GoaFest 2008: ‘The ad industry needs to get more aggressive’
Value proposition dominated the Advertising Conclave at GoaFest 2008. In the final session of the Conclave, focus turned to what should be the role of an industry body in creating value for the advertising industry. Speakers at the session included Pramath Sinha, Saurabh Srivastava, Kiran Karnik, and Ranjan Kapoor, Country Head, India, WPP.

Value proposition dominated the Advertising Conclave at GoaFest 2008. In the final session of the Conclave focus turned to what should be the role of an industry body in creating value for the advertising industry. Speakers at the session included Pramath Sinha, Managing Director, 9.9 Media; Saurabh Srivastava, past Chairman of Nasscom; Kiran Karnik, former President of Nasscom, who recently joined the Global Advisory Board of IDG Ventures; and Ranjan Kapoor, Country Head, India, WPP.
In his opening statement, Srivastava said, “The IT industry is worth $60 billion today. Back in 1988, software was given free and no value was given to it, we had a much bigger challenge of value addition then than what the ad industry has today, given the current value at 15 per cent.”
Karnik felt that the advertising industry was doing really well and was a critical, but very young industry. “Industry should zoom out and discussions should focus on broader issues,” he added.
Kapoor remarked, “I find there is more of self-flagellation than self-congratulation. There is so much negativity within the advertising industry itself. We don’t look at our business holistically. We don’t know how big the advertising industry is. We figure among the top 15 advertising industries of the world and spend 4 per cent of our GDP as advertising expenditure. China, in comparison, spends just 2 per cent of the GDP as advertising expenditure. We need to tap the potential advertisers, they aren’t spending what they should be. We are more interested in advertisers than the advertising scene as a whole. The word agency itself is more of a Victorian concept, we need to be more exclusive.”
He further said that digital was not advertising. “Digital grew from Rs 70 crore to Rs 700 crore last year alone, but it is not part of the AAAI. In seven years, it seems digital would become larger than us. We need to start having a micro view.”
Talking about the IT industry, Pramath Sinha said that it was very different from the ad industry. “We need to learn from an IT industry body like Nasscom, on how it has grown in strength and how it represents the various issues concerning the IT industry to the Government,” he added.
Srivastava explained that as a industry body it was important to tackle issues of talent. “Nasscom is addressing the problem of talent crunch in the industry by planning to set IT institutes. We have been able to plan ahead and think in wider terms. Creating a company is easy, but creating an industry body is tough. The media for advertising is changing, business models need to be changed as there is a huge paradigm shift in the industry. We should drive the new business models.”
Karnik concluded the session by summing up the key points. “The benchmark of GDP should be completely erased from our minds, as one of the greatest success is to be exclusive. We are exclusive and that’s why the Government is listening to us. Aspirational growth is important and so is long term planning. The ad industry needs to plan long term, just the way Nasscom had set up a concrete 10-year plan for the IT industry.”
“The ad industry needs to be a independent and a strong industry and focus on wider issues. We need to try and pitch issues for an ecosystem that would benefit everyone. We need to increase our visibility and get rid of the monopolies. The ad industry needs to get together and address the Government together. We need to address the issues in the Budget regarding taxes. The ad industry needs to get more aggressive,” was Karnik’s parting shot.
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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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