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Published byHarriet Greene Modified over 9 years ago
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CHAPTER 3: THE SPORTS MARKET
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I. SPORTS MARKETING PROFILE PEOPLE SPEND MONEY ON SPORTS BECAUSE THEY ARE ENTERTAINED BY THE COMPETITION AND SPECTACLE OF SPORTS. SPORTS MARKETERS SELL SPORTS, GAMES, AND SERVICES TO THESE FANS
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SPORTS MARKETING: MARKETING ACTIVITIES DESIGNED TO SATISFY THE NEEDS AND WANTS OF SPORTS CONSUMERS THRU PLANNING, PROMOTING, FINANCING AND SPONSORSHIP. MARKETING OF SPORTS AND MARKETING THRU SPORTS
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HISTORY: ARNOLD PALMER WAS ONE OF THE 1 ST PROFESSIONAL ATHLETES TO ASSOCIATE WITH CORPORATIONS IN A PROFESSIONAL ROLE MONDAY NIGHT FOOTBALL
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II. CAREERS SPORTS MARKETING IS A MULTI-BILLION DOLLAR INDUSTRY W/ MANY CAREER OPPORTUNITIES: SCRIPTWRITERAvg. Salary: PRODUCERAthlete $43,350 TICKET AGENTAd Sales$47,890 FOOD-MERCHANDISE bls.gov/ooh GROUP TICKET SALES SPORTS AGENT
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WHY??? Why is the average salary of an athlete so low???
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III. CATEGORIES OF SPORTS THERE ARE SEVERAL CATEGORIES OF SPORTS THAT CAN BE CLASSIFIED AS AMATEUR OR PROFESSIONAL.
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A. AMATEUR: ANYONE WHO DOES NOT GET PAID TO PLAY A SPORT OR PARTICIPATE IN A SPORTING EVENT. YOU ONLY NEED THE DESIRE AND THE DRIVE!
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B. PROFESSIONAL: ATHLETE WHO HAS THE WILL AND ABILITY TO EARN AN INCOME FROM A PARTICULAR SPORT
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IV. CATEGORIES OF AMATEUR SPORTS THERE ARE A VARIETY OF EVENTS THAT ARE CATEGORIZED AS AMATEUR SPORTING EVENTS:
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A. YOUNG AMATEUR SPORTS- YOUTH LEAGUE TOURNEMENTS IN MAJOR CITIES THAT ATTRACT PARENTS, SPONSORS AND COLLEGES
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B. RECREATIONAL SPORTS- CAN BE COMPETITIVE SUCH AS DOWN HILL SKIING, SOCCER, SOFTBALL NON-COMPETITVE SUCH AS SCUBA DIVING, ROLLERBLADING, SKYDIVING, AND ROCK CLIMBING
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C. HIGH SCHOOL SPORTS- STRONG COMMUNITY TIES EDUCATIONAL BALANCE COMMUNITY TRADITION LOCATION CONSIDERATIONS
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D. COLLEGE/UNIVERSITY SPORTS- VERY POPULAR AND COMPETITIVE OFFER LARGER VARIETY LARGER BUDGETS (OHIO STATE) ALUMNI CONTRIBUTIONS NCAA GOVERNED-MEN ’ S BASKBL
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V. CATEGORIES OF PROFESSIONAL SPORTS PROFESSIONAL SPORTS PAYS OUT AND TAKES IN THE MOST AMOUNT OF MONEY OF ALL SPORTING CATEGORIES:
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A. PLAYER PAY- PLAYERS WILL RECEIVE NOT ONLY PAYMENT FROM THE TEAM/CORP. BUT ALSO THRU ENDORSEMENTS (LEBRON JAMES, MICHAEL JORDAN, TIGER WOODS)
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B. TEAMS AS BUSINESSES- TEAMS ARE CONSIDERED FULLY FUNCTIONAL BUSINESSES WHO ’S MAIN GOALS ARE: GET THE BEST PLAYERS SELL THE MOST MERCHANDISE SELL THE MOST TICKETS
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C. PROFESSIONAL SPORTS ENTERTAINMENT- ATHLETIC & ENTERTAINMENT MARKETING ARE INVOLVED. MAJOR CORP. ARE WELCOMED AS SPONSORS B/C THEY ATTRACT AUD. TO PRODUCTS AS WELL AS THE SPORT.
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VI. OTHER SPORTS CATEGORIES BESIDES THE MAIN CATEGORY OF SPORTS AND SPORTING EVENTS, THE WORLD OF SPORTS HAS BROADENED ITS CATEGORIES:
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A. OLYMPICS- -GREEK INFLUENCE (776 B.C.-HRCL) -1890-REINSTATED-(IOC)-9 COUNTRIES -BROUGHT BACK TO ATHENS 1896 (300 ATHLETES, 13 COUNTRIES) ABANDONED CITIES
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ILLEGAL DRUGS, TERRORIST ATTACKS, AND BOYCOTTS 1984-FIRST CORPORATE SPONSORSHIP FROM 43 CORP (225 MILLION) AMATEUR RULE: OVERTURNED IN 1986. 1992 “ DREAM TEAM ”
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B. PARALYMPICS- -CONTEST FOR THOSE WITH SPINAL CORD INJURIES-1960 -1968-SPECIAL OLYMPICS-EUNICE KENNEDY SHRIVER. CURRENTLY SERVES 1 MILLION IN 200 PROGRAMS & 150 COUNTRIES
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C. INTERNATIONAL SPORT EVENTS BRINGING EVENTS TO AMERICA FROM AROUND THE WORLD -TOUR DE FRANCE -POLO -WORLD CUP -OLYMPICS
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D. WOMEN ’ S SPORTS (PG. 67) -1932 MILDRED DIDRIKSON -1972 TITLE IX-BANS GENDER DISCRMN. IN SCHOOLS -BILLE JEAN KING -1991-1 ST FEMALE NBA PRESD.
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E. EXTREME SPORTS- NON-TRADITIONAL METHODS OF ATHLETIC COMPETITION: SURFING SKATEBOARDING SNOWBOARDING MOUNTAIN BIKING X GAMES- ESPN
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