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SPMT 217 Test 3 Exam Questions With Correct Answers. $10.49   Add to cart

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SPMT 217 Test 3 Exam Questions With Correct Answers.

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SPMT 217 Test 3 Exam Questions With Correct Answers. What company is the top sport sponsor? - answerPepsiCo, Inc. where did sport sponsorship start? - answerLA Olympic Games in 1984 who did AT&T sponsor in the 1984 olympic games? - answerthe first ever cross country olympic torch relay other ...

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  • September 8, 2024
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  • Exam (elaborations)
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  • SPMT 217
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SPMT 217 Test 3 Exam Questions With
Correct Answers.


What company is the top sport sponsor? - answer✔✔PepsiCo, Inc.

where did sport sponsorship start? - answer✔✔LA Olympic Games in 1984

who did AT&T sponsor in the 1984 olympic games? - answer✔✔the first ever cross country
olympic torch relay
other than the olympic games, what influences contributed to sport sponsorship growth? -
answer✔✔increased media interest in sport

what food company sponsors the SEC that was mentioned in the book? - answer✔✔Golden
Flake Snack Food

why is sport sponsorship such effective marketing? - answer✔✔because people see a brand for
longer than a 30 second commercial and they associate the brand with their favorite teams or
games

who decides what sport they cover in a company and why? - answer✔✔a team of marketing
professionals, they do research and decide rather than the CEO making a decision based on his
likes or dislikes

what is usually the first step in measuring an ROI? - answer✔✔consumer surveys

why are consumer surveys not always effective in measuring ROIs? - answer✔✔they aren't
always 100% accurate so they aren't as dependable as a more scientific way

what do companies do to measure ROI? - answer✔✔they hire professional research firms to
perform evaluation research

what firm did the NBA use to measure their ROI? - answer✔✔SRi

what firm did the PGA Tour use to measure their ROI? - answer✔✔Repucom

what is ROI? - answer✔✔return on investment, this means a sponsorship company meeting a
companies specific marketing and sales objectives in a measurable way

, ©THEBRIGHTSTARS 2024
what is sponsorship activation? - answer✔✔sponsorship contracts now include requirements that
the sponsor commit financial resources in support of its sponsorship through promotion and
advertising that includes the sport property's images; the rule of thumb is 3 to 1

what is sales promotion? - answer✔✔a variety of short-term, promotional activities that are
designed to stimulate immediate product demand

what are the different type of sale promotions? - answer✔✔in-venue, in-store, and cross
promotion

what sport uses in-venue promotion the most and why? - answer✔✔baseball, because they have
so many homes games with many seats that need to be filled

what sport uses in-venue promotion the least and why? - answer✔✔football, because the
stadiums always sell out for every game

what are continuity promotions? - answer✔✔getting people to attend more games and getting
something in return for doing so

what are premiums? - answer✔✔in-store promotion, merchandise offered free or at a reduced
price as an incentive to buy a different item or items

what are the different type of in-store promotions? - answer✔✔premiums, contests, sweepstakes,
sampling, point-of-sale or point-of-purchase, and coupons

what is sponsorship? - answer✔✔a variety of marketing-mix elements designed to send
messages to a targeted audience (this is a question on test)

what is the difference between a contest and a sweepstakes? - answer✔✔contest - competitions
that award prizes based on skills and abilities, sweepstakes - games of chance or luck

when is sampling mostly used in promotion? - answer✔✔when companies are promoting a new
product

what is an example of a point-of-sale or point-of-purchase promotion? - answer✔✔end-aisle
units (large cardboard displays) "shelf-talkers" (cardboard displays that hang on aisle shelves),
and banners

what is a freestanding insert (FSI)? - answer✔✔the coupon sections that appear each week in
Sunday newspapers

what is cross promotion? - answer✔✔two or more companies coming together to capitalize on a
sponsorship

who is the got milk campaign a cross promotion with? - answer✔✔Kellogg's and NASCAR,
they were called the PB&J partners

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