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Chennai Super Kings

                      Great Lakes Institute of Management
                         Team Name : the3musketeers

                                 Team Members:
                      Sushant Midha          9176610426
                      Tushar Arora           9176633879
                      Vikram Choudhary       9381766572

                            Vikram.01.8@gmail.com
                          4EB1B55CC49483.34625819
“A great brand is one that drives choice, builds loyalty and allows the
                  brand to demand a price premium”
Roadmap to increase CSK Brand
                  Valuations

                                                                This increased
                                               Leverage upon    brand value can
                                               this             be used to
                                               recognition to   create further
                              To increase                       new assets e.g.
                              brand            convert them
                                               into profits     foraying and
                              recognition by                    investing into
               Leverage       involving fans                    emerging
               upon this      in its                            cricket nations
               performance    promotional
               to increase    activities
Consistent     revenue
performance    through
by Chennai     ticket sales
Super Kings.   and
               sponsorships
T • Introduce more ticket collecting centers at places with more foot-
          I   falls like food joints (Pizza Hut) and cafes (CCD) for visitors ease.
          C • Schemes like special group ticket rates, a free-ticket on buying CSK
          K   merchandise or any other sponsor merchandise can further act as a
          E   catalyst for enhanced ticket sales.
          T • Tickets for the matches with a lower occupancy forecast can be sold
              via educational institutes at discounted prices with a value
          S   proposition of promoting sports culture.
          A • Creating additional seating capacity outside the stadium and
          L   screening the live match on projector screens.
          E • For ardent fans- “One ticket for full fun”-single ticket for all CSK
          S   matches in the season
                                                                     F
• Discount Coupons – Introduce discount coupons from all the         A
                                                                     N
  possible sponsors
• CSK Vs. Fans – Special contest to select ‘Fan Team’ and friendly   C
                                                                     L
  match with CSK team.                                               U
• Creating a “Fan Charter”- Citing charachteristics of a CSK fan.    B
Leveraging existing brand assets
L
I   • In order to counter fake merchandise a “Fan Oath” could be
C
E
      created, necessary for all CSK fans, encouraging them to
N     abandon fake CSK merchandise
S
I   • Also fans could be motivated to contact CSK with any
N
G
      information related to CSK counterfeit goods.
    • Distribution network of an FMCG can be leveraged for
&
      merchandise sale. This would also provide extra sponsorship
M     for CSK.
E
R   • Sporting apparels with players’ name can be introduced to
C
H
      improve brand visibility throughout the year.
A   • The Brand apparels featuring players’ record can be
N
D     introduced. Personalize T-shirts – Personalized Products
I     always have a feeling of close relationship which can
S
I     increase sales.
N
G
Leveraging existing brand assets
           C
           O • Social Media – make it available on social media to make it more
           M   visible and hence attract customers.
           I • Fans can be encouraged to created their own version, the best
               of which would be published in the comic.
           C
           S • Distribution channel of our sponsor ‘Hindu’ can be used to
                  make it widely available.

                                                                     WHISTLE
•The product placement of various brands can be done in this
video. The brand inclusion has to be minor as theme of the song
cant be compromised upon.
•A competition can be started on the CSK Facebook page asking
people to make their own ‘Whistle Podu’ videos. This could act
as a medium to reaching out to the fans.
                                                                       PODU
Leveraging existing brand assets
• An event like ‘Sign for CSK’ could be started to collect fan’s information.
• This information can be used to provide them products & services, for
  consumer profiling, market research.
• ‘Spread the word’ event on Facebook could be created where already existing
  fans can invite their friends to be a part of CSK.
• Promotional events “Predict the Winner/MoM/Runs Scored “ etc. could be
  created where CSK merchandise can be given out as prizes.

• Twitter verification – The twitter page needs to be officially verified to provide
  more authentication as many CSK profiles are present.
• All the news of various schemes, offers and promotional events should be on
  Twitter. The twitter reach is fastest and widest.


• Scoreboard, commentary, sports news should be brought in for all
  IPL, domestic and International markets. This could attract more clicks on the
  website.
Leveraging existing brand assets
MEDIA TIE-UPS

       • Times Of India with its increased presence in South India
         and its omnipresence across India can be a good option as
         a Media partner. (This initiative can be taken once contract
         with Hindu ends.)
       • CSK TV can be the next big thing increasing its media
         presence.
       • Along with Hello FM, its radio partner in South India, some
         other radio station like Radio Mirchi or Big FM can be
         partnered to leverage upon its popularity across India.
New Brand Assets
  FRANCHISEE
 SPONSORSHIP
                • Merchandise – Collaborate with a FMCG
                  company would not only provide a new sponsor
                  but also its distribution network could be
                  leveraged upon for merchandise distribution.

                                                        DTH TV CHANNEL

•Collaborate with DTH Service provider. A new channel
can be started on their service showing special CSK
events, practice sessions and other activities
New Brand Assets
CREDIT CARD

              • Collaborate with a bank to start special CSK flavoured
                credit cards. The card-holders would get special
                discounts on CSK merchandise, sponsor’s merchandise,
                theme cafes, match tickets, etc.
                                                            MOBILE VAN
  •Mobile vans carrying big TV can go across different
  villages promoting CSK and its extended brand
  elements. This could also be used as a promotional
  event for CSK sponsors and for CSK merchandise
  goods.
New Brand Assets

  THEME CAFE
                 • CSK theme cafes should be opened. Here the
                   business model could be structured in a manner
                   where the entire deal could be outsourced and
                   revenue could be based on a shared-manner.
                                                 HAPPY MEAL TOY

•CSK theme toys as part of McDonalds’ Happy Meal can
become a major attraction for kids. As this would be mutually
beneficial for the parties, hence the expenditure and (latent)
revenue from this could be mutually shared.
New Brand Assets
COFFEE TABLE BOOK
                    • Coffee table book featuring the journey of CSK
                      since its inception. This coffee table book would
                      also talk about its sponsors and how both of
                      them have been able to create values for each
                      other.
                                                              MOBILE APP

•CSK Mobile App should be launched which will include
all the features like
schedules, news, scoreboards, teams, commentary and
all other related activities etc.
New Brand Assets
BIKER’S GANG   • Leveraging upon the popularity of biking groups in
                 South India, a CSK biker’s gang could be created and
                 biking trips across India could be organized.
               • ‘Red Bull’, who has been sponsoring motor and
                 adventure sports events across the world can be
                 brought in as sponsors.


•CSK can support a particular cause and tie-up with      CSR ACTIVITIES
NGOs working for that particular cause.
•Moreover 1-2 % of profit from sale of CSK
merchandise can go to this cause.
New Brand Assets
EMERGING CRICKET NATIONS

           • The increased Brand Recognition of CSK can be further
             utilized to foray into emerging cricketing nations like
             Ireland, Netherland, Canada, USA, China, Maldives, etc.
           • Creating cricket promoting programs and investing in
             infrastructure and human resource in these countries
             could pay huge returns in the future.
           • The fact that ICC had decided to invest US $300 million
             for promoting cricket in new countries shows that this
             could be the beginning of a new phase for international
             cricket.

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Marketing Strategy - Chennai super Kings

  • 1. Chennai Super Kings Great Lakes Institute of Management Team Name : the3musketeers Team Members: Sushant Midha 9176610426 Tushar Arora 9176633879 Vikram Choudhary 9381766572 Vikram.01.8@gmail.com 4EB1B55CC49483.34625819 “A great brand is one that drives choice, builds loyalty and allows the brand to demand a price premium”
  • 2. Roadmap to increase CSK Brand Valuations This increased Leverage upon brand value can this be used to recognition to create further To increase new assets e.g. brand convert them into profits foraying and recognition by investing into Leverage involving fans emerging upon this in its cricket nations performance promotional to increase activities Consistent revenue performance through by Chennai ticket sales Super Kings. and sponsorships
  • 3. T • Introduce more ticket collecting centers at places with more foot- I falls like food joints (Pizza Hut) and cafes (CCD) for visitors ease. C • Schemes like special group ticket rates, a free-ticket on buying CSK K merchandise or any other sponsor merchandise can further act as a E catalyst for enhanced ticket sales. T • Tickets for the matches with a lower occupancy forecast can be sold via educational institutes at discounted prices with a value S proposition of promoting sports culture. A • Creating additional seating capacity outside the stadium and L screening the live match on projector screens. E • For ardent fans- “One ticket for full fun”-single ticket for all CSK S matches in the season F • Discount Coupons – Introduce discount coupons from all the A N possible sponsors • CSK Vs. Fans – Special contest to select ‘Fan Team’ and friendly C L match with CSK team. U • Creating a “Fan Charter”- Citing charachteristics of a CSK fan. B
  • 4. Leveraging existing brand assets L I • In order to counter fake merchandise a “Fan Oath” could be C E created, necessary for all CSK fans, encouraging them to N abandon fake CSK merchandise S I • Also fans could be motivated to contact CSK with any N G information related to CSK counterfeit goods. • Distribution network of an FMCG can be leveraged for & merchandise sale. This would also provide extra sponsorship M for CSK. E R • Sporting apparels with players’ name can be introduced to C H improve brand visibility throughout the year. A • The Brand apparels featuring players’ record can be N D introduced. Personalize T-shirts – Personalized Products I always have a feeling of close relationship which can S I increase sales. N G
  • 5. Leveraging existing brand assets C O • Social Media – make it available on social media to make it more M visible and hence attract customers. I • Fans can be encouraged to created their own version, the best of which would be published in the comic. C S • Distribution channel of our sponsor ‘Hindu’ can be used to make it widely available. WHISTLE •The product placement of various brands can be done in this video. The brand inclusion has to be minor as theme of the song cant be compromised upon. •A competition can be started on the CSK Facebook page asking people to make their own ‘Whistle Podu’ videos. This could act as a medium to reaching out to the fans. PODU
  • 6. Leveraging existing brand assets • An event like ‘Sign for CSK’ could be started to collect fan’s information. • This information can be used to provide them products & services, for consumer profiling, market research. • ‘Spread the word’ event on Facebook could be created where already existing fans can invite their friends to be a part of CSK. • Promotional events “Predict the Winner/MoM/Runs Scored “ etc. could be created where CSK merchandise can be given out as prizes. • Twitter verification – The twitter page needs to be officially verified to provide more authentication as many CSK profiles are present. • All the news of various schemes, offers and promotional events should be on Twitter. The twitter reach is fastest and widest. • Scoreboard, commentary, sports news should be brought in for all IPL, domestic and International markets. This could attract more clicks on the website.
  • 7. Leveraging existing brand assets MEDIA TIE-UPS • Times Of India with its increased presence in South India and its omnipresence across India can be a good option as a Media partner. (This initiative can be taken once contract with Hindu ends.) • CSK TV can be the next big thing increasing its media presence. • Along with Hello FM, its radio partner in South India, some other radio station like Radio Mirchi or Big FM can be partnered to leverage upon its popularity across India.
  • 8. New Brand Assets FRANCHISEE SPONSORSHIP • Merchandise – Collaborate with a FMCG company would not only provide a new sponsor but also its distribution network could be leveraged upon for merchandise distribution. DTH TV CHANNEL •Collaborate with DTH Service provider. A new channel can be started on their service showing special CSK events, practice sessions and other activities
  • 9. New Brand Assets CREDIT CARD • Collaborate with a bank to start special CSK flavoured credit cards. The card-holders would get special discounts on CSK merchandise, sponsor’s merchandise, theme cafes, match tickets, etc. MOBILE VAN •Mobile vans carrying big TV can go across different villages promoting CSK and its extended brand elements. This could also be used as a promotional event for CSK sponsors and for CSK merchandise goods.
  • 10. New Brand Assets THEME CAFE • CSK theme cafes should be opened. Here the business model could be structured in a manner where the entire deal could be outsourced and revenue could be based on a shared-manner. HAPPY MEAL TOY •CSK theme toys as part of McDonalds’ Happy Meal can become a major attraction for kids. As this would be mutually beneficial for the parties, hence the expenditure and (latent) revenue from this could be mutually shared.
  • 11. New Brand Assets COFFEE TABLE BOOK • Coffee table book featuring the journey of CSK since its inception. This coffee table book would also talk about its sponsors and how both of them have been able to create values for each other. MOBILE APP •CSK Mobile App should be launched which will include all the features like schedules, news, scoreboards, teams, commentary and all other related activities etc.
  • 12. New Brand Assets BIKER’S GANG • Leveraging upon the popularity of biking groups in South India, a CSK biker’s gang could be created and biking trips across India could be organized. • ‘Red Bull’, who has been sponsoring motor and adventure sports events across the world can be brought in as sponsors. •CSK can support a particular cause and tie-up with CSR ACTIVITIES NGOs working for that particular cause. •Moreover 1-2 % of profit from sale of CSK merchandise can go to this cause.
  • 13. New Brand Assets EMERGING CRICKET NATIONS • The increased Brand Recognition of CSK can be further utilized to foray into emerging cricketing nations like Ireland, Netherland, Canada, USA, China, Maldives, etc. • Creating cricket promoting programs and investing in infrastructure and human resource in these countries could pay huge returns in the future. • The fact that ICC had decided to invest US $300 million for promoting cricket in new countries shows that this could be the beginning of a new phase for international cricket.