How two brothers made it big in pro sports: Colin Faulkner, Chicago Cubs and Chris Faulkner, Denver Broncos

How two brothers made it big in pro sports: Colin Faulkner, Chicago Cubs and Chris Faulkner, Denver Broncos
by Kirk Wakefield – November 2016

Note: In this re-release (first posted April 1, 2013), we congratulate Colin Faulkner, and the 2016 World Champion Chicago Cubs, for catching up to brother Chris Faulkner, whose Denver Broncos won the 2016 Super Bowl.


Colin and Chris Faulkner

S3 Board Member Spotlight

Colin Faulkner
Colin Faulkner
Chris Faulkner
Chris Faulkner

Brothers. Friends. Sports.

These three words bind Chris and Colin Faulkner together as one of the few sets of brothers in the business of sports.

Colin is the Vice President of Sales & Partnerships with the Chicago Cubs. Chris is Manager of Club Seat Sales and Service with the Denver Broncos. Each took different routes getting into their careers.

Overcoming rejection

Colin’s experience with Baylor’s call center and the Waco Wizards (surprise: a defunct hockey team) reinforced his desire to enter sports after graduating from Baylor (1998).

Part of Colin’s motivation today stems from his early days searching for an entry level position. The S3 program’s own, Dr. Darryl Lehnus, then Associate Athletic Director over sales & marketing, spurned Colin for an internship while Colin was working towards his undergraduate degree. Then following scores of applications, Colin’s resume eventually landed in the hands of Shawn McGee of the old Dallas Burn where Colin received his only offer. What happened to all those rejection letters? Fifteen years later they still have their own special place in Colin’s desk. 

Colin went on to prove himself as an account executive with the then combined Texas Rangers/Dallas Stars group before moving to roles with the Stars as the Director of Ticket Sales (2002),Vice President of Ticket Sales (2004), Sr. Vice President of Ticket Sales & Service (2007), and Sr. VP of Marketing (2009). Fulfilling a lifelong dream, Colin was selected as the Vice President of Ticket Sales & Service with the Chicago Cubs (2010) before his recent promotion this spring to include corporate partnerships.

Operations, IT or Sales?

Chris started out with idea of working in operations or IT for a professional team after graduating from Baylor (2001). In his search, Chris quickly learned the lifeblood of an organization was in sales – and the best entry point.  After beginning with the Colorado Rockies, Chris moved into a senior account executive position with the Texas Rangers (2003) before promotions to Group Sales manager (2005) and then Director of Ticket Sales (2007). Following, Chris moved west as the Director of Ticket Sales for the Colorado Crush (2008) before moving across town to sell premium seats for the Broncos (2009) to ultimately assume his current position as Manager of the department (2010).

Work ethic = Success

The brothers share beliefs about what leads to success. Working for good managers helps paves the way. They believe in working hard, having a good attitude and working smart. As Chris points out, sales is purely an effort-based position, “Put in the work and put in the hours.”

Mentors play a role in the success of anyone who moves up the ranks. Geoff Moore, Colin’s mentor, is quick to share his thoughts on Colin’s work ethic and attitude:

“Colin has true character. He is competitive, intelligent and curious. But, his most important quality is his optimism. He believes his hard work will make a difference. This combination of talent and work effort make him a great employee and leader.

Similarly, Andy Silverman, shared from his experiences with Chris:

Chris is a true professional at every level.  From my many years working alongside Chris at the Texas Rangers, to his current role running Premium Sales at the Denver Broncos, Chris not only has my utmost respect but admiration as a true sales professional.   I consider Chris a master of his craft and even more importantly a trusted friend and confidant.

Having a Brother in Sports

Chris and Colin get along, well, just like brothers. They benefit from each other’s experiences, frequently texting each other to share updates, bounce ideas off the other, and share in each other’s successes. Although Chris feels some pressure to keep up with his older brother, they don’t feel like they compete with each other since both have done well in their careers.  Colin said that if he had the option to hire Chris to work for him, he probably wouldn’t because Chris is in such a good situation right now.

Two well-known brothers in sports are the Leiweke brothers, Tim and Tod, and the Yormark brothers, Brett and Michael. Give the Faulkner brothers a few years. When you see them on the front of Forbes magazine, remember you saw them featured first on the S3 Report!

Faulkner Brothers
Mark McCartney, CT Steckel, Chris Faulkner, Colin Faulkner, Brad Oswalt, and John Alexander at  Reliant Stadium for Baylor’s run to the Elite 8 (2010)

The Online Ticket Buyer: By the Numbers

The Online Ticket Buyer: By the Numbers
by Kirk Wakefield -October 2016

Nationwide Study of Recent Online Ticket Buyers

Efficient and effective salespeople convert ticket buyers into season ticket holders and serve their needs. However, the secondary market is the primary market for many fans who do not differentiate between buying from StubHub, TicketMaster or the team’s website. What do these buyers look like? How do they buy? Where do they buy? What is important to them?

The Online Ticket Buyer Profile infographic offers an overview of our initial findings from a wide-ranging study of 688 recent online ticket buyers of tickets. Given the time of year and panel source, we draw primarily from NFL, MLB, and NBA ticket buyers, but also have representation from NHL and a few MLS buyers. All bought tickets within the past 12 months.

We will present more in-depth results and insights at the Baylor S3 Annual Board meeting, January 17-18, 2017. Students will present analysis & insights to the industry on December 5, 1-4pm. Guest judges are welcomed.


Selling Experiences Online: Announcing the BAV-S3 4V® Brand Index

Selling Experiences Online: Announcing the BAV-S3 4V® Brand Index
by Kirk Wakefield – June 2016

Juniper Research classifies ticketing as one of the primary commerce applications driving eCommerce, estimating over one-fourth of ticket purchases will go mobile in the U.S. by 2020, and over half of ticket purchases outside of the US and Europe to be mobile-based by 2020. Teams like the Portland Trail Blazers renew season tickets via mobile devices and continue to see fans more comfortable in making both small and large transactions on mobile apps.

While we in the U.S. may think life moves at the speed of digital, we move at a snail’s pace compared to the growth in China, where the average consumer spends 45 hours online a week (10+ over global average). B2C e-commerce in China is expected to grow at a 30% clip from 2016-2020. As sports-related brands seek a global presence (like Barcelona and Real Madrid), teams and vendor partners must focus on engaging fans in the ways fans desire, rather than only what is expedient or profitable in the near term.

The quality of the consumer experience with the brand in online ticketing will determine the winners and losers as the world turns increasingly mobile. How do we know who’s winning? Who’s winning so far?

The BAV-S3 4V® Brand Index

The BrandAsset Valuator (BAV®) database is the largest and leading quantitative, empirical study of brands and consumers. Spanning 16 years, 51 countries, and over 680,000 respondents, BAV is the world’s largest database of brand perceptions; containing ratings on over 43,000 brands on 72 dimensions.

In collaboration with BAV, we developed the S3 4V ® Brand Index that evaluates online brands in terms of three positive dimensions of value, vision, and social vibe and one negative dimension of vanity. Customers favor online brands that demonstrate:

  1. Value: The leader, the best brand online characterized as (having)
    1. good value and worth more,
    2. trustworthy and reliable,
    3. simple and straightforward,
    4. high quality and high performance,
    5. original, authentic, down to earth and traditional
  2. Vision: The progressive, innovative, up-to-date, intelligent, visionary brand that is gaining in online popularity.
  3. Social Vibe: The brand that represents a fun, social, friendly, and charming online persona.

Customers discount or disfavor brands trying to score style-points without substance. Online visitors pick up on signs of Vanity, characterized as attempts to appeal to the upper class on the basis of glamour, style, prestige, sensuality, and trendiness. We find this has a negative effect on regular brand usage.

Together, these four dimensions explain over 50% of consumer usage of the brand. That amount of variance is another important V to consider as brand compete to win customers to their online real estate.

The Winners

The 4V Brand Index covers 278 brands that offer some form of online experience across a dozen sectors. Our index places weights on each of the four Vs in an equation that best predicts brand usage. Scores range from Amazon on the high end (29.02) to ISIS (-7.24) on the low end. Sectors include mobile phones, with iPhone and Samsung Galaxy outclassing all other comers by large margins. More interesting is competition among mobile payment vendors (Amazon Local Register vs. Apple Pay vs. Square), internet tools and services (Google Maps vs. MapQuest), or social media (how is Snapchat doing against Facebook, Twitter and LinkedIn?).

