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HRTE Unit 5 Sports
Sports & recreation marketing
Term | Definition |
---|---|
marketing | is the process of developing, promoting, and distributing products, or goods and services, to satisfy customers’ needs and wants |
sports marketing | the promotion of sports businesses, teams, and players through public relations, promotions, advertising, selling, and events |
Entertainment marketing | the promotion of entertainment related products and events such as movies, plays, shows, merchandise, tickets, and more.. |
recreation marketing | the promotion of businesses related to sports, fitness, and amusement. Can also include state and national parks, campgrounds, fitness centers, and other leisure related activities |
leisure time | The time left over after work and other necessities. Time for enjoyment |
brand identity | The combination of logo, slogan, and color scheme (theme) is used to help a sports, entertainment of recreation business create a… |
slogan | a catchy phrase or words that identify a product or company |
logo | also called a brand mark - a unique symbol, coloring, or other design element used to represent a company or product |
target market | a group of people identified as those most likely to become customers - specific group you are trying to reach through advertising and promotion |
marketing of sports | the promotion of a sports franchise or team |
marketing through sports | using sports as a promotional tool for other businesses |
public relations | activities that help an organization influence a target audience. Usually related to events, the media and at no cost to the business |
cause marketing | promoting social causes while also promoting your business. Examples could be promoting a cause on your packaging, donating to specific causes when purchasing a ticket, etc. |
licensing | the rights of one company to sell merchandise owned by another (usually sports or entertainment related) a percentage of all sales are given back to the original owner or creator of the merchandise. Examples might include Target selling Falcon's Jerseys |
product placement | a practice in which manufacturers of goods or providers of a service gain exposure for their products by paying for them to be featured in movies and television programs. |
sponsorship | money, products or services given to support a team or entertainment related business in exchange for the ability to promote and/or advertise the sponsors product or service at the event or connected to the event in some way |
endorsement | when a celebrity or sports figure is paid to promote a product or service |
marketing mix strategies | also called the 4 Ps of marketing. Include decisions related to how to create awareness for a product or service in order to increase sales through decisions about product, place, promotion, and pricing strategies. |
sales promotions | incentives, contests, coupons, temporary price reductions, and other methods used to gain attention to a product or service for a specific period of time. |
market segmentation | the process of grouping customers based upon their common characteristics and needs |
ticket selling strategies | Offering multiple ticket packages, operating a call center, and offering tickets through a website are all examples of |
National Board of Tourism and Recreation | The Federal Agency that supervises the preservation of natural and cultural resources for outdoor recreation is called |
recreation | This segment of the hospitality industry involves rest, relaxation, and enjoyment and includes activities such as, ropes courses, rafting/Kayaking/canoeing, hiking, teambuilding, canopy tours, hot air ballooning |
State and National Parks | This type of recreation involves protecting natural resources and landmarks while helping people learn about and enjoy them. Often includes hiking and other outdoor activities |