Tiger Woods. Photo by AP.
Tiger Woods' return to the golf course is a long-awaited
boon to sponsors that stood by him and marketers who stand to
get big exposure from the big Masters audience.
Woods dropped out of the golf world last December after
revelations of his infidelities made him a mainstay of lurid
headlines and left his value as an advertiser in shambles.
Several of his sponsors, including accounting firm Accenture
and telecommunications company AT&T, dropped him. But
companies that banked more directly on his athletic prowess,
such as Nike Inc and Electronic Arts, stuck by him. The
payoff could be coming.
"He starts the journey back now," said Rick Burton, former
chief marketing officer of the US Olympic Committee and a
sports marketing professor at Syracuse University.
"Instead of being tabloid fodder for his non-athletic
activities, he goes back to what he started out to be, which
was an athlete."
Both Nike and Electronic Arts said in written statements
today they looked forward to seeing Woods return to golf.
It's especially timely for EA, whose next edition of the
video game "Tiger Woods PGA Tour" is in testing and scheduled
for release in June.
"Nike can probably imagine nothing better than Tiger coming
back, withstanding the pressure of everyone watching him and
winning," Burton said.
"This is going to be a heavily photographed, heavily
videotaped, heavily Youtubed appearance. Tiger's Nike hat,
Nike shirt and Nike ball are all going to get a lot of
visibility."
Gillete, a unit of Procter & Gamble, said it has no
immediate plans to change its advertising - which no longer
features Woods. Damon Jones, a spokesman for Gillette, said
there have not been any decisions made about what comes next
with the company's advertising.
The Masters gets the best TV ratings of any golf tournament
and will likely be much more watched this year - maximising
the impact of his return.
The tournament itself has just three major corporate sponsors
- IBM Corp., AT&T Inc. and ExxonMobil Corp., though tight
control of the tournament keeps their logos all but absent
from the course. AT&T, a former sponsor of Woods himself,
declined to comment and the others did not immediately
respond to requests.
While most golf events allow sponsors to put their logo on
nearly every surface and host exhibits on the course, the
Masters is nearly devoid of visible corporate presence.
Commercial time is extremely limited for the Masters. Between
two days representing nearly eight hours of coverage last
year, there was about 36 minutes of commercials, according to
Nielsen.
"It is the cleanest venue you'd ever see," said Paul
Swangard, managing director of the Warsaw Sports Marketing
Center at University of Oregon. "The absence of corporate
monikers is pretty striking for the NASCAR-isation we see in
sports today."
It probably doesn't matter how well Woods even plays.
"When it comes to his brand it is irrelevant how he does,"
said John Sweeney, director of sports communication at the
University of North Carolina at Chapel Hill's School of
Journalism and Mass Communication.
He said the companies that have stood by him will continue
to, but it will be be a while before he can lure any new
sponsors.
"He is now a soap opera character in the tabloid reality
show," Sweeney said.
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