Tag: Nagesh Alai

  • Nagesh Alai, Shashi Sinha & Ambi Parameswaran on Anil Kapoor

    Anil Kapoor, Chairman Emeritus, FCB Ulka, passed away in Mumbai on Monday after a prolonged illness.  

     

    A little about Kapoor from our archives and courtesy the Ulka website: His love for challenges saw him taking charge of Draftfcb+Ulka (Ulka Advertising, at the time), turning it into the fastest growing agency in India and taking its rightful place as one of the ‘Big Five’. With the formation of Draftfcb in 2006, Mr Kapoor was appointed as Draftfcb President with responsibility for Asia-Pacific region and Africa.

     

    He was appointed Chairman Emeritus of Draftfcb + Ulka, after a 22-year stint with the company and its other associated agencies. As one who is known to make things happen, his role expanded naturally into industry bodies. He is a Past President of the Advertising Agencies Association of India (AAAI), the Chairman of the Audit Bureau of Circulation of 2007-08 and was also on the Management Board of the National Readership Survey and the Television Audience Measurement Research. He was also on the Editorial Advisory Board of The Economic Times. In May 2002, Mr Kapoor was also inducted into the Foote, Cone & Belding’s Worldwide Board.

     

    Before joining Draftfcb+Ulka Kapoor was with the Boots Company, India, for 14 years, where, as the Marketing Director, he launched a string of brands, all of which went on to become No. 1 in their markets. At Boots, he also set up two field forces, one for consumer products and the other for ethical pharmaceutical products. Before that, he was with the legendary agency MCM and though not the cause, he says he had to preside over its closure – quite a learning experience! Kapoor grew up in Delhi and graduated with a BA in English Literature from St. Stephen’s College, Delhi and then did his MBA from the Indian Institute of Management, Ahmedabad.

     

    When we spoke with some of his closest aides from Ulka (and even earlier), most felt too devastated to share a long tribute. While we were able to catch a quote from veteran adperson Nagesh Alai, the quotes from Ambi Parameswaran and Shashi Sinha are from an article we had done in September 2013 when Kapoor was felicitated with the Lifetime Achievement Award by the Advertising Agencies Association of India. 

     

    Nagesh Alai

    Nagesh Alai

    Veteran adperson, business advisor and columnist

     

    A vision of purpose and a mission of execution was the hallmark of a man called Anil Kapoor. A huge banyan tree under whom everybody flourished. Quite simply,  Ulka shone brighter because of his effulgence. A true leader who will be sorely missed by legions of people and brands. The advertising and marketing fraternity have lost a doyen…. Anil was a wonderful persona of a tough exterior and a soft interior who would go out of the way to help people close to him. He was a mentor par excellence. A void difficult to fill.

     

     

    Shashi Sinha

    Shashi Sinha

    CEO, IPG Mediabrands and Lodestar UM

     

    They don’t make people like Anil Kapoor these days.

     

    I have had the good pleasure of working with Draftfcb+Ulka a few years before he joined the agency from a strong client background. In fact that possibly ensured that he was very focused on deliveries.  As someone who helmed the agency for many years and even now as Chairman Emeritus, we and our clients included have always known him to be a no-nonsense man. Forthright, never into any frivolous conversation. He was always focused on the task on hand.

     

    He had a keen eye on the business and would actively engage with all his clients.  Even now when some of us meet him, his observations are pertinent to the business and may I say: bang-on. Anil Kapoor has always been an excellent people manager considering his team has been together for so long.

     

    I have always had an excellent rapport with him and have found in him a Guru whom I admire and respect.

     

    Ambi ParameswaranAmbi Parameswaran

    Veteran adperson, author and columnist

     

    I have worked with Anil Kapoor for over two decades and I have seen him in various roles, as Head of Marketing of a large British multinational, as a CEO of a pioneering media company and as a CEO of a struggling ad agency. One thing that defines him is his ‘Never Say Die’ attitude. When he joined Ulka no one thought he had a chance of saving an agency that was fast sinking. In fact someone who is revered in advertising world even told me that I was mad to join Anil Kapoor in his mission of saving an ailing Indian agency. Anil proved all his detractors wrong though his passion, attitude and commitment to the cause. He also showed the industry how to build a strong team and keep it together for two decades. How to build an agency group entirely from within, and without the help of international experts and hand-me-down accounts. He demonstrated how to partner clients at senior levels to launch one successful brand after another,  in tough market conditions. As Ulka became FCB Ulka and later DraftFCB Ulka, his managerial and leadership skills got recognized on the global stage, many times over.

