Nimbus launches first-ever loyalty programme for advertisers

MUMBAI: Nimbus will launch the first ever "Loyalty Rewards" programme for Indian television advertisers from 14 January 2003. The programme is in recognition of the role that loyal advertisers play in building a network and/or independent media marketing company's revenues.

Kicking off the program with the upcoming ICC Cricket World Cup 2003 on DD, Nimbus aims to extend this program to select media assets in the future. The objective is to reward the advertisers who pin their faith in the deliverables of the company's programming and further reward those who express an early commitment.

Says Nimbus' senior vice president Sunil Manocha: 'Nimbus has been informally running such programs in the past providing the bedrock for constantly strengthening relationships with advertisers, but now we have created a formal structure for this and expect that it will become a media trend in the future.'

On the cricket World Cup, "Broadcast sponsors", "Match Cluster" buyers and "Flexi Buy" spot buyers will all receive "Loyalty Rewards" in the form of additional commercial time at no extra cost. In the classical pattern of loyalty programs, there is an ascending rate of reward for larger volume buyers. At the low end, rewards will start at 50 per cent volume bonus for "Flexi Buy" spot buyers, going up to 150 per cent volume bonus for presenting "Broadcast Sponsors".

Reversing the trend where advertisers who buy in early into a major event property, often fear that they will wind up paying more than those who buy at the death in case there is distress selling; Nimbus has pegged the "Loyalty Rewards" for all advertisers who booked their World Cup ads before 14 January at double the rewards that will accrue to those who book from 14 January.

Says Nimbus' vice president marketing Sanjiv Shroff: 'We are thrilled that we are able to provide retrospective rewards and that too double to those who bought in early without even knowing that rewards could follow, and we are overwhelmed by the gratitude of these advertisers when we broke the news to them this evening!'

12 media buying groups and advertising agencies and more than 40 advertisers will benefit from the double "Loyalty Rewards".

Nimbus intends to provide more pleasant surprises to all loyal clients in the weeks to come.

Latest Reads
One Take Media Co -Cooking with a Global Twist.

Today this is not limited to men only, its’ true for everyone. Food is a beautiful experience if you have felt it correctly.

MAM Marketing MAM
Endemol Shine Group, DoveTail Media and acclaimed film director Shekhar Kapur join forces to bring best-selling novels The Ibis Trilogy to worldwide market

Global content creator, producer and distributor Endemol Shine Group today announces the development of a major high-end production for the international market.

MAM Marketing MAM
Address of Choice awarded outstanding performer of the year 2018 by Godrej Properties

Address of Choice adds a grand feather to its cap; wins the coveted Godrej Properties Residential Sales Portfolio award as an Outstanding Performer!

MAM Marketing MAM
The widest & whackiest Bollywood slumber Party of the Year

Brace up for some quirky bedside conversations, saucy revelations and celebrities at their naughtiest best on Season 2 of the VOOT Original , Feet Up with the stars -Presented by Nestlé KitKat and co powered by OLX .

MAM Marketing MAM
Three Tata Brands in top 20 list of India’s Most Consumer-Focused Brands

TRA Research has launched the second edition of ‘India’s Most Consumer-Focused Brands 2019’ (CFB), a study measuring the brands’ increase in Buying Propensity, the keenness-to-buy among Indian consumers.

MAM Marketing Brands
Lowe Lintas wins creative mandate of Cricbuzz

Cricbuzz has appointed Lowe Lintas to handle its creative duties ahead of the cricket season.

MAM Media and Advertising Account
Anil Nair joins VMLY&R as India CEO

Global marketing agency VMLY&R today announced the appointment of Anil Nair as CEO, VMLY&R India. Based out of the Mumbai office, he will report to VMLY&R Asia co-CEO Tripti Lochan, who is based in Singapore.

MAM Media and Advertising People
Whirlpool empowers home cooks with intelligent cooking appliances, made for india

Whirlpool of India, a subsidiary of world’s leading home appliance company Whirlpool Corporation, today launched a new range of premium cooking appliances that are specially designed for Indian needs.

MAM Marketing MAM
HE Advanced Grooming launches the new summer disruptor HE MAGIC DUO

HE, the Advanced Male Grooming Brand of the FMCG major Emami Limited launches ‘HE Magic Duo’, a unique category disrupting innovation to expand the brand’s portfolio in the zero gas perfume space.

MAM Marketing MAM

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories