Chapter 2 Marketing College Athletics Lesson 2.1 INDUSTRY SIZE--$212.53B Major Components (Billions) TRAVEL 30 ADVERTISING 25 EQUIPMENT 20 TICKET SALES, PARKING, CONCESSION 15 TEAM OPERATION GAMBLING 10 SPONSORSHIPS 5 MEDICAL 0 COMPONENTS FACILITY CONSTRUCTION Categories of Sports • • • • Amateur High school College (collegiate) Professional Amateur sports • A person who doesn't get paid to play. • They attract fans( spectators), attention & money Collegiate Sports • Have a strong impact on the community • Very popular extremely competitive for many as competitive as professional Rules and Ranking • NCAA- National Collegiate Athletic Association •Is a voluntary organization through which the nation's colleges and universities govern their athletics programs. Govern competition in a fair, safe, equitable and sportsmanlike manner Main Purpose • Vote on rules called bylaws. • Establish programs to govern, promote intercollegiate athletics. • Govern competition in a fair, safe, equitable and sportsmanlike manner, • Integrate intercollegiate athletics into higher education • Obtain accreditation by accrediting agency • Offer four sports for men and four for women. • Comply with NCAA • Cooperate with NCAA regulations& accept penalties Market Segmentation • Segment- group of people within a larger market that share one or more characteristics Basketball Basketball Professional Professional Houston Rockets College College University of University of Kentuck Kentucky Geographic segmentation Demographic segmentation psychographics Elements Of Segmentation Product usage Benefits derived Segment meanings • Geographic- divisions of physical locations – (north, south, east, west) • Demographics- income, profession gender and educations • Psychographics- attitude and lifestyle toward a choice. • Product Benefit- usage of the product and benefits received from it Women's college sports • New marketing opportunities – Soccer shoes – Basketball – Golf clubs – State of art bats – Racing bikes Chapter 2 Marketing college Athletics Lesson 2.2 Economic Benefits Benefits to the Community • Good for Town Business –Builds up hotels, restaurants, shopping malls, gas stations and souvenir shops • Good for Stadium Business –Souvenir shops and food and beverage vendors • The promotion of a company in association with a property. • A company gives money to fund a project More sponsoring • Selling Stadium Rights. Sponsor pays for having the stadium name after the business. Sponsorship • Generating revenue for the college program. • Corporations benefits by selling their produce during sporting events. – Hoping that the fans who like the team purchase brands worn by team •Corporations team up with the prospect of sells • Adidas is going to be releasing college team editions of the Adidas T-Mac 6 License- Legal right to reproduce and sell items with the teams logo Chapter 2 Amateur Sports Lesson 2.3 Marketing & Selling • Amateur athletes need equipment, uniforms, shoes, lawn chairs, stadium seats, and coolers. – Who Benefits: • Malls hotels • Restaurants • Gas stations