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Marketing School - Digital Marketing and Online Marketing Tips

Student Athletes Can Now Make Money Through Endorsements (Here's What That Means) #1802

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.61.4K Ratings

🗓️ 21 July 2021

⏱️ 6 minutes

🧾️ Download transcript

Summary

In episode #1802, we talk about how student athletes can now make money through endorsements, and what that actually means. Tuning in, you’ll learn how endorsements used to work in the past and how this didn’t reflect fairly for the student athletes who were putting their bodies on the line. We also discuss some of the implications of the new regulations and how you can get involved. Tune in today! TIME-STAMPED SHOW NOTES: [00:19] Today’s topic: Student Athletes Can Now Make Money Through Endorsements (Here's What That Means). [00:30] An example of how endorsements used to work in the past. [01:16] The implications of the new regulations for student athletes. [02:50] How to sponsor your favorite player through endorsements and the ripple effects of that. [03:52] Viewing student athletes as a type of influencer marketers. [03:20] That’s it for today! [04:26] Go to marketingschool.io/live to join our virtual and live events.   Leave Some Feedback:     What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.     Connect with Us:    Neilpatel.com Quick Sprout  Growth Everywhere Single Grain Twitter @neilpatel  Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Welcome to Marketing School, the only podcast that provides daily top level marketing tips

0:06.4

and strategies from entrepreneurs that practice what they preach and live what they teach.

0:11.8

Let's start leveling up your marketing knowledge with your instructors, Neil Patel, and Eric

0:16.8

Sue.

0:17.8

All right guys, before we start, we got a special message from our sponsor.

0:24.1

If you want to rank higher on Google, you got to look at your paid speed time.

0:28.6

And fast your website loads the better off you are with Google's Corvital update that

0:33.2

makes it super, super important to optimize your site for low time.

0:37.7

And one easy way to do it is use the host that Eric and I use dream host.

0:42.2

So just go to dream host or Google it, find it, check it out.

0:46.2

And it's a great way to improve your low time.

0:49.2

Today, we are going to talk about how student athletes can now make money through endorsements

0:55.2

and here's what it actually means.

0:56.6

So I want to give an example here because I'm a big USC football fan and back when Reggie

1:01.6

Bush was playing, I mean, this guy won the Heisman trophy, which is like the best player

1:05.6

in college.

1:06.6

He won two national championships and he had to have his Heisman taken away and USC had

1:12.4

14 victories vacated because he took money after density, double A, which is kind of

1:17.6

the governing body for college football.

1:20.4

They were like, okay, you go, Bush, you know, you had free rent and you took $10,000 in

1:24.2

money.

1:25.2

We're going to take all this stuff away.

...

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