Free Essay

Case of Media and Entertainment Industry in India

In:

Submitted By Ruchitewari
Words 3020
Pages 13
Indian Media and Entertainment Industry: An Analysis of Cases

By

Megha Iyer (Asst. Prof. SCS)

Ruchi Tewari (Assoc. Prof. SCS)

Hardi Oza (Academic Associate SCS)

Introduction

India shining is becoming an accepted and taken for granted term and availability and access to the global resources a reality. In this background, it is interesting to note the impressions casted by various sectors and the patterns within the industry. One major sector which is at the base and impacting business across sectors and industries is the entertainment and media (E&M) industry. Business is more and more understood by what it communicates to its stakeholders and therefore organizations are arising to this reality. The E&M industry is growing at an accelerated pace and there is addition in its kitty in the form of newer mediums of communications, rising revenues and growing number of target audiences.

Evolution of the Media Industry

From the days when British-occupied India got its first newspaper in the form of the Bengal Gazette in 1780, to the 99 million newspaper copies circulated in 2009, the media and communication industry in India has come a long way. As per the Pricewater Coopers report (2011) about the media industry, the print industry of the country grew to a size of INR 193 billion, while the television industry stood at INR 297 billion, and radio was at INR 10 billion. Allied industries such as Out of Home Advertising, Public Relations, Cinema, Animation and VFX also grew substantially, leading the media and communications industry to stand at 652 billion INR at the end of 2010. The cumulative annual growth rate (CAGR) of the industry was pegged at a substantial 8% for the period from 2007 to 2010, and the industry is expected to grow into a 738 billion INR sector by the end of 2011, according to FICCI estimates.

Media Industry in India: landscape and challenges

In an extremely heterogeneous, melting pot of a country with a teeming 1.21 billion as its population, the advertising, branding and marketing strategies adopted by Indian brands (or even foreign brands in India) assume special significance. Whether it is by means of a print advertisement, a television commercial, a pop-up or banner ad on a social networking website or even a BTL promotion, every marketing move in a market like India requires much careful thought, planning and execution. Besides the obvious challenges of living up to the brand’s existing image, adding further meat to it and catering to a very wide variety of people, advertising in India also faces the major challenge of managing to convey the message without ruffling feathers or rubbing people the wrong way – something that has grown increasingly frequent over the years, due to varying political agendas and the need for (just about any kind of) publicity, among other factors.

All these make India an especially interesting case where advertising and marketing are concerned. Compare the functioning of an Ogilvy & Mather in India, with the same for O&M abroad. How difficult is it to create an advertisement that caters to people who all speak the same language, are influenced by the same cultural factors, and have similar hobbies and interests? This would perhaps be an oversimplification, but compare the case of a TV commercial for, a brand of cornflakes/cereal in the US, with the task of creating a TVC for a gold jewellery brand in India, and one would realize to what extent the latter is delicate. It is said of India that the language, culture and customs change at every few kilometers. Naturally then, so do the perceptions, likes and dislikes. A working woman in Mumbai will need smaller, elegant pieces to complement her attire, while the bride-to-be in South India will be expected to wear chunky ornaments. The two will have a different approach to buying jewellery, and different reasons as well. The metals, patterns, designs and even budgets are likely to be poles apart. Similarly, a brand of instant noodles in India is likely to create different ads for different areas, depending on the alimentary preferences of people in each region and their socio-cultural-economic environments. Jains will not consume Chicken noodles while Bengalis will likely love them. A satire involving Rajnikanth is likely to evoke tremendous applause in Tamil Nadu, while a TVC of Hindi film actors dancing on a train is likely to become more popular in the North. All these disparities ensure that the advertising/marketing process in India is a complex, challenging and multi-pronged one, with high and varied expectations at every juncture (Can we take this in the first paragraph and start our discussion about Indian through this). What is amazing is that despite the obvious challenges faced while trying to create a brand in such a competitive environment, India has had its fair share of phenomenally successful and effective advertising campaigns. Many of these became a rage among the masses, they were discussed and repeated during gatherings and get-togethers, immensely enhanced the sales and recall value of their products and companies, and in some cases, even inspired the youth of the country. These campaigns and other advertising media are of immense relevance to a body like AMIC, where research is considered a top priority. This is mainly due to the fact that the amount of research and analysis conducted in the area of advertising, branding and marketing is still way less in India than it should have been. And the bottom line, at the end of the day, is that India is gearing up for a lot more and therefore, it makes sense to understand the direction towards which the advertising industry in India is moving.

