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Competition for the Entertainment Dollar
Lesson 2.6 Competition for the Entertainment Dollar Copyright © 2016 by Sports Career Consulting, LLC
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Discretionary Income:
LESSON 2.6 What is SEM? Competition for the Entertainment Dollar Discretionary Income: Money left to spend after necessary expenses are paid Copyright © 2016 by Sports Career Consulting, LLC
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Competition for the Entertainment Dollar
LESSON 2.6 What is SEM? Competition for the Entertainment Dollar There is only so much discretionary income available in today’s economy. According to the U.S. Bureau of Economic Analysis, discretionary spending among U.S. consumers had rebounded, reaching an all-time high in It should be noted, however, that more discretionary income does not automatically mean more spending for U.S. consumers. Copyright © 2016 by Sports Career Consulting, LLC
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Competition for the Entertainment Dollar
LESSON 2.6 What is SEM? Competition for the Entertainment Dollar The results of a Fortune poll released in May of 2009 showed discretionary spending in America to be at a thirty year low Regardless of economic conditions, the role of the sports and entertainment marketer is to find ways for consumers to spend those dollars with their organization Copyright © 2016 by Sports Career Consulting, LLC 4
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Competition for the Entertainment Dollar
LESSON 2.6 What is SEM? Discussion Topic: Competition for the Entertainment Dollar Consider what you do with your leisure time… Where do you spend your entertainment dollars? What entertainment options are available to you in your community? Copyright © 2016 by Sports Career Consulting, LLC
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Competition for the Entertainment Dollar
LESSON 2.6 What is SEM? Discussion Topic Competition for the Entertainment Dollar Let’s examine the many entertainment possibilities available to residents in the Denver Metro Area… Copyright © 2016 by Sports Career Consulting, LLC
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LESSON 2.6 What is SEM? Copyright © 2016 by Sports Career Consulting, LLC
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LESSON 2.6 REVIEW (ANSWERS)
What is SEM? 1) Explain the concept of competition for entertainment dollars The role of the sports and entertainment marketer is to find ways for consumers to spend discretionary dollars with their organization. The competition for those discretionary dollars is always on the rise with new, innovative ways to entertain constantly being introduced to the market Copyright © 2016 by Sports Career Consulting, LLC
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Blank Slide Available for Teacher Edits
LESSON 2.6 What is SEM? Blank Slide Available for Teacher Edits Copyright © 2016 by Sports Career Consulting, LLC
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