Tag: digital first

  • Guest column: Post pandemic, advertising shifts focus to brand building

    Guest column: Post pandemic, advertising shifts focus to brand building

    NEW DELHI: Do you remember TV commercials that featured fans at crowded football games, or that focused around cities choked with people, or with celebrities doing every possible thing to woo their audience? You may call them the “before coronavirus” commercials/ads that no longer work in today’s scenario. With the onset of the pandemic, everything changed in a matter of hours, and TV commercials of various brands were no exception. As the Covid-imposed lockdown continues, Indian advertisers are completely relying on media-led brand building to reap long term benefits.

    The rise of ad flexibility

    As major live events, where TVCs played a pivotal role, were cancelled keeping in mind to curb the spread of the Coronavirus, advertisers had to regulate themselves according to their new programming slate. This has also been changing according to the scenario outside, making the ads more compassionate and caring towards their customers. Since the airing of many programs was also cancelled due to the pandemic, the TVCs mostly aired during the news broadcast or in the news channel. 

    Advertising in digital content

    With the remote working and stay at home guidelines, the viewership of TV and OTT platforms is seeing an explosive growth. Though the advertising demand during this phase is being subdued due to the current situation, advertisement in certain categories like essentials, health and hygiene worked like never before. Brands across industries have responded to this situation quite promptly and started investing in TVC and campaigns for essentials and health and hygiene products across media. Whereas, non-essential categories didn’t fall behind and rather started their communications in digital medium by tagging alongside essential categories. Few companies have shifted to the basics and once again emphasised on brand building by highlighting their efforts towards combating the situation through their advertisements. 

    Brand building is the new focus

    With a stepped-up viewership of TV and OTT platforms, lessened advertiser clutter and potentially lower rates due to lower demand, brands have realised that this is the perfect time to invest in brand building by emphasising more on the brand’s core values. Brands have once again started earmarking for BTL so that it can be redirected to deploy on media and have put consumer promos, offers among others on a backseat. They executed brand building by exploring higher ACDs (average commercial durations) and consumer-relatable storytelling. 

    New industries, new advertisers

    As we have entered a much dreaded second phase of the Covid2019 pandemic, there is no clear timeline by when we will emerge out of the unprecedented situation. Therefore, brands need to engage in rigorous scenario-based planning, where they have to make an imaginary timeline of recovery, changes in consumer behaviour and upgraded budgets. The digital-first approach should be the first line of advertising for a brand in this ‘new normal’ situation. Brand’s media plans also need to be aligned with business strategy so that a balance can be made between opportunity and reality. One needs to keep in mind that whenever there is an extended lockdown, there is a downward pressure on consumer purchasing power and planned purchases will be on the lower side.

    (The author is director, Bonn Group of Industries. The views expressed in this column are his own and Indiantelevision.com may not subscribe to them.)

  • Digital-first & internet- based brands and the magnetic appeal of IPL 2020

    Digital-first & internet- based brands and the magnetic appeal of IPL 2020

    NEW DELHI: Apart from the brands and services available in shop shelves and in brick and mortar stores, a slew of players in the digital ecosystem has also boarded the IPL train and ridden on the track of success. The telecast of the league has played a vital role in building mass awareness and adoption of digital-first brands thus accelerating digital adoption in India.  Something which the SARS Cov2 virus has further hyper-speeded up over the past few months.

    Digital-first start-ups are normally on a fast-growth and customer acquisition path right from the get-go, egged on by investors to increase valuations and revenues. Marketing guru and director of the Ehrenberg Bass Institute at the University of South Australia Byron Sharp in his book How Brands Grow – what marketers don’t know highlights that “growth primarily comes from gaining new users rather than driving increased loyalty. Most brand users are light users. Hence, marketers need to build brand availability and mental availability. What this basically means is that if brands want to grow, then they have to ensure they reach non-users consistently.”

    Observers point out that this is something which digital brands can effectively do using the unparalleled large scale and simultaneous reach that the IPL offers. The league itself has taken a page out of Byron’s marketing theories, has innovated, increased its reach in different languages, added viewing platforms, increased viewers, thus growing year on year. Inventory on the IPL telecast on the Disney Star India channels is limited at 800 seconds an hour with shorter ad breaks of 50 seconds each because of the fast-paced nature of the T20 game. Thus the OTS for a TVC is higher than on other television genres leading to high TOM recall. Research has also shown that increasingly TV viewers are constantly using their mobile phones as a second screen; hence cleverly crafted TVCs or ads leading audiences to respond instantly using their handheld device can generate instant and repeat interaction with a digital-first brand and even a transaction during IPL matches.

    Consider the experience of digital lending marketplace Paisabazaar and insurance price-comparison and booking portal Policybazaar.  Brand managers at the two companies have regularly put their ad bucks behind cricket to build their brands and reach out to potential customers. In 2019, the duo advertised around IPL as well as the ICC World Cup and made a huge impression on viewers.

    Paisabazaar chief marketing officer Sai Narayan is sold on the efficacy of the IPL as a national promotional platform. “IPL is one of the important vehicles for digital-first brands to increase their reach,” says he. “Brands continuously spend on digital mediums to generate ROI but TV gives scale. It generates a huge amount of free traffic and people end up searching for the brand. It creates a pull effect for the brand instead of the push effect.”

    Narayan agrees that IPL is costlier than any other platform but the returns are also better as the conversion rate is higher and the brand recall and impact are much higher.  Says he: “Brands are ready to pay a premium for the incremental jump. If you advertise around it regularly, it helps in creating a strong brand salience,” says Narayan.

    Additionally, his teams have been consistently witnessing jumps in the free traffic from 40 per cent to 50 per cent above the usual. Elaborates Narayan: “Whenever we have considered cricket, we have observed a substantial surge in our web traffic, resulting in lowering our cost per lead at a daily/ monthly/ campaign/ market level. The canvas to play within live sports is far bigger than traditional mediums, there are so many elements you can play with. A typical sporting event is long enough for brands to build a lasting recall value. If there were no live sports we might not have reached 40 million monthly users on Paisabazaar and 30 million monthly users on Policybazaar.”

    Urban Company (formerly Urban Clap) went aggressive with its Ayushman Khurana-anchored TVC during the IPL 2019 promoting the company’s air conditioning (AC) services targeted at males on Star Sports’ HD channels.  The net result: searches and bookings for the sorely needed air condition repair service in the summer climbed. This allowed the management to expand Urban Clap into newer services as well as its footprint to newer Indian cities. Earlier this year, it went in for a rebranding exercise calling itself the Urban Company.

    No wonder Dentsu Aegis CEO APAC & chairman India Ashish Bhasin believes that this season’s IPL presents a perfect opportunity that digital brands should exploit. “The pandemic has benefited digital companies as we have all moved more to digital as we have been working from home,” he says. “It’s obvious there is a distinct advantage to digital businesses to associate with the IPL as they are running well whereas the brick and mortar companies are still struggling to get back on their feet. The digital firms also have cash as they are well funded. Associating with the IPL gives them distinct benefits as well as tremendous exposure and engagement.”

    Online food ordering and delivery platform Swiggy partnered with the IPL in 2018 and 2019 as an official associate broadcast sponsor.  It created six witty slices of life TVCs which were focused on the love of Indians for cricket and food. The core message the commercials conveyed: Swiggy allows consumers to enjoy the absorbing battle on the ground even as it looks after their stomach’s needs.

    “Our TVCs are reflective of the national brand that Swiggy is today,” says Swiggy VP marketing Srivats T. “Post the last IPL campaign, we had millions of users download the app, waiting for Swiggy to go live in their cities. We saw growth in both new and repeat users. There was a phenomenal engagement on Swiggy Sixes – a property using which fans would get discounts if they placed an order within six minutes of a six being hit – with over a million viewers opting for it.”

    Edutech company Byju’s has backed the IPL and even team India in recent times. According to VP marketing Atit Mehta, the Byju’s app sees increased downloads during India matches as compared to non-cricket days. “Other measurable objectives like awareness, audience engagement, time spent on the app, conversation rates, etc., also have shown an upward trend,” he said.

    Digital payments company PhonePe too met with successful results when they chose the IPL as a consumer outreach and acquisition platform.  “We wanted to build awareness around digital payments and PhonePe amongst both rural and urban audiences in 2019,” said PhonePe founder &CEO Sameer Nigam. “We used a mass media platform like TV, the most popular sport cricket, and the IPL – the biggest sporting event of the year – to launch our new brand campaign.”

    His faith in the league was justified when PhonePe reported a 115 per cent growth in the number of transactions.

    These are some compelling figures marketers at startups and emerging digital businesses simply can’t ignore. The IPL has always been one of the largest marketing platforms for brands and marketers to gain from. With so many testimonies that prove this in more than just one way, it’s evident that this is the right time to get a lot of traction with the IPL and the festivities coming together from a timing perspective. It’s all about the right choices when it comes to Adex and spends. And when timed right, this can really turn a brand’s journey around. As the saying goes, success – though it may seem unsure initially – embraces those who go boldly were few have gone before.

  • Pay-TV in vital stage; service providers must innovate: Study

    Pay-TV in vital stage; service providers must innovate: Study

    SINGAPORE: Pay-TV has entered a period of significant change. Competition is set to increase dramatically, and, in order to grow, service providers will have to innovate strongly.
    Nagra, a Kudelski Group (SIX:KUD.S) company and the world’s leading independent provider of content protection and multi-screen television solutions, in partnership with MTM, has published the global learnings from the Pay-TV Innovation Forum. Findings from the Asia Pacific leg of the programme were released last month.

    According to the global findings, industry participants strongly believe that pay-TV, while still growing worldwide, has entered a period of significant change, creating both challenges and opportunities. 83% of executives stated that competition is set to increase dramatically and 78% agreed that in order to grow, service providers will have to innovate strongly over the next five years. However, the state of innovation varies by region. North American pay-TV service providers are notable for their innovation capabilities, offering the most advanced and diversified product and service portfolios. In comparison, pay-TV markets in Asia Pacific are much more fragmented, with market characteristics and service-providers’ innovation capabilities varying substantially by territory.

