Brand audit kings xi
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Transcript of Brand audit kings xi
The Lions are Back !!
Brand AuditKings XI Punjab
by
Team Red #6Mudrika Talwar Sherman Lewis Chirine Nahas
Roisin Wilson Sergio Felgueres Gianluca Caruso
AdviceAssociationExploratoryRationaleInventory
Conclusion
Inventory
•A great game gets fans in the stands once. A great story gets fans coming back for every game.
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Owners
• Ness Wadia• Indian businessman belonging to the Wadia family
• Preity Zinta• Indian film actress. Girlfriend of Ness Wadia
• The Oberoi Group
• Karan Paul
• Mohit Burman
Inventory
The group paid a total of $76 million to acquire the franchise
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Fans
• The fan club is called the Lions Den. Lions Den is currently under maintenance.• There is one basic app for iPhone that lets fans know
stats for the team
Inventory
367,480 Likes 136,500 Followers 252,196 circles
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Stand Name Price E.Tax Total Gate No.
Chair Block 1 5.44 1.36 6.80 GATE 5 & 6
Chair Block 2 5.44 1.36 6.80 GATE 11
North Chair Block 1 6.80 1.70 8.50 GATE 7
North Chair Block 2 6.80 1.70 8.50 GATE 10
VIP Block 8.84 2.21 11.05 GATE 4
Pavilion Terrace 47.60 11.90 59.50 1 C
North Pavilion 54.40 13.60 68.00 GATE 9
Corporate Box Level 1 108.80 27.20 136.00 1 B
Corporate Boxes Level 2 163.20 40.80 204.00 1 B
Ticket Prices (in USD)
Inventory
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Sponsors and Partners
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• T-shirts
• Caps
• Flags
• Scarves
• Key Chains
• Trumpets
• Watches
• Hats
• Bobble heads
Merchandise
Inventory
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• Kings XI Punjab videogame• e.g., EA Games, ESPN Games, Nintendo, Xbox etc.
• Kings Punjab Mobile Game with social interaction between Facebook fans• e.g., Zynga
• Collectible album with current and old players. Limited edition cards etc.
Ideas to keep fans engaged
Inventory
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• The Mission is to promote cricket within the Punjab region by providing global exposure to local talent, and attracting new audiences for the sport through innovative presentation
• Lions bring to life the phrase ‘Sher-e-Punjab’, or ‘Lions of Punjab’.
• Punjabis like to see themselves as brave, royal and with huge hearts, qualities best epitomized by a lion.
• Punjabi Kings have …. a lion’s heart: big and brave. They are passionate and committed. Winners who are good and fair sportsmen!
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The Lions of Punjab
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SALIENCE
PERFORMANCE IMAGERY
JUDGEMENTS FEELINGS
RESONANCE
1. Identity =WHO ARE YOU?
2. Meaning =WHAT ARE YOU?
3. Response =WHAT ABOUT YOU?
4. Relationships =WHAT ABOUT YOU AND ME?
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Brand Equity Pyramid
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• Kings VI Punjab scored fifth on the scoreboard of the biggest brand values with a $15.6m worth*
• They scored second with 54% on the highest brand awareness scoreboard following the Delhi Daredevils (55%)*
*(Source: IPL Brand Valuation – 2009)
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Salience
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• Continuity• Despite many down-turns in 2008 and 2011,
the team has managed to regain its groove
• Commitment• The team remains loyal to its fan base by
fighting controversial issues and staying true to their culture and values
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Performance
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• Team emblem• The Crest – Mark of a brave winner• The Banner – Letter sequence K.J.H.P.H,
symbolizing the states represented• The Lions – Strength, Fierceness of Punjabi &
desire to excel in cricket
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Imagery
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• Quality: reflected by the Punjabi culture• Credibility: reflected in the team’s beliefs
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Judgements
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• Excitement• Respect• Passion• National Pride
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Feelings
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• Behavioral loyalty of fans• Team merchandise (t-shirts, caps, flags, etc.)
• Attitudinal attachment• Die-hard fan explicit cry-outs on fan pages
• Active Engagement• Facebook fan page stronger among younger segments
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Resonance
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Facebook Fan Page
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Facebook Fan Page
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Associations for success
Both team and league are young, time to create myths is now
Winning will get fans into the seats once, a great story will keep them coming back
Create a memorable story now that resonates with fans
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AdviceAssociationExploratoryRationaleInventory
Sometimes a single player can have more followers
than a team
Nothing is more effective than
victory: it increases visibility, even
through sales of merchandising
Sport is a show, to make it itinerant would naturally
increase audience, awareness and,
potentially, follower
Leverage players appeal: the Beckham model
Build a winning team: winners are loved
Export the “product”: international
demonstration performances and
shows
Advice to Club Leadership
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THANK YOU !
Strengths• International coach, Australian batsman
Darren Lehmann• Strong team: successes in 2012• 2012:/ 6th out of 9 teams• Social media presence• Well known sponsors • Lion logo/ anthem• 136K followers on twitter /368k likes on
Weaknesses• Past termination by the IPL committee • Owners gave away Dinesh Karthick and let
Abhishek Nayar & Paras Dogra highest run getters in domestic league go
• Lost most recent match against CSK • Mixture of written languages/ religions –
must unite fans under one banner
Opportunities• Return to IPL / new brand • Youth section• Room to expand into different areas• Room to increase market share – big
region/ abroad• Farmers 39% of workforce- partner with
related products- Amul? • Games out of season
Threats
• 2010 Threat to brand. Accusation of racism after cheerleaders were denied entry
• Past dispute with Punjab Police and Nadia Wadia– sour relationships
• Risk of no security from police• Mixture of faiths – must be culturally aware• Lose support out of season
SWOT Analysis of KXIP