Tag: Fortune

  • IPL 2020: From the brands’ lens

    IPL 2020: From the brands’ lens

    MUMBAI: For audiences and TV viewers, the Indian Premier League (IPL) is all about the action on the field – the ball being belted for fours and sixes on all sides of the pitch. The leather striking the stumps with the bails being lit up as they leap up in the air. The superhuman lunge that lands the ball in the fielder’s hand. The IPL is about the edge-of-the-seat finishes to the matches. That’s what viewers thrive on; that’s what they can’t get enough of.

    But there’s a lot that goes on behind the scenes to make the IPL a possibility every year. Humungous amounts have been invested to acquire the rights. And who is it that helps the broadcaster recover the investment? It is the brands that consumers so desire and lap up in the supermarkets and kiranawala stores.

    For brands, it is all about that standout moment throughout the tournament so that the investment turns out as money well spent. IPL has transformed cricket and it has seen a noticeable increase in family viewing. It has also democratised sports as a medium for advertisers. An FMCG brand like Fortune has come on board as a broadcast associate sponsor while there is a notion that these brands don’t look at sports traditionally.

    Adani Wilmar Ltd media & strategy head Sanjay Adesara denies the claim that FMCGs do not consider sports as a crucial part of their communication mix and media plan. According to him, FMCG brands have been putting their ad dollars in premium sports events like the World Cup or the IPL for long now. And he adds that the percentage has only been increasing year-on-year.

    “Now, you cannot consider IPL as a cricketing event only. For the Indian households, IPL has become an entertainment show. It’s a short-format of cricket T-20; entertainment happens around IPL. IPL as a property or event transcends genders and markets. It reaches out to both males and females. IPL is a perfect platform to launch any new communication, positioning or campaign. Currently, we have revamped our brand, look and feel. We will capitalise on IPL as an event,” he says.

    Asian Paints, which has possibly hopped on to the IPL sponsorship bandwagon for the umpteenth time, is a die-hard fan of the format. Asian Paints COO Amit Syngle expresses that it is associating with the league once again as it wants to create mass appeal for the brand. “It cuts across genders, age group. Brand association plays a critical role in influencing consumers’ purchase decisions. Not only does it make a memorable impression on consumers, but it also allows customers to connect with the brand and the company,” he adds.

    Considerably, IPL 2019 brought more viewers across age groups and genders to television.  The twelfth edition of the IPL saw the highest growth of viewership among kids (2-14 years), an increase of 25 per cent compared to the last session. Even female viewership grew by 14 per cent during the last year.

    IPL has acted as the ideal platform to launch new communications as well as products. Fortune has recently launched a brand new logo and a wide range of product offerings and featured Akshay Kumar in its TVCs. As the 1999-born brand revamps its identity, Adesara admits that recent activities are co-related.

    “In the past four-five years, Fortune has expanded beyond edible oils which is into basmati rice, atta, soya, nuggets. We have also upgraded our local feel. We are establishing the fact that Fortune is no more an edible oil company or a brand. It’s a range of food products which are available. The new campaign and entire activity is a continuation,” he comments.

    “We believe our association with IPL has helped us to engage and connect with consumers in a great way in tier 2 and 3 markets and develop omnipresence for the brand. Our prime objective with this association was to create several effective touch points to attain maximum reach, generate top-of- mind recall and strengthen the brand image,” Asian Paint’s Syngle adds.

    PhonePe, the digital payment startup which raised Rs 743.5 crore fresh funding from Walmart before the last IPL, is now a second-time sponsor of the league. A PhonePe spokesperson says that the focus of last year’s brand campaign was on building awareness around digital payments for both rural and urban audiences. A mass media platform such as TV offered it the perfect opportunity to do so as it is the medium with the largest reach in the country.

    “We have continued the association this year as well. We are the official co-presenting sponsor for the television broadcast of VIVO IPL 2020 and will be launching a series of TV ads during this IPL season. Alia Bhatt has joined Aamir Khan as our brand ambassadors this year,” the spokesperson adds.

    Fortune’s Adesara says width and depth are the strength of IPL. According to him, one can expect both. In past seasons also, IPL has delivered reach but he mentions that the addition of regional feeds has strengthened the reach more. IPL is a great property to associate with. 

    It seems Star’s bet on regionalisation has paid rich dividends for the broadcaster. Last year, there were dedicated Telugu, Kannada and Bangla sports channels for matches. According to BARC data, while viewing minutes in Hindi increased by 18 per cent, other regional languages including Tamil, Telugu,  Malayalam, Kannada, Bengali and Marathi saw 10 per cent growth.

    The PhonePe spokesperson points out that customer acquisition and brand recall among the target audience are a few of the metrics that it looks at while measuring the effectiveness of the association and the brand campaign.

    “We aim to grow the pie of digital transactors in the country, especially from tier 2 and 3 markets and beyond. We aim to drive greater awareness and preference for PhonePe's features and services. The key theme will be to catalyse progress for everyone through our brand platform of 'Karte Ja. Badhte Ja',” the spokesperson adds. PhonePe has earmarked Rs 800 crore for marketing in this calendar year. It can be predicted that a major chunk of it will go for IPL as it has already roped in a B-town brand ambassador and will launch many TVCs during the tournament.

    While Asian Paints also has an association with KKR, it plans to boost the brand presence with consumers across key markets like West Bengal. With the growing popularity of the IPL especially on digital, the brand also intends to continue its strategy with regards to shorter edits and higher frequency of spots along with content partnerships to maximise the reach. With IPL 2020, Asian Paints seeks to further boost visibility for its key brands, in addition to enhancing mind recall among consumers, Syngle adds.

    Last year, along with regular advertisements, brands relied on innovative communication strategies to drive more engagement. With the spectacle of cricket, we can hope to see new types of marketing campaigns too from 29 March.

  • Fortune unveils a new logo and identity

    Fortune unveils a new logo and identity

    MUMBAI: Fortune, a renowned food FMCG brand has unveiled a brand new logo and a wide range of product offerings. In the digital era, where the consumer’s attitude and behaviour have become extremely intuitive, the brand opted to focus on digital amplification to present it’s new identity across social media platforms in collaboration with Akshay Kumar & key influencers such as Miss Malini, Chef Ajay Chopra, Deeksha Joshi and many others. 

    Over the past two decades, the consumers have evolved. Being a beacon of inspiration, Fortune has uplifted it’s look and feel and built a modern and contemporary brand image. Owing to that, Fortune has revised the brand logo and packaging, along with the way they communicate with the consumers.

    Breaking down it’s stereotype of being a popular oil brand, Fortune now consists of a wide range of product offerings from rice, dal, atta, soya chunks, besan and much more.

    The brand launched a campaign #Whatsinthebox on 21 Feb with ace actor Akshay Kumar & key influencers to create conversations and generate curiosity amongst target audience by solving the puzzle & unbox the mystery Fortune box. On 28th Feb, the brand with Akshay Kumar unboxed the new identity and the wide range of offerings under the Fortune umbrella.

    Talking about the announcement, deputy CEO  Angshu Mallick said, “Fortune has always been about connecting with the consumers in the correct way. For the evolving needs of our consumers, Fortune has undertaken a step towards uplifting the brand proposition by modernizing the identity of the brand.

    For decades Fortune has been synonymous with oils, and while we have the largest share of the pie in the category, we are determined to dominate all categories. Our vision is to become the largest food FMCG brand in the country which is why Fortune range also includes Rice, Atta, Besan, Dal, Soya chunks and more in an all-new avatar that I believe will resonate better with all the consumers.”

    Media and strategy head Sanjay Adesara said, “For the digitally evolved consumers today brands are more than just a product. They connect with its philosophy, identity and buy into their vision. For the last 20 years Fortune has been periodically reinventing itself not only in its range (today the Fortune Foods range includes Rice, Atta, Besan, Pulses, Soya chunks, and more) but also in its identity. To retain the affinity of today’s visually-stimulated generation we have undertaken this rebranding initiative,”

    Fortune’s consistent quest for growth combined with innovation and experimentation will contribute to the brand’s overall sales and business model.

  • Fortune, devoid of ‘milavat’: O&M

    Fortune, devoid of ‘milavat’: O&M

    MUMBAI: Fortune Kachi Ghani Mustard Oil has launched its new campaign this month. Fortune Kachi Ghani Mustard oil being a ‘100% pure’ mustard oil decided to take the high ground. With the elections just around the corner, the film is centred on a topical issue – the funding for a political party. The premise is that ‘milavati’ or adulteration in oil can be bad for health just like corruption in a party.

    The film opens with a group of party members having lunch. While a member is suggesting accepting funds without caring about election agenda, the party leader makes it clear that she doesn’t support corruption. She does this by using her food cooked in Fortune Kachi Ghani Mustard Oil, a 100% pure mustard oil, as an analogy to drive her point across. She also adds that funding should also be devoid of any ‘milavat’ with the party’s agenda. The film signs off with the message that those who oppose ‘milavat’ use Fortune Kachi Ghani Mustard oil that is 100 per cent pure and thus good in taste and even better for health.

    Conceived and executed by Ogilvy & Mather, this film hopes to ensure that consumers realise the issue of adulteration in mustard oils and think twice before buying their mustard oil.

    Fortune Kachi Ghani Mustard Oil has been the leader among mustard oil brands in Delhi and North India. But, with new brands coming in, there was a need for a fresh round of communication on Fortune Kachi Ghani Mustard Oil to keep its leadership position.

     

  • WPP’s Grey acquires US-based mobile app developer ArcTouch

    WPP’s Grey acquires US-based mobile app developer ArcTouch

    MUMBAI: WPP’s wholly-owned operating company Grey has acquired ArcTouch, Inc – a full-service mobile app development company in the United States.

     

    ArcTouch’s gross revenues were approximately $14 million as of 31 December, 2015. The company employs 97 people and is based in San Francisco with an office in Florianopolis, Brazil. It was founded in 2008.

     

    ArcTouch’s developers, designers and mobile strategists transform ideas into engaging apps for telephones, tablets, wearable devices, televisions, homes and cars. The company has completed over 250 projects for Fortune 500 companies, leading consumer brands, innovative startups, media and entertainment companies and world-class marketing and design agencies.

     

    This acquisition continues WPP’s strategy of investing in important markets and fast growing sectors such as mobile and digital. WPP’s digital revenues were $6.9 billion in 2014, representing 36 per cent of the Group’s total revenues of $19 billion. WPP has set a target of 40-45 per cent of revenue to be derived from digital in the next five years.

  • WPP’s Grey acquires US-based mobile app developer ArcTouch

    WPP’s Grey acquires US-based mobile app developer ArcTouch

    MUMBAI: WPP’s wholly-owned operating company Grey has acquired ArcTouch, Inc – a full-service mobile app development company in the United States.

     

    ArcTouch’s gross revenues were approximately $14 million as of 31 December, 2015. The company employs 97 people and is based in San Francisco with an office in Florianopolis, Brazil. It was founded in 2008.

     

    ArcTouch’s developers, designers and mobile strategists transform ideas into engaging apps for telephones, tablets, wearable devices, televisions, homes and cars. The company has completed over 250 projects for Fortune 500 companies, leading consumer brands, innovative startups, media and entertainment companies and world-class marketing and design agencies.

     

    This acquisition continues WPP’s strategy of investing in important markets and fast growing sectors such as mobile and digital. WPP’s digital revenues were $6.9 billion in 2014, representing 36 per cent of the Group’s total revenues of $19 billion. WPP has set a target of 40-45 per cent of revenue to be derived from digital in the next five years.

  • Zindagi: A lesson in the art of selling

    Zindagi: A lesson in the art of selling

    MUMBAI: “Selling is an Art. It is a complex, challenging, and for many, a very rewarding profession. Just like an artist, becoming an accomplished sales professional also takes time and experience. It is no different from any other profession. Yes, I am essentially saying that we are artists in our own right,” says the author of ‘Everyone’s in Sales’, Todd Cohen.

     

    And Zeel chief sales officer Ashish Sehgal is a master artist. He not only successfully sold the never-before-seen content to his clients, but sold it at a premium rate!

     

    Zee Entertainment with its latest offering, Zindagi, carries forward its new philosophy ‘Vasudhaiva Kutumbakam – The World is my family’. The channel, launched on 23 June, brings international content especially Pakistani shows to India.

