Today I was walking through the Volvo Ocean Race Village on my way from our base to the race headquarters for a meeting. While wearing my 'MBA hat', I was thinking about why this stopover has been so overwhelmingly popular. This sort of enthusiasm is common for the Volvo Ocean Race in Europe where the race is followed intensely. However, consider that these fans are not sailors. They know absolutely nothing about sailing nor anything about the history of the race. I asked myself "why are they all of these people here if they are not sailing fans?"
I've figured it out. Strangely, this stopover reminded me a lot of the Cherry Festival in Traverse City Michigan. If you either live or vacation in northern Michigan, the Cherry festival is a 'must attend' summer event. It doesn't matter if you grow, pick, sell, bake, or for that matter, even like cherries, you'd still go to the festival as a highlight of the summer season. Volvo has managed to not only capture the adventurous imagination of the local people of Cochin, but they've also turned this stopover into a 'must attend' event for the local people. 'Bravo' Volvo....this is exactly where the future of the 'professional' end of our sport needs to head.
The 2008 edition of the Volvo Ocean Race seems to be extending the path for the future commercialization of professional sailing. This race is creating a fantastic show for the public to match the intense racing on the water. While this race will always have a loyal technical and sailing fans, this world class event is developing into a traveling 'circus' with attractions, concerts and up-close and personal access to boats and teams. Meanwhile behind the scenes sponsors are using this event to entertain and build relationships with their most valuable customers. Team sponsors are also using the stopovers as a platform for launching global internal communications and team building projects. Throw in a parade of elephants here and there and it's easy to see that there is a lot going on at a Volvo Ocean Race stopover!
-Matt out
Sunday, December 7, 2008
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