A live sports event is an inconsistent and unpredictable product. Ideally it is not possible to predict the outcome of a match. As a consequence, the most important element in the marketing mix - the Product - is beyond the control of the marketing team/manager. There is no way the marketing team can modify the product to suit the need or want of any specific customer and/or segment. Given this situation, what do you suggest can be the generic positioning strategies for live sports events?

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter6: Target Markets: Segmentation And Evaluation
Section: Chapter Questions
Problem 2DYMP
icon
Related questions
Question

A live sports event is an inconsistent and unpredictable product. Ideally it is not possible to predict the outcome of a match. As a consequence, the most important element in the marketing mix - the Product - is beyond the control of the marketing team/manager. There is no way the marketing team can modify the product to suit the need or want of any specific customer and/or segment. Given this situation, what do you suggest can be the generic positioning strategies for live sports events? 

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Marketing
Marketing
Marketing
ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing