Tag: brands

  • Just Buy launches marketing campaign targeting shopkeepers

    Just Buy launches marketing campaign targeting shopkeepers

    MUMBAI: With an aim to empower retailers, e-distributor Just Buy Live has launched a marketing campaign – Just Buy, Ek App, Ek Awaaz, which highlights the brand’s emotional connect with retailers and the challenges they face.

     

    The campaign began with teaser ads comprising four thematic TVCs centre staging challenges faced by small retailers. The week-long teaser campaign culminated with the reveal of Just Buy Live. The TVCs were launched simultaneously on YouTube.

     

    Just Buy Live’s ATL campaign was conceptualised and executed by Ferry Wharf Communications (FWC).

     

    Just Buy Live chairman and CEO Sahil Sani said, “As the world’s first e-distributor we had to resist the temptation of simply announcing: ‘here’s a revolutionary product’. Instead we took a step back and looked at why we came up with Just Buy.”

     

    “Just Buy was born out exasperation with traditional distribution systems that put the retailer, the Aam Dukandaar, at a disadvantage. Add to it the real threat to the Aam Dukandaar’s business because of the discount-scale model of online retailers, and we have a potent combination of status quo (of distribution) colliding with frustration and uncertainty experienced by the Aam Dukandaar,” Sani elaborated.

     

    Just Buy Live co-founder and managing director Bharat Balachandran added, “For me, Just Buy is not only the world’s first e-distributor. It is a movement, a revolution that will give back the Aam Dukandaar his confidence, financially and emotionally. The only difference between a retailer and us is that everyone only seems to care about us. Us as in you and me, the consumers.”

     

    FWC director Theron Carmine said, “In the process of getting a product from the manufacturer to the customer, the most important point is where the customer actually interacts with the product. That point is the retail store and surprisingly, it is the most neglected link in the chain. The average shopkeeper doesn’t understand the online retail model, valuations, funding etc. and is perplexed by the fact that online businesses are making losses and yet have big bucks to spend on advertising campaigns. He is unable to understand this loss-making business model and wonders why it is the darling of the media and those in power.”

     

    Network Media executive VP Nilesh Patil said, “The challenge was to target a segment that had no available media consumption data; we had to go beyond traditional thinking and market information. That’s where learning’s from past market visits came handy. We planned the media with a combination of data, gut feel and experience. The results are validating the approach, with a substantial number of downloads from the moment the reveal happened on TV.”

     

    “When the only thing you know to earn a living is under threat, you feel trapped. This feeling of entrapment triggers a bunch of emotions. Some look outside for help and hope for a messiah, some explore the possibility of violent protests, while others see a conspiracy against them. On the other hand, when the family earnings suffer, the family suffers too. These very emotions have been captured in the TV commercials in both the teaser and reveal phases,” added FWC creative head Deven Sansare.

     

    “The important emotional aspect that the TV campaign explores is the feeling among retailers that they are pitted against forces much larger than them. It is the classic David versus Goliath scenario that is playing out in the retailers’ minds and on the business front. Just Buy is the Aam Dukandaar’s voice, his awaaz. All we have done is given it a loudspeaker,” voiced Sani.

  • Just Buy launches marketing campaign targeting shopkeepers

    Just Buy launches marketing campaign targeting shopkeepers

    MUMBAI: With an aim to empower retailers, e-distributor Just Buy Live has launched a marketing campaign – Just Buy, Ek App, Ek Awaaz, which highlights the brand’s emotional connect with retailers and the challenges they face.

     

    The campaign began with teaser ads comprising four thematic TVCs centre staging challenges faced by small retailers. The week-long teaser campaign culminated with the reveal of Just Buy Live. The TVCs were launched simultaneously on YouTube.

     

    Just Buy Live’s ATL campaign was conceptualised and executed by Ferry Wharf Communications (FWC).

     

    Just Buy Live chairman and CEO Sahil Sani said, “As the world’s first e-distributor we had to resist the temptation of simply announcing: ‘here’s a revolutionary product’. Instead we took a step back and looked at why we came up with Just Buy.”

     

    “Just Buy was born out exasperation with traditional distribution systems that put the retailer, the Aam Dukandaar, at a disadvantage. Add to it the real threat to the Aam Dukandaar’s business because of the discount-scale model of online retailers, and we have a potent combination of status quo (of distribution) colliding with frustration and uncertainty experienced by the Aam Dukandaar,” Sani elaborated.

     

    Just Buy Live co-founder and managing director Bharat Balachandran added, “For me, Just Buy is not only the world’s first e-distributor. It is a movement, a revolution that will give back the Aam Dukandaar his confidence, financially and emotionally. The only difference between a retailer and us is that everyone only seems to care about us. Us as in you and me, the consumers.”

     

    FWC director Theron Carmine said, “In the process of getting a product from the manufacturer to the customer, the most important point is where the customer actually interacts with the product. That point is the retail store and surprisingly, it is the most neglected link in the chain. The average shopkeeper doesn’t understand the online retail model, valuations, funding etc. and is perplexed by the fact that online businesses are making losses and yet have big bucks to spend on advertising campaigns. He is unable to understand this loss-making business model and wonders why it is the darling of the media and those in power.”

     

    Network Media executive VP Nilesh Patil said, “The challenge was to target a segment that had no available media consumption data; we had to go beyond traditional thinking and market information. That’s where learning’s from past market visits came handy. We planned the media with a combination of data, gut feel and experience. The results are validating the approach, with a substantial number of downloads from the moment the reveal happened on TV.”

     

    “When the only thing you know to earn a living is under threat, you feel trapped. This feeling of entrapment triggers a bunch of emotions. Some look outside for help and hope for a messiah, some explore the possibility of violent protests, while others see a conspiracy against them. On the other hand, when the family earnings suffer, the family suffers too. These very emotions have been captured in the TV commercials in both the teaser and reveal phases,” added FWC creative head Deven Sansare.

     

    “The important emotional aspect that the TV campaign explores is the feeling among retailers that they are pitted against forces much larger than them. It is the classic David versus Goliath scenario that is playing out in the retailers’ minds and on the business front. Just Buy is the Aam Dukandaar’s voice, his awaaz. All we have done is given it a loudspeaker,” voiced Sani.

  • The Advertising Club names Effie Award 2015 finalists

    The Advertising Club names Effie Award 2015 finalists

    MUMBAI: The Advertising Club has announced the finalists for the Effie Awards 2015, to be held on 27 January, 2016.

     

    Over 100 brands that ran campaigns in India from 1 October, 2014 to 30 September, 2015 (12 months) were eligible for entry and only a select few will be vying for the top honours across 26 award categories.

     

    In a bid to revamp the awards, the Advertising Club has also introduced several changes for this year’s Effies. In keeping with the convenience of the digital world, for the first time, entries were submitted online.

     

    Additionally, acknowledging the importance of the startup ecosystem in India, a new category called New Product or Service – Best Campaign for a Start-up, was introduced for the Effies 2015. The erstwhile Digital Campaign category was rechristened to the Integrated Marketing Category, underscoring the emergence of the digital medium as an inclusive rather than additional channel of marketing in today’s day and age.

     

    Click here for the complete list of finalists.

     

  • The Advertising Club names Effie Award 2015 finalists

    The Advertising Club names Effie Award 2015 finalists

    MUMBAI: The Advertising Club has announced the finalists for the Effie Awards 2015, to be held on 27 January, 2016.

     

    Over 100 brands that ran campaigns in India from 1 October, 2014 to 30 September, 2015 (12 months) were eligible for entry and only a select few will be vying for the top honours across 26 award categories.

     

    In a bid to revamp the awards, the Advertising Club has also introduced several changes for this year’s Effies. In keeping with the convenience of the digital world, for the first time, entries were submitted online.

     

    Additionally, acknowledging the importance of the startup ecosystem in India, a new category called New Product or Service – Best Campaign for a Start-up, was introduced for the Effies 2015. The erstwhile Digital Campaign category was rechristened to the Integrated Marketing Category, underscoring the emergence of the digital medium as an inclusive rather than additional channel of marketing in today’s day and age.

     

    Click here for the complete list of finalists.

     

  • PepsiCo India ropes in Poonam Kaul as new VP Communications

    PepsiCo India ropes in Poonam Kaul as new VP Communications

    MUMBAI: PepsiCo India, the food and beverage giant, has appointed Poonam Kaul as the new vice president of communications. Kaul will be a part of their India Region Executive Committee.

     

    Poonam will develop and lead the work to sustain PepsiCo India’s corporate image and reputation among internal and external stakeholders including the media. She will oversee internal and external communications, leadership communications, and crisis management and consumer relations in PepsiCo’s India region.

