Audio advertising the next big thing for brands: Industry experts

Industry experts say that brands are now exploring and generously investing in the audio advertising space

e4m by Misbaah Mansuri
Published: Jun 8, 2018 9:02 AM  | 4 min read

Brands world over seem to be experimenting with audio advertising and how! According to the Interactive Advertising Bureau, audio ads generated $1.6 billion in the US in 2017, a 39 per cent jump from the year before. Google too is plugging into streaming music services such as Spotify and Pandora to deliver audio ads. That said, there is no dearth of opportunities for brands to experiment with audio advertising.

As the clout of audio ads grow in the industry, digital is making audio advertising precise and easy to scale. We asked industry experts about the growth prospects of the audio advertising market in India.

Vinodh Bhat, Co-Founder and President, Saavn, says that the audio advertising market is definitely picking up with more brands gravitating towards that space and for good reasons.

“With audio, there is a very unique value proposition which I don’t think brands can get from other media. This includes the level of scale and significant amount of targeting, given the high frequency of use,” he says.

Abraham Thomas, CEO, Radio City, feels that the audio advertising space has witnessed an upsurge in the recent time owing to the digital avenues that automate real-time buying, targeting, optimizing and reporting of audio advertisements.

“With communities getting created around select genres of audio content, brands are now beginning to target those communities through different music genres. For example, Radio City Freedom Awards, a property dedicated to indie music, has seen an increase in big advertisers and sponsors who are going beyond sponsorship to engaging and integrating with these communities. Similarly, Radio City’s 52 web radio stations are also witnessing a surge in audio advertising,” he says.

Manika Juneja, AVP Operations - West, Client Servicing, WATConsult, says, "The industry is witnessing consumers’ inclination towards passive entertainment content consumption, resulting into marketer’s interest into exploring audio ads."

Arvind Menon, Creative Head - West, FoxyMoron, feels that with experiential formats like audio spotlight devices as done by All Good Bananas in Australia, we could find audio advertising evolving in new ways that are yet unexplored.

"When it comes to getting into the mind of the Indian consumers, music and its recall value are both highly significant. While today, radio is mainstay for pure audio-based advertising, evolving formats like audio ads in podcasts and streaming services are now booming,” says Menon.

More brands joining the bandwagon?

Bhat opines that audio being an activation medium provides a very passion-centric environment for listeners and could help disseminate brand message that changes the concept of a brand in the mind of listeners.

He shares that with increasing number of brands adopting the audio advertising route, while agencies have always been Saavn’s partners, there are certain brands who want to work directly with them.

OPPO has partnered with Saavn for three of its most utilized properties. Netflix too recently came out with an innovative strategy to market themselves through audio advertising. They figured out that the users who consume audio content will more video content as well and provided the content to Saavn.

Will Yang, Brand Director, OPPO India, shares, “With this partnership in line with the fact that we have a common target audience, we aim to re-emphasize with the brand proposition."

Thomas too shares that the expansion of FM radio’s reach has given rise to newer formats and are leading to an increase in advertisers’ spends. “With multiple international entrants in the field of audio entertainment, this space has the potential to further rake in a larger shar of the brand's advertising budgets,” he explains.

Juneja echoes the sentiments. “Brands are surely joining the audio ads bandwagon. They are exploring audio ads slots to deliver custom messages, audio jingles and more with the objective to capture consumers' attention, increase brand awareness and recall.”

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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

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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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'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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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 by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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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

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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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

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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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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