promotion chapter 4 role of promotion. objective students will discover the importance and elements...
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promotionChapter 4
Role of Promotion
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ObjectiveStudents will discover the importance and elements used in developing a promotion mix to market sports businesses.
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Role of Promotion• Inform
• Persuade
• Remind
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goals of promotion1. Increase Sales
2. Increase Awareness
3. Be Competitive
4. Reach Target Market
5. Build Relationships
6. Create/Develop Image
increasing customers’ usagemaintaining customer loyaltybuilding a fan baseeducating potential customersovercoming the hesitation of first-time buyers
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Types of promotion
1. ADVERTISING
2. PERSONAL SELLING
3. SALES PROMOTION
4. PUBLIC RELATIONS
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ADVERTISING• One way mass communication for a product, service or idea
• Paid for by an IDENTIFIED SPONSOR (advertiser)
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PERSONAL SELLING
• Interactive Interpersonal Communications (Face-to-Face)
• Designed to build relationships
and generate sales
• Influence a consumers purchases and increase satisfaction
• Drawback::: most expensive of promotions
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SALES PROMOTION
• “SALE” type promotions designed to meet
short-term goals
• Helps to create demand for a product or service
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Public relations• Building a good image in the community
• Focus on company’s employee base/community
• Maintains a mutually beneficial relationship between the sports
organizations and its public
• Deal with GOOD and BAD aspects of business
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Promotion Mix
The combination of
promotional efforts
for a business• Advertising
• Personal Selling
• Sales Promotions
• Public Relations
Identify points of emphasis
& Time commitments (AD Schedule)
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Promotions Activity
You are to find 10 promotional events from any professional sports team. Below are some websites for minor league teams. Altoona Curve - http://www.altoonacurve.com/Lancaster Barnstormers - http://lancasterbarnstormers.com/index.cfmSan Jose Giants - http://www.sjgiants.com/ *You may use different sites. Complete this in word you must include the following for each event: Team NameWeb site LinkType of promotional event.Description
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media TYPES• Media Type Selection Criteria:
• Target Market, Cost, Demographics• Determined by the goals of each promotion
• Determined by the goals of the business
Media types:
-Television -sponsorship
-Print -signage
-Radio -event naming
-Outdoor -cause marketing
-Transit -Internet
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Advertising SchedulePromotions are typically Run
in a group or “Campaign”
Promotions typically
have a common theme
Promotions typically use
several media types
An advertising schedule
organizes promotions &
media types over a time period.
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Promotion BudgetingPromotions must be funded and paid for by a sponsor or an advertiser
Promotional Budgeting types1. Competitive Parity
• “Follow the market leader” in types and methods of promotion
2. Arbitrary Allocation• “What I can Afford”
budget based on current financial status•
3. Percentage of Sales• Allocating a set percentage of sales to promotional efforts and campaigns
4. Objective & Task• Setting specific goals/objectives and budgeting to achieve those goals
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Promotion Budgeting1. Fund the Primary Promotion
• “main” promotion, campaign, efforts• Primary focus for the company
2. Fund the secondary/co-promotions• “extra” promotions • Typically run with retailers• Provide ways to spur sales • Provide ways to earn back costs• Expand exposure/reach of promotions
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Promotion Plan ProjectsPromotion Plan ProjectsPromotion Plan Elements
1. TV – Storyboard
• minimum of 8 frames w/ script
2. Print – Newspaper print ad
• Color or b/w
3. Radio – Script
• 15, 30, or 60 second script
4. Outdoor
– Billboard or Transit Ad
5. Internet
– Web Site or banner ad
6. Sales Promotion – sales force
• To be implemented by a retailer’s sales
people
7. Sales promotion - coupons
• To be honored by a retailer/sponsor
8. sponsorships
Event mktg w/ specialized exposure
Title or signature sponsorship
Naming rights, category sponsorship
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Project suggestions & rubricProject suggestions & rubric• Students should complete six (5) of the nine (8) elements
• Students may work independently or collaboratively
• Promotions should be unique and not violate copyrights
• Emphasis should be placed on creativity and marketing value– As apposed to artwork &/or graphics
• Students should be able to implement the promotion plan– Although implementation is NOT required