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Sports and Entertainment Marketing

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Presentation on theme: "Sports and Entertainment Marketing"— Presentation transcript:

1 Sports and Entertainment Marketing
The Promotional Mix Sports and Entertainment Marketing

2 Promotion any form of communication a business or organization uses to inform, persuade, or remind people about its products or improve its public image

3 Product Promotion used to convince potential customer to buy products instead of buying from a competitor Identifies where it is sold Advertises product sales Answers consumer questions Introduces new offerings

4 Institutional Promotion
used by a business to create a favorable image for itself, as opposed to promoting a product or service Does not directly sell a certain product, but a favorable image will likely increase sales for a company

5 Promotional Mix the combination of the different types of promotion a business or organizations uses to promote its products

6 The Promotional Mix Direct Marketing Sales Promotion Publicity
Advertising Sales Promotion Direct Marketing Publicity Personal Selling

7 The Promotional Mix Advertising – any PAID form of non-personal promotion of ideas, goods, or services by an identified sponsor Sales Promotion – a short term incentive to get customers interested in buying a product Direct Marketing – marketing activities to sell products directly to customers through the use of a customer database Publicity – the FREE mention of a product or company in the media Personal Selling – direct communication by a salesperson to potential customers either in person, by telephone, or

8 Advertising Paid communication One-way communication
Broadcast (TV, Internet, Radio) Print (Newspaper, Magazines, Direct Mail) Outdoor (Billboards, Marquis) Transit (Busses)

9 Sales Promotion All marketing activities other than
Advertising Selling Publicity/PR Activities that drive product sales Examples: Coupons, contests, raffles, special events

10 Direct Marketing Marketing activities to sell products directly to customers through the use of a customer database

11 Publicity & Public Relations
Activities that influence a target audience Creates a favorable image for the company, it’s products, or policies Cultivate media relations IMAGE!

12 Personal Selling Face-to-face interaction with customer
Persuasive approach – educate and inform about the product/service The goal is to lead the customer to a correct buying decision for their needs Business-to-business selling Business-to-consumer selling

13 Activity Promotional Mix Internet Activity


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