ITV

Tag: Shop CJ

  • Comedy Central, Star Movies & Discovery dominate respective genres

    Comedy Central, Star Movies & Discovery dominate respective genres

    MUMBAI: Comedy Central toppled Zee Café in English entertainment genre while Star Movies emerged as the new leader in the English movies space.

    According to week 23 of BARC India, 6 Mega Cities : NCCS AB : 4+ Individuals rating, the English entertainment space observed mixed ratings while the English movies genre observed a substantial decline in its viewership data this week. 

    There was a slight change in the pecking order of the top five infotainment channels for BARC week 23 when compared to week 22 data. Animal Planet and Nat Geo Wild traded places. The latter moved up one spot forcing the latter down to the last place. The Lifestyle genre saw no shifts among the top five channels as compared to the previous week.

    English Entertainment

    Comedy Central toppled Zee Café dominating the genre with 315 Impressions (000s). Zee Café grabbed second spot with 257 Impressions (000s) followed by Star World with 163 Impressions (000s). Colors Infinity SD took the fourth place with 154 Impressions (000s) while AXN bagged the fifth spot with 120 Impressions (000s).

    English Movies

    Star Movies replaced Movies Now bagging the number one slot with 2842 Impressions (000s) followed by Movies Now at the second place with 2503 Impressions (000s). Sony Pix secured the third position with 1844 Impressions (000s). Zee Studio grabbed fourth position with 1673 Impressions (000s) and HBO took the fifth spot with 1340 Impressions (000s).

    Infotainment 

    Discovery retained top position with 4783 Impressions (000s) followed by History TV18 that also retained second position with 3813 Impressions (000s). National Geographic Channel with 3721 Impressions (000s) stood at third position while Nat Geo Wild moved up to fourth position with 2881 Impressions (000s). Animal Planet with 2709 Impressions (000s) moved down to fifth position. 

    Lifestyle

    Living Foodz held its first position in week 23 with 1623 Impressions (000s), Home Shop 18 with 750 Impressions (000s) held second spot. Fox Life with 685 Impressions (000s) followed on third spot. Shop Cj with 455 Impressions (000s) and Food Food with 422 Impressions (000s) secured fourth and fifth positions respectively. 

  • Comedy Central, Star Movies & Discovery dominate respective genres

    Comedy Central, Star Movies & Discovery dominate respective genres

    MUMBAI: Comedy Central toppled Zee Café in English entertainment genre while Star Movies emerged as the new leader in the English movies space.

    According to week 23 of BARC India, 6 Mega Cities : NCCS AB : 4+ Individuals rating, the English entertainment space observed mixed ratings while the English movies genre observed a substantial decline in its viewership data this week. 

    There was a slight change in the pecking order of the top five infotainment channels for BARC week 23 when compared to week 22 data. Animal Planet and Nat Geo Wild traded places. The latter moved up one spot forcing the latter down to the last place. The Lifestyle genre saw no shifts among the top five channels as compared to the previous week.

    English Entertainment

    Comedy Central toppled Zee Café dominating the genre with 315 Impressions (000s). Zee Café grabbed second spot with 257 Impressions (000s) followed by Star World with 163 Impressions (000s). Colors Infinity SD took the fourth place with 154 Impressions (000s) while AXN bagged the fifth spot with 120 Impressions (000s).

    English Movies

    Star Movies replaced Movies Now bagging the number one slot with 2842 Impressions (000s) followed by Movies Now at the second place with 2503 Impressions (000s). Sony Pix secured the third position with 1844 Impressions (000s). Zee Studio grabbed fourth position with 1673 Impressions (000s) and HBO took the fifth spot with 1340 Impressions (000s).

    Infotainment 

    Discovery retained top position with 4783 Impressions (000s) followed by History TV18 that also retained second position with 3813 Impressions (000s). National Geographic Channel with 3721 Impressions (000s) stood at third position while Nat Geo Wild moved up to fourth position with 2881 Impressions (000s). Animal Planet with 2709 Impressions (000s) moved down to fifth position. 

    Lifestyle

    Living Foodz held its first position in week 23 with 1623 Impressions (000s), Home Shop 18 with 750 Impressions (000s) held second spot. Fox Life with 685 Impressions (000s) followed on third spot. Shop Cj with 455 Impressions (000s) and Food Food with 422 Impressions (000s) secured fourth and fifth positions respectively. 

  • Shop CJ’s regional space initiatives for revenue boost

    Shop CJ’s regional space initiatives for revenue boost

    MUMBAI: One of the conveniences of modern times is that everything we need or want is available on our television screens and/or is just a call for a click of a button away. The market of television shopping has grown over the years. A study in 2015 stated that the cable and satellite market consists of 140 million (14 crore) households or 650 million (65 crore) people as of December, 2014. In comparison, the number of internet users was estimated at 302 million (30.2 crore).

    Even when everything is switching to mobile, the 24 hour tele-shopping channels still manage to grab a fair share of the market, albeit just a fraction in terms of sales by the eCommerce players, due to television’s humongous reach. The business was estimated to reach revenues of around Rs 5,000 crore by the closure of fiscal 2014.15.

    So far, teleshopping’s bastions were largely limited to late night teleshopping on various channels and a few pure teleshopping channels. But, there was an opportunity to service rural markets that were not being catered to by eCommerce players as yet. The Akshay Kumar – Raj Kundra led teleshopping channel Best Deal TV launched Best Deal TV especially for the Tamil market.

    Among the major players in the teleshopping space, Shop CJ (previously known as Star CJ Alive), has also rolled out regional shopping channels in Telugu and Tamil. The Telugu channel was launched about six months ago and the Tamil entity came to be about two months ago.

    In 2015, Shop CJ held 20 percent of the market share and aimed to increase market share in the future. According to Shop CJ COO Dhruva Chandrie, sales have doubled in 2016. Shop CJ had a turnover of Rs1,200 crore in 2015 Sales have already hiked by 40 percent with orders having grown 52 per cent in 2016. The Shop CJ management team had announced a target of Rs 250 crore by October 2016 from the Telangana and Andhra Pradhesh regions alone. The brand believes that it is on the way to meet the targets since the response as of now has been positive.

    Chandrie revealed that there were high expectations from the venture and around the time of India’s major festival of Diwali, there were plans to bring out a Kannada teleshopping channel as well. He further revealed that setting up a regional channel required completely new production backup facilities to be setup altogether. The production of a regional channel was to done separately in the local language. A new regional channel would cost around Rs 35-40 crores, while setting up a warehouse would cost almost the same.

    The Shop CJ teleshopping network has included regional brands like Butterfly and Preeti among others, along with other many national and international brands in its offerings. Its regional channels have products catering to regional demands and products are sourced from all over the country. Chandrie also revealed that his company was in the process of finalising deals with many television channel distributors in the region and that his network’s products are already available on major DTH and local cable operators. Since the carriage deals are still work-in-progress, Chandrie said that he was not in a position to reveal further details.

    Teleshopping’s largest selling products remain kitchen appliances, followed by IT products, cameras, saris and kurtas. “The channels are on 24×7 and have a wide viewership” said Chandrie.

    In conclusion, Chandirk said that although the channels were at a very initial, a highly nascent stage, his network believed that a higher growth in the regional markets would boost the overall growth of his company and help it gain a higher market share.

  • Shop CJ’s regional space initiatives for revenue boost

    Shop CJ’s regional space initiatives for revenue boost

    MUMBAI: One of the conveniences of modern times is that everything we need or want is available on our television screens and/or is just a call for a click of a button away. The market of television shopping has grown over the years. A study in 2015 stated that the cable and satellite market consists of 140 million (14 crore) households or 650 million (65 crore) people as of December, 2014. In comparison, the number of internet users was estimated at 302 million (30.2 crore).

    Even when everything is switching to mobile, the 24 hour tele-shopping channels still manage to grab a fair share of the market, albeit just a fraction in terms of sales by the eCommerce players, due to television’s humongous reach. The business was estimated to reach revenues of around Rs 5,000 crore by the closure of fiscal 2014.15.

    So far, teleshopping’s bastions were largely limited to late night teleshopping on various channels and a few pure teleshopping channels. But, there was an opportunity to service rural markets that were not being catered to by eCommerce players as yet. The Akshay Kumar – Raj Kundra led teleshopping channel Best Deal TV launched Best Deal TV especially for the Tamil market.

    Among the major players in the teleshopping space, Shop CJ (previously known as Star CJ Alive), has also rolled out regional shopping channels in Telugu and Tamil. The Telugu channel was launched about six months ago and the Tamil entity came to be about two months ago.

    In 2015, Shop CJ held 20 percent of the market share and aimed to increase market share in the future. According to Shop CJ COO Dhruva Chandrie, sales have doubled in 2016. Shop CJ had a turnover of Rs1,200 crore in 2015 Sales have already hiked by 40 percent with orders having grown 52 per cent in 2016. The Shop CJ management team had announced a target of Rs 250 crore by October 2016 from the Telangana and Andhra Pradhesh regions alone. The brand believes that it is on the way to meet the targets since the response as of now has been positive.

    Chandrie revealed that there were high expectations from the venture and around the time of India’s major festival of Diwali, there were plans to bring out a Kannada teleshopping channel as well. He further revealed that setting up a regional channel required completely new production backup facilities to be setup altogether. The production of a regional channel was to done separately in the local language. A new regional channel would cost around Rs 35-40 crores, while setting up a warehouse would cost almost the same.

    The Shop CJ teleshopping network has included regional brands like Butterfly and Preeti among others, along with other many national and international brands in its offerings. Its regional channels have products catering to regional demands and products are sourced from all over the country. Chandrie also revealed that his company was in the process of finalising deals with many television channel distributors in the region and that his network’s products are already available on major DTH and local cable operators. Since the carriage deals are still work-in-progress, Chandrie said that he was not in a position to reveal further details.

    Teleshopping’s largest selling products remain kitchen appliances, followed by IT products, cameras, saris and kurtas. “The channels are on 24×7 and have a wide viewership” said Chandrie.

    In conclusion, Chandirk said that although the channels were at a very initial, a highly nascent stage, his network believed that a higher growth in the regional markets would boost the overall growth of his company and help it gain a higher market share.

  • Not sacked, going back to handle different responsibilities: Kenny Shin

    Not sacked, going back to handle different responsibilities: Kenny Shin

    MUMBAI: The Home shopping business in India which has major players Home Shop 18, Shop CJ, Den – Snapdeal, Naptol and the latest entry Best Deal TV, was rattled by reports of two senior officials of Shop CJ Network moving. There were rumours of CEO Kenny Shin and CFO Ramakrishnan N being sacked by the top management. 

    “Not sacked, just going back to handle different responsibilities” says Shin in an exclusive interaction with Indiantelevision.com. “We have performed better than we expected and hence sacking for underperformance is beyond question,” he adds.

    “Rs 850 crore was our estimate and we have had sales of Rs 900 crore which shows we over performed. We re-branded ourselves, we transformed from Star CJ to Shop CJ, launched two regional channels. So it has been an action packed year for us,” explains Shin.

    A few months ago, in an interview with Indiantelevision.com, Shin had shared a different number for sales estimates. He had said, “We are poised to cross Rs 1,200 crore turnover this year, recording a 40 per cent growth over sales of Rs 850 crore achieved in the last calendar year. Our channel reaches to more than 6.5 crore households in India and currently caters to about 40 per cent of the market.”

    Costs incurred by the company have also gone up significantly this year. As per information from a source close to the development, Shop CJ spent around Rs 70 crore last year (2014 – 15) which skyrocketed this year. “We were looking at spends of Rs 200 crore from the very beginning, as I told you earlier, we were looking ahead at this year to garner maximum reach and sales and hence higher spends were done to have better marketing and distribution,” asserts Shin.

    What about the CFO Ramakrishnan N? Has he also been moved to take on other responsibilities? “No!” exclaims Shin. “He has two daughters and a family in Bengaluru, and since the past one year he has been traveling a lot to and fro, which was getting difficult for him. So he decided to step down as the CFO and will now move back in with his family. He has done a wonderful job as the CFO and we wish him best of luck,” Shin adds.

    “I am headed back to Korea by this month end and it was a great four year journey in India” Shin concludes.

    Meanwhile the network has announced SR Yoon as the new CEO of Shop CJ India to replace Kenny Shin, and in an official letter to its employees mentioned it is looking for a new CFO.

  • Not sacked, going back to handle different responsibilities: Kenny Shin

    Not sacked, going back to handle different responsibilities: Kenny Shin

    MUMBAI: The Home shopping business in India which has major players Home Shop 18, Shop CJ, Den – Snapdeal, Naptol and the latest entry Best Deal TV, was rattled by reports of two senior officials of Shop CJ Network moving. There were rumours of CEO Kenny Shin and CFO Ramakrishnan N being sacked by the top management. 

    “Not sacked, just going back to handle different responsibilities” says Shin in an exclusive interaction with Indiantelevision.com. “We have performed better than we expected and hence sacking for underperformance is beyond question,” he adds.

    “Rs 850 crore was our estimate and we have had sales of Rs 900 crore which shows we over performed. We re-branded ourselves, we transformed from Star CJ to Shop CJ, launched two regional channels. So it has been an action packed year for us,” explains Shin.

    A few months ago, in an interview with Indiantelevision.com, Shin had shared a different number for sales estimates. He had said, “We are poised to cross Rs 1,200 crore turnover this year, recording a 40 per cent growth over sales of Rs 850 crore achieved in the last calendar year. Our channel reaches to more than 6.5 crore households in India and currently caters to about 40 per cent of the market.”

    Costs incurred by the company have also gone up significantly this year. As per information from a source close to the development, Shop CJ spent around Rs 70 crore last year (2014 – 15) which skyrocketed this year. “We were looking at spends of Rs 200 crore from the very beginning, as I told you earlier, we were looking ahead at this year to garner maximum reach and sales and hence higher spends were done to have better marketing and distribution,” asserts Shin.

    What about the CFO Ramakrishnan N? Has he also been moved to take on other responsibilities? “No!” exclaims Shin. “He has two daughters and a family in Bengaluru, and since the past one year he has been traveling a lot to and fro, which was getting difficult for him. So he decided to step down as the CFO and will now move back in with his family. He has done a wonderful job as the CFO and we wish him best of luck,” Shin adds.

    “I am headed back to Korea by this month end and it was a great four year journey in India” Shin concludes.

    Meanwhile the network has announced SR Yoon as the new CEO of Shop CJ India to replace Kenny Shin, and in an official letter to its employees mentioned it is looking for a new CFO.

  • Top-level changes at Shop CJ; CEO Kenny Shin to head back to Korea

    Top-level changes at Shop CJ; CEO Kenny Shin to head back to Korea

    MUMBAI: Home shopping ain’t an easy business. Definitely not in India. Ask Shop CJ CEO Kenny Shin. The South Korean is slated to catch a flight back to his home country very soon after serving four years and one month at the joint venture between the South Korean home shopping major CJ O Shopping and P5 Asia Holding Investments (Mauritius) Ltd (which belongs to the Providence Equity Partners group). 

    Shin calls his movement back to South Korea a routine transfer. “This is something which happens  with our South Korean parent,” he told indiantelevision.com late on the night of 11 March. “We are rotated around in our various operations world wide.”

    A source, however, had informed indiantelevision.com earlier in the day that Shin was actually shown the door by the company’s board. Along with him, the company CFO Ramakrishnan N was also asked to quit.

    “After reviewing last year’s performance during its board meeting today, the company has decided to sack two senior officials for having a non-performing year,” the source told us. “Its performance has fallen 32 per cent compared to last year.”

