IPL: A Black Swan Event

Just a thought……Does IPL come under the umbrella of Black Swan Events? or Is it a scripted tournament, if yes than I must say it is better than even most of our Bollywood movies (to avoid any controversies I will not be talking about the latter here). Well according to me it is a Black Swan event the reason being:

IPL 1 Rajasthan Royals won the trophy. (At no point in time one could have said that they will emerge as winner)

Then in IPL 2 last year’s toppers came down and last year’s bottom two teams were put in the final.

The sudden shift of IPL from India to SA in season 2 (but everything was managed in such a way that it felt like they knew it was going to happen…U cannot make an event of such a big scale happen in about a few weeks time).

In IPL 3 when everything was going in favour of IPL, it was struck by a controversy (I think we all are well aware about it THE LALIT MODI CASE). Now the question in front of us is that, will IPL still enjoy the massive support it had managed to get in past 2 years?

And last but not the least: Will Lalit Modi regain his lost position? We here at Brandistics support Mr. Lalit Modi and hope to see him back in action. Because according to us: If IPL is ‘Manoranjan ka baap’ then Mr Modi is ‘IPL ka baap’. Well whatever the result may be we think it will again be a random one, which will come as a blow to us.

We have already seen in our previous posts that IPL stands way ahead among all the other sporting events. Now let us see how this greatness of IPL has lead to growth of various things with respect to India. They are:

Emergence of Brand India (As it is promoting itself as a game played by the Indian mass. Ad campaigns like Saare Jahan se Achcha are helping it to achieve the milestone)

Emergence of a business within cricket, thus making it a very lucrative option for Indian business houses who are ready to invest in sports.

At the game level, it has provided the young talented players of India, a stage to showcase their talent (I think this is the main reason why most of us are seeing cricket as a career).

It has promoted cricket as a commodity rather than a brand. This has brought down the emotional attachment of people with the game as a whole, but it is exploiting there emotion by targeting different states/parts of India by forming different teams representing different parts of India.

It has lead to the emergence of cricket as a competitor to football and basketball.

With this we will end this post. Stay tuned.....

Lalit Modi - Man behind the Brand IPL

Well everyone remembers the climax scene of the movie GURU ,where the witty businessman gets away with all charges just by the dialogues and the thought that whatever this man is doing is for the betterment of the country as a whole. But, this is no real life. Not in the case of, Mr. Lalit Modi the man who idealized the brand IPL and has worked diligently for 5 years now to make it to the list of most innovative global brands.

Lalit Modi, a great visionary who rose from the backdrop of his bad college days, to be a part of around 5 businesses that also include the mega-brand IPL has been asked to clear his image of all charges in the governing council meeting of the BCCI. This is what politics does to some bright careers in business. Personally, (being a bit positive and with all respect that I have for the brilliant mind in Lalit Modi) I think that though the man is minting money, so are the other business houses in India - now majorly because he went against the government to hold IPL out of India the last season in South Africa, does not allow everyone to fire all guns at him. He surely is involved in the charges raised on him, but I would list some brilliance of the man that cannot be overshadowed by the criticism he receives.

• The vision to take IPL global through international partnerships with Google-Youtube.
• His strategy to keep the IPL alive even after the season by organizing international off season matches to keep the audience engaged and boost the brand recall of IPL.
• The inspiration that he imbibed in every youngster in India who dreams to be the next generation Sachin Tendulkar,Kapil Dev or a Saurav Ganguly. He provided the platform for players like Asnodkar, R. Khan who could not even dream of earning such huge sums from their cricketing abilities. IPL inspired them to believe in themselves and put in their hard work so that they get the chance to play for their nation and this dream has been realized by players like Manpreet Gony, Murali Vijay, Ravinder Jadeja who have got their bright chances.
• Lalit Modi provided us the ultimate product mix of Cricket + Bollywood which has no other match in terms of entertainment value delivered.
• And, ultimately to take on the other commercial sport events of the west like the American Baseball , the English Premier League or may be other soccer leagues in the Europe. As, the growth rate of IPL in the sports industry clearly poses a major threat to these leagues in the coming future. So, he is making India shine on the world map as ultimately it is the INDIAN premier league and an INDIAN running it successfully for the last year( which has now been acknowledged by all management thinkers worldwide).

Yes, the ethics are necessary in the business you do - but such an attitude by the government raises questions on the sustainability of such brilliant innovations. The kind of environment that has now been created by the government with their "media partners" surely leads to degradation of the brand and the vision of the man seems to be all dark.

To end up probably my last post of this IPL season, I would quote Sachin on his 37th birthday. Probably, the only hope who will save this commercialization of cricket through hi true cricketing skills.
Sachin in a recent interview said -

"At the end of the day the competitiveness on the field is what the audience want to see, what happens off the field doesn't effect the cricket on the field and Indian cricket is strong enough to cross all these hurdles".

It is also true that no such controversies can ever stop an IPL fan to watch the master or any of their favorite player play on the field.

3 M’s of IPL

If you want to rate a brand, you do it on the basis of the value it fetches. What do you think is the brand value of IPL.... No idea... So let me put this like this... The recent bidding values for the new teams (Pune and Kochi) touched $700 million mark, which was almost at par with the one whole Manchester Untied team. Apart from it, IPL also enjoys a TV rating which constantly extends 4. No doubt IPL has arrived, and it is posing a threat on NBA and NFL.

According to us, the main reason for the success of IPL is the 3 M’s which it follows. A detailed description about them is given below:

Match Format:

IPL offers its audience a short and enjoying 20 over format cricket popularly known as T20. This formula of Modi, of coupling cricket with drama, emotion and above all bollywood (and other celebrities) has made it more of a family affair thus taking away the TRP’s of the family Saas/Bahu serials. The fact that this format fits into the Indian style of living also helps it to gain the viewership.

Money:

The Auctioning of players, the selling of Team ownerships, selling of tickets, Sponsorships price, broadcasting rights everything involves money. And why not IPL is here to make money. This factor has also contributed in adding a huge amount of fan following to it. (I recently got a goodie bag from KKR, just because I clicked on some of their adds and answered some stupid questions... Ppl or rather sponsors are throwing out money in IPL, so someone has to be there to catch it). This act of giving gifts to the audiences is really helping it grow exponentially (and specially in a country like India where people are crazy about the gifts).

Marketing: IPL is using every kind of marketing strategy from traditional medium to latest social media tactics. You name it and they have it. So let’s try to list some of them:

(Note: we are specifically dealing with the latest marketing activities adopted by them)

The collaboration with Youtube to stream the videos

Coming out with an official ipl website

Wikipedia telling the people about IPL

 

IPL coming out with face book fan page for its viewers.


IPL YouTube Social Media Promotion Banner Ads

IPL Cricket Fan Club Website and blogs like All Padded Up

Orkut has come out with a doodle for IPL

All the above mentioned promotional schemes followed by IPL are online in nature. We covered this here so as to lay a backgound for Viral Marketing postwhich will be soon following this post. So stay tuned.

Brand Deccan Chargers - Positioning

The last time we talked about Positioning of a brand, it was for the KKR brand. It was the team that had won the wooden spoon in IPL 2009 tournament and still continues to be a big brand. But this line of thought brought us to another big brand, that of DC or Deccan Chargers who have the dubious distinction of paving the way for KKR by winning the wooden spoon in IPL 2008.

But the way they position themselves is a lot different.

They do not have a glamorous owner and they are not associated with a glamorous brand ambassador. Not surprisingly, their brand valuation has been lower than most other teams.

In the first IPL, DC were the star studded, being positioned as such, considering it made the costly purchase in Andrew Symonds and boasted of the presence of hard hitters in Gibbs, Afridi and Gilchrist apart from Symonds. In the initial years, the brand was more focussed on individual players and not the team.

Deccan Chargers' latest ads, on the other hand, be it McDowells or Idea, show it as a team of friends who play together and win together. In the parlance of brand positioning, it tells us the following three things:

• Deccan Chargers win in IPL 2009 did not do much for its individual players, but created a distinct team identity.
• There is no single player in the team that can position the team brand on its own.
• It is the only brand which has got foreign players which act as better brand ambassadors than their Indian counterparts. However, these foreign players can never carry an ad alone in the Indian waters.

We believe that Deccan Chargers have a lot of work to do with regards to their brand, and not just on the field. May be, the next time we sit down to evaluate them, they will have worked harder as a team and make a turnaround like they did from IPL 2008 to IPL 2009.

Deccan Chargers - The Brand for The Week

We started with the brand leader in IPL- Kolkata Knight Riders (KKR) and now we discuss the brands relatively lower in the valuation table

The Deccan Chargers (Hyderabad Team)

The DC was regarded the best team on paper after the first auctions, attracting a lot more followers with a legendary lot of international hitters - Adam Gilchrist, Shahid Afridi, Herschelle Gibbs, Andrew Symonds, and others. But, gave a lackluster performance in the first season, which failed not only the cricket strategies but also the branding strategies.

The team Deccan Chargers, in the first season was placed as a performance oriented team with the best team players that were the major brand equity of the team. A blistering hitting by these top of the league hitters was what got people excited about the brand. At the same time the owners Deccan Chronicle Holdings Ltd are not a well known brand by themselves.This all failed and thus called for a major marketing step up by the brand. The facts say that :-

Owners:	Deccan Chronicle Holdings Ltd.
Franchisee Fee:	US $107.01 mn
Sponsorships and Brand Associations	Idea,Puma,Odyssey,Kingfisher,McDowell's,Pepsi,92.7 FM
Income in Sponsorships (2008 and 2009)	Rs. 70 crore.
Income in Central Pool	Rs. 111.5 crore
Eyeball Factor	The foreign hitters - Gilly,Symonds,Gibbs,Afridi
Team Logo

Source : livemint.com

Now, in the last 2 seasons still the brand has concentrated more on performance, with no major steps in adding to their brand value. There have been no glamour, no controversies and not much of marketing tools applied by the owners - probably the team's performance spoke for it in the last season by winning the IPL and in IPL-3 they rocketed to semis with consecutive wins.So, wonder what the Deccan Chargers' vision to earn profits because its just not cricket, afterall its sports marketing and we at brandistics tell you this week ,how the Deccan Chargers have still developed as a brand.

Positioning IPL

Ok..... let me start this post with a question....What is the first thing which comes to your mind when an advertisement says: “We’re number two; we try harder”? Yes we think of only one company that is AVIS. This advertising campaign made us forget all about the number 1 company in that field that is Hertz, and all our focus shifted to Avis which positioned itself as a number 2 and promised to work harder so as to satisfy us.

Positioning has now become a process by which marketers try to create a distinct image in the minds of the prospect for its product, brand or organization. We will not be wrong if we say that Positioning is a game which companies play in the today’s me-too market place. Before the launch of IPL the only thing which would have been in the mind of Mr. Modi would have been that how to position this event in the mind of people of India.

So in 2008 Max came up with a wonderful concept in the form of an advertisement which placed IPL as “Manoranjan Ka Baap”. The idea here was to show that the IPL was better than anything and everything which was in existence at that time. It was a pure source of entertainment for the audience and had everything in it drama, action, emotion etc. All in all it was like a 3 hr blockbuster movie which could get audience bounded to their seats.
So looking at the facts mentioned above I would like to give this advertisement a mighty 8 out of 10. Because it left no stones unturned to seek the attention of the audiences and made the event a true hit.

Then in 2009 Max came up with a 60 second commercial which was a series of shots which showed different people from all over the country doing the same thing at the same time. In the first shot we saw, many people are sitting in a park, reading the newspaper and turning the pages of it at the same time. In the second shot cooks in a restaurant twirl rotis in the air at the same time. In the third shot, a class room is full of kids and all ask for permission to go to the washroom at the same time. Then we see people at Mumbai’s VT station are hailing a taxi at the same time. Then a final voice is heard which says – ‘Ek desh ek junoon, DLF IPL sirf MAX par’. This advertisement was a true classic because this created a binding between the people of India and IPL, which was being projected as an Indian entertainment event (the significance of this advertisement also increases because this was the year when the venue of IPL was shifted to SA due to security concerns, so coming up with such a concept of promoting an event as a nations event was wonderful).
I would like to give this advertisement 9 out of 10 because this was successful in holding the Indian audience’s attention even though the event was shifted to South Africa in a limited span of time. And hadn’t this commercial been successful the whole existence of IPL could have been under a major threat because of a simple fact no audience means no sponsors.

Then finally we come to this year’s IPL which is again back with an interesting commercial which says – “Saare Jahan Se Achcha Hindustan Humara” which shows captains of different teams standing in a stadium.
This ad campaign acted as a medium to get IPL back to India and position it in the mind of Indian audience as an event which is truly Indian in nature. The background music of the ad further exploited the patriotism of Indian population. So I would like to give this ad campaign a 8 out of 10 because of the wonderful concept of clubbing an ad with the nations tune of “Sare Jahan Se Achcha”.

With this we end this post of how did IPL positioned itself amongst the Indian mass. Stay tuned....

Innovative IPL

Any guesses as to what is the biggest mantra for this mind-boggling success of IPL is..... Well according to us it is....”Jo Dikhta Hai Wo Bikta Hai “. It is well said that “Nothing succeeds like SUCCESS!” No matter where (we are talking about the change of venues from India to SA), no matter rain or shine (difficulties faced in SA) the IPL has been a tournament to watch. The major factor contributing in the success of this tournament is that it has been successful in exploiting the EMOTIONS of us the INDIANS (For whom Sachin is no less than a GOD and cricket is a religion).

Strategy, Marketing, Advertising..... You name it and IPL has it for you! With this post we will be analysing the strategy being followed by IPL so as to promote the entities related to it and the event itself.

When it comes to strategies, a company can follow one of the two ways:

Ø To do something innovative which gives them the first movers advantage (Such companies are visionary in nature and comes up with the things which are totally new to the world, we will not be wrong if we call such companies to be CRAZY)

Ø To blindly follow a strategy which is already tried and tested but others present in the industry. (Companies following such strategies are traditional in nature and are adamant to any kind of change)

IPL according to us is following an innovative strategy wherein the different entities involved in it (broadcasters, team franchises etc) are very cleverly selling off their rights and other publicity instruments to the sponsors so as to get a greater return on their investment (and why not you get such an opportunity once in a blue moon). Our previous article Related Rights of Broadcasters – IPL threw some light on how the broadcasters are selling of their rights to gain maximum profits. Teams like Kolkatta Knight Riders are becoming the first choice of the sponsors because endorsing such a team provides them with two of the biggest celebrities of India: The Dada of Bengal and The undisputed King of the Bollywood at the price of one brand in the form of Knight Riders.

In order to understand the attractiveness of IPL from the sponsor’s point of view or rather the people who are pumping in money in it let us do a SWOT analysis of IPL.

To end with we can say that IPL and innovation are going hand in hand at present. New and new strategies are being employed by the different entities involved in it so as to get more and more return on their investment.

Related Rights of Broadcasters - IPL

Since the time IPL has started everyone is benefitting from it. The team franchises, team squad, team members, boards governing the event, franchise owners, broadcasters etc. This post will be more inclined towards the profits which are being made by the broadcasters and the related rights which they posses on the broadcasting of an event (which in our case is IPL). Coming as a surprise to many of us IPL became the first sporting event to be broadcasted by the popular video sharing website Youtube. As per the UK-based brand consultancy, Brand Finance Indian Premier League’s brand value is estimated to be around $4.13 billion (which comes out to be Rs. 18,000 crore) in 2010. If we rate IPL on the basis of team salaries then it takes away the second slot, next only to NBA league.

Now let us have a look at this Mecca of Marketers from the broadcaster’s point of view. The rights of the broadcaster are very important in relation to the sports program. These rights provide them with the exclusive license to broadcast the sporting event of which the rights have been assigned to them, thus making the overall offer of providing a large sum of money in advance to get the related rights of the event look attractive and lucrative.

For IPL the global broadcasting rights were given to a consortium of India’s Sony Entertainment Television network and Singapore based World Sport Group. The duration of this deal was 10 years and its cost was $1.026 billion. Later due to a dispute between the Sony/WSG and IPL the price of the deal was raised almost by two times to Rs 8,200 crore for duration of 9 years. But this was not the end of the road for Sony/WSG, they further resold their broadcasting rights to other companies thus getting in some margins for themselves. They kept broadcasting rights of India with them (because of the reason well known to all). Below is the summary of broadcasting rights around the world.

WINNING BIDDER	REGIONAL BROADCAST RIGHTS
Sony/World Sport Group	India
ONE HD	Australia
Spy Network Television	New Zealand
GEO Super	Pakistan
SportsMax	Caribbean
ITV	UK
Astro	Malaysia
PCCW	Hong Kong
Star Hub	Singapore

IPL as a tournament has been very creative in giving its broadcasting rights. In no time companies will be coming up with the new concepts of 5 minute delayed rights, 10 minute delayed rights etc. Already such an instance has happened in UK. Where ITV holds the right of broadcasting both on TV and on the internet and Youtube also is broadcastin but with a 5 minute delay.

