Tesco: Greedy Company Which Does Not Sponsor Sport

13

Comments

  • andyxm
    andyxm Posts: 132
    Stanley222 wrote:
    Large companies do not sponsor teams in sport to give something back to the community or to try and inspire people to get out and try a sport (despite what their marketing spokesperson may say) - they only reason they do it is so they can get their logo plastered over a car / shirt / ball etc etc

    They do it to get noticed so they can inflate their profits

    All the stuff about marketing and effect on profits is just what we journalists call 'lies' to keep the shareholders happy.

    Having worked in a marketing department that was involved in sports sponsorship I would strongly disagree. The effectiveness of marketing spend is very closely measured and monitored to ensure that the company is getting value for money. In the end a company has to make a decision between sponsoring a football team or putting a few adverts in the break during corrie and that decision isn't generally made on the basis of whether the CEO likes corrie or not.
  • andyxm

    Key phrase you've missed: 'more commonly'. My observation is that there's an awful lot of sport fanatics in high positions in companies that sponsor those sports.

    I'm sure they get the marketing department to help cook up excuses to placate the shareholders too, but since a marketing department's job is to cook up pretty lies that's hardly surprising.
    John Stevenson
  • flybywire wrote:
    Tesco imo rank alongside Coke-Cola , Mars, Nestle and Macdonalds for sponsoring sport. The likes of these companies should not be able to promote their unhealthy products in a sporting arena...

    On the contrary, it is exactly such companies that should be sponsoring sports and that should be trying to encourage participation in sports. If these companies have a role in creating the national obesity crisis, then they should also have a role in tackling it.
  • Tesco make a song and a dance about healthy eating but its isn't really + they're overpriced

    Jesus. Somebody make it stop.
    Tescos sell fruit, vegetables, grain, lean meat. They also sell other stuff. It's down to the user to decide whether they buy the healthy stuff or not. Rant FAIL.
    Overpriced? The whole argument against Tesco from NIMBYs is that they undercut all the local independent shops because they can sell stuff cheaply.
    Go away, and have a think about what you wrote.
    I'm no fan of Tesco, but let's *just for once* have a fact or two in a BR thread. Thanks.
  • Smokin Joe
    Smokin Joe Posts: 2,706
    flybywire wrote:
    Tesco imo rank alongside Coke-Cola , Mars, Nestle and Macdonalds for sponsoring sport. The likes of these companies should not be able to promote their unhealthy products in a sporting arena...

    On the contrary, it is exactly such companies that should be sponsoring sports and that should be trying to encourage participation in sports. If these companies have a role in creating the national obesity crisis, then they should also have a role in tackling it.
    Tesco have no role in creating the national obesity crisis. What makes people fat is what they shove down their throats by choice. Tesco satisfy a demand, as the do by selling fresh fruit and veg.
  • meanredspider
    meanredspider Posts: 12,337
    It's a pretty complicated debate. Many of the promotions in Tesco are on the stuff that's not good for you (confectionary, alcohol etc) but people can choose what they buy. It is pretty cynical though. And there is such a thing as corporate responsibility.
    ROAD < Scott Foil HMX Di2, Volagi Liscio Di2, Jamis Renegade Elite Di2, Cube Reaction Race > ROUGH
  • P_Tucker
    P_Tucker Posts: 1,878
    And there is such a thing as corporate responsibility.

    Yeah, its a good marketing gimmick.
  • meanredspider
    meanredspider Posts: 12,337
    P_Tucker wrote:
    And there is such a thing as corporate responsibility.

    Yeah, its a good marketing gimmick.

    More like the lack of it is bad for business. You don't need to be good just not bad...
    ROAD < Scott Foil HMX Di2, Volagi Liscio Di2, Jamis Renegade Elite Di2, Cube Reaction Race > ROUGH
  • RichN95.
    RichN95. Posts: 27,253
    flybywire wrote:
    Tesco imo rank alongside Coke-Cola , Mars, Nestle and Macdonalds for sponsoring sport. The likes of these companies should not be able to promote their unhealthy products in a sporting arena..

