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Nike Most Marketed Sports Brand On Social Media With Ksh70Bn Ad Value

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American sportswear brand Nike created the most commercial ad value on social media in the sports industry in 2021. According to the latest data presented by SafeBettingSites.com, Nike produced $617 million (Ksh69.9 billion) worth of ad value through their commercial partners on various social platforms. They were followed by Adidas in the second spot.

The report compares various bands in the sports industry and their sponsorship deals with athletes and sports organisations. It further analyses various social media engagements created for these brands and then quantifies the overall exposure into equivalent advertising value.

As per the report, at present, Nike has the highest number of commercial partnerships in the sporting industry at 16,236 partners.

Adidas, second in the list, had $343 million (Ksh38.9 billion) worth of advertising value. The German brand managed the distant second spot with 9,181 partnerships.

Airline company Emirates produced a $220m worth of ad value on social media through their 2269 sporting partnerships.

Spanish financial company Santander also relies hugely on sports to advertise themselves. They produced $187m value worth of exposure in social media engagements through their 1173 partners. Energy drink Red Bull is on the fifth spot of the list with $162m in ad value on social media. At 4611, Red Bull’s count of partners is significantly higher than Emirates and Santander.

German sportswear brand Puma comes sixth in the list, despite having the highest number of commercial partnerships in sports behind Nike and Adidas – at 4961. However, the company generated only $150m in social media ad value.

US-based insurance group State Farm comes in the seventh spot. The company has 978 sporting partnerships which helped it make $148m in ad value on various platforms. State Farm has a number of high-value partnerships across all major US sports.

Monster Energy occupies the eighth spot on the list. The energy-drink brand, currently purchased by the Coca-Cola Company, has 3023 partnerships in the sports industry. It benefitted with $143million ad value through its partnerships.

Indian gâmbling company Dream 11 has only 167 commercial partnerships, but it was helped by $112m-worth of promotion on social media.

Netherlands-based beverage brand Heineken is in the last spot with $109M in ad value on social media through its 1231 partners.

Read: The Battle For Eyeballs: Mobile Games Outfox TVs In Fight For Advertising Revenue

>>> Emirates Returns Sh140bn to Customers in Refunds

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FRANCIS MULI
FRANCIS MULIhttp://www.businesstoday.co.ke
Editor and writer, Francis Muli has a passion for human interest stories. He holds a BSc in Communication and Journalism from Moi University and has worked for various organisations including Kenya Television Service. Email:[email protected]
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