SlideShare ist ein Scribd-Unternehmen logo
1 von 7
Chapter 7
The Marketing Mix and the Sport
Business Industry
Company
Research & Information Collection
Company Mission & Goals
Consumer Competitor Climate
Segmentation
Target Market Decisions
Sport Marketing Mix Decisions & Strategies
Marketing Management Strategies
Implementation – Management – Evaluation – Adjustment
The Sport Marketing Management Model
PriceProduct Place Promotion
Figure 3.3 The Sport Marketing Management Model
Marketing Mix
• The Marketing Mix is the strategic combination
(mix) of four elements called the 4 P’s: Product,
Price, Place, Promotion
• Creation of the marketing mix involves the process
of developing or discovering the right combination
of the 4 P’s
• At the heart of the decision-making process is the
research conducted and knowledge gained about
the consumer, the competition, the company, and
the climate
A changing marketplace requires:
Constant monitoring of
the 4 C’s
•Consumer
•Competitor
•Company
•Climate
In order to maintain the
right mix of the 4 P’s
•Product
•Place
•Price
•Promotion
(This involves customizing the elements for a specific
consumer market until the optimal mix is found.)
The consumer is looking for:
• The right product
• at the right price
• in the right place
And the consumer will be influenced by the right
promotional strategy.
(see figure 7.5)
Company
Research & Information Collection
Company Mission & Goals
Consumer Competitor Climate
Segmentation
Target Market Decisions
Sport Marketing Mix Decisions & Strategies
Marketing Management Strategies
Implementation – Management – Evaluation – Adjustment
The Sport Marketing Management Model
PriceProduct Place Promotion
Figure 3.3 The Sport Marketing Management Model
Company
Research & Information Collection
Company Mission & Goals
Consumer Competitor Climate
Segmentation
Target Market Decisions
Sport Marketing Mix Decisions & Strategies
Marketing Management Strategies
Implementation – Management – Evaluation – Adjustment
The Sport Marketing Management Model
PriceProduct Place Promotion
Figure 3.3 The Sport Marketing Management Model

Weitere ähnliche Inhalte

Was ist angesagt?

Sport Marketing-Final presentation-German University in Cairo-MBA-Mar2013
Sport Marketing-Final presentation-German University in Cairo-MBA-Mar2013Sport Marketing-Final presentation-German University in Cairo-MBA-Mar2013
Sport Marketing-Final presentation-German University in Cairo-MBA-Mar2013Youssef Alaadin
 
Sport Marketing Chapter 1
Sport Marketing Chapter 1Sport Marketing Chapter 1
Sport Marketing Chapter 1teparlett
 
Customer Driven Market Strategy (STP)
Customer Driven Market Strategy (STP)Customer Driven Market Strategy (STP)
Customer Driven Market Strategy (STP)Khalid Raza Khan
 
Market Segmentation
 Market Segmentation Market Segmentation
Market SegmentationMahmudul Hasan
 
Segmentation / Targeting / Positioning
Segmentation / Targeting / PositioningSegmentation / Targeting / Positioning
Segmentation / Targeting / PositioningCris Anthony Hödar
 
Introduction to Marketing Management
Introduction to Marketing ManagementIntroduction to Marketing Management
Introduction to Marketing ManagementS.Vijaya Bhaskar
 
Stp
StpStp
Stphina456
 
The Market Segmentation Process
The Market Segmentation ProcessThe Market Segmentation Process
The Market Segmentation ProcessAiden Yeh
 
Steps in market segmentation
Steps in market segmentationSteps in market segmentation
Steps in market segmentationYashuu Parekh
 
Market Segmentation and Product Positioning Chaprter 5
Market Segmentation and Product Positioning Chaprter 5Market Segmentation and Product Positioning Chaprter 5
Market Segmentation and Product Positioning Chaprter 5Holy Cross College
 
Market Segmentation
Market SegmentationMarket Segmentation
Market Segmentationswatiitft
 
Market segmentation positioning
Market segmentation positioningMarket segmentation positioning
Market segmentation positioningVaibhavi Dalvi
 
Essentials Of Marketing
Essentials Of MarketingEssentials Of Marketing
Essentials Of Marketingkkjjkevin03
 

Was ist angesagt? (20)

Sport Marketing-Final presentation-German University in Cairo-MBA-Mar2013
Sport Marketing-Final presentation-German University in Cairo-MBA-Mar2013Sport Marketing-Final presentation-German University in Cairo-MBA-Mar2013
Sport Marketing-Final presentation-German University in Cairo-MBA-Mar2013
 
Kotler pom13e instructor_07
Kotler pom13e instructor_07Kotler pom13e instructor_07
Kotler pom13e instructor_07
 
Sport Marketing Chapter 1
Sport Marketing Chapter 1Sport Marketing Chapter 1
Sport Marketing Chapter 1
 
