Where to find them, what makes them buy, and what will show them a good time once they’re in.
At YouGov Sport, we’re able to draw on our panel of 9.6 million people around the world to really discover what the world is thinking. Our research and insight tools are designed to help marketers understand their core audience, their preferences and attitudes, and turn that insight into meaningful action.
As it pertains to premium seating, we thought we’d look at a specific audience – affluent sports fans – and provide a handful of insights which may help you understand your audience a little better.
We have defined this group as fans of sport who have a household income of $150,000 or more. So what can we tell you about this group?
Where is the affluent sports fan engaged?
First of all, how do you reach them with your marketing?
Our data suggests that, in terms of digital, you’d be well-advised to concentrate on LinkedIn, Twitter, and Instagram. Affluent sports fans are significantly more likely to have used these sites than regular fans in the last month. For example, in the case of LinkedIn, they are more than twice as likely to have visited.
If you want to reach this audience on TV, then primetime is when they are most likely to be tuning in. And you may be surprised to learn that magazine advertising is a good marketing option for you. Our affluent sports fan group is twice as likely than your average fan to dip into a host of different types of magazines, including genres like sport, health, travel, tech, business, news, and politics.
Thinking about radio? Catch these fans between 6:00 and 10:00 in the morning, when 36% of them will be listening (compared to 28% of regular fans).
What will make affluent fans buy?
Now that our data has given us a better idea of how to reach affluent fans, what does it tell us might persuade them to buy?
Well, most of these fans don’t agree that they will only attend events organized by brands they like, so they may be more open to a non-team-affiliated experience than you would think.
What might tip the balance in favor of your offer? More than half (62%) tell us they agree that brands should consider environmental sustainability when putting on an event. But they are also far more likely than regular fans to agree with the statement that they like to work hard and play hard, so they’re also looking to let their hair down a little too.
Referring specifically to sports events, affluent fans are much more likely to value proximity to the action (54% vs. 30%) than regular sports fans as well as their seats’ location in the row (35% vs. 22%). Interestingly, they are much more likely to consider price too (59% vs. 47%).
In contrast, seat size comes low down the list of consideration and is no more important than it is to regular fans, nor is leg room, the location of restrooms, or the merch that’s for sale.
What do affluent sports fans expect once they’re inside the doors?
Now you’ve got them through the doors. What does our data tell us about the brand and consumption preferences of our affluent fans?
Interestingly, they’re almost twice as likely to be vegetarian as regular sports fans (7% vs. 3.5%) and a little more likely to be vegan, so that’s something to bear in mind. They’re also twice as likely to consider the inclusion of organic ingredients as a criterion for selecting somewhere to eat out as well as significantly more likely to consider sourcing, healthiness, seasonality, and freshness when it comes to food.
When it comes to alcoholic drinks, wine is the favourite of these fans (18% compared to 10% for regular fans), with domestic, then craft-brewed beer coming up next.
The favorite beer brands for affluent fans also differ from those of regular fans. The top-three are Corona, Guinness, and Heineken (compared to Bud Light, Corona, and Budweiser for regular fans). In the spirits market, Jack Daniel’s, Tito’s, and Smirnoff come out on top for richer fans.
So there you have it – just a fraction of the insights we hold on just one audience segment. If you’re interested in how our data can help you deliver more effective marketing – and convert more sales – please get in touch. We’d be happy to tell you more.
This venue solution was published in partnership with YouGov Sport.
About YouGov Sport
We are a global sports, sponsorship, and entertainment research company, working with the industry’s key players to unlock meaningful, actionable insights. Founded as SMG Insight in July 2010, YouGov Sport is an integrated division of YouGov – one of the world’s largest and most respected research firms.
To learn more, contact Chris Todd, VP of New Business Sales – US, YouGov Sport at firstname.lastname@example.org or 206-919-9330.