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How the Citi Olympic sponsorship strategy uses the knowledge of the elaboration likelihood model

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  • John A Fortunato

    (Fordham University)

Abstract

The Elaboration Likelihood Model (ELM) explains that the individual involvement in a product category will motivate a person to evaluate brand messages in that product category more critically. This article claims that sponsorship is the ideal promotional communication method to apply the ELM principles. Sponsors should be using the knowledge of the ELM that explains how consumers evaluate messages when developing their activation programs and television commercials. The article provides an example how Citi has developed its Olympic activation program and television commercials to appeal to both high and low involvement product category customers. Citi promoted its mobile app and the Citi Thank You Visa card brand features to try to appeal to high involvement product category consumers, while promoting its Olympic brand association and its corporate social responsibility ‘Every Step of the Way’ initiative to try to appeal to low involvement product category consumers.

Suggested Citation

  • John A Fortunato, 2016. "How the Citi Olympic sponsorship strategy uses the knowledge of the elaboration likelihood model," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 21(1), pages 76-85, March.
  • Handle: RePEc:pal:jofsma:v:21:y:2016:i:1:d:10.1057_fsm.2016.2
    DOI: 10.1057/fsm.2016.2
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    References listed on IDEAS

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    1. O’Reilly, Norm & Lafrance Horning, Denyse, 2013. "Leveraging sponsorship: The activation ratio," Sport Management Review, Elsevier, vol. 16(4), pages 424-437.
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    4. Norm O’Reilly & Denyse Lafrance Horning, 2013. "Leveraging sponsorship: The activation ratio," Sport Management Review, Taylor & Francis Journals, vol. 16(4), pages 424-437, October.
    5. Petty, Richard E & Cacioppo, John T & Schumann, David, 1983. "Central and Peripheral Routes to Advertising Effectiveness: The Moderating Role of Involvement," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 10(2), pages 135-146, September.
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