Ambush marketing is a marketing strategy used by companies to gain publicity and create brand awareness without having to pay for the sponsorship of an event. It involves using the publicity surrounding an event to promote a brand without actually being associated with the event. While this strategy can be effective, it also has some potential drawbacks.
Advantages –
The primary advantage of ambush marketing is that it allows companies to gain exposure without having to pay for the rights to be an official sponsor of an event. This can be especially beneficial for smaller companies that may not have the budget to compete with larger companies for sponsorship rights. Additionally, ambush marketing can be used to create a sense of excitement and buzz around a brand.
Drawbacks –
However, there are some potential drawbacks to ambush marketing. It can be seen as unethical or even illegal, depending on the…