    However, Shin repeatedly denied that anyone was being booted out. “It is a routine transfer, that is all it is. No decision has been taken about our CFO as yet,” he stated. “We will be issuing an official statement tomorrow.”

    Indiantelevision.com, however,  managed to get hold of the official communication circulated to Shop CJ employees which has something else to say:  “Mr. N. Ramakrishnan (Ram) has decided to step down as CFO of the Company to pursue other interests. While as CFO, Ram helped the Company establish effective financial systems and controls, and we thank him for his leadership and contribution to the Company, and wish him the best in his future endeavors. The Board has initiated a search to fill the role of CFO for ShopCJ. The changes above are effective immediately.”

    Shin joined the company in February 2012, from CJ O Shopping, the Korean conglomerate, where he was in a key leadership role, having been with the company since 2002.

    Company officials, however, reached out to indiantelevision.com once again in late May 2016 insisting that there was no sacking at all in March. A senior official stated that Ramakrishnan’s departure was entirely his decision and Shin’s return to South Korea was simply routine in the larger scheme of CJ O Shopping’s management initiatives.

    Shop CJ was earlier a joint venture between CJ and broadcast giant Star India. The latter moved out of the partnership and from the home shopping business and in 2015 the channel was re-branded as Shop CJ.

    (Earlier posted on 11 March 2016 at 7:43; updated at 11:50 pm; updated on 31 May 2016 at 12:43 am)

  • Top-level changes at Shop CJ; CEO Kenny Shin to head back to Korea

    Top-level changes at Shop CJ; CEO Kenny Shin to head back to Korea

    MUMBAI: Home shopping ain’t an easy business. Definitely not in India. Ask Shop CJ CEO Kenny Shin. The South Korean is slated to catch a flight back to his home country very soon after serving four years and one month at the joint venture between the South Korean home shopping major CJ O Shopping and P5 Asia Holding Investments (Mauritius) Ltd (which belongs to the Providence Equity Partners group). 

    Shin calls his movement back to South Korea a routine transfer. “This is something which happens  with our South Korean parent,” he told indiantelevision.com late on the night of 11 March. “We are rotated around in our various operations world wide.”

    A source, however, had informed indiantelevision.com earlier in the day that Shin was actually shown the door by the company’s board. Along with him, the company CFO Ramakrishnan N was also asked to quit.

    “After reviewing last year’s performance during its board meeting today, the company has decided to sack two senior officials for having a non-performing year,” the source told us. “Its performance has fallen 32 per cent compared to last year.”

    However, Shin repeatedly denied that anyone was being booted out. “It is a routine transfer, that is all it is. No decision has been taken about our CFO as yet,” he stated. “We will be issuing an official statement tomorrow.”

    Indiantelevision.com, however,  managed to get hold of the official communication circulated to Shop CJ employees which has something else to say:  “Mr. N. Ramakrishnan (Ram) has decided to step down as CFO of the Company to pursue other interests. While as CFO, Ram helped the Company establish effective financial systems and controls, and we thank him for his leadership and contribution to the Company, and wish him the best in his future endeavors. The Board has initiated a search to fill the role of CFO for ShopCJ. The changes above are effective immediately.”

    Shin joined the company in February 2012, from CJ O Shopping, the Korean conglomerate, where he was in a key leadership role, having been with the company since 2002.

    Company officials, however, reached out to indiantelevision.com once again in late May 2016 insisting that there was no sacking at all in March. A senior official stated that Ramakrishnan’s departure was entirely his decision and Shin’s return to South Korea was simply routine in the larger scheme of CJ O Shopping’s management initiatives.

    Shop CJ was earlier a joint venture between CJ and broadcast giant Star India. The latter moved out of the partnership and from the home shopping business and in 2015 the channel was re-branded as Shop CJ.

    (Earlier posted on 11 March 2016 at 7:43; updated at 11:50 pm; updated on 31 May 2016 at 12:43 am)

  • Shop CJ has been launched in Tamil Nadu as Shop CJ Tamil

    Shop CJ has been launched in Tamil Nadu as Shop CJ Tamil

    MUMBAI: Shop CJ Network has been launched in Tamil Nadu as Shop CJ-Tamil, on a 24X7 home shopping channel in Tamil Nadu.

