Tag: Prashant Pandey

  • Fortune calls for transparency with #SirfDaamNahiGramBhiDekho campaign

    Fortune calls for transparency with #SirfDaamNahiGramBhiDekho campaign

    Mumbai: Fortune, an edible oil and food brand, has launched the ‘#SirfDaamNahiGramBhiDekho’ campaign to raise awareness about some brands selling less than one litre (910 gm) of oil in a pack, only mentioning the weight but not the volume.

    This practice started after the government permitted non-standard edible oil packaging in 2022. While legal, it could mislead consumers into buying smaller quantities while assuming the pack holds one litre. For instance, some soybean oil brands sell packs of around 850 gm, which may appear similar to a 910 gm or one-litre pack. Fortune clearly displays both the weight (910 gm) and volume (one litre) on its packaging.

    A Kantar study shows only 15 per cent of consumers check oil weight when purchasing, often assuming packs hold 1 litre (910 gm) based on appearance. Additionally, 95 per cent of respondents believed oil pack weights range between 900 and 1000 gm, regardless of whether they check the grammage.

    Fortune Edible Oils group product manager Prashant Pandey said, “While cooking in our kitchens, we measure oil by volume, be it through the usage of spoons or ladles or the depth of oil in a kadhai while deep frying. It is misleading to mention only the grammage and not the volume of oil on a particular pack.”

    Fortune is stepping forward to highlight the non-disclosure of volume by certain oil brands on packs that look similar to one-litre packs. “You do not expect consumers to do a volume-weight calculation for edible oil when buying a product. We believe in full disclosure of both volume and weight of our edible oils and expect all brands to do so to help consumers make an informed decision. Not only weight, but there have also been concerns around the quality of edible oils. Our brand follows more than 100 stringent quality checks before a product reaches to the market,” Pandey added.

    Head of media & digital Jignesh Shah said, “Reaching and informing a wide base of consumers is increasingly challenging in today’s fragmented media landscape. To maximize our reach, we are utilizing TV, print, digital platforms, social media along with influencers. We also call on the media fraternity to support us in driving broader awareness and ensuring the success of this campaign.”

    With the festive season driving higher demand for edible oils, Fortune urges consumers to check the fine print on packaging to make informed choices. From Navratri and Diwali to Christmas and the wedding season, there will be a surge in festive cooking across India. Failing to check the details could lead consumers to realise later that they’ve been buying less oil for more money.

    Fortune’s commitment to transparency through clear labelling has earned consumer trust and recognition from Kantar. The brand continues to deliver high-quality products, reinforcing its position as a leader in the edible oil industry.

  • ET Now Swadesh announces ‘Swarna Mahakumbh’ initiative

    ET Now Swadesh announces ‘Swarna Mahakumbh’ initiative

    Mumbai: Marking the auspicious occasion of Akshaya Tritiya, ET NOW Swadesh, the leading Hindi Business News Channel, announces ‘Swarna Mahakumbh’, a first-of-its-kind initiative empowering viewers on gold investments. Airing on 10 May from 4pm – 7pm, the three-hour mega initiative, will feature 22 renowned industry experts and analysts engaging in dynamic discussions, offering their insights on various types of gold investments including gold exchange-traded fund (ETF), gold funds, gold bonds, gold derivatives, and methods and precautions of gold jewellery investments.

    Led by ET Now and ET Now Swadesh editor-in-chief Nikunj Dalmia along with a team of seasoned financial and business journalists including anchor & senior news analyst Vishwamohan Kumar, news editor Abhishek Satya Vratam, anchor, senior news editor Kavita Thapliyal, anchor, news analyst Srishti Sharma and seputy news editor Prashant Pandey.

    ‘Swarna Mahakumbh’ initiative entails the following segments:

    Is It The Right Time To Invest In Gold? (4pm – 5pm): This segment focuses on the rationale of investing in gold & its returns, analysing the current industry rates of gold. Panellists include industry leaders like Suvankar Sen (MD, Senco Gold & Diamonds), Vikram Dhawan (head of commodities & fund manager, Nippon India Mutual Fund), Jay Prakash Gupta (founder, Dhan and  o-founder, Raise Financial Services), Harshal Barot (senior consultant, Metals Focus Limited), Kishore Narne (director, Motilal Oswal Financial Services Ltd) and Kirit Bhansali (vice chairman, Gem Jewellery Export Promotion Council (GJEPC).

    Gold Investment Option (5pm – 5:30pm): This segment delves into intricacies of investment vehicles such as Gold bonds, Gold ETFs, digital Gold, physical Gold, and Gold Mutual Funds, offering valuable insights into each avenue’s potential and considerations. Esteemed panellists include Saiyam Mehra (chairman, All India Gem & Jewellery Domestic Council). Dr.Renisha Chainani (head of research, Augmont), Mahendra Luniya (chairman, Vighnaharta Gold Ltd), Harshal Barot (senior consultant, Metals Focus Ltd), Manoj Kumar Jha (MD, Kamakhya Jewels Pvt Ltd),

    The ABCD Of Gold Jewellery Shopping (5:30pm – 6:00pm): Featuring industry experts, this comprehensive segment is dedicated to all facets of jewellery investment. From navigating the options for investing in physical gold to essential tips and pitfalls to avoid, this session with panellists Saiyam Mehra (chairman, All India Gem & Jewellery Domestic Council), Ashish Pethe (partner, Waman Hari Pethe), Sabyasachi Ray (ED, Gem Jewellery Export Promotion Council) and Rajesh Rokde, (vice chairman, All India Gem & Jewellery Domestic Council) will serve as an invaluable guide for anyone considering a gold purchase.

    Gold F&O Classroom (6:00pm – 6:30pm): Step into the Gold F&O Classroom for a master class on navigating the intricacies of trading in gold Futures and Options (F&O) and the process of delivery through exchange. Panellists Shivanshu Mehta (Director, India International Bullion Exchange IFSC Ltd and Bullion Head, MCX), Anuj Gupta (Head of Commodities Research, HDFC Securities), Bhargava Vaidya (Proprietor, B.N. Vaidya & Associates) and Sunil Katke (Head Commodities Retail Business, Kotak Securities) will offer valuable insights on the gold derivatives market, to elevate the gold trading journey of viewers.

    Viewers Queries on Gold (6:30pm – 7:00pm): This interactive Q&A segment will empower discerning viewers of all ages and professions get simplified answers to their queries on the various avenues of gold investments. Panellists Ajay Kedia (founder, director of Kedia Advisory), Vandana Bharti (AVP, Commodity Research, SMC Global Securities Ltd), Anand Gupta (Haripriya Jewellers) and Ravindra Rao (commodity expert) will provide expert insights and guidance.

     

  • Yatin Mehrishi appointed as CEO of Mirchi, ENIL

    Yatin Mehrishi appointed as CEO of Mirchi, ENIL

    Mumbai: Entertainment Network India’s (ENIL) Mirchi, one of India’s largest city-centric music and entertainment companies, has strengthened its leadership position as it has announced the appointment of Yatish Mehrishi as its CEO.

    Prashant Pandey, who was previously managing director & CEO of Mirchi, ENIL, will continue his role and duties as managing director.

    Mehrishi will be spearheading the company’s performance across all dimensions and will continue to ensure Mirchi remains the audience’s go-to destination for all things music and entertainment.

    He is a seasoned professional with over 23 years of experience across diverse sectors spanning FMCG, telecom, and fashion, having worked with organisations like Pepsico, Motorola, and Arvind Fashions, which was his previous stint as chief revenue officer.

    Having worked with ENIL earlier for 11 years as chief operating officer, he brings with him a rich experience and a strong understanding of the radio, media & entertainment industry.

    Commenting on Mehrishi’s appointment, BCCL managing director Vineet Jain said, “Over the past 20 years, Mirchi has evolved into a multi-platform, multi-format brand that has a presence across FM, live, and digital realms. In line with Mirchi’s new transformational journey, I am confident that Yatish’s return to ENIL will help accelerate our journey of being a digital-first brand.”

    Commenting on his new role, Mehrishi said, “I am super excited to be back with ENIL. For years, Mirchi has been the consumers’ go-to for music and entertainment, dominating the audio industry, and now, with its new app, Mirchi Plus, it is set to redefine the audio entertainment industry further. With the recent shift in consumer behaviour towards digital, I am looking forward to championing Mirchi’s digital journey and replicating our radio journey’s success.”

