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Sticky!
One word that best describes MediaCom, one of India's earliest independent
media agencies. Its senior management has stayed put with it for
around a decade (the startup team still runs the agency) and it
has a very low attrition rate of its top brass, who have been with
the agency for a minimum of five - six years!
This,
in an industry where job-hopping is rampant. More so because of
this stability at the top, even clients have found it difficult
to sign off from MediaCom. Additionally, its hardnosed approach
towards researching everything has seen the agency pocketing an
Emvy for the past three years.
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The
stability called Jasmin Sohrabji
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The
independent media arm of the Grey Global Group - MediaCom - now
falls under the WPP umbrella post the latter's takeover of Grey
Global. However, the agency doesn't fall into the WPP's Group M
set of agencies as there has been no decision on that as yet.
"We
don't work like a MindShare or a Maxus, which are a part of Group
M. MediaCom will be a part of Group M as and when they announce
it but even then it will operate as a separate entity," says
MediaCom South Asia president Jasmin Sohrabji who's been leading
the agency since inception in 1996.
As
of now, it's only a 'working' decision that MediaCom will be the
third agency in the Group M portfolio -- third in most countries
and fourth in some because worldwide Group M now has three big agencies
- MindShare, Mediaedge:cia and MediaCom. Maxus, on the other hand,
doesn't have a presence in all countries.
The
Indian operation of MediaCom is jointly headed by Sohrabji and vice-president
Harish Shriyan. While Shriyan heads buying for the South Asian region
(India, Sri Lanka and Bangladesh), Sohrabji spearheads planning.
In India, the duo reports to Grey South East Asia president Nirvik
Singh and worldwide they report to MediaCom CEO Alexander Schmidt-Vogel.
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Clients
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Johnson
& Johnson
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SET
India
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Ruchi
Soya
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Foster's
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Gujarat
Ambuja
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Maxwell
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Wrigley-Joyco
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BSNL
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Department
of Tourism
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ONGC
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To
go back in time a bit, MediaCom India was spawned out of the erstwhile
Trikaya Grey's media department. While in its earlier days, the
agency depended almost 90 per cent on captive Grey clients, these
days the scene is different.
"As
a company we are quite independent on our own. Almost 60 - 65 per
cent of our business comes from MediaCom independent clients and
about 35 per cent of our billings come from Grey. There has obviously
been a growth process in terms of the dependence that we had on
Grey for business and for future investment in research and resