Tag: Moj

  • ShareChat & Moj Festive Report 2023: 47 per cent Indians to Surpass Rs 10,000 in festive spending

    ShareChat & Moj Festive Report 2023: 47 per cent Indians to Surpass Rs 10,000 in festive spending

    Mumbai: Capturing India’s shopping sentiment this festive season, ShareChat and Moj, India’s leading homegrown social media and short video platforms, today released a report titled India’s #FestiveFeeling Report 2023. The findings in the report are based on primary data collected through an in-app survey among 2355 respondents aged between 20 to 50 years, across India. The survey decodes the festive outlook and shopping sentiment of Indians ahead of the festive season and deep dives into specific categories such as mobile phones, automobiles, and beauty products, that the users will be spending most on this year.

    The report foresees a significant jump in the spending plans of Indians this year during festivities. 47 per cent of Indians are expected to spend over ₹ 10,000 on festive purchases, which is about 2.5 times more than last year. Of the people spending a minimum of ₹10,000, 48 per cent will spend ₹20,000 or more. This year, home improvement has made a strong entry into the top three product categories that Indians are likely to spend on, clothing and mobile phones continue to dominate the purchase categories. 66 per cent of Indians will use their savings to make these purchases. Discounts will drive a large percentage to choose brands and products, with 59 per cent prioritising the offers, especially for consumers in the age group of 26 to 35.

    For the upcoming festive season, going a level up in their lifestyle will be among the top priority for Indians. Of the Indians looking to buy home appliances, 19 per cent would want to buy a new television and 18 per cent, a new washing machine to spruce up their homes. Amongst consumers planning to invest in a new mobile phone, 44 per cent are seeking an upgrade for a better camera, while 34 per cent aim to stay up-to-date with technological advancements by choosing a 5G-enabled device.

    Within beauty products, perfumes and makeup will take the top spot in the shopping cart of Indians. Surprisingly, 14 per cent more males plan to buy perfumes this festive season than females. Social media remains the number one tool to research beauty products for Indians, with 34 per cent relying on it to find the products they love or would want to consider.

    The festive season is a time for many Indians’ automobile dreams to come to reality. Among Indian vehicle buyers, when it comes to four-wheelers, 41 per cent intend to upgrade to larger vehicles this festive season. Interestingly, a significant portion of these buyers are embracing sustainability, with nearly a quarter planning to make the switch to electric vehicles.

    There is also a marked shift in Indians considering brands as a crucial factor while making festive purchases, with 28 per cent saying that they will buy from a brand they love and prefer, with 19 per cent showing keen interest in buying directly from brand websites owing to more product choices, competitive pricing and trust.

    Commenting on the launch of this year’s report, ShareChat & Moj chief revenue officer Udit Sharma said, “At ShareChat and Moj, we know India’s content preferences and how they love to express and celebrate, especially during festivities. Social media and short form videos have been a game-changer in driving user preferences and purchase decisions. For the second year in a row, our report India’s #FestiveFeeling 2023, unravels India’s shopping sentiment ahead of the festive season, giving marketers crucial insights which can help them build an effective strategy to reach India’s diverse population. With India looking to spend more and upgrade their lifestyle this season, brands can harp on platforms such as ours, with deep understanding of culture and language, a strong mobile-first approach and the best of creativity, to gain significant leverage.”

    Social media and short-form video platforms, today, offer brands an innovative means to tap into a much larger target audience, especially during the festive season when user engagement is at an all-time high.  With over 325 Mn monthly active users, ShareChat and Moj have become ideal destinations for brands to form a deeper connection with India’s diverse and culturally rich population. Users actively look for products in-app in categories such as beauty, electronics, food, and automobiles. By leveraging popular creators, branded hashtag challenges, brand takeovers, studio ads, etc., brands can make a compelling case to their audiences via a platform that they are spending the most time on.

    Click here to read the full report: India’s FestiveFeeling 2023

  • Get ready for the comeback of #BappaOnMoj, a virtual Ganeshotsav celebration

    Get ready for the comeback of #BappaOnMoj, a virtual Ganeshotsav celebration

    Mumbai: It’s that time of the year we all eagerly await! It’s when diets take a back seat, and we savor delectable modak, puran poli, and satori. It’s when the powerful rhythm of dhol-tasha echoes through the streets daily. It’s when the evening aarti becomes a surreal experience. It’s a time when devotion, passion, culture, and artistry merge to create a magnificent display, celebrating our beloved Ganpati Bappa.

    To bring the grandeur and splendor of Ganeshotsav to every corner of the country, Moj, India’s largest short video platform, presents #BappaOnMoj. Starting from 16 September at 8 AM and continuing until 28 September at 12 AM, this celebration allows you to witness Lord Ganesha in all His glory, live from popular pandals across Maharashtra. Over 100 renowned Moj creators will livestream the Darshan of Ganpati Bappa from these celebrated pandals, ensuring that devotees everywhere can pay their respects and immerse themselves in the vibrant festivities.

