MxMIndia

Tag: Madison Media

  • The account was previously handled by MPG and is estimated to be at Rs25 crores

    Madison World’s Platinum Media wins Dixcy media AOR

    By A Correspondent

     

    Platinum Media, a unit of Madison Media Group has just announced that it has won the media planning and buying account of Dixcy Textiles. The account was previously handled by MPG and is estimated to be at Rs25 crores.

     

    Tirupur-based hosiery giant, Dixcy Textiles markets its products under the names Dixcy and Dixcy Scott. Within a short span, the company has been able to garner a healthy market share because of high customer satisfaction of all products offered by the company. The company is into inner wear, thermal wear and casual wear and has aggressive growth plans.

     

    “We are delighted that Dixcy has appointed us as their Media AOR and are confident that we will be able to add a lot of value to their business and look forward to a long and mutually beneficial partnership,” said Basabdutta Chowdhury, CEO, Platinum Media.

     

    “Talks were on for almost two years about this shift and also new product launches and the expertise of the agency to handle the same has made us take this decision,” said Rahul Sikka, Director, Dixcy Textiles.

     

    Madison Media Group comprising Madison Media and Platinum Media is a part of Madison World, which also has specialist units in Advertising, Business Analytics, Out-of-Home, PR,Mobile, Rural, Retail, Sports and Entertainment employing over 1,000 communication professionals acrossIndia,Sri LankaandThailand. It is India’s foremost media agency group handling media planning and buying for blue-chip clients including Airtel, Godrej, Cadbury/Kraft, ITC, General Motors, Marico, McDonald’s TVS, Britannia, Procter & Gamble, Asian Paints, Tata Tea, Levis, SpiceJet, Axis Bank, Domino’s, Bharti Axa, MaxNewYork Life Insurance, Tata Salt, Acer, Dish TV, Imagine TV, Indian Oil and many others. The gross billing of Madison Media is Rs3,000 crores.

     

  • Dentsu will now be handling the media duties, along with the creatives it was handling previously.

    Top Ramen consolidates its advertising duties with Dentsu

    By A Correspondent

     

    Top Ramen, the instant noodle company from Indo-Nissin, has consolidated its advertising duties with the Dentsu India Group. Dentsu Communications has been already handling the creative duties and now with media, too, coming under its umbrella, Dentsu has consolidated the entire business.

     

    The media duties were earlier being handled by Madison Media. The size of the business in the last financial year was close to Rs10 crore and is slated to scale upwards and be in the range of Rs15 crore.

     

    Confirming the development, MNVV Prasad, General Manager, Sales and Marketing, Indo-Nissin Foods Ltd, said: “At this juncture we were looking at integrating our communication. Since Dentsu is already partnering with us for creative, we decided to consolidate the media with them too.”

     

    He added: “The instant noodle market has undergone tremendous change in the last two years, especially with international players coming into fray and the existing ones going aggressive. Top Ramen has been a leader in the world in this category and scores in innovative product strategy. We hope to combine our advantages and come out with a strategic communication that will differentiate us from others. We want to grow on the basis of our different positioning in this category.”

     

    Top Ramen has been competing with Nestle’s Maggi much before Knorr, ITC’s Yippee or GSKs Foodles came in the fray. Sensing competition, Top Ramen has gone aggressive on its marketing plan in the last two years and even signed on Saina Nehwal to feature in its advertising, which is a shift from its earlier strategy.

     

  • Madison Media has roped in Karthik Lakshminarayan as COO of Crest to head the AOR of its ITC business.

    Karthik Lakshminarayan to leverage his TV experience @ Crest

    By A Correspondent

     

    Madison Media has roped in Karthik Lakshminarayan as COO of Crest to head the AOR of its ITC business. Mr Lakshminarayan has earlier worked with Madison and its homecoming for him. He has essentially been a media agency person, having spent close to 13 years on the agency side with Initiative Media, Starcom, besides Madison. He then crossed over to television where he spent close to four years with Colors and Food Food.

     

    Talking about the edge he will have because of his television experience, he said, “Having worked closely with the leading channels and even on the production side, I think it has given me first-hand experience of working on the other side of the business. Media planners tend to look at the past data of the channel to predict future and I think having worked in channel has given me an insight to work this premise in a better and meaningful way. It will help in bringing that amount of difference and identify benefit for our clients.

     

    “Also having worked on the production side has given me fair knowledge of how content can be integrated in a better way to bring a better value to the client,” added Mr Lakshminarayan.

     

    For Crest, he will be alternating between the Bangalore and Kolkata operations of ITC. In his career, he has worked on a large and diverse portfolio of brands including Godrej, Cadbury, Marico, Asian Paints, Bharti Axa, Infosys, Britannia, Titan, Heinz, Pillsbury and Hallmark amongst many others.

     

    On his role at Crest, Mr Lakshminarayan added, “Crest has been doing great work for ITC in the last one year and I am looking at further raising the bar of the work being done.”

     

    Punitha Arumugam, Group CEO, Madison Media, commented, “I am delighted to have Karthik back with Madison Media. The best testament for Madison Media as an organization is when ex Madisonites as talented as Karthik are willing to accept and explore career opportunities with us once again. “