MxMIndia

Tag: TAM Media Research Pvt Ltd

  • Puneet Avasthi &  Shuvadip Banerjee are elected VPs for 2024-27

    Nitin Kamat is President, MRSI

    Market Research Society of India (MRSI), the apex body for market research in India, has announced the formation of the Managing Committee for the tenure of 2024-2027. Nitin Kamat, Chief Growth & Partnerships Officer, TAM Media Research Pvt. Ltd was elected President and takes over from Paru Minocha, Managing Director, South Asia, Insights Division, Kantar. Kamat worked as the treasurer for MRSI’s Managing Committee 2022-2024. He was also part of the MRSI’s ISEC Committee.

    Additionally, Puneet Avasthi and Shuvadip Banerjee were elected as Vice-Presidents, Anila Vinayak as the Secretary, and Parijat Chakraborty as the Treasurer for MRSI. The new Managing Committee was announced at MRSI’s 36th Annual General Meeting held on Thursday in Mumbai.

    Congratulating the newly elected President, Paru Minocha, Managing Director, South Asia, Insights Division, Kantar, and outgoing President of the Market Research Society of India said: “I am grateful for the unwavering trust MRSI members placed in the current Managing Committee. Key initiatives like the launch of the Socio-economic Classification System, ‘ISEC’, and the Market Sizing report of FY 2022-23, have given a new direction and scale to the vision of the association going forward. As I pass on the baton, I wish the incoming Managing Committee under the leadership of Nitin Kamat all the best.”

    On being announced as the newly elected President of MRSI, Nitin Kamat, Chief Growth & Partnerships Officer, TAM Media Research Pvt. Ltd., said: “I am honoured to take forward the role of MRSI President. The market research industry has seen a seismic shift, making it crucial to stay ahead of the curve. My focus will be to engage new minds, to not only maintain existing standards but also implement a new set of ideas and initiatives. In addition to building MRSI’s three Pillars – Profile, Pride, and Network, I firmly believe, ‘Building Trust’ is another crucial pillar that we will work upon. I look forward to strengthening global connects, deepening government connects and driving more initiatives for active participation from regional players. I am confident of achieving these goals along with the new elected managing committee members.”

  • The panel debated the need for new matrices of measurement which can complement the conventional audience measurement matrices

    INMA 2012: ‘Industry needs currency that measures across platforms’

     

    By Shruti Pushkarna

     

    Basant Rathore
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    Like Day 1, Day 2 of the 6th INMA annual South Asia conference also witnessed some interesting panel discussions pertaining to issues facing the news industry today.

     

    The first half witnessed an engaging session on, ‘Increased Circulation, Dwindling Readership: Is It Time to Measure “Access”?’ The session was moderated by Lynn de Souza, Chairman & CEO, Lintas Media Group. The panelists included Paritosh Joshi, Independent Media Professional & Board Member of MRUC; LV Krishnan, CEO, TAM Media Research Pvt Ltd; and Basant Rathore, Vice President-Strategy, Brand and BD, Jagran Prakashan Ltd.

     

    The panel debated the need for new matrices of measurement which can complement the conventional audience measurement matrices, as today the audiences are increasingly becoming platform-agnostic.

     

    Ms de Souza said: “People seem to be very attached to these numbers. But while numbers are important, we need a currency that goes across platforms. We need to be able to measure new forms of readership. From circulation and readership, we need to change our metric to media access.”

     

    Lynn de Souza
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    Mr Paritosh Joshi shared a similar view on the need to look beyond the primary level numbers which he felt are out of date. He said that there are two sorts of media consumption today, structured and unstructured. It is equally important to be able to measure and take into account unstructured media consumption. Just as there are enough screens available today and not just the traditional TV box, he said, the newspaper is not just in the traditional paper form, it is available in other forms across platforms.

     

    Mr L V Krishnan talked of two news aspects coming out in the digital world: “One is the increasing access which is changing things dramatically. The other is multiplicity of brands transiting between different mediums. For instance, a Bombay Times with Zoom or an ET Now with The Economic Times. The nature of one medium declining and the other growing will depend on what the creator of the brand wants to deliver via a particular medium.”

     

    While there was agreement on the importance of numbers and currency, the panelists also highlighted the need to move beyond the existing currency.

     

    Mr Basant Rathore of Jagran said: “Digitization has blurred not just geographical boundaries but also boundaries between mediums. Today we don’t have a clue of numbers in digital media, but they are definitely going to grow. If these can’t be measured, monetization becomes a problem. The advertisers know that the game is moving beyond the existing currency. The research we had till date was about currency but the advertisers are now talking about engagement.”

     

    Mr Joshi added: “The existing measurement systems are accused of fudging numbers. With the new IRS, even real time tracking of interviews is possible. It will be a like a core end satellite model and this will enable us to respond to changes that are happening in the environment. Earlier we looked at data in a cross-sectional slice but what’s of interest to an advertiser is what happens to a consumer through the day. With the new measurement matrices, we are thinking of capturing all digital research to get a horizontal longitudinal view of a consumer’s media movements.”

     

    The panel also agreed on the need for industry to be willing to adopt new matrices of measurement and to support measurement that looks beyond primary access numbers. Mr Rathore concluded: “Numbers will continue to be important because that’s the benchmark for trade to happen. But if you need to grow, it’s important to leverage the media brand across media platforms and so we need to know what’s happening across platforms. And that’s why we need to be open to the measurement of other metrics.”