DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c54343)
Covering over 175 industries and updated every 90 days, the First Research Industry Profiles do the "heavy lifting" for you - saving your sales team valuable research time, enhancing client communications and giving you the competitive edge to win more business.
Easy-to-use and up-to-date, the Industry Profiles provide you with the industry research necessary to stay on top of constant changes in select industries.
The First Research profiles help target your products and services directly to prospects. The Industry Profiles provide the information and understanding you need to engage new prospects during the sales process, deepen customer relationships and strengthen your own bottom line.
Topics Covered: Industry Overview Quarterly Industry Update Business Challenges Trends AND Opportunities Call Preparation Questions Financial Information Website and Media Links Glossary of Acronyms
Summary
The professional sports teams industry includes about 800 organizations with combined annual revenue of over $16 billion. The dominant professional sports leagues in the US are the National Football League (NFL); the National Basketball Association (NBA); Major League Baseball (MLB); and the National Hockey League (NHL). Other less popular professional sports leagues include the Women's National Basketball Association (WNBA); Major League Soccer (MLS); and the National Lacrosse League. The industry is concentrated: the top 50 organizations have 60 percent of industry revenue.
The industry includes both major league and minor league sports teams, but not "non-team" professional sports, such as golf, tennis, and auto racing.
COMPETITIVE LANDSCAPE
Demand is driven by consumer income and corporate entertainment spending. The profitability of individual teams depends on achieving high fan attendance and a large TV audience, both of which are enhanced by effective marketing and competitive play. Teams in large metropolitan areas have advantages in the population base and TV audience they can draw on, though they may face competition from other teams. Teams in smaller markets, along with less popular sports and minor league teams, can compete by building fan loyalty through local marketing promotions and an appeal to civic pride. Average annual revenue per worker across all sports teams is over $325,000.
For more information visit http://www.researchandmarkets.com/reports/c54343