Lesson Plan Course Title: Sports and Entertainment Marketing Session Title: The Marketing Research Process Performance Objective: After completing this lesson, the student will list and describe the steps involved in marketing research and explain the human factors associated with marketing research. Specific Objectives: • • • • • • • • The student will define market research. The student will list the steps for marketing research. The student will explain exploratory, desk, descriptive, and causal research. The student will describe a market sample. The student will give examples of price points. The student will explain the effect that the human factor has on research. The student will define ethical research. The student will explain the need for marketers to expand their knowledge of the cultures of potential new customers. TERMS • • • • • • • Market research-information is gathered that is very specifically focused on a single target market Exploratory research-conducted when a business is unaware of the exact problem Desk research-when reports of other completed research are used to help define the problem Descriptive research-used when the business is aware of the problem that needs to be solved Causal research-used to determine cause-and-effect relationships when the problem is already clearly defined Sample-a small number representative of the large group, contacted during the datacollection phase Price points-range of prices charged for a category of merchandise Copyright © Texas Education Agency 2011. All rights reserved. 1 Preparation TEKS Correlations: This lesson, as published, correlates to the following TEKS. Any changes/alterations to the activities may result in the elimination of any or all of the TEKS listed. 130.346 (c)(7)(A) …explain characteristics and purposes of a marketing-information system… 130.346 (c)(7)(B) …identify benefits and limitations of marketing research… 130.346 (c)(7)(D) …analyze data used to make accurate forecasts… 130.346 (c)(14)(B) …distinguish among sports and entertainment marketing terms… Interdisciplinary Correlations: English: 110.31 (b)(21)(B) … organize information gathered from multiple sources to create a variety of graphics and forms (e.g., notes, learning logs)… 110.31 (b)(22)(B) …evaluate the relevance of information to the topic and determine the reliability, validity, and accuracy of sources (including Internet sources) by examining their authority and objectivity… 110.31 (b)(23)(C) … uses graphics and illustrations to help explain concepts where appropriate… 110.31 (b)(23)(D) … uses a variety of evaluative tools (e.g., self-made rubrics, peer reviews, teacher and expert evaluations) to examine the quality of the research… Teacher Preparation: Teacher will review the terms in the outline, PowerPoint slides and handouts to become familiar with lesson. Teacher should locate and evaluate various resources and websites before the lesson. Copyright © Texas Education Agency 2011. All rights reserved. 2 Teacher will have assignments and website information ready to distribute to students. References: Sports Business Journal Sports Illustrated Advertising Age Instructional Aids: 1. Display for PowerPoint, websites for assignments and class discussion 2. Sports and Entertainment Marketing, 3rd edition, Kaser & Oelkers, South-Western Cengage Learning: Sports and Entertainment Management, Kaser & Brooks, SouthWestern Cengage Learning. 3. Advertising Age 4. USA Today 5. Sports Illustrated 6. “The Gallup Organization” website Materials Needed: 1. Printer paper 2. Assignments and website information ready to distribute to students. (Gallup PowerPoint/Survey Project) Direction Sheet 2. Sports Business Journal and Entertainment Industry Economics: A Guide for Financial Success 3. Internet access to Hulu videos Student projects will be displayed to increase interest in Sports and Entertainment Marketing. Equipment Needed: 1. Computer with PowerPoint and Internet Access 2. Projector to Show Internet Sites Undercover Boss Episodes 3. Computers for Students to Conduct Research and Collect Data for Projects Learner Preparation: Tell students to go to “The Gallup Organization” and select a current topic that the company has researched. Write a short summary about what the research results are saying. Ask students to survey 10 of their friends to determine where they like to eat. Then explain how this simple form of research helps restaurants to understand the demographics of their customers. Copyright © Texas Education Agency 2011. All rights reserved. 