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Daktronics and DROPIT Join Forces to Create In-Stadium Return On Sponsorship




Mobile-driven solution helps teams and venues increase fan engagement and capture valuable data while driving brand loyalty and return on sponsorship for major consumer brands



BROOKINGS, S.D. and MIAMI, FL. – June 28, 2017 – Daktronics (NASDAQ-DAKT), the world's industry leader in designing and manufacturing electronic scoreboards, programmable display systems and large video displays, and DROPIT, a fan engagement technology company, debuted their partnership which brings fans, sponsors, teams and venues together in an engaging and meaningful way, during two Cactus League Spring Training games in March.

In collaboration with Peoria Sports Complex in Phoenix, DROPIT ran eight 60-second reverse auctions – where prices go down instead of up and the first bidder wins – on Daktronics displays for a variety of prizes, including a 2017 Mitsubishi Outlander Sport and a 2017 Ducati Panigale 959.

"We worked with the DROPIT team, integrated with Daktronics displays, to enhance our fan experience with some in-game auctions and it's been a great activation for our sponsors," said Nick Long, Peoria Sports Complex sales and sponsorship coordinator. "The new technology we installed in 2017 provides us the chance to do some new things technology-wise and executing the in-game DROPIT auctions is a great start."

The integration of DROPIT's patented technology to engage fans with mobile devices for 60-second reverse auctions with Daktronics LED video technology is introducing a revolutionary new way to help teams and venues create in-stadium return on sponsorship while increasing fan engagement. Although it does, the auction is not intended to generate immediate revenue for the brand. The value comes in increased revenue generated post-game day as a result of valuable purchase intent data gathered throughout the process.

"Our venues and teams are hungry for interactive content, and DROPIT offers an ideal opportunity to better engage with fans, given the quick breaks in action during games," said Josh Howardson at Daktronics, "The DROPIT platform can be easily integrated across the hundreds of professional and collegiate global venues we operate within, and we're excited to partner with DROPIT to bring a game-changing experience to fans."