Segmentation
SegmentationSegmentation
Segmentation
 
Customer Driven Market Strategy (STP)
Customer Driven Market Strategy (STP)Customer Driven Market Strategy (STP)
Customer Driven Market Strategy (STP)
 
Market Segmentation
 Market Segmentation Market Segmentation
Market Segmentation
 
Segmentation / Targeting / Positioning
Segmentation / Targeting / PositioningSegmentation / Targeting / Positioning
Segmentation / Targeting / Positioning
 
Introduction to Marketing Management
Introduction to Marketing ManagementIntroduction to Marketing Management
Introduction to Marketing Management
 
Stp
StpStp
Stp
 
STP
STPSTP
STP
 
The Market Segmentation Process
The Market Segmentation ProcessThe Market Segmentation Process
The Market Segmentation Process
 
Process of Segmenting Market
Process of Segmenting Market Process of Segmenting Market
Process of Segmenting Market
 
Core marketing concepts
Core marketing conceptsCore marketing concepts
Core marketing concepts
 
Steps in market segmentation
Steps in market segmentationSteps in market segmentation
Steps in market segmentation
 
Market Segmentation and Product Positioning Chaprter 5
Market Segmentation and Product Positioning Chaprter 5Market Segmentation and Product Positioning Chaprter 5
Market Segmentation and Product Positioning Chaprter 5
 
Customer driven marketing strategy
Customer driven marketing strategyCustomer driven marketing strategy
Customer driven marketing strategy
 
Market Segmentation
Market SegmentationMarket Segmentation
Market Segmentation
 
Marketing management
Marketing managementMarketing management
Marketing management
 
Market segmentation positioning
Market segmentation positioningMarket segmentation positioning
Market segmentation positioning
 
Essentials Of Marketing
Essentials Of MarketingEssentials Of Marketing
Essentials Of Marketing
 

Andere mochten auch

Sports Studies - Sport in Action - wk12 - session 4 - Marketing
Sports Studies - Sport in Action - wk12 - session 4 - MarketingSports Studies - Sport in Action - wk12 - session 4 - Marketing
Sports Studies - Sport in Action - wk12 - session 4 - Marketingmjb87
 
Unit 4 - The Sports Product
Unit 4 - The Sports ProductUnit 4 - The Sports Product
Unit 4 - The Sports Productcelsesser
 
Extended Ps Of Marketing
Extended Ps Of MarketingExtended Ps Of Marketing
Extended Ps Of Marketingthombremahesh
 
Unit 4 The Sport Product
Unit 4  The Sport ProductUnit 4  The Sport Product
Unit 4 The Sport Productmrhennings
 
Atmospherics - Physical Evidence, The Servicescape
Atmospherics - Physical Evidence, The ServicescapeAtmospherics - Physical Evidence, The Servicescape
Atmospherics - Physical Evidence, The ServicescapeTom Chapman
 
Module 5 product and service marketing
Module 5  product and service marketingModule 5  product and service marketing
Module 5 product and service marketingJeVaughn Ferguson
 
Sports Marketing Ama Sm
Sports Marketing Ama SmSports Marketing Ama Sm
Sports Marketing Ama SmSean Mackay
 
Lovelock ppt chapter_01
Lovelock ppt chapter_01Lovelock ppt chapter_01
Lovelock ppt chapter_01wickedkhan
 
WS II Ch 4
WS II Ch 4WS II Ch 4
WS II Ch 4mrhennings
 
Framework for Forecasting Professional Soccer Player Career Paths
Framework for Forecasting Professional Soccer Player Career PathsFramework for Forecasting Professional Soccer Player Career Paths
Framework for Forecasting Professional Soccer Player Career PathsSoccermetrics Research LLC
 
Game Sense PP
Game Sense PPGame Sense PP
Game Sense PPjuliagatt
 
WS II Ch 5
WS II Ch 5WS II Ch 5
WS II Ch 5mrhennings
 
Innovation in the cycling industry goes well beyond the bikes
Innovation in the cycling industry goes well beyond the bikesInnovation in the cycling industry goes well beyond the bikes
Innovation in the cycling industry goes well beyond the bikesRomeu Gaspar
 
WS II Ch 6
WS II Ch 6WS II Ch 6
WS II Ch 6mrhennings
 
Survey on cultural change and sport
Survey on cultural change and sportSurvey on cultural change and sport
Survey on cultural change and sportaniturribhi
 
SportsPro SmartSeries Partner Deck
SportsPro SmartSeries Partner DeckSportsPro SmartSeries Partner Deck
SportsPro SmartSeries Partner DeckRYANHORNSPORTSPRO
 
