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Tag: digital media

  • IAB Tech Lab lays down new rules to stop AI from eating the web’s lunch

    IAB Tech Lab lays down new rules to stop AI from eating the web’s lunch

    MUMBAI: When your content becomes someone else’s main course, it’s only fair to send them the bill. Publishers and advertisers have long played the thankless role of feeding the internet’s knowledge machine. But with the rise of large language models (LLMs) and AI agents hoovering up open web content without so much as a nod—or a rupee—the tables are finally turning.

    The IAB Tech Lab, the global technical standards-setting body for digital advertising, has taken a firm stand against the unchecked rise of generative AI. In a bold move, it announced a new framework dubbed the LLM Content Ingest API Initiative, aimed at helping publishers and brands monetise and manage how their content is consumed by AI systems.

    “It is clear that AI agents powered by large language models are shifting how users engage with content”, said IAB Tech Lab CEO Anthony Katsur. “While this is a promising new way for people to access information, we have also seen data showing publisher traffic decreases at 15 per cent or higher, and revenue is down. Meanwhile, AI platforms are growing on the back of open web content, impacting publisher revenues and misrepresenting advertisers. This initiative is about giving publishers and brands a path forward that is fair, enforceable, and grounded in technical standards”.

    The new framework targets AI’s relentless content scraping. It proposes a structured technical solution that ensures publishers get compensated for their content and brands control their digital reputation in AI-generated search summaries and chat responses.

    At the heart of the initiative is the LLM Content Ingest API, a tool that enables content owners to manage how AI models ingest and present their material. The framework seeks to stem traffic and revenue losses and aims to empower publishers with tools to govern bot access, track AI scraping, and monetise their digital assets more effectively.

    “The LLM Content Ingest API is one part of the framework to address the challenges publishers and brands face from the growing use of AI-based tools by consumers”, said IAB Tech Lab EVP, product & COO Shailley Singh. “The proposed technical framework is designed to foster better collaboration between LLMs/AI agents and content owners and to lay the foundations for fair value exchange for content, two of the biggest challenges that have emerged since the proliferation of generative AI and endanger the web economy as it works today”.

    The IAB Tech Lab plans to kick off the effort with a workshop, bringing together publishers, brands and AI developers to co-create solutions. Among the talking points: managing bots that mine data without permission, building AI-friendly but fair delivery mechanisms, and ensuring brand information isn’t lost—or worse, misrepresented—in the LLM ether.

    With publisher traffic already dipping by 15% and revenues following suit, the initiative couldn’t have come sooner. The Lab’s approach blends technical pragmatism with economic common sense, aiming to strike a balance between innovation and ownership in a world where chatbots can mimic your writing but never pay your bills.

  • SW Network Wins Integrated Digital Mandate for – Fujifilm India instant camera brand instax

    SW Network Wins Integrated Digital Mandate for – Fujifilm India instant camera brand instax

    MUMBAI:  SW Network has landed a picture-perfect win with Fujifilm India, snapping up the integrated digital marketing mandate for its cult instant camera brand, instax Following a multi-agency pitch, the agency will now helm everything from D2C performance marketing and media planning to influencer collaborations, SEO and scroll-stopping creative.

    Leading the charge will be SW Growth Labs, the growth vertical of the agency, alongside SW Creative, which will craft platform-first content and thumb-stopping narratives aimed at Gen Z and Millennial audiences hooked on vintage vibes and tangible memories.

    instax, already a darling of creators, collectors, and cool kids, is capitalising on the global revival of instant photography. With smartphones saturating digital memories, these pocket-sized snap-and-print gadgets have made a comeback—one polaroid at a time. From designer film cartridges to smartphone printers, instax has firmly positioned itself as the go-to for the #aesthetic generation.

    SW Network  cofounder Raghav Bagai shared his enthusiasm on  the partnership: “instax is more than just a camera brand. It is an experience that blends nostalgia with creativity, allowing people to capture and share moments in a tangible way. SW Growth Labs will lead performance marketing and SEO, while SW Creative will drive creative, influencer, creative, and social strategies. Together, we are building an integrated approach to accelerate the brand’s digital growth in India. At SW Network, we believe in the power of data-driven creativity to build meaningful brand connections. We look forward to strengthening brand presence and engagement in the market.”

