Sports and Entertainment Marketing The Marketing Mix Copyright © Texas Education Agency, 2011. All...
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Transcript of Sports and Entertainment Marketing The Marketing Mix Copyright © Texas Education Agency, 2011. All...
Sports and Entertainment Marketing
The Marketing Mix
Copyright © Texas Education Agency, 2011. All rights reserved.
Copyright and Terms of Service
Copyright © Texas Education Agency. The materials found on this website are copyrighted © and trademarked ™ as the property of the Texas Education Agency and may not be reproduced without the express written permission of the Texas Education Agency, except under the following conditions: 1) Texas public school districts, charter schools, and Education Service Centers may reproduce and use copies of the
Materials and Related Materials for the districts’ and schools’ educational use without obtaining permission from the Texas Education Agency;
2) Residents of the state of Texas may reproduce and use copies of the Materials and Related Materials for individual personal use only without obtaining written permission of the Texas Education Agency;
3) Any portion reproduced must be reproduced in its entirety and remain unedited, unaltered and unchanged in any way;
4) No monetary charge can be made for the reproduced materials or any document containing them; however, a reasonable charge to cover only the cost of reproduction and distribution may be charged.Private entities or persons located in Texas that are not Texas public school districts or Texas charter schools or any entity, whether public or private, educational or non-educational, located outside the state of Texas MUST obtain written approval from the Texas Education Agency and will be required to enter into a license agreement that may involve the payment of a licensing fee or a royalty fee.
2 Copyright © Texas Education Agency, 2011. All rights reserved.
Product Complex blending of tangible and intangible
parts tangible parts-physical features that can be seen
and felt intangible parts-nonphysical service features
3 Copyright © Texas Education Agency, 2011. All rights reserved.
Product Mix Product’s final form and total assorted
features (brand, name, various products offered under the brand, and packaging)
4 Copyright © Texas Education Agency, 2011. All rights reserved.
Product Extension Items added to a product to make it more
attractive to the target market, including guarantees, warranties, and instructional information
5 Copyright © Texas Education Agency, 2011. All rights reserved.
Basic vs. Enhanced Product Athletic shoes are a basic product constructed
for support and safety to avoid injuries during sports.
Cross-trainer shoes are enhanced running shoes that are good for walking, hiking, running, biking, and other amateur sports.
6 Copyright © Texas Education Agency, 2011. All rights reserved.
Basic vs. Enhanced Product Basic seating may be the bleacher seats in the
end zone with no back supports. Product enhancements would include
individual seats with back supports located on the 50-yard line and seats located in an air-conditioned suite or sky box.
7 Copyright © Texas Education Agency, 2011. All rights reserved.
Product Line Group of similar products with slight variations to
satisfy different needs of consumers. Soft drinks (regular, caffeine free, diet) Television sets from 5-inch screens to 60-inch
screens Travel packages ranging from weekend getaways to
vacations that last a week or longer
8 Copyright © Texas Education Agency, 2011. All rights reserved.
Packaging Ease of use Safety Consumer attraction Accessibility Environmental friendliness
9 Copyright © Texas Education Agency, 2011. All rights reserved.
Brand Name, symbol, word, design, or combination
of these elements that identifies a product, service, or company
Trademark-the legal protection of words and symbols used by a company
Licensed brand-well-known name and/or symbol established by one company and sold for use by another company to promote its products
10 Copyright © Texas Education Agency, 2011. All rights reserved.
Levels of Brand Recognition Non-recognition Rejection Recognition Preference Insistence
11 Copyright © Texas Education Agency, 2011. All rights reserved.
The Product Life Cycle Introduction Stage Growth Stage Maturity Stage Decline Stage
12 Copyright © Texas Education Agency, 2011. All rights reserved.
Positioning a Product Differentiating the company’s products or services
from its competitors’ products or services Involves status, price, brand recognition, and other
factors Making comparisons to the competition to point out
differences in the products Celebrity endorsements (NIKE-Michael Jordan)
13 Copyright © Texas Education Agency, 2011. All rights reserved.