Archive | September, 2009

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Coke – Most valuable brand in the world (Source: Business Week and Interbrand)

Posted on 21 September 2009 by BMMBoxer

Coca-Cola may be 123 years old, but the brand’s journey is far from over. Coke has been ranked as No. 1 in the study of the most valuable brands in the world. Coke’ brand value is listed at $68.7 billion, up by 3 percent from last year. The brand has been maintaining its rank since the inception of the study in 2001. IBM, Microsoft, General Electric and Nokia followed Coke.

Top Brands

1. Coca-Cola $68.7 billion
2. IBM $60.2 billion
3. Microsoft $56.6 billion
4. GE $47.8 billion
5. Nokia $34.9 billion
6. McDonald’s $32.3 billion
7. Google $32.0 billion
8. Toyota $31.3 billion
9. Intel $30.6 billion
10. Disney $28.5 billion

The overall value of the world’s Top 100 marks witnessed a decrease, according to the study. The world’s foremost brands in value are now worth $1.15 trillion, down by $55.5 billion, a decrease of more than 4 percent.

The study also highlighted the effect of recession on the financial sector as HSBC, Citi Group fell in their rankings, while Merill Lynch, American International Group and ING dropped off the rankings.

Google, Amazon and Spain’s Zara remained amongst the biggest gainers in brand equity in 2009.

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Advertising Standards Council of India (ASCI) – Revamped

Posted on 21 September 2009 by BMMBoxer

Advertising Standards Council of India (ASCI), the self regulatory voluntary organization of the Indian advertising industry has revamped the council with the addition of new members and the appointment of the new chairman. ASCI has appointed Professor Dhananjay Keskar, director – IBS (a Business Management School) as the chairman of the board of ASCI. Earlier, Madhukar Kamat, MD and chief executive officer of Mudra Group served as the chairman.

Regarding the various changes in the council, Kamat said, “ASCI’s renewed focus is to increase awareness about its role and its Code amongst two key audiences – general public, and advertisers and marketers. The Council has taken many large strides in this direction during the recent past. During the last financial year ASCI added 47 new members, taking members tally to over 300 for the very first time. ASCI will soon release a mass-media campaign to make the general public aware of its role in society.”

The new board also comprises of Rajiv Dube, president (passenger car business unit) – Tata Motors, as vice-chairman, and Vikram Sakhuja, chief operating officer-South Asia – Group M Media India, as the honorary treasurer.

The new members who have been added in the council are:

Advertisers

• Narendra Ambwani (Johnson & Johnson)
• Shantanu Khosla (Procter & Gamble Hygiene & Health Care)
• Gopal Vittal (Hindustan Unilever)

Media:

• Bhaskar Das (Bennett Coleman & Co)
• Vikram Kaushik (Tata Sky )
• G. Krishnan (TV Today)
• Venkat (Eenadu)

Advtg. Agencies:

• Madhukar Kamath (Mudra Communications)
• Arvind Sharma (Leo Burnett)
• Srinivasan Swamy (RK Swamy BBDO)

Allied Professions:

• Dilip Cherian (Perfect Relations)
• Pranesh Misra (Brandscapes Consultancy P Ltd)
• Partha Rakshit (The Nielsen Company)

The new board announced by ASCI will be effective from September 18, 2009.

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Vijender Singh to host action sport reality TV show, The Contender

Posted on 21 September 2009 by BMMBoxer

The Olympic bronze medalist and second ranked boxer in the world, Vijender Singh, will now be seen on the small screen. He will be hosting the Indian version of the action sport reality show. Percept Picture Company and Bulldog Media & Entertainment will be co-producing the show. The reality show will focus on a group of boxers who will be competing against each other in a single elimination style. The show will also highlight the contestant’s journey throughout the show.

Bulldog Entertainment vice chairman and managing director Akash Sharma said, “At Bulldog, it has been our constant endeavor to bring the highest quality formats of international programs to India. Reality Television has long since arrived in India and is here to stay. The Contender is a rage around the world and we are planning to create an even bigger success here in India. This is our first initiative in co-production, and re-associating with Mark Burnett again this time for The Contender merely affirms our conviction to provide the Indian audience with only those shows, which will make them, anticipate more fun, action, healthy competition and drama in each episode.”

Percept joint managing director Shailendra Singh added, “The venture with Bulldog is another first. We are confident that our relationship with them will grow from mutual strength and reach its goal of offering the finest in action sports and entertainment to the Indian audiences. With Vijendra Singh as ambassador, we are confident that Indian audience would get a taste of the Real Action Hero.”