    Fujifilm India instax division digital marketing manager Shaiphali Galhotra  added, “Our partnership with SW Network is a key step in strengthening the brand’s digital-first approach. By integrating media, social, and performance marketing strategies, we aim to build a stronger, more engaging brand presence while enhancing our D2C experience. We are confident that SW Network’s expertise will drive meaningful results and solidify the brand’s market leadership in India’s instant photography market.”

    With this win, SW Network adds yet another feather to its cap, proving that when strategy meets sentiment, you get more than just clicks—you get keepsakes.

  • AI takes the spotlight at Storyboard18 DNPA Conclave 2025 in New Delhi

    AI takes the spotlight at Storyboard18 DNPA Conclave 2025 in New Delhi

    MUMBAI: As artificial intelligence reshapes industries at an unprecedented pace, the Storyboard18 DNPA Conclave 2025 is set to decode its impact on media. Slated for 27 February in New Delhi, the event will centre around the theme “Media Transformations in the Age of AI”, bringing together policymakers, technology leaders, media veterans, and marketing experts to explore the evolution of digital journalism and the ethical responsibilities that come with it.

    Union minister Ashwini Vaishnaw will deliver the keynote address, joined by EU’s AI Working Group co-chair Michael McNamara, and senior bureaucrats S Krishnan (MEITY) and Sanjay Jaju (I&B ministry). These high-profile policymakers will discuss the intersection of AI, media regulations, and governance.

    The conclave will also host stalwarts from the corporate world, including Havas Media CEO Mohit Joshi, EY partner Amiya Swarup, Dabur VP Rajiv Dubey, and Policybazaar.com CMO Sai Narayan, who will explore AI’s role in revolutionising digital advertising and cost structures.

    The rise of AI-generated content has sparked a crucial debate—where do we draw the line between machine efficiency and human editorial judgement? At the conclave, top news anchors will engage in a thought-provoking session examining AI vs. human journalism and the ethical boundaries in reporting.

    Tech innovators, including CoRover AI’s Ankush Sabharwal, Frammer AI’s Kawaljit Singh Bedi, and Elevenlabs – Audio AI’s Siddharth Srinivasan, will demonstrate how AI is making digital news content richer, more interactive, and highly personalised. Meanwhile, Google’s Durga Raghunath and Boom Live’s Jency Jacob will address fact-checking, misinformation, and deepfakes—the growing challenges in an AI-driven news cycle.

    DNPA, representing India’s top 20 print and TV media houses—including Times of India, Indian Express, Hindustan Times, NDTV, Zee Media, The Hindu, and Dainik Jagran—has curated this conclave to pave the way for an equitable, sustainable, and responsible digital media ecosystem.

    From showcasing AI-driven newsroom innovations to providing a platform for startups to present their breakthroughs, the Storyboard18 DNPA Conclave 2025 promises a day packed with insights, debates, and groundbreaking ideas.

    To know more, visit: Storyboard18 DNPA Conclave

  • The Logical Indian joins forces with RVCJ Media Group

    The Logical Indian joins forces with RVCJ Media Group

    MUMBAI: “When two forces unite, their efficiency doubles” Isaac Newton’s timeless wisdom finds a perfect echo in today’s digital landscape, where two giants of content creation have joined hands to revolutionise how stories are told and consumed.

    Picture this: the unmatched credibility of The Logical Indian, known for its socially impactful storytelling, meets the vibrant cultural pulse of RVCJ Media Group, a name synonymous with entertainment and wit. Together, they promise to reshape India’s digital narrative into a powerhouse of creativity, authenticity, and reach.

    As people spend an average of 6 hours and 36 minutes online daily, with 2 hours and 23 minutes devoted to social media, this alliance emerges like a burst of sunlight in the ever-buzzing world of screens and swipes. For every swipe on your For You Page, for every share that sparks a conversation, a seamless blend of sharp journalism and engaging entertainment will now take center stage.

    Brace yourselves, India—your feeds are about to get a whole lot more exciting!

