Tag: Initiative Media

  • Wavemaker India and ABP Group shine bright at Goafest ’24

    Wavemaker India and ABP Group shine bright at Goafest ’24

    Mumbai: The vibrant city of Mumbai played host to the day 1 of Goafest 2024, where the atmosphere crackled with anticipation as the winners of the prestigious Media ABBYs and Publisher ABBYs were unveiled. This year’s Abby Awards 2024 powered by One Show, once again raised the bar, attracting an astounding 3,506 entries from 273 companies.

    In the realm of Media ABBYs, 65 illustrious metals were bestowed upon deserving recipients, setting the stage for a night of celebration and recognition. Leading the charge was Wavemaker India, capturing hearts and minds with a remarkable tally of 98 points and 16 metals, earning the coveted title of Media Agency Specialist of the Year. Among their impressive wins were four Golds, notably for their outstanding campaigns for Cadbury, including the captivating ‘#erasevday’ and the innovative ‘#NothingUniversity’.

    Not to be outdone, Initiative Media secured a commendable second place with 48 points and 8 metals, showcasing their prowess with campaigns such as ‘Yippee! Create Magic – Plastic to Parks’ for Sunfeast Yippee! and the thought-provoking ‘Missing Elephants: Provocative Creativity shaking Humanity’ for Amazon Prime Video.

    However, stealing the spotlight and clinching the Grand Prix was Essence Mediacom, a triumph fueled by their groundbreaking campaign for Airtel 5G Plus titled ‘Ultimate Fans: Look Maa! I am on TV’. Their stellar performance, garnering 42 points and 6 metals, underscored their commitment to innovation and creativity in the digital age.

    Rounding out the top ranks were stalwarts Mindshare and Publicis Media, each claiming their share of the limelight with impressive campaigns and a collective total of 12 metals.

    Day one of Goafest and the Abby Awards 2024 powered by One Show also saw ABP Pvt Ltd emerge as the Publisher of the Year – its second successive victory – with five metals that included gold, two silver, and two bronze.

    The Hindu Group stood second with a gold, a silver, and three merits. Jagran Prakashan Ltd – the runner-up to the Publisher of the Year 2022 – came third with two bronze metals and two merits to its name.

    As the curtains draw on Day 1 of Goafest 2024, the stage is set for yet another exhilarating day of festivities, as the industry comes together to celebrate creativity, innovation, and the relentless pursuit of excellence.

  • Industry unites to draw massive delegation for Goafest 2024

    Industry unites to draw massive delegation for Goafest 2024

    Mumbai: Goafest, South Asia’s premier festival celebrating creativity excellence, continues to drive industry growth and collaboration. This year, the festival has achieved remarkable success with a surge in delegate entries and unprecedented support from industry leaders. Scheduled to take place from 29 to 31 May at the Westin Mumbai, Powai Lake, this year’s event has drawn increased participation from agencies and clients of all scales, underscoring its expanding influence and reach.

    The 17th edition of Goafest boasts of an impressive line-up with delegation from media agencies including Havas Media, Publicis Media, Group M, Madison Communications, Initiative Media, OMD, and Zenith Optimedia, among others. Creative powerhouses TLG India, L&K Saatchi & Saatchi, Leo Burnett, FCB Group, Havas Worldwide are also on board, along with brands like Nestle, Tips Industries, Kotak General Insurance, and Airtel. Media giants Bennett Coleman, ABP Group, Zee Media, Navabharat Media Network, et al have also shown unwavering registration support. The festival’s appeal spans multinational agencies to smaller firms, showcasing its inclusive ethos.

    Goafest remains a pivotal industry event, driving innovation, creativity, and collaboration year after year. It’s a hub for professionals to share ideas, learn from experts, and showcase groundbreaking work. The festival’s impact resonates throughout the industry, inspiring creativity and enhancing professional networks.

    Goafest 2024 chairman of the delegates committee – Sam Balsara expressed his enthusiasm for the upcoming event, stating, “Goafest has always been a beacon of creativity and innovation in the advertising industry. This year’s entries have set a new benchmark for excellence. The support from the industry has been overwhelming, and the record number of registrations is a clear indicator of the vibrant and dynamic nature of advertising media and marketing industry.”

  • Initiative Media becomes media AOR for Urban Company

    Initiative Media becomes media AOR for Urban Company

    Mumbai: Online home service platform Urban Company has named Initiative Media, the full-service media arm of Mediabrands India as its media agency on record. The account was won following a closely contested multi-agency pitch and will be managed out of the agency’s Gurugram office.

    According to a statement, the business mandate includes both online and offline media duties and will focus on providing comprehensive media solutions to augment business outcomes.

    “We are extremely delighted by this association and prepared to position Urban Company as the country’s go-to platform for all of their listed services. Our approach is designed to deliver client-centric results and will ensure elevating the growth momentum for the brand,” said Initiative CEO Vaishali Verma.

    Urban Company aims to rapidly expand its national footprint while also launching new products and services pan India, said the brand in a statement. “Initiative’s strategic and audience-first approach and understanding of their unique business model, aligns perfectly with Urban Company’s expectations for their future endeavours, making this a fitting partnership,” it added.

    “We are stepping into the next phase of our evolution and expansion now and confident that Initiative will prove to be our trusted partner in this growth story,” stated Urban Company SVP Abhinav Tyagi. “The seamless combination of their superior strategic planning, the robust experience of managing new-age clients, backed by a passionate young team made the mark for us. We are looking forward to a great run together.”

  • Telewise Bangla: Why West Bengal’s local brands prefer TV as a medium

    KOLKATA: Behemoths like Hindustan Unilever, Godrej, Procter & Gamble, and others of their ilk, may be lording it over product categories nationally, but in regional markets, they more often than not come up against sprightly, nimble, scrappy local players who give them more than a run for their money.  Not only for space in shop shelves but even as far as media spends on TV, print and digital are concerned. The scenario is no different in west Bengal.

    The sentiment and proclivity of local entrepreneur-led brands to use TV as a communication medium and brand builder was the topic of discussion in a virtual session ‘New Bastions of Growth’ at indiantelevision.com’s  Tele-wise Bangla- the Power of Television summit.  Prestige Ice Creams (owner of Rollick) managing director Gaurav Khemani, Ajanta Shoe, managing director Sagnik Banik, Keya Seth Aromatherapy founder Keya Seth, Initiative Media executive vice president Mahesh Motwani got into conversation with Indiantelevision.com founder, CEO & editor-in-chief Anil Wanvari and senior reporter Gargi Sarkar to give their perspectives.

    Khemani, who took over the company five years ago, is a big believer in television as a medium. The company that was growing 23 per cent year-on-year pre-pandemic started expanding the moment it went on TV, albeit improving product quality and distribution also played important roles, he said. Even this year, Rollick launched a campaign in February which ran till March. As Khemani shared, the campaign led to sales reaching levels never reached before in March.

    “The reach of TV is far ahead in Bengal, compared to print or any other medium. If you take TV, you can get around 75-80 per cent reach, whereas for print it is 30-35 per cent at best. If you look at the rural segment, print almost does not reach there,” Motwani stated, noting that Bengal is almost 68 per cent rural.

    However, the reach of digital still stands at around 50 per cent at best in urban areas of West Bengal. While everyone gets excited about digital, TV is extremely important for any advertiser in the state. Moreover, the brands need to plump for Bengali  TV channels which have the highest reach amongst TV viewers,  Motwani added. For premium programmes like SaReGaMaPa, Dadagiri, advertisers start booking slots way ahead.

    Ajanta Shoes’ Banik said it has only been two years since it signed Sourav Ganguly as a  brand ambassador for its sports shoes  as it pivots the company towards being a complete footwear provider from being a manufacturer of slippers alone. And its constant bombardment of the TVC with Ganguly and his dog on Bengali TV channels, has seen its sports shoes kick in sales of Rs 20 crore, Banik claimed. He added that there is no doubt that  TV is important to reach the masses but digital plays a role in  showcasing the technology that goes into the making of a sports shoe.

