Midterm 2 Flashcards
What is the positive arousal that comes from sports
eustress
what challenges do agencies face
labour unrest, conflicts of interest, uncertainty in client base, in-house vs outsourcing, merger/acquisition
when communicating a message a person assigns or ascribes a meaning
encoding
stakeholder groups that agencies work for (5)
talent
properties
brands
media
companies
functions of marketing agencies (9)
planning
sponsorship and licensing
event creation
contract negotiation
community action
content
financial planning
research
evaluation
what is an in-house group
department within a company that performs a sports function on behalf of the parent company, only one client (themselves), gatekeeps the review opportunities presented to them
ethical issues agencies face
advertising spirit agencies, unhealthy products
what are four components of the tourism agency
tourists
business serving tourists
government in tourist destination
host/community residents
reasons for travel
leisure, business, visiting family, other
types of sport tourism (3)
active
event
nostalgia
what is active sport tourism
travelling to actively partake in sport
(activity, environment, culture)
what is event sport tourism
hosting mega or small scale events to bring in tourist, to also produce an image to a city. the difference between recurring events (calgary stampede) vs one time events like olympics which have longterm consequences
advantages of small scale events for sport tourism
can use existing infrastructure, includes professional or college-level or amateur sports. Need for community tourism agencies
What is nostalgia sport tourism
visiting sport hall of fame, sport themed vacation, fantasy sport camps, or different sport stadiums
dimensions of sustainability in sport tourism (3)
economic, social, environmental
social dimensions of tourism
can be positive or negative such as crowd congestion in a small town leading to urban regeneration, or gentrification and displacement of low income residents
economic dimension of sport tourism
over/under estimating economic impacts of visitors, growing security costs, need to leverage opportunities to maximize tourism investment
environmental dimensions of sport tourism
ecotourism, sustainable practices, impacts of global warming and pollution
uses of Virtual Reality in sport
mimic gaming situations, sight line for prospective seating, safe training
uses for Augmented Reality in sport
provide information not available, enhance play and viewing
benefits to participation in esport
cognitice focus, social engagement, physical activity and fitness, therapy and relaxation, career preparation
different aspects of esports in market
sponsorship, media rights, game publisher fees, merchandise and fees, digital, streaming
different type of sports betting
fixed odds, in-play/live, exchange, and spread betting
main sources of revenue for fantasy sports
participation fees, premium service fees, sponsorships, advertising
key operators in betting
fanduel, draftkings
two elements of sports marketing (2)
Marketing sports products directly to consumers
marketing consumers or industrial products and services through sports promotion
differences between sport and traditional marketing
sport involves emotion, subjective and unique to individuals, socially consumed, is unpredictable, consumers consider themselves experts due to strong personal identification, is completely perishable
branches of sport marketing
product, services, entities
4 p’s of marketing
product, price, place, promotion
step one of developing a sport marketing plan
identify the purpose of the plan