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Jul 3
Philips Single Sponsorships
The North American group of Philips Electronics is seeking to score another publicity philips_electronics.jpgand advertising coup with single-sponsorship of a supplement to Gourmet magazine. Philips is spending an estimated $ 4 million to secure exclusive advertising in a 98-page supplement Gourmet will polybag with their August issue. The insert is intended to provoke readers into “thinking about the act of eating in a richer and more interesting way,” an approach Philips believes is consistent with their own brand image. Philips has enjoyed notoriety (and presumably results) with the solo sponsorship technique in the past. The electronics giant one sponsored an entire episode of  CBS 60 Minutes on television, and as reported by Marketing Blurb, reordered the insides of Business 2.0, Fortune, People and Time magazines. We learned about this from The New York Times (free registration required.) Photo Credit: Philip Electronics

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