Kitomari Banking & Finance Blog is a premier site for banking, finance, business, economic, investment and stock market news as well as selected informative articles from Tanzania, East Africa and the rest of the World. We operate 24 hours a day, 365 days a year with complete context, perspective and precision.
Wednesday, 29 September 2021
SPORTPESA SECURES OVER 9 MILLION AUDIENCE WITH MDUNDO PARTNERSHIP
One of the leading entertainment and sports betting company, SportPesa Limited has signed a long term advertising deal with Mdundo in Tanzania, securing the platform’s 9.7 Million users for a period of one year.
The deal valued at $100,000 will see SportPesa serving up to 600 Million Audio ads to the 9.7 Million users during the engagement period. The partnership will also see SportPesa benefit from Mdundo's Brand Lift tool, giving the brand access to real time insights on the performance of its various campaigns on the target audience.
This deal comes as a further testament to Mdundo’s innovative, results driven solutions for its clients, having worked with leading brands from across the continent such as Standard Chartered Bank, Nivea, 9mobile, Safaricom, Coca-Cola, Guinness, Airtel, Vodacom, Carrefour Supermarket and various Diageo brands.
Mdundo also recently announced music bundle partnerships with Airtel Nigeria, MTN Nigera and Vodacom Tanzania, building on the company’s innovative solutions to help brands effectively reach their target audience.
Head of Brand Partnerships at Mdundo.com, Rachel Karanu, says “Creating commercial value for our brand partners is key to a long-term and sustainable partnership.SportPesa is an extremely innovative and forward-thinking brand with a strong focus on meaningful brand connections to drive results. We’re looking forward to working with the strong marketing team at SportPesa”.
SportPesa Limited has established a leading brand within Tanzania through a strong focus on data-driven marketing and channel-optimisation, a brand-strategy that is strongly aligned with Mdundo’s Brand Lift Tool introduced earlier in the year. The tool provides consumer brands with real-time insights on brand performance within the Mdundo Audience allowing the marketing teams to continuously optimise campaigns and improve the returns of media investments.
SportPesa Chairman of the Board of Directors Tarimba Abbas says “We are very excited to start working with Mdundo.com on this project, considering the successful campaigns of other strong brands we are expecting excellent results during this fact-based campaign.”
Since advertising on Mdundo, Sportpesa has realised 48% brand growth among the platform’s audience, with the brand improving across all four metrics of awareness, consideration, favourability and purchase intent.
The leading music streaming service has also launched a new version of the brand lift tool,containing additional features including media habits, category penetration and music taste that are aimed at providing valuable insights for the marketing industry within different audiences.
The tool will continue to be freely available on Mdundoforbrands.com providing data for over 30 product categories within Food & Drinks, Connectivity, Financial Services, Personal Care and Fabric & Home Care.
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