'With Specific reference to the marketing of sports development initiatives, discuss and evaluate the most important components of the marketing mix and consider their relevance to the customer'.

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Marketing Assignment

‘With Specific reference to the marketing of sports development initiatives, discuss and evaluate the most important components of the marketing mix and consider their relevance to the customer’. 

Once the Organisation or Company has developed its marketing strategy and the Target Market has been identified, it can begin to plan the marketing mix. The marketing mix is one of the dominant ideas in modern marketing. The marketing mix is the combination of four variable controllable tools: (below)

  • Product
  • Price
  • Place
  • Promotion

(Kotler, 2001)

These four tools are known as the 4P’s, the Product is what is offered to the customer, which can be tangible for example; a football pitch, or the product could be intangible for example; a sports development programme.

The Place is the location where the product is offered to the customer. It can be either physical location for example; a Football Stadium, or it can be a chain of distribution for example; a sports shop where you buy clothes to take home.

The Price is how much the product costs. The price can be varied, depending on how much the customer values the product for example; a top golf course will cost more to be a member due to its reputation and appeal, although the facilities may not be better than a regular course. The Promotion of a product is the ‘communication’ to the market – known as marketing communications. (Roberts, 2001)

When marketing sports development initiatives it is important to use the marketing mix so that you are able to provide specifically for your target market. The type of consumer that is your target market very much affects the marketing mix. The consumer’s socio-economic status is likely to influence their buying behaviour; for example a person who has a low amount of disposable income is unlikely to be able to pay for a Snowboarding Trip to Canada. Also the type of product affects the marketing mix, whether it is tangible or intangible – this will obviously affect how you present your product. There are several factors which affect how a product marketed.

When promoting your sports development initiative or programme, it is essential to use the most effective marketing communications to reach your target market effectively. There are several types of marketing communication such as Advertising, Personal Selling, Sales Promotion, PR & Publicity and Direct Marketing (Kotler, 1997).

Businesses/organisations need to make people aware of the product or service – therefore the Promotion needs to be effective by being appealing & informative.

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To reach a target audience which might be geographically dispersed. Many sports development initiatives are aimed at specific target audiences e.g. Young, Elderly. It is important when marketing that effective market research is conducted so that the identification of suitable market targets can be made. Within this you may have to consider market segmentation, where concentrating the marketing plan to recruit/attract from a specific demographic component of consumer. For example: any initiatives aimed at young people would have to be accessible & so they may have to be stage/held locally within communities, or in school holidays, after school etc. To ...

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