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Lap 17
Lap 17
7
Marketing
12th Grade
09/24/2012

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Cards

Term
Ambush marketing
Definition
A promotional technique whereby a non-sponsoring business tries to associate with an event in order
to gain recognition as a sponsor
Term
Exclusive sponsorship rights
Definition
A contract agreement whereby a sponsoring business will be the only provider of the good
or service for a sport/event
Term
Exploit the sponsorship
Definition
To productively utilize every promotional avenue available to gain brand recognition in
association with a sponsored entity
Term
Return on investment
Definition
Net profit divided by investment or the “bottom line” on how successful an ad or campaign was
in terms of what the returns (generally sales revenue) were for the money expended (invested)
Term
Sponsor
Definition
The exchange of money, goods, or services between businesses or organizations for public recognition
Term
Sponsorship
Definition
The provision of financial or other support to an entity in exchange for public exposure
Term
Sport/Event entity
Definition
An athlete, team, league, or event on a local, regional, national, or international level
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