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advanced theory and practice in sport marketing - Marshalls University

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Most of the Market<strong>in</strong>g Effort Is Not Placed on the<br />

Primary Sport Product; It Is Placed on Product<br />

Extensions<br />

S<strong>in</strong>ce market<strong>in</strong>g professionals have little or no say about the primary product,<br />

they must use product extensions to get the message about the product <strong>in</strong>to<br />

the public eye. The ma<strong>in</strong> example of a product extension is merch<strong>and</strong>ise.<br />

Product extensions serve as a major revenue generation for <strong>sport</strong> organizations<br />

at all levels.<br />

Exposure from the Mass Media Has Resulted <strong>in</strong> a<br />

Reduced Emphasis on Traditional Sport Market<strong>in</strong>g<br />

The oversaturation of <strong>sport</strong> <strong>in</strong> the mass media has resulted <strong>in</strong> an evolution <strong>in</strong><br />

the traditional method of controll<strong>in</strong>g <strong>and</strong> coord<strong>in</strong>at<strong>in</strong>g the market<strong>in</strong>g mix. This<br />

exposure is called publicity. The exp<strong>and</strong>ed public relations efforts have forced<br />

marketers who traditionally viewed the market<strong>in</strong>g mix as the 4 P’s of market<strong>in</strong>g<br />

evolve their <strong>theory</strong> <strong>in</strong>to the 5 P’s of <strong>sport</strong> market<strong>in</strong>g: product, price, place,<br />

promotion, <strong>and</strong> publicity (Figure 2.1).<br />

FIGURE 2.1<br />

THE HEART OF THE SPORT MARKET:<br />

THE SPORT MARKETING MIX<br />

Consumers<br />

Competition<br />

Company<br />

MANAGING THE SPORT MARKETING MIX 21

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