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Published byMiloslav Novotný Modified over 5 years ago
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Sports & Entertainment: Connections & Contrasts
Chp. 2-1, 2-2, 2-3
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Sec. 2-1 History of Sports & Entertainment Marketing
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Sports & Entertainment connections
Overview: What are the connections between sports & ent.?
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A brief history of leisure
Sports & ent. are leisure activities for the purpose of enjoyment Growth of these industries has relied on:
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A brief history of leisure (cont.)
Changes:
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Entertainment for everyone
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Entertainment for everyone (cont.)
Activity -
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Entertainment for everyone (cont.)
This was vital for 2 reasons: *Sports & Ent. was a welcome distraction *more time & money spent on Sports & Ent.
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Development of s & e Mktg.
Sports:
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Development of s & e Mktg.
Entertainment:
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Marketing today Both compete:
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Sec. 2-2 Similarities in marketing
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Similarities in marketing
Some changes continued to take place over time:
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Marketing similarities
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Marketing similarities (cont.)
Product – Endorsements – Core & ancillary products
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Marketing similarities (cont.)
place – price – Price problems – price becomes an issue when:
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Marketing similarities (cont.)
promotion – convergence – Synergy = Risks & risk management –
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Sec. 2-3 Differences in marketing
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Different players, different games
3 areas for differences for s & e marketing:
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Consumer loyalty When consumers are happy with a company’s product and become repeat customers (e.g. support your favorite team) Sports Entertainment
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Find Winning . . . Know . . . Product . . . Sports Entertainment
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Difference in product Sports Entertainment
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Difference in revenue stream
Sports Entertainment
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Difference in revenue stream (cont.)
Sponsorships = tiger woods = sponsorship = endorsement Advertising and broadcast rights
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