Translation services
and the 2012 Olympics
By James Wilson,
Account Director, PS Translation,
Translation Agency based in Cambridge, UK
james wilson at pstranslation co uk
http://www.pstranslation.co.uk/
Account Director, PS Translation,
Translation Agency based in Cambridge, UK
james wilson at pstranslation co uk
http://www.pstranslation.co.uk/
Whatever your feeling is towards the 2012 London Olympics,
it is probable that during the games we will see an influx of non-English
speaking visitors descend on the UK. Although the bulk of the activities will
be focused around London and the South East, the rest of the UK should also see
a growth in its tourist numbers – some maybe trying to avoid the busy tourist
spots of the London games. Common sense states we should see a correlation
between increased tourist numbers and revenue. If we take the numbers from last
Olympic games as an estimate, Beijing had around 600,000 foreign visitors
during the games (coupled with over 2.5 million Chinese domestic tourists), and
it contributed an additional £8.5 billion to Beijing’s GDP. Research by Llodys
bank for the 2012 games has indicated that the Olympics could increase the UK
economy by an additional £21 billion. Their report shows that the UK as a whole
stands to benefit from increased tourism brought about by the Olympics. It
estimates that the economy in the Midlands will benefit by an additional £3.2
billion and the North West by £3.2 billion.
So, 2012 should see an increase in domestic and foreign
tourism, as well as an increase in spending. However, from a marketer’s point
of view, legislation may restrict directly using the Olympics as a springboard
for their marketing efforts.
Legal stipulations brought about by the emergence of ambush
marketing over the past few years means that unless a company is an official
sponsor of the games they will be unable to make reference to the Olympics in
their marketing.
Designed to protect the interests of those who have invested
heavily in the 2012 games, even the slightest reference to the games may fall
foul of the legislation. This, however, doesn’t prevent companies from making
the most of the increased marketing opportunity presented by the games.
Entrepreneurial marketers should see the games as a real opportunity to
maximise on a captive market, brought together by a common interest (and
perhaps more importantly) common requirements.
So what are the steps companies can take to make the most of
the increased market brought about by the 2012 games? At PS we’ve put our heads
together to come up with a list of 4 key areas companies can focus on, which we
feel will help them make the most of the London 2012 games.
First off, as with all marketing, you need to undertake
research to understand it. With over 9 millions tickets expected to be sold,
this will be a very large market which, drawn by the common interest in the
games, will be in need of a variety of products and services. The key will be
in anticipating where this market will be (not just London but at other venues
across the UK) and where they will be coming from. Here is where market
research can play a crucial role. There are already a number of bodies offering
research related to the Olympics and at PS we feel your business will benefit
greatly from finding out more about this market.
Secondly, you will need to be able to communicate with this
potential market. It is likely that the games will draw visitors from across
the globe, all speaking and communicating in different languages. To capitalise
on this market you will need to be able to get your message across (be it a
marketing message or information message). Marketing literature, such as
brochures, leaflets and websites can all be used to communicate your message
and if these can be presented in multiple languages, then the more so the
better. Ultimately, a group of tourists is more likely to take up an offer from
a provider if they can understand what is being presented to them.
It will also pay to get your business out there. After you
have concluded your market research you should be able to anticipate where your
market will be. You will now need to make sure you are present in their minds
when they come to make a decision. This could mean paying to get listed on a
web directory for a specific category in a specific geographical region or
distributing targeting literature near an Olympic event. Whenever you feel
something is appropriate for your business, making sure your message is
understood by your market will be important.
Although legislation prevents marketers from making direct
reference in their marketing to the games, it does not prevent companies from
partaking in spectating at the games which, if used as an account management
activity, could help boost sales. Why not impress your overseas clients by
taking them to one of the events, showcasing the best that Britain has to offer
and providing them with excellent hospitality. The use of a business
interpreter can help aid the communication process here, where a common language
may not be spoken.
If, like most companies making up the UK economy, your
business would struggle with the extravagance of an all out targeted marketing
campaign on this scale, there are still a number of things you can do. Although
the bulk of the events will be taking place in the South East and London there
will still be plenty of opportunities outside the capital. Many sports and
recreational centres outside London will host events as well as training.
Companies in these regions would be well placed to focus some of their efforts
on this market. Cost effective marketing communication that incorporates
multilingual versions of their message can be undertaken by smaller companies.
Messages may need to be simplified but again, by having a message that
communicates in a language the target market can understand will go a long way
to help them reach decisions.
At PS we are excited by the prospect of the games – we feel
that the games do present a real opportunity for business and also Britain as a
whole.
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