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Sports 2 - Connections & Contrasts

AB
consumerspeople who USE products
discretionary incomemoney left after expenses have been paid
vendorssellers of products
productsa good or service that any for-profit industry sells to its customers
core productthe main product
ancillary producta product related to or created from a core product
endorsementspublic expression (commercial) of approval for a product
player strikework stoppage
ticket scalpingunauthorized ticket selling
piracyunauthorized use of copyrighted material
royaltypayment to use copyrighted material
product tie-insusing ancillary products for promotion
cross promotioncommunication through which one industry relies on another for promotion
consumer loyaltyhappy customers become repeat customers
sponsorshipthe promotion of a company in association with an athlete, team, or event


Business Teacher
Deer Park High School
Deer Park, NY

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