Tag: Dream 11

  • Dream11 & Puma team up for first athleisure collection

    Dream11 & Puma team up for first athleisure collection

    KOLKATA: Fantasy sports platform Dream11 has joined forces with the global sports brand Puma to launch its first athleisure collection in India. The two sporting powerhouses have co-created an exclusive range under the label – PumaxDream11. The merchandise assortment includes t-shirts, flip-flops and caps and will be available online on FanCode Shop, at exclusive Puma stores and Puma.com.

    With over 100 million users, Dream11 will now be able to connect with sports fans offline while tapping into the athleisure market in India, which is growing at a rate of 20-25 per cent annually. The first collection was launched just in time for IPL 2021. The collaboration also includes an autumn-winter range which will exclusively be available during the upcoming T20 World Cup hosted in India. The designs under the PumaXDream11 collection are branded under the campaign theme ‘Dream It. Own It’.

    Dream11 & Dream Sports co-founder and CEO Harsh Jain said, “We are excited to launch our first athleisure collection along with Puma, which shares our belief in making sports better for all. We are certain that this collaboration will strengthen Dream11’s offline brand affinity and loyalty. We are sure that this sporty collection will resonate with both our 100 million users and Puma brand champions.”

    Puma India and southeast Asia managing director Abhishek Ganguly added, “Dream11 and Puma share a common vision to grow the culture of sports in India. As pioneers of fantasy sports in the country, they understand the pulse of sports enthusiasts and have been powering this ecosystem by giving fans a platform to follow, track and actively engage with the game. We are happy to partner with Dream11 to launch their first athleisure collection.”

  • Brand IPL value takes its first tumble in six years: Report

    Brand IPL value takes its first tumble in six years: Report

    MUMBAI: So the pandemic did leave its mark – rather a financial dent – on Brand IPL, similar to that on other businesses and the overall economy. The value of the IPL ecosystem has fallen by 3.6 per cent to Rs 45,800 crore post-2020 season, according to a brand valuation report by Duff & Phelps. In 2019, the IPL commanded a brand value of Rs 47,500 crore, which had grown seven per cent over the previous year.

    The fall in brand value was largely due to Vivo pulling out of the title sponsorship deal, additional costs involved to create a secure bio-bubble environment etc. IPL 2020 matches were played behind closed doors, effectively impacting the in-stadia revenues, including gate receipts and food and beverages, the report said.The individual franchisees have also witnessed a reduction in their brand values over the last year, Duff & Phelps said on Wednesday releasing the seventh edition of its valuation report on IPL. This was largely attributed to reduced franchisee-related sponsorship revenue, loss of gate receipts, reduced food and beverage (F&B) revenue, and certain teams’ on-field performances and off-the-field issues.

    Though one of the key franchises, the Reliance Group-owned Mumbai Indians has retained the top spot in the brand rankings for the fifth consecutive year, at a brand value of Rs 761.0 crore, it is nevertheless down 5.9 per cent from 2019. Chennai Super Kings saw its brand value fall the most, by 16.5 per cent year-on-year, to Rs 611 crore in 2020, while that of Delhi Capitals’ dropped the least, by one per cent to Rs 370 crore, the report said.

     “The standalone franchisee brands have seen their brand values decrease as the pre-Covid-19 sponsorship deals were reduced by 15-20 per cent before the start of the tournament, predominantly because there were no ‘meet and greet’ events with players; and there were no free tickets in stadiums,” Duff & Phelps India external advisor Santosh N was quoted as saying in the report.

    However, with people forced to spend time at home, there was an increase in IPL television viewership making the 2020 edition a huge success for broadcasters as it broke viewership and advertising revenue records. "Television ratings skyrocketed and advertisers tapped into this opportunity to scale up their brand image. Despite the challenging year, this momentum is indicative of how strong the IPL brand has become," observed Santosh.

    With the economy opening and virus infections decreasing, sponsorship deals are expected to be back to the pre-pandemic levels. Also, an increase in the number of teams in 2022 and the renewal of media rights in 2023 will enhance the IPL ecosystem value in the future, he added.

    Furthermore, with Vivo back as the title sponsor of the T20 league this year, things are already beginning to look up. In 2020, IPL 13 had seen lower sponsorship revenue compared to 2019 as the IPL had signed up Dream 11 as title sponsor for Rs 222 crore for one season, as against the Rs 440 crore per year they had been getting from Vivo.

    The list of sponsors who want to be associated with the Indian Premier League is only growing season after season, and the fourteenth season of the tournament promises to be no different.

  • SoftBank’s Paroma Roy Chowdhury joins Dream Sports

    SoftBank’s Paroma Roy Chowdhury joins Dream Sports

    New Delhi: Soft Bank Group’s former senior director Asia communications and public affairs Paroma Roy Chowdhury is joining Dream Sports as chief communications and advocacy officer.

    Dream Sports is the parent company of Dream11, the recent sponsor of IPL 2020 and the leader in fantasy sports category. 

    Chowdhury stepped down from her role in 2020.

    She has over three decades of experience and has worked as a journalist and communications head across multiple brands such as GE Capital, HP, Bharti Airtel, Google India and SoftBank.

    Founded in 2008, Dream Sports include brands such as FanCode, sports accelerator program DreamX, and sports-focused tour agency DreamSetGo. The company has more than 100m users, capitalising on the passion for cricket in the world's second-largest internet market. 
     

  • Star Sports adds two more IPL associate sponsors

    Star Sports adds two more IPL associate sponsors

    Mumbai: The latest promo for the IPL by Star Sports features members of a building society felicitating their security guard Alok who has been single handedly serving them during the pandemic lockdown period. A heart-warming and touching film.

    The promo has also revealed another two associate sponsors’s Association of Mutual Funds of India (Mutal Funds sahi hai) and Gillette Guard 3 – to add to the earlier ones that had been displayed in the sponsorship plate of the first IPL film.

    To recollect: the co-presenting sponsors are Dream 11, online shopping major Amazon, digital payments company, and edutech unicorn Byju’s.

    The previously announced associate sponsors include: Cadbury Dairy Milk, Sunfeast, Coca-Cola, Polycab, Rummycircle, Kamla Pasand Masala and McDowell’s.

    That takes the total number of broadcast sponsors on board the IPL at 13.

    Experts expect Star Sports to touch last year’s sponsorship levels which is about Rs 2,200-2,400 crore, by the time the league ends in the UAE on 10 November.

  • Disney+Hotstar to create digital in-stadia experience for IPL viewers

    Disney+Hotstar to create digital in-stadia experience for IPL viewers

    KOLKATA: India and Indian Premier League (IPL) fans are all gung-ho as preparations are on for the country's biggest sporting spectacle. The latest edition of the Indian Premier League is set to bring with it  a new ray of optimism and cheer for millions across the country who have been homebound courtesy Covid2019. While social distancing norms have disrupted the way live sports are enjoyed, Disney+ Hotstar VIP has innovated to bring home an in-stadium experience that is unparalleled in the world of sports – fans can join a virtual community that will allow them to enjoy the matches with their friends and fellow cricket lovers real-time, whilst sharing selfies and videos.

    Upping the ante from the previous tournaments, this year Disney+ Hotstar VIP has added new features to the interactive Watch’N Play social feed that allows a nationwide virtual community of cricket lovers to share excitement and support while watching the matches live on the platform. Replicating the exhilarating roar of the stadium, fans will be able to determine the mood of the nation using an interactive emoji stream.

    In a global first, cricket lovers will be able to join in the action by expressing themselves using ‘Hotshots’ selfies or a new video feature ‘Duets’ that lets fans create customized videos showcasing their rendition of famous shots and reactions of their favorite Dream11 IPL Heroes; the best of which will be broadcast on Star Sports.

    The Walt Disney Company APAC president & Star and Disney India chairman Uday Shankar said: “Over the past few years, IPL has become the most loved sporting tournament in the country. After several months of the lockdown, we believe that this tournament can be a catalyst in ushering in new optimism and smiles in India, with millions of fans cheering together from all parts of the country. Our use of technology in presenting this immersive experience will not only set a global benchmark but also redefine the way we watch and enjoy sports in the coming years.”

