The Sports Consumer A purchase by the sports consumer, as a customer, is like a vote because the purchase equals a decision of approval. sports consumer.

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Presentation transcript:

The Sports Consumer A purchase by the sports consumer, as a customer, is like a vote because the purchase equals a decision of approval. sports consumer a person who may play, officiate, watch, or listen to sports, or read, use, purchase, predict, and/or collect items related to sports 2

The Sports Consumer The two categories that affect the sports consumer’s decision to spend money on or participate in sports are: Environmental factors Family, friends Society’s attitudes and values Cultural differences Climate and region Marketing influences Individual factors Self-concept or self-image Physical characteristics Learned characteristics Motivation and attitude 3

Sports Consumers and Market Segmentation Understanding market segmentation of the sports consumer market is important in order to sell products and services. market segmentation a way of analyzing a market by specific characteristics to create a target market Geographics Demographics Psychographics Product benefits Constantly shifting 4

Sports Products Sports products provide the consumer with satisfaction, entertainment, sociability, and achievement. sports products the goods, services, ideas, or a combination of those things related to sports that provide satisfaction to a consumer People who share in the process of marketing sports products include owners, sponsors, communication firms, city governments, taxpayers, and consumers. 5

Types of Sports Products The following sports products can be classified as goods or services, or both: tangible products physical goods that offer benefits to the consumer Sporting events Sports information Sports training Sporting goods Tangible products 6

Types of Sports Products In contrast with sports products, sports services are intangible products. intangible products non-physical services such as tennis lessons, personal training, and sports camp Ten areas of service quality are: Tangibles Reliability Responsiveness Competence Courtesy Credibility Security Access Communication Understanding 7

Types of Sports Products Sports businesses or organizations that offer a variety of products classify their products by product line and product mix. product mix the total assortment of products that a company makes and/or sells product line a group of closely related products manufactured and/or sold by a company 8

Sports Products and Product Extensions Sports products differ from typical consumer products because sports products have the ability to generate a greater variety of product extensions. 9

Economic Effects From the moment the consumer inquires about a ticket to a sporting event, there is an impact on the economy. The local economy improves as a result of money spent at sporting events. 10

Economic Effects Each decision the consumer makes involves an opportunity cost. opportunity cost the loss of the opportunity that is passed up in order to receive something in exchange infrastructure the physical development of an area, including the major public systems, services, and facilities of a country or region needed to make a location function As the economy grows, then more infrastructure is needed to support an athletic event. 11

$ Economic Impact of Sports Sporting Event Sporting Event Ticket Agent Parking Garage City Pride Sporting Event Food and Merchandise Infrastructure Sanitation Taxes The Internet 12

“The Sunshine State” sports franchise an agreement or contract for a sports organization to sell a parent company’s (i.e., a national sports league) good or service within a given area Orlando, Florida, is the home of an NBA sports franchise called the Orlando Magic. By selling Orlando Magic T-shirts, caps, and other items, investors were able to convince residents to make $100 deposits on season-ticket reservations. 13

Economic and Marketing Challenges The economic and marketing challenges of the Women’s National Basketball Association are different than those of the National Basketball Association. Media perception of the WNBA is a major challenge, despite the fact that the WNBA attracts millions of spectators and viewers around the world. 14

Grassroots Marketing Efforts grassroots marketing marketing activity on a local community level To gain support, teams such as the Sparks are heavily involved in grassroots marketing. 15

Got Game—and More The Women’s National Basketball Association has come a long way in a few years since April 1996 when it was first formed. Operating an e-tail business on an electronic channel—the Web—can be costly, due to design, delivery, returns, and operating expenses. Though Many larger dot-com companies crashed in the 1990’s, small stores like Harris Cyclery of West Newton, Massachusetts, actually increase sales using a basic Web site. Today, a third of Harris’s bicycle business rides in on the Web to get hard-to-find parts and personal service. Describe an e-business’s home page to your class after viewing one through marketingseries.glencoe.com. By 2001, WNBA games had been seen by 60 million fans in 167 countries. Fostering this global audience, the WNBA.com Web site provides many services for its followers: draft notices, player information, news, statistics, standings, game schedules, highlights, a virtual box office, fantasy games, and even an e-tail store. For more information on sports and entertainment marketing, go to marketingseries.glencoe.com. 16