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Lesson 2.1 Sports & Entertainment Marketing Defined Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.1 "I'm tired of hearing about money, money, money, money, money. I just want to play the game, drink Pepsi, wear Reebok.” - NBA Star, Shaquille O'Neal Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.1 What is Sports & Entertainment Marketing? To define Sports & Entertainment Marketing, you must first understand the foundation of the term: Marketing Sports Entertainment Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.1 Marketing Sports The process of developing, promoting, and distributing products, or goods and services to satisfy customers’ needs and wants Entertainment A source of diversion or physical activity engaged in for pleasure Copyright © 2014 by Sports Career Consulting, LLC Whatever people are willing to spend their money and spare time viewing rather than participating What is SEM? LESSON 2.1 Leisure Time It is the goal of the sports and entertainment marketer to provide a product or service that can satisfy the needs and wants of those individuals who choose to be entertained during their leisure time Copyright Leisure time is the time available to people when they are not working or assuming responsibilities, often times referred to as “free time” © 2014 by Sports Career Consulting, LLC LESSON 2.1 REVIEW (ANSWERS) What is SEM? 1)Define sports marketing and entertainment marketing Sports marketing is the act of using sports as a platform to market products or services and increase sales or the process the of marketing and selling the sports property itself Entertainment marketing is the process of developing, promoting, and distributing products, or goods and services, to satisfy customer’s needs and wants through entertainment, or any diversion, amusement, or method of occupying time Copyright © 2014 by Sports Career Consulting, LLC What is SEM? LESSON 2.1 Blank Slide Available for Teacher Edits Copyright © 2014 by Sports Career Consulting, LLC