    The announcement was made during the second edition of RVCJ-owned Marketing Mind’s Millennial Achievers Awards in Mumbai on 29 November, marking a pivotal moment in India’s digital content evolution. This partnership, rooted in shared values of authenticity and purpose, positions the two entities to craft innovative content marketing solutions for brands and advertisers while captivating audiences across India’s diverse digital landscape.

    The Logical Indian, co-founder & CEO, Abhishek Mazumdar emphasised the significance of the partnership, “This isn’t just about scaling operations; it’s about scaling impact. The Logical Indian will continue to operate with editorial independence while leveraging RVCJ Media Group’s cutting-edge technology and audience reach to deepen our commitment to truth and transformation.”

    RVCJ Media Group co-founder & CRO, Aziz Khan highlighted the role of technology and vernacular storytelling in the collaboration, “AI is revolutionising how we connect with audiences. By localising content and delivering personalised experiences, this partnership allows us to lead India’s digital landscape. Together, we aim to craft content that entertains, informs, and empowers.”

    With a combined monthly reach of over four billion and a 55-million-strong audience base, the partnership aims to penetrate tier two and tier three markets, crafting narratives that resonate with varied communities. The integration of The Logical Indian into RVCJ’s ecosystem positions the group as one of India’s most diverse digital hubs, seamlessly bridging entertainment, information, and purpose.

    As part of the alliance, Marketing Mind co-founder, Atul Dwivedi has assumed the role of president of revenue and brand partnerships at The Logical Indian. He aims to strengthen the platform’s revenue model by fostering brand collaborations and expanding intellectual properties.
    “Together, our platforms will deliver unmatched storytelling that fosters deeper relationships between brands and their consumers,” Dwivedi stated.

    The partnership is set to empower brands with unparalleled access to diverse audience segments, from socially aware youth to mass entertainment enthusiasts. Khan summarised the vision behind the alliance, “This is more than a business decision; it’s a commitment to redefining how content serves India—a future where top-tier entertainment, reliable information, and social impact intersect seamlessly.”

    With an emphasis on rapid experimentation and continuous refinement, the collaboration is poised to lead the next wave of engaging and impactful digital content in India.

  • Media Matrix Worldwide surges despite mixed Q2 results

    Media Matrix Worldwide surges despite mixed Q2 results

    Mumbai: The financial landscape for Media Matrix Worldwide Limited (MMWL) in Q2 FY25 paints a nuanced picture, juxtaposing robust revenue growth with strained profitability. With consolidated revenue from operations skyrocketing by 44.5 per cent YoY to Rs 1,35,688.52 lakh, the company has demonstrated remarkable top-line momentum. However, mounting expenses and shifts in inventory dynamics tempered the gains, reflecting the challenges of navigating an evolving business ecosystem.

    Media Matrix’s consolidated revenue from operations surged, bolstered by a significant increase in the trading of electronic items. Compared to Rs 93,756.58 lakh in the corresponding quarter of FY24, the latest figures underscore a well-executed growth strategy. The sale of services, though contributing a modest Rs 304.15 lakh, remained stable, affirming the firm’s diversified revenue streams.

    Despite the impressive revenue trajectory, the company’s net profit declined to Rs 205.54 lakh, down from Rs 307.14 lakh a year ago. The dip largely stems from a substantial increase in finance costs, up 54.3 per cent to Rs 657.25 lakh, reflecting higher borrowings during the period. Other factors, including a rise in employee benefit expenses by 14 per cent, added further pressure to the bottom line.

    Operational Highlights

    – Inventory Adjustments: Changes in inventory of stock-in-trade significantly reduced expenses by Rs 2,240.92 lakh, indicating efficient stock management.

    – Employee Costs: Employee benefit expenses rose to Rs 249.66 lakh, up from Rs 218.95 lakh YoY, showcasing investments in human capital.

    – Depreciation: Marginally increased to Rs 39.81 lakh, signifying sustained investment in operational infrastructure.

    Notably, the quarter’s other comprehensive income recorded a dramatic turnaround, moving from a gain of Rs 3,280.91 lakh last year to a loss of Rs 2,089.96 lakh. This shift is attributed to fair value changes in investments held by subsidiaries, reflecting broader market volatility.

