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How IPL Teams Make Money | IPL Business Model | JarXchange Ep #20

JarXchange 1,510 10 months ago
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Ever been curious about the IPL's business model? Step onto the field of sports business with Paroksh Chawla, CEO of ITW Catalyst, a powerhouse in sports marketing and consultancy. In this episode, we delve deep into the intricate workings of the Indian Premier League (IPL), uncovering its business model and global standing. In the world of branding, IPL is a goldmine for companies looking to connect with a diverse audience. Amidst the glitz and glamour, do IPL teams emerge as profitable ventures? Paroksh sheds light on the financial landscape of IPL teams, offering valuable insights into their sustainability and revenue streams. As we dissect the IPL calendar, we find that it's more than just a sporting event; it's a cultural phenomenon akin to Diwali in the first half of the year! The IPL isn't just about seasoned players; it's also a platform for budding talent. Discover how the league nurtures young cricketers and shapes the future of Indian cricket, sparking discussions on the role of youngsters in the upcoming T20 world cup! Join us for a riveting conversation that uncovers the business behind the spectacle of IPL, leaving no boundary unexplored. 0:00 - Introduction 0:41 - Whats does ITW Catalyst do 1:29 - Fan parks in India 3:43 - IPL business model breakdown 8:26 - Is there too much Cricket? 10:00 - Are IPL Franchises profitable? 15:45 - Youngsters dominating IPL 18:45 - Why CSK, RCB and MI are followed teams 22:30 - Thoughts on R Ashwin Quote 25:37 - The Success of WPL 32:00 - Best Brand Campaigns 42:40 - Complete Revenue stream of IPL 46:20 - How to get IPL tickets? 49:39 - Life in sports management 55:05 - India v/s Pakistan Rivalry 59:00 - Sports tourism 🔔 Subscribe to our channel for more insightful conversations with industry leaders! 👍 Like this podcast if you enjoyed the conversation! 🗣️ Comment below with your thoughts and questions! Follow us on: Facebook: https://www.facebook.com/MyJarHQ/ Twitter: https://twitter.com/JarAppHQ Instagram: https://www.instagram.com/jar.xchange/ LinkedIn: https://in.linkedin.com/company/jarapp Download Jar App📱 https://jar.onelink.me/6H9Q/YTDesc To know more about Jar, Visit: https://www.myjar.app/ Recommended watch: 👉 Niranjan Mukundan’s Inspirational Story 🇮🇳: https://youtu.be/Orr-c4FMrzo 👉 The Man Who Detects Fraud Loan Apps | Understanding Loan App Scams : https://youtu.be/3gdwZovS0c8 👉Nuvedo Founder Talks About Shark Tank India & Mushroom Magic 🍄: https://youtu.be/uS4OCE3IZYg 👉Parikrama Interview - The Most Hardworking Rock Band in the World : https://youtu.be/COgBdqma6ag 👉 Munz TDT of The Down Troddence Talks About Their New Album :https://youtu.be/FytnBe9aBOQ #ipl2024 #cricketlover #cricketindia #podcasts #jarxchange #jarapp

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