Greeting everyone, we are Tin and Martin. We are here to lead you to a new journey in building your sports business. As you know, there are many factors that affect a stable company. And one of those elements is the advertises. That’s why we build this blog to help you understand more about it.
Each type of business needs different kinds of advertising. Therefore, before starting, we want to analyze the kinds of sports business we have found out. The list below will point sports business type and its concept. Now, let’s begin!
1. Professional sport
This industry includes performing that brings entertainment. This area has various kinds, but they all have in common is shown on television. They receive money from multiple sources: selling tickets, advertising, calling for fund and investment, etc.
Examples: X games, Ninja Warrior, NFL, NBA, WWE …
2. Sports Equipment and Apparel
Participating in any sport requires separate equipment. This industry brings personal equipment and apparel in different games. They get profit most from selling. E.g. Nike (as a manufacturer) and Sport Chek (as a supplier)
3. Sport facilities
Of course, in every sport need a place to perform. Sport facilities business bring a renting service to the customer. Stadiums, gyms, and swimming pools are examples.
4. sport nutrition supplements
The human body, especially athletes or sports players, needs a large amount of nutrients. Nutritional manufacturers provide separate and appropriate nutritional products for sports participants. Some brand like
Popeyes Supplement (as a supplier) and Inlife (as a manufacturer) are instances.
source: www.popeyesamerica.com
Did you find something similar to your business? Is there anything that we can add in? Please let us know in the comments.
Tin and Martin
Reference:
The Sport Business Industry, Bellerophon Productions. (n.d.). Retrieved from The Sport Business Industry: http://www.bellerophonproductions.com/FOSM.pdf
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