     

    Poonam has over two decades of leadership experience in driving integrated communications to build brands, influence policy, shape perceptions and manage crisis. Prior to her appointment with PepsiCo India, she was the director communications, Nokia for India, Middle East and Africa and was heading 90 markets.

     

    Kaul has also been with Microsoft India where she was heading advertising and public relations for all business units of Microsoft in India.

  • Ad budgets in US shift from television to digital platforms

    Ad budgets in US shift from television to digital platforms

    NEW DELHI: Even as the switch over to digital technology is beginning to show pace in India, digital video ad spend grew by 42 per cent over the past year to total $7.46 billion in 2015 in the United States for the sixth consecutive year.

     

    Within the next four years, that number is expected to nearly double and reach over $13 billion by 2019, according to a report on 2015 US State of the Video Industry by Verizon’s AOLPlatforms.

     

    According to the report, marketers are reprioritising traditional advertising budgets and adding dollars to digital video. TV budget growth is stagnating, with a sizeable portion of those dollars being reallocated to video advertising.

     

    Mobile and video are converging, posing new opportunities and challenges to the industry. Overall mobile video advertising spend increased 18 per cent since 2014, but marketers say measurement remains a key pain point.

     

    Almost 91 per cent of brands and agencies are buying video programmatically and continue to make larger investments into the technology year-over-year. Eighty-eight per cent of publishers claim they sell their video inventory programmatically, a noticeable 37 per cent leap from 2014.

     

    Programmatic TV is gaining popularity as audience fragmentation hits an inflection point. Over the next year, 41 per cent of television buyers–a 3x increase since 2014–plan to rely on programmatic technology to make more strategic TV investments.

     

    Advertisers and agencies devote over 30 per cent of their overall video budgets to branded video content. Brands intend to grow these investments 10 per cent in the next year.

     

    AOL Platforms surveyed nearly 300 US brands, agencies and publishers to get a holistic view of the current state of video advertising.

  • Brands’ website traffic has direct correlation with TV advertising: study

    Brands’ website traffic has direct correlation with TV advertising: study

    NEW DELHI: A study shows that website traffic rises and falls in direct correlation with TV advertising for majority of call-to-action brands, which depend on immediate results from marketing efforts. 

     
    The Video Advertising Bureau’s (VAB) study Ignition Point: The TV-Traffic Correlation for Call-to-Action Brands came to this finding after studying 125 brands in six categories (restaurants, retail, travel, telecommunications & location-based mobile apps, financial and insurance) representing more than $30 billion in TV advertising in 2014.
     

    The brands studied were a cross-section – large, midsized, smaller, national, regional and local – with more than 100,000 unique visitors per month as measured by comScore. All results are from the February 2014 to March 2015 period. 

     
    A total of 82 per cent of these brands showed a direct correlation between TV advertising and website traffic. Of the 85 brands with unique visitor increases, 87 per cent had increased TV spending – an average of 22 per cent increase in spending and 24 per cent increase in visitors. Of the 40 brands with unique visitor decreases, 70 per cent had lowered TV spending – an average of 10 per cent less TV spending and nine per cent decrease in visitors.
     

    VAB CEO Sean Cunningham said, “TV is the great activator in Internet commerce. A majority of brands with the most on the line for big sales now see their website traffic follow the curve of their investment in TV advertising. TV advertising does more than generate awareness; it triggers the most important action at a time when the Internet functions as a brand’s storefront to the world.”

     
    While the specific ratios of advertising to traffic vary, the pattern is predominant and consistent. On a category level, 72 per cent of travel brands showed a direct correlation between TV advertising and website traffic, versus 76 per cent of restaurants, 82 per cent of retail, 85 per cent of insurance, 86 per cent of financial, and 100 per cent of telco/apps.
     

    This is the second report in the VAB’s commitment to illustrate critical effects of TV advertising that are hidden by the silo nature of syndicated data. Last year, it looked at the correlation between TV advertising and website traffic for 75 pure-play Internet companies, and found 85 per cent showed a direct correlation between TV spending and website traffic.

  • Ad monotony takes the zing out of IPL

    Ad monotony takes the zing out of IPL

    MUMBAI: From mid-February to the end of May, India saw cricket action aplenty this year. Between the ICC Cricket World Cup and the recently concluded Indian Premier League (IPL), a total of 109 matches were played, which gave brands ample ground to target maximum consumers in a cricket crazy nation. While many brands seized the opportunity to grab maximum eyeballs by taking up premium inventory, what lacked to an extent was creativity and uniqueness in the story telling.

