Category: Year Enders

  • “The intensified focus of the TSBI Studio team on driving video narratives has again been a growth area for us”: TSBI’s Harikrishnan Pillai

    “The intensified focus of the TSBI Studio team on driving video narratives has again been a growth area for us”: TSBI’s Harikrishnan Pillai

    Mumbai: 2023 has been interesting for us. This year has been pivotal, witnessing the global expansion of TheSmallBigIdea (TSBI) with the inauguration of operations in Dubai. It’s a strategic move that marks the beginning of our global journey, with the first steps in Middle East and Africa. We have collaborated with some prestigious clients like Sobha Realty, Lulu Group, and the Uganda Government underscore setting the stage for robust expansion.

    TSBI’s stronghold in media and entertainment persists where we continue to be the one of the largest creative partners for M&E clients in the digital space. This strength has evolved into a multilingual prowess, spanning beyond English, Hindi, to various Indian languages. This adaptability is further emphasized by the firm’s deepening footprint in sectors like real estate, fashion, retail, BFSI, and pharma, showcasing a versatile approach to client engagement.

    The intensified focus of the TSBI Studio team on driving video narratives has again been a growth area for us. Our IPL ads for ICICI direct, short content series for AGL tiles are some of the work that has been appreciated.

    Our talent division is also growing with onboarding of talents like Aaman Devgn, Anu Malik, and Palak Agarwal for their social needs.

    TSBI is not merely adapting to change; it is thriving at the intersection of AI and human ingenuity. As the year unfolds, TSBI’s trajectory promises not only to reshape the creative landscape but also to set new benchmarks in global expansion and industry leadership, solidifying its position as a trailblazer in the realms of creativity and artificial intelligence.

    The author of this article is TheSmallBigIdea CEO & co-founder Harikrishnan Pillai.

  • Wondrlab’s remarkable 2023 journey paves the way for a bold 2024 expansion

    Wondrlab’s remarkable 2023 journey paves the way for a bold 2024 expansion

    Mumbai: As we reflect on the transformative year of 2023, marked by technological leaps, environmental endeavours, and global shifts, the stage is set for the unpredictable landscape of 2024. From the evolution of artificial intelligence to the urgent focus on climate action, our journey unfolds against a backdrop of innovation and challenges. Join us as we explore the highlights of the past and anticipate the dynamics that will shape our world in the coming year. Welcome to a brief overview of the year that was and the forecast for 2024.

    Here is the year-end quote below on behalf of Wondrlab’s managing partner & co-founder Rakesh Hinduja

    This was the third year of Wondrlab and the game is three times. We continue to strengthen our cultural foundation with a focus on people, product & profit – In that order. The Wondrlab family this year is over 400 people diverse and motivated to achieve newer benchmarks. Our product continues to be strategically effective, creatively engaging and full-funnel in the rollout, bar none. With the first 2 P’s being strong, Profit is always healthy. This year we also added a new P, three times office place to our Mumbai HQ, an open layout for fun, positivity and a wonderful vibe for people and products to thrive.  

    We continue to embrace digital transformation, we leveraged technology and data to deliver cutting-edge solutions, solidifying our differentiated offering in the industry. This was the first time we entered Cannes which resulted in a shortlist. A pivotal part of our strategic vision for 2023 was expanding our footprint beyond borders. The recent acquisition of Cymetrix marked a significant milestone. This not only strengthened our capabilities but also positioned us for exponential growth in the global market.  

    We want to solve not just do one thing well, we want to do whatever it takes for brands to win in today’s complex marketing world and do it all well.  

    As I reflect on the year, I am filled with optimism about our trajectory in 2024. Our plan includes further exploration of new markets and industry verticals. Strengthening client relationships remains a top priority, with an unwavering commitment to understanding evolving needs and delivering tailor-made solutions. To create genuine products that help businesses. As well as wins at the biggest awards stage.  