     

    Anil Kapoor, who was seen as an outsider in the Industry, was soon accepted as an equal and may be as a ‘more than an equal’. He went on to play leadership role in various industry bodies such as AAAI and ABC. He was instrumental in setting up the independent NRS survey in the mid-’90s. He also played a very vital role in helping the formation of IBF as a body that could work with AAAI to create norms and processes on how agencies work with television.

     

    We don’t have too many people in advertising industry today who can fill his shoes.

     

  • Ashish Bhasin named Chairman of Goafest Organising Committee

    By A Correspondent

     

    Ashish Bhasin
    Nagesh Alai

    The Advertising Agencies Association of India and The Advertising Club have announced the appointment of  Ashish Bhasin, ‎Chairman & CEO South Asia, Dentsu Aegis Network as Chairman of Goafest Organising Committee 2017.  Nagesh Alai, Founder, Independent Business Advisory and Chairman of C4A has been elected as Co-Chairman of the committee. The scheduled dates for Goafest 2017 will be announced soon, notes a communiqué. Like last year, the chairman of the Abby Awards Governing Council will be announced soon, it is learnt..

     

    The other members on the committee are as below.

    • Bhaskar  Das, ‎ President and Chief Growth Officer,  Zee Unimedia
    • CVL Srinivas, Chief Executive Officer, South Asia, GroupM
    • Jaideep R Gandhi, Chairman,Jaya Advertising
    • M G Parameswaran, Founder at Brand-Building.com
    • Partho Dasgupta,Chief Executive Officer at BARC India,
    • Rana Barua, CEO, Contract Advertising
    • Rohit Ohri, Group chairman and CEO of FCB Ulka
    • Shashi Sinha, Chief Executive Officer, IPG Mediabrands
    • Tarun Rai, Tarun Rai, CEO, JWT, South Asia
    • Vikram Sakhuja, Group CEO at Madison Media

     

    Nakul Chopra
    Raj Nayak

    Commenting on his appointment Nakul Chopra – President, Advertising Agencies Association of India (AAA’s of I) said “Ashish has been a celebrated industry veteran and holds deep understanding of this event. I am sure that he will bring new fervor and spirit into the event this year. I am sure that his vision will make Goafest 2017 scale new highs”

     

    Welcoming the announcement, Raj Nayak, President, The Advertising Club said, “Ashish has been an intrinsic part of the Goafest Organising Committee last year and has played an important role in its success. I have had the privilege of working with him closely and his biggest strength is to be able to carry along People with him. I am sure that his rich experience, vision and insider view of media and advertising trends make him the best man for the role.  I look forward to an outstanding Goafest 2017 under his aegis”

     

    On being nominated as chairman, Bhasin said,” I am honoured to have been given the opportunity. The event has emerged as a key thought leadership platform and I hope to be able to further elevate the experience of Goafest 2017 for the entire fraternity.” The scheduled dates for Goafest 2017 will be announced soon.

     

     

  • Nagesh Alai is Chairman of Confederation of Asian Ad Agencies (CAAAA)

    By A Correspondent

     

    Nagesh Alai

    The Confederation of Asian Advertising Agency Associations (CAAAA) has elected Nagesh Alai of the Advertising Agencies Association of India as the new Chairman at its Annual General Meeting held on April 21 2016 in Singapore. He replaces Harris Thajeb of PPPI (Advertising Agencies Association of Indonesia) who has completed his two-year term.

     

    Following his appointment, Alai who is also Vice Chairman, Global of FCB said: “The challenges faced by advertising businesses are similar across countries in Asia (and the world), only the degrees differ. Unbundling of services years ago lead to commoditisation of advertising services and now disintermediation is leading to disruptive changes. Remuneration and recruitment continue to be hurdles to the growth of the advertising industry. The industry’s relevance is and never will be in doubt regardless of the rapid technological advances; but the business model is slowly and surely undergoing seismic changes. Those who recognize this will do well; it will be a survival of the fittest.”

     

    “CAAAA will continue to focus on these issues and help navigate these challenges by changing mindsets,” Alai said,adding: “A key focus for us will be to remain relevant at the macro level and render practical services at the micro level. For e.g., facilitate cross border movement of talent across the region, this will help in splicing and grafting of new ways of thinking and working. The CAAAA team is all charged up.”

