By Jaisurya Das
And this has been one really newsy month, hasn’t it?! Ladies and Gentlemen, Boys and Girls, thank you so much for your words of encouragement week after week. We will continue to do our best to alleviate your industry concerns as well as hopefully entertain you with our topical introductions.
I was pleasantly surprised last evening when my fruit vendor preferred me paying through a digital wallet; For the first time in my life, I bought a dozen bananas and paid by scanning his QR* code. The bananas weren’t as exciting as this whole process that lasted less than a minute! He had just transported my life onto another orbit. I was now ‘socially relevant’ and #trending.
As is evident, my writing is now contemporary and these amazing chequered symbols are used #liberally. The #demonetisation has had its advantages with digital penetration and reach growing exponentially day after day. Today, it’s out of necessity and much like the stone-age, the barter system is back in our lives albeit in a new avatar.
Interestingly, every small outlet including my chai vendor at office has a Paytm account and bandies it around, much like the tea in his flask. It’s almost become a fashion statement with everything from bananas to spinach and even peanuts if you please, exchanging hands through digital gateways.
There is a certain sense of pride that I take from this entire new era.
The pride of being an integral part of the changing ethos of our country. Technology is for the masses and this one step has undoubtedly accelerated its acceptance.
‘Necessity is undoubtedly the mother of invention’ isn’t it?
*QR is short for quick response and is a brand name for a matrix like barcode that was incidentally first developed for the automobile industry in Japan.
And now ladies and gentleman, it’s time for our readers from Mumbai, Delhi, and hold your breath, Bristol (UK) to get answers for their concerns. Welcome aboard, Bristol! Read on…
Sir, you appear to have praised the demonetisation move and you seem to echo the government’s ‘no pain, no gain’ line, but the immediate impact on the media economy is severe. Already several campaigns have been withdrawn or rescheduled, and we are worried that our billings for November and even December will be severely hit. We are all for steps for checking black money, but was this the best route to take?
Thanks for writing in my friend. Yes, I think this was a good move and the core objectives are within sight. No, this isn’t the solution, nor is it a foolproof remedy to curtail unaccounted wealth but this yet one bold step in this direction.
I have, along with several million Indians, cried myself hoarse on the need to rein in all this hugely flaunted black money. I can’t be hypocritical and be carried away by logistical issues on this. A move like this is bound to have settling in time just the way it unsettled lakhs and lakhs of people across the country.
I have personally witnessed grown up men weeping uncontrollably at the thought of losing all the wealth that they strategically built on, day after day. It’s all gone. Yes, advertising revenues have dropped, so has trade and industrial growth but this isn’t for long.
Clean trade will not be affected by this. The slowdown is just another indicator of the unaccounted wealth that moved down every corridor with sniper precision.
Is this what you want? No, I certainly want to see a cleaner country, with people accounting for all their wealth and enjoying a tax free regime much like the UAE and other countries that have learnt to balance their budgets effectively. The choice is yours my friend. Invest in the future or live with the imbroglio of a corrupt economy.
I am doing my masters in public relations and find that in placement,the salaries being offered to us are so pathetically lower than the other MBAs in our institute and MBAs in regular business management programmes. Do you think I made a mistake by enrolling into to a PR/communications management and not general management programme?
I wonder why the grass is always greener on the other side. It’s almost akin to an optical illusion.
It isn’t the industry as much as our passion for careers. The larger picture is often forgotten. Careers don’t get you anywhere. It is craft that separates the wheat from the chaff and nothing will change this equation.
My honest advice would be to forget chasing salary packages and work instead on building core competence. Build on differentiators and USPs to unlock your prowess and the rest will follow.
Careers mean nothing and a bad boss can take it from you at the next appraisal but your craft is yours for keeps. Someone will always recognise it, and give you your due.
I leave you today with this thought and hopefully this will become the reality of your life ahead.
I want to be a fashion journalist. What course should I do to become one?
Go ahead, my friend. This is yet another industry that will never be out of work considering our tendency to pamper our vanity.
Having said that, it’s indeed unfortunate that there aren’t many schools worth their salt, teaching this specialisation. In fact the best fashion writers today are all self-taught or have worked in the industry in various capacities and have a flair for writing.
Yes, there are a few fashion institutes that do have some courses of this kind but nothing that is worthy of mention here. It may be prudent on your part to do some writing through a blog or online media and gain a foothold with your work.
Spend time reading and connecting with people in the industry and keep writing. If it’s good work, it will certainly find its space.
All the very best to you, my friend.
I am writing to you from Bristol in England. Due to some family issues, I need to relocate to Ahmedabad for 18 months. I have completed my media management from a leading university in the UK and would like to consider a job in the media or advertising. Any recommendations, Sir?
Thank for writing in to Dear MxM. To be honest giving you a recommendation would be fool hardy considering the volatility of this industry!
My suggestion would be to get here and sense the market, talk to people and then carefully decide on a shortlist of companies that you can apply to..
The market isn’t as bad as it’s made out to be and good resources are always in demand. I have personally seen companies creating slots for good candidates be it Mumbai, Delhi or Ahmedabad. In fact Ahmedabad is on a roll with infrastructure and single windows attracting much investment.
Having said that, go for established brands or very bright startups (with promoters who understand the business ) and its unlikely that you will go wrong. It’s important to be working in a company where the promoters have a long-standing reputation and will thus protect the firm from erosion no matter what.
The rest is always left to the individual. The good will more than survive no matter what or where the company.
I guess it’s time I move on from the prosaic to reality and hence for now, Sayonara and God bless. I will be back next week, same space, same day, only to enthral you with finer questions and incisive answers, for this is our calling. Dear MxM is for you!
Have a wonderful weekend, readers. Do take good care of yourselves and let those questions come in with renewed vigour. All it takes is a mail on editor@mxmindia.comÂ
Jaisurya Das, maverick and media evangelist, eats, sleeps and makes love to brands. His consulting interventions are aimed at making brands powerful and sustainable. He is also Contributing Editor of MxM India and Co-Founder of pune365.com. For more on his work visit www.xanadu.co.in. The views expressed in this column are his own.