Chicago Bulls SWOT Analysis, Competitors & USP

Posted in Sports Teams and Events, Total Reads: 3938
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SWOT Analysis of Chicago Bulls with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis

Chicago Bulls

Parent Company

Owner-Jerry Reinsdorf

Category

NBA franchise

Sector

Sports Teams and Events

Tagline/ Slogan

-

USP

One of the most successful teams in NBA based in Chicago

Chicago Bulls STP

Segment

All basketball fans

Target Group

Male in the age group 10-60

Positioning

Successful NBA franchise with a huge fan base

Chicago Bulls SWOT Analysis

Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Chicago Bulls :

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

Weaknesses

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

Opportunities

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

Threats

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

Chicago Bulls Competition

Competitors

Below are the 3 main Chicago Bulls competitors :

1.Detroit Pistons
2.New York Knicks
3.Miami Heat


The brandguide table above concludes the Chicago Bulls SWOT analysis along with its marketing and brand parameters. Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry.

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