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The Importance of Sports and Entertainment Marketing

The Importance of Sports and Entertainment Marketing

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Page 1: The Importance of Sports and Entertainment Marketing

The Importance of Sports and Entertainment Marketing

Page 2: The Importance of Sports and Entertainment Marketing

Marketing Defined

Page 3: The Importance of Sports and Entertainment Marketing

The Marketing Process

Page 4: The Importance of Sports and Entertainment Marketing

Developing

Page 5: The Importance of Sports and Entertainment Marketing

Promotion

Page 6: The Importance of Sports and Entertainment Marketing

Distribution

Page 7: The Importance of Sports and Entertainment Marketing

The Marketing Concept

Page 8: The Importance of Sports and Entertainment Marketing

Who’s the Market?

Page 9: The Importance of Sports and Entertainment Marketing

Needs and Wants

Page 10: The Importance of Sports and Entertainment Marketing

Target Market

Page 11: The Importance of Sports and Entertainment Marketing

Confused yet?

Page 12: The Importance of Sports and Entertainment Marketing

Mass Marketing

Page 13: The Importance of Sports and Entertainment Marketing

Demographics

Page 14: The Importance of Sports and Entertainment Marketing

Demographics

Page 15: The Importance of Sports and Entertainment Marketing

Marketing Mix or the 4p’s

The Marketing Mix

Product Decision Place (Distribution)

DecisionPromotion DecisionPrice Decision

Page 16: The Importance of Sports and Entertainment Marketing

Product Decisions

Page 17: The Importance of Sports and Entertainment Marketing

Price Decisions

Page 18: The Importance of Sports and Entertainment Marketing

Place (Distribution) Decision

Page 19: The Importance of Sports and Entertainment Marketing

Promotion Decisions

Page 20: The Importance of Sports and Entertainment Marketing

Quick Review

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Economics of Marketing

Page 22: The Importance of Sports and Entertainment Marketing

Gross Domestic Product (GDP)

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Profit !!!

Page 24: The Importance of Sports and Entertainment Marketing

Risk

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How to help eliminate risk

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Competition

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Price Competition

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CopyrightsClick the picture

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PatentsClick the picture

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TrademarksClick the picture

Page 31: The Importance of Sports and Entertainment Marketing

Types of Ownerships

Sole Proprietorship Partnership Corporation S Corporation

Page 32: The Importance of Sports and Entertainment Marketing

Sole Proprietorship

Sole proprietorship advantages

Disadvantages of sole proprietorships

Page 33: The Importance of Sports and Entertainment Marketing

Partnership

Advantages of Partnerships

Disadvantages

Partnership agreement

Page 34: The Importance of Sports and Entertainment Marketing

Corporations

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S Corporations

Page 36: The Importance of Sports and Entertainment Marketing

Recap

Page 37: The Importance of Sports and Entertainment Marketing

Economic Impact

The Bottom Line

Page 38: The Importance of Sports and Entertainment Marketing

Homework

-30pts. for late assignments-30pts. for late assignments

• Key Terms – Pages 6 & 12

• Quick Check – Pages 11 & 20

• Seeing the Big Picture – Page 22