318 - Is Race Car Sponsorship a Smart Marketing Strategy?

I LOVE it when I get seeded! I was seeded a little while back from long time listener Steve Keil from The Laser Group to go to a corporate race day with a Porsche V8 Supercar that The Laser Group sponsors. I think it's fair to say that this episode is the highest octane, adrenalin pumping full throttle show I have ever produced. Have you ever wondered what the ROI on sponsoring a race car is? I've often wondered what the point was in having your logo on a race car that was belting down the race track at 200 km/hr. Is it really good brand awareness? Is it really worth the money? How much does it cost anyway? In this episode I take you along for the ride (literally). I had a microphone on me all day and interviewed Steve Keil about why he decided to sponsor a race car, and it may not be the reasons you think. I also had the chance to interview V8 supercar racing legend Steve Richards about his car which is his business and his approach to obtaining great sponsors. I spoke to some Laser Group staff and some of their clients to really get the full picture on the whole racing car sponsorship thing.   By the end of this episode if nothing else you will be entertained. You will also have a clearer picture of what it means to sponsor a racing car and a whole new perspective on staff and client engagement. The verdict? I'm all for it! Thanks so much to Steve Keil and The Laser Group for seeding me, and also Steve Richards for keeping me alive! Enjoy this one team, I know I did!         EPISODE TIMELINE   02:08  Welcome & overview02:55  Insights into WebCentral04:04  Today’s introduction to the race day17:30  Cornerstone Business Solutions18:50  Race day - Part 234:08  My top 3 attention grabbers from the race day36:46  Wrap-up and insights in to next week’s guests       EPISODE SPONSORS (PLEASE SUPPORT THEM)   WebCentral listener offer – Helping your website get found, fast.   Cornerstone Business SolutionsReduce your business running cost by up to 90%     RESOURCES & LINKS MENTIONED   The Laser Group's official websiteSteve Richard's official racing siteSmall Business Big Marketing Blog: Seeding, Sponsorship and Social MediaEpisode 14 - How seeding can help grow your brandBuy Timbo’s new marketing book The Boomerang Effect     OVER TO YOU …   What was your biggest marketing learning or ah-ha moment from this episode? Leave your comment below. My guest and I respond to each and every comment.Support the show: https://www.patreon.com/marketingpodcastSee omnystudio.com/listener for privacy information.