Virtual Business Comparisons and Relationship
Ticket Pricing, Franchise Location, Promotions, and Media all play a big role in sports marketing. Franchise location plays a big key role especially. Franchise location tells where you should put your stadium, you would not want your stadium in the dessert, you would want it near a city. When I was playing virtual sports we had to pick a location for our stadium and we have choose whether to put the stadium in a city that has a population of 2,000,000 and very interested in football; or a stadium with 3,300,000 but nobody has heard of football. I choose the 2,000,000 because the stadium can only hold 38,000 people so 2,000,000 is a huge number.
Ticket pricing and Media are also huge! Media gets your team out there. Without media nobody would no of your team. Ticket pricing also plays a huge role because it can judge your revenue and your audience. Obviously you want the seats closer to the field to be more expensive because that is what people will pay more for. If you charged 100 dollars for bleacher seats nobody would come to you're game, you need to be smart and think about how much people can afford.
Promotions is another huge one. Without promotions people would not have as much incentive to go to your game. The thing about promotions is that you cant not have the same promotion over and over again you need to change it up. With a promotion people can get a souvenir and it also helps with advertising. This is why media ticket pricing promotions and franchise location are so important to sports marketing.
Ticket pricing and Media are also huge! Media gets your team out there. Without media nobody would no of your team. Ticket pricing also plays a huge role because it can judge your revenue and your audience. Obviously you want the seats closer to the field to be more expensive because that is what people will pay more for. If you charged 100 dollars for bleacher seats nobody would come to you're game, you need to be smart and think about how much people can afford.
Promotions is another huge one. Without promotions people would not have as much incentive to go to your game. The thing about promotions is that you cant not have the same promotion over and over again you need to change it up. With a promotion people can get a souvenir and it also helps with advertising. This is why media ticket pricing promotions and franchise location are so important to sports marketing.
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