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Maynard

How am I influenced?
Promotion Planning
 Event marketing - All activities associated with the
  sale distribution and promotion of sports event
 Promotion of the event by the league or event
  committee - Helps to create interest and ticket sales
  as well as draw an audience of radio listeners and
  television viewers
 Winning teams and popular events that attract a
  large number of people - Can charge more for
  sponsorships and licensing agreements
 Percentage of sales - Sports organizations may use a
  set percentage or portion of last year sales or the
  coming year sales to decide on the funds for the
  promotional budget
 Competitive parity - A company looks for industry
  trends on how much to spend
 Objective and task management - Companies that
  objectives for the promotion and decide what
  promotional activities are necessary to reach those
  objectives
Promotion
 Promotion is - Any form of communication that a
  business or organization uses to inform or persuade
  people to buy its products
 Market research shows that - The average person is
  exposed to more than 2000 advertisements in a week
 Each article of clothing is considered - An
  advertisement because it displays the company's name
 A 1-page print advertisement can cost - As much
  as $80,000
 When publicity is negative - the organization that
  provides the product needs to change the negative to
  positive as quickly as possible
 For example - when a product is considered
  dangerous for you such as a toy, the problem must be
  solved or the product must be recalled and fixed
 In entertainment marketing when a motion
  picture is reviewed by industry critics on TV - The
  review is considered publicity because the name and
  the content of the motion picture are being presented
  in a promotional format to inform the public
Promoting Entertainment
 When music albums, motion pictures and TV
  shows win awards - There is often an increase in
  sales from the positive publicity
 In entertainment marketing for example, when a
  person calls Ticketmaster to order concert tickets
  - The salesperson may try to increase the quality of
  tickets as well as the cost of the ticket so that the
  company makes more money and the customer has a
  more enjoyable experience
Variety of Promotions
 Media advertisement - Any form of advertising that
  uses media such as television and radio the Internet
  newspapers or magazines to promote
 For example, the film Finding Nemo was promoted
  using a tie-in with McDonald's happy meal - Which
  helped to increase awareness and sales of both products
 The backside of the ticket - may offer discounts at the
  concession stand where food and drinks are sold
 Product placement is - The locating and negotiating
  a prominent placements for a company's product or
  name as a prop in media such as film TV radio or video
  games
 Critics of product placement may say - That the
  practice contributes to over commercialization and
  detracts from the entertainment
 Others might argue - That good product placement
  lens to realism in films and TV shows
 It is important to consider the variety of diverse
  markets - That might be interested in a product
 For example, Tommy Hilfiger discovered - All
  marketing efforts to appeal to upper income Caucasian
  men were unsuccessful African-Americans were
  becoming the largest buyers of this product line
PROMOTION
 Promotional mix – advertising, publicity, personal
  selling, sales promotion

     Promotional       Promotional            Ex.
      Objectives          Goals
         inform      increase customer     new Ipad
                         awareness
       persuade        Increase sales      3 day sale
        remind        Increase market    happy GAP ad
                           share
Media Criteria
 Credibility - Perception of media by market
 Cost– Unit cost –per one message, absolute cost –for entire
    project
   Lead Time - Amt of time to notify media prior to posting
    message
   Lifetime - Amt of time message lasts
   Attention grabbing/appeals to senses - With in first 3 secs –
    or else change channel, flip page
   Environmental issues - Recyclable, reusable
 Flexibility - Use for many types of products
 Frequency - # of times 1 person in target market gets
  the message
 Reach - # of people who get the message at least 1 time
 Reproducibility - Ability to use the same message
  again
 Selectivity - Ability to choose a distinct target market
  to hear message
Types of Media:
 Print:             Internet
   Newspaper          Banner
   Magazine           Keyword
   Yellow Pages       Interstitial
                       Webcasting/email
 Broadcast
   Radio            Other
   Television         Direct mail
                       Gifts
                       Outdoor signs
                       Corporate sponsorships

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Sports promotion terms

  • 1. Maynard How am I influenced?
  • 2. Promotion Planning  Event marketing - All activities associated with the sale distribution and promotion of sports event  Promotion of the event by the league or event committee - Helps to create interest and ticket sales as well as draw an audience of radio listeners and television viewers  Winning teams and popular events that attract a large number of people - Can charge more for sponsorships and licensing agreements
  • 3.  Percentage of sales - Sports organizations may use a set percentage or portion of last year sales or the coming year sales to decide on the funds for the promotional budget  Competitive parity - A company looks for industry trends on how much to spend  Objective and task management - Companies that objectives for the promotion and decide what promotional activities are necessary to reach those objectives
  • 4. Promotion  Promotion is - Any form of communication that a business or organization uses to inform or persuade people to buy its products  Market research shows that - The average person is exposed to more than 2000 advertisements in a week  Each article of clothing is considered - An advertisement because it displays the company's name  A 1-page print advertisement can cost - As much as $80,000
  • 5.  When publicity is negative - the organization that provides the product needs to change the negative to positive as quickly as possible  For example - when a product is considered dangerous for you such as a toy, the problem must be solved or the product must be recalled and fixed  In entertainment marketing when a motion picture is reviewed by industry critics on TV - The review is considered publicity because the name and the content of the motion picture are being presented in a promotional format to inform the public
  • 6. Promoting Entertainment  When music albums, motion pictures and TV shows win awards - There is often an increase in sales from the positive publicity  In entertainment marketing for example, when a person calls Ticketmaster to order concert tickets - The salesperson may try to increase the quality of tickets as well as the cost of the ticket so that the company makes more money and the customer has a more enjoyable experience
  • 7. Variety of Promotions  Media advertisement - Any form of advertising that uses media such as television and radio the Internet newspapers or magazines to promote  For example, the film Finding Nemo was promoted using a tie-in with McDonald's happy meal - Which helped to increase awareness and sales of both products  The backside of the ticket - may offer discounts at the concession stand where food and drinks are sold
  • 8.  Product placement is - The locating and negotiating a prominent placements for a company's product or name as a prop in media such as film TV radio or video games  Critics of product placement may say - That the practice contributes to over commercialization and detracts from the entertainment  Others might argue - That good product placement lens to realism in films and TV shows
  • 9.  It is important to consider the variety of diverse markets - That might be interested in a product  For example, Tommy Hilfiger discovered - All marketing efforts to appeal to upper income Caucasian men were unsuccessful African-Americans were becoming the largest buyers of this product line
  • 10. PROMOTION  Promotional mix – advertising, publicity, personal selling, sales promotion Promotional Promotional Ex. Objectives Goals inform increase customer new Ipad awareness persuade Increase sales 3 day sale remind Increase market happy GAP ad share
  • 11. Media Criteria  Credibility - Perception of media by market  Cost– Unit cost –per one message, absolute cost –for entire project  Lead Time - Amt of time to notify media prior to posting message  Lifetime - Amt of time message lasts  Attention grabbing/appeals to senses - With in first 3 secs – or else change channel, flip page  Environmental issues - Recyclable, reusable
  • 12.  Flexibility - Use for many types of products  Frequency - # of times 1 person in target market gets the message  Reach - # of people who get the message at least 1 time  Reproducibility - Ability to use the same message again  Selectivity - Ability to choose a distinct target market to hear message
  • 13. Types of Media:  Print:  Internet  Newspaper  Banner  Magazine  Keyword  Yellow Pages  Interstitial  Webcasting/email  Broadcast  Radio  Other  Television  Direct mail  Gifts  Outdoor signs  Corporate sponsorships