Strategic Partnerships New Jersey Devils have established multiple strategic partnerships with educational institutions like Kean University, connectivity providers like Lightpath, and organizations like Hockey in New Jersey. Leveraging these partnerships could open doors for collaborative sales opportunities.
Digital Streaming Through partnerships like the one with MSG Networks Inc., New Jersey Devils are enhancing their digital presence by live streaming games on their website. Exploring digital streaming partnerships for exclusive content or advertising collaborations can be a lucrative sales avenue.
Health and Wellness Collaborating with health organizations such as RWJ Barnabas Health for events like the ‘Running with the Devils 5K Run and Wellness Walk’ showcases the team’s commitment to health initiatives. Pitching health-related brands on sponsorship opportunities tied to wellness events or promotions could drive sales revenue.
Advanced Sports Facilities Operating from the state-of-the-art Prudential Center, New Jersey Devils offer a premium sports and entertainment experience. Targeting premium brands in industries like hospitality, luxury goods, or technology for partnership opportunities related to exclusive events or VIP services at the arena could yield high-value sales.
Market Expansion Potential With solid revenue in the range of $50M - $100M, New Jersey Devils are positioned for expansion. Identifying market expansion opportunities in regions with high hockey fan engagement or exploring merchandise partnerships with global brands can drive sales growth and brand visibility.