Monday, January 8, 2018

The FASTEST Growing Sport On Social Media?


Formula One was the fastest growing sports brand across social media in 2017 while television and digital viewing figures also increased..



Last season was the first under the ownership of US-based Liberty Media, which is keen to develop the sport and attract new audiences.

Formula One said on Friday the sport ended the year with a total of 11.9 million followers on its Facebook, Twitter, Instagram and YouTube channels - a rise of 54.9 percent compared to 2016. The figures also reflect how much ground the sport has had to make up.

Previous commercial supremo Bernie Ecclestone, who was ousted at the start of 2017, had little time for social media while Liberty have put considerable effort into exploiting such platforms.

Video content performed best on Twitter, with more than 64 million views representing a 165 percent year-on-year increase. Followers of Formula One's Instagram feed almost doubled to 3.8 million.



Perspective

To put that into perspective, Mercedes' four times world champion Lewis Hamilton currently has 5.7 million followers on Instagram alone despite the Briton removing all posts at the end of 2017 and also wiping his Twitter account.

Formula One said the cumulative television audience for all F1 programmes broadcast through the year in the top 20 markets was 1.4 billion, a rise of 6.2 percent.

Italy showed the biggest rise, of 19.1 percent, out of the top four markets, followed by Brazil with 13.4 percent. Britain (3.9) and Germany (0.9) also showed positive growth. China, a key market that the sport has targeted for future growth, showed an increase of 42.2 percent.



352 Million Viewers

The statement did not provide data for 2016 or numbers for individual countries' previous audiences to illustrate the growth in the number of people watching. Cumulative viewing of the 20 races, broadcast live and non-live, remained steady at about 603 million, although the live audience grew one percent in a season with one less Grand Prix than 2016.

"During 2017, 352.3 million unique viewers have tuned their TV set into F1 programming at least once," Formula One siad. "It’s the first time since 2010 that there was not a decrease in this specific number."

Brazil remained the biggest television market in terms of unique viewers with more than 76 million, although that figure was down 1.8 percent on the previous year.

Commercial managing director Sean Bratches said: "Central to our efforts last season was to improve the fan experience across our platforms and it is encouraging to see the engagement that fans around the world have with Formula One media."

Guest Authored By Alan Baldwin. Alan is Reuters Formula One Correspondent, London UK. Follow Alan on Twitter.




Formula One said on Friday the sport ended the year with a total of 11.9 million followers on its Facebook, Twitter, Instagram and YouTube channels.

A rise of 54.9 percent compared to 2016.."


    • Authored by:
      Fred Hansen Pied Piper of Social Media Marketing at GetMoreHere.com & CEO of Millennium 7 Publishing Co. in Loveland, Colorado. I work deep in the trenches of social media strategy, community management and trends.  My interests include; online business educator, social media marketing, new marketing technology, skiing, hunting, fishing and The Rolling Stones..-Not necessarily in that order ;)
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