    Looking forward, executives cited strengthening their core pay-TV platform by going beyond traditional services as their main area of opportunity by focusing on multiscreen/TV everywhere services (76 per cent), new types of content (74 per cent), and new content pricing and packaging strategies (73 per cent). Just over half of executives also see opportunities in advance advertising and data (54 per cent), as well as standalone OTT services (53 per cent).

    Identifying opportunities for innovation globally, the research notes that many service providers have already started investing in new growth areas. North American providers, for example, see a significant commercial opportunity in new forms of content that appeal to Millennials and Generation Z such as digital-first short-form content, on-boarding of third-party OTT services, virtual reality, and gaming. Some European and Asia Pacific pay-TV service providers also see value in providing OTT or gaming services on their pay-TV platforms, particularly through partnerships. Only a smaller number of large scale operators currently address business adjacencies such as advanced advertising and Internet of Things (IoT).

    The research also identifies four major innovation success factors for the industry including strong customer and market insight, having the right platforms and processes, as well as strategic and collaborative partnerships with best-of-breed technology suppliers and content companies.

    “As broadband becomes more ubiquitous in several markets, competition from streaming media platforms intensifies and consumer TV and video journeys evolve, it is clear that the industry needs to innovate at a faster pace to satisfy its customers and remain relevant,” said Simon Trudelle, Senior Product Marketing Director for NAGRA. “Thanks to the work of the Pay-TV Innovation Forum, we now have a global view of the state of innovation around the world and a foundation of key learnings to ensure future success and growth for pay-TV service providers.”

    “The pay-TV industry is a global success story,” said Jon Watts, Managing Partner at MTM. “Despite some regional differences, the majority of executives expect to continue innovating around their core pay-TV services, improving user experience and developing new ways to price and package content, bringing new kinds of content onto their TV platforms, and continuing to invest in multiscreen offerings. The research programme also shows that successful service providers have focused strongly on developing their innovation capabilities, enabling them to adapt to new market conditions.”

  • Pay-TV in vital stage; service providers must innovate: Study

    Pay-TV in vital stage; service providers must innovate: Study

    SINGAPORE: Pay-TV has entered a period of significant change. Competition is set to increase dramatically, and, in order to grow, service providers will have to innovate strongly.
    Nagra, a Kudelski Group (SIX:KUD.S) company and the world’s leading independent provider of content protection and multi-screen television solutions, in partnership with MTM, has published the global learnings from the Pay-TV Innovation Forum. Findings from the Asia Pacific leg of the programme were released last month.

    According to the global findings, industry participants strongly believe that pay-TV, while still growing worldwide, has entered a period of significant change, creating both challenges and opportunities. 83% of executives stated that competition is set to increase dramatically and 78% agreed that in order to grow, service providers will have to innovate strongly over the next five years. However, the state of innovation varies by region. North American pay-TV service providers are notable for their innovation capabilities, offering the most advanced and diversified product and service portfolios. In comparison, pay-TV markets in Asia Pacific are much more fragmented, with market characteristics and service-providers’ innovation capabilities varying substantially by territory.

    Looking forward, executives cited strengthening their core pay-TV platform by going beyond traditional services as their main area of opportunity by focusing on multiscreen/TV everywhere services (76 per cent), new types of content (74 per cent), and new content pricing and packaging strategies (73 per cent). Just over half of executives also see opportunities in advance advertising and data (54 per cent), as well as standalone OTT services (53 per cent).

    Identifying opportunities for innovation globally, the research notes that many service providers have already started investing in new growth areas. North American providers, for example, see a significant commercial opportunity in new forms of content that appeal to Millennials and Generation Z such as digital-first short-form content, on-boarding of third-party OTT services, virtual reality, and gaming. Some European and Asia Pacific pay-TV service providers also see value in providing OTT or gaming services on their pay-TV platforms, particularly through partnerships. Only a smaller number of large scale operators currently address business adjacencies such as advanced advertising and Internet of Things (IoT).

    The research also identifies four major innovation success factors for the industry including strong customer and market insight, having the right platforms and processes, as well as strategic and collaborative partnerships with best-of-breed technology suppliers and content companies.

    “As broadband becomes more ubiquitous in several markets, competition from streaming media platforms intensifies and consumer TV and video journeys evolve, it is clear that the industry needs to innovate at a faster pace to satisfy its customers and remain relevant,” said Simon Trudelle, Senior Product Marketing Director for NAGRA. “Thanks to the work of the Pay-TV Innovation Forum, we now have a global view of the state of innovation around the world and a foundation of key learnings to ensure future success and growth for pay-TV service providers.”

    “The pay-TV industry is a global success story,” said Jon Watts, Managing Partner at MTM. “Despite some regional differences, the majority of executives expect to continue innovating around their core pay-TV services, improving user experience and developing new ways to price and package content, bringing new kinds of content onto their TV platforms, and continuing to invest in multiscreen offerings. The research programme also shows that successful service providers have focused strongly on developing their innovation capabilities, enabling them to adapt to new market conditions.”