MAM

Bridgestone ups marketing budget by 20% in 2012

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2017/10/03/Sachin-Tendulkar.jpg?itok=nddk9Bah

MUMBAI: Japanese tyre manufacturer Bridgestone India has upped its marketing spends by 20 per cent to Rs 300 million this calendar year with 40 per cent of the total spends set aside for television, according to a company executive.

In the previous year, the company had a marketing spend of Rs 250 million, half of which was allotted for television.

The company, which is a heavy user of sports as a marketing platform, believes its recent tie-up with World Series Hockey (WSH) coupled with its sponsorship of Sachin Tendulkar-led Mumbai Indians will pay it rich dividends. The tyre manufacturer announced earlier this week its title sponsorship of WSH for the first season of the tournament.

?Partnering any form of sports is a natural extension of our marketing philosophy; we have been doing it for so many years now ever since Bridgestone Corporation was conceptualised. It helps us to connect to our target audience and in achieving our marketing strategy as well,? Bridgestone India GM PSR Sales & Marketing Vaibhav Saraf told Indiantelevision.com.

He further added, ?We started advertising in India in 2011 last year around April and the first thing we did was partnering with Mumbai Indians as associate sponsor. So we are quite keen on tying-up with sports events in India mainly from the perspective that it goes directly to our audience and that is a much salient way of putting your brand to your customers.?

Bridgestone has a three-year sponsorship deal with Mumbai Indians effective till 2014. As the title sponsor of WSH, besides getting the title naming rights of the event, the tyre brand will also have on-air rights as part of a combo offer.

Globally, the tyre manufacturer is associated with events like National Hockey League, National Football League and World Golf Championship. Its long-term association with F1 ended in 2010.

The company counts youth as its core target group and, hence, the connect with sports. "In India, all guys with car are part of our TG and in terms of age of course male 25+ Sec AB and R1 (top social rural class),? Saraf explained.

The brand hopes to derive the same mileage out of WSH sponsorship as it did from the IPL association through Mumbai Indians. Saraf expects WSH to deliver return on investment of at least Rs 100 million in terms of brand awareness.

The hockey association, the company believes, will help in the North Indian market where it is weak and the game has been traditionally popular. The company also sees its 2000 dealers across India as a major consumer touch point.

?Our evaluation is that we expect to get returns of at least Rs 100 million in terms of brand awareness and that?s the reason we have partnered WSH. The North belt has been a weak link for us and Hockey is tremendously popular there. We are also trying to tap into that segment which is not very keen on IPL and GEC. They have their own flavour, so we are trying to address those customers from Hockey,? Saraf held.

Bridgestone?s marketing activity around the league will be limited to BTL since there is not much time left for the tournament. ?Most of our ATL activity will be taken care by Nimbus and Neo Sports, we will not spend much on ATL activities. But for the BTL activities, which will be mainly to drive traffic to the stores, we will be spending on campaign and a lot on sales promotional materials,? Saraf affirmed.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/Rubeena-Sigh-CEO-iProspect-India_hirespic.jpg?itok=8sjWWNiQ
iProspect India launches initiative to empower women

iProspect India, the digital performance agency from Dentsu Aegis Network, has announced its Women@iProspect initiative that will focus on safety, gender diversity, and leadership for its female employees. The initiative is a part of its Women@Dan programme.

MAM Media and Advertising Digital Agencies
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/mm.jpg?itok=5I7BE3LL
Mumbai Mirror launches the 2nd leg to the city-wide campaign ‘Operation Khataara’

Mumbai Mirror, the city’s favorite daily, takes its civic campaign ‘Operation Khataara’ to the next level by launching a multimedia campaign.

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/role.jpg?itok=I0e8t7go
Role Expansion for Vincy Jathanna, Ipsos Observer IndiaService Line Head

Keeping in view Vincy Jathanna’s stellar performance in growing the business of Ipsos Observer in India

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/WATConsult.jpg?itok=ls3AI8Ud
Guest Column: To win and how to win - The always good question in advertising

Advertising - the shiny shop front of marketing, is famously not a fixed entity. It moves, morphs, adapts, transfigures, gets deformed and always rests with a new face every few months.

MAM Marketing Brands
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/Abhyuday_Jindal-Ajey_Shiledar-Anil_Nair.jpg?itok=hIE2hNZx
L&K Saatchi & Saatchi wins creative mandate of Jindal Stainless Group

Leading Stainless steel conglomerate, Jindal Stainless Ltd. has announced the appointment of L&K Saatchi & Saatchi as its creative Agency on Record (AoR). The appointment follows a multi-agency pitch, which was won convincingly by the Publicis Groupe-owned agency for its superior...

MAM Media and Advertising Account
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/Olympic_Gold-Tata_Motors.jpg?itok=7PDtt9QW
Tata Motors launches elite wrestlers development program

After announcing itself as the principal sponsor of the Wrestling Foundation of India (WFI) in August, Tata Motors Commercial Vehicles Business Unit (CVBU) has further extended its support to the sport in an exemplary way by setting up the ‘Tata Motors Elite Wrestlers Development Program’. The...

MAM Marketing Brands
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/Believe.jpg?itok=Kd-jOrDg
Thrive Global India launches editorial campaign - 'Believe'

Thrive Global India recently launched its editorial campaign “Believe”, which will tell extraordinary stories of finding and nurturing belief in situations that, at the outset, appear bleak. This was kickstarted by an honest conversation between Thrive's founder and CEO Arianna Huffington and actor...

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/12/ficci.jpg?itok=4K2Fvclx
Indian Foodservice industry to reach Rs 5,52,000 crore by 2022 with a 10% growth

Industry leaders of the Indian Food Service Retail sector today highlighted the upcoming golden decade of the growth in the industry driven by the changing consumer behaviours and influx of technologies within the business.

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/12/PPL.jpg?itok=JQRkXGlN
SIMCA Members join PPL, for monetizing their Public Performance Rights

Members South Indian Music Companies Association (SIMCA) has entered into an agreement for monetizing its public performance rights with Phonographic Performance Limited (PPL).

MAM Marketing MAM

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories