Future Business Leaders of America (FBLA) Sports Management and Entertainment Practice Exam

The main components of a marketing plan in sports management fundamentally revolve around understanding the target market and effectively reaching and engaging that audience. Market research is crucial as it provides insights into fan preferences, competitive analysis, and overall industry trends. Branding plays a significant role in establishing a strong identity for a sports team or organization, creating emotional connections with fans and differentiating it from competitors.

An advertising strategy outlines how the organization intends to communicate its message to the target audience through various channels, which could include digital marketing, print media, and social media platforms. Lastly, promotional activities encompass campaigns, events, and contests designed to engage fans and drive attendance or participation, enhancing the overall experience.

The other options, while important aspects of sports management, do not encapsulate the entirety of a marketing plan. Ticket pricing, player endorsements, and fan surveys focus more on specific tactics rather than the comprehensive strategy needed for effective marketing. Sponsorship deals and community outreach involve elements of marketing but are narrowly focused on financial partnerships and local engagement, respectively. Event scheduling and merchandise sales are operational elements that support marketing efforts but do not represent the core strategic framework of a marketing plan.