The world class boxer seems to be more than happy about his association with the game beyond the boxing ring.

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Raj Nayak re-elected as IAA’s President

Posted on 19 September 2009 by BMMBoxer

NDTV Media CEO Raj Nayak has been re-elected, for a second term as the president of the India Chapter of the International Advertising Association (IAA) at its Annual General Meeting on September 16, 2009.

The new managing committee includes Reliance Industries Ltd president – brand strategy & marketing communication Kaushik Roy as VP; Lintas Media chairperson and CEO Lynn de Souza as Honorary Secretary; Jaya Advertising director Jaydeep Gandhi as Honorary Treasurer.

The other members of the managing committee are Madison Communications chairman and MD Sam Balsara, Canco Advertising founder Ramesh Narayan, Draftfcb + Ulka executive director and CEO Mumbai MG Parmeshwaran, RK SWAMY BBDO chairman and MD Srinivasan; Star News VP and head of revenue India Avinash Pandey; and as special invitee, Business India MD Pheroza Bilimoria.

Immediate past President Pradeep Guha continues as an ex-officio member of the committee.

IAA is a global network of over 4,000 members through 56 Chapters in 76 countries which champions marketing communications as a force for growth in all free market societies. It believes that advertising revenues ensure an independent, pluralistic, affordable media with competing channels of information for consumers, which are the foundation of democracy itself.

The highlight of the AGM was the presence of a founder member, Roger CB Pereira.

The India Chapter was incorporated in July 1991 to constitute a local Chapter of the global body. The India Chapter has a membership of 169 professionals representing marketing, advertising and the media. The India Chapter also has Young Professional membership for the Next Gen.
Source: Indiantelevision.com

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HUL signs one day exclusive deal with Star Network

Posted on 19 September 2009 by BMMBoxer

HUL blocked the entire Star Network on Sept 17, 2009 as a part of its roadblock campaign for HUL products. The HUL brands that were featured throughout the day were Lifebuoy followed by Dove, Ponds and Fair & Lovely.

Srikanth Srinivasamadhavan, general manager, media services, Hindustan Unilever Ltd, says, “Through this roadblock, we will reach more than 100 million viewers in India at the same time throughout the day. We hope to bring stronger engagement with consumers through this innovation.”

“The first time this was done as a network roadblock was in 2007, when Hutch changed to Vodafone. We are confident that this roadblock with HUL brands, primarily Lifebuoy, will create as huge an impression in the minds of the customers as it did for Vodafone,” said Mr Kevin Vaz, EVP – Advertising and Sales, STAR India.

Kevin Vaz, executive vice-president, advertising and sales, STAR India, says, “We are confident that this roadblock with HUL brands, primarily Lifebuoy, will create as huge an impression in the minds of the customers as it did for Vodafone, cutting across C&S households and delivering high reach.”

The Star Network comprises of STAR Plus, STAR One, STAR Gold, STAR Utsav, STAR Movies, STAR World, Channel [v], STAR Jalsha, STAR Pravah and STAR Vijay. All these channels cater to different audience and with such a strategy HUL surely intends to capture them more than ever.

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Firms logging into networking sites to connect with customers

Posted on 19 September 2009 by BMMBoxer

Bangalore: Diwakar Kaushik, 25, is an active tweeter, putting out short messages on everything from the weather in Gurgaon, where he resides, to cricket on the microblogging site Twitter.

Last Thursday, the management student tweeted, “Trying to decide between a Lenovo or an Acer laptop.”

Soon, and much to his surprise, he had a reply from the Chinese computer maker’s India arm, Lenovo India Pvt. Ltd. “I only expected some users to respond,” he said.

Lenovo got in touch with Kaushik, asked him for his specifications, gave him suggestions on various computer models and a list of authorized dealers from whom he could purchase the laptop. “Lenovo helped with the (purchase) decision,” said Kaushik who bought a Lenovo G450 laptop two days after the company reached out to him.

Lenovo India went on social media’s newest and least understood avatar, Twitter, in end-July.

Members on the networking site communicate through messages shorter than 140 characters—a concept that has become a rage globally and continues to grow as users find new applications for it.

“Our expectation was only to listen to customers,” said K. Ramakrishnan, country manager, marketing, at Lenovo India.
In less than two months, the company has generated enquiries and translated some of them into sales, for both individuals and bulk buyers.

Several Indian companies are advertising and closely tracking themselves on social media on the Internet—all the content generated on a gamut of blogs, online video and photo sharing sites, social networking sites and even on the online encyclopaedia Wikipedia. Few have been effective.

Unlike Lenovo, whose social media strategy is to listen to potential customers, many companies treat the Internet as yet another channel to plug their products. Often, they launch television or print advertising campaigns and blare them via YouTube, Facebook and Twitter.

“They have failure written all over,” says Gaurav Mishra, chief executive of Delhi-based social media research and strategy company Twenty Twenty WebTech Pvt. Ltd. “There’s no conversation. It’s an advertising campaign.”

Mishra thinks such approaches fail because social media users are not looking for advertising and see through the sloganeering.
“Social media is not a one-way traffic,” said Shashank Srivastava, chief general manager, marketing, at Maruti Suzuki India Ltd.

India’s largest car maker was one of the early adopters of social media two years back, riding blogs, YouTube and Flickr, but is still evolving its strategy to start having conversations rather than just send advertising messages.

“I’m not satisfied at all,” says Srivastava. He thinks Indian companies on social media are far behind global peers such as Virgin Group LtdVirgin Radio or German car maker Audi AG.
Driving an engaging conversation is far from easy.

The Indian arm of microchip maker Freescale Semiconductor Inc. went on Twitter last month to promote its technology forum held earlier in September in Bangalore. Now that the event is over, “We are figuring out how to keep the conversation alive,” said a spokeswoman for Freescale, who cannot be named because of the company’s policy.

“Presence on social media has become a hygiene factor,” said Unny Radhakrishnan, national director digital at Maxus, a media agency of British advertising and media firm WPP Plc.
He sees more brands embracing social media than there were 6-12 months back. “Everyone wants to see what to do with this animal.”

And those that are already there are changing tack.
Fastrack, a brand of watches and sunglasses from Titan Industries Ltd, started communities on Facebook and Twitter in October 2007. Managing those communities was ousourced till April but the brand decided to bring the job in-house so it could respond in real time, improve efficiency and reduce cost.
“If somebody writes: my watch stopped working in two days. You need to be real time,” said Anshul Nanda, assistant brand manager, Fastrack.

Travel portal Cleartrip sees great value in dealing with customer requests and complaints over social media.
“Servicing a customer over social media is cheaper than over phone,” said Hrush Bhatt, founder and director (product and strategy), Cleartrip.

And surely instantaneous, customer-oriented tweeting does make a difference to brand perception.
“From the kind of replies I got I can tell it is not a robot,” said Kaushik who bought the Lenovo laptop. “They were human replies. That gives me faith in the company.”

Poornima Mohandas
(Source: www.livemint.com)

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ESPN awaiting Champions Trophy, Champions League T20 for higher ad revenues

Posted on 19 September 2009 by BMMBoxer

ESPN Star, the sports broadcaster is eagerly waiting for the Champions Trophy and the Champions League T20. The two cricket events are supposedly going to make a remarkable difference in its ad revenues. The channel is expecting total advertising revenue of about Rs 500 crore.

Advertisers like Maruti Suzuki India, Samsung, Bajaj Auto, Sony and MIRC Electronics have already signed up with channel and also booked their respective slots.

ESPN Software India Managing R C Venkateish declined to comment but said most of the advertisers and sponsors have “shared the enthusiasm of the company. We have already sold out 80 per cent of the inventory for Champions Trophy and there will be 160 ad spots of 30 seconds each in the entire tournament,” he said.

The tournament is viewed across 180 countries and accounts for a very high viewership. The Champions Trophy which begins on September 22 and ends on October 5 has ad slots charging around Rs 2 lakh for ten seconds.

Advertisers are surely in this league to win their consumers…

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Royal Challengers Bangalore in search of Chief Blogger

Posted on 19 September 2009 by BMMBoxer

Royal Challengers Bangalore (RCB), the IPL team owned by business tycoon Vijay Mallya is currently looking for a chief blogger, a chief photographer and a chief RCB fan for the upcoming Airtel Twenty20 Champions League.

The current blog on the Royal Challengers website is only utilized for updating members about the game related info. The blog will be replaced as soon as a chief blogger is appointed. The job opening for the same will feature on the site so that all the interested candidates could apply for it. The officials are looking at the blog as an interactive tool between the game and its fans. Nidhi Makhija, community manager also added, “We are interested in seeing how the community shapes the website during the Champions League. Fan participation and response will definitely have a large influence on the future of the website. We aim to grow and evolve with the needs of the community,”

The team has also come up with Royal Challengers Fanatic Fans Challenge, where three RCB fans will get the privilege of travelling with the RCB Team as the official RCB staff and also get preferred access to RCB matches during the upcoming Champions League.

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