Bangladesh Premier League SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Bangladesh Premier League, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Bangladesh Premier League to benchmark its business & performance as compared to the competitors, and make strategic improvements. Bangladesh Premier League is one of the leading brands in the sports teams and events sector.
The article below lists the Bangladesh Premier League SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Bangladesh Premier League SWOT Analysis:
In this article:
For Bangladesh Premier League, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
The strengths of Bangladesh Premier League looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Bangladesh Premier League :
1. Cricket being followed like a religion in Bangladesh
2. Presence of global T20 superstars like makes it a competitive league
3. Extremely competitive league
4. Involvement of global superstars also helping in the development of local talent, which augurs well for the league in the long run
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Bangladesh Premier League SWOT Analysis:
1.Not having a global reach like the IPL
2.Marketing and branding of the league could have been a lot better
3.Not having a clear window in the FTP will result in international stars not being able to participate due to other commitments
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Bangladesh Premier League SWOT Analysis:
1.Attracting more international superstars in the future will give the league a global fan base
2.Try and negotiate with the other boards and get a representation in the Champions League T20
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Bangladesh Premier League are as mentioned:
1.Threats from similar leagues that are present all over the world, which may result in an overdose of T20 cricket
2.Rising popularity of other sports like football in Bangladesh
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Bangladesh Premier League:
1.IPL
2.Big Bash League
3.Sri Lankan Premier League
Hence this concludes the Bangladesh Premier League SWOT analysis.
Continue reading more about the brand/company.
Bangladesh Premier League Overview | |
---|---|
Parent Company |
Bangladesh Cricket Board(BCB) |
Category |
Professional T20 cricket league |
Sector | |
Tagline/ Slogan |
- |
USP |
A highly competitive T20 league with massive local fan following |
Bangladesh Premier League STP | |
Segmentation |
All cricket fans (especially in Asia) |
Target Market |
Male in the age group 10-60 |
Positioning |
An exciting T20 league with a combination of local players and global superstars |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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