Tag: Madison Media

  • ITC’s media account may soon be up for grabs

    By Pritha Dasgupta

     

    Tobacco-to-consumer goods conglomerate ITC is likely to put its media account up for pitch soon as its contract with Madison World ends in December. ITC’s media spend is estimated at Rs 450 crore a year. Heads of media buying firms expect the pitch process to start in August.

     

    The Kolkata-based company’s three-year contract with Madison World had expired in 2014 and the deal was extended for a year to December 2015.

     

    “The incumbent agency always gets the first chance to defend the account and is usually given three months’ time to make a presentation,” said a top official at Madison Media. “We will start the work in August or September and eventually make the presentation. Following which the official pitch process will start towards the end of the year,” the person said.

     

    Industry sources say ITC’s foods division spends Rs 200-250 crore in media, while the personal care division spends around Rs 100 crore. Other divisions such as stationery, Mangaldeep agarbatti and Wills Lifestyle spend about Rs 3-5 crore in media planning and buying.

     

    “In its media mix, ITC has always been a television heavy company,” said the head of a leading media agency that plans to pitch for the account. “Only the stationary business is led by print ads. Except Bingo they don’t do much on the digital medium as well,” the person said. Last year, ITC had called for a multi-agency creative pitch for its personal care division that has brands such as Fiama Di Wills, Vivel, Engage and Superia.

     

    According to company sources, Contract India won the account. “They will primarily handle the skincare products from the portfolio,” said a top official in ITC. Sandeep Kaul, CEO of ITC’s personal care products business, said it had recently selected Contract “for creative development for one of the new development projects in the personal care products space” “There are no plans for a media pitch at this point of time,” he said.

     

    Source:The Economic Times

    Copyright © 2015, Bennett, Coleman & Co. Ltd. All Rights Reserved

    Licensed to republish

     

  • Sam Balsara revives talks to sell Madison World’s 75% stake in Madison Media and Outdoor: ET report

    By Pritha Mitra Dasgupta

     

    Sam Balsara, chairman and managing director of advertising and media buying house Madison World, has revived talks to sell majority stakes in the firm’s media buying and outdoor advertising businesses to the world’s largest advertising network WPP, multiple advertising executives in the know told The Economic Times.

     

    According to them, while Mr Balsara is also in talks with other advertising networks, including Dentsu Aegis Media, WPP has outbid Dentsu in price and is likely to close the deal in the next two months. Mr Balsara declined to confirm the development, saying, “We are not in active or serious discussions with anyone.”

     

    In an e-mail response to queries, he added, “Yes, it is true that many agencies have expressed an interest in acquiring part stake in Madison, but we are in no hurry. I must mention that we are not closed to a partnership as long as the partnership can help us improve the quality of service to our clients.”Ashish Bhasin, India chairman and South Asia CEO at Dentsu Aegis Network, denied that the network is in the fray for acquiring Madison Media. “Not at all,” he said.

     

    According to top officials in both Madison and WPP, Mr Balsara is looking to offload 75% equity in Madison Media and Madison Outdoor, which includes Madison Media’s Sri Lanka unit that handles Proctor & Gamble (P&G) and Airtel accounts among other clients.

     

    Rest of the businesses of Madison World, including BMB (creative), Madison PR, MATES (entertainment) and PMG (sports marketing), will be retained by Mr Balsara and his daughter Lara Balsara, who is currently the executive director at Madison World.

     

    According to industry sources, Madison Media’s current revenue is close to Rs 100 crore and therefore the valuation of the deal should be in the region of Rs 250-300 crore. But Mr Balsara’s asking price is over Rs 500 crore, they said.

     

    Industry executives said CVL Srinivas, CEO at GroupM South Asia, and Prashant Kumar, CEO of South Asia at MindShare, are facilitating the deal for WPP. Srinivas said: “We do not wish to comment on market rumours.” Mr Balsara’s elder brother, who is a chartered accountant by profession, is believed to be helping him with the negotiations.

     

    While some in the industry said that Mr Balsara may completely exit the media and the outdoor business, the man himself denied it. “We are not interested in exiting the business,” Mr Balsara said. “I am alive and as active as ever before and 2014 has been the best year for Madison World.”

