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T-minus 24 days to my favorite day of the year ' Superbowl Sunday! There is nothing better than the culmination of 17 weeks of gridiron mayhem complete with 3 weeks of playoffs where anything can happen ' hello Seahawks! However, this very well might be the last NFL event we get to watch and enjoy before the looming lock out. While the thought of having a fall season without NFL RedZone makes me sick, dedicated fans like me aren't the only ones losing out as the NFL season touches more than just their fans and players. The domino effect of the lockout is staggering, as almost every industry, big or small, is impacted by football in some way. On Monday, AdAge reported that lost revenue in the ballpark of $12 billion.1 That's a lot of beers and pretzels that won't be sold in stadiums next season. In addition to lost ticket sales and Sunday Funday bar tabs; Las Vegas will take a huge hit, as will the Mom & Pop Pizzeria in town that spends all day Sunday delivering to fans hungry from cheering their team on all day. It's easy to forget that when it comes down to it, the NFL is a business, and they are going to do their best to protect their interest and make sure that money stays in their pockets. From here, it will be interesting to see how sport sponsorships are approached by potential clients in the future. I won't be surprised if all sports sponsorships suffer after this, as it is hard enough measuring ROI on a good day, you can't measure something that isn't there. Where is the incentive for a company or city to shell out millions of dollars to be a sponsor of a sport or event that could potentially fall apart and disappear ' who remembers 2004? As a result of the 2004 NHL lockout, an estimated $2 billion in revenue was lost from tickets, media, sponsorships, and concessions by teams.2 The city of Atlanta alone lost out on the 2005 NHL All-Star game, which usually generates between $15 million and $18 million in revenue for the host city.3 Yikes bikes. While I did receive Commissioner Goodell's email to fans last week explain in his commitment to avoiding a lockout, I'm still scared. (And by scared I mean terrified.) On the bright side March 1st, the deadline for the NFL and Players Associate to renew their collective bargaining agreement, is still more than a month away. And until then, I will savor everything the NFL has to offer what's left of this season. And last, but certainly not least ' GO PATS! Sources: 1 Over $12B at Stake if NFL Lockout Prevent 2011 Season 2 The hockey lockout of 2004 ' 05 3 Cancellation is a serious blow to fans, host city
As we slowly move from summer into fall, the changing of the seasons means many things; leaves changing colors, apple picking season, new TV shows, 2010 planning, and FANTASY FOOTBALL SEASON IS BACK BABY!! This is the year I will completely dominate my league in a flurry of trash talk and virtual high stepping as I mock and embarrass any team that is pitted against WWDD (What Would Ditka Do?). I spent hours upon hours researching who the 3rd string running back for the Cleveland Browns is in preparation for a 4 hour live draft, and track injury reports weekly to see if Anquan Boldin's hamstring is feeling any better today. Why do I do this? Well, if I win, I receive a bobblehead doll that is likely valued at about .73 cents, of course! At least I know I'm not alone in my ridiculous pursuit of Fantasy Football greatness. According to the Fantasy Sports Trade Association there are approximately 27 to 40MM people in the US playing fantasy sports. And Fantasy Football is big business ' with an economic impact of approximately $1 to $2 billion annually. There's even a TV show launching on FX this Fall called 'The League'?, which is centered entirely around Fantasy Football. So, as marketers, what can we learn from people who spend huge amounts of time pretending to be a General Manager of a pretend football franchise? Outside of starting up a fantasy office pool (with the first pick I'll take Jim in Accounting, lots of upside there, knows excel very well, punctual to meetings and can type 80 wpm) there is a simple and intuitive strategy built into the fantasy football machine that can translate to any business ' when you create an experience that is personal and relevant to consumers, they will come. Ok, I know that's a baseball analogy ' but as an example I (or most of the football loving population for that matter) would never in the past have cared about a Tampa Bay vs. Cincinnati game, but now that I have Cadillac Williams and Chad Ochocinco on my fantasy team AND I'm playing for a .73 trophy, I can't help but watch. It has fundamentally changed the way fans interact with the NFL product as not just one game every week matters ' every game now matters. We executed a campaign to drive viewership for the NBC Olympics built from a similar strategy. How do you get 18-34 year olds to tune into sports they never played growing up, with limited awareness, that aren't the core four (baseball, hockey, football, basketball)? We made the experience relevant to consumers by focusing on the athlete's lifestyle interests rather than the Games themselves. As an example, many consumers are unfamiliar with the sport of shot putting, and it's a sport without a large audience. Our goal was to leverage USA Shot Putter Reese Hoffa's personal story and hobbies as a way to get people interested in him and follow his journey to and through the Games. As it turns out Reese is an avid gamer, so we created customized angles to reflect his life beyond his sport, and he was pitched and placed on a variety of Gaming outlets including Kotaku.com and Wired.com. We did this for many of the athletes across many lifestyle channels (surfing, being a pet owner, playing poker, being in a band, and more) as well as personal backgrounds (ethnic heritage, relationship with parents, being a parent and unique tales of overcoming the odds) and in the process helped drive record viewership for the Games. So as we head into the 4th quarter, if you're looking for ways to put points on the board with your consumers, consider creating experiences for them, which they can relate to on a personal level, and will become part of their life experiences.