    While some brands ensured that they had an elaborate storyboard so that viewers had something new to watch every time, some others took monotony to another level by hammering the same ad throughout the tourney.

    Leo Burnett chief creative officer Rajdeepak Das tells Indiantelevision.com about how Amazon.in went about advertising through the IPL. “In the case of Amazon.in, we wanted to tell people one message and that was ‘Aur Dikhao’, about the range that we had. Vodafone for example, had a lot of things to talk about, be it its speed, 3G or other services and hence communicated multiple messages. While Amazon.in was very clear that it wanted the nation to speak one message and that is ‘Aur Dikhao’.”

    Das adds, “Sometimes repetition helps remember things, like how we used to mug up things to remember them during childhood. Similarly, for a consumer to remember Amazon.in as a brand, the repetition was a must. In a seven series film, Amazon.in communicated its message so that they do not reach consumer fatigue level. You have to see what the nation speaks and that’s what Amazon.in really wanted to do.”

    On the other hand, direct to home (DTH) operator Tata Sky with its disruptive daily recharge offer of Rs 8 set out with a storyboard of 13 episodes, which revolved around a love story set in a small Kashmir town. The story unveiled how the product worked and cleverly amplified the benefits of a daily recharge, through its lead protagonists. Building on the curiosity to know ‘what happens next?,’ each TVC smoothly highlighted how the daily recharge enabled convenience and value for money.

    Vodafone India, which has been showcasing different themes and offerings every IPL, seems to have hit the nail on the head. From coming up with as many as 27 new television commercials (TVCs) featuring the inimitable Zoo Zoos, this telecom brand has more often than not upped its creative ante.

    Speaking to this website about the brand campaign, Vodafone India SVP brand communications and insights Ronita Mitra says, “IPL is the biggest sporting platform in the country designed to appeal to a wide audience with high clutter and frequency during a very compact period. It allows multiplicity of communications and offers an opportunity to reach out to a wider target audience and strengthen Vodafone’s brand connect.”

    “The first IPL season with the Zoo Zoos saw us launching a series of 27 television spots talking about Vodafone’s VAS services. This approach continues in the eighth edition of IPL. Our ‘Speed is Good’ campaign is a series of short but charming and memorable stories where Vodafone customers use their fast 3G network to bring a smile to someone’s face. With our focus on digital, this year we partnered with Being Indian, a channel on YouTube, to produce engaging video in lines with our campaign objectives. The video has been well received on YouTube with close to 40,000 hits in three days,” she asserts.

    From its learnings over the last seven years, Vodafone believes that if truly innovative and cutting edge things are done during the IPL, then the impact multiplier effect and bang for the buck is unmatchable.

    Sharing insights about how the online wallet – PayTM – has been working on getting their share of pie through advertising via an event like IPL and the ICC World Cup, PayTM SVP Shankar Nath says, “Repetition is valuable for ad effectiveness. More exposure gives more visibility and increases liking and preference for that experience. It also ensures that that there is more recall for the ad. An ad that you do not recall cannot be effective and the more you recall it; the more you have processed its message. At the same time, one has to be careful that there is no excessive repetition, leading to viewer fatigue.”

    Sharing his views on whether brands should look at a new approach, Nath says that ideally a brand crafts the right experience to engage with its audiences and evoke the desired emotional and behavioural response. “The approach towards the content must show a higher level of audience understanding to earn their engagement, which will, in turn, deliver deeper value as the brand experience is integrated into their lives,” he informs.

    Nath is also of the opinion that after a level of consumer fatigue, consumers need to see fresh content, which will not only benefit the brand but also help them build a strong communication connect.

    In today’s digital milieu, brands also have at their disposal multiple platforms like YouTube et al where they can hammer in varied messaging. When queried about whether brands were looking at more platforms for better consumer engagement with different ads, Nath says, “The market is evolving. New channels are coming up. There is fragmentation. Digital has become a very important medium, as certain audiences are spending more time on mobile and web. We see a lot of brands that are creating communication specifically for digital. Certain brands release their video campaign first on digital and subsequently move in with shorter edits on television.”

    However Nath derides the fact that a brand, which does not launch multiple TVCs to offer creative variation, does so in order to cut costs. “Cost is not something that really bothers the brand. There is a possibility that the brand never thought of communicating that way,” he states as a matter of fact.

    On the other hand, RK Swamy BBDO India creative director Rudra Sen says, “Honestly, I think the IPL is a very well integrated brand communication platform at various levels. With a supple dose of cricket spiced with Bollywood, it combines two very powerful genres.”

    “The IPL provides brands with multiple communication platforms to engage, involve and reward viewers, fans and field spectators alike… be it on TV, digital, ambient, in-stadia, in-studio, on-ground contests, promos or activation like the Vodafone Fans Club or the Pepsi Viewing Gallery. The TVCs that stood out for me were that of Vodafone. Then comes Amazon but I think it’s more to do with the ‘Aur Dhikhao’ jingle, which hit the sweet spot. Magic Bricks too used an interesting storyline narrative that was engaging. The rest interrupted the action.”

    Ogilvy & Mather executive creative director Sumanto Chattopadhyay says, “Most brands eventually end up having one communication strategy for a period and an event like the IPL because of various reasons like huge production cost and cost of airing the spots. So I think for most brands it becomes a matter of getting the time, effort and money into one communication and they tend to bombard it. For an avid viewer, who is watching all the matches, it is repetitive and also irritating to an extent.”

    “A big brand like Vodafone, which has a large ad budget focuses on the IPL and prepares campaigns for an event like this. However, not every brand has these kinds of resources to do multiple ads. So too much repetition of anything is annoying, not only ads,” he adds.

    According to Chattopadhyay, brands have certain limitations like budget constraints or even the time to make multiple creatives. “They can bring in some amount of variation within the same communication just to sustain the interest of the viewers,” he says.

    While brands like Tata Sky, Amazon.in and Vodafone have managed to make different storyboards to engage the audiences and leverage the IPL platform, other brands, which bombarded viewers with the same storyboard, were at the risk of causing viewer fatigue.

    For brands that do not come up with a storyboard, cost could be a concern. However, for pre-planned big ticket events like the IPL, creative agencies as well as brands need to churn out innovative ads that tickle the imagination and curiosity of the viewer and also keeps them engaged throughout the season.

  • IPL 8 witnesses significant growth in viewership, advertisements

    IPL 8 witnesses significant growth in viewership, advertisements

    MUMBAI: The recently concluded Indian Premier League (IPL) saw a constant growth in each and every segment. As was earlier reported by Indiantelevision.com, this IPL, the ad revenues, at more than Rs 1000 crore, saw a significant fillip as compared to the previous edition. What’s more, IPL 8 also witnessed a significant growth in terms of viewership and advertising.

     

    Television rating auditor, TAM analytics shows that IPL 8 was sampled by 190 million unique viewers, and the time spent by the viewers fetched a nine per cent growth from 45 minutes and 43 seconds in 2015 as compared to 40 minutes and 55 seconds in 2014. 

    The average TVTs saw a growth of 25 per cent, while the TVRs saw 23 per cent growth as the tourney fetched 3.6 TVR this year as compared to 2.9 TVRs last year. Close to 70 per cent of the All India Universe tuned in to watch IPL 8 matches, which is quite identical if compared to the seventh edition.

     

    Apart for viewership, advertising volume also saw a significant growth. While there was only one biscuit brand endorsing last year, this year the number went up to six. The paint section also saw a significant growth as it jumped up from one to five. On the other hand, internet service (B2C and online shopping) category also witnessed an ascent as the number of brands went up to seven this year from four last year. The growth also reflected in the car and jeep category as the figure went up from two to six.

     

    Vodafone continued to be the most prominent brand on the basis of ad volumes purchased during the live telecast. It should be noted that Vodafone was the most prominent brand in the last IPL edition too. Amazon also successfully retained its berth at second position while e- commerce ventures PayTM and Snapdeal replaced Flipkart.com and Airtel at third and fourth place respectively. Vimal Pan Masala grabbed the fifth slot, which was occupied by Big Bazar in 2014.

     

    Click here to see match viewership pattern 

  • FY-2015: HUL marketing spends up 7.2%; Q4-2015 marketing spends cross Rs 1000 crore

    FY-2015: HUL marketing spends up 7.2%; Q4-2015 marketing spends cross Rs 1000 crore

    BENGALURU: Indian FMCG giant Hindustan Unilever Limited (HUL) Advertisement and Promotions expense (marketing spends, ASP) in FY-2015 was 7.2 per cent more at Rs 3874.94 crore (12.6 per cent of Total Income from operations or TIO, approximately $590 million) than the Rs 3613.609 crore in FY-2014.