    Our platform-first and technology-centric approach continues to be at the forefront. The potential of augmented reality and virtual reality excites us, and we are poised to seamlessly integrate these into our offerings. We are moving rapidly towards our goal of becoming a world-class network based in India, with more strategic acquisitions on the horizon. As we expand our reach, capabilities, our resilient team dedication to strategic vision, it positions us not just to navigate challenges but to thrive in the ever-evolving business landscape.

  • YouTube content that moved the nation in 2023, and the creators behind it

    YouTube content that moved the nation in 2023, and the creators behind it

    Mumbai: India’s Chandrayaan-3 mission landed on the moon, and on YouTube, millions aimed for their own “moonshots”. In 2023, aspirants in India connected over navigating UPSC prep – sharing a knowing laugh and finding solidarity with Sandeep Bhaiyya. Viewers sought inspiration – from exploring new art forms, to launching a YouTube channel and orbiting stories of fame.

    Content that moved audiences this year came from all parts of the country, across various languages, in wide-ranging genres: a true testament to and celebration of India’s diversity. Here’s a look at 2023’s top trending content and the creators and artists behind it.

    Grand Theft Auto stole hearts and captured imaginations, reflecting one of the many ways in which gaming content continues to level up. Gaming creators have been able to immerse viewers with compelling stories by artfully combining gameplay, characters, narrative, comedy and music. Not just in gaming, creators continue to wow audiences with such ingenuity and creativity, across genres and formats.

    Here are key trends that continue to shape the digital video landscape:

    Ease of creation empowers the next- generation of creators

    Access to tools, ease of short-form video and the wide-reaching impact of digital video continues to democratize content creation. This is enabling more people – across age, gender, cultures, professional backgrounds, and languages – to become creators.

    This is supercharging the diversity of voices,

    powering new genres and growing the staying power of pop culture moments. For instance, Shorts is not only helping level the playing field but also opens doors to a playground of creative tools and formats to help emerging creators push the boundaries of their creativity.

    Access to formats and engaged fandoms drive long-lasting trends

    With creators and their communities coming from various corners of the country, today, multi-format creation is helping lend more memorability to content. Take for instance: the Tom and Jerry format is a tongue-in-cheek interpretation of the popular cartoon that appeals to young and old alike. A single video can capture the imagination of a nation – whether it is the coming together in rapt attention to watch the moon-landing or diving deeper into the content they love with their favorite creators, like Ashish Chanchlani’s uniquely personal take on a popular show.

    Music plays muse for viral masterpieces

    A traditionally one-way relationship with music has begun to transcend into a powerful one of creativity and self-expression. Whether to convey an emotion or express a point of view, Music serves as a universal language that appeals to broad audiences. Music videos and Shorts trends helped drive tracks such as Tere Vaaste, Pulsar Bike, Jailer, Company, Naa Ready and Heeriye to the top, inspiring various forms of expression from creators across the country. `

    We can’t wait to see how YouTube’s vibrant community of dreamers and doers will continue to express themselves, enhance their creativity and grow their communities in 2024!

  • “The year 2023 has played a crucial role in the continued growth of Centuary Mattresses”: Centuary Fiber’s Uttam Malani

    “The year 2023 has played a crucial role in the continued growth of Centuary Mattresses”: Centuary Fiber’s Uttam Malani

    Mumbai: As we reflect on the journey and growth of Centuary Mattresses over the last year, it has been a transformative period marked by significant achievements and strategic expansions. The company has recorded an average yearly growth of 30% and aims to sustain this rate over the next three years. The year 2023 has played a crucial role in the continued growth of Centuary Mattresses. We have observed a consistent increase in our consumer base, and this growth serves as a testament to the company’s dedication to delivering quality products that resonate with an expanding audience. The brand has today solidified its position as “India Ka Sleep Specialist” through a strategic combination of innovation and commitment to superior sleep experiences. The introduction of the revolutionary Copper-Gel technology from Centuary stands as a testament to this commitment. This groundbreaking technology leverages the natural heat-conducting properties of copper to dissipate excess heat, addressing a common concern associated with traditional foam mattresses. The Copper-Gel-infused mattresses not only offer a cool and comfortable sleep environment but also contribute to overall sleep hygiene. By consistently pushing the boundaries of sleep technology, Centuary Mattress continues to lead the way in providing customized, innovative, and rejuvenating sleep solutions for individuals across the country.

    One of the key strategies of 2023 for Centuary Mattress was to announce the inclusion of celebrated badminton sensation PV Sindhu as its brand ambassador. This collaboration marks the convergence of two notable entities from Hyderabad – one acclaimed for her achievements on the badminton court and the other for its expertise in providing sleep and comfort solutions.

    Another pivotal approach adopted by the brand in 2023 has been geographical expansion. Centuary Mattress expanded its manufacturing footprint by inaugurating a new facility in Orissa, bringing the total number of manufacturing facilities to four — two in Hyderabad and two in Orissa with a combined capacity to produce approximately 10 lakh mattresses annually. The brand has plans to expand with a manufacturing facility in Western India in the coming years. This move not only signifies a commitment to operational efficiency but also positions Centuary Mattresses to cater to a wider market.

    The brand in the later half of the year opened its premier experiential store in Chennai and plans to strengthen its presence in the southern market with the opening of around 15 experience centers in Chennai, Bengaluru and Hyderabad in the coming months. Over the next 3 years, the brand aims to increase the number of EBOs to 1,000 and grow the MBO count to approximately 10,000. Additionally, the intention is to establish 100 Experience Centers within the same timeframe.

    In 2024, Centuary Mattresses plans to extend its vision horizontally and vertically, reaching more states and geographies, with a focus on tier 3 and 4 towns. The brand’s growth is propelled by increasing revenue from non-metro and non-tier one towns, reflecting a substantial demand even in online sales. The company’s commitment to comprehensive marketing, including out-of-home and television on platforms like Bigg Boss at the regional level, is evident in its significant investment of 8 to 10 percent of revenues.

    With world-class machinery and end-to-end manufacturing, Centuary Mattresses, driven by research and development, is set to launch 10 new products in 2024. This commitment ensures continuous enhancement in product quality, promising an unparalleled sleep experience for consumers. As Centuary Mattresses continues to lead in innovation, the brand looks forward to an exciting and successful year ahead.

    The author of this article is Centuary Fibre Plates Pvt. Ltd. executive director Uttam Malani.

  • TAS World’s remarkable journey and growth in 2023

    TAS World’s remarkable journey and growth in 2023

    Mumbai: 2023 has proven to be a milestone year for TAS World, witnessing unprecedented growth and accomplishment. Several noteworthy projects were successfully delivered, showcasing exceptional designs that ranged from farmhouses and classical residential buildings with colonial and Victorian styles to lake-view villa adorned with neo-classical architecture. The diversified portfolio also extended to the creation of captivating restaurant/cafe spaces and luxurious commercial spaces and designer stores.

    Leading the Interior Design Scene in Delhi

    TAS World isn’t just a prominent player in the real estate market; it has also established itself as the leading brand in becoming the best interior designerin Delhi.

    Anmol Sachdeva’s Ascendance in Architecture

    Anmol Sachdeva, a key figure at TAS World, is on the rise towards becoming the best architect in Delhi, contributing significantly to the company’s success.

    Dynamic Duo Behind TAS World

    TAS World is the brainchild of two visionaries: architect Anmol Sachdeva and real estate developer Ankit Sachdeva. Ankit’s commitment to incorporating sustainable practices has earned him a reputation as the best real estate developer in Delhi.

    Reflecting on TAS World’s Performance in 2023

    In alignment with our steadfast commitment to excellence, TAS World approached 2023 with a resolute “all in or not at all” mindset. The company’s performance throughout the year mirrored this dedication, as evidenced by the successful completion of projects, adherence to client commitments, meeting deadlines, and achieving set objectives for company growth. The closing quarter saw a unique work-from-home initiative, setting the stage for a new multi-storey office slated to elevate both amenities and employment opportunities in the first quarter of 2024.

