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How Sports Broadcasting Will Help You Get More Business

Social media has made broadcasting easier than ever. The increased use of social media allows broadcasting companies to hone content to attract new audiences. Besides, broadcasting companies can now offer paid streaming services to their audience. Because sports events are held globally, the time zone differences can sometimes work against the broadcasters. Nevertheless, there are many advantages to leveraging broadcast graphics. The following are some ways in which broadcasting can help you get more business.

Live streaming

One way to make more money from 스포츠중계 is to offer unique viewing experiences that will draw in new fans. By introducing new products like augmented reality devices or digital collectibles, you can entice younger viewers to your games. Also, you can offer incentives to younger fans, such as non-fungible tokens. This will allow you to offer more value to your sponsors. The more you know about how to use these innovative products, the more business you will get.

OTT platforms

OTT video-on-demand (VOD) and live streaming have become valuable technologies. The market share in the entire streaming space is increasing exponentially, and sports broadcasting is no exception. As technologies become faster and more service-oriented, more sports teams and clubs are getting on the bandwagon. Here are some ways that sports broadcasters and content providers can make the most of the OTT trend.

Social media

Sports broadcasters are no strangers to the power of social media. There are over 3.8 billion people on the planet who use social media on a daily basis, and the number has steadily risen in recent years. With these numbers in mind, how can sports marketers leverage social media to gain more business? Here are some tips. First, consider the sheer size of the audience that you’re trying to reach.

Augmented reality

Sports broadcasters can use augmented reality to offer viewers a more realistic experience, from graphical analysis to detailed commentary. These new features allow users to enjoy the live game even more, and could potentially attract a younger audience. Sports broadcasters can also use point cloud data or other types of data to provide viewers with additional details. Many experts believe that sports broadcasting is a high-value market for AR, and that it has a number of marketing applications.

Customization

As the traditional broadcaster faces stiff competition from esports, personalised content and multicasting are becoming the new norm, the future of sports content is being re-imagined. To stay relevant, broadcasters must meet new standards of digital engagement to attract fans and retain existing ones. They must use consumer data to identify needs, create hyper-personalized experiences and invest in the necessary infrastructure and skills to make these developments a reality.

Cost

In 2015-16, the cost of broadcasting sports accounted for nearly half of the total cost of free-to-air TV networks, exceeding both overseas dramas and news and current affairs programs. According to IBISWorld, this cost is projected to rise as the costs of sports broadcasting rights grow. Even though TV networks continue to benefit from major sporting events, the rising cost of sports broadcasting represents a significant risk. In fact, the profitability of FTA broadcasters has steadily decreased over the past few years. The current operating profit of FTA broadcasters is predicted to be just three per cent in 2017-18.

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