Cases

The Times of India’s Lead India campaign

The Lead India Campaign was a brainchild of Bennett Coleman & Co. Ltd, the publishers of The Times of India, India’s most widely read newspaper. This campaign initiated by them aimed to bring in a new breed of political leaders and administrators into the national limelight, from among the general masses. Several professionals, prominent names in their respective professions, participated in the exercise. While the outcome/output of the campaign is debatable, the fact that the campaign got people talking and participating in large numbers is undisputed.

BCCL appointed J Walter Thompson (JWT) India to design their television commercial, which will go down in history as one of the most mobilizing of all TVCs created in India in recent times. JWT came up with a promotional video for the campaign which shows a tree that had crashed in the middle of a busy thoroughfare. Several commuters, in vehicles ranging from state transport buses to cushy sedans, watch in exasperation but few bother to do anything to move the tree aside. There is tremendous cussing and abusing all over, when, to top it, it begins to rain. The men continue complaining, when in the meanwhile, a young school child travelling by the bus takes a look at the tree and the rain outside. Realising the folly of the ‘elders’ around him, the child steps out of the bus and begins pushing the tree. He is battling the heavy downpour and knows that he can accomplish nothing single-handedly, but his effort serves to enlighten the others. Within minutes, a lot of the spectators join in, including some street kids, and together, they manage to push the tree out of the way, and the road becomes functional again. The video ends on an inspiring note, promoting the idea that if ones wishes to, one can truly bring about change. In other words, ‘leadership’ is an inherent trait which all of us possess, all we need is a channel to bring out the leader with us (and hence the Lead India campaign).

The response received by the campaign for this promotional video was tremendous. In a country where patriotism is the middle name, and where Independence has been hard-earned, after a struggle of more than two centuries by millions of its people, this video gave almost every viewer goose bumps. What made it very easy for people to relate with the video was the fact that the attitude of the masses, as shown in the video, was pretty much exactly what one sees on the streets everyday. The indifference depicted therein made most viewers sit up and take note. And while it would be premature to say that the video was responsible for the campaign’s success, it would be indisputably true to say that it played a vital role in the way people paid attention to and followed the campaign.

JWT India, the agency that designed the video, won several accolades for their work. They won the first Spikes Asia '09 ad festival's ‘Advertiser of the Year’ award for the campaign. They also won the Grand Prix in the Direct Awards category at the Cannes Promo and Direct Lions awards 2008, a very prestigious ceremony where only the best of the best advertising giants are honoured. This event was a proud moment for India, where advertising is now slowly but steadily coming of age.

Vodafone Essar’s Zoozoos

Vodafone Essar, which had previously earned several thousand fans for its ‘Wherever you go, our network follows’ campaign with a cute pug, decided to move on to a non-animal subject for its next campaign, the one that would promote the VAS (Value-Added Services) being provided by the company. For this, they finalized what have come to be known as ‘Zoozoos’, animated characters that are completely white in colour and have ballooned bodies and egg heads. While they look like products of animation, these are actually humans posing in Zoozoo costumes.

The agency in charge of the campaign, Ogilvy & Mather (O&M), had the entire campaign (30 ads) shot by Bangalore-based Nirvana Films, in Cape Town in South Africa, in a record time of 10 days. The production was cost-effective and terribly uncomplicated, with thin young women being draped in the Zoozoo costumes, made of several layers of a particular material. The facial expressions were made of rubber and pasted on the actors to cut down on time and costs. The shooting was done at low frame rates, the background was a simple and uniform grey, and the Zoozoos had little to do except be very expressive and look their cutest best.

