Olympic Ambush Heats Up Li Ning-Adidas Rivalry
The slogan for the Beijing 2008 Olympic Games is "One World One Dream," but as I sat in Ditan Park last Friday evening with hundreds of other Chinese and foreigners watching the opening ceremony (BusinessWeek.com, 8/8/08) on two big TV screens, I couldn't help wonder what Olympic sponsor Adidas (ADDDY) was thinking as former six-time Olympic medalist Li Ning, who began a rival athletic apparel company under his own brand, lit the Olympic flame while suspended by wires 75 feet in the air.
By lighting the Olympic flame and overshadowing nearly $200 million in Olympic sponsorship and marketing spending by Adidas, Li Ning pulled off a spectacular bit of what advertising executives refer to as "ambush marketing:" a company tying itself in the public's mind to an event that one of its rivals is officially sponsoring (BusinessWeek.com, 3/13/08).