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The consumer and the sports products
Mrs. Alexander-Harrison
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Sports consumer A sports consumer is a person who may play, officiate, watch, or listen to sports, or read, use, purchase, and/or collect items related to sports
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Market segmentation Market segmentation is a way of analyzing a market by specific characteristics to create a target market. A target market is determined by consumer characteristics, such as geographics, demographics, psychographics, and product benefits Geographics-describes locations Psychographics-describes a person likes, dislikes, personality Product benefits-Product features (attributes) reside in the product, while benefits reside in the customer. basketball shoes can have extra support around the ankle (feature), reducing the wearer's chance of injury (benefit).
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Sports products Sport products are goods, services, ideas, or a combination of those things related to sports that provide satisfaction Goods are tangible products: balls, bats, jerseys Services are intangible: tennis lessons, attending or watching a sporting event
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Product line A product line is a group of closely related products manufactured and/or sold by a company A product mix is includes the total assortment of products made and/or sold by a sports company For example, Dick’s Sporting Goods sells Nike Nike’s product mix includes: shoes, apparel, equipment and accessories A product line for Nike could include: golf balls, golf shoes, gloves, and golf apparel
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Economic impact of Sports marketing
A sporting event has a wide-reaching impact on a local economy, providing jobs and revenue for teams, cities, as well as vendors. Grassroots marketing involves helping and assisting the local community
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