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Lesson 4.5 – Positioning Copyright © 2016 by Sports Career Consulting, LLC.

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Presentation on theme: "Lesson 4.5 – Positioning Copyright © 2016 by Sports Career Consulting, LLC."— Presentation transcript:

1 Lesson 4.5 – Positioning Copyright © 2016 by Sports Career Consulting, LLC

2 Positioning Marketing Applications
LESSON 4.5 Marketing Applications Positioning Fixing company products in the Minds of Consumers All about “perception” Relative to competitor products Positioning: The fixing your sports or entertainment entity in the minds of consumers in the target market Copyright © 2016 by Sports Career Consulting, LLC

3 Positioning is important to all sports and entertainment products
LESSON 4.5 Marketing Applications Positioning Positioning is important to all sports and entertainment products Sports leagues (NFL vs. Arena Football League) Sports teams (The Los Angeles Lakers in the 1980’s as “Showtime”) Sporting goods (Under Armour as comfortable performance apparel) Copyright © 2016 by Sports Career Consulting, LLC

4 Positioning is important to all sports and entertainment products
LESSON 4.5 Marketing Applications Positioning Positioning is important to all sports and entertainment products Sports drinks (Gatorade as a performance beverage) Movie studios (Pixar as a leader in animated films) Entertainers (Will Ferrell as a comedic actor) Copyright © 2016 by Sports Career Consulting, LLC

5 Positioning is important to all sports and entertainment products
LESSON 4.5 Marketing Applications Positioning Positioning is important to all sports and entertainment products Entertainment products (DVD vs. Blu-Ray) Facilities and venues (Premium seating vs. general seating) Copyright © 2016 by Sports Career Consulting, LLC

6 Positioning is About Perception
LESSON 4.5 Marketing Applications Positioning Positioning is About Perception Puma’s “Calling All Troublemakers” spot encourages fans to be more daring and push boundaries to achieve “danger, risk and potential fugitive status” in an effort to differentiate itself from Nike, Adidas and Under Armour as it continues its efforts to gain credibility and position itself as a legitimate performance apparel brand. Copyright © 2016 by Sports Career Consulting, LLC

7 Positioning is About Perception
LESSON 4.5 Marketing Applications Positioning Positioning is About Perception To drive the campaign and assist in their positioning effort, Puma partnered with athletes with “bad boy” reputations like Olympic champion Usain Bolt and soccer player Mario Balotelli. Copyright © 2016 by Sports Career Consulting, LLC

8 LESSON 4.5 Marketing Applications Positioning Wheaties cereal has positioned itself as a brand affiliated with athletic performance and its slogan, “the breakfast of champions”, has remained since the brand’s introduction in 1924. Copyright © 2016 by Sports Career Consulting, LLC

9 Positioning Marketing Applications
LESSON 4.5 Marketing Applications Positioning With sales declining, General Mills (parent company of the Wheaties brand) introduced a new spin off product aimed to take advantage of consumer perceptions of the Wheaties brand. General Mills developed three formulations of the cereal (dubbed Wheaties Fuel) with the help of a sports nutritionist and five world class athletes: the NFL's Peyton Manning, the NBA's Kevin Garnett, gold medal-winning decathlete Bryan Clay, the MLB's Albert Pujols, and triathlete Hunter Kemper. Copyright © 2016 by Sports Career Consulting, LLC

10 Marketing Applications
LESSON 4.5 Marketing Applications High (variable one) Positioning Map: Products or services are grouped together on a positioning map where they are compared and contrasted in relation to one another Product B Product A High (variable two) Low (variable two) Product D Product C Low (variable one) Copyright © 2016 by Sports Career Consulting, LLC

11 Positioning Marketing Applications
LESSON 4.5 Marketing Applications Positioning Reebok has engaged in a unique marketing initiative by positioning itself as a leader in “The Sport of Fitness”, a phrase it has incorporated into its cross-promotional efforts with the CrossFit brand. Copyright © 2016 by Sports Career Consulting, LLC

12 Positioning Marketing Applications
LESSON 4.5 Marketing Applications Positioning CrossFit training participation has increased 700 percent in just the last four years, creating an even bigger opportunity for Reebok to enjoy continued growth. Click here to read a 2015 news story from Ad Age discussing how Reebok’s positioning strategy has allowed it to re-emerge as a viable power brand in the athletic apparel space Copyright © 2016 by Sports Career Consulting, LLC 12

13 LESSON 4.5 Marketing Applications Positioning Discussion How might a sports and entertainment marketing company utilize a positioning map to help determine a ticket sales strategy? Copyright © 2016 by Sports Career Consulting, LLC

14 Ticket Sales Positioning Map Marketing Applications High Price
LESSON 4.5 Marketing Applications Ticket Sales Positioning Map High Price Luxury suite at an NFL game Lower level seats for Disney on Ice Client Entertaining Family Fun Club seats at an NBA game “Cheap Seats” at a minor league baseball game Night at the movies Low Price Copyright © 2016 by Sports Career Consulting, LLC

15 Marketing Applications
LESSON 4.5 Marketing Applications High Price Courtside Seats Lower Level End Zones Lower Level Seats Upper Level Seats Mid/Upper Level Sidelines Top Row Corners Low Price Copyright © 2016 by Sports Career Consulting, LLC

16 Identify all possible competitive advantages
LESSON 4.5 Marketing Applications Positioning Strategy Identify all possible competitive advantages 1) Products, services, channels, people or image can be sources of differentiation 2) Organizations often position their products relative to competitor Weaknesses (5-hour energy) Copyright © 2016 by Sports Career Consulting, LLC

