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lesson 4
lesson 4
14
Sports
11th Grade
03/04/2014

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Term
sports consumer
Definition
a way of analyzing a market by specifice characrtriticss
Term
market segmentation
Definition
way of analyzing a market to targetmt
Term
demographics
Definition
decribs a population in terms of personal charcheristices and ethinc backgroundd
Term
geographics
Definition
refers to sgmention of the market based on where people liveg
Term
psychographics
Definition
involoves grouping peoople with similer lifesylesp
Term
sports products
Definition
the goods services ideas combination of those things relatedp
Term
tangible products
Definition
phsical goods that offer benefits to concumert
Term
intangible products
Definition
non phsical service such as tenni lesson sports campsi
Term
opportunity cost
Definition
the loss of opportunity that is passed up in order to receiveo
Term
infrastructure
Definition
location functioni
Term
sports franchise
Definition
nationla sports leguals
Term
grassroots marketing
Definition
local communicat leverg
Term
opportunity cost
Definition
loss of somthing in oder to recevi exchango
Term
infrastructure
Definition
thinjg neeed to make a local functioni
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