The cycle goes on, gets swanky
If you thought bicycles, once a lifeline of rural India, are passé in the new world of swanky mass rapid transport systems, sleek electric trains and fancy motorbikes, think again. They have in fact made a strong comeback riding the growth in fancy cycles segment.

If you thought bicycles, once a lifeline of rural India, are passé in the new world of swanky mass rapid transport systems, sleek electric trains and fancy motorbikes, think again. They have in fact made a strong comeback riding the growth in fancy cycles segment.
The old, standard 'black' cycles that once dotted country roads are riding downhill, but the fancy cycle segment - comprising junior, teenager and women bicycles - has clocked swift growth, like in most western countries. At present, this segment accounts for almost 40% of the total production of 1.6 crore units produced in India.
"Three years back, the sales ratio of fancy to 'black' bicycles was almost 18:82, today it has grown to 40:60," said SK Rai, managing director, Hero Cycles. Overall, the cycle industry is growing at a marginal rate of around 2-3% and in future the fancy segment is going to be the major growth driver.
"We expect the fancy segment to grow at around 50% by 2010," said HK Kapoor, executive director, All India Cycle Manufacturers' Association.
Growth in this segment has been primarily on account of the rationalisation in cycle prices and increased availability of newer models. Currently, any cycle manufacturing company has somewhere around 50-60 models as in comparison to 10-15 earlier. This gives consumers more options to choose from, and select according to his/her taste and requirements.
Pricing has also led to the increase in the demand of the fancy bicycles segment. A fancy bicycle costs somewhere around Rs 1,400 as in comparison to Rs 1,200 for a standard model.
By spending Rs 200 extra, the consumer is able to enjoy a model that is more lively, vibrant and tasteful. "The fancy cycle segment has actually eaten up into the standard segment," said Nalin Mahajan, director, bicycletradesource.com.
While demand for the fancy segment has increased in leaps and bounds, sales of the standard 'black' bicycle has dipped substantially. "Rural areas in UP, Bihar and Haryana still have a demand for the standard cycles, but it is persistently falling," said Angad Kapur, vice-president, Atlas Cycles.
This fall can be attributed to both price rationalisation in the cycle industry and also availability of easy financing options for motorcycles and scooters. However, with bicycles becoming more technically advanced and costly, the industry is also planning to introduce such financing options for bicycles too.
Innovation has also played a key role in keeping the industry alive and take on to the upcoming challenges. Avon Cycles recently debuted into manufacture of electric bikes.
Priced at Rs 15,000 and targeted at teenagers and particularly ladies, it would have a speed of about 25km per hour on a motor power of 250W. "We have introduced this product taking note of the world wide trend of utility bikes going electric," said Onkar Singh Pahwa, MD, Avon Cycles.
Today, an individual can pick and choose from an entire range of bicycles beginning from all terrain mountain bikes, children bikes, city urban bikes, sports/race bikes, utility bikes, roadsters to junior style bikes.
The entire concept of the bicycle has undergone a makeover over last few years. These modern-age bicycles are mean machines designed to serve specific purposes and targeted at all classes of the populace - be it kids, teenagers or oldies.
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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
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'
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 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
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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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."
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