     

    The full line-up of the new Executive Committee are:
    Vice Chairman – Tateo Mataki, Japan Advertising Agencies Association, Japan
    Treasurer – Anthony Kang, Association of Accredited Advertising Agents, Singapore
    Secretary – Romie Chen, The Association of Accredited Advertising Agents of Taipei, Taipei

     

    Yang Hong Feng, China Advertising Association
    Angela Ng, Association of Accredited Advertising Agencies of Hong Kong, SAR China
    Jay Paik, Korea Association of Advertising Agencies, Korea
    Harris Thajeb, Advertising Agencies Association of Indonesia, Indonesia (also Immediate Past Chairman)

     

  • Meanwhile, Nagesh Alai appointed a Head of Jury at APAC Effie

    By A Correspondent

     

    Nagesh Alai, Vice Chairman, Global of FCB Worldwide, has been appointed Head of Jury at the APAC Effie other than a few others.  He has been part of the APAC Effie Jury for the past two years and is currently a member of the APAC Effie Committee.

     

    Commenting on his appointment, Alai said: “Advertising is all about creating awareness about a brand and triggering a behavioural change in the consumer. Effies platform recognises this truism. Hence, it’s an honour to be associated with APAC Effies it as a Head of Jury and help in selecting the best of the best advertising in the region”.

     

    This and a few other appointments (Richard Murphy, CVP Digital, Growth & Foundation Markets of McDonalds and Sandeep Seth, Brand Director, Global of SK-II (P&G) completes the Heads of Jury line-up for the 2016 Awards. Awards Chairman, Cheuk Chiang, commented “I’m absolutely convinced that with such a distinguished and experienced group of practitioners, the Effies in APAC will redefine and set new standards for effectiveness. It comes at a time when marketers want greater accountability and stronger results but fail to do this consistently. Inspiration will come from the best and most effective work that has been interrogated, scrutinised, evaluated and judged by the best in the business. There will be something to learn for all of us and it’s truly an honour to be working alongside such a distinguished and experienced group of thought leaders.”

     

    For the full jury, visit www.apaceffie.com.

     

    Finalists will be announced in March 2016, with the Awards Gala set to take place in Singapore end April 2016.

     

  • Big Nite for the Datawallahs!

     

    By A Correspondent

     

    What’s one awards nite where many of the Big Pros of the A&M-land assembled and, no, it wasn’t the Abby, the Effies, the Emvies or Kyoorius? We’re talking of names like Piyush Pandey, D Shivakumar, Madhukar Kamath, Nagesh Alai, KV Sridhar, Bobby Pawar, Manish Bhatt, Damodar Mall, Tarun Katial and many, many others?  It was the DMA Asia Echo Awards, held last Friday (Aug 6) in Mumbai.

     

    Fast Facts:

    Entries from 542 participants, 75 agencies, 175 Brands

     

    Entries from 8 countries – India, Singapore, Hong Kong, Malaysia, Phillipines, China, Japan, Thailand.

     

    Awards presented:

    4 Overall

    1 Best of Show

    1 Diamond

    142 Metals

    29 Golds

    26 Leaders

     

    Unilever was adjudged Client of the Year, while OgilvyOne Worldwide was Agency of the Year. Ogilvy & Mather was Network of the Year and WPP the Holding Company of the Year. The Best of Show for Creativity was awarded to Visa India for Visa Sarees and the Diamond for Effectiveness was taken away by OgilvyOne Worldwide Philipines.

     

    The International Echo Awards are the most prestigious awards in the data-driven marketing and advertising world. This year, DMAi, the Indian association which has been in existence since 1992, was accepted entries from across 17 countries in Asia for both the awards – the 2015 DMA Asia Echo Awards and The DMA International Echo Awards 2015.

     

    Underscoring the importance of the Echo awards, Rakhshin Patel, Managing Director, Pi Communications & Grand Jury Chairperson, said:  “For an athlete, the Olympics are the ultimate stage. Data-driven marketers share the same feeling about the Echo programme. There is indeed no bigger stage to showcase ideas and work that have yielded measurable, tangible, real results.”

     

    There were 15 Effectiveness categories and 3 Creative Effectiveness categories each headed by a biggie – Piyush Pandey, D Shivakumar, Madhukar Kamath, Geetu Verma, Nagesh Alai, Jasmin Sohrabji, Anupriya Acharya, Agnello Dias, Pratap Bose, Bobby Pawar, KV Sridhar, Tarun Katial, Manish Bhatt, Nishi Vasudeva, Damodar Mall, Susana Tsui, Anant Rangaswami  and Rajesh Kumar.

     

    Said Vatsal Asher, CEO & Shelly Singh, COO, DMAi: “We are honoured to be hosting and managing the Asia Echo Awards. Campaigns got judged with the best in the Region. We had a fantastic panel of Jury Presidents and 194 online judges this year. We hope to see an increase the list of Asian winners at the International Echo 2015 awards in the US where all Asian winners will fasttrack to Round 2.”

     

    As an apex, not for profit DMAi, since 1992, brings about collective action for advancing & protecting responsible Data Driven Marketing and Advertising. The DMAi is run on a day-to-day basis by Vatsal Asher (CEO) and Shelly Singh (COO) and the awards have been championed by Rakshin Patel (Grand Jury Chairperson) and Ajay Chandwani, (Chairman Emeritus).

     

  • It’s official. Rohit Ohri to join FCB Ulka as Group Chairman and CEO

     

    By A Correspondent

     

    It’s now official. Former Dentsu India chief Rohit Ohri is joining FCB Ulka as Group Chairman and CEO. This is effective January 2016. Ohri, who is currently in Singapore, told MxMIndia that he will serving a cooling off period as per the Dentsu contract and is looking forward to the FCB Ulka stint.

    Ohri told MxMIndia that he would be located essentially in Mumbai when he joins FCB Ulka. This will be the first time he will have Mumbai as his permanent base, having worked first in Kolkata and more recently in New Delhi NCR.

    So did he decide on the FCB offer before he accepted the new opportunity at Dentsu in June? Not at all, said Ohri. “I signed on the FCB papers only last week and moved to Singapore in June itself,” he said.

    Meanwhile, Carter Murray, worldwide CEO of FCB, issued a confirmation on Ohri’s appointment. Ohri will succeed current CEO and Group Chairman Nagesh Alai who, after 25 years with FCB, is moving into the role of Global Vice-chairman at FCB, working on special initiatives for Murray.

    “I want to thank Nagesh for dedicating his career to our FCB operations in India and for helping FCB Ulka become one of the strongest agencies in the country. I look forward to working with him on special global initiatives,” said Murray.

    On Ohri, Murray said the following in a communiqué: “When Nagesh and the Board introduced me to Rohit as someone they felt fitted the culture of the company, I was struck by his passion for what we do, his focus on great work and strong client relationships, and his natural gravitas. If you add his track record in the industry, Rohit is someone whom I think will lead FCB Ulka forward with vision and energy, and keep the flame strong.”

    With FCB’s newly restructured global company, Ohri will serve as a member of the global operating committee and report directly to Murray in New York.

    “FCB has gone back to its roots and is reigniting its brand essence under Carter’s leadership. The opportunity to partner with him, in what could be the most defining time in the history of FCB convinced me to quit my regional assignment and come back to India,” said Ohri in the statement.“FCB Ulka has a rich legacy of creating solid brand-building work. It’s a company that values partnerships, people and culture. The opportunity to build on this legacy and to take a great agency to greater heights is truly exciting. I’m delighted to be at the right place at the right time and with the right people.”

    Ohri will be supported by FCB Ulka’s management board, which includes Shashi Sinha, Executive Director, Lodestar Media and CEO – IPG Mediabrands; Niteen Bhagwat, Executive Director, Interface Communications and Asterii Analytics; MG Parameswaran, Executive Director of FCB Ulka Mumbai and Bengaluru, FCBi, Cogito and Arvind Wable, Executive Director, FCB Ulka Delhi.

     

  • Suman Srivastava joins FCB Ulka as Chief Strategy Officer

    By A Correspondent

     

    Suman Srivastava

    The FCB Ulka Group has brought in Suman Srivastava as its Chief Strategy Officer.

     

    A graduate from Delhi University, IIM Ahmedabad and IMD Lausanne, Suman is the quintessential advertising strategist. He started his career with the Lintas Group and was part of the team that set up SSC&B. He then moved on to Euro RSCG in India and eventually became its CEO as well as Chief Strategy Officer for its Asia Pacific region. Suman then turned entrepreneur and started a strategic consulting firm – Marketing Unplugged. Suman is not just a master strategist; he is also an author, a trainer and a marathon runner.

     

    Along with bringing Suman on board to helm its strategic planning, FCB Ulka Group has also entered into a strategic alliance with Marketing Unplugged, making for a win-win situation. While being actively engaged with the FCB Ulka Group and its clients’ brands on an ongoing basis, Suman will continue to provide his professional services to the clients of Marketing Unplugged and give it the necessary thrust.

     

    Speaking of his new assignment, Suman Srivastava said, “I have always admired FCB Ulka Group for its commitment to long term relationships and its formidable strategic edge. Advertising has been my first love and I am delighted to be back with a large, mainstream agency that shares my philosophy of strategic solutions”.

     

    Nagesh Alai

    Nagesh Alai, Chairman, FCB Ulka Group said, “This is a step towards fortifying our leadership with fresh blood and energy and preparing our organization for the future. As head of our solid strategic planning function, I am sure Suman will help take our clients’ brands to greater heights.”