     

    To get advertisers on board, the channel and its chief sales head invited all stakeholders for a screening of the shows.

     

    The process started by April end when the 100 plus stakeholders were shown the content which was to be aired on the channel for the next four months or so. Mumbai, Delhi and Bengaluru were the cities chosen for the road shows. “Without sounding boastful, the merit of the content made the task easy for us. The community liked what they were watching and hence, got hooked on to it,” says Sehgal.

     

    The man and his team had no pre-set list of clients they wanted to approach. What they did was, called upon everyone to watch the content and then left it on them to come on board or not. Personal invitations were sent to the client base which suited the channels’ ‘premium’ content, giving them a new ‘premium mass’ category to advertise on.

     

    What makes Zindagi a premium? With ‘Jodey Dilon Ko’ tagline, the channel aims to showcase real, friendly, vibrant and premium stories to engage and interact with its audience through diverse shows written by award-winning novelists and literary stalwarts. Scripted to be finite plots, these stories are first polished and then shot, unlike the Indian daily soap dramas that drag on forever. Each series, of an average of 20-25 episodes, are also shot in real life locations across the world, as opposed to closed studio sets.

     

    Brands that wish to target the segment have the opportunity now to reach out to their core target group as no other GEC currently caters to the progressive mind-sets.

     

    The channel not only searched for the right content which Zeel’s MD Punit Goenka felt would click with the audience, but also conducted in-depth research across cities in India to understand the consumer extensive demographic profiling for advertisers. All this, to give advertisers an opportunity to increase customer engagement.

     

    The three main sponsors on board – Fogg, AskMe and Fortune (Edible oils and foods)  – have signed partnership packages which allow a brand to sign a deal for 45 days. The channel didn’t want to sell inventories the regular way and thus came up with special packages for advertisers. “This helps brands as well because they get the mileage they want from us,” highlights Sehgal while elaborating that the launch of the marketing campaign highlighted the names of the sponsors as well.

     

    Apart from that, the channel also had other packages for spot buys which will help brands to exploit the curiosity generated. The idea here was to allow a brand to showcase its advertisement anytime and between any shows.

     

    Post the 45-day period, once the ratings are clear, the partnership pattern will change. “We are working on innovative packages for our clients and will soon announce them,” adds Sehgal without revealing much.

     

    However, according to various planners the channel which got the main three sponsors for 4 to 5 crore each, will sell its inventory at the rates charged by non-fictional shows on other GECs.

     

     “The packaging, content, fresh faces have all worked well for the new channel. Even the publicity and noise level it has created is ever-increasing. So, if they charge premium rates they are signaling the industry that it is premium and worth it,” says a planner while adding, “However, one will have to wait for the ratings and advertisers depend on it. If the ratings don’t show the problems will start. Let’s wait and watch…”

     

    The channel, however, is optimistic about its future and believes that the clients too will continue to come on board.

  • Fortune launches new TV campaign ‘Har maa ke dil mein’

    Fortune launches new TV campaign ‘Har maa ke dil mein’

    MUMBAI: Adani Wilmar‘s Fortune has launched a television campaign, ‘Har maa ke dil mein‘ today.

    The 75 second TVC is rooted in the philosophy that there is no greater joy than the joy of eating home cooked meals.

    It is developed by the Fortune‘s marketing team along with O&M and leverages the emotions of ‘the unmatched taste of mother‘s cooking‘ and the ‘lengths to which a mother will go to provide her child with nutritious food.‘
     
    Adani Wilmar COO Angshu Mallick said, “Fortune‘s efforts is always to own the mother‘s heart, because when it comes to her child, it‘s always the heart that wins over the head. All mothers in our country love cooking for their children and providing them with delicious home cooked food; this thought forms the core of our communication strategy. The TVC reinforces Fortune‘s brand message to both our existing and prospective consumers.”

    O&M EC and CD South Asia Piyush Pandey said, “Fortune is a market leader who needs to drive the brand as well as the category. The category is food, which is the basic essential in everyone‘s life, and the basic driver of emotions in any family.

    “We have used SD Burman‘s song ‘Meri Duniya hai Maa…‘ as perhaps the most perfect ode to a mother. I am delighted with the film, which I think will touch a chord with every member of every family,” Pandey added.
     
