Tuesday, March 25, 2014

March Madness

March Madness is a 3-week event for the NCAA post-season tournament. It has been reported that this year’s March Madness will result in one of the highest revenue generators compared to advertising in years past. From an advertising perspective, this event caters to men in their mid teens to mid 50s. This is considered a rather large demographic. Advertisers hope to create a sufficient platform to connect to their target audience. For instance, Dove Men&Care develops an advertising campaign strictly for this demographic. In order to effectively advertise the well-known event, the NCAA has expanded their media coverage to four different television networks, (CBS, TNT, TruTV, TBS) as well as several online channels to view the tournament. In addition, the NCAA is promoted through various sources of social media, such as Facebook and Twitter. These marketing strategies are proven to successfully garner revenue, making March Madness one of the most popular sports showcases for both advertisers and fans.