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Tag: Toyota

  • The 360-degree brand campaign is running across key media platforms

    Toyota introduces Glanza with Go Hatchin’ ad campaign

    By A Correspondent

     

    Toyota Kirloskar Motor, in collaboration with Dentsu India, has launched Toyota Glanza, the premium hatchback with the new Go Hatchin’ campaign.

     

    Said Indrajeet Mookherjee, Executive Vice President, Dentsu India: “It has been a long journey for us in putting together the campaign. From extensive consumer work across the country, to getting a deep understanding of the millennials, we wanted to position the Glanza as their companion and catalyst in exploring and discovering life’s many magical moments.”

     

    Added Sudhir Makhija, Executive Creative Director, Dentsu India: “This was one of the most exciting campaigns I’ve been a part of. Right from the conceptualisation to the execution, we kept in mind that we needed a campaign that tickled the youth. Today, millennials are driven by self-expression, personalization and indulgence. Once we closed in on ‘Let’s go Hatchin’ as our core thought, we went about giving meaning to it. The narrative was developed in a way that it echoes the lifestyle and aspirations of the audience, beautifully strung together with a brilliant soundtrack.” The 360-degree brand campaign is running across key media platforms.

     

     

  • The captain-in-waiting's annual endorsement fee has seen a meteoric rise over the past year, rivalling the likes of Bollywood heartthrob Ranbir Kapoor, the hottest brand ambassador in the film industry

    With deals worth Rs 17 cr a year, Virat Kohli beats Dhoni and Sachin in endorsements

    By Samidha Sharma

     

    India’s hottest young cricketer Virat Kohli is setting the world of brand endorsements alight. The Indian captain-in-the-making, whose exploits on the field, combined with his youth, good looks and never-say-die attitude, makes him a winner off the field too, has inked a Rs 10-crore per annum deal with German sports goods giant Adidas.

     

    The three-year contract, perhaps the most lucrative to be signed by an Indian sports star, will see the swashbuckling right-hand batsman endorsing the brand’s apparel and shoes.

     

    The Delhi lad has also struck a Rs 6.5 crore a year deal with a tyre brand that had master batsmen Sachin Tendulkar and Steve Waugh as its ambassadors, a person familiar with the development revealed.

     

    The two deals will see Kohli topping the likes of Indian skipper Mahendra Singh Dhoni and Tendulkar in terms of annual earnings per brand endorsement.

     

    Kohli, who turns 25 later this year, pocketed around Rs 40 crore from endorsements last year, but that sum may swell up substantially with these two deals in his kit bag. Currently, he lends his face to as many as 13 brands, including  deodorants.

     

    When contacted, an Adidas spokesperson declined to comment on the development. Tendulkar, who is Adidas’ current brand ambassador, is perhaps at the fag end of his illustrious career.

     

    And Kohli fits the bill perfectly as he is being groomed to take over the top job from Dhoni after the 2015 ICC World Cup, an executive from a sports management firm, who did not want to be named, said.

     

    Bunty Sajdeh-led Cornerstone Sport and Entertainment manages the Indian vice-captain’s endorsement contracts. Mr Sajdeh was unavailable for comment.

     

    Kohli’s annual endorsement fee has seen a meteoric rise over the past year, rivalling the likes of Bollywood heartthrob Ranbir Kapoor, the hottest brand ambassador in the film industry. Till last year, the cricket star used to command Rs 3 crore per brand annually, which went up to Rs 6 crore.

     

    The Rs 10-crore a year deal with Adidas propels him to a different league altogether. “For the past few years, Dhoni has been ruling the endorsement space, but Kohli is catching up very fast. While Dhoni connected well with the masses, Kohli has a more urban appeal which a lot of brands want to cash in on,” said Indranil Das Blah, COO of celebrity management firm CAA Kwan.

     

    The price escalation in Kohli’s endorsement contracts has meant that a lot of brands which had signed him early on must shell out much more to renew their deals or simply end their association with him.

     

    “We are willing to pay a premium, depending on what that number is. He has been a great fit for our brand which targets youngsters, and he has grown with us,” said J Suresh, MD and CEO, Arvind Lifestyle and Brands which has had the cricketer on board for three years as Flying Machine’s brand ambassador.

     

    The jeans-wear brand signed Kohli before the World Cup at a moderate price and its contract is up for renewal. With Rs 10 crore becoming the new benchmark, many brands will find it hard to match up to Brand Kohli’s price tag.

     

    Until recently, Kohli and Nike were in a five-year contract inked in 2008. However, things turned sour between the two sides when the US sports goods major went to court claiming Kohli had breached the contract by disagreeing to continue as its brand ambassador till 2014. But the Karnataka high court ruled in favour of the cricketer, allowing him to sign endorsement deals with other sports brands.

     

    Source:The Economic Times

    Copyright © 2013, Bennett, Coleman & Co. Ltd. All Rights Reserved

    Licensed to republish

     

  • Location-based mobile advertising platform AdNear has raised Rs 35 crore in its first round of funding from venture capital firms Canaan Partners and Sequoia Capital

    AdNear raises Rs 35 crore in its first round funding

    By Biswarup Gooptu

     

    Location-based mobile advertising platform AdNear has raised Rs 35 crore in its first round of funding from venture capital firms Canaan Partners and Sequoia Capital, signaling the growing attractiveness of the sector for risk capital.The funds will be used by the Bangalore and Singapore-based startup to expand its presence across the Asia Pacific region, including Australia and New Zealand, as well as towards building its team.

     

    “We decided to participate in the mobile advertising eco-system, and picked AdNear, because it has built technology to provide target advertising on mobile phones,” Rahul Khanna, partner, Cannan Partners, said.

     

    The four-year old startup, promoted by Anil Mathews, has developed its own platform that does not require Global Positioning System (GPS). It also works on both feature and smart phones. Within a year of launching its service, it has picked up multinational customers, such as Nokia, Toyota and Samsung.

     

    Sequoia and Canaan declined to state their exact holding, only saying they would hold minority stakes in the company.

     

    “It’s a technology play after a very large market of mobile advertising that has not been explored in this part of the world,” Mohit Bhatnagar, managing director at Sequoia Capital said on the AdNear transaction.

     

    The investment comes soon after Bangalore-based InMobi, an independent mobile advertising company announced that it was shutting its operations in Africa and Russia.

    The global mobile advertising market is dominated by Google’s AdMob, with growth coming from markets where smart phones dominate, including, Japan Korea and the US.

    In September last year, InMobi raised $200 million – till recently, the largest deal in the global mobile internet space – from Japanese telecommunications and media corporation Softbank.

     

    Mojiva raised $7 million earlier in the month, while Jumptap raised $27.5 million in July, prior to its public offering.

    On the mobile side, Canaan Partners had earlier invested in interactive mobile content manager Cellcast in 2007, and has also invested in mobile gaming company Kabam.

     

    Source:The Economic Times

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

     

  • Waku Doki adds no value whatsoever to the communication, and to think it’s the central idea! Worse, they are using it for multiple brands

    Debrief:Toyota: Yeh Waku Doki kya hai, bhaiyya?

    By Anil Thakraney

     

    It took me a lot of time to figure what in hell Waku Doki means. It sounded like Japanese to me, so I called a Jap pal for help. And he said it roughly means: ‘Excitedly waiting for something cool to happen’. Toyota has unleashed this Japanese colloquial phrase as the umbrella positioning for two of its brands: Fortuner and Etios. And the other common factor is cricketer Virat Kohli.

     

    In the ad for Fortuner, Kohli says Waku Doki to a kid who’s bored of playing video games. In the ad for Etios, the young cricket sensation plays the same trick on a heart-broken gal. And no prizes for guessing that in these ads Waku Doki means hitting the road in a Toyota. And once the car comes into the picture, it’s back to the usual shots of interiors and exteriors. And speed and dirt tracks, etc, etc.

     

    This is dicey stuff. Indians aren’t going to run around looking for a Jap-English dictionary to figure what Waku Doki means. And without that knowledge, the phrase means nothing, it’s pure nonsense. Which means Waku Doki adds no value whatsoever to the communication, and to think it’s the central idea! Worse, they are using it for multiple brands, so each individual brand story gets lost as we are left scratching our heads over Waku Doki.

     

    [youtube width=”400″ height=”225″]http://www.youtube.com/watch?v=jWSrRYJHwl0[/youtube]

    I suspect Toyota opted for a Jap phrase to highlight the Japanese association of the mother brand. Where was the need for that? Bachcha bachcha in India already knows Toyota is a Jap car maker. They would have been better served by coining a desi expression, something like ‘Jhingalala’. So that at the very least the communication doesn’t go over the head. Though frankly, these gimmicky phrases are suitable for low-involvement products like wafers and candies. And not for vehicles which will set you back by lakhs of rupees.

     

    Rating: (On a scale of 1 to 5): 1. Incomprehensible and irrelevant.