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Fundamentals of
Sport Marketing
Chapter 3
Sport Marketing Process 11
Theory of Sport Marketing
Where does Sport
Marketing come
from???
22
Theory of Sport Marketing
Where does Sport Marketing come
from???
First –
A need for highly specialized professionals
working in the sport business industry.
Second --
It’s a content area of the Sport Business
Management field of study.
33
What is Sport Management
Sport Business Management –
is the study and practice of all people, activities,
businesses, or organizations involved in
producing, facilitating, promoting, or
organizing any sport-related business or
product.
(also known as Sport Management, and Sport Administration)
Sport Business Management –
is the study and practice of all people, activities,
businesses, or organizations involved in
producing, facilitating, promoting, or
organizing any sport-related business or
product.
(also known as Sport Management, and Sport Administration)
44
What is “Marketing?”
The word “marketing” comes from the
word “market” which means “a group of
buyers and sellers (usually producers and
consumers) bargaining over the terms of
exchange for goods and/or services.”
Marketing is the study of people and what
they buy, how much they will pay, where
they want to purchase a product, and how
they are affected by promotional tactics
and messages. 55
Sport Marketing Defined
“Sport Marketing is the process of
designing and implementing
activities for the production, pricing,
promotion, and distribution of a sport
product to satisfy the needs or
desires of consumers and to achieve
the company’s objectives.”
(Pitts, B.G. & Stotlar, D.K. 2007. Fundamentals of Sport Marketing. F.I.T.
Publishers.)
66
The fundamentals of sport marketing are
based on the foundational theory and
research of several fields, along with the
knowledge of sport marketing professionals
in the industry.
The fundamentals of sport marketing are
based on the foundational theory and
research of several fields, along with the
knowledge of sport marketing professionals
in the industry.
“Fundamentals” is information and
knowledge about something. Where
does that information and knowledge
come from??
“Fundamentals” is information and
knowledge about something. Where
does that information and knowledge
come from??
77
Information and knowledge comes from
existing information and knowledge; or from
research that results in new information or
knowledge.
THEORY – a system of assumptions, accepted principles, and
rules of procedure devised to analyze, predict, or explain a
set of phenomena.
RESEARCH – a systematic and organized investigation.
USED TO:
► add to one’s knowledge
► add to a body of knowledge
► find a solution to a problem
► to discover answers to specific questions
88
99
Some segments of the sport business industry
 Participation Sports
 Spectatorial Sports Events
 Sporting Goods
 Sports Media – Print
 Sports Media – Broadcast
 Sports Media – Electronic
 Sponsorship
 Athlete Management
 Sports Tourism and Travel: for
participation or spectatorial
 Facility and Venue Design
and Construction
 Licensing and Merchandising
 Sport Marketing Research
 Web Sport Business
 Sport Law Firms
 Sport Event Management
 Sports Medicine
 Sports Governing
Organizations
 Advertising
 Endorsement Management
1010
1111
Examples of areas of study in sport business
management (Table 3.2)
 Sponsorship analysis
 Spectatorial sport
 Sporting goods
 Licensing and merchandising
 Consumer market identification and analysis
 Web sport business
 Sport law
 Sport event management
 Economic impact
 Sports tourism impact
 Sporting goods consumption
 Commercialization
 Trends
 Financial analysis
1212
 Here we go.....
THIS is Sport Marketing!
next slide...  >>>
Ssoooooooo.... How do you DO sport marketing??
1313
1414
Company
Research & Information Collection
Company Mission & Goals
Consumer Competitor Climate
Segmentation
Target Market Decisions
Sport Marketing Mix Decisions & Strategies
Marketing Management Strategies
Implementation –
Management – Evaluation – Adjustment
The Sport Marketing Management Model
PriceProduct Place Promotion
Figure 3.3 The Sport Marketing Management Model
1515
Company
Research & Information Collection
Company Mission & Goals
Consumer Competitor Climate
Segmentation
Target Market Decisions
Sport Marketing Mix Decisions & Strategies
Marketing Management Strategies
Implementation –
Management – Evaluation – Adjustment
The Sport Marketing Management Model
PriceProduct Place Promotion
Figure 3.3 The Sport Marketing Management Model
The Marketing
Mix decisions
are made based
on information.
That
informationcomes fromResearch.
