4 Keys to Effective Ticket Pricing

4 Keys to Effective Ticket Pricing
by Kirk Wakefield – November 2016

Leave Emotion at the Door

In a scene from the movie Ocean’s Eleven, Rusty (Brad Pitt) is teaching Hollywood actors how to play poker. During his lesson on “how to draw out the bluff,” he asks a player what the first lesson of poker is. The answer: “Leave emotion at the door!”

Does that lesson sound familiar?

One of the greatest mistakes a sports organization can make is pricing from a sense of pride–Charging what we want or need instead of setting our prices based on fan and market intelligence.

Considering these four key questions will help make good pricing decisions.

Are we pricing to move inventory or leverage revenue?

Ticket pricing isn’t only about numbers. It’s a strategic puzzle. The answer to this question provides you strategic direction and synergy for the season, games, packages, sections and seats. Pricing synergy maximizes value, retention and new sales.

What does the fan & market intelligence tell us?

Decisions based on your intuition and experience alone is basing your plans more on the past than present circumstances. Include in your decision making:

  1. sales reports & forecasts
  2. current industry trends
  3. fan surveys
  4. social media conversations (consider scraping and social listening software)
  5. gatekeeper feedback (ticket office, ticket sales, development staffs)
  6. direct conversations with fans

What is the unique value of each game?

Whether you’re using advance pricing software or a traditional method of pen and paper, recognize each game has unique value. Variable pricing (different price levels for differently valued games) and dynamic pricing maximizes value, revenue and sales. Analyzing what makes each game different from the others helps you set realistic price and attendance targets and also identify segments and groups to target.

What is our inventory analysis telling us?

Using past data and forecasts, ask these 7 inventory questions to maximize revenue for each game.

  1. Which sections do we need to sell each game?
  2. How many seats do we need to sell each game?
  3. Which groups are we targeting for each game?
  4. Which promotions are we scheduling for each game?
  5. What is our plan for distressed inventory should advance sales fall short?
  6. How do game day variables (time, date, opponent, fan experience, etc.) affect each game?
  7. Did we objectively project sales for each group or promotion?

Have these conversations a year in advance to capitalize on year-round sales opportunities and for a runway that is long enough for your external relations team to realize success!

“Pride goes before destruction, a haughty spirit before a fall.”
Proverbs 16:18

 

 

 

Redefining the sports fan

Redefining the sports fan
by Alan Seymour – March 2015

The sports fan redefined?

Are sports fans changing? Recent history and experience suggests they are, for two key reasons:

  1. The power of social media enables the fan experience to enhance the future prosperity of sports brands and properties against competing pursuits. The integration of social media with sporting events makes it unlike any other leisure activity.
  2. The growing importance of fan input on sports properties amidst social media dialogue continues to increase fan identification and engagement with all fan tribes & participants.

The premise that fans create fandoms and tribal associations can be considered a main attribute of sports patronage. Recent surveys & interviews I’ve conducted indicate strong emotional connections, as well as strongly evocative commentaries, among fan tribes.

Social media create distinct and meaningful platforms for fan tribes to flourish. The distinctive nature of immediacy, impact & personalisation enable teams and players to engage in direct dialogue with fans and supporters unlike ever before. The intermingling of Experts, Tribes, and Celebrities via social media exchanges may be referred to as the ETC Phenomenon.

The increasing prevalence of fan tribes

Research suggests fans exhibit characteristics of a cult. [ref]Moutinho et al (2007), “Surf tribal behaviour: a sports marketing application,” Marketing Intelligence & Planning, Vol. 25 Iss: 7, pp.668 – 690. [/ref] There are four distinct types of adherent to this cult of sport, characterized by:

  1. affiliation
  2. social recognition
  3. socialization
  4. symbolism

Football (soccer) is a classic example. Football‐devoted supporters form a kind of cult with a club. We can distinguish distinct fan typologies varying with the level of fan commitment. Members of the cult (or tribe) affiliate through the need for social recognition, socialization and symbolism. Devoted fans gain a knowledge of club association with sponsoring brands, but may not manifest an effective preference towards the brands. [ref] Dionisio et al, (2008), “Fandom affiliation and tribal behaviour: a sports marketing application,” Qualitative Market Research: An International Journal, 11 (1), 17 – 39.[/ref]

My recent research suggests that fan behaviours and associations with new media and technologies reflect their strong patronage and allegiance supporting sports club marketing with corporate partners. Social media involvement within the fan tribe enables new processes for teams to engage with fans. This changing sports media landscape and digital culture now permeates how fans view the team and its associations with corporate partners. How these may lead fans to increase (decrease) loyalty and patronage is open to future research.

