The Importance of Sports and Entertainment Marketing.

38
The Importance of Sports and Entertainment Marketing

Transcript of The Importance of Sports and Entertainment Marketing.

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

Page 21: The Importance of Sports and Entertainment Marketing.

Economics of Marketing

Page 22: The Importance of Sports and Entertainment Marketing.

Gross Domestic Product (GDP)

Page 23: The Importance of Sports and Entertainment Marketing.

Profit !!!

Page 24: The Importance of Sports and Entertainment Marketing.

Risk

Page 25: The Importance of Sports and Entertainment Marketing.

How to help eliminate risk

Page 26: The Importance of Sports and Entertainment Marketing.

Competition

Page 27: The Importance of Sports and Entertainment Marketing.

Price Competition

Page 28: The Importance of Sports and Entertainment Marketing.

CopyrightsClick the picture

Page 29: The Importance of Sports and Entertainment Marketing.

PatentsClick the picture

Page 30: The Importance of Sports and Entertainment Marketing.

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

Page 35: The Importance of Sports and Entertainment Marketing.

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