How to tap the buzz of mega-events to grow your business

Whether a sports tournament, arts festival or a concert by a popular performer, major happenings spur billions in additional economic activity that benefit communities and businesses of all sizes. Here are ways you can use the excitement around a large event to help your company grow.

 

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On the table: A big bump in local spending

The visibility, buzz and influx of visitors that come with a major event can be harnessed to aid companies big and small. Here are ideas for getting started.

Key takeaways:

  • Large events are not only fun and exciting — they are also major drivers of economic activity for businesses in their host cities.
  • A high-profile event in your area can bring new clients to your market and boost your business’s sales and growth.
  • The benefits can be financial, of course, but can also include reputational enhancements with clients, employees and community partners.

WHETHER YOUR CITY IS ONE OF THE MANY that will host the FIFA World Cup 2026™ or FIFA Club World Cup 2025™ tournament, is home to a giant annual festival like South by Southwest or is looking forward to a visit by a popular entertainer, local excitement paired with the potential for a large influx of visitors can be leveraged to grow your business. 

Big events have a measurable economic impact. Bank of America proprietary data show that happenings like the Super Bowl, Taylor Swift’s Eras Tour, or the Chicago or Boston Marathons spur very real lifts to spending and economic activity in the cities that host them.6

 

Some businesses, such as a bar or restaurant in the same neighborhood as a stadium or other venue, have obvious opportunities to benefit directly. But certain kinds of events with broad appeal or awareness can be leveraged by a wide range of businesses. For example, FIFA Club World Cup 2025™ and FIFA World Cup 2026™ coming to U.S. cities in 2025 and 2026 will be of interest not only to global football fans but also to parents of student soccer players, general sports enthusiasts and those who are simply intrigued to be part of the most popular sporting event in the world. And since each host city will be home to three to nine games over a few weeks, even, say, a local auto dealership could market effectively around the event.

 

“With no shortage of demand, we think it is likely that consumer spending on live events will continue to positively impact local economies moving forward,” the Bank of America Institute noted.

 

A major event can benefit your business in several ways, says Sharon Miller, President and Co-head of Business Banking at Bank of America. It might:

 

  • Generate incremental revenue. Those in town for the event might need the product or service your business offers. “Aligning your marketing with whatever is drawing them to your city could help them choose you over a competitor,” Miller says.
 
  • Help you attract new local customers. Locals who have never sampled your business can be pulled in — perhaps they have friends visiting, hear about a special offer or are nearby to attend the event — and potentially converted to regular customers afterward.
 
  • Foster one-on-one or small-group interactions. Your ability to bring together key personnel — or meet with one critical contact — through a popular sporting event could help you close a deal. At the very least, it can build camaraderie with sales prospects.
 
  • Make your marketing dollars go further. “Attaching your business to the excitement and enthusiasm that these events can generate can immediately energize and magnify your marketing messages, enabling them to work harder for the same spend,” Miller says.
 
  • Enhance your reputation in the community. By demonstrating support for an event important to your area, Miller says, you can show community spirit and participate with customers and prospects who share your support.

 

7 ideas for taking advantage of a mega event

Bars and restaurants aren’t the only businesses that can attract attention and raise revenue from a major local event. Here are some ways you might make your business part of the excitement.

Smart ways to use social media to raise your business’s profile at a big event

Another way to leverage sports for your business

Large events generate focused, short-term interest and excitement, but you can position your business to benefit from that for an entire season with a local sponsorship. Not only will doing so give your business visibility for months, but it will also demonstrate a commitment to your community and to the values represented by the organization you sponsor. For a sports team, for instance, those might include the pursuit of excellence, determination, team spirit and fair play.

 

If your business wants to get involved in your community, there are many ways to do so at many different budget entry points: 

 

  • Sponsor signage or uniforms for youth sports that include your brand name and logo.
  • Donate equipment to either one team or a league.
  • Contact a sport’s governing body to find out about existing programs to help, say, underserved communities.
  • Offer free promotional services or email marketing.
  • Sponsor year-end trophies or even an awards banquet.
  • Donate event space.
  • Offer discounts on purchases from your business.
  • Provide needed services, such as helping maintain fields or fences.
  • Offer to buy a team pizza every time they win.

 

Often, a great way to learn about these opportunities is from community members who participate. Many teams have sponsorship drives when the season starts. Reaching out to local leagues can help you tap into these opportunities.

 

Bank of America recently announced that as part of becoming the first Official Banking Partner of the U.S. Soccer Federation, it will partner with the federation’s community clinics, which use global football to drive social change by supporting youth in underserved communities.​

The FIFA Club World Cup 2025™ will be contested between June 14 and July 13, 2025. Kicking off in Miami and culminating in New York/New Jersey, clubs from each of the six conferences — CAF (Africa), Concacaf (North and Central America and the Caribbean), CONMEBOL (South America), OFC (Oceania) and UEFA (Europe) — will compete to lift the new, iconic FIFA Club World Cup™ Trophy.

 

Additional information regarding the FIFA Club World Cup 2025™ can be accessed on FIFA.com. Fans can register for tournament tickets and hospitality information at FIFA.com/tickets

 

Bank of America Sports Partnerships Inspire Communities

1 Inside FIFA, “FIFA-WTO study estimates USD 47 billion economic output from FIFA Club World Cup™ and FIFA World Cup™ in the US,” April 4, 2025

2 Data collected by MeetBoston, The Boston Athletic Association, and UMass Donahue Institute via participant and spectator surveys.

3 Bank of America Institute, Consumer Morsel, “Sparks fly on local spending during live events,” January 30, 2024

4 QuestionPro, Taylor Swift The Eras Tour, 2023

5 US Travel Organization, “The Taylor Swift Impact – 5 Months and $5+ Billion,” September 19, 2023

6 Bank of America Institute, Consumer Morsel, “Sparks fly on local spending during live events,” January 30, 2024

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