Santander Bank
Formula 1: Strategic Services
Objectives
- Building a unique global brand
- Boosting the business in key markets
Minerva Marketing Solution
- Evaluation and recommendation of Formula 1 as a global brand platform
- Support in the optimisation of the sponsorship asset’s portfolio
- Support in the negotiation of the sponsorship considerations on a qualitative and quantitative level
- Design of an activation strategy around the different sponsorships
- International sponsorship ROI: monitoring and assessing the brand’s media exposure
- International sponsorship tracking: study on the real contribution of the sponsorship to the brand and to the Santander business
- Design and update of the dashboard for the strategic supervision of the sponsorships
Results
- Santander has become the second brand most associated to Formula 1 on an international level (source: Minerva Marketing)
- Formula 1 sponsorship has been five times more efficient than conventional advertising (source: Minerva Marketing)