Are you willing to sponsor?
Are you ready to explore the transformative power of athlete sponsorship for your brand? Click here to learn more about how sponsorship can help brands grow and thrive in the exciting world of motorsports.
By Silvia Schweiger| Posted March 10, 2022 | In Marketing Sportivo
We are often asked if we are an agency that provides entertainment marketing services, what the Anglo-Saxon world very accurately calls “entertainment marketing services.”
When asked this question, we realize that there is still a lot of confusion about the roles and competencies of agencies when it comes to entertainment and sports-related events. They are two very close and related worlds, and this is confusing, but in terms of services and skills, they are actually very different. Certainly there are points of contact and similarities in the type of work, sports is actually considered a real form of entertainment.
The differences, however, especially in terms of expertise, are quite stark.
So let’s start at the beginning and try to make it very clear who does what and the specific areas of work and action of both.
When we think of entertainment, a myriad of fun things certainly come to mind.
From music, dance, theater to magic shows, comedians to celebrities, influencers to all performances that mix these and other elements; in short, everything that entertains and entertains us as consumers and customers.
And it is exactly on this point that entertainment agencies base their work: they are responsible for creating and organizing events and activities that entertain a specific audience in a specific context, often creating them ad hoc.
If we talk specifically about marketing, entertainment agencies offer advice to companies that want to organize an event to entertain or engage their target audience.
There are two types of audiences or targets for which entertainment companies hold events:
companies, and thus corporate events, and the consumer, and thus consumer events.
Corporate events are all those events that a company organizes for its internal audience, stakeholders, customers, suppliers, etc.
Some classic corporate events include, for example: the annual/semiannual convention, a special anniversary celebration (the company’s 25/30/50th anniversary), the launch or relaunch of a new product or line or brand, a major acquisition or partnership, a national or international trade show, and so on.
Falling under the category of consumer events are all events through which companies and brands seek to connect, engage and entertain the end consumer.
Again, the occasions for holding a consumer event are many and vary by company and brand: a product launch or relaunch, trade show, presentation of a new collection, anniversary celebration, or simply the need to interact more directly with the consumer.
For both corporate and consumer events, entertainment marketing companies then offer the company or brand a range of options for building a tailored event using specific entertainment elements such as:
musical events, performances with artists, dancers, comedians, celebrities, parties with DJs, illusionists, magicians, circus performances, shows with illusionists. But also cooking experiences with celebrity chefs, experiential events where guests are actively involved in doing something.
For some large corporate events, live concerts with international artists are organized in prestigious and exclusive locations. Or aerial shows with acrobats and circus performers, shows with famous comedians, gala events with exclusive guests, dance shows with DJ sets. In short, total space for creativity.
What about digital? How is it positioned with respect to entertainment marketing?
With the growth of digital, we have also seen the emergence of new figures and new modes of entertainment, and agencies have adapted and structured themselves to provide these services as well.
You need only think of the increasingly strategic role of influencers and brand ambassadors. They have become real media for companies and brands, which use them for online and offline events.
With the pandemic, moreover, agencies have become full-fledged entertainment media agencies, capable of providing services and creating both real and virtual events.
How many times have you, if you work in a business but also as a consumer, been invited to food and drink experiences, or virtual concerts, or meditation classes with a famous motivational speaker.
Therefore, we can summarize by saying that from the real to the virtual, when a company needs to organize an event, it should rely on an agency that provides entertainment marketing services.
The larger and more complex the events the company plans to organize, the more the choice will fall on a top entertainment agency with a solid background and lots of experience.
As I have said many times before in this blog, sports is considered a major form of entertainment that thrills and excites hundreds of millions of people around the world.
Sports marketing agencies, such as ours, therefore offer advice to companies that want to use sports as a marketing and communication tool to do brand awareness or to interact and engage their target audience more effectively and thus increase visibility and sales.
A company consults a sports marketing expert when it wants to use sports as a communication tool for the company itself or for a specific brand.
A sponsorship program, on the other hand, has a longer time span; the Formula1 or MotoGP championships last approximately 9 months, and take place in various countries around the world. Soccer championships have a season of more than 10 months, the tennis tournament season lasts about 11 months, and these also take place in various countries around the world. So sponsorship and event management and activations of it also have a longer duration. They have to be planned, organized and managed in a completely different way than an event on a specific date.
There are many points of contact, and among the main ones we point out 4:
Absolutely. It often happens or has happened to us that a client wants to organize an event that involves specific services related to entertainment marketing, rather than sports, and then we may ask for support or recommend a specific agency. The choice can be made based on the type si of services and based on the location where the event is being held; if it were to be Los Angeles, for example, then a Los Angeles entertainment agency would be selected.
If, on the contrary, a company had an interest in investing in a sports sponsorship, then the entertainment agency should recommend aspecialized sports marketing agency.
It’s kind of like when you go to the doctor; based on what you have, he refers you to the right specialist. I don’t think you would go to an orthopedist if you had a problem with a tooth, or would you?
