Posted in Sports Teams and Events, Total Reads: 2835
SWOT Analysis of Chicago Bulls with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
Sports and Entertainment
One of the most successful teams in NBA based in Chicago
All basketball fans
Male in the age group 10-60
Successful NBA franchise with a huge fan base
1. One of the most successful NBA team with many titles 2. Basketball legend Michael Jordan played for them at the peak of his career, which made the team a household name across the world 3. Loyal fan base in USA 4. Good merchandising and marketing makes them one of the most valuable NBA teams
5. Strong brand name and a stable financial performance
1.Does not have a huge global fan base, with most of its fans being from USA 2.Have not won any title after Michael Jordan left the club
1.Develop new talent and retain them, so that they are able to reach the highs of the 90s once again 2.Open new academies in Asia to attract new fans and develop a brand equity
1.Threat of top players leaving the club 2.Threat of losing its fans because of the inability to win the NBA title in the last 15 years
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