You are required to develop your own marketing plan to launch a new start-up women's basketball team that will be joining the WNBL next season. The plan should be high level, and include strategies...

1 answer below »

You are required to develop your own marketing plan to launch a new start-up women's basketball team that will be joining the WNBL next season.


The plan should be high level, and include strategies and tactics you would use to develop the brand for the new team. The plan will cover the three weeks before the season begins and the first three weeks of the season, where the new team—Wollongong Wasps—play their first three weekly games at home. Your budget is limited to$20,000, so TV advertising and expensive promotion is not viable.


Use the strategic sports marketing planning process to identify and summarise marketing opportunities for the Wollongong Wasps.



Layout


Your summary (approx. 1000 words) should include:


An analysis of the external environment (covered in Week 2) including:



  • the forces driving industry competition

  • the publics to be served.


An internal analysis (covered in Week 2) of the Wollongong Wasps including:



  • a brief summary of the team brand

  • a SWOT analysis.


A market intelligence summary (covered in Week 3) including:



  • a summary of the relevant marketing segmentation variables (i.e. demographics, psychographics, behavioural) for the Wollongong Wasps.


Marketing mission and objectives (covered in Week 4) including:



  • the specific marketing mission and objectives for the three weeks before the season begins and the first three weeks of the season.



Reference list (not included in word count)


Include with your submission a reference list citing your research sources and any other reference to work not your own. You may also choose to include an appendices with resources (data, images, etc.) to support your plan.

Answered Same DayJul 21, 2021SPO20001Swinburne University of Technology

Answer To: You are required to develop your own marketing plan to launch a new start-up women's basketball team...

Soumi answered on Jul 23 2021
153 Votes
SPO20001: Sports Marketing
Assignment 3: Sports marketing plan - part A
Word limit: 1000 (+/- 10%)
External environment analysis
External environments play a very crucial role in the development of a specific marketing organisation. In this scenario, the key focus i
s upon creating a sports team and for that focusing upon the different activities in the surrounding environment matters a lot. Besides that, the external environments tend to have a great influence on the different scenario in the development of the establishment of a sports team. The whole scenario is taking place in the context of Australia. The basketball team that is initiated to be organised is in a place called Wollongong (Grant 2019). The four main elements are discussed below with keen observation.
Competition
There are a number of different groups, which are also focused upon this kind of games and franchises. In the global platform, that is why there is a huge competition between different countries and different groups. The countries actually have to focus on the different implementation of the strategies so that they can survive the fierce competition of the external world.
Technology
Australia has a very high technological platform, which can be used in the development of the basketball team (Higgins, Milne and Van Gramberg 2015). Different types of equipment can be designed for the up-gradation of the club and the sports practice as well.
Socio-Cultural
Basketball is a very popular game and that is why it can be said that the economy if the country has a very great influence upon it. Sports are considered as the platform, which can enrich the quality of life. Australia is already such a country that has a lot of wealth, culture and quality of life and that is why, the people here are very much energised and they have a lot of positivity.
Political
For the political environment, it can be said that Australia is a part of the national commonwealth and besides that, it shares a very close relationship with the United States and that is why, it has a very positive effect upon the development of the basketball team, which is initiated to be established. However, economically Australia is the 13 largest economical country still sports are considered a very important platform for the development of the economy of a country.
Thus, the four elements — competition, technological, socio-cultural and political factors play a very crucial role as external factors in the establishment of this sports club.
Internal analysis
Wollongong Wasps is one of the basketball sports clubs, which is a new start-up basketball team. In this context, it can be noted that this team is going to...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here