    Key Achievements and Milestones of TAS World in the Past Year

    For a design-focused real estate firm like TAS World, the true measure of success lies in delivering projects on time and exceeding client expectations. In 2023, TAS World not only handed over 13 projects from scratch to finish, but these endeavors also fulfilled every commitment, transforming clients into cherished members of our extended family. All planned milestones for the company’s growth were achieved, underscoring a year of triumph and realization.

    Expectations for TAS World’s Growth and Development in 2024

    Having laid the groundwork in 2023, TAS World is poised for a year of execution in 2024. The construction of a sprawling multi-storey office in North Delhi is on track for inauguration in the first month of the year. Further expanding our horizons, TAS World aims to open a branch in Dubai during the first quarter of 2024, marking a significant step towards international prominence.

    Beyond geographical expansion, TAS World’s vision for 2024 includes the establishment of five new offices in different cities, providing employment opportunities to a minimum of 100 individuals. Emphasizing diversity and inclusion, the company is dedicated to women empowerment and prioritizing opportunities for disabled individuals. TAS World is committed to fostering an environment that not only encourages the professional growth of women but also actively seeks to integrate individuals with disabilities into the workforce, recognizing their unique talents and contributions. With a strategic focus on growth, innovation, and social responsibility, TAS World is set to define new benchmarks in the realm of design-led real estate.

    The author of this article is Tas World founder & managing director Anmol Sachdeva.

  • Movers & shakers of advertising in 2023

    Movers & shakers of advertising in 2023

    Mumbai: The year 2023 witnessed a significant upliftment for all industries, and advertising experienced noteworthy changes on the people movements’ front. Indiantelevision.com observed it as a year of churn for the advertising industry, marked by numerous exits and entries to and fro Ogilvy India, Dentsu India, BBH India, Havas group, Omnicom, and more…

    Before we go ahead with the list, here’s our heartfelt tribute to some of the advertising veterans we lost in 2023.

    Most recently we lost advertising veteran Helen Anchan who passed away on 3 December. She was the former head of media planning at Lintas. Anchan is highly esteemed in the industry, serving as a role model for numerous young media professionals. With over 50 years in the media, she witnessed significant transformations, many of which occurred during her dedicated tenure at Lintas.

    Advertising veteran and Chairman of daCunha Communications – Sylvester daCunha, who designed the iconic 1966 Amul Girl ‘utterly butterly’ campaign, passed away in Mumbai. He was a doyen of Indian advertising industry who was associated with Amul since 1960s.

    We then lost another man who played a key role in shaping advertising in India who is none other than Pratap Bose. Bose was the former DDB Mudra and Ogilvy veteran and lastly the founding partner and chairman of Social Street.

    Ad and marketing veteran Aurobindo Mohanty passed away on October 24.

    Following are some of the key people movements:

    Ogilvy India:

    Ogilvy India announced an important leadership transition that will take effect from 1 January 2024. Piyush Pandey, currently chairman global creative & executive chairman of Ogilvy India will serve as the chief advisor.

    Hephzibah Pathak will take on the role of executive chairperson of Ogilvy India. She will be Ogilvy India’s first-ever woman in this role.

    SN Rane, group executive co-chairman India & COO South Asia, will work as business advisor to Ogilvy Asia Pacific.

    The Advertising Club:

    The Advertising Club elected Rana Barua as president. Partha Sinha will serve as immediate past president on managing committee for the ensuing year.

    IAA:

    Avinash Pandey was re-elected as president of India chapter of IAA.

    BBH India

    BBH India appointed Ashwin Palkar as ECD and head of experience. Palkar is a seasoned creative leader with 17 years of experience in advertising.

    BBH India appointed Anupam Chauhan as senior vice president – account management. He has over 18 years of proven success in leading advertising agency teams across India, Southeast Asia, the UK, and Canada.

    Havas media group:

    Havas India chairman and chief creative officer Bobby Pawar stepped down from his role. He joined the network in November 2018.

    Havas Worldwide India appointed Kundan Joshee as managing partner & head – West & South. He has nearly 25 years of experience in the advertising industry and stints at Wunderman Thompson, Ogilvy, FCB, Cheil Worldwide, and Grey Group.

    Mohini Varma has joined as executive vice president & planning head – North, and Jasravee Kaur Chandra has been appointed as senior vice president of Havas Worldwide India.

    dentsu:

    Dentsu Creative India appointed Shweta Khosla and Punit Singh as executive vice president (EVP) – strategy & planning.

    Dentsu Creative India appointed Aneesh Jaisinghani as Sr group executive creative director.

    dentsu X, the media agency from dentsu India, appointed Jose Leon as chief executive officer (CEO).

    Dentsu Creative India onboards Surjo Dutt as CCO – West & South.

    Shisham Digital

    Shisham Digital onboarded Ankoor Dasguupta as their chief marketing officer.

    QYOU Media India

    QYOU Media India CEO Simran Hoon stepped from her current role at the company.

    QYOU Media Inc appointed Raj Mishra, as group CEO of QYOU Media’s India.

    Sociowash

    Sociowash has appointed Amisha Gulati as its new business head to lead Mumbai operations. He has over 13 years of extensive experience as a seasoned marketing professional.

    Omnicom

    Aditya Kanthy as CEO of the newly formed Omnicom Advertising Services group in India.

    Alex Lubar has been elevated as global CEO of DDB Worldwide.

    Leo Burnett

    Dheeraj Sinha stepped down from his roles of Leo Burnett South Asia co-chief executive and BBH India chairman and joined FCB as group CEO India & South Asia.

    Publicis Groupe appointed Rajdeepak Das as South Asia CCO and Leo Burnett, South Asia Chairman.

    Enormous Group:

    Moumita Pal joins Enormous as head of creative Delhi

  • AI is at the heart of our strategy now and for the foreseeable future: Finvasia’s Sarvjeet Virk

    AI is at the heart of our strategy now and for the foreseeable future: Finvasia’s Sarvjeet Virk

    Mumbai: Shoonya by Finvasia is India’s leading multi-asset trading platform, co-founded in 2013 by brothers – Sarvjeet Virk (MD) and Tajinder Virk (CEO), also ex-Wall Street professionals. He along with his brother, has established an ecosystem which is disrupting the financial sectors globally. He had the vision to offer innovative and real-time end-to-end financial solutions that cater to the needs of all investors, regardless of their experience level.

    Down below are his views on how has the year 2023 been for them and the company/agency they work for and forecast for 2024.

    2023 has been a year of growth and many firsts for us at Shoonya. We have achieved several milestones including making it to the top 30 brokers in India. Currently, we are among the top 8 brokers who are adding clients month on month in this financial year and that is something that gives us confidence for our future ambitions. Our goal is to become a top broker in the country and we have a long journey to make this dream a reality. We are constantly working towards the same by building innovative products and solutions targeting customer satisfaction.

    My first and foremost advice would be to always do your own research before making any financial decision. Investors should prioritise diversification, staying informed on market trends, and maintaining a long-term perspective. Managing risk, adapting to technology trends, and embracing sustainable investing practices are crucial.

    Additionally, adjusting strategies based on changing economic conditions are key considerations for investors in the coming year.

    In 2023, we launched the AI-powered feature in partnership with I Know First.  It offers access to AI-based predictions for up to 1500 Indian scripts, including large, mid, and small-caps stocks, as well as predictions for Indian indices from the NSE and BSE. Users also get a sophisticated market analysis with color-coded signals, instant heatmaps, wave trend prediction, and performance signals.

    In 2024, we plan to launch more such features to simplify trading and investing. Shoonya is also working on further improving the user interface of the platform where traders would be able to place orders in just one click, making it easier to buy and sell stocks. We will also introduce advanced screeners and analytical tools to enable our users to make smart investing and trading decisions.

    AI is at the heart of our strategy now and for the foreseeable future. We are committed to leveraging its capabilities to not only enhance our trading platform but also to explore the creation of separate fintech products that can address the unmet needs of our clients.

    It’s important to note that our focus extends beyond urban markets. We recognize a significant opportunity in Bharat, where many potential investors are underserved or unserved. We are determined to develop user-friendly products tailored to their unique needs and preferences.

    To further live up to our brand promise of empowering our customers through education and cutting-edge technology, we have some exciting plans to enhance our education portal significantly. Our goal is to give our customers the knowledge and tools they need to make informed investment decisions. To bolster our educational resources, we are actively working on expanding our AI-based product features. While AI is currently a part of our stock trading services, we envision its integration into derivatives, commodities, and currencies trading as well. This will not only improve the trading experience but also enable our customers to explore new avenues for investment.

    The author of this article is Finvasia co-founder & MD Sarvjeet Virk.

  • We aim to continue pioneering initiatives that will shape the future of environmental conservation: Prasiddhi Singh

    We aim to continue pioneering initiatives that will shape the future of environmental conservation: Prasiddhi Singh

    Mumbai: As I reflect upon the incredible journey of the Prasiddhi Forest Foundation in the year 2023, I am filled with gratitude and awe for the strides we have made in our collective mission to nurture and protect our planet. At 11, I embarked on a journey fueled by passion, guided by purpose, and supported by a growing army of eco-warriors. Today, I stand before you as a proud founder, a TEDx speaker, and the youngest keynote speaker at the Harvard Model United Nations in India.

    Our efforts have not gone unnoticed, and I am thrilled to share that National Geographic has showcased a documentary highlighting the impactful work of the Prasiddhi Forest Foundation. This platform has allowed us to amplify our message, inspiring change on a global scale. The recognition received, including the prestigious Prime Minister National Child Award, is not just a testament to my individual efforts but a celebration of the collective dedication of our eco-army.

    In the past year, we achieved a significant milestone by planting over 130,000 trees and establishing Prasiddhi micro forests in more than 85 locations. This contributes to carbon sequestration and creates havens of biodiversity that will flourish for generations to come. Through workshops, we have empowered over 60,000 eco-warriors who are actively engaged in safeguarding the environment.

    I am proud to be at the forefront of pioneering initiatives, such as our foray into Web3 Climate technology and Nature-Based Solutions, including mangrove plantations. These endeavors align with our commitment to exploring innovative ways to address climate change and environmental degradation. The G3 Project, aimed at spreading environmental awareness in every school and student in India, has taken root and continues to thrive.

    The awards and recognition bestowed upon us, both nationally and internationally, motivate us to persist in our endeavors. From The Diana Award in the UK to the Earth Day Network Rising Star award in the USA, each accolade symbolizes a shared victory for the environment. Being recognized as the Youngest Fruit Forest Creator of India by the India Book of Records is a testament to the creativity and impact embedded in our initiatives.

    As the Brand Ambassador for “Beti Bachao Beti Padhao” and Child Ambassador of the Green Tamil Nadu Mission, I am committed to contributing to the broader societal goals of girl child education and environmental sustainability. It is heartening to witness the ripple effects of our work, reaching diverse communities, schools, and colleges.

    Our journey extends beyond borders, having touched lives in 20 countries. From beach clean-ups to supporting villagers and farmers, we have actively engaged with 400 groups and communities. The UN Climate Change Conference (COP28) provided a platform to represent our collective voice and advocate for urgent action on a global scale.

    Looking forward to 2024, our aspirations are boundless. We aim to deepen our impact, expand our reach, and continue pioneering initiatives that will shape the future of environmental conservation. Together, as a united eco-army, we will persist in our mission to generate oxygen, grow our own food, and give our communities a sustainable and thriving future.

    The author of this article is Prasiddhi Forest Foundation founder Prasiddhi Singh.