    Across the ten days, Moj creators, including popular creators such as Rohit Bhoir, Raj Prasad, Nishant Khalade, Kavita More, Akash Kamble, Shubham Mapralkar, Siddhesh Sante and Sanket Shinde, are set to visit famous pandals and cover the celebrations. The pandals include Lalbaug cha Raja, ChinchPoklicha Chintamani, Ganesh Galli (Mumbaicha Raja), Khetwadicha Raja, GSB seva king Circle, Andhericha Raja, Girgaoncha Raja, Sahyadri Krida Mandal, Bhandarkarcha Raja Mandal, Dagdusheth halwai Mandir, Kasba Peth Ganpati, Tulshibag Ganpati, Dashbhuja Ganpati Temple, Chintamani Temple, Mayureshwar Mandir, Khinditla Ganpati, Omkareshwar Mandir and Parvati Hill temple, in Mumbai and Pune.

    Talking about the #BappaOnMoj campaign, ShareChat and Moj Sr. director of content strategy and operations Shashank Shekhar said, “The real essence of Ganeshotsav in India, and especially in Maharashtra, is the diversity of celebrations, underlined with shared devotion and passion. For the second time in a row, we wanted our users to truly and closely feel the spirit of Ganpati festivities which are an amalgamation of devotion, culture, art, food, music, and historical relevance. With #BappaOnMoj on Moj LIVE, we want to ensure that our users feel like they are a part of the glorious celebrations across the state through the eyes of their favorite creators. Through this campaign, our user community will be able to fully immerse themselves in the exciting celebrations and seek the divine blessings of Bappa, wherever in the country they might be.”

    The ten-day campaign will be a cultural extravaganza as creators from varied genres like dance, music, acting, and food, will take you through an unparalleled immersive experience which will cover all the aspects of the festivities – from the preparations and the amazing decor to the delicious food being offered, the historical significance of the pandals, and of course the Live Darshan of Bappa. Other Moj creators will also give the users a sneak peek into the celebrations at pandals in their neighborhoods, and even the family celebrations at their homes. Get ready to join Moj LIVE from 16 to 28 September to celebrate Ganeshotsav like never before and seek the blessings of Bappa from anywhere in the country!

  • GroupM India inks a strategic partnership with ShareChat and Moj

    GroupM India inks a strategic partnership with ShareChat and Moj

    Mumbai: Media investment company GroupM India and media aggregator ShareChat, with 400 million monthly active users (MAU) across ShareChat and Moj, has announced entering into a strategic partnership to power a new era of modern marketing.

    This partnership will focus on providing clients with both effectiveness and efficiencies across the pillars of the digital marketing ecosystem—reaching an uncharted Bharat audience and giving brands access to the exploding universe of short-format videos. It will also be translated into a suite of innovative products co-created by GroupM and ShareChat.

    GroupM India is looking forward to supporting the marketing solutions and allied communities to navigate through these challenges by offering privileged access to the ShareChat platforms.

    The partnership will look forward to effectively supplementing and delivering deeper engagement to GroupM India’s clientele through ShareChat’s diverse ecosystem that allows seamless integration of content to commerce and insight into Bharat’s consumption, behaviour, and digital journey. Furthermore, advertisers and brands will also be able to experience the convenience of its self-serve platform.

    The surge of short online videos creates a massive upside for growth. Businesses today need to be ready with a data-driven strategy to maximise engagement. Through ShareChat, GroupM India’s clients will gain access to a growing network of influencers and creators. As a result, brands benefit from unrivalled scale to create and promote content and drive brand engagement across digital platforms.  

    GroupM CEO-South Asia Prasanth Kumar said, “At GroupM, we have embraced the digital disruption and have instilled digital as one of the major cornerstones to drive change. The challenges thrown by digital transformation have immensely contributed to our learning and introduced us to newer consumer habits, in turn enabling us to add value to our clients by offering tailored marketing solutions. We see our partnership with ShareChat going a long way towards benefitting our clients as it effectively connects with a large population of the country.”

    The prospect of co-creating unique products with the help of innovation and technology is an added advantage. This partnership will allow brands to have greater opportunities to further harness new media and technological capabilities to effectively drive performance marketing.

    ShareChat and Moj chief commercial officer Ajit Varghese added, “Today, the consumer ecosystem is constantly evolving, however, the majority of the marketing spends continues to be parked for tried and tested platforms. It’s time for the marketing and advertising fraternity to realise the urgent need to adapt to this rapid change. We are glad to have partnered with GroupM in offering ShareChat’s expertise to enable brands to reach the Bharat and Gen Z consumers effectively and at scale.”

    The strategic partnership comes at the back of a successful association between ShareChat and GroupM India that happened earlier this year to launch the “Bharat Report.” The report classified users that prefer the Indian language on social media as “Bharat” users and “India” users as the ones that prefer using English, across all the regions of India. Since its launch, the insights from the report have introduced multiple brands to the uniqueness of Bharat and allowed them to seamlessly integrate Bharat into their overall media strategy.

  • “ShareChat & Moj are focused on building robust creator economy in India”: Senior director Shashank Shekhar

    “ShareChat & Moj are focused on building robust creator economy in India”: Senior director Shashank Shekhar

    Mumbai: Social media company ShareChat which was founded back in 2015, became a unicorn in April 2021. It has raised several funding rounds over the years, most notably in 2021 as it scales up rapidly. Earlier this year, it raised $255 million from Google, Times Group, and Temasek. It is now valued at $5 billion after this multi-tranche funding round.

    In the first part of the round, ShareChat raised $266 million in December 2021 from Alkeon Capital, Temasek, HarbourVest, Moore Strategic Ventures, and India Quotient. Twitter, Tiger Global, and Snap are among the other investors of ShareChat.

    ShareChat’s parent company is Mohalla Tech. ShareChat, besides its app, also runs short-form video content platforms Moj and TakaTak. It had acquired Takatak from MXMedia earlier this year. The platforms cater to over 400 million users.

    Indiantelevision.com caught up with ShareChat & Moj senior director of content strategy and operations, Shashank Shekhar. Among other things, he shed light on how the company has built diversified monetisation avenues beyond advertising in areas like virtual gifting and video commerce.

    He leads content operations for the organisation and focuses on driving the growth of the user and creator communities across all languages. In his role, he manages the content operations, creator growth and management, feed and product operations, and the overall app experience. Prior to joining ShareChat, Shashank was an entrepreneur. He founded Circle Internet, an Indian language hyperlocal content platform in 2018, and Elegart Solar Technologies, a company focused on offering outdoor solar lighting solutions in 2014. Shashank also briefly worked with Grabhouse as category head-commercial in 2015.

    He is a BTech graduate in Material Science and Engineering from the Indian Institute of Technology, Kanpur. He is fluent in two languages—Hindi and English—and enjoys exploring all content related to social media.

    Edited excerpts:

    On the monetisation strategy for ShareChat

    Shashank: We opened ShareChat to monetisation through advertising in early 2020. We have been building ShareChat’s ad platform for over two years now. We personalise ads using machine learning and AI algorithms as this enables marketers to target their customers more effectively and makes advertisements feel very organic to the consumer. As a result, we can improve revenue yield while keeping customer retention rates high.

    As several brands want to collaborate with us to tap into regional markets with their large-scale campaigns, we are helping micro-influencers monetise their content through native brand endorsements.

    Last year, we launched virtual gifting on ShareChat Live Audio Chatrooms. This year we rolled out video commerce. We are the only platform in India that offers all three avenues of monetisation-brand collaboration, gifting, and commerce-to creators in a consolidated bouquet.

    We also introduced a self-serve advertising platform, ShareChat Self Serve Ads, a few months ago that enables SMBs to create highly targeted multilingual advertisements. So far, it has supported more than 1,500 SMBs in posting highly targeted advertisements on ShareChat.

    On the content creators and remuneration

    Shashank: More than 32 million creators use the ShareChat app, and nearly 50 million creators use Moj. A passion for creating content no longer fuels the creator ecosystem. It’s a lucrative career option, and creators are equipping themselves with the right tools, skills, and technology to stay ahead of the curve. ShareChat and Moj are focused on building a robust creator economy in India.

    To enable creator growth, Moj recently launched the ‘Moj For Creators’ programme to build a path of accelerated growth for talented creators at different stages. With plans to facilitate creator earnings worth Rs 3,500 crore by 2025, we have several revenue sources for creators on the platform—virtual gifting, influencer marketing, and video commerce. These avenues will help creators across India earn a sustained livelihood and pursue a full-time career as content creators, thereby fuelling the creator economy.

    Virtual gifting is among the successful revenue models for monetising the Live Audio Chatroom feature on ShareChat. The feature enables users to send virtual gifts in the form of digital tokens to the hosts or the chatroom creators, making them feel valued. We are one of the largest Indian virtual gifting platforms in the country right now. We have generated more than Rs 390 crore in annualised earnings through virtual gifting on ShareChat and have recently launched it on Moj, witnessing a similar trajectory of growth.

    On the live and video commerce partnership with Flipkart

    Shashank: Our Live and Video Commerce partnership with Flipkart has also been a key development. While enriching the viewing experience on the platform by providing convenient access to products that content creators are showcasing, it also allows creators to share their curated tastes with their community and opens a revenue stream for them. In recent months, Moj has also become a key social commerce platform in the country through its partnership with Flipkart.

    On trends being seen when it comes to user generated content

    Shashank: In the last two years, we have seen the growing popularity of live streaming content across both our platforms. ShareChat Live Audio chatroom has emerged as India’s largest voice-based hangout destination with 12 million+ MAUs. Users from across the country are joining the chatrooms to connect with like-minded people and express themselves. We have seen interesting use cases of our community organising birthday parties, satsangs, sermons, discussing movies, celebs launching songs and products, connecting with astrologers, jamming together through this feature.

    We recently announced the launch of live video streaming on Moj, giving creators from across the country access to create highly engaging content across different creative formats such as live talk shows, live game streaming, jam sessions, stand-up comedy, shayari, cooking, astrology, and much more. Since its beta launch, Moj LIVE is already witnessing one million daily active users watching live content on the platform.

    On the whitespace that exists

    Shashank: Of late, we have witnessed a growing preference for shorter video content from both the creator and viewer perspectives. Most of our user community prefer watching short videos that are less than 30 seconds, and are also inclined towards long format videos that are less than three minutes long.

    Users these days are looking for quick doses of entertainment and infotainment that can be consumed on the go. While comedy and challenges are the most popular content categories, infotainment content, where information is presented innovatively, in a fun manner, has a higher chance of getting more engagement. Moreover, we have seen an increase in interest in lifestyle content categories like food, fashion, beauty, and grooming, and e-gaming content is also getting popular amongst teenagers. 

    On the languages that people prefer for content consumption

    Shashank: By virtue of the large number of creators and users of that language in our country, Hindi content is consumed the most across our platforms. In the southern regions of India, regional languages like Tamil, Telugu, Malayalam, and Kannada take precedence. Other Indian languages are also gaining high traction among our users.

    On the plan to go deeper in terms of language offerings 

    Shashank: Today ShareChat is India’s leading homegrown social media platform that operates in 15 Indian languages, which include Hindi, Marathi, Gujarati, and Punjabi. Kannada, Malayalam, Bengali, Tamil, Telugu, Odia, Assamese, Haryanvi, Bhojpuri, Rajasthani, and Urdu.

    We are already present in the major languages of our country, and the short-term focus is to go deeper within them and deliver an unparalleled social experience for our community.

    On the challenge in scaling up rapidly

    Shashank: The ecosystem of social media and short videos has experienced rapid growth. Users have a wide range of options, and there is fierce competition. Only businesses with a strong retention engine—i.e., those with a high percentage of users who frequently use the app—will succeed in this market. The keys to ensuring users and creators continue to be dedicated to the apps are and will be constant innovation and product enhancement.

    The delivery of a user-specific content stream will largely depend on sophisticated recommendation engines. Most social media businesses are working to tackle the significant problem of hiring AI expertise and developing these networks.

    On the challenge posed by other platforms

    Shashank: With over 650 million Indians on the internet, there is a lot of ground to cover for all. Consumers stick to a particular platform if it is highly personalised to their interests. Both Moj and ShareChat exclusively focus on Indian users and customise the product based on their needs.

    Our goal is to make Moj and ShareChat the top two social media platforms in India. We have observed interaction overlaps between our platforms and US-based global social media platforms. This indicates that ShareChat and Moj are fulfilling certain needs of Indian audiences with their capability to reach out to language-first audiences.

  • “We help machines learn the content and AI understand the content”: TMW COO Ratnendra K. Pandey

    “We help machines learn the content and AI understand the content”: TMW COO Ratnendra K. Pandey

    Mumbai: Indian hyperlocal content and resource distribution platform TriVayu Media Works (TMW), which was founded on 29 March 2020, is going from strength to strength. The Noida-based company, which claims to be the country’s first hyperlocal content distribution company, today has more than 10 micro-offices and over 10,000 content partners in India. It was co-founded by Tanu Shree Rawat and Ratnendra K. Pandey. TMW said that it helps Indian companies target the hyperlocal market by creating super-niche content, marketing, and resource services.

    TMW has been providing a wide array of services which include resource management (end-to-end customer success services in 12 languages); content learning (content moderations, tagging, grading services in 12 languages); creative designs (2D, 3D, motion graphics, VFX); bulk content (India’s largest ecosystem to manually crawl content, write articles, create memes and photos).

    Presently, TMW has 15 full-time employees, 60 project-based (ad-hoc) employees, and 600+ contract-based partners.

