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Importance of Sports and Entertainment Marketing

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Presentation on theme: "Importance of Sports and Entertainment Marketing"— Presentation transcript:

1 Importance of Sports and Entertainment Marketing

2 What is an Industry? A group of organizations involved in the producing or handling of the same product or type of service Industries can be further defined by subdivisions

3 Examples of Industries
The Music Industry The Hotel Industry Subdivisions Country Rock Hip-Hop R&B Subdivisions Full service (resorts) Limited service Economy Extended Stay

4 Examples of Industries
The Television Industry The Sports Camp Industry Subdivisions Reality TV Talk Shows Drama Sitcom Subdivisions Football Camp Cheerleading Camp Dance Camp Basketball Camp

5 The Sports Industry Sport: source of diversion or physical activity engaged in for pleasure

6 The Entertainment Industry
Entertainment: any activity which provides a diversion or permits people to amuse themselves in their leisure time Examples: Television Live Shows Movies Music Books Magazines

7 How Are They Different? Sports Entertainment
Usually planned with a script or program Consumers are not motivated by brand or team Consumers do not remain loyal to a brand Spontaneous/not planned Unpredictable outcome Involves competition Fans support one team

8 The Sports and Entertainment Industries
Today these industries are two of the most profitable in the US Fans spend BILLIONS on recreation and related products every year

9 What is Sports Marketing
Applying marketing principles and processes to promote sports products Sports equipment Sports apparel Sports drinks

10 What is Sports Marketing
The marketing of non- sports products through association with sports or sports figures

11 Sample Sports Marketing Ads

12 What is Entertainment Marketing?
BK AD Marketing of entertainment products or using entertainment to attract customers

13 Dr. Pepper/ Iron Man

14 Growth of the Sports Industry
The sports industry generates about $200 billion a year Growth is measured in….. 1. Event Attendance Figures 2. Media Coverage (ESPN, Golf Channel, NFL Network) 3. Employment Figures (4.5 million jobs and growing) 4. Global Market Expansion

15 Growth of the Entertainment Industry
In 2011 the film industry grossed $10.6 BILLION The largest grossing movies were “The Avengers" ($617 million) “The Hunger Games" ($407 million) “Dark Knight Rises" ($359 million)

16 Trends in Sports and Entertainment
3D movies (Piranha 3D, Toy Story 3, Avatar) Midnight releases (Twilight Saga) Social Networks (Twitter, Facebook) Smart Arenas


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