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Sports marketing chapter 1 review
Sports marketing chapter 4
Sports marketing chapter 1 review
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Adopt-a-Team Report The NBA’s Golden State Warriors are not only known for their performance on the court but also for their successful marketing program. They create experiences for their fans through social media and their website which drives merchandise and ticket sales due to customer engagement. The Warriors capitalize on many aspects of the business including retail, community involvement, and entertainment which surrounds the basic foundation of playing basketball. Within the marketing department, they have three branches: the digital/social experience, the game center experience which is comprised of everything on-site including the gates and arena, and the studio/content group which generates videos and photos for the social and …show more content…
They had a 2,900% return on their spending in advertising through remarketing which is targeting people that have visited their website or used their app. The Golden State Warrior’s highly successful strategy in social media and remarketing have lead them to have an ROI of 30-40x. Also the Warriors’ slogan which is “Strength in Numbers” proves that emphasizing the team aspect of the organization has helped fan engagement. Their top three posts on Facebook has together an earned media value (EMV) of $700,000. The social media division has a much targeted plan for remarketing to customize all the factors of having specific ads to their audience based on highly detailed criteria such as how recently they visited the Warriors’ website or if they have the mobile app. They also do a lot of testing to see what videos and photos to post, and how far ahead to advertise games to generate the most revenue. Likes, comments, shares, follows, Google searches, and any sort of conversation on the different channels promote engagement which boosts sales. Good videos are extremely effective, especially on Instagram. 10 second plays seems to work the best for them according to their data as 75-80% of Facebook traffic is mobile. Their audience are mainly younger males, tech geeks, and San Francisco Bay Area …show more content…
They do this to figure out the best time to boost and promote posts to different groups of targeted audiences. Based on their market research, one member of a custom audience is equal to $1.42 per season in comparison to one fan who is only equal to 70 cents. It takes the Warriors only 3 cents to convert a fan to a custom audience so with ROI from this, they can predict their revenue from the engagement generated by the custom audiences. They use both organic and paid reach for marketing through email, online, social media, and
season as a part of a two phase leuge expansion. Teams that also were part of this expansion
Do you like professional football? Have you ever wondered where teams originate from? Or what teams have been around the longest? The Pittsburgh Steelers are a professional team that has an extensive history. There are also many unique details about them that other NFL teams do not have. There creator was a great man who started the team from practically nothing, their name and logo represent great tradition, and lastly, they have won many championships.
Smith, K. (2013). Google employees reveal their favorite perks working for the company. Business Insider. Retrieved from: http://www.businessinsider.com/google-employee-favorite-perks-2013-3?op=1
The Boston Celtics home of Boston, Massachusetts and well known as the best basketball franchise to ever lay foot on the the hardwood floor. When the topic of the Celtics comes to mind. The names of Red Auerbach, Bill Russell, Bob Cousy, and the Dynasty team that won eleven championships between 1957-1969. Recently in the 21st century the Celtics have had their fair amount of success and currently are competing in the NBA playoffs to put up the 18th championship banner inside the TD Banknorth. The Celtics big three currently are Paul Pierce, Ray Allen and Kevin Garnett. But the before the 21st century big three the Celtics Dynasty consisted of Bob Cousy, Bill Russell, Bill Sharman and the list on Hall of Famers could go on.
During the 2016 Super Bowl, companies paid approximately $5 million for a 30-second commercial, according to CBS (Ourand, 2015). With this type of investment, it is important for companies to strategically consider how to relay messages to consumers in a meaningful way. However, even a hefty investment will result in a very low increase of sales (Clow & Baack, 2016). Visual advertising results in better message delivery than other forms of advertising for larger companies with a creative mix of strategy, source, appeal, and execution shown in Table 1. The results of a creative mix promote customer loyalty, acquisition, and increased product exposure. Successful messaging assists in potential
When I learned that I had to write this research paper, instead of procrastinating, I convinced myself to JUST DO IT. This phrase also happens to be one of the signature phrases of the leading athletic apparel company, Nike. The JUST DO IT campaign has been very successful for Nike, but it is not he sole reason for their success. Nike’s campaign has definitely persuaded me to go out and buy a few Nike products. So what exactly does Nike’s persuasive campaign consist of? This paper will discuss all aspects of Nike’s persuasive campaign. Some of the campaign’s strategies, goals, and techniques will be revealed. Some persuasive theories that can be applied to the Nike advertising campaign will be identified and explained. After discussing these theories, the specific arguments of the campaign will be validated. Overall, the entire campaign will be analyzed and it will be determined whether the campaign is a success or a failure.
I chose to write about the Phoenix Suns basketball History mainly because they have gave me, “the fan” great memories. The Suns introduced me to a whole new world of sports. When I watch their Basketball games it’s probably different from any other fan’s viewpoint. I tend to analyze their games and try to think what their next move is going to be. Other fans just cheer which is alright.
Two weeks ago, I was home watching a Chicago Bulls game. I started to analyze
One hundred and twenty six decibels, the record for the loudest indoor arena, goes to the Sleep Train Arena, and the home of the Sacramento Kings. The record was broken at a Kings Bucks game, and though the fans were able to break a record, the Kings still lost. Since relocating to the tiny city of Sacramento, the Kings have never really been a good team. The team has only seen mediocre players with the occasional appearances of great players visiting, arriving only to pound the team and the aspiring hopes of the minimal fan base. Though the franchise has seen a couple a playoff runs and one Conference Finals debut, in which they were beaten, the team has found a way to persevere. But with new ownership comes a fresh start for a team that has been licking the bottom of the barrel. Why do such loyal fans deserve this treatment. People call the franchise lost, and the team a mess. What seems to be the unanswered question to all this is, why. What makes the Kings so bad?
Sports marketing has made its way directly to the fans. In the past, only the extremely devoted fans would check on their teams online but now, the norm has changed. Now the devoted fans learn new information before anyone else, and even get rewarded for it. In the article “The Passion of the Fan”, by Stewart Feil, fans are being rewarded for posting about their favorite teams on social media. The reason this is possible is because mobile apps have greatly contributed to the way fans follow their teams. In “Sports marketing and technology with the New England Patriots”, by Michael Krigsman, it reveals that fans have the capabilities of sending their favorite teams their input about the team. The most amazing part is their voice is being heard. Tracy Keller reveals how deeply mobile apps have helped fans and teams interact in her article, “The Rise of Mobile in Sports Marketing.” She goes into detail on how fans are closer to their favorite teams through new mobile technology involved in sports. To go along with mobile apps, websites are bringing new life into sports and professional teams. In Greg Johnson’s article, “Big-time backers are trying to breathe new life into high-flying sport of Slamball”, it discusses how Youtube has allowed Slamball to keep its fame, and it is also reviving the sport at the same time. Sports and fans have always been together. Sports marketers have made the interactions between fans and teams closer through social media, websites, and mobile technology.
During the 1980s and early 1990s, the Detroit Pistons dominated their opponents, using physical defense, rebounding, and a relentless effort which earned themselves the nickname the “Bad Boys.” “Led by a physically aggressive, defensive-oriented core of players, the Detroit Pistons literally fought their way to back-to-back NBA Championships in 1989 and 1990” (Gibbons n.pag.). After years and years of misery and losing, the Detroit Pistons managed to change their identity and the league forever. The Pistons evolved from a bad team, to a badass team full of misfits and role players, coached by Chuck Daly and all orchestrated by General Manager “Trader” Jack McCloskey. For two years, the Pistons were the undisputed champions of the National
For the sport industry, social media has enabled fans to have a closer relationship with sporting organisation operations while allowing their organisation to be strategic and more proficient with limited amount of capitals. This has helped sports to get involved in the business of “relationship marketing” (Grönroos 2004). This is mainly because social media enables the organisation platform to adopt a long term relationships with fans and continue to shape the idea of community once a game ends or season comes to close.
The use of social media in sports is a relatively new trend. Social media has enabled people to become more interactive with their favorite celebrities, athletes, and sports teams. Social media allows fan’s to keep up with their favorite teams with up to date news and it also helps the organization, specifically their marketing department. Sports teams have utilized Facebook and Twitter pages for their organizations in hopes of gaining revenue as well as the attention of their fans and casual fans. Social media is constantly evolving to keep up with the newest social trends and fads.
Social media in marketing is used as an apparatus that builds an identity for a brand and gives awareness that they thought they could have. It does not only respect buyers, but also customer allegiance. Social media is widely-ranged so it can be used in whatever way that best conforms to the strategy and wants of the business. In accordance to the social media marketing report of 2014, a considerable (64%) of marketers use social media for at least 6 hours or more and 41% for 11 hours or more weekly, more importantly nearly (19%) of marketers use up to 20 hours each week on Facebook, Twitter, LinkedIn, Instagram and many more. The report also showed 7 social media platforms that led in 2014 which are Facebook, Twitter, LinkedIn, Google+, Youtube, Pinterest and Instagram.
This method is used to “gain mutual understanding and find a win-win common ground” between brand and consumers, and develop a more long-term relationship beyond just sales (Straubhaar, 300). From Facebook posts and Tweets to Youtube videos, each channel offers a distinct venue for brands to share its content with consumers on platforms they frequent. Each of these social channels help develop the brand’s overall aesthetic and personality, giving consumers a more personal connection with the brand. In return, social media provides consumers with the ability to engage directly with the brands they take interest in, 24/7. Consumers can “favorite” or “like”, share, and post comments on brand posts which can increase brand awareness and spread their message. PR teams have taken advantage of the move from “business hours