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BRAND MANAGEMENT
A PROJECT ON BRANDING IPL TEAMS AND PLAYERS

PGPM 2012-13
Great Lakes Institute of Management, Gurgaon




                            By Group 1:
                      Sonal Dengle (P122044)
                    Prarthana Verma (P122034)
                      Pooja Gupta (P122033)
                  Pashupathinath Rajan (P122032)
                     Charles Cherian (P122008)
Indian Premier League Report



    1. INTRODUCTION
India has a long-standing love affair with a game called cricket, a quintessentially British sport played as
"creckett" in the sixteenth century, and popularized by the British Empire in the subcontinent since early
1800s. Today, three in every 10 TV commercials will carry a cricketing theme or endorsed by India's cricket
heroes. In the new millennium, cricket went through an overhaul, truncated to 20 overs a side and a result
could be obtained in three hours -- about as long as a baseball game. The Board of Cricket Control in India,
muscled its power to trample Indian Cricket League (ICL) launched by Zee Group calling it unlicensed and
banning many international players, and borrowed many ideas from the English Premier League (UK),
National Baseball Association (USA) and the first ICC T20 World Championship hosted by South Africa to
form its own glitzy version, the Indian Premier League (IPL).

In this project report, we would be investigating the role of branding in professional team sports in India.We
would also be discussing about how a team contributes to the branding of a player and what does a player
contribute to the branding of a team.We would then be contrasting situations of a new (rookie) player
versus an established player, and a proposed new (expansion) team verses an established team. Finally
we would be providing some marketing advice to the rookie player in choosing a team and advice to an
expansion team in picking players for future matches.




    2. LITERATURE REVIEW
“It is not just marketing hype. There is significant substance with top players in the teams. It is a good
product which is now getting marketing support. Indian cricket is certainly headed in the same direction as
football in the UK and baseball in the US.”Sridhar Samu, Professor, Indian School of Business, Hyderabad,
in March 2008.

The IPL was set up to imitate the franchise model of American sport -- a very cosy family business. And
even if India's biggest film stars and richest hard-nosed tycoons who own many of these cricket clubs
continually crave for the spotlight on themselves, the effulgence of IPL seized every cricket lover's
attention, and was subsequently appraised at a whopping $3.7 billion by Brand Finance, a London-
basedconsulting firm that specializes in brand valuation. India's rising middle class embraced this hit-and-


Great Lakes Institute of Management, Gurgaon – Group 1
Indian Premier League Report


                                                                          giggle version that was devised by
                                                                          England in 2003, as a way of reviving
                                                                          interest to its county cricket after five
                                                                          straight years of failing attendances.
                                                                          With this new acquired brand of T20
                                                                          cricket, India's city-based franchisees
                                                                          had truly come of age with one clear
                                                                          winner: Chennai                       Super
                                                                          Kings (CSK).From           a       branding
perspective, CSK, declared as the most valuable IPL franchisee began to differentiate itself, and amply
benefitted from the high level of identification of power symbols and a sensory palette of unique visual,
verbal, and digital expression. CSK , if we observes its trend as an IPL team in terms of in branding and
specializing on consumer insight and technology ,should be awarded full marks in every facet of the
complex branding process. Especially the team’s potential to build equity by capitalizing on the emotional
relationship it shares with CSK fans that derive strength and a sense of identity from their affiliation with
their team. Branding definitely plays a very important role in the sport industry in India today. We can again
say this because in the last two years established brands such
as Pepsi (The Game), Idea (Oongli Cricket), Havell’s (lighting
major), and of course, Vodafone (Zoozoos) have campaigns
designed specially for the upcoming seasons.As Rajeev Rao,
national creative director, Ogilvy & Mather, creator of the Zoozoo
campaign along with Prakash Varma of Nirvana Films, said in an
earlier interview to Business Standard, “It is all about a clutter-
busting idea.”Over the seasons, there have been marketing circles
which are abuzz with talks of a brand overload around the Twenty20
tournament, thanks to the numerous advertising and sponsorship opportunities floated by the IPL, ranging from
television (Sony Max and Colors) and Internet (YouTube) to team sponsorships, ground sponsorships and theatre
rights.Before every IPL season, each of the eight franchisees sells every possible sponsorship property including
apparel, kits, beverages and even post-match parties which helps to increase IPL’s brand value to a great extent.
IPL, sports marketing is coming of age in India.Many brands do not fail to associate with the league due to the sports’
popularity.Clutter is a reality outside IPL as well. IPL has roped in HSBC, Royal Challangers and HP as main
sponsors, while Coca-Cola, Airtel and Samsung are associate sponsors.YouTube even stuck a separate advertising


Great Lakes Institute of Management, Gurgaon – Group 1
Indian Premier League Report


deal for the UK which tells us how international branding also plays a very important part in the sports industry in
India. UFO Moviez, which has exclusive rights for screening of matches at theaters and public places, is currently
eyeing an estimated Rs 40-50 crore in revenues.PVR Cinemas president PramodArora say revenue streams in terms
of branding will be small for multiplexes this year but will become more significant in the coming years.Hotelsmostly
expect Rs 40-50 crore revenues through room occupancies and food & beverages sales. Rajeev Menon,area
VP(India,Malaysia and Maldives) believes that IPL has always come at a good time for hoteliers, , with teams, other
delegates and fans coming in large numbers.

Despite it being offered on several mediums, most viewers are catch the matches on TV and Sony Max
and the official broadcasters pulled in Rs 850-900 crore through advertising deals from the previous
season."There are various ways IPL content can now be consumed though I believe television will remain
the largest platform by which consumers will watch IPL matches," says L K Gupta, chief marketing officer at
top consumer electronics firm LG India.Hence, we can successfully say that branding of professional sports
in India, is slowly gaining momentum day by day,or shall we say,season by season with IPL!


We shall now see as to how a team contributes to the branding of a player and what does a player
contribute to the branding of a team.
In IPL each team has a mix of players from India and other nations. There is a mutual contribution of a
player to the team and vice-versa. As far as the branding of the team through the player is
concerned,with the involvement of players from several nations, IPL has become a global brand. Also
each team is liked and promoted keeping in mind the mix of the players (both national and international).
Additionally the organizers of the game believe that though a domestic league, IPL will be a global business
with global investors, global players, and a global broadcast.In this global level game which is promoted
also keeping the cities at the heart has certain rules for the franchises before the auction for individual
players started (since 2008). It had selected a few senior players as icon players and they represented the
city they hailed from.The rule made it mandatory for the icon players to play for their cities to increase the
fan base and loyalty for a particular franchise intheir respective city.The strategy to keep the icon players
from the respective cities helps to promote the whole event from the patronage of the followers from the
place of the teams. Then the anthems, songs, & merchandises in the presence of these players only add to
the feeling of patronage in India.

As far as the team’s brand endorsement through the players is concerned, IPL has created a
benchmark of being the high point of the cricket odyssey in India. It has become an expression of the


Great Lakes Institute of Management, Gurgaon – Group 1
Indian Premier League Report


emerging new reality of world cricket and of the growing Indian influence in International League games.In
general, celebrity endorsers may draw attention to ads, increase awareness of the brand, and help to
differentiate one brand from another. Advertisers hope that positive attitude toward the endorser will
transfer to the ad and the brand. Source credibility is an important influence on the formation of attitudes
toward endorsers and the transfer of this affect toward the endorsed brand. The superstar players have
high brand equities due to many reasons. From the behavior perspective, the brand value could stem from
the cultural meanings with which these celebrity players are endowed. Such cultural meanings may include
status, class, gender, and age as well as personality and lifestyles. Players brands are valuable because
these cultural meanings can be passed from the celebrity players to consumers through services provided
(e.g., games) and products endorsed. Such superstar effects arise because of joint consumption
technology and imperfect substitution of consumers’ preferences. The joint consumption technology
indicates that a large number of people can consume the “celebrity” service together, thus implying great
economies of scale for superstars. The imperfect substitution means that quantity cannot substitute for
quality; that is, the value of watching a superstar player is higher than the value of watching several
mediocre players. And this is the one of the vital reasons as to why branding in Indian Sports has increased
drastically.Most importantly, it is also ensured that celebrities are chosen accordingly whose image fits
properly with the sport they are associated with.This can be explained by seeing the framework on brand
alliance as follows:




Conceptual Framework on Brand Alliance
The above diagram explains that there is certain value added by the player to the brand of the team.
Further, there is certain value which is added by the team to the brand equity of the player. Thus, both
together form a brand alliance to add value to the complete system.


Great Lakes Institute of Management, Gurgaon – Group 1
Indian Premier League Report


Now we will see as to what a team contributes to the branding of a player.
Opportunities in International level Cricket
The major advantages of IPL are that many unknown players across the country get an opportunity to
prove their talents.Times where Ranji Cricket was considered as a gateway for entering International
Cricket arena has been overshadowed by IPL cricket now.

Players who have outperformed in IPL have been given a shot to showcase their talent in International
Cricket.The most important players in any side are the ones who perform in big match situations – the
knockouts (or playoffs) in a tournament and the deciders in bilateral series. They are the ones who relish
the big challenges and produce their best when their teams most need it. They are the real gems of any
side when their teams go on to lift the trophy – they are the ones who define the tournament (or series, in
bilateral        encounters)       –      this      is      the       real      legacy       of       a       player.
Amongst the 9 squads in IPL 2012, there were 57 players who have a history of series/tournament-defining
performances. It is perhaps not a coincidence that amongst the teams that have made this year’s
knockouts, the team with the maximum series/tournament-defining players have made the playoffs– all four
of                                                                                                             them.
Table 2 contains the complete list with the respective teams (arranged as per their positions in the final
league table) and the number of players in each team who have had such performances in their T20
careers.

IPL: A Money Game :With the example of England batsman Kevin Petersen’s shocking retirement, it is
said that players are tempted to play in the Twenty 20 competitions to earn more money in less time. The
influence of the IPL in most of these decisions is massive. Players will always choose maximum income
from a minimal time commitment if they have the chance.The major advantages of IPL are that many
unknown players across the country get an opportunity to prove their talents.Times where Ranji Cricket
was considered as a gateway for entering International Cricket arena has been overshadowed by IPL
cricket now.Being associated with an IPL Team for any cricketer can be substantiated by the survey result
conducted by the Federation of International Cricketers' Associations (FICA). They took an opinion among 150
players and came to the conclusion that IPL is the most important game for them professionally. The poll result:

            32% players aim to quit the international cricket early for IPL and other T20 leagues.
            40% say that they imagine putting IPL above country as international schedule is usually very
            hectic.


Great Lakes Institute of Management, Gurgaon – Group 1
Indian Premier League Report


        94% feel that the budding cricketers will train themselves mainly for T20 pattern as IPL offers a
        huge fee
        39% point out that spectators are losing interest in One Day Internationals as many tournaments
        are being held every year.
Thus, IPL's advantages are remarkable but one must see that commitment towards country does not suffer.


IPL teams keep changing with time with the removal of old, under-performing players and addition of new
players in the team. These new players are added in the team to make the team stronger and to fill up gaps
that were left in the previous year’s game. Adding new strong players in the team also increases the brand
equity value of the team. Some new players that got involved in IPL 2012 are: Sunil Narine and Marchant
de Lange joined KKR; Thisara Perera, who has played for CSK and KTK in previous IPL seasons, played
for MI in IPL 2012; Mahela Jayawardene who has played for KXIP and KTK previously, joined DD. Rookies
are taken into team to bring in new energy and to promote new talent. They are trained under experts and
experienced cricketers. Rookies are also taken in team when team has certain budget issues. For eg:
Graham Napier from England was selected in IPL season 2 2009 to play for MI.
Since contribution of player towards the team is crucial and so is team contribution towards branding the
player, let us now look at few contrasting points between a new (rookie) players who joins a team
versus a player who is well established and has been playing in the team for a while.
Some differentiating points are:
        Brand Identity: The new player has to establish its brand identity in the team using his strengths
        and qualities while an established player had already done so over a period of time. Bidders,
        viewers and owners of the team look at the past record of the player to access what his strengths
        are and how that strength can be leveraged in the team for building up a strong team. The new
        player has to always prove his capability as a player even though he would have played matches
        elsewhere but his performance may tend to vary in the IPL team.
        Core Competencies: There might be players with same core competency i.e., bowling, batting or
        wicket keeping. So a new player has to compete in the team against an established player in order
        to emerge as a stronger player compared to the other one. Competing against each other would
        also result in better performance in the team.
        Team Culture: An established player is well aware of team’s culture and its values. A new player
        has to make the efforts to understand the team’s environment and get adapted to it. Also, IPL


Great Lakes Institute of Management, Gurgaon – Group 1
Indian Premier League Report


       brings players from other countries in a team to play with each other while some of these players
       were playing against each other in other matches. It becomes difficult to adjust to the new values
       the team has built up. So a new player sometimes requires time to gel in the team’s culture.
       Trust/Creditability: Generally trust/creditability is more on an established player than a new player
       because the team knows his performance, skills, competencies and experience with the current
       team. A new player has to work on gaining trust in the team.
       Performance: A new player will also have pressure to perform well in the team otherwise critics
       may question his selection in the team, while the scenario is different for an established player. An
       established player could risk not performing well in the team as he might have performed well in
       past proving his capability and loyalty to the team. The challenges are more complex for a rookie
       as compared to that of an established player due to prior exposure to the game.
       Growth: A new player in the introduction phase of the game has to adapt to the new changes
       while an established player at the same time would be in the growth or maturity phase of the game.
       Energy levels: Energy levels might be high in case of a rookie as he has new experiences and to
       prove his identity in the team. An established player would be an enthusiast and keeps
       encouraging the team to work hard while a rookie works on developing his own self and getting
       adjusted to the team.
       “Icon Player”: While an establish player can get benefit of relating his image to that of an “Icon
       Player”, a new player might not get it soon. Because association of that player with the state and
       show casing strong talent is necessary this would have already been served by an established
       player.
       Experience and Associations: A rookie lacks experience and associations with the brand. While
       an established player can boast of having international and varied experience like that of one-days,
       test matches, playing and performing under pressure, etc. Since the player is new to the game, he
       doesn’t have many brands associated with him, so the team as a whole might not see many
       benefits out of him.

With ever changing IPL, not only new players are getting involved in the event but also many new teams
are being formed. New teams increase the competition and thrill of the game. Hyderabad is planning to
introduce its team for IPL 2013. Likewise, Pune and Kerala added their teams namely Pune Warriors India




Great Lakes Institute of Management, Gurgaon – Group 1
Indian Premier League Report


and Kochi Tuskers Kerala in the year IPL 2011 and gave tough competition to all the established teams.
Lets us look at some contrasting points between a newly formed team and an established team.

Players: New teams bring in new players, who didn’t participate in IPL previously and some players who
have played IPL previously. But the difficulty that a new team faces is to bind the team together. Again
here, players have played against each other at some point in time, so it becomes essential for the players
to work as a team towards a common set goal.

Vision/Goal: A new team lacks vision and goal. The team as a whole has to form a common goal that
everybody must follow. An established team already has clearly defined goals while the it takes time to
define goals in a new team.

Culture: The newly formed team has to define a culture that it wants to inculcate in its team players. Also
some of the players might be new to IPL. So the culture has to be developed to share knowledge with
fellow cricketers. An established team has well defined culture, a coach and experienced players in the
team.

Enthusiasm in Team: The newly formed team is full of energy to perform in the IPL for the very first time.
This energy level is different from that of an established team.

Pressure to Perform: The newly formed team has to face more pressure than an established team to
prove its identity. The defeat can also result in loss of faith of public and sponsors. It becomes extremely
difficult to bring in sponsors next time when a newly formed team has performed badly the first time.
Pressure is also to deal with critics that may come up with formation of a new team. An established team
can afford to perform badly in a couple of matches or in a season because it has some past evidence to
prove its existence.

Since we have now analyzed the role played by sports teams and sportspersons in branding a competition
and vice-versa, and what challenges a new player and a new team faces, it’s important to also understand
the consideration(s) which may make a player choose a sports team and sports teams choose a
player. Since IPL has been the context all along, this would also be using the same case-based examples.

Generally, rookies are spotted and taken into training by junior level coaches of these sports teams from
amateur level competitions created specifically by these sports teams within their cities. The second way is


Great Lakes Institute of Management, Gurgaon – Group 1
Indian Premier League Report


the traditional selection that happens from first class cricket matches. It is during this time that the players
get observed closely and continuously by these coaches and are referred to the senior coach. Finally, the
senior coach decides to observe one performance of the rookie and make the decision. However, there are
also cases of talent spotting happening across states and offers being made to rookie players of different
states. The case of Ravinder Jadeja and IPL team Rajasthan Royals is one such example. Once they start
performing and putting in good situation defining performances he is slowly promoted as the face of the
brand itself through merchandising, advertisements and events. It is at this point, when he comes to the
limelight of the nation, other brands and consequently the national team. Hence, it becomes very important
for a rookie to choose his team and for a expanding team when choosing players.

We have also learnt from our previous findings that how a local player can break the clutter for the team by
either an icon status or putting season defining performances. So in the first part we present our marketing
advice to a rookie player in a choosing a team without using brand jargons.

    1. He should consider the team’s performance for the recent few years on the pitch.

    2. He should look at team’s off-the-field image especially in terms of player conducts and
        controversies. Sometimes negative marketing helps to bring the team to national attention, but has
        a reverse affect on popularity among general population of cricket fans, which would never benefit
        a rookie.

    3. He should look at the composition of the team in terms of foreign players, Indian national team
        players and rookie players. He must see how many rookies have been given front-line
        opportunities within the team, how has the association benefited their careers and how would it
        benefit the learning/experience he would get out of joining this team.

    4. He should look at the way the rookie players are contracted which typically should be performance
        oriented and never fixed.

    5. He should look at the team’s visibility nationally and globally. We have learnt that IPL is a global
        brand now and teams are promoted on all forms of media channels, hence it becomes important
        for a rookie player to see the presence of the team it chooses throughout all mediums of reach.

    6. He can also look for sponsors associated with the team because later on it’ll help him build up
        public relations in the media.


Great Lakes Institute of Management, Gurgaon – Group 1
Indian Premier League Report


In the second part, we try to present our advice to a expanding team when choosing new players. We
understand that the team and their owners as well as BCCI follow a tried and tested way of player auctions.
This is already popular in sports like football and basketball all over the world. We have also learnt from this
research that icon players and top performing players form the face of the team in advertisements and
other promotions. Therefore indirectly the revenue channel for the owner.

    1. The relation can be understood from the brand framework alliance described previously when
        choosing a new player in terms of equity addition measured directly against the cost of buying and
        contracting the player.

    2. A healthy mix of foreign, national and rookie players is necessary not only as per rules but also to
        keep the authenticity of the team in front of supporters of the game. A healthy mix will ensure
        varied experience that the players will have that’ll the team to face challenges.

    3. Due to relaxation of icon player rule in recent times, many teams now scramble to get the big
        players in their roster. This may adversely affect the development of rookies and its brand value as
        the new player was the face another team for a number of seasons. Supporters do not change
        associations very quickly. A good example here is the New York Yankees or Manchester United
        where players are never promoted to be larger than the club itself. This is the reason the recall of
        the team happens first and then the players associated with it.

    4. The player’s on-field and off-field image also plays an important part in the team’s decision to buy
        him. This is because of the direct relation it has on the brand equity of the team.

    5. Brands associated with a player also matters as this can help the team arrange for sponsorships.

    6. Select players who will be able to align well with the culture that the team wants to build.

To conclude, in this report we have tried to reflect our understanding of the Indian Premier League, as to
how branding in Indian Sports have shown a tremendous increase, how the teams in IPL and players are
contribute to each other, different situations of rookie and established players and what marketing advice
can be given to IPL teams when they want to expand. IPL is a sport or should be say, a brand by itself
which is still nurturing and has brought India into the spot light. This phenomenon of IPL would surely keep
showing its fame down the years.




Great Lakes Institute of Management, Gurgaon – Group 1
Indian Premier League Report


Appendix
Table. 1 shows the selected icon players in the year 2008.

Table.1 Icon Players in IPL (2008)

PLAYER                                                FRANCHISE


Rahul Dravid                                          Bangalore
Sachin Tendulkar                                      Mumbai
SauravGanguly                                         Kolkata
VirenderSehwag                                        Delhi
VVS Laxman*                                           Hyderbad
Yuvraj Singh                                          Mohali
Source: www.indiatwenty20.com.

* VVS Laxman voluntarily opted out of icon status so that Hyderabad franchise would have more money for
bidding. Chennai and Jaipur had no senior players from those cities to be awarded icon status.



Table 2: List of players in the IPL for 2012




Great Lakes Institute of Management, Gurgaon – Group 1

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ipl

  • 1. BRAND MANAGEMENT A PROJECT ON BRANDING IPL TEAMS AND PLAYERS PGPM 2012-13 Great Lakes Institute of Management, Gurgaon By Group 1: Sonal Dengle (P122044) Prarthana Verma (P122034) Pooja Gupta (P122033) Pashupathinath Rajan (P122032) Charles Cherian (P122008)
  • 2. Indian Premier League Report 1. INTRODUCTION India has a long-standing love affair with a game called cricket, a quintessentially British sport played as "creckett" in the sixteenth century, and popularized by the British Empire in the subcontinent since early 1800s. Today, three in every 10 TV commercials will carry a cricketing theme or endorsed by India's cricket heroes. In the new millennium, cricket went through an overhaul, truncated to 20 overs a side and a result could be obtained in three hours -- about as long as a baseball game. The Board of Cricket Control in India, muscled its power to trample Indian Cricket League (ICL) launched by Zee Group calling it unlicensed and banning many international players, and borrowed many ideas from the English Premier League (UK), National Baseball Association (USA) and the first ICC T20 World Championship hosted by South Africa to form its own glitzy version, the Indian Premier League (IPL). In this project report, we would be investigating the role of branding in professional team sports in India.We would also be discussing about how a team contributes to the branding of a player and what does a player contribute to the branding of a team.We would then be contrasting situations of a new (rookie) player versus an established player, and a proposed new (expansion) team verses an established team. Finally we would be providing some marketing advice to the rookie player in choosing a team and advice to an expansion team in picking players for future matches. 2. LITERATURE REVIEW “It is not just marketing hype. There is significant substance with top players in the teams. It is a good product which is now getting marketing support. Indian cricket is certainly headed in the same direction as football in the UK and baseball in the US.”Sridhar Samu, Professor, Indian School of Business, Hyderabad, in March 2008. The IPL was set up to imitate the franchise model of American sport -- a very cosy family business. And even if India's biggest film stars and richest hard-nosed tycoons who own many of these cricket clubs continually crave for the spotlight on themselves, the effulgence of IPL seized every cricket lover's attention, and was subsequently appraised at a whopping $3.7 billion by Brand Finance, a London- basedconsulting firm that specializes in brand valuation. India's rising middle class embraced this hit-and- Great Lakes Institute of Management, Gurgaon – Group 1
  • 3. Indian Premier League Report giggle version that was devised by England in 2003, as a way of reviving interest to its county cricket after five straight years of failing attendances. With this new acquired brand of T20 cricket, India's city-based franchisees had truly come of age with one clear winner: Chennai Super Kings (CSK).From a branding perspective, CSK, declared as the most valuable IPL franchisee began to differentiate itself, and amply benefitted from the high level of identification of power symbols and a sensory palette of unique visual, verbal, and digital expression. CSK , if we observes its trend as an IPL team in terms of in branding and specializing on consumer insight and technology ,should be awarded full marks in every facet of the complex branding process. Especially the team’s potential to build equity by capitalizing on the emotional relationship it shares with CSK fans that derive strength and a sense of identity from their affiliation with their team. Branding definitely plays a very important role in the sport industry in India today. We can again say this because in the last two years established brands such as Pepsi (The Game), Idea (Oongli Cricket), Havell’s (lighting major), and of course, Vodafone (Zoozoos) have campaigns designed specially for the upcoming seasons.As Rajeev Rao, national creative director, Ogilvy & Mather, creator of the Zoozoo campaign along with Prakash Varma of Nirvana Films, said in an earlier interview to Business Standard, “It is all about a clutter- busting idea.”Over the seasons, there have been marketing circles which are abuzz with talks of a brand overload around the Twenty20 tournament, thanks to the numerous advertising and sponsorship opportunities floated by the IPL, ranging from television (Sony Max and Colors) and Internet (YouTube) to team sponsorships, ground sponsorships and theatre rights.Before every IPL season, each of the eight franchisees sells every possible sponsorship property including apparel, kits, beverages and even post-match parties which helps to increase IPL’s brand value to a great extent. IPL, sports marketing is coming of age in India.Many brands do not fail to associate with the league due to the sports’ popularity.Clutter is a reality outside IPL as well. IPL has roped in HSBC, Royal Challangers and HP as main sponsors, while Coca-Cola, Airtel and Samsung are associate sponsors.YouTube even stuck a separate advertising Great Lakes Institute of Management, Gurgaon – Group 1
  • 4. Indian Premier League Report deal for the UK which tells us how international branding also plays a very important part in the sports industry in India. UFO Moviez, which has exclusive rights for screening of matches at theaters and public places, is currently eyeing an estimated Rs 40-50 crore in revenues.PVR Cinemas president PramodArora say revenue streams in terms of branding will be small for multiplexes this year but will become more significant in the coming years.Hotelsmostly expect Rs 40-50 crore revenues through room occupancies and food & beverages sales. Rajeev Menon,area VP(India,Malaysia and Maldives) believes that IPL has always come at a good time for hoteliers, , with teams, other delegates and fans coming in large numbers. Despite it being offered on several mediums, most viewers are catch the matches on TV and Sony Max and the official broadcasters pulled in Rs 850-900 crore through advertising deals from the previous season."There are various ways IPL content can now be consumed though I believe television will remain the largest platform by which consumers will watch IPL matches," says L K Gupta, chief marketing officer at top consumer electronics firm LG India.Hence, we can successfully say that branding of professional sports in India, is slowly gaining momentum day by day,or shall we say,season by season with IPL! We shall now see as to how a team contributes to the branding of a player and what does a player contribute to the branding of a team. In IPL each team has a mix of players from India and other nations. There is a mutual contribution of a player to the team and vice-versa. As far as the branding of the team through the player is concerned,with the involvement of players from several nations, IPL has become a global brand. Also each team is liked and promoted keeping in mind the mix of the players (both national and international). Additionally the organizers of the game believe that though a domestic league, IPL will be a global business with global investors, global players, and a global broadcast.In this global level game which is promoted also keeping the cities at the heart has certain rules for the franchises before the auction for individual players started (since 2008). It had selected a few senior players as icon players and they represented the city they hailed from.The rule made it mandatory for the icon players to play for their cities to increase the fan base and loyalty for a particular franchise intheir respective city.The strategy to keep the icon players from the respective cities helps to promote the whole event from the patronage of the followers from the place of the teams. Then the anthems, songs, & merchandises in the presence of these players only add to the feeling of patronage in India. As far as the team’s brand endorsement through the players is concerned, IPL has created a benchmark of being the high point of the cricket odyssey in India. It has become an expression of the Great Lakes Institute of Management, Gurgaon – Group 1
  • 5. Indian Premier League Report emerging new reality of world cricket and of the growing Indian influence in International League games.In general, celebrity endorsers may draw attention to ads, increase awareness of the brand, and help to differentiate one brand from another. Advertisers hope that positive attitude toward the endorser will transfer to the ad and the brand. Source credibility is an important influence on the formation of attitudes toward endorsers and the transfer of this affect toward the endorsed brand. The superstar players have high brand equities due to many reasons. From the behavior perspective, the brand value could stem from the cultural meanings with which these celebrity players are endowed. Such cultural meanings may include status, class, gender, and age as well as personality and lifestyles. Players brands are valuable because these cultural meanings can be passed from the celebrity players to consumers through services provided (e.g., games) and products endorsed. Such superstar effects arise because of joint consumption technology and imperfect substitution of consumers’ preferences. The joint consumption technology indicates that a large number of people can consume the “celebrity” service together, thus implying great economies of scale for superstars. The imperfect substitution means that quantity cannot substitute for quality; that is, the value of watching a superstar player is higher than the value of watching several mediocre players. And this is the one of the vital reasons as to why branding in Indian Sports has increased drastically.Most importantly, it is also ensured that celebrities are chosen accordingly whose image fits properly with the sport they are associated with.This can be explained by seeing the framework on brand alliance as follows: Conceptual Framework on Brand Alliance The above diagram explains that there is certain value added by the player to the brand of the team. Further, there is certain value which is added by the team to the brand equity of the player. Thus, both together form a brand alliance to add value to the complete system. Great Lakes Institute of Management, Gurgaon – Group 1
  • 6. Indian Premier League Report Now we will see as to what a team contributes to the branding of a player. Opportunities in International level Cricket The major advantages of IPL are that many unknown players across the country get an opportunity to prove their talents.Times where Ranji Cricket was considered as a gateway for entering International Cricket arena has been overshadowed by IPL cricket now. Players who have outperformed in IPL have been given a shot to showcase their talent in International Cricket.The most important players in any side are the ones who perform in big match situations – the knockouts (or playoffs) in a tournament and the deciders in bilateral series. They are the ones who relish the big challenges and produce their best when their teams most need it. They are the real gems of any side when their teams go on to lift the trophy – they are the ones who define the tournament (or series, in bilateral encounters) – this is the real legacy of a player. Amongst the 9 squads in IPL 2012, there were 57 players who have a history of series/tournament-defining performances. It is perhaps not a coincidence that amongst the teams that have made this year’s knockouts, the team with the maximum series/tournament-defining players have made the playoffs– all four of them. Table 2 contains the complete list with the respective teams (arranged as per their positions in the final league table) and the number of players in each team who have had such performances in their T20 careers. IPL: A Money Game :With the example of England batsman Kevin Petersen’s shocking retirement, it is said that players are tempted to play in the Twenty 20 competitions to earn more money in less time. The influence of the IPL in most of these decisions is massive. Players will always choose maximum income from a minimal time commitment if they have the chance.The major advantages of IPL are that many unknown players across the country get an opportunity to prove their talents.Times where Ranji Cricket was considered as a gateway for entering International Cricket arena has been overshadowed by IPL cricket now.Being associated with an IPL Team for any cricketer can be substantiated by the survey result conducted by the Federation of International Cricketers' Associations (FICA). They took an opinion among 150 players and came to the conclusion that IPL is the most important game for them professionally. The poll result: 32% players aim to quit the international cricket early for IPL and other T20 leagues. 40% say that they imagine putting IPL above country as international schedule is usually very hectic. Great Lakes Institute of Management, Gurgaon – Group 1
  • 7. Indian Premier League Report 94% feel that the budding cricketers will train themselves mainly for T20 pattern as IPL offers a huge fee 39% point out that spectators are losing interest in One Day Internationals as many tournaments are being held every year. Thus, IPL's advantages are remarkable but one must see that commitment towards country does not suffer. IPL teams keep changing with time with the removal of old, under-performing players and addition of new players in the team. These new players are added in the team to make the team stronger and to fill up gaps that were left in the previous year’s game. Adding new strong players in the team also increases the brand equity value of the team. Some new players that got involved in IPL 2012 are: Sunil Narine and Marchant de Lange joined KKR; Thisara Perera, who has played for CSK and KTK in previous IPL seasons, played for MI in IPL 2012; Mahela Jayawardene who has played for KXIP and KTK previously, joined DD. Rookies are taken into team to bring in new energy and to promote new talent. They are trained under experts and experienced cricketers. Rookies are also taken in team when team has certain budget issues. For eg: Graham Napier from England was selected in IPL season 2 2009 to play for MI. Since contribution of player towards the team is crucial and so is team contribution towards branding the player, let us now look at few contrasting points between a new (rookie) players who joins a team versus a player who is well established and has been playing in the team for a while. Some differentiating points are: Brand Identity: The new player has to establish its brand identity in the team using his strengths and qualities while an established player had already done so over a period of time. Bidders, viewers and owners of the team look at the past record of the player to access what his strengths are and how that strength can be leveraged in the team for building up a strong team. The new player has to always prove his capability as a player even though he would have played matches elsewhere but his performance may tend to vary in the IPL team. Core Competencies: There might be players with same core competency i.e., bowling, batting or wicket keeping. So a new player has to compete in the team against an established player in order to emerge as a stronger player compared to the other one. Competing against each other would also result in better performance in the team. Team Culture: An established player is well aware of team’s culture and its values. A new player has to make the efforts to understand the team’s environment and get adapted to it. Also, IPL Great Lakes Institute of Management, Gurgaon – Group 1
  • 8. Indian Premier League Report brings players from other countries in a team to play with each other while some of these players were playing against each other in other matches. It becomes difficult to adjust to the new values the team has built up. So a new player sometimes requires time to gel in the team’s culture. Trust/Creditability: Generally trust/creditability is more on an established player than a new player because the team knows his performance, skills, competencies and experience with the current team. A new player has to work on gaining trust in the team. Performance: A new player will also have pressure to perform well in the team otherwise critics may question his selection in the team, while the scenario is different for an established player. An established player could risk not performing well in the team as he might have performed well in past proving his capability and loyalty to the team. The challenges are more complex for a rookie as compared to that of an established player due to prior exposure to the game. Growth: A new player in the introduction phase of the game has to adapt to the new changes while an established player at the same time would be in the growth or maturity phase of the game. Energy levels: Energy levels might be high in case of a rookie as he has new experiences and to prove his identity in the team. An established player would be an enthusiast and keeps encouraging the team to work hard while a rookie works on developing his own self and getting adjusted to the team. “Icon Player”: While an establish player can get benefit of relating his image to that of an “Icon Player”, a new player might not get it soon. Because association of that player with the state and show casing strong talent is necessary this would have already been served by an established player. Experience and Associations: A rookie lacks experience and associations with the brand. While an established player can boast of having international and varied experience like that of one-days, test matches, playing and performing under pressure, etc. Since the player is new to the game, he doesn’t have many brands associated with him, so the team as a whole might not see many benefits out of him. With ever changing IPL, not only new players are getting involved in the event but also many new teams are being formed. New teams increase the competition and thrill of the game. Hyderabad is planning to introduce its team for IPL 2013. Likewise, Pune and Kerala added their teams namely Pune Warriors India Great Lakes Institute of Management, Gurgaon – Group 1
  • 9. Indian Premier League Report and Kochi Tuskers Kerala in the year IPL 2011 and gave tough competition to all the established teams. Lets us look at some contrasting points between a newly formed team and an established team. Players: New teams bring in new players, who didn’t participate in IPL previously and some players who have played IPL previously. But the difficulty that a new team faces is to bind the team together. Again here, players have played against each other at some point in time, so it becomes essential for the players to work as a team towards a common set goal. Vision/Goal: A new team lacks vision and goal. The team as a whole has to form a common goal that everybody must follow. An established team already has clearly defined goals while the it takes time to define goals in a new team. Culture: The newly formed team has to define a culture that it wants to inculcate in its team players. Also some of the players might be new to IPL. So the culture has to be developed to share knowledge with fellow cricketers. An established team has well defined culture, a coach and experienced players in the team. Enthusiasm in Team: The newly formed team is full of energy to perform in the IPL for the very first time. This energy level is different from that of an established team. Pressure to Perform: The newly formed team has to face more pressure than an