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big brand tour sponsorship
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I was listening to the tour coverage and a statement was made about team sponsorship cost. They said 7 million was the budget cost and 20 million was the premium budget. Then I started thinking about all the other marketing costs or sponsorship series companies participates in. So how much per bike are baked into the price for all of that? There must be a payoff for the companies if people are willing to pay big bucks for a bike; but how much of a bike cost is marketing?

Dan Kennison

facebook: @triPremierBike
http://www.PremierBike.com
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Last edited by: dkennison: Jul 29, 15 19:20
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Re: big brand tour sponsorship [dkennison] [ In reply to ]
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Those are the costs to sponsor an entire World Tour team.
Rarely do bike companies take on title sponsorship or foot the whole bill.
Typically a team has a number of sponsors providing money and/or product.

Bikes are like just about every other product, a certain percentage of its' cost goes to overall marketing costs.
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