Not an easy question to answer in a Q&A series like this, but we asked nevertheless. Here’s Dr Bhaskar Das in the September 5 edition of Das ka Dum. Read on…
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Q. Even though streaming has picked up, the large media campaigns are still on linear. Not just in India, but even in markets like the US. As someone who interacts with marketers and media agencies all the time, what do you think will help them (advertisers) make a switch?
A. I mentioned in this column a number of times that in an omnichannel environment why does one think format-centric while communicating given that audiences have different tastes and preferences depending on the age cohort and technological affinity. The key question here is for advertisers is to where the premium audience is going and hence communicating with them. Wherever data is available in public domain helps in determining the ROI before going ahead with the format-led decision. And it has to always be a mix to my mind as there are different types of consumers available in the audience set. I think agencies would play the role of decoding these through deep analytics and better understanding of the consumer’s preferences. Hence there is no requirement of even thinking when things will switch. What is happening in the western world might happen here also with the lag effect. But fundamentally consumers are consumers so they would be experiencing a variety of screens while consuming various forms of content.
So I personally feel that the decision or the decision of the marketers will not switch one way or the other although the skew may be more towards one format than the other depending on the product category.