Tag: Vivek Malhotra

  • AI to transform marketing strategies, not its core – Vikram Sakhuja

    AI to transform marketing strategies, not its core – Vikram Sakhuja

    MUMBAI: Artificial intelligence (AI) has gone from being a buzzword to an indispensable tool, revolutionising industries across the globe.

    At the 19 India Digital Summit, Madison Media & OOH at Madison World group CEO Vikram Sakhuja shared his views on how AI is transforming marketing strategies without disrupting its core principles. Spoiler alert: marketing fundamentals are safe, but the methods? They’re getting an AI upgrade!

    Sakhuja made it clear that while AI is rewriting the “how” of marketing, the “why” and “what” remain rooted in human understanding.  “The core principles of marketing will largely remain unchanged. What will evolve and transform are the methods of marketing,” he said during a thought-provoking session hosted by India Today Group consumer revenue group CMO & COO, Vivek Malhotra.

    Malhotra posed the billion-dollar question: Can publishers leverage AI-driven algorithms to help the ad industry scale to $1 trillion? Sakhuja’s reply was simple: AI’s learning thrives on data. “You can’t just write an algorithm; it’s the data fed into the system that enables learning and improvement over time,” he noted, adding that companies like Google are refining AI engines to optimise media spends through better data.

    Can AI foster human connection? The answer is a surprising yes.

    Are algorithms too mechanical to form meaningful consumer bonds? Not according to Sakhuja.  “AI can create a deep connection. For instance, when Meta launches a trailer, the number of shares it gets is a real-time pulse check,” he explained. AI helps broadcasters and advertisers bypass traditional targeting and focus on consumers who actually engage.

    And the examples don’t stop there. Think about Cadbury’s Diwali campaign, where Shah Rukh Khan’s virtual presence personalised messages for neighbourhood stores. That’s AI delivering local charm on a national scale.

    Sakhuja dismissed the notion that AI is the sole domain of new-age brands. “Of course, legacy brands can embrace AI,” he said. He highlighted how even routine tasks like food delivery via Swiggy or Zomato rely on AI, demonstrating its seamless integration into daily life.

    The takeaway? Age doesn’t matter if you’re willing to innovate.

    But wait, what about data validation? With great data comes great responsibility.
    Sakhuja cautioned about the dangers of bad data—what he called the “garbage in, garbage out” problem. Feeding unvalidated data into AI can lead to “hallucinations” (no, not the psychedelic kind) where outputs are wildly off-mark.

    The solution? “Validation checks are crucial to ensure accuracy and prevent biases. The key is balancing AI’s capabilities with human oversight,” Sakhuja advised, adding that ethical use and privacy concerns need to stay top of mind.

    Three ways AI supercharges marketing:

    1    Precision targeting: AI identifies who’s engaging and how, skipping old-school guesswork.

    2    Customised experiences: From localised campaigns to dynamic messaging, AI personalises at scale.

    3    Smart scaling: Brands like Cadbury use AI to connect with millions while keeping it personal.

    Final thought: Will AI replace humans? Not likely. Sakhuja pointed out that AI is a tool, not a replacement. “Human judgment remains critical. Over-reliance on AI could erode the creativity and ethics that define good marketing,” he concluded.

    So how will your brand embrace the AI wave without losing its human touch?

  • India Affiliate Summit edition 10 concludes on a high note

    India Affiliate Summit edition 10 concludes on a high note

    Mumbai: The tenth edition of the India Affiliate Summit (IAS), organised by the Internet and Mobile Association of India (IAMAI) was concluded on 8 November. The two-day summit brought together leading marketers, industry experts, and innovators, creating a dynamic forum to explore the latest trends and strategies in performance marketing. The conference featured an expansive expo floor, engaging agenda of keynotes, masterclasses, panel discussions, and networking sessions, providing invaluable insights into the future of the industry.

