Lesson 2.3 Sports ARE Entertainment Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Sports ARE Entertainment! Sports are a form of entertainment Entertainment may be presented in the form of sports Watching a Broadway show Listening to music on an mp3 player Watching a movie Watching a football game Playing a game of soccer Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Technology’s Impact on SEM Sports ARE Entertainment “I believe sports is entertainment. I know there’s athletic excellence. But when I watch a game-let’s say I’m watching Charles (Barkley’s) show on (TNT)-it’s not just for the athletic excellence. Every piece of information is available in that telecast: scores, highlights, standings, analysis-0-right? I watch it because it’s entertaining. It’s about being entertained. It’s about being consumed. You’re a consumer, and you’re consumed by the entertainment, you’re engaged by the entertainment.” - PETER GUBER Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Technology’s Impact on SEM Sports ARE Entertainment ESPN broadcasts a number of events such as the national spelling bee and a hot dog eating contest. Because ESPN is the broadcaster, would you define those events as sports or entertainment? Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Differentiating Between Sports & Entertainment Unscripted: Sports are “unscripted” Copyright Consumers of sports do not know the outcome of the event in which they are participating © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Differentiating Between Sports & Entertainment Sports entertainment relies heavily on emotion Copyright Consumers of sports products have an emotional investment or interest in the outcome of the event (winning vs. losing, close games vs. “blow outs”) © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Differentiating Between Sports & Entertainment Customer Loyalty: Sports expose differences in customer loyalty Copyright A customer decision to become a repeat consumer of a particular product or brand © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Integrating Sports with Entertainment Super Bowl Half-Time Shows Major League Baseball / HBO’s ‘Game of Thrones’ ESPN’s ESPY Awards Gorillaz new album / Converse Pacers / Indy 500 promo Copyright Cross Promotion: The convergence of two entertainment properties working together to market products or services © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Integrating Sports with Entertainment Cross promotion can be an effective sales and branding tool for all parties involved In 2014, ESPN also collaborated in cross promotional campaigns with the History channel to promote two hit shows, “American Pickers” and “Vikings” (the cross promo helped ESPN build awareness when they rolled out a brand new SportsCenter set) Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Integrating Sports with Entertainment Cross promotion can be an effective sales and branding tool for all parties involved Variety.com reports that a significant factor in ESPN’s successful launch of its Chicago-based website on all things Windy City was cross promotion, suggesting the cable company used “plenty of cross-promotion as a way to attract listeners to the site” Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Integrating Sports with Entertainment It took just six months for ESPNChicago to become the city’s top sports site, attracting about 590,000 unique visitors in the month of June alone while the city’s historic newspaper company’s (Chicago Tribune) online sports section drew just 455,000 unique visitors Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Integrating Sports with Entertainment 20th Century Fox engaged in several cross promotional efforts, including a tie-in with TNT and the NBA playoffs and an advertising campaign with Farmers insurance, to promote the release of the film "X-Men: First Class”, yet the film was largely underwhelming at the box office, yielding around $36 million less in its opening weekend than 3 of the other 4 installments of the film’s franchise (the third film, “X-Men”, did just as poorly) Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Integrating Sports with Entertainment A badly botched a Spider-Man 2 promotion in which MLB had planned to feature the Spider-Man logo on each base during the All-Star Game provides a cautionary tale to marketers considering cross promotional strategies. The league received such opposition from fans and baseball purists that the promo was eventually pulled. + = Copyright © 2014 by Sports Career Consulting, LLC LESSON 2.3 REVIEW (ANSWERS) What is SEM? 1) Compare and contrast sports marketing and entertainment marketing Sports are entertainment but several key differences separate the two: sports are unscripted, sports customers are extremely loyal and an emotional attachment is very prevalent in sports Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.3 Blank Slide Available for Teacher Edits Copyright © 2014 by Sports Career Consulting, LLC