SPORT MARKETING MIX STRATEGIES

This paper presents a brief overview of a significant element of the sport marketing management model called the marketing mix. The marketing mix is crucial because it defines the sport business, and much of the sport marketer’s time is spent on various functions within the marketing mix. The market...

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Main Author: Alexandru Lucian MIHAI
Format: Article
Language:English
Published: Romanian Foundation for Business Intelligence 2013-06-01
Series:SEA: Practical Application of Science
Subjects:
Online Access: http://seaopenresearch.eu/Journals/articles/SPAS_1_36.pdf
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author Alexandru Lucian MIHAI
author_facet Alexandru Lucian MIHAI
author_sort Alexandru Lucian MIHAI
collection DOAJ
description This paper presents a brief overview of a significant element of the sport marketing management model called the marketing mix. The marketing mix is crucial because it defines the sport business, and much of the sport marketer’s time is spent on various functions within the marketing mix. The marketing mix is the strategic combination of the product, price, place and promotion elements. These elements are typically called the four Ps of marketing. Decisions and strategies for each are important for the marketer. Information for making educated decisions involving the four Ps comes from the marketing research involving primarily the four Cs - consumer, competitor, company and climate. A critical decision and one of the greatest challenges for the sport business is how to strategically combine the four Ps to best satisfy the consumer, meet company objectives, enhance market position, and enhance competitive advantages.
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spelling doaj.art-8195ff86ad3d46fda3c2d302273841082022-12-21T20:08:46ZengRomanian Foundation for Business IntelligenceSEA: Practical Application of Science2360-25542013-06-01I1 (1/2013)298303seapas:y:2013:i:1:p:298-303SPORT MARKETING MIX STRATEGIESAlexandru Lucian MIHAI0 Faculty: Marketing, Academy of Economic Studies, Bucharest, Romania This paper presents a brief overview of a significant element of the sport marketing management model called the marketing mix. The marketing mix is crucial because it defines the sport business, and much of the sport marketer’s time is spent on various functions within the marketing mix. The marketing mix is the strategic combination of the product, price, place and promotion elements. These elements are typically called the four Ps of marketing. Decisions and strategies for each are important for the marketer. Information for making educated decisions involving the four Ps comes from the marketing research involving primarily the four Cs - consumer, competitor, company and climate. A critical decision and one of the greatest challenges for the sport business is how to strategically combine the four Ps to best satisfy the consumer, meet company objectives, enhance market position, and enhance competitive advantages. http://seaopenresearch.eu/Journals/articles/SPAS_1_36.pdf Sport marketing Marketing mixMarket position
spellingShingle Alexandru Lucian MIHAI
SPORT MARKETING MIX STRATEGIES
SEA: Practical Application of Science
Sport marketing
Marketing mix
Market position
title SPORT MARKETING MIX STRATEGIES
title_full SPORT MARKETING MIX STRATEGIES
title_fullStr SPORT MARKETING MIX STRATEGIES
title_full_unstemmed SPORT MARKETING MIX STRATEGIES
title_short SPORT MARKETING MIX STRATEGIES
title_sort sport marketing mix strategies
topic Sport marketing
Marketing mix
Market position
url http://seaopenresearch.eu/Journals/articles/SPAS_1_36.pdf
work_keys_str_mv AT alexandrulucianmihai sportmarketingmixstrategies