    TMW says that its mission is to make the youth of India self-reliant with the simple tool of the internet and to create an effective ecosystem which recruits and trains more and more candidates. TMW has a network of over 10,000 people and has a unique micro-office-based model that it claims no other company currently offers.

    TMW added that it has catered to the needs of over 110 clients and reached out to over one billion users through its various social media platforms. The company is targeting Rs 50 crore in revenue in the new fiscal and expects 10X year-on-year growth. TMW is aiming to open two studios to support India’s rising live streaming content industry. One studio will be based in Noida while the other will operate out of Lucknow.

    Indiantelevision.com caught up with Ratnendra K. Pandey to find out more about the company’s plans. His responsibility is to manage the lead operations and steer the strategy for all departments. As the Chief of Operations, he is keen to raise the brand as per the companies’ requirements and immediate goals.

    He started his career as a journalist at a time when very few realised the potential of internet content. Initially, he started working at the digital desk of Star News (now ABP News). He has also worked with many companies, including Terrevive, a Hong Kong-based tech company; CCM Benchmark, a Paris-based content company; and a couple of more clients.

    To kick-start TMW, Pandey invested rupees eight lakh in 2020 from his own savings to strengthen the operations, on-board the right talent, and boost the growth of TMW.

    In his free time, Pandey loves to travel and explore new destinations. From 2017 onwards, he has explored 50 cities across 10 countries in the world. Traveling re-energizes the lost soul and fosters a sense of unity and love among his family members.

    Edited excerpts:

    On the market gap that he saw when launching TriVayu Media Works in 2020

    Ratnendra: The story of TMW started five years ago. When I was working with UCBrowser, I saw that when I had to reach out to people in tier two and tier three cities, I had no agencies. Agencies were in the metros and it was unusual for them to reach out to tier two and three cities. If they wanted someone who could create a video and write articles, it was difficult to find.

    This was the market gap that existed. So, before starting TMW, I spent six months developing a community network. These people are very well-trained in creating and writing content in hyperlocal languages based in tier two and tier three cities. They can do multiple things in the content domain.

    On whether COVID-19 forced a course correction

    Ratnendra: When I started TMW, Covid-19 had not yet arrived. In January 2020, I visited multiple cities in UP and Rajasthan. I thought of training people in these cities. For me, it is a personal story, since I come from a small city. TMW gives them training. I did this before officially launching operations. Covid-19 came in March. It gave us the power to support brands that were struggling. Brands were not getting the support from agencies as, all of a sudden, everyone was working from home. We were working on developing in a community that worked from home.

    On the services that TMW offers, like resource management and content learning

    Ratnendra: When you talk about resource management, there are two major domains, one being content moderation, tagging, and placing. Fake news is a concern for brands. On Instagram reels, you see similar content on your timeline. The majority of content is tagged by a human. So if someone is driving a car in a short video, it will be defined to the machine by a human being. Every video is defined. Similarly, if there is a bad video on level one, it will be filtered by AI (artificial intelligence), but on level two, there will be human interference. It is human interference that is tagging the content. We help machines learn the content. We help AI understand the content.

    On the 10,000 content partners that TMW works with

    Ratnendra: We try to develop smaller communities in tier two and three cities. In Rajasthan, we have around 1,500–1,600 people working for us. They are college graduates or post-graduate students. There are communities in 13 cities. In some, we have 100 people, 200 people, or 1,000 people. We educate and on-board them for more and more work.

    On the work that TMW does with clients like ShareChat and MXPlayer

    Ratnendra: We have been providing them with content services. For MXPlayer, we provide content learning services. A show concluded recently. The show was streaming 24*7. There is the comment section open to everyone, so people may use abusive language while commenting. It is the platform’s responsibility to not allow such comments. We were helping them filter such comments, delete them, and take action against the users. It was moderation work for the platform. For Sharechat, we provide them with trending content services based on events.

    On TMW’s USP vis-a-vis competition

    Ratnendra: There is no company that gives all our offerings. Some companies provide 30 percent of what we do. We also have quickly available resources. We work on that side before a client approaches us. We can service a client in 48 hours. We organise smaller events to train employees on clients’ requirements. So a brand may come tomorrow and ask for 20 people.

    We are ready for it and we are quick in terms of providing resources. We are also strong on the hyperlocal side. So we can provide someone in Rajasthan with a local dialect. Haryanvi farmers speak Haryanvi—a dialect and not a language. We can provide a company with someone who speaks this dialect and can then create a promotional video. The aim is to make the communication process smooth.

    On the two studios that will be opened to leverage the streaming opportunity

    Ratnendra: Streaming is the next big thing that is happening in the country. We are opening one studio in Noida and another in Lucknow. It is about serving as many businesses as possible. Resource or content creators must not have to travel as much. The aim is to save clients money, time and make it more feasible for the creators. If this is successful, we will open more studios and penetrate deeper.

