Kings XI Punjab SWOT Analysis
Kings XI Punjab SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Kings XI Punjab, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
Kings XI Punjab is one of the leading brands in the sports teams and events sector. The article below lists the Kings XI Punjab SWOT, competitors and includes its target market, segmentation, positioning & USP.
In this article:
SWOT Analysis of Kings XI Punjab
For Kings XI Punjab, 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.
Kings XI Punjab Strengths
The strengths of Kings XI Punjab 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.
A list of strengths is mostly the starting point in starting SWOT analysis. Below are the Strengths in the SWOT Analysis of Kings XI Punjab :
1.Strong brand name in IPL India
2.Excellent marketing and high quality merchandising
3.Brands like Emirates, Coca Cola, Reebok are associated with the team
Kings XI Punjab Weaknesses
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 Kings XI Punjab SWOT Analysis:
1. Inconsistent performances despite having good players
2.Issues between players and management have been controversial
3.Lack of domestic players has lead to weaker fan following
4.Controversies like racial discrimination and problem with Police
Kings XI Punjab Opportunities
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 Kings XI Punjab SWOT Analysis:
1.Utilise and tap more domestic players and rope in good international players
2.More branding and marketing would help people associate with the team and the brand
Kings XI Punjab Threats
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 Kings XI Punjab are as mentioned:
1.Player and management controversies
2.Threat from other competitor teams
3.Lack of interest in people with excessive cricket and with ageing superstars
Hence this concludes the Kings XI Punjab SWOT analysis.
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About Kings XI Punjab
| Kings XI Punjab Overview | |
|---|---|
| Parent Company |
Owners- Preity Zinta, Ness Wadia, Karan Paul, Mohit Burman |
| Category |
Cricket- Indian Premier League IPL |
| Sector | |
| Tagline/ Slogan |
Born to win; Dhoom Punjabi |
| USP |
A vibrant team which players like the Lions of Punjab |
| Kings XI Punjab STP | |
| Segmentation |
Billions of people across the world who love to play or watch cricket |
| Target Market |
Men in the age group 15 and above globally |
| Positioning |
Team with an aggressive mind set to be brave winners |
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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