MUMBAI: WPP Mindshare has started a new
division called Brands & Films (B&F) to explore film-related
marketing opportunities for its network of 250 clients including the
various Hindustan Lever brands.
Mindshare planning director Navin Shah, who has been appointed to
head the unit, reports to WPP Broadmind national director M Suku.
Shah elaborates: "We are attempting to marry the 'science'
of media with proper valuation of entertainment and film properties.
Using complex valuation modules for analyzing the strengths of the
films, we ascertain the cost of acquisition from producers. We also
explore other opportunities such as in-film placements, merchandising
opportunities and promotional opportunities." Recently, B&F
organised a special screening of Lagaan in Kolkata to commemorate
the centenary celebrations of Sunlite, an HLL brand.
B&F negotiates with producers to buy the rights of films which
are then telecast on national broadcaster Doordarshan's national
network. "We negotiate with the producers for a cost-effective
rate; show the film on DD; get FCTs in exchange from DD; sell the
FCTs to our clients and pay the producers. DD gets to screen new
films and doesn't pay anything towards the content acquisition costs
and the producers get their remuneration."
B&F has developed modules that can evaluate the probable impact
of a film on the viewers and its "cult value" at any given
point of time. These findings are shared with the producers and
the rates of acquisition are accordingly determined through a process
of consultation. B&F has started networking with several producers
and made presentations to more than 80 per cent of the producers
in India. "The eyeballs depend on the "cult value"
of the film at any given point of time. B&F provides an intermediary
that connects the advertisers and the producers because we understand
both sides of the varied businesses. It is like marrying the "street"
with "science" because the film business hasn't been using
any sophisticated tools or techniques for evaluations," adds
Shah.
On 3 January, B&F and DD organised the screening of Yash Johar's
Kuch Kuch Hota Hai in the Friday night slot. DD has a policy
wherein the films that were released after 1994 are shown on Friday
night slots and those released before 1994 are shown on the Saturday
night slots.
A rating specialist claims that the eyeballs for such films shown
on DD depend on various aspects and do not necessarily depend on
the box-office performance: mega-hits get higher TVRs as the viewers
relive the enjoyable experiences and memories associated with the
film; semi-hits also get good ratings as many viewers have not yet
seen the films.
WPP Media is India's largest media investment management group
with billings in excess of Rs 15 billion, stated the official release.
It has three operating units MindShare India, MindShare Fulcrum
and Maximize that provide media planning, buying & research
services. The specialist services are provided through its Advanced
Techniques Group, M Digital, Media Consumer Insights Group, BroadMind
& WPP Outdoor.
Part of the WPP Group, one of the world's largest communications
services companies WPP Media has 70 offices in 51 countries throughout
the USA, Latin America, Europe, Middle East, and Asia Pacific.
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