FROM THE TRADITIONAL MARKETING MIX (4Ps) IN SPORT TO NEW MARKETING MIX (3Ps): TOWARD A PARADIGM SHIFT FROM PRACTITIONER’S PERSPECTIVE

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Date
2020
Authors
Alqahtani, Mohammed Huthut
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Publisher
Middle Tennessee State University
Abstract
There are four elements to the marketing mix, also known as the 4Ps: product, price, place, and promotion. Marketing mix is a widely accepted theory in sport marketing (Waterschoot, W. van, & Van Den Bulte, C., 1992). Scholars and practitioners have identified several setbacks and limitations with the marketing mix model. This study aims to update the marketing mix in sport by proposing an alternative model developed from the practitioner’s perspective in Saudi Arabia called the 3Ps. There is a significant need for scientific or empirical studies on the practitioner’s perspective. The purpose of the exploratory sequential design is to first qualitatively explore perceptions of marketing practitioners and then to determine if the qualitative findings can be used to study a larger sample. The data collected in this study shows that the 3Ps model has merit and appears to be a viable marketing framework that can replace the long-held marketing mix. It is a comprehensive model that meets ever-changing marketing trends. Marketing practitioners reported appreciation for the model because it was built by practitioners and around the practice of marketing. To the sport marketing industry, the 3Ps is a base that practitioners can build on and customize according to their marketing needs.
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Keywords
Sports management
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