    On the key things that marketers need to keep in mind when they use Internet-based channels to generate maximum ROI

    Ratnendra: The most important part is choosing the correct medium, whether it is influencer marketing or another platform.If you have to target a farmer and promote a tractor, you should target a Youtube influencer to do the job, not someone on Instagram or Facebook. They have a specific way of narrating & more and more people watch them from the farming community in villages. This is why research is important.

    On trends seen in influencer marketing

    Ratnendra: The trend is going to be hyperlocal. It has always been there. When you travel by road in Europe, the language changes. When you go from one country to another, the language changes. If you take a highway from Chandigarh to Maharashtra, you will encounter six to seven languages. You have platforms that target a certain language.

    Similarly, on social media, you see content in different languages. You do not have to use Hindi to speak to a farmer in a tier two or three city. If a brand is targeting consumers in Uttarakhand, then why not create an app in the Kumauni language? Why must you use Hindi? That is the opportunity for TMW.

    On the role of regional in brand storytelling

    Ratnendra: This trend started four years ago. Increasingly, you are seeing billboards in local languages. Other media will soon adopt more local languages. There is also a joy in conversing in one’s mother tongue. If an advertiser or brand wants to communicate a message, why not do it in a language that the consumer is most comfortable with? It is important to adapt to things in the local lingo.

    On whether brands use social media platforms like Instagram and Twitter better

    Ratnendra: Brands explore them. They use them. It is just that initially there was only English, then Hindi came, and then came the local languages. In the future, more local languages will debut. Brands that aspire to become big will go the local language route in communication.

    On TMW launching a podcast

    Ratnendra: The podcast aims to connect the brands that work with us with more people from tier two to three cities. The podcast communicates through voice. We will make multiple cuts and distribute them through multiple platforms, like short video apps. A podcast is the only thing that can be cut and distributed in as many mediums as possible.

    Memes are also doing well, but they target only a specific kind of audience. But the podcast format has a future in the country. It is still in an early stage in the country, and in the future it will take a larger piece of the communication pie. We are seeing influencers in fields like finance using podcasts and doing pretty well.

    On how brands are using augmented reality, AI, and machine learning to enhance their campaigns

    Ratnendra: Access is a challenge for augmented reality. There is a section of Times Square where such advertisements can be seen, but there is no such platform in India. Technology has to become easier to access. Most of the country stays in tier two and tier three cities. Until they can access it easily, it will not become a trend. In video creation, you do not need to involve AI or ML; you only use them for content distribution. They do play a role in determining where the TG of a campaign resides.

    On trustworthiness being an issue when one talks about digital trust

    Ratnendra: This is where branding comes into the picture. You will struggle till people trust you, especially if you are a D2C brand. You have to convince them, or you will not be able to sell.

    On LinkedIn’s efforts at content creation

    Ratnendra: LinkedIn is a professional community focused majorly on corporate intellectuals. The platform has also started paying attention to the creators. So, as it is majorly targeting people in metro and tier 1 cities, it is not likely that we see a lot of content in languages other than English. Yes, they have recently started promoting Hindi. It is exciting! The content on LinkedIn generally floats in two directions—formal or more educational. I believe, as far as the video content is concerned, it is an early stage for them. It is a promising area, but the category is limited. Success stories are popular. Business and finance stories are popular. But if you talk about the massy content, it will not get that kind of traction on LinkedIn. In fact, users on LinkedIn clearly understand it. However, during the last few months, LinkedIn has also become video-friendly. But right now it will not appeal to tier two, tier three cities.

  • Mohalla Tech appoints Udit Sharma as CRO for Sharechat, Moj and Takatak

    Mohalla Tech appoints Udit Sharma as CRO for Sharechat, Moj and Takatak

    Mumbai: Mohalla Tech has appointed Udit Sharma as chief revenue officer for its social media platforms Sharechat, Moj and Takatak. He was previously associated with Disney+ Hotstar as head of ad sales for five years.

    Sharma announced his new role on LinkedIn, where he said, “For the last 5 years – I had the front-seat view of a platform that evolved from being just another streaming player to India’s most loved entertainment provider. Disney+ Hotstar – Thanks for an amazing journey!”

    “As for my next adventure, I am super stoked to be joining Ankush Sachdeva and Ajit Varghese at ShareChat/Moj and getting the opportunity to shape the local language content revolution in India.”

    Sharma is an experienced business leader with a history of working in media, mobile payments, fintech and consumer electronics. During his career of 18 years, he has been associated with Freecharge, Zomato and Samsung Electronics among others.

    He has completed his MBA from The Tuck School of Business at Dartmouth.

