In 300 words list three marketing ideas you could apply to c

In 300 words list three marketing ideas you could apply to consumers within this sports marketing niche with the goal of creating competitive advantage and a return on investment for the team.

Solution

Sport marketing is different from other marketing of products and services prevalent in the business world. To take competitive advantages, organizations must have the following strategies to deal with its marketing efforts and initiatives,

1) Customer relationship Management :

A business may get great response from its customers by associating itself for the support and help to its valuable customers. CRM is a practice through which a company get better relationships with existing customers. It will be helpful in maintaining the new set of customers. A company having sport products and services must utilizes unique practices to gain favourable relationships where marketers people will recommend its products and services to other organizations, players, wholesalers, retailers, franchises, and other stakeholders involved.

2) Vale delivery/ Positioning:

Value means when we provide a bunch of benefits in the proportion of prices or cost to the customers. For example: If, a company manufacturing Football then it must have those standards which are required by international organization and players. If, prices will be normal as compared to the utility then customers will understand the value of the products offered by this company.

To create a sound positioning in sport sector stakeholders, a marketer should try to provide them value proposition.

3) Advertising and promotion :

A company must try to market its product in the target market. The advertising must be so balanced that its cost will be lower one. It should be utilizes sample products distributions to players having low income, sport sponsorships , road shows, logo , tagline , social media promotion, TV commercials, magazines, newspaper advertising , hoardings, neon sign boards, vehicle advertising, and world of mouth publicity etc.

If, company will host tournaments, sport events etc. at school level then it will increase its brand value in the market. It will be good to have Celebrity endorsements by inviting inspiring youth and experience players so that attracting larger segment of customers for selling the sports related products and services.