In today's issue:

  • How IRONMAN turns athlete surveys into multi-million partnerships

  • The outreach template that gets CMOs to respond (not "let's jump on a call")

  • Manuel Bassiere's LinkedIn playbook that attracts inbound from brand CMOs

  • Partnership structure breakdown from local to global deals

P.S. Reply with "NARRATIVE" if you want my actual playbook for building personal brands through writing. It's what helped me go from photographer to having PepsiCo's CEO follow my content.

Inside IRONMAN's Partnership Playbook: How a 50-Year-Old Brand Actually Operates

IRONMAN's partnerships team surveys its own athletes before it ever looks at a brand list.

That reversal is the whole story. Most sports properties build a target list of brands first and hope a pitch lands. IRONMAN builds the problem first, then goes looking for the brand that can solve it — the same reversal sponsorship measurement vendors and rights-holders across the sport are scrambling to prove right now: away from logo placement, toward audience-led value.

I spent an hour with Manuel Bassiere, IRONMAN's Global Partnerships Manager, to find out exactly how that reversal works in practice. He researches 80-90 brands per category before sending a single email, runs partnership conversations for six to 12 months, and measures his own performance by conversation quality rather than closed deals. Manuel calls it the only version that works.

Here's the process underneath it.

The Data That Drives Everything

I asked Manuel where a partnership actually starts. He runs an annual survey of IRONMAN's own athletes first, with a response rate of 25-35% against an industry norm closer to 5-8%.

"At the start of 2025, our survey showed a clear message," he told me. "Athletes wanted more products to support their routines, not just during events, but also in preparation, recovery, and especially in skincare. We knew where we had to focus."

That single data point became the Bulldog partnership. Manuel found the category by listening to an answer his own audience had already given him.

What Premium Actually Means

I asked Manuel to define "premium," a word every sports property uses and few explain. He broke it into three components.

Component one: audience quality. IRONMAN's field is high-income entrepreneurs and business owners with the disposable income and the time management to train 20-25 hours a week. "It's very hard to precisely reach high-income earners through media," Manuel said. "With social campaigns, you can try to target them, but you're never really sure who you're reaching." His numbers: 70% of IRONMAN athletes are high-income earners, C-level executives, entrepreneurs, or business owners, spending an average of €10,000 a year on triathlon.

Component two: genuine exclusivity. Finishing an IRONMAN is legitimately difficult. The exclusivity comes from the physical and mental demands of the sport itself.

Component three: brand equity. "People are so invested in the IRONMAN brand that they'll tattoo our logo on their bodies, train 25 hours a week, create content about our ecosystems without us asking, and live the brand every day," Manuel told me. "It's still crazy to me to see that level of commitment." He said it the way you'd mention something that happens weekly, because for him it does.

The Outreach Process

I asked Manuel what his first email to a brand actually says. It reads: "Our athletes are requesting these specific products and services. We've identified three integration opportunities. Here are concrete activation ideas. Is this relevant to you?"

"It should never be a cold email that just tries to sell," he said. "The classic 'Hey, I saw you were doing this, can we jump on a call?' is not how we work. Prospects get 10, 15, even 20 of those every day."

He still pitches brands, always with a problem already defined. "It's best to come with something key in hand," he told me. "People in our industry value co-construction, and I respect that, but it can be quite complex. Simply saying 'let's co-construct' without a clear starting point often leads to complications. So we try to be proactive in the ideas we share."

Activation Strategy

The Bulldog partnership shows up as refreshing showers during marathon sections, recovery zones at finish lines, and product sampling in expo villages. Every touchpoint serves the athlete first and the brand second.

"What works is that they're focusing on enhancing the athlete's experience," Manuel said. "At last week's World Championship in Nice, runners could cool off under Bulldog showers during the marathon. After crossing the finish line, a recovery area offered products, samples, and towels to help them recover."

"If your goal is only awareness and logo placement, that's easy — we can do it anywhere," he said. "Mindsets are changing. People aren't just looking for impressions or branding visibility anymore. Our strategy now focuses on meaningful engagement, creating experiences that connect with people and deliver real value."

That's the line that sets both the pricing and the complexity of every deal that follows.

Partnership Structure

I asked Manuel how a deal actually gets built once a brand says yes. The structure moves on four variables: geographic scope (local, regional, or global), partner category (supplier, technical, or premier), activation complexity, and the rights granted (digital, on-site, IP usage).

Three partner tiers sit underneath that: Premier, Technical, Supplier. Each carries a different mix of branding, content, on-site activation, and digital rights.

There's no rate card. Every package is built around what the brand is actually trying to achieve. Manuel told me that it costs him time he could spend closing faster deals — and gets him partnerships that last.

The Long Game

A regional or global deal takes Manuel six to 12 months from first idea to signed partner. His process, in order:

  1. Identify what needs enhancing in the athlete journey, and which categories matter most to the community

  2. Map every relevant brand in that category

  3. Identify decision-makers across 80-90 companies

  4. Write value-first outreach, not opportunity pitches

  5. Run the conversation like consulting, not sales

  6. Build a custom partnership package

"You can't control the outcome, but you can control the process," he told me. "I'm measured on sales, but that's not where I focus or seek recognition. What matters is how many meaningful conversations I've had. The number of people I engage with, the conversations I start — this is where I can truly make an impact."

Bulldog, IRONMAN's first regional skincare partner, came out of exactly that process.

What This Means Practically

IRONMAN's methodology offers specific lessons for different types of organisations:

For Established Properties: Survey your audience systematically. Use actual data to identify partnership categories. Develop activation concepts before approaching brands. Position partnership conversations as consulting engagements.

For Emerging Properties: Build audience insights first. Create content demonstrating understanding of brand challenges. Accept that meaningful partnerships take 6+ months to develop. Focus on brand fit over immediate revenue.

For Brands: Evaluate whether properties come with concrete ideas or vague concepts. Ask for audience data, not just demographics. Consider whether activations enhance customer experience or just generate impressions.

The Reality Check

I asked Manuel directly how much of this is IRONMAN's 47 years of brand equity doing the work for him. He didn't dodge it. "I should have started by saying this: my life is easier than most because I work for IRONMAN, which is a globally recognised brand, and I'm very aware of it. Every day, I talk with other salespeople to understand how they work and gain insights from those selling much smaller properties. It's clearly a different job."

"At the same time, we're not F1 yet," he added. "It's much smoother when people already know your property. Awareness is a key help factor."

A smaller property can't borrow IRONMAN's 47 years. What it can borrow is the method: survey your own audience before you approach a single brand, build the activation idea before the first email, and price the deal around what the brand needs rather than a rate card. Only the execution timeline shifts with where you're starting; the method holds.

The Broader Shift

Every sports property says it wants premium partnerships. Almost none of them can point to a process, only a slogan. IRONMAN can — and the reversal underneath it is the same one the rest of the sponsorship industry is now racing to catch up on: brands want integrated experience over logo placement, and properties that can prove they understand their own audience get to charge for it.

Manuel's own framing of what most properties get wrong stays with me: they skip the survey and go straight to the brand list, then wonder why the brand list doesn't convert. IRONMAN spent five decades building the credibility to run this process patiently. The reversal itself — ask your athletes first, build the idea before the pitch — takes a fraction of that time to copy.

How did you like today's newsletter?

or reply to this email, I read every response.

Login or Subscribe to participate

Before you go: Here are 3 ways I can help you:

1) Executive Ghostwriting & Thought Leadership I help CCOs, CMOs, and founders craft powerful communications, whether it's speeches, op-eds, LinkedIn posts, or that next big keynote. Let's turn your expertise into influence.

2) Strategic Communications Consulting: From crisis communications to brand storytelling, I partner with commercial leaders to build trust, drive growth, and ensure your message resonates with the audiences that matter most.

3) Speaking & Content: Book me for keynotes, panels, or custom content on the business of sport, media, and commercial innovation. Let's bring fresh, actionable insights to your next event.

P.S. I'm always up for a conversation about the future of sports, entertainment, and commercial leadership. Just hit reply or connect with me on LinkedIn.

Reply

Avatar

or to participate