US Targets 'Sports Fandom'... LG Electronics Officially Sponsors NCAA for 3 Years
Utilized for Logo and Content Marketing... Product and Brand Exposure in Broadcasts
Supporting Players' Classes and Training with TVs, Laptops, Monitors, and More
Exclusive Content Also Provided on LG Smart TV
LG Electronics is introducing NCAA-exclusive broadcasts and exclusive content available on LG Smart TVs.
[Photo by LG Electronics]
[Asia Economy Reporter Kim Heung-soon] LG Electronics recently announced on the 15th that it has signed a sponsorship agreement with the National Collegiate Athletic Association (NCAA) and will participate as an "official NCAA corporate partner" for three years until 2024.
The NCAA is an organization established to support college sports in the United States. More than 500,000 athletes from over 1,100 colleges are affiliated. This year's college basketball finals attracted about 17 million viewers nationwide, demonstrating its high popularity locally.
Through this sponsorship, LG Electronics will utilize the NCAA logo and content in its marketing activities in the U.S. It also plans to conduct various marketing campaigns leveraging "sports fandom," such as exposing the LG Electronics brand and products during game broadcasts.
LG Electronics will provide various products such as TVs, laptops, and monitors to NCAA athletes for their classes and training. While supporting the development of college athletes, the company aims to increase engagement with the MZ generation (Millennials + Generation Z) and continuously promote the LG Electronics brand to young customers.
Exclusive content linked with the NCAA will also be offered. U.S. customers can enjoy NCAA-exclusive broadcasts and documentary videos featuring popular athletes and teams on LG smart TVs equipped with webOS, including LG OLED TVs.
Previously, LG Electronics was the first Korean company to sign a sponsorship agreement with the NCAA in 2009 and conducted large-scale sports marketing for a total of six years until 2015.
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Yoon Tae-bong, Vice President and Head of LG Electronics North America and U.S. subsidiary, said, "Through large-scale marketing linked with college sports, we will expand opportunities to engage with the next generation of customers and actively target customers passionate about sports."
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