James DeLorenzo Shares New Ways To Monetize Athletes’ Digital Assets

A few years ago it may have been common for a public relations firms who represented athletes to market their clients without taking full advantage of online applications and platforms. Certainly some athletes had their own websites, such as Grant Hill who was an early innovator of the idea, but no one was really using Twitter, Facebook, or many of the new applications to drive traffic towards their clients’ brands.

That is certainly a time of the past. Recently, I was fortunate to chat with James DeLorenzo, Vice President of Octagon Digital and founder of Twackle.com,  to hear  some of the ways Octagon is using new digital tools to help monetize their athletes’ digital presence online.

Certainly there are many applications, tools, and widgets that the public can get their hands on to help promote their personal brand or the brand of their company, but DeLorenzo has helped clients use more athlete-specific tools.

“We have fanwaves.com that is building a whole service just for athletes and we also have a service called gummy jungle, which is essentially a widget overlay tool that allows an athlete to better tie together their different digital touch points, ” DeLorenzo said.

Using Twitter as a marketing tool has proven to be difficult over times, as the general consensus among fans is that they prefer not to have too many marketing messages appearing in their twitter feed. Fanwaves is one way that Octagon is addressing this problem. Fanwaves enables an ad unit to be placed on sites that an athlete, team, or league links to through their Twitter messages. FanWaves is also able to monetize tweets that a sports publisher sends that include a link to third party sites. When a user clicks on the link within the Tweet, the FanWaves technology inserts an advertising unit about the navigated website.

Regardless of the company, many of them have a Facebook, Twitter, YouTube, and blog to name a few. In the age of social media, many of these platforms are a must have from the standpoint of a marketer. However, the public may have limited awareness that they exist, unless companies let their audiences know they’re there. One way Octagon helps athletes with this is a widget overlay tool called gummy jungle that allows for a convenient search bar or graphic to appear over each of digital touch points within a certain brand. This lets people easily navigate from a place such as the website, to twitter, to Facebook; all within the single click of the mouse.

Online platforms are more popular than ever for marketing purposes and relationship building between audiences and brands. It’s great too see people such as James DeLorenzo and his team at Octagon coming up with new, innovative ways to monetize and tie-together digital assets.

At eWayDirect, we feel it is extremely important for brands to integrate everything they’re doing online. One of the ways we help companies do this is by building their own social community hub/platform. This gives brands the ability to bring all their social content from around the web into one place so people can see what’s going on.We also add a layer of community to this to bring audiences and brands closer together and enable new ways for brands to reach their enthusiasts, all in an environment that the brand owns. Most importantly, this helps companies understand the spending habits and true value of their community members vs. non-members. If you’d like to learn more about our solution, contact us for a demo and we’d be happy to share our full approach.

  • http://www.jasonfpeck.com JasonPeck

    Great job, Matt. Thanks for putting this together. And thanks to Jim for taking the time to share these thoughts.

  • http://twitter.com/MattGClark Matt Clark

    You learn great information when you talk to someone like Jim. I learned new facts about gummyjungle and fanwaves, an application I think that can prove to be very resourceful.

  • http://activ8social.com dcSportsGuy

    Fantastic piece on pro athletes and monetization Jason … thanks for sharing with everyone!

  • http://www.jasonfpeck.com JasonPeck

    It was actually our intern, Matt Clark, who put this together. Glad you enjoyed!

  • http://activ8social.com dcSportsGuy

    Sorry about that Matt … congrats on a well done post! Look forward to more from eWay direct!

  • http://twitter.com/MattGClark Matt Clark

    Glad you enjoyed it! Thanks for the credit Jason but I appreciate your help fine tuning it.