world of sports marketing
TRANSCRIPT
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
Sports Marketing
Standard 1.1Discover the World of Sports
Marketing
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
Standard One
Students will discover the world of sports marketing and the use of marketing to promote sports and non-sports businesses in sports.
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
Marketing is a process of bringing together sellers and buyers.
What is Marketing?
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
Exchanges
Everyday transactions between producers and consumers
Typically trading money for a product or service
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
Producers
Individuals or Companies which have products to be sold.
They provide the “supply.”They are willing to exchange the
product or service for something of value.
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
Consumers
Individuals or Companies which have needs to be met and which have something to exchange.
They create a “Demand.”They have something to exchange
for a product or service and are willing to do so.
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
Marketing -- The Definition
“Marketing is the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods or services to create exchanges which satisfy individual and organizational objectives.”
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
What is Marketed?
DURABLE GOODS
NONDURABLE GOODS
SERVICES
IDEAS
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
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What is Marketed?
PEOPLE
PLACES
ORGANIZATIONS
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
The Elements of Marketing
Product or Service PlanningPricingPromotionDistribution (Place)
The FOUR P’s OF MARKETING
---- People ---- Often Considered the Fifth P
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
Benefits of Marketing
Add UTILITY to goods and services
Makes buying convenient
Maintains reasonable prices
Provides a variety of goods and services
Increases production
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
Sports Marketing
Sports Marketing uses marketing elements to meet the goals of a sports property.o Product Strategieso Service Strategieso Pricing Strategieso Promotion Strategieso Distribution Strategies
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
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Sports
Sports are a source of diversion or physical activity engaged in for pleasure
oCan be spectatorshipoCan be participation and play
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Standard One
Sports ConsumersConsumers exchange money for a
“wanted” good or service.Sports Consumers exchange in
different ways:o Spectators as Consumers
Benefit by watching gameExchange for tickets and entertainment
o Participants as ConsumersBenefit by playing or participating Exchange for equip. & participation
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
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Sports Producers
Sports Producers May Provide:oEvents for ParticipationoEvents for Entertainment ViewingoSporting Goods and EquipmentoLicensed MerchandiseoCollectables and MemorabiliaoAthlete TrainingoSports InformationoEvent Coverage and Distribution
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
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Sports Industry Growth
Attendance Growtho $135-350 Billion per Yearo Nearly Every Sport and League +
Media Coverage and Growtho Main Stream and Alternative Sports Coverageo Coverage Growing with Demand
Employment Growtho 4.5 – 6 Million new Jobs from 1999-2001
Global Marketso Expansion of Leagues & Marketing outside of U.S.o Availability of News Media and Sports Reporting
Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
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Today….
Team OrganizationoTeam MembersoConferenceoTop 3 Preferred Cities
List Information on 1.1 LGBegin Research & Planning