Tag: Magicbricks.com

  • Star India all set for Asia Cup 2016; ropes in 13 sponsors

    Star India all set for Asia Cup 2016; ropes in 13 sponsors

    MUMBAI: Star India is all set for the Asia Cup, which kick-starts on 24 February and has roped in as many as 13 sponsors for the same.

    The 50-over cricket format in today fast paced age is fading into oblivion with T-20 gaining prominence as a preferred format. The Asia Cup cricket tournament, which was rolled out by the Asian Cricket Council (ACC) in 1983 as a goodwill between Asian countries, will have its 16th edition in Bangladesh. The tournament faced its own set of challenges time and again as it fell prey to the political inconsistencies between India and Pakistan.

    After the ACC was downsized by the International Cricket Council (ICC) in April 2015, it was announced that the upcoming Asia Cup events will be played on rotation basis in One Day International (ODI) and Twenty20 International (T20I) format based on respective next world events under the ICC. What this means is that the 2016 and 2020 events will be played using the T20I format, ahead of the 2016 and 2020 World Twenty20s, and the 2018 and 2022 events will be played in the ODI format, ahead of the 2019 and 2023 World Cups respectively. It is for the first time Asia Cup will played in the T-20 format. The announcement may be a heart-breaking one for traditional cricket lovers but it’s certainly comes as icing on the cake for the official broadcaster – Star India.

    “T-20 format is the only one, which is garnering full houses everywhere. This change in format gives the tournament a new dimension,” said a senior sports media planning expert.

    Star India acquired the broadcasting rights of the tournament till 2023, and for the first edition it has roped in as many as 13 sponsors in Micromax, Magicbricks.com, Vimal Pan Masala, Shopclues.com, CEAT Tyres, Gillete March III, Britannia, Gaana.com, Idea, Raymond, Bharti Axa life insurance, Royal Stag and Karbonn Power Bank.

    “The ad rates for a the matches will be close to Rs 4 lakh while the India VS Pakistan matches will command a higher price. Indo-Pak final can be a great boom for Star India as they can monetise it at a premium price,” asserts the expert.

    According to sources, Star India acquired the telecast rights for approximately $40 million for four seasons till 2023. An executive from a rival channel said, “We chose not to bid for it and as per my knowledge there was no bidder to place a bid in order to acquire the rights. But then after a mutual discussion between Star India and the association, they came to a consensus. The minimum slab was $13 million per season, which we thought was too high.”

    Micromax has come in as the on-ground title sponsor, while Britannia is the ‘powered by’ sponsor. “The title sponsor position was sold for Rs 8 crore, while Britannia dished out Rs 6 crore for the ‘powered by’ sponsorship. The tournament will see packed houses becoming a reality and hence it will be a good return on investment for brands that have come on board,” said the media planning expert.

    The tourney will kick-start on 24 February and five teams will battle it out for Asian supremacy in Bangladesh. It now remains to be seen if the change in format rejuvenates the tournament.

     

  • Star India all set for Asia Cup 2016; ropes in 13 sponsors

    Star India all set for Asia Cup 2016; ropes in 13 sponsors

    MUMBAI: Star India is all set for the Asia Cup, which kick-starts on 24 February and has roped in as many as 13 sponsors for the same.

    The 50-over cricket format in today fast paced age is fading into oblivion with T-20 gaining prominence as a preferred format. The Asia Cup cricket tournament, which was rolled out by the Asian Cricket Council (ACC) in 1983 as a goodwill between Asian countries, will have its 16th edition in Bangladesh. The tournament faced its own set of challenges time and again as it fell prey to the political inconsistencies between India and Pakistan.

    After the ACC was downsized by the International Cricket Council (ICC) in April 2015, it was announced that the upcoming Asia Cup events will be played on rotation basis in One Day International (ODI) and Twenty20 International (T20I) format based on respective next world events under the ICC. What this means is that the 2016 and 2020 events will be played using the T20I format, ahead of the 2016 and 2020 World Twenty20s, and the 2018 and 2022 events will be played in the ODI format, ahead of the 2019 and 2023 World Cups respectively. It is for the first time Asia Cup will played in the T-20 format. The announcement may be a heart-breaking one for traditional cricket lovers but it’s certainly comes as icing on the cake for the official broadcaster – Star India.

    “T-20 format is the only one, which is garnering full houses everywhere. This change in format gives the tournament a new dimension,” said a senior sports media planning expert.

    Star India acquired the broadcasting rights of the tournament till 2023, and for the first edition it has roped in as many as 13 sponsors in Micromax, Magicbricks.com, Vimal Pan Masala, Shopclues.com, CEAT Tyres, Gillete March III, Britannia, Gaana.com, Idea, Raymond, Bharti Axa life insurance, Royal Stag and Karbonn Power Bank.

