**To be or not to be? Why would a company sponsor the Olympics?** I still have great memories from the short trip to Paris as one of the 2,800 Sanofi "Igniters” attending the Olympics. Sanofi’s sponsorship of Paris 2024 extends well beyond corporate visibility. It’s a deliberate investment in people, culture, and a transformative mindset, perfectly aligned with our #WeNeverSettle campaign. While in Paris, I was thinking at my time in P&G nearly 15 years ago when the company made the historic decision to become a worldwide Olympic sponsor. The emotional #ProudSponsorofMoms campaign wasn’t just about marketing—it was about building a corporate identity beyond individual brands. I would love to hear how some of my P&G friends are measuring its ROI now …But undeniably the move remains a significant case study in brand strategy. The Visa example is also interesting where they leveraged the Olympic sponsorship to ensure that only Visa cards were accepted onsite. Whether this drove customer conversion is up for discussion 😉, but it definitely made an impact—sometimes to the frustration of people having to rely on cash to buy a water bottle in the Paris heat! Regardless of the specific goals, the Olympic Games are more than a global sporting event. They embody values like excellence, unity, and perseverance—that resonate across cultures and are essential in today’s business. Now, bring on the Paralympics! What do you think? Why should or should not a company invest in the Olympics?
Should definitely invest , specially a healthcare company
Senior Consultant Ophthalmologist in Ophthalmic Genetics. European Reference Network dedicated to Rare Eye Diseases: ERN-EYE.
3moThough I am not working in industry, I believe that supporting the Olympic Games is equal with giving strength to the human spirit. It is very often forgotten nowadays in many businesses. So, congratulations 👏