Q3
MANTRA:
Smarter Operations, Better Results
Nobody really doubts the Indian media growth
story. And the recently announced Q3 (Oct-Dec) results for the fiscal
year 2010 reiterated the flexibility that the companies in this sector
have once faced with a certain degree of pressure. Third quarter last
year was an exceptional quarter, when the slowdown in the advertising
markets and the increased cost base resulted in lower advertising revenues,
while profits declined by 20 per cent to 80 per cent. This year, improved
macroeconomic conditions have resulted in better ad inventory offtakes.
Advertisement growths in regional media platforms continue to outgrow
national media counterparts and domestic subscription revenues are consistently
going upwards for broadcasters. However, what has really come forth is
the effective cost control measures by the companies resulting in more
than expected margins. “The view that media companies operate on
a fixed cost basis, has been proven wrong consistently,” noted an
analyst.
10 lessons for marketers from @AnandMahindra
Did you know “Advertising comes from advetere:
to draw attention to [literally to turn towards]”. I didn’t.
I just happened to read it online a moment ago. This set me thinking on
how dramatically the rules of engaging consumers have changed in the digital
decade.
But why do marketers find engaging consumers online so difficult?
Advertising legend S R Mani Ayer (1935-2010), who was also the former Managing Director & CEO of Ogilvy & Mather India, passed away earlier today. It is understood that Ayer was ailing for the past few days. He is survived by his wife, daughter and a son.more...
Percept Media, the media planning, evaluation and buying arm of Percept Ltd, has been assigned the task of planning and executing Lovely Professional University’s media campaign following a fiercely competed pitch.more...
Chennai-based Raj Television Network has strengthened its flagship channel Raj TV’s programme offering with the launch of new primetime shows in order give a boost to its viewership. The newly introduced shows, which vary from reality shows to mythological serials, talent hunt shows and soaps, went on air from February 1, 2010.more...
If your heart skipped a beat thinking where you were when the Indian advertising industry became Rs 55,000 crore, relax – some of the latest industry studies still put the current industry size at much less than half that number. It is only when we see the account sizes suggested for some of the businesses like government initiatives or PSUs or educational institutions or other such not-heard-of-much accounts, one gets the impression that that is where the Indian ad industry size would have reached by now.more...
Joel Multimedia Pvt Ltd, a Mumbai-based media planning and buying agency, has bagged the media planning and buying duties of ADF Foods, formerly known as American Dry Fruits. The size of the account is in the range of Rs 5-7 crore. JWT handles the creative duties of ADF foods.more...
With IPL3 around the corner, Quasar is gearing for this tournament and one of its primary agendas for 2010 is to maintain its leadership position. Manish Vij, Group Co-founder, Quasar, shares more on the online media agency’s growth plans with exchange4media.more...
Business news channel NDTV Profit’s special event team is back after a comprehensive coverage of Davos Summit and is now giving final touches to preparations of this year’s Budget coverage. For the first time, the resources of NDTV Profit and NDTV 24×7 are being combined to give an uninterrupted and in-depth analysis of the Railway as well as Union Budgets.more...
While the media industry believes that planning takes you where you want to be, it is not so in the case of Mahesh Motwani, Vice President, LMG. Every twist and turn has been written more by a creative scriptwriter than by a media planner. The GenNext Media Magnate is chosen by a committee comprising the exchange4media editorial team in consultation with Raj Nayak.more...
Posterscope India, the OOH company from the Aegis Media Group, has come out with an innovative OOH campaign for the launch of Future Group’s Home Town, said to be the biggest home improvement retail format in India.more...
Use of sales promotional ad campaigns in print went up by 8 per cent in 2009, as compared to 2008. Discount promotion was the most preferred sales promotion ad campaign in print during 2009. Services was the top sector in usage of sales promotion ad campaigns in print during this period.more...