MAM

Indian Media Review: Shashi Sinha addresses the elephant in the room -- common measurement

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/10/14/sashisinha1-800x800.jpg?itok=Fm55IZqL

MUMBAI: All eyes were trained on this year’s media review by The Advertising Club, what with the stalwarts of the industry repeatedly endorsing it on the social media weeks before the event took place. And indeed, the topic that the session addressed hit close to to every stakeholder in the industry alike -- be it publishers from across media, advertisers or media agencies. It was on having a common currency of measuring the effectiveness of media for advertising across platforms.

IPG Mediabrands CEO was one of the key speakers at the review. Shashi Sinha started off on a more comfortable note of how agencies can help businesses grow with an effective measurement.

According to him, “Instead of complaining that clients are demanding more accountability from the media they bought, agencies need to understand that better measurement gives CMOs better rationale for justifying better budgets.”

This ‘better measurability’, as per Sinha, is being achieved in several ways at present, primarily -- introduction of BARC’s measurement system for broadcasters, revival of the Indian Readership Survey (IRS) by next year, and digital.

The issue, Sinha emphasised, came down to whether the fraternity wanted to take a few more steps further to improve the system of measurement across media after understanding the need of the hour or whether they wanted to stall the progress and delay the combined measurement system.

Speaking specifically of the digital measurement system, Sinha shared that it was wrong to expect a panel of digital platforms or ‘OTT’ players to be self regulators of their measurement systems, given that the category is extremely fragmented. Therefore, he openly asked if "digital publishers are willing to be measured by third parties and be transparent with their numbers?”

Highlighting how the IRS, which Sinha expects to be fully functional in eight months, will increase the sample size of print publishers by 40 per cent, he added that multimedia evaluation was also being considered by the board.

Sinha expressed his welcome surprise at the Audit Bureau of Circulation (ABC) testing the measurement possibilities in the publishing side of digital (as BARC only caters to video consumption measurements). “Unlike video measurement, it is relatively cheap and is actually already functional for the last three to four months. We just need the heavyweights in the medium to come to a consensus for it to be fully rolled out,” Sinha added.

After addressing and updating the audience about the different scopes of measurements in each media, Sinha quickly moved on to emphasise the need to have a common source of truth or ‘a single view of truth’

This brings him to suggest the ambitious idea of Media Research Users Council (MRUC), the IRS, BARC and ABC to come together to contribute to a common pool of data that can be further sliced and diced in accordance with each media based on the clients requirement, although Sinha agreed that currently major challenges were in making that thought become a reality.

Instead, one could start with thinking along the lines of a measurement currency that each media can be compared in, and according to Sinha, it is CPT,

“Television measurement needs to move from CPRP to CPT format, and that's a good starting point of having some commonality of currency between mediums. Publishers need to understand that moving from one currency system to the other doesn’t bring any difference in the buying and selling equation with clients. That will always be based on the demand-supply ratio,” assured Sinha, adding that the current CPT of channels is actually an opportunity to drive growth.

CPT or Cost Per Thousand is basically the advertising cost of reaching a certain number of viewers in a defined target group on television, while CPRP or Cost Per Rating Point is the cost of advertising time on television based on the price of time for a single rating point generated by the channel.

More mature markets such as the US, the UK and Germany have already switched to CPT as a currency when buying and selling television media.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/09/GioneeS6_0.jpg?itok=g8U0rRa6
Mobile+Services replace FMCG as top advertisers in BARC week 48

BENGALURU: As per BARC week 48 data on top 10 brands Across Genre: All India (U+R) : 4+ Individuals, Mobile hand sets and Services replaced FMCG as the top advertisers in the list with 43.88 percent of the insertion in BARC’s top 10 list for week 48 (Saturday 26 November 2016 to Friday 2 December...

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/08/naresh.jpg?itok=sgeWsbwM
Span Communications wins IBA Cyber Security mandate

MUMBAI: Span Communications has won the media and creative mandate of Indian Bank’ Association’s campaign on Cyber Security Awareness in a multi-agency pitch. The media campaign ran during the International Cyber Security week, starting 30 November, 2016.

MAM Media and Advertising Account
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/08/Happydent.jpg?itok=A8c497IH
Happydent: Smile Please, kids

MUMBAI: Leveraging the fact that 'smiles are contagious', Happydent has teamed up with Smile Foundation, an NGO that works with underprivileged children, for a new campaign called 'Happydent Smile Please.'

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/08/Rohan-Bhansali--Co-founder-%26-Director%2CGozoop.jpg?itok=bYyZYHEN
Gozoop wins media duties of Regal Shoes

MUMBAI: Gozoop has bagged the media duties including digital and creative for Regal Shoes. The agency will be managing the rebranding of the shoe brand across all media platforms.

MAM Media and Advertising AD Agencies
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/08/Shan-Jain.jpg?itok=1EcE8RyE
GroupM's Shan Jain joins Publicis Media India

MUMBAI: Former GroupM executive Shan Jain has joined Publicis MediaIndia as the head of business transformation practice. Jain’s last stint was with GroupM, as Principal Partner, Client Leadership at Mindshare.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/08/Rubeena-Singh-800x800.jpg?itok=qwNRBb6C
Bhargava new DAN Performance Group CEO; Rubeena to lead iProspect

MUMBAI: iProspect India, the digital agency from Dentsu Aegis Network, has appointed Rubeena Singh as its CEO effective this December, as its former CEO Vivek Bhargava is being elevated to a larger role of CEO of DAN Performance Group. Bhargava will head all the Digital Performance Agencies of...

MAM Media and Advertising People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/08/Gurbaksh-Singh-800x800.jpg?itok=oP8kY0DA
'Sweat It To Get It', recommends Gatorade

MUMBAI: The iconic sports drink brand has come up with a vending machine that dispenses Gatorade only if you work up a sweat…In line with its international brand positioning, Gatorade India has kicked off its new campaign with ‘Sweat It To Get It’.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/08/Suresh-Prabhu.jpg?itok=Cqfoyu3j
Commercial ads to aid Rail Radio Service

NEW DELHI: Installation of entertainment through Public Address Systems in trains will be operated by selected licensees, through commercial advertisements. As a result, this will not involve any expense, the minister of state for railways Rajen Gohain said. As announced by the railway minister...

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/07/Tanmay-Mohanty_0.jpg?itok=2GxsCYqy
India among top 10 contributors to ad spend growth: Zenith Ad-Ex Forecast

MUMBAI: Publicis Media Company Zenith has just released its new Advertising Expenditure Forecasts in which it predicts that global ad expenditure will grow 4.4 per cent in both 2016 and 2017, reaching USD 566 billion by the end of 2017. Zenith predicts that ad expenditure growth for India in 2017...

MAM Marketing MAM

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories