Question

"Putting one’s name on a stadium can be an expensive proposition, and the prices continue to increase. Discuss whether this would be a good investment for a company, and why or why not."

Answer 1

Yes

Step-by-step explanation:

Yes, this is normally a good investment for a company but some factors do need to be considered. The first one being, whether or not the product/service you are going to promote has a customer base within the population of visitors to the stadium. If so, then you need to consider how big this targeted audience is and if a small portion of these individuals purchases your product will it cover the costs of the investment. On average, a stadium holds roughly 70,000 individuals, multiply this by the number of events in the stadium during the time period of your ad and you can get an idea of the number of individuals that will be exposed to your ad and whether or not it is worth it for the company. Yet, on average it is usually a good investment.