Month: April 2023

Indian Sports Industry crosses Rs 14,000 cr, sports celebrity endorsement market value hits Rs 729 cr: GroupM Report

Dream11 is replacing ed-tech major BYJU's. BYJU's had quit after the end of the last financial cycle. (Representational image by Yogendra Singh via Unsplash)

The report reveals that cricket continues to dominate the Indian sports sponsorship landscape, contributing to 85 percent of the sponsorship spends, while emerging sports like football, kabaddi and marathon have seen a massive upsurge in the sponsorship spends, contributing to the remaining 15 percent.

World Startup Convention Fiasco: The greed of influencers and what everyone is missing!

The White Paper also encapsulates insights on this complex issue, gathered from a cross-section of businesses across sectors including organizations such as HUL, Google, Dream11, Pepsico, MakeMyTrip, White Rivers Media, Pidilite, UB and Leadsquared.

The World Startup Convention, which failed to deliver on promises like bringing Elon Musk and Sundar Pichai, was promoted by influencers Ankur Warikoo, Prafull Billore, Chetan Bhagat, Raj Shamani and others, who are receiving immense flak. But what about the influencer marketing agencies’ role?

Manas Lahiri appointed Famous Innovations’ COO

With over 21 years of experience in marketing and advertising, Lahiri expertise lie in harnessing data and analysis to shape strategy for the companies. He has held senior positions at various renowned agencies and brands, including Samsung, Motorola, McCann, Ogilvy, Havas Worldwide, and more.

He joins the agency from Havas Group India where he was serving as the managing director (MD).

Marketing Mocktail: Consumer as brand manager – brand co-creation explained!

Wieden+Kennedy is an independent global creative company with offices in Amsterdam, Delhi, London, Mexico, Mumbai, New York City, Portland, São Paulo, Shanghai, and Tokyo. (Representative Image: Nick Fewings via Unsplash)

Brand co-creation means brands collaborating with consumers to come up with products and content. But how does it really work and when does it not? Find out.

JioCinema’s IPL viewership numbers are mind boggling

Another driver during the opening match was the latest edition of JioCinema’s free-to-play predict and win game, Jeeto Dhan Dhana Dhan. (Image source: @JioCinema)

TATA IPL 2023 on JioCinema gets a record-breaking 147 crore views on opening weekend. JioCinema also registered over 2.5 crore downloads, a record for the most installed app in a single day.

Razorpay launches AI-powered co-founder service on April 1st

Accenture announced in June 2023 that the company would invest $3 billion in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency and resilience.(Representational image by Phillip Glickman via Unsplash)

The initiative comes at a time, when India is witnessing a sharp rise in entrepreneurial spirit and an increased adoption for AI

Why should marketers do sales roles? Let us ask Mondelez India’s Nitin Saini

“We are able to crack the advertising code for each of our brands well enough only because we have our got our fundamentals right,” says Saini. According to him, that’s one aspect of marketing which will never change with time.

Field sales teach you the realities, says the Mondelez India’s vice president (marketing) Nitin Saini, as he talks about his journey as a management trainee to leading the company’s multi-billion dollar brand Oreo. Being in sales also helps in understanding what leads to commercial growth, he says.

Karram Kurram: The distinct Lijjat Papad advertising

The unique concept of puppetry, emotional connect of family, and a distinctive soundtrack made Lijjat Papad television commercial unique. The fluffy rabbit puppet found a pride of place on the Lijjat Papad packaging as well. (Stills from the ad)

For those who grew up watching the Lijjat Papad TV commercial, the image of the rabbit, his cackle, and the soundtrack still stand recognisable decades later.