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Sports
Client Management and Representation
This is the crux of sports management and marketing. Clients form the backbone of the business. Client management refers to the acquisition of a viable client base, and the retention of that client base via value-added services. Management includes consultation services and the provision of counsel when needed. Client representation entails the contractual obligation to the client to serve as his or her spokesperson or representative. For example, the sports manager acts as a liaison between the client and the sponsors, team owners/managers, and the media.
Client Marketing and Product Endorsement
The client often requires marketing and product endorsement services to maximize his or her value and potential. Marketing services include helping the client improve his or her "packaging," in terms of image management. Promotion, pricing, and other aspects of the traditional marketing mix also come into play when managing a client. Product endorsement may be one of...
For example, the sports manager actively seeks new endorsements as well as re-negotiating existing contracts.
3. Event Creation and Development
Event creation requires a special set of skills related to project management. Large-scale events (for example, the Sony Open in Key Biscayne) require extensive coordination, delegation of tasks, and communication with a wide range of stakeholders. Moreover, the development of sports-related promotional events requires creative thinking. Novel uses of the media, including social media, are called for when creating virtual events (such as online competitions for fans). Fundraising for charities is another avenue of event creation and development. Development of recurring events, such as annual competitions, can prove lucrative for all stakeholders.
4. Event Management and Marketing
Event management refers to the…
Sports Marketing NFL or the 'National Football league' as it is referred to, is America's pride and cause for the inculcation of the inherent patriotic spirit in the heart of the American. The NFL conducts football games as a part of the tradition every year, and every year Americans gather at the stadium where patriotism is at its height and nationalistic fervor is at its peak. In the game that was
By virtue of the fact that sports such as baseball and football in the United States had begun to prove themselves enormously popular and profitable, the intrusion of sponsorship and advertisement as a regular element of the game had begun a century ago. However, the paired evolution of the sports market to the coverage of an enormous breadth of market contexts and categories and of the media channels through
Cornell Sports Marketing The business situation: problems and solutions The problem Cornell Sports Marketing is currently facing is that of low attendance at sporting events, even popular money drawing sporting events such as basketball and football, the former of which Cornell traditionally excels at. This is causing a correspondingly low level of revenue for the organization of Cornell Sports Marketing. The organization must create a greater revenue base by increasing attendance, creating
Sports Law Unlike was the case a few decades ago, sports has today become a multi-million dollar industry. It is this exponential growth in the 'business of sports' that has informed the growing interest in sports law. The legal issues that, in one way or another, relate to sports typically range from intellectual property to torts to contracts and many others. In seeking to explore the various legal issues in the
What advertisers do as an integral part of their marketing communications strategies is create small or what are sometimes called "micro sites" and heavily populate them with keywords that the advertiser pays for advertisements on Google with. This marketing technique is called Search Engine Optimization (SEO) and the use of Google AdWords advertisements gives advertisers both organic and paid search advantages when a potential customer uses Google to find
Octagon Sports Marketing Plan Octagon Sports Marketing Octagon Sports Company has been proud to be an industry leader in terms of events management, sports and entertainment marketing, and representation of athletes and personalities al over the world. It was founded in the year 1983 and after wards acquired as sports and entertainment event marketing arm of the Interpublic Group of Companies (IPG) in 1997 by the same company (IPG). Currently Octagon Company