    Shop CJ Tamil will offer tailored content for the audience including exclusive offers on popular regional brands like Butterfly India and Preethi.

    In India, Shop CJ says that it reaches over 8.5 crore households currently. Several leading brands such as United Colours of Benetton, Thomas Cook, Samsung, Electrolux, Prestige, Reebok, Maharaja, Puma and Intex are associated with Shop CJ.

    Shop CJ CEO Kenny Shin said, “We are pleased to expand further via the fourth home shopping channel in such a short span of time. The Tamil channel will not only enhance our customer base, but will also offer a great platform for regional brands to expand their penetration. Our strategy is to build on the principle of bringing great choices with quality assurance, at the doorstep of our viewers”.

    Shop CJ network CFO N. Ramakrishnan said, “The home shopping market is growing in India and Shop CJ is poised to cross Rs 1200 crores gross merchandise value this year, recording a 40 percent growth over its gross merchandise value  of Rs 850 crores last fiscal. We are confident that the Tamil channel will be one of the major contributors to our revenue growth.”

    Unveiling Shop CJ-Tamil, actress Trisha Krishnan said, “I am thrilled to be launching the foray of Asia’s No. 1 home shopping network in the Tamil region. People from Tamil Nadu will now have access to world class shopping experience from the convenience of their home with a connect and comfort of our own language.”

    Commenting on the Tamil Nadu expansion, Shop CJ chief operating officer Dhruva Chandrie said, “Television shopping helps customers appreciate the features and benefits of the products and coupled with amazing offers makes better and trendier living affordable. Shop CJ will bring a range of products that are tried, tested and well researched to match local preferences. Shop CJ-Tamil will strengthen its presence in India and we are expecting to generate Rs. 500 crores GMV from Tamil Nadu in the next couple of years.”

  • Shop CJ has been launched in Tamil Nadu as Shop CJ Tamil

    Shop CJ has been launched in Tamil Nadu as Shop CJ Tamil

    MUMBAI: Shop CJ Network has been launched in Tamil Nadu as Shop CJ-Tamil, on a 24X7 home shopping channel in Tamil Nadu.

    Shop CJ Tamil will offer tailored content for the audience including exclusive offers on popular regional brands like Butterfly India and Preethi.

    In India, Shop CJ says that it reaches over 8.5 crore households currently. Several leading brands such as United Colours of Benetton, Thomas Cook, Samsung, Electrolux, Prestige, Reebok, Maharaja, Puma and Intex are associated with Shop CJ.

    Shop CJ CEO Kenny Shin said, “We are pleased to expand further via the fourth home shopping channel in such a short span of time. The Tamil channel will not only enhance our customer base, but will also offer a great platform for regional brands to expand their penetration. Our strategy is to build on the principle of bringing great choices with quality assurance, at the doorstep of our viewers”.

    Shop CJ network CFO N. Ramakrishnan said, “The home shopping market is growing in India and Shop CJ is poised to cross Rs 1200 crores gross merchandise value this year, recording a 40 percent growth over its gross merchandise value  of Rs 850 crores last fiscal. We are confident that the Tamil channel will be one of the major contributors to our revenue growth.”

    Unveiling Shop CJ-Tamil, actress Trisha Krishnan said, “I am thrilled to be launching the foray of Asia’s No. 1 home shopping network in the Tamil region. People from Tamil Nadu will now have access to world class shopping experience from the convenience of their home with a connect and comfort of our own language.”

    Commenting on the Tamil Nadu expansion, Shop CJ chief operating officer Dhruva Chandrie said, “Television shopping helps customers appreciate the features and benefits of the products and coupled with amazing offers makes better and trendier living affordable. Shop CJ will bring a range of products that are tried, tested and well researched to match local preferences. Shop CJ-Tamil will strengthen its presence in India and we are expecting to generate Rs. 500 crores GMV from Tamil Nadu in the next couple of years.”