concept   sponsorship
culture   Asia
statement   Sponsorship in Asia is commonly used to increase visibility and secure partnerships, primarily in the esports and gaming industry.

4 similar statements
# Concept Culture Statement Freq.
1 racing sponsorship Asia Less common for companies to sponsor racing events and teams due to cultural and regulatory reasons 1
2 sponsorship Asia Prominent in the esports and gaming industry, with companies often sponsoring professional gaming teams and tournaments to reach a tech-savvy and younger demographic. 1
3 sponsorship East Asia Seen as a way for companies to demonstrate loyalty and support to long-standing business partnerships, often involving formal ceremonies and exchange of gifts. 1
4 sponsorship South Asia Widely practiced as a means for companies to gain visibility and recognition in a competitive market, especially in the media and entertainment industry. 1