Abstract
Purpose: It is not possible for every fan of a sport to watch matches at stadiums because of the capacity and location constraints. Furthermore, although sport fans could not physically attend sporting events during the COVID-19 pandemic, corporations still showed interest in sponsoring such events. To better understand this phenomenon, this study examined the effects of fans' event involvement on event reputation, event commercialization, corporate brand credibility, corporate brand image and purchase intentions of the corporate sponsor brand. Design/methodology/approach: A total of 646 responses were collected from fans of Indian Premier League teams. Confirmatory factor analysis and covariance-based structural equation modelling analyses were conducted on the collected data. Findings: Results showed that fans' involvement in televised sporting events had a positive influence on the events' reputation, which, in turn, had a significant impact on their corporate brand credibility and image. Furthermore, the corporate brand credibility and image had a positive impact on the fans' purchasing decisions. Originality/value: This study provides valuable implications for marketing managers aiming to enhance their understanding of the impact of event sponsorship on corporate brands. In addition, the findings provide insight into how to support the development of effective sponsorship strategies in the future. The results suggest that sponsoring companies should consider maintaining the credibility and image of their brands to achieve the desired outcomes from sponsoring such sporting events.
| Original language | English |
|---|---|
| Pages (from-to) | 85-105 |
| Number of pages | 21 |
| Journal | Asia Pacific Journal of Marketing and Logistics |
| Volume | 36 |
| Issue number | 1 |
| DOIs | |
| State | Published - 9 Jan 2024 |
Keywords
- Corporate brand credibility
- Corporate brand image
- Event commercialization
- Event reputation
- Televised sporting event
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