Sports Management Chapter 3

Chapter 3

18 cards   |   Total Attempts: 182
  

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Ambush marketing
A straegy that involves placement of marketing material and promotions at an event that attracts consumer and media attention, without becoming an official sponsor event
Customer relationship management
•Begins with customer and encourages integration of the customer into the company •Builds relationships through communication, satisfaction, and service
Demographic
Related to the statistical characteristics of a group of people
Fan identification
•The personal commitment and emotional involvement customers have with sport organization •Enhanced long-term loyalty in sport fans •Sponsorship opportunities resulting from ability to tap into strong emotional connection between a fan and his or her sport team
Intercept interviews
On-site interviews in heavy traffic areas such as malls
Marketing mix
The controllable variables a company puts together to satifsy a target market group, including product, price, place, and promotion
Passby interview
On-site interviews in heavy traffic areas such as malls San Jose Sharks logo and colors changed as a result of pass-by interviews
Psychographic
Related to the preferences, beliefs,values, attitudes, personalities, and behavior of an individual or group
Relationship marketing
•Builds mutually satisfying long term relations with key parties (consumers, suppliers, distributors) •Begins with customer and encourages integration of the customer into the company •Builds relationships through communication, satisfaction, and service
Segmentation
•Identifying subgroups of overall marketplace based on demographic, geographic, psychographic & product usage •Ethnic marketing –Growth of Hispanic population, ESPN Deportes •Generational marketing
Sponsorship
–The acquisition of rights to affiliate or directly associate with a product or event for purpose of deriving benefits related to that affiliation •Albert G. Spalding –Use of the word official •Mark McCormack –Built IMG through golfer Arnold Palmer
Target markets
A group of consumers to whom a product is marketed
Bill veek
•Bill Veeck –Team must provide reasons other than the game itself for people to attend and support franchise. 1.Create the greatest joy for the greatest number of people 2.Ensure a pleasurable attending experience 3.Create conversation
Matt Levine

–Credited with formalizing customer research in sport industry; audience audit, intercepts, focus groups
4 P's
–Product (actual event vs. experience) –Price (depends on value or perceived value) –Place (preselling and exceptional locations) –Promotion (advertising, personal selling, publicity, and sales promotion, public relations)