But, since we’re all about sports first, that’s where we will begin. The table may be sorted based on the overall index score or each of the 4Vs.

[table id=4 /]

Ticket sellers

Although tickets are only a part of their businesses, eBay and Groupon lead the way in offering online experiences that customers perceive as offering value, vision, and vibe that outweigh attempts to appeal to the vanity of buyers. Given shopper motives for buying online, the strongest predictor of brand usage in our equation is value, followed by brand vision.

Between the two leaders in ticket sales online, eBay’s subsidiary, StubHub (8.56) performs better than Ticketmaster (7.13), primarily due to vision (13.29 vs. 10.52) and social vibe (12.61 vs. 10.54) customers get when they visit their websites or use their mobile apps.

In the future, we will add SeatGeek and VividSeats to the index, two ticket sellers with significant investments in online and mobile ticket distribution.

The Losers

Fan Duel and Draft Kings suffer from high vanity scores and low value scores. Being new and on the cutting edge (vision) helps attract customers, but a brand’s longevity is in question if it cannot deliver value.

On a broader scale, sports teams must be mindful of partnering with online brands with negative personas. The two lowest rated online brands (ISIS and Al Jazerra) clearly aren’t potential partners, but not far behind are Foursquare (4V = .13) and Tinder (4V = .18). Granted, these might target specific fan segments, but the signal sent to all customers may not bode well for the team and its other brand partners. Brands with relatively low 4V scores may be due to overall low market strength and penetration. Customers don’t necessarily hold negative perceptions, but may hold no perceptions at all about the brand.

Looking forward

In future analyses, we will take a closer look at ticket sellers to examine the specific features and drivers of customer online experiences.

A Different Kind of Sports Conference

A Different Kind of Sports Conference
by Kirk Wakefield – April 2016

We have all been to sports conferences that focus on best practices at work. But, can we be the best at work while also being the best at home? The Daniel Summit focuses on leadership, personal and character development. We don’t have to choose between being the best at home or the best at work. We can do both!

With that idea in mind, the Daniel Summit was founded in 2013 by several top sports executives across all leagues. The summit gathers men and women within the sports & entertainment industry, committed to excellence personally and professionally. Participants share a common goal of using the platform God has provided to positively influence the personal and professional lives of others. Check out the vision here to learn more.

The goals of the summit

  • To challenge & encourage attendees to use the sports and entertainment platform/influence they have been given for God
  • To equip attendees to be better leaders/executives, spouses and parents
  • To provide attendees a year-round support system of like-minded men and women within the sports and entertainment industries

We expect over 100 people to participate this year. The speaker line up is strong. Below are a few of them:

  • Mitch Barnhart, Athletic Director @University of Kentucky
  • Bobby Evans, SVP/GM @San Francisco Giants
  • Erik Greupner, EVP/General Counsel @San Diego Padres
  • Mark Foreman, Lead Pastor @North Coast Calvary Chapel

Join us!

Do you work in the sports industry? Are you passionate about excellence personally and professionally? We hope you will join us this July 15-16 in Carlsbad, California.

If you have more questions, need more information, or would like to register, please visit www.danielsummit.com. Follow on Twitter to get updates and leadership insights @TheDanielSummit.

How the San Antonio Spurs Grow Good People

How the San Antonio Spurs Grow Good People
by Laural Logan-Fain – April 2016

Defining Culture

Culture is defined as the customs, rituals, and values shared with the members of an organization. You can see it by watching the way people interact every day. Culture is ever evolving. Culture is not something you can necessarily control; but it is something about which you can be purposeful. Management guru Peter Drucker once said, “Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you’ve got.” At Spurs Sports & Entertainment, we recognize that every employee plays a part in shaping our culture. Like any worthwhile venture, it takes consistent effort with all of us working together as a team to create a culture that is reflective of our values: Integrity, Caring, Success!

Climbing the Corporate Ladder

Biologist and educator Thomas Huxley noted, “The rung of a ladder was never meant to rest upon, but only to hold a man’s foot long enough to enable him to put the other somewhat higher.”

When we hire at Spurs Sports & Entertainment, we actively seek people who are not only highly proficient in their roles, but also fit with our culture and reflect our corporate values. Many of our staff have grown up in the organization, starting out as interns or assistants, but over time have grown to become our managers, directors, and vice presidents. This is great for stability, but as with any company, our staff (especially our ever-growing Millennial population) are eager to climb the proverbial corporate ladder. However, as a relatively small organization with many long-tenured members, the ladder may seem to some more like a step stool with only a few rungs.

Changing the Conversation

Author and motivational speaker Zig Ziglar once said, “Too many people spend more time planning how to get the job than on how to become productive and successful in that job.”

Like most organizations, we are mindful of increasing employee satisfaction and decreasing turnover rates. To accomplish this, we began to shift the conversation. Instead of focusing on promotion and ladder climbing, we emphasize continual personal growth and ongoing professional development. We implemented an Individual Development Plan (IDP) and began having career discovery (or as we lovingly call them “What do I want to be when I grow up?”) conversations with staff. As part of the IDP, staff also set short- and long-term goals and identify support they need to achieve their goals. The focus is on the whole person. We still talk about career paths and promotions, but the conversation has expanded to include “How can I grow personally? How can I develop professionally?”

Develop, Grow, Lead

As author and leadership guru John Maxwell states, “Success each day should be judged by the seeds sown, not the harvest reaped.”

In an effort to assist employee development we launched our corporate university, Spurs Sports & Entertainment University (SSEU). Our SSEU tagline reads: “Growing human capital is our number one priority.” Classes are offered during work hours, are hands-on, and cover a variety of topics. They are facilitated live by in-house experts to encourage the cultivation of ideas and relationships across departments. SSEU is supported at the highest level of the organization and every executive teaches a different course. Staff are invited to have breakfast with the president and discuss culture. They can learn about strategic planning, including the development of major vs. minor league sports, from an executive vice president.

We offer values based leadership courses that reinforce our corporate values and provide tools for staff to better handle conflict and work more effectively with one another. Our Leadership 101 series helps managers make the transition from being an individual contributor to an effective leader of people. Other course topics include game presentation, presentation skills, using data, creativity, writing skills, and much, much more. We also offer facilitated team building sessions for departments and cross-functional teams to help break down silos and build trust. Critical to having a successful culture is recognizing that employees are our greatest asset. Through SSEU, we continually invest in our human capital.

The Results

A year after launching the IDP and SSEU, our company culture survey reported increases in employee satisfaction. Employees identified that someone at work encourages their development (88%, up 15%); their manager takes time to talk with them about their professional goals (91%, up 10%); and they have a good understanding of their strengths and areas of improvement (82%, up 17%). Our culture continues to reflect our values of Integrity, Caring, Success, but it has evolved to include greater opportunities and support for staff to grow personally and develop professionally.

Pitch Perfect Alpha

How a Team’s Values Can Shape Lives

How a Team’s Values Can Shape Lives
by Joey Harvey – April 2016

HOW THE SPURS’ VALUES SHAPED MY CAREER LIFE

Spurs Sports & Entertainment operates its business on a daily basis under the umbrella of three primary values: integrity, success, and caring. The aim is to make every decision while upholding each value. These three values have led to growth not only in my career, but my personal life.

Start with integrity

It begins with integrity. Spurs head coach Gregg Popovich has said multiple times that he looks to bring in players and coaches that are “over themselves.” That is, people who are able to put aside their own egos and realize the betterment of the team is the most important.

On the business side, the people that stick around and build good careers do so while doing things the right way. Treating coworkers with respect, avoiding office drama, rumors, and politics, and focusing on being the best person at your job are the simplest ways to uphold your integrity and build a name for yourself.

Add attitude & effort to get results

The order or formula of what leads to success was taught to me as: Attitude + Effort = Results. When you combine a positive attitude with maximum effort, the results will come. Effort isn’t all about repetition, but it’s about repeating (or practicing) the right way. It’s not about making 100 phone calls a day, but rather perfecting your technique on those calls and using each one as an opportunity to make yourself better.

The right attitude and effort leads to success. You can be the nicest person in the world and have the highest level of integrity, but if you don’t effectively do the job you’re hired to do, there is no place for you with the company. We are a business, after all.