     

  • M&E expectations from Modi & Co

     

    By Shobhana Nair

     

    With the new government set to assume office in a few days, the media and entertainment sector is also hoping to see its ‘achche din’. MxMIndia spoke to a few stakeholders to know how they see this change of power and what they are hoping to get from the new government.

     

    Ashish Bhasin

    Ashish Bhasin, Chairman & CEO South Asia Dentsu Aegis Network, Chairman Posterscope and psLive – Asia Pacific

    From the Media & Entertainment point of view, what one wants is a strong and stable economy which depends upon a government that takes decisions and takes them forward. A clear majority government is much required as there seems to be a paralysis for the last few years on decision making. To that extent, whatever is good for the economy is good for the media and entertainment sector. From that point of view, having a stable government with a clear majority will be a good change.

     

    Nagesh Alai

    Nagesh Alai, Group Chairman, FCBUlka

    There is a lot of hope after the 10-year Congress mishap.  There are no industry specific expectations from the new government other than doing away with insidious muzzling of freedom of speech. I would like to see the new government walk the talk on eradicating corruption, have a zero tolerance on corruption and bring about probity and accountability in public life – to start with their own elected candidates and then amongst corporates and avoid crony capitalism. Once this is done, the rest will fall in place.

     

    Jehil Thakkar

    Jehil Thakkar, Head of Media & Entertainment, KPMG

    The Media & Entertainment sector is enthused about the fact that there is a majority verdict in this election. A majority verdict will hopefully mean a decisive government and movement on the regulatory front. This government will take office with the weight of a lot of expectations – including the expectations from the M&E industry. There are several areas that the industry will expect movement from the government which are:

     

    1. Speedy implementation of Phase III licensing in Radio and associated regulations (networking, multiple station ownership, etc.).

    2. Greater friendliness to FDI in Media. The industry is hoping that the government will raise the FDI caps in several areas including Cable to at least 74% if not 100%, DTH to 100%, Radio to 49% and progressively higher than 50%.

    3. The industry is also hoping that the government will allow the radio industry to carry news. It does not make sense that news is restricted to AIR in radio but allowed to be privatized for all other media.

    4. Solving the service tax issue for the media industry where due to content being on the exception list, a pass through option is not available. This will provide great relief to the industry.

     

    In addition, there are other issues that are not specific to media but will certainly help the industry. Rationalisation of customs duty, implementation of GST (assuming entertainment tax is part of GST) and increased focus on infrastructure development.”

     

    Apurva Purohit

    Apurva Purohit, CEO, Radio City 91.1FM

    We are happy with any government that promises to end the policy paralysis that has been operational for the last few years. The good news is that with a decisive victory of this nature there will not be in any internal pulls that will prevent the government from moving ahead with sectoral reforms. We hope to see good governance, an end to the policy paralysis and a focus on development, specifically infrastructure and thereby job creation.

     

    As far as the FM industry is concerned, we have been waiting for the last 3 years for the implementation of Phase 3 and the policy that was announced in July 2011. Unfortunately the previous government chose to do nothing; resulting in the stagnation of the industry, a failure to expand FM beyond the current 90 cities and thereby create job opportunities in the 300 more cities where Phase 3 has been planned for. This failure to expand has harmed not only job seekers, potential listeners but also small businesses and retailers who do not have the choice of a cost effective medium to advertise on to expand their businesses in these towns. We expect the government to urgently help kick start and proceed with Phase 3 of the FM deregulation – a process which by the way has the consensus of all the constituents but has not seen light of day due to the inertia exhibited by the previous government.

     

  • Last Year, This Year

     

    By Shobhana Nair

     

    The financial Year 2013-14 may have ended with some optimism given the forthcoming elections, but was the year good for the advertising and marketing services sector? We spoke to a few industry leaders to get their views about the same and also asked them to look ahead.

     

    Ashish Bhasin, Chairman India & CEO South East Asia, Aegis Group plc:

    Last year was a brilliant year for us, because it was the first year that we managed to bring Dentsu and Aegis together to form the DAN Network. We saw a lot of growth in digital, out-of-home, retail and so on. We were happy that our growth rate was two-and-a-half times more than the market growth rate and we managed to gain a lot of market share, etc. For us, it was a good year and it has set the pace for the following year. We are looking forward to more growth as we’ve gathered momentum on the basis of the growth that we had in the past few months. As a model, we have one P&L across the country so nobody is driving to sell just TV or Print to the client. We do whatever is required for the brand as nobody has an agenda. That’s giving us a huge competitive edge in the market. The idea is to give to benefit of specialization to the client.”

