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Chinese firm first to sponsor World Cup

Yingli Solar logo

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TEXT OF STORY

Bob Moon: Here are some numbers we didn't get to a moment ago from today's World Cup: United States 2, Slovenia 2. For now, that keeps hopes alive for the Americans, but the tie also leaves the team at risk of not advancing in the South African games.

If you want to know the real global score, though, keep your eye on the billboards circling the field.

Marketplace's Rob Schmitz noticed something new, in between the Adidas and McDonald's signs: The World Cup's first Chinese sponsor.


Rob Schmitz: The ad is for Yingli, China's giant solar panel manufacturer. The company is China's first to become a global sponsor of the World Cup. Yingli spent at least $100 million so that its name will appear on TV for about eight minutes each game during the month-long event. They're targeting European countries that offer big subsidies for solar panels.

But they're also positioning themselves for a growing Chinese market. The global PR firm Ogilvy handled the Yingli account. Ogilvy's Scott Kronick says it's all part of trying to promote Chinese companies as a global brand.

Scott Kronick: And you're going to see not only Chinese companies trying to build a global presence and using sports sponsorships to do so, but you'll see them kind of using global sports sponsorships as a prestige value to communicate back into China.

And, says Kronick, you're already starting to see well-known western brands using the world stage to show off their names in Chinese. This spring, English Premier League players wore jerseys emblazoned with the Chinese characters for Danish beer maker Carlsberg. At least someone in the world can afford to buy imported beer these days.

I'm Rob Schmitz for Marketplace.

About the author

Rob Schmitz is Marketplace’s China correspondent in Shanghai. Follow Rob on Twitter @marketplacerob
Dennis Deng's picture
Dennis Deng - Jul 8, 2010

To Sridhar Reddy's comment:

Yingli's ad got more exposure because they display the ad prominently in Chinese characters. To the average viewer, though Mahindra Satyam sounds exotic, one cannot assume it to be Indian (could very well be another American consulting firm started by Indian-Americans).

Plus, Solar technology is a hotter topic than IT consulting/outsourcing.

Just my two cents on the lopsided attention paid to two new-comers to the marketing at marquee event scene.

Sridhar Reddy's picture
Sridhar Reddy - Jun 19, 2010

While there is so much being made of the Chinese sponsor, no mention is made of the Indian company - Mahindra Satyam - that is among the sponsors for the World Cup. I wish your report had also mentioned that.

Whitney Landon's picture
Whitney Landon - Jun 18, 2010

Here's a pic of one of those English Premier jerseys, Liverpool-Chelsea in fact. I've had a fond spot for Carlsberg Elephant since a mid-70's visit through the big gate there though alcohol is long past, in my arsenal of vices.

Can't upload the images, but here they are. Power of marketing. Phoo. Cheers.

http://www.carlsberggroup.com/Experience/EXPO2010/Pages/SpecialEXPObeerl...

http://www.carlsberggroup.com/media/PressKits/brands/Pages/ElephantPress...