world of sports marketing

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Discover The World Of Sports Marketing; Use in Marketing OF Sports and Standard One Sports Marketing Standard 1.1 Discover the World of Sports Marketing

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Page 1: World of Sports Marketing

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

Page 3: World of Sports Marketing

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?

Page 4: World of Sports 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

Page 5: World of Sports Marketing

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.

Page 6: World of Sports Marketing

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.

Page 7: World of Sports Marketing

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.”

Page 8: World of Sports Marketing

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

Page 9: World of Sports Marketing

Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports

Standard One

What is Marketed?

PEOPLE

PLACES

ORGANIZATIONS

Page 11: World of Sports Marketing

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

Page 12: World of Sports Marketing

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

Page 13: World of Sports Marketing

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

Page 14: World of Sports Marketing

Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports

Standard One

Sports

Sports are a source of diversion or physical activity engaged in for pleasure

oCan be spectatorshipoCan be participation and play

Page 15: World of Sports Marketing

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

Page 16: World of Sports Marketing

Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports

Standard One

Sports Producers

Sports Producers May Provide:oEvents for ParticipationoEvents for Entertainment ViewingoSporting Goods and EquipmentoLicensed MerchandiseoCollectables and MemorabiliaoAthlete TrainingoSports InformationoEvent Coverage and Distribution

Page 17: World of Sports Marketing

Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports

Standard One

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

Page 18: World of Sports Marketing

Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports

Standard One

Today….

Team OrganizationoTeam MembersoConferenceoTop 3 Preferred Cities

List Information on 1.1 LGBegin Research & Planning