IMC 2008: Of brand building, regional languages and magazines
Day one of the Indian Magazine Congress 2008 saw the print industry deliberate on magazines building communities. Industry leaders stated that magazines had a strong role to play in brand building. The day also saw experts discuss ‘Magazine: Value and Wealth creation’, where it was stated that regional language magazines continued to dominate the market.

Day one of the Indian Magazine Congress 2008 saw the print industry deliberate on magazines building communities. Industry leaders stated that magazines had a strong role to play in brand building. The day also saw experts discuss ‘Magazine: Value and Wealth creation’, where it was stated that regional language magazines continued to dominate the market.
The two-day Indian Magazine Congress is being held in Mumbai on September 22-23 and is being organised by the Association of Indian Magazines (AIM) in association with WWM, Worldwide Media. exchange4media Group (exchange4media.com, Pitch and impact) and Business Standard are the media partners.
Magazines and brand building
The panelists on the session ‘Building a brand and the role of magazines’ included Sam Balsara, Chairman and MD, Madison World; Shashi Sinha, CEO, Lodestar Universal; NP Sathyamurthy, Joint VP, LMG; Pradeep Srivastava, Chief Marketing Officer, Idea Cellular; LV Krishnan, CEO, TAM Media Research; and Girish Shah, Head-Branding, Reliance ADAG. Meenakshi Madhavi, MD, Spatial Access, was the moderator.
“Magazines are here to stay,” was Girish Shah’s opening statement. He added, “Magazines bring a lot of credibility to a campaign.”
Agreeing with Shah, Balsara said that the percentage growth for magazines was higher than for newspapers. “However, the drop in average issue readership is high,” he added. NP Sathyamurthy, however, pointed out that the web was catching up. Pradeep Srivastava felt that there would be change and that changes were constant. “Magazines are the most powerful to build communities,” he pointed out.
According to LV Krishnan, magazines were like ketchup. “It is filled with goodness and richness and this overtakes the slowness. Magazines are the only ones that bring about community segments and it is the future,” he affirmed.
On whether spends on magazines had increased, Balsara commented, “We have been using multimedia magazines as one of our moves at Madison.” Shashi Sinha observed that there was a biased towards print. He said, “We keep tracking print because of the clients.”
According to Krishnan, “Magazines cannot be looked as secondary, as it is done most often.” To this Balsara said that as per TAM data, 3,200 advertisers used magazines exclusively. “Advertisers are finding reasons why they should advertise on magazines. They find that their needs are met,” he noted.
According to Sathyamurthy, “There is a change, but it is either stagnating or declining. Many magazine marketers haven’t gone beyond vanilla ads”
Regional language magazines dominate market
Later in the day, Mukesh Jain of Ernst & Young, while delivering a keynote address on ‘Magazine: Value and wealth creation’, said, “The Indian magazine industry is the fastest growing in the world. It was estimated at $409 million in 2007, representing a y-o-y growth of 15 per cent. On the other hand, global magazine publishing industry grew 3 per cent to reach $103 billion in 2007. Strong historical growth attributable to increased advertising and subscription rates. Advertising is the main contributor to the magazine industry with a current share of 74 per cent.”
He further said that the Indian print industry – fragmentation to consolidation – was expected to reach $5.2 nillion by 2012 from the current $3.2 billion. He also noted that regional players transitioning to national players could be seen across genres and geographies. “Most newspapers have adopted an ‘almost-free’ copy model with advertising heavily subsidising loss of circulation revenues. Leading print players enjoy revenue growth rates of more than 30 per cent. Indian print media has the largest share in the Indian advertising pie,” Jain said.
He further said, “Regional language magazines continue to dominate the market in terms of readership.”
Speaking on funding option, Jain said, “Equity funding options such as IPOs, private equity, and strategic investor are available today. Choosing the right option involves addressing the concerns and expectations of the promoters and potential investors.”
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
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.
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
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.
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
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.
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
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."
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
test
test
test
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
test
test
test
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
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."
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp