The Atlantic Coast Conference and Hardee’s , a brand of CKE Restaurants, Inc., are a great match for a sponsorship. The Hardee’s brand is undeniably compatible with the image of the ACC. This compatibility can be seen in the geographic landscape shared by both organizations, in the mission and values of both, and through the quality and tradition of excellence that each organization offers. As the tournament once again returns to Greensboro, North Carolina, less than 200 miles from where the first Hardee’s restaurant was opened, the opportunity to create a sponsorship that will benefit both parties has emerged. The ACC and Hardee’s would make quite a team!
Geography
Hardee’s is primarily an east coast business with roots in North Carolina. As a sponsor for the ACC tournament Hardee’s will have the opportunity to reach a large percentage of target market customers.
The ACC is made up of teams from 7 states on the east coast. Six of these states are home to Hardee’s restaurants. There are 740 Hardee restaurants in the states that make up the ACC, making up for nearly 50% of the chain’s locations in the U.S.
North Carolina, the host site of the ACC Tournament, has the largest number of Hardee’s locations of any state in the U.S. with 271 restaurants throughout the state.
Mission/Values
Both Hardee’s and the Atlantic Coast Conference have high standards and expectations for the respective services they provide.
CKE Enterprises offers thousands of dollars in college scholarships recognizing both academic excellence and community leadership. The ACC strives to help student athletes exemplify these traits on and off the field.
Hardee’s strives to turn their employees in to well-rounded leaders. The ACC focuses on promoting the success of each student athlete.
Quality and Tradition
Hardee’s focuses on creating premium quality products that offer exceptional taste and meet the high standard of their customers. This keeps customers returning again and again. The ACC operates in a similar manner and is proud to have some of the best collegiate programs in the nation. We continually work to make sure that our conference produces top performing teams as well as academic excellence in the class room. This combination creates a great league that fans are proud of.
The Atlantic Coast Conference is the best college basketball conference in the country, with years of tradition. Hardee’s offers some of the best fast food products in the country, and has a tradition that dates back to 1960.
Target Market of the Sport Organization
The target market of the men’s ACC Basketball Tournament encompasses large variety of people. The following information explains the demographics of the ACC tournament fans.
The tournament appeals to both men and women
Men accounted for approximately 57 percent of the attendees in 2010
Women accounted for 43 percent in 2010
Young adults between the ages of 18-34 had the most representation in 2010 with over 53 percent attendance.
The average income for the families in attendance was between $50,000 and $99,000
Majority of customers live in the southern region of the ACC.
Current Levels Of Interest In NCAA Men's Basketball
|
|
|
GENDER
|
AVID FAN
|
LOYAL FAN
|
Male
|
68.60%
|
64.40%
|
Index
|
141
|
133
|
Female
|
31.40%
|
35.6
|
Index
|
61
|
69
|
RACE/ETHNICITY
|
|
|
Caucasian
|
79.50%
|
89.90%
|
Index
|
96
|
97
|
African-American
|
15.80%
|
14%
|
Index
|
136
|
121
|
Hispanic
|
6.70%
|
7.90%
|
HOUSEHOLD INCOME
|
|
|
<$25,000
|
10.30%
|
10.40%
|
Index
|
73
|
73
|
$25,000-$40,000
|
16.30%
|
16.30%
|
Index
|
80
|
80
|
$40,000-$50,000
|
11.10%
|
11.50%
|
Index
|
90
|
93
|
$50,000-$75,000
|
19.50%
|
18.90%
|
Index
|
107
|
103
|
$75,000-$100,000
|
18.30%
|
17.60%
|
Index
|
124
|
119
|
$100,000-$150,000
|
14.70%
|
15.10%
|
Index
|
123
|
127
| The chart below shows more demographics of NCAA basketball fans. It is broken down into an Avid or Loyal fan. It is not specific to the ACC, but encompasses a broader range of the basketball fan base. Males and Females are both NCAA Basketball fans with males making up a larger percentage. Caucasian’s account for the majority of the Avid and Loyal fan. There is a smaller percentage representing African Americans and Hispanics. Fans from varying household incomes are supporters of NCAA basketball. 37.70% of Avid fans make between $25,000 and $50,000 and 52.50% of Avid fans make between $50,000-$100,000.
These numbers are significant in that Hardees wants to:
Gear its advertisement towards men and woman with a slight favor to men
Market to all demographics, encompassing over half of the United States
Provide quality food at a price that the majority of house hold incomes can afford
Target Market of the Potential Sponsorship Organization
Hardee’s is a fast food chain that offers a variety of premium-priced Angus beef burgers and serves a large market of customers. Hardee’s is geared to serve people and families that bring in over $30,000 a year. Their target range includes teens to older adults between the ages of 18-49. The Hardee’s chain can be found up and down the east coast and encompasses all southern states. Recent marketing campaigns have attempted to appeal to “ridiculously” hungry teens, young adults and older adults by using male and female models biting into an “irresistible” meal. The marketing technique has been a success for Hardees commercial advertisements.
Psychographics to the fast food customer:
Value
Convenience
Large Portion
Quick service
Good quality
The chart below explains the number of fast food restaurant there are in the United States, along with the amount of people served daily and revenue created through those transactions. This translates to why Hardees would be an appropriate sponsor. The vast number of people eating fast food allows for people to see signage and other advertisements for the ACC Tournament.
STAT
|
DATA
|
Number of Fast Food Restaurant in the US
|
160,000
|
Number of People Served Daily
|
50 Million
|
Annual Fast Food Revenue
|
$110 Billion
|
FREQUENCY (per week)
|
|
Once
|
44%
|
Twice
|
20%
|
Three or more
|
14%
|
Seven
|
6%
|
A recent study by the Public Health Sciences at U.C Davis found that fast food dinning become more popular among the middle classes families making $60,000 a year. Researchers also stated that for households making $80,000-$90,000 there has been higher intake of fast food. This is an a key factor considering that 52.50% of avid basketball fans bring in between $50,000-$100,000 a year.
The image below represents the large territory that Hardees restaurant covers. It covers the east coast, which is where ACC teams are located and expands far west into the United States.
Intentions of the ACC and Hardees go hand in hand
Each year both organizations donate thousands in college scholarships
Scholarships recognize both academic excellence, community leadership, and athletics
The ACC and Hardees are work locally and nationally to support food banks as well as families in need.
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