Id8 Labs seeks to optimise Internet benefit for clients with new cost models

Post the acquisition of WebPercept in April 2007, id8 Labs has made noticeable inroads in the domain with quite a few clients, and has now come out with its ‘cost per performance’ model. The company is also working on creating its own analytical platform, ‘icogz’, which will be focused on monitoring and managing campaigns.

e4m by exchange4media Staff
Published: Dec 19, 2007 6:08 AM  | 3 min read
Id8 Labs seeks to optimise Internet benefit for clients with new cost models

Post the acquisition of WebPercept in April 2007 and creating a new brand identity, id8 Labs has made significant progress in terms of clients and technology. In an age where digital is the rage and CPAs and CPCs hog all media presentations and discussions, id8 Labs attempts to be different and innovative with its ‘cost per performance’ model – a revenue model in which the client pays based on performance.

Elaborating more about the recent developments at his company, Amit Tripathi, CMD, id8 Labs, said that Intentias, the media arm of id8 Labs, had picked up nearly nine AoRs (agency on records) post the acquisition of WebPercept.

Elaborating on the business model for Intentias, Tripathi said, “On a media AoR format, agencies usually work on an agency commission model. We don’t work on that model. The entire format of working is completely Pay-per-Performance. We usually hear this for search based marketing, but never when you do the entire media.”

Explaining further, he said, “The models used generally are CPC (Cost per Click) and CPT (Cost per Thousand impressions), but we have gone a step ahead with CPA (Cost per Acquisitions) and CPS (Cost per Sales). In CPA, our fees are based on the leads generated by us and the media optimised by us. Hence, the revenues that Intentias would make would be completely based on how we successful have been in managing the campaign, the profit side, and the sales side of the entire campaign.”

Citing examples, Tripathi spoke about the exercise undertaken for Go Air, which had a mandate of increasing ticket sales and not brand awareness. “Most of the times you can hear arguments that you cannot do branding on the Internet, but only transactions. I personally believe it’s a myth, you can do both. We have successfully done both with a two-pronged approach for Go Air – one was branding and the other was sales. In effect, we dropped the cost of acquisition, it’s in single digits, but it’s fairly high. We are absolutely sure that by the end of a year with the client, the savings that we would have brought to them on account of the transactions that we have been doing would be phenomenally high. It would be in double digits,” he claimed. Meanwhile, the company is also working on creating its own analytical platform, ‘icogz’, which will be focused on monitoring and managing campaigns. Throwing more light on this, Tripathi said, “We have created this tool that will help in understanding the behavioural patterns of a user, from the moment he clicks on a link or visits a page, so that we can justify to the client that the connect created with that user is not temporary. We know that there are Internet audiences across India, but the challenge is how we get the right guys to the right place at the right time at the right cost. It’s easy to blow up lakhs of rupees on the Internet in a day, but will it give value to a client, I don’t know. Which is where you need to quantify and qualify the media spend through scientific tools.”

Post the recent acquisition of eDesign Tree franchise in India, id8 Labs now has presence in Bangalore and is also planning to launch it’s own operation in Delhi.

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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

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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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'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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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 by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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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

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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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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e4m by exchange4media Staff
Published: Aug 25, 2023 4:39 PM  | 1 min read

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:38 PM  | 1 min read

KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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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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