No longer do men's sports hold a monopoly on attention and funding from major brands. In today's world, women's sports are receiving well-deserved recognition and financial backing from various companies. Not only does this benefit the athletes themselves, but it also proves advantageous for the sponsoring businesses.
Women's sports have long needed more funding and promotion, leading to an uphill battle for equitable treatment. Fortunately, notable corporations like Nike, Adidas, Ally Financial, and Under Armour have stepped up their support for women's sports in recent times. In addition to sponsoring female athletes, these companies are innovating new products specifically designed for the needs of women in sports.
A primary motivation behind brands investing in women's sports is the expanding market prospects. Traditionally, sports advertising has not heavily featured women. However, as gender norms evolve, the audience for women's sports is rising. As a result, brands view women's sports as an untapped market with immense growth potential. In this expanding landscape, businesses that allocate resources to women's sports have the chance to reach new audiences and cultivate a devoted brand following.
As stated by a SportsPro Media article, Burnley Women's team has achieved over one million views on TikTok Live. Utilising the platform, the team has shared exclusive training footage, interviews, and behind-the-scenes content for fans. This accomplishment showcases the influence of social media and the significance of captivating viewers with inventive material. It further emphasises how sports teams can utilise technology and digital channels to cultivate their image and establish connections with audiences through fresh and stimulating methods.
Additionally, the promotion of women's sports by brands can lead to a positive brand image as they align themselves with female athletes. This not only showcases support for women's empowerment and inclusivity but also associates the brand and its products with these values. Effective targeting of the women's sports market can enable companies to utilise this positive association to drive sales and gain a competitive edge.
In addition to the positive effects of accomplished female athletes, brands also invest in women's sports due to its influence on young girls. These sports serve as a source of inspiration for girls, showing them that they too can become successful, empowered individuals. This has not gone unnoticed by parents who are now purchasing more sports gear and clothing for their daughters. As a result, companies endorsing female athletes and producing items specifically for women's sports have the opportunity to tap into this market and establish a devoted customer following.
The recognition of women's sports by brands is finally catching up globally, creating fresh opportunities for businesses brave enough to invest. With the growing attention in this market, women are being empowered, and young girls are being inspired to pursue a future without limitations. This trend demonstrates that more and more companies will come to recognise the vast potential of women's sports, not only as a lucrative market but also as a means to promote gender equality. By putting resources into women's sports, brands can simultaneously reap benefits for themselves while contributing to this crucial shift in society.
If you are looking for opportunities to sponsor women's sports get in contact today and we can assist with your strategy. Contact us at hello@agencyx.com.au to schedule a time.