    For the fourth quarter ended 31 March, 2015 (Q4-2015, current quarter), the company exceeded the Rs 1000 crore (approx. $156 million) mark to clock Rs 1027.89 crore (13.4 per cent of TIO, approx. $160 million). ASP in the current quarter was 22.3 per cent more than the Rs 840.34 crore (11.8 per cent of TIO) in the corresponding year ago quarter and was 5.2 per cent more than the Rs 977.12 crore (12.6 per cent of TIO) in Q3-2015.

    Note: (1) 100 lakh = 100,00,000 = 1 crore = 10 million.

    (2) All figures in this report are standalone figures filed by the company. The trends are based on the numbers submitted by the company or picked up from the company’s website. For performance of HUL’s various product lines please refer to the attached earnings release for Q4-2015 and FY-2015.

    (3) The US dollar figures are approximately based on a conversion rate of 1$= Rs 64.The converted numbers have been rounded off.

    HUL chairman Harish Manwani said, “We have delivered another year of strong performance with broad based growth ahead of the market and sustained margin improvement. Our strategy remains focused on strengthening the core of our business through innovation, leading market development and continuous improvement of our executional capabilities. Despite market challenges, our strategic agenda remains unchanged as we continue to manage our business even more dynamically for growth that is consistent, competitive, profitable and responsible.”

    As a matter of fact, HUL’s ASP in Q4-2015 is the highest over a 12 quarter period starting Q1-2013 until the current quarter in terms of absolute rupee spends at Rs 1027.89 crore. In terms of percentage of TIO, during the period under consideration, ASP was 13.8 per cent of TIO in Q2-2014 at Rs 954.02 crore. Please refer to Fig A below.

    HUL’s ASP in absolute rupees shows a linear increasing trend during the 12 quarter period under consideration. The blue broken trend line intercepts Q4-2015 at Rs 995.876 crore, showing that the company has spent Rs 32.014 crore more than indicated by the trend line’s slope.

    HUL’s ASP in terms of percentage of TIO in Q4-2015 at 13.4 per cent is in excess of the 12.6839per cent represented by the slope of the orange broken trend line during the period under consideration.

    HUL TIO in FY-2015 at Rs 30805.62 crore (approx. $4.8 billion) was 9.9 per cent more than the Rs 28019.13 crore in the previous year. In Q4-2015, TIO at Rs 7675.63 crore was 8.2 per cent more than the Rs 7094.10 crore in Q4-2014, but was 1.3 per cent lower than the Rs 7774.32 crore in the immediate trailing quarter. Please refer to Fig B below. The orange broken trend line indicates that TIO has a linear increasing trend during the 12 quarter period under consideration in this report.The slope of the line indicates that HUL should have had a higher TIO of Rs 7856.14 crore and hence underperformed by Rs 180.51 crore (about $28 million).

    HUL PAT in FY-2015 at Rs 4315.26 crore (14 per cent of TIO, approx. $675 million) was 11.6 per cent more than the Rs 3867.49 crore in FY-2014. For Q4-2015, PAT at Rs 1018.08 crore (13.3 per cent of TIO) was 16.7 per cent more than the Rs 873.13 crore (12.3 per cent of TIO) in Q4-2014, but was 18.7 per cent less than the Rs 1252.17 crore(16.1 per cent of TIO) in Q3-2015.

    In Fig B below, the maroon broken line indicates that PAT in absolute rupees shows a linear increasing trend during the period under consideration. The slope of the line indicates that the HUL should had have had a higher PAT of Rs 1131.504 crore in Q4-2015 and hence underperformed by Rs 113.42 million ($18 million)

    In terms of percentage of TIO, the green broken line indicates a linear decreasing trend. The slope of the line indicates that HUL’s actual PAT as percentage of TIO of Q4-2015 at 13.3 per cent is higher than the calculated 13.12 per cent.

    HUL’s board of directors at its meeting held on Monday, 8 May, 2015 recommended a final dividend of Rs 9 per share of Re1 each, for the financial year ended 31 March, 2015. Together with the interimdividend of Rs 6 per share paid on 3 November, 2014, the total dividend for the financial year ended 31 March, 2015 works out to Rs 15 per share of Re 1 each. Final dividend, subject to approval of shareholders, will be paid on or after Friday, 3 July, 2015.