  • A Boost to #PlayABiggerGame with Virat

    MUMBAI: Boost, one of GSK’s leading brands in the Health Food Drinks category, has launched a three-part digital video campaign with the youth icon Virat Kohli. With this campaign, the brand intends to take its theme of ‘Play A Bigger Game’ beyond an inspiring message to actually providing kids with an opportunity to prepare to ‘Play A Bigger Game’ by learning it from Virat himself.

    The video features Virat Kohli preparing a young kid to play a bigger game in his own unique style. This is one of first set of long form branded digital series created exclusively for kids. The videos are about how Virat coaches a young kid in his own unique & unconventional ways & helps him prepare to #playabiggergame. Boost plans to drive over 10Mn+ views for the #playabiggergame campaign by promoting it across popular digital platforms of YouTube, Facebook & Gaming Apps.

    GSK Consumer Healthcare EVP marketing Prashant Pandey said, “Boost’s energy proposition has been evolving with the times and made to come alive through a great mix of innovative and experience-driven marketing. Last year we had launched a new communication platform called ‘Play A Bigger Game’, in line with the brand purpose of ‘Unleashing the winner in you (kids)’. This platform has worked brilliantly for us in terms of connecting with the core TG of 8-12-year-old kids leading to the best-ever business results. We feel that the platform is so powerful that it can transcend across touch-points to connect with kids across multiple touch-points that are of interest to them.”

    He further added, “Through our integrated approach module, our creative agency JWT came up with an idea that takes the leverages the platform of Play A Bigger Game to actually help kids prepare to Play A Bigger Game. Hence, we decided to launch the first ever branded digital series with Virat Kohli to engage with kids. The digital trilogy showcases how Virat coaches a young kid in his own unique ways & helps him prepare to Play A Bigger Game.”

    He also said, “as part of the campaign, Boost is also calling out kids to share their videos of practice & WIN a chance to train with Virat himself. This is one of the biggest digital campaigns in GSK CH India that aims to connect with consumers through a medium (digital) & genre (long form digital video) that provides the strongest scope of engagement with them. We are confident that this will help in a big way in strengthening the love for Boost amongst kids.”

    Kohli said, “Right since I was a kid, Boost, led by stalwarts like Kapil Dev, Sachin, MS Dhoni, has always been a brand that has inspired kids to unleash the winner in themselves. I have been associated with Boost for over 4 years now & elated that the baton is with me now to continue this journey of inspiring kids to unleash the winner in themselves. The new campaign of #playabiggergame aims to take this journey forward by helping kids on how to prepare for playing big & winning big.”

    Link to the three-part digital video series-

    Part-1: #playabiggergame
    Part 2: #playabiggergame
    Part 3: #playabiggergame

  • GSK’s new campaign for refurbished Horlicks

    GSK’s new campaign for refurbished Horlicks

    NEW DELHI: GSK Consumer Healthcare (GSK) has re-launched its health food drink Horlicks with 2X Immuno Nutrients. The new and improved Horlicks is enriched with immunity supporting micro-nutrients that support the body’s natural defence mechanism says the company. A new campaign will be supported by an extensive 360 degree campaign.

    A TVC by JWT themed “Baandho nahi bachpan ko” which showcases how strong immunity is the foundation of growth’ will be establishing the thought of “Andar se strong, bahar se growth”, Horlicks urges mothers to let children live an unshackled childhood by making them strong inside. Media buying is by Mindshare.

    Talking about the new product, GSK head of Marketing for Nutritional & Digestive Health Prashant Pandey said, “Science forms the core of our product portfolio that ensures we are relevant all the times and are able to address the nutritional needs of consumers. The new and improved Horlicks now has 2X Immuno Nutrients scientifically proven to support immunity to help the body’s natural defense system and further strengthen our leadership in the HFD category. Research has shown that low immunity can obstruct the overall growth in children leading to hindrances in day-to-day activities including everyday attendance in school. We are happy to be addressing these issues that are critical to the mental & physical growth of children thereby committing to our product proposition of making child strong from inside so that they grow taller, stronger and sharper.”

    GSK also markets and distributes a range of everyday health products such as Eno, Crocin, Iodex and Sensodyne. It claims that its marketing and distribution network comprises over 700 distributors and a direct coverage of over 8 lakh retail outlets.

  • GSK’s new campaign for refurbished Horlicks

    GSK’s new campaign for refurbished Horlicks

    NEW DELHI: GSK Consumer Healthcare (GSK) has re-launched its health food drink Horlicks with 2X Immuno Nutrients. The new and improved Horlicks is enriched with immunity supporting micro-nutrients that support the body’s natural defence mechanism says the company. A new campaign will be supported by an extensive 360 degree campaign.

    A TVC by JWT themed “Baandho nahi bachpan ko” which showcases how strong immunity is the foundation of growth’ will be establishing the thought of “Andar se strong, bahar se growth”, Horlicks urges mothers to let children live an unshackled childhood by making them strong inside. Media buying is by Mindshare.

    Talking about the new product, GSK head of Marketing for Nutritional & Digestive Health Prashant Pandey said, “Science forms the core of our product portfolio that ensures we are relevant all the times and are able to address the nutritional needs of consumers. The new and improved Horlicks now has 2X Immuno Nutrients scientifically proven to support immunity to help the body’s natural defense system and further strengthen our leadership in the HFD category. Research has shown that low immunity can obstruct the overall growth in children leading to hindrances in day-to-day activities including everyday attendance in school. We are happy to be addressing these issues that are critical to the mental & physical growth of children thereby committing to our product proposition of making child strong from inside so that they grow taller, stronger and sharper.”

    GSK also markets and distributes a range of everyday health products such as Eno, Crocin, Iodex and Sensodyne. It claims that its marketing and distribution network comprises over 700 distributors and a direct coverage of over 8 lakh retail outlets.

  • ENIL elevates Prashant Pandey as MD & CEO

    ENIL elevates Prashant Pandey as MD & CEO

    MUMBAI: Entertainment Network India Limited (ENIL) has elevated Prashant Pandey to managing director and CEO with immediate effect. Erstwhile the executive director and CEO, Pandey is one of the most illustrious names in bringing in the radio revolution in India and strengthening Radio Mirchi’s presence both nationally and internationally.

     

    In the new role, Pandey will continue to spearhead the team in maintaining Radio Mirchi’s leadership position in the country.

     

    An engineering graduate in Electronics & Communications and IIM Bangalore graduate, Pandey has been associated with the company since August 2000. Over the past 14 years Pandey has been able to take Radio Mirchi to an enviable position with revenues of Rs 385 crore and a PAT of Rs 84 crore in the 2013-14. Pandey has a total of 24 years of experience in industries ranging from advertising, banking, FMCG & Media. Prior to Radio Mirchi, he has worked with Citibank, Pepsi, HUL, Mudra, Modi Revlon. His areas of strength include marketing and sales, analytics and strategy and people management. He also served as a member of the Ministry of I&B committee on fighting piracy. He is a speaker at various industry forums.

     

    Pandey said, “It feels good to be recognised by the board.  I’m lucky to have the best team in the media industry working alongside as colleagues. I’ve always believed that the best of radio is still to come and the next five years will be a fabulous ride for anyone seeking professional success.”

  • BARC could consider different ratings frequencies for different genres

    BARC could consider different ratings frequencies for different genres

    MUMBAI: The long tail gets an unfair deal – be it in television viewership ratings, print media readership surveys or radio audience research.  The long tail, in marketing, refers to the large number of products and services that are not consumed by the masses, like niche television channels and specialised publications.

     

    The small number of television channels or print publications that are consumed on a large scale always get more than their fair share in the audience or readership measurement systems.

     

    This was the general consensus at a panel discussion on “Measurement Miasma, TVTs, Readerships, Clicks and Such: The Great Love/Hate Epic” on the concluding day of the FICCI Frames 2014 on Friday.

     

    Not all measurement currencies can have the same frequencies, said Provocateur Advisory Principal Paritosh Joshi, who anchored the discussion. The results of measurement currencies are just data points.

     

    The need for different frequencies for measurement currencies was felt as different products have different consumption patterns.

     

    This prompted Entertainment Network India’s  Executive Director & CEO Prashant Panday suggest that the Broadcast Audience Research Council (BARC) consider different frequencies for different genres of television channels.

     

    Broadcast Audience Research Council CEO Partho Dasgupta responded by saying that BARC may look at having different frequencies for different genres.

     

    So, when BARC launches its television ratings service towards the end of 2014, we could see only the ratings for larger genres like the general entertainment channels (GECs) being released on a weekly basis and for the niche television channels less frequently.

     

    “We are trying to go beyond” (what the TAM Media Research provides). We will have different kinds of products and different slices,” elaborated Dasgupta.

     

    HDFC Life Sr Executive VP Sanjay Tripathy said there was a problem with TAM ratings because the sample size was not appropriate.

     

    He said research may not always give the right results and the advertisers need to tell the broadcasters that the measurement data is just a reference point.

     

    Pandey told the audience that they had two researches on radio audience in Delhi and the audience size put out by the two researches was hugely divergent. One research said the audience in Delhi is forty lakh and the other said it is over one crore.

     

    He said in television, 95 per cent of the channels are small and not captured correctly and that advertisers should be demanding better currencies.

     

    Google India  Director, Agency Business, Punitha Arumugam said there is a need for external validation of the result of any measurement currency.

     

    The discussion veered around the futility of validating the process of a measurement currency and that the validation should be of the result of the measurement currency. The result of a measurement currency should be explainable with external data.

     

    One of the panelists said when BARC issues its first ratings, and Star Plus, the undisputed number one channel under the current ratings currency, does not turn out to be the number one, there could be criticism of the ratings results. Star which is a member of BARC may decide  to disagree.

     

    HDFC Life’s Tripathy said advertisers need some data to justicy. “We spend so much.”

     

    In early days of television there was just Doordarshan and then came Zee. It was easy to choose the channel to advertise on. Today there are more than 200 channels.

     

    Tripathy said, “Media habits have now fragmented. We will have to chop… We will try to reach the target audience in the cheapest way.”

     

    There is also the issue of who will invest in a measurement system that will give the best measurement results. Partho said the cost of a television currency is mainly split between the broadcasters and advertisers.

     

    The need for a measurement currency is felt by everyone in the entire value chain across television, print and radio. Everyone in the value chains need to share the costs of robust measurement systems.

  • It’s exciting time for IRS: Ravi Rao

    It’s exciting time for IRS: Ravi Rao

    MUMBAI: Media Research Users Council (MRUC) at its Annual General Meeting has elected GroupM’s flagship agency, Mindshare Leader South Asia Ravi Rao as the new Chairman for 2013-14.

    On his new role, Rao said, “It is a great honour to drive the MRUC agenda collectively with some of the top professionals from the advertising, media and marketing fraternity. It is exciting times with the new avatar of IRS in the offering by end of this year.”

    ENIL (Radio Mirchi) CEO Prashant Pandey has taken over the new vice chairman’s role from Rao.

    Three new members from the publishers’ category have also been inducted into the 24-member Board of Governors. They are: HT Media executive director Benoy Roy Chowdhury; The Hindu CEO Arun Anant and Bombay Samachar director of Gujarati daily Hormusji N Cama.

  • Content differentiation key for FM radio business

    Content differentiation key for FM radio business

    MUMBAI: Radio has the potential to grow at a compounded rate of 30-35 per cent over the next 10 years. “In India, radio has the potential to become a 13 per cent medium. Currently, its share is just 3 per cent while the world averages 7-8 per cent,” said Radio Mirchi deputy CEO Prashant Pandey while speaking at the India Radio Forum 2006 here today.

    Several issues, however, need to be addressed, Pandey pointed out. “Spectrum needs to be freed, infrastructure needs to be set up. Radio operators must be given the permission to operate multiple frequencies in a city. Music royalty has to be settled. The government should also open AM for privatization too,” he added.

    Speakers at the Forum agreed that FM radio stations had to fix a differentiation strategy. “FM radio has to strive for differentiation while targeting an aggregated mass of listeners. In India it is difficult to carry out a segmentation by genre or even, perhaps, by era,” said Radio One CEO Rajesh Tahil.”

    Red FM COO Abraham Thomas stressed on difference in the delivery and advertising revenue should not be the only support, but to look for alternative revenue stream. Being aware that music is the only content available amongst the operators, thus bringing a differentiation in content is a task.

    Lintas Media Group chief strategy officer Raj Gupta pointed out that, 22 per cent of products advertised cater to youth. This accounts for 59 per cent of total adverting.

    He also said, 61.2 per cent of the population is below the age group of 30, and hence, the youth constitutes the main audience segment for any medium. “The Youth reach and spend more time on radio and hence, radio holds a lot of potential for the advertisers in terms of youth appeal. Radio has moved from background to foreground and has become relevant to the youth,” opined Gupta.

    Gupta also threw light on commodised content. “This has led to undifferentiated content and similar audiences,” he said.

    The session was moderated by Banyan Tree chief managing director Anish Trivedi.