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Unit 1 – Strategies Used in the Sports and Entertainment Industry

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Presentation on theme: "Unit 1 – Strategies Used in the Sports and Entertainment Industry"— Presentation transcript:

1 Unit 1 – Strategies Used in the Sports and Entertainment Industry

2 What is S & EM?

3 Why is Sports & Entertainment Marketing Important?

4 Factors Contributing to Growth

5 What is Marketing? Marketing is Goods are (e.g ) Services are (e.g )

6 What is the Marketing Process?
Developing - involves: Promotional – help to: Distribution – way of:

7 What is the Marketing Concept?

8

9

10

11 What Makes Up a Market? These potential customers become a market if they have:

12 What Makes Up a Market? (cont.)
Needs – Wants –

13 How Do Organizations Identify Their Target Market?
Mass Marketing Market Identification

14 Market Research There are 2 types of market research:
Primary research – (e.g ) Secondary research – (e.g )

15 What is the Marketing Mix?
Marketing Mix is a combination of 4 basic marketing strategies known as the 4 P’s:

16 Case Study #1

17 Marketing Mix (cont.)

18 Marketing Mix (cont.)

19 Marketing Mix (cont.)

20 Marketing Mix (cont.)

21 Marketing Mix (cont.)

22 Above-the-Line Promotion

23 Below-the-Line Promotion

24 Promotional Mix Most businesses use a combination of different promotional activities. The chosen promotional mix will depend on: Promotional campaigns often take into account the AIDA model:


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