1616Source: Pitts & Stotlar, 2007
The consumer and its factors that affect sport
marketing strategies
ConsumerConsumer
BehavioralisticBehavioralistic
GeographyGeography
PsychographicsPsychographics
DemographicsDemographics
Source: Pitts & Stotlar, 2007
Product Use &
Function
Product Use &
Function
The competitor and its factors that affect sport
marketing strategies
COMPETITORCOMPETITOR
strengthsstrengthspositionposition
trendstrendsindustryindustry
market sharemarket share
product/price/place/promotionproduct/price/place/promotion
1818
The company and its factors that affect sport
marketing strategies
COMPANYCOMPANY
strengths
weaknesses
strengths
weaknessespositioningpositioning
financefinancemissionmission
market sharemarket share
Marketing mix strategiesMarketing mix strategies
1919
The climate and its factors that affect sport
marketing strategies
CLIMATECLIMATE
industryindustry
educationeducation economiceconomic
politicalpolitical legallegal
socialsocialmediamedia
communitycommunitytechnologytechnology
2020
communitycommunity
The 4 C’s
of Sport
Marketing:
What the sport
business needs
to study
Consumer: demographics
psychographics
geography & geodemographics
purchase behavior
product use
behavioralistic
Company: mission & objectives
brand strength
market share
financial resources
human resources
competitive advantage
marketing mix strategies
Competitor: the industry and marketplace
competitors data
brand strength
market share
trends
financial strength
positioning
competitive advantage
Climate: economic
legal
social and cultural
political
ethical
technological
education
community
Source: Pitts & Stotlar, 2007 2121
2222
Company
Research & Information Collection
Company Mission & Goals
Consumer Competitor Climate
Segmentation
Target Market Decisions
Sport Marketing Mix Decisions & Strategies
Marketing Management Strategies
Implementation –
Management – Evaluation – Adjustment
The Sport Marketing Management Model
PriceProduct Place Promotion
Figure 3.3 The Sport Marketing Management Model
2323
The Marketing Mix: The Four
P’s
Marketing MixMarketing Mix
PromotionPromotionPlacePlace
PricePriceProductProduct
What you
have created
for the
consumer.
Exchange
agreement
with the
consumer.
Getting the
product to the
consumer.
Communication
to/with the
consumer.
2424
2525
Company
Research & Information Collection
Company Mission & Goals
Consumer Competitor Climate
Segmentation
Target Market Decisions
Sport Marketing Mix Decisions & Strategies
Marketing Management Strategies
Implementation –
Management – Evaluation – Adjustment
The Sport Marketing Management Model
PriceProduct Place Promotion
Figure 3.3 The Sport Marketing Management Model
2626
Company
Research & Information Collection
Company Mission & Goals
Consumer Competitor Climate
Segmentation
Target Market Decisions
Sport Marketing Mix Decisions & Strategies
Marketing Management Strategies
Implementation –
Management – Evaluation – Adjustment
The Sport Marketing Management Model
PriceProduct Place Promotion
Figure 3.3 The Sport Marketing Management Model

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Sport Marketing Chapter 3 before

  • 1. Fundamentals of Sport Marketing Chapter 3 Sport Marketing Process 11
  • 2. Theory of Sport Marketing Where does Sport Marketing come from??? 22
  • 3. Theory of Sport Marketing Where does Sport Marketing come from??? First – A need for highly specialized professionals working in the sport business industry. Second -- It’s a content area of the Sport Business Management field of study. 33
  • 4. What is Sport Management Sport Business Management – is the study and practice of all people, activities, businesses, or organizations involved in producing, facilitating, promoting, or organizing any sport-related business or product. (also known as Sport Management, and Sport Administration) Sport Business Management – is the study and practice of all people, activities, businesses, or organizations involved in producing, facilitating, promoting, or organizing any sport-related business or product. (also known as Sport Management, and Sport Administration) 44
  • 5. What is “Marketing?” The word “marketing” comes from the word “market” which means “a group of buyers and sellers (usually producers and consumers) bargaining over the terms of exchange for goods and/or services.” Marketing is the study of people and what they buy, how much they will pay, where they want to purchase a product, and how they are affected by promotional tactics and messages. 55
  • 6. Sport Marketing Defined “Sport Marketing is the process of designing and implementing activities for the production, pricing, promotion, and distribution of a sport product to satisfy the needs or desires of consumers and to achieve the company’s objectives.” (Pitts, B.G. & Stotlar, D.K. 2007. Fundamentals of Sport Marketing. F.I.T. Publishers.) 66
  • 7. The fundamentals of sport marketing are based on the foundational theory and research of several fields, along with the knowledge of sport marketing professionals in the industry. The fundamentals of sport marketing are based on the foundational theory and research of several fields, along with the knowledge of sport marketing professionals in the industry. “Fundamentals” is information and knowledge about something. Where does that information and knowledge come from?? “Fundamentals” is information and knowledge about something. Where does that information and knowledge come from?? 77