     

    Nagesh Alai, Chairman, Draftfcb Group India:

    “I would say advertising is inextricably linked to the macro and micro economic environment. Considering that India’s GDP growth for FY 2013-14 is expected to be sub-5 percent, the advertising industry’s growth would be in the range of 5 to 6 percent at best. FCB Ulka Group’s growth would be about 6-7%. Overall, it has been a challenging year for the industry. Given the general elections and a sort of policy and execution vacuum till the new government gets in place and that the macro-economic indicators are still in the caution mode, my personal view is FY 2014-15 is going to be no different than the previous year. There is an air of exuberance and over expectation, which may not materialise in the current year.  Note that even a country goes through economic cycles and the worst is not over yet for the Indian economy. Q 4 of the 2014-15 may show some pick-up trends.”

     

    Ashok Venkatramani, Chief Executive Officer, MCCS

    It’s a mixed bag as the first half was not good at all due to recession, slowing down of economy, the fear of ad cap getting implemented. The first half was not very good but the second half was marginally better than the first half because of the elections. Overall it has been an average year.

     

    FY 14-15 will augur well if there’s a stable or a strong government. With a Fractured mandate comes uncertainty and then I expect it to be bad.

     

    Suresh Srinivasan, Vice President (Advt), The Hindu Group:

    It was a good year for the print industry which fared better than television on an overall basis with reference to revenues. Despite subdued economic conditions coupled with low growth, high inflation and with Forex volatility the industry performed well. The growth was more or less in line with the growth projected, largely contributed by significant growths from Realty, FMCG, Retail and Consumer Durables.  Auto, Education and BFSI verticals fared lower than expectations. Rising incomes and infrastructure development in tier2/3 towns saw several retail brands expand their store presence coupled with ad expenditures.

     

    It will be one of the best years for print. AdEx on elections alone will be significant with the rupee getting stronger, stock markets hitting an all time high and with the hope of a stable and better government the economic growth will be higher leading to optimism and higher spends in print advertising.

     

    Auto and BFSI are looking poised for a revival. We are already seeing good volumes in our Tamil daily indicating there is room for good language publications and the trend should continue.”

     

    Asheesh Chatterjee, Chief Financial Officer, RBNL

    For the TV market, the growth has not been strong. The 12-minute ad cap & LC1 ratings added a lot of pressure on the TV broadcasting company. But the good news was on the digitization front as there was rapid progress. Hence, clearly it was a mixed year. With respect to our channel, Big Magic has grown steadily and there are a lot of good things that we are expecting from this year like the ad cap which will help a large number of channels as the advertising money will be spread across them including the smaller ones who otherwise were not getting inventory.”

     

    Alok Jalan, Managing Director, Laqshya Media Group:

    “It was generally a mixed year. While the year started on a good note and the first quarter was very good, things slowed down in the next two quarters and then bounced back again in the last quarter. Overall the industry growth was about 8-10%. For Laqshya Media Group, revenue- wise it was a mixed year where some verticals and markets showed very high growth while some fared below expectations. That aside, we have looked at new areas to expand our footprint in terms of media ownership.

     

    I feel 2014-15 will be a turnaround year for advertising and marketing industry. I believe that we will see early signs of revival from the first quarter itself and second half of the year is likely to be substantially better. Also industries like BFSI, Auto and Real Estate who were less active in the current financial year will become more active in the coming year by putting more media investments on the table. What I am also looking forward to seeing is the growth of digital OOH advertising in India… it is quickly becoming crucial to the transitioning media ecosystem.”

     

    Roshan Abbas, Managing Director, Encompass Events:

    2013 has been a good year for us! We focussed on new business development and got on board brands as diverse as Datsun, Fortis, GVK, Eicher, Samsung etc. Encompass has remained a leader in the business. I asked about 20 agency members of the Event and Entertainment Management Association (EEMA) and most have said the year saw a lot more competition and no growth. Those who focussed on internal cost management or capability building have improved margins while the ones who have invested in IPs over the long term are hoping for a profitable return soon. There were multiple new arena-based events and detonation festivals from EDM to Wellness, etc. but the jury is out on spend versus return.”

     

    Neeraj Roy, MD and CEO, Hungama Digital Media Entertainment Pvt. Ltd:

    “FY 14 has been one of the most challenging years for the VAS economy in India because of the implementation of the TRAI directive which was initiated back in     FY 13 and had a subsequent implementation in July 13. Therefore in the back of that, across the board there would have been very vast erosion. Around the same time, telecom companies were grappling with challenges of cancelling licenses to overall costs going up in this way. It’s really been one of the difficult challenging years. As a company which has been the leader in the industry, we had to experience it the same way. Fortunately for us, there are other areas where we focussed like the gaming industry & the international markets. It’s been a tough year but has only made us more determined & gritty. I don’t see the market turning in an extremely positive territory immediately in the coming financial year. I believe the first 6 months will be extremely crucial as the new government comes into power. It is important to know what will be their outlook towards the telecom economy as it needs a lot of policy driven direction. If that is done then I think it will set the pace for the growth phase in the next couple of years. In FY 15, I would say I am cautiously optimistic about FY 15.”

     

    Jaideep Shergill, CEO, HANMER MSL

    We follow a calendar year for global reporting so that’s January to December, 2013. The year was good for us and we grew. In fact the first two months of 2014 have also started on a good note. In my assessment, the industry grew at about 10 percent overall.

     

     

     

    Sabyasachi Mitter, Managing Director, Interface Business Solutions (I) Pvt. Ltd:

    “I think overall 2013-14 was a tough year for the industry. The rising dollar, political paralysis and an overall depressed sentiment led to a lot of cautious approach by marketers. A lot of independent digital agencies got acquired in the last financial year continuing the trend of consolidation. On an average my estimation of growth for the digital industry would be in the range of 20%. For ibs, the last year has been good with a turnover growing 90% YOY. We have been aggressively investing in talent, research and development hence profit growths have been more modest.

     

    The initial trends point towards a great year ahead. The dollar has dropped below the psychological Rs 60 mark. There is a belief that if the elections result in a decisive and stable government at the centre, overall economic outlook would be extremely positive. On the back of the last two years of caution, this could lead to a 30-40% growth in the digital industry. We at ibs are also extremely bullish about 2014-15.”

     

  • Effie Asia-Pacific launched with C4As

    As part of Effie’s global expansion, Mary Lee Keane, President of Effie Worldwide, announced the launch of the Effie Asia-Pacific programme, in partnership with the Confederation of Asian Advertising Agencies Association (C4As).

     

    Effie Worldwide’s signature initiative, the Effie Awards, is recognized throughout the industry as the global standard of marketing effectiveness excellence. With the addition  of the regional Asia-Pacific Effie programme, Effie Worldwide’s international network now expands to 40 programmes and four regional programmes.

     

    “Given rate of changes in media, technology, consumer behaviour, and even business models, there’s never been a more demanding or exciting time to be focused on delivering effectiveness in marketing,” said Carl Johnson, Chairman of the Board of Directors, Effie Worldwide and Co-Founder of Anomaly.

     

    The Effie APAC programme, organized by the C4As and managed by Tenasia Group, will recognize effective work that has run in the Asia-Pacific region.  The C4As is a non-profit organization dedicated to the marketing communications industry and has experience collaborating with organizations in many different countries throughout the region, including North, South and Southeast Asia.

     

    “The Effie Awards is the world’s most established and recognized award competition for marketing effectiveness and we are certainly delighted to partner Effie Worldwide in organizing the Asia-Pacific program,” said Anthony Kang, Chair of C4As. A pilot APAC Effies was previously awarded in 2008 in partnership with Effie Singapore partner, IAS.

     

    Finalists and winners in all Effie programs in the Asia-Pacific region will be included in the Effie Effectiveness Index (http://www.effieindex.com), which identifies and ranks the marketing communication industry’s most effective agencies, marketers and brands by analyzing finalist and winner data from worldwide Effie competitions.

     

    “Asia-Pacific is a key subject on every global marketer’s mind, along with the ever-important subject of effectiveness,” said Daryl Lee, Global Chief Executive Officer, UM and member of the Board of Directors, Effie Worldwide. “Effie is now more than ever, the global authority on marketing effectiveness.”

     

    Srinivasan K Swamy is the Immediate Past Chairman of the C4As and representing the AAAI, Nagesh Alai is Treasurer of the association.

     

  • It’s incorrect to blame us on BARC delay, say ISA & AAAI

     

    By A Correspondent

     

    With news network NDTV suing television measurement body TAM Media Research and its principals, it’s become critical that stakeholders of the proposed Broadcast Audience Research Council (BARC) get their act together to provide an adequate framework for research and ratings.

     

    For, if industry bodies do not act speedily, the government could well step in. It was hence interesting to read IBF president Uday Shankar’s assertion that the apex bodies of advertisers (ISA) and ad agencies (AAAI) have been speedbreakers in the setting up of BARC.

