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Sports Marketing
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TARGET MARKETS
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Target Markets Specific group of people that advertising is aimed towards Demographics Gender, Age, Education Level, Race Income Level Disposable Income – income that can be freely spent
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Other ways to break down markets
Geographics– location in the world Know where to place mass media ads Psychographics Attitudes, Beliefs, Interest, Culture Lifestyles, activities Know what people watch/read
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What is Sports Marketing?
Using sports to market products Including, athletes, teams, venues, etc. Where do the Steelers play? NASCAR sells advertising on their cars for $200,000 for a 3-by-5-inch decal. $13,333 per square inch. Different prices for Hood—Doors—Bumpers
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Sports Logos Sports apparel is one of the fastest-growing segment of the sports market. Apparel accounts for 44% (or $113 billion) of the global sports market Team apparel shows fan loyalty Increases the quality and value of merchandise Teams receive royalties for sales of items with their team logos
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Top Selling NFL Jerseys April 2007-August 2007
1. LaDainian Tomlinson, RB, Chargers 2. Brady Quinn, QB, Browns 3. Tony Romo, QB, Cowboys 4. Brian Urlacher, LB, Bears 5. Peyton Manning, QB, Colts 6. Reggie Bush, RB, Saints 7. Tom Brady, QB, Patriots 8.Adrian Peterson, RB, Vikings
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The Fastest-Growing Brands In Sports
MLB Toronto Blue Jays Increased 127% the past three years to $33 million NFL Philadelphia Eagles Brand Value Increased 113% gain to $90 million NBA Cleveland Cavaliers Increased team value to $380 million NHL Buffalo Sabres Brand Value increased 53% over the past three years, to $16 million
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New Sports New Opportunities
New sports offer new opportunities for endorsement and marketing Mixed Martial Arts Fighting What is their target market? NASCAR
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Gross Impression Number of time per advertisement, game, or show that a product is associated with an athlete, team, entertainment This can be done in a variety of ways Brands shown in TV shows Norwegian Cruise Lines paid $1 million to have a cruise ship shown on The Apprentice Logos on shoes, uniforms Can you think of any others?
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