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GRADED A+
borrowed equity - using the appeal of an event to market a product.
exchanges - transaction between a producer & consumer.
producers - an individual that supplies a product or service.
consumers - an individual that uses a product or service.
sports marketing - the application of marketing principles to sports and nonsports products through
sports
sports - a source of diversion engaged in for pleasure.
marketing of sports - marketing principles used to market a team.
marketing thru sports - marketing of a non-sports product during a sporting event.
sports agent - intermediary that markets talent and determines an athlete's worth in a market.
sports intermediary - organization that markets an event.
amateur - an athlete which is NOT monetarily paid.
audience - all individuals at or exposed to an event.
behavioral segmentation - segmentation based on rate of use.
consumer - an individual which uses a product or service.
, demographics - segmentation based on measurable statistics.
customer - an individual that makes a purchase.
gate receipt - total money from ticket sales for an event.
geographics - segmentation based on area, region, or climate.
market segment - separating consumers into smaller groups.
niche market - a relatively small market with specialized need.
organized sport - a sport which is overseen by a sanctioning body.
professional - an athlete which is monetarily paid for performance.
psychographics - segmentation based on personal interest and activities.
sport - a source of diversion or activity engaged in for pleasure.
stadium as place - simultaneous production & consumption of sports events at a venue
arbitrary allocation - promotional budgeting by "what I can afford"
borrowed equity - using the appeal of an event to market a product.
category - area in which sponsorships are classified (fast food)
clutter - a drawback to sponsorship, where sponsors blend in with all of the other promotions
delivered at an event.