    The new campaign, with over 5000 spots (average 40 seconds each) will run across 20 channels, including Star Plus, Star Pravah and Star Jalsha (the first commercial break of all Serials in the evening to be exclusively Fortune 75-seconder ad). Other properties like cricket on Neo Cricket are also part of the deal.

    There will also be an internet campaign with over 10 million impressions in digital media, outdoor campaign in metro cities and a radio campaign spanning 40 different locations. The campaign will also feature on over 2000 digital cinema screens across the country and on DTH channels of various providers.

  • CNN to look at India’s economy in a week-long special

    CNN to look at India’s economy in a week-long special

    MUMBAI: US broadcaster CNN has announced that it will present all shades of the country’s vibrant economy in a dedicated week-long India Programming that airs from 24 -28 November.

    With the world mired in an ongoing financial crisis, attention is turning more than ever towards India’s robust economic growth. CNN International brings its global viewers a week of in-depth live programming, India Means Business, that puts the country’s economic fortunes firmly in the spotlight.

    Leveraging its three-city strong newsgathering operation in India, combined with CNN’s Asia-Pacific newsgathering resources, India Means Business will examine how the world’s largest democracy is coming of age as a business powerhouse. CNN goes inside the lives and businesses of India’s brightest and most successful entrepreneurs to find out and examine what is driving heir success and failures.

    India Means Business is hosted by CNN’s ‘World Business Today’ anchor Andrew Stevens live from India’s financial capital, Mumbai, while CNN is using its India-based team of correspondents to bring reports from around the country; Sara Sidner in Delhi, Mallika Kapur in Mumbai and Liz Neisloss in Chennai. Reports from international destinations including New York, London and Beijing round up the global focus on India.

    CNN’s New Delhi bureau chief Phillip Turner said, “The title of our week India Means Business says it all. We are using our three newsgathering centres in India, live programming from around Mumbai and extensive international resources to reveal what drives this unique and diverse economy. The week is perfectly timed to focus on India’s position amidst global economic turmoil as well as spotlight India’s unique business culture.”

    ‘India Means Business covers a wide rage of topics including India’s retail boom; how the highs and lows of the property market impacts the country’s economy; the fast-paced media industry, the rise of entrepreneurs and how cricket has become a money spinner. The vagaries of the stock exchange and the impetus on infrastructure will also be discussed and analyzed. The week further takes a close look at Indian government’s initiatives to upgrade the country’s famously creaky infrastructure and political system to help keep up the pace of growth in an economy second only to China in its dynamism.

    CNN’s global audience in more than 200 countries and territories will have anytime access to ‘India Means Business’ through the dedicated microsite www.cnn.com/india that goes live November 14. The site features video of packages and reports, blogs from CNN’s ‘India Means Business’ reporting team and in-depth stories from Time, CNNMoney and Fortune. The site will also provide exclusive content ranging from ‘India’s changing trade relationship’ to ‘India’s role as a growing automotive player’, by former CNN journalist and specialist on Indian economy, Geoff Hiscock.

    The CNN online team also look at the recession-proof business of Mumbai’s famous ‘Dabbawalas’ that has gone online for booking lunches and hears from a unique naked business guru who is CEO of a Chennai fashion company.

    Making this special week interactive, CNN’s viewers from around the world will be invited to submit their stories, photographs and videos capturing their impressions on why ‘India Means Business’ through CNN’s innovative i-Report initiative.

    India Means Business is co-sponsored by Kirloskar Brothers Ltd, Aditya Birla Group and the Tea Board of India.

  • Sony, King World extend association with two new game shows

    Sony, King World extend association with two new game shows

    MUMBAI: King World Productions and Sony Pictures Television, the companies behind two of television’s most successful shows Wheel of Fortune and Jeopardy!, have joined hands once again to create two game shows. The properties will be unveiled during the 2007 fall season.

    Today (17 April), both the companies are set to announce that they will offer two half-hour game shows as a one-hour block in syndication, as according to a Reuters report.

    Wheel of Fortune is in its 23rd season, while Jeopardy! has reached its 22nd season. Both the shows are produced by Sony and sold to stations by King World.