Marketing The Event 4.1 The Event. Standard Four Students will assess the importance of event marketing and entertainment in sports. Students will assess.

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Presentation transcript:

Marketing The Event 4.1 The Event

Standard Four Students will assess the importance of event marketing and entertainment in sports. Students will assess the importance of event marketing and entertainment in sports.

Event Marketing Defined Applying marketing principles to the marketing and promotion of an event. Applying marketing principles to the marketing and promotion of an event. – May or may not be team oriented Superbowl, NBA Finals, Stanley Cup Playoffs Superbowl, NBA Finals, Stanley Cup Playoffs – May or may not be “mainstream” sports – X-Games, World Chess Championships Movie Premier, Back to School Night Movie Premier, Back to School Night

Event Marketing & Entertainment Sports Properties Sports Properties – Types of Properties VENUE – Stadium, Arena, Track, VENUE – Stadium, Arena, Track, LEAGUE LEAGUE TEAM or CONFERENCE TEAM or CONFERENCE ATHLETE, SPECIAL EVENT ATHLETE, SPECIAL EVENT – Uses of Marketing range from ticket sales to seat design – Concert, Meeting, Conference…

EVENT MARKETING Marketing of the Event Marketing of the Event – Entertainment Offerings – Dates, Times, Location – Special Offering: Back Stage Passes… – Advertising & Promotions – Social Media – Event Evaluations – Other

Event Components Concessions Concessions Merchandising Opportunities Merchandising Opportunities – For Event – For Sponsors Seating Seating – Personal Seat Licenses* – Luxury Boxes** – Season Ticketing*** Staffing & Training Staffing & Training Social Media Social Media – Statistics – Follow Team/Player Other Other

Brand Brand: Brand: – A company’s identifying mark or logo

Branding Leagues, Teams, Merchandise, and Events are often branded to aide in marketing efforts. Leagues, Teams, Merchandise, and Events are often branded to aide in marketing efforts. Branding: Branding: – a company’s or event’s efforts to develop a personality and make its products or services different from the competition. Companies use different types of media including Social Media Companies use different types of media including Social Media

Branding Event Branding Opportunities Event Branding Opportunities – Naming, Event Offerings – Promotions and Co-Promotions – Sponsorship Opportunities – Merchandising Opportunities

SPORTSCAPE Why is attending a game better than watching on TV? THE EXPERIENCE! The use of the venue to make attendance to a game “more than just a game” The use of the venue to make attendance to a game “more than just a game” – Atmosphere, Color, Music, Motion – Sights & Smells, Tradition, Architecture All of these factors and many more shape the Fan’s perception of the event and his or her role in that event All of these factors and many more shape the Fan’s perception of the event and his or her role in that event

Elements of Sportscape Aesthetics Aesthetics Music Music Colors Colors Smells Smells Lighting Lighting Motion Motion Parking Parking Seat Comfort Seat Comfort Seat Access Seat Access Sponsor Marketing Sponsor Marketing In-Game Entertainment In-Game Entertainment Signage Signage Replay Screens Replay Screens Identify WHAT these are and WHAT THEY MEAN at an event

Event Evaluations Evaluations are on-going during an event Evaluations are on-going during an event Used to improve and manage offerings Used to improve and manage offerings Typically conducted by management & staff Typically conducted by management & staff

SWOT Evaluations S = Strength S = Strength – Things that went well, positive results W = Weakness W = Weakness – Things that went poorly, room for improvement O = Opportunities O = Opportunities – Things/areas that can be improved, capitalized T = Threat T = Threat – Things which could become a problem, area of concern

Component Evaluations Sales Evaluations Sales Evaluations – Ticketing, Season Ticketing, Packages Fan Enjoyment Evaluations Fan Enjoyment Evaluations – Fan Reactions, Consumer Evaluations Return On Investment Return On Investment – Repeat Purchases – Individuals & Corporate – Sponsorship Evaluations Venue Evaluations Venue Evaluations – Capacity, Perceived Crowding, Entry, Exit

Return on Investment Represents benefits of sponsors & advertisers for being involved in an event. Represents benefits of sponsors & advertisers for being involved in an event.

Standard 4.1 Projects ID Sports scape elements for venue/event ID Sports scape elements for venue/event Complete a SWOT Evaluation Complete a SWOT Evaluation