3 Introduction Introduction (LSI Quadrant I): SHOW: Show students pictures of college football stadiums that seat more than 100,000 people. ASK: Ask students how universities determine that they can financially spend millions of dollars to expand the size of stadiums. SAY: Explain how major financial decisions are based upon market research. The university will survey season ticket holders and individuals waiting for the opportunity to purchases season tickets to see if the stadium expansion is a sound financial decision. ASK: Ask students to give an example of a professional athletic team that has moved to a different city. SAY: Explain how the professional team’s market research team conducts research to determine financial advantages for moving the location of the team. Information must be acquired from potential customers at the new location. ASK: Ask students to describe a strategy to improve homecoming or prom festivities. SAY: Explain how conducting research with the juniors and seniors at the school can provide the insight to improve homecoming or prom. ASK: Ask students to think of all the restaurants located in the food court at a shopping mall. SAY: Explain how all of the restaurants are in competition. Market research will allow the individual restaurants to offer the most popular food items at prices that the target market is willing to pay. Outline Outline (LSI Quadrant II): Instructors can use the PowerPoint presentation, slides, handouts, and note pages in conjunction with the following outline. MI Outline Notes to Instructor Copyright © Texas Education Agency 2011. All rights reserved. 4 I. The Marketing Research Process A. Market Research—when information is gathered that is very specifically focused on a single target market B. Steps in Marketing Research 1. discover and define the problem 2. analyze current conditions 3. develop the process for data collection 4. collect the data 5. analyze and report the data 6. determine a solution to the problem 7. implement and evaluate the results Use PowerPoint and current events as aids. II. Step 1: Discover and Define the Problem A. Exploratory Research-conducted when a business is unaware of the exact problem (A television network conducts research to determine why fewer people are watching a particular show.) B. Desk Research-where reports of other completed research are used to help define the problem C. Descriptive Research-is used when the business is aware of the problem that needs to be solved (If a group wants to start a new professional soccer team, it needs to know if there will be a sufficient fan base to support the team.) D. Causal Research-used to determine cause-andeffect relationships when the problem is already clearly defined (When the sports team’s marketing department does not know which of two team logos and colors will motivate fans to buy more team merchandise, research can help determine the effect of each alternative.) Use PowerPoint as aid. Marketing research is used to make betterinformed decisions. Politicians use marketing research to determine how popular they are with the voters. The world of sports and entertainment marketing uses marketing research to determine whether to build new facilities, increase ticket prices, rank teams, and find out the overall public opinion. Different types of research are used for different situations. Exploratory research is used when you don’t understand the exact problem. A college team’s attendance at home games has dropped by 10% even though the team is winning. Exploratory research is used to gain an understanding of the declining attendance. Desk research involves looking at the research conducted by other organizations that were facing similar Copyright © Texas Education Agency 2011. All rights reserved. 5 challenges. Descriptive research is used when a company knows the problem or challenge and is looking for a solution. A city wants a new entertainment venue. Now they must determine if the public is ready to spend $32 million. Causal research is used to determine fan reaction when ticket prices are increased by 20%. III. Step 2: Analyze Current Conditions A. Look at Sales Volume B. Analyze Customer Data to Understand Current Conditions Use PowerPoint as aid. IV. Step 3: Develop the Process for Data Collection A. Observation B. Conducting a Survey C. Personal Interviews with Customers Use PowerPoint as aid. Research involves looking at the current conditions that will influence consumer behavior. A bad economy, high unemployment, and uncertainty will certainly influence purchasing decisions. Organizations must determine the most efficient means for collecting data. The Copyright © Texas Education Agency 2011. All rights reserved. 6 information that is collected must also be accurate. V. Step 4: Collect the Data A. Use E-mail to Contact Season Ticket Holders B. Survey a Sample-a small number representative of the large group Use PowerPoint as aid. VI. Step 5: Analyze and Report the Data A. Electronically Compile Responses B. Look for Patterns in the Data C. Draw Conclusions Based on the Patterns D. Track Sales E. Determine Price Points-the range of prices charged for a category of merchandise F. Spreadsheets and Database Software-help sort thousands of bits of data and make sense of the data G. Charts and Graphs-visual representation of results Use PowerPoint as aid. Most surveys involve a sample audience. A sample should be a good representation of the people who will vote, participate, and support a cause. Once data is collected, it must be defined. Businesses want to determine price points or the dollar amounts that consumers are willing to pay for different categories of merchandise. The price point for sitting in a suite at a football game will be much higher than the price of a seat in the end zone. Copyright © Texas Education Agency 2011. All rights reserved. 