Mudra West ends 2010 with 30 pc growth; adds 8 new businesses

Mudra West has ended its financial year at a 30 per cent growth rate and had bagged eight new businesses in 2010 that added to its performance...

e4m by Tasneem Limbdiwala
Published: May 5, 2011 8:33 AM  | 3 min read
Mudra West ends 2010 with 30 pc growth; adds 8 new businesses

Mudra West has ended its financial year at a 30 percent growth rate and had bagged eight new businesses in 2010 that added to its performance. Arijit Ray, President, Mudra West, elated about the performance speaks to exchange4media.com on the agency’s expectations and the further agenda set for 2011.

As Ray explained, the agency had put forth a 15 percent revenue growth, but ended the year with 30 per cent growth. The agency exceeded their NBD (New Business Development) target by about 35 percent. Eight new businesses were won in 2010. In line with the goal, they were all sought-after and visible businesses. These businesses have been Emirates, Huawei, Philips, Electrolux, Kalpataru, L&T Mutual funds and an international assignment.

Speaking on some of the developments that added to Mudra’s performance, Ray said, “What worked most for us is the momentum. The efforts put in motion over the last couple of years have paid off. We had two very good years in 2008 and 2009. We won eight businesses that included ET, Femina, Lavasa, HCC, Lonely Planet, Filmfare etc. The quality of work moved up a few notches and the work was visible. In 2009 we fired at the Effies, and 2010 was a very successful year at the Goafest too.”

According to Ray, performance has its challenges and thus giving a divide on the agency’s organic and inorganic growth, Ray mentioned, “Compared to last year (2009-10) we grew our NBD conversion by 100 per cent this year. We grew our existing businesses by about 20 percent. While 20 percent of the revenues in 2011-12 will come in from new businesses won last year.”

Pleased with the agency’s performance at GoaFest 2011, an elated Ray said, “For the last 2 years we have significantly improved our tally at GOAFEST. This year was the culmination. There was huge impetus from Bobby (Pawar) and team at the group level. By virtue of being one of the largest offices of the group, we had to fire hard. KB Vinod (ECD, Mudra West) and team have done a phenomenal job and Mudra West’s tally to the overall tally has been really encouraging. This kind of performance significantly bolsters our creative and overall reputation. Additionally, it provides tremendous energy and inspiration within the ranks to keep raising the benchmark.”

On the agenda for 2011 from Mudra West, Ray stated, “We don’t have the luxury to let the momentum slip. We are looking at similar growth in revenue and equally ambitious new business. We are equally focussed in delivering enhanced value to our existing clients and help them with the challenges of a rapidly evolving market. 2011-13 will have to be the next “orbit shifting” for us. We have to add 2-3 prestige brands where one could do breakthrough, visible engagements. If we are looking at 25 to 30 per cent growth over the next 2 years, it has to be on the back of organic growth and few large new relationships.”

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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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