The Indian men's hockey team has clinched first Olympic medal in 41 years and this achievement will not go unnoticed by the brand world.
"Hockey is the national game. The country is all about cricket. Now, hockey will also become mainstream. Star hockey players may see brands signing them," said Sahil Chopra, Founder and CEO- iCubesWire, a digital marketing agency.
Chopra added that while cricket gets all the attention it is not an Indian game. So, post the win, Chopra thinks that many 'make in India' brands will show interest.
Darshan M, Founder of PLAY Sports, Media and Entertainment Pvt Ltd, concurs.
"Hockey is an Indian sport. A medal like this will give visibility to the sport and will make kids want to get into hockey. There will be more attention and following which will indirectly contribute to brands following the individual sports persons. And any brand building on national pride which looks at make in India for positioning, hockey is perfect because it is our game unlike cricket or soccer."
Darshan added, "another set of brands that would qualify will be those that focus on team work like delivery companies, banks, etc. Any business where you need multiple people to make things work associating with this game will work. Like for delivery platforms, from Swiggy to courier companies, it is the team work which involves packing guy to last mile delivery guy and same is with hockey where it is a coordinated way to go forward.
Then comes the regional brands because hockey is big in Punjab and Haryana. "So, a farm equipment like tractor... would benefit from tying up with a hockey player and his glory," Darshan said further.
Even Neerav Tomar, MD and CEO, IOS Sports, a sports marketing firm, that manages the portfolio of Manpreet Singh, captain of Indian men's hockey team, recently in an interview to Moneycontrol had said that hockey players are seeing interest from both national and regional brands.
In fact, the men's hockey team even before winning the bronze medal was seeing interest from advertisers.
Tomar had said that while some players like Singh may bag endorsement deals from national brands, others will secure deals from regional brands.
"In terms of commercial brand engagements, we have a set of heroes for both national and regional levels," he had said.
He had also pointed that the beauty of a sport like hockey is that it creates 11-14 stars.
If we look at top players like Manpreet Singh and Rupinder Pal Singh they have associated with big brands earlier.
In 2018, German footwear and apparel brand Adidas had got on board men's hockey team captain Manpreet Singh to endorse the brand.
This year, another sportswear brand Puma had signed as many as signed 15 Olympic-bound Indian athletes and three para athletes. And this included hockey players -- Rupinder Pal Singh, Harmanpreet Singh, Mandeep Singh, Gurjant Singh.
While the bronze medal will change things in terms of bagging endorsement deals for Indian hockey players, there still is a long way to go.
"There has to be consistency in the wins. And hockey has to find its way back into the national narrative. The players have to become easily recognisable faces. The game has to be more visible on television. Only then will brands warm up," said Sandeep Goyal, MD, Rediffusion, an ad agency.
Darshan also pointed out that all depends on how well the hockey players remain in the public eye, how they make their social media profiles, how visible they are and that will determine their commercial success.
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