Tag: India Brand Summit

  • Building brands for the gen z mindset – advertising in the digital era

    Building brands for the gen z mindset – advertising in the digital era

    Mumbai: The India Brand Summit featured a riveting panel discussion on “Building Brands for the Gen Z Mindset – Advertising in the Digital Era,” showcasing insights from industry stalwarts across diverse sectors. The panel discussion focused on the evolving landscape of advertising and brand building in the digital era, particularly emphasizing how brands connected with the Gen Z audience. The conversation revolved around topics such as content, personalization, e-commerce, and technology, exploring how brands effectively communicated with their end consumers using digital platforms.

    The session was chaired by Ernst & Young LLP, partner and head of marketing advisory, Amiya Swarup, Taco Bell’s general manager of business development, Vishal Suvas Telkar, The Belgian Waffle Co., general manager of marketing Vrushali Parab, Gamitronics CEO Rajat Ojha, Galderma, head of e-commerce & digital strategy, Sunil Nat, Birla Opus, head of digital, Surbhi Gupta and Interactive Avenues senior creative director, Eshwari Pandit.

    Vishal Suvas Telkar highlighted the importance of pricing strategies in attracting the Gen Z audience. He spoke about Taco Bell’s successful campaign which emphasised competitive pricing, especially with their Rs 99 menu, which has shown significant growth over the last three quarters. Telkar remarked, “We’ve done a lot on digital platforms. We are seeing results, but there’s more to be done. Our new advertisement shows a consumer choosing a taco over a burger, emphasising how our product is more filling and satisfying.” Telkar’s insights reflected a deep understanding of the value-driven Gen Z consumer who not only seeks affordability but also engages with brands through digital platforms and social media, where Taco Bell has found significant success.

    Vrushali Parab provided a powerful example of leveraging consumer insights to build brand narratives. She discussed how their digital-first approach, combined with data-driven efforts, has allowed them to track key performance indicators like reach and engagement. Parab shared the success of their National Waffle Day campaign, a brand-created property, which resulted in over 100 million digital impressions. “We didn’t need to remind people about National Waffle Day—our audience was already engaged. Our #EveryoneKnows campaign took this insight and ran with it, achieving 6 million views and 4 lakh comments within 24 hours. It’s the power of the right narrative, stitched together with the right partners,” she explained.

    Rajat Ojha took the conversation into the realm of the metaverse and gaming, emphasising how brands can engage Gen Z through immersive, social experiences. “In the gaming world, socialising happens naturally. Platforms like Roblox and Discord are popular because they bring people together,” Ojha noted. Ojha illustrated how Gamitronics helped brands like Dodge by creating a collaborative, virtual car-building experience for kids. The experience wasn’t just about interacting with a brand—it was about co-creating and socialising, elements that resonate deeply with Gen Z’s need for inclusivity and interactivity.

    Sunil Nat underscored the importance of transparency and personalisation in today’s digital age. He emphasised that Gen Z values inclusivity and authenticity. “We choose influencers carefully to ensure our messaging is neutral to gender and representative of all our consumers,” Nat explained. His comments reflected how brands must focus on crafting communications that align with Gen Z’s demand for authenticity while being inclusive in all their campaigns.

    Surbhi Gupta, shed light on how technology, particularly generative AI, is transforming the customer experience. She spoke about Birla Opus’ investment in visualisers that allow customers to visualise their home’s interiors with different paint colours in real time, showcasing how integrating technology can enhance consumer engagement. “Technology is not just about convenience; it’s about making the experience engaging. We are using AI to personalise experiences based on consumer behaviour, allowing us to provide a frictionless and immersive experience,” Gupta noted.

    Eshwari Pandit emphasised the importance of maintaining authenticity and transparency in brand messaging. “Gen Z and future generations will demand even more accountability because of the consequences they have witnessed. Staying true to your brand’s values is the only way forward,” Pandit affirmed.

  • Ajit Varghese unveils strategies behind Disney Star’s success in ICC World Cup 2023 at India Brand Summit

    Ajit Varghese unveils strategies behind Disney Star’s success in ICC World Cup 2023 at India Brand Summit

    Mumbai: The India Brand Summit, held on November 28, 2023, at The Lalit Mumbai, brought together leaders, marketers, entrepreneurs, and experts to discuss current trends in the dynamic brands and marketing arena. During a fireside chat with Ajit Varghese, Head of Network Ad Sales at Disney Star, Anil NM Wanvari praised Disney Star’s record-breaking viewership during the ICC Men’s Cricket World Cup 2023.

