Ironman 70.3 Texas is next weekend and has a pretty deep and strong start list (https://files.constantcontact.com/...f37-c68318029ede.pdf)
And yet:
1. Effectively zero pro race promotion by Ironman
2. No live coverage of the race planned by Ironman
3. PTO is boxed out because Ironman won’t work with PTO
4. $30,000 prize purse (most of the pros that race will lose money on the endeavor)
Contrast this with both the Challenge North Americas and PTO (of course) posture toward pro triathletes
How is this model sustainable if you are a pro triathlete?
If I’m the PTO and its pro triathlete constituency, at what point is the correct strategic play to accelerate plans to put on your own races* so that you can more effectively diversify away from a company (Ironman) that clearly does not see you as an asset?
* My understanding is that step 1 is the Collins Cup this year, followed by step 2 of having “Majors” to go along with the PTO World Championship each year
All dependent of course on the big existential question of whether pro triathlon can generate enough interest / eyeballs to make the “pro triathlon product” an asset with decent revenue generating potential.
But in order to turn that corner, you HAVE to aggressively market and position that product, and it’s just painfully clear that Ironman will never have the appetite for it.
As a fan of the sport and of pro triathlon, it pains me to see 70.3 Texas come and go without moving the needle for what PTO and its athletes are trying to accomplish.
And frankly, until Ironman provides some type of indication in the public domain for why it refuses to work collaboratively with the PTO, I blame Ironman. But if you’re the PTO and the athletes, the longer you enable Ironman, the deeper the status quo and the harder it is to overturn
And yet:
1. Effectively zero pro race promotion by Ironman
2. No live coverage of the race planned by Ironman
3. PTO is boxed out because Ironman won’t work with PTO
4. $30,000 prize purse (most of the pros that race will lose money on the endeavor)
Contrast this with both the Challenge North Americas and PTO (of course) posture toward pro triathletes
How is this model sustainable if you are a pro triathlete?
If I’m the PTO and its pro triathlete constituency, at what point is the correct strategic play to accelerate plans to put on your own races* so that you can more effectively diversify away from a company (Ironman) that clearly does not see you as an asset?
* My understanding is that step 1 is the Collins Cup this year, followed by step 2 of having “Majors” to go along with the PTO World Championship each year
All dependent of course on the big existential question of whether pro triathlon can generate enough interest / eyeballs to make the “pro triathlon product” an asset with decent revenue generating potential.
But in order to turn that corner, you HAVE to aggressively market and position that product, and it’s just painfully clear that Ironman will never have the appetite for it.
As a fan of the sport and of pro triathlon, it pains me to see 70.3 Texas come and go without moving the needle for what PTO and its athletes are trying to accomplish.
And frankly, until Ironman provides some type of indication in the public domain for why it refuses to work collaboratively with the PTO, I blame Ironman. But if you’re the PTO and the athletes, the longer you enable Ironman, the deeper the status quo and the harder it is to overturn