Sports Business Predictions to Keep an Eye on in 2012
Monday, January 2, 2012 at 09:14PM A new year is upon us and while there are many unknowns, especially given the advent of new technologies, I wanted to share a few predictions for 2012 that will be important to keep in mind throughout the year. Hope you enjoy:
2012 Sports Industry Outlook
The sports marketplace will be driven by mobile marketing, social TV, industry consolidation, and globalization in 2012.
Mobile marketing will continue to shape the sports industry as properties and brands look to optimize their mobile offerings, develop robust applications, and deliver content in new ways. Organizations will look to augmented reality, social gaming, and geo-location based services to serve as new means to engage fans. In turn, fans will continue to embrace the TV Everywhere experience and access live, streaming and On Demand content via their mobile phones, tablets, and other devices on the go.
Brands and properties will continue to invest in the social media space as fans gravitate to the notion of social TV creating a communal viewing experience that delivers real-time engagement, insights, and unique vantage points. Properties will sharpen their social media focus in 2012 by developing smarter, more holistic strategies, hiring dedicated personnel, and creating their own monetization models by integrating corporate partners.
The sports marketplace will also be impacted by the effects of industry consolidation, aggressive rights acquisition strategies, and globalization. Networks will continue to form partnerships in an effort to build robust platforms to host premiere events (e.g. Olympics, World Cup, etc.) while teams will dedicate time and resources to build out video content distribution strategies that reach fans across the world.
The London 2012 Olympic Games will be touted as the sports story of the year while the Barclays Premier League, UFC, and college athletics will continue to grow their businesses significantly in new markets worldwide.
In addition, I wanted to share a terrific powerpoint that Tomas Janca created outlining his thoughts and predictions for the New Year. Tomas does a nice job incorporating examples and imagery to support his predictions, creating a nice illustration for what sports marketers can expect in 2012. Check it out below!