     

    Ahead of the Lok Sabha elections last year, Madison won the Bharatiya Janata Party’s (BJP) media mandate and helped the party design a corporate style campaign.

     

    Source:The Economic Times

    Copyright © 2015, Bennett, Coleman & Co. Ltd.

    All Rights Reserved, Licensed to republish

     

     

  • Madison Media wins Viber India media biz

    By A Correspondent

     

    Madison Media Plus has announced the media win of instant messaging and calling app Viber in India. The account was won in a multi agency pitch. The account will be handled out of the agency’s Delhi office.

     

    Viber is a pioneering mobile messaging, voice and video service that lets everyone in the world connect. Users can send free text messages, fun stickers, photos, videos and doodles, share locations anywhere in the world, make free HD-quality calls and communicate with Push-To-Talk. With Viber Out, users can make low-cost calls to any phone number around the world. Currently Viber has more than 35 million users in India.

     

    Commenting on this development, Anubhav Nayyar, Country Head Viber Media India, said, “We partnered with Madison as we were impressed with their overall approach and business strategy for Viber. In addition, they demonstrated a very sound understanding of the internet and social networking space.”

     

    Basabdatta Chowdhuri, CEO, Madison Media Plus said, “We are delighted with this new win and are confident that we can add strategic value in making the Viber brand, a household name across the country.”

     

  • Do looooong ads work for brands?

     

    By Priyanka Nair & Mukta Lad

     

    3.33. 3.53. 4.40. 7.16. Before you shut this paper and run a mile, we will have you know that this isn’t a complicated math problem coming your way, but the durations of some of the ads you’ve been seeing of late. With our daily dose of listicles masquerading as news for our seriously short attention spans, one would think quick and easy fixes are the way to go.

     

    The world of advertising begs to differ, though, offering a paradox. A spate of really long ads are the not-so-new kids on the block, where brands are taking the liberty to take as long as seven minutes to narrate their mostly heartwarming stories, The year is seeing a lot of the films that take their time to tell the tale, both internationally and back home.

     

    Pepsi’s ‘Ghar wali Diwali’
    KitKat’s Diwali
    Kissan’s ‘Joy of Togetherness’
    Fortune Oil’s ‘Ghar ka Khaana’
    Google’s ‘Reunion’
    Tata Sky’s ‘PrisonBreak’

    Most recently, KitKat and Pepsi jumped on the Diwali bandwagon, and two much talked about long-format films were born. They are usually released online, making it an inexpensive medium to tell powerful stories. But with such ads clearly becoming a regular trend, we have to ask; are brands really justifying the length of their communication with stories that are compelling enough? And do they work?

     

    Piyush Pandey executive chairman and creative director, Ogilvy & Mather India and South Asia, the man behind Fortune Oil’s emotive four-minute ‘Ghar ka khaana’ ad, believes, “With long-format, your single responsibility is to the viewer. It’s like people who make movies. A viewer of a long-format ad has made the effort to click on your film. It’s not like he was sitting around watching something else and the ad came on. It’s your responsibility to make sure he feels rewarded after the time spent and says ‘I must share this with my friends.’ I am assuming as professionals we know that we have a responsibility to the brand.”

     

    For T Gangadhar, MD, MEC India, it was the advertising during FIFA that has lingered on in his mind, especially the riveting spots by Nike and Adidas. “The episodic treatment, the fleshing out of the idea, the execution was such that there would have been no other way to create them except through the medium of long-format,” he says, admitting that he really didn’t notice the amount of time he was investing in watching them.

     

    Globally, too, brands have asked their agencies to deep dive into this particular style of creative build up for some time now. From Johnnie Walker to Dove and many in between, several brands have tried and tested using this narrative style for some years now.

     

    Apart from Fortune Oil, KitKat, Pepsi, Google’s ‘Reunion’ and #PledgeToVote, Tata Sky+’s ‘Prison Break’ and Kissan’s ‘Joy of Togetherness’ are some of the Indian ads that went much beyond the proverbial 30 seconds.

     

    Narayan Devanathan, EVP and national planning director, Dentsu India Group thinks of this trend as a fad, though. “To me, this seems like the work of diva creative directors who want to cash in on lack of extra mediabuying costs, the freedom the internet offers as a medium and the fact that they might be able to wiggle out a few favours from the directors in the same budget,” he says bluntly.

     

    Perhaps brand managers are looking at creating these epics as a feather in their cap. But Devanathan and Gangadhar would rather brands didn’t make long-format ads a fashion statement, please. It is best if the idea defines how much time it needs to unfold, instead of the other way around. But is there a formula as to who should or shouldn’t leverage this medium? “Boring brands have gone ahead to create some interesting long format ads, while some interesting brands have put out some boring ones,” says Gautam Kiyawat, CEO, Madison Media, implying that anyone with a good story should go ahead. But what makes marketers give a green signal to agencies?

     

    Mayur Bhargav, general manager (Chocolate and Confectionery), Nestlé India mentions that his digital centre noticed that India’s successful Mars mission was generating a lot of positive discussions on social media. They went ahead to create the KitKat Diwali film, knowing that its topical nature rated it high on the shareable scale.

     

    Gangadhar, however, wasn’t too convinced by the film. “If the video is going to be longer than 30 seconds, then it needs to become more content and less ‘advertising’, especially for the internet, where brands aim at making content people would want to share. The KitKat Diwali film, to me, was quite ‘addy’ in that sense.”

     

    Senthil Kumar, JWT India’s NCD and Suresh Eriyat, director, Eeksaurus, the men who made the KitKat film, believe that there making these spots can be a challenge. “It’s easier to hide the imperfections in 30 seconds, but the long format tests almost every limit that creative guys know of,” Kumar reveals. Eriyat elaborates, “Unlike short format ads, the biggest challenge in a long format ad is losing objectivity.

     

    Another danger is that it can end up becoming boring and monotonous. I am of the opinion that if one sees the KitKat campaign out of the context of Diwali, it may seem irrelevant.” At the end of the day, what do consumers feel about these ads, really? Devanathan, donning his planner’s hat, mentions, “The Pepsi ‘Ghar wali Diwali’ film, to me, lacked Pepsi’s youthfulness and Kurkure’s wackiness.”

     

    But advertising and planning be damned, he says, considering consumers didn’t really care about the ad’s length or whether it had the brand’s values at the core. They were touched by the emotion and shared the ad nevertheless, making it a viral success.

     

    The long and short of storytelling on digital is that the canvas is yet to reach its creative tipping point, as brands are taking their own sweet time exploring the medium.

     

    Source:The Economic Times

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

    Licensed to republish

     

  • Wills Lifestyle and Madison unveil ‘Rock the Ramp’

    By A Correspondent

     

    Wills Lifestyle and Madison Media has devised the concept of “Wills Rock the Ramp” a 360 degree Vine booth – a twist to the traditional twirl people do to show off what they’re wearing. Instead of doing the twirl, the cameras and modern technology does the twirling and the same could be shared on social networks.

     

    Users simply had to step into the booth and the revolving camera shoots a 4-6 second video, showing a 360 view of what they’re wearing to the Wills Lifestyle India Fashion Week. These videos are shared on the Wills Lifestyle Vine page and Wills Lifestyle Facebook and Twitter pages.

     

    Atul Chand, Divisional Chief Executive, ITC Lifestyle Retailing said, “Wills Lifestyle has always been at the forefront of innovation and driven the business of fashion in India with style. Being at the helm of creativity and novelty, we have integrated modern technology with fashion yet again this season, thereby creating 360 degree brand conversations. In this edition, Wills Lifestyle takes another leap with many firsts on the Indian fashion runway by introducing a 360-degree selfie booth.”

     

    Basabdatta Chowdhuri, CEO Platinum Media, says, “Our endeavour is to provide the best solutions to our clients irrespective of the platform. We want our brands to leverage new platforms and create high level engagements for consumers.”

     

  • Will Punitha Arumugam revert to the media agency business?

    By A Correspondent

     

    Punitha Arumugam

    One of the media agency business’s best known second-in-commands until mid-2012, Punitha Arumugam, director, agency business at Google India, has decided to move on after a two-plus-year stint at the search-to-everything digital conglomerate. She will be in at work until November 30.

     

    While Ms Arumugam has confirmed the news and plans a holiday, what is known at the time of writing is her next destination. Could it be a media agency or working with a media owner, there is speculation on which direction she will head to next. She had surprised many when she exited Madison Media as CEO, an organisation she had worked at for around 13 years. However, even as she moved to Google, her linkages with the advertising business were strong. She has in fact been the chief organiser of the very successful Emvies Awards of the Advertising Club over the last few years.

     

  • Madison Media wins HomeShop18 Media AOR

    By  A Correspondent

     

    Madison Media Group has been appointed as the media Agency on Record for leading shopping channel  Homeshop18. The account will be handled by Platinum Media in Delhi. The account was previously handled by Mindshare and the estimated media spend is in the range of Rs 30 crore.

     

    Vikrant Khanna

    Commenting on this, Vikrant Khanna, Chief Marketing Officer, HomeShop18 said, “Homeshop18 is proud to be associated with Madison, which is the leading media planning agency in the country. I am confident they will be a strong partner in our journey to become India’s leading virtual commerce player. Having worked with Madison in the past I know that Madison is best equipped to help us  reach our intended audience in the most economical and integrated way.”

     

    Says Basabdatta Chowdhuri, CEO, Platinum Media, “We are delighted with this new win and are confident that we can add strategic value in building the HomeShop18 brand in the country.”

     

    According to a communique, Madison Media has been on an account winning spree, having recently won a host of new businesses including Raymond Apparel, Piramal Healthcare, Epic Channel, McCain Foods, Ruchi Soya, Max India’s corporate account, Café Coffee Day, Radikal Rice and Crompton Greaves.

     

  • Madison Media is Raymond’s Media AOR

    By A Correspondent

     

    Madison Media has been appointed as the media Agency on Record for leading textile, apparel and fashion retailer, Raymond Limited. Madison would be responsible for the entire media mandate for all Raymond group brands, including Digital and OOH.

     

    Gautam Kiyawat
    Mrinmoy Mukherjee

    Says Mr. Gautam Kiyawat, Group CEO, Madison Media Group, “We are delighted with this new win and are confident that we can add substantially to building the Raymond group brands.”

     

    Commenting on this development, Mr. Mrinmoy Mukherjee, Director, Marketing, Raymond Limited said, “Madison Media’s leadership status as one of the best integrated media solutions agencies in India and well-integrated service and processes will help our brands scale newer heights of success.”

     

     

  • Madison Media wins Maxx Mobiles AOR

    By A Correspondent

     

    Madison Media has just acquired another account, Maxx Mobiles. The account will be handled by Madison Media Sigma in Mumbai.

     

    Madison Media has recently won several new businesses including McCain Foods, Ruchi Soya, Max India’s corporate account, Cafe Coffee Day, Radikal Rice and Crompton Greaves.

     

    Vanita Keswani

    Said Vanita Keswani, COO, Madison Media Sigma, “We are delighted to add Maxx mobiles to our roster of clients and are looking forward to a long and mutually beneficial partnership”. Maxx Mobile, a provider of mobile handsets and accessories in India, made its entry in the year 2004.

     

    Ajjay Agarawal, Managing Director, Maxx Mobiles, said, “We were looking to partner India’s top agencies to help us in our mission to make Maxx Mobile one of the leading handset brands in the country. We found Madison, with rich expertise in Media, to be ideal choice and are sure they will add tremendous value in our efforts.”

     

  • Madison Media wins McCain Foods AOR

    By A Correspondent

     

    As Madison World celebrated its 25th anniversary, it received a gift with a difference – the win of the McCain Foods account. The account will be handled by Platinum Media in Delhi. McCain plans to substantially increase its spends in the coming year. The account was previously handled by Zenith Optimedia.

     

    McCain has a range of ready-to-cook frozen products including French fries, aloo tikki, idli sambar combo and cheese appetizers.

