
The mood was all set for the GoaFest and the destination was already
filled with media and advertising professionals but the Advertising
Agencies Association of India (AAAI) used the opportunity to bring
some issues of the advertising industry under the scanner. AAAI's
organised an Advertising Conclave which brought together members
of the Indian Newspaper Society (INS), Indian Broadcast Federation
(IBF) and the Indian Society of Advertisers (ISA) in a joint discussion
to discuss and debate on 'What ails the industry?'.
The audience comprising senior executives from all areas of the
industry were very participative. The discussions were moderated by
Ambika Srivastava of Zenith Media Optimedia. Aroon Purie of India
Today Group and Subhash Chandra of Zee Group inspired the industry
leaders by sharing their perspectives on what they thought ailed the
industry and gave their dose of solutions. It was an assessment of
where the industry was headed and how growth and ideas could be
accelerated and sustained.
Interestingly known names from the industry were given a chance to
speak on what bugged them about the advertising and media industry
and its ways. Purie felt that as an industry we are not investing aggressively
in content. He said, "We are short selling the medium to advertisers
and media planners."
He said, "Bhelpuri on Chowpatty in Mumbai sells for Rs 15, while a
newspaper sells for Rs 2, or even a full-colour business magazine sells
for only Rs 10." He went on to compare these figures with international
publications such as 'New York Times', which is sold for Rs 45.
Similarly, a business newspaper such as 'The Wall Street Journal' sells
for Rs 90 abroad.
for Rs 90 abroad.
Purie reflected that it was due to these market dynamics that there
was pressure on advertising in a different way, wherein ad rates are
hiked resulting in continual complains from advertisers. He was also of
the opinion that consumers are being spoilt and even if the prices of newspapers, magazines or other media increase, these consumers
won't do without them and will, in time, accept higher prices.
Bhaskar Das, Executive President, The Times of India, had another
view on this point. He informed that any increase in the cover price of
newspapers led to a corresponding decline in the circulation figures.
But Purie was ready with an example from experience and he commented
that 'India Today' did not lose out on circulation when it had
induced an increase in the cover price, "and that too by 30 per cent,"
exclaimed Purie, "and the same was the case with many regional
dailies which sell at a higher price as compared to many English
dailies."
Delving further into the advertising aspect of the media, Purie categorised
that Indian advertising to be intrusive. He pointed that mastheads
are sold, right hand pages are preferred for ads in magazines,
whereas some ads are even made to look like a part of the editorial. He
said "These may reap short term gains, eventually readers get put off
by these. Editorials should be kept clear and advertising should be used
where it is supposed to be." To substantiate his point, he cited the
example of HBO, which when started in the US, did not have any commercial
breaks keepings viewers needs in mind. Purie also observed
that there has been a bias towards the English language in both print
and television, when it came to advertising, even though the advertisers'
actual target audience may be tuned in to a Hindi medium.
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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur
The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more
With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.
The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.
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Swapan Seth's new book 'COOL' is out
The book is a reflection of the author's 'eclectic taste across categories'
Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."
The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."
COOL has been published by Simon & Schuster India and is available on Amazon.
Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.
He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.
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Disney Star signs 9 sponsors for Asia Cup PAK
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board
e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.
According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.
As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.
A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.
Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.
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Sorted 360 wins creative & social media mandate of Reliance Mall
The agency will manage offline and online campaigns for Reliance Mall
Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.
“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.
“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.
"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."
"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."
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KlugKlug onboards Hemang Mehta as Country Manager for Indias
Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments
KlugKlug has appointed Hemang Mehta as its Country Manager for India.
Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy
Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.
Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."
Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."
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