Tag: Santosh Padhi

  • Dentsu in talks to buy out digital agency Webchutney

    By Ratna Bhushan

     

    Japanese advertising agency Dentsu is in advanced talks to buy out leading digital advertising agency and consulting firm Webchutney.

     

    This will be Dentsu’s first local acquisition in the digital agency space. Network18, which holds 70.06% stake in the Sidharth Rao-promoted Webchutney Studios, is looking to exit from the alliance, two officials with knowledge of the development said. The deal size is estimated at between Rs 40 crore and Rs 60 crore for Network18’s 70.06%, which values the agency at roughly Rs 90 crore on the higher side.

     

    “Dentsu is expected to buy out Network 18’s stake in Webchutney. The promoters of Webchutney will continue to hold their stakes,” one of the officials quoted earlier said.

     

    Rohit Ohri

    Rohit Ohri, Dentsu India group’s executive chairman said: “We are looking to scale up our digital capabilities in India. Obviously, acquisition is one of the options. We are currently discussing the various options and putting together our plan.” Officials close to the development say Webchutney, which was ranked the No 1 digital agency in the latest Brand Equity Agency Reckoner, is the front-runner in Dentsu’s quest for inorganic growth in this space.

     

    Network18 had invested in Webchutney through its investment arms, Capital18 Ltd and Capital18 Fincap, in 2007. The agency, which services firms like Airtel, Microsoft, Hindustan Unilever, Marico and Titan, posted a profit of Rs 6.35 crore in the financial year 2011-2012 on revenues of Rs 21.55 crore. Network18 owns 49.42% of the shareholding through Capital18, Mauritius and 20.64% through Capital18 Fincap.

     

    Webchutney’s Rao said: “It’s very early to talk about any new alliance… nothing has been finalised as we are evaluating many options.”

     

    Sarbvir Singh, Capital 18 MD, too neither denied nor confirmed if Network18 was exiting Webchutney. “In the normal course of business, at any given point in time, we are approached by several interested parties and we speak to them as appropriate. We have no other comment to offer at this point.”

     

    Webchutney was set up in 1999 by entrepreneurs Sidharth Rao and Sudesh Samaria. The agency’s area of work includes online advertising, website design, mobile marketing and social media. Its employee strength is about 200.

     

    In July, globally Dentsu had acquired British media buying group Aegis for $4.9 billion. Back home, too, the Japanese agency has been on the prowl. In August, it acquired majority stake in creative hotshop Taproot.

     

    Founded by ad men Agnello Dias and Santosh Padhi, Taproot has created clutter-breaking ads including PepsiCo’s ‘change the game’ and Airtel’s ‘jo tera hai wo mera hai’.

     

    Denstu also has an indirect alliance with mobile marketing agency ad2c, a collaboration between Japan’s D2 Communications and Singapore-based Affle, led in India by Madan Sanglikar. In mid-August Aegis had acquired D2 Communications, a digital marketing and search agency. Indirectly, this deal gave Dentsu access to the digital space.

     

    Dentsu’s clients include car maker Toyota and electronic firm Panasonic whilst Aegis services brands such as Adidas and Philips.

     

    Digital agencies are increasingly being wooed by traditional ones. Earlier this year, Publicis Groupe bought out digital and performance marketing firms Resultrix and Indigo Consulting in two back-to-back deals. And in mid-June this year, WPP Group bought out a majority stake in Hungama Digital Services through its agency JWT Singapore.

     

    Source:The Economic Times

    Copyright © 2012, Bennett, Coleman & Co. Ltd. All Rights Reserved

     

  • TAPROOT! | Anil Thakraney:Talent & values rewarded

    By Anil Thakraney

     

    Ordinarily, I would envy Aggie and Paddy. They have landed up with mind-numbing sums in their savings bank accounts following the acquisition by Dentsu. In fact, I don’t even want to hear the numbers… that would make me feel like a very small man. Am certain this must be the feeling inside every single creative director’s heart in the Indian ad world, even if they don’t admit to it. And most importantly, Taproot has pulled off this financial coup within just three years of starting out. This is beyond dreams coming true.

     

    However, instead of feeling jealous, I actually feel very happy for them. I have never met Paddy, but Aggie I have, on more than one occasion, and I can tell you I am yet to meet a more simple, down-to-earth creative director. He is the kind of bloke who you want should win. His success will inspire a whole generation of advertising people, and not just a few eager hot shops.

     

    It’s a win-win marriage. Dentsu, which is not a name one usually associates with sparkling creative work, has bought itself a nice creative powerhouse. They must be elated. Taproot gets the scale, the logistics and the bucks they need, so they must be obviously thrilled. And for sure the Dentsu suits will leave Aggie and Paddy alone to do their own thingy. Only a silly parent would meddle with a brilliant child. So all is well, as they say.

     

    The only area of concern is this: What happens when Aggie and Paddy decide to offload their shares and retire to a beach house? There must definitely be a lock-in period of at least five years, I suppose. But what happens after that? Will Taproot be the same agency minus the two Big Brains? This is the only thing Dentsu must keep a sharp eye on. Remember, Taproot is a baby agency, it has no legacy. And if Aggie and Paddy don’t create their clones in the agency, if they don’t cultivate talent that is equally bright and hungry for success, five years down the line this acquisition may not look as rosy to Dentsu.

     

    For now, dear Aggie, bring out the bubbly. And please hire a bubbly secretary for yourself. No need to figure out airline tickets on your own anymore. You can afford her now.

     

    ***

     

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=mpWmowUtn5M[/youtube]

    PS: This is the last TVC directed by Tony Scott, the ace Hollywood movie director who recently killed himself. Incidentally, Scott directed many commercials in his career. Nothing special about this one, it’s typical soft drink trash. Only, it’s difficult to imagine suicide was on Scott’s mind while he was working on such lively stuff. Complex and unpredictable is the human mind.

     

  • The Anchor: 10 TAPROOT! TVCs that you want to watch over and over again

    By A N Chorrea

     

     

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=nIuGHTAwi1g[/youtube] Airtel: Jo Tera Hai Wo Mera Hai

     

    The new Airtel ad may seem a little inspired from the original and hence not as refreshing, but it has caught on with the youth, and guess that’s what matters.

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=pIAKKtlyi6g[/youtube] Fox Movies: Subtitles

     

    Okay, it may take a second for you to get it, but when you do, you can’t help wanting to watch it over and over again.

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=v2FviMZkX5s[/youtube] Nirma Ambulance (New)

     

    Woman power at its best… in fact it may want you to sock those men where it hurts most. (Pssst: now would you really do what the women did if you were in your finery?)

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=xeg27rv__04[/youtube] A Day in the Life of India – The Great Indian Circus (The Times of India)

     

    It’s part of the Day in the Life of India series… nicely crafted.

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=WWq3101hotA[/youtube] Mountain Dew – Dam

     

    How did he do it!? We bet every time you saw it, you had a new theory on how the young man would’ve overcome fear.

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=rVb01vfbVEw[/youtube] Mumbai Mirror

     

    Award-winning ad… need we say more.

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=kxz4WvGG7uA[/youtube] TOI Chennai – Wake up to The Times of India

     

    This is the ad that woke up The Hindu… guess that’s what matters.

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=hZIFj3VF9KU[/youtube] Pepsi World Cup Cricket 2011 promos

     

    These were fun, weren’t they… remember the Helicopter Shot?

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=dz6YylorUGM[/youtube] Aman Ki Asha

     

    Tears roll down our eyes every time we see this.

    [youtube width=”400″ height=”220″]http://www.youtube.com/watch?v=P9BlCyTD-sw[/youtube] Airtel – Har Ek Friend Zaroori Hota Hai

     

    Huge hit. Earned cult status as you don’t mind seeing it over and over again.

  • The Complete Story: Win-win for Dentsu,Taproot; big loss for WPP (from yesterday)

     

    By Pradyuman Maheshwari

     

    So is it bigger win for Dentsu or Aggie and Paddy? Both parties, one would say. It’s not that Dentsu has no creative talent, but the Taproot India of Agnello Dias and Santosh Padhi has by far been the biggest creative story of Indian advertising in the last three years.

     

    An Ogilvy, Lowe or McCann may be thriving and a Mudra has won some great awards but nothing to beat Taproot, a CxO with an international network told MxMIndia on receiving MxM’s BBM alert at 6.30 am today.

     

    Agnello Dias

    The news of the announcement was made to the staff on Monday and key clients have also been informed. The nitty gritty of the deal was completed last week and the announcement by Denstu was made on Tuesday morning 10am local time in Japan.

     

    Although some estimates (and an Economic Times report that MxM carried as part of its syndicate arrangement) say that the deal is valued at Rs 140 crore (with Rs 60 paid immediately and Rs 80 crore in earn-outs), MxMIndia learns that this amount is exaggerated.

     

    No surprises here
    By Tuhina Anand 

    Taproot India in many ways has rewritten the fate of independents in India. In fact, Taproot would be an excellent example of a successful brand created in such a short span of time. The credit for this goes to its co-founders Agnello Dias and Santosh Padhi who have never looked back since launching the agency in January 2009.Like any new set-up Taproot would have had its ups and downs but the message that came out to the world from the agency was clear that the work they produced were superlative and consistent. The agency has done some memorable work like Airtel’s Har Ek friend zaroori hota hai or Pepsi’s ‘change the game’ which catapulted them in the big league and bigger brands which hitherto were prerogative of bigger agencies.Taproot continued its association with the TOI Group which had managed to win India’s first grand prix at Cannes Lions led by Mr Dias when he was with JWT. At Taproot too this association with TOI got them recognition at international platform like Cannes. It was also recognized as Cannes Lions top 20 independent agencies in the world. So it seems like a simple success mantra where the duo let their work do the talking and in return created a substantial equity for their agency.

     

    That Taproot decided to sell its stake doesn’t really come as a surprise as the talk was doing rounds that the founders were looking for partners. In their pursuit to get partners what probably helped was that Taproot had proved its mettle in a short span and there were prospects already willing to get a share in the agency. Then their choice of partner-Dentsu Inc- might come as a surprise initially as one would have expected an international hot shop to enter India via Taproot but if one stops to think the association seems perfectly aligned. Dentsu Inc has acquired 51 per cent stake of Taproot India.

     

    Taproot gets the scale and bandwidth of Dentsu besides the moolah. In fact, the deal is just at the right time for Dentsu Inc when the Japanese major has taken full control from Sandeep Goyal and is trying to get its arithmetic right in India starting with a managerial change where Rohit Ohri, ex-JWT was roped in as the Executive Chairman forDentsu India Group and later Divya Gupta to head its media busienss.

     

    For the latter, which is not really known for its creative prowess, Taproot is just the right fit as that’s the field where the agency scores highly.

     

    The fact that Ohri and Dias have worked together at JWT also makes them familiar with each Other’s working style.

     

    On the association, Rohit Ohri, Executive Chairman, Dentsu India Group, said, “Taproot has, very quickly, become one of the most respected communication agencies in India. In fact, Aggie and Paddy are globally recognized and celebrated creative talents. We are delighted that they have chosen to partner with Dentsu. This alliance will give a significant fillip to our growth plans for India. Our collective vision is not to be the biggest but to be the best in the industry.”

     

    On how this acquisition impacts Taproot, Mr Ohri added, “Taproot’s everyday operations and management will remain unchanged. We will ensure that Taproot’s independent spirit and fiercely creative culture stays intact. It will just have a lot more firepower added through integrated communication execution capability and an all-India network.”

     

    Agnello Dias, Co-Founder and Chief Creative Officer, Taproot India said, “While we are doing alright on the creative front, we felt that we needed to add a bit more logistical and service capabilities across markets. With Dentsu as our partner we feel we can scale up several areas of our operations very quickly without losing what has been working for us so far.”

     

    Santosh Padhi, Co-Founder and Chief Creative Officer, Taproot India added, “Most importantly, we are assured that this alliance will be mutually beneficial to Taproot India and also to each one of its employees going forward, without changing our creative offering or the nature of the relationships we share with all our clients.”

     

    Taproot India brings to Dentsu 33 full-time employees and a roster of clients that includes PepsiCo, Airtel, The Times of India, Polycab, Marico, Karbonn Mobiles,Myntra.com, Mumbai Mirror, Nirma, DSP BlackRock Mutual Fund, UTV Bindass, and UTV Stars among others.

     

    A wholly owned subsidiary of Dentsu Inc., Tokyo, the Dentsu India Group comprises three standalone full-service advertising agencies-Dentsu Communications, DentsuMarcom and Dentsu Creative Impact-as well as Dentsu Media and Dentsu Digital.

     

    However, in this entire celebration one question that really comes up is that for an independent who has bigger ambitions, the only way out is to become a part of a bigger network. In earlier MxM India’s conversation with industry players, some of the successful independents like Raj Kurup of Creative Land Asia and Manish Bhatt have voiced their opinion to remain solo. Mr Bhatt had explained to being open to partnerships but not a sellout. Mr Kurup had clearly stated, “I have started CLA with the prime motive of building it up, selling it definitely not in the plan.” (See: Stay solo or scale up with a biggie? http://www.mxmindia.com/2012/07/ stay-solo-or-scale-up-with-a-biggie/)

     

    With Taproot’s decision to go with Dentsu, the question of staying solo or scaling up with a biggie becomes much more relevant for the independents.

     

    The company is not valued above Rs 100 crore, and the amount paid to Messrs Agnello Dias and Santosh Padhi (both of who own equal stake) would be in the region of Rs 40 and 50 crore, we learn.

     

    Santosh Padhi

    There is an element of earn-out, but this depends entirely on the performance of the agency. So it could Rs 80, 180 or even 40 crore, is how one Dentsu insider told us after the announcement was made.

     

    Big loss for WPP

    There were many suitors for Taproot. While Publicis and Omnicom (via TBWA) were out of the race early, the choice was between Dentsu and WPP. In fact, MxMIndia learns that it was a decision that had to be taken by Messrs Dias and Padhi.

     

    WPP sources told MxMIndia that they were taken by surprise that the deal had been inked, as they were still hopeful that Taproot would pick them.

     

    So why was Dentsu chosen and not WPP, which has a huger presence in India and internationally. Ironically it’s WPP’s ‘bigness’ that’s perhaps one of the biggest reasons. While Dentsu has various arms, it is essentially one company in India, whereas WPP has various separate entities in Ogilvy, JWT, Group M and its new digital, BTL, etc interests.

     

    What Taproot realised in its journey is summed by Aggie’s statement in a Dentsu release: “While we are doing alright on the creative front, we felt that we needed to add a bit more logistical and service capabilities across markets. With Dentsu as our partner we feel we can scale up several areas of our operations very quickly without losing what has been working for us so far.” And this scale could be provided by Dentsu and not WPP was the thinking. The comfort factor with Dentsu was also greater, given the opportunities to grow.

     

    The likelihood of Taproot growing in the Dentsu fold is greater than it is with WPP.  There are big agencies like Ogilvy and JWT with WPP and folks like Piyush Pandey, Bobby Pawar etc who would always be centrestage and may try and pull rank given their seniority in the business. Not so with Dentsu, where even though there is talent within the India set-up, Taproot will have a star presence.

     

    Rohit Ohri

    Victory for Ohri, Future within Dentsu

    That the acquisition happened is a big feather in the cap for Mr Rohit Ohri, Denstu India’s executive chairman. It is Mr Ohri who is said to have initiated the discussion and gave the comfort factor to the Taproot co-founders.

     

    Some industry folk may remember there was a minor skirmish between Mr Ohri and Mr Dias when Taproot was awarded a Pepsi campaign and Mr Ohri was still at JWT heading Delhi operations, but all of that is history. In fact one of the main factors that Aggie and Paddy have inked the deal is the relationship with Mr Ohri.

     

    It may be noted that the stake sale deal has been signed with Dentsu Inc and not Dentsu India, and the reporting is to the Board of Dentsu headquartered in Japan. The other advantage this offers is that the fortunes of Dentsu India and the vagaries of its business will not impact Taproot. So, clearly while Mr Ohri is Dentsu’s face in India, Taproot will not report to him.

     

    What if?

    There is a three- to five-year lock-in period for most such deals, and the arrangement with Messrs Dias and Padhi is said to be of five years. However, there are various possibilities in the future as Dentsu grows in the scale post the Aegis acquisition and India becomes a bigger play for all advertising networks. The Dentsu insider we spoke to also said one shouldn’t be surprised if either Mr Dias or Mr Padhi or both could be given bigger roles in India or internationally.

     

    Since the deal helps both Taproot (scale, international network) and Dentsu (grow in India, creative powerhouse in its fold) the chances of a break-up are remote in the short and medium run, but even if there is, there will be no financial implication to monies paid out.

     

    Meanwhile…

    The papers are signed, the money may well be in the bank. There are no governmental clearances needed. People who do know Aggie and Paddy, as they are known in the industry, are aware that they have an easy, simple lifestyle. So don’t expect a cruise to the Bahamas or Hawaii or some such. The dosh will be well-invested. For the moment, it is getting used to being called Aggie San and Paddy San.

     

     

  • Dentsu acquires 51% stake in Taproot, Management (&creative) controls stay with Agnello Dias and Santosh Padhi

    By Ravi Balakrishnan

     

    Japanese advertising behemoth Dentsu has acquired a 51% stake in Taproot, arguably the most creative among the Indian independent advertising agencies.

     

    Taproot's Agnello Dias (left) and Santosh Padhi (right) with Rohit Ohri of Dentsu (centre)

    With several of the most popular recent campaigns like ‘Har Ek Friend Zaroori Hota Hai’ and ‘Joh Tera Hai Woh Mera Hai’ for Airtel and ‘Change the Game’ for Pepsi under its belt, the five year old agency has seen a meteoric rise. It’s also won critical acclaim; the most recent being a Gold Lion at Cannes along with Ramesh Deo Productions for the ‘I Am Mumbai’ film for Mumbai Mirror, a newspaper from the Times Group, which also publishes The Economic Time

     

    The managements at both Dentsu and Taproot declined to discuss the financial aspects of the arrangement. Industry observers estimate the initial upfront payout at Rs 60 crore with another Rs 80 crore expected in future earn-outs

     

    In a global deal in July, Dentsu had paid $4.9 billion for British media buying group Aegis, valuing the company at 12 times its earnings before interest, taxes, depreciation & amortisation.

     

    The Economic Times had reported in June that Dentsu among other agency groups was speaking to Taproot about a possible acquisition. Says Rohit Ohri, executive chairman, Dentsu India group, who has previously worked with one of Taproot’s founders Agnello Dias at JWT: “They (Taproot’s co-founders & chief creative officers, Dias and Santosh Padhi) could have chosen anyone. What convinced them about Dentsu is that we are very entrepreneurial and evolving; and more willing to look at out of the box ways of working.”

     

    Adds Dias: “We felt it was the right thing to do. Of all the conversations we had, we felt most comfortable with the equation we were sharing with Dentsu. Another reason cited is Dentsu’s global strengths in the digital medium and that it is currently the leading network in Asia.

     

    Taproot will retain its identity and won’t be rebranded. Although Dentsu is a majority owner, management control of the agency continues to rest with Dias and Padhi. Dias says, “In terms of changes, there’s nothing in the pipeline. I think even Dentsu is saying ‘why should we upset a system that’s doing so well’?”

     

    What the arrangement brings Taproot is integrated communication, superior execution abilities and a national network. As far as Dentsu is concerned, Taproot, says Ohri, “is really the creative firepower we needed in the group.” However, the firepower is not likely to be immediately applied to any of Dentsu’s current client relationships.

     

    Both partners believe that Taproot will step in only when needed “on a case by case basis” according to Padhi. Interestingly enough, two of Taproot’s most productive client relationships have been with Airtel and Pepsi, brands that Ohri worked on in a previous stint at JWT. Ohri regards this as “a great bonus”, but he cites the talent of the two principals at Taproot and the chemistry with senior management at Dentsu as the main reasons for the merger.

     

    Among a spate of recently launched creative-led independent agencies which include Creativeland Asia and Scarecrow Communications, Taproot has arguably been the most successful with several marquee campaigns to its name for Airtel, Pepsi and The Times Group.

     

    The agency was founded in 2008 when Dias (then national creative director at JWT) decided to join forces with former colleague Santosh Padhi (executive creative director at Leo Burnett at the time). The 33 person strong agency has been particularly successful in wresting business from Dias’ former employer JWT, landing prestigious assignments from Pepsi and Airtel.

     

     

     

    Source:The Economic Times

    Copyright © 2012, Bennett, Coleman & Co. Ltd. All Rights Reserved

  • Karbonn Mobiles mandates Taproot for its creatives

    By A Correspondent

     

    Karbonn Mobiles, the leading mobile brand in Indian telecommunication eco-sphere, has announced the appointment of Taproot as its creative partner. Going forward, Taproot will focus on Karbonn Mobiles’ 360 degree creative and marketing communication.

     

    On having Taproot on board, Shashin Devsare, Executive Director, Karbonn Mobiles said: “We are happy to have Taproot as our creative partner. They will be responsible for providing 360 degree creative inputs on TV, Print, Digital and retail merchandising. After successfully creating a wider brand awareness and deeper penetration in domestic and international markets, our next step is to focus on solidifying the brand imagery of Karbonn Mobiles across markets. Taproot came across as the best choice, considering the innovative approach and understanding of the brief. Taproot has a track record for building iconic brand communication strategies for the best domestic and global brands. We are confident that our association with Taproot will help us engage better with our consumers. ”

     

    Karbonn Mobiles has now selected Taproot to build up strong brand imagery in Indian and global markets. The communication focus will be on smart product portfolio, and building up a distinctive niche for the smartphone and tablets segmentation in the Indian mobile market.

     

    Santosh Padhi, Co-founder & Chief Creative Officer, Taproot India said that the average age of Taproot India is about 24 years old and that perfectly fits the need of the solid, aggressive and youthful Indian brand called Karbonn Mobiles: “All the three parties – Karbonn, Taproot and our TG – are very young by nature and I feel that’s what will work in this relationship.”

     

    Karbonn Mobiles has also recently introduced its nuevo brand extension christened ‘Karbonn Smart’ under whose umbrella the new range of technologically advanced products from the stable will be marketed. Intended to become a one-stop-shop for all the technologically advanced needs of the highly enlightened Indian mobile consumer, the ‘Karbonn Smart’ eco-system will make them privy to all the technical and mechanized developments in the Indian mobile ecology.

     

    Manan Mehta, Managing Partner, TaprootIndia said: “There was no formal pitch involved in the whole process. We presented our credentials and shared our view on the brand’s way forward and decided to join hands. Karbonn Mobiles has demonstrated sturdy performance during the FY11-12 amidst intense competition. This is a proof of them being a true Indian brand and our inspiration to partner them.”

     

  • Taproot’s new TRIP

    By A Correspondent

     

    Taproot India Communications Pvt. Ltd has announced the launch of TRIP (Taproot India Plus), a Creative Execution & Services unit specializing in non-mass media and production activities for the advertising, publicity and marketing industry.

     

    The undeniable truth in mass communication is that any idea is only as good as its execution. Any powerful idea can meet a premature end, if the execution is not up to the mark. Many a times, the extension of a TV, press or outdoor campaign is left with limited innovation, and not looked upon with greater attention to details. Yet, very often, that is the only face of the brand that the consumer interacts with. It is not only about the standard BTL, but every single experience point where a brand has a connect with its consumer. For example, POS, brand signage, in-shop displays, merchandise, exhibitions and events and so on. TRIP, with its core competencies in the above mentioned activities of high end, high value production, hopes to change all that.

     

    Agnello Dias said: “This sort of service does exist in international markets where once the big idea is arrived at, the creative services execution team, with their practical knowledge of on-ground and retail space takes the idea forward in a more engaging, entertaining and effective way. To the extent that at times most clients do brief these set of team independently like one does to a research or a digital agency”.

     

    TRIP believes that a positive approach, understanding of the medium, innovative thinking, huge industry experience and an eye for perfection can make all non mass-media touch points play a far stronger role in the communication mix than they do today, which is merely a support or reminder to the main communication units.

     

    Santosh Padhi said: “The industry spends on retail/on-ground/merchandise are already steep, but sadly, the quality needs to improve much more to honestly justify those spends. The industry has moved ahead quite a bit on film production in last five years with our television work looking far better than what it was a decade back. But we are yet to do the same in other areas.”

     

    Purushottam Joshi

    TRIP will be based out of Mumbai, but Taproot’s multi-city network tie ups can support national level requirements too. It is headed by Purushottam Joshi, who is also a partner in this unit; Mr Joshi will be leading this unit as a director and will be the face of this unit with an experienced team under him He has over 25 years of experience in the advertising and print industry. He has worked in large agency networks such as JWT, Euro RSCG and Mudra where he played a key role in successfully leading the Art and Production function and transforming them into critical divisions for those agency’s clients.

     

    With his deep knowledge and vast experience of the industry, Purushottam Joshi, Director of TRIP, feels: “There is a disconnect between what kind of state-of-the-art technology available in the market versus what’s being used or rather how it’s being used to reach consumers.” In fact, he is positive that ventures like TRIP can bridge the divide between brands and consumer across non mass-media touch points in a more relevant and effective way.

     

  • AdStrat: Fox Movies subtitle campaign

    Santosh Padhi, CCO & Co-Founder, TapRoot India

     

    1. Name of the Campaign: Fox Movies subtitle campaign

     

    2. The Brief:

    English language channels had struck a chord with the audience in non-English speaking markets due to subtitling. Of course, the next sphere of offering was the regional feed. This allowed the English channels to be relevant and come closer to their audience. Thus, this campaign was conceptualized with the brief of making the audience aware that Fox Channel is available inSouth East Asiain regional language.

     

    3. Research insights:

    No research was done as there was a simple thing to communicate.

     

    4. The thought process behind the creative:

    Since we had to communicate that Fox Channel now offers subtitle-free movies, so the product promise is generic, the challenge was how to say it in a way that Fox Channel is on the top of the mind. We thought whatever we say, it has to be entertaining in the first place, which is why one watches movies, hence a humorous approach. Since it was targeted for the Thai audience, the second challenge was not just humour, but very distinctive humour as they are known for their mad humours. We decided to highlight the problem, the whole idea of the campaign or creative device based on simple behaviour of the person who watches movies with subtitles.

     

    5. Media vehicles chosen: TV, Print and Outdoor

     

    6. Key issues kept in mind while executing the ad:

    The ad should be entertaining and fun and humour should be top of the mind.

     

    7. Does the treatment do justice to the brief?

    Yes, it’s bang on to the problem being highlighted to make the point.