    Keya Seth Aromatherapy takes a different marketing tack.  Rather than jumping on to celebrity endorsements, the beauty brand’s founder Keya Seth and her daughter are  the faces in its promotions. The company was compelled to pull back media spends since filming stopped in March 2020. Seth explained that the company was compelled to do so as Keya Seth Aromatherapy used to produce a half-an hour programme for TV rather than buying spots.

    For the past year, it has not opened the lock it has put on its media spend chest  as yet. According to Seth, that has not had much of an impact on its growth with sales rising four-five per cent in the past one year. She asserted that she might opt for ad spends again, but the focus would be on digital.

    One of the major issues that some of the local brands are facing is being “outbid” by national advertisers, Seth highlighted. Earlier, regional channels used to treat local and national clients  differently. Some local brands used to spend even Rs 25-30 crore in a year for TV advertising, she noted. And the sales team would stand by them and give them enough priority. But now TV channels are selling slots to any brand which  is willing to fork out more.

     Hence, many of the local brands are not being able to match up their ad budgets with larger brands and gradually shifting to digital. Most of the local brands ink year long deals while many of the national brands just spend for a few premium properties, for a limited period of one -two months. Seth noted that the TV channels are on the verge of losing those long-term investments of local clients prioritising short-term  gains from national brands. While Seth is still keen on coming back to TV, she is of the view that the channels will have to look at how they can add more value.

    According to Motwani, most clients in Bengal work closely with agencies on their branding and media strategies, with owners getting on top of even negotiating ad rates. ”Sometimes, because of their relationships, the entrepreneurs get a better buy,” he said. “If the clients don’t feel like they are getting the right rate, they hold back their TVCs. Their thinking is that if they accept a higher quote, it will become the benchmark for future deals.”

    What about local Bengal brands spreading their wings nationally? Ajanta Shoes has already started moving beyond the eastern market to enter Punjab, Rajasthan, Uttar Pradesh. Keya Seth Aromatherapy already has a  presence in  Delhi, Jharkhand, Tripura, Assam, Jaipur, Bangladesh, Nepal. As Bengali consumers across the world have emotional attachment to homegrown brands, the beauty brand has some customers in the US and  London too.

    Banik stated that he will depend largely on TV to popularise his brand in new states to which it is spreading out. And he will go for a mix of both regional channels there as well as those with a national footprint. But the weightage will be more towards regional channels.

    However, Khemani pointed out that he would rather concentrate on building Rollick in east India for now. “Covid has given us opportunities to think through new opportunities. Pre-covid, I was interested in going national straightway. At this point of time, we want to stay in the east at least for three years and  take a leadership position here,” he said.

    Motwani in closing pointed out that West Bengal has oodles of entrepreneurial spirit pointing to brands like ITC, Gestetner, tea companies, plywood producers like Century and Green Ply which have come to define and dominate product categories. “They are ambitious and they are great believers of TV as a brand building medium,” he said. “Both locally and nationwide. And that will stand TV in good stead.”

  • MEC India appoints Mukti Kumaran as west head

    MEC India appoints Mukti Kumaran as west head

    MUMBAI: MEC India has appointed Mukti Kumaran as its west head. Prior to joining MEC, she was heading the Mumbai branch at IPG Media Brands-BPN. Based out of Mumbai, Kumaran will report to MEC India managing director T Gangadhar.

     

    Gangadhar said, “We are delighted to have Mukti onboard our leadership team. She is a progressive communications professional and brings with her a wealth of experience. I have no doubt she will be a real asset to MEC.”

     

    Kumaran has been a media professional for over 18 years and brings with her a rich experience in strategic planning, buying and new business development. She has worked across markets and has experience on both sides – client and agency. She has earlier worked with Leo Burnett, Initiative Media (LMG), Lodestar and Wipro. 

     

    Kumaran added, “I believe the paradigm of media planning and buying is changing very rapidly. As consumers become platform agnostic and increasingly digital, the approach to engaging with them becomes that much more interesting and challenging. My focus will be to ensure that we are pushing our understanding of consumers and evolving smarter and newer ways to engage our brands with them. Looking forward to some exciting work here.”