7 VII. Step 6: Determine a Solution to the Problem A. Based on Conclusions from the Data B. Make Recommendations VIII. Step 7: Implement and Evaluate the Results A. Concerns Might Be Uncovered B. Companies Implement the Changes-to determine whether they actually result in an effective solution to the problem IX. The Human Factor of Marketing Research A. Research Sophistication 1. gut feeling and intuition 2. research is valued and actively used to make decisions 3. decisions based on sound information B. Reducing Conflict 1. research results may indicate the need for change 2. managers should not “shoot the messenger” 3. research that indicates unhappy customerspresents opportunities for departments to work together for the best solution C. Ethical Research 1. report information accurately and objectively 2. biased research is inaccurate research 3. obligation to protect the privacy of individuals who provide information for research 4. confidentiality-the researcher has an obligation to not reveal the specific identities of the respondents 5. FTC makes it illegal for researchers to pretend they are conducting research when they are actually disguising a sales tactic Use PowerPoint as aid. When the results of research indicate that there is great interest for more stadium seats, organizations will pursue bond issues and other financial strategies to increase the size of the stadium. Use PowerPoint as aid. Research may or may not produce the results that a company wants to hear. The research might uncover concerns of potential fans or customers. Use PowerPoint as aid. Humans often follow their gut feeling which sometimes is not an accurate indicator. Research results may be discouraging for the marketing or sales departments. Individuals must be willing to make the necessary changes indicated by research results. Biases or leading questions will not result in accurate research findings. Respondents to surveys must have confidentiality. Copyright © Texas Education Agency 2011. All rights reserved. 8 X. What’s in it for Me? A. Coupons-discount on a meal for answering a survey B. Free Movie Ticket-for responding to the movie survey XI. Worldwide Data A. Global Market-growing for sports, entertainment, and recreation B. Billions of People-in more than 200 countries watched or listened to the 2006 FIFA World Cup matches C. Export Sports and Entertainment Programming D. Must Be Sensitive to Different Cultures Verbal Linguistic Logical Mathematical Visual Spatial Musical Rhythmic Bodily Kinesthetic Intrapersonal Use PowerPoint as aid. Many people are turned off by telephone research or filling out surveys. Incentives are provided to encourage people to participate in the research or surveys. Use PowerPoint as aid. The global market potential for sports and entertainment is huge. Research must be conducted to determine the best alternatives for expansion in the global market. Interpersonal Naturalist Existentialist Application Guided Practice (LSI Quadrant III): Show students pictures of different brands of automobiles. Then ask students to rank the brands according to their preference. Ask students to list characteristics of each brand and then summarize the student’s results. Then explain how you have conducted a simple form of research. Copyright © Texas Education Agency 2011. All rights reserved. 9 Independent Practice (LSI Quadrant III): Survey Says…Gallup PowerPoint/Survey Project (2 students per team) Ask students to use the Internet to research “The Gallup Organization.” Students select one current topic researched by The Gallup Organization and prepare a PowerPoint that explains The Gallup Organization and their research findings for a current topic. Then ask students to develop five survey questions (cannot be leading questions) to ask fellow students regarding the school cafeteria food. After the teacher makes sure the questions are not leading, students will survey 30 students and calculate their results of the survey. This project will be evaluated using the assigned rubric. Summary Review (LSI Quadrants I and IV): Question: Why would a television network use exploratory research to determine low television audience for a new program? Question: What are some reasons for potential conflict between sales managers and marketing research managers? Question: What is a market sample? Question: Why would a university use causal research to determine low merchandise sales? Question: What kind of research should be used if a radio station wants to determine the potential demand for tickets to an outdoor country music concert? Evaluation Informal Assessment (LSI Quadrant III): Instructor should observe the work ethic of individuals involved in the endorsement activity. All students are required to contribute to the three-part independent practice activity. Formal Assessment (LSI Quadrant III, IV): Students will be evaluated on their “Gallup PowerPoint/Survey Project” by using the assigned Copyright © Texas Education Agency 2011. All rights reserved. 