Inside Crisis Communications in Sponsorship - Jim Rocco and Isaac Benjamin - PRCG Sports - Ep 88

Inside Sponsorship

One thing that sponsorship professional’s fear, mostly those at rights holders, is a crisis; a situation that may see sponsors walking away from the organisation.

Let’s be clear, when we say “crisis” we mean an athlete or staff member brings the organisation into disrepute.

For those that are high profile rights holders, it almost feels like it is only a matter of time before a crisis will impact their commercial portfolio. How long can a sponsor put up with, or how bad does, a crisis need to be before a sponsor seriously considers whether their values are still aligned?

In a commercial world, particularly one where a rights holder may still be providing great ROI on the sponsorship, it can be a cloudy question.

It almost feels like it is only a matter of time before today’s, or this week’s, bad news story directly affects you and your sponsorships.

That’s why, knowing how to communicate with sponsors during a crisis, and being prepared for the inevitable crisis, is where the focus should be in quiet times.

In sports, two of the industry leaders, when it comes to crisis communications, are Jim Rocco and Isaac Benjamin, from PRCG | Sports. PRCG | Sports provides strategic marketing, public relations, and crisis communications services to owners, managers, athletes, and brands.

Jim and Isaac join the show to take us inside crisis communications in sponsorship.

We also hear from Daniel Collier-Hill, KORE’s Commercial Director – APAC, who has delivered part three, and his final part, of his part blog series which focuses on hacking sponsorship and he joins us to discuss the blog which looks at Perceived Value and Audience Segmentation.

Enjoy.

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