chapter 2 marketing college athletics
DESCRIPTION
Chapter 2 Marketing College Athletics. Lesson 2.1. INDUSTRY SIZE--$212.53B Major Components (Billions ). Sports marketing has two major components. The Marketing of sports Marketing through Sports. Categories of Sports. Amateur High school College (collegiate) Professional. - PowerPoint PPT PresentationTRANSCRIPT
Chapter 2 Marketing College Athletics
Lesson 2.1
INDUSTRY SIZE--$212.53BMajor Components (Billions)
0
5
10
15
20
25
30
COMPONENTS
TRAVEL
ADVERTISING
EQUIPMENT
TICKET SALES,PARKING, CONCESSION
TEAM OPERATION
GAMBLING
SPONSORSHIPS
MEDICAL
FACILITYCONSTRUCTION
Categories of Sports
• Amateur
• High school
• College (collegiate)
• Professional
Amateur sports
• A person who doesn't get paid to play.
• They attract fans( spectators), attention & money
Collegiate Sports• Have a strong impact on the community• Very popular extremely competitive for many
as competitive as professional
Rules and Ranking
• NCAA- National Collegiate Athletic Association
•Is a voluntary organization through which the nation's colleges and universities govern their athletics programs.
Govern competition in a fair, safe, equitable and sportsmanlike manner
Main Purpose
• Vote on rules called bylaws. • Establish programs to govern,
promote intercollegiate athletics.• Govern competition in a fair, safe,
equitable and sportsmanlike manner,
• Integrate intercollegiate athletics into higher education
• Obtain accreditation by accrediting agency
• Offer four sports for men and four for women.
• Comply with NCAA
• Cooperate with NCAA regulations& accept penalties
Market Segmentation• Segment- group
of people within a larger market that share one or more characteristics
Basketball
Professional College
University of Kentucky
Demographic segmentation
Product usage
Benefits derived
psychographics
Geographicsegmentation
ElementsOf
Segmentation
Segment meanings
• Geographic- divisions of physical locations– (north, south, east, west)
• Demographics- income, profession gender and educations
• Psychographics- attitude and lifestyle toward a choice.
• Product Benefit- usage of the product and benefits received from it
Women's college sports• New marketing
opportunities
– Soccer shoes
– Basketball
– Golf clubs
– State of art bats
– Racing bikes
Chapter 2 Marketing college Athletics
Lesson 2.2
Economic Benefits
Benefits to the Community
• Good for Town Business
–Builds up hotels, restaurants, shopping malls, gas stations and souvenir shops
• Good for Stadium Business
–Souvenir shops and food and beverage vendors
• The promotion of a company in association with a property.
• A company gives money to fund a project
More sponsoring
• Selling Stadium Rights. Sponsor pays for having the stadium name after the business.
Sponsorship• Generating revenue for the college program. • Corporations benefits by selling their produce
during sporting events.– Hoping that the fans who like the team
purchase brands worn by team
•Corporations team up with the prospect of sells • Adidas is going to be releasing college team editions of the Adidas T-Mac 6
License- Legal right to reproduce and sell items with the teams logo
Chapter 2 Amateur Sports
Lesson 2.3
Marketing & Selling
• Amateur athletes need equipment, uniforms, shoes, lawn chairs, stadium seats, and coolers.– Who Benefits:
• Malls hotels• Restaurants• Gas stations