    The Dream11 IPL 2020 will only be accessible to new and existing subscribers of Disney+ Hotstar VIP and Disney+ Hotstar Premium. Notably, Starting 19 September, all live matches will be exclusively available to new and existing subscribers of Disney+ Hotstar VIP and Disney+ Hotstar Premium.

    Additionally in an attempt to make it easier for people to subscribe, Disney+ Hotstar VIP has tied up with leading telecom companies in India – Jio and Airtel. Both partners will offer exciting prepaid recharge plans bundled with a 12-months subscription to Disney+ Hotstar VIP along with the convenience of buying these across either millions of Jio and Airtel retail stores using cash in or digital payments.

  • IPL 2020: Brands opt for spot buying over bigger packages

    IPL 2020: Brands opt for spot buying over bigger packages

    NEW DELHI: It was being coined for long by the industry insiders that IPL will bring respite to the broadcasters from tardy advertising revenues that they are dealing with since the onset of Covid-19 pandemic, in early March.

    The tournament will take place in UAE this year between September 19 and November and is touted to be the biggest Live Sports event this year. Undoubtedly, there is a lot of excitement about the property among consumers, broadcasters and brands.

    It has been widely reported that Star has set a target of Rs 3000 crore in advertising revenues for IPL this year.

    Media Ant co-founder Samir Chaudhary shares, the ad rates for Star Sports are pretty much the same as the last time, Rs 13-15 lakhs per 10 seconds but on Hotstar it has gone up from ‘120 CPM in last season to ‘180 CPM.

    Interestingly, the experts pointed that while the advertisers are happy to go ahead with this high impact property, they are also playing it safe when it comes to buying ad slots on Star Sports and Hotstar for the tournament. Unlike every year, brands are not flocking to buy package deals but are smartly investing in spot buying, a leading marketing expert tells us. He adds that this is also the reason that ad rates have been slightly up this year. 

    Several reports indicate that Star has already sold a large part of their ad inventory and the rest of the inventory will be sold close the bigger matches. A lot will also depend on the viewership numbers of the tournament. For the record, IPL has always been able to clock high viewership numbers. In 2019, the cricketing league clocked a viewership of 462 million.

    Media veteran Shripad Kulkarni notes, “For Star Sports, these are the rates that they have begun with but it is a very dynamic situation this time. It will all depend on demand and supply. Also, usually, they used to open the FCTs once the sponsors were finalised but they don’t have much time now, so all of this is running parallely. I am hoping for the sake of all us that there is a last-minute surge in the prices as many are looking at it as a point of revival.” 

    Interestingly, this year, IPL is coinciding with the festive season which is further helping its cause. Traditionally brands are keen to advertise during this season to reach out to their consumers who are in a good mood to purchase. Advertisers have a very small window and they prefer to go all in during this time. So, this year, it is expected that advertisers will be happy to pay a premium for IPL slots to reach out to their consumers.

    In a recent interaction with Indiantelevision.com CEO, founder, and editor-in-chief Anil Wanvari, Havas Media group MD India Mohit Joshi had noted that good 25-30 per cent of this year’s festive season spends will be taken by forthcoming the cricketing league, scheduled to happen between 19 September and 8 November.

    Another expert insisted that the market sentiments are fairly positive right now and a number of brands are in the process of buying ad slots. Though, he adds that the sponsorship rates are running about 25 per cent low this year. 

    The positive sentiment around the property was further enhanced with the announcement of Dream11 replacing Vivo as the title sponsor. The fantasy league brand bought the sponsorship right for Rs 222 crore.

    On the digital front, Disney + Hotstar will play a major role this year. Several industry experts have pointed that they are expecting good viewership on Hotstar and therefore the ad rates are slightly higher, maybe up to 50 per cent more than the last time.” It is expected that a lot of brands will be keen to experiment with IPL on the digital front.

