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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
What is Marketing?
Marketing is a process of bringing
together sellers and buyers.
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Exchanges
Everyday transactions between
producers and consumers
Typically trading money for a
product or service
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
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.
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
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.
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
WHAT IS MARKETED?
DURABLE GOODS
NONDURABLE GOODS
SERVICES
IDEAS
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What is Marketed?
PEOPLE
PLACES
ORGANIZATIONS
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Benefits of Marketing
Add UTILITY to goods and services
Makes buying convenient
Maintains reasonable prices
Provides a variety of goods and services
Increases production
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Sports Marketing
Sports Marketing uses marketing
elements to meet the goals of a
sports property.
o
o
o
o
o
Product Strategies
Service Strategies
Pricing Strategies
Promotion Strategies
Distribution Strategies
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Sports
Sports are a source of diversion
or physical activity engaged in for
pleasure
o Can be spectatorship
o Can be participation and play
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Sports Consumers
Consumers exchange money for a
wanted good or service.
Sports Consumers exchange in
different ways:
o Spectators as Consumers
o Participants as Consumers
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Sports Producers
Sports Producers May Provide:
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Attendance Growth
Employment Growth
Global Markets
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Today.
Team Organization
o Team Members
o Conference
o Top 3 Preferred Cities
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Discover The World Of Sports Marketing; Use in Marketing OF Sports and THROUGH Sports
Sports Marketing
Marketing Of & Through Sports
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Simply:
1.
2.
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Marketing OF Sports
Applying marketing Principles to the marketing
of a Sports Property
Sports Properties:
oLeague
Team
oAthlete
Stadium
Arena
oProgram
Event
Meet
oCompetition
Contest
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4 Ps Marketing OF Sport
Planning
oProducts
oServices
Pricing
Promotions
Distribution
(Place)
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Marketing OF SPORTS
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Borrowed Equity
Corporate Marketing Through Sports
Utilize the draw of the event for
promotion
oWithin Audience & Through Broadcast
Increase Sales
Increase Awareness
Be More Competitive
Reach the Target Market
Build Relationships
Develop a Corporate Image
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oProducts
oServices
Pricing
Promotions
Distribution (Place)
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Event Triangle
The model for studying the
exchanges developed in Sports
Marketing is formatted as an
Event Triangle.
The Event Triangle emphasizes
the relationships between
producers and consumers in the
sports marketing model.
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Event Triangle
Components of the Triangle:
oEVENT
oSPONSOR
oFAN
C
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The Event
The Event is the sporting event which will
draw participants, spectators and
sponsors.
The Event can be amateur or professional.
The Event may provide entertainment.
The Event may provide an opportunity for
exposure for sponsors.
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Examples of Events
Superbowl
NCAA March Maddness
World Series
UHSAA State Playoffs
Junior Jazz Championship
Tournament
Your High Schools Homecoming
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The Sponsor
The Sponsor can use the Event to reach
important consumers for the company.
The Sponsors can utilize the draw of the
Event to market its products or services.
The Sponsor can leverage its relationship
to further business opportunities.
Borrowed Equity
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The Fan
The Fan typically attends the Event
as a source of entertainment.
The Fan usually pays to attend the
Event.
The Fan may be exposed to
promotions for the event and event
sponsors.
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oFan: money
oEvent: entertainment, merchandise,
FAN
EVENT
SPONSOR
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EVENT
SPONSOR
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FAN
EVENT
SPONSOR
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C O LO RA D O
G RIZ Z LIES
P o ll a r d
P r es id en t
O v e r s ee a ll t ea m
b u s ine s s
A p p r o v e a l l P la y e r D e c i s i o n s
M ic h a e l J o r d a n
L arr y
B ir d
D a l e C a r r in g e r
D ir e c t o r P e r s o n n e l
F in a n c i a l O f f i c e r
C o a ch
P l a y e r N e g o tia t io n s
T r a d e s , S a la r y
O v e r s e e F ina n c e s o f T e am
S a l a r y C a p S p e c ia li s t
T ea m D ev elop m e nt
P l a y e r p e r s o n n e l, G a m e M g m n t .