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Ib - Mumbai Indians

The document provides a summary of a branding analysis of the Mumbai Indians cricket team. It discusses the team's history and success, winning two IPL championships. As the team based in Mumbai, they have a large fan following and market opportunities due to Mumbai's large population. The culture of cricket in India and fans' dedication to the sport allows the Mumbai Indians to attract major sponsors. They have signed prominent players like Rohit Sharma that increase their popularity and sponsorship prospects. Competition in the IPL is intense as teams compete during the player auction to build winning rosters.

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0% found this document useful (0 votes)
167 views16 pages

Ib - Mumbai Indians

The document provides a summary of a branding analysis of the Mumbai Indians cricket team. It discusses the team's history and success, winning two IPL championships. As the team based in Mumbai, they have a large fan following and market opportunities due to Mumbai's large population. The culture of cricket in India and fans' dedication to the sport allows the Mumbai Indians to attract major sponsors. They have signed prominent players like Rohit Sharma that increase their popularity and sponsorship prospects. Competition in the IPL is intense as teams compete during the player auction to build winning rosters.

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MUMBAI

INDIANS
INTERNATIONALBRANDING
GROUPF:ARIANA,
JAQUELINE,JOSE,
LYAZIZ

AcomprehensivebrandinganalysisoftheMumbainIndianscricketteam.

MUMBAIINDIANS

Table of Contents

Executive Summary.....................1
History.................................................2
Country Culture..............................4
Industry Trends..............................5
Competition......................................7
SWOT Analysis.................................8
Target Audience...........................11
Conclusion.....................................13
Resources.......................................14

MUMBAIINDIANS

Executive Summary
TheMumbaiIndiansarethemostsuccessfulcricketteamintheIndianPremierLeague,
referredtoastheIPL.TheirsuccessisreflectedintheirtwoIPLchampionshipwins,andthe
teamsworthof$111.9million,makingthemthemostexpensiveteamintheleagueaswell.
Thelocationoftheteamplaysanintegralparttotheirsuccess.Mumbaiisthemostpopulated
cityinIndiaandthecapitalofthestateMaharashtra.Mumbaiopensuptheteamtothelargest
marketinIndiacomparedtotheotherteamsintheIPL.
LocationperformsasastrengthtotheMumbaiIndians,however,theteamstillhas
weaknesses.Ifgamesdonotgowellandendinaloss,theteamsometimeswillreactbyfiring
akeymanager/playerortradingaplayer.Thisdoesnot,understandably,gooverwellwithfans.
ThatwouldbelikefiringAaronRodgersjustbecausethePackerslostonegame.Inacountry
wherepovertyratesarehigh,stabilityandgoodnewsispreferred.Therefore,thenewsofa
sackedmanagerorplayerwilldimthelightofinterestintheteamamongfans.Thiscorrelates
toHofstedesdimensionofIndiahavingamidrangelongtermorientation.
Indiacelebratestheircultureandrelishesintheircultureandhistory.Thereforeitisno
surprisethatthesport,cricket,issopopular.Similarly,Indiansareveryreceptivetotelevision
commercials,courtesyoftheBollywoodindustry.ThisgivestheMumbaiIndianshuge
opportunitiestobroadcastgamesonthetelevisionnetworksandadvertisetheteamandas
well.Thisalsoopensupthedoorforsponsorswhowanttobeassociatedwithasuccessfuland
historicteam.Mastercard,forexample,isoneoftheofficialfoundingsponsorsoftheMumbai
Indians,andthetwohaveformedastrongrelationship.

MUMBAIINDIANS

History
TheMumbaiIndiansareoneofthefoundingteamsoftheIndianPremierLeague(IPL),
whichbegantheirseasonin2008.Sincethen,theIndianshavecontinuedtobeinthe
championshiptournament,despiteslowgrowthofotherteams.In2007,beforethestartofthe
newleague,theMumbaiIndiansweresoldfor$111.9million,whichmakestheteamthemost
expensiveintheleague.ItisownedbyRelianceIndustriesamajorconglomeratelocatedin
Mumbai.

http://www.newindianexpress.com

Aftertwoyears,theMumbaiIndianswontheirTwenty20championshipwhichledtheteam
tomorerecognitionafterpastfailedseasons.In2013theywereabletowintheTwenty20
tournamentagainplusanIPLchampionshipthesameyear.Thispastyearmarksthesecond
timetheIndianswontheIPLchampionshipmakingthemoneofthemostsuccessfulteamsin
IndiaduetothefactthattheywontwoIPLchampionships.

MUMBAIINDIANS

History (cont.)
SincetheteamisbasedoutofMumbai,theIndianshavealargefanfollowingstartingfrom
theinauguralseason.Itisoneofthemostwatchedteamsintelevisionaroundtheworld.Itcan
beconsideredanIndianbrandbecauseofthelargefollowing.CompaniesliketheEtihad
AirwaysandJetAirwaysviewedthisopportunitytobecomeasponsorfortheMumbaiIndians
startingfrom2014.BothLogosofthetwocompanieswillbefeaturedoneithertheHomeor
Awayjerseyforthenextseason.Havingalargeviewership,theIndiansareabletogrow
throughtheirfanbaseandalsolargesponsorships.

MUMBAIINDIANS

Country Culture
India,alargecountryintheSouthofAsia,boastsapopulationof1.25billion,andhasthus
beengarneringagreatdealofattentionforitsrapidpopulationgrowthandvastmarketpotential.
AccordingtotheHofstededimensions,Indiahashighpowerdistance(77),lowindividualism(48),
midrangemasculinity(56),lowuncertaintyavoidance(40),midrangelongtermorientation(51),
andverylowindulgence(26).Thesearealldirectreflectionsoftheirveryfamilyorientedculture,
highpovertyrates,andlowGDPpercapita.ItisimportanttonotethatIndiastilloperatesundera
traditionalcastesystem,makingitfairlydifficulttomovefromoneeconomicclasstoanother.This
affectsbranding,becausethoseinlowerclasssystemsmaynotbeexposedtothesamemessages
asothers,thereforeaffectingtheirperceptionofthecountry'scultureandpromotionalmessages.
Indiaisuniqueinthatitsculturespansacrossseveralsubculturesthatdifferbasedonthe
regionofthecountry.Ingeneral,however,thenationboastsanextensivecultureoffullflavored
cuisine,severalsacredreligiouspractices,uniqueclothing,andvividperformingandvisualarts,
suchasBollywood.AnotherimportantadditionisthecultureofsportsinIndia.Fieldhockeyisthe
officialnationalsportofIndia,butitdoesaccumulatenearlythesameamountofbuzzand
excitementamongcitizensascricketdoes.ThededicationthatIndianshavetocricketcanbe
likenedtotheAmericanzealforfootball.ThesporthasbeenanintegralpartofIndiansportculture
since1721,backwhenthenationwasonewithPakistan.Sincethecountrieshavesplitintotwo,
theymaintainalongstandingrivalryinthegame.andsincethetwocountriessplit,hasalong
standingrivalrywithPakistan.Indiahaswonseveralworldwideandnationwidechampionshipsfor
cricket,andtheteamstakegreatprideintheirgame.

MUMBAIINDIANS

Industry Trends
TheMumbaiIndiansareoneofthelargestteamintheIPLandthusretainsomeofthe
biggestsponsorships.CompaniessuchasHTC,Pepsi,Ethihad,Adidas,MasterCard,and
Paytmaresomeofthesponsorsoftheteam.GettingsuchlargesponsorsintheIPLisnotthat
easy,butbecausetheteamhasagreatrecordintheleagueaswellassomemarqueeplayers,
theyhavebeenabletoobtainandmaintainthesepartnerships.TheMumbaiIndianshavebeen
oneofthemostdominantteamsintheIPLsince2009whenthefranchisefirstbegan.Unlike
otherteamsintheleague,theMumbaiIndianshavebeenabletotoptheothersduetothe
strongfinancialstatusaswell.
Thetypeofplayersthattheteamssignhavehugeeffectonthesponsorshipopportunities
theteammayachieveinthefuture.Essentially,thehigherprofile,popularplayerswillgarner
moreattractiveandgeneroussponsors.TheMumbaiIndianshavesignedmultiplewellknown
playerssincethestartofthefranchise.Thoseplayerswereinstantsuccessesintheleagueand
becamequickfanfavorites.RohitSharmawasoneofthosemarqueesigningsthattheteam
madeandhehasprovedsuccessfulforthebrand.Whatsetshimapartfromotherswasthe
factthatheworkedupwithintheorganizationfromarookietotheircurrentcaptain.Theright
handedbatsmancosttheteamawhopping$2million,makinghimoneofthemostexpensive
playersinthegameatthetime.Asidefromtheobviousreasonofmakingtheteamperform
better,organizationstreatthecaliberofplayerswithsuchimportancebecauseagreatteamwill
sellmoreticketsandmerchandise.Essentially,organizationstrytocapitalizeonplayersnames
asmuchaspossible.