  • GUEST COLUMN: OTT platforms are revamping the art of storytelling

    GUEST COLUMN: OTT platforms are revamping the art of storytelling

    Mumbai: The OTT space in India is exploding. There are a plethora of options available for people to watch online. Be it any genre, one will find something interesting to watch and enjoy. There are new titles dropping every week, all trying to catch the eye of viewers. The number of users that are warming up to the OTT bandwagon too is increasing. With the internet penetration getting better and smartphone adoption improving, more people now have access to OTT services.

    OTT players are also looking to expand their market share and vying to get the maximum time spent and visibility. All this is ensuring that viewers have a lot of options to binge. While that might be the case, the space is still getting warmed up to the idea of storytelling.

    OTT and the art of storytelling

    Storytelling is akin to painting a picture albeit with videos. It is an art that requires a lot of extensive observation and weaving into an etched story that viewers can connect and resonate with. The current explosion in the OTT space has enabled many to tap into this world and create beautiful, well-thought stories that are entertaining, educating and enlightening the audiences. However, the process is still at a very nascent stage. A very few OTT players have been able to crack this space and use storytelling to its full potential.

    As the competition in the space continues to heat up, storytelling will become even more important. Platforms that are able to master this art will be the ones that will be able to leave a lasting impression on the minds of the viewers.

    Growing popularity of regional content

    In the last couple of years, regional content has started gaining popularity amongst the masses. Earlier the regional content was only limited to the audience of that geographic area. However, with the advent of OTT platforms, this content is now widely available. Moreover, most OTT platforms are offering dubbed versions of the content that is enabling users to enjoy the same in the language of their preference. The recent success of titles such as Dark, Money Heist, Lupin, Squid Games, Crash Landing on You, “Pushpa”, “Beast”, and “KGF” are glowing examples of how content from any language and geography is able to connect with the audience.

    The content viewing behaviour has become more personalised and everyone wants to watch what they like best. Television was more about watching it with family and OTT has changed that drastically.  To cater to the evolving tastes and preferences, OTT players are revamping their strategy and getting regional and local flavours to reach out to a wider audience base. Content is truly the king and if they can come up with an interesting story then they will find suitable takers for the same.

    Data-backed decisions

    OTT platforms heavily rely on the data of consumers. There are two sides to data, the good and bad. On a positive note, the platforms have a complete picture of what content is getting consumed and the demographics of their users. They even get to know details such as which device the content is being consumed, how much time the viewers are spending on their app, at what hour of the day they are getting maximum traffic, and the drop-out point. It also provides information on what type of content keeps the users engrossed and what they are searching for. This is the bad side of the data as it impacts their social behaviour and how their personality is getting moulded. A lot of companies use this data to push their products and services.

    While data is helping OTT players in finding the most engaging content but it is also typecasting them into making the same things. Serving similar content over time may result in fatigue and viewers switching over to other platforms. Therefore, one needs to be mindful of how they are using the data and make intelligent decisions.

    Emergence of short video app

    The attention span of people is reducing. OTT players now have a very short time to hook the audience to the content. There is also increased competition that OTT content is facing from the new age short video format apps. Tik-Tok, Instagram Reels, Moj and Chingari have managed to create a space for themselves. These short video apps deliver a variety of content and have become immensely popular. These apps are now forcing the OTT players to rethink and rejig their strategy. Some OTT players are now thinking of reducing the time per episode to 25 mins from 45 minutes. Netflix is also planning to come out with a short video format to take on these apps head-on.

    In nutshell, there is no dearth of content available online. From different genres to platforms to video lengths, there is space for everyone. Viewers are also exposed to quality content from across the globe. While there are global titles and K-Dramas that are ruling the roost, even the regional content is making a big impact. In the end, it is powerful stories and engaging content that is gaining the maximum attention. There is also a wider segmentation. Not everyone will be open to consuming content about spirituality and religion. The older audiences are more likely to connect with bhakti and pravanchans but to connect with the younger lot, the platforms will need to have a fresh approach. In the past, mythology shows that are well presented and made keeping in mind the sensibilities of today’s audience have worked wonders for the OTT platform. Legend of Hanuman on Hotstar was one such show.

    Presentation is an important aspect in today’s time. Great presentation and storytelling can go a long way in winning over the audiences and garnering viewership from across age groups.

    The author is OMTV (India’s first sanatan storytelling platform) founder and MD Nitin Jai Shukla.

  • Tips Music strikes multi-year licensing deal with ShareChat and Moj

    Tips Music strikes multi-year licensing deal with ShareChat and Moj

    Mumbai: Tips Music on Tuesday announced a multi-year licensing deal with social media platform ShareChat and short video app Moj. The deal is one of the largest music deals announced this year by the company.

    The partnership will allow the 340 million active users, on both ShareChat and Moj, access to not only Tip’s latest upcoming music content but its massive catalogue of Indian music to create their own short video content using the in-app library, said the statement. 