    The summit commenced with an insightful keynote session by vCommission CEO Parul Bhargava, on ‘Future Trends: Shifting Paradigms of Affiliate Partnerships’. She highlighted the transformative shifts underway in affiliate marketing and the need for brands to adapt to these evolving dynamics. She stated, “Our industry is at a pivotal juncture where embracing change is not only essential but urgent. On the advertiser side, the pillars of transparency, compliance, clean media, and long-term engagement have become fundamental. For affiliates, the focus lies in achieving stability and campaign sustainability.”

    A highlight of the event was the panel discussion on ‘Winning Touchpoints: Less Clicks, More Sales’, featuring insights from Adani Group joint president and chief digital officer Nitin Sethi. Sethi emphasised the importance of precision, personalization through analytics, micro-conversations, mobile voice search, and A/B testing frameworks in today’s competitive market. “In today’s landscape, out of every 100 consumers, about 90 tend to bounce back on the first page. At each stage of the funnel, drop-off rates close to 70-80 percent are common. Even with significant investment to bring in 1,000 customers, conversion rates average only 10-15 percent, which is the industry’s best,” he said.

    NP Digital founder Neil Patel, in a fireside chat on AI, opined, “When you think about your KPIs and business goals, start by asking how AI can help you achieve them. Many marketers run ads, but when AI is used alongside human creativity, it creates a powerful combination. AI can analyze data in real time, helping optimize content and ad strategies on the go. Personally, AI has been instrumental in scaling my content. The next big trend I see coming to social media is live selling it’s already huge in China but hasn’t yet taken off globally. I believe it’s going to generate significant revenue in the near future.”

    India Today CMO Vivek Malhotra while moderating the panel discussion on ‘The Modern Data Stack: Revolutionising Customer Insights and Marketing Agility’, remarked, “In the past 12 months alone, we have collectively gathered more customer consent than in many previous years combined. I believe the key to unlocking future opportunities lies within this consent, empowering us to build more personalized and impactful customer experiences.”

    Indian Express Digital CEO Sanjay Sindhwani commented, “In the media industry, if we look back five years, data largely rested with intermediaries, and we didn’t focus on it as much. Over the last five years, however, we’ve witnessed a tremendous shift. Media now has massive reach and relevance to advertisers, who increasingly seek more definitive, targeted insights. As subscriptions grow, the intersection of technology and marketing becomes even more critical in shaping this data-driven landscape.”

    HDFC Bank SVP Deepak Oram said, “The modern data stack today essentially unifies a brand’s data, encompassing behavioural insights and predictive information. What many tend to overlook, however, is the importance of third-party data and the concept of data reflexes. While it’s relatively easy to hire data engineers in the industry, what’s truly lacking are data reflexes, the ability to quickly and effectively respond to data insights for real-time decision-making.”

    In a panel discussion on ‘Bridging Online and Offline: The Impact of Programmatic Advertising on Consumer Behaviour’, Uniqlo India head of marketing Nidhi Rastogi said, ‘We strategically leverage data from our e-commerce platform to gain insights on order origins, guiding our decisions on store locations and optimizing our product assortment for each market. This data-driven approach is integral to our expansion and product mix strategies. Additionally, programmatic advertising has been highly effective in precisely reaching our target audiences.

    More than 50 stalwarts from the digital marketing ecosystem addressed over 15 engrossing sessions over two days. Over 6500 industry professionals and around 50 exhibitors participated in the summit. Some of the major partners supporting IAS 2024 are vCommission, Valueleaf, Flickstree, Optiminastic, and Seventynine Digital.

  • OTT originals growing significantly in regional languages: Sanjay Jaju at IDS 2024

    OTT originals growing significantly in regional languages: Sanjay Jaju at IDS 2024

    Mumbai: OTT platforms are growing significantly in various regional languages across India. Ministry of information and broadcasting, government of India secretary Sanjay Jaju indicated this in his keynote address at India Digital Summit (IDS) 2024, in Mumbai. He pointed out that there were over 60 OTT platforms in India out which 30 per cent OTT Originals were operating in regional languages. The number is expected to go up to 50 per cent this year.

