Bajaj closes in on Hero Honda
Bajaj Auto has pulled closer to Hero Honda in the number of motorcycles sold each month, raising the possibility of an imminent change in the leadership position in the world's second-largest bike market.

Bajaj Auto has pulled closer to Hero Honda in the number of motorcycles sold each month, raising the possibility of an imminent change in the leadership position in the world's second-largest bike market.
Pune-based Bajaj sold 180,570 motorcycles in August, a 21% growth over the year-ago period. Hero Honda, which had dominated the industry till recently, announced a 15% drop in sales to 2,08,576 bikes due to a four-day shutdown, stock pile-up at dealers and strong competition from Bajaj's Platina and Discover.
The gap between the two has now reduced to just 28,000 units from over 100,000 units a year ago. The development poses a big threat to Hero Honda's exalted position in the 7m per annum bike market. After years of trying, Bajaj looks increasingly likely to overtake Hero Honda very soon.
“Hero Honda's plant was shut for a few days last month for maintenance work but that is not the real problem here. These monthly sales figures only represent despatches to dealers and not actual retail sales. Hero Honda's stock has been piling up with dealers for some time now and it was only a matter of time before their orders slowed down,” said a Mumbai-based analyst.
Bajaj shares rose 3.44% to Rs 2,790.3 on Friday, while Hero Honda shares inched up 0.7% to Rs 726.1. Hero Honda officials declined to comment on the sales figures.
Industry experts paint a pretty bleak picture for Hero Honda in the short term. They say everything will depend on Hero Honda's launching that one key product in the 125cc segment which can take on Bajaj's new challenge (Platina and Discover) and reinforce its leadership position. Also, Hero Honda's barely-there presence in the growing executive segment (150cc) does not bode well for the company.
But, Hero Honda is already working over time to make up for lost time. The company is gearing up to launch seven new products this year and keep up that tempo in future. Earlier last month Hero Honda announced a Rs 1,900 crore investment in Haridwar along with its ancillaries for a new motorcycle plant.
The plant will be operational by May '07 with an initial production capacity of 5,00,000 units, at an investment of approximately Rs 300 crore. By '10, the investment will go up to Rs 1,900 crore in the new plant, achieving a capacity expansion to 1.5m units.
Unlike other industry observers, Bajaj Auto chairman Rahul Bajaj took a rather benevolent view of things. “Sales keep going up and down. We did well with our Platina and Discover, but Hero Honda must have already charted out a comeback strategy. It's a good company,” he said.
Far from uncorking the champagne, the top brass at Bajaj Auto, for some time now, has even abandoned the rhetoric of wanting to overtake Hero Honda. The company has been singing a different tune, that of international presence and global leadership. Nevertheless, the day Bajaj finally pips Hero Honda in sales seems unlikely to be far off.
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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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