Expand benefits and provides of additional insight


Sports Marketing Final

• Pick a company that could benefit from sports marketing: EX: Mary Kay

Sponsorship Features

• Attractive demographics

• Exposure

-signage

- Id in media buys

- Program ads

- Collaterals
- Website

• Promotional rights

• Tickets/events

• Prestige/brand image

Sponsor benefits: What are sponsors looking for?

• Increase sales

-sponsorship's "holy grail"

• Enhance brand image

-awareness and favorability

• Reduce marketing costs

-more bang for the marketing dollar

• Increase productivity

-employee morale assisting sales staff

Proof

• Guarantees

• Testimonials

• Company results

• Independent research results

- 3rd party validation

- Empirical proof

- expands benefits and provides additional insight

F-A-B Selling

• Feature

- A prominent part or characteristic

- What it is

• Advantage

- Superiority of position or condition

- What it does

• Benefit:

- Something that promotes well-being

- Why it's important

Audience

• Feature: attractive demographics, audience attitudes

• Advantage: reach targets more efficiently, audience more receptive to advertising

• Benefit: reduce marketing costs

• Proof: syndicated research, custom survey, consumer survey

Exposure

• Feature: logo on car, logo placement across media

• Advantage: generates awareness and recognition via exposure more efficiently than advertising, integrated media increases recall and

attention

• Benefits: enhance brand image, reduce marketing costs

Promotional Rights

• Feature: rights to marks and logos

• Advantage: themed advertising is more effective, increase participation in sales promotions, experimental marketing at races increases fan

enjoyment, engages fans with brands

• Benefit: enhance brand image, reduce costs, increase sales

• Proof: consumer survey, company results

Tickets

• Feature: tickets to race, behind the scenes access

• Advantage: reward employees, build and maintain client relationships, create customized events to attract potential clients

• Benefit: Increase productivity, increase sales, enhance brand image, increase incremental sales

• Proof: company results, employee surveys, testimonials, focus groups, surveys

Solution Preview :

Prepared by a verified Expert
Marketing Management: Expand benefits and provides of additional insight
Reference No:- TGS01759843

Now Priced at $40 (50% Discount)

Recommended (91%)

Rated (4.3/5)