Kathryn MacGovern Mr. Kilpatrick S & E Marketing 3 April 2011 Chapter 4 Assignments 4.1 Assignment Pg 87 Intermission Many more people are watching sports now because people like to follow their favorite athletes. Businesses have caught on to the fact that people love to watch sports. Sporting events are the most watched entertainment on TV. Advertisers spend billions on creating commercials that will appeal to their audience. Pg 90 Intermission Companies have the products to sell; they want consumers to buy the products. The media markets and promotes the products. For example, the nightly news had a story about a new drug that will cure headaches. Stores in cities sell the products. Consumers buy and use the products that the businesses create. Pg 91 Encore 1. B 2. A 3. Women’s sports and men’s sports are considered equal out Unionville High School, but more people watch the boy’s sports. Although the school equally funds girl’s and boy’s sports, marketing would help raise the attendance at women’s sports. 4. Although my family lives in Pennsylvania, my dad still loves the Washington Redskins because he grew up in Washington D.C. Despite other work or family plans, my dad always watches the Redskins games. The president of my dad’s company is a hard core golf fanatic. He plans company meetings, conferences, and seminars around golf tournaments. 4.2 Assignment Pg 94 Intermission Companies who sponsor athletes and teams hope to receive a profit from their investment. When swimmers see that Michael Phelps wears Speedo ( a company that sponsors him) they want to compete as fast as Phelps. Consequently, they will buy Speedo gear in the hopes that it will make them faster. Sponsors love when consumers think this way because this means they will make a profit. “Niche marketing involves researching a target market to determine the specific items or services a small group of people will buy.” Pg 96 Intermission When a tobacco company sponsors an athlete, fans think that it is “cool” to smoke. Tobacco companies breed thousands of smokers who damage their heath by sponsoring athletes. Pg 97 Encore 1. D 2. D 3. Option for sponsorship packages: a. Option 1: We will pay 400 dollars for to finance the team, but in return our logo must appear on the back of all of the track jackets. b. Option 2: We will pay for all of the team’s uniforms, but in return our logo must appear on signs surrounding the track. c. Option 3: We will give the team 200 dollars, but in return an advertisement for our company must appear in every track program for the season. 4. One could advertise a sale on oil changes or tires because racing fans are probably concerned about their cars. One could also advertise chips and beer, typical food and beverages for the age group. The auto race park also would be an appropriate place to advertise a new nightclub because 25-30 years olds are likely to be the market for a club. 4.3 Assignment Pg 100 Intermission Promotion is publicizing or advertising a product, service, or event without actually selling it. Promotion is just information about a product. Advertisements and targeting new markets both increase sales. Pg 101 Intermission The elements of a promotional plan are personal selling, advertising, publicity, and sales promotion. Pg 102 Encore 1. A 2. D 3. Comcast Sports Net sponsored the Phillies 2011 program; therefore their name appeared on the program. Comcast is trying to appeal to fans. They hope that fans will choose Comcast to view the games at home. The same type of situation happens with other teams and sports besides the Phillies. 4. At college night, lots of representatives from schools to publicize and advertize their schools. One approached me from Ursinus School. He engaged in a face-to-face advertising strategy. He gave me a few flyers and handouts about the school’s demographics and figures. He also told me reasons why Ursinus is a superior school. The one-on-one experience was very personal, but I was not extremely impressed. It would have helped to have better visuals, such as a PowerPoint presentation. 4.4 Assignment Pg 104 Intermission Some celebrity endorsements include: Regis and Kelly—TD Bank Marcia Cross—Motts Applesauce Drew Barrymore—Covergirl Cosmetics Michelle Wie—Sony Tiger Woods—Gatorade Michael Jordan—Nike Maria Sharapova—Cannon Pg 106 Intermission The pros of a celebrity endorsement are that all of the fans will gravitate towards the product. They see that a particular player wears certain gear and hope to perform as well as that athlete; therefore, they will buy the endorsed product. The negative aspect of celebrity endorsement is if the endorsed athlete performs poorly or gets into trouble, the product sales were suffer. Pg 107 Encore 1. D 2. C 3. I would ask Shaun White to endorse my new Extreme Winter Sports Shop. I would also ask Lindsey Vonn to endorse the shop. Both athletes are very popular winter sports teams and have a huge following, which would positively reflect on my store. The negatives of this decision are that if either athlete gets into trouble, my store will suffer. Also, in 2007 White got into a bit of trouble, which could affect sales. Another negative could be competition between brands. In Vonn endorses North Face, she can not be seen in a Columbia jacket, even if my store sells both brands.