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MUMBAI: Come Monday, 12 May, 2003 and The Times of India group
(TOI) , India's largest publication conglomerate will change another
age-old tradition in Indian advertising. Gone will be the good old
days of 25 by 4cc ads, 20 by 3cc ads....
Space in the TOI group of publications will no longer be sold as
column-centimetres but as square centimetres. The move comes close
on the heels of the TOI group reducing its broadsheet newspapers
into seven columns (of smaller size) instead of the customary eight
(dailies such as Sandesh still have eight columns). The size of
each column varies between 4.0 cms to 4.85 cms.
TOI Response director Bhaskar Das says: "From 12 May 2003,
in a revolutionary move, all ads in any of the Times Group newspapers
will be accepted on the basis of a square centimetre measure.That
is to say, width and height of ads will both be measured in centimetres.
Thus no matter how much web widths reduce, you pay according to
what you get and not a rupee more. From here on all ad measurements
will be quoted in width X height format and this shall
hold true in all communications and correspondence including Release
Orders."
"This change effectively protects our advertisers against
future value erosion on ad rates versus returns as newspapers web
widths decline. And also, now there are no more restrictions on
creativity, no more leashes to leaps in imagination. Plan an ad
of any size (as long as its dimensions are rectilinear) and dont
worry about premiums. Believe it or not, now one does not need to
pay extra if an ad spills into the next column, one merely pays
the regular rate per square centimetre," adds Das.
Das also points out: "One can now take rectilinear ads of
any size as long as they arent smaller than 4cm X 3 cm. The
same holds true for appointment ads except that their widths have
to be in multiples of 6cm and the minimum size of ads must be 6cm
X 8cm. So now plan campaigns in peace without having to pull out
calculators at every instance to see if youre being duped
or not. AdMax has effectively slain all demons of doubt."
Media experts claim that the transition from "cc" to
"sq cms" is the facilitate the TOI group's much debated
move of selling editorial space and odd-shaped creatives. Despite
heavy criticism from certain quarters (especially from editorial
section), the group seems to be finding takers. Consider, for instance,
Aishwarya Rai's photograph adorning the front page of city specific
supplements (Bombay Times on 9 May 2003) clearly mentioned Nakshatra
(the brand by Diamond Trading Company) which reportedly paid Rs
350,000 for the placement. Sources also confirm that this amount
is over and above the money paid for placing regular advertisements.
Media experts say that the TOI group's move has been initiated
by the stiff resistance it faced from some of the larger advertisers
and the government-owned DAVP (Directorate of Advertising &
Visual Publicity) which had to pay 'more for relatively less space'.
Sources also add that ads released by the western and central railways
had refused to accept this anomaly thereby forcing the TOI group
to charge on the basis of "sq cms". Other senior ad sales
personnel in the industry feel that the other publication houses
will be forced to follow the TOI group's move.
The TOI senior management (response or ad sales) organised a seminar-cum-party
on 9 May 2003 to brief Mumbai-based advertising professionals. The
briefing involved the mechanics of how advertising creative material
should be submitted and how billing would take place. Ad professionals
also claim that the TOI group has invested heavily in technology
through software partners such as SAP to streamline operations and
scheduling.
After all, the leader has to guard the "reader" oops
"advertiser"!
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