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1.02 Vocab

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Term
Definition
Sports Mktg.   The process of planning and executing the conception, pricing, promotion, and distribution of sports ideas, goods, and services to create exchanges that satisfy individual and organizational objectives.  
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Perishable Experience   a football game you played, you will never play again  
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Sporting goods   Tangible, manufactured products that make the game possible  
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Intangible   An experience you can see, feel, and participate in  
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Event Mktg.   A designing or developing a live themed activity, occasion, display or exhibit, such as a sports, music festival or concert to promote a product, cause, or organization.  
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Immediate fulfillment   produce & consumer the product at the same time  
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Organized participants   walking in the woods, jogging, freedom pf rules  
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Personal connection   build consumer trust for the production  
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private events   weddings, birthdays, family events, anniversaries  
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spectators/fans   observers of the sporting event  
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sponsors   Businesses or organizations that pay to associate their names or products with a sporting event.  
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unorganized participants   walking in the woods, jogging, freedom of rule  
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brand awareness   build awareness of your product by marketing the event  
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corporate events   conferences, seminars, trade shows, team building, heme parties, VIP events, incentive travel  
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facility   Time wanner arena, lowes motor speedway. a building for the performance of activities or functions.  
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Created by: martinod686
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