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lorrkelly1 lorrkelly1
wrote...
Posts: 561
Rep: 3 0
6 years ago
Explain in detail the marketing mix for the Super Bowl.

Question 2

Why are reality shows so popular for networks to produce?

Question 3

How will a team winning a championship affect consumer demand for tickets and the prices charged for tickets?

Question 4

Explain how sports marketing has impacted the economy.

Question 5

What are the seven core standards of marketing?

Question 6

What are the four elements of the marketing mix?

Question 7

Why does it cost millions of dollars to air one commercial during the Super Bowl?

Question 8

__________ involves gathering and using information about customers to improve business decision making.
 Fill in the blank(s) with correct word
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2 Replies

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Replies
wrote...
6 years ago
Answer to #1

The product is the game matching the best AFC and NFC teams. Actual ticket prices range from 150 to 500, but individuals may spend thousands of dollars more in travel and hotel costs. Also fans spend much higher prices for a limited supply of tickets. Distribution involves selecting a host city for the event and the television network. Promotion occurs in television commercials, newspapers, sports magazines, and products associated with the Super Bowl.

Answer to #2

Reality television is less expensive to produce than traditional programming.

Answer to #3

Demand and prices for tickets will go up.

Answer to #4

Sports marketing is a multibillion-dollar global industry. The popularity of sporting events has impacted individual and family budgets. Large sums of money are spent on salaries for players and coaches. Large sums of money are also spent by consumers on sporting events and related products.

Answer to #5

channel management, marketing-information management, pricing, product/service management, promotion, selling, and market planning

Answer to #6

product, price, promotion, and distribution

Answer to #7

The Super Bowl is watched by millions of viewers. Commercials cost large sums of money to air during this game because this airtime is in high demand.

Answer to #8

Marketing-information management
lorrkelly1 Author
wrote...
6 years ago
Upwards Arrow All were right, you're seriously the best
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