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SEM 1.01-1.04 Vocabulary

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Sports MediaAny sporting event or news broadcasting through a media outlet.
Non-sporting eventAny event that does not incorporate sports (plays, concerts, festivals)
Sports marketingThe process of planning and executing the conception, pricing, promotion, and distribution of sports ideas, goods and services to create exchanges that satisfy individual and organizational objectives.
Event MarketingDesigning or developing a live themed activity, occasion, display or exhibit, such as a music festival or concert to promote a product, cause or organization.
BrandAll the combined impressions and experiences associated with a particular company, good, or service
GoodsTangible objects that can be manufactured or produced for resale
IntangibleNot capable of being detected through the senses
Licensed merchandiseGoods bearing the name or logo of a sport/event product produced and distributed by an authorized manufacturer
SponsorBusinesses or organizations that pay to associate their names or products with a sporting event.
Personal TrainingThe process of getting ready to compete (participating in an exercise class at the local health club, etc.)
Sanctioning BodyAn organization that has regulatory function that creates the rules for the participants (ex. NCAA, NASCAR, etc.)
Owned-goods servicesAn area of service retailing that involves repairing, changing, improving or maintaining a good that the consumer has already purchased
perishabilityA product’s ability to withstand being stored
qualityThe degree of excellence of a good or service—how good it is
rented-goods servicesAn area of service retailing that involves giving consumers limited use of a good for a certain period of time
separabilityA product’s ability to be considered apart from its provider
servicesIntangible activities that are performed by other people for money; productive acts that satisfy economic wants
smoothingOffering a discount to consumers for purchasing products that otherwise would go to waste
tangibleCapable of being touched, smelled, tasted, seen, or heard
venuesBuildings or places where sports and events occur


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