Tag: HiveMinds

  • HiveMinds appoints Saurabh Tyagi as chief client officer

    HiveMinds appoints Saurabh Tyagi as chief client officer

    Mumbai: HiveMinds- Bengaluru-based digital specialist unit of Madison World has appointed Saurabh Tyagi to lead its enterprise clients. Tyagi was previously working in Madison Media Omega as Vice President.

    A seasoned media professional with has over 18 years of experience across India & South-East Asia, Tyagi has worked on brands like Unilever, Nestle, Titan, Vodafone in his stints across Publicis, Group M, and Madison Media. He has played diverse roles including media planning across offline & online, content strategy, and client servicing.

    HiveMinds founder and CEO Jyothirmayee JT said, “We’ve delivered results for our clients based on our digital prowess and innovation. With Saurabh’s experience, we can now further partner with clients in thinking beyond digital marketing and work towards comprehensive marketing and growth strategy. He has joined us at a time when digital transformation is at its peak in India and we’re expanding all-around – in teams, in new geographies, and in clients across industries. His experience across esteemed brands and international markets will power our growth in the coming years”.

    Madison World chairman Sam Balsara said, “In today’s scenario, the real value we can deliver to our clients is the combination of media insights gained over decades, delivered through new media channels. With Saurabh’s movement, we can confidently assure our clients of delivering a holistic digital media strategy.”

    Commenting on his new role, Tyagi said “Digital media has changed the rules of the game. Brands are ready to partner with agencies that bring innovation and agility to the table. I am happy to be joining this high-energy team and look forward to delivering value to our clients”.

  • HiveMinds expands in Delhi-NCR, appoints Mohit Grover to lead business

    HiveMinds expands in Delhi-NCR, appoints Mohit Grover to lead business

    Mumbai: Hiveminds Innovative Market Solutions, a division of Madison World has opened a new office in Gurugram, announcing a formal expansion in Delhi-NCR. To head its north branch, Hiveminds has appointed Mohit Grover, a business leader who has led key P&L roles in digital first businesses.

    The Bengaluru based full-service digital marketing company has a team of 200 people spread across Bangalore, Mumbai and NCR.

    Grover has worked in insurance and travel companies like redBus, Goibibo, and Make My Trip, and then followed it up with his entrepreneurial venture Neemrana Naturals, a startup connecting farmers to consumers to provide organic produce.

    Commenting on the new appointment, Madison World chairman Sam Balsara said, “With offices opening up gradually, the demand for on-site teams is also coming back. With Mohit at the helm, we’re now poised to expand our presence in North India to attract new clients and service the existing clients better.”

    “As digital transformation takes focus for all businesses, I am delighted to bring in a leader with high ownership & entrepreneurial spirit as our Delhi branch head to ride this wave. With the growing client roster, we feel that a senior team based in the region will be better placed to engage at the strategic level and contribute to overall growth for our clients,” stated HiveMinds founder and CEO Jyothirmayee JT.

    “I am excited to be leading the north India growth for HiveMinds,” said Mohit Grover on his new role. “I feel after building businesses in a highly competitive travel industry for over a decade, this will be a great next phase of my career. I look forward to assembling a formidable team and delivering value to our clients in the region.”

  • HiveMinds names Manav Khurana business head – marketplaces

    HiveMinds names Manav Khurana business head – marketplaces

    Mumbai: Hiveminds Innovative market solutions, the digital specialist of Madison World, has brought on board Manav Khurana to head its growing marketplace division.

    Khurana is a seasoned e-commerce professional armed with over 12 years of experience across global brands. Before joining HiveMinds, he used to work with BestBuy Canada. He has previously worked with the early e-commerce platforms in India like ShopClues and with brands like Asian Paints and Lava mobiles.

    Commenting on the new appointment, HiveMinds, founder & CEO, Jyothirmayee JT said, “E-commerce platforms, direct-to-consumer platforms, and direct-to-consumer (D2C) brands are changing the consumer landscape. We have built some great AdTech capabilities to help our clients grow on e-commerce and gain market share. And now, we are investing in growth levers for India and International markets. Manav is the right person to lead our expansion across geographies and to develop the team in India and to serve our ever-growing client list.”

    Madison World, chairman, Sam Balsara said, “I am sure Manav will add heft to Hiveminds’ considerable expertise and experience in e-commerce. Most clients are increasing their focus on e-commerce and Manav joins our expanding team to steer it to deliver outstanding results to our clients.”

