Naturally Barclays cycle hire scheme is one obvious - and high budget - example. It demonstrates the bank's generosity and adds value to the activity itself: it frees cyclists from the worry of theft or the hassle of where to leave their bike.
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It's not difficult to imagine a branded 'Cycle base' in Britain. Not all offices have showers so this could be a generous way of a brand enabling more people to cycle to work.
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Brands can sponsor or create events around the shared passion of cycling, like Sky's Sky Ride with British Cycling. Better still are events that also tie in with another consumer passion or trend, like the annual Tweed Run which benefits Bikes4Africa. This "metropolitan cycle ride with a bit of style" also engaes with the post-recession 'gentlemanly' trend; a fun twist which makes its identity stronger.
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A brand doesn't have to be directly linked to cycling in order for it to be a good fit. One of the sponsors of the 2010 Tweed Rum was Hendricks Gin; perhaps not an obvious pairing, but given the brand's eccentric Victoriana personality the Tweed Run cyclist could practically be a brand ambassador.
Cycling's popularity only looks set to continue as we all become ever more concerned with sustainability and reducing carbon emissions (Vauban in Germany has banned cars altogether). Brands that get involved in this area early on are likely to have greater credibility.
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