and Answers All Correct
Which of the following is not one of the benefits from the sports experience or product
a. globalization
b. socialization
c. high performance
d. recognition - Answer-a. globalization
Providing a detailed inventory of assets is one of the keys to selling a sponsorship -
Answer-true
Personal observation is one the primary types of data collection - Answer-true
Which of the following is not part of the 6 step process of selling sponsorships
a. create and design a sponsorship packet for the client
b. create proposal
c. hold follow up meeting for purpose of making a presentation
d. negotiate the final deal - Answer-a. create and design a sponsorship packet for the
client
T/f dropping the price of your product to keep pace with the market is the most effective
way to outlast your competitors - Answer-false
T/f social medial has decreased the importance placed on pr staffs within organizations
- Answer-false
A dbm stands for distributive bargaining management - Answer-false
A crm stands for customer relationship management - Answer-true
T/f bill veeck created the 12 commandments for successful sports marketing - Answer-
true
A good sponsorship agreement should always be a win win for the client and the
company - Answer-true
, The primary function of crm is to manage the analytics and cost structure of a product -
Answer-false
A co op sponsorship is the joining together of 2 or more entities to capitalize on the
market - Answer-false
t/f bill veeck created the 12 commandments for successful sports marketing - Answer-
true
tam stands for tactical analysis marketing - Answer-false
dbm marketing involves the integration of files into a database - Answer-true
when getting data competitors, you want which of the following
a. price
b. product lines
c. comparisons
d. all of the above - Answer-d. all of the above
the primary function of a crm is to manage the analytics and cost structure of a product -
Answer-false
state of mind is one of the 4 basis of segmentation - Answer-true
sponsors or endorsers can be paid in stock rather than cash - Answer-true
t/f dropping the price of your product to keep pace with the market is the most effective
way to outlast your competitors - Answer-false
product price is one of the 4 basis of segmentation - Answer-false
company partnerships are more effective than individual sponsors regardless of the
product - Answer-false
4 steps of selling - Answer-1. build rapport
2. gap assessment
3. convince them of solution
4. but product
the main purpose of sponsorship is direct sales over lead generation - Answer-false
lifestyle marketing is marketing using leisure and comfortability - Answer-true
a good sponsorship agreement should always be a win-win for the client and company -
Answer-true