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Springfield

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Submitted By kgizzle44
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Introduction
In the case study of Springfield, Buckingham is the marketing director for the Nor’easter, which is a class A minor league baseball team in Springfield. Just like any other profit-seeking business the aim of this sports club is sustaining a viable business by ensuring that it makes profit, at least it should have a break-even point in the opening season. The two main revenue sources for Nor’easters are ticket and
Johny undertakes market research with an aim of gaining knowledge in connection to probable customers as well as their willing ness of attending Nor’easters games at diverse price levels of tickets. The result survey results and other information collected by various sources help the director in developing the strategy of pricing for the Nor’easters’ tickets and concession sales. The paper examines data that was obtained from market research; it presents two alternative pricing strategies giving both strengths and weaknesses for all of them. The paper also gives some recommendations from the discussed alternatives in the pricing.

Considering the data survey evaluations, the information offered in the case and assumptions made, about half of the population of Springfield should attend at least one game all through the season for break-even to be arrived at in Nor’easters. Nonetheless, although not entirely reflecting the entire population, due to limitations of sample size, the data in the survey indicates that 39 percent of the residents of Springfield show some willingness of attending games. Nor’easters should increase this to more than half of the population by undertaking actions of communication and marketing or also it can consider evaluating itself in other cities.

When trying to determine the appropriate level of price for seats at the Nor’easter minor league games, Buckingham ought to consider that he is dealing with

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