    Their products are only unhealthy in excess. Plenty of pro cyclists eat chocolate and drink Coca-Cola. (Unless they can't get the can open like Hushovd in this clip: http://www.youtube.com/watch?v=7E3VcIsMzZ4 )
    Twitter: @RichN95
  • Pross
    Pross Posts: 43,463
    Personally I feel that the vouchers for schools is a far better way of bringing kids into sport at a grass roots level than chucking millions at a Premiership football team or even a pro cycling team. I do a lot of work for Tesco and admit they are a pain in the backside to deal with, driving prices down to near unsustainable levels whilst raking in billions in profit but ultimately they are a business and that is their sole purpose. The whole leaving land derelict thing someone mentioned is also a bit of an exaggeration, on the whole any vacant sites will be due to them struggling to get planning consent although some will have been bought strategically to stop other supermarkets getting a foothold in the area but even in those cases Tesco would look to sell it on to a 'suitable' end user at some point. One of their biggest problems is delivering enough new floorspace each year to satisfy the City so they don't bank land for the fun of it.
  • rick_chasey
    rick_chasey Posts: 75,661
    Private company tries to make as much money as possible.

    No waaay...
  • dilemna
    dilemna Posts: 2,187
    I read in the comic this week that Tesco has stepped in to save the Rutland-Melton UCI International CiCLE Classic on April 17.

    http://www.cyclingweekly.co.uk/news/lat ... assic.html

    That's good of them don't you think?
    Life is like a roll of toilet paper; long and useful, but always ends at the wrong moment. Anon.
    Think how stupid the average person is.......
    half of them are even more stupid than you first thought.
  • OP retires to wash a mass of egg off his face! :lol:
    Remember that you are an Englishman and thus have won first prize in the lottery of life.
  • meanredspider
    meanredspider Posts: 12,337
    As I have a son with cancer and they're raising money for Clic Sargent http://www.clicsargent-tesco.org.uk/
    that works for me....
    ROAD < Scott Foil HMX Di2, Volagi Liscio Di2, Jamis Renegade Elite Di2, Cube Reaction Race > ROUGH
  • rick_chasey
    rick_chasey Posts: 75,661
    Tesco's increasingly dominant market position, at the expense of the consumer, is certianly an issue.

    It's not much to do with sponsoring sport mind.

    Given that cycling is about as credible as Sarah Palin right now, as fans of the sport (most of us anyway), we should be thankful there's any cash going in its direction at all.
  • mrc1
    mrc1 Posts: 852
    Private company tries to make as much money as possible.

    No waaay...

    Same applies, but for reference Tesco is a public company.
    http://www.ledomestiquetours.co.uk

    Le Domestique Tours - Bespoke cycling experiences with unrivalled supported riding, knowledge and expertise.

    Ciocc Extro - FCN 1
  • rick_chasey
    rick_chasey Posts: 75,661
    mrc1 wrote:
    Private company tries to make as much money as possible.

    No waaay...

    Same applies, but for reference Tesco is a public company.

    Touché.
  • MattC59
    MattC59 Posts: 5,408
    mrc1 wrote:
    Private company tries to make as much money as possible.

    No waaay...

    Same applies, but for reference Tesco is a public company.
    So tesco is owned by the state then ?
    No.

    Tesco is owned by share holders, ie private individuals, or groups of private individuals. A public company is one which is owned by the state.
    Science adjusts it’s beliefs based on what’s observed.
    Faith is the denial of observation so that Belief can be preserved
  • pitchshifter
    pitchshifter Posts: 1,476
    MattC59 wrote:
    mrc1 wrote:
    Private company tries to make as much money as possible.

    No waaay...

    Same applies, but for reference Tesco is a public company.
    So tesco is owned by the state then ?
    No.

    Tesco is owned by share holders, ie private individuals, or groups of private individuals. A public company is one which is owned by the state.

    Tescos is a Public Limited Company (PLC). Owned by shareholders.... not the state...
  • rick_chasey
    rick_chasey Posts: 75,661
    MattC59 wrote:
    mrc1 wrote:
    Private company tries to make as much money as possible.

    No waaay...

    Same applies, but for reference Tesco is a public company.
    So tesco is owned by the state then ?
    No.

    Tesco is owned by share holders, ie private individuals, or groups of private individuals. A public company is one which is owned by the state.

    Nuh uh.
    A public company or publicly traded company is a company that offers its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets.

    You're right that i meant private as opposed to state, but mrc is indeed correct.
  • Ollieda
    Ollieda Posts: 1,010
    dilemna wrote:
    I read in the comic this week that Tesco has stepped in to save the Rutland-Melton UCI International CiCLE Classic on April 17.

    http://www.cyclingweekly.co.uk/news/lat ... assic.html

    That's good of them don't you think?

    In line with John Stevenson's comment, it's most likely that this sponsorship came about because someone involved with the Tesco Charity Trust has an interest in cycling and pushed for this event to go ahead. Any profit gain from marketing for this event is likely to be fairly small in the grand scheme of things.
  • meanredspider
    meanredspider Posts: 12,337
    It's fair to say that publicly traded companies are probably more profit-focused than privately held companies. The shareholders expect a return and the companies are in competition for investment. The same isn't necessarily true for private companies where the owner(s) might decide that profit is less important (for a whole host of reasons)
    ROAD < Scott Foil HMX Di2, Volagi Liscio Di2, Jamis Renegade Elite Di2, Cube Reaction Race > ROUGH
  • spen666
    spen666 Posts: 17,709
    Up until Sky took over sponsorship of British Cycling, Tesco were sponsoring the BC Go Ride schemes
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  • freehub
    freehub Posts: 4,257
    I bet those F1 drivers do physical exercise to get to a good fitness even thought all they do is sit in an F1 car. Same goes for those people that ride super bikes, the place I go, one of these super bike riders uses the computrainer for training...
  • rick_chasey
    rick_chasey Posts: 75,661
    It's fair to say that publicly traded companies are probably more profit-focused than privately held companies. The shareholders expect a return and the companies are in competition for investment. The same isn't necessarily true for private companies where the owner(s) might decide that profit is less important (for a whole host of reasons)

    Tell that to the big bank shareholders :wink:
  • meanredspider
    meanredspider Posts: 12,337
    It's fair to say that publicly traded companies are probably more profit-focused than privately held companies. The shareholders expect a return and the companies are in competition for investment. The same isn't necessarily true for private companies where the owner(s) might decide that profit is less important (for a whole host of reasons)

    Tell that to the big bank shareholders :wink:

    That's mostly us these day, isn't it.... :roll: :wink:
    ROAD < Scott Foil HMX Di2, Volagi Liscio Di2, Jamis Renegade Elite Di2, Cube Reaction Race > ROUGH
  • rick_chasey
    rick_chasey Posts: 75,661
    It's fair to say that publicly traded companies are probably more profit-focused than privately held companies. The shareholders expect a return and the companies are in competition for investment. The same isn't necessarily true for private companies where the owner(s) might decide that profit is less important (for a whole host of reasons)

    Tell that to the big bank shareholders :wink:

    That's mostly us these day, isn't it.... :roll: :wink:

    (sssh, but of the big investment banks, it's only RBS that the gov't has a stake)
  • Ollieda
    Ollieda Posts: 1,010
    It's fair to say that publicly traded companies are probably more profit-focused than privately held companies. The shareholders expect a return and the companies are in competition for investment. The same isn't necessarily true for private companies where the owner(s) might decide that profit is less important (for a whole host of reasons)

    Just because a company is privately held it doesn't mean that it's not responsible to it's share holders. Being private means sales of shares are controlled (amung other differences of course), many private companies still have a large amount of share holders and arguably large private companies are more profit-focused as their investers( the share holders) will want a return on their investment or they will pull out which can cause the company problems
  • MattC59
    MattC59 Posts: 5,408
    MattC59 wrote:
    mrc1 wrote:
    Private company tries to make as much money as possible.

    No waaay...

    Same applies, but for reference Tesco is a public company.
    So tesco is owned by the state then ?
    No.

    Tesco is owned by share holders, ie private individuals, or groups of private individuals. A public company is one which is owned by the state.

    Nuh uh.
    A public company or publicly traded company is a company that offers its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets.

    You're right that i meant private as opposed to state, but mrc is indeed correct.

    Uh huh ! :D

    Your above quote taken from that reliable source, Wikipedia.

    A Public company and a Publicly trading company are different things. A publicly trading company, or PLC is still private, as is a company owned by an individual. The public can buy into it, but they are still private individuals.
    A Public company is state owned, ie owned by all of the public.
    Science adjusts it’s beliefs based on what’s observed.
    Faith is the denial of observation so that Belief can be preserved
  • mattshrops
    mattshrops Posts: 1,134
    if people refused to buy/eat shi@e then tesco et al would very quickly stop selling it. supply and demand and personal responsibility for your own actions.

    cycling IS on a high in terms of popularity at the moment. i believe that is more linked to our track success rather than TdF. also issues of easy accessibility etc.

    me personally? id prefer to shut my doodabs in the car door than watch F1. BUT there should be no denying their superb levels of fitness.
    Death or Glory- Just another Story