So our recommendations to all the marketers will be that they must staytuned to this mega event of IPL as it introduces new concepts of promoting as event as a brand.

Brand Kolkata Knight Riders - Sponsorships

What is it about Kolkata Knight Riders, that despite the fact that the team has performed poorly in both the seasons, it has been able to garner sponsors, and a lot of them at that, at will?

What I mean here is that any corporate player (and these sponsors, all of them, are just corporate players at the end of the day) would wish to get associated with a brand that is a winner in its field. It is a basic rule which we call the "Implication by Association Rule (IBA)". This attitude of the corporate to get attached to a winning team is to send out a message to its audience that the corporate is a winning outfit as well.

But KKR has not been that, at least not in the past. So, what is it that gets corporate players, all market leaders in their own way, to sponsor a team that is not a leader in its field?

The answer lies in the table of this post. You remember the table of facts, don't you?!

Couldn't find it? Well, let me spell it for you then.

The answer is the first eyeball factor, given in the table. The answer is Shah Rukh Khan. No, IBA does not fail in the case of KKR, either. However, in the case of KKR, IBA is not signified by the association with the team, but with the owner of the team, who is a leader in his field of entertainment.

You don't agree with us? Figure this:

Nokia, Belmonte, Tag Heuer were associated with Shah Rukh Khan before KKR existed. Star Plus had an association with SRK from the KBC 3 times. Reebok got product placed in My Name is Khan (MNIK), a Hindi film released by Fox worldwide, as it got associated with SRK. Sprite, XXX and Lux Hosiery feature SRK in its advertisements and simply because they are associated with KKR. SRK needs to make an appearance on the advertisements to promote his own investment in the team of KKR. 

Yes, the team has got a load of sponsors. But aren't these players really getting associated with Shah Rukh Khan and that is about it?! You tell us.

Ankit Chabbra talks about Positioning of KKR brand in another post. Find out how KKR have positioned themselves.

Brand Kolkata Knight Riders - Positioning

Well, the team of the week requires an extension to another week folks !! .. just couldn't post the last week a hectic one for both of us.

So, it is KKR (Kolkata Knight Riders) an excellent brand nurtured by high face values of ShahRukh Khan ,Juhi Chawla and bollywood star power. Plus, the cricket crazy( or say "DADA" crazy) Kolkata crowd,one of the best cricketing grounds in India - The Eden Gardens and yes a successful brand positioning.

Brand Positioning, is what I would emphasize in this post.

• The team KKR is positioned to be the "People's Army" - an army of soldiers with their king as the "Badshah of Bollywood" and their commander as the "dada of Kolkata"
• The Armour designed jersey of the team further positions it right as an army.
• The battleground of EDEN GARDENS.

This is exactly how the company want to position the brand, but it is important to know how to position it the way you want; so let's put up some efforts of SRK through these 3 IPL seasons

It all started with the 'Dubbing the Knight' ceremony ( an ancient ritual in which the knighthood was presented to a soldier by gifting him a sword) when all the players of the KKR team were presented the gold plated Knight helmets as was done in ancient days by the kings to their knights.

Next, the team song "kerbo,lodbo,jeetbo re" , the video and the lyrics both inspiring the army to victory !!

Finally, the arena of battle - EDEN GARDENS ,a well decorated ground with iron grills at the boundary as it used to be in the ancient arena.Then, the king inviting his friends and foes to view the battle - his bollywood star power.
All have positioned it right as the people's army - the bengali army - KOLKATA KNIGHT RIDERS.

Kolkata Knight Riders - The Brand for The Week

For those who are reading Brandistics would know, that Brandistics is the first Indian blog to treat players as brands, and teams as mother brands. Indian Premier League, by that analogy, would probably then become the grandfather brand of them all.

Yes, IPL is a huge brand name today, and Ankit Chabbra has told you that it is so, because it is the 22nd most innovative company in the world today. This company gives us some awesome entertainment, some brilliant cricket, a lot of glamour, and stars that become so, almost overnight.

But if there is something that IPL gives us, apart from all of this, that makes the marketers very excited is the 8 established brands other than itself that IPL brings along. Yes, I am talking about the already established 8 teams, which would soon be joined by 2 more (Pune and Kochi) from IPL 2011.

For the sake of KISS (Keep it short and simple), Brandistics here will be taking one brand a week, and talk about it from all perspectives. Of course, if there is a lot more that we wish to discuss about that particular brand, we could extend that brand to the next week too.

