IAA Chapter: Media agency heads deliberate on advertising forecast for 2016
The India chapter of International Advertising Association (IAA) recently hosted ‘Retrospect and Prospect--Advertising Outlook 2016 and beyond’ in Mumbai, wherein Anupriya Acharya, Group CEO, Zenith Optimedia, Shashi Sinha, CEO, IPG Mediabrands and Vikram Sakhuja, ? Group CEO Madison Media & OOH at Madison World presented their ad spend projections for the year 2016. The three stalwarts also participated in a discussion which was moderated by Ashok Venkatramani, CEO, ABP News Network

The India chapter of International Advertising Association (IAA) recently hosted ‘Retrospect and Prospect--Advertising Outlook 2016 and beyond’ in Mumbai, wherein Anupriya Acharya, Group CEO, Zenith Optimedia, Shashi Sinha, CEO, IPG Mediabrands and Vikram Sakhuja, Group CEO Madison Media & OOH at Madison World presented their ad spend projections for the year 2016. The three stalwarts also participated in a discussion which was moderated by Ashok Venkatramani, CEO, ABP News Network
Some excerpts from the panel discussion that took place among the media stalwarts-
Acharya’s forecast numbers, which said, growth of print at 11.5%, TV at 15% and digital at 25%, comparing to IPG and Madison projections looked least optimistic and was quizzed by Venkatramani on this.
Acharya: It is an optimistic report; we do take into account the overall macro-economic factors, local factors and all of that. Secondly at Zenith Optimedia we always believe in a cautious forecast, we think it is much better to have a measured approach to forecast and that is the reason we also update our forecast every quarter.
Another trend which Venkatramani picked from Acharya’s report is that- Video sharing is going to go down next year, which is contrary to what digital experts have been saying. Why?
Acharya: Social media has actually moved away from likes to more on building reach and a large part of social media is clearly moving into video ads, which is true for both Facebook and Twitter. When we do our forecasts, some part of the video also gets classified under social media. So if we look at both of them together, the video growth is there. However, to counterpoint the whole growth which we are talking about, we highlighted issues of connectivity, large section of the population is on 2G, data pricing is not getting cheaper, price crash is not around the corner, so one will have to ideally wait and watch.
Everybody is clubbing digital as one umbrella platform, whereas if you start dissecting, there are a host of opportunities and we don’t know which one is going to grow. Do you think it is time to classify them separately?
Sakhuja: I would love to, but the fundamental challenge in digital is- there is no authenticated source which says, how much is going to search and how much is going to videos. Search you can still get, but the ability to dissect it further to apps, videos, mobile doesn’t exist. I think, there needs to be an ad ex mechanism which captures how the inventory goes in digital.
Which is the one advice which you will give to advertisers to help grow this pie?
Sinha: If this country has to grow, it has to grow on the back of SMEs. If SMEs grow, there will be a boom and there will be supply and demand.
Sakhuja: Invest in driving outcome, right now we are at a very nascent stage, don’t think output, think in terms of, am I growing awareness, concentration, advocacy, loyalty etc.
Acharya: I think it is not such a linear question that we want advertisers, broadcasters or agencies to grow this market. Yes if we compare it globally, then obviously the cost of India is very cheap. So, ability for a market to pay for the media is pretty much limited by the ability to charge in their own area. So, it is unfair to say that marketers are not pumping in enough money.
Which is the one wish-list from the two large segments-(TV and Print) to help grow the pie?
Sakhuja: In the HSM, give us local market plan, ability to go to a UP, Maharashtra, Rajasthan and actually deliver a credible market plan. If you do that, market will explode.
Acharya: TV and print is doing very well. If there is content which is sticky, more localised, cultural, the mediums will definitely continue to grow.
What should media agencies do to increase the pie?
Sinha: As we grapple with volume, because of lower margins, sometimes quality suffers. So the challenge is how to improve the quality at the same time.
Sakhuja: If all our clients are obsessed with growing the brands on which they are working on, it will surely help.
Acharya: Training and talent- India is a very complex market and each of the media is also very fragmented. The Industry has not been able to handle that growth. It is expanding too fast and there is an acute need for talent.
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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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