Classified advertising: Online is the way ahead for India, says Classified Intelligence Head, Peter Zollman
India has been seeing quite a lot of action as far as classified advertising in print is concerned. However, classified advertising in the Internet is still at a nascent stage. The visit of Peter M Zollman, Head of Classified Intelligence LLC and one of the world's leading experts in classified advertising, is likely to stir things up in this sector.
India has been seeing quite a lot of action as far as classified advertising in print is concerned. However, classified advertising in the Internet is still at a nascent stage, though this genre of advertising has been gaining momentum in the international arena. The visit of Peter M. Zollman, Head of Classified Intelligence LLC and one of the world's leading experts in classified advertising, is likely to stir things up in this sector.
Zollman was in the National Capital last week with the objective of forging alliances with some of the big print and online companies. Classified Intelligence LLC has already signed a client (though the name was not divulged).
Classified Intelligence is the world's leading consulting group in the field of classified advertising. It works with dozens of companies and associations in the US, Canada, Europe, the UK and Asia. It also publishes the Classified Intelligence Report, which is a continuous advisory service about classifieds; annual overviews of recruitment, real estate, automotive and merchandise advertising.
Though classified advertising in India is more visible in the print media, Zollman felt that the transition from print to online was going to be steady. He cited the example of countries like Norway, Sweden and Finland where most of the classified advertising was now online.
He said, "The transition in India is just getting started and as the Internet penetration grows and as younger audiences migrate from the traditional newspapers to online and to mobile devices, the transition will get faster and more important. There is plenty of opportunity."
Zollman has a promising vision for India and as part of that plan he met certain big publishers and dotcom companies in the Capital in order to help the publishers with the transition process.
For this purpose, Classified Intelligence is setting up a consulting organisation and will be closely working with Santosh Goenka, President, Diagonal GlobalCom. Diagonal GlobalCom is a media consultancy and felicitation company, which Goenka has been running for the last two years. He was earlier publisher with the Indian Express group.
Zollman is quite upbeat about working with Goenka, who has over 20 years' experience in the media industry. He felt that Goenka's understanding of the global market place as well as the Indian market place would be a perfect synergy, which would help Indian media companies in charting out the right decisions.
Commenting on working with Zollman, Goenka, said, "People need to understand that online is important and it won't be too long before it dominates our lives. We have to remain in business in this area, so it's the right time that Peter has come in and I think we can add a lot of value to whatever the global perspective that exists and the Indian media companies, especially print, should take this as a golden opportunity."
Globally, classified advertising is a $100 billion-plus industry. While citing the examples of Naukri.com and Shaadi.com, Zollman pointed out that the transition had already started and envisaged a promising future for online classifieds because of the Internet business, which was growing at a rapid pace in India.
However, at the same time Zollman did point out the fact that newspapers were not going to lose all of the classified advertising in the short term or even in the long term. All he said was that though print was growing, online was growing much faster.
Drawing a comparison between print and online advertising, Zollman said, "Online is interactive, searchable and unlimited in the content, whereas print by definition is very limited in the content and is quite expensive."
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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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