Tag: IPL 2020

  • IMG-Reliance reports record revenue for year; closes 36 deals for IPL 2020 including Dream11’s title sponsorship

    By A Correspondent

     

    The sports arm of Reliance Industries Ltd – IMG-Reliance, has reported closing 36 deals across multiple brands and franchises for the ongoing Indian Premier League season, including the Indian cricketing board BCCI. According to its communique, IMG-Reliance, has raised a record revenue, estimated to be double of the agency’s last year’s earnings.

     

    The marquee deal for IMG-Reliance’s growth trajectory for this year has been Dream11’s title sponsorship of INR 222 crore with IPL. The Mumbai-based firm has exclusively represented Dream11 on its BCCI and IPL-related partnerships and also assisted them in securing cricketers as part of their activation plans. This is in addition to facilitating 6 team deals with Mumbai Indians, Chennai Super Kings, Delhi Capitals, Kings XI Punjab, Rajasthan Royals and Sunrisers Hyderabad.

     

    Said Nikhil Bardia, Head of Sponsorship Sales and Talents, IMG-Reliance: “This season, Dream11’s IPL title sponsorship was a very big win for us, along with BKT who joined the IPL wave with 6 IPL team partnerships. The brand partners have consistently appreciated our strategic insights, our knowledge around the assets and most importantly, our ability to find a fine balance between rights holders & brands, to make the partnerships impactful for all parties. It is this experience, which has helped us to grow in the sponsorship landscape with a large number of deals to become a dominant player in the region for cricket.”

     

    IMG-Reliance is also on board with marquee brands like BKT Tires, BoAt, FanCode and Jio through a combination of licensing and sponsorship service. IMG-Reliance also exclusively represents six leading cricket talents globally – Rohit Sharma, Jasprit Bumrah, Shreyas Iyer, Shikhar Dhawan and Krunal and Hardik Pandya.

     

     

  • Policybazaar unveils ‘AapKiSideHai’ campaign on IPL 2020

    By A Correspondent

     

    Policybazaar.com, the online insurance marketplace, has unveiled its new television campaign titled ‘AapKiSideHai’. The campaign features Policybazaar’s brand ambassador, Akshay Kumar.

     

    Said Samir Sethi, Head of Brand Marketing, Policybazaar.com: “While we continue to highlight the importance of Health & Term life Insurance through our marketing campaigns, with the brand promise of Policybazaar AapKiSideHai, we also intend to position Policybazaar as a customer centric brand, that is committed to stand by its customers, both pre and post purchase.”

     

     

  • IPL: The 2020 Showstopper Is Here

     

    By Shailesh Kapoor

     

    The show must go on, it’s said. That famous phrase, which has its origin in the circus in the 1800s, has been used more than ever before during this pandemic period, not just by the entertainment industry but by people in all walks of life. You cannot put nations or cities on pause mode for months at end. And hence, the show must, indeed, go on, even if it looks and feels a little different from what it was meant to be.

     

    IPL 2020 is one such show. When the event was indefinitely postponed in what seems like many months ago, many would have doubted if there would be an IPL season in 2020 at all. But the IPL brand is way too big to skip a season, unless there’s absolutely no choice. And here it is, starting tomorrow, on foreign land, without stadia audience, in a bio bubble.

     

    IPL has been a runaway success since its start in 2008, and only continues to get stronger with each passing year. The last couple of years have seen an increase in viewership. While its digital viewership has zoomed to new levels altogether, even the traditional media (television) continues to get stronger for IPL every year.

     

    Viewership increase in this year’s IPL is a given outcome. A cricket-starved nation will lap it up instantly. Time spent watching TV is anyway higher than usual levels because of lesser incidence of going out, especially on the weekends. The festival season, with its share of holidays, is setting in too. There are no headwinds at all as far as IPL viewership is concerned. Absence of spectators may impact the viewing experience a bit, but that wouldn’t take much time getting used to. And in any case, IPL is way too big for such factors to become sizeable viewing barriers.

