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Sports Marketing Final Exam
Sports Marketing for Sports Administration Majors
66
Other
Undergraduate 2
12/07/2015

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Cards

Term
Order Taking
Definition
Selling role in which a salesperson handles inbound inquiries or orders by telephone or email
Term
Order Getting
Definition
Ticket salespeople initiating contact with prospective or current customers in an attempt to persuade them to purchase tickets
Term
Leads
Definition
Individuals who have indicated some interest with a sports brand
Term
Sponsorship
Definition
Investment of money, products, or services by a company in exchange for the rights to be associated with a sports property and use that association in marketing activities
Term
Naming rights sponsorship
Definition
Association in which a corporate sponsor acquires the rights to have a corporate or brand name incorporated into the venue's official name
Term
Secondary brand association
Definition
Brand association inferred by customers by linking a brand to information already store in memory
Term
Reach
Definition
Total number of persons or percentage of a total population that is exposed to a brand message within a specific time period
Term
Targeted Reach
Definition
Number of persons or percentage of a population exposed to a brand message that is part of a brand's target market
Term
Message clutter
Definition
High volume of marketing messages placed in a particular medium that vies for an individual's attention
Term
Image transfer
Definition
Occurs when the meaning consumers hold for a sports property is assigned to a brand that is linked to that property
Term
Category Exclusivity
Definition
Situation in which a sponsor is the only company within its product category associated with a sponsored property
Term
Branding campaign
Definition
Strategy to communicate or promote as association with a sports property by a sponsor to its target market
Term
On-site marketing
Definition
Opportunity to reach a sports property's audience at the physical location of the sports property
Term
Cross-marketing
Definition
involves collaboration between a sponsor, sports, property, and a sponsor's marketing partners to create campaigns with the aim of benefiting all involved parties
Term
Pass-through rights
Definition
Added value to a sponsorship through allowing a sponsor's partners to enhance the sponsor's association with the sports property through themed promotions
Term
Ambush marketing
Definition
planned effort by a company that is not an official sponsor to create the impression that it is associated with the property or sporting event in some way
Term
Impressions
Definition
total number of exposures of an audience to a brand message
Term
Sponsorship proposal
Definition
document created by a sports property that gives an overview of the property, information on the property's audience, and benefits of partnering through sponsorship
Term
Right fees
Definition
the cost a company pays to be recognized as an official sponsor
Term
Activation costs
Definition
monies spent on marketing activities to communicate a brand's sponsorship
Term
Leverage ratio
Definition
activation dollars divided by rights fees
Term
Brand recognition
Definition
ability of an individual to identify awareness of a brand sponsor
Term
Brand recall
Definition
ability of an individual to identify a brand when prompted with the product category
Term
Top-of-mind brand awareness
Definition
the first brand that comes to mind when consumers are given a product category
Term
Return on Investment (ROI)
Definition
financial return on a sponsorship in comparison to the monies invested in the sponsorship
Term
Return on objective (ROO)
Definition
Assessment of how well a sponsorship performed in respect to the objectives of the sponsorship
Term
Market segmentation
Definition
strategy and process used to analyze a population of buyouts in order to identify groups of buyers an organization believes it is best equipped to serve
Term
Target market
Definition
the audience group (or segments) of buyers that will be the focus of marketing strategy decisions
Term
Psychographic variables
Definition
Variables used to classify individuals on the basis of personal values, hobbies and interests, and lifestyle
Term
Usage rate segmentation
Definition
Segmentation based on the behavior of individuals (or businesses) such as frequency, volume, or dollar amount of purchases
Term
Media vehicle
Definition
specific platform that can be used to deliver a message to an audience
Term
Targeted reach
Definition
measure of the number of persons that are exposed by a media vehicle that are also a part of the target market
Term
ABC analysis
Definition
grouping or segmenting customers into three categories based on the revenue or profit they generate for an organization
Term
External marketing environment
Definition
characteristics, developments, or trends happening outside of an organization that could potentially impact it
Term
Brand competition
Definition
brands or firms that target similar customers with comparable products and prices
Term
Category competition
Definition
Brands or organizations whose offerings meet the same or similar customer need
Term
Generic competition
Definition
any good or service for which a consumer might make a purchase that would prevent purchasing a ticket to a sporting event
Term
Sociodemographic trends
Definition
changes in characteristics of behaviors and demographic profile of people over time
Term
Culture
Definition
system of beliefs, values, and behaviors that members of a society adopt and pass along from one generation to the next
Term
Green marketing
Definition
practices used in the production, distribution, and promotion of products that promote environmental protection
Term
Greenwashing
Definition
making claims about environmental practices that are deemed questionable or self-serving
Term
SWOT
Definition
strengths, weaknesses, opportunities, and threats
Term
MAC (match, avoid, convert)
Definition
approach for translating the results of a SWOT analysis into marketing strategies
Term
Goals
Definition
General statements about what an organization wants to be, do, or become
Term
Objectives
Definition
The outcomes to be achieved as a result of the investment in marketing activities
Term
Financial Objectives
Definition
desired outcomes that have a direct impact on an organization's revenues or profits
Term
Communication objectives
Definition
desired outcomes from marketing communications
Term
Syndicated research
Definition
Research conducted by professional research organizations and available for purchase by any member of an industry
Term
Utilitarian consumption motives
Definition
purchases based on a consumer's desire to achieve some functional benefit from a good or service
Term
Hedonic consumption motives
Definition
purchases based on the desire to have a sensory experience
Term
Aesthetics
Definition
within sports is an observable behavior such as a particular style of play of a player, team, or sport, a certain level of performance, or other observable traits, behaviors, or characteristics
Term
Cognitive involvement
Definition
personal relevance of a sport object's functional performance
Term
Affective involvement
Definition
personal relevance a sports object holds based on its ability to allow a person to express his or her ideal self-image to the world
Term
Direct consumption
Definition
consumption of a sporting event through actual attendance at the event
Term
Indirect consumption
Definition
consumption of a sporting event at a site other than the event's venue
Term
Marketing
Definition
how value is conceived, implemented, and communicated for the benefit of customers, the organization, and other stakeholders
Term
Sports marketing
Definition
use of marketing for creating communicating, delivering, and exchanging sports experiences that have value for customers, clients, partners, and society
Term
value
Definition
Judgment of the benefits received from consumption of a product compared to the sacrifices required to acquire the product
Term
relationship marketing
Definition
creating, maintaining, and enhancing long-term relationships with individual customers as well as other stakeholders for mutual benefits
Term
strategies
Definition
long-term managerial decisions that affect an organization as a whole, including marketing of products and services
Term
Tactics
Definition
short-term decisions made in support of a firm's strategies, transforming plans into actions.
Term
Mission
Definition
Statement of what an organization does, who it serves, and its goals
Term
Market analysis
Definition
review of occurrences and trends both inside and outside of an organization
Term
Marketing objectives
Definition
stated outcomes that the marketing function pursues to contribute toward meeting the organization's mission
Term
Target market
Definition
group or groups of customers most likely to use a product
Term
marketing mix
Definition
marketing decisions involving product, price, place, and promotion
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