Sports & Entertainment Marketing Ch. 1 WY

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Created by:

mikedelpriore  on May 12, 2011

Subjects:

business

Description:

Thompson South-Western

Classes:

Sports Marketing, Sports Marketing, SEM I 2nd Block, West York Sports Marketing

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Sports & Entertainment Marketing Ch. 1 WY

marketing
Creation and maintenance of satisfying exchange relationships
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marketing Creation and maintenance of satisfying exchange relationships
marketing mix Describes how a business blends the four marketing elements (product, price, distribution, promotion)
Product What a business offers customers to satisfy needs
Distribution Locations and methods used to make products available to customers
Price The amount that customers pay for products
Promotion Ways to encourage customers to purchase products and increase customer satisfaction
Sports marketing Using sports to market products
Target market Specific group of people you want to reach
Disposable Income Income that can be freely spent
Demographics Specific information, like age ranges, marital status, gender, educational level, attitudes and beliefs, and income
Gross impression The number of times per advertisement, game, or show that a product or service is associated with an athlete, team, or entertainer
Entertainment marketing Influencing how people choose to use their time and money
Entertainment Whatever people are willing to spend their money and spare time viewing rather than participating in
ratings The number of viewers the programming attracted
Recreation Renewing or rejuvenating your body or mind with play or amusing activity
Recreational activities Those involved in travel, tourism, and amateur sports that are not associated with educational institutions
Tourism Traveling for pleasure, whether the travel is independent or tour-based
Niche Travel Recreational travel or tours planned around a special interest

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