So if you are a company or a brand manager and you want to invest in sports sponsorships, make sure you select and talk to the right stakeholder who has the right expertise and skills.
The same is true for an entertainment event.
If this topic interests you and you would like to know more, please feel free to contact us.
Are you ready to explore the transformative power of athlete sponsorship for your brand? Click here to learn more about how sponsorship can help brands grow and thrive in the exciting world of motorsports.
Associate Director, Executive Marketing and Commercial at RTR Sports Marketing, a London-based sports marketing company specializing in motorsport for over 25 years. Without sports, life is boring
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By doing so, we are convinced that we are shortening the value chain, saving time and money. However, these DYI methods are anything but risk-free and what initially appears to be a competitive advantage soon turns into a problem that is difficult to resolve. That’s why there are agencies. And this is why you should rely on us for your sponsorships.
When first approaching a sponsorship or sports marketing project, it is difficult to know immediately which stakeholders are correct, what the decision flow is, and what the right timelines are for each process. Sports is a very specialized field of action, and fitting effectively into its paths can take a lot of time and therefore money. We, on the other hand, know referents and spheres of action and know who to talk to, when and how. So you are also more effective.
Sports is an immense passion, and for our heart colors we would be willing to do anything. But business is a different business, and it is important to make the best possible strategic decisions based on independent research, statistics and reliable data. A sports marketing and sports sponsorship agency like RTR has an objective, 360-degree picture of the scenario and can tell you what is really best for you: which sport, which athlete, which team. This is because we possess a great deal of data and information on ratings, segmentation and attitudes. Because the numbers don’t lie. Never.
Activations are the real heart of sports sponsorship. Without them, there remains only a blank sticker on a motorcycle, car or uniform and no contact with the public, no emotional connection, no impact on the bottom line. Then how do you do it? It certainly won’t be the teams or the athletes who will help you leverage sponsorship and enjoy the many marketing rights you have paid for. To bring out the best in a sports marketing project you need an agency that knows how to use sponsorship to engage the fanbase on the Web, to reach out to Shopping Centers, to organize hospitality, to develop B2B and B2C opportunities, and to get “your” athletes in front of millions of potential consumers.
Would you ever go to the dealer who sold you the car and ask if the competitor’s car is better? No, of course. So, how do you expect to get firm measurements of the effectiveness of your sponsorship if you do not rely on someone super partes? At RTR, we have always worked with independent third-party agencies that allow us to know the return on any exposure of your brand on TV and in the media. In addition, we believe in calculating ROI as the ultimate measure of your success-so we can tell you for every penny you spend how much you are making.
We have been involved in sports sponsorship and sports marketing for more than 15 years. We are consultants in the sense that our goal is to maximize your investment, but we are also an agency that manages the project from start to finish. We have been doing this since 1995 with passion and professionalism, following three principles that have become cornerstones of our business: independence, verticality and transparency.
I would like to highlight the fact that one of the qualities of RTR is its great ability to approach the sponsorship scenario strategically, together with its passionate attitude, its amazing enthusiasm for solving problems, and its high level of professionalism.
Gianluca Degliesposti
Executive Director Server&Storage EMEA
Eurosport is truly delighted with its business relationship with Riccardo Tafà, who has become extremely popular, thanks to his detailed knowledge of the sports marketing sector and his highly diligent attitude to work.
Francois Ribeiro
Commercial Director
Passion and Expertise are the features that I have found in RTR since the very beginning. Serious and reliable professionals but also very helpful, nice and open-mind people, willing to listen and compare different ideas. All the values in which RTR believes make this agency a partner, not just a supplier, a partner with whom we have had the opportunity to achieve significant commercial results in term of success and image.
Luca Pacitto
Head of Communication
We have been working with RTR Sports Marketing for over 10 years. The objectives and the programmes of collaboration continue to be renewed and to grow with mutual satisfaction. I believe RTR is a team of great professionals led by Riccardo Tafà, who I consider a manager of exceptional skills and with a great passion for his work.
Lucio Cecchinello
Team Principal
I have known and worked with Riccardo Tafà since 1995 when we collaborated for the first time on a project for the Williams Formula 1 team. Several clients followed. After leaving Williams to work for Gerhard Berger then owner of the Toro Rosso F1 Team, I turned again to Riccardo to seek his help in finding a tool supplier for the team and Riccardo duly obliged with an introduction to USAG, a partnership with Toro Rosso which endured for five years. I recently started a new role as Group Commercial Director for the renowned Andretti Autosport organisation and I find myself working with Riccardo once again on a number of interesting projects. Why has this relationship with Riccardo endured ? He’s smart, knows the commercial side of sport inside out and back to front and he’s honest and trustworthy. Riccardo Tafà is a “doer” not a “talker”: in over 20 years I have never had a dispute either with him or with a company that he has introduced and each partnership introduced by Riccardo has delivered quantifiable ROI to rights holder and sponsor alike. I can think of no better testimonial of Riccardo’s diligence, knowledge, contact base and hard work than that.
Jim Wright
Group Commercial Director
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