Omni Channel - The Choice of Thai’s Sport Business

Authors

  • Kritsana Lakkhongkha Panyapiwat Institute of Managment

Keywords:

Omni-Channel, Digital Marketing, Sport Business, Survival, Thai

Abstract

          When the lifestyle trends of people in today’s society change rapidly according to social and technological trends. The trend of health care is constantly increasing and widespread, resulting in business growth related to sports equipment. As a result, the global sports industry has annual revenue generated from 121.4 to 145.3 billion US dollars. As well as the strong growth of the Thai sports industry since the manufacturing of sportswear and accessories, digital media business as well as the sports marketing business, it can be seen that the “sports industry” is a crucial business to create economic value and has an average annual gross domestic product (GDP) growth rate of 5.6 percent. “Sports Industry Development” is included in the 6th National Sports Development Plan (2017-2021); however, small and medium businesses still have lower values ​​and net profits as revenue decreases. Therefore, to increase the competitiveness of the sports business, it is necessary to develop the sales channels to reach more customers and what businesses need to consider is the ability to generate income in the changing economy and the ever-changing consumer behavior. For businesses to operate and maintain quality, technology, online and offline channels should be integrated and combined into one Channel as Omni-Chanel.

References

Department of Business Development. (2020). Business Sports Business Analysis. Bangkok: Ministry of Commerce. Retrieved July 10, 2020, from https://www.dbd.go.th/download/document_file/statisic/2561/T26/T26_201809.pdf

Jakrapong. (2020). What is Omni Channel. Retrieved July 15, 2020, from https://www.maketingoops.com/news/ecommerce/why-omnichanel-strategy/

LadyBee. (2018). Super Sport invests 50 million baht to bring digital tools into Gen Y branch. Retrieved July 10, 2020, from https://www.thumbsup.in.th/supersport-digital-branch

Ministry of Tourism and Sports. (2017). Strategy, Ministry of Tourism and Sports of 2017- 2021. Retrieved June 10, 2020, from https://www.mots.go.th/download/article/article_20171201174031.pdf

Miller , J. (2020). The benefits of omnichannel marketing: creating a seamless experience. Retrieved January 15, 2020, from https://strikesocial.com/blog/the-benefits-of-omnichannel-marketing/

Prensky, M. (2001). Digital natives, digital immigrants Part 1. On the Horizon, 9(5), 1-6.

Pricewaterhouse Coopers. (2017). At the gate and beyond: Outlook for the sport in North America through 2023. Retrieved January 15, 2020, from https://www.pwc.com/us/en/industries/

Tmt/library/sports-outlook-north-america.html

Subhasarm, N. (2020). Expand your business via Omni Channel. Retrieved July 15, 2020, from https://www.digitalbusinessconsult.asia/view/ 3492/

Sarunjade. (2020). Why “Omni Channel” Strategy Will Be a Survival of Retail Business in the Future”. Retrieved July 15, 2020, from https://www.marketingoops.com/

Tapscott, D. (2009). Grown up digital. New York: McGraw-Hill.

TradeGecko. (2020). Multichannel vs omnichannel: The differences for your business. Retrieved January15, 2020, from https://www.tradegecko.com/multichannel/multichannel-vs-omnichannel

Downloads

Published

2020-12-22

How to Cite

Lakkhongkha, K. (2020). Omni Channel - The Choice of Thai’s Sport Business. Journal of ASEAN PLUS Studies, 1(2), 42–50. Retrieved from https://so06.tci-thaijo.org/index.php/aseanplus/article/view/244799