Unit 2 The Sport Industry Environment
Unit 2  The Sport Industry EnvironmentUnit 2  The Sport Industry Environment
Unit 2 The Sport Industry Environmentmrhennings
 

Andere mochten auch (17)

Sports Studies - Sport in Action - wk12 - session 4 - Marketing
Sports Studies - Sport in Action - wk12 - session 4 - MarketingSports Studies - Sport in Action - wk12 - session 4 - Marketing
Sports Studies - Sport in Action - wk12 - session 4 - Marketing
 
Unit 4 - The Sports Product
Unit 4 - The Sports ProductUnit 4 - The Sports Product
Unit 4 - The Sports Product
 
Extended Ps Of Marketing
Extended Ps Of MarketingExtended Ps Of Marketing
Extended Ps Of Marketing
 
Unit 4 The Sport Product
Unit 4  The Sport ProductUnit 4  The Sport Product
Unit 4 The Sport Product
 
Atmospherics - Physical Evidence, The Servicescape
Atmospherics - Physical Evidence, The ServicescapeAtmospherics - Physical Evidence, The Servicescape
Atmospherics - Physical Evidence, The Servicescape
 
Module 5 product and service marketing
Module 5  product and service marketingModule 5  product and service marketing
Module 5 product and service marketing
 
Sports Marketing Ama Sm
Sports Marketing Ama SmSports Marketing Ama Sm
Sports Marketing Ama Sm
 
Lovelock ppt chapter_01
Lovelock ppt chapter_01Lovelock ppt chapter_01
Lovelock ppt chapter_01
 
WS II Ch 4
WS II Ch 4WS II Ch 4
WS II Ch 4
 
Framework for Forecasting Professional Soccer Player Career Paths
Framework for Forecasting Professional Soccer Player Career PathsFramework for Forecasting Professional Soccer Player Career Paths
Framework for Forecasting Professional Soccer Player Career Paths
 
Game Sense PP
Game Sense PPGame Sense PP
Game Sense PP
 
WS II Ch 5
WS II Ch 5WS II Ch 5
WS II Ch 5
 
Innovation in the cycling industry goes well beyond the bikes
Innovation in the cycling industry goes well beyond the bikesInnovation in the cycling industry goes well beyond the bikes
Innovation in the cycling industry goes well beyond the bikes
 
WS II Ch 6
WS II Ch 6WS II Ch 6
WS II Ch 6
 
Survey on cultural change and sport
Survey on cultural change and sportSurvey on cultural change and sport
Survey on cultural change and sport
 
SportsPro SmartSeries Partner Deck
SportsPro SmartSeries Partner DeckSportsPro SmartSeries Partner Deck
SportsPro SmartSeries Partner Deck
 
Unit 2 The Sport Industry Environment
Unit 2  The Sport Industry EnvironmentUnit 2  The Sport Industry Environment
Unit 2 The Sport Industry Environment
 

Ă„hnlich wie Sport Marketing Chapter 7 after

Marketing Mix
Marketing MixMarketing Mix
Marketing Mixswatiitft
 
Concept Of Marketing
Concept Of MarketingConcept Of Marketing
Concept Of Marketingaanchalagarwal
 
Unit1 introduction
Unit1 introductionUnit1 introduction
Unit1 introductionSubhajit Sanyal
 
Marketing
MarketingMarketing
Marketingsaiabone
 
Introduction to marketing management
Introduction to marketing managementIntroduction to marketing management
Introduction to marketing managementSagar Gadekar
 
Marketing - Product Management
Marketing - Product ManagementMarketing - Product Management
Marketing - Product ManagementSurya Prajapat
 
Marketing management - Marketing mix - Role of Marketing
Marketing management - Marketing mix - Role of Marketing Marketing management - Marketing mix - Role of Marketing
Marketing management - Marketing mix - Role of Marketing Arunagiri N
 
Marketing 1.04 fall_2012
Marketing 1.04 fall_2012Marketing 1.04 fall_2012
Marketing 1.04 fall_2012grantdeaton
 
Ch 05
Ch 05Ch 05
Ch 05vanalery
 
03 marketing mix
03 marketing mix03 marketing mix
03 marketing mixThejus Jayadev
 
Bm 4.2 Marketing Planning
Bm 4.2 Marketing PlanningBm 4.2 Marketing Planning
Bm 4.2 Marketing PlanningMr. D. .
 