10 rubric. Extension Extension/Enrichment (LSI Quadrant IV): Buying a New Car Research Student Directions 1. Conduct research to determine the best new car to buy. 2. Go to Edmunds.com and Consumer Reports to compare/contrast three new automobiles in the same price range. 3. Prepare a chart that shows the characteristics for each of the three cars and includes the information acquired from your research. Then write a paragraph to explain which car you would purchase and why. Copyright © Texas Education Agency 2011. All rights reserved. 11 Sports and Entertainment Marketing Student Directions Independent Practice (LSI Quadrant III): Survey Says…Gallup PowerPoint/Survey Project (2 students per team) 1. Use the Internet to research “The Gallup Organization.” Select one current topic researched by The Gallup Organization and prepare a PowerPoint that explains The Gallup Organization and their research findings for a current topic. 2. Develop five survey questions (cannot be leading questions) to ask students regarding the school cafeteria food. After the teacher makes sure the questions are not leading, students will survey 30 students and calculate their results of the survey. This project will be evaluated using the assigned rubric. Copyright © Texas Education Agency 2011. All rights reserved. 12 Survey Says…Gallup PowerPoint/Survey Project CATEGORY 20 15 10 5 Quality of Work Provides work of the Provides high highest quality. quality work. Provides work that occasionally needs to be checked/redone by other group members to ensure quality. Provides work that usually needs to be checked/redone by others to ensure quality. Focus on the task Consistently stays focused on the task and what needs to be done. Very selfdirected. Focuses on the task and what needs to be done most of the time. Other group members can count on this person. Focuses on the task and what needs to be done some of the time. Other group members must sometimes nag, prod, and remind to keep this person ontask. Rarely focuses on the task and what needs to be done. Lets others do the work. Contributions Routinely provides useful ideas when participating in the group and in classroom discussion. A definite leader who contributes a lot of effort. Usually provides useful ideas when participating in the group and in classroom discussion. A strong group member who tries hard! Sometimes provides useful ideas when participating in the group and in classroom discussion. A satisfactory group member who does what is required. Rarely provides useful ideas when participating in the group and in classroom discussion. May refuse to participate. Preparedness Brings needed materials to class and is always ready to work. Almost always brings needed materials to class and is ready to work. Almost always brings Often forgets needed needed materials but materials or is rarely sometimes needs to ready to get to work. settle down and get to work Pride Work reflects this student's best efforts. Work reflects a strong effort from this student. Work reflects some effort from this student. Work reflects very little effort on the part of this student. Total Points Earned ________ Copyright © Texas Education Agency 2011. All rights reserved. 13 Extension/Enrichment (LSI Quadrant IV): Buying a New Car Research Rubric 20 15 10 Presentation Well-rehearsed with smooth delivery that holds audience attention. Rehearsed with fairly smooth delivery that holds audience attention most of the time. Delivery not smooth, Delivery not smooth but able to maintain and audience interest of the attention often lost. audience most of the time. Attractiveness Makes excellent use of font, color, graphics, effects, etc. to enhance the presentation. Makes good use of font, color, graphics, effects, etc. to enhance to presentation. Makes use of font, color, graphics, effects, etc. but occasionally these detract from the presentation content. Use of font, color, graphics, effects etc. but these often distract from the presentation content. Content Covers topic indepth with details and examples. Subject knowledge is excellent. Includes essential knowledge about the topic. Subject knowledge appears to be good. Includes essential information about the topic but there are 1-2 factual errors. Content is minimal OR there are several factual errors. Organization Content is well organized using headings or bulleted lists to group related material. Uses headings or bulleted lists to organize, but the overall organization of topics appears flawed. Content is logically organized for the most part. There was no clear or logical organizational structure, just lots of facts. Sources Source information collected for all graphics, facts and quotes. All documented in desired format. Source information collected for all graphics, facts and quotes. Most documented in desired format. Source information collected for graphics, facts and quotes, but not documented in desired format. Very little or no source information was collected CATEGORY 5 Total Points Earned ________ Copyright © Texas Education Agency 2011. All rights reserved. 14