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Market Research in Sports/Entertainment

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Presentation on theme: "Market Research in Sports/Entertainment"— Presentation transcript:

1 Market Research in Sports/Entertainment
Unit 3 SEM

2 Opening Question What topics do market researchers focus on when doing research in sports and entertainment?

3 Marketing Research Gather, disseminated information regarding marketing problems Process Define problem Analyze situation Process for data collection Collect data Analyze findings Solution Implement/check for success

4 Data Primary Secondary Collecting data for specific research problems
Preexisting data Data gathered from another source

5 Collecting Data Primary Data—Sample size Secondary Data collections
Finding the correct amount people to represent the population Sample must represent demographics of population Secondary Data collections Research companies Nielsen

6 Sophisticated Research
Growth of Market Research industry has lead to developments in research techniques Data Mining Using computers to “dig up” data Nielson is a data source that using mining for clients Using “cookies” to data mine Used to collect data on online consumers—tracks behaviors Ratings

7 Ethical Issues Consumer Privacy Unethical practices Cookies
Federal Trade Commission Must protect privacy of business and consumer Illegal to disguise market research as a sales tactic Reporting truthful findings

8 Work Session Nielsen Activity Braves Stadium Activity


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