3.07 Establish barter

agreements(vendors, media,

etc.)

BARTERING Trading or exchanging a good or service for

another good or service.

Ex: Posting Poland Spring’s banner at the event and on the course in exchange for bottles of water to give the runners who

participate in the event.

BARTER AGREEMENT Agreement between two entities for the

exchange of goods or services where both entities gain.Ex. I will wash your car, if you take me to

school for a week.

REASONS FOR BARTER AGREEMENTS Helps to decrease cost

If you are getting an item at no cost, your overall out of pocket expenses are lower.

Win for both parties involved Both parties get the desired outcome they want per

the agreement.

How can it be beneficial for a sport/event organization to develop a bartering agreement with a vendor?

If the agreement helps decrease event expenses.

3.06 - Imagine that you are the assistant to the marketing director of your favorite team or performer

Create a master list of the goods and services for the event that you could provide the marketing director.

Create a visual explaining why you think these good and services are a good fit and what your sales expectations are.

3.07 - Which of these items could be bartered? Please explain your proposal