This past weekend I attended the Sloan Sports Analytics Conference in Boston for the third straight year. Typically after coming back I recount everything I heard like an excited first grader coming home from summer camp. Mostly because I hear awesome nuggets of information and can’t wait to tell someone because then it’s like I came up with the ideas.
This year, though, I was struck by how many things that were discussed that were applicable to brands. This shouldn’t come as a surprise because the ultimate goal of marketing and sports business is the same; sell. The following are five things that marketers could learn from the sports business world.
Culture Comes First
There was an entire panel dedicated to franchises in transition. There was one resounding consensus: the most important thing for a team is its culture. That will be way more valuable than any draft pick. The 49ers hired Jim Harbaugh because he is a strong personality and would create a winning culture. Drew Bress came to New Orleans because it felt like family to him because that is the culture they fostered. It’s how teams identify themselves and connect with fans. It should be no different for your brand.