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Wk11 l1 Event Marketing

Apr 06, 2018

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Irfan Ullah
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    1

    EVENT MARKETING

    HM 648 Sport Event

    ManagementWeek 11 Lecture 1

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    Event Marketing:the process of maintaining a match between the

    needs and motivations of an events audience and itsprogram of activities and supporting services

    (Harris & Allen, 2002,p:105)

    The Marketing Plan:

    framework for decision making

    identifies needs/expectations of target group

    sponsorship government funding

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    The Marketing Process:

    Strategies - techniques & tools of marketing

    Influences demand - promotes awareness, motivatesand captures market

    Supply - reflective of markets needs & expectations

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    The Marketing Process:

    1. Product Planning - intelligence gathering

    2. Service Analysis

    3. Competition Analysis

    4. Marketing Mix Analysis5. Determine Target Market

    6. Setting Marketing Objectives/Strategies

    7. Action Plan

    8. Market Plan Evaluation

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    The Event Consumer: The convincing Process:

    Use of images of event

    Careful Selection of draw card

    Use of testimonials

    Identify any special characteristics of event

    PIECE Model (Morgan, 1996)

    5 Principle Motivations (Uysal, Gahan & Martin,

    1993)

    Social Factors (Morgan, 1996)

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    Product Planning & ProductDevelopment:

    Marketing Research:

    quantitative - surveys / statistics

    qualitative - focus groups / interviews

    Sampling:

    Be careful to avoid a bias / skewed outcome

    Random selection

    Case study

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    Service Marketing: Demand

    Basic characteristics of services:

    intangibility

    variability

    inseparability

    perishability

    marketing plays a key role in helping to negate theabove aspects

    a service lacks a physical presence - often moredifficult to consumers to grasp

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    Further Analysis: Demand

    Competitor Analysis:

    what other services are competitors

    what are the strengths & weaknesses

    how will they be addressed

    Analysis of Market Opportunities:

    market penetration

    market development

    product development

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    The Marketing Mix: supply

    The four Ps:

    product

    price

    place

    promotion

    Determining the Target Market:

    SWOT analysis provides insight into potential

    markets should consider market segmentation variables

    (geographic, demographic, socioeconomic,

    benefits sought, repeat attendees)

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    The Marketing Plan Marketing Goals:

    To increase total attendance through improvedmarketing

    To expand the market area and attract moreovernight tourists

    Marketing Objectives:

    should reflect the goals of event

    set objectives in terms of attendance levels &profit

    SMART principle

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    The Marketing Plan - strategies

    Differentiation Strategy

    Market Penetration Strategy

    Market Focus Strategy

    Reformulation Strategy

    Market Development Strategy

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    Marketing Communication Mix

    Advertising:

    paid form of non-personal communication

    Ability to reach large audience

    Communicate image based messages

    Personal Selling:

    Involves direct contact Allows for instant feedback

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    Marketing Communication Mix

    Sales Promotion: Activity to stimulate sales Adding extra value or incentives

    PR/Publicity: Evaluate existing public attitudes Identifying events activities with public attitudes

    Media release

    Direct Marketing: Database management Telemarketing

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    Market Plan

    Market Plan:

    segment/target market

    event/service

    4 Ps

    goal/objectives/strategy

    Action Plan:

    objective

    strategy action

    by whom, $, time-line, completed

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    Performance Measures:

    Performance measurement of marketing strategies:

    attendances

    corporate support

    merchandise sales

    raised income

    surveys

    focus groups for feedback

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    Lecture Question

    1. Select an event you are familiar with and write amedia release to launch the event

    HINT!

    Your media release should have:

    a brief and stimulating headline

    a catchy newsworthy theme

    information/message

    picture opportunity times & location

    contact details

    date of press release embargo sets the date forrelease