    Cash flows from operations reflected a net outflow of Rs 4,390.10 lakh, contrasting starkly with the inflow of Rs 3,057.53 lakh reported for FY24. However, the company’s liquidity position strengthened, with cash and cash equivalents rising sharply to Rs 470.93 lakh from Rs 89.40 lakh, thanks to effective management of short-term borrowings.

    Media Matrix Worldwide continues to capitalise on its expertise in digital media and electronics trading. However, the dual challenges of rising finance costs and a volatile investment climate demand strategic recalibration. While the revenue trajectory inspires confidence, sustaining profitability in the face of external headwinds will be key to maintaining investor trust.

  • “We invest in creating unique, authentic, engaging and high-quality content:” Jist’s Rishi Pratim Mukherjee

    “We invest in creating unique, authentic, engaging and high-quality content:” Jist’s Rishi Pratim Mukherjee

    Mumbai: In today’s digital age, the way we consume news and entertainment has evolved dramatically. With the rise of digital platforms and social media, millennials and Gen Z  prefer accessible, engaging, and informative content that simplifies complex news and entertainment topics. This shift has not only transformed how content is delivered but also how it’s consumed.

    Amidst this trend stands Jist Media, a dynamic digital news and entertainment company that has redefined content creation. Jist is founded by Rishi Pratim Mukherjee (co-founder & CEO), Sattvik Mishra (co-founder), and Nitin Narang (co-founder). Since its inception in January 2023, Jist has captivated over five million followers with its innovative approach to simplifying news and making it accessible through a mix of short and long-format videos. With a staggering 1.2 billion views and a reach of 3.5 billion, Jist has quickly emerged as a leading player in the digital media landscape, resonating deeply with a young, curious audience eager for meaningful and engaging content.

    Indiantelevision.com caught up with Jist Media co-founder & CEO Rishi Pratim Mukherjee to gain more insights on the latest developments at Jist, their business model, and much more…

    Edited Excerpts:

    On the inspiration behind the creation of Jist and the journey since its launch; and some of the latest developments at Jist

    Jist (India), is a digital news and entertainment company that creates videos to explain the world to young, curious audiences –  particularly millennials and Gen Z. Our platform aims to empower users through accessible, authentic, engaging, and informative video content. With a dedicated team of 40 plus talented individuals, we consistently produce 250 plus original videos per month, catering to the preferences of audiences who have a penchant for video content consumption.

    Our primary focus is to cater the audiences who have a preference for video content consumption. Over the past year, our social media channels including Facebook, Instagram and X have reached 1.2 billion views per year and amassed five million followers. This tremendous growth is a testament that there is a growing audience for meaningful content that is merely not serving news in a static manner but providing genuine value by making sense of the news cacophony surrounding today’s digital natives. This overwhelming response gives us the confidence to keep making content for our audience and continue to reimagine storytelling via multiple digital formats.

    Latest developments – Jist is currently leveraging branded content partnerships. It has begun taking nascent steps in monetising its content by partnering with marquee brands like Invideo AI, Iqoo, Baazi Games, JB Power Consultants, and Rockford (Modi Illva India Pvt Ltd).

    On Jist setting itself apart from other digital news and entertainment platforms

    We invest in creating unique, authentic, engaging and high-quality content that caters to the diverse needs and interests of our audience eg – entertainment, health, lifestyle, politics, economy and sports among others. As mentioned above, our social media channels including Facebook, Instagram and X have reached 1.2 billion views per year and amassed five million followers. We are committed to meeting the evolving preferences of our viewers by providing them a seamless and enriching experience on the devices of their choice.

    We prioritise quality engagement metrics over mere quantitative indicators.

    On Jist’s business model and the strategies to monetise your content effectively

    Jist operates on a digital content business model, focusing on curating and creating original video content in both short and long formats. Targeting a community of over five million millennials and Gen Z followers, Jist produces infotainment content that makes news simple, fun, and accessible. Since its launch in January 2023, Jist has garnered 1.2 billion views and a reach of 3.5 billion (in 2023 alone). Jist is currently leveraging branded content partnerships. Jist has begun taking nascent steps in monetising its content by partnering with marquee brands like Sprite (Coca Cola) Titan Eyewear, Invideo AI, Iqoo, Baazi Games, JB Power Consultants, and Rockford (Modi Illva India Pvt Ltd).

    On strategies that Jist has implemented to rapidly grow its user base

    We invest in creating unique, authentic, engaging and high-quality content that caters to the diverse needs and interests of our audience eg – entertainment, health, lifestyle, politics, economy and sports among others. The platform reached a significant milestone in 2023, surpassing 700 million viewers across its social media platforms, and are thrilled to see the continued growth in viewership throughout the year. We are committed to meeting the evolving preferences of our viewers by providing them a seamless and enriching experience on the devices of their choice.

    What content consumption trends are you noticing among millennials and Gen Z and how does Jist tailor its content to meet the preferences of younger audiences

    In recent years, there has been a notable transformation in the content consumption pattern of the youth in India, particularly for news and entertainment. According to a report by Global data company YouGov, young consumers between 25-34 years will be driving streaming growth in India. As consumer content consumption patterns continue to evolve, we at Jist News are committed to adapting our content creation approach including leveraging innovative digital storytelling formats, enhancing our presence on social media platforms, and exploring opportunities in the growing streaming market to deliver engaging and relevant content that resonates with our audience.

    ●    Our focus is on providing editorially curated news content that offers perspective and important contextual cues, making sense of the noise for our audience in a language and format native to their digital experience, ensuring both relevance and engagement.

    ●    Ensuring the authenticity of information is paramount to us. Our editorial team led by Rahul Shrivastava, who comes with decades of experience in esteemed news organisations like NDTV and India Today, upholds classical fact-checking and journalistic rigour to meet the highest standards of credibility and reliability. Our editorial team is mentored and moulded constantly to present content that meets the highest journalistic standards.

    ●    While entertainment content, especially scripted fiction, remains popular among Indian youth, there is a noticeable shift towards consuming more informative and issue-driven content. This indicates a growing interest among the youth in understanding and engaging with important social, political, and cultural issues.

    ●    The rise of over-the-top (OTT) streaming platforms has transformed the way Indian youth consume entertainment, with on-demand viewing becoming the norm over traditional appointment-based TV watching.

    ●    We prioritise quality engagement metrics over mere quantitative indicators. Metrics such as organic views, video completion rates, average watch time, and the quality of user comments are considered more meaningful in assessing the effectiveness and impact of its content on the audience.

    We recognise this shift in preferences and strive to provide content that not only entertains but also informs and educates its audience. By delivering well-researched, authentic, and digestible news content, Jist News aims to simplify complex topics and make them more accessible to the digitally savvy youth.

    On some of the most successful IPs Jist has created so far and future IPs that we can look forward to, from Jist Media

    Our most produced content IP is Answered, helmed by in-house anchors Nimisha Wahi and Nishtha Pandey, vertical format video explainer that is Reels first. Each video has an average duration of 120-240 seconds, focusing on crunching information on key topics trending in the news and connecting information dots for our audience, providing them with context of the topic. We handle the entire production process in-house, garnering 15 million monthly views from this content alone.

    In addition to this, all our original interviews – HotSpot (politicians), Townhall (actors, celebs), Spotlight (social media influencers) which are approximately an hour (for YouTube), are sliced into pithy highlight chunks for our reels and shorts section.

    Our IP – Townhall, interview series, features celebrities from the entertainment industry(featured so far – Richa Chaddha, Bhumi Pednekar, Manoj Bajpayee, etc.).

    It is one of our most popular formats and has rapidly gained traction and garnered 100 plus million views over the past year.

  • Zee Media Corporation Limited Promotes Chandan Kumar to Vice President Monetisation Sales

    Zee Media Corporation Limited Promotes Chandan Kumar to Vice President Monetisation Sales

    Chandan Kumar has been promoted as Vice Presidentmonetisation sales at  Zee Media Corporation Limited. This significant elevation is a testament to Chandan’s exceptional expertise in digital monetization and his invaluable contributions to the company.

    Chandan Kumar, a highly accomplished digital monetization expert, boasts an impressive 16-year career that spans media selling, planning, programmatic business, and the development of digital assets. His extensive experience and profound understanding of the digital landscape have established him as a pivotal figure in the industry.

    Throughout his career, Chandan has collaborated with some of the most prestigious digital media houses, including Times, Rajasthan Patrika, Zee Entertainment, and Zee Media. His work with these renowned organizations has solidified his reputation as a leading expert in digital monetization.

    One of Chandan’s most notable achievements is his exceptional proficiency in building revenue models for both corporate and retail businesses. His expertise in this area has enabled him to develop and implement effective strategies that optimize revenue generation. In addition to his work with large corporations, Chandan has successfully pioneered new media solutions for retail SMEs (Small and Medium Enterprises) as well as international business segments. These innovative approaches have led to significant incremental business growth.

    Chandan’s ability to navigate the ever-evolving digital landscape and identify opportunities for revenue growth is a testament to his expertise. His adaptability to changing market trends and implementation of effective strategies have played a crucial role in his sustained success. His keen business acumen and strategic vision have consistently driven revenue growth for the organizations he has been associated with.

    Commenting on his promotion, Chandan Kumar said, “I am honored to take on the role of Vice President at Zee Media Corporation Limited. This promotion is a reflection of the collective efforts of my team and the trust placed in me by the organization. I look forward to driving further innovation and revenue growth in our digital platforms.”

    Chandan Kumar’s impressive track record as a digital monetization expert showcases his strong business acumen and ability to drive revenue growth for various businesses. His contributions to the industry have made a significant impact on the success of the organizations he has worked with, solidifying his status as an invaluable asset in the field of digital media.

  • DMEA 2024 honours trailblazers in the digital media industry

    DMEA 2024 honours trailblazers in the digital media industry

    Mumbai: The Digital Media Excellence Awards 2024 showcased the best practices, innovative strategies, and impactful campaigns that shaped the digital media industry. Indiantelevision.com group was honoured to celebrate such outstanding achievements and contributions of agencies in the digital media landscape.

    Here is the complete list of the winners:

    DMEA 2024 Winners

  • Performics India elevates Gautam Surath as its chief operating officer

    Performics India elevates Gautam Surath as its chief operating officer

    Mumbai: Performics India, part of Publicis Groupe India has announced the elevation of Gautam Surath as its Chief Operating Officer (COO), effective from January 1, 2024. In his new position, Surath will provide strategic direction and oversight to all domestic large client portfolio, spanning across BFSI, CPG, Telco, Travel& Hospitality, Gaming and New-Age Startup industry verticals. In addition, he will integrate Performics’s rich expertise on digital media, e-commerce and SEO with new-age beyond media capabilities such as MarTech, Data, AI and Performance creatives to help our clients maximise value from their digital investments. In this new role, Surath will report to Lalatendu Das, Performics India CEO.

    Surath has been with Publicis Groupe for over 20 years, working across, China, Southeast Asia and India. Surath has demonstrated an impressive track record in serving clients across media, ecommerce, data, analytics and technology. Prior to the current role, Surath led BFSI and CPG verticals for Performics India as its Managing Partner.

    Performics is a leading provider of digital, performance marketing, e-commerce, digital creative and MarTech solutions in India. Performics India has been on a strong growth trajectory, clocking double digit revenue CAGR consistently over last 4 years. Further, 2023 has been a seminal year for Performics with multiple award wins at reputed platforms such as DRUM, Effies, MMA Smarties and Emvies. Performics India’s decision to appoint Surath as COO is a strategic move aligned to the company’s overarching vision of being the ‘pre-eminent full-stack digital marketing Agency in India.’ His proficiency in cross-disciplinary functions, along with his proven leadership capabilities, positions him as a key enabler in realising Performics India’s aforesaid vision.

    Das said, “I am extremely pleased to have Gautam as our Chief Operating Officer at Performics India. Gautam brings rich digital experience at the intersection of digital Branding, eCommerce and Performance media. Our clients are looking for full-stack digital solutions, including rich media, SEO, digital creatives, data and AI, to drive specific outcomes.

    Leveraging his holistic understanding on media, data, analytics and eCommerce, Gautam will provide consultative support to our clients in their growth journey. Further, as Chief Operating Officer, Gautam is poised to contribute significantly to Performics India’s continued success and growth trajectory. On behalf of the entire team at Performics India, I congratulate Gautam on this well-deserved promotion and look forward to our continued collaboration.”

    Speaking about the new opportunity, Surath said “These are exciting times at Performics India. We are now well into our journey of creating expertise within our key industry verticals CPG, BFSI/Fintech, OTT and Telecom. We continue to strive to grow our clients market share through a blend of strategic, technological, and product-oriented solutions. In a world where consumers engage with more and more platforms, our 1800 performance marketing experts, who undergo continuous certification on these platforms bring a distinctive advantage to our clients. I look forward to being part of Performics India’s growth journey and the opportunity to shape it.”

  • Singapore is a strategic location for our expansion – Prateek Kumar

    Singapore is a strategic location for our expansion – Prateek Kumar

    Mumbai: Visionary entrepreneurship is not just vital for establishing a business setup but making a strong position in the eyes of the clientele. Yield goodwill is a long-term process with anticipation of the right marketing mix. A proactive approach is not just eye-catching but astonishes sustainability in the brand market. On different parameters about technology and transformation, we discussed with NeoNiche founder and CEO Prateek Kumar to know his perspective.

    Indiantelevision.com exclusively speaks with Prateek Kumar on data security, data integration, communication methods, marketing mix, differential clientele services in a dynamic environment whether it is AI, technology, metaverse, future prediction, and his visions.

    Here are excerpts –

    On ISO certification in 360 degree marketing –

    NeoNiche is not only ISO Certified in Data Security and Quality assurance but also is SOC2 and GDPR Compliant. All kinds of certifications hold significant importance for a “Full Services” and “Marketing Product Company” as they foster quality, credibility, efficiency, and responsibility. It aligns with the demands of a dynamic and interconnected business environment, contributing to the overall success and sustainability of a company and the Customers it serves.

    On differential services in NeoNiche agency –

    NeoNiche is “Digital First: full services agency where we merge creativity with technology. Our data-driven insights, A Partnership network across major global locations, Our International Branch in Singapore, and our extensive domestic network across India help us increase our “Speed to Market”

    NeoNiche is known for offering a wide array of services beyond traditional Marketing offerings, Marketing Automation, Managed Marketing Services, Outsourced CMO, Influencer Marketing, Performance Marketing, Data-driven insights, Content Studio, Experiential Marketing, and consultancy services. This diversified portfolio allows NeoNiche to provide comprehensive solutions to clients, integrating various aspects of marketing and communication strategies. We don’t believe in the “One Size Fits All” philosophy and have different offerings for Large B2B enterprises, SMEs, and startups.

    NeoNiche places importance on building strong and enduring relationships with its clients. A client-centric approach involves understanding the unique needs of each client and tailoring solutions to meet their specific goals. This focus on client satisfaction and partnership can set WPP apart in the competitive landscape.

    On AI in  advertising and its inclusive role of transformation in digital agencies –

    Yes, AI has a transformative impact on Marketing agencies’ digital services, particularly in the realm of inclusive advertising. Including Targeted Advertising, Content Creation and Optimisation, Language Translation and localization, Better Customer Insights and Analytics Chatbots for Customer Interaction, and Inclusive Representation as AI image analytics can align products with gender, ethnicity, and demographics. By leveraging AI technologies, agencies can create more personalised, representative, and effective advertising campaigns that resonate with a broad and diverse audience.

    On NeoNiche Strategical expansion in the Singapore Market –

    Different markets have different characteristics even in India different States react to a particular Marketing Stimulus in different ways our Growth and metamorphosis from “Marketing services Organization” to “Marketing Product and Services organization” as NeoNiche is catering to Enterprise in B2B marketing in a huge way be it our offerings like “NeoFlo”, “ Nsync”, “B2B Digital Marketing Services”, “Community Building”, “Managed Marketing Services” or more traditional “Experiential Marketing Services”

    Singapore is a strategic location for our expansion as Its proximity to major markets in the region, such as China, India, and other Southeast Asian countries, can provide logistical advantages for businesses. due to its dynamic business environment, strong infrastructure, and pro-business government policies. The city-state’s reputation as a regional hub for technology, finance, and innovation aligns perfectly with our growing clientele and our vision for future growth. Additionally, Singapore’s diverse talent pool and multicultural society provide us with the resources and expertise to effectively serve our clients across the Asia-Pacific and ANZ regions.