So, the Brand for the Week is:

Kolkata Knight Riders

The team hasn't had the best of runs in IPL 2008 and IPL 2009, and while the performance has been better in IPL 2010, it is certainly not enough for the side to be counted as one of the favorites.

But the side definitely is a favorite among the public, which makes it a favorite for the marketers. We know IPL is a Mecca for Marketers, and KKR is one of those most desired seats.

So, this week, we would be talking about what makes KKR such a strong brand, in spite (or because of, as they case might turn out to be) of poor performances on the field.

But before we get down to any of that, let us find out a few facts about the team.

Owners:	Red Chillies Entertainment Pvt. Ltd
Franchisee Fee:	US $75.09 mn
Sponsorships and Brand Associations	Nokia, Belmonte, Star Plus, Gitanjali Jewellers, Sprite, Boomer, Reebok, Bilt, Tag Heuer, PlanetM, Next, XXX Energy Drink, Lux Hosiery
Income in Sponsorships (2008 and 2009)	Rs. 125 crore.
Income in  Central Pool	Rs. 111 crore
Eyeball Factor	Shah Rukh Khan (Co-owner of the team) Sourav Ganguly (Captain for IPL 2008 and IPL 2010)
Team Logo

Data Courtesy: Live Mint

The facts are out of the way, our opinions will now hit you. Wait for our opinions and come back for the same. Till then....

IPL: Mecca for Marketers

Mecca is the holy pilgrimage for Muslims, where once a year, the Hajj, the greater pilgrimage, takes place in Mecca and nearby sites. During the Hajj, three million people of all races worship in unison.

So, I am right in stating a cricket extravaganza, held once a year in the holy country of cricket INDIA; that engages millions of followers of their cricketing gods – a Mecca for marketers. Where else, will you find such an engaging audience and viewership to display your products.

I have been talking about IPL boosting the internet audience so a fantastic potential to get viewership on social networking sites, sports blogs and the sports websites. Next, it was the television media where the ad agencies are trying hard to gain the primetime slots on high TVR IPL matches that are beating the viewership of GEC (general entertainment channels like Star Plus , Colors etc..)

[In Television media the ad agencies usually estimate the high TVR (TV Rating) programmes and book their slots so IPL being a high rated TV show is always on their cards] .

But, how do they do that? Is something we need to learn and understand in the subsequent posts.

IPL hits the box office hard !!

Yes, this is what we have been hearing since IPL started 3 years ago.

But, on the other side of the coin actors are earning huge with appearances at IPL matches and the movie theaters earning high with match telecasts. Hence, the lone suffering parties left out are the production houses (barring Red Chillies who opted the idea to co-exist )

We need to figure this out and choose one side of the coin. First, I throw some light on the heading that IPL has actually hit hard on the box office. This holds true as in general, the success of the movies releasing on the box office determines the revenue that industry generates. With virtually no big banner movie releasing during the season, the success is far off to talk about.

This IPL season 3 the only movies released have been Well Done Abba’, ‘Hum Tum Aur Ghost’, ‘Mittal V/s Mittal’, ‘Prem Kaa Game’ and ‘My Friend Ganesha 3′,LSD, Right Yaa Wrong.

So, the main box office earnings have been by LSD (love,sex aur dokha) and atithi tum kab jaoge who have leveraged the situation

• these are low budget movies so that the investments are easily recovered with small earnings of around 6-7 crores.

• had no competitions from big banners so got their credits too, by acceptable occupancies of 20-30%.

• would have gone un-noticed amongst the biggies, if were not released during this period.
  

Even the coming month has nothing much to cheer for the movie buffs as they have to settle with small banner movies Paathshala, Phoonk-2 and Prince.

Apart from this even production houses have agreed to the fact that releasing big banners around 8th week of IPL is mere foolishness so all have pocketed their money till IPL ends.The reason have been the past 2 years which have seen real beatings on the box office.

• 2009 was a black list season for bollywood with the combined effects of the economic slowdown, elections, strike by producers and IPL.So, the industry faced a delay of around 25 films costing around 150 crores to industry.

• 2008, the first season was the one which gave them the hint to the storm that was about to hit the industry and hit it hard.

So, the market understanding says 'during IPL big budgetflicks take a side and allow for free playing grounds for low budget to compete and gather their collections and recognitions'