    Varghese highlighted the success of the World Cup, attracting over 500 million TV viewers and a streaming reach of 295 million, making it one of the most successful ICC Cricket World Cups to date. He also emphasized their focus on seamless viewer experience, enhanced engagement, and facilitating ROI discussions. The streaming platform introduced a bunch of innovations including MaxView, a technological innovation that allows cricket fans to watch the game in vertical mode (9×14 portrait view) for the very first time in the history of cricket streaming. MaxView was launched in collaboration with the International Cricket Council (ICC) and had close to 30% people sample it during the tournament.

    Varghese also spoke about the self-serve platform launched for live cricket for the very first time. And how the platform gave advertisers the opportunity to advertise on cricket by just booking on the Disney+ Hotstar platform directly. The streaming service had hundreds of agencies logging in and almost 150+ new advertisers who advertised on cricket for the first time.

    Disney+ Hotstar broke the record for peak concurrency with 59 million viewers for the final match. Ajit spoke about how the platform enabled its tech to handle this feat seamlessly. “We actually enabled our tech to handle almost 50-55 million concurrent users. There are two things that you need to look at. One is, when you get to that concurrency, can you serve ads to all of them? Second, what if the concurrency goes up further? So, the enablement of tech is on both fronts. One is the ability to handle more concurrency. Second is having that ad insertion in a seamless way so that the user experience does not have lags, breakage and all of that.”

    He further added, “From a targeting point of view, there were around 12 targeting options. Now we took it up to 55 with the World Cup. Ad insertion capability moved up almost by 5X. So there are a lot of things that you observe when you watch a match seamlessly because finally for a consumer it’s his mobile and it’s his experience. When you look at close to 300 million people watching that tournament and when I look at 59 million concurrency, both should not have any leakage in experience and that’s why I think the sport is a history and the overall experience has been historic.”

    Wanvari then questioned Varghese about the upcoming Pro Kabaddi League to which he said “When we started PKL in 2014, in the year two or three itself, it became the second largest sport in India. And we recently announced PKL being available for free on mobile on Disney+ Hotstar with the aim to make Kabaddi accessible to all of India and foster a stronger sense of engagement amongst the fans.”

    He also highlighted the overall growth the league has witnessed, the boost in PKL player payments, and the significant advertiser value return expected from PKL, he said, “The growth in player payments is 10x. And if you look at the kind of advertiser value return, I would say this would be the single event which gives you more than 15-16x kind of return. PKL will be bigger than any other reality show.”

    When asked about the division between TV and OTT audiences for the World Cup, Varghese

    said “It is very interesting with the World Cup being offered for free on mobile. What we saw is that TV viewership was not affected at all. So, if you look at this World Cup or the last World Cup, TV viewership has held strong with TV’s peak concurrency hitting 13 crores. What’s beautiful with that logic is, digital streaming while has grown leaps and bounds, it hasn’t impacted TV viewership.”

    Varghese shared lessons for brands and advertisers, highlighting the effectiveness of sports in advertising. He emphasized the need for transparency in metrics and the importance of sports marketing for profitability and campaign success. Regarding the confusion between views and concurrent viewers, Varghese stressed the importance of transparency and factual data to instill confidence in advertisers.

    He also discussed the growth of Free Ad-supported Streaming TV (FAST) in India, primarily operating on Ad-supported Video on Demand (AVOD).

    Addressing the rise in consumption patterns on social media, Varghese debunked the notion that people only spend time on social platforms, emphasizing on the variety of content available today including User Generated Content and Professionally Generated Content. He discussed the evolving models for content creation as well.

    Varghese concluded by discussing India’s advertising market, anticipating growth as the country evolves into a per capita market. He highlighted the ample headroom for advertising spends to grow in India’s expanding economy and population.

  • IBS: Marketing to GenZ – A Hallyu case study

    IBS: Marketing to GenZ – A Hallyu case study

    Mumbai: The India Brand Summit held on 28 November 2023 at The Lalit Mumbai came to its conclusion with an exclusive presentation by The Happyness Factory founder Yogesh Karikurve.

    The presentation was an intriguing Hallyu case study that delved deeper into GenZ’s craze for K-pop, its rise, the fandom in India, and much more…

    A Hallyu case study