Download presentation
Presentation is loading. Please wait.
Published byIrma Waters Modified over 9 years ago
1
Lesson 1.1 Genesis of SEM Copyright © 2014 by Sports Career Consulting, LLC
2
Lesson 1.1 History of SEM What is SEM? Sports and Entertainment Marketing Acronym for: Copyright © 2014 by Sports Career Consulting, LLC
3
Lesson 1.1 History of SEM Forms of sports marketing started as early as 1858 (first known athletic event to charge admission took place at a baseball game) Entertainment as we know it today (movies, radio, television, music) exploded from 1900 on, and as technology improved, so did the products being offered The Evolution of SEM Copyright © 2014 by Sports Career Consulting, LLC SEM is a relatively new concept
4
Lesson 1.1 History of SEM The 1900’s also brought the advent of carnivals, amusement parks, and theme parks which evolved from (but did not completely replace) fairs, circuses and festivals The Evolution of SEM Copyright © 2014 by Sports Career Consulting, LLC SEM is a relatively new concept
5
Lesson 1.1 History of SEM Evolved as fan support grew with willingness to spend discretionary income on sports Emergence of radio and television increase exposure to sports. The Evolution of SEM Copyright © 2014 by Sports Career Consulting, LLC Many events influenced growth
6
Lesson 1.1 History of SEM Corporations began to see the benefit with sports affiliations, resulting in a sponsorship boom Celebrity endorsements and naming rights deals became common industry practice Advancement of technologies making it easier to consume sports and entertainment while more sports and entertainment properties are introduced The Evolution of SEM Copyright © 2014 by Sports Career Consulting, LLC
7
Lesson 1.1 History of SEM Industry Size & Scope Copyright © 2014 by Sports Career Consulting, LLC The sports business industry is one of the largest and fastest growing industries in the United States Research conducted in 2014 by Plunkett Research estimates the overall size of the entire sports industry in the U.S. is around $485 billion (global, the sports industry is estimated to be around $1.5 trillion)
8
Lesson 1.1 History of SEM Industry Size & Scope How does the sports industry stack up against other industries? Copyright © 2014 by Sports Career Consulting, LLC
9
Lesson 1.1 History of SEM Copyright © 2014 by Sports Career Consulting, LLC Source: Plunkett's Sports Industry Almanac Overall Spending (In Billions) 2014 Sports Industry Revenue Streams 05101520253035406080 “Big 4” U.S. sports leagues Racetracks, sports teams & other spectator sports Fitness and recreation NCAA sports Sports goods equipment (retailers) NASCAR
10
Lesson 1.1 History of SEM Industry Size & Scope Copyright © 2014 by Sports Career Consulting, LLC Entertainment industry extends from movies, television and radio, to theatre, home entertainment, amusement/theme parks, gaming and much more Consumers have shown an insatiable appetite for entertainment resulting in an industry boom
11
Lesson 1.1 History of SEM There are 9,566 FM radio stations in the United States Over 1.4 billion movie tickets are sold each year in U.S. theaters Analysts at Veronis Suhler Stevenson estimate that total U.S. communications and media spending hit $1.12 trillion in 2012 (up from only about $891.5 billion in 2008) and will grow to $1.416 trillion in 2014 Broadly measured, the entertainment and media industry spans multiple sectors Copyright © 2014 by Sports Career Consulting, LLC
12
Lesson 1.1 History of SEM Of the 50 billion+ downloads sold in the history of the iTunes store, 15 of the 25 most downloaded apps ever are games Broadly measured, the entertainment and media industry spans multiple sectors Copyright © 2014 by Sports Career Consulting, LLC
13
Lesson 1.1 History of SEM Copyright © 2014 by Sports Career Consulting, LLC Source: U.S. Census Overall Revenue (In Billions) Entertainment Industry Revenue Streams 0102030405060708090 Film/theatrical/DVD Electronic gaming Music industry Amusement/theme park Theatrical productions TV broadcast and cable
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.