     

    8. What according to you is the differentiating factor about the ad?

    Simplicity and humour.

     

    9. Market and client feedback:

    The client loved it. That’s the reason it is on air in Thailand. But it is too early to get a market feed back.

     

  • Global ad biggies like Omnicom, Publicis & Dentsu in hectic parleys to buy Taproot

    By Neha Dewan & Ravi Balakrishnan

     

    In 2011, when Taproot snatched two big-ticket assignments, PepsiCo and Airtel – both JWT clients – the joke was that JWTstood for Just Went to Taproot.

     

    Now JWT may just have to be shuffled around to become TJW – or Taproot Just Went – now that a clutch of global ad networks are in hectic parleys with the founders of the five-year-old independent Indian agency. Those in the fray, said a person familiar with the negotiations, include the Omnicom group, Publicis and Dentsu.

     

    Agnello Dias, chairman and co-founder, Taproot India, said: “There are three or four groups talking to us and Dentsu is one of them. It doesn’t have any head start and we are no closer to signing a dotted line (with Dentsu than with any other network).”

     

    A Dentsu spokesperson was unavailable for comment. Nakul Chopra, CEO, Publicis South Asia, said: “We don’t comment on acquisitions of any nature.”

     

    Taproot’s co-founders Dias and Santosh Padhi are clearly testing the market and checking out valuations, said an agency insider. But this may not tantamount to an immediate sale.

     

    “The global groups are speaking not just to Taproot but also to other independent agencies like Creativeland Asia. We are open to talking to anybody but at the end of the day it may not be Dentsu, Omnicom or anybody. We would just like to get an idea of how much we are worth and valued at,” is how the insider who requested anonymity put it.

     

    The agency, which had a slow beginning in 2007, eventually moved on to big clients. Campaigns such as ‘Har Ek Friend Zaroori Hota Hai’ (HFZ) and ‘Change the Game’ for Pepsi got popular acclaim as well as industry  accolades with HFZ winning seven medals at Goafest this year.

     

    At Goafest, considered the premier local ad festival in India, Taproot was runner-up to Ogilvy India, clinching 34 metals and beating top agencies such as Leo Burnett, DDB Mudra, Grey and JWT. Besides this, the agency had won the Grand Effie award last year for the ‘Change the Game’ campaign.

     

    In its fifth year, the agency runs a tight ship with 35 people on board. A senior official at a leading ad agency says that Taproot has had to turn down a lot of projects in the past year.

     

    “Funding via a sale of equity will help them increase their capabilities,” he said. For now though, a more interesting game is afoot with Dias and Padhi playing their cards very close to their chest.

     

    Source: The Economic Times
    Copyright © 2012, Bennett, Coleman & Co. Ltd. All Rights Reserved

     

  • Taproot’s ‘sexy’ humour for Fox Movies

    By A Correspondent

     

    The new campaign being aired for Fox Movies Premium, an Asian movie channel owned by Fox International Channel, subsidiary of News Corporation has created a lot of buzz. The campaign was created for the Thai market, and the film was shot inBangkokwith some lead actors from their TV industry.

     

    Santosh Padhi, Chief Creative Officer & Co-Founder TaprootIndiasaid: “The brief was very simple to communicate that Fox Channel now offers subtitle free movies, so the product promise is generic but the challenge was how to say it in a way that Fox Channel is on the top of the audiences’ mind. We thought whatever we say had to be entertaining in the first place, which is why one watches the movies, hence a humorous approach. And since it’s targeted for the Thai audience, the second challenge was a very distinctive humor as they are known for their mad humors. We decided to highlight the problem. The whole idea of the campaign or creative device is based on the behavior of the person who watches movies with subtitles.”

     

    Razneesh Ghai, film director, Asylum Films said: “The rampant usage of subtitles has taken away the cinematic experience of watching films. It has now become a habit to read the subtitles, taking your eyes off the action. We took this simple problem and highlighted it in a funny manner. The humour in the film is very subtle and not in your face. Also, there had to be a simple thread of communication to convey it to a global audience (since subtitles are everywhere!).”

    Manan Mehta, Managing Partner TaprootIndiasaid: “English language channels had struck a chord with the audience in non-English speaking markets due to subtitling. Of course, the next sphere of offering was the regional feed. This allowed the English channels to be relevant and come closer to their audience. Thus, this campaign was conceptualized with the brief of making the audience aware that Fox Channel is available inSouth East Asiain regional language.

     

    From January 1, Star Movies was rebranded Fox Movies Premium and was available inHong Kongand selected Southeast Asian countries. InIndia,China,Vietnam,Middle East,Taiwanand thePhilippines, the Star Movies brand will continue to be the same.

     

    TaprootIndiahas been handling Fox International Channel for theSouth East Asiamarket for last few years.

     

    CREDITS:
    Agency                                                            TaprootIndia

    Creative Director                                            Santosh Padhi, Agnello Dias
    Writer                                                              Santosh Padhi

    Account Servicing                                           Manan Mehta

    Director                                                           Razneesh Ghai ( Razy )

    Producer                                                          Anju Vaswani

    Associate Producer                                         Bhavna Singh

    Editor                                                              Jay Chandran

    Sound Design                                                  Joseph George

     

    THAI CREW

    Line ProducerThailand( Picnic Features)     Kornpanote Semros

    Director of Photography                                  Sinthop Sophon

    Art Director                                                    Achira Nokthet

     

  • Taproot delivers a fragrant tale for ‘Z talc’

    By A Correspondent

     

    Having charmed some of its large clients with awe-inspiring ideas and execution, creative hotshop Taproot India has just finished work for another brand called ‘Z talc’. The talc is from the stable of Argus Cosmetics, the manufacturers of a range of personal care products.