     

    There may be no headwinds for viewership, but the headwinds come in the area of revenues. Despite its huge equity, IPL cannot possibly offset the impact of a struggling economy, and both BCCI and Star India have taken this in their stride, as they work towards making the most of the power event.

     

    While much is different about this year’s IPL, the one thing that makes it stand apart from previous seasons is that in 2020, its mere occurrence is a celebration. While eventually, the discussions around which team is doing well, who’s likely to win, etc. will pick up, those discussions will still be ‘secondary’ in nature this time. For many viewers, even those who follow IPL only casually, just the presence of IPL in prime-time everyday for seven weeks is a blessing. A pleasant distraction from what has been a tough and fairly deflating year for many.

     

    This status that the IPL acquires in 2020 can potentially take the brand to another level altogether, where its meaning in Indian lives goes beyond routine entertainment, and acquires elements that are more intrinsic, such as feel-good and happiness. I was a bit surprised to see that the brand ads released so far do not bring out insights around this transcendental opportunity this season offers. Perhaps they have been put together in a hurry, given how things have unfolded.

     

    So, get ready for the biggest IPL season ever. Even if the cricket is strictly average (never really the case with IPL), it will be a national feast like no other.

     

     

  • Virat Kohli roped in as Brand Ambassador by Great Learning

    By A Correspondent

     

    Edtech firm Great Learning has announced the appointment of Virat Kohli as its brand ambassador. He will lead the brand’s latest ‘Power Ahead’ campaign.

     

    Said Mohan Lakhamraju, Founder and CEO, Great Learning: “Virat is the obvious choice to be our brand ambassador because he best embodies the Great Learning ethos of excellence and continuous learning. He exemplifies hard work, integrity and ambition; values that are critical to reach the pinnacle of success in any field. The respect that he commands globally, across all age groups and the connection that he has with the youth make him the perfect partner to deliver our message of ‘powering ahead’ in one’s career through online learning. We, at Great Learning, are looking forward to this association with Virat through which we wish to spread the message that now, through the high quality online learning offered by Great Learning, anyone can grow and succeed as long as they have the desire and put in the effort.”

     

     

  • Disney+ Hotstar VIP to innovate for IPL 2020

    By A Correspondent

     

    With social distancing and the fears of the pandemic intruding into the conduct of live sports and specifically the Dream11 IPL 2020 which starts next week, Disney+ Hotstar VIP has announced innovation to bring home an in-stadia experience. According to a communique, fans can join a virtual community that will allow them to enjoy the matches with their friends and fellow cricket lovers real-time, while sharing selfies and videos. The entire tournament will only be accessible to new and existing subscribers of Disney+ Hotstar VIP and Disney+ Hotstar Premium.

     

    Said Uday Shankar – President, The Walt Disney Company APAC and Chairman, Star and Disney India: “Over the past few years, IPL has become the most loved sporting tournament in the country. After several months of the lockdown, we believe that this tournament can be a catalyst in ushering in new optimism and smiles in India, with millions of fans cheering together from all parts of the country. Our use of technology in presenting this immersive experience will not only set a global benchmark but also redefine the way we watch and enjoy sports in the coming years”

     

     

  • Star Sports launches ‘Ek Saath Waali Baat’ for IPL 2020

    By A Correspondent

     

    Star Sports has unveiled the campaign – ‘Ek Saath Waali Baat’, in the run-up to the much-awaited season of Dream11 IPL.

     

    Said Gautam Thakar, CEO – Star Sports: “As a country, we have always come together during testing times and we have seen the same over the last few months. There has been a greater sense of community and empathy that has demonstrated the resilience of the human spirit. The ‘Ek Saath Waali Baat’ campaign has been created with this same ethos. Dream11 IPL is the most-watched sporting event in the country and this year, it is even more special. The campaign builds on the sense of community and signals towards the much-needed emotion of hope,”.

     

     

  • JSW is Principal Sponsor of Delhi Capitals

    By A Correspondent

     

    Delhi Capitals has announced JSW Group as the IPL team’s Principal Sponsor for the upcoming season of the Indian Premier League. JSW comes in place of Daikin Air-Conditioning who had been the Delhi franchise’s Principal Sponsors since 2015.

     

    Commenting on the new sponsor, Parth Jindal, Chairman and Co-Owner of Delhi Capitals said: “We at the JSW Group  see this as a tremendous opportunity to step in as Principal Sponsor for the Delhi Capitals. DC embodies the same zeal, desire and hunger as JSW and thus we are proud to be the principal sponsor of the Capital city’s IPL team and wish them all the best for IPL 2020… The upcoming edition of the IPL will be different for more reasons than one. I have full faith in our team’s players and coaching staff to better the results of the previous year. I wish them all the very best as they prepare to depart for UAE.”

     

     

  • BCCI formally announces Dream11 as title sponsor for IPL 2020

    By A Correspondent

     

    There were rumoured to be some hiccups. So for nearly 24 hours after the IPL chairman Brijesh Patel announced that fantasy game league Dream11 was the title sponsor for IPL 2020, the formal press release was made public on the Indian Premier League website.

     

    The IPL Governing Council has confirmed that Dream11 is the new title sponsor of the 2020 edition of the league. The communique adds, and we don’t miss out on the significance of the statement: Dream11 (Sporta Technologies Pvt. Ltd) is an Indian company based in Mumbai, Maharashtra.

     

    It also adds: Dream11’s association with sports has grown over the years and it is presently partnering a total of 19 sports leagues along with six Indian Premier League Franchises.

     

    Said Patel in the statement: “We welcome Dream11 on board as title sponsor for the 2020 edition of the IPL. Dream11 upgrading their association from an Official Partner to Title Sponsors is a great testament to the brand IPL. Dream11 as a fantasy sports brand will only grow the engagement of the IPL with its fans. As a digital brand it will give them leverage to create exciting online engagement for fans sitting at home and watching the matches. We look forward to delivering great value to Dream11.”

     

    Added Harsh Jain, CEO & Co-Founder, Dream Sports (Dream11): “The launch of IPL in 2008 gave birth to the idea of Dream11. As avid sports fans, we wanted to offer fantasy cricket to IPL fans to help them further engage with the sport they love and showcase their sports knowledge and skill. Being a proud homegrown Indian brand that is made in India, by Indians and exclusively for Indian sports fans, we would like to thank the BCCI for giving us an opportunity to become the title sponsor of IPL, which in our opinion is the world’s greatest sports property. We believe that ‘Dream11 IPL’ also perfectly defines what IPL is all about: every team fielding its Dream11 team culminating in the IPL finals determining The Dream11. We are happy to continue building our partnership with BCCI & IPL to further promote sports fan engagement in India, and look forward to 10 Crore+ Indians making their Dream11 for every Dream11 IPL match.”

     

    There were some murmurs of discontent amongst sports sponsorship-watchers given a minority stake held by Chinese investments major Tencent.

     

     

  • Just how much Covid-19 impact AdEx in 2020?

     

    By Indrani Sen

     

    Today, it is difficult to make any guess on when our country and the world at large will be free from the deadly attack of Covid-19. The UN Conference on Trade and Development estimated it may wipe off $1 trillion from the global economy in 2020. It is too early to estimate the effect of the pandemic on Indian economy and business and the consequences of the same on media and advertising industry.

     

    Our economy has been slowing down from last year and now various manufacturing industries are facing a forced halt in production due to lack of supply of parts and ingredients which are usually imported from China. Recently, we have been witnessing a fluctuating Sensex in a jittery stock market which is unlikely to recover soon.

