| When quizzed about why Dubai in particular? Balsara
offered, "Well, for one, it is close by and it is a very dynamic
market. It also gives us the base of dealing with rights in other
countries."
Balsara believes that with the rising media cost and inflation
the challenge for any brand is how to maintain profitability and
that is exactly what Madison tries to offer its clients.
Talking about the foray of Moms in sports marketing earlier this
year with the much hyped India-Pakistan cricket series, Balsara
says, "I think Moms fared well during the Indo-Pak cricket
matches. This was despite all the odds. As you know we were operating
in unfamiliar territory, that is, Pakistan. Also we had a huge handicap
which was that we could only sell the billboards to those advertisers
- either Pakistani or international - who had a presence in Pakistan.
We pulled it off and we were 100 per cent sold out by the time the
matches begun."
That said and done, Moms is all geared up yet again with their
second sports venture that is the Asia Cup, which started yesterday
(16 July) and is being played between India, Pakistan, Sri Lanka,
Bangladesh, UAE and Hong Kong in Sri Lanka. Says Balsara, "Whilst
the perimeter boards were sold bundled with the television rights,
all the other signage at the pavilion level have again been won
by us and they have virtually been sold out."
To say the least, there is a lot more cooking at Madison Communications.
Balsara promises, "There are some more new and interesting
units that have been planned which we will unveil over the next
few years."
So watch out
|