Our country loves sports, there is no doubt about that. Kids start playing sports as young as three years old, families gather around televisions to watch a game of their favorite sport and people are willing to spend hundreds of dollars to see a game in real life. Although sports amount to a billion dollar industry, there is a lot of planning that needs to go into it. Sports come and go by the season, meaning demand and cash flow for a baseball team will thrive in the spring and summer, but drop off by the fall and winter. One way to combat these planning issues are by using sports management software. Below are 4 ways the sports industry benefits from using sports management software.
- Inventory Management
Since fans won’t be buying tickets to see a game of football in the spring or baseball in the winter, sports teams need to figure out how to get over the lull of the season. Many have taken to creating their own brand, which works, but outside of the season it can still be tough to sell. Sports Management Software predicts the slower demand during offseason, lowering the amount of product needed to be created.
- Customer Service
Sports teams have fans, and then they have the “Super Fan”. These people are die hard for their team and no amount of money will stop them. To deliver excellent customer service to these super fans, sports management software can group fans by the types of tickets they purchase and give special offers to the super fan.
- Marketing Automation
Sports management software allows for creation of target lists to send email campaigns to, whether its ticket offers or industry news. You can grow your fan base by keeping everyone updated on exclusive content and special offers, rather than leaving them feeling out of the loop.
- Finance Management
In the sports industry, creativity in marketing campaigns and tending to fans comes first. That’s why sports management software puts back office tasks on auto-pilot. All sales, accounts receivable, payroll and cash management tasks that are entered into the system are saved in one spot for easy accounting processes. Reports of all these modules can be run when needed for easy retrieval of financial reporting.
The sports industry has unique functions that need to be addressed. In barely any other industry do fans exist like they do in sports, so they need to be treated with the best possible customer service. With back office process put on auto-pilot, you can pay more attention to those super fans and give them what they deserve.