    Surprisingly, Kulkarni is expecting a dip in the ad rates for Hotstar to the tune of 25-30 per cent from the last season. He also agrees that a lot is going to depend on demand and supply. The rates might be revised as the season progresses and viewership numbers are revealed. 

    In terms of the number of FCTs sold, all the media experts maintained that many brands, from the ed-tech, automobile, and FMCG categories, are in the discussion phase and confirmations will follow in the next two weeks. 

  • FanCode turns one as India’s first multi-sport aggregator platform, garners over 15 mn users

    FanCode turns one as India’s first multi-sport aggregator platform, garners over 15 mn users

    MUMBAI: FanCode has successfully completed one year with over 15 million app installs. Since its inception in March 2019, FanCode has partnered with some of the world’s biggest sports brands and events, it has brought sports content to India across 9 sports and over 50 sporting events.

    FanCode is a multi-sport aggregator platform from the house of Dream Sports. It has also launched the ‘fastest interactive live scores’ experience and comprehensive live streaming of long-tail sports and some premium cricket tournaments.

    In the last one year, FanCode has significantly enhanced the sports experience for fans by providing interactive data overlays during live streaming of a match, news on the sports industry across the globe, bite-sized video content like match highlight packages, chat with sports personalities in a new-age format, and expert opinions.

    The latest offering to the fastest live scores for cricket is now delivered with multimedia commentary. This is supplemented by interactive content and infographics for milestones achieved by players or teams during the match and also a detail-oriented ‘Live Blog’.

    Adjudged as the “Best Sports Startup” at FICCI India Sports Awards 2019, FanCode forged over 16 exclusive partnerships with leading global sports associations and leagues across sports such as cricket, football, kabaddi, basketball, volleyball, and even American football.

    Some of the key partners include The Fédération Internationale de Volleyball (FIVB), West Indies Cricket Board (WICB), Bangladesh Cricket Board for showcasing the Bangladesh Premier League (BPL), National Football League (NFL) including the world’s biggest annual sporting event – the Super Bowl, and I-League. It also became the NBA's (National Basketball Association) first live streaming partner in India.

    FanCode co-founder Yannick Colaco says, “We are thrilled at the tremendous progress that we have made in just a year. Over 15 million strong users in one year is an indication of how Indian sports fans are looking for deeper and comprehensive engagement with the sports they love.”

    “We plan to launch several innovative and exciting features for sports fans. We will also continue to build FanCode to provide the best-in-class experience that sports fans deserve even during a time when sports across the globe have come to a halt. The reliance on digital platforms to stay connected to sports has further increased acceptance for the platform, and we expect consumption of sports to reach its peak once live sports are back,” adds Colaco.

    FanCode co-founder Prasana Krishnan says, “The dependencies on digital mediums are significantly growing in sports over the years, thanks to the easy access to smartphones and cheaper data. The internet made access to interactive sports content a reality including live streaming, live scores, match analysis, fantasy research, which have been the strong pillars of growth over the year.”

    “To stay true to our objective of being the single destination of choice for the avid sports fans in India, we are all set for the next phase of growth with feature additions, right from e-commerce to fantasy research tools. Forging deep and direct fan relationships will be a crucial differentiator in the long run for the industry, and we are building this base for the next leap,” adds Krishnan.

    FanCode was launched in March 2019 to offer a broad spectrum of long-tail sports and contextual commerce providing comprehensive sports experience to avid sports fans in India. Dream Sports, a sports tech company, is the parent company of FanCode that also houses brands like Dream11 and DreamX.

  • How Too Yumm hit a six with the IPL

    How Too Yumm hit a six with the IPL

    MUMBAI: Bang for the buck. That’s what brand and marketing managers look for whenever they put their money behind an event. And one such property that has been gaining marketers’ interest over the years is the Indian Premier League (IPL).

    One of the largest marketing platforms in the country, the league has witnessed some stellar cricket and legends make their mark in the game. While this happened on the field, players also made a mark off the field. No. Not the cricketers, we’re talking about brands. With creativity and innovation, brands have made a mark and left a legacy year on year with some outstanding advertising. But there exists a myth. The general perception is that while the IPL is a great marketing platform, only brands with deep pockets can partner or associate with it. But we have seen brands like Byju's, PayTM, Vivo, Asian Paints, Dream 11 take pole advertising and sponsorship positions over the past few years both on-ground and broadcast. We also came across a few brands that have found creative ways to bring alive their brand’s proposition and partner with the IPL. One such brand is Too Yumm and its association with the IPL as the ‘Fall of Wickets’ partner on broadcast.

    Too Yumm – an FMCG brand from the RP-Sanjiv Goenka group stable – came on board as a Features Partner ‘Fall of Wickets Partner’ on live television.

    It was launched three years ago as a low-calorie option under group company GuiltFree Industries for those who love snacking but abstain from doing so for health reasons. Chairman Sanjiv Goenka at that time had said the group would be investing around Rs 10,000 crore over the next five-six years to get the brand to a Rs 6,500 crore turnover.

    It made its debut in the highly competitive Rs 28,000 crore plus national snacking market where heavyweights such as Pepsico’s Lay’s and Kurkure, DFM Foods, Bikanervala, ITC’s Bingo, Pratap Snacks’ Yellow Diamond, Parle, Haldirams, and Balaji dominate.  Adding to that is the plethora of small-scale branded and unbranded unorganised regional and local players that also find custom.

    Too Yumm’s differentiated brand promise was – and is – that its snacks are baked and not fried and have 40 per cent less fat than the existing fried snacks brands.

    For year one, GuiltFree spent on traditional media apart from expanding its distribution. But in year two it decided to diversify its budget and put some of it on IPL and its feature.

    Too Yumm creatively married its brand proposition of ‘Fried Snacks Out, Too Yumm In’ in moments where there was a fall of a wicket in the match. The branding came alive during these moments on TV and was visually appealing as well. Every time a player got out, his lonely trudge back to the pavilion would be boxed in the horizontal and vertical L and Aston bands with Too Yumm branding and taglines “Fried snacks out, Too Yumm in” and “Fried Snacks Ko Karo Life se Out”. The brand also used innovative hashtags to capture these moments on social media. The more the wickets that fell, the greater the exposure the brand got. Additionally, Too Yumm also resorted to spot buys during the IPL to the extent its budget allowed.

    “Too Yumm being a guilt-free snacking brand, it can be munched on while being engrossed in a nail-biting match and the fall of wicket feature, which is sticky,  helped us to give a strong reminder about the brand to the viewers,” says Too Yumm chief marketing officer Anupam Bokey. “With the campaign #OneGoneNextOn, we wanted to create a brand proposition that snacking with Too Yumm is good. Generally, any match would give us an opportunity of at least 10-12 wickets falling and during which we tried to do moment marketing.”

    The group had also signed on Indian cricket captain Virat Kohli as its brand ambassador. Kohli – a fitness fanatic – had discontinued his association with PepsiCo – a year before signing up with Too Yumm  – as he did not want to promote colas anymore.

    “The Indian captain is somebody who walks the talk. So there’s a lot of credibility when he says something and consumers and fans are more likely to accept it,” says Bokey.

    He adds, “The combination of celebrity sportsman as an endorser and association with the IPL uplifted the brand to get recognition. The objective of being associated with the IPL in the first year was to create brand awareness along with the launch of a new product Multigrain Chips. In the following edition, we supported the campaign #SayNoToFriedSnacks that was launched at Kumbh Mela a month earlier, where Too Yumm became the very first brand to get a Guinness Book of World Record at Kumbh.”

    The launch of Multigrain Chips was done through a one-minute ad spot during the strategic time out in the match between Chennai Super Kings and Kings XI Punjab on 20 May 2018. It showed Kohli doing the unthinkable – munching on chips – but it was revealed that he was actually munching the healthy ‘Multigrain Chips’  of Too Yumm.

    Bokey points out that the IPL generated very high engagement and active viewership in a very short period of time, as there were matches every day during the tournament between April and May. According to him, Too Yumm’s metro awareness has been growing – from 13 per cent pre-IPL 2018 to over 70 per cent with 2019 IPL.

