Points of difference
I doubt you’d see this local enthusiasm for a major international sporting event. Our way of expressing passion and excitement pales against that of the Brazilians for their football…futbol. What excitement it will be.
Why ‘points of difference’? Well, this is quite a tournament, local controversies and global FIFA controversy, it is singularly the largest single sporting event on the calendar, Brazil increased the scope, ie the number of host cities, by 50% but really did not appreciate all that would mean, a high proportion of locals are not happy with the money spent although they’ll mostly be dedicated Brazil supporters, major sponsors are spending big both locally and globally, as are their non-sponsor competitors…and above all it will still be amazing fun.
Andrew Das, New York Times World Cup editor writes: ….in the Flamengo neighborhood, where countless Brazilian flags flutter in the steamy air, attached to everything from apartment balconies and car antennas to streetlights and tree branches.
If Brazil is ambivalent about the Cup, someone clearly forgot to tell the children on Rua Honório de Barros. They blocked the end of the short street with a cardboard box on Sunday night while they painted over the blacktop with cartoons and caricatures and chalk drawings of everything from city landmarks to Brazil’s coach, Luiz Felipe Scolari, and his players.
At the end of the block was a line of six gold stars. Brazil, of course, has earned only five so far — for its World Cup titles in 1958, 1962, 1970, 1994 and 2002. But on Rua Honório de Barros, the clear belief is that a sixth is only weeks away.
Have look at England players learning to dance the capoeira during a visit to the Rocinha Sports Complex in Rio de Janerio.
England players learn the capoeira
The Cup is underway
The Opening Ceremony featured Jennifer Lopez, after loud denials just a few days ago that she’d be there. Also rapper Pitbull and Claudia Leitte. It was musical fiesta. With plenty of empty seats. (Photo by Getty Images)
More than 3 million tickets have been sold. The next weeks will be amazing. Notwithstanding strikes and various interruptions.
GO SOCCEROOS on Saturday, vs Chile…watch it at 8am.
The first match was one with a few hearts in mouths as Brazil hit an own goal and star Neymar saved the day, saved the Brazilians’ skin for another day. Controversy from the start with Croatia claiming they were robbed.
A great lift for Brazil to start with a win.
The Guardian’s Owen Gibson filed this report on the Fifa-approved atmosphere around the stadium:
Less than 8km away, police remain engaged in stand off with protesters who tried to block the main highway to the stadium, but around the Arena de Sao Paulo itself the scene will be a familiar one to anyone who has travelled to a major tournament in recent years. Inside the security cordon set up up around the stadium, for which tickets are required, the atmosphere is excited if somewhat antiseptic. The street stalls offering beers and barbequed meat that were here on Sunday have been shipped out to make way for Coca Cola and Brahma sellers to comply with Fifa’s regulations. Exhibitionist fans in wacky costumes are clowning around for the TV cameras, some sort of Budweiser sponsored fan fest is in full swing and supporters of different stripes are gathering to pose with flags and fake World Cups. One group of Croatia fans from Chicago has set up camp on a grass verge near the gates. Inside the stadium itself, things seem to be running relatively smoothly, although there are still more than a few rough edge back of house and there is understandable nervousness about whether everything from the turnstiles to the wi-fi will work as it is supposed to. But the atmosphere is building in brilliant sunshine – quite a stark contrast to the tense stand off less than 20 minutes away.
Jorge Knijnik writes, call me if the Seleção scores, please! Exploring Brazilians’ ambivalent feelings towards the mega event. A very insightful piece, well worth the read…
Read Jorge’s full article here
How big is the money?
World Cup Brazil will generate US$4 billion in total revenue for FIFA, or 66% more than the previous tournament in South Africa in 2010. The vast majority of the money will come from the sale of television and marketing rights. The World Cup generates more revenue for its association than any other sports tournament, save the Olympics (based on revenue per-event-day, the NFL’s Super Bowl reigns supreme). FIFA’s profit for the Brazil World Cup: US$2 billion.
Almost all of the revenue FIFA generates comes from television rights (US$1.7 billion) and marketing rights (US$1.35 billion).
US$70 million will go to the competition prize money.
The projected economic impact of the Fifa World Cup 2014 is estimated at $27.8 billion, according to the Brazilian government – but the actual impact will be largely dependent on the tournament taking place with finished and fully functioning venues, minimal social unrest and the anticipated number of overseas visitors arriving, giving Brazil the economic stimulus that it seeks.
Brazil offers an array of business opportunities
The main sponsors, corporate partners as some like to say, include Adidas Emirates, Sony , Visa V -0.2%, Hyundai and Coca-Cola . Blue chip companies love to throw money at the World Cup because it is followed passionately throughout most of the world.
I’ve been far from overwhelmed by World Cup advertising…oh sure you can see it about the traps but it’s not ‘big and exciting’ although I guess some brands such as Adidas and Nike have their targets and dedicate accordingly. And then there was that betting company’s balloon affair in Melbourne – out of the box but tacky?
Read our coverage on Adidas and Nike, Coke and Pepsi…
Read the Adidas-Nike article at New Millennium Business –
Read the Coca Cola – Pepsi article at New Millennium Business -
How about this for near-ambush marketing? … from KFC in the US….
How will Brazil benefit?
If Brazil can successfully host the World Cup, its rewards in the stock market, international trade, tourism and global politics could outweigh the huge costs of running the event, writes Tim Harcourt.
Read Tim Harcourt’s article
McKinsey Global has taken a view about Brazil’s path to inclusive growth.
More than 25 years of democracy and political stability have allowed Brazil to make major strides in economic development, including cutting its official poverty rate by half. Yet the forces that provided much of the economy’s momentum during the past decade—an expanding labour force, credit-fuelled consumption, and high commodity prices—are beginning to stall.
As new markets open, Brazil has a crucial opportunity to weigh the state of its connections with the global economy. The country has traditionally focused on mitigating the risks of openness, but the inward-focused policies of the past probably won’t be sufficient to meet its goals for inclusive growth and higher living standards. Government and business leaders can increase Brazil’s dynamism only by harnessing the potential of global connections to increase productivity; by tapping into more of the world’s ideas, research, and best practices; by encouraging greater digital connectivity; and by increasing the flow of skilled workers and international students. The country needs a new catalyst for growth that can deliver broad-based prosperity to the vast majority of its citizens—and that catalyst could be found beyond its borders.
Here’s a link to the full McKinsey study
About “Back on the Block”
Published by New Millennium Business. The company is led by Ericc Winton, who is widely known across the business of major international events.
I help you create defining moments….bring meaning, magic and memory to events.
As an Events Strategist and knowledge broker, I’ll help you with events planning and business, working closely with enterprises like yours.
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