Sports Marketing The Event Triangle Sponsorship Competencies 100-107.

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Presentation transcript:

Sports Marketing The Event Triangle Sponsorship Competencies 100-107

Event Triangle The model for studying the exchanges developed in Sports Marketing is formatted as an Event Triangle. The Event Triangle emphasizes the relationships between producers and consumers in the sports marketing model.

Components of the Event Triangle Participants The Event Triangle 14 Fan “Spectator” Sponsor

The “Event” The Event is the sporting or entertainment event which will draw participants, spectators and sponsors The Event can be amateur or professional The Event may provide entertainment The Event may provide an opportunity for exposure for sponsors

Examples of Events Superbowl Olympics NCAA “March Madness” World Series The Stanley Cup Championship VHSL Lacrosse Championships Homecoming Game & Dance

The “Sponsor” The Sponsor can use the Event to reach important consumers for the company The Sponsors can utilize the draw of the Event to market its products or services The Sponsor can leverage its relationship to further business opportunities

The “Fan” (Spectator) The Fan typically attends the Event as a source of entertainment The Fan usually pays to attend the Event The Fan may be exposed to promotions for the event and event sponsors

The Fan’s Role in Sports Fan = “Fanatic” Someone who is interested, involved and engaged in the event. Football, Basketball, Baseball, Golf Fan is the reason for Sports Marketing The power behind success of sports The economic force SHAPES the game with attention

Sports Broadcaster Career Exploration Event Management Event Management beyond Sports – Hospitality Management Sports Broadcaster Career Exploration

Exchanges in the Triangle 1 Event   Spectator Exchanges Fan: money Event: entertainment, merchandise, … FAN EVENT SPONSOR exchange 15 17

Exchanges in the Triangle 2 Event   Sponsor Exchanges Sponsor: money, products, services,… Event: exposure, promotion, sales opportunities FAN EVENT SPONSOR exchange 16 18 19

Exchanges in the Triangle 3 Sponsor   Fan Exchanges Fan: money Sponsor: products or services FAN EVENT SPONSOR 17 exchange

Event Marketing Concerns Draw Promotion Sales Opportunities Ambush Tactics 20

Effects of Media Broadcasting on the Event Triangle Expansion of the target market Expansion of marketing opportunities Expansion of distribution & consumption of the event Examples: Cable, Satellite, Pay-Per-View 38

Effects of Social Media on the Event Triangle Social media isn’t about technology, it’s about fans Build online fan communities to allow them to connect with one another, and in turn – to the team Leverage community numbers to make money through e-commerce Sponsorship opportunities present themselves by increasing visits to team sites

Event: 38

Game Day Event Triangle Videos: History of College GameDay Signs https://twitter.com/CollegeGameDay/status/1062352134170124288 College GameDay Song Lee Corso Kirk Herbstreit Desmond Howard Chris Fowler Rece Davis Maria Taylor David Pollock 38

Event Triangle: Game Day 38

Event Triangle: Game Day Participants Sponsor Fan “Spectator” 38

Game Day Event Triangle Videos: College GameDay Song Lee Corso Kirk Herbstreit Desmond Howard Chris Fowler Rece Davis Maria Taylor David Pollock 38

Make Your Own GameDay Sign Your Sign should reflect your style. Be creative Create a school appropriate message The Goal of your Sign would be to have it displayed on TV during the ESPN Game Day broadcast. We will create our own Game Day broadcast in class. Participants: Choose a Game Day Game- 10 points – Research the teams. Use the poster paper supplied in class. Bring any embellishments from home to design your creative message. Fans: 10 points - Use pictures and colors that reflect the Game Day Game. Brainstorm/research school chants or cheers that can be used in your message. Things to consider: Location, Mascots, School Colors, Coaches Sponsors: 10 points -Include one of the Game Day sponsors in the corner of your Sign. Make your own pattern. Create a style that is visually appealing and functional for readability and display purposes.