Mars to Be Honored With NASCAR Marketing Achievement Award
Sponsorships create fifth sales season on par with Christmas
Published in CSP Daily News
DAYTONA BEACH, Fla. -- Mars Inc. will be honored with the 2012 NASCAR Marketing Achievement Award at the NASCAR NMPA Myers Brothers Awards held at Encore at Wynn Las Vegas on Nov. 29.
Throughout its 23-year partnership, Mars has directly engaged race fans, customers and associates through an integrated marketing strategy that spanned across multiple activations, including intellectual property, promotions, public relations, B2B, online, broadcast, event marketing and retail.
The partnership represents one of the longest standing within the sport.
"Mars' execution of a fully integrated strategy within NASCAR exemplifies the spirit of the award and has been the catalyst to the brand's success in the sport," said Jim O'Connell, chief sales officer for NASCAR. "One of our longest standing partners took full advantage of its sponsorship, raising the bar with innovative ideas designed to engage our brand loyal fan base, its associates and ultimately move product off the shelf."
A recent study revealed that Mars receives an impressive four-to-one return on its investment in NASCAR (measured by Mars tracking data). Additionally, its sponsorships create a fifth season of sales for the brand, which is on par with the size of the company's Christmas selling season.
"The NASCAR sponsorship model is driven by brand loyalty and Mars has been behind the wheel of a best-in-class partnership," said William Clements, vice president of sponsorships and sports marketing for Mars Chocolate North America. "Our successes have been led by innovation that extends to customers, consumers and associates, and capitalizes on NASCAR's broad fan base that represents approximately one-third of the U.S. adult population. We are honored by this award and continue to see the strength and growth of our partnership with NASCAR."
In 2012, Mars executed several integrated marketing initiatives designed to reach its three key stakeholders--customers, consumers and associates--in an effort to extend beyond the iconic M&M's paint scheme. The following initiatives have resulted in Mars and its family of brands becoming some of the most recognized in the sport:
*Conducted consumer-centric promotions like the current "M&M'S When We Win, You Could Win Sweepstakes" that energizes customers and engages fans.
*Pioneered the now popular TV panel program which places the logo of key retailers on the rear "TV panel" of the No. 18 M&M's Toyota to drive exposure and incremental sales.
*Made race day more fun with the "Best Seats in the House" program, providing fans with the ultimate seat upgrade at select tracks in the series.
*Engaged associates with dedicated NASCAR ambassadors to celebrate the No. 18 M&M'S Toyota successes and team news.
*Hosted NASCAR Day at Mars Chocolate North America's headquarters in Hackettstown, N.J., featuring Joe Gibbs Racing (JGR) owner Joe Gibbs, Kyle Busch and the entire No. 18 M&M's Toyota team.
Each year, NASCAR recognizes an industry partner who has exemplified the spirit of NASCAR through integrated marketing campaigns for all racing fans, consumers and employees. Previous winners of the NASCAR Marketing Achievement Award include: Anheuser-Busch, Coca-Cola, ESPN, FOX/TNT/NBC, Gillette, Kmart, Nationwide Insurance, Office Depot, Sprint, The Home Depot and Toyota.
The National Association for Stock Car Auto Racing Inc. (NASCAR) is the sanctioning body for one of North America's premier sports. NASCAR races are broadcast in more than 150 countries and in 20 languages.
Mars Chocolate is the North American chocolate operations of Mars Inc. Based in McLean, Va., Mars Inc. has net sales of more than $30 billion and six business segments including Petcare, Chocolate, Wrigley, Food, Drinks and Symbioscience. Mars brands include Chocolate: M&M's, Snickers, Dove, Galaxy, Mars, Milky Way and Twix; Petcare: Pedigree, Whiskas, Sheba, Cesar and Royal Canin; Wrigley: Orbit, Extra, Starburst, Doublemint and Skittles; Food: Uncle Ben's, Dolmio, Ebly, Masterfoods and Seeds of Change; Drinks: Alterra Coffee Roasters, The Bright Tea Co., Klix and Flavia; and Symbioscience: Seramis, Cirku and Cocoavia.