Category: NEWS

  • Cyriac Mathew turns entrepreneur, launches ‘Media Accelerate’

    By A Correspondent

     

    Former Mid-Day Chief Operating Officer and Publisher Cyriac Mathew has turned entrepreneur and founded Media Accelerate, a boutique business consultancy that will advise media houses and allied businesses in enhancing reach, revenue and ROI.

     

    Mr Mathew and team will work with media organizations to bring down publishing expenses as well as collaborate to bring printing contracts to utilize non-prime time printing slots. In addition to revenue generation across the big cities, one of the services it plans to offer is offer consultancyin launching publications including title clearance, recruitment and various launch events.

     

  • Flipkart buys Myntra. Finally!

     

    By Archana Rai

     

    So, finally Flipkart has bought Myntra, exposing an open secret and sending a not-so-subtle message-to rival Amazon. Despite loud protestations, it is quite clear that the investors, three of whom own shares in both companies, played a big role in seeing this deal through. Bringing together India’s largest online retailer and the country’s hippest fashion portal makes financial sense for the investors, and also strategic sense. The hard part is going to begin now.

     

     

    Flipkart-Myntra deal: The anticipated FDI in e-retail a big driver

     

    By Mehak Chawla

     

    The Indian e-commerce industry has fared pretty well, especially if we consider that there are only about 200 million internet users in India. This number could grow to 500 million by 2015, according to consulting firm McKinsey & Co.

     

    The size of India’s e-commerce market in 2013 was around $13 billion, according to a joint report of KPMG and Internet and Mobile Association of India (IAMAI). The online travel segment contributed over 70 per cent of the total consumer e-commerce transactions last year.

     

    Online retail companies earned revenues of around 139 billion rupees ($2.24 billion) in the financial year that ended on March 31, 2013, according to a Crisil report. Though this is just 0.5 per cent of the total revenues of brick-and-mortar retail companies, online retail sales have been growing much faster. Revenue of e-commerce firms grew by 56 per cent annually between the financial year that ended March 31, 2008, and the year ended March 31, 2013, according to Crisil.

     

    The pressures on e-commerce companies have long been known, be it cost competition with brick and mortar retail or the first mover advantage. And while the Flipkart-Myntra acquisition is surely a step to combat Amazon, the looming FDI regulation could also be a big factor in this deal. Once the 100 per cent FDI in e-commerce comes in, big retailers like Amazon and eBay will be able to follow an inventory-based model, as against the marketplace model they are currently bound to follow.

     

    Currently, global B2C e-commerce firms like Amazon and eBay operate in India as online marketplaces. In this model, these companies do not own any inventory and do not sell any of their own merchandise to Indian shoppers. They offer products from third-party sellers. This model can completely upturn if the 100% FDI in e-retail is to come in. Indigenous products from the likes of Amazon and Walmart (and their own inventories) can change the dynamics of the Indian e-commerce industry like never before. No wonder then, that the home-grown players like Flipkart are upping their ante.

     

    Though the stand of the Modi led government on 100% FDI in retail, especially in e-retail is not yet very clear, chances are that the regulation will go through. According to Vishal Tripathi, Principal Research Analyst, Gartner India, chances are that FDI in e-retail will happen. “Even if they don’t allow 100% FDI investment in retail immediately, chances are they will make the retail environment (including online retail) friendlier. NDA has always leaned towards private enterprises and they are likely to bring business savvy regulations.”

     

    The pressure on the government to pass this regulation is also high with the likes of Walmart lobbying for it and UK based Tesco showing a keen interest in entering the Indian e-commerce space.

     

    When 100 per cent FDI in (online) retail does come in, chances are that we shall see a lot more consolidation happening in the e-commerce space, believes Tripathi. Given the fact that global brands will intensify the competition in an already fiercely competitive e-commerce space, desi ventures are likely to start rolling up their sleeves.

     

    Other than the FDI in retail segment consideration, there are of course other elements that both Flipkart and Myntra were dealing with. The biggest of them being the cost considerations. According to market sources, Flipkart is losing close to Rs 70 crore a month. Myntra on the other hand, is fast losing market as well as mind share to the likes of Jabong.

     

    As a result, the deal seems like a win-win for both the parties because they have several synergies in their processes (and investors) that they can exploit for innovation. “The e-commerce market will be eventually decided by the customer experience. And Flipkart and Myntra have a lot to do in that regard in order to match up to the Amazon experience,” says Tripathi.

     

    Source:The Economic Times

    Copyright © 2014, Bennett, Coleman & Co. Ltd. All Rights Reserved

    Licensed to republish

     

    Instead of Flipkart and Myntra burning more cash to battle each other and the rest of the lot in the crowded online retail industry, investors now have the comfort of knowing their money will be used to fight the real challenger- Amazon-whose founder Jeff Bezos views India as a key market where he is willing to commit considerable sums of money from his considerably large war chest.

     

    Myntra, which informed observers estimate has been valued at around $370 million, is a strategic fit for Flipkart. As fashion becomes the premier battleground for online portals in India, Myntra with its higher margins from branded apparel, will help bolster Flipkart’s defences.

     

    With a product mix dominated by electronics, books and low-cost apparel, the seven year-old company founded by IIT-Delhi graduates Sachin Bansal and Binny Bansal has demonstrated that it is willing to think different and think big.

     

    Even as talks with Myntra’s Mukesh Bansal started and stalled in recent months, Flipkart has been busy. Inhouse logistics arm eKart now delivers products sold by rivals, while payment gateway PayZippy is being nurtured as a separate business, the first of several technology products the company says it will build.

     

    But these are just good beginnings. So far, Flipkart’s Bansals, who hope to sell everything apart from cars and groceries, have wooed customers with steep discounts that have coloured their books red. To grow faster, they need higher margins that are delivered mostly by products designed in-house.

     

    Myntra will help with its portfolio of private label apparel that enjoy margins of up to 60%, but Flipkart needs more such arrows in its quiver. Private label electronics-as Kindle has done for Amazon-can boost notoriously low margins in the segment. They can also do well by scouting for ideas and products in India’s technology startup space that is throwing up innovations ranging from wearable devices to technology that can automate warehouses and help customers get a feel of the clothes displayed on their portal.

     

    More boldness has to be the calling card for the Bansals, who claim to draw inspiration from Jack Ma’s Alibaba, as they take on Bezos’s challenge on their home turf. Investors who have sunk money into this battle and are banking on Sachin Bansal’s famed “cool temperament” to see them through, will need to ensure he has enough motivation to invest skin in the game.

     

    Bezos owns nearly 18% of Amazon, while Ma’s 8.9% in Alibaba is set to deliver a fortune to the Chinese entrepreneur who has built an empire that spans the gamut from a wholesale portal to an investment platform for online shoppers Flipkart’s Bansals are estimated to together own about a fifth of their company that is now valued at about $ 2.5 billion. With Myntra in the fold, surely they have much to do battle for.

     

    Source:The Economic Times

    Copyright © 2014, Bennett, Coleman & Co. Ltd. All Rights Reserved

    Licensed to republish

     

  • How advertising helped Modi get on road to PM

     

    By Shobhana Nair

     

    It’s a campaign that’s sure to enter India’s advertising hall of fame. A blitzkrieg that marketing boys from across the country are drooling over. The advertising mania around Brand Modi began a few months ago in right earnest. The seeds had been sown by way of a belligerent presence on the social media ended on the counting day.

     

    Piyush Pandey

    While the victory of Prime Minister-designate Narendra Modi has been attributed to many factors, one can’t overlook the advertising muscle put behind promoting a great brand. As Piyush Pandey, Executive Chairman and Creative Director for Ogilvy & Mather India and South Asia says, “You can only position and market something which is good and based on what the product is all about. Nobody has ever been able to sell a bad product. Nobody can as people are not stupid. So a good product is presented with its attributes and the marketing of the brand which was done by Soho Square is only a presentation of what is good in its intrinsic value.” A team of 25-odd creatives, planners and account management were working round the clock for three months in Mumbai and Delhi on the job. Soho Square, a part WPP’s Ogilvy & Mather India, bagged the account after nine rounds of pitching.  “The brief was to firstly, address the common man’s key issues through a comprehensive agenda and secondly, project Mr Modi as the next PM this country deserves,” shares Anuraag Khandelwal, Executive Creative Director and Creative Head, Soho Square, Mumbai.

     

    Ad campaigns like Abki Baar Modi Sarkar, Janata Maaf Nahin Karegi and Achche Din Aane Waale Hain were able to convey both – the current sentiment of the country and the BJP mandate – powerfully and effectively.

     

    Prasoon Joshi

    There was also Prasoon Joshi and his team from McCann’s TAG too who were involved to articulate the philosophical aspect of the party. Desh Ki Pukaar, Modi Sarkaar and Desh Nahi Jhugne Doonga were some of the campaigns which Joshi was involved in. “It is very important to know what your product has to offer and what people need. Only then will it resonate with the people. One of my biggest learning is that you need to have a right product, the right ingredients and you can’t confuse people with 10 things.”

     

    “Modi was portrayed as a single-minded person of the party with one single mandate. There has to be clarity of focus & product has to be superior. A great campaign in isolation will not work,” says Joshi.

     

    Ask the brand gurus on why the campaigns worked in favour of Modi and here comes the reply. Jagdeep Kapoor, Brand Guru & CMD, Samsika Marketing feels that the communication and advertising was simply strategic. “It entered the minds and heart, but more important was the great performance of Brand Modi over the decade, which helped them communicate.”

     

    Harish Bijoor

    Well-known brand expert and CEO, Harish Bijoor Consults Inc gives a thumbs up to Modi’s marketing, “Modi is the ultimate political marketer. He had able support, and he was decisive in the way he managed his campaign. His campaign was a 360-degree campaign that had everyone else watching with awe. The best of product marketing gyaan was brought into this campaign. And it worked. Modi is a product. And this product promised what the people wanted. And in him people saw a strong and decisive leader, someone who was an anti-thesis of sorts to the persona India was used to in the past decade with Manmohan Singh at the helm of affairs.”

     

    The media buying and planning was handled by Sam Balsara’s Madison World and he admits that a campaign as large as this came with its set of challenges. “Outdoor in UP posed huge challenges because of unfair play by the ruling party in granting permissions for putting up hoardings. The other challenge was negotiations with media, some of whom artificially inflated their rates for political campaigns! Random numbers floating around in the media of the budget of our campaign made our task more difficult.”

     

    While it may appear to have been all hunky-dory as one looks back at the BJP’s advertising campaign, Piyush Pandey adds: “No brand is built in a few months; a brand is built over a period of time. What Narendra Modi has done in the last 10 years has been valuable to him.”

     

    Pandey also hastens to add that good advertising wasn’t the only reason for the Modi’s success. “No election is ever won or lost because of advertising. Advertising is only an element. Advertising only presents it. With a great product, I can do great marketing.”  Indeed.

     

  • Orchard wins mandate to promote ‘Meelo Evaru Koteeshwaru’ on MAA TV

    By A Correspondent

     

    Orchard Advertising has been assigned the mandate of promoting the launch of Meelo Evaru Koteeshwaru, the Telugu version of Kaun Banega Crorepati on Telugu entertainment channel MAA Television Network Limited. Going on air from mid-June 2014 and hosted by South Superstar Nagarjuna, MAA TV aims to raise the bar in the Telugu TV general entertainment space.

     

    Ratnakar Rao, CEO of MAA TV said, “Having known Leo Burnett for many years and looking at the agency’s track record in promoting KBC and other big shows, the obvious choice for us was to work with them on this project. We have been working with Orchard, Leo Burnett’s entity based in Bangalore for a while now and for our latest show, the fit seemed right and it didn’t take long before we signed up with them.” Adding further he said, “The team at Orchard came up with an insightful and relevant concept that connects the essence of the program’s benefit with the aspiring participants of the show. We are working with Orchard on an integrated campaign for the two phases – one to promote participant registrations and two, the viewership build up.”

     

    Neha Contractor, Branch Head and Vice President, Orchard Advertising, Bangalore added, “We are very excited about this partnership. We have put together an extensive mass media campaign that has been designed using all media platforms like TV, newspaper, radio, hoardings, digital and social media to promote the show in every nook and corner of the state. Ratnakar himself is a veteran from the advertising world and it has been wonderful working with him in co- creating this successful campaign.”

     

    MAA TV has received 1.2 million calls for entries already through the initial reveal and CFE ads executed by Orchard Advertising.

     

  • Top FMCG brands gain market share during economic slump

    By Sagar Malviya

     

    Mondelez India, maker of the country’s top chocolate brand Cadbury, had been struggling to hold on to its market share over the past few years, but in the January-March quarter it managed to improve its share for chocolates by 2.5%. With new chocolate capacity in place in India, the company has been able to regain the share it lost in the first half of last year, Mondelez International CEO Irene Rosenfeld said in an earnings call for the quarter two weeks ago.

     

    Perhaps it’s not just about higher capacity. It seems that in a downturn consumers tend to lose their impulse to experiment and stick to established ones, as around a dozen market leaders including Gillette, Colgate, Dabur Real and Chyawanprash, Godrej’s Good Knight and Jyothy Laboratories’ Ujala, have improved their market share in their core categories over the past one year.

     

    “In a downturn, consumers might not want to risk and experiment buying new brands and generally stick to trusted or established brands especially in the health space even if it has a slightly premium pricing,” said Sunil Duggal, CEO at Dabur. The Delhi-based firm’s Real juice and Chyawanprash have gained around 200 basis points to improve their market share to 54% and 64%, respectively.

     

    While several small players could not hold their price lines in the wake of inflating input costs since last year, several large companies increased their marketing spends and focused on innovations to push growth amid weakening consumer demand for most daily products.

     

    The overall consumer goods market growth fell to nearly 6% during the January-March quarter compared to 18% in the same period last year. Top companies aggressively tried to develop mass-products that would be easy on consumer wallets. “We have continued to focus on launching some great innovations,” Vivek Gambhir, managing director at Godrej Consumer Products, said. “For instance, we have launched three innovations in home insecticides over the last 12 months — more than the previous ten years,” he said, adding that new products accounted for more than a third of the firm’s incremental growth.

     

    Top oral care brand Colgate claimed a 60 basis points gain in its toothpaste market share year-on-year at 53.8% in the March quarter despite increased competition driven by new entrant and global rival Procter & Gamble. Colgate launched newer products and stepped up its reach and advertising spends substantially on the face of heightened competition. “Strong communication and trade plans have helped drive these results,” it said in a global earnings call last month.

     

    Source:The Economic Times

    Copyright © 2014, Bennett, Coleman & Co. Ltd. All Rights Reserved

    Licensed to republish

     

  • Mindshare bags media mandate of Adlabs Imagica

    By A Correspondent

     

    Adlabs Imagica has handed over its media mandate to GroupM’s flagship agency Mindshare.

     

    The WPP agency will be responsible for the media planning and buying for India’s first and only international standard theme park that was launched early last year.

     

    Ravi Rao

    Ravi Rao, Leader- South Asia, Mindshare said, “We are very excited to work with Adlabs Imagica which is truly one of a kind. The theme park comes at an opportune time to meet the growing demand for new and exceptional family entertainment avenues. We look forward to helping help them grow the brand further with the use of new and innovative media strategy.”

     

    Kapil Bagla, CEO, Adlabs Entertainment Ltd. said, “Mindshare topped our list when it came to choosing a media partner. We are confident theywill help us help extend the brand and engage wider audiences.”

     

  • ANC unveils new campaign for The World Towers

    By A Correspondent

     

    Alok Nanda and Company has created a new ad campaign for The World Towers by the Lodha Group. The multi-ad print and outdoor campaign will project the luxury experience provided by The World Towers to its residents. It will target resident Indian and NRI audiences.

     

    The objective of this campaign is to highlight lesser known aspects of the development, thereby focusing on its iconic stature and building desirability. Alok Nanda & Company has drawn from its vast luxury and lifestyle experience to present a lifestyle that is in every way as iconic as the buildings. Using a distinctive tone of voice, the campaign takes the ‘above it all’ brand positioning to another level altogether. The messaging uses scale and global comparisons to make its point.

     

    “Luxury selling is all about evoking a lifestyle experience in the mind’s eye. Our mandate was to create a campaign that brings alive, from an experiential perspective, the life one leads at The World Towers. We leveraged the most remarkable product offerings to establish the superlative nature of luxury living at The World Towers,” says SamarjeetShimpi, President, Alok Nanda & Company.

     

    “The World Towers has always registered itself as the world’s tallest residential towers – India’s global icon which is home to world’s finest residences with Interior Design by Armani/Casa. However, the iconic stature comes not just from its height and interiors, but every aspect ranging from landscape design, managed services, sports and club facilities to engineering, technology and advanced construction techniques. It was important for this campaign to build a story woven around the lifestyle that would come alive at this holistic development,” Samujjwal Ghosh, Sr. Vice-President, Marketing, Lodha Group.​

     

  • Star India’s Uday Shankar to speak at Paley Center for Media

    By A Correspondent

     

    Uday Shankar

    Star India CEO Uday Shankar will achieve a new milestone when he becomes the first Indian CEO from the M&E industry to speak at the Paley Center for Media, the premier institution dedicated to advancing the understanding of media and its role across cultures and societies. Uday Shankar will be addressing a breakfast session, which will be moderated by Bobby Ghosh, Editor Time International at Paley Dialogue on Friday, May 30 in New York. He will be introduced to the distinguished guests by James Murdoch, Co-COO, 21st Century Fox.

     

    The Paley Media Council is an exclusive, invitation-only membership community for entertainment, media, and technology industry executives and provides an independent forum for top industry leaders. Featuring candid conversations with the best minds in the industry, this year’s Paley Media Council will see an exclusive gathering in presence of the most distinguished guests from major American business organizations, foreign press organizations and leading social organizations.

     

    At this global media platform, CEO Uday Shankar will discuss the journey of STAR India and how the company has become India’s leading media business by using its programming to spark national discussions on a range of social and political issues. Most notably, the series ‘SatyamevJayate’, STAR’s hit talk show about India’s pressing social concerns, has become the premier platform through which Indians can discuss social issues. This achievement, combined with STAR’s track record of cultivating forward-thinking programming, casts STAR as a model for what a 21st century media business should look like—one that harnesses the power and reach of television to touch lives and create meaningful change.

     

    Since 1995, the Paley International Council Summit has provided an independent forum that brings together chief executives of the world’s most important media, entertainment, and technology companies to advance the exchange of ideas and to foster community among them. Informal and organized discussions cover a wide range of critical issues that define the media industry and its role in society for generations to come.

     

  • WeChat uses humour to attract user attention

    By a correspondent

     

    App enabler WeChat has unveiled a series of campaigns under the #StartHere handle. The idea was to communicate and position WeChat as the starting point of all conversations and interactions.

     

    Created by Publicis, the challenge facing WeChat was to stimulate active usage of the app post download. Though the idea of sending voice messages had caught the people’s fancy, the usage tended to dip post download as people reverted to default behaviour of Whatsapp. WeChat therefore, needed to position itself as an innovative, fun and great to use application.

     

    As people, especially youngsters increasingly access the internet through their mobile phones, they began to be more selective with communicating and sharing. Sharing was about keeping in touch with the ‘gang’ or friends constantly – sharing their lives in pictures, song, voice or words with each other in real-time. Technology only enables and empowers the youth tospontaneously and seamlessly keep in touch in the real and virtual space.

     

    WeChat decided to tap into this need for constant contact and the sense of empowerment at being able to do so in new and engaging ways. To engage with the audience more effectively four new features needed to be advertised; radar – for easily adding people within close range, real time location sharing and tracking, video calling and favourite – to store your favourite pics, music, videos in the cloud.

     

    To get the message across the agency decided to make the conversation fun and engaging. They decided to tap into its observations of the ‘urban villager’ and thus was born the Jaat Guy and his beloved buffalo Katrina.

     

    The Jaat Guy is one who wants to embrace the world and connect with new people, but he will do it on his own terms, and in his own inimitable style. He is a symbolic embodiment of many young Indians who live and breathe through their smartphones – very proud of their roots and, at the same time, open to all the opportunities that our hyper-connected world has to offer.

     

    The team behind the campaign include Bobby Pawar, CCO; Joy Mohanty, ECD; HemantMisra, Annirudh Deb, Proteek Dey – Account Management; and production house Boot Polish.

     

  • ASCI reshuffles top cadre

    By a correspondent

     

    The Advertising Standards Council of India (ASCI) has announced that Alan Collaco, ASCI’s Secretary General will be retiring from the organization effective May 30, 2014. He will remain with ASCI through May 2014 to ensure a smooth and successful transition to his successor Shweta Purandare, currently Chief Operations Officer of ASCI. Shweta will assume the role of Secretary General as of June 01, 2014.

     

    Shweta has over 22 years of industry experience, having worked with some of the eminent companies such as Cipla, Merind, P&G and L’Oreal. She has been actively associated with ASCI as the Chief Operations Officer since past one year. In her new role, she will continue to handle Consumer Complaints process. In addition, Shweta will be leadingMarketing, Public Relations and Social Mediainitiatives for ASCI.

     

    Ashutosh Geedh joined ASCI in the newly created post of Chief Administrative Officer on May 5th, 2014. He has done his MBA from the Asian Institute of Management, Manila. His experience spans over 19 years in such companies as Patni Computers, LIC, Securex Capital Advisors and Towering Heights Telecommunications. He will broadly be responsible for Administration, Finance & Accounts, HR, Legal, I.T. and internal & external Communication.He will report to the Secretary General.

