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Ep. 46: Josh Walker - The Fluid Fan and the Future of Sports Business
- 2024/10/10
- 再生時間： 25 分
- ポッドキャスト
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あらすじ・解説
In this episode of "A Guy with a Scarf," Carlo de Marchis interviews Josh Walker from Sports Innovation Lab about the evolving landscape of sports fandom, data-driven decision making in sports, and the future of the industry. Key Takeaways: 1️⃣ The Fluid Fan Concept Sports Innovation Lab introduced the concept of the "fluid fan" to describe the changing nature of sports fandom. Walker defines a fluid fan as someone who is "open to change" and "empowered to choose" how they engage with sports content. "The fluid fan is open to change, which means that they are willing to watch a Premier League game, if they live in the US, they're Bundesliga fan and they're watching the NFL. They want to seek out new experiences." 2️⃣ Data-Driven Decision Making Sports organizations are increasingly focusing on collecting first-party data to better understand their fans. "Even if viewership is going down or if it's staying flat, what they believe, and they're probably very right about this, is if they get a better picture of who their fans are, they'll have an asset in addition to their rights that is future proofing their business." 3️⃣ The Rise of Women's Sports Walker highlights the growing demand for women's sports content and merchandise. "The whole women's sports angle in the US, the data that we put out three years ago said that fans were really eager to watch women's sports. We could see that." This trend is pushing up valuations of women's sports clubs and improving conditions for athletes. 4️⃣ Impact of NIL Rules in College Sports The introduction of name, image, and likeness (NIL) rules has created new opportunities for college athletes and brands. "As an amateur athlete, you can get endorsements, you can be paid for playing your sport much before you're actually a pro. And that has changed the way that brands actually think about this opportunity." 5️⃣ Fragmentation of Media Rights Major sports leagues are diversifying their media rights across multiple platforms. "Most of the fans that are really strong fans for one league or another, they are actually maintaining four to six different OTT streaming platforms. And that's very expensive." 6️⃣ The Future of Sports Viewing Walker predicts more personalized viewing experiences. "We are going to have more and more personalized media opportunities. Meaning that you're going to see something very different than I'm going to see if I'm watching the same two teams." 7️⃣ Regional Differences in Fandom The concept of fluid fandom may manifest differently across various geographies and cultures. "I think when you get into Europe, where these teams have been around 200 years, they've been playing forever in the local communities... I think that there's a much tighter sort of cultural and local and even societal connection to those teams than we do in the US." 8️⃣ The Enduring Appeal of Sports Despite changes in fan behavior and media consumption, Walker remains optimistic about the future of sports. "I think it's ingrained in all of our cultures." 9️⃣ The Importance of Social Media for Athletes Social media has created new opportunities for athletes to build their personal brands. "There's something we see with the younger athletes that when they're savvy on social media, this name, image and likeness thing is really an unlock for them." 🔟 The Evolution of Sports Innovation Lab Walker explains how their focus has shifted to understanding fan behavior and providing data-driven insights. "We are now taking all of that and putting it in what we call the sports data cloud. And that cloud, it's become sort of like this universal 360 view of what fans actually buy, where they spend their time and their money." The interview also touched on: The potential for younger athletes to gain significant followings through social media. Challenges for sports merchandise producers to keep up with demand, particularly in women's sports. The impact of player transfers on fan loyalty. The overlap between sports betting and streaming subscriptions. The potential for sociological studies on generational fandom differences. Walker's insights provide a comprehensive look at the current state and future trends of the sports industry. As the concept of the fluid fan gains traction, sports organizations, media companies, and brands must adapt their strategies to meet evolving consumer preferences. The future of sports will likely be characterized by more personalized experiences, data-driven decision making, and a blurring of lines between traditional sports consumption and new forms of engagement. The sports industry is at a crossroads, with traditional models of fandom being challenged by technological advancements and shifting consumer preferences. The rise of women's sports, the impact of NIL rules, and media rights fragmentation are all contributing to a complex ecosystem. Understanding and adapting to these changes is crucial for success in the modern ...