While the rest of us were simply praying the 33 men trapped in a Chilean Copper mine would survive, Oakley appears to have lucked into a marketing bonanza.
According to a statement from Oakley, a Chilean journalist apparently recommended the company’s eyewear to a Chilean private health insurer. The insurer called Oakley and Oakley responded by donating 35 pairs of Radar With Black Iridium lenses, according to a story on CNBC.com.
Now, thanks to all the images of happy rescued miners rocking Oakley, the company has gotten world-wide branding on an enormous scale. The sponsorship evaluation firm of Front Row Analytics figures the value of Oakley’s “protective eyewear” donation is worth about $41 million.
Eric Smallwood, vice president of project management for the company, told CNBC that the company took into account the live coverage, the recaps and a rough estimate of the audience watching around the world. . . Front Row broke the exposure down by country. Oakley will get the most exposure in China ($11.7 million), $6.4 million in the United States, $898,000 in the United Kingdom and $703,000 in Chile. . . “It’s a goodwill gesture that will turn into mass amounts of exposure for Oakley in a positive manner,” Smallwood said.
How’s that for disaster marketing?
[Link: CNBC.com]
