Game day Management

profilemattymatt121
9781284142167_SLID_CH13.pptx

Chapter 13

Event Management

1

Introduction

Sport event management

All functions related to the planning, implementation, and evaluation of a sport event

Requires: Finance/budgeting, risk management, tournament operations, registration, volunteer management, and event marketing

2

History

Late 1800s: Focus turned to the professional aspects of managing sport events because of a desire to increase profits (Albert Spalding)

Barnstorming tours: The touring of star athletes and teams to promote the popularity of a particular sport

Emergence of sport management/marketing agencies (i.e., IMG) initially established to represent the legal and marketing interests of athletes

Agencies are businesses that act on behalf of a sport property (i.e., a person, company, event, team, or place)

Agencies have expanded to incorporate myriads of functions beyond representing athletes

3

4

Agency Functions (1 of 2)

Client representation: Acting on behalf of a client in contract negotiations

Client marketing: Locating appropriate endorsement opportunities, booking appearances, and developing entertainment extensions

Event development and management

Meeting increased demand for television production and development work

5

Agency Functions (2 of 2)

Soliciting corporate sponsorships

Hospitality services

Developing/marketing grassroots programs

Evaluating the success of events and initiatives through market research: Implementing mail surveys, focus groups, on-site surveys, and sponsorship/economic impact surveys

Financial planning

6

Types of Agencies

Full-service agencies perform the complete set of agency functions (e.g., IMG, Octagon)

Specialized agencies limit either the scope of services performed or the type of clients serviced (e.g., Redmandarin)

In-house agencies are formations of separate departments or divisions dealing with event management within major corporations

7

Event Management Functions

Nearly all event managers must oversee the following critical functions:

Finance/budgeting

Risk management

Tournament operations

Registration

Volunteer management

Event marketing

8

Event Management Functions: Finance/Budgeting

Critical to successful sport event management

Budgeting attempts to predict revenues and expenses for a particular event

Zero-base budgeting: Review of all activities and related costs of an event as if it were the first time

Cash-flow budgeting: Accounting for the receipt and timing of all sources and expenditures of cash

9

Event Management Functions: Risk Management

Protecting the organization from anything that could possibly go wrong and lead to a loss, such as financial loss, equipment or property damage, loss of goodwill, and loss of market share

DIM process: Developing, implementing, and managing the risk management plan

Waiver and release of liability: Form signed by participants and volunteers that releases venue and event managers from negligence

Purchasing insurance: Provides security to an event regarding potential financial losses

10

Event Management Functions: Tournament Operations

The nuts and bolts of an event

Divided into pre-event, actual event, and post-event

Pre-event: Determine type of event and the event’s goals

Script: Specific, detailed, minute-by-minute schedule of activities throughout the event

The time of day and what is taking place

The operational needs (equipment and setup surrounding each activity)

The event person(s) in charge of each activity

Post-event: Activities surrounding completion of event

11

Event Management Functions: Tournament Operations – Planning (1 of 2)

Venue plan and layout

Equipment and facility needs

Schedule of activities

Sponsorship needs

Signage commitments and locations

Food and beverages

Merchandise sales

Media concerns

Promotional activities and needs

12

Event Management Functions: Tournament Operations – Planning (2 of 2)

Transportation concerns

Housing of athletes

Staff communication

Personnel responsibilities

Lines of authority

Security issues

Americans with Disabilities Act requirements

Policies to address other legal concerns such as alcohol use

Crowd control

13

Event Management Functions: Registration

First time event staff members come into contact with participants

Registration system: Crucial for making a good first impression on clientele

Determining information that needs to be collected and disseminated during the registration process

14

Registration Considerations

Number of participants who will be registering

Information that needs to be collected from or disseminated to the participants (e.g., waiver forms, codes for sportsmanship conduct, inclement weather policy, event schedule)

Registration fees that must be collected

Determine whether identification is needed (e.g., regarding age limitations)

Collect information manually or via a computer system

Determine whether the event involves minors who require the signature of a parent or guardian on a waiver form

15

Event Management Functions: Volunteer Management

Events from local races to the Olympic Games rely on volunteer help

Volunteer management staff supervise the volunteers involved with an event

Working with event organizers and staff to determine the areas in which volunteers are needed and the quantity needed

Soliciting, training, and managing the volunteers

How to keep volunteers happy?

16

Event Management Functions: Event Marketing

Integrated marketing approach: Corporate sponsorship, advertising, public relations, hospitality, ticket sales, broadcasting, website development, licensing/merchandising, fundraising

Integrated marketing entails long-term strategic planning to manage the nine main functions in a consistent manner

ED: Removed boldface and ending period, closed up fund-raising

17

Event Management Functions: Corporate Sponsorship

Increase in number of events has led to an increase in competition for sponsors

Events have become increasingly reliant on sponsorship

Either sold by the event (in-house) or by an outside sport marketing agency (IOC)

18

Event Management Functions: Advertising

Advertising expenditures are a very minor portion of an event’s expenses

Advertising sought through one of two means: (1) media sponsors or (2) attachment to corporate sponsor advertisements

Nearly all successful events sell sponsorships to media outlets

In-kind sponsorships: Event provides the typical sponsorship benefits in exchange for a specified amount of free advertising space

20

Event Management Functions: Public Relations

Generating free publicity is important

Must develop a good working relationship with the members of the media (e.g., through hospitality)

Event must be creative to attract interest

21

Event Management Functions: Hospitality

Providing a satisfying experience for all stakeholders of the event, including participants, spectators, media, and sponsors is one way of improving event loyalty

Sport sponsors use hospitality to:

Reward and build relationships with current customers

Generate business from new customers

Reward employees for good performance

Reward suppliers for excellent sales

Hospitality is one of the 10 most common functions of a sport agency

22

Event Management Functions: Ticket Sales

Sporting events rely on ticket sales to varying degrees

For medium-sized and smaller events, ticket sales are a less effective way to generate revenues

Ability to charge admission is dependent on where the event occurs and how easily the event manager can control entry to the event (e.g., golf)

Impact of technology

23

Event Management Functions: Broadcasting

A wide variety of broadcast outlets are available for sporting events

Radio/television broadcasts add credibility to an event and provide increased exposure, benefiting sponsors

If a broadcast outlet does not feel an event will be attractive to a large audience, limiting the ability to sell advertising time, then the outlet will not be willing to pay a rights fee to televise or broadcast that event

Sport organization have begun to look at online sites (MLB.com, YouTube, etc.)

24

Event Management Functions: Website Development

Imperative that any event, no matter the size, has a website to provide important information and promote the event

Website’s URL should be the name of the event or something that is very close to the name of the event

Website should provide basic event details: When/where the event is occurring, how tickets can be purchased for the event, online ticket purchase option, news releases, and so forth

25

Event Management Functions: Licensing/Merchandising

Sale of items that display an event’s name or logo: Usually only beneficial for large, televised, multiday events

Beneficial in a number of ways, including advertising and brand recognition of the event as well as a potential revenue source through sales generated

To cover the costs of inventory, staffing, and space allocation, significant sales must be achieved for the event to make a profit

26

Event Management Functions: Fundraising

Not-for-profit events can use fundraising as a means of revenue generation

Most often, not-for-profit events center around raising money for some charitable enterprise

Cause-related marketing efforts by corporations are another instance in which fundraising may be appropriate

27

Career Opportunities

The event management field offers one of the most fertile areas for career opportunities

To be successful in event management, one must be prepared to work long and typically inconvenient hours

Careers in event management involve working with one of three types of organizations: sport management/marketing agencies, events, and charities

28

Key Skills

Education: Sport management programs with marketing, event management, business, finance

Internships: Usually need internships for experience and companies hire new workers from intern pool

Volunteer and paid opportunities exist in any university community: Athletic department, intramural department, community recreation programs, and charity events

29

Current Issues: Event Security

After the terrorist attacks of September 11, 2001, there was a heightened security presence at sporting events and facilities

Event security has escalated to an even higher level of importance and scrutiny after the bombing during the 2013 Boston Marathon, which claimed three lives and injured hundreds more, predominantly spectators attending the event

Hiring more security is an increasing trend, but often the security staff has insufficient training

30

Current Issues: Social and Political Concerns

In 2016, North Carolina legislature passed HB2—the “bathroom bill”—which required transgender people to use restrooms that correspond to the sex on their birth certificate rather than their gender identity

Passage of this bill led to protest, including the withdrawal of tournament games hosted in the state by the NCAA and the NBA

The law was repealed in March 2017, with the protests ending in response, but there is still much debate in this and other states that may impact sporting events in the future

31

Current Issues: Niche Sports

Niche sports are unique and appeal to a distinct segment of the market, whether defined by age, such as the Millennial Generation or Generation Y (the teenagers and 20-somethings of today), or socioeconomic class

The most popular niche sport today may be UFC MMA, or Ultimate Fighting Championship Mixed Martial Arts

With the exception of the action sports, many of these niche sports suffer from a lack of exposure and corporate support beyond their small demographic cohort

32

Summary

Sport event management offers a wide variety of career opportunities for young sport managers

Most of these opportunities exist within sport management/marketing agencies, the entities that most often organize, manage, and market sport events

With the proliferation of made-for-TV events, opportunities for sport managers in event management will continue to grow

33