Preview

Springfield Nor Easters Case Summary

Powerful Essays
Open Document
Open Document
905 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Springfield Nor Easters Case Summary
Case Study
Springfield Nor 'easters: Maximizing Revenue

May 20, 2014
Lashenda Beauharnais
AMBA 650 section 9040
Professor Boyle

TABLE OF CONTENTS

I. CASE SUMMARY 3
II. KEY ISSUES 4
III. ANALYSIS AND EVALUATION 4
IV. RECOMMENDATIONS 7
Appendix A: REFERENCES 13

I. CASE SUMMARY Springfield is the third largest city in Massachusetts where the newly formed minor league baseball team, The Nor 'easters, was recently introduced. The Nor 'easters baseball season is set to start June 2009 with 76 games in total (38 of which are at home games). Springfield is home to one other minor league team, the Falcons, Larry Brunswick is the marketing director for the Nor 'easters and is currently tasked with setting ticket prices for the upcoming season. Brunswick has experience in marketing entertainment
…show more content…
I came to this decision for the same reasons listed above, specifically customer retention. Even though only 1% of bankers use mobile banking, it is still a market that requires retention efforts. To address Douglas Brown 's concerns of a slower app negatively impacting customer experience, I 'd like to focus on the constant technology improvements within the mobile phone arena. Smart phone are constantly being enhanced with more random access memory (RAM), more internal storage to address the needs of their customers. Also, investing in additional servers will allow BoA customers to easily interact with their app. This cost can be offset by allowing mobile marketing tailored to users to appear within the new functionalities and therefore generate revenue. For long-term success, I recommend BoA allow potential customers to open accounts and apply for credit cards through their mobile browser. This will allow BoA to remain competitive in the market while potentially increasing their customer

You May Also Find These Documents Helpful

  • Powerful Essays

    From this we can derive that overall, in Springfield (assuming that the sample is representative of the population), 38% of residents do have some interest in baseball, but only 28% of the residents have ever attended a professional baseball game. Out of this only 17% of the population have attended at least one minor-league game in the last 2-3 years, however 39% of the residents would be willing to attend at least one game if a minor league baseball team ever came to Springfield. Insight about grand stand tickets was also collected, indicating that 72% of the population is not willing to pay more than a 10% premium over regular bleacher seats for a grand stand seat, hinting that there may be no opportunity to explore in terms of multi-priced seating. Another insight that can be drawn from the survey is that 81% of those who attend a game would be willing to pay $6 or more on various concessions per person. 56% of those surveyed were female and 66% of those surveyed lived with at least one child between the ages of 5-16, which may indicate that child-ticket pricing may be exploited. In addition, the sequence of questions did follow the typical “qualifying questions, warm-ups, transitions, difficult and complicated questions, and finally, classification & demographics questions”…

    • 3215 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    After reading the case study on The Springfield Nor’easters, there are some key issues that really stuck out. The main issue was that Larry Buckingham, who was the marketing director for the Nor’easters, had to figure out how to sell season tickets, regular tickets, and merchandise at their games. The Nor’easters were set to take their home field in Springfield Massachusetts, which is about 90 miles west of Boston. This in itself makes it difficult to sell tickets to minor league baseball games as the Red Sox play a little over an hour away. The next hurdle to overcome was the demographics of Springfield. Nearly 25% of families lived below the poverty line, which is not an ideal situation when trying to sell tickets. In my personal opinion, the next issue at hand was the secondary research. Buckingham used 3-year-old survey data and some anecdotal evidence from a journalist. This is not thorough use of secondary research. After completing the survey, the next issue at hand was determining how to price the tickets to get maximum attendance and revenue.…

    • 567 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Springfield Nor’easters was a new Class A minor league baseball team, which would start the first season in June 2009. The marketing director, Larry Buckingham, had to design the price scheme for the new season. Springfield was the third largest city in Massachusetts with 55,338 residents and around 60% of the households were families with children below 18. However, Springfield offered few spectator opportunities for sports fans, the only way to attend a professional baseball game is to drive to other cities.…

    • 1178 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    1. Describe the main types of equipment found in offices and how they are used. Include examples of at least three different types of office equipment.…

    • 970 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Larry Buckingham, Marketing director for Nor’easters, a new Class A minor league baseball team in Springfield, Massachusetts had been to come up with the pricing strategy for tickets. Challenge for him is to achieve break even on the first year, also by handling the marketing strategies for the team, and all above the following.…

