Category: MEDIA

  • NewsX staff to vote on name change

    By A Correspondent

     

    Recently acquired by the ITV Media Group, English news channel NewsX is mulling a name change. MxMIndia has learnt that the channel is conducting an internal poll on whether the channel should be rebranded and launched with a new name.

     

    ITV Media’s head, Mr Kartikeya Sharma who is now the new owner of NewsX is learnt to have asked all staffers to share their views on the name change and also share ideas for new names. The new names being contemplated are INX News, IMN News, India News English and Nation 24. The team has also been invited to suggest a name other than these four. The last date of polling is July 24 after which  a call will be taken on the rebranding.

     

    ITV Media already operates a 24-hour Hindi news channel, India News. It also has six regional news channels including India News Bihar and India News Haryana.

     

    NewsX has been around since 2008, when it launched in March under the leadership of Mr Arup Ghosh who held senior positions in channels like NDTV, Sahara Samay and Channel 7 (now IBN 7) in the past.

     

    After its acquisition in January 2009 by Indi Media Company Pvt Ltd, a company owned by Mr Vinay Chhajlani, the then-promoter and CEO of Naidunia and Mr Jehangir Pocha, Former Editor of Businessworld, a rebranding and relaunch of the channel was announced in 2010. NewsX was expected to be relaunched with a new look and logo as IMN (Independent Media Network) News. Morgan Almeida, Director of London-based AlmeidaMedia was appointed to work on the new logo for IMN News.

     

    INX Media which owned INX News was set up by former Star India CEO Peter Mukerjea in March 2007. The existing logo of the channel was designed by UK-based Red Bee Media.

     

  • Mahuaa channel directors held for forgery

    By A Correspondent

     

    Two directors of popular Bhojpuri TV network Mahuaa were arrested for forgery to secure loans of nearly Rs.100 crore, a CBI official said Monday. A Delhi court sent them to judicial custody till August 4.

     

    Central Bureau of Investigation (CBI) Special Judge Swarana Kanta Sharma sent Mahuaa channel directors P.K. Tewari and Anand Tewari to jail after they were presented before her on the expiry of the period of their custodial interrogation.

     

    The duo were arrested by the probe agency on July 18 for their alleged involvement in presenting fake invoices and chartered accountant certificates to secure Rs 34 crore loan each from three banks. The two allegedly cheated three banks – Bank of Baroda, Punjab National Bank and Union Bank of India. The banks lodged a complaint against the accused in January.

     

    According to the CBI, the directors procured loans from the three banks for the expansion of their channel.

     

    Source: Indo-Asian News Service

     

  • Vivek Bahl hops to Sony as Chief Creative Director

    By A Correspondent

     

    In 18 months, this is his fifth place of work… surely, the man’s on the move. Yes, Vivek Bahl is set to join Sony Entertainment Television (SET) as Chief Creative Director after short stints at Mahuaa, Turner and Network 18.

     

    One of the seniormost programming executives in the business, Mr Bahl, joined Zee TV a few months before it was launched way back in 1992. His last port of call has been the Viacom18 Network which he had joined in May this year as network advisor (content).

     

    In the new role, Mr Bahl will be responsible for the overall programming of the flagship channel. Speaking on his appointment, he said, via a communique: “I’m delighted to join SET and hope to provide valuable programming inputs in all genres of shows. This is an exciting and challenging role and I’m honoured that trust has been reposed in my abilities.”

     

    Mr Bahl will report to Sneha Rajani, Senior Executive Vice President & Business Head – Channel SET.  While announcing the appointment, NP Singh, COO, MSM, said: “Vivek’s entertainment experience and a cross-functional strategic perspective will enhance the growth of SET. On behalf of Sony Entertainment Network, we look forward to a long and fruitful working association with him.”

     

    Prior to joining Viacom18, Mr Bahl was with Turner International where he was the Chief Content Officer. And before that he was with the Mahuaa Network where he moved from Star India.

     

  • ESPN Star bags SL Premier League

    By A Correspondent

     

    ESPN Star Sports announced that it has reached a multi-year broadcast rights agreement for exclusive coverage of the Sri Lanka Premier League (SLPL) in India. The first edition of this T20 league will be played in August 2012.

     

    The multi-year deal includes a minimum of 24 T20 matches per season. The first edition of the SLPL will see seven provisional teams compete for the trophy as well as a qualifier berth to the Champions League Twenty20 (CLT20) to be held later this year. The SLPL will feature 42 international players participating from seven countries. Star Cricket, Star Sports and ESPN will broadcast all the matches live and exclusive in India Starting August 11.

     

    ESPN Star Sports’ broadcast rights agreement also includes live coverage of the SLPL in the territories of Bangladesh, Bhutan, Cambodia, Hong Kong, Indonesia, Korea, Nepal, Macau, Malaysia, Maldives, Pakistan, Papua New Guinea, Philippines, Singapore, Sri Lanka and Thailand

     

    These rights, in addition to the existing T20 leagues from Australia, England and Bangladesh and along with CLT20 and ICC WT20 make ESS the undisputed leaders in this coveted cricket format.

     

    Speaking on the occasion, Peter Hutton, Managing Director, ESPN Star Sports, said: “We are delighted to be able to telecast the live matches of the SLPL in India and throughout the region. It is an excellent addition to Star Cricket’s remarkable catalogue of content in the next year, headlined byIndia’s home series against Pakistan, England and New Zealand, the ICC World T20, the Champions League T20 and the ICC Champions trophy. Sri Lanka cricket becomes the 6th cricket body with whom we are working on the shortest form of the game.”

     

    The SLPL will see all leading international and domestic cricketers from Sri Lanka joining hands with talented U-21 players. The tournament has also attracted players from Australia, Bangladesh, Pakistan, South Africa, New Zealand, Zimbabwe and West Indies.

     

  • Ratan Tata launches Lokmat tome on Aurangabad icons

    By A Correspondent

     

    It was a proud moment for the business community of Aurangabad when Ratan Tata, Chairman of the Tata Group, lauded their role in the growth and progress of Aurangabad – captured in the coffee-table book Business Icons of Aurangabad, which he unveiled.

     

    Congratulating the business icons of Aurangabad for their proud achievements and prosperity, Mr Tata urged them to “spread this prosperity to the whole country”.

     

    “There are many many people in Aurangabad and in the country who are not as fortunate or lucky as we are. It will thus be a mandate for all us to play a role in spreading the prosperity we enjoy, to others, because a prosperous India will be one whose future will be assured,” Mr Tata said.

     

    Happy with the progress that Aurangabad has made over the years, Mr Tata said: “I remember, as a school student, I used to come to Aurangabad to visit the Ajanta-Ellora caves. There was nothing other than Ajanta-Ellora then in Aurangabad, but today, it is a bustling industrial and tourism city!”

     

    “I wish that in the years to come, Aurangabad would see even better growth, and when Lokmat publishes a new book, it would take many volumes to include the personalities,” Mr Tata added.

     

    Videocon Chairman Venugopal N Dhoot too congratulated the business icons of Aurangabad, saying that it is because of them that Aurangabad has become so prosperous.

     

    Mr Tata unveiled the book – compiled and published by Lokmat Media – in the presence of Guest of Honour Venugopal N Dhoot, Chairman, Videocon, Mr Vijay Darda, MP Rajya Sabha and Chairman Lokmat Media, Mr Rajendra Darda, State Minister for Education, Mr Deven Darda, Director Lokmat Media, and Mr Rishi Darda, Joint MD Lokmat Media.

     

    Also present on the occasion were the business icons honoured in the book, along with several eminent public figures of Aurangabad and Marathwada region.

     

    Mr. Vijay Darda, Rajya Sabha MP and Chairman – Lokmat Media Pvt Ltd, said: “Business Icons of Aurangabad is our salute to the business leaders who have built modern Aurangabad brick by brick. I am grateful to Shri Ratan Tata and Shri Venugopal Dhoot for inspiring these business leaders with their presence here today. It is because of icons like these that this historic city has experienced such phenomenal growth.”

     

    The Business Icons series, introduced by Lokmat to serve as a guide for the future generations of the country, started with the release of Business Icons of Pune, at the hands of Pranab Mukherjee, on November 7, 2011 in Pune.

     

    Rishi Darda, Joint Managing Director – Lokmat Media, revealed that the selection of the business leaders profiled in Business Icons of Aurangabad was made by a distinguished panel of that included social entrepreneurs, presidents of industrial associations, and the senior editorial board of Lokmat.

     

    “Lokmat Media will continue the process of chronicling outstanding economic growth. Nagpur is next on the agenda,” Mr. Darda said

     

    Recognized over the last five decades as a major industrial destination, Aurangabad has been included in the ambitious Delhi-Mumbai Industrial Corridor which is expected to attract major investments. Industrial houses that have created wealth in Aurangabad represent a wide gamut of industry and trade segments such as automobile, education, real estate, white goods, pharma, steel, textiles and agro-products and include such eminent names as Bajaj Auto, Wockhardt, Videocon, Garware, Siemens, Nirlep, SkodaAuto India, RL Steels and many others.

     

    The book, which profiles 64 industrialists who have made major contributions to the spectacular growth story of Aurangabad, is priced at Rs3,000 and will be an immense value-add to any student, researcher or institution of industrial growth in India.

     

  • FDI in retail can bailout OOH industry: Nabendu Bhattacharyya

    By Nabendu Bhattacharya

     

    Key milestones for OOH Industry in 2011:

    • Due to service tax ruling the industry came together to discuss standard operating procedures for OOH industry in line with other industries.
    • Marketers demanded more efficiency in OOH planning, creative innovations and 2011 witnessed many innovations in various categories in OOH. We saw various formats introduced in line with the international OOH markets. Street furniture inDelhiand Mumbai put emphasis on format beautifications in terms of aesthetic structures of billboards.
    • We also saw a lot of entrepreneurs entering as OOH specialists; many of them emerged after breaking away from large agency specialists’ space.
    • I would call 2011 a year of growth. It may not have been a great year in terms of huge OOH advertising spends, but OOH stakeholders pursued other categories and managed to convince local clients in the city levels, and few categories even invested more namely, gems – jewellery, real estate, retail, media entertainment, automotive and FMCG.
    • Hence, in adverse conditions the industry grew because of a significant contribution from other advertising categories.

     

    Five trends to watch out for in 2012:

    • Industry codes of conduct will be effectively introduced in line with IBF and INS.
    • Clients will demand efficiency in the medium, hence OOH stakeholders need to get together to offer planning and research in OOH.
    • Small format mediums will be introduced in line to build government infrastructural projects by the authorities in line with other countries. The government will be more open to look at long-term tenders. Hence, international players may show interest in enteringIndia. The government will bring in greater control over the medium.
    • Technology and innovation will be demanded from agency specialists by marketers.
    • Industry will face a hard time due to the economic slowdown, hence new categories will emerge. If FDI gets through, retail will bail out the OOH industry in a large way.

     

    Nabendu Bhattacharyya is Founder and Managing Director, Milestone Brandcom.

     

  • Zarina Mehta quits Disney to ‘SHARE’

    Zarina Mehta

    By A Correspondent

     

    Zarina Mehta, the Chief Creative Officer of UTV Group of Channels at Walt Disney India, who led the creation and launch of popular TV brands such as UTV Bindass, UTV Stars and UTV Action has decided to move on from Disney-UTV after a 27-year-long stint.

     

    She sent a mail to her company’s employees informing them about the decision. She wrote: “After 27 years, I have decided that I need to move on from my beloved UTV.  It has given me such joy and fulfillment to create a vibrant, passionate, cutting edge company that believes passionately in creativity at its core. I have loved especially all the wonderful people I have worked with and the TV shows and brands I have helped create.”

     

    She will be moving on as a full-time Managing Trustee of the foundation SHARE (Society to Heal, Aid, Restore and Educate). The foundation is ten years old. “Our aim is to transform the lives of one million people in rural Maharashtra over the next seven (or so) years,” read the mail about what plans she has for the foundation.

     

    The decision wasn’t an easy for her, but the reason behind her move is her love for challenges: “Well its 27 years of doing the same thing. And much as I have loved it passionately I have felt the need to think about different challenges, to apply my mind and energy and passion to other problems.”

     

     

  • Mid-year Blues: Group M media spends forecast down from 12 to 6.6%

     

    By Johnson Napier

     

    The writing was on the wall and the signs apparent but perhaps one was hoping for the impossible to happen. After all, it’s optimism that drives any business activity. But if the revised growth numbers released by GroupM globally are anything to go by, we may all need to pray for some divine intervention this festive season.

     

    Titled ‘This Year, Next Year – India Media Forecasts: Midyear update ‘, the study released by GroupM has brought to the fore growth figures that several sectors will throw up in 2012 (see Tables titled  The Detailed Mid-Year Numbers at the end of this story) and not what was predicted of them at the start of the year (winter edition).

     

    To begin with, the overall growth figure that media will throw up in 2012 has been revised to Rs 355,917 million from the earlier Rs 373,975 million. With this change, the new growth number has been set at 6.6 per cent for CY2012 compared to 12 per cent that was set earlier. While the change is disturbing in nature, what has emerged a bigger shock is the sharp drop in revenue numbers estimated for the domain of television. From the original Rs 160,839mn that was forecast at the start of the year (winter forecast), the revised estimate now reads Rs 148,118mn (mid-year forecast) – an adjustment of nearly Rs 12,721mn or an 8 per cent decline (refer table). In fact, television is the only medium to have seen such a steep readjustment when compared to the other domains under media.

     

    Media (INR mn net) 2012 forecast (winter) 2012 forecast (mid-year) Difference (%)
    TV

    160,839

    148,118

    -8%

    Radio

    16,178

    15,887

    -1.79%

    Newspapers

    144,260

    139,681

    -3.17%

    Magazines

    8,241

    8,200

    -0.497%

    Cinema

    1,994

    1,994

    no change

    Outdoor

    18,409

    17,985

    -2.3%

    Retail

    4,364

    4,364

    no change

    Digital

    19,689

    19,689

    no change

    Media total

    373,975

    355,917

              -4.82%
    YoY % change  2012 forecast (winter)  2012 forecast (mid-year) Winter to mid-year YoY change%
    TV

    15

    5.6

    -62.66%

    Radio

    11

    9

    -18.18%

    Newspapers

    8

    5

    -37.5%

    Magazines

    0

    0

    0

    Cinema

    15

    15

    0

    Outdoor

    9

    6

    -33.33%

    Retail

    10

    10

    0

    Digital

    30

    30

    0

    Media total change

    12

    6.6

    -45%

     

    Vikram Sakhuja

    When asked on the reasons for the sharp decline that was observed for the domain of television and the impact of the drop on the industry, Vikram Sakhuja, CEO South Asia at GroupM said: “The decline from 12 to 6.6 per cent is primarily on account of the medium of television. We had expected the medium to grow by 4 per cent in the first half of 2012 while for the second half we had expected a growth of 27 per cent. So the two combined would have contributed an average growth of 12 per cent. We were expecting a low first half as there was no big sporting property like the ICC World Cup last year, and simultaneously expecting a good second half on account of T20 World Cup, The Olympics etc. But that has not been the case so far. Also, it will be inappropriate to say that there will not be good growth; there will be good growth in the second half but it will be lower than what we had anticipated. We are looking at a number of around 18-20 per cent for second half of 2012.”

     

    On his assessment for the industry for the second half of 2012, Sakhuja said: “We are looking at a revival sometime soon as the political situation in the country is expected to become better and the economy is expected to come up with measures to stem the downward slide.”

     

    Minor changes in print, radio & outdoor; others unchanged

    Meanwhile, newspapers see a revision of -3.7 per cent with the new figure standing at Rs 139,681 mn as against 144,260mn predicted earlier. Outdoor is next witnessing a change of -2.3 per cent to Rs 17,985mn as against Rs 18,409mn that was predicted in the earlier edition. Radio follows with a -1.79 per cent decline to display Rs 15,887mn as against Rs 16,178mn that was predicted earlier. On the other hand, Magazines sector has been revised by -0.497 per cent to Rs 8,200mn as against Rs 8,241mn predicted earlier. Cinema at Rs 1994mn, Retail at Rs 4,364mn and Digital at Rs 19,689mn remain unchanged from the previous released numbers.

     

    Explaining the rationale for the change, the study states: “While we expected first quarter of this year to be weak, we expected the economy and hence ad investment to strengthen after this. Ad investment actually remained weak throughout the first half thanks to macro-economic issues such as continued inflation, a weak Rupee and lack of movement in government policies. Elections are another source of additional advertising. However, since political spending limits per candidate have been applied more strictly, the spends were lower than might have been expected.”

     

    On the performances of other sectors, Sakhuja said: “We hadn’t expected a good growth for newspapers and magazines and that continues to report a single digit growth. The same is with radio and out-of-home that will report numbers as envisaged. But we had also expected digital to throw up a robust growth of 30 per cent and that continues to perform as expected. So that’s the situation on the other sectors according to our study.”

     

    When sliced further, the study depicts television as the medium most affected. The medium will witness a 5.6 per cent year-on-year change as against the 15 y-o-y that was predicted earlier. That puts it at the bottom three of the growth pyramid just next to magazines and newspapers. For the medium of television, the study states: “2011 had the cricket World Cup which attracted an incremental Rs 8,500mn. This was obviously expected to drop out in 2012, but April-May IPL cricket did not perform as strongly as previously to compensate. In addition, the Telecom category cut down spends substantially in the first half of the year. Financial services have been adversely affected by poorer economic conditions here as elsewhere in the world. Even consumer durables spent less in the first half of 2012 than the prior year period. Occupancy of premium inventory has decreased with advertisers choosing to stay with safer tried-and-tested formats.”

     

    As for print, newspapers have been set to register a 5 per cent growth as against 8 per cent predicted in the previous edition. According to the study, “Regional publications have expanded into new markets and have actively developed local advertisers largely in the retail categories. They have therefore added some ad volume even though the larger national advertiser categories have reduced investment.”

     

    Where the domain of Outdoor is concerned, the new growth number has been pegged at 6 percent from the earlier 9 percent. “Reduced consumer demand and the current global turmoil have caused 2012 budget reductions in categories including telecom; automotive; banking, financial services and insurance (BFSI); real estate; and FMCG vis-a-vis 2011. The trend began in 2011 and continued into the first quarter of 2012, which is considered to be seasonally very important for BFSI. In the first half of 2012, there has however been increased investment from the entertainment and media category,” notes the study. Adding further, the study notes: “The reduction is affecting the metro markets but not the non-metros and smaller towns, where demand from local advertisers in a few categories like jewellery, apparel, education, real estate and construction has offset  the withdrawal of national activity. Smaller towns are actually seeing ad demand rise as much as 25 per cent.”

     

    Radio has been revised to 9 per cent from the earlier 11 per cent. States the study: “Radio’s first-half slowdown is another result in part of the poorer economic situation. The next round of FM auctions has been pushed to 2013, so delaying this uplift to next year. Individual markets have seen very varied demand according to local retail conditions.”

     

    The study predicts Digital to remain unchanged since the last forecast. Given that it typically has smaller outlays and is very response-based, it has not been affected like other media, it states. Similarly, Retail Media & Cinema are also performing as expected. “Even though telecom advertising fell in the first half, categories like FMCG and durables have risen in these media. As previously envisaged, destinations in smaller markets have experienced raised demand of about 10 per cent. Leisure destinations have also expanded their presence in these smaller markets that has helped drive spends,” notes the study.

     

    Blast from the past?

    While 2012 is being compared to the slowdown of 2008-09, it has to be admitted that the current period does get to see few glimpses from the past. Answering the query, Sakhuja reasoned: “Similarities could be somewhat drawn to the growth story of 2008-09 because the core economic sentiment at that time was based almost entirely on the global downturn whereas for 2012, if I have to put a weightage to it, the negative sentiment is driven a little bit more by the inaction from the government’s end rather than the global downturn. So we have our own internal issues to sort out and not so much of an outside effect that is holding us from staging a good growth for the industry.”

     

    Highlighting the trend spotted worldwide, especially the BRIC countries, the study notes: “The Brics and ‘Next 10’ (that’s the Next 11 minus Iran) are still expected to contribute 51% of global ad growth in 2012, down from 53% in the winter forecast. We have revised China growth down from 17% to 13% for 2012. We attribute this to general headwinds in the economy, with loss of consumer confidence having only a slight effect. This represents a $2bn reduction in expected ad investment, taking 0.4 of a point from global growth. Falling global and local sentiment has hit India and Brazil forecasts much harder, relatively speaking. These two ad economies are together only a third the size of China’s, but they shed $1.5 bn from their expected 2012 increment. The Russia forecast for 2012 is raised from 10 to 12%.”

     

    Note: All numbers are net advertising revenues not inclusive of agency commissions. Hence they reflect what media owners have earned and not what advertisers have spent

     

    MxMIndia quizzed a few honchos from different sectors to gather their opinion on what the change would mean for the industry. And the reaction was on expected lines…

     

    Tarun Katial, CEO, Reliance Broadcast Network

    “There is a slowdown, but it is better than the last one we saw! The signs in fact, have been there from the last quarter of 2011 so most of the industry has been cautious in spends and projections. Having said that, there is optimism looking forward, because typically the second half of year sees spending leapfrog.”

    Prashant Panday, CEO – Radio Mirchi

    “I think the adjustment downward is correct. The Indian economy is in quite a bit of a slowdown, the interest rates are high, inflation is high and investments are coming down. Commodity prices drove client profitability downwards. Not surprising then that clients have been cautious on advertising spending. The advertising markets are shaky at the moment and any upturn is expected only during the Diwali season starting October this year. It can also start early if the government initiates positive decision making. Allowing FDI in multi-brand retail, increasing FDI limits in Banking and Insurance, successfully auctioning 2G telecom licenses and quickly rolling out Phase-3 of FM will all help in bringing cheer to the advertising businesses. The first quarter has been a tough quarter for most media companies. The few results announced so far are evidence of that. But don’t forget that this is a traditionally weaker half. So media companies should be expected to fare poorly…..like I said the recovery can happen from October this year…”

    Suresh Srinivasan, Vice President (Advt), The Hindu group

    “The first quarter of the year has been good for us however in the last month the numbers have not been so encouraging. Things are not looking too good and the numbers are less than our expectation. However, I would not term a short period of lull as defining the year as there are opportunities ahead. With festive season one definitely hopes that things would turn for the better. I think India remains largely unaffected by the global slowdown and we still see new launches happening in the market and people still spending on shopping. We have seen particularly less spending from BFSI sector, education and retail who traditionally have been big investors.”

    Shailesh Amonkar, CMO – Sakal group

    “We are more or less following the trend that’s been witnessed by the industry, which has been recording slow growth in the past few months. Going by our experiences, we feel Retail & Corporate are categories that have bought us some good growth but categories like Education which used to get us good numbers earlier has seen a decline. Even categories like Real Estate and Finance have been sluggish this year. We are looking at other alternatives like innovations, supplements etc and are partnering with clients across the verticals like digital, newspapers, activations etc to ensure that we generate whatever revenues through such ventures. We hope to see a revival by end of August and start of September – around the festival season. Things should be looking up during the next three-four months for the industry as it happens every year. But then again, this too will be dependent on factors such as good monsoons, inflation, fuel prices etc that will decide whether investments will come in or whether clients will be cautious in their ad spends.”

    Atul Hegde, CEO – Ignitee

    “I definitely foresee Digital throwing up a 25-30 per cent growth this year compared to the last year. I do not anticipate any situation that will lead us to downgrade the growth of this medium. In fact if one were to analyse the earlier slowdown period, a lot of expensive money from the mediums of television and print came to digital; this will be a trend that one will get to witness whenever there is a recession. Clients will want to invest in a medium that is more accountable, has very little wastage, where they do not need large investments…Also, what will happen is clients are going to be very selective about the markets that they advertise in; it’s not going to be blanket advertising everywhere. Digital will help them pinpoint that.Within digital, you will see social media driving the growth more than anyone else. Search will be the biggest focus area for clients as they are more targeted and one-to-one. Even channels like Youtube etc will add to the growth of this medium. So the medium will put up growth as expected. After all, the medium has gathered momentum after 7-8 years and large brands have seen the value that the medium brings to their brands. So it is going to be a good ride ahead for the digital medium.”

    With inputs from Tuhina Anand and Meghna Sharma

     


     The Detailed Mid-Year Numbers

     

  • WATBlog announces CMO conference

    By A Correspondent

     

    With an aim to give marketing professionals key insights into digital media, WATBlog announced the Digital CMO Conference. The event will have top CMOs of the country come together to showcase case-studies that have witnessed ground breaking success in digital media. The conference will be held on August 31 in Mumbai.

     

    WATBlog’s Digital CMO conference will showcase insightful presentations by the biggest brands that have emerged as the thought leaders in the digital media space. The conference will cover all aspects of digital marketing, including the role of social media in Customer Service and how the digital platform can help build brand reputation. The delegates expected to attend the conference would be a mix of CEOs, entrepreneurs and marketing professionals.

     

    “Digital marketing in India has gained significant momentum over the past year. A lot of brands are now looking at social media as an integral part of their marketing mix. We have organized the Digital CMO Conference to help these brands understand the best practices and soak up valuable insights from those who have run successful campaigns in the digital space” said Rajiv Dingra, Founder and CEO, WATMedia.

     

    Key speakers at WATBlog Digital Marketing CMO conference will be: Krishnakumar P, Executive Director, Marketing, DELL; Virginia Sharma, Chief Marketing Officer, IBM; Kavita Joshi, Head of Digital Marketing, HDFC Bank; Arun Nair, Head – Digital Marketing, Mahindra Holidays & Resorts; Dharini Mishra, Global Head of Brand, Suzlon Group

     

     

  • Crazeal enters cinemas for experiential marketing

    By A Correspondent

     

    Ankur Warikoo

    Crazeal.com ( India unit of Groupon Inc.US), a daily deals website has partnered with multiple cinema houses across India. The aim and objective is to offer a unique movie watching experience to Crazeal customers. The deal offered 50 per cent discount on the tickets along with a private screening to showcase Crazeal’s ‘Who Can Resist?’ campaign.

     

    Crazeal has rolled out a nationwide experiential marketing campaign to connect with consumers. The daily deals website partnered with multiple cinemas across nine cities (Delhi, Mumbai, Bangalore, Kolkata, Hyderabad, Chennai, Jaipur, Chandigarh and Pune) for a special screening of the movie Batman – The Dark Knight Rises. Over 3,500 tickets were said to have been sold in just under 30 hours.

     

    To buy this deal, Crazeal subscribers had to log on to the site, buy the deal and the tickets were delivered at their doorstep. Besides the screening, the Crazeal team were said to have interacted with the consumers. Each individual who came for the screening is said to have received a memento. Multiple on-ground touch-points were also created to increase brand presence and engage with customers.

     

    Launched in April 2011, Crazeal.com was formerly called SoSasta.com. On November 2011, SoSasta was rebranded to Crazeal.com because the name SoSasta did not have a positive connotation with their high quality merchants.

     

    In conversation with MxMIndia, Mr Ankur Warikoo, CEO, Crazeal said: “During the month of November 2011, we went into a rebranding exercise very early into our lifecycle and we called ourselves Crazeal.com which is short for crazy deal. We wanted to position ourselves as a great site which had fantastic discounts and crazy deals, but at the same time never compromising on the quality of the deals.”

     

    The business model of Crazeal is purely based on transaction wherein it first provides free of cost visibility to its merchants on the Crazeal website for one day. In return Crazeal asks the company (or merchant) to create a good package for its customers. For instance, it could be a five star hotel offering a certain amount of discount for a buffet, which the daily deals website then displays on its website as ‘deal of the day’.

     

    Once the deal is up and live, it is followed up by sending newsletters and SMSes to all Crazeal subscribers. Thus only after a customer buys a deal online is Crazeal paid its marketing monies. “We don’t make any money before the merchant makes money, but at the same time we are putting our entire resources right from creation of the deal, to imaging, and how it is marketed and so on. We, therefore, make our money only once our deal is sold,” he explained.

     

    By the end of December, Crazeal is expected to launch its mobile app for consumption, according to Mr Warikoo, the time is right for India to experience mobile transaction. “Time is right for India to experience mobile. By the end of December, India should see the GroupOn Crazeal mobile apps being launched for consumption. In the US, for instance, mobile already accounts to almost 20 per cent of transactions a month. In India already without a mobile application or without a mobile friendly site, 5 per cent of our transactions are already happening through our mobile phones. India is seeing 3G users increasing day by day, so it is just a matter of time before we have that app which is already in our radar and we are working towards it.”

     

    Crazeal is said to be a business which is currently focused on three categories, namely local services, product categories and travel. The local services include the best hotels and restaurants in the city, the best spa, and so on. Within the local services, food and beverages category dominate and accounts for nearly 55 per cent to 60 per cent of the overall revenue generated. Local services therefore account for almost 40 per cent of its business; product category accounts for similar share and the rest is taken by travel.

     

  • Why CMOs needn’t feel guilty about going for Cannes Lions

    By Delshad Irani

     

    What does a chief marketing officer of a very large global company do when he wants to be proficient in Twitter? He asks the CEO of Twitter, Dick Costolo to provide the best resource they possess for an intensive reverse mentoring session. According to Antonio Lucio, global chief marketing, strategy and development officer, Visa, it is critically important for him as the head of a global marketing organisation to be an expert on social media and be able to build the Visa brand on platforms like Twitter and Facebook.

     

    Interestingly, he has been a marketer for over 30 years and it is his first time at Cannes Lions International Festival of Creativity and the first time Visa has attended the festival as a company. The question then is why now? For starters, digital media has changed the rules of engagement. However, the cases of truly successful integration and application of digital media are few and generally set on loop. “The fact is that when people talk about social they keep using the same concepts and best cases, for instance, the Old Spice campaign. This means that there really isn’t a clearly articulated model,” said Mr Lucio.

     

    So clients like him attend festivals like the Cannes Lions to spot inspiring ideas, particularly in the digital, social and mobile and media worlds. Reasonable grounds for marketers to attend with teams of 5 to 15 senior management level employees.

     

    But, it wasn’t too long ago when if you were a client and you said you want to go to Cannes for the ad festival you might not have got permission from management to do so. However, it is due to the efforts of a few that has led to the institutionalisation of the client’s side of Cannes. Marketers like Mr Lucio can come with midsize teams and it’s no longer considered an indulgence. P&G, Unilever, Coca-Cola, Pepsi, Heineken, Kraft, GM, McDonald’s and Mars, among others are just a few of the big global marketers who were present at the 2012 Cannes Lions.

     

    Some have been attending longer than others. Like Joseph Tripodi, executive vice president and chief marketing and commercial officer, The Coca-Cola Company, who is particularly impressed with the attention the festival is receiving from media owners like Time Warner, in addition to growing participation numbers from clients as well as delegates from agencies. Keith Weed of Unilever, who has come to Cannes three years in a row and has been CMO for as many years said: “We have 15 people here this year and we do a combination of workshops, meeting our agency partners and recognising and acknowledging that creativity is great. In a cluttered media world, we need creativity to cut through.”

     

    So apart from networking and opportunities to meet all their concerned parties, old and some new, in the same place, at the same time, these marketers are on the look out for inspiring work from across the world. And set creative benchmarks wherever possible. According to Cyril Charzat, senior global brand director, Heineken: “It’s very much about stimulating our marketing people to be stronger when they evaluate work from creative agencies; to define what is progressive and inventive. Our key message is to stimulate inventiveness and that’s what we try to do.” And Cannes is a part of that story.

     

    On the Indian front, however, it is not yet a vital chapter. And Cannes remains the exclusive domain of adwallahs, with a light sprinkling of some regular clients like Mr Kakar of Aditya Birla Group, who has been attending the festival for over half a decade. Then there are first-timers like Mahindra & Mahindra. The company wanted to test French waters and therefore Vivek Nayer the company’s VP-marketing for the auto division attended the festival. But he left a tad disappointed and overwhelmed by the creative clutter. Other Indian marketers in attendance were Parle Agro (with Nadia Chauhan also a jury member), Dabur and Flipkart. Clearly, Indian marketers are grappling with the big question – to attend or not to attend? Meanwhile, clients from markets on our left and right, up and down, are strategising on ways to find the best creative result during the seven days spent in the Cote d’Azur.

     

    However, the challenge for most is to put all that inspiring work to actual use. And here’s how some intend to do it. “We are not going to come in like the advertising people who get inspiration and go back home to figure it out. We will have a very structured approach with sessions of inspiration followed by sessions of perspiration, daily.

     

    It’s my responsibility during the week to ensure that Cannes becomes a truly business building program for us,” said Mr Lucio of Visa. In other words, for marketers to take Cannes Lions International Festival of Creativity seriously there must be “enough perspiration to pay for the inspiration.”

     

    Fair enough.

     

    Source: The Economic Times

    Copyright © 2012, Bennett, Coleman & Co. Ltd. All Rights Reserved

  • Our battle is to out-think TOI: Meenal Baghel

     

    Meenal Baghel is the founder and Editor-in-Chief of Mirror, the nation’s most sprightly newspaper. Mumbai Mirror was launched seven years ago, and today the paper has editions in Pune, Bangalore and Ahmedabad. A part of the Times group, Mumbai Mirror boasts of a fantastic circulation of nearly 600,000 copies, and it’s become the city’s favourite compact paper.

     

    Meenal relives the journey with us, and speaks candidly about the many challenges she’s faced along the way. We also discuss her first book, ‘Death in Mumbai’, which received wide critical acclaim.

     

    I did a stint with Mumbai Mirror some years ago, and this gave me a chance to watch her in action. Meenal can be a demanding editor, she can be impatient, she can be tough. While these qualities don’t endear her to some, they have played a huge part in her success. I have to say she’s the most passionate editor I have worked with.

     

    By Anil Thakraney

     

    It’s been seven years editing Mirror. How’s the journey been? Tell me the highs and the lows.

    The high obviously has been to see the paper become an important part of Bombay. We have been successful in forging an emotional connect with the readers, which is very important. We get an enormous number of people calling in with stories. And we’ve routinely broken a lot of stories, so those are the big highs. The low is that the paper is still a bit inconsistent. You know, when we started the paper, it used to be called Mumbai Error. I wish we had a cleaner start in terms of the paper being more finished. But it’s been a sort of work in progress. We have learnt a number of journalistic lessons along the way because the market has changed, the reader has changed. For instance, when we were at Mid-Day, you could get away with a lot of things. But in this day and age, you can’t.

     

    Give me an example

    Like sometimes when, just to break the monotony, you put an entertainment story on the front page, there is a backlash. People now expect a more serious newspaper, it’s something different from what I had envisaged. But that’s also because there’s so much of entertainment everywhere that people don’t want more of it.

     

    One story you regret

    We ran the FIR of the TISS girl who was raped. That was a mistake. Because the details in the FIR were very graphic on what had transpired. And you realize that you may have ended up titillating. I regret that story, we got terrible feedback for it and we apologized for it.

     

    “I don’t think journalism offers enough challenges to the really bright people any longer.”

    I still see a number of typos in Mirror. Is this an un-lickable problem?

    I think there is a very real problem with journalism today, and it’s not only limited to Mirror. The problem is that the deskies is a disappearing breed. And it’s going to be a big challenge over the next few years. Also, there are very real problems we are facing, and these are going to change the profession drastically. It’s so rare to find people who want to come into journalism because they want to be journalists. For example, when you ask people, ‘Who edited this copy?’. Invariably the response will be: ‘I looked at it/I glanced at it/I skimmed through it.’ Another thing is I don’t think journalism offers enough challenges to the really bright people any longer. There is an attrition problem across aboard. People want to try out various things. When you and I were growing up, it was about sticking to a profession, a career path, and that no longer holds true. People now have the advantage of taking breaks, taking gap years, studying, etc. The journalism hours don’t allow too much of a personal life. And I think HR, owners, publishers, editors need to take all these things into account.

     

    Is the passion for journalism diminishing in young India?

    I think the important thing now is personal growth and personal life. That has taken precedence over wanting to change the country.

     

    What was Vineet Jain’s brief to you when you signed up for Mirror?

    His brief was very clear. He said it should be a smart paper and that it should be different from the Times of India. And because it’s a compact size, there are elements of a tabloid that you can incorporate. In fact, when we started the paper, there were a lot of conflicting opinions, so I was a little tentative in the beginning. And then one day he called me and asked why was I so tentative. He said, “I have given you this brief, just stick to it. And don’t be apologetic about it.” So that was wonderful.

     

    You think this country is ready for a Brit style tabloid?

    No. Though it’s very interesting because everybody is trying to incorporate the tabloid elements, but you can’t be openly unabashed about it. We are not ready for it. For instance, look at the responses Dr Vatsa’s column gets.

     

    Guess it’s a tightrope walk. You want to be tabloidy, and still have to be aware the nation isn’t ready

    Yes. Sometimes in the newsroom we think we can do a story, but when we see the backlash the next day, we start being more careful by censoring ourselves.

     

    And the problem is if you play safe and cut down on controversy, you get dangerously close to the TOI

    Yes. So what we try and do is this: I always say our competition is the Times of India. Because we go with the TOI. Now the TOI has massive width, they do like sixty stories at an average. So our battle is to out-think the TOI, in the sense that ‘this is what they will do, so let’s do something different’. We can get away with some naughty things that they can’t.

     

    Lots of court cases?

    Actually they’ve come down, ever since we’ve become safer. (Smiles.) But there’s also a lot of frivolous litigation, which is easily dealt with.

     

    More editions in the offing?

    At the moment, no.

     

    And for Mumbai Mirror, are you still as hands-on as ever?

    See, I am out for lunch with you! (Laughs) But yes, I like being hands-on. There are times when I can breathe down people’s necks. But I am trying to back off a little now that we have a very competent senior team. I also realize that people should be given more space, but it’s difficult. (Laughs.)

     

    “The TOI has lots of products that come with it, but everyone doesn’t necessarily read all of them, right?”

    Meenal, the perception is that Mirror benefits a lot from being the TOI’s free paper. Without that advantage, your circulation would be nowhere close.

    I am lucky and I won’t question my luck. We have a great readership, thanks to the TOI. But then you have to capitalize on that luck, you still have to deliver a good product. The TOI has lots of products that come with it, but everyone doesn’t necessarily read all of them, right?

