The purpose of this assignment is to design and pitch a plan for rebranding a team’s merchandise to league officials.
A sport team’s merchandising is a critical factor in its ongoing revenue generation, and proper licensing ensures that sports organizations are able to protect their income-generating potential through the sale of their branded products. Not only are professional and often collegiate team names, logos, and league trademarks licensed, but even athletes’ names and likenesses can be licensed by player associations. Licensing agreements direct the vendor in the merchandising process, specifying quality standards, timeframe of production, projected profits, and royalties to be paid to the team, athlete, or league.
For this assignment, focus on the sports team New York Yankees and rebrand the team’s merchandise with the goal of increasing sales. Refer to the demographic data of your selected team’s fans to inform your rebranding plan.
When making your plan, consider the role licensing will play in brand recognition and your marketing strategies. The project will have two parts, a written report detailing your plan for the rebranding program and a PowerPoint presentation with accompanying pitch explaining the rebranding plan to league and team officials.
Rebranding Plan Paper
Compose a 750-1,000-word paper outlining your approach to this team’s rebranding initiative. Include the following points in your paper:
For the second part of this assignment, create a 6-10 slide PowerPoint presentation that summarizes your merchandise rebranding plan for presentation to team stakeholders or league officials. The PowerPoint slides are intended to serve as a visual aide to supplement the content of your presentation, whether you are presenting in class or adding your speaker notes to each slide. As such, the slides are not a space to reiterate verbatim the content of your paper. Utilize the presentation slides for showcasing persuasive graphics, images, tables, and graphs that will bolster your pitch and help you sell this rebrand. Include relevant talking points in the Speaker Notes section for each slide in the PowerPoint.
Your presentation should include the following components:
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