Ticket sales is much like a sport. Regardless of success rate or revenue you’ve brought in, the landscape constantly moves forward. You have to adjust. If you don’t adapt and think ahead about what’s next, you’ll fall behind. Always be open to sharpening your skills and learning more. Take something from each trainer or manager you come across and figure out how it could apply to your own approach. Never stop learning and striving to become better. The more open you are to being coached, the more success you will have.

Give a care

Most importantly, to me, is caring. When I approached a few of my managers to discuss some personal issues that might cause me to miss some time at work, the response was “We love you man, and we are here to support you.” Do you know how powerful that is to hear? You don’t find that level of care at just any company.

We don’t try to force caring; it’s just who you are. I sat in on a session led by Spurs General Manager RC Buford a few years ago. He said it simply: “A company’s culture is developed by the kind of people you bring in.” When the right people are brought in, the culture essentially develops itself.

My closest friends now are current coworkers or have worked for the Spurs in the past. I’m in a wedding in June between two former Spurs coworkers. The groom’s bachelor party? Mostly members of our 2010 inside sales class. Many of them live in different states now across the country. When you have a culture that treats employees like family, it allows you to invest in each other as people, develop lasting relationships, and create a network of support that only translates into more cohesiveness in the workplace.

I can’t help but believe that the values of integrity, success and caring have led to so much success for the Spurs on the basketball court. I can say with certainty it’s what’s led to my personal success in the business office.

 

What’s new in S3 for 2016-17?

What’s new in S3 for 2016-17?
by Kirk Wakefield – April 2016

April 2016 Newsletter

We have big plans for the 2016-17 academic year. Here’s some of what’s in store!


Friday, November 4, 2016

S3 Senior Pro Day

  • Texas BBQ on Thursday Night:  S3 Advisory Board members meet the students & network with managers the night before interviews.
  • S3 Senior Interviews All-Day Friday: Managers meet each senior for 10 minutes in the morning, speed-dating style; then call back your top draft picks for afternoon interviews.
  • Stay over for the TCU-BU game on Saturday, November 5, 2016.
  • All S3 Advisory board teams and companies are invited to interview our 40 seniors for 2016-17! Board members should feel free to invite HR personnel to join us for the Senior Pro Day!
  • Virtual interviews may also be set-up for those who cannot make the physical trip to Waco.
  • Mark your calendars now. Official invites will arrive via email.

Tuesday & Wednesday, January 17 & 18, 2017

S3 Board Meeting

Based on insights provided by the S3 Executive Council and input from board members, we recognize that focusing on recruiting seniors in November and juniors in January better fits the schedules of many teams and companies. Hiring managers will get to meet every senior at the fall Pro Day and can still interview seniors at the January meetings. An additional benefit is that juniors will have a semester completed in the S3 program and be better prepared to meet board members and interview for internships.

Held right after Martin Luther King Day (1-16-17), the S3 Board meetings will include:

  • Junior Internship Recruitment & Senior Follow-up Interviews:
  • Phillips 66 Banquet & Corporate-Property Networking: Focused time to develop relationships with other S3 Board members.
  • Mentorship Hour: Share career advice with your mentorship group of S3 students. Board members will have the opportunity to volunteer as mentors and role models as a way of giving back to students as they begin their careers.
  • Ticket Insights: Roundtable discussion on pricing analytics presented by new S3 partners Eventellect & Stubhub.
  • Campaign Management: Roundtable discussion on best practices in strategy. Stay tuned, board members, for the opportunity to submit your best campaign strategy to present at the meetings.
  • S3 Brand-Building Brain & Barnstorming: Board members will discuss ways to strengthen and spread the good word about S3, as we continue to grow on a national and international basis.

We thank the S3 Board Members who recruit seniors for full-time positions and juniors for summer internships, as well as provide financial support for the program. We especially thank our anchor (1) corporate partners at Phillips 66, Eventellect, Schlotzsky’s, and La Quinta Inns & Suites, and (2) team partners at the Dallas Cowboys, Houston Texans and Dallas Mavericks. These organizations have gone above and beyond!


Welcome to New Board Members!

