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Sports Management Commons

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Marketing

2017

Household Income

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Full-Text Articles in Sports Management

Household Life Cycle As A Segmentation Approach For Major Professional Sports Teams, Jacob S. Watkins Mar 2017

Household Life Cycle As A Segmentation Approach For Major Professional Sports Teams, Jacob S. Watkins

Undergraduate Distinction Papers

As entertainment and leisure market offerings increase, major professional sports teams need different approaches to segmenting consumers. Household life cycle represents an approach to segmenting. Using data from one major professional sports team, the household life cycle is found to have a relationship with purchase of different season ticket packages. Major professional sports team managers should offer different types of ticket packages to different segments of the household life cycle.