KIDS TRIVIA

Detailed explanation-1: -What do we call the companies or individuals that buy tickets in bulk and resell them? Brokers. What is the main product a stadium sells? Tickets. Ultimately, what does stadium management want to maximize?

Detailed explanation-2: -Ingress. Refers to the flow of fans to or into the stadium.

Detailed explanation-3: -Bidding war. When two or more companies try to outbid the other for something, such as a sponsorship opportunity.

Detailed explanation-4: -Investopedia defines a marketing strategy as the business’s overall game plan for reaching prospective leads and turning them into customers of the products or services the business provides.

Detailed explanation-5: -Marketing directors develop the firm’s marketing strategy in detail. With the help of marketing assistants and market research personnel, they estimate demand and create a brand image for the team. In addition, they identify potential markets to attack with advertising and other media.