MARKETING COLLEGE ATHLETICS Chapter 2: Lesson 1 AT THE BELL Create a list of the 2021 NCAA National Champions for the following sports: Football Men’s Basketball Softball EFFECTS OF COLLEGIATE SPORTS Economic Impact School University products and services Community Hotels, gas stations, shopping malls, etc. Region Media attention State Promotion Communication Ticket sales Luxury Stadium Suites Marketing Schedule cards Posters Sports guides for sale Apparel and other with team logo Web sites RULES AND RANKINGS NCAA National Collegiate Athletic Association Governing body of most college and university athletic programs. Creates and enforces guidelines and rules that schools must follow in order to remain in good standing. Recruitment Gender equity Scholarships Gambling prohibitions Other ethical issues NCAA Video NCAA OVERALL GOAL Promotion of college athletics, with a focus on the integrity of the athletes and their game. FOUR CONDITIONS TO JOIN THE NCAA Obtains accreditation Offers at least four intercollegiate sports for both men and women (one in each season) Complies with all NCAA rules Cooperates with the NCAA enforcement program – accepting penalties imposed by that program COLLEGE TEAM RANKINGS Based on past team performance, talent, team schedules, and personal preference. WHY SO MUCH EMPHASIS? Excellent promotion Builds excitement Strong attendance at games Fan loyalty National Respect Influences major TV networks = More revenue Fewer steps to number #1 SPOT A NATIONAL CHAMPIONSHIP GAME LEADS TO GREAT FINANCIAL GAINS FOR THE BOWL AND MANY OTHER BUSINESSES IN THE HOST CITY. #1 HAS LINGERING EFFECTS Favorable national recognition Increased potential for recruitment of top school athletes Retailers increase sales TIME OUT The $36-million University of Nebraska stadium expansion completed in 1999 added 42 luxury suites with 39 available to the public. Ten of the suites were sold for $2 million each for a 25-year commitment. The other were sold for 10-year periods for a total cost of $750,000. NCAA CORPORATE SPONSORS AT&T Invesco Aflac LG Buffalo Wild Wings Buick Capital One Coca-Cola Geico Great Clips Marriott Nabisco Nissan Pizza Hut Reese’s Wendy’s Support intercollegiate athletics financially Provide business and financial expertise Advertising dollars support NCAA tournaments/programs for young people CORPORATE SPONSORSHIP ACTIVITY MARKET SEGMENTATION a group of individuals within a larger market that share one or more characteristics GEOGRAPHIC SEGMENTATION Dividing markets into physical locations, such as: Eastern Western Southern Northern Urban Rural DEMOGRAPHIC SEGMENTATION Information that can be measured, such as: Income Profession Gender Education PSYCHOGRAPHICS Characteristics that cannot be measured such as: Attitudes Beliefs Lifestyle Choices PRODUCT USAGE What products you use, how often you use them, and why you use them. BENEFITS DERIVED The value people believe they will receive from using a product or a service.