Title: PROMOTION
1Promotion in Sports
Promotion
Marketing the Game
2Objectives
- Define Event Marketing
- Define promotion and identify major forms of
promotion - Describe the promotional mix
3PROMOTION
- Any form of communication a business or company
uses to inform, persuade, or remind people about
products and to improve its image
4What is event marketing?
- All Activities associated with the sale,
distribution, and promotion of a sports event.
5Purposes of Promotion in Sports
- Generate Sales
- Attract a Targeted Audience
- Help Create a Positive Image
6The combination of promotional techniques a
business uses to inform or persuade people about
its products represents a products
PROMOTIONAL MIX
7Promotional Techniques
- Advertising
- Publicity
- Public Relations/Sales Promotion
- Personal Selling
- Visual Merchandising
8ADVERTISING
- The non-personal
- presentation of
- ideas and
- products by an
- identified sponsor.
PAID FOR
9PUBLICITY
- Creating awareness and demand for a business or
product by placing news about it in the media
10SALES PROMOTION
An incentive offered by a retailer or manufacture
An incentive offered by a business to
- stimulate purchases
- inform customers about products
- create a positive store image
- increase store traffic.
- Trade Promotions
- Consumer Sales Promotions
11PERSONAL SELLING
The PERSONAL presentation of a product or company
to one or more potential buyers
- Includes
- Door to door sales
- Showroom sales
12Visual Merchandising
- The coordination of all physical elements in a
place of business so that it projects the right
image to its customers
13Determining a Promotional Budget
- 3 Methods
- Percentage of sales
- Competitive parity
- Objective-and-task method
14Percentage of Sales
- A set percentage, or portion, of last years
sales or the coming years sales to decide on the
funds for the promotional budget.
Benefit Easy to calculate
Issue Last years sales may be higher or lower
than this years
15Competitive Parity
- Teams look for industry trends on how much to
spend.
Benefit Easy to copy successful promotions
Issue May not be able to spend what other teams
spend Team objectives may not be the same
16Objective-and-task Method
- Teams set objectives for their promotion and
decide what promotional activates are necessary
to reach those objectives.
Issue More difficult to plan
Benefit Takes other methods into consideration