     

    On March 12, the Indian government suspended issuing tourist visas till April 15 and on the next day BCCI postponed IPL 2020 till April 15. What miracle are we expecting to happen in next 30 days? Experts in healthcare have declared that this 30 days window is the most crucial period for India to control the spread of Covid-19 and stop it from getting into the third stage of community transmission, though some of them feel that community transmission of Covid-19 is inevitable (https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/community-transmission-of-covid-19-is-inevitable-icmr/articleshow/74621197.cms).

     

    In other words, by end-March/ early-April, we will know if we have been able to contain the progress of Covid-19 and escape from getting into the dreaded stage three of community transmission. If we fail to contain the disease in stage two of local transmission, then the current restrictions may be extended beyond April 15 till we are able to curb the growth of Covid-19. Considering that from January 30 when the first case of Coronavirus was reported in Kerala, it took 40 days for 50 cases to be detected in India and then in the next six days the number climbed from 50 to 108 cases spreading across the country, the virus is an active growth phase in our country.

     

    What will be the fall out of Covid-19 on media spending by Indian advertisers? The industry sectors/ organisations whose production will be affected may start reducing their ad spend to mitigate economic losses. The sectors/ organisations who are dependent on Chinese supply chain, may also find their sales taking a dip as consumers are not likely to spend less and save more in the current situation of uncertainty. Some industries like travel, tourism and hospitality are already in severe loss and are unlikely to spend on advertising during the first half of 2020. Events have also taken a hit and are not likely to recover before the festive season. A lot of money rides on IPL and if BCCI is forced to cancel the tournament due to Covid-19, it will be a great loss of revenue for traditional as well as digital media.

     

    As severe to moderate restrictions are imposed by different state governments on their citizens, they have started avoiding shopping in crowded malls and markets and are utilizing online shopping for purchasing daily necessities and other goods. Advertisers who would like to reach out to their consumers during the next six to eight weeks can ride on this wave of online shopping. E-commerce is likely to get a boost as people also try to avoid cash transactions in brick and mortar outlets.

     

    With closure of schools and colleges in various states, there is bound to be an increase in content consumption across traditional media and digital media at home. It will be interesting to analyse the readership and viewership data for this period to assess if traditional media were able to get a share of the consumers forced to stay at home. Many organisations who have adopted digital technology are asking their employees to work from home which in turn can boost the other uses of internet for entertainment e.g. engagements with OTT platforms and other digital media.  However, given the current scenario of consumer spends across various categories of goods and services, it is unlikely that such consumer engagements will attract higher investment in digital advertising.

     

    The two other media which are going to be affected are cinema and outdoor. As state governments close down malls and cinema halls to prevent spread of Covid-19, cinema will not only loose the ticket sales money, but also advertising revenue. Due to travel restrictions, social distancing and forced staying at home, the traffic on the roads, stations, airports etc. will be less having a negative impact on OOH advertising.

     

    As a combined effect of all the above factors, it will not be surprising if the growth rate of AdEx drops from two digits (10.4% as per Pitch Madison Media Outlook 2020) to single digit in 2020. On the whole, 2020 does not promise to be an exciting year for media and advertising in India.

     

     

  • Star Sports does IPL 2020 campaign on its own

    By A Correspondent

     

    Star Sports has relied on its own creative team for the campaign of the the forthcoming edition of the Indian Premier League as it launched the ad campaign titled Khel Bolega, along with the BCCI.

     

    According to a communique: “Khel Bolega indicates that the coming season will end the response to the chatter (#BolBakar) surrounding VIVO IPL when the player performances will speak for themselves. The performance by teams will also give fans a chance to silence all the #Bakar from opposing fans as well.”

     

    The TVC, conceptualised this year by the in-house creative team of Star India, was helmed by Taproot Dentsu last year and Ogilvy in 2018. The film, adds a release, was released in multiple languages such as Hindi, Tamil, Kannada, Malayalam, Telugu, Bengali across TV and digital

     

     

  • Dhoni’s Brand-I Value Is intact, but for how long?