Subdiciplines and Components of Marketing
Subdiciplines and Components of MarketingSubdiciplines and Components of Marketing
Subdiciplines and Components of Marketinganalyn dacillo
 
Marketing strategy meaning & significance, formulation of
Marketing strategy  meaning & significance, formulation ofMarketing strategy  meaning & significance, formulation of
Marketing strategy meaning & significance, formulation ofChandan Singh
 
Marketing - Rami Show
Marketing - Rami   ShowMarketing - Rami   Show
Marketing - Rami ShowMaram Peace
 
Marketing management ppt of mba
Marketing management ppt of  mba Marketing management ppt of  mba
Marketing management ppt of mba Babasab Patil
 
market analysis eom.pdf .
market analysis eom.pdf                    .market analysis eom.pdf                    .
market analysis eom.pdf .Athar739197
 

Ă„hnlich wie Sport Marketing Chapter 7 after (20)

Marketing mix
Marketing mixMarketing mix
Marketing mix
 
Marketing mix
Marketing mixMarketing mix
Marketing mix
 
Marketing Mix
Marketing MixMarketing Mix
Marketing Mix
 
Concept Of Marketing
Concept Of MarketingConcept Of Marketing
Concept Of Marketing
 
Unit1 introduction
Unit1 introductionUnit1 introduction
Unit1 introduction
 
Marketing
MarketingMarketing
Marketing
 
Introduction to marketing management
Introduction to marketing managementIntroduction to marketing management
Introduction to marketing management
 
Marketing mix
Marketing mixMarketing mix
Marketing mix
 
Marketing - Product Management
Marketing - Product ManagementMarketing - Product Management
Marketing - Product Management
 
Marketing management - Marketing mix - Role of Marketing
Marketing management - Marketing mix - Role of Marketing Marketing management - Marketing mix - Role of Marketing
Marketing management - Marketing mix - Role of Marketing
 
Marketing 1.04 fall_2012
Marketing 1.04 fall_2012Marketing 1.04 fall_2012
Marketing 1.04 fall_2012
 
Ch 05
Ch 05Ch 05
Ch 05
 
G0364045
G0364045G0364045
G0364045
 
03 marketing mix
03 marketing mix03 marketing mix
03 marketing mix
 
Bm 4.2 Marketing Planning
Bm 4.2 Marketing PlanningBm 4.2 Marketing Planning
Bm 4.2 Marketing Planning
 
Subdiciplines and Components of Marketing
Subdiciplines and Components of MarketingSubdiciplines and Components of Marketing
Subdiciplines and Components of Marketing
 
Marketing strategy meaning & significance, formulation of
Marketing strategy  meaning & significance, formulation ofMarketing strategy  meaning & significance, formulation of
Marketing strategy meaning & significance, formulation of
 
Marketing - Rami Show
Marketing - Rami   ShowMarketing - Rami   Show
Marketing - Rami Show
 
Marketing management ppt of mba
Marketing management ppt of  mba Marketing management ppt of  mba
Marketing management ppt of mba
 
market analysis eom.pdf .
market analysis eom.pdf                    .market analysis eom.pdf                    .
market analysis eom.pdf .
 

KĂĽrzlich hochgeladen

Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Americas Got Grants
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Doge Mining Website
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxsaniyaimamuddin
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 

KĂĽrzlich hochgeladen (20)

Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 

Sport Marketing Chapter 7 after

  • 1. Chapter 7 The Marketing Mix and the Sport Business Industry
  • 2. Company Research & Information Collection Company Mission & Goals Consumer Competitor Climate Segmentation Target Market Decisions Sport Marketing Mix Decisions & Strategies Marketing Management Strategies Implementation – Management – Evaluation – Adjustment The Sport Marketing Management Model PriceProduct Place Promotion Figure 3.3 The Sport Marketing Management Model
  • 3. Marketing Mix • The Marketing Mix is the strategic combination (mix) of four elements called the 4 P’s: Product, Price, Place, Promotion • Creation of the marketing mix involves the process of developing or discovering the right combination of the 4 P’s • At the heart of the decision-making process is the research conducted and knowledge gained about the consumer, the competition, the company, and the climate
  • 4. A changing marketplace requires: Constant monitoring of the 4 C’s •Consumer •Competitor •Company •Climate In order to maintain the right mix of the 4 P’s •Product •Place •Price •Promotion (This involves customizing the elements for a specific consumer market until the optimal mix is found.)
  • 5. The consumer is looking for: • The right product • at the right price • in the right place And the consumer will be influenced by the right promotional strategy. (see figure 7.5)
  • 6. Company Research & Information Collection Company Mission & Goals Consumer Competitor Climate Segmentation Target Market Decisions Sport Marketing Mix Decisions & Strategies Marketing Management Strategies Implementation – Management – Evaluation – Adjustment The Sport Marketing Management Model PriceProduct Place Promotion Figure 3.3 The Sport Marketing Management Model
  • 7. Company Research & Information Collection Company Mission & Goals Consumer Competitor Climate Segmentation Target Market Decisions Sport Marketing Mix Decisions & Strategies Marketing Management Strategies Implementation – Management – Evaluation – Adjustment The Sport Marketing Management Model PriceProduct Place Promotion Figure 3.3 The Sport Marketing Management Model