     

    Nagesh Alai

    This statement of not showing enough urgency has not gone down too well with the Advertising Association of India and Indian Society of Advertisers. Said Nagesh Alai, former AAAI president and current ex-officio member: “It is unfortunate that such a comment has been passed. At the end of the day, who are the constituents of the industry? The advertisers, broadcasters and advertising agencies and each of them have a role to play. When all of these are stakeholders, how is it possible that ISA and AAAI will be uninterested in moving BARC forward? The fact remains that we have been engaging with them regularly and have come to an agreement on what the constitution of the shareholding would be; what should be the constitution of the board of governance and what should be the operating principles. All these have been captured in the draft of Memorandum and Articles of BARC, which is with the IBF.”

     

    He added: “We’ve met and agreed in principle on the key issues and have put down those things in the document as it is very necessary to start off. It is lying with them now. As I see it, it is work in progress. There is no question of us not being interested or not wanting to take this forward – how can it be? It is just not a rational statement. Just to recall, three years ago, AAAI was one of the prime movers on BARC – it was our idea.”

     

    On the current status of the draft, Mr Alai said: “As of now, the Memorandum and Article document that needs to be signed by all stakeholders is with IBF. All the recommendations in the draft have been taken jointly by the three member bodies. It is just the question of whatever is there in the draft is seen and accepted by them and we sign and move on from there. As I see it, it would take another one or two months for the signing process to take place; it all depends on how soon IBF responds now. But let me tell you that we will continue to work in partnership so that we are able to come up with a system that is robust and liked by all.”

     

    Meanwhile, when asked for its standpoint on the issue, the ISA reverted with the following statement: “The Indian Society of Advertisers, who initiated the formation of BARC based on the World Federation of Advertisers’ best practice of forming a Joint Industry Body (JIB) for television audience measurement, would like BARC to start tomorrow. We would not like to join the blamegame, as a joint industry body BARC is necessary for robust and transparent TRPs. As for NDTV versus TAM issue, we cannot comment on it as the case is still sub judice.”

     

    Bharat Patel

    When contacted, Bharat Patel, past chairman of Procter & Gamble and chairman of ISA admitted to BARC facing some tough times but said that it will be back on track soon. “There have been ups and downs but you must understand that this is a new baby and it is bound to take a long time. Also, there are huge investments involved. But then it should happen soon,” he said.

     

    On the IBF president’s statement holding the ISA and AAAI responsible for the slow progression, Mr Patel said: “It is incorrect. It’s got nothing to do with the AAAI or the ISA. As I said, these things take some time. We have reached a stage where we are finalising the articles and once that is done it should move fast.”

     

    “One must also realise that people have their own job/business to cater to,” Mr Patel added. “One has to have enough time on hand as people who are involved in BARC have their own jobs to look at too. For me, the real issue is that people are not finding the time to get together. I cannot give a timeframe at this stage as I cannot speak on behalf of other people but then it will happen soon. In fact, ISA wants to get started with it from tomorrow itself as we were the ones who initiated the global best practice JIB by the name of WFA. But you will see it happening soon.”

     

    While the statements from AAAI and ISA reiterate the commitment to the cause of setting up a credible measurement metric, it’s critical for the trio of IBF, ISA and AAAI to put aside differences and work amicably to safeguard the future of the industry. The ball for now is in the industry’s court. If it doesn’t act fast enough, the government could also be an active participant.

     

  • Arvind Sharma elected AAAI President for 2012-13

    By A Correspondent

     

    Advertising Agencies Association India (AAAI) has elected Arvind Sharma, Chairman, Indian Subcontinent, Leo Burnett as the President for the year 2012-13. MG Parameswaran, Executive Director and CEO, Mumbai at Draftfcb Ulka has been elected as the Vice President. Nagesh Alai, the outgoing President will be the ex-officio member of the new AAAI Executive Committee.

     

    When MxMIndia congratulated Mr Sharma and asked about his agenda for the year ahead, he said: “AAAI is an industry body and it is a team work. We will be meeting on August 17, where we shall be listening to each other’s views before setting up the agenda.”

     

    He added: “The industry is growing and transforming at a rapid speed, thereby also providing newer opportunities to an advertising agency for growth. The amount of monies being invested in advertising has increased, and newer avenues have opened up for investments, thus the challenge is to understand and adapt to the changes. As an industry, we need to understand what lies ahead and prepare the agencies for the future.”

     

    Other elected members of the Executive Committee include Ganesh Baliga (Fifth Estate Communications), Ashish Bhasin (Aegis Group), Nakul Chopra (Publicis Communications), Tanya Goyal (Mogae Group), Kunal Lalani (Crayons Advertising), Vinod Nair (Network Advertising), Pranav Premnarayen (Prem Associates Advertising & Marketing), Sridhar Ramasubramanian (Matrix Publicities and Media India), Vikram Sakhuja (Group M), Umesh Shrikhande (Contract Advertising) and Srinivasan Swamy (RK Swamy BBDO).