  • Navigating the media renaissance: Lessons from 2023, blueprints for 2024’s success: Aditi Mishra

    Navigating the media renaissance: Lessons from 2023, blueprints for 2024’s success: Aditi Mishra

    Recap of 2023: Key Trends

    Igniting Growth Amidst Global Challenges: The Indian Story

    Despite global economic headwinds, 2023 witnessed India’s economic resilience fuelled by robust domestic demand. Spearheaded by a burgeoning consumer base, escalating income levels, and the aspirations of the youth, the nation experienced brand and advertising growth. The year’s highlights include over Rs 10,000 crores of incremental ad spends (source: MAGNA), driven by digital surges, government allocations pre-elections, major sports events, a pandemic-free festive season, and blockbuster Bollywood releases.

    Streaming into the Future: The Rise of CTV Advertising

    A pivotal shift unfolded in India’s media landscape as Connected TV (CTV) took centre stage. Anticipating 40-45 million Daily Active Users by 2025, the CTV ecosystem burgeoned from 25 million in the previous year. Notably, Samsung TV users in India spent 88% of their TV time in streaming environments during H1 2023. This surge democratised advertising for smaller brands, leveraging the data collation and targeting prowess of digital platforms.

    Revival Resonance: OOH, Radio, and Cinema Shine

    Contrary to expectations, Out-of-Home (OOH) and radio experienced a revival, fuelled by OTT platforms, FMCG giants, and the automotive sector. The cinema space, against all odds, emerged as a resilient advertising haven, captivating audiences and delivering impactful brand engagements. The unexpected resurgence of these traditional mediums showcased their enduring relevance in the dynamic media landscape.

    Outlook for 2024: Key Trends

    Unlocking Tomorrow: Gen AI and ML Revolution

    Embracing the future, 2024 will witness the ascendancy of Generative AI, reshaping advertising landscapes. Marketers will harness AI for personalised campaigns, seamless AR/VR integration, and compelling CGI campaigns. The adoption of AI, ML, and deep learning will revolutionise consumer engagement, allowing businesses to decipher behaviour, preferences, and purchase patterns, fostering enhanced understanding and segmentation of target markets.

    Monetisation maven: Platforms’ race for revenue

    The battleground for revenue intensifies in 2024 as tech platforms vie for supremacy in monetising their services. Despite boasting the world’s highest user bases, platforms seek new avenues for revenue generation. Prioritising data protection, user understanding, and augmented advertising offerings, platforms will delve into innovative user monetisation, with subscriptions and digital commerce taking centre stage.

    Sustainable storytelling: ESG in the limelight

    A paradigm shift unfolds as sustainability takes centre stage. Consumers’ environmental consciousness propels a preference for brands committed to sustainability, carbon emission reduction, and ethical trade practices. Marketers are tasked with weaving eco-friendly messaging into campaigns, showcasing a commitment to environmental responsibility. Businesses, aligning with a more inclusive economy and sustainable environment, will position sustainability as a core aspect of their overarching business strategy.

    In conclusion: Navigating the media maelstrom of 2024

    As we step into 2024, personalised customer experiences, sustainability pledges, authentic storytelling, and adaptability remain pivotal strategies for brands and marketers navigating the intricacies of the ever-changing media sphere. Embracing these principles, the industry is poised for a transformative journey into the future.

    This article has been authored by Lodestar UM CEO Aditi Mishra.

  • GUEST ARTICLE: How mobile-first approach makes a difference in brand’s presence during festivities

    GUEST ARTICLE: How mobile-first approach makes a difference in brand’s presence during festivities

    Mumbai: Be it a usual day or a festive season, people prefer to hop onto their systems to look for online offerings for all their needs. But technology has evolved innovatively that now almost all desktop operations have converged into smartphones, making people mobile-first. The transition has been tremendous, as now both web & mobile come together as one unit, which could be attributed to the penetration of the internet, coupled with pocket-friendly smartphones.