     

    Explaining the rationale for the ongoing promotional activity, Mr Sundar, Managing Director, Argus Cosmetics Pvt Ltd said: “We launched “Z” Magnetism talc for men in April 1992. Our strategy at the time of launch was to create premium cosmetic products for the discerning male consumer. ‘Magnetism for Men’ is our endeavor to build on this strategy, and offer more personal care products for upwardly mobile men.” Mr Sundar added that they intended to target the metrosexual male as it is common to find men these days going to the parlours for a facial or dying their hair, and so on.”

    Throwing light on the new commercial, Mr Sundar said: “We have created this TVC to accelerate our growth, and create a strong brand. Thus far, our growth has come from building distribution, we now want to create heightened awareness and pull for brand ‘Z’.”

     

    On the objective set out for the agency, Manan Mehta, Managing Partner, Taproot India said: “With the business growth plans in place, the attempt was to consolidate the current market and look to engage with the fence sitter in the future markets. The overall exercise was to refresh the brand without losing its essence and present it in an alpha avatar that reflects today’s consumer aspirations and their lifestyles.”

     

    Providing a more analytic insight, Santosh Padhi, CCO, Taproot India said that according to research, about 30 per cent females use the product not because it’s lying on the dressing table, but because she is in love with its fragrance. “The positioning ‘Magnetism for Men’ was carved on the brand two decades back, since than they have been using it on retail space, hence we too decided to take the same positioning forward.” He added: “The brand name “Z” sounds very international, strategically we decided to keep the perception of it being a international brand hence the whole treatment of the film is very international.”

     

    The campaign is currently on air in Maharashtra and Andhra Pradesh and is expected to go national soon.

     

     

    Credits:

    Agency: Taproot India

    CD: Santosh Padhi, Agnello Dias

    Writer: Santosh Padhi

    Client Servicing: Manan Mehta

    Director: Razneesh Ghai

    Producer: Anju Vaswani

    Associate Producer: Bhavna Singh

    DOP: Kavin Jagtiani

    Editor: Jay Chandran

    Post Production: Prime Focus

     

  • Disappointed at not winning the Grand Prix: Agnello Dias

     

    By Anil Thakraney

     

    Taproot’s Agnello Dias and Santosh Padhi ‘changed the game’ for Pepsi. And they’ve done ditto with the Indian ad world. Their huge, rapid success has prompted many creative directors to sit up and seriously consider starting their own little shops. Some have already branched out.

     

    Creative hotshops aren’t a new phenomenon in this country. Ravi Gupta, elsie Nanji and Mohammed Khan opened their boutiques many years ago. What’s different with Taproot is that they have been doing stunning work for large clients. Like Pepsi, TOI and Airtel.

     

    This makes the agency path breaking and special. In just three years they have won more Abbies than the number of people in their office. Including peons.

     

    I meet Agnello Dias for some steaming Southie fare at King Circle’s Mysore Cafe. As India’s most happening creative director shares his mantras and his plans for the future. Aggie is that rare advertising individual who listens more than he speaks. And that perhaps is one of the key reasons behind his enviable success.

     

    The last time we met was three years ago. You were running around buying computers and aircons for your new agency which had still to be named. How’s the journey been?

    It’s been like mounting a tiger you can’t get off because things have moved so fast in so many different ways. In terms of the actual structure of the agency and in terms of the actual advertising work.

     

    Did you expect to scale such heights?

    No. I had an idea where I would be and it was much lower than this. I thought we’d be a little quieter and much less in the spotlight. But things have happened and not in the way I thought they would.

     

    Runner-up agency at Goafest. That is something you would never have imagined three years ago.

    (Smiles). No! We knew we’d do well, we knew we had a couple of good campaigns. But statistical superiority was something we never expected.

     

    You must be a proud man.

    (Thinks.) Yeah. It was quite a pleasant surprise. I am proud but it’s also slightly unnerving because I wouldn’t like us to be measured against this every year. Though we are cognizant of the fact that it’s any given Sunday, and that the same jury judging the same work again today may have a different result.

     

    Disappointed that your ‘Har ek Friend’ work (Airtel) didn’t win the Grand Prix?

    Yes. It would be a lie to say that we weren’t disappointed. Because one was always given to believe that a Grand Prix isn’t just about good work, but also about work that has serious impact. And we felt it did have that impact, but the jury thought otherwise. (Shrugs.)

     

    Any major improvement needed in the Goafest judging process?

    I think we, as an industry, stretch ourselves too thin to find hundred judges. And so we end up having, to a certain extent, judges who are not yet ready for judging. One way to solve that would be to have two categories entirely judged by one set of judges. That itself would bring down the number of judges to fifty. That way we will have a far more concentrated, mature bunch of judges. I judged at the ‘One Show’ and it is the exact opposite out there. One jury judges everything. It’s a nightmare but it can be done.

     

    Don’t you at times miss the comfort of a large agency?

    I am not sure comfort is the right word, but definitely the conveniences. Figuring out your own airline tickets, talking to directors and producers about edit commissions, rates, etc because we don’t have a secretary and a films department. But one doesn’t really miss the conveniences because one is so engrossed in what one’s doing.

