02-13-2009, 12:02 PM #341
Companies and brands from those countries I mention above will be more world class than today too... If we cannot get the involvement of Wilson, Spalding, Dunlop, Nike, Adidas etc. today, fine! Getting Li Ning, Victor, Apacs involved today is already a better move than doing nothing to even out the strength badminton brands.
Business history have shown again and again, consumers benefit most when their options are served by several strong brands competing in an oligopolistic situation. Example: sport shoes consumers have a good time being offered cool TV ads, cool overall marketing campaigns [oftentimes using sports stars], and cool products... by Nike, Adidas, Reebok, etc.
Imagine the badminton equipment brands doing the same thing as those guys but for outcool-ing the other in badminton equipment... That would be THE cool situation that will improve the popularity of badminton!
02-13-2009, 12:11 PM #342
Show me the market and I will show you the brands and the sponsors for they will come like flies.
Re Olympics sponsors see one www.msnbc.msn.com/id/26107649/
02-13-2009, 12:15 PM #343
If anyone thinks Rule 51 is just a rule and that it can be bent or flouted, think again
Before the Games begins, the IOC arranges for squads to go around and mask every visible logo at not just the competition venues but also at every other official venue (including the residential quarters, the media centre, the technical zones and the administrative areas).
You'd be surprised to know that they mask every brand name or logo that hasn't paid for the right to be seen there. As a result, you see logos and names masked on anything and everything from elevators, washroom taps and liquid soap dispensers to switches, fire-extinguishers and urinals!
Even the media isn't spared - no branded T-shirts, no branded caps, etc - any visible logos on the cameras and even on the production crews' IFB/PL headsets are masked before use.
The extent of their zealousness is best illustrated by this clause:
"No Authorized Identification may appear on or near the neck or the collar, on the body (e.g. tattoo) of any person participating in the Games or on any of the following Items: contact lenses, earplugs, mouth guards, noseclips, water bottles, umbrellas."
Tattoos, contact lenses, earplugs...
02-13-2009, 12:17 PM #344
02-13-2009, 12:18 PM #345
Yes, i thought of the same thing (the last paragraph), but how come it wasn't made clear until now??..hmm..
Btw, still waiting for taneepak to explain his point of discussion and the view opposite of his. Krisna already put forth his point of discussion and what he thought is the opposite of his...Or are they just pure ramblings??..
Last edited by ctjcad; 02-13-2009 at 12:21 PM.
02-13-2009, 12:23 PM #346
Here's an opinion on marketing badminton from Prakash Padukone.
Indore, Feb 11 (PTI)
Badminton officials in the country can learn a thing or two about marketing from the BCCI (Board for Control of Cricket in India), said the legendary Prakash Padukone as he lauded the cricket body for the way it has promoted the game in the country.
"I have always been a fan of the BCCI and the manner in which it markets cricket surely deserves to be praised," Padukone told reporters here today.
The badminton authorities in the country should not shy awqay from having an IPL-style (Indian Premier League) tournament that is being conducted by the BCCI, he said.
The former All-England champion said the badminton world should learn from the BCCI on how to improve the game.
In other words, it's the BWF (and not the sponsors) that should take the lead in this regard
02-13-2009, 12:25 PM #347
02-13-2009, 12:26 PM #348
02-13-2009, 12:28 PM #349
02-13-2009, 12:32 PM #350
"Only the names, slogans, logos, and advertisements of these 12 sponsors were allowed."
Btw, cooler, could you attempt to explain, briefly, Mr. T's point of discussion here and the views opposite of his?..
Last edited by ctjcad; 02-13-2009 at 12:35 PM.
02-13-2009, 12:33 PM #351
Here's something for you to chew on:
The remaining 8% goes to the IOC's administrative expenses.
Just 8 percent?
That's USD 400 million!
Ahem, I'd sure like a job with the IOC
02-13-2009, 12:34 PM #352
02-13-2009, 12:43 PM #353
..from the member who's made all the posts, opposite those of Krisna's??....Are they just ramblings??..ayeyaiyai...
02-13-2009, 12:45 PM #354
Queation is what is a worthwhile market? better yet what do u mean by 'marrket'? Since badminton is believed to be 2nd most participated sport in the world and yet badminton is not a mainstream sport? Yonex had the badminton market cornered for decades and only just recently LN,victor are muscling in and likely gonna take badminton to the next level in popularity. Doesn't this say LN, yonex, victor were/are the market makers?
02-13-2009, 12:50 PM #355
The concept of the 'market-driven' strategies have largely been left to the history books. The basic tenets of that kind of conceptual thinking have many inherent flaws. I can give one whole lecture about the difference... and why people now are practicing market driving strategies. But BC forum is not the place for that. Please go to your nearest top notch business school and have a discussion with their top Management, Marketing, Business gurus...
If you do not believe in the academic aspects of it, then I suggest talking to people in successful companies like Nestle, Procter & Gamble, etc. I don't suggest you talk to natural resource people like coal and oil companies people or finance people... many of them [though not all] have limited or narrow minded knowledge on how market-making really work in this world. Even though they can be good operational people and competent finance executives, many are terrible marketers.
02-14-2009, 04:20 AM #356
Krisna, I did have a marketing background being a marketing director before becoming a CEO. In my tenure in marketing I wouldn't say I made any new markets but I came close with new applications, i.e replacing traditional natural resin in batik printing with petroleum resin, using epoxy resins to mend airport runways which at that time was unheard of, and making a solvent chemical from a much cheaper petroleum stream that was unheard of at that time. Thinking hard about it, I did make a new market and in quite substantial volumes too, but it is something I am not proud of in retrospect because of its huge carbon footprint. Back then carbon emission was not such a dirty word.
02-14-2009, 04:35 AM #357
To go back in time, badminton was even very popular in SE Asia in the 1950s. There was no Yonex. Racquet and shuttlecocks were made by Slazengers, Dunlop, Silver Grey, Blue Bird and RSL. Sponsors did not really exist, players paid their own expenses to compete in the AE.
Today the game has extended to China and Korea, both relatively newcomers. Now more Asians play the game. The Asian market has grown larger, and with its increasing size comes the new guards in the name of Yonex and others. The larger the playing badminton population the more sponsors come on the scene and the more they have to be competitive.
This is classic "show me the maket and I will show you the sponsors".
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