MUMBAIINDIANS

Industry Trends (cont.)


Thetypeofplayersthattheteamssignhavehugeeffectonthesponsorshipopportunities
theteammayachieveinthefuture.Essentially,thehigherprofile,popularplayerswillgarner
moreattractiveandgeneroussponsors.TheMumbaiIndianshavesignedmultiplewellknown
playerssincethestartofthefranchise.Thoseplayerswereinstantsuccessesintheleagueand
becamequickfanfavorites.RohitSharmawasoneofthosemarqueesigningsthattheteam
madeandhehasprovedsuccessfulforthebrand.Whatsetshimapartfromotherswasthefact
thatheworkedupwithintheorganizationfromarookietotheircurrentcaptain.Theright
handedbatsmancosttheteamawhopping$2million,makinghimoneofthemostexpensive
playersinthegameatthetime.Asidefromtheobviousreasonofmakingtheteamperform
better,organizationstreatthecaliberofplayerswithsuchimportancebecauseagreatteamwill
sellmoreticketsandmerchandise.Essentially,organizationstrytocapitalizeonplayersnames
asmuchaspossible.

http://wicricnews.com

MUMBAIINDIANS

Competition
TheIPLconsistsof11teamsintotalandisthemostwatchedsportleagueworldwide.The
MumbaiIndiansarethemostsuccessoutofthe11teams,astheyhavewonthemostleague
championshiptitles.Moreover,outofthe11teamsonlyfivehaveeverwonchampionshiptitles
intheIPL,whichillustratesthecompetitionisconcentratedanddominatedbythosecore
teams.TheteamsintheIPLarebasedinvariouscitiesthroughoutIndia,suchasinMumbai,
Chennai,NewDelhiandBangalore.Theteamsplayinroundrobinstyletournament,where
theymeeteachcontestanttwice,onceathomeandonceaway.
Inadditiontophysicalgamecompetition,teamsalsofacecompetitionduringrecruiting
season.Playerpurchasesareanextremelyvitalandhighlycompetitiveaspecttoorganizations,
asithelpsthembuildarespectable,winningteam.EachyeartheIPLhostsaplayerauction,
duringwhichtimetheteamsdecidewhichplayerstheywanttopurchasetoaddtotheirmain
rostersfortheupcomingseason.Themostcompellingpartabouttheauction,isthateachteam
getsaspendingcapinordertopreventoneteamfromdominatingtheauctioninordertoget
thebestplayers.ItisinterestingtothinkaboutwhattheNFLwouldbelikeifthissamepolicy
wasimplementedintheUnitedStates.TheMumbaiIndiansspentalmost20milliondollarson
playerduringthe2014auction.Theteamisalreadyconsideredtobeverystrong,however,so
someteamsspentevenmore.ThisproveshowvaluablethesportofcricketistoIndianculture.
ThesimilarityoftheauctionstoAmericansportsdraftsgivesinsightastohowcricketistreated
asabusinessandhasearnedrespectinIndiansports.