17 Choose the right competitive advantage
LESSON 4.5 Marketing Applications Positioning Strategy Choose the right competitive advantage How many differences to promote? Unique selling proposition (5-hour energy) Copyright © 2016 by Sports Career Consulting, LLC

18 Positioning Marketing Applications
LESSON 4.5 Marketing Applications Positioning 5-hour Energy Drink focuses on its small packaging size and claims to provide a long lasting energy boost without the “usual jitters associated with energy drinks.” These purported features are intended to provide the competitive advantage necessary for distinguishing this energy drink from the many competitors on the market. Click here to view the latest endorsement from legendary pro athlete, Bo Jackson Copyright © 2016 by Sports Career Consulting, LLC

19 Positioning Strategy Marketing Applications
LESSON 4.5 Marketing Applications Positioning Strategy Recruiting student athletes is an extremely competitive process for collegiate athletic programs throughout the U.S. One way the University of North Florida helps pitch the school as an ideal destination for recruits is a “lazy river” water feature on campus, creating a laid back feel for students to relax. Copyright © 2016 by Sports Career Consulting, LLC 19

20 Positioning Strategy Marketing Applications
LESSON 4.5 Marketing Applications Positioning Strategy The concept is not lost on other schools as colleges like Texas Tech and Missouri have either already implemented similar amenities or have announced plans to do so in the future (like LSU’s planned $85 million lazy river pool and collegiate recreation facility). Copyright © 2016 by Sports Career Consulting, LLC 20

21 Positioning errors to avoid
LESSON 4.5 Marketing Applications Positioning Strategy Positioning errors to avoid Which differences to promote? Are the differences legitimate? Copyright © 2016 by Sports Career Consulting, LLC

22 Positioning Marketing Applications
LESSON 4.5 Marketing Applications Positioning Despite positioning their product in a highly successful manner, the makers of 5-hour energy were hit with a lawsuit in 2014 citing deceptive advertising charges. Copyright © 2016 by Sports Career Consulting, LLC

23 Product Differentiation
LESSON 4.5 Marketing Applications Product Differentiation Kentwool (a 168-year-old company known for selling upscale niche clothing) recently introduced a $25 pair of golf socks to the marketplace, positioning the product as “performance” apparel for the golf aficionado Product Differentiation: Refers to a positioning strategy that some firms use to distinguish their products from those of competitors Copyright © 2016 by Sports Career Consulting, LLC

24 Marketing Applications
LESSON 4.5 Marketing Applications In an interview with CNBC’s Darren Rovell, Kentwool CEO Mark Kent explains: "Ninety-five percent of all socks are fashion based. Five percent are performance based. We basically set out to put ourselves in the top one percentile of that five percent to make the highest performing sock in any market segment. So to differentiate yourself you have to become in layman's terms the Ferrari of the market, you have to be the fastest car on the street or the best performing sock in the marketplace." Copyright © 2016 by Sports Career Consulting, LLC

25 Product Differentiation
LESSON 4.5 Marketing Applications Product Differentiation For example, when Glukos launched in 2015, the brand positioned itself as an all-natural alternative to differentiate their products from competitors like Gatorade or Powerade. Copyright © 2016 by Sports Career Consulting, LLC 25

26 Re-Positioning Marketing Applications
LESSON 4.5 Marketing Applications Re-Positioning A private golf course may be suffering slumping membership sales. Management may choose to open up the course to the public, which will ultimately require a well planned re-positioning strategy Re-Positioning: A marketer’s plan for changing consumers’ perceptions of a brand in comparison to competing brands Copyright © 2016 by Sports Career Consulting, LLC

27 Re-Positioning Marketing Applications
LESSON 4.5 Marketing Applications Re-Positioning Re-positioning involves identifying who the new target market is and a strategy for creating awareness and demand within that market Part of the re-positioning effort in this case would require sending a message to the target market that the club is affordable by public standards Copyright © 2016 by Sports Career Consulting, LLC

28 LESSON 4.5 Marketing Applications Re-Positioning Slogan might be “Enjoy the benefits of a private club at public course rates!” Copyright © 2016 by Sports Career Consulting, LLC

29 Re-Positioning Marketing Applications
LESSON 4.5 Marketing Applications Re-Positioning According to the Sports Business Journal, as part of their new deal with CBS, the Pro Bull Riders Association will now be grouped among other major properties online, like the NFL and the NCAA men’s basketball tournament to re-position it as a more legitimate sports property (in the past, PBR was grouped under the “CBS Sports Spectacular” banner alongside some niche sports). Copyright © 2016 by Sports Career Consulting, LLC

30 Re-Positioning Marketing Applications
LESSON 4.5 Marketing Applications Re-Positioning The Milk Processor Education Program wanted to re-position chocolate milk as a beverage athletes could use as a “ recovery drink” to replenish after grueling workouts. Copyright © 2016 by Sports Career Consulting, LLC 30

31 Re-Positioning Marketing Applications
LESSON 4.5 Marketing Applications Re-Positioning To help with their positioning efforts, the brand enlisted Olympic athletes like Tyler Clary and Jessica Hardy and soccer star Kelley O’ Hara to star in a campaign to communicate the “ Built with Chocolate Milk” message to consumers. The builtwithchocolatemilk.comwebsite even features a page that explains the science behind the product’ s ability to help athletes recover. Copyright © 2016 by Sports Career Consulting, LLC 31

32 Blank Slide Available for Teacher Edits
LESSON 4.5 Marketing Applications Blank Slide Available for Teacher Edits Copyright © 2016 by Sports Career Consulting, LLC

33 LESSON 4.5 REVIEW (ANSWERS)
Marketing Applications 1) Illustrate the concept of positioning Positioning is the fixing of a sports or entertainment entity in the minds of consumers in the target market Copyright © 2016 by Sports Career Consulting, LLC


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