
'Nike and Adidas carpet-bombed the games with endorser-athletes and high-profile sponsorship deals, but smaller competitors such as Speedo and Puma achieved greater surges in awareness and buzz by backing a smaller group of athletes who just happened to dominate the games and much of the conversation surrounding them.' [AdAge]
As Michael Phelps continued to win one gold medal after another before breaking the world record and taking home eight, Speedo and Visa were by his side capitalizing on all the free publicity for its brand. Even Nike turned the injury of China's hurdler Liu Xiang into a marketing opportunity by releasing an ad affirming the company would stand by its endorser. So what did Puma — a sportswear brand focused on speed and style — do when Jamaica's Usain Bolt became the fastest man alive? Absolutely nothing. CONTINUED »