Monday, September 14, 2015

Blog Post 1: Tennis Endorsements

            Hi, my name is Forrest Owen and I'm a junior at St. Michael's College. As part of a marketing class that I'm taking, I'm creating this blog with the hope to educate people about marketing. In this post, I'm going to be talking about the effect that marketing has on professional sports and outdoor pursuits. I’m on the varsity tennis team as well as an instructor for the SMC Wilderness Program. I have a strong passion for both of these pursuits and I’m going to be doing plenty of research on these fields as well as incorporating my thoughts about how these programs aid or hinder many companies marketing practices.


            In almost every sport that is televised today, athletes, teams, or organizations have sponsorships with certain companies. With many sports, those sponsorships aren’t broadcasted through the players. For example, the Boston Bruins have a lot of companies that pay the TD Garden for advertisement space on the boards. A few hockey players like Alex Ovechkin who had endorsement deals with CCM for a long time before he switched to Bauer.


            In tennis however, the players are the individual who have a relationship with the company. Similar to Alex Ovechkin’s endorsement deal with CCM, many of the top players are sponsored by companies like Nike, Adidas, Wilson, and Head, to name a few. Throughout an athlete’s career, most professional tennis players change the companies they have endorsements with.


            One of the prime examples of this is Novak Djokovic. Currently, Djokovic is the top tennis player in the world and just won his 10th Grand Slam title. During the earlier days of his career, Djokovic was sponsored by Adidas for his apparel and footwear. In November of 2009, Novak Djokovic signed a 10-year deal with Sergio Tacchini for his apparel effective on January 1st, 2010. Djokovic’s deal was short lived though as he moved on to a 5-year sponsorship in 2012 with UNIQLO, a small Japanese company who provided his apparel as well.
Ad for the new Barricade 7 Novak Pro


            Throughout his switches to and from apparel companies, Djokovic was still sponsored by Adidas for his footwear. Just before the 2015 US Open, the last Grand Slam of the calendar year, Adidas released a line of tennis shoes which Djokovic endorsed called the “Adidas Barricade 7 Novak Pro”. After winning the US Open wearing these shoes, I can only imagine how this will immensely help Adidas with the sales of these shoes.


            Under Armour is a brand that is rising in tennis. At the start of 2015, Andy Murray, the top tennis player from the United Kingdom, signed a 4-year deal with Under Armour for apparel. Since Under Armour is still developing their tennis line, they don’t have a lot of tennis specific clothing. For this reason, I believe, you don’t see a lot of people sporting Under Armour clothing on the tennis court at tournaments or big tennis events.


            Recently, Under Armour has been working with Andy Murray to create a pair of tennis shoes which he can endorse. At Wimbledon, Murray wore Under Armour’s test shoes for the first time where he made it to the 4th round before losing in a tough match with Kevin Anderson. A lot of people prefer Under Armour brand clothing to that of Nike, including myself, because the quality of Under Armour is significantly better. I think that once Under Armour releases a pair of tennis shoes to the general public, they will have a big break-through in the tennis market and will start to gain some ground on the competition where they will be able to really compete with Nike and Adidas for the top tennis market shares.


            Sports Illustrated wrote an interesting article around the time of Wimbledon about the design of Murray’s tennis shoes (http://www.si.com/tennis/2015/06/30/andy-murray-custom-under-armour-shoes)

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