a. Technology has changed how people can view and talk about sports. The only way you could watch a game in the past was if you were there or read about it in the newspaper the next day.
Now days you can watch it on tv, online, and on your phone.
2. Discuss how a fragmented audience is both a challenge and an opportunity for sports and entertainment marketers?
a. Fragmented audience is a challenge for marketers because they have a wide audience to reach and that could be more expensive. A solution for that could be to focus their prime time advertising for their closer locations and the less popular times for further distances. So a challenge for this would be if you were trying to reach further distances you would have to use good marketing skills to have them come the distance for what you are advertising versus the closer distances that don’t need to worry as much about distant.
3. Discuss the relationship between competition and consumer expectations. a. When a consumer goes out to buy a certain product they have expectations of what they want it to look like or the features of the product. The retailer then has to compete with other stores
that have that same product because they want to be the place where they buy it from. To do this they need to promote the product better or have it cheaper than the other places.
4. Explain the downside of social media for sports and entertainment marketers.
a. Social media has created a new place for people to talk about sports and share what they feel. So when a team does bad or a scandal happens its immediately put onto social media then shared by others to all they’re friends and the bad news can spread quicker than good and ruin a team.
5. Discuss how 21st-century technology has increased entertainment options for consumers.
a. In the 21st-century technology has become a huge role in everything. Instead of having to go to concerts or sports games you can now watch it live on tv or online.
6. What do you think the sports and entertainment industry must do in order to compete with the seemingly infinite number of entertainment choices we have at our disposal?
a. The marketers but use the best advertisement to prove to people that they should choose their entertainment instead of others. It becomes a competition with similar entertainers such
as female country singers. You have to choose which ones show will be better.
7. Describe how social media has changed the fan experience. Is this a positive or negative change? Explain.
a. Fans use social media to share their opinions about the teams and have also created special pages just for their page. Most of this use is a positive effect because fans will most likely share good information to their followers instead of bad information that could hurt the teams.
8. Describe how social media has changed sports and entertainment marketing.
a. Social media has created a new way for people to watch and talk about sports. People now can have discussions online, watch live games, and read live updates from ESPN or their friends. This gave people different oppertunities to view the game
9. How can sports and entertainment marketers avoid wear-out?
a. Wear-out is when their marketing or advertising method is no longer effective. Marketers need to change up their marketing methods to keep sales up and to keep people interested in what they are trying to promote.
10.
If you were in charge of marketing for a sports team or
entertainer, how large a role would social media play in your marketing efforts? Explain.
a. Social media should be one of the biggest key roles when advertising a sports team or entertainer. This is the current generations top use of sharing information. When someone posts something all their followers can see it if they share or re-tweet it then their followers see it and so on. This is one of the fastest ways of sharing information, but with that being said it could go bad because instead of people sharing good information they could be sharing bad information.
You May Also Find These Documents Helpful
-
Lands' End clothing catalogue retailer offers a satisfaction guarantee on all merchandise it sells. In other words, Lands' End gives its customers a(n) _____ warranty.…
- 537 Words
- 3 Pages
Good Essays -
| Caterpillar, Inc. is the world's largest manufacturer of earth-moving and construction equipment. Kirovsky is a large Russian manufacturer of the same type of products. The two companies entered into a(n) _____ and created NEVAMASH, a new company.Answer…
- 1071 Words
- 5 Pages
Satisfactory Essays -
In a report you need to evaluate the effectiveness of the use of the techniques in marketing products in this business. How effective is it?…
- 582 Words
- 2 Pages
Satisfactory Essays -
These refer to the limitations and restrictions that may prevent a business or organisation from certain actions. (Mrs Atkins)…
- 710 Words
- 3 Pages
Good Essays -
1. Visit a Web site for a company that sells products online. Then go to that company's corporate Web site. Compare the company's product sales site with its corporate site. Describe at least 3 differences between them. (1-3 sentences. 3.0 points)…
- 666 Words
- 3 Pages
Satisfactory Essays -
1. The four components of the promotional mix are: personal selling, advertising, publicity and the web…
- 617 Words
- 4 Pages
Satisfactory Essays -
