LOOKING AHEAD 2014: One Major Factor that will Detemine Your Success in Nigeria Football Business this Year
Sports
business in Nigeria has its peculiar nature. It isn’t all about football, but
we all know nothing else work here. Nigeria is more or less a mono sport country and
that’s not going to change in 2014.
Indeed, many
sports business entrepreneurs may be looking out for what going to change, what
will be the secret of success in football market in Nigeria this year. Well, if
you ask me I will say, nothing. It’s no secret. By mere reading sports
newspapers almost anybody could tell what it is.
The one
secret of success in football business as in any other business for that
matter, ‘is to give the consumers what they want! What they want to watch, read
and play.
What most
football fans in Nigeria will go for is no secret at all. So Sports
entrepreneurs will continue to creatively serve English Premier League (EPL),
UEFA Champions League (UCL), then the FIFA World cup. This is the menu for
2014.
TV Sports Broadcast
Business
Viewing centers will continue to be packed out by fans, either watching EPL, UCL or international friendlies leading to FIFA World Cup and in June all eyes will be on Brazil. So Satellite TV providers such as DSTV and HITV may have a slight increase in subscriptions and major Satellite sports stations such as SuperSports, Sky Sports, ESPN.. will continue to smile to the bank this year.
Viewing centers will continue to be packed out by fans, either watching EPL, UCL or international friendlies leading to FIFA World Cup and in June all eyes will be on Brazil. So Satellite TV providers such as DSTV and HITV may have a slight increase in subscriptions and major Satellite sports stations such as SuperSports, Sky Sports, ESPN.. will continue to smile to the bank this year.
Sports programs on local TV stations will also be dominated by EPL, UCL and FIFA World cup news and updates. It’s easy to see all these pattern through the headlines of Sports and major newspapers in Nigeria.
Sports Merchandize Business
For Sports merchandize business this year, it will still be about Manchester United, Chelsea, Arsenal, Barcelona products (Jerseys and other memorabilia). Although, Manchester City, Bayern Munich, Real Madrid are beginning to win fans in Nigeria and their products will soon pick up sales.
For Sports merchandize business this year, it will still be about Manchester United, Chelsea, Arsenal, Barcelona products (Jerseys and other memorabilia). Although, Manchester City, Bayern Munich, Real Madrid are beginning to win fans in Nigeria and their products will soon pick up sales.
Few local clubs and academies may buy from major sport wear companies like Adidas and Nike. Adidas is likely to make more sales this year selling the new Super Eagles Jersey to fans. But again, the Chinese merchants may ambush the sales by flooding the parallel market with cheaper replicas.
Why Fans May
Not Still Patronize NPFL
The peculiar
nature of sport business environment in Nigeria today is such that majority of football
consumers don’t patronize the local league. Corporate organizations may decide
to sponsor some elements of the local league for other reasons other than
revenue and profits.
Indeed,
corporate sponsors were scared off in large part because of poor public image
resulting from massive corrupt practices and leadership strife in Nigeria
Premier League (NPL); now re-branded as Nigeria Professional football League
(NPFL) since Nduka Irabor led League Management Company took over.
Urgent
Project LMC Must Embark Upon in 2014
NPFL
urgently need to cleanse itself of the multiple scandals in the mind of most
football consumers in Nigeria. Any good marketer knows that he has to get the
product right before marketing it. LMC is saddle with the re-engineering of
what seem to be abad product.
Why LMC Must
Partner With Local Media
LMC should
understand among other things that product re-enforcement require a more
expansive television packaging. LMC must partner with local TV stations.
NPFL
marketing should create a range of programs far beyond just select match
broadcast on SuperSports NPFL need more creative programs to re-enforce fans
consciousness and interest towards the league.
Though, the
local TV stations demand a more stable and professionally managed league with a
cleaner image.
Indeed,
there should be a media palling aimed at a more expansive viewership all
around the country and beyond, There should also be more flexible TV rights
with varied fees affordable at all level of thew media strata.
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