group 2- lalit modi

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  • 8/9/2019 Group 2- Lalit Modi

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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