a Successful Event (When you own the event property)
Sponsor Objectives:
Hosting
Build Brand
Sample New Products
Event Objectives:
Sell Tickets
Manage Budgets
Entertain Audiences
Manage Clients (Participatory/Sponsors)
Key is to find harmony for both
Slide34: Third Party Client Servicing Do not have ownership of the property
Less flexibility in servicing
Assist to build programs for federations that maximize growth of organization & that funds athlete development
Assist to build programs for sponsors that achieve brand objectives and maximize growth of sport
Have to balance resources (money & people) of national federations and ability to leverage
IMG currently works with:
Soccer Canada
Skate Canada
Slide35: A Strong Event Manager Understanding of the marketplace
Ability to create customized leveraging programs
Ability to multi-task
Communications skills
Quick thinking
Leadership Skills
Organizational Skills
Teamwork Skills
Outgoing Personality
Honesty
Creativity
Integrity
Ability to over-deliver everything promised
Slide36: Strong Client Servicing Facilitation
Communication
Understanding of organizational structure and objectives
Ability to over deliver
Creative solutions
Ability to become part of “their team”
Slide37: Employment in Event Management Minimum number of full-time jobs in the sports industry
Contracts are prevalent against event seasons (typically spring/summer)
Key companies
Agencies (advertising and public relations)
Venues
Professional sports teams
Corporate side
Slide38: Applying our Academic Experience Take advantage of the ability to call as a student for informational interviews. We have all been there are quite happy to help. Everyone learns new things.
The industry is incredibly small and the people you meet during your academic years will continue to cross your paths throughout your career.
Each generation brings a wealth of new knowledge and trends this is your power, internally we want to learn from you.
Take the opportunity to volunteer and learn what you have a passion to do.
Always look for networking opportunities.