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India vs Pakistan T20 World Cup : Advertisers Expected to Pay Rs 4 Lakhs Per Second

REMYA BABU S by REMYA BABU S
June 9, 2024
in Cricket, FAQ, News, Sports
0
India vs Pakistan T20 World Cup

India vs Pakistan T20 World Cup : The cricketing world is abuzz with anticipation as arch rivals India and Pakistan gear up to face each other in a historic T20 World Cup clash on June 9, 2024. Set against the backdrop of the Nassau County International Cricket Stadium in New York, this match is not just about sports; it’s a global spectacle poised to command unprecedented advertising rates. With an estimated Rs 4 lakhs (approximately $4,800) for a single second of ad space, this encounter is expected to be one of the most lucrative in cricketing history.

Let’s have a look into more details: India vs Pakistan T20 World Cup

India vs Pakistan is one of the most electrifying matchups in the cricketing calendar. This rivalry transcends sports, captivating millions with its rich history and intense competition. The upcoming T20 World Cup encounter holds extra significance, being hosted in the United States for the first time. This unprecedented venue choice has only amplified the buzz, especially after Pakistan’s shocking loss to the US team, adding more drama to the showdown.

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Advertising Goldmine

The India-Pakistan match is expected to be a goldmine for advertisers. Industry experts, including Santosh N., managing partner at D&P Advisory, estimate that ad slots could fetch up to Rs 4 million (approximately $48,000) for a 10 second spot. This is double the average cost of Rs 2 million for a similar slot in other India matches. To put this into perspective, while a 30 second Super Bowl ad costs around $6.5 million, and a UK ad during the 2022 Football World Cup fetched about £400,000, the rates for the T20 clash underline the colossal viewer interest.

Sponsors and Global Brands Jump In

Leading multinational brands like Emirates, Saudi Aramco, and Coca-Cola have already secured sponsorships for the tournament, eager to tap into the vast audience this match will draw. The strategic scheduling of the game to coincide with peak viewership hours in South Asia ensures maximum reach and engagement.

The ICC’s decision to co-host the T20 World Cup in the US is a bold move aimed at expanding cricket’s footprint in North America. The tournament’s games, including the high profile India vs Pakistan clash, are designed to captivate the large South Asian diaspora and engage new audiences.

Support from Tech Titans

The American push into cricket is supported by influential figures in the tech industry. Tech giants like Sundar Pichai (CEO of Alphabet), Satya Nadella (CEO of Microsoft), and Shantanu Narayen (CEO of Adobe) have invested in Major League Cricket, highlighting the sport’s growing appeal in the US. Their backing reflects the potential for cricket to thrive in a market dominated by traditional American sports.

Tickets for the India vs Pakistan match sold out almost instantly, with fans clamoring for a chance to witness the spectacle. Originally priced between $6 and $25, ticket resale prices have skyrocketed, reaching up to $3,500 on secondary markets. This overwhelming demand underscores the match’s significance and the fervor of the cricketing fanbase.

Whether in the stadium or tuning in from home, fans from both nations and beyond are brimming with excitement. Figures like Debarghya Das and Rohail Asad exemplify the global diaspora’s passion, eagerly awaiting this high-stakes encounter.

The India vs Pakistan T20 World Cup clash is set to be more than just a cricket match; it’s a global event that transcends sports, culture, and commerce. With advertisers ready to shell out Rs 4 lakhs per second, this match highlights the immense commercial value and global appeal of cricket. As the world prepares for this historic showdown, it’s clear that the impact of this game will be felt far beyond the boundaries of the cricket field.

Read more : ICC T20 World Cup 2024 Schedule: All the Details about the Teams, Fixtures, Venues and More

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