     

    Commenting on this occasion ASCI’s Chairman, Mr Partha Rakshit said, “Alan will be greatly missed by ASCI members for his tremendous commitment to excellence. While we are indebted to him for his exemplary service to ASCI’s mission, we are also confident that his successor, Shweta,will demonstrate strong leadership skills and analytical insights, further supporting the association’s vision and mission.”

     

    “Also, the appointment of Ashutosh will further strengthen the association’s operations, thereby ensuring seamless functioning across various departments and external bodies”. Partha further added.

     

    “I am grateful tothe ASCI team for offering me the desired platform to get associated with India’s largest self-regulatory voluntary organization of the advertising sector. I am deeply honoured to have had the opportunity to be in the core team of ASCI, supporting the association’s vision of protecting the interests of the consumers,” said Alan Collaco.

     

    About Advertising Standard Council of India (ASCI)

    Advertising Standard Council of India is a voluntary organization self-regulating advertising content for the advertising industry. The Role and Functioning of the ASCI & its Consumer Complaints Council (CCC) is in dealing with Complaints received from Consumers and Industry, against Advertisements which are considered as False, Misleading, Indecent, Illegal, leading to Unsafe practices, or Unfair to competition, and consequently in contravention of the ASCI Code for Self-Regulation in Advertising.

     

    For further information, please contact

    The Advertising Standards Council of India

    Ms. Shweta Purandare – Secretary General, ASCI 23512371/23521066

     

    Ketchum Sampark Public Relations Pvt. Ltd.

    Vikas S: 919892629404

    Shivangi J: 9167106693

     

  • Jitesh Rajdeo joins Amagi Media as Director

    By a correspondent

     

    Leading TV ad network Amagi Media has announced the appointment of Jitesh Rajdeo as Director of Sales & Alliances, India & neighbouring countries to lead its growth.

     

    Amagi is the leader in geo-targeted advertising enabling advertisers to optimize their ad spends effectively. Amagi has been expanding at a fast pace and was recently recognized by Deloitte as the fastest growing media & entertainment company in APAC in 2013.

     

    For more than two decades, Jitesh has built and led high-performance sales teams in the media industry. Jitesh is known for aggresively growing market share and revenues in his previous stints. Jitesh’sprevious stint was at Zee Media Corp as its Chief Sales Officer. Prior to that Jitesh has been in various sales leadership positions with Zee group for more than a decade.

     

    Speaking on his appointment, Jietsh said, “I am convinced that Geo-targeting is the future of television and Amagi is set to occupy the centre stage in this evolving media space. I am excited to join Amagi at this crucial juncture and look forward to scaling its revenues as Amagi expands its horizons.”

     

    “I am confident that Jitesh will add the much needed impetus to our revenue growth ambition in the coming years,” said LS Krishnan, Business Head, Amagi. “Jitesh has the skill set,calibre and resolution to make Amagi a high growth company focussed on delivering value to all stake holders.”

     

  • Samsung’s ‘Maestros Academy’ receives much acclaim

    By A Correspondent

     

    Italian craftsmanship has long been considered a renowned art form. Now, in a time when younger generations are gravitating to smartphones rather than toolboxes, expertise is only reminiscent of a bygone era. Leo Burnett Milan has created an experiential campaign called “Maestros Academy” to launch the next generation of Italian artisans in order to preserve “Made In Italy” excellences using Samsung devices.

     

    The program enlisted four world-famous artisans to teach over 40 lessons and host live chat sessions where students could interact and collaborate in real-time.The instructors included Giovanni Pelizzoli – Bicycle craftsman who has supported the greatest cycling champions in the world; he also created the world’s first aluminum frame, Stefano Parrini – World renowned leather craftsman and master at the Leather School of Florence, Monica Venturi – One of the world’s most celebrated fresh pasta artisans, Alessandro Siniscalchi – Acclaimed menswear designer.

     

    After participating in Samsung Maestros Academy, many students have been presented with extremely encouraging outcomes. One student developed a smart bike in Giovanni Pelizzoli’s workshop that delivered such innovative design and tangible safety advancements that she was asked to present her creation at Milan Design Week. That’s just one of several success stories that resulted from the program.

     

    Since the project’s launch, Maestros Academy has received over one million views on Samsung Italy’s Youtube channel, and Facebook posts surrounding the initiative have reached over a whopping 4.5 million users.

     

    Maestros Academy’s popularity and overwhelming success has led to a six-week branded series that airs on the Discovery Channel in Italy.