     

    If you were a standalone paper, how much circulation do you think you’d lose?

    I guess we’d retain 60%. Because Mirror has become a genuine commuter’s paper. You have to travel in the train to see how many people carry it. It started off as a guilty pleasure, which people didn’t want to acknowledge they were reading, but they were all reading. But over time it has also become a lively paper. And that can’t be said about too many other papers in town. And people like that.

     

    Would you say Mid-Day was your training ground?

    Absolutely. I had always worked with broadsheets before that – Pioneer, Asian Age and The Indian Express. So when I joined Mid-Day, for a while it was like, where the hell have I landed? This is not how journalism is done. For the first six months I had no idea what I was doing. But I was in a senior job and I was getting paid an X amount, and I must tell you I HATE giving up. And then one day I went for a walk and said to myself the paper won’t change because of me, there was a reason why this paper was so beloved in Bombay. And that was the Eureka moment for me. I decided to try and understand it rather than look down upon it. And that changed things. I must say I learnt a lot from Aakar Patel (the then editor of Mid-Day). I learnt a lot from what the paper did on Page 1 and on headlining.

     

    One Indian print editor you most admire.

    I owe everything I learnt in journalism to MJ Akbar. About writing, about making pages, about what not to do, etc.

     

    It’s been seven years at Mirror. Don’t you feel the itch? Isn’t it tiring to do the same thing day in and day out?

    I keep wondering why nobody else offers me a job! I am joking, of course. Which is why doing the book was wonderful for me. It gave me a chance to step back and follow a story that had been fascinating me. And it was extended journalism. I have always felt when the number of days you feel bad about what you do exceeds the number of days you feel good, you should quit. I haven’t reached there. And there’s always something exciting happening.

     

    Being a hard-edged journalist, how do you reconcile with something like Medianet?

    That’s easy, because we don’t have Medianet in Mirror.

     

    But it’s there in your group.

    It doesn’t affect my life, so I don’t care about it.

     

    You aren’t asked to carry plugs?

    No. And it’s one of the things that has pleasantly surprised me. They have maintained the Chinese wall from the start.

     

    They have left you alone?

    Yes. And there’s another reason. Mirror is a small paper in the group, so it’s not necessarily the focus. We are a small cog in comparison.

     

    Have you ever been asked to drop a story?

    (Pauses) Not drop a story. I think what one learns over a period of time is that you have to pick your battles. I’ll give you an example: If there’s an entertainment story which is coming right ahead of the Filmfare awards, where somebody is going to be performing, and I have a damaging story on that person, would I delay it by a few days? Yes, I would.

     

    There used to be intense rivalry between the Independent and the TOI. Is it the same with you?

    Not rivalry, but there is great competition. When the TOI does something, and we’ve missed it, I give my reporters hell. And I am sure JoJo (Jaideep Bose) does the same when we get something.

     

    “Mid-Day killed itself. And I feel really bad. I feel bad that what was such a robust paper is no longer that.”

    You’ve pretty much killed Mid-Day. Feels good?

    The paper killed itself. And I feel really bad. I feel bad that what was such a robust paper is no longer that. We all worked very hard out there. We worked our asses off at Mid-Day and we used to take great pride in the paper being so robust, that it was second only to the TOI.

     

    What would you do if you were editing Mid-Day today?

    I’ll bring in more energy. What’s going for Mirror despite the inconsistency is that it’s never dull. And dullness in journalism is a cardinal error. Especially if you are a tabloid.

     

    Let’s shift to your book, ‘Death in Mumbai’. Does Meenal think Maria Susairaj got away lightly?

    I must tell you I ended up liking her quite a bit. I feel that she is a manipulative woman and that she may be a tease. But that’s not a crime, there are a lot of women like that out there. Did she kill or abet the killing? I don’t think so. She was in love with Emile Jerome, she really wanted to marry him. But he wasn’t committing to her. When he killed this guy, it was, in her mind, like his commitment to her.

     

    When you started writing, was there something you had decided you won’t do in the book?

    The only thing I told myself is to not be judgmental. Because someone else’s idea of morality could be different from mine. Like, I started out with a certain view of Maria but it became something else.

     

    In fact, that was the only criticism I read about the book. As a journalist, readers expected you give us your own view. Perhaps as the epilogue.

    There were genuine difficulties. Something happened in a room where there were only three people. One guy is dead and two are in jail. There is only so much information I had. And I genuinely did not want to play judge.

     

    You have always kept a very low profile. Marketing the book must have been tough.

    (Laughs.) It was! It was terrible. The only time you would see me on television was on things that were related to the book. Otherwise I wouldn’t be caught dead going on TV.

     

    Any more books coming up?

    I would like to write more books, but I love this job too much. Ideally I’d like to do both. But I haven’t thought of another subject so far. Might be interesting to write fiction.

     

    Would you like to edit the TOI?

    No. I think it would be fun to edit a broadsheet, but I don’t think I am ready to edit the Times. It’s the biggest paper in the country, it requires a greater understanding of business, politics… and I don’t think I am ready for it. Also, it requires certain people skills which I perhaps don’t have.

     

    Don’t rate yourself high on people skills?

    I think I am very good. But I need to be more patient. I can be impatient and that’s a serious shortcoming.

     

    You are 43. Don’t want to marry?

    It’s too late now (Laughs).

     

    Is it important to be single to edit a high pressure daily? Is it a price one pays?

    Sure. It’s a price a lot of women, more than men, have to pay for any high pressure job. It’s unfortunate, but it’s a fact. I may have been married, but it would have been very difficult with children.

     

    Photographs: Fotocorp