Consumer, nay content, is king!
Innovative marketing and promotional campaigns can be of little use unless they are fuelled with winning content, feel industry experts.
Innovative marketing and promotional campaigns can be of little use unless they are fuelled with winning content. Irrespective of the platform, the key to success is high quality content. The session moderated by Patric Frater, Asia Editor, Variety, Hong Kong started off the discussion by quoting views of people from various walks of life and industries across the world. The sessions had mixed opinions from different people, however, it concluded with a unanimous opinion that ‘Consumer and not content is indeed the king.’
Now content has emerged as a stronger component when it comes to greater penetration and higher revenue generation. In the new era, consumers come across as the end winners since they are the ones that ultimately exercise their choice between mediums. There is an enormous variety of emerging mediums like the internet, branded gaming content, mobile videos and interactive television options. Subconscious registration of brands and consumer created content has changed the face of communication and given higher results in terms of penetration.
David Taghioff, Vice President of Business Affairs, William Morris Agency gave insights about the US market as he said, “In the US, social networking is used as a tool for creating effective and quality content. It is seen as a good medium for fresh ideas for quality content.”
James Ross, Regional Director, Asia, Granada International, HK had shared a similar opinion as he elaborated on high quality of content. “Different content appeals differently to different people. What is important here is whether it appeals to the right audience? If the content is relevant enough for a particular segment it would definitely appeal to them, while the same content might not work for another segment of consumers.”
Localization of content is very important and the economic results decide ‘Who is the King’. Ross cited interesting examples to substantiate his opinion. For instance, “Gaming and branded gaming content is very popular in Indonesia. While crazy variety format shows appeal the consumers in Japan, in Hong Kong interactive channels are a big hit. Content producers need to look into contemporary issues and relate to the end user,” he said.
While the debate was still in progress, Robert Chau, CEO, The Interactive Channel, HK and Singapore had a very balanced opinion on the topic as he said, “Content is King and Distribution is the Queen.’ However Chau supported his view as he said, “In the new era, interactive television is the future, as is not only helps in deeper penetration but also adds value to the content. In interactive TV, the consumer has the option to pick and choose from a wide range of programs and other branded content, from various mediums such as mobile, internet radio and live television.”
Talking about the Indian market, Sandeep Sikand, Programming Head, Sony said, “Content is king in the Indian market. There has been a dramatic growth in the Indian television market. This has elevated the Indian consumer to a much higher level. They now are in a position where they demand quality content. A particular content fails unless it appeals to the audience and adds value. However, content producers often take their viewers for granted. They tend to force the content which results in absolute failure. Content producers need to find topics and stories which not only appeal to their viewers but also help them relate to the content and give added value.”
Agreeing with Sikand, Paramdeep Singh, Vice President, Business Development and Finance, BODVOD, USA, gave few fundamental key points for content marketing. According to him, ‘Self Selecting’ audience is the top most key for marketing. Elaborating he said, “Fundamental shift from push to pull is very important. Content must have the ability to pull audience.”
With the monarchy being discussed, and kings and queens being launched and debated over, the consumer comes across as the ultimate winner – so for the time being… there are no complaints.
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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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