     

    Do you have a client servicing team and account planners? Are you following the structural format of traditional agencies?

    We don’t have pure strategic planners. We have servicing guys but the ratio would be the opposite of a large agency. It is 5:1 in favour of creative people. We have a managing partner, his name is Manan Mehta. He’s just about 28 years old and he’s the senior most servicing guy we have.

     

    Are you looking to expand into other cities?

    The only option we talk about is Delhi. We are looking at it, though it may not happen.

     

    How many clients do you have?

    Maximum ten.

     

    Want more or are you happy with that?

    If we have to do more than this we will have to hire more staff.

     

    When you started out you said to me that you guys don’t want to be a large agency. That the day you feel you aren’t able to give personal attention to clients you’ll shut down. Has that view changed?

    (Thinks.) It may be on the cusp of changing. Because so far we have been giving personal attention and therefore we aren’t taking on more clients. We are putting them on to other agencies. We are currently contemplating within the office on where we want to be. If we take on more people, they will be one step removed from Paddy (Santosh Padhi) and me. But we haven’t decided that as yet.

     

    What does your own heart say?

    I think one level removed is still fine. But no further than that. We don’t want a large reporting structure.

     

    Does money spoil?

    Yes, it does.

     

    Rumours have it that Aggie and Paddy are looking for investors to sell the agency and cash in.

    When the multinational networks come to town, they do meet us. We do meet them and talk about exactly this. But in this industry you can’t just sell and go away because no one will buy that. So even after an equity sale we will have to be around for at least five years.

     

    But you will still make a killing. Find that tempting?

    Yes, it is tempting. We have been talking to various people but it’s not worked out inside our heads.

     

    Basically they aren’t making offers you can’t refuse.

    Yeah, possibly.

     

    Okay, enough corporate talk. Let’s move to more interesting stuff. Like creativity. How do you go about creating an ad? Any mantras up your sleeve?

    The process is the same. But within that process there are a few quirks I personally have. We try to push a little more even after we’ve cracked it. We try not to go home early. It’s good old fashioned hard work.

     

    One campaign you’ve done at Taproot that you are most proud of.

    The ‘TeachIndia’ campaign (Times ofIndia). It was good creative and it’s also something I identify with.

     

    With ‘Har ek Friend’ I felt you guys have a good understanding of Young India. Did you hang out with the kids, or was that gut feel work? Do you research before starting out?

    Yes, I do. I try to walk the streets, I walk from Matunga (home) to Mahim (office) many times. I stop at all kinds of shops and observe. I once ordered from the teleshopping network just to see how the packet arrives. And I do these things even when there’s no brief. Also, what’s worked for me is that I get fascinated by people who disagree with me. I like to spend more time with them. I think it’s important for all young people in advertising, or anywhere else, to create a persona where people feel comfortable enough to give them negative feedback.

     

    When you hire, what is the one thing you look for in a young creative person?

    First, I look for resilience. Creative stamina. Because unless you come back as equally strongly as the last time, you will not have a long, successful career. Another thing is keen observation. People who notice things in a room which others don’t. And they should be good listeners.

     

    The biggest challenge facing the creative director of today.

    I think most national creative directors in large agencies are good. But the structure has turned on itself in such a horrible manner that they have no choice but to be so thinly spread that they are not able to do justice to a particular brand. And the reason for that is the accumulation of overheads by large agencies. So instead of one, you have to focus on eight other accounts because there are eighty other guys sponging off that account. See the number of designations going around. So the agencies should free their creative directors from having to do so much.

     

    What will the ad agency look like ten years from now?

    I can’t say ten or fifteen years, but the business will become craft agnostic. For example, there are some people who are creative thinkers or planners. And there are some who are not thinkers but craftsmen. Now these guys, because of their high level of craft, become indispensable. And they are given designations or titles which is actually a function of creative thinking. So good art directors become creative directors and attend research briefings though that’s not their core competency. In the future I see press ad shops, where you can get a press ad made. Or film scripting shops. And the ad agency would be a bunch of free thinkers. I think the unbundling of advertising will move to the unbundling of creative.

     

    Having said all this, is there one senior creative director you do admire?

    (Thinks for a long time.) I like Rajiv Rao (O&M). I think he has a naturally keen eye for aesthetics. He has the ability to boil complex problems down and come up with simplest solutions. And that’s visible in the Vodafone work.

     

    Didn’t you admire the way The Hindu hit back at your campaign for TOI, Chennai? even though it’s a rival brand.

    Yes, their response was very good. It’s a good contest. They could have done the crafting a little better, but otherwise it was very good.

     

    Was there any self-doubt when you started out? During the beginning period?

    Yes, there was a lot of self doubt. In fact, apart from The Times, for some time we had very little business. So we just decided to lie low and consolidate. We were open to the fact that we may have to find jobs again. even now if it doesn’t work out we’ll go and apply for jobs in creative agencies.

     

    One thing about the ad world you don’t like.

    The irrational level of competitiveness. I think it’s great to want to do better, but I wouldn’t applaud somebody else’s mistakes. For example, take the case of hard boiled sweets. Now every client wants to do wacky work in this category because someone started doing it. That’s great news for the whole category. The same thing is happening with electricals. Because of Havells we can’t do a normal ad anymore. We should applaud the people who started it, those who belled the cat. So what I am talking about is the difference between healthy and ruthless competition. The ruthlessness is what I don’t like. The attitude that ‘I didn’t do better so I will pull the other guy down’.