MUMBAIINDIANS

SWOT Analysis
ThemostpopularfranchiseintheIndiansportsmarketofcricketistheIndianPremier
League,alsoreferredastheIPL.SixofficialteamsmakeuptheIPL:DelhiDaredevils,KingsXI
Punjab,KolkataKnightRiders,MumbaiIndians,RoyalChallengersBangaloreandtheSunrisers
Hyderabad.TheSWOTAnalysiswillfurtherdetailtheIPLorganizationandMumbaiIndians:

Strengths:
T20cricket
Jobopportunitiestoalleviatepoverty
PlayinlargestcityinIndia

Weaknesses:
"Origin"ofsportisgettinglost
Quicktogetridofplayersandmanagers
Lackofstability

Opportunities:
Largemassaudience
Targetchildrenandteenagers

Threats:
Povertymeansnoteveryonecanattend
games

Strengths:CricketisasportwithhistoryinIndiaandcarriesalotofnationalpride,makingit
popularacrossthecountry.TheIPLparticipatesinTwenty20cricket,alsoreferredtoasT20.
Thisversionofthegameisshorter,allowingtheIPLtostructureanengagingtwoandahalf
hourgameforspectators,alsomakingiteasytotelevise.Thisallowsforcrickettobeamass
sportandthegrowthofthefranchisealsoincreasesjobopportunities.Thesejobopportunities
helpalleviatethepoorpovertyinIndiatosomeextent,creatingfavorinthesportbythepeople.
TheMumbaiIndians

MUMBAIINDIANS

SWOT (cont.)
arepartofthemostpopulouscityinIndia.Thisgivestheteamalargertargetmarketcompared
totheotherteamsintheIPL.
Weaknesses:AcomplaintabouttheIPListhatitsuseofT20hasbecomesopopularthe
otherlongerformsofthesportarestartingtodisappear.Inotherwords,thehistoryandoriginof
thesportisbecominglostinsociety.Indiatakesprideintheirculture,thereforetheshortened
versionofthegameisseenasanegativetosomeoftheoldergenerations.TheIPLteamsare
alsoknownforgettingridofkeyplayersandteammanagerstooquicklywhentheylosegames.
Thiscausesfanstobedisinterestedinthesportwhentheyseetheirfavoriteplayersare
transferredorsacked.Indiahasstruggledwithstabilityofpower,thereforethishighturnoverof
playersintheMumbaiIndiansconflictswiththecountrysmidrangelongtermorientation.
Opportunities:TheIPLhasalargemassaudience,makingitextremelyattractivefor
marketersandadvertiserstocommunicatetothisaudience.Advertisersandsponsorshavea
varietyofchoicestoadvertisethroughtheIPLduetotheseveralplatformstheyareon:
television,mobile,webandstadiumbanners.Anotheropportunityforthefranchiseistotarget
childrenandteenagers.Bystartinginterestinthesportatayoungage,theMumbaiIndianscan
potentiallydeveloplifelongfans.
Threats:Indiaisapovertystrickennation,thereforenotallfanscanattendtheIPLgames.The
MumbaiIndiansplaytheirhomegamesinMumbaiattheWankhedeStadium,whichhas
aseatingcapacityofover30,000.Iftheseseatsdonotfill,theteamlosesmoney.Duetothe
highpovertyrateinIndia,thisisalwaysabigpossibility.Therefore,buildingbrandloyaltyin
thosewhoarewillingandabletopurchaseticketstogamesiscrucialtoeconomicsuccess.

MUMBAIINDIANS

SWOT (cont.)
Likewise,iftheallstarplayersoftheteamdonotgarnertheexpectedattentionoffansorthey
continuetohaveahighturnoverrate,theteamwillpotentiallylosemoney.Marketingand
promotionsarekeytoavoidfallingvictimtothesethreats.

http://www.deccanchronicle.com

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MUMBAIINDIANS

Target Audience
TheMumbaiIndians,andcricketingeneral,tendtocatertomenages15andabove
aroundtheworldthatliketoplayorwatchthegame.Cricketisplayedbyteamsofmen,andthe
largechunkofviewershipismen,similartoAmericanfootball.ThisiscorrelatedtoIndiasmid
highmasculinityof56,whichisfairlysimilartoAmericasmasculinityof62.InEngland,where
thegameofcricketisthoughttohaveoriginated,thetargetaudienceforthegameismenages
1438(forT20matches)(Chadwick,2008).Itiscrucialtonote,however,thatoverhalfofthe
entireIndianpopulationisundertheageof25,duetotheirpopulationboom.Thisaltersthe
targetaudiencedrasticallyforthegameinIndia,andisagreatexampleofhowculturalcontext
canchangethemeaningofanything,evensport.
Thegameofcricketandteamloyaltyisusuallypassedonbetweengenerations,because
mostmenwhowatchitandare,orhavebeen,involvedinthegameinsomeway.Nationaland
regionalpridelendreasontofollowspecificteams,andpiggybacksofftheideaofbrandloyalty.
Anemergingaudiencetokeepaneyeonareyoungchildren.Therehasbeenaninfluxofstreet
playwiththegameofcricket,andhasevolvedintoaneighborhoodbondingmethod,asis
becomingabigpartof

http://www.futurehope.net

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MUMBAIINDIANS

Target Audience (cont).


Indianyouthculture.Thesechildren,despitetheiryoungage,developanunderstandingofthe
gamethroughplayingwiththeirfriendsandpeers,anditprogressestobeamajorpartoftheir
sociallifethatway.IPLisdefinitelyagoodwindowandanattractiveandpropertytotargetour
audience:theyouth.(Vats,2010)India,unliketheUnitedStates,doesnothavestrict
regulationsintermsofadvertisingorbrandingmessagestargetedtowardschildren.Many
regulatorybusinessorganizationsexistwiththepurposeof"monitoring"messages,butact
moreasmoralguidanceduetothefactthattheydonotpossessanylegitimatepowertostrike
downadvertising.Additionally,thesegroupsaremoreheavilyconcernedwiththeadvertising
andmarketingofjunkfoodandsugarybeveragestochildren,thantheyareaprofessionalsport
that,whenplayedinteamsinlocalneighborhoods,hastheopportunitytofosterteambuilding,
leadershipskills,andlifelongfriendships(Vadehra,2010).

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MUMBAIINDIANS

Conclusion
ItisclearthattheMumbaiIndianshavesomegreatopportunitiestobrandtheirteam,
despitehowwelltheyarealreadypositionedinIndiancricketculture.Theirlargeandloyal
fanbaseistheirmostpowerfulweapon,andisthefuelthatwillfeedtheirfireinthecricket
leagueasIndiacontinuestogrowasacountryandaculture.Theteamhasdonewellsofarin
maintainingtheirloyalfans,butourSWOTanalysisgaveinsightastohowtheycandoeven
moretostrengthentheirfanrelationships,suchasstabilizingpower.WealsoseethatIndiaand
crickettendstorelymoreontraditionalmedia,specificallytelevision,forbroadcastrevenue.
ThisisanavenuethattheIndiansshouldcontinuetoleverageastheirteam,andIndias
population,grows.
Additionally,itwaseasytoseehowtheHofstededimensionsaresuchanaccurate
representationandreflectionoftheIndiancultureasitrelatestocricket,inaspectssuchas
teamstability(longtermorientation)andtargetaudience(masculinity).Therefore,thewayin
whichbrandingmessagesareperceivedareheavilyaffectedbythevaluesoftheIndianculture
thathasbeeninstilledincitizens.

http://www.mumbaiindians.com

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Resources
Chadwick,S.(2008).InternationalCasesintheBusinessofSport.Oxford,UK:Butterworth
Heinemann.263.Print.
CricketinIndia:It'sBigBusinessbutNotBusinesslikeKnowledge@Wharton.(n.d.).Retrieved
December4,2015.(http://knowledge.wharton.upenn.edu/article/cricketinindiaitsbig
businessbutnotbusinesslike/)
EtihadAirwaysandJetAirwaystosponsorMumbaiIndiansforIPLseason.(2015).Arabia
2000.
MumbaiIndians.ClubProfile|MumbaiIndians.(http://www.mumbaiindians.com/club/club
profile)
Pritchard,A.(2011).Caughtbetweenabaseandafootplace:thefirstyearofoperationofthe
IndianPremierLeague.InternationalJournalOfSportsMarketing&Sponsorship,12(2),153
166.
Twenty20Vision.(n.d.).RetrievedDecember4,2015.
(http://www.imrpublications.com/ExecutiveSummary.aspx?sid=8&rid=1)
Vadehra,Sharad(2010)."AdvertisingtoChildreninIndia."YoungConsumers11.2:15355.
Print.
Vats,R.(2010,March10).IPLonGoogleputsdigitallandscapeinmainstreamfocus.
HindustanTimes.
Zimmerman,K.(2015,January30).IndianCulture:TraditionandCustomsofIndia.
LiveScience.(http://www.livescience.com/28634indianculture.html)

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