Create microfame for fans

Fans are clearly the oxygen of sports business, integral to all strategies from every perspective. Teams should consider the notion of creating “microfame,” where the fan is the true star. Digital campaigns can focus on fostering the growth and community of the fan tribe by generating social recognition for individual fans. Such strategies build a strong socialization within fan communities. A good commercial example is the ‘We Believe’ culture with Harley Davidson followers.

https://www.youtube.com/watch?v=6k0wb6ZK1GM

 

Leading the tribe

To capture the changing fan, teams will need to be loyal, engaged & above all, digitally savvy. [ref]See, Sport Marketing 4th edit. Mullin, Hardy & Sutton (2014); also, see Rein et al (2006).[/ref]  Sports fans are driving new initiatives as key movers & shakers within the industry, rather than acting merely as spectators. The alignment with fans concentrates on involving them as brand advocates, as much or more so than as consumers of the sporting experience. In the new sports business landscape, what happens off the field is becoming as important as what happens on it. What is your team doing to lead the tribe?

4 Keys to Social Selling

4 Keys to Social Selling
by Tim Salier – October 2014

Social selling has become increasingly prevalent in the professional sports sales environment.  For years, the concept of social media in the workplace has been associated with fears of misuse, poor time management and potential disclosure of proprietary information.  However, recent trends have shown that, when used appropriately, social media can be developed into a very effective sales tool.

In discussing the concept of social selling with several members of the Spurs Sports & Entertainment sales staff, four primary steps were identified in developing an effective social selling strategy:

  • Develop your brand/presence on social networks such as LinkedIn
  • Target the “right” prospects
  • Engage with identified prospects
  • Build trust and qualify the prospects

Develop your brand

Allen Schlesinger
Allen Schlesinger

According to Allen Schlesinger, Premium Sales Manager for the Austin Spurs, developing an appropriate personal brand on social networks such as LinkedIn is critical. An appropriate personal profile on LinkedIn should be completed with updated personal information, professional affiliations, an accurate description of your role with the franchise and, most importantly, a professional profile picture.

Target the “right” prospects

Julian Dais
Julian Dais

Both Allen and San Antonio Spurs Premium Account Executive, Julian Dais, agreed that having a strategy to target the “right” prospects is the key to being successful with social media tools such as LinkedIn. The “right” prospect has a unique combination of (1) decision making authority, (2) some sort of connectivity or interest to basketball designated on their profile and, preferably, (3) a shared connection to help with an introduction. Both shared similar thoughts that there isn’t a “perfect” prospect, but there are multiple factors to look for in searching for the people they would like to prospect.

Engage identified prospects

After identifying the appropriate prospects, the next step in effective social selling is engaging those prospects in a way that invites further discussion. Julian and Allen commented that the initial message should include a brief introduction, a reason for reaching out to them and an invitation for further discussion, usually face to face but by phone if necessary. The initial message should be no longer than a paragraph and emphasize the invitation to meet in person for further discussion.

Build trust (and qualify)

The last step in the process is building trust and further qualifying the new prospect to insure an effective face to face meeting. The trust building and qualifying process is usually very similar to a traditional sales call. Use general fact finding questions about past interactions with the team and/or a casual e-mail conversation about mutual personal or professional contacts. After some brief two way discussion and confirmation that the prospect is qualified, a mutually agreed upon meeting location is established and the social selling process commences.

Social = Sales

Over the last couple of seasons, both Allen and Julian have emerged as two of the more effective social sellers within Spurs Sports & Entertainment as well as their respective leagues and sales categories. In fact, Allen is widely recognized at NBA League meetings for his best practice usage of LinkedIn as a sales tool. Averaging approximately ten LinkedIn generated face to face meetings each week, Allen currently ranks as the #1 New FSE revenue producer in the NBA D-League and attributes 90%+ of his new revenue generation to social selling.


Cover photo source: Mark Smiciklas

 

What can teams learn from Manchester United? How to hang out with fans on Google+

What can teams learn from Manchester United? How to hang out with fans on Google+
by Alex Stewart – April 2014

Manchester United is a global brand

Manchester United, along with Real Madrid and Barcelona, have the most fans outside their own country. They can count on fans in emerging markets, especially Asia and Africa.

The Red Devils may be suffering on the pitch currently, with the tenure of David Moyes, Sir Alex Ferguson’s anointed heir, currently a stuttering work of bathos, but their relentless commercialization shows no signs of abating. Indeed, it has become something of a running joke that United cannot seem to win much at the moment except for a slew of endorsements and commercial partnerships ranging from Japanese snacks to diesel engines.

Google+ Campaign

Manchester United has an active, if fairly staid, social presence, but they have recently become one of two clubs (Real Madrid being the other) to begin exploiting the burgeoning potential of Google+. With some 1.15 billion registered users, Google+ is a more dynamic, interactive social platform than the less agile social media such as Twitter and Facebook. United has hosted chats with the team on Hangout, and, most recently, launched Front Row, a campaign to encourage that global fan-base mentioned above to participate in the match day experience.

Using a hashtag-based competition, similar to Juventus’ #LoveJu fan choreography campaign, Manchester United invited fans to submit a picture via Twitter or Facebook using the #MUFrontRow hashtag to show their passion for the Red Devils. Winners were then selected from this group to participate in a Google+ hangout, which displayed their faces on the pitch-side advertising hoardings at Old Trafford, the home of Manchester United, during the showpiece match against north-west rivals Liverpool.

Why the hold up?

Google+ has been around a while, so why has it taken so long for football clubs to recognise and develop its potential?

Clubs’ use of social seems to fall largely into two camps:

  • the sometimes successful tongue-in-cheek conversation with fans via Twitter, and
  • the rather generic release of team information, photos, and match reports via all platforms.

Google+ requires thought in order not to be simply yet another platform on which to post the same pictures and comments. But, with thought, Google+ can be perhaps the most useful of all platforms for clubs.

Google+ fan interaction = community

Fans love nothing more than to debate and discuss, to put questions directly to their heroes, and to feel part of a community. This is especially so when it comes to fans of a team in a foreign country.

If you are a die-hard United fan from Thailand or Ghana, you might never get the chance to go to Old Trafford. Google+ hangouts allow a level of engagement and participation that is immediate, actual, and generates the kind of fan engagement that builds a genuine sense of community.

Circles = Global reach for sponsors

The use of ‘circles’ on Google+ also allows the content managers for United’s social team to tailor material specifically to fans in different countries. This, in turn, has an obvious benefit for a club with specific sponsorship partners in different locations. Those commercial tie-ins can be used only in the circles where the have an impact for the sponsoring partner.

The use of Circles is not the only benefit for sponsors. DHL already hosts the Hangouts with players. AON, the title sponsor of United, sees their logo emblazoned across shirts in every Hangout.

Customized messaging

The tailoring of commercial messages across specific circles can also benefit sponsors. The main plus point, though, is surely that Google+ allows fans across the world to feel connected in a way that other platforms cannot. It creates a direct, bespoke level of conversation, at times a genuinely two-way conversation, with a variety of content that realises and solidifies a fan’s passion for her team.

Football clubs benefit sponsors mostly by positive association rather than direct messaging. The global reach of Google+, married to its ability to create more of a genuine feeling of community than any other social platform, means it could be the most significant vehicle for generating earned media for clubs yet, with all the commercial benefits that entails.

Manchester United might be struggling on the pitch, but in the social space, they’re setting the pace.

Digital CRM is the New Ticket Sales

Digital CRM is the New Ticket Sales
Eric Nichols
Eric Nichols
by Neil Horowitz – April 2014

The most eye-popping statistic shared at this year’s National Sports Forum (February 9-11, Dallas) came from Associate Athletic Director and Chief Marketing Officer at the University of South Carolina, Eric Nichols (@ericnichols):

A $38,000 digital media budget realized $922,000 in track-able ticket sales.

That number is astounding to be sure, but the point isn’t so much the level of success, but that taking shots in the dark in digital should be a thing of the past. Data is the new & reigning king in making marketing, sales, and activation as efficient and effective as possible. Companies like the Property Consulting Group who executed the digital CRM campaign for South Carolina are the wave of the future and the now.

Where do you start?

Before investing in some expensive data mining software or hiring an agency, the first thing to do is commit to integrating social, digital, partnerships, & sales. This means insights and ideas are shared across channels and inform best practices:

  1. Is the sales staff ready for a new marketing campaign and the messaging coming from the team to its fans?
  2. Does the marketing team know what questions, concerns, and suggestions are coming from sales leads and fans?
  3. Are sales and leads acquired tracked by source so the value of digital dollars spent can be assessed?
  4. Are analytics from social media content used to optimize messaging, campaigns, and calls?

    social crm
    Social CRM with Microsoft Dynamics
Ali Towle
Ali Towle

Integration = Sharing

“We’ve gotten better at incubating ideas for web and social media that sales can use in the future,” said Ali Towle, San Francisco 49ers Director of Marketing. A similar sentiment came from Jeff Meyer, Senior Vice President of Event Marketing and Sales for Feld Entertainment. “Our marketing and sales people are one and the same in our organization.”

That sounds all well and good, in an abstract kind of way. But, as is the common refrain in sports, it all comes down to execution. And execution begins with one simple concept: sharing. Sharing data, that is. We may be tired of hearing it, but as long as it’s true we must keep reminding ourselves to eliminate “silos” within our departments.

Understanding what drives sales, what works in marketing, what could be useful for partnerships – all of this data, and the insights drawn from it, should be consistently shared.

Start small and build

Jeff Meyer
Jeff Meyer

We can easily be overwhelmed with the amount of data available. Start with those on your team with the talent and willingness to share and collaborate to reach a common goal. Then begin to utilize big data to get more nuanced with:

  • specific marketing campaigns
  • targeted sales programs
  • sales lead scoring
  • customer relationship management
  • web and email marketing analytics
  • equipping partnerships with data to sell and renew clients

Every action a fan takes to interact with the team is a signal of intent, an insight about their personality, desires, lifestyle, activities, or opinions. The interaction with the customer is where it all starts.

You have a choice: lead or lose

David Peart
David Peart

Leaders in the field of sports recognize that mass marketing campaigns and ticket reps pounding out calls to single-game buyers lists from 2009 are old-school.

As David Peart, Senior Vice President of the Pittsburgh Penguins, shared, “There will be a digital transformation. In the next five years,  we see marketing as primarily digital and social media and ticket sales relying more heavily upon CRM and analytics, as we interact with fans on a 1-to-1 basis where they are and in the way they want to be reached.”

Those clinging to the status quo will be left hanging by a thread. Those who see the future of digital and big data have already begun the transformation. Where will you be?


 Cover photo courtesy of the Digital Traffic Squad.

#LoveJu: How Juventus & Jeep Partner to Target the Digital Fan

#LoveJu: How Juventus & Jeep Partner to Target the Digital Fan
by Alex Stewart – March 2014

#LOVEJU

Juventus, la Vecchia Signora of Italian football, may be one of the most established brands in Italy, but she recently showed the sort of innovative approach to earned media that many newer, more agile brands could only sit back and admire. Using a multi-platform approach to social media, Juventus ran a competition to design a vast choreography within the stadium during the heated match with fellow soccer grandees Inter Milan.

httpv://www.youtube.com/watch?v=foKIndrO6Uc

Users uploaded their suggestions via a Facebook app for a placard-based design to be rehearsed and performed by the Juve faithful as the teams took to the pitch. The app received:

  • 3122 suggestions,
  • over 4000 registered users,
  • 290,000 views, and
  • over 18,000 users voted for their favourite submission online using the #LoveJu hashtag.

This hashtag is itself a superbly crafted example of digital interactivity, a homophonic pun that is simple and appealing, and works on a platform where English is still the most used language.

During the game, the interactivity continued, as tweets using #LoveJu were displayed on the stadium’s massive screens. Many events now have this form of interactivity and it surely cannot be long before most stadiums in Europe follow suit, with the appropriate levels of screening, obviously.

[dropshadowbox align=”center” effect=”lifted-both” width=”650px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]

James Horncastle

“This was a great initiative, yet another example of Juventus’ modernity and innovative thinking. A number of clubs are embracing social media in Italy and doing a really good job at engaging with their support. The other clubs that spring to mind are Milan, Roma, Fiorentina and Parma with Inter and Napoli probably a touch behind though not by much. To return to the #LoveJu initiative, though it looked great and was a real success, I do think fan choreography is at its best when it’s spontaneous and designed by the supporters rather than the club.” ~ James Horncastle[/dropshadowbox]

Proper planning

Juventus’ initiative was over three months in the planning. They have had a digital department for two and a half years, which is longer than many clubs in Europe. I asked whether there were plans to follow up the choreography event and was told, perhaps a little cagily, that “it’s something that could perhaps be considered, but we view this particular event as more of a one-off”. Of course, with the app already produced and the hashtag well established, the nuts and bolts of such an initiative are in place, so any reactivation would be fairly straightforward. Indeed, one might ask why, given its undoubted success, it would not be something that the club would commit to. I suspect that it is an example of comms smoke and mirrors, rather than a genuine likelihood that it was a one-off.

Connecting the dots for sponsors

juve twitterThe Juventus spokesman I spoke with stated that “one of the aims of our social media initiatives is to give visibility to our sponsors.” Of course, this is achieved by repeated visual exposure to the shirt and its sponsor, Jeep. Beyond this, though, and the obvious positive brand association with a widely covered and ground breaking social media initiative, it is difficult to see any immediate, tangible benefit accrued by sponsors.

The predominant benefit for sponsors, anyway, is visual earned media and positive association for fans of the club with that brand. So, in that respect, something which is globally reported and talked about as a viral event achieves that aim. Nonetheless, I suspect that clubs and sponsors are working hard to maximize the earned media potential of social media engagement.

Building the digital fan base

The Juventus spokesman told me that social media is for the club is about:

  1. building a closer relationship with our fans and football aficionados,
  2. understanding their needs and opinions, and
  3. gaining and reaching out to new international fans worldwide.

The digital age has spawned what I like to call the digital fan, someone who may live on the other side of the world, but who feels part of the supporting community and lives that support as part of a connected web of fans, using platforms such as Facebook, Twitter, and YouTube to participate in the supporter experience.

Before you might have been able to buy a club shirt and watch the occasional game on television, but now clubs can generate and drive support and engagement with social media. Fans feel actively part of the community through chat rooms, forums, and other online discussion platforms. Games can be watched on a wide array of satellite channels or live streams online. A digital fan can be almost as engaged as a season ticket holder who sits in the stands every week, and may even be more knowledgeable and active in their online life.

The #LoveJu choreography initiative was clearly designed to tap into this digital fan base and did so, registering interest from all corners of the globe. It is important for the digital fan to feel connected and so the participation rates for effectively planned events are high. Since this captive market puts itself forward to be part of an event, what sponsor wouldn’t want a piece of that action?

Opportunities for global brand partnerships

More and more events of this nature will be coming from clubs with a global fan base.  Global clubs and brands may partner to activate on each other’s websites and feed back into the clubs’ other communication channels to increase visibility and brand engagement. The potential is too big to ignore; where the Old Lady of Turin has led, others will surely follow.

How Can Teams Use Social Media To Build Brand, Develop Fans & Tell Their Story?

How Can Teams Use Social Media To Build Brand, Develop Fans & Tell Their Story?
by Neil Horowitz – February 2014

Before the days of social media, the frequency and avenues of touch points between brands and consumers, and teams and fans, were few and far between. Beyond media broadcasts and ads, team slogans printed, and in-venue experiences, the concept of building a brand and using it to develop fans and partnerships was an afterthought. But times have changed and the ubiquity and depth of social and digital media in sports has made brand building not just a possibility, but a necessity. Teams and their brands are live entities, speaking to, and interacting with, fans on a daily basis.

Why should sports teams care about their brands?

The most successful teams in terms of marketing have fans with whom they’ve built emotional ties. These fans understand:

  • What the team stands for,
  • Why they support them, and
  • The need to evangelize on their behalf.

Do your team’s fans understand their roles in the community? Have you intentionally empowered them by clearly communicating the core values of the team and engaging them in the task of building the fan base? Without a strong brand purpose, this very real and effective value is lost.

Go ahead, make their day

Chris Yandle
Chris Yandle

“If we [interact with a fan on social media], 99% of the time we’re making their day, said University of Miami Associate Athletic Director Chris Yandle (@chrisyandle).”Small stuff like that can make fans feel part of the program and that’s ultimately how we build brand ambassadors who help (further) build our brand…They’ll help amplify our message and fight for our cause.”

While brand ambassadors can deliver direct return by convincing a friend to go to a game, talking up the experience with the team, and generally just promoting awareness and interest for the team, there is more. These super-fans proselytize and spread the team brand even more, developing more fans in the community and defining the team. The Dodgers used social media with great effect to this end, as they sought to win back a fan base that had felt alienated.

Tell a good story

Josh Tucker
Josh Tucker

“I’m trying to tell a story and it’s the Dodgers brand story,” explained Los Angeles Dodgers Coordinator of Social Media, Josh Tucker (@joshbtucker). “It’s having a voice…but staying on brand. You can still have a personality on behalf of the brand; it’s just understanding and finding that voice.”

There is a proliferation of teams trying to cultivate a “personality” on social media, often of an irascible variety, pioneered primarily by the Los Angeles Kings Twitter account. Ultimately, the most effective brand building for teams comes down to trust – developing a lasting, emotionally invested and trusting relationship between fan and team.

Trust doesn’t just happen

James Royer
James Royer

Trust cannot happen with a shower of marketing messages and one-way broadcasting; it takes proactive, two-way engagement. Tampa Bay Lightning Director of Digital and Social Media James Royer (@jamesroyer) spoke of the importance of forming this relationship in order to get the most out of social.

“We saw [social media] as ‘Let’s interact and engage with our fans,’ said Royer. “Let’s earn the right to market to our fans, by engaging with them first.”

What about you?

Think about your favorite pro sports teams. Think about the team you work for. Do you have an emotional attachment? Can you define the brand? Tell the brand story? Are you a fan evangelist? Are your fans brand evangelists?

Social and digital media bring the brand to life, opening opportunities for fan development like never before. Understand its value, use it correctly, and use it strategically. Then that’ll be a story worth telling.

Happy New Year! What’s New?

Happy New Year! What’s New?
by Kirk Wakefield – January 2014

We hope you like the new look of the site that allows us to feature the most recent articles on top and to randomly display some of the 110 articles written in 2013 by leaders in the sports sales industry. You can pull up any month’s articles from the Archive pulldown menu on the lower left or use the search function or navigation bar for topic or author searches.

Sales Industry Survey. Thanks to those who completed our 2013 sports sales industry survey! The NBA, among others, is helping us distribute league-wide. We look forward to sharing the overall results throughout the spring. The survey is still open if you or your organization would like to participate. Click here to take the S3 Sports Sales Industry Survey.

By the numbers.You helped us grow together in our inaugural year in 2013 to attract over 71,000 page views from over 10,000 unique visitors from 114 different countries. We began last January with only 75 of the Baylor S3 advisory board registered to receive S3 Report updates and one year later you have helped us grow to nearly 600 registered users. If you’re not yet registered, we’d like to know who you are–you can register here.[dropshadowbox align=”right” effect=”lifted-both” width=”350px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]

Top Attractions in 2013

Posts with most views in 2013.

  1. Three Steps to Creating an Effective Entry-Level Sales Contest  (August 2013)
  2. Which comes first: Happiness or success?  (June 2013)
  3. The Sales Commandments According to This Disciple (April 2013)
  4. No more cold calls: Three steps to making informed calls and increasing close rates (May 2013)
  5. Sales Training: How to Handle Objections (May 2013)

[/dropshadowbox]

Lead partners. This past year has also seen our corporate and team support grow for the Baylor S3 program and the S3 Report. These organizations are leaders who partner with us in the classroom offering dedicated projects for S3 students and also lead the way in financially supporting the educational process for students and the industry alike. We’re proud to include Academy Sports + Outdoors, AT&T, BAV Consulting, the Dallas Cowboys, Houston Texans, Phillips 66 and Schlotzsky’s in this group. If you are interested in supporting education with a gift to the S3 academic program which produces the S3 Report, you may do so here.

Contribute. The S3 Report is an open forum for exchange of ideas and best practices in sports sponsorship & sales. If you have ideas or interest in contributing content for the common good, please email here. The S3 Report offers you a way to give back to others by sharing what you’ve learned to be successful and to receive help from so many others who want the industry to grow. Maybe your article will be in the Top 5 in 2014!

What do college graduates have to offer the sports industry? Fresh Legs!

What do college graduates have to offer the sports industry? Fresh Legs!
by Laura Cade – January 2014

Fans today demand access to a second screen experience to stay connected during the game, rather than just sit there and watch the entire event. So how can organizations respond to this trend with a changing viewing audience? They need some fresh legs: Young adults who bring an innovative, creative energy to the sports industry.

With kids coming out of college looking for their first job in sports, the market for sales men and women has gone up. Most organizations are beginning to see the value in recruiting college grads to bring a new perspective to the sports world in ticket sales, sponsorship activation, and CRM. Lynn Wittenburg, SVP of Marketing at the Tampa Bay Lightning, said, “Most sports organizations are looking to reach a younger audience, so [young adults] usually have great ideas on how to get more young people engaged and coming to games.”

Lynn Wittenburg

As soon-to-be college grads completing majors in this field we have the opportunity to bring “fresh legs” and fresh ideas to the sports industry for three reasons.

Mobility

First, young adults are mobile. We should not be averse to moving away from home to begin a career.  Besides, industry stats tell us that we can expect to change jobs/organizations/employers many times. If we want to seize the opportunities, we can’t afford to have an emotional attachment to a given place. Instead, we  breed a “front-runner” mentality that maximizes potential instead of settling for what’s comfortable.

Technology

Young adults accept technology as part of everyday life. Immediate gratification/access to information is desired, if not required.  This generation feeds on new content on a frequent basis to maintain interest and to connect with others. Younger people are more adept at multi-tasking and dealing with a broad range of inputs and managing despite distractions. Whereas older individuals may require peace and quiet to work, the younger set can easily incorporate new technology and interruptions and move ahead. This is where we have some of the greatest opportunities to stand out.

Katie Morgan, Director of CRM and Corporate Services at the American Airlines Center, said, “College grads need to improve on new technology once they get into their job. Step up and take the lead.”

www.linkedin.com/in/katiecrawford12

Selling the Experience

The game is the focal point but is marketed more for experience and atmosphere rather than a sporting event.  Even inside the stadium or arena, the presentation is chock full of pulsating music, cheerleaders, dancers, pyrotechnics, and gigantic video screens. Some people come just to see the in-venue charades rather than the actual gameplay. Compared to traditionalists, college students know that the experience of going to a game has become just as important as the event itself.

Overall, young adults in the sports industry can bring new life and a new approach to sales, sponsorships, and CRM. We enjoy the ever-changing atmosphere of sports and we want others to experience the same thrill we do as we start a career in sports.


Cover photo courtesy of BaseGreen.

Does using social media in selling increase performance?

Does using social media in selling increase performance?
by Wayne Guymon – October 2013

Social Media is all fun and no work, right?  Those “millennials” are always on their phones, checking Facebook and “LOL’ing” with their friends.  It always seems to be “tweet this” and “hashtag that.”  I can hardly understand what they are saying sometimes!

The truth of the matter is that social media, when used effectively, can be an extremely beneficial tool.

A study of business-to-business salespeople found that 42% frequently use social media in their selling efforts to:

  1. Build awareness.
  2. Prospect.
  3. Obtain leads.
  4. Connect with customers and keep them feeling important.
  5. Maintain good business relationships.
  6. Obtain referrals.
  7. Communicate thoroughly.

As we might guess, 73% of millennial’s use social media in selling, while 60% of Gen X salespeople do, and only 33% of baby boomers.

More importantly, the sales performance of those who use social media in these ways is significantly higher than those who don’t.

During a recent brainstorming session with one of my sales AE’s, we pulled up a prospective partner’s Facebook page.  By literally spending a few minutes browsing the page, we completely overhauled our proposal to incorporate some themes that we discovered.  When we subsequently made the pitch, the client remarked on how our theme was spot-on with their current objectives.

While there are plenty of fun and games involved, used effectively and efficiently, social media can help lead the sales charge for your sales teams.

How about your sales team?

At your next sales team meeting, see how your group is doing by asking the questions below.

How can we use social media and which social media (Facebook, LinkedIn, Twitter, Vine, Instagram, blogs, etc.) work best to:

  1. Increase your awareness among potential and current customers?
  2. Prospect new customers?
  3. Obtain leads? Referrals?
  4. Connect with customers and make them feel important?
  5. Maintain good business relationships?
  6. Communicate thoroughly?

We’d like to hear what you come up with! We’re all learning together! Tweet to us @BaylorS3 and @Wguymon. #sellsports


Join the S3 Report.

The study of 309 B2B salespeople from a national sample was conducted by: Schultz, Robert J., Charles Schwepker, and David J. Good (2012). “An exploratory study of social media in B2B selling: Salesperson characteristics, activities, and performance,” Marketing Management Journal, 22 (2), 76-89.

Cover photo courtesy of Leah Carroll.