Olympics organizers accuse Scotiabank of ambush marketing with new campaign



Published on January 15th, 2010
Published on June 15th, 2010
The Canadian Press RSS Feed
Topics :
Scotiabank , RBC , Vancouver Olympic Committee , VANCOUVER

VANCOUVER - With less than a month to go before the Games, Olympic organizers have been quick to make their displeasure known about a campaign by Scotiabank showing fans in red and white cheering an amorphous sporting event.

Scotiabank is not a Games sponsor, and the "Show Your Colours" campaign, launched Wednesday in Vancouver, is misleading and threatens to undermine the value of Games sponsorship, said Bill Cooper, a spokesman for the Vancouver Olympic Committee.

"One thing to remember in this sort of ambush (marketing) topic is damage is caused immediately, and that's why we need to go to a resolution very, very quickly," he said.

The Royal Bank is the official Games sponsor and has been since 1947.

"The window in which RBC and others have to derive full value from their rights is a very finite window."

VANOC has asked Scotiabank to postpone the campaign, which asks Canadians to share their national pride through personal stories and photos. Camcorders are being given away as prizes.

While the campaign itself doesn't appear to use any obvious Olympic icons, several photos already posted by contest entrants include the Olympic rings and mascots.

Cooper said the timing of the campaign and its release in Vancouver, when taken in "totality," make it all too coincidental.

A Scotiabank spokeswoman released a statement saying the bank received a letter from VANOC the day before the campaign launch, resulting in "respectful discussion" and "some changes."

"We are currently reviewing the statement issued by VANOC (Wednesday) and we look forward to continuing our conversation with them to arrive at a mutually agreeable solution," Michelle Cobb said.

Cooper wouldn't say whether VANOC would launch legal action if the company doesn't comply with their requests, saying only that all avenues are being explored.

An RBC spokesman wouldn't comment on Scotiabank's campaign or if his bank asked VANOC to speak on its behalf.

"Trust and integrity are critical aspects of all of our business, including our sponsorship rights," said Chethan Lakshman.

VANOC has exclusive Canadian marketing rights to Olympic brands, meaning only official, paying sponsors are allowed to market under the brand.

Submit a Comment

Submit a Comment

This form is NOT used for emailing the article to a friend. Please use the "Send to a friend" link at the top of the page for that purpose.

The Guardian is not responsible for posted comments. Please be polite and confine your comments to the subject of the posted story. If you have an account, please sign on to it..

(we keep all emails private)
Agreement

We ask that users remain courteous. You may not post insulting, discriminatory or inappropriate content, which may be removed at our discretion. We are not responsible for user content and opinions. Use of this site as well as content submission & ownership are governed by our Conditions of Use and Privacy Policy.

Member organizations should be non-profit in nature, and promote legal activities. Any organization found promoting illegal activities or commercial products or services will be deleted from the site.

I agree with these conditions.

Advertising

Expert bloggers

Ride for Heart
Blogger
Heart and Stroke Foundation
Preparation is key
[Sponsored]

More bloggers here

Newsletter

Please enter your email to receive our free newsletter

Subscribe to news alerts
loading...

The Guardian Twitter

Advertising