    Jaju also said that the media and entertainment sector was a huge sector and played a pivotal role in the Indian economy. “It’s been growing phenomenally at a rate of 20 per cent and is approximately Rs 2 Lakh Crore. In that, the digital media segment is the second largest sub-segment, and has been showing a growth of approximately 30 per cent — around Rs. 60,000 Crores — and the film segment has a 25 per cent growth rate,” he said. Sharing data, he added that over 200 films were released on the digital platforms in the last year, including 75 films which were released directly on the digital platform without a theatrical release.

    Regarding the growth of the digital gaming industry, Jaju said, “The online gaming industry has been growing by 34 per cent and animation and VFX have close to around 30 percent growth rate, expected to become a $2 billion industry by 2025.”  

    Jaju also announced some new initiatives that the government is taking to provide a boost to the media and entertainment sector in India. These include the setting up of a National Centre of Excellence in Maharashtra to create world class media talent and an incentive scheme to attract international projects. He pointed out that, this would help the industry undertake a lot of co-production treaties with multiple countries and create a number of audiovisual co-productions.

    India Today Group CMO & COO Vivek Malhotra consumer revenue moderated the session.

    IDS 2024 is being organised by IAMAI in partnership with the ministry of electronics and information technology (MeitY), the ministry of information and broadcasting (MIB), the union ministry of tourism, UIDAI, Indian Cybercrime Coordination Centre (I4C), Government eMarketplace, in-space and skill India digital. The Summit is co-powered by Peak XV and WhistleFEED, and brought to you by META.

    Other IDS partners include Aaj Tak, Affle, Agrahyah Technologies, Air India Express, AiSensy, Albatross Media, Asianet News, Atmegame, Australia Trade & Investment Commission, Bharat BillPay, BillDesk, Builder.ai, Careers360, Chalo, Dataeye Asia, DigiBoxx, Ethinos, Fi Money, HERE India, indixital, Infinity Learn, Infobip, Interactive Avenues, ixigo, Jagran New Media, JOJO, Lionsgate, Liqvd Asia, MakeMyTrip, MapmyIndia, Markscan, Neokred, PhonePe, PhysicsWallah, PivotRoots – A Havas Company, Razorpay, Shiprocket, Sinch, Times Internet, Transport Corporation of India, True Balance, ValueFirst, and Zupee.

  • IDS 2024: First-Party Data in a Cookieless World: The Future of Targeting and Measuring

    IDS 2024: First-Party Data in a Cookieless World: The Future of Targeting and Measuring

    Mumbai: The 18th India Digital Summit, hosted by IAMAI, delved into the intricate world of advertising and the martech industry, amidst the evolving landscape of data privacy regulations. Held at the Jio Convention Centre in BKC on 27 February 2024, the event brought together industry leaders to discuss the paradigm shift towards first-party data utilisation in a cookieless environment.

    Moderated by Vivek Malhotra from India Today Group, the panel comprised distinguished experts: Arnad Fraude from Nielsen, Shuvadip Banerjee representing ITC Ltd., Mohit Kumar of Havas Media Network India, and Shashank Srivastava from Maruti Suzuki India. Their insights shed light on navigating the challenges and opportunities presented by the changing digital ecosystem.

    In recent years, concerns over data privacy and the impending demise of third-party cookies have prompted a reevaluation of digital marketing strategies. The focus has shifted towards harnessing first-party data, which is collected directly from consumers through interactions with owned digital platforms. This transition heralds a more personalised and ethical approach to targeting and measuring campaign effectiveness.

    Fraude emphasised the importance of leveraging first-party data to gain deeper insights into consumer behavior while respecting their privacy. He highlighted the need for transparent data practices and emphasized the role of consent in data collection.

    Banerjee shared insights from ITC Ltd.’s journey towards building a robust first-party data infrastructure. He stressed the significance of data quality over quantity and advocated for investing in data analytics capabilities to derive actionable insights.

    Joshi said the role of creativity and innovation in crafting narratives that resonate with consumers in a cookieless world. He also said the need for collaboration between creative and data teams to deliver personalized experiences at scale.

    Srivastava provided perspectives from the automotive industry, highlighting the challenges of targeting niche audiences in a cookieless environment. He told that the importance of data partnerships and ecosystem integration in delivering seamless customer experiences across channels.

    Overall, the session underscored the pivotal role of first-party data in driving effective digital marketing strategies amidst evolving privacy regulations. As the industry adapts to a cookieless future, organizations must prioritize transparency, consent, and data stewardship to build trust and deliver value to consumers. 

  • India Today, Jagran New Media & Meta to lead IAMAI’s Digital Advertising Council

    India Today, Jagran New Media & Meta to lead IAMAI’s Digital Advertising Council

    Mumbai: India Today Group CMO Vivek Malhotra has been elected the new chairperson of the Digital Advertising Council (DAC), which functions under the aegis of Internet and Mobile Association of India (IAMAI). Jagran New Media CEO Bharat Gupta and Meta director and head – ad business Arun Srinivas have been appointed co-chairs of the DAC.

    The Digital Advertising Council (DAC) under IAMAI is a strong voice in the advertising ecosystem. With over 110 active members including agencies, publishers, affiliates, adtech and martech companies, DAC engages with more than 500 brands, 250 agencies and 100 publishers through various conferences, roundtables, and offsites.

    DAC is working with digital advertising stakeholders towards the goal of the growth of the digital advertising sector and is committed to delivering value. In the last 18 years of its existence, it has helped the industry grow from a one per cent of the total advertising spends in the country to approximately between 30-34 per cent today. Of the many things it engages in, one of the most prominent processes it has set up, is the Billing and Payment Recovery process (BNPP), which helps IAMAI publishers and agencies alike to be paid on time.

    The new leadership team will play a pivotal role in guiding DAC and its digital advertising stakeholders to work towards the goal of the growth of the digital advertising sector. Along with this they will also be overseeing and supporting the three Task Force Groups viz. Unified Standard Measurement, Cookieless Future and Affiliate Best Practices. Additionally, they will continue to interact regularly with the Ministry of Information & Broadcasting, ensuring that the interests and concerns of the digital advertising community are effectively represented in regulatory discussions and decision-making processes.

  • Mruci strengthens India leadership; appoints S Sinha & S Gupta as new members on the board

    Mruci strengthens India leadership; appoints S Sinha & S Gupta as new members on the board

    Mumbai: Media Research Users Council India (Mruci) held its 28th annual general meeting (AGM) on Tuesday via video conferencing.

    Mediabrands CEO – India Shashidhar Sinha and Jagran Prakashan director Shailesh Gupta will continue in their respective roles as chairman and vice chairman of Mruci. 

    The leadership duo was unanimously re-elected at Mruci’s board meeting, which was held shortly after its AGM.

    Maruti Suzuki India’s senior executive director of marketing & sales Shashank Srivastava and TV Today Network group chief marketing officer & COO of consumer revenue Vivek Malhotra have also been added to the board of governors as new members.

    Speaking of his appointment, Sinha stated, “With Covid behind us and the industry back to normal, we should hopefully start work on the new IRS shortly.”

    Adding to this, Gupta commented, “These are interesting times for research. With markets and businesses returning to normalcy, research will play a huge role in enabling business decisions. Mruci is well poised to enter the next phase of research, which will be increasingly powered by better use of technology that will power business, media, and marketing decisions.”

  • MRUC India appoints Vivek Malhotra as additional director

    MRUC India appoints Vivek Malhotra as additional director

    Mumbai: India Today group chief marketing officer Vivek Malhotra has been sworn as additional director of Media Research Users Council (MRUC) India board. MRUC India is a not-for-profit industry body that produces research studies such as the Indian Readership Survey (IRS).

    Malhotra earlier served as a technical committee member on IRS published by MRUC which is considered the largest continuous readership research study in the world. He is a part of the technical committee of the News Broadcasting Association (NBA), an industry body representing the leading national broadcasters, and also the technical committee of TV audience measurement agency Broadcast Audience Research Council (Barc) India.

    Malhotra is a media veteran who has led the marketing and strategic planning divisions across print, television, and digital properties of India’s pioneering media entities. He has been associated with India Today Group since April 2016. Previously, he had stints with BloombergUTV, Star News, and CNBC TV18.

    MRUC India membership comprises broadcasters, publishers, agencies, advertisers and research universities with 150 members in total.

  • TV Today Network observes top level changes

    TV Today Network observes top level changes

    MUMBAI: One of the leading broadcast networks, TV Today Network, is seeing some top level restructuring. As part of the changes, Rahul Kumar Shaw has been instated as the chief revenue officer (CRO) for TV Today Network. He was earlier the CRO of India Today TV and business head radio. Shaw will oversee ad sales and all revenue opportunities across the Hindi cluster which includes channels like Aaj Tak, DAT and Tez. He will also look after India Today TV and the network’s radio business.

    public://Rajnish-Rikhy_2.jpg

    This information came to Indian Television.com at the time when chief revenue officer of the Hindi channels (Aaj Tak, Delhi Aaj Tak and Tej) cluster Rajnish Rikhy has stepped down from his post. Rikhy was promoted as CRO from the network’s senior VP Ad Sales and business head last month. “TV Today Network is a respectful brand and the company is well poised. There is no reason behind my exit. I just want to pursue other career opportunities”, says Rikhy.

    Prior to joining TV Today Network, Rikhy served at BCCL New Delhi as vice president(R).

     

    public://manoj sharma.jpg

    Under the new structure, India Today Group business head Manoj Sharma, has been promoted to publishing director for Living Media. In his role, he will be responsible for addressing revenue maximisation, driving cost efficiencies and building brand salience. Merged entity magazines like India Today English, Hindi and its supplements, Business Today, Robb Report, Reader’s Digest, etc., will be under Sharma’s ambit.

     

    public://vivekmalhotra.jpg

    Vivek Malhotra has been elevated to the position of chief marketing officer from VP marketing. He will oversee the marketing functions across the network’s TV channels, merged entity publications and digital. Understanding and growing on the needs of the viewers will be Malhotra’s key responsibility.

    With this change, Vishwalok Nath will take on greater revenue responsibilities in the India Today Group as head of strategic alliances, business development and syndication. He will focus towards greater monetisation opportunities for the group.

     

    Shaw and Malhotra will continue to report to TV Today Network CEO Ashish Bagga

  • TV Today Network observes top level changes

    TV Today Network observes top level changes

    MUMBAI: One of the leading broadcast networks, TV Today Network, is seeing some top level restructuring. As part of the changes, Rahul Kumar Shaw has been instated as the chief revenue officer (CRO) for TV Today Network. He was earlier the CRO of India Today TV and business head radio. Shaw will oversee ad sales and all revenue opportunities across the Hindi cluster which includes channels like Aaj Tak, DAT and Tez. He will also look after India Today TV and the network’s radio business.

    public://Rajnish-Rikhy_2.jpg

    This information came to Indian Television.com at the time when chief revenue officer of the Hindi channels (Aaj Tak, Delhi Aaj Tak and Tej) cluster Rajnish Rikhy has stepped down from his post. Rikhy was promoted as CRO from the network’s senior VP Ad Sales and business head last month. “TV Today Network is a respectful brand and the company is well poised. There is no reason behind my exit. I just want to pursue other career opportunities”, says Rikhy.

    Prior to joining TV Today Network, Rikhy served at BCCL New Delhi as vice president(R).

     

    public://manoj sharma.jpg

    Under the new structure, India Today Group business head Manoj Sharma, has been promoted to publishing director for Living Media. In his role, he will be responsible for addressing revenue maximisation, driving cost efficiencies and building brand salience. Merged entity magazines like India Today English, Hindi and its supplements, Business Today, Robb Report, Reader’s Digest, etc., will be under Sharma’s ambit.

     

    public://vivekmalhotra.jpg

    Vivek Malhotra has been elevated to the position of chief marketing officer from VP marketing. He will oversee the marketing functions across the network’s TV channels, merged entity publications and digital. Understanding and growing on the needs of the viewers will be Malhotra’s key responsibility.

    With this change, Vishwalok Nath will take on greater revenue responsibilities in the India Today Group as head of strategic alliances, business development and syndication. He will focus towards greater monetisation opportunities for the group.

     

    Shaw and Malhotra will continue to report to TV Today Network CEO Ashish Bagga

  • And now a 3D mobile game for Colors’ 24

    And now a 3D mobile game for Colors’ 24

    MUMBAI: It has been three weeks since Indian audiences have been introduced to a new fictional TV format in the form of real time story telling through the first international adaptation of the American hit 24. With a 360 degree marketing campaign – almost like that used for full length feature films – to help create the buzz around the series, host channel Colors has decided to perk it up by throwing in a sparkling digital ingredient for viewers.

     

    And it’s coming in the form of a 3D interactive mobile game for iOS and Android phones. Developed by Gameshashtra Solutions, it is targeted at those who want to have the thrill of playing Jai Sing Rathor (Anil Kapoor) – the main protagonist of the show – while on the go. Called ‘Safari Storme 24-The Game, it is available for download only in India. It will allow gamers to go through three maps of Worli, Dadar and Parel with 30 levels of two minutes each. As of now only the Worli route is available while the other two will be launched in the coming weeks.The first map of Worli is a rooftop setting.

     

    Four and a half months went into creating the 3D game. Fans will keep going through levels, scoring points, winning ammunition and then checking scores with others on the ‘leader board’ through their Facebook or Twitter accounts.
    India has a great potential to become a destination for film shooting but the current system of multiple clearances at various levels make it an unattractive destination for filming, says Manish Tewari

     

    “The three locations in the game are also there in the series,” says Colors digital head Vivek Malhotra. “We kept the game in the spirit of the show by taking the concept ‘race against time’ rather than the political drama in it,” he adds.

     

    Explaining the game technique Malhotra says that players have two ways of surviving – hit and survive or duck and survive. As the game levels progress, the enemies come in hordes and ammunition also stacks up.

     

    Coming up with a 3D game has probably cost sack fulls of money, apart from what has already been invested in the expensive show. But the channel seems to not be too worried about it.

     

    “For the first season it is not about making money,” says Malhotra who is aiming at getting 1 million downloads for the free game. However, advertisements will be inserted into the game that would give them some amount of revenue.

     

    24 is Colors biggest fiction property created by Anil Kapoor Productions and RDB. Delly Belly director Abhinay Deo is the series director while Rensil D’Silva is the scriptwriter.

     

    The show is presented by Safari Storme while Next is one of the associate sponsors. The launch day saw it garner 3.4 million viewers with most of it coming from the urban areas while the second week saw it get an average of 2.6 million viewers.

     

    “Television executives in India are increasingly understanding that you can take a TV show into other experiences for viewers. Look at KBC which has a game which allows fans to test their general knowledge skills online and on the mobile. And now Colors has developed a 24 game which will allow youngsters and old alike to shoot, and kill while rising up in levels,” says a media observer. “The fact that it is primarily for the mobile will bring in a lot of fans who will play the game when they have a few minutes to spare, whether in the bus or the train or in between meetings. It’s a great move. Hopefully, some of the gamers who are not viewers of the series will be lured to watch it after playing the game.”

     

    Another media observer says that there is little hope of 24 ever becoming a massy series along the lines of soaps and dramas. “It’s great to flog the horse, but the horse only has that many backers,” says she. “Colors has gambled with 24 and it is to be lauded for the effort especially in terms of taking TV production and narrative to a different level. But it should bear in mind that 24 is going to be a niche affair for some time. So it should not expect too many incremental gains from the game as well.”