Fan Engagement Drives Business and Millennials are willing to pay for it

Platforms like the Fanisko Engage help both teams and fans alike by providing all of this scattered content under the same roof. It increases the fans’ engagement time with the team, it offers live play-by-play predictions, top trending content, AR/VR gaming, engagement rewards, fan behavioral analytics, call-to-action campaigns that draw fans to the stadium, all making up for lost revenue.

The TV Era of fan engagement is slowly but surely coming to a close. People are still watching sports on TV, yes, but it is not the only entertainment provider out there. Now it’s all about social media and the different outlets it provides. In a 2017 interview, Robert Kraft, principal owner of the New England Patriots, said that “[Millennials] don’t watch TV, they don’t have TVs or subscribe to cable. So we have to bring that audience in.”

He is right, of course. A lot of revenue came from TV ads, but since people are no longer watching TV as they used to, naturally, that revenue also went down. Sports leagues are now scrambling to find ways on how to make up for that loss but they feel stuck in the ‘stone age,’ not knowing how to approach the issue.

Fan Engagement in the 21st Century

Millenials and the younger generation are all over social media nowadays. The general interest in sports has also waned a bit, especially with those 24 and younger, but most people still consider themselves avid sports fans. In the US, that number is around 86% of the general population, with millennials showing the most interest in sports.

But since they’re no longer watching TV, what they do instead is to turn to the almighty internet and get their sports content there. In fact, 92% of all those under 24 get their sports information from social media. What they like most about it is the fact that the entertainment keeps on going long after the game ended. Like Brian Hughes, senior VP of audience intelligence and strategy at MAGNA Global USA puts it “[Their] increased interest in short-term things, like stats and quick highlights… has funneled some young viewers away from TV.”

And it’s precisely because of those “short-term things” that sports leagues and teams find it so hard to engage with their fans. Most of them have mobile apps of their own, but millennials are almost anywhere on the internet, looking up their team, except on the team’s app.

Platforms like the Fanisko Engage help both teams and fans alike by providing all of this scattered content under the same roof. It increases the fans’ engagement time with the team, it offers live play-by-play predictions, top trending content, AR/VR gaming, engagement rewards, fan behavioral analytics, call-to-action campaigns that draw fans to the stadium, all making up for lost revenue.

The Really Good Part

Statistics show that over 90% of sports fans are willing to pay for sports programming. Millennials, unlike their older counterparts, are willing to pay the most for premium sports content, probably because the older generations got used to receiving theirs for free from TV.

Whatever the case, the market is there waiting to be seized, but the problem still remains with the sport’s teams who can’t seem to find a way of capitalizing on this fan engagement. Platforms like Fanisko can provide this bridge and allow for a streamlined and all-encompassing fan engagement virtual space.

Keeping up with the Millennial Tech-Savvy Sports Fan

The world is changing, and it’s changing so fast that many businesses, big and small, can hardly keep up. The same thing can be said about sports leagues and teams who are finding it increasingly hard to understand, or even engage with their fans anymore.

The world is changing, and it’s changing so fast that many businesses, big and small, can hardly keep up. The same thing can be said about sports leagues and teams who are finding it increasingly hard to understand, or even engage with their fans anymore.

It was not that long ago when broadcast and cable television dominated sports viewership. This made it somewhat easy for sports leagues to track their fans’ likes, dislikes, habits, and preferences since TV acted as a sort of “funnel” where most supporters gathered to consume their product. But those days are fast disappearing and TV’s monopoly on entertainment is now over.

Statistics show that traditional TV viewership is in decline among all demographics below the age of 49. Teenagers between the ages of 12 and 17 are showing the greatest decrease, with their viewership dropping by a whopping 11% year after year. Sports also seems to take an extra hit as people between the ages of 18 to 24 show the least interest in it among all other entertainment shows.

From TV to Social Media

Despite these facts, there is still some hope. While traditional TV viewership may be declining, digital usage is on the rise. What’s more, 86% of Americans still consider themselves sports fans. Even more hopeful is the fact that the majority of these fans, especially those between the ages of 15 and 36, are willing to pay for quality sports content.

Among millennials, the most commonly used outlets from where they get their sports content are Facebook and YouTube, and a total of 92% of sports fans between the ages of 18 and 24 use social media as their main source for sports information.

What really draws millennials and the so-called Generation Z (those born after 2000) to these digital outlets is the convenience of having access to all sorts of highlights, bloopers, or behind-the-scenes perspectives that keep the entertainment going long after the game is over.

Enter Fanisko Engage

Sports teams have tried to get ahead of the game here by creating their own digital apps in an attempt at keeping their fans entertained. But while fans are consistently engaged with their teams, they are doing it in all sorts of digital places except within the team’s app.

What Fanisko Engage does here is to bring both the benefits of social media and traditional TV viewing into one platform. Fans no longer need to change from Facebook to YouTube to Instagram to Twitter and then back again since all they need is within this one-stop engagement platform. It also offers live play-by-play predictions, AR/VR games, engagement rewards, and personalized content to keep the fanbase “under the same roof.”

Fans are sure to respond to this sort of diversity as well as the convenience of having everything they need on one single platform. It increases their engagement time, it keeps them on the team’s page for longer, and because of the integrated analytics system, it helps the marketing department better understand their wants and needs for a better overall experience.