If you haven’t heard already, the popular online entertainment hub 10Bet has recently declared that they will be going forward with a mirage of sponsorships, including the beloved Motema Pembe Football Club and Red Arrows.
On its own, this is already spectacular news. The benefits that each of the teams will be able to get from this new sponsorship as well as all the new opportunities they will get access to is truly something to marvel at. However, this whole ordeal may go much deeper than just a few football club sponsorships. In reality, this recent move by 10Bet could even send a shockwave throughout the entire sports industry of Africa as a whole.
In this article, we will be taking a look into the reasons why 10Bet’s new venture into the sports industry may actually cause a huge shift in the African economy at large, as well as discussing a few of the far-reaching benefits that this new sponsorship deal will have on the industry.
More Funding & Support Helps Everyone
When a company sponsors a team, it not only benefits the team in question, but also the community in which it is located as well as every other team that happens to play against them.
The fact that the 10bet Zambia branch of 10Bet is now wholly supporting Daring Club Motema Pembe Football Club and Red Arrows means that these teams will be able to put much more effort into their marketing campaigns, meaning every event they attend will have a higher turnout.
Of course, there’s also the obvious benefits of sponsorship such as more funding to spend as they would wish, and that is more than useful in its own right. When it comes to the question of how football clubs make revenue, the answer can get pretty diluted fairly quickly. However, in short, football clubs manage to make money through a variety of ways, the main one being dependant on how big of a crowd they are able to attract when playing at an event.
So, now that Daring Club Motema Pembe Football Club and Red Arrows have access to much more revenue to spend on their marketing outreach, the sports industry as a whole will reap the benefit from this.
In reality, sports sponsorships are hugely beneficial, and far too few people realise just how important they are.
Bringing Awareness and Starting a Trend
Amazing – 10bet live in Zambia – it’s been a while coming, but we are likely to see a plethora of interesting changes take place. Other businesses will look at 10Bets decision to launch in Africa, and with 10Bet being as large and successful as it is, it is highly likely that other companies make take the plunge and expand upon their own interests in Zambia.
This is due to the fact that it makes logical sense to assume that 10bet deemed that it would be a profitable venture to launch their services in Zambia, and businesses will soon flock to try and capitalise on this untapped market.
Of course, Investing in Africa is something that a wide array of people have already been doing for the better half of this century, and 10Bet is certainly not the first company to venture into their borders. However, there is no doubt that 10Bets decision to launch in Zambia will more than likely inspire a plethora of companies to also take the plunge, which will bring nothing but growth to the Zambian economy.
It really is going to be interesting to see how this situation unfolds, and we can’t wait to see what Daring Club Motema Pembe Football Club and Red Arrows are able to do with all of this newfound funding and support.
In reality, even a seemingly small thing like a football team sponsorship can make a huge difference in a struggling nation like Africa, and there is no doubt that both teams will be able to make the most of the new opportunities they now have available to them.
With Africa’s economy being in the state that it is, there has never been a better opportunity for investment. Furthermore, it is almost guaranteed that in the not so far future, we will see more and more companies opting to open their services within Africa and getting involved with the economy.
We wish Daring Club Motema Pembe Football Club and Red Arrows all the best, and we hope they are able to put this newfound support into good use.