Goods – tangible products
The process of
developing, promoting,
distributing and selling
goods and services to
satisfy customers’
needs and wants
Services – Intangible products
2
The idea that a
business should
strive to satisfy
customers’ needs
and wants while
generating a profit
Sports marketing is using sports to
market related and unrelated products.
NIKE Jordans
Hanes
4
Nike logo on
college jerseys!
Sports Logos on Clothing
New sports, new opportunities
Soccer popular during World Cup time
Lacrosse growing every year
Timing
New apparel coming out in preparation for the upcoming season!
5
Using entertainment to
sell related and unrelated
products
Influencing how people
choose to use their time
and money for the
purpose of entertainment
Using recreation (hobbies, travel,
tourism, etc.) to sell related and
unrelated products
Examples
Camping
Running
Amateur Sports
What Moves You?
7
A specific
group of
people that a
business wants to
reach with their
goods or services
8
Geographics – where people live
Demographics – personal characteristics
Psychographics – lifestyle (attitudes/values)
Product Benefits – consumer wants and needs
9
Characteristic of the market you are trying to reach
•Age
•Marital Status
•Gender
•Kids or no kids
•Ethnicity
•Location
•Occupation
•Income level
•Lifestyle
10
The 5 P’s of Marketing
People
Product
Price
Promotion
Place
11
Product – what is the product – (name, packaging)
People – the target market
Price – what customers are willing and able to pay
Place – where is it sold and how it gets there
Promotion – how is the product marketed
12