group 2- lalit modi
TRANSCRIPT
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bout ModiBorn November 29, 1963, Delhi, India
Is an Indian cricket administrator and a businessman
Vice President of BCCI since 2005
Vice President of Punjab Cricket Association
Chairman and Commissioner of Indian Premier League
Chairman of Champions League T20
President & Managing Director of the Multi Billion dollar Conglomerate
Modi Enterprises and Executive Director of Godfrey Philips India
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Revenues generated for BCCITeam Sponsorship Deal for Team India with Sahara group for 4 years - 103
million dollars (415 Crores) on 20.12.05
Team Apparel Sponsor Deal for Team India with Nike for 4 year - 53 million
dollars (215 Crores) on 24.12.05
Media Rights Deal with Nimbus for 4 years- 612 million dollars on 18.2.06
Media Rights for overseas matches with Zee for 4 years - 219 million dollars 0n
7.4.06
BCCI Sponsorship Deal with WSG - 46 million dollars (173 Crores) on 27.8.07
IPL Media Rights Deal with Sony - 1.26 Billion Dollars 0n 15.1.08
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IPL - Concept
Launched by BCCI on the line of Footballs English Premier
League and National Basketball League (NBA) of the US.
Professional Twenty20 cricket league created and promoted by
BCCI and backed by ICC.
8 teams, 44 days, and 59 matches.
Double round-robin and knockout.
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Revenues generated from IPL
IPL Teams Sale with various parties -723.6 million Dollars on 25.01.08
Web Media Rights to Live current Media - 50 million dollars on 18.4.08
IPL Title sponsorship and Ground sponsors - 220 million dollars - mar-apr
2008
Renegotiated with Sony WSG the IPL Media rights from 1.26 Billion
Dollars to over 2.3 Billion Dollars on 25.3.2009
IPL Theatrical Rights Deal with UFO and ESD for over 300 Crore Rupeeson 12th November 2009
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IPL Marketing Wizardry
Integrating Cricket with Bollywood
Franchisee Model
Gate Revenue
Match Day Concession & Match Day Promotion
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Marketing Wizardry- cont..
20-20 cricket model, A version that promised to compete with the 90-
minute joy of the worlds biggest viewed game of them all, Soccer.
Team Brand loyalty rather than just plain old National brand and state
brand loyalty
Franchisee Merchandising, every T-shirt and every wrist band is an
opportunity that packs money.
Strategic break- created an advertising slot of 7.5 mins after 10 over of
an Innings.
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Tackling Competition
Solid backing of BCCI and ICC with almost 10 huge stakeholderswhereas ICL has a single promoter Essel Group.
IPL is playing a safe game while ICL wants to create a new league oftalent from upcoming aspirants.
IPL seems to be attractive business model involving high level riskwhile in ICL level of risk is comparatively lower.
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wards & Achievements
The Business Standard Award - 2008.
Brand Builder of the Year 2008 by Asia Brand Conference.
The Consumer Award for Transforming Cricket in India 2008 by
CNBC Awaaz
The Most Innovative Business Leader in India 2008 by NDTV Profit
Frost & Sullivan Growth Excellence Awards For Excellence in
Innovation - 2008
On Jan 22, 2009 he was awarded "CNBC Business Leader" award.
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Modi The BusinessmanPresident & Managing Director of the Multi Billion dollar
Conglomerate Modi Enterprises
Godfrey Philips
Modicare
Indofil
Fashion TV - India
ITSPL
Modi Apollo International Institute
Modi Healthcare Placement India Pvt. Ltd
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Why we chose Mr. Lalit Modi ?
Introduced the most sought after Business Model of the decade
IPL.
Gained international recognition in a very short time span.
Transformed BCCI into a global powerhouse.
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Thank You !By Group 2 - PGDM 18 A
Antony Jose Kokkad
Anila K Thomas
Aswathy R
Aby George
Aparna Harikrishnan
Sajju Krishnan
Sreejith A
Shino Ann VargheseYashwanth
Ragesh V G