Indian Cricket Team Owner Plans Cheaper Line Of Jerseys To Compete With Knockoffs
from the market-research dept
We wrote about Indian film star Sharukh Khan not too long ago, when he was involved in a prank/hoax/joke about airport film scanners. However, Amar Balikai alerts us to something else he's potentially planning that seems pretty smart. Khan, via his production company, owns a cricket team, and there's huge demand for the jerseys. The official jerseys are apparently quite pricey, leading many to buy cheap knockoffs instead. But rather than freak out about the fakes, Khan apparently wants to create a second line of cheaper jerseys that the team can offer directly, to compete with the knockoff versions. We've seen this before, such as with the South African t-shirt company that secretly designed both an official line and its own, cheaper, knockoffs, and was able to better segment the market. In other words, these are both cases of companies recognizing that "piracy" is just a form of free market research. You just need to figure out how to capitalize on what it tells you.