News Headline
Economic slump – time to introspect marketing function?
Let's face it. Asian Tiger China's GDP growth rate has hit a 27-year low and is likely to end 2019 under 6 per cent. And GDP growth rate of India – the other Asian tiger has also hit a six year low and is expected to fall to 6 per cent in this fiscal year, according to the World Bank. Both these big cats are however, above the Asia Pacific GDP growth rate which is expected to be below 4 per cent.
2019 – year of the falling economies?
While a steep fall in demand, direct trade disputes with the USA & political churn in Hong Kong is responsible for the 27 year low in GDP growth rate of China, to make matters worse, the Chinese government has not yet recovered from the after effects of providing stimulus to the Chinese economy for nearly a decade.
Back home, the real estate industry is still struggling & factory output is slowing down, resulting in slow growth in employment. However, considering the situation in our neighbouring country, while the government has taken a slew of measures – steep cut in corporate tax rate (22 per cent from 30 per cent) and an even lower tax rate for new manufacturing companies (15 per cent) to attract new foreign direct investments (FDI), the same is yet to translate into meaningful outcome and spur growth.
Economy in advertising
With all this economic downturn, advertising was bound to be depressed. And it did, especially in the last two quarters. The Indian advertising industry's estimated worth was Rs 62,000 crore in 2018. Most predictions of Indian ad spend growth hovered between 10 per cent & 12 per cent riding on the wave of ad spends during the 2019 General Elections & the ICC Cricket World Cup. However, the actual growth may be lower at around 9 per cent – 10 per cent (including inflation), taking the total annual ad spend to Rs 67,000 crore. (By the way, the Asia Pacific ad spend growth rate for 2019 is predicted at 4 per cent.)
So what worked & what didn't?
Television medium growth is estimated between 9 per cent and 10 per cent in 2019. Digital medium growth is estimated between 25 per cent and 30 per cent in 2019. Print medium growth is expected to range between 5 per cent and 7 per cent and all the other media growth being under 6 per cent. So while television managed to hold its fort, print medium was marginalised in a real sense. Meanwhile, digital medium hopscotched to pole position from where it is poised to overtake print & challenge television. And the other media chugged along.
Role of marketing dept in slowdown
It's all very well to acknowledge the economic slowdown, demand slump and the marketing slack. Question is, with a full team strength, what should marketing focus on during this slack period?
For one, marketing can start adopting technology seriously. This is a challenging task for the CMO & his team, but if successful, this is the surest way of boosting marketing ROI. How? Because you can only improve what you can measure. And bringing IT into marketing is the first step towards measurement. The objective itself is deceptively simple: bring information technology closer to marketing strategy as well as marketing operations.
The first step can be total process automation for Marketing Depts., where every activity is included. Apart from bringing discipline, process automation will also bring uniformity & transparency.
. Once marketing processes are automated, a central marketing database is automatically created and populated in real time.
. This bridges the "data chasm" between Marketing, Finance & Sales, bringing data transparency.
. This "data transparency" will result in immediate cuts in unnecessary marketing expenditure – as managers will start to spend with more caution. This itself can result in 10% to 15% immediate savings.
. The central marketing database will also provide real time dashboard reporting to Marketing Managers for quick reviews.
. This data can be clubbed with sales, research, share of voice … to get ROI statistics.
. And the clubbed data can be further used for conducting analytics exercises & generating deep marketing insights.
Marketing departments must adopt information technology. And for this, the CMO must lead & exert his influence on his team. And this is the perfect time to solemnise marketing department's marriage with information technology & contribute to the company’s savings for now & the future!
(The author is founder, Brandintelle Services. The views expressed are his own and Indiantelevision.com may not subscribe to them.)
iWorld
Netflix celebrates a decade in India with Shah Rukh Khan-narrated tribute film
MUMBAI: Netflix is celebrating ten years in India with a slick anniversary film voiced by Shah Rukh Khan, a nostalgic sprint through a decade that rewired how the country watches stories. The campaign doubles as both tribute and reminder: streaming did not just enter Indian homes, it quietly rearranged them.
Roll back to 2016 and television still dictated schedules. Viewers waited weeks, sometimes months, for favourite films to appear on prime time. Family-friendly filters narrowed options further, and piracy often filled the gaps. Then Netflix arrived, softly but decisively, carrying a catalogue of international titles rarely seen in Indian theatres and placing them a click away. Old blockbusters and new releases suddenly coexisted on the same digital shelf.
The platform’s real inflection point came in 2018 with Sacred Games, a breakout series that refused to dilute India’s grit for global comfort. Audiences embraced its unvarnished tone, signalling readiness for stories that did not need box-office validation or censorship compromises. What followed was a steady procession of relatable narratives. Competitive-exam anxiety fuelled Kota Factory. College relationships unfolded in Mismatched. Everyday pressures, not grand spectacle, proved bankable.
Language barriers thinned as foreign series arrived with Hindi, Tamil and Telugu dubbing, expanding viewership beyond urban English-speaking pockets. Marketing mirrored the shift. For global releases such as Squid Game, Netflix leaned on regional creators and influencers to localise buzz and make international content feel native.
The library widened beyond fiction. Documentaries stepped out of festival circuits into living rooms. Stand-up comedians found scale. Established filmmakers, including Sanjay Leela Bhansali with Heeramandi, embraced the platform’s long-form canvas. Subscriber numbers swelled to 12.37 million in India, according to Demandsage, and behaviour followed suit. Late-night binges became routine. Friday release rituals loosened. Watch parties turned solitary screens into social events.
Economics demanded adjustment. Early subscription pricing carried a premium aura that deterred many households. Over time, Netflix recalibrated plans to align with Indian spending sensibilities, conceding that accessibility is as critical as content. To extend momentum around marquee titles, the platform also experimented with split-season releases, stretching anticipation and watch time.
The anniversary film, narrated by Shah Rukh Khan, captures the linguistic shift that mirrors the cultural one: from “Netflix pe kya dekha?” to “Netflix pe kya dekhein?” The question moved from recounting the past to planning the next binge. In ten years, Netflix morphed from foreign entrant to familiar fixture, exporting Indian stories abroad while importing global ones home. The remote no longer waits; it chooses, clicks and moves on. In the streaming age, patience is out, playlists are in, and the next episode is always one tap away.
Brands
Delhivery chairman Deepak Kapoor, independent director Saugata Gupta quit board
Gurugram: Delhivery’s boardroom is being reset. Deepak Kapoor, chairman and independent director, has resigned with effect from April 1 as part of a planned board reconstitution, the logistics company said in an exchange filing. Saugata Gupta, managing director and chief executive of FMCG major Marico and an independent director on Delhivery’s board, has also stepped down.
Kapoor exits after an eight-year stint that included steering the company through its 2022 stock-market debut, a period that saw Delhivery transform from a venture-backed upstart into one of India’s most visible logistics platforms. Gupta, who joined the board in 2021, departs alongside him, marking a simultaneous clearing of two senior independent seats.
“Deepak and Saugata have been instrumental in our process of recognising the need for and enabling the reconstitution of the board of directors in line with our ambitious next phase of growth,” said Sahil Barua, managing director and chief executive, Delhivery. The statement frames the exits less as departures and more as deliberate succession, a boardroom shuffle timed to the company’s evolving scale and strategy.
The resignations arrive amid broader governance recalibration. In 2025, Delhivery appointed Emcure Pharmaceuticals whole-time director Namita Thapar, PB Fintech founder and chairman Yashish Dahiya, and IIM Bangalore faculty member Padmini Srinivasan as independent directors, signalling a tilt towards consumer, fintech and academic expertise at the board level.
Kapoor’s tenure spanned Delhivery’s most defining years, rapid network expansion, public listing and the push towards profitability in a bruising logistics market. Gupta’s presence brought FMCG and brand-scale perspective during a period when ecommerce volumes and last-mile delivery economics were being rewritten.
The twin exits, effective from the new financial year, underscore a familiar corporate rhythm: founders consolidate, veterans rotate out, and fresh voices are ushered in to script the next chapter. In India’s hyper-competitive logistics race, even the boardroom does not stand still.
MAM
Meta appoints Anuvrat Rao as APAC head of commerce partnerships
At Locofy.ai, Rao helped convert a three-year free beta into a paid engine, clocking 1,000 subscribers and 15 enterprise clients within ten days of launch in September 2024. The low-code startup, backed by Accel and top tech founders, is famed for turning designs into production-ready code using proprietary large design models.
Before that, Rao founded generative AI venture 1Bstories, which was acquired by creative AI platform Laetro in mid-2024, where he briefly served as managing director for APAC. Alongside operating roles, he has been an active investor and advisor since 2020, backing startups such as BotMD, Muxy, Creator plus, Intellect, Sealed and CricFlex through a creator-economy-led thesis.
Rao spent over eight years at Google, holding senior partnership roles across search, assistant, chrome, web and YouTube in APAC, and earlier cut his teeth in strategy consulting at OC&C in London and investment finance at W. P. Carey in Europe and the US.
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