scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,498
Analysis of the XFL what factors led to if failing porters 5 forces analysis swot analysis implementation strategyetc paper was midterm for my strategic management in sports industry class XFL American football has surpassed baseball in recent years as Americas past time It has become part of everyday life with the NFL surpassing three billion dollars in revenue per year more than one billion more than its closest competitor It is thought of as gritty physical and all around fun just as most Americans like to be thought of For decades the NFL has dominated the world of football but despite all of this it has come under attack in recent years because of the increasing mediocrity cost to attend games skyrocketing player and coaches salaries squabbling owners and lack of loyalty by players to their respective teams With this Vince McMahon the founder of the WWF saw an opportunity and took charge to introduce a new and controversial professional football league called the XFL In looking at Porters Five Forces we conclude that the barriers to entry are high with the startup costs of the endeavor for the first year being roughly 100 million dollars Next in looking at the threat of substitutes we can conclude that it is moderate because of the many different types of entertainment available be it other activities or sports There are also other football leagues available to the consumer such as the Arena Football League which was drawing over a million fans per season in 1999 college football and the NFL However these other football leagues do not coincide with the XFL schedule In addition the XFLs strategy is to be a highly differentiated product therefore making the threat of substitutes lower The buyer power in the industry is high as the consumer can decide whether to attend or not to attend There are may other segments of the sports industry that a consumer can enjoy An
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA