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Sport spend on the rise: Nielsen 2022 Sponsorship Outlook
Sponsorship analytics and fan intelligence firm Nielsen Sports has released its insights on the Australian and New Zealand sponsorship market and found sponsorship spend has increased in 2022, rising to 21.3% of total marketing budget, compared to 19% last year, reaffirming the year’s positive trend and bolstering stakeholder confidence.
The research on opportunities for better alignment between sponsors and rightsholders, maximising partnership success, and identifying the key trends most likely to impact the the industry in 2023 and beyond.
Head of Nielsen Sports for Pacific, Scott Gillham, said: “Nielsen’s Annual Sponsorship Outlook Survey, now in its third consecutive year, takes inputs from leading brands, agencies and rightsholders in Australia and New Zealand to help them build better sponsorship strategies.
“Encouragingly, it shows increased positivity and optimism from all stakeholders – a sign the industry has found its feet again, and continues to grow after a challenging couple of years. While sponsorship investment continues to grow, it’s still not quite at pre-Covid levels, and revenue growth for rightsholders could also be better, so we’ve placed particular focus on key growth opportunities beneficial to all stakeholders, and areas where efficiencies and ROI can be improved.”
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Nielsen’s Sponsorship Outlook also highlights the increasing importance of Brand Impact (up +25% pts on 2021) and Independent Research (up +25% pts on 2021) when measuring the performance of partnerships, suggesting accurate sponsorship ROI measurement is quickly becoming a must-have.
Related story: Nielsen’s list of the most valuable brand exposure and assets in sports broadcasting
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marketing budgetNielsenNielsen SportsNielsen’s Sponsorship OutlookScott Gillhamsponsorshipsportssports sponsorship
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