New Order: LG reshuffles top management again

LG Electronics has done yet another round of reshuffle. This time, to bring some semblance of consolidation within the portfolio. The new restructuring is aimed at consolidating several functions under few larger business groups without diluting the focus on individual product categories.

e4m by exchange4media Staff
Published: Jan 5, 2006 8:13 AM  | 3 min read
New Order: LG reshuffles top management again

LG Electronics has done yet another round of reshuffle. This time, to bring some semblance of consolidation within the portfolio. This marks a shift in MD, KR Kim's earlier initiatives of creating smaller roles under separate heads for a focused product strategy. The new restructuring is aimed at consolidating several functions under few larger business groups without diluting the focus on individual product categories.

Company sources said LG's new sales and marketing structure has now been divided into four broad business groups - consumer electronics, refrigerators, air conditioners and washing machines - each under a head. Amitabh Tiwari, former Product Group Head (PGH) for CTV has now been elevated as Business Group Head (BGH) for consumer electronics.

Similarly, Anil Arora becomes BGH for Refrigerators against his erstwhile responsibility as PGH for frost-free refrigerators, and Ajay Bajaj who was heading Retail ACs (windows and split) has been promoted as the BGH for the entire AC range. The head of the fourth business group - washing machines and microwave ovens, is yet to be identified. Sources say Rajeev Jain, PGH for washing machines might get elevated as the BGH with two PGHs reporting to him.

Each of these BGHs have PGHs reporting into them. PGHs earlier reported directly to the MD. In consumer electronics, Sanjiv Jain who headed audios, is now being moved as PGH for CTVs. On the other hand, Rishi Tandon will head audios and Prasanna Raghavan will be PGH for plasma display panels.

The trio will report to Tiwari instead of Kim. In refrigerators, Prashant K Das and Rohit Pandit have been placed as PGH for frost-free and direct cool respectively. Das was earlier CTV PGH for South and West based out of Pune, while Pandit used to handled Direct Cool. In airconditioners, Saurav Baisakhya who was handling CTVs, has been made PGH for retail ACs while Bijou George retains his role as the head of commercial ACs.

There are advantages of such a structure, say insiders. “In the wake of high target expectations this year, the money generated by one category in the BGH can be used to propel another which is needed. This cooperation was difficult in separate PGH system followed earlier,” said one.

While sources within the company call it a consolidation move, some believe there's more on Mr Kim's mind. “The MD actually wants to reduce his dependence on PGH who earlier reported directly to him,” said a source close to the company. So now if any of the BGHs or PGHs quit, work will continue seamlessly. The new dispensation surprises many. For almost three years LG had created smaller responsibilities under individuals to respond faster to the market.

Beginning with bifurcation of sales and marketing at functional levels and then regional levels, the durables giant operated with PGHs. The new move to bring PGHs under BGHs is being seen as a step backward. This is also the second reshuffle that LG has taken in the last six months.

Meanwhile, in another development, to align its marcom with the new internal reorganisation, LG has placed its consumer electronics and IT account with Lowe. A few weeks back, LG had also consolidated its complete Home Appliances advertising through Capital Advertising. The other agencies - O&M and McCann-Erickson - which were roped in over a year back have moved out in the fresh round of reshuffle.

According to the company, the review had an objective of integrating its Colour Televisions (CTV), Flat Panel Displays (FPD's), Audios (DAV) and IT categories. The consumer electronics and IT Advertising account is estimated to be 60% of the overall advertising spends of the company. The balance is shared between Home Appliances and GSM business.

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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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