And yet, despite the commercials being very simple, devoid of any smart one-liners or wisecracks (a la Amul), they were a huge hit among the masses. What O&M did was, instead of focusing on the text/script/dialogue, they concentrated on the visual appeal, creating in the process, some very eminently likeable characters which would draw the audience’s attention anyway, with or without smart lines. They were tremendously successful in their attempt, if the audience reaction is anything to go by.

The Zoozoo ads were viewed by thousands of people, on television, in print and on YouTube. On the latter, there are, at present, at least nine different videos of Zoozoo ads, with each having received more than 1,00,000 hits (views), the highest number being 11,14,170 so far! There are more than 250 pages dedicated to Zoozoos on the cyber space, on websites such as Facebook and Twitter, and there are at least 3,00,000 fans (collectively) on these websites. O&M received their fair share of recognition for the awards, including PETA’s 2009 Glitterbox Award. Vodafone also won three awards at the Asia Marketing Effectiveness Festival held in Shanghai in 2010, for the Zoozoos.

While it is difficult to say how much exactly the company has financially benefitted from the Zoozoo campaign, one thing is for sure – the cute little animated figures have successfully managed to create unprecedented brand recall for the company, and have added tremendously to its popularity.

AMUL – The Big Fat Indian Brand

If one were to dissect and analyse the most successful advertising campaigns that India has seen so far, a distinct winner is Amul. A ‘brand’ in the real sense of the world, Amul, meaning ‘priceless’ in Sanskrit, was born in 1946 in Gujarat in India, in the form of a milk co-operative. It is managed by the Gujarat Co-Operative Milk Marketing Federation (GCMMF), and is jointly owned by some 2.8 million milk producers in Gujarat today.

Amul was responsible for ushering in what is now known as the ‘Milk Revolution’ in India, and it has made India the largest producer of milk and milk products in the world. However, while theirs is a brand that has remained undented for several decades, it is most surprising to note that Amul advertisements, famed for their smart one-liners and high recall value, make up not more than 1% of the company’s total revenues!

Amul produces a wide range of milk products, among them mill, ghee, butter, cheese, ice-cream, paneer and others. It mainly follows an umbrella system of advertising, and in the last one decade, the ‘Amul doodh peeta hai India’ and ‘Amul – The taste of India’ campaigns have proved immensely successful. However, the undisputed winner within the Amul umbrella is the ‘Utterly Butterly Delicious’ tagline used by Amul Butter, whose mascot is a cute young girl with a polka-dotted dress and a high ponytail. This ‘Amul girl’, as she is referred to, made her first appearance in the year 1967, when the first hoarding for Amul butter went up in Mumbai, and went on to become an instant favourite among housewives.

The Amul account is managed by DaCunha Associates and Draft FCB Ulka, who have been with the brand ever since its ad campaign took roots in the 60’s. And when the ad campaign for Amul was still taking shape, the promoters realized they had to take a call on whether they wanted the product to play safe and come up with tame ads, or whether to actually take a stand and make Amul a product with a social conscience. The agency decided to go with the latter, and Amul Butter took birth as a product whose hoardings/weekly updated taglines were looked forward to with national enthusiasm.

Amul’s taglines usually deal with the ongoing, the current. Social, political, cultural and all other issues that are the toast of the moment manage to find their way into Amul hoardings. From time to time, Amul has commented on actors, politicians, industrialists, scams, controversies, all sorts of good and bad events, and even the biggest of brands. However, over the last three decades or so, Amul’s has come to be known as an advertising campaign that doesn’t mean malice anywhere in its attempt to elicit laughs. There have been instances when the ‘victims’ of Amul’s one-liners have gleefully agreed to pose along with the corresponding hoarding, all in good humour! And that’s also part of the reason the campaign has succeeded – not only have the Indian masses sat up and taken notice of the sheer originality and wit in the Amul butter repertoire, they also look forward to these ads and see them as an instrument of social commentary.