    On strike balance with affordability and quality including ROI –

    Balancing affordability and quality is a common challenge in any industry, but it’s crucial for success. Since we are no longer just an “Experiential Marketing” or an “Event Company” as we have long moved to a space where we have moved from a “Marketing services Organization” to a “Marketing Product and Services organization” this gives us a “Full Services Capability”; Our Products and Solutions provide deep insights and generates ROI on Every project that we undertake.

    On a journey to become an entrepreneur –

    NeoNiche was started with the single dream of bridging the gap between the marketers and the understanding of his/her hired agency. We started with the single aim to reinforce the relationship between the company & customers, brand & buyers, and product & prospects, by creating experiences, delivered in real-time across multiple platforms of Social, Digital, and on-ground Event experiences. While We embarked on this journey with our team, we realised this was only possible if we truly cared about people who mattered to us, our team, families, Our Suppliers, our customers, the society that we live in, and the law of the land.

    On generalisation of creativity-focused business –

    The proliferation of digital marketing agencies worldwide does indicate a significant trend in the business landscape. While the widespread presence of these agencies may suggest a generalisation of creativity-focused businesses, it’s important to recognise that not all digital marketing agencies operate in the same way or prioritise creativity equally.

    Digital marketing agencies serve a variety of purposes, and their services can range from basic advertising and social media management to more specialised areas like search engine optimization (SEO), content marketing, and data analytics. The level of creativity involved often depends on the specific goals of the client and the nature of the services provided. Also, consolidation always happens in any industry, remember the Dotcom boom of the early 2000s only the one that creates real value for customers to thrive and grow.

    On anticipation of industry performance in upcoming financial years –

    The pace of technological innovation is expected to continue, with advancements in areas like artificial intelligence, quantum computing, 5G, and the Internet of Things (IoT). Industries that effectively integrate and leverage these technologies may experience significant growth. As environmental concerns continue to rise, there’s a growing emphasis on sustainable practices. Industries involved in renewable energy, eco-friendly products, and sustainable technologies may see increased demand. Economic landscapes can impact industries differently. Global economic trends, trade policies, and geopolitical events may influence the growth and development of various sectors including Marketing.

    With the increasing digitisation of businesses and daily life, the importance of cybersecurity is expected to grow. Industries dealing with cybersecurity solutions and services may experience increased demand.

    Automation and AI adoption are likely to increase across industries, impacting jobs and processes. Industries that effectively integrate these technologies may enhance efficiency and productivity. While this is my guess it is important to note that unexpected events, such as global crises, technological breakthroughs, regulatory changes, or geopolitical shifts, can significantly alter industry trajectories.

    On the suitability of metaverse in the Indian continent –

    The metaverse offers various economic and business opportunities, ranging from virtual commerce to immersive experiences. Indian businesses could explore these opportunities, especially in sectors like gaming, e-commerce, education, and entertainment. It is important to note that the success of the metaverse relies heavily on robust digital infrastructure and widespread internet connectivity. India has been making strides in improving digital infrastructure, including the expansion of broadband access. The continued growth in this area would positively influence the adoption and success of metaverse technologies.

    It is also important to note that the adoption and success of the metaverse are influenced by a complex interplay of technological, cultural, economic, and regulatory factors. As the concept continues to evolve, ongoing developments in these areas will shape its impact on the Indian technology landscape.

    On over-dependency on AI and the quantum of work –

    While generative AI has the potential to revolutionize the media industry by improving efficiency and creativity, it’s essential to approach its adoption with caution. A thoughtful and balanced integration of AI, combined with human oversight, is crucial to harness the benefits while mitigating potential drawbacks. Regulatory frameworks and ethical guidelines can help guide the responsible use of AI in the media sector.

    On future objectives plans of NeoNiche  –

    NeoNiche has embarked on a transformative journey from being an Indian Experiential Marketing company to a global one, we strive to bring the richness of our heritage and a dynamic approach. We are mastering brand experiences in the vibrant Indian market, our vision extends beyond borders. As we evolve into a Global Full full-service marketing entity, our goal is to craft narratives that transcend cultures, break barriers, and inspire positive change.