Dan Fleetwood, Vice President, Global Sponsorships, SAP

Patrick Ryan, Co-Founder of Eventellect

Geoff Lester, Head of Partnerships & Business Development, StubHub

Katie Scallan, Senior Manager, Engagement Marketing, Gulf States Toyota

Chris Talley, Vice President, Corporate Communications, USAA

Garrett Smith, Manager, National Soccer HOF Club Sales, FC Dallas

Doug McNamee, Senior Associate AD, Baylor

Katy Young, Director of Recruiting, Learfield

We also welcome, Christine Stoffel, CEO, SEAT Consortium, who will share some exciting news with us next month!


This month in the S3 Report we begin features on the culture, values and practices of some of our great team partners. This month, read about the San Antonio Spurs Sports & Entertainment:


Cover Photo: April S3 Club Meeting with San Antonio Spurs Brooke Gaddie (S3 2014) and Lindsay Beale (S3 2010) sharing insights with S3 students.

 

Floor or Front Office: It’s all the same at Spurs Sports & Entertainment

Floor or Front Office: It’s all the same at Spurs Sports & Entertainment
by Kirk Wakefield – April 2016

Values-driven

What values drive your organization? What values drive you, personally? If you had to choose one word–one value–to describe what is most important to you, what would it be?

Integrity–doing the right thing–is the most important value of the San Antonio Spurs Sports & Entertainment (SS&E) organization. You can’t miss it. The values of the organisse valueszation are posted throughout all the offices, meeting rooms and on the desks of the over 250 employees, which is sure to grow as SS&E recently added a fifth franchise, San Antonio FC, in the USL.

The success of the Spurs on the floor and front office is no accident. From ownership to the coaches and players to the interns, the values are clear. As Frank Miceli, Senior Vice President, Sales & Franchise Business Operations, shared, “They are openly discussed and shape everything we do from our ownership down to every member of the staff. We have a common vision,  engage in transparent communication and everyone has a voice. We are deliberate in our decision-making and are open about questioning everything in an attempt for continuous improvement.”

How do values shape the culture?

The three values of integrity, success and caring are the basis for daily operations. The same respect you see on the court you see in the offices, as employees are encouraged to collaborate, display humility and demonstrate a team orientation where no one person is more important than the team.

As Mr. Miceli points out, “Asking for help is not a sign of weakness, but of strength, to utilize the many talents and resources of SS&E.” Employees are more likely to ask for help and achieve personal and professional growth in a place where they know caring, respect, sincerity, support and compassion are part of the DNA of ownership and management.

Success is important at SS&E, but the process is as important as the outcome. An individual may have great personal success, but it must not come at the expense of the team. Rather, the team achieves targeted goals together, each pulling together and demonstrating care for others in the process. It’s not all about work for the sake of work; employees are encouraged for being creative and innovative and having fun along the way as they enjoy the journey together.

Baylor S3 success stories

Thanks to the leadership which began with Russ Bookbinder and continued thanks to Rick Pych, Frank Miceli, Joe Clark, Tim Salier, and Lawrence Payne, SS&E has hired the most graduates from the S3 program than any other partner.

Lindsay Beale (S3 ’10) started as a summer intern her junior year and joined SS&E after graduation as a group sales account executive. Mlindsay bealer. Miceli observes that Lindsay consistently exhibits all of the traits valued by the organization and climbed the ladder with patience and humility from account executive, to senior account executive, and now Group Sales Manager for all the SS&E properties.

Stephen Gray (S3 ’10stephen gray) joined the SS&E inside sales department after graduating from the S3 program. Stephen’s hard work led to a promotion with the organization’s AHL team, the Rampage. Stephen did very well selling, setting Rampage individual sales records. But, more importantly, as Mr. Miceli points out, “Stephen really understood the sales process and how to motivate others. He became Manager of Ticket Sales for our NBA D-League franchise in Austin and has really helped turn the franchise around.”

True Partnership

Many of the teams and companies who partner with the Baylor S3 program do so because of shared values. The relationship between the Baylor S3 program and SS&E operates as a true partnership, where the values of both organizations closely match. Issues and opportunities are discussed with transparency. Each is concerned for the welfare of each other, but most importantly, for the welfare of the young people entering and growing in the industry.

As Mr. Miceli shares, “We are honored to be members of the Baylor S3 Board. The relationship with the program and students has been very valuable for us from the standpoint of meeting(and hiring many) well-trained students ready to join the sports world in sales and customer data management.” In return, Baylor is deeply indebted to the leadership of the SS&E organization and their contributions to the school and the program.


The Baylor Sports Sponsorship & Sales (S3) program is the only academic program housed in a business school with a complete major focused entirely upon sports sales & analytics. Please contact us if you are interested in learning more about the Baylor S3 program by visiting www.baylor.edu/business/S3

Cover photo courtesy of Chris Covatta, SS&E and USL Soccer.

 

Branding You in the Business of Sports

Branding You in the Business of Sports
by Drew Mitchell – January 2016

Who are you?

What separates you from everyone else in your business? How is your brand perceived by others?

“Branding you” was the topic of our panel discussion held at the new Foster Campus for Business and Innovation at Baylor University. The audience consisted of students from the Sports Sponsorship & Sales (S3) program as well as sports industry executives. The panel included Tami Walker, Head of Brand Management for Phillips 66; Derek Blake, Vice President of Partnership Marketing and Military Programs at La Quinta Inns & Suites; and, Greg Grissom, Vice President of Corporate Development at the Houston Texans.

The discussion yielded important insights on how to brand yourself in any business, but specifically in the business of sports.  We each have a personal brand that makes each of us unique, as the iconic Dr Pepper brand reminds us, we are “Always One of A Kind.”

The Four Pillars

Derek introduced four key underlying principles of who you are and how others will see you.

  1. Connecting – Be a networker. Help people meet other people, which in return broadens your network.
  2. Humility – Unless you are an entrepreneur, you will always have a boss until you become CEO. And then you will have a board of directors. Always have the mindset of WIT–whatever it takes. Be willing to do anything, even if it means taking out the trash or making the coffee, no matter your seniority level.
  3. Integrity – “Don’t shift with the wind.” Do the right thing, even when no one is watching. During hard times don’t stray from core principles and values.
  4. Giving – Set yourself apart by giving back, regardless of how much money you make or what your position. Plenty of people know how to take. Being a giver means you are a service to your peers, business, society and the community.

Why Ration Passion?

Tami talked about how it was important to have a framework for your personal brand. First, you must develop expertise. Whether it’s through education, experience or a combination of other learning opportunities, expertise sets you apart from others. Know what skills and talents you possess and what skills you need to acquire. Second, you must have passion that distinguishes you from others.

Mike Libeckimike libecki is an example of someone who pursues his passion. Life is sweet–the time is now–so, why ration passion? Don’t hold back who you are and showing others what you love. Being passionate is being human. Don’t place a limit on your passion. Combining passion with expertise is a great combination.

Relatedly, Greg emphasized three ingredients to your personal brand:

  1. Passion – See a common theme here? Passion can change and evolve as you experience life, but decide what passion really makes you tick now.
  2. Competitiveness – Compete. Be bold. Make decisions. As a young adult and student, this is the perfect time in life to be bold and take a risk with your career.
  3. Trust – Your personal brand reflects those who surround you. Others see who you trust and those who trust you. Building trust with the right people in your network is important in building your brand.

Market your Brand

After you understand your personal brand, the next step is to market your brand. What good does your brand do if nobody knows about it? Here are a few pointers from the panel:

  1. Use the Power of Who – One of the commonalities among panelists was the power of your own personal network. Who you know influences the content of your brand and how you market it. Bob Beaudine has a great book titled “The Power of Who.” Read it if you want to grow your brand. One point Beaudine emphasizes is to use your “who” to market you.
  2. Get Involved – Involvement in a variety of activities places your brand across a wider market. I joined St. Jude as their Corporate Chairperson this past year. I am passionate about the cause. I wanted to share my talents. Serving introduced me to a totally new network of people. Get involved to serve. Don’t overlook the opportunity to build your network while you serve.
  3. Be Different – Being your own brand means being different. For example, since everyone is so consumed with social media and email, we forget about the power of postal mail. Executives may (dis)miss an email, but every hand-written note gets read. When you meet someone new, send them a hand-written note. That makes you different.
  4. Promote –Promoting your own personal brand is as easy as coming up with a username and password. LinkedIn is a free platform to share your talents and skills and connect with others. One approach–sometimes required by corporate policy–is to create separate professional Facebook and Twitter accounts. Use social media and digital strategically. Be careful. Most future employers will review before hiring.