Over the last few years, gems have included ‘Pow Bhajji’ when Indian cricketer Harbhajan Singh slapped team member S Sreesanth in a fit of rage, ‘Yum Karo Bun – Mit Jaaye Gham’ to coincide with the release of Bollywood flick Dum Maaro Dum, ‘Bas aur nahin! Kasab aur nahin!’ as a comment on terrorist Ajmal Kasab, ‘Kochi toh log kahenge!’ in the wake of the Shashi Tharoor-Sunanda Pushkar controversy vis-à-vis the Kochi IPL team, etc. So long and uninterrupted has the Amul campaign been that it has found pride of place in the Guinness Book of Records as the longest-running advertising campaign in the world. There are hundreds of Indians who’ve been impressed and amused by these ads that they’ve gone to the extent of collecting these ads (they also figure on packets of Amul butter) and making personal collections for themselves.

A Few More

While the above have been some of India’s most influential advertising campaigns till date, there have been several others which have played an equally important role in influencing India’s media-savvy ranks. Pidilite’s Fevicol brand has enjoyed undisputed popularity since the last several years, due their innovative advertisements. From a truck-top laden with more people than it can accommodate (but the people are bound together by Fevicol) to a young couple being followed by a man on a bicycle (who can’t separate himself from the young couple’s vehicle due to the latter being laden by Fevicol tins), the brand has managed to sustain itself thanks to the humourous, tongue-in-cheek situations they manage to think up. Similar is the case of Mentos, a popular consumer item that manages to grab attention due to its innovative concepts.

Conclusion

These and several other campaigns have managed to astronomically lift the fortunes of the companies and products they represent. The reason why advertising makes for a very interesting study in India is that this is a country where one takes into account several forms of disparities and differences, before creating a tool of mass communication. In several cases, one has to create different versions of the same tool before one can display it to different sections of the society (Kurkure ads in different languages being an example). In most cases, ads depict the socio-cultural-economic environment of the society and people they’re reaching out to. And where the latter goes, hardly any country in the world has the kind of variety and diversity that India possesses. Hundreds of thousands of advertising/publicity tools are created and implemented in India every day, and together, these make up the widest possible spectrum of advertising matter anywhere in the world. However, in spite of the sheer size and magnitude of this industry, advertising research in India is still not at a position where it may be considered enviable. There remains tremendous scope for media aspirants in India to research in the areas of advertising, publicity and PR.

Similar Documents

Free Essay

Media

...The Indian Entertainment and Media Industry Unravelling the potential This report has been prepared on the basis of information obtained from key industry players, trade associations, government agencies, trade publications and various industry sources specifically mentioned in the report. While due care has been taken to ensure the accuracy of the information contained in the report, no warranty, express or implied, is being made, or will be made, by FICCI or PricewaterhouseCoopers Pvt. Ltd., India (PwC), as regards the accuracy and adequacy of the information contained in the report. No responsibility is being accepted, or will be accepted, by FICCI or PwC, for any consequences, including loss of profits, that may arise as a result of errors or omissions in this report. This report is only intended to be a general guide and professional advice should be sought before taking any action on any matter. FICCI and PwC jointly hold all copyrights to this report, and no part thereof may be reproduced or replicated without prior explicit and written permission of both the parties. The Indian Entertainment and Media Industry Unravelling the potential March 2006 Foreword Welcome to the 2005 annual edition of the Indian Entertainment and Media (E&M) Industry Report. FICCI takes this opportunity to thank PricewaterhouseCoopers, our Knowledge Partners, for having devoted precious time and resources to prepare this report at our behest. The E&M industry is at an inflexion...

Words: 7262 - Pages: 30

Free Essay

Business

...BROADCASTING AND DISTRIBUTION SECTOR IN INDIA: A COMPETITION AUDIT ___________________________ INTERNSHIP PROJECT REPORT SUBMITTED BY: AAKSHITA BANSAL AMITY LAW SCHOOL, AFFILIATED TO GURU GOBIND SINGH INDRAPRASTHA UNIVERSITY, NEW DELHI UNDER THE GUIDANCE OF: Dr. K. D. SINGH DEPUTY DIRECTOR (LAW) ____________________________ NEW DELHI JULY 2013 ACKNOWLEDGEMENT This report is an effort made by me with the astute guidance of my mentor,. His valuable inputs and constant encouragement has inspired me to carry out this research fruitfully. He gave me his valuable time to discuss the facets of this topic and guided me towards an enlightening and holistic research. I also put on record my gratitude towards the library staff, which has provided me help and access to all the resourceful material for my research. I am indebted towards Competition Commission of India, for providing me an opportunity to have a learning experience. AAKSHITA BANSAL 1 DISCLAIMER This project report has been prepared by the author as an intern under the Internship Programme of the Competition Commission of India for the period of one month from 1st July 2013 to 31st July 2013, for academic purposes only. The views expressed in the report are personal to the intern and do not reflect the views of the Commission or any of its staff or personnel and do not bind the Commission in any manner. This report is the intellectual property of the Competition Commission of India and the same or any part thereof...

Words: 11443 - Pages: 46

Premium Essay

Media Sector

...Case Study on Fundamental Analysis of Indian Media and Entertainment Industry Analyzed By Tarak Shah Indian Institute of Planning and Management (IIPM) Ahmedabad © IIPM, 2006 -1- Paradoxical phenomenon of Indian Media and Entertainment industry – reality or just a passing impulse? “Inconsistency, absurdity and contradiction usually surprise people but when question comes to invest in stock, it invariably leads to confusion, misjudged perceptions, miscalculated action and at the end heavy monetary losses” India has been recognized as the most assertive and rapidly developing country all over the world. India has not only attained higher economic growth (8.1 % in FY 2005-06) but also superior social development, better standard of living to its people, and it is marching towards the most vibrant democracy. No one can deny the fact that Indian stock market is the barometer of the India’s progress and prosperity. Recently, Indian stock markets are touching new heights everyday. On 19th April, 2006 the Sensex reached to 11900 points despite large scale FII selling rally. The underlying reason for such surmounting upward movements of Indian bourses is strong economic foundations laid down by robust sectoral growth and well-thought out policy support of Indian government. Sectors like Steel, Information Technology, Cement, Banking, Gas and Petroleum, Automobiles, Infrastructure and Media & Entertainment seem to be promising because of their tremendous growth potential...

Words: 11630 - Pages: 47

Premium Essay

Sony Music India

...Sony Music (India) February 2012. Vivek Paul, Director of Digital Media Initiatives at Sony sat with Shridhar Subramaniam, President, India and Middle East, Sony Music Entertainment, in his Santa Cruz, Mumbai office and mulled over the remarkable changes that the music industry in India had witnessed over the past few years. With the rapid growth in Internet penetration and usage, technology was driving music production, access and consumption. Sales from digital platforms had surpassed sales from traditional physical formats, such as CDs and tapes. With the distribution of digital music in India largely skewed towards the telecom business, music was increasingly being accessed via mobile devices, including smartphones and tablets. Artists were reaching out to consumers directly through many innovative platforms, and live performances were gaining more traction. Independent (“indie”) artist business models were rising in popularity and creating further fragmentation in the market. Overall, the role of the recording company seemed to be diminishing. While some of the leading companies in the music industry were testing the waters in the digital space, new players, including technology companies, were quickly entering the market with various new platforms and services. Distribution, in the form of music streaming services and e-commerce sites, was changing the way music was being bought and consumed. As Head of Digital Media, Paul reflected on the role of Sony Music India, a large...

Words: 10156 - Pages: 41

Premium Essay

Movie Marketing

...CONTENTS Media, messages and styles used by Indian marketing communicators of Films 1. Overview of Indian Film Industry and Market 2. 4Ps concept applied on the movie industry as a whole 3. Overview of the film making business 4. Classification of movies from a producer’s or distributor’s point of view 5. Classification of movies as products 6. Publicity of movies 7. How different media is used for publicity of movies? 8. Alterative marketing methods 9. Music as a promotion tool 10. Hollywood marketing strategies in India 11. Messages and styles used for promotion of films 12. Bibliography Objective: To find out the Media, messages and styles used by Indian marketing communicators of Films. Methodology The project is based on secondary data information, as a source of secondary data various websites, movie magazines and marketing journals are used. Abstract: Bollywood, which contributes 27% of entertainment revenues, is changing from a fragmented industry to a few stalwart organisations who occupy all parts of the value chain starting from production to distribution. The article explores the new emerging trends in innovative movie promotions in the industry. The changing paradigm of its viewer ship and the increased role of NRI clusters is leading to a structural change in the way business is done in ‘Bollywood’. Overview of Indian Film Industry and Market India is the world's...

