281x Filetype PPT File size 2.24 MB Source: www.wappingersschools.org
The Consumer and Sports Products The Consumer and Sports Products Economic Impact of Sports Marketing Economic Impact of Sports Marketing 2 Chapter Objectives Define the sports consumer. Explain market segmentation. Identify sports products. Explain the differences between sports goods and services. Differentiate between the product line and product mix. Explain the economic impact of sports marketing. 3 The Sports Consumer A purchase by the sports sports consumer a sports consumer, as a customer, person who may play, consumer officiate, watch, or listen is a decision of approval in to sports, or read, use, an extremely competitive purchase, predict, market. and/or collect items related to sports 4 The Sports Consumer The two categories that affect the sports consumer’s decision to spend money on or participate in sports are: Environmental factors Individual factors – Family, friends – Self-concept or self-image – Society’s attitudes and values – Physical characteristics – Cultural differences – Learned characteristics – Climate and region – Motivation and attitude – Marketing influences 5 Sports Consumers and Market Segmentation Understanding market market segmentation market segmentation of the sports a way of analyzing a segmentation market by specific consumer market is characteristics to create important in order to sell a target market products and services. (Start video at 2:15) Geographics Demographics Psychographics Constantly shifting Product benefits 6
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