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    Return on Sponsorship - Clean Rooms for Sport Rightsholders & Sponsors

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    Sold by: Cognizant 
    1st party data exchange between rights holders, sponsors and other ecosystem players to help gain insights into fan behavior, transactions and trends to support and interpret campaigns, activation and more.
    Listing Thumbnail

    Return on Sponsorship - Clean Rooms for Sport Rightsholders & Sponsors

     Info
    Sold by: Cognizant 

    Overview

    The relationship between sports rightsholder and sponsor is currently changing to be more data centric than it ever has been in the past.Gone are the days when rightholders could entice sponsors with social media numbers or generic reach metrics based on broadcast viewers.Today the relationship between rightsholder and sponsor is grounded in 1st party data.Rightsholders need to be building their fan database of individuals that they can have a direct conversation with and sponsors are buying into that platform.This shift towards fan data comes with the need for new measurement and insights tools.Organizations need to ensure that the data they have is secure and the fans privacy respected.Balancing this duty to secure the data and extract as much value from the data at the same time can be achieved through the use of clean rooms.By establishing a clean room environment the rightsholder can securely analyze their data along with sponsor data to achieve a number of business outcomes.Baseline the sponsorship and monitor over time to understand if 1st party data on either side is growing as a result of the relationship.Extract insights across segments of the fan database based on behaviour.Enrich 1st party data with new datasets to gain further insights.Identify lookalike audiences that can then be targeted through specific campaigns.Identify new activations that will succeed.Calculate Fan Lifetime Value.Define and track KPIs and other joint metrics over the life of the sponsorship.Move towards Performance Based Sponsorship agreements that grow the piefor all parties.This consulting offering would leverage the AWS Clean Room product and also requires S3 usage.

    Highlights

    • Establish a baseline of fan data that can be used to measure growth,sales attribution and owned media interaction
    • Enrich existing 1st party data with compliant data sources, building a rich profile of the customer/fan
    • Gain insights into customer/fan behaviour and patterns that would otherwise be invisible

    Details

    Pricing

    Custom pricing options

    Pricing is based on your specific requirements and eligibility. To get a custom quote for your needs, request a private offer.

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    Support

    Vendor support

    Contact David Ingham Client Partner Media, Entertainment and Sport at DAVID.INGHAM@COGNIZANT.COM  to discuss your specific engagement and how we can support your objectives