ZenithOptimedia seminar puts the spotlight on measuring ROI
ZenithOptimedia’s seminar on Measuring ROI for Profitable Communications saw a diverse mix of panel speak on the subject. The aim of the seminar was to make the audience aware that while trying to improve ROI for one’s marketing initiatives, a comprehensive approach is also required to measure the marketing effectiveness and outcome that one would derive from the same.

ZenithOptimedia’s seminar on Measuring Return on Investment (ROI) for Profitable Communications saw a diverse mix of panel speak on the subject, and true to the nature of the panel, provided ample and diverse food for thought. The aim of the seminar was to make the audience aware that while trying to improve ROI for one’s marketing initiatives, a comprehensive approach is required too to measure the marketing effectiveness and outcome that one would derive from the same.
Guy Abrahams, Regional Director of Communications Planning, Asia, pointed out that ROI was a mindset, which if employees focused upon, was more likely to deliver. He also emphasised that to deliver ROI, there had to be a process. He said, “There is no one tool to measure ROI and many different tools can be used depending on what ROI you are looking to measure.”
Taking the point further, Suresh Ramanathan, Associate Professor of Marketing at the University of Chicago, Graduate School of Business, pointed out the kind of metric one focused on when talking ROI. He said, “There is an increasing need to justify spends on advertising and what’s happening is that the market is getting obsessed with short term marketing ROI at the cost of long run ones. Hence, it becomes imperative to find the right metric.”
While Abrahams and Ramanathan talked about the ROI and showed concern on the short term ROIs, other panelists, including Santosh Desai, CEO, Future Brands, and Arvind Mediratta, Business Head, Cash & Carry, Walmart India, expressed their concern on measuring ROI.
Desai, in fact, dubbed himself as an ‘ROI sceptic’. He said, “The very act of measurement, which gives only 65 per cent of the truth and probably just an illusion of the truth, is disturbing. It’s better to not know anything than just partial truth, and I am not comfortable with what really passes off as measurement.”
Mediratta, on the other hand, brought the reality to notice. He said, “In the real world, if my business does not move, I don’t grow sales, improve my top line and deliver bottom line, then no amount of measuring ROI would help.”
The seminar also discussed the ROI lessons from digital marketing, which was elaborated by Sachin Bhatia, co-founder, makemytrip.com.
Ambika Srivastava, CEO, ZenithOptimedia, concluded, “As a client responsive network, ROI is a theme that ZenithOptimedia has been working with for several years. The proposition of the company as The ROI Agency reflects our work ethos and commitment to drive the accountability agenda for our clients.”
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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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