    The IPL association makes eminent sense for other reasons too: the brand fit.

    The IPL is about super-fit cricketers and their teams battling it out on the green to gain supremacy in arguably the world’s most exciting sporting league. And Too Yumm is all about healthy safe snacks for all those who are fitness-minded and yet want to munch some baked items during the day. Since launch, its product range has expanded to cover quinoa puffs, veggie stix, foxnuts, multigrain chips, and Karare.

    Bokey believes that no other platform gives as much reach as the IPL. “It gives a lot of leverage, especially with viewership numbers, generating a combined reach of over 800 million that includes Hotstar and other vernacular commentary channels,” he says.

    He swears by the association, despite the fact that it comes at a stiff price tag. “Unlike other media, IPL is a very well measured and researched event, which gives the brand great confidence to invest in it,” he reveals. “The league helps the brand to get an accurate ROI, as well as higher recall compared to other genres.”

    Of course the brand proposition, quality of idea and integration and the creative executions need to be exceptional to leverage the platform well.

    He cites Hansa Research data, which shows that Too Yumm had the second-best ‘Recall Return on Investment (r-ROI) in the 2019 IPL.

    No wonder the company parks around 15-20 per cent of its ad spend on sports, including the IPL. “Cricket – being a religion in India – creates appropriate traction for brands and we, being a smaller enterprise, have used it for the past two years and have been delighted with the relationship,” ends Bokey.

  • Dream 11 raises IPL fever with “Ye Game hai Mahaan” campaign

    Dream 11 raises IPL fever with “Ye Game hai Mahaan” campaign

    MUMBAI: Dream11, India’s Biggest Sports Game, recently launched its integrated marketing campaign ‘Ye Game hai Mahaan’, celebrating the Indian cricket fan’s love for their favourite sport. Through these 6 ad films, Dream11 puts the spotlight on the fans and celebrates the passion that makes them go out of their way to play a game of cricket. Be it rough grounds, unfavourable weather or the fury of the neighbours, a real cricket fan never wavers.

    The 6 six films, conceived and created by Tilt Brand Solutions in 6 different languages, uniquely capture the spirit of cricket fans in diverse situations and also feature Dream11's brand ambassador MS Dhoni.

    Commenting on the launch of campaign, Dream11 CEO and co-founder Harsh Jain said, “We’re thrilled to launch our unique advertising campaign that salutes the effort a true cricket fan makes to play a game of cricket. As sports fans, we’ve all been through some innocuous problems to play a game of cricket, and there’s always a hero who ensures that the game goes on. Our campaign celebrates these heroes and I’m sure it will strike a chord amongst all cricket fans. We believe this campaign will play a pivotal role in engaging our current 5 crore users and help us in welcoming onboard another 50M users to Dream11 in 2019.”

    Dream11 chief marketing officer Vikrant Mudaliar added, With a strong user base of over 5 crore ‘fans’, Dream11 has established itself as the leader of the Indian Sports Gaming industry. This IPL season, our campaign takes an innovative route for the brand's storytelling, by paying an ode to the most loved sport in India and its passionate fans. The campaign attempts to further establish Dream11 as the platform where every fan can connect with their favourite sport. Dream11 celebrates this passion and emotional connection of fans with cricket through – “Ye Game hai Mahaan”. We are confident that the brand campaign will resonate with cricket fans and our users across the country, stirring memories of their experiences with the sport.”

    Tilt Brand Solutions chief creative and content officer Shriram Iyer concluded, “Cricket in India is so popular not just because of the game and its players, but arguably more so, because of the fans who are obsessed with it. The films showcase acts of dedication and heroism of fans for the cause and sake of cricket. These films truly are, made about cricket fans for cricket fans.”

    The advertising campaign went live on March 21st on TV channels across popular genres like news, entertainment, lifestyle, sports, movie channels etc in multiple languages. It is also being aired during the IPL games on Star Sports and Hotstar. In addition to these, the campaign will also engage with fans and users on Facebook, Twitter, YouTube, and Instagram.