    The robust music library offers thousands of songs in diverse Indian languages like Hindi, Bengali, Tamil, Marathi, Telugu, Malayalam, Kannada, Punjabi, Gujarati, and Bhojpuri across genres like film or non-film songs, devotional music, ghazals, and indie-pop.

    “It’s been a pleasure continuing our collaboration with ShareChat and MoJ, they are an amazing team and really have established themselves in such a short time frame, with this partnership both companies will continue to grow side by side and open possibilities for creators and users to explore their creativity,” said Tips Industries chairman and managing director Kumar Taurani.

    “Our multi-year deal with Tips Music is a key part of our strategy to be an ally of the music industry and a signal of our increasing focus on ensuring music fans have the widest library of music available on a short video platform in India to create fan-powered videos,” ShareChat and Moj senior director music partnerships Berges Y Malu. “Tips Music’s large catalog of content spreading across languages and genres provides our users with access to amazing music to create immersive social experiences. These partnerships help artists grow their audiences and break songs across India.”

  • Tata Open Maharashtra onboards ShareChat, Moj to promote tournament

    Tata Open Maharashtra onboards ShareChat, Moj to promote tournament

    Mumbai: The Tata Open Maharashtra on Tuesday announced its partnership with social media platform ShareChat and short video app Moj. The tennis tournament has started at Balewadi Stadium in Pune on 31 January and the event will go on till 6 February.   

    This partnership will allow ShareChat and Moj communities to access engaging content around the sport, with a special category titled ‘Tata Open Maharashtra’ to be created under the sports tab in ShareChat, said the statement.   

    Tata Open Maharashtra tournament director Prashant Sutar said that the partnership will aim to reach out to a much larger audience, especially millennials and Gen Z. “The tournament has always attracted the audience with the participation of top names from the world and enjoys a great viewership in India. We are delighted to have a partnership with ShareChat and Moj for creating exciting content around the tournament to engage more audience,” he added.

    The fourth edition of Tata Open Maharashtra is organised by the Maharashtra State Lawn Tennis Association. Star Sports Select channel and Disney+ Hotstar are broadcasting the tournament on its network.

    “We are delighted to partner with Tata Open Maharashtra and give ShareChat and Moj communities the opportunity to witness a prominent tennis tournament. ShareChat & Moj are the perfect platforms to revel in sports and connect with tennis fans pan India,” commented ShareChat and Moj senior director of content strategy and operations Shashank Shekhar.

  • RuPay Prime Volleyball League onboards ShareChat, Moj as content partners

    RuPay Prime Volleyball League onboards ShareChat, Moj as content partners

    Mumbai: In the lead up to the RuPay Prime Volleyball League which begins on 5 February in Kochi, social media platform ShareChat and short video app Moj have announced their association with the tournament as official content partners.

    The RuPay Prime Volleyball League will witness seven franchises from seven different cities battle it out for the trophy next month. This will include Calicut Heroes, Kochi Blue Spikers, Ahmedabad Defenders, Hyderabad Black Hawks, Chennai Blitz, Bengaluru Torpedoes and Kolkata Thunderbolts.

    ShareChat and Moj boast a reach of 32+ million and 50+ million respectively. ShareChat has a 180 million monthly active user base while Moj has over 160 million MAUs. RuPay Prime Volleyball League will work closely with the two platforms and the players as well as the teams to bring content that will catch the imagination of volleyball fans, said the statement. “The teams and players will also be creating their profiles on the two apps to engage with fans through contests and challenges,” it added.

    “We are extremely delighted to associate with RuPay Prime Volleyball League as their official content partners,” said Sharechat and Moj senior director content strategy and operations Shashank Shekhar. “Volleyball’s popularity has been increasing over the years amongst users across India and we are eager to share engaging content around the sport with our community. We are looking forward to bringing Volleyball alive on our platforms with this association.”

    Sports marketing firm Baseline Ventures is exclusively marketing the RuPay Prime Volleyball League. The global card payment network from India RuPay has come on board as the title sponsor and Fantasy games brand A23 has signed on as ‘powered by’ sponsors in a multi-year deal. EatFit and Nippon Paint are associate sponsors, while Cosco is the official partner.

    “It is imperative for us to take the RuPay Prime Volleyball League to all corners of the country. This association with ShareChat and Moj will help us share engaging content with volleyball fans and give them an opportunity to experience the League from their respective locations,” commented Baseline Ventures co-founder and MD Tuhin Mishra.

    The RuPay Prime Volleyball League will consist of 24 games that will be broadcast live and exclusive on Sony Ten 1, Sony Ten 3 (Hindi) and Sony Ten 4 (Tamil and Telugu).