    On his new role, Khurana said, “This is the best time to be in the Indian digital ecosystem. I am delighted to be leading such an important vertical for HiveMinds. With the unique tech capabilities it possesses, HiveMinds is already ahead in the marketplace growth, I plan to strengthen the team further to deliver spectacular results for our clients in India, USA, & UAE.”

  • Trends to look out for in digital marketing

    Trends to look out for in digital marketing

    We, as an industry, are witnessing the upsurge of digital trends and newer technologies YOY. Experiments are being conducted simultaneously to test their effectiveness too, like when the search engine giant Google tested out new approaches (like shopping tab) to enhance customer experience and leverage their buying intent. Even e-commerce players like Amazon have increased priority to the marketplace. PayTM mall and Flipkart also gaining focus on e-commerce marketplace and the trends only seem to be getting better.

    The reason behind this: as per reports, digital media spend that stands to be at 12 per cent of complete ad share will inflate to 24 per cent by 2020. And these statistics will be influenced further by the rising smartphone penetration expected to go up to 800 million over the next 10 years. Other involved factors include expansion of artificial intelligence and robotics, customised targeting and a gradual shift from man-made towards automated mediums. The report even suggested that digital advertising would grow to 32 per cent CAGR reaching roughly approximately Rs 19,000 crore by 2020. 

    So here are the top trends to incorporate into your digital marketing plan in order to make your brand ubiquitous. Before that, one thing more –

    Fact: In 2020, the visitor’s patience will decrease further on. 25 per cent of them will most likely abandon their search on your site if it fails to load within a meagre time span of 4 seconds. Therefore, the first and foremost priority for you would be improving the site’s performance for tapping on the below given top trends. 

    Interacting with individual customers:

    Personalisation: The current customer goes to the extent of paying OOT media and music streaming services extra in order to avoid ads. They don’t want to waste even 1 second of their precious time on a generic ad. The solution to this problem is personalised advertising. 90 per cent of target audience has admitted that personalisation held an appeal for them. Even personalised email blasts are found to perform 3X better than their generic counterparts. 2020 will be mostly about getting up close and personal with the target audience.

    Private & Customised Messaging: Brands will steadily shift towards the private messaging app. WhatsApp advertising will be one evolution in this direction and similar to WhatsApp other private messaging apps will gain attention too. Even customers are taking their feedback, complaints, queries and appreciations to the DMs of Facebook messenger and Instagram app. 

    2. Going LIVE & engaging through videos: 2019 was all about videos in the digital marketing arena. So would be 2020. They dominated Facebook, Instagram and YouTube. Even a social media video app Tik Tok took the Indian youth segment of Tier 2 & 3 cities by its fascination. 

    All a testimony to how our audience loves consuming content on video. Seeing this, brands have been increasing their share on digital marketing spends too. Because videos also increase 53X likelihood of getting your website on the first page of search results. And as an improvement on them, the Facebook Live and Instagram Live are where these visitors are spending more of their time. These live videos are watched 3X longer than the videos on the feed because they give the audience an option to ask for information and give feedback in real time. 

    3. Voice search slowly taking precedence over text search: In 2018, around 28 per cent search queries were being done by voice in India and in the same year, Google revealed that the nation was seeing 270 per cent YOY rise in voice searches. 

    With Siri, Google Assistant and Alexa already becoming the favourites amongst millennials, digital marketers will need to attune (optimize) their brands’ site for the voice search. The most important change would be involving long-tail keywords to the sites. 

    4. AR in Social Media: For a long time, VR had hogged all the attention but it is being predicted that soon VR will give way to AR. Digital marketers are already devising strategies around this technology to transform the way brand searches happen and the way a customer experiences these brands. 

    Even Facebook is heavily invested in AR believing it to be the wave of the future. By feeling truly present, the target audience can interact with the product offerings and make purchases based on this experience. Facebook has started rolling out augmented reality feed ads in order to give advertisers an option to show off their products in new ways. This, as a result, has made online shopping an even more interactive experience for the customers and assisted advertisers in better conversions.

    5. AI Everywhere: Several AI features already work in the background of social media platforms. From auto recommendation to image recognition, AI will only work on empowering these social media platforms further. 

    Whereas on websites, AI & machine learning-powered chatbots have been found making it more comfortable for the visitors to communicate with them. In 2020, smoothening customer service through AI would become a priority.

    6. Apps losing the limelight: App bloat, frequent updates, uninstall rates, & increasing app installs fraud on phones might force more consumers & companies to choose PWA options. Services/Products that pass the ‘Toothbrush Test’ (“Must be used at least twice a day”) will be preferred as apps while the rest will stand on shaky ground. 

    7. ‘Amazon’ the Marketing Channel: Owing to its being the product search starting point and rich customer data, Amazon is only estimated to grow further as a marketing channel of its own. It’s estimated that Google will be putting huge efforts into servicing & increasing the share of its product searches. 

    8. Catching them on the go: As the audience gets busier and their attention span decreases, more content would be consumed in transit. The omnichannel approach across video sites, social media, OTT players and Digital OOH placements in transit – OLA Play etc will increase. This also spells rapid growth in hyper-locally relevant Digital OOH like at restaurants, malls, railway stations and bus stands.

    9. Strong on Social Media: Majority of the marketers think that social media is going to be big as compared to apps or web. It is especially going to be vital for the sake of brand awareness and brand connectivity. And to help the brands achieve these goals, social media channels keep undergoing evolution. New features are constantly added to Instagram, Youtube etc. 

    One such trend is of shoppable posts, which is becoming a big part of online marketing. Approximately 60 per cent of the Instagram audience says that they discover products of new brands on Instagram. Something to tap in the upcoming year.

    (The author is founder & CEO of Hiveminds. The views expressed are their own and Indiantelevision.com may not subscribe to them.)

  • Madison’s Hiveminds wins Google Premier Partner Awards 2018

    Madison’s Hiveminds wins Google Premier Partner Awards 2018

    MUMBAI: Hiveminds, the newly acquired search specialist, digital agency of Madison World, has announced that it has won the Search Innovation Award for its work on Curefit, at the second edition of the Google Premier Partner Awards 2018, India.

    Hiveminds founder and CEO Jyothirmayee JT said, “HiveMinds is arguably one of the strongest performance marketing agencies out of India. Winning this award from Google in the core category of search innovation is very encouraging for us. What's more special, is the award was for our work with another ambitious startup, growing multifold every month and are destined to be an industry leader like many of our clients whom we have engaged at an early stage.”

    The Google Premier Partner Awards honours innovation in digital marketing across search, mobile, video, display, shopping, and growing businesses online. Google Premier partner awards in search innovation is awarded for expertise and innovation with Google search ads. Examples include creative uses of auto-bidding or optimising beyond the last click to help clients achieve their goals online. Out of 300+ Google Premier Partners in India, only six agencies were shortlisted for the award.

  • Madison buys controlling stake in Bengaluru-based HiveMinds

    MUMBAI: Madison Media has announced that it has taken a controlling stake in Bengaluru-based performance marketing agency HiveMinds Innovative Market Solutions.

    HiveMinds, which has a staff strength of 70 people, counts among its clients BigBasket, ABOF, ClearTrip and CloudNine Hospitals, among other. HiveMinds’ strengths have been in search, social, performance marketing and programmatic buying and specialize in eCommerce, Education & Travel.

    HiveMinds, founded six years ago by Jyothirmayee JT, a pioneer in digital advertising in India with more than a decade of expertise in marketing, technology & data analytics, has led a critical role in digital marketing strategy & execution for industry leading startups like TutorVista, BabyOye, RedBus, TaxiForSure, Simplilearn & MobiKwik.

    Besides successfully operating the Digital Agency business, HiveMinds has successfully leveraged their expertise in data driven marketing to develop a product INTUTEL, a market intelligence stack that combined with Madison’s programmatic platform CLEAR TRADE, will enable Brands to measure and improve customer interaction touch points necessary to influence purchases and thereby improving ROAS.

    Madison Media already operates successfully in both Creative and Media spaces in the digital domain and many advertisers like Marico, Asian Paints, Godrej Properties, Tata Chemicals and ITC among many others use its digital services.

    Says Jyothirmayee JT, “Partnering with Madison is a big next step in our journey. We have so far excelled as a digital first agency and played a crucial role in the growth of leading startups in India. Joining hands with Madison, we can take our digital expertise, technology driven marketing to larger brands and innovate in omni-channel strategies for our clients”

    Says Madison Media partner and group CEO Vikram Sakhuja, “This is Madison’s exciting partnership to deliver data driven outcomes. HiveMinds brings exciting and bold innovation in data mining and uses it to dynamically improve performance. As a first, we look forward to uniting consumer intent, interest and purchase in driving media insights.”

    Says executive director Lara Balsara, who identified HiveMinds and successfully concluded the agreement, “Marketers are embracing customer focused digital opportunities. I am delighted at the progress Madison Media is making in the Digital space in the last one year and having HiveMinds as part of us will further strengthen the way we partner with our clients in their digital transformation journey.”

    Chief digital officer Vishal Chinchankar and strategic consultant Nagaraj Krishnamurthy advised Madison on the transaction and helped develop the integrated technology strategy.