     

    By Sanjeev Kotnala

     

    So, BCCI dropped former Indian skipper M S Dhoni from the list of centrally contracted players. It was coming he has not been in the national team for some time since July 9 2019, when he played the World Cup semi-final. That is long enough a gap. Surprisingly, when so many questions are being raised, Dhoni has remained silent on his plans. Even Indian selectors and the board find themselves in murky waters with nothing much to comment on this mystical absence of words from him.

    Naturally, the marketing community questions, if and will the Brand Dhoni be eroded. And the answers are not surprising.

    Brand Dhoni has enough of stickiness. CSK has already indicated that he will be retained in 2021. IPL 2020 will be a test.

    In 2014, when MSD retired from Test Cricket, there were thoughts expressed that his association with the shorter format will extend brand Dhoni longevity.

    In fact, after five years, Brand Dhoni was performing spectacularly on screen. In 2016, Forbes, in its list of most valuable sports brands of 2016, stated that MS Dhoni’s brand value suffered a 48% year-on-year decrease. Dhoni, the only Indian on the list, was placed tenth in the athletes’ category.

    In 2019, Dhoni retained his position as the second cricketer (Rank 12) after Virat Kohli, captain of the Indian cricket, who topped the powerful celebrity brand list of Duff & Phelps.

    But then the aura for sports person remains as long as they play and in Dhoni case, it will not be different. And every time his name will come up in discussions, there is going to be a debate. However, everyone is expected to hedge his or her bets.

    Brand-I is the image that rests in the eye of the audience. It like product image is the result of experience and expectations. If Dhoni the non-continues to perform with a similar level of success keeps his coolness quotient buzzing and dominates IPL, his brand value will remain intact. However, every player has his life cycle as a brand. Sooner or later, and as and when Dhoni retires from real cricket- the T20- national contention, with time, the brand will start having lesser meaning and attractiveness for the audiences.

    We must park this question for the next 100 days, until IPL 2020, which is crucial for Brand Dhoni. IPL 2020 performance in many ways will define the difference between ‘IS’ and ‘WAS’.

    We know Dhoni is unlike Gavaskar or Kapil or Sachin. Dhoni retired from Test cricket and one-days when people were still asking why is he retiring.

    We have seen him take a calculated gamble in the field. So, only time will tell if his silence is another such masterstroke.

    If IPL 2020 will bring him back into contention of the audience and their love for Captain Cool and his contribution. The flair of heart-stopping run chases and the sixes he fires. Maybe, Dhoni will reinvent. Whatever is in his mind, he has an obligation to his fans to reveal his plans.

    One must be warned that time and audience memories have limited elasticity of excitement and association.

    Brand Dhoni, will have to fight new faces, wins, memories and associations. And if the new breed of young cricketers delivers what we all believe they can, the slide for Brand Dhoni could be faster. And it is all about performing and dominating the audience mind space and nothing about the contract.

    Dhoni knows how to keep relationships alive. How friendship and business associations need to be nurtured. In fact, I expect him to further reap the benefit of this deep associations and brand endorsements.

    Dhoni has been slowly toying with his image we see in the advertising films. He seems to be conscious of the scripts he is picking or the way his persona is leveraged. There is a marked shift.

    Now, it is more about logic, rationality, maturing with age, and someone who has your best interest in mind. And a lot non-cricket and yet he is evolving and seems convincing enough. His advertising films are also seeing a Dhoni who can somewhat act and is not merely a prop on the screen. Though in the process, the legendary story of his dream and resilience wonderfully captured in the movie is missed out. His radiating success and being an absolutely loveable team player is missed out. But that inspirational part has already been utilised and has no additional pull.

    ……………….

    A sportsperson brand value is in her/his earnings, minus the average income of that sport’s Top 10 athletes.