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advanced theory and practice in sport marketing - Marshalls University

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elaborated upon <strong>in</strong> the chapter, as well the impact of the <strong>sport</strong> market<strong>in</strong>g mix, the<br />

escalator concept, <strong>and</strong> the elements of the <strong>sport</strong> market<strong>in</strong>g plan.<br />

Sport market<strong>in</strong>g is unique to traditional market<strong>in</strong>g <strong>in</strong> numerous ways:<br />

■ The <strong>sport</strong> product takes many forms <strong>in</strong>clud<strong>in</strong>g a consumer good, a consumer<br />

service, a commercial good, or a commercial service.<br />

■ The ma<strong>in</strong> <strong>sport</strong> product is perpetually <strong>in</strong>tangible, subjective, <strong>and</strong> variable.<br />

■ Sport <strong>and</strong> hence the <strong>sport</strong> product has an appeal that is wide <strong>and</strong> varied.<br />

■ The <strong>sport</strong> product is normally publicly consumed <strong>and</strong> consumer satisfaction<br />

is directly affected by the external environment.<br />

■ Sport product elicits strong emotional connections.<br />

■ Sport consumer believes that they are the experts when it comes to knowledge<br />

of the product.<br />

■ The <strong>sport</strong> product is a perishable commodity.<br />

■ S<strong>in</strong>ce the <strong>sport</strong> product is dem<strong>and</strong> based, the consumer dem<strong>and</strong> for the ma<strong>in</strong><br />

<strong>sport</strong> product varies greatly.<br />

■ Sport organizations concurrently compete <strong>and</strong> cooperate.<br />

■ Sport market<strong>in</strong>g efforts focus more on product extensions than the primary<br />

<strong>sport</strong> product.<br />

■ Influences from mass media have resulted <strong>in</strong> a reduced emphasis on traditional<br />

<strong>sport</strong> 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. Strategic implementation of the <strong>sport</strong> market<strong>in</strong>g mix<br />

can only be utilized if it is <strong>in</strong> conjunction with underst<strong>and</strong><strong>in</strong>g the 3 C’s of competitive<br />

analysis – the consumer, the company, <strong>and</strong> the competition <strong>in</strong> terms of<br />

product impact, potential risks, <strong>and</strong> feasibility. Ultimately this analysis seeks<br />

to determ<strong>in</strong>e how to provide value to the <strong>sport</strong> consumer, <strong>and</strong> entic<strong>in</strong>g them to<br />

become more <strong>in</strong>volved with the <strong>sport</strong> product. The concept that is essential to this<br />

development process is the escalator concept. This concept is utilized to represent<br />

the movement of consumers to higher levels of <strong>in</strong>volvement with a specified<br />

product – whether they are nonconsumers, <strong>in</strong>direct consumers, light users,<br />

medium users, or heavy users.<br />

Sport market<strong>in</strong>g plan must be developed <strong>and</strong> utilized to address the needs <strong>and</strong><br />

wants of the <strong>sport</strong> consumer. Sport market<strong>in</strong>g plans are comprehensive frameworks<br />

for identify<strong>in</strong>g <strong>and</strong> achiev<strong>in</strong>g a <strong>sport</strong> organization’s market<strong>in</strong>g goals <strong>and</strong><br />

objectives. The process used <strong>in</strong> develop<strong>in</strong>g a <strong>sport</strong> market<strong>in</strong>g plan is a 10-step<br />

process:<br />

1. Identify<strong>in</strong>g the purpose of the <strong>sport</strong> market<strong>in</strong>g plan<br />

2. Analyz<strong>in</strong>g the <strong>sport</strong> product<br />

3. Forecast<strong>in</strong>g the market climate<br />

4. Position<strong>in</strong>g the <strong>sport</strong> product<br />

MANAGING THE SPORT MARKETING MIX 33

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