Max Life Insurance renews brand strategy, shifts spotlight from advisors to company

The insurer has launched a new campaign as part of a renewed brand strategy. The brand now takes the higher ground of 'Sachchi Advice', putting the spotlight on the company as a whole.

e4m by Ankur Singh
Published: Aug 26, 2015 7:42 AM  | 5 min read
Max Life Insurance renews brand strategy, shifts spotlight from advisors to company

The insurance industry as a whole has come of age in terms of advertising. Max Life Insurance is one brand that has been consistent in its advertising approach. Last week, the insurance major launched a new campaign emphasizing the importance and significance of honest advice. The central theme of the campaign is well captured with the tag line 'Sachchi Advice sirf apne hi dete hain'. The campaign has been designed by Ogilvy and Mather and will air for a period of 6 weeks.

This new campaign is part of a renewed brand strategy. For the last few years, the brand has propagated the thought of being 'Aapke Sachche Advisor', putting the spoltight on its advisors who are genuine, sincere and do what is right for their customers. Moving forward, the brand now takes the higher ground of 'Sachchi Advice', this time, putting the spotlight on the company as a whole.

Watch the video here:

The campaign went on trend on Twitter for three days. The company has increasingly being seen under the limelight for its digital story-telling. This is the third campaign by the insurer this year, all leveraged through digital mediums.

In wake of this ‘aggressive’ digital media strategy, Chief Digital Officer, at Max Life Insurance Manik Nangia shares key marketing insights with exchange4media. Excerpts:

What is  your renewed brand strategy?

The new campaign revolves around the fact that good or ‘sachchi advice’ is tough to come by. Max Life Insurance as a brand has always stood up for honesty and transparency in a category that is complex and confusing and where trust takes a while to be earned. For the last few years, the brand has propagated the thought of being 'Aapke Sachche Advisor', putting the spotlight on its advisors who are genuine, sincere and do what is right for their customers. Moving forward in its honesty journey, the brand has now decided to take the higher ground of 'Sachchi Advice', this time, putting the spotlight on the company as a whole.

The campaign brings this alive through an engaging story of two brothers playing carrom in their home. The elder brother suggests the younger brother to start saving in insurance, while the younger brother casually shrugs it off.  The film builds on a very relatable insight that the young usually consider the older's suggestions to be preachy and irrelevant. However, the truth is that it's only those who care for you, are the ones who give you honest advice, based out of their own life experiences.  In our country, anyone and everyone is out to give you a piece of advice. However, the most honest advice usually comes from someone who has a genuine interest in your welfare. The film captures this through the line, 'Sachchi advice sirf apne hi dete hain'.

 

With the festive season round the corner, are there any specific plans?

Festivals will come and go and the festive season is an important time of the year for let’s say the FMCG, e-Commerce, Auto and other sectors. However, when it comes to Life Insurance it is about creating a long lasting and satisfying relationship with customers keeping their protection in the long run in mind. At Max Life Insurance, we are of the firm opinion that rather than spending money on things and items that will provide fleeting happiness, one should look at savings for the various stages of life so that the interests of our near and dear ones are protected in the long term. After taking care of these important needs, the disposable income could be used to indulging in things that bring immediate gratification and joy.

Where does digital stand in the overall scheme of things?

The Sachchi Advice campaign will be amplified through a full scale social media plan. A Digital campaign will be built on conversations from consumers who will be invited to share their personal experiences of how honest advice changed the course of their lives or those they know. To reach our consumers, we will be using the social media platforms like YouTube, Twitter and Facebook extensively. We also plan to use the world of Blogs and Bloggers to engage with influencers and customers alike.

Insurance is a very niche category. However, the last year has seen a lot of innovative advertising on part of insurance firms. Is this sort of a coming of age of the industry as a whole?

In India insurance is still not bought, it is sold. Most people do not understand the importance of life insurance from the perspective of securing the financial future of their family in case of an unplanned event in life. It is largely seen as an investment option. Also, most people tend to live under the shadows of misplaced optimism, believing that misfortune will never strike them and postpone buying life insurance over things that provide immediate gratification. Therefore, it has become increasingly important for Life Insurance companies to step forward and educate the consumers about the importance and integrities of Life Insurance. This is what most Life Insurance Companies are trying to focus on it in their own unique way. 

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 on
Instagram, 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

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

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 on
Instagram, 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'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
test

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 on
Instagram, 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 by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
Test

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 on
Instagram, 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

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
test

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 on
Instagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp

test

test

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

test

test

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
khugfu

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 on
Instagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp