IceCream Labs targets 20% of display ad market by 2016
Ad tech startup IceCream Labs is among a new generation of tech start-ups which are aggressively eyeing the Indian digital advertising market with a slew of new products

Bangalore-based IceCream Labs is among the new generation of start ups which are aggressively eyeing the Indian digital advertising market with a slew of innovative new products.
In the case of IceCream Labs, the focus is very much on the visual web, which includes images as well as videos. Their platform, explains Sanjay Ramakrishnan, CEO and Co-founder, helps to derive context and machine learning from images. “Publishers have so much image inventory but they have not been able to monetize it till now. What we do is help publishers and brands to identify these opportunities,” said Ramakrishnan.
An example he gives is a campaign run for Myntra for the Hrithik Roshan promoted brand HRX. IceCream Labs scanned the internet and inserted a HRX ad/logo at the bottom of every image of Hrithik Roshan on the web. The company has done campaigns for clients like Bharti AXA, Amazon, Myntra, Levis, Wrangler, Pepe, Lee, Carzonrent, etc.
“A large portion of digital spends are on display. The facts that digital ads are not viewable is a big problem but images always drive attention,” says Ramakrishnan. He is referring to a recent Google study which stated that nearly 50 per cent of all online ads were not seen by the audience. In contrast, Ramakrishnan claims, IceCream Labs promise 80+ per cent viewability to their clients on image inventory.
http://www.exchange4media.com/digital/56.1-of-online-ads-are-not-seen-says-google_58495.html
When asked about how metrics on the different parameters compare with other platforms, Ramakrishnan claimed engagement rates are 5-6 times more than basic display while clickthrough rates (CTR) is about 6 times more.
IceCream Labs’ main product right now is InPici, which is an ad platform for image inventory and has been available since January 2015. The company is also developing two new ad platforms—one for video inventory and another focusing on social. The latter, however, is still too early in the development cycle, while the former might be introduced in the market as early as next quarter.
“Our focus is to scale up our India operations. We are also looking at expanding to the US before December and maybe one more large market. But, India and the US, are the main advertising markets for us,” said Ramakrishnan.
A Carat Media report suggests that digital will account for nearly 26 per cent of global ad spends by 2016. In India, the Pitch Madison Advertising Outlook 2015 estimated that digital would account for 12.6 per cent of ad spends in 2015 and reach total spends of Rs 5,135 crore. A 2014 report by ZenithOptimedia predicted that by 2015 display ads would even overtake paid search revenues and ad tech and social media platforms have further accelerated this growth over the last couple of years.
Though Ramakrishnan says it is too early for predictions, with a large percentage of the digital spends expected to be on display advertising, he expects the company to grow rapidly. “Within Indian market, we can get at least 20 per cent of the display spends,” he told us.
However, despite the future interest in digital display, he does not see platforms like his posing a serious challenge to TV in the near future. He insists the focus is on digital; both internet and mobile. “For a conventional FMCG company there are not too many display marketing options available for brand marketing,” he explains, adding that the digital market presents a lot of opportunities with, what he calls, “the current wave being seen on the visual wave”.
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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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