LA Lakers Marketing Plan

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Marketing

Plan
Darby White, Tianlong Zhao,
Kareem Mufti, Anthony Nelson,
Raven Jones, & Bobby Costic
MPSM 600-102
Background &
Company Profile
 NBA

 Founded 1946 in El Segundo, CA


• Minneapolis  LA

 Owner: Jerry Buss Family Trust –


Philip Anschutz
 Notable Players: Magic Johnson,
Kobe Bryant, Shaquille O’Neal
 Staples Center

 Revenue: $400M

 Team Value: $3,700M


Goals & Objectives
 Ad strategies throughout the games
 Create individualized objectives and marketing plans with sponsors
 Stay ahead of trends
 Attract younger viewers
 Exclusiveness
SWOT Analysis of LA LAKERS
  Strengths:  
• Overall reputation: 16 NBA championships
• Presence of global superstars: Kobe Bryant, Lebron
James
• Location: Los Angeles, California

  Weakness:
• Local Competitors: Professional sports teams in
California
• Too much dependence on a few key players
• Competitive market for entertainment consumption

 Opportunities:
• Free agency: Kawhi Leonard, Klay Thompson, etc.
• Kobe’s influence: film, venture capital, sports drinks
• Asian academies: a greater fan base

 Threats:
• LA Clippers: cheaper tickets
• Golden State Warriors: dominating champion team
• Uncertain complement talents in the future
Target Audience

Primary demo/market:
 Primary age group 10-60
• Los Angeles area and Nation wide basketball fans

 Middle class to Upper class fans


• Families, emerging adults, celebrities

Secondary demo/market:
 National and International basketball fans
• Fans attracted to Superstar players, such as Lebron James,
and other superstar prospects
• Other older basketball fans that watched “ Showtime Lakers”
Advertising Plan
Traditional media strategies (e.g. TV, radio, print,
outdoor):
 TV
• Local and national channels
• Billboards in cities of rivals

Non-traditional strategies (e.g. grassroots/guerilla


marketing):
 Basketball camps for kids, paid by the Lakers

Digital marketing strategies:


 Podcast, have an official Lakers podcast.

 Advertise on sports blogs

 Create Lakers app for interactive game experience and digital


gameday magazine
Social marketing strategies:
 Social Media athlete take over. Fans can interact with
players, have give-a-ways.
 Advertise on Facebook and Twitter to reach younger fans.
Sponsorship Plan
 Partner with companies that have high customer
reach and brands w/high established reputation
and value.  
• 2K Sports league, Lakes official e-sports team
• Tissot Watches, Precision and excellence
• Fanduel, Leader in daily fantasy sports
Summary

 Align goals and objectives with


sponsors and other plans
 Create individualized specific
goals for each plan sector
 Increase awareness of the
organization
 Observe competition

 Leverage sponsorships, sales, and


advertisements
 Assess objectives and goals
periodically
References
https://www.mercurynews.com/2018/07/02/lakers-ticket-prices-skyrocket-after-lebron-james-commits/

http://forums.lakersground.net/togo/thread.php?topic_id=28969

http://www.espn.com/nba/story/_/id/24381282/nba-welcomes-4-new-franchises-nba-2k-league

https://www.silverscreenandroll.com/2018/8/15/17693396/la-lakers-announce-plans-to-join-nba-2k-league-esports-news

https://www.forbes.com/teams/los-angeles-lakers/

https://www.nba.com/lakers/releases/141121_fanduel

https://www.barrystickets.com/blog/how-much-are-lakers-tickets/

https://www.slideshare.net/MattGeyer2/los-angeles-lakers-marketing-plan-48226143

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=6921743

https://www.britannica.com/topic/Los-Angeles-Lakers

https://www.forbes.com/teams/los-angeles-lakers/

https://www.slideshare.net/MattGeyer2/los-angeles-lakers-marketing-plan-48226143

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