Develop your Brand

Now that you understand what your brand is and how to market it, develop your brand. Notes from the panel include:

  1. Risk-taking– Green paper buys things. We like it. But don’t let money get in the way of your passion. Use the time early in your career to take a risk while responsibilities are low. Go deep on why you are passionate. Then ACT on that passion without caring about the financial compensation. Now is the time to set the momentum for your career. Money will follow.
  2. Learning Agility – Be a “seeker of knowledge.” The number one predictor of career success is learning agility, which includes people agility, mental agility and strategic agility.
  3. Power of Mentors – Mirror others that have success. A proverb provides, “Plans fail for lack of counsel, but with many advisers they succeed.” Identify seasoned veterans as mentors. Each executive you see today still has mentors who offer advice and serve as a mirror for the future self. Find someone who shares the same core values to help lead along your journey.
  4. Build your network – You always have room to add to your network. The bigger your network, the more visible your brand. It is still true: Who you know gets you the job. What you know keeps you there.

Derek Blake sums it up, plain and simple, “My name is all I have.” At the beginning of the day and at the end of the day, people buy you, not the product you sell. Be intentional–have a plan–on how to market your brand. Be the brand others can’t live without.

Want to know how to find your perfect employer in sports? Read on!

How sponsorships can add to the fan experience

How sponsorships can add to the fan experience
by Lynda Carrier-Metz – December 2015

What is the first sponsorship question?

The first question we ask as we develop each partnership with a sports team is: How can our involvement benefit our customers? The second question quickly follows: Will this partnership ultimately drive sales for our company?

When I was in college (quite a while ago), the athletic director needed to ramp things up. He brought in camels to race during the half-time entertainment.  I don’t recall a sponsor. It was a desperate act to get fans in the stands.  It was high on the shock-level, but not very interactive.

That was then…

When we signed our first sports contract a couple of decades ago, stadiums had limited sponsor signage. Game time sponsor entertainment was sparse. Sponsors were less sophisticated about how to leverage opportunities with sports teams.

Fast forward to 2016: Schools push back on sports management companies. They say there are:

  1. Too many signs,
  2. Too many (2-3) promotions in each break, and
  3. Too many spectators numbed to the exposure overload.

How can a sponsorship add to the fan experience?

What can we do? How can we add to the fan experience–rather than add to the over-commercialization of sports? Both seller and sponsor are responsible for assuring they enhance the overall event.  Otherwise, everyone loses.  Fans stop paying attention. Sponsor messages don’t cut through the clutter. Contracts aren’t renewed.

This situation happened to us with a long term partnership. We nearly walked away from future sponsorship. The cost was high. We didn’t believe the impact was what we once had.  Both parties reviewed what we were doing. We saw what was working and what wasn’t.  After months of discussing solutions, we found new events fans would enjoy with ways to focus our media to cut through. How?

  1. Own the opening game segment. Own the beginning of the game, both on TV and in-stadium.  During our post season review we determined the in-stadium activation was a really fun promotion. The kid-fans experience was great. But, awareness was low.  The promotion ran prior to the game before many spectators were in the stands to see it.  Rather than ditching a good idea the kids enjoyed, we did the promotion and ran a recorded “recap” immediately prior to the game.  Fans now in their seats see kids having a great time. Our brand is associated with that fun fan experience that can only occur by attending the game.
  2. Activate post-game purchases by tying it to the results of the game.  While supporting their team, fans know if the team wins. When they do, they win a way to buy our product for less.  We increased views and received only favorable comments on Facebook throughout the football season. We used social media and traditional media to promote. The sales results are great. (We lucked out with a near perfect season. If the team isn’t expected to win many games, make the tie-in connected to points scored or some other favorable outcome.)

These kinds of approaches work because we connected the promotion with (a) a clearly identifiable event that happens every game and (b) an enjoyable consumer (re)action. As a sponsor, align your brand with the team to offer a better product by focusing on how to make the fan experience more enjoyable.


Cover photo courtesy of Dustin Holmes.