In this short assignment is will be identifying sponsorship for each of the six categories noted in ch 4, Sports Marketing by Sam Fullerton (Sports, Entertainments, Causes, Art, Festival, and Association). I will also Identify one of the five primary objectives of sponsorship for each category (drive sales, improve image, create greater awareness, provide hospitality opportunities, enhance employee morale). I will evaluate whether, these sponsors and sponsees are a good fit .And will they be successful for the sponsor. For sports is will be looking at the NBA as the sponsee and its new food and beverage sponsor Pepsi Co. According to an article in Fortune Magazine titled “PepsiCo nabs NBA sponsorship rights from Coca-Cola “by Beth Kowitt. She states, the terms or the duration are not being disclosed, but the deal is worth significantly more than the previous deal with Coca-Cola. The new agreement also covers the WNBA, NBA Development League, and USA Basketball. Tingyi, PepsiCo’s partner in China, will be the exclusive partner of the NBA in China through its Master Kong brand (Kowitt, B., 2015). This is a good fit. It will give exposure to PepsiCo’s other brand. The NBA deal for PepsiCo is not the usual; Mountain Dew, rather than Pepsi soda will take the headliner. PepsiCo’s Aquafina, Brisk, Doritos, and Ruffles brands will be featured in this new deal (Kowitt, B., 2015). The primary goal of sponsorship PepsiCo is intending to accomplish is creating greater awareness.
A. more and more options for companies large and small to engage in sport sponsorship
Prince Global Sports started out as an unintentional creation of an oversized tennis racquet that Howard Head created all because the thought of simply larger tennis racquet because the game of tennis was too complex to him. His creation launched a money making company later to be known as Prince Sports INC. This company had grown so much they expanded into the footwear, tennis gear, running gear, accessories, sports bags and many more products that had competitors leaving the market. Prince had learned that creating items and selling them wasn't as easy as it was thought out to be, the constant struggle of needing newer
Athletics Supreme has compiled vast amounts of research in respects to identifying who they should focus their advertising towards. They have conducted many segment and target market analysis focus groups and surveys. The company believes that they can now get the biggest return on their advertising if they focus their sights on the high school and college athletes. In Alabama, the fans are extremely loyal, they love their sports no matter if they are playing it, taking a road trip to see their favorite team play, watching their kids play, or if they are watching it on the television. They purchase uniforms, apparel, they decorate the yards and cars, they even go as far as to have their food and deserts reflect their favorite team’s colors, the mascot, or the logo. With advertising that Athletics Supreme carries all the sporting equipment, apparel, and tailgating needs will increase sales on this department drastically.
Economic theory introduces us to four different types of markets: perfect competition, monopolistic competition, oligopoly, and monopoly. Professional sports teams operate in an environment that is different than the typical business structure. The goal of this paper is to look at this industry, in particular the NFL, in an economics context and gain an understanding of the market structure of this unique industry. To do this I will discuss a brief history of the National Football League in the U.S. and how this organization is structured. I will also discuss typical market structures and type of
NOCO Soccer Academy is a successful youth soccer training program is the market that Dyer has been targeting. Dyer wants to grow his business enough to reach his strategic goal of building a sports complex for his business to occupy. Dyer needs to double his business in order to support this goal. In using S.W.O.T. analysis to evaluate NOCO’s current situation it is clear that NOCO has a number of things working for it already; customer retention is very high, awareness of NOCO in its’ current market is close to 100 percent and Dyer has access to enough trainer resources to continue his company’s growth. Some of the obstacles NOCO faces in working toward expansion are loss of customer base to high school sports programs after they
The advertising industry is a standout amongst the most productive ranges of business that means a widespread need all over the world. In order for a business to be successful, they most likely need advertising this is because advertising plays a big role in the business industry without it your business won 't succeed. Whether you 're introducing your product or services or even selling a product or want people to vote for you, will need advertising so as to get the general population to react to your product with a buy and view. For instance, Super Bowl is one of the most expensive times to get your brand and buy your commercial space as its busy during that time getting an ad during that time is perfect especially if you have the money and willing to your surge in business. In any case, there is significantly more to advertising than simply making an advertisement, you need to make an advert that will induce the viewer to have faith in your product, and it must be memorable if not then your organisation and brand will be soon forgotten. Furthermore, marketing industry sometimes go too far with their ads but advertising word any sort of exposure id great exposure this is because it makes it makes the company brand and name memorable. That 's why a few organisations will go to the controversial way to get a reaction from the viewer 's so, therefore, they will get exposure for the advert and will end up getting banned.
In my last paper I stated a problem with how marketing, preferably sports marketing has changed over the years. Why has sports marketing changed? Sports marketing has changed due to the fact that technology has rapidly changed. Technology will keep changing, I don’t think there ever will be a time when new technology or ideas will come into this world. I think a lot of the older generation refuse to believe that technology will change. Well look at it now, we have smart phones that tell us everything we need to know. People can’t go anywhere without technology. You see it everywhere. Technology will be with us no matter how much further we get in the years. It is ever changing and huge companies like Apple, Google, Samsung are all taking their
United Sports is a state of the art athletics facility located in Downingtown, Pennsylvania. They offer a wide variety of sports for people of all ages, including baseball, dance, fitness, gymnastics, soccer, tennis, dek (floor) hockey, inline (roller) hockey, football, softball, volleyball, cheerleading, field hockey, golf, lacrosse, pickleball, and even Tae Kwon Do. Depending on the sport, age groups can range from six years of age to sixty years of age. At 127,000 square feet, and 60 acres, it is by far the biggest outdoor facility in the Southeastern Pennsylvania region. It attracts customers from a sixty mile or sixty minute radius. Located in the heart of Pennsylvania’s richest county, it is prime location for an upscale sports academy.
After reviewing how the Marketing Management team assessed the effectiveness of its initiatives, I realized that the concept that Visa has should continue. Visa’s sponsorship with the NFL and the players will generate business with those individuals that are football fans. The target market will vary because even though they are focusing on getting high school students to learn to
The company I am presenting is Nike which was founded in 1965 by the athlete Phil Knight. Nike is a well known brand which is selling its products worldwide and has 36% of the market share.
audience to specific sports (Arun, 2004). In general, sponsorship holds a unique position in the
This research is basically concerned with the commercialisation of the tailgate games in the homecoming events of
Athletic Supreme is a well-known company that has been selling athletic equipment for nearly 10 years. Although the company has been performing solidly, we would like to expand our offerings into the athletic apparel world. With athletic wear becoming more popular in the fashion world and the growing interest in sporting events, Athletic Supreme would like to become a “one-stop” shop for our customers. Our main goal is to maintain our brand identity, while also maintaining profitability. Athletics Supreme offers some of the best sporting products in the world, but by expanding our offerings into the apparel market we will be better.
Managing sponsorship deals with athletes, teams or organizations who are involved in the event. 3
As the political situation is stable, so its better for business to invest money in securely. In that case, there is no political bad affect in Nike business in the united kingdom.