established team to prove its identity. The defeat can also result in loss of faith of public and sponsors. It becomes extremely difficult to bring in sponsors next time when a newly formed team has performed badly the first time. Pressure is also to deal with critics that may come up with formation of a new team. An established team can afford to perform badly in a couple of matches or in a season because it has some past evidence to prove its existence. Since we have now analyzed the role played by sports teams and sportspersons in branding a competition and vice-versa, and what challenges a new player and a new team faces, it’s important to also understand the consideration(s) which may make a player choose a sports team and sports teams choose a player. Since IPL has been the context all along, this would also be using the same case-based examples. Generally, rookies are spotted and taken into training by junior level coaches of these sports teams from amateur level competitions created specifically by these sports teams within their cities. The second way is Great Lakes Institute of Management, Gurgaon – Group 1
  • 10. Indian Premier League Report the traditional selection that happens from first class cricket matches. It is during this time that the players get observed closely and continuously by these coaches and are referred to the senior coach. Finally, the senior coach decides to observe one performance of the rookie and make the decision. However, there are also cases of talent spotting happening across states and offers being made to rookie players of different states. The case of Ravinder Jadeja and IPL team Rajasthan Royals is one such example. Once they start performing and putting in good situation defining performances he is slowly promoted as the face of the brand itself through merchandising, advertisements and events. It is at this point, when he comes to the limelight of the nation, other brands and consequently the national team. Hence, it becomes very important for a rookie to choose his team and for a expanding team when choosing players. We have also learnt from our previous findings that how a local player can break the clutter for the team by either an icon status or putting season defining performances. So in the first part we present our marketing advice to a rookie player in a choosing a team without using brand jargons. 1. He should consider the team’s performance for the recent few years on the pitch. 2. He should look at team’s off-the-field image especially in terms of player conducts and controversies. Sometimes negative marketing helps to bring the team to national attention, but has a reverse affect on popularity among general population of cricket fans, which would never benefit a rookie. 3. He should look at the composition of the team in terms of foreign players, Indian national team players and rookie players. He must see how many rookies have been given front-line opportunities within the team, how has the association benefited their careers and how would it benefit the learning/experience he would get out of joining this team. 4. He should look at the way the rookie players are contracted which typically should be performance oriented and never fixed. 5. He should look at the team’s visibility nationally and globally. We have learnt that IPL is a global brand now and teams are promoted on all forms of media channels, hence it becomes important for a rookie player to see the presence of the team it chooses throughout all mediums of reach. 6. He can also look for sponsors associated with the team because later on it’ll help him build up public relations in the media. Great Lakes Institute of Management, Gurgaon – Group 1
  • 11. Indian Premier League Report In the second part, we try to present our advice to a expanding team when choosing new players. We understand that the team and their owners as well as BCCI follow a tried and tested way of player auctions. This is already popular in sports like football and basketball all over the world. We have also learnt from this research that icon players and top performing players form the face of the team in advertisements and other promotions. Therefore indirectly the revenue channel for the owner. 1. The relation can be understood from the brand framework alliance described previously when choosing a new player in terms of equity addition measured directly against the cost of buying and contracting the player. 2. A healthy mix of foreign, national and rookie players is necessary not only as per rules but also to keep the authenticity of the team in front of supporters of the game. A healthy mix will ensure varied experience that the players will have that’ll the team to face challenges. 3. Due to relaxation of icon player rule in recent times, many teams now scramble to get the big players in their roster. This may adversely affect the development of rookies and its brand value as the new player was the face another team for a number of seasons. Supporters do not change associations very quickly. A good example here is the New York Yankees or Manchester United where players are never promoted to be larger than the club itself. This is the reason the recall of the team happens first and then the players associated with it. 4. The player’s on-field and off-field image also plays an important part in the team’s decision to buy him. This is because of the direct relation it has on the brand equity of the team. 5. Brands associated with a player also matters as this can help the team arrange for sponsorships. 6. Select players who will be able to align well with the culture that the team wants to build. To conclude, in this report we have tried to reflect our understanding of the Indian Premier League, as to how branding in Indian Sports have shown a tremendous increase, how the teams in IPL and players are contribute to each other, different situations of rookie and established players and what marketing advice can be given to IPL teams when they want to expand. IPL is a sport or should be say, a brand by itself which is still nurturing and has brought India into the spot light. This phenomenon of IPL would surely keep showing its fame down the years. Great Lakes Institute of Management, Gurgaon – Group 1
  • 12. Indian Premier League Report Appendix Table. 1 shows the selected icon players in the year 2008. Table.1 Icon Players in IPL (2008) PLAYER FRANCHISE Rahul Dravid Bangalore Sachin Tendulkar Mumbai SauravGanguly Kolkata VirenderSehwag Delhi VVS Laxman* Hyderbad Yuvraj Singh Mohali Source: www.indiatwenty20.com. * VVS Laxman voluntarily opted out of icon status so that Hyderabad franchise would have more money for bidding. Chennai and Jaipur had no senior players from those cities to be awarded icon status. Table 2: List of players in the IPL for 2012 Great Lakes Institute of Management, Gurgaon – Group 1