Thursday, July 25, 2019
Marketing And Sponsorship For Events And Sports Essay
Marketing And Sponsorship For Events And Sports - Essay Example The teams will be composed of players from various universities, an all-star game of sorts. Having these players participate in the game will increase the interest of the target audience. Amateurs may draw inspirations from these games, and eventually apply the techniques in their own fields. Part of the organizerââ¬â¢s marketing plans is to do radio advertisements two weeks before the event. Utilizing above-the-line media will expand the organizerââ¬â¢s reach and will definitely elicit interest among listeners. Below-the-line media such as posters and flyers will also be used. To support the marketing budget, sponsorships with media and consumer groups shall be initiated. This will result in support in terms of budget and promotions. At the end of the event, the organizers targets for the audience to have increased interest in sports, consequently increasing inquiries in sports-related courses and programs. II. TARGET MARKET III. SWOT a. Strengths ââ¬â Middlesex University in London is known for its support to Sports Activities. In fact, its involvement in sports activities goes to the extent of encouraging its students to participate and volunteer in sports-related activities. Further, as stated in its website, picking which sports to participate in is a studentââ¬â¢s second major decision after selecting the course to take (Middlesex University London 2012). Its expertise and participation in sports activities in the city is a good work ground in implementing this Sports Open Day. Another factor that may considered as strength is the Londonersââ¬â¢ obvious love for sports, which was probably fueled by the cityââ¬â¢s hosting of the 2012 Olympics. The clamor for sports activities is still lingering, and the youth are the best group that considers sports-related activities a one of their priorities. b. Weakness ââ¬â Activity-related funds are still being built up, with great dependence on sponsorships. Though a lot of organizations and co mpanies have the capacity to pledge support for the program, the universityââ¬â¢s challenge is to be able to get the needed funds to ensure success of the event. Further, the organizers should be able to come up with the needed funds within a span of less than two months, a feat that is achievable, but would entail hard work for the marketing committee team. c. Opportunity ââ¬â The city government of London has promised to put in more support in sports-based activities through the mayorââ¬â¢s legacy projects (Increasing opportunities to play sports 2012). Middlesex Universitiesââ¬â¢ Sports Event is aligned to this goal, and as such, the situation provides a great opportunity for the marketing and promotions with the support of the local government. Having this kind of supporting environment strengthens opportunities to the event organizers. d. Threats ââ¬â No known major threat has been identified, though probably, the presence of sports-related campaigns that are m ore commercial in value lessens the attractiveness of this endeavor. The organizers however would still want to capitalize on this threat and use it to the eventââ¬â¢s advantage by not antagonizing mainstream efforts. Bringing in sponsors from the mainstream group will address this threat as having consumer companies participate in the Sports Open Day would mean opening doors to a wider market reach. IV. OBJECTIVES The
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