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Marketing Principles Exam Review- Unit 2: The Sports Market

Key Terms from Unit 2.

AB
NCAAa national organization that governs college athletics and oversees important decisions pertaining to athletes.
Amateur Athletesa person who does not get paid to play sports.
Professional Athletesan athlete who has the will and ability to earn an income from a particular sport
Sports Marketingthe marketing activities designed to satisfy the needs and wants of sports consumers.
Extreme Sportssports that involve non-traditional methods of athletic competition.
Title IXa law that bans gender discrimination in schools that receive federal funds.
Grassroot Marketingrefers to marketing activities on a local community level.
Tangible Productsphysical goods that offer benefits to the consumer.
Product Linea group of closely related products manufactured and/or sold by a company.
Infrastructurethe physical development of an area, including the major public systems, services, and facilities of a country or region needed to make a location function.
Market Segmentationa way of analyzing a market by specific characteristics to create a target market.
Intangible Productsnonphysical service such as tennis lessons, personal training, or sports camps.
Sports Productsgoods, services, ideas, or a combination of those things related to sports that provide satisfaction to the consumer.
Sports Franchisesports in an agreement or contract for a sports organization to sell a parent company's goods or services within a given area.
Opportunity Costthe loss of the opportunity that is passed up in order to receive something in exchange.
Product Mixthe total assortment of products that a company makes and/or sold by a company.
Sports Consumera person who may play, officiate, watch, or listen to sports, or read, use, purchase, and/or collect items related to sports.
Marketingthe process of developing, promoting, and distributing products, or goods and services, to satisfy customers’ needs and wants.


Business Education Teacher
Oak Mountain High School
Birmingham, AL

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