     

    This adds to Madison Media’s account-winning spree of Ruchi Soya, Max India’s corporate account, Cafe Coffee Day, Radikal Rice and Crompton Greaves.

     

    Gautam Kiyawat

    Gautam Kiyawat, Group CEO, Madison Media, said, “McCain as a brand has tremendous potential in the Indian market and I am excited to have them on board as our client. We are confident of helping them achieve their rightful dominant share.”

     

    Basabdatta Chowdhuri, CEO, Platinum Media, said, “We are absolutely delighted with this new win. What makes this win even more special is that it comes on our 25th anniversary.”

     

     

    Basabdatta Chowdhury

    Vikas Mittal, Managing Director, McCain Foods India Pvt Ltd, said, “We have a line-up of new business strategies and accompanying communication initiatives. Today, we are looking at increasing our media presence across all touch points.”

     

    Gunjan Pandey, General Manager-Marketing, McCain Foods India, added, “We wanted to take on board an agency that complimented our brand communication strategies. We look forward to create a more distinct market space for McCain.”

     

  • Madison Media wins Magicbricks account

    By A Correspondent

     

    Madison Media has just announced the win of the MagicBricks.com account in a multi agency pitch. Madison Media will handle the media planning and buying for MagicBricks.com from their Delhi offices.

     

    MagicBricks.com provides a platform for property buyers and sellers to locate properties of interest and source information on the real estate space in a clear and transparent process. With in-depth analysis and revolutionary next-gen services customized specifically to address the needs of property seekers and the real estate industry, MagicBricks.com is the leader in online real estate in India.

     

    MagicBricks.com was launched by Times Business Solutions Limited, part of The Times of India Group, in August 2006. With over 8,000,000 listings from across the country, MagicBricks is the biggest online property marketplace in the country.

     

    Madison Media has recently won a host of new businesses including Ruchi Soya, Max India’s corporate account, Cafe Coffee Day, Radikal Rice and Crompton Greaves.

     

    Basabdutta Chowdhury, CEO, Platinum Media, said, “We are delighted with this new win and confident about taking MagicBricks.com to great heights and are looking forward to a long and mutually beneficial partnership.”

     

    Sudhir Pai, Business Head, MagicBricks.com, said, “We sought a partner who could match our speed and could scale operations with the agility that the internet space demand – a partner who shares our values and can understand our business and brands, providing turnkey differentiated media solutions. Madison was an obvious choice for the same.”

     

  • Madison Media wins media mandate for Max India’s corporate campaign

    By A Correspondent

     

    Madison Media has just announced the win of the Max India corporate account in Delhi. The agency will handle traditional media planning and buying for the client as well as the entire digital mandate including search, display, social, video and mobile. Madison Media has been handling the media business of one of Max India’s subsidiaries, Max Life Insurance since 2008.

     

    Last month Madison Media announced the appointment of Amit Duggal who joined the agency as Digital Director to drive the agency’s digital agenda in the North and East market. Over the years, Madison has strengthened its digital capability and now offers a whole range of Digital services to its clients. Madison Media recently won a Yahoo Big Idea Chair for its campaign on airtel, Har ek Friend Zaroori Hai. At the Emvies Awards held last year, Madison Media also won a Gold for Best Innovation in Digital (Video) for Cadbury Celebrations – Lonely Maa.

     

    Basabdatta Chowdhuri, CEO, Platinum Media, said, “We are delighted to be handling the corporate campaign for Max India and are confident of helping Max achieve its growth objectives”.

     

    Speaking about the campaign released through Madison, Vibha Rishi, Executive Director, Brand & Human Capital, Max India, said, “Max interacts with millions of lives through many million moments of truth. Each interaction results in a memorable and satisfying experience. We literally serve your need for health, wealth and happiness. The brand positioning captures this sentiment with two simple words… ‘For life’. We help our customers in navigating the often confusing complexities of insurance and healthcare.”

     

    Nitin Thakur, Head, Communications, Max India, added, “With this campaign, we set out to consolidate our various service offerings under one umbrella brand, Max. The new communication aims to build trust for the corporate brand by virtue of which people can choose its constituent brands with more confidence. ”