Some Notes from Ohio U's Symposium Weekend...
On Saturday of Symposium Weekend, the Ohio University Sports Administration program featured presentations from three alums who have risen to the top of the ranks in their respective industries:
Scott McCune - VP and Director, Integrated Marketing, The Coca-Cola Company
Jim Beeman - U.S. Retail Brand Marketing Director, Nike
David Johnston - Director, Sales and Marketing, CBS Collegiate Sports Properties
I wanted to take a moment to share some key information from their presentations as they provided some great insights:
JIM BEEMAN, Nike
Jim talked about shifts in consumer behavior as it relates to consumer experience, customization, digital acceleration and community.
DAVID JOHNSTON, CBS Collegiate Sports Properties
The Economy's Effect on The Sports Industry
The Role of Rights Holders in the Industry (i.e. ISP, Learfield, CBS Collegiate, Nelligan, IMG College)
Outsourcing
Companies outsource because of eight (8) primary reasons: Financial stability, expertise, focus, cost savings, capital investment, brand building, tax considerations, and staff compensation limitations
There are four (4) primary reasons why organizations choose NOT to outsource: control, tradition, margins, authenticity
The Multi-Media Rights "Revenue-Value Model" Consists of:
Property Reps
Agencies
Sponsors
Properties (measured based on size (value, relevance) and scope (global, national, regional, local)
Cost Centers
Players, coaches, facilities, marketing, legal, travel, insurance, event management
Revenue Generation
Consumer - tickets, development, merchandise, concessions
Corporate - sponsorship rights, media rights, apparel rights, pouring rights
Management
SCOTT MCCUNE, The Coca-Cola Company
Studies reveal that 79% of Chinese consumers are excited and proud about the Olympic Games
Sprite is the #1 Preffered Soft Drink in China; Pepsi is #2; Coca-Cola is #3 (a large reason behind this is that Sprite is a much more favorable drink than Coca-Cola when it is served warm; Coca-Cola's push in China will center around serving ice-chilled Coca-Cola)
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