    • 673 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Woogie Boogy

    • 1336 Words
    • 6 Pages

    The Springfield Nor’easters are a new and upcoming baseball team preparing to emerge in Springfield, Massachusetts. Springfield is located in a suburb of Boston, and as of today, they only have a minor league hockey team, which is preparing to relocate. If residents of the Springfield community want to see a sporting event, they have to travel nearly ninety miles to Boston for the experience. Larry Buckingham, marketing director for the Nor’easters, has the task of determining what the best price is for tickets each game. His goal is to break even in their first year of operation. There are many options for setting the price of the tickets. They can be based on individual games, multi game packs and season ticket plans. The stadium can only hold 3,600 people, limiting the amount of tickets to be sold. Deciding what price to set the tickets for will be difficult, because this is a new league for Springfield and the only close comparison is the minor league hockey team that has failed.…

    • 1336 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    For the Abrahamic religions of Islam and Christianity, once the prophets had passed away, the burden of religious leadership fell on the shoulders of the Sunni Caliphate and the Church respectively. Since women had been given unprecedented significance by the Prophets Jesus and Muhammad, it became inevitable for the Church and the Sunni Caliphate to deal with the issue of the status of women. (Here Church refers to the Church in the first two centuries after crucifixion of Jesus till approx 200 C.E. and the Sunni Caliphate to the Caliphate from approx 630 C.E. to around 800 C.E.) The status of women within the jurisdictions of these two authoritative bodies depended upon the commandments of their respective holy books and prophets, as well as the biases with which these scriptures were interpreted. Within the periods of interest, both institutions had similar views about female asceticism and dress code, however, the freedom of women varied greatly in terms of their participation in warfare, teaching in public, and selecting a spouse for the first or multiple marriages.…

    • 1123 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Springfield Nor'easters case

    • 2787 Words
    • 27 Pages

    answer the questions of how many people will come to Nor’easters games and how much shall…

    • 2787 Words
    • 27 Pages
    Better Essays
  • Powerful Essays

    Major League Baseball is the highest level of baseball play in the United States. It is comprised of two leagues, the National League and the American League, and 30 separate teams who each play a 162 game season. The commissioner of the league is Bud Selig, as commissioner he oversees the logistics of organizing the umpiring employees, and all contracts dealing with labor, marketing and TV broadcasting. Mostly funded by private enterprises, with partial funding from public taxes; the MLB as a whole brought in $132 million in 2005 of operating income, which jumped to $360 million of in 2006 (Orzanian). The overlapping schedules make the National Football League the most competition the MLB has for viewers.…

    • 3344 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Case Study 1

    • 1810 Words
    • 8 Pages

    1. Critically analyze the research undertaken by Larry Buckingham, Nor’ easters Marketing Director. Discuss if you feel the objectives, questions asked, sample chosen, and method utilized were appropriated and why they were or were not. What type of questions would you have added to the survey and why?…

    • 1810 Words
    • 8 Pages
    Good Essays
  • Better Essays

    Nor Easters Case Study

    • 1174 Words
    • 5 Pages

    What do you consider to be the key findings of the research survey? Comment on what Buckingham learned about a prospective customer profile, pricing and single-ticket versus season-ticket packages.…

    • 1174 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Tornado Case Summary

    • 738 Words
    • 3 Pages

    The Tazmanian Devil associate got together to focus the challenges that stood up to the originators, and specialists at the Tornado Electronic Company (TEC). The key goal of the gathering was to end up familiar with each and assess what capacities each partner could contribute. Impediments included tongue blocks and a thorough appreciation of what was required of the gathering. The gathering then met on a couple of occasions to conceptualize on effective techniques that would upgrade creation at TEC, and in addition extension occupation satisfaction and gathering union. This included dissolving in order to reconstruct the present gathering at TEC the first gatherings and having the staff work with new associates. This would be a component social…

    • 738 Words
    • 3 Pages
    Good Essays
  • Good Essays

    In 2009, 10 million customers used mobile banking and this is expected to grow to 37 million by 2014. Customers that use mobile banking are not the same as online customers. Customers that use mobile banking represent a different segment of the market that other banking customers. Security issues, a perceived low value and expense, were the primary reasons that customers did not switch to mobile banking. Potential customers were reluctant to try a new banking service that are represented an extra cost and they were also afraid of losing control of their finances. Debit cardholders were the most active users. It was convenient for them because they could check their account at any time. Customers that used this service changed their usual banking channels and as a result -the bank had a higher retention for these users of online services.…

    • 1202 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    In past years, BofA has been discussing the bank’s mobile strategies concerning mobile banking and how to incorporate mobile banking that is specific to the customer’s business needs such as credit cards and mortgage loans, etc. The growth in mobile users was an eye-opener for the retail banking business and has caused lending margins to drop and new federal regulations to be implemented. BofA continues to struggle to position their mobile banking services in the continuously changing financial industry. The underlying problems facing the organization are the following:…

    • 1693 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    References: Crosman, P. (2013, May 16). Chase tops keynote 's mobile banking ranking a third time. American Banker. Retrieved from http://search.proquest.com/docview/1351200131?accountid=458…

    • 774 Words
    • 4 Pages
    Good Essays