Asset Impact Scores combine consumer research with exposure valuation data to achieve unprecedented accuracy in tracking brand exposure and value
Relo Metrics (Formerly GumGum Sports), the leading AI-powered sponsorship analytics platform for real-time data decisions, announced a strategic partnership with SponsorPulse to validate National Hockey League (NHL) sponsorship performance measurement to unprecedented levels of accuracy and brand value through creative asset level Impact Scores.
The collaboration combines SponsorPulse’s consumer research with Relo’s exposure valuation data to create a unique framework based on the amount and quality of exposure along with consumer impact and the “breakthrough” potential of different assets.
The new partnership began with a study co-created by the two companies and based on survey conversations with thousands of NHL fans who have watched broadcast NHL games in the past year. Questions were developed to measure specific asset characteristics:
- Recall - is the sponsor logo memorable?
- Annoyance - is the logo or signage distracting?
- Action - does the logo have the ability to drive action?
- Purchase - does the logo have the ability to drive consideration?
- Favorability - does the asset have the ability to drive preference?
Based on responses in each category, the two companies created the new “Asset Impact Score” metric and scorecard.
“With this data, we are now able to deliver the most complete, data-driven asset valuation that will make selling and valuing assets much easier,” said Jay Prasad, CEO of Relo Metrics. “This allows brands to get a sense of how much an asset will help move the needle when it comes to brand awareness and preference, we are jointly providing this measurement with speed, not something that is usually associated with consumer research.”
The combined resources of Relo and SponsorPulse are well-suited to address the commonly acknowledged pain points associated with sports sponsorships: effectively packaging and valuing assets with the ultimate goal of building long-term trust and loyalty between brands and their customers.
“As the world of sponsorship assets continues to evolve, it's important that we have a common measurement system that highlights which assets can most effectively deliver on brand objectives,” said Adam Mitchell, CEO of SponsorPulse. “With the development of Asset Impact Scores, we can now identify the right assets for brands to activate and measure potential outcomes on brand awareness, perception, and intent to buy.”
For this implementation, the Asset Impact Score methodology identifies all NHL-based assets that are activated by sponsors to:
- Measure their breakthrough and impact on the general population and NHL fans specifically.
- Break down which assets are most effective at driving purchase consideration versus favorability.
- Rank their overall effectiveness so that it can be factored into the overall sponsor media value provided.
The new metrics approach includes a complete ranking of the NHL’s most effective sponsorship assets, including DED dashboards, static rink boards, in-ice center and corner ice logos, helmet and jersey branding, scoreboard signage, in-venue commercials, social media posts and news and highlights.
About Relo Metrics
Relo Metrics is an AI-powered sponsorship analytics platform that enables brands to track and optimize their sponsorship investments and powers teams and leagues with the insights they need to retain and grow revenue. The company tracks sponsor exposure across live broadcasts, social media, and streaming platforms and delivers actionable insights via a fast, single solution platform. For more information, visit www.relometrics.com.
About SponsorPulse
SponsorPulse is a sponsorship intelligence platform that provides consumer insight, powering data-driven decisions that maximize return on investment. Its leading global insights platform and measurement solutions are powered by proprietary global consumer-data. It measures fan insights on thousands of global sponsorship opportunities across sport, music, entertainment, and cause, while measuring the impact of brand sponsorships among consumers. For more information, visit www.sponsorpulse.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231018385087/en/
Contacts
Hannah Shain, VP Marketing, Relo Metrics, hannah.shain@relometrics.com
Peggy Blaze (US) and Shawn Belluigi (EMEA) Bubble Agency for Relo Metrics, relometrics@bubbleagency.com