    “The ad rates for a the matches will be close to Rs 4 lakh while the India VS Pakistan matches will command a higher price. Indo-Pak final can be a great boom for Star India as they can monetise it at a premium price,” asserts the expert.

    According to sources, Star India acquired the telecast rights for approximately $40 million for four seasons till 2023. An executive from a rival channel said, “We chose not to bid for it and as per my knowledge there was no bidder to place a bid in order to acquire the rights. But then after a mutual discussion between Star India and the association, they came to a consensus. The minimum slab was $13 million per season, which we thought was too high.”

    Micromax has come in as the on-ground title sponsor, while Britannia is the ‘powered by’ sponsor. “The title sponsor position was sold for Rs 8 crore, while Britannia dished out Rs 6 crore for the ‘powered by’ sponsorship. The tournament will see packed houses becoming a reality and hence it will be a good return on investment for brands that have come on board,” said the media planning expert.

    The tourney will kick-start on 24 February and five teams will battle it out for Asian supremacy in Bangladesh. It now remains to be seen if the change in format rejuvenates the tournament.

     

  • IPL 8, team franchisees rope in sponsors galore

    IPL 8, team franchisees rope in sponsors galore

    MUMBAI: As the Indian Premier League (IPL) cricketing extravaganza draws closer, multiple brands have come on board to associate with the tournament and various team franchisees. 

     
    Magicbricks.com has come on board as an associate sponsor for the eight season of  IPL. This is one of the big spot associations in the recent past for Magicbricks.com.
     
     
    Magicbricks.com head of marketing Manisha Rana said, “IPL is one of the biggest sports festival and is every advertiser’s delight. The association is an endeavour to reach out to maximum end users across the country using association with IPL this season. The association with IPL is a part of the company’s strategy to connect with our existing as well as prospective target audience on a nationwide juncture. IPL provides a non-stop 45 day connect with the audiences and it allows to build connect with the masses at a continuous pace. We are looking at this platform to maximize visibility and build brand preference. Our new campaign leverages this platform in two strategic ways – the story of our protagonist’s is centered on the viewing of the matches. Secondly, we are launching a campaign with a 15 second ad format only to maximize media presence. Teasers to our campaign are already out and the main campaign goes live in IPL.”
     
     
    That’s not all. Sansui has joined hands for the second consecutive year as the official sponsor of the Kolkata Knight Riders (KKR). Sansui’s logo will appear on the back of KKR jerseys.

     

     
    Like KKR, the company claims that it is persistent in providing top notch entertainment and quality performance to its customers by delivering state-of-the-art Japanese technology products.
     

     

    Sansui’s product line-up includes LED TVs having cutting edge technologies like Curved, 4K (UHD), Smart, UltraLuminous and Connect. Through its association with KKR for the second year in row, Sansui aims to bring the excitement of IPL to millions of viewers via its premium series of televisions. 
     

     

    The range promises stadium like experience at home through its 4K Ultra High Definition picture quality and crystal clear sound. Through this association, Sansui plans to further reinforce customer satisfaction and position itself as a youth centric brand.
     

     

    Sansui COO Amitabh Tiwari said, “I am delighted to announce our partnership with the champion team of IPL 2014 – Kolkata Knight Riders, for the second consecutive year. Team KKR is a trendsetter and the pioneer of the most iconic sports leagues in the world. Thus, we find great potential in associating with them. Besides, sports is the only genre other than news, which inspite of being time bound has an intense viewership. Our partnership with KKR provides us an ideal platform to not only engage with our discerning customers but also bring the best to our viewers with our premium product range. We wish the team good luck for their journey in IPL 8 and hope that they continue their winning streak.”
     

     

    Additionally, Gionee has come on-board as the team’s principal sponsor till 2017. The Gionee logo will be seen on KKR team’s shirt as well as at the stadiums on advertising signage.
     
     
    It may be recalled that since the inception of IPL in 2008, Nokia has been one of the principal sponsors of Khan’s team. However this year, the brand, which was acquired by Microsoft in 2014, decided not to renew its sponsorship deal with KKR.
     
     
    Gionee India country CEO and MD Arvind.R.Vohra said, “We are super excited to back the defending champions and one of the most popular IPL team, KKR. KKR represents the true spirit of Gionee with its challenger attitude and we are certain our association will witness greater heights.”
     
     
    Kolkata Night Riders CEO Venky Mysore added, “It’s great for KKR to be able partner with an aggressive and restless brand like Gionee. Their growth has been phenomenal and we are confident that through this partnership, brand Gionee will continue to reach new heights.”
     
     
    Meanwhile, ICT giant Huawei India has extend its partnership with Royal Challengers Bangalore for three IPL seasons.
     
     
    The Huawei logo will feature on the front of the RCB jersey as a principal sponsor.
     
     
    Huawei, first associated with RCB in IPL 2014, will also have substantial branding exposure at RCB’s home ground – the Chinnaswamy Stadium, along with in-stadium promotional rights. In addition to this, Huawei and RCB will also launch a series of joint marketing initiatives to engage with their respective consumers and fans across India.
     
     
    Huawei India CEO Cai Liqun said, “We are extremely excited to strengthen this relationship with Royal Challengers Bangalore. As a long-term commitment towards the game and the team we have entered into an association for three years starting 2015. The game of cricket in India cuts across demographic barriers and connects masses. With this association, we aim to create a strong resonance for the brand Huawei as it paves its way to become brand of masses.”
     
     
     
    Huawei India president of consumer business group Allen Wang added, “We warmly welcome this association with Royal Challengers Bangalore and are very enthusiastic about the forthcoming edition of the IPL. We have also recently launched our new e-brand Honor, which is “For the Brave”, for the ones who dare to dream and follow their passion to achieve something, much like the Royal Challengers Bangalore. We wish the Royal Challengers Bangalore all the very best for this year’s IPL.”
     
     
     
    Royal Challengers Bangalore vice president, commercial, operations and Cricket Academy Russell Adams said, “We are pleased about our renewed partnership with Huawei for the next 3 years and we thank them for the support and the faith shown in us.  We look towards a long and fruitful association with Huawei.”
     
    The Royal Challengers will be playing their inaugural match on 11 April, 2015 against Kolkata Knight Rider in Kolkata. This will be the fourth match of the tournament.
  • RK Swamy BBDO wins creative mandate for Magicbricks.com

    RK Swamy BBDO wins creative mandate for Magicbricks.com

    MUMBAI: After a two-month long multi-agency pitch, RK Swamy BBDO has won the creative mandate for Magicbricks.com, the property portal from The Times Group.

     

    On winning to account, RK SWAMY BBDO senior partner Sunil Kuketri said, “This is an interesting category with a huge canvas available for creativity. We will make the most of this opportunity by creating interesting clutter-breaking work for Magicbricks.”

     

    Magicbricks.com is a property portal with a host of specially developed features and tools to aid the users in taking the right decision; making it the most comprehensive platform in the category.

     

    RK Swamy BBDO, part of RK Swamy Hansa, serves over 250 companies in India and the USA. With around 1200+ professionals, the Group offers Creative and Media services, Market Research, Direct/CRM & Advanced Analytics, Events and Activation, Healthcare Communication, PR, Social & Rural Communication and more.

  • MagicBricks launches second TV commercial

    MUMBAI: MagicBricks.com has launched its second television commercial focused on the “money-minded investment-driven” audience segment.

    The commercial is based on a new angle that property investments can make one rich and thereby indifferent to inflation.

    The brand promise from the second TVC is MagicBricks.com. Through its features, MagicBricks.com can help one find the right house and make the right investment. The TV commercial will make an immediate connect given that it is based on a very topical issue of inflation, the company said.

    This commercial once again features the mascot of MagicBricks.com – Rajan who is seen responding “Badhta hai to badhia hai” (good if it rises) in a set of scenes that depict him completely unruffled by the impending inflation scenario – much to the amazement of others.

    MagicBricks.com business head Sudhir Pai said, “The 1st commercial – “Options” – will continue to remain our lead commercial and will continue to run across all channels. Several consumer studies has told us that the second commercial on inflation will be much appreciated by the “investment-minded” property buyer segment of our target consumers…this segment of users has loved the new commercial. This is a very important segment for Magicbricks. In line with their media consumption, you will therefore see a heavier tilt of this commercial on the News and Business channels.”

    The TV commercials are running in full rotations on over 35 channels covering six languages – thereby making a substantial impact. The list of channels include Times Now, ET Now, Movies Now, Sony Entertainment, Sab TV, Zee Cinema, Zee Classic, Zee Action, Zee Premier, Movies OK, Aaj Tak, Tez, NDTV India, Zee News, News 24, NDTV 24×7, Headlines Today, Zee Business, National Geographic, History TV18, Sun TV, KTV, Gemini and Udaya Movies.

    Radio was launched with teasers and is being followed by a revealer and a heavy burst of radio communication – covering RJ Jocktalk, content integration and spots. This airplay is heavy on Radio Mirchi during weekdays.

    Print and display ads were initially designed with the aim to build Rajan as a mascot and “options” as a positioning plank for MagicBricks.com; the current phase of ads are taking this thought ahead and show MagicBricks.com as being able to provide maximum options for different property needs of buyers – for different types of property, for different localities within a city and for buyers who search homes based on distances to key facilities.

    According to the company, the online promotion activity for the campaign has covered all major portals and websites – having even “road blocked” entire sections on high traffic websites of relevance such as Yahoo! Finance, EconomicTimes.com, TimesofIndia.com, NavBharatTimes.com and Yahoo!Mail.