Did you all noticed Singtel's advert ?
SingTel gained from being F1 sponsor
Singapore Telecommunications (SingTel) says that taking on the title sponsor role for the Formula One race last year had strengthened its brand name and built up brand awareness.
As a result of its association with the race, it has seen improvements in customer perception of 'key brand attributes' such as innovation and customer experience, based on feedback from customers here in Singapore as well as in overseas markets.
Taking into account the global financial crisis, 'we will manage our overall advertising and promotional budget in line with our revenue', SingTel Singapore chief executive Allen Lew said.
The budget usually varies with revenue. However, Mr Lew declined to comment on whether the amount invested this year as title sponsor is comparable to last year.
While SingTel did not reveal actual figures, last year's investment amount is believed to be in the
region of around $15 million. And this year, SingTel will ramp up its sponsorship activities to 'bring the magic of the races to everyone, not just hardcore fans', added Ms Chua. One pair
of 2009 F1 tickets will be up for grabs each week from now till the week of the race at
www.singtelrace.com.
There are Bay, Padang and Pit grandstand tickets as well as premiums collectively worth over $100,000 to be given out. The SingTel Grid Girls will also be back in a 16-part television series that will air from today. In addition, SingTel's race car simulators will be available at 13
roadshows, the first of which kicks off at Parkway Parade on March 27-29.
It's all about "how much you made when you were right" & "how little you lost when you were wrong"