  • 8. Information and knowledge comes from existing information and knowledge; or from research that results in new information or knowledge. THEORY – a system of assumptions, accepted principles, and rules of procedure devised to analyze, predict, or explain a set of phenomena. RESEARCH – a systematic and organized investigation. USED TO: ► add to one’s knowledge ► add to a body of knowledge ► find a solution to a problem ► to discover answers to specific questions 88
  • 9. 99
  • 10. Some segments of the sport business industry  Participation Sports  Spectatorial Sports Events  Sporting Goods  Sports Media – Print  Sports Media – Broadcast  Sports Media – Electronic  Sponsorship  Athlete Management  Sports Tourism and Travel: for participation or spectatorial  Facility and Venue Design and Construction  Licensing and Merchandising  Sport Marketing Research  Web Sport Business  Sport Law Firms  Sport Event Management  Sports Medicine  Sports Governing Organizations  Advertising  Endorsement Management 1010
  • 11. 1111
  • 12. Examples of areas of study in sport business management (Table 3.2)  Sponsorship analysis  Spectatorial sport  Sporting goods  Licensing and merchandising  Consumer market identification and analysis  Web sport business  Sport law  Sport event management  Economic impact  Sports tourism impact  Sporting goods consumption  Commercialization  Trends  Financial analysis 1212
  • 13.  Here we go..... THIS is Sport Marketing! next slide...  >>> Ssoooooooo.... How do you DO sport marketing?? 1313
  • 14. 1414 Company Research & Information Collection Company Mission & Goals Consumer Competitor Climate Segmentation Target Market Decisions Sport Marketing Mix Decisions & Strategies Marketing Management Strategies Implementation – Management – Evaluation – Adjustment The Sport Marketing Management Model PriceProduct Place Promotion Figure 3.3 The Sport Marketing Management Model
  • 15. 1515 Company Research & Information Collection Company Mission & Goals Consumer Competitor Climate Segmentation Target Market Decisions Sport Marketing Mix Decisions & Strategies Marketing Management Strategies Implementation – Management – Evaluation – Adjustment The Sport Marketing Management Model PriceProduct Place Promotion Figure 3.3 The Sport Marketing Management Model The Marketing Mix decisions are made based on information. That informationcomes fromResearch.
  • 16. 1616Source: Pitts & Stotlar, 2007
  • 17. The consumer and its factors that affect sport marketing strategies ConsumerConsumer BehavioralisticBehavioralistic GeographyGeography PsychographicsPsychographics DemographicsDemographics Source: Pitts & Stotlar, 2007 Product Use & Function Product Use & Function
  • 18. The competitor and its factors that affect sport marketing strategies COMPETITORCOMPETITOR strengthsstrengthspositionposition trendstrendsindustryindustry market sharemarket share product/price/place/promotionproduct/price/place/promotion 1818
  • 19. The company and its factors that affect sport marketing strategies COMPANYCOMPANY strengths weaknesses strengths weaknessespositioningpositioning financefinancemissionmission market sharemarket share Marketing mix strategiesMarketing mix strategies 1919
  • 20. The climate and its factors that affect sport marketing strategies CLIMATECLIMATE industryindustry educationeducation economiceconomic politicalpolitical legallegal socialsocialmediamedia communitycommunitytechnologytechnology 2020 communitycommunity
  • 21. The 4 C’s of Sport Marketing: What the sport business needs to study Consumer: demographics psychographics geography & geodemographics purchase behavior product use behavioralistic Company: mission & objectives brand strength market share financial resources human resources competitive advantage marketing mix strategies Competitor: the industry and marketplace competitors data brand strength market share trends financial strength positioning competitive advantage Climate: economic legal social and cultural political ethical technological education community Source: Pitts & Stotlar, 2007 2121
  • 22. 2222 Company Research & Information Collection Company Mission & Goals Consumer Competitor Climate Segmentation Target Market Decisions Sport Marketing Mix Decisions & Strategies Marketing Management Strategies Implementation – Management – Evaluation – Adjustment The Sport Marketing Management Model PriceProduct Place Promotion Figure 3.3 The Sport Marketing Management Model
  • 23. 2323
  • 24. The Marketing Mix: The Four P’s Marketing MixMarketing Mix PromotionPromotionPlacePlace PricePriceProductProduct What you have created for the consumer. Exchange agreement with the consumer. Getting the product to the consumer. Communication to/with the consumer. 2424
  • 25. 2525 Company Research & Information Collection Company Mission & Goals Consumer Competitor Climate Segmentation Target Market Decisions Sport Marketing Mix Decisions & Strategies Marketing Management Strategies Implementation – Management – Evaluation – Adjustment The Sport Marketing Management Model PriceProduct Place Promotion Figure 3.3 The Sport Marketing Management Model
  • 26. 2626 Company Research & Information Collection Company Mission & Goals Consumer Competitor Climate Segmentation Target Market Decisions Sport Marketing Mix Decisions & Strategies Marketing Management Strategies Implementation – Management – Evaluation – Adjustment The Sport Marketing Management Model PriceProduct Place Promotion Figure 3.3 The Sport Marketing Management Model