Words: 6901 - Pages: 28

Premium Essay

Asdf Ghjkl Kkkkk

...Can Bollywood Go Global? Case Analysis: Managerial Communication II Section A Submitted By Ankur Jain 0069/52 Executive Summary The movie Industry came into being towards the end of the 19th century and it has grown steadily over the years, incorporating several changes in its outfit and presentation. From the French beginnings, to the British influence and then the American dominance after the 2nd world war, the entertainment industry has seen it all. Bollywood, the Hindi-language industry in Mumbai is considered by many to be the heart of the Indian film industry. Although the format of Bollywood films has changed over the years, a typical film is melodramatic; long (three to four hours); filled with song and dance numbers, elaborate sets, and brightly colored costumes; and based on traditional values such as family and religion. India is the largest producer of films in the world and very old film industry in the world which originated around about 103 years ago. In 2009 India produced a total of 2,961 films on celluloid that includes a staggering figure of 1,288 feature films. Indian film industry is multi-lingual and the largest in the world in terms of ticket sales and number of films produced. However, due to high taxes and low prices, It ranks 5th largest in terms of revenue. The industry is supported mainly by a vast film-going Indian public, and Indian films have been gaining increasing popularity in the rest of the world—notably in countries with large...

Words: 2750 - Pages: 11

Premium Essay

Swot Analysis of Walt Disney

...Company is a leading American diversified multinational entertainment and mass media conglomerate, headquartered in Burbank California. Founded on October 16, 1923 by Walt Disney and his brother Roy as a small cartoon animation studio, the company struggled through years of unsuccessful creations but turned around after the debut of Mickey Mouse, the official mascot of the company. Now headed by CEO Robert Iger, Disney is one of the largest entertainment corporations in the world with approximately 166,000 employees and annual revenues approaching the $45 billion mark (Walt Disney). For eight decades, Walt Disney has entertained people around the world with its theme parks, resorts, cruises, movies, TV shows, radio programming, and memorabilia. Before diversifying into live-action film production, television and travel, the company established itself as a leader in the American animation industry. The company went public in 1940 and was reincorporated under its current name in 1986 and expanded operations and also started divisions focused on theatre, radio, music, publishing and online media (Cohesion Case). Mission Statement The mission of The Walt Disney Company is to be one of the world's leading producers and providers of entertainment and information. Using our portfolio of brands to differentiate our content, services and consumer products, we seek to develop the most creative, innovative and profitable entertainment experiences and related products in the world (Walt Disney)...

Words: 3954 - Pages: 16

Premium Essay

Walt Disney

...STRAT Case Study “The Walt Disney Company: Its Diversification Strategy in 2012 LELE SONG February 9, 2015 February 9, 2015 KEY ISSUES * Understand why a company’s resources and capabilities are central to its strategic approach: Diversification is Disney’s main strategy for constant growth. The company is broadly diversified, including five major segments. Disney attempted to capture synergies existing between its business units. * Strengthening a company’s market position by expansion: Disney aims to expand globally and exploit the business opportunities in the emerging market since the domestic market is about to be saturated. * Become aware of what the company should do to achieve operating excellence: Instead of letting technology throw threats at the company, Disney decides to embrace technology to enhance quality of products and improve customer experience. Disney’s success is highly dependent on technology. * Become aware of the strategic benefits and risks of expanding a company’s horizontal scope through mergers and acquisitions: Disney has a very clear acquisition strategy, and they have successfully acquired some valuable brands. Acquisition also benefits Disney for global expansion. ANALYSIS The Walt Disney Company (“Disney” or “the company”) was a broadly diversified median and entertainment company. In 2012 the company’s business units were organized into five divisions, which include media networks, parks and resorts, studio entertainment...

Words: 2522 - Pages: 11

Premium Essay

Swot of Walt Disney Company

...Company is a leading American diversified multinational entertainment and mass media conglomerate, headquartered in Burbank California. Founded on October 16, 1923 by Walt Disney and his brother Roy as a small cartoon animation studio, the company struggled through years of unsuccessful creations but turned around after the debut of Mickey Mouse, the official mascot of the company. Now headed by CEO Robert Iger, Disney is one of the largest entertainment corporations in the world with approximately 166,000 employees and annual revenues approaching the $45 billion mark (Walt Disney). For eight decades, Walt Disney has entertained people around the world with its theme parks, resorts, cruises, movies, TV shows, radio programming, and memorabilia. Before diversifying into live-action film production, television and travel, the company established itself as a leader in the American animation industry. The company went public in 1940 and was reincorporated under its current name in 1986 and expanded operations and also started divisions focused on theatre, radio, music, publishing and online media (Cohesion Case). Mission Statement The mission of The Walt Disney Company is to be one of the world's leading producers and providers of entertainment and information. Using our portfolio of brands to differentiate our content, services and consumer products, we seek to develop the most creative, innovative and profitable entertainment experiences and related products in the world (Walt Disney)...

Words: 3954 - Pages: 16

Premium Essay

Student

...planted the roots for a 360 degree Social Customer Relationship Management and a capability for  social commerce. By early 2012 the music industry in India had witnessed remarkable changes. With the rapid growth in Internet penetration and usage, innovative technology was driving music production, access and consumption. Sales from digital platforms had surpassed sales from traditional physical formats, such as CDs and tapes. With the distribution of digital music in India largely skewed towards the telecom business, music was increasingly being accessed via mobile devices, including smartphones and tablets. Overall, the role of the recording company seemed to be diminishing. While some of the leading companies in the music industry were testing the waters in the digital space, new players, including technology companies, were quickly entering the market with various new platforms and services.  Sony Music has unveiled its ‘India Segmentation Study’, the country’s first and largest research undertaken to analyse psychographic and demographic profiling of Indian audiences based on their music consumption patterns. It offers a never seen before insight into the life of a consumer over-layed with their music preferences. Sony Music Segmentation Study is researched and conceptualised by the International Insight Team at Sony Music UK and India, along with market research giant GMI (Global...

Words: 843 - Pages: 4

Premium Essay

A Study on Media Planning Strategies at Different Organizations

...A study on Different Media Planning strategies at Selected Organizations In the partial fulfilment of Post Graduate Diploma in Management By: Bhargav Radia (P1139) Under the guidance of: Dr RAJESH ASRANI External Guide: Mrs Upasana Miterani Mrs Nikita Panchal N.R. INSTITUTE OF BUSINESS MANAGEMENT AHMEDABAD (2011-2013) DECLARATION We Moulin Gajjar, Mohammad Ali & Bhargav Radia students of the two year PGDM programme at N R Institute of Business Management hereby declare that the report on summer training and project work entitle is the result of our own work. We also acknowledge the other works/publication cited in the report. (Signature) (Signature) (Signature) Moulin Gajjar Mohammad Ali Bhargav Radia Place: Ahmedabad Date:3/08/2012 ACKNOWLEDGEMENT I express my sincere thanks to Ms. Upasana Miterani and Mrs. Nikita Panchal Marketing Executives, ACTIVE MEDIA, AHMEDABAD. Who guided me throughout my project with constant co-operation, encouragement and motivation. I thank to record my gratitude to our college Director for his encouragement and valuable support towards us. My project guide Mr. Rajesh Asrani has provided his valuable inputs as and when required. I thank him for his help and constant support. ...

Words: 20429 - Pages: 82

Free Essay

Is Primetime an Illusion

... INTRODUCTION Star India’s latest and biggest digital initiative, the Hotstar app, launched recently, is aiming at changing the way Indians consume content. Coming 18 months after the launch of its other digital property, Starsports.com, Hotstar also won the digital media rights for the Indian Premier League (IPL). Hotstar offers more than 35,000 hours of content in 7 different languages—promising viewers a big library of movies, television shows and even live sports (cricket, football, tennis and kabaddi). For the 21st Century Fox-owned broadcaster, Hotstar, which was in the making for more than 15 months, is perhaps its most ambitious digital offering so far. The idea, said Sanjay Gupta, chief operating officer, Star India, is to be a one-stop destination for users to consume premium content across genres and languages and, more importantly, at their own convenience. “There aren’t many platforms available to Indian consumers offering high-quality, curated content besides, say, YouTube,” he said. Viewers will be able to watch all the shows telecast on the Star channels a day later on Hotstar. Similarly, for the first time, English dramas and serials that premiere in the US and are showcased on Star in India, will also be available for consumption on Hotstar. The platform will also stream upcoming Cricket World Cup...

Words: 4243 - Pages: 17

Premium Essay

Consumer Durables

...The Consumer Durables industry consists of durable goods and appliances for domestic use such as televisions, refrigerators, air conditioners and washing machines. Instruments such as kitchen appliances (microwave ovens, grinders etc) are also included in this category. This industry includes all those goods which are durable i.e.  products whose life expectancy is at least 3 years. These products are hard goods that cannot be used up at once. According to recent industry reports, the steadily growing market for consumer durables is estimated at Rs. 300 billion. Segmentation of the Consumer Durables Industry: The consumer durables industry can be broadly classified into 2 segments: Consumer Electronics and Consumer Appliances. Consumer Appliances can be further categorized into Brown Goods and White Goods. The key product lines under each segment are as follows: Titan, the market leader in watches and branded jewelry, has clocked the highest Net Sales CAGR of 34% over the last 6 years. It has thecompetitive advantage of a strong brand, which has helped it become the market leader. Using the right segmentation & smart branding strategies, Titan has successfully captured the watch and jewelry market. It has also managed to maintain a good Net Profit Margin of 6% TTK Prestige, the market leader in pressure cookers and kitchen solutions, has registered the highest CAGR of 74% in Net Profit over a 6-year period. 1) Rise in Disposable Income: The demand for consumer durables...

Words: 1944 - Pages: 8

Premium Essay

Ronnie Screwala

...crisis is to fast forward your worst case situation. Align yourself to that.” He has established his presence in every media vertical from animation and gaming to film - making and distribution to TV production. He can be credited with many firsts, from pioneering India’s first cable TV operations to creating India’s first daily soaps. He introduced Home shopping and also adopted the modern studio approach of movie production in India. An attempt to unravel the man who changed the face of Indian media………………… Introduction Ronnie Screwvala is a self made man and an iconic figure in the networking media industry. The CEO and founder of the UTV group he has been one among many others to first introduce cable television in Mumbai. From a cable operator to a media giant he has not only reached the pinnacle of success but also overcome many struggles to survive in the entertainment networking industry. He has been the pioneer in adopting a modern corporate studio approach to film production, which has helped him grow step by step, reaching for the stars all the way. With his decision to back films that are entraining and content heavy, his production house has carved a niche for itself in the Indian and global market. In the recent years, Ronnie has established a higher market value by partnering with international media giants such as Walt Disney, Fox Searchlight, Sony and Overbrook Entertainment with the view to explore and extend...

Words: 2245 - Pages: 9

Premium Essay

Walt Disney

...exploiting technological innovations to make entertainment experiences more memorable, and international expansion. Walt Disney Companies acquired Pixar and Marvel to enhance the resources and capabilities of its core animation business with the addition of new animation skills and characters. The acquisition of UTV in 2011 was executed for international expansion efforts into India and Russia. Disney’s corporate strategy also allocates substantial capital to its core theme parks and resorts business to sustain its advantage in the industry. Disney has started to integrate its highest grossing movies into its theme parks such as Pirates of The Caribbean and Cars 2 in attempt to capture synergies existing between its business units. 3.) My assessment of the competitive strengths of Walt Disney’s different business unit is that they have a strong competitive advantage of other companies in the same market. Disney’s strengths consist of: strong product portfolio, brand reputation, Competency in acquisitions, and diversified business. Disney’s ability to acquire technologically advanced companies and companies that complement Disney’s weakness in each individual unit and industry. Also the ability to integrate the different business units is a key strength for Disney. The Studio Entertainment unit shares major Motion Picture characters with the Consumer Products unit to sell products to fans of those pictures, as well as to the Interactive Media to promote and sell video games surrounding...

Words: 634 - Pages: 3