There are several advantages and disadvantages to social media. The advantages of social media is that you can create a social buzz about your products and services and get people interested in your business without spending a lot of money on advertising. With all of the forms of social media available you can start by giving bits and pieces of information out and getting people interested and talking about your business and building up to more information and really have people talking about your products and services. When someone likes or follows your page all of their friends get a notification about it and it will draw their attention to your page as well. You can link all of these different sites together so that they are directed to more information about your products and services and include videos, pictures, coupons, specials or whatever you want to offer to your “fans”. This can really help to bring people in and keep them interested in what you have to offer. You can also interact with your potential customers directly and respond to questions and concerns instead of them having to look the information up themselves. There are also disadvantages to exposing yourself through social media. If someone has had an issue with your products or services they can lash out through social media and say things to degrade your company and that could have a negative impact on sales of your products or services. Social media can make you or break you in this day and age and you have to be involved and market yourself, your products and your services wisely to maintain a good reputation.…
- 601 Words
- 3 Pages
Satisfactory Essays -
These rules are The Law of The Few, The Stickiness Factor, and The Power of Context. A common trend that is happening in the field of sports lately is social media marketing. Social media has made a revolutionary change in the sports industry. It has allowed fans to connect to their favorite players on a level that we could never imagine. Gladwell’s three laws of epidemics are able to explain why the social media marketing and sports trend has really taken off in recent years.…
- 586 Words
- 3 Pages
Satisfactory Essays -
4. How have modern social media sites affected commerce? Include positive and negative examples in your answer. Millions of people use the internet everyday, despite knowing that transmitting any personal information online can make them vulnerable to online fraud. A positive aspect of this is that you can sit at home and do all your shopping and paying bills in your comfort of own home with the hassle of being in long lines and dealing with people..…
- 871 Words
- 3 Pages
Satisfactory Essays -
Marketing is the term where companies create their products or services awareness into the market. This goes ahead with identifying the customer’s needs and then working on purpose. The customers found to be in the centre of the whole process as they help in profit making. Marketing techniques can be defined in to different strategies which are:…
- 4271 Words
- 12 Pages
Powerful Essays -
no real substitutes for sportswear items that can offer the same benefits or fulfill the same purpose…
- 449 Words
- 3 Pages
Good Essays -
Social media has paved the way for businesses, media outlets, and a host of other organizations to have direct conversations with their costumers, allowing for a truly unparalleled level of audience engagement. Sports franchises and clubs have also found ways to leverage this new marketing tool, working to realize the dream of any sports executive: to create a passionate, invested fan base. Through social media, fans can connect with sports teams and leagues. But, the athletes themselves have accounts which allow potentially millions of people to connect with them personally. This has allowed fans to now be a part of the sport organizations story. Marketing insight is easier to come by in these days and times. Books are available, newsletters…
- 311 Words
- 2 Pages
Good Essays -
How can social media such as Twitter, Facebook, or Instagram have an effect on student athletes, their team and their school? Young adults and teenagers normally make a lot of mistakes on social media. Some normal mistakes they make are posting underage drinking, partying pictures, derogatory statements (that could be prejudice to different races, sexes, or people with a different sexual orientation) and inappropriate or revealing pictures. These mistakes could be magnified for student athletes due to how they are looked up to in their community or across the country. These mistakes can also effect the athlete’s reputation, their team’s reputation,…
- 1083 Words
- 5 Pages
Better Essays -
This paper will evaluate the reasons social media marketing has become exceedingly popular among business of all sizes. This assignment will analyze the advantages and disadvantages of social media marketing for business entrepreneurs. I will research two other businesses has utilized social media marketing. Lastly, this paper will speculate the impact social media will have on business over the next decade, while identifying the skills individuals need to improve in order to take advantages of the changes.…
- 1235 Words
- 5 Pages
Better Essays -
Social Media has been growing over last the decade and more and types of communication through social media have been developed. Chat rooms and instant messaging through AOL was a new form of communication when I was graduating high school. Today there are multiple forms of social media. You can tweet, post, or pin just about anything. You can reconnect with old friends, or make new friends. Small businesses are becoming much more mainstream, by taking advantage of online markets with the help of social media. If you can be found on Google you can be limitless.…
- 820 Words
- 4 Pages
Good Essays