    The ease of smartphones has made people rely on them and given businesses a platform to make their mark. This is why the advertising landscape has also evolved due to the fact that mobile ads hold importance for most brands. And with the beginning of the festive season, mobile advertising becomes more meaningful for businesses to tap into the right audience because 79 per cent of smartphone users completed a purchase via their mobile in the last six months. It makes more sense for marketers to better optimise their apps & websites for portable screens over desktops. Owing to this, brands are adapting the mobile-first approach to reap incremental ROAS and optimal results.

    Let’s discuss in detail ‘what is mobile first approach and how it makes a difference in brand’s presence during festivities.’ 

    Mobile-first means user-first because, currently in the world, including India, smartphone users spend 4-5 hours per day on apps in quest of more online and new content. This is due to the convenience provided by mobile devices, which perform all the tasks seamlessly, so humans are not bound to sit & spend time on laptop/desktop screens. A mobile-first approach means providing users with easy navigation & user-friendly experiences on smaller & portable screens that enable them to easily access content anytime, anywhere. This approach also assists marketers in better shaping their business practices because smartphones, as the epicentre of inventory planning, help them strengthen their connection with users.

    The phrase “mobile first” isn’t new; it was popularised in 2009 by Luke Wroblewski’s book, which focused on the challenges that brands faced when transitioning from desktop to mobile web. However, presently, it is revolutionising the advertising ecosystem because of the evolution in technology, which also gives an extra edge to businesses as it involves:

    •     Comfort & Convenience 
    •     Trustworthy environment via which, users prefer to ‘go online’ to make purchases 
    •     Blend of predictive analytics with artificial intelligence & machine learning algorithms 
    •     Fast loading of pages & content

    Moreover, the festive season evokes emotions that encourage users to make expenses since their sentiments drive their purchasing decisions. And this time, it has come with more enthusiasm & excitement because it is no longer under the shadow of a pandemic that lasted for nearly two years. So, it can be said that the mobile-first approach in place can surely make a difference in brand presence, as this year, online festive sales are predicted to register a 28 per cent increase to hit $11.8 billion. 

    Moreover, India is the second-most internet-populated country in the world, with 931 million users in 2022, which could be a perfect opportunity for brands to dive into a mobile-first digital strategy. This can be beneficial in building a personalised relationship with consumers, as they better respond to brands that offer personalised offerings that match their interests.

    Here are the benefits of the Mobile-First Strategy that can boost sales efficiently by making a brand recall during festivities. 

    Wider Reach: A mobile-first approach can facilitate brands in increasing their reach while enhancing their user base because today’s smartphones have become the ‘front door to online stores’. 98 per cent of the targeted consumers shop digitally and ¾ of them start their shopping journey on their mobile via which marketers can showcase the story-telling adverts & messages through the right medium. This will help propel the campaign’s performance, make an impact, and boost sales.

    Better Bonds: To know and understand the audience is the foremost part, but building better relationships with them is equally important, which can be done via analysis of their interests, buying patterns, and most importantly, the timings when they remain active on their mobile. 51 per cent of users check apps between 1-10 times a day, which can be an x-factor for marketers to tap into such audiences and provide them with respective offerings during festive days, incorporating a mobile-first approach. This will be effective in promoting a brand, increasing user engagement and retention rates, and also developing an impactful bond with consumers.

    Quality Monetization: Having a mobile-first approach is beneficial in identifying the right-performing channel that drives expected results; since this approach offers different app monetisation opportunities, based on the type of app which leads to potential sales. For example, during festive days, e-commerce apps can provide BOGO offers, flashy discounts, etc., which can help increase engagement and sales. This is because users feel happy with these deals and come back to an app for more exclusive offerings, which not only increases ROI but also enhances brand reach and recall.

    Smartphones are the primary touchpoint for users’ needs, wherein the mobile-first approach will surely unfold more opportunities for marketers in upcoming times. Thus, this festive season, embrace the mobile-first strategy to bridge the gap between brands & consumers and to create a powerful brand presence.

    The author of this article is Xapads Media vice president – sales & marketing Alok Pandey.