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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.
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Chapter 2 Marketing College Athletics Lesson 2.1
Sports marketing has two major components • The Marketing of sports • Marketing through Sports
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 How can these amateur sports generate 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 What is there job?
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
How do you get to be a NCAA school • 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
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 • 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
What are some of the added benfits to businesses
Sponsorship • 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
most recognizable college logos
most recongnizable logos of all time 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