Sports Marketing The Event Triangle Sponsorship Competencies 100
- Slides: 22
Sports Marketing The Event Triangle Sponsorship Competencies 100 -107
Event Triangle • The model for studying the exchanges developed in Sports Marketing is formatted as an Event Triangle. • The Event Triangle emphasizes the relationships between producers and consumers in the sports marketing model.
Components of the Event Triangle Participants The Event Triangle Fan “Spectator” Sponso r
The “Event” • The Event is the sporting or entertainment event which will draw participants, spectators and sponsors • The Event can be amateur or professional • The Event may provide entertainment • The Event may provide an opportunity for exposure for sponsors
Examples of Events • • Superbowl Olympics NCAA “March Madness” World Series The Stanley Cup Championship VHSL Lacrosse Championships Homecoming Game & Dance
The “Sponsor” • The Sponsor can use the Event to reach important consumers for the company • The Sponsors can utilize the draw of the Event to market its products or services • The Sponsor can leverage its relationship to further business opportunities
The “Fan” (Spectator) • The Fan typically attends the Event as a source of entertainment • The Fan usually pays to attend the Event • The Fan may be exposed to promotions for the event and event sponsors
The Fan’s Role in Sports • Fan = “Fanatic” – Someone who is interested, involved and engaged in the event. • Football, Basketball, Baseball, Golf – Fan is the reason for Sports Marketing • The power behind success of sports • The economic force • SHAPES the game with attention
Event Management • Event Management beyond Sports – Hospitality Management • Sports Broadcaster Career Exploration
Exchanges in the Triangle 1 • Event Spectator Exchanges – Fan: money – Event: entertainment, merchandise, … ex ch an ge EVENT FAN SPONSOR
Exchanges in the Triangle 2 • Event Sponsor Exchanges – Sponsor: money, products, services, … – Event: exposure, promotion, sales opportunities EVENT ge an ch ex FAN SPONSOR
Exchanges in the Triangle 3 • Sponsor Fan Exchanges – Fan: money – Sponsor: products or services EVENT FAN SPONSOR exchange
Event Marketing Concerns • Draw • Promotion • Sales Opportunities • Ambush Tactics
Effects of Media Broadcasting on the Event Triangle • Expansion of the target market • Expansion of marketing opportunities • Expansion of distribution & consumption of the event – Examples: Cable, Satellite, Pay-Per-View
Effects of Social Media on the Event Triangle • Social media isn’t about technology, it’s about fans • Build online fan communities to allow them to connect with one another, and in turn – to the team • Leverage community numbers to make money through e-commerce • Sponsorship opportunities present themselves by increasing visits to team sites
Videos: • History of College Game. Day Signs • https: //twitter. co m/College. Game Day/status/1062 3521341701242 88 • College Game. Day Song • • Lee Corso Kirk Herbstreit Desmond Howard Chris Fowler Rece Davis Maria Taylor David Pollock
Participants Fan “Spectator” Sponso r
Videos: • College Game. Day Song • • Lee Corso Kirk Herbstreit Desmond Howard Chris Fowler Rece Davis Maria Taylor David Pollock
Make Your Own Game. Day Sign • • Your Sign should reflect your style. Be creative Create a school appropriate message The Goal of your Sign would be to have it displayed on TV during the ESPN Game Day broadcast. We will create our own Game Day broadcast in class. • Participants: Choose a Game Day Game- 10 points – Research the teams. Use the poster paper supplied in class. Bring any embellishments from home to design your creative message. • Fans: 10 points - Use pictures and colors that reflect the Game Day Game. Brainstorm/research school chants or cheers that can be used in your message. Things to consider: Location, Mascots, School Colors, Coaches • Sponsors: 10 points -Include one of the Game Day sponsors in the corner of your Sign. Make your own pattern. Create a style that is visually appealing and functional for readability and display purposes.
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