GLOBAL IMPACT OF SPORTING EVENTS: MARKETING IMPLICATIONS AND CULTURAL TRANSFORMATIONS
GLOBAL IMPACT OF SPORTING EVENTS: MARKETING IMPLICATIONS AND CULTURAL TRANSFORMATIONS
Author(s): Ivan Milojević, Issa Hemed Ramadhani, Dejan Gojkov, Joao KaputoSubject(s): Social Sciences
Published by: Факултет за спорт
Keywords: sport entrepreneurship; sport management; sport business; entrepreneurship
Summary/Abstract: This paper critically examines the global influence of sporting events on marketing practices and cultural dynamics in contemporary society. Building on established theoretical frameworks of sports marketing and event management, it analyzes the mechanisms through which mega-events and transnational leagues generate economic value via sponsorships, media rights sales, and digital platforms, while simultaneously shaping consumer behavior and fan identity. Special attention is given to branding processes (of places, organizations, and athletes) and “glocalization” strategies that blend global marketing standards with local cultural codes to enhance relevance and audience engagement. The study highlights the ambivalent cultural effects of such events-between the homogenization of global pop culture and the strengthening of local symbolic resources as well as issues of social legacy, sustainability, and equitable access. Synthesizing findings from documented scientific literature, the paper proposes an analytical framework linking marketing implications (attention monetization, brand management, engagement measurement) with cultural transformations (identity reconfiguration, media convergence, participatory practices). Ultimately, it argues that the effects of sporting events are context-dependent: marketing outcomes are most sustainable when aligned with local cultural narratives, sustainable policies, and long-term community development goals.
Journal: SPORTICOPEDIA-Sports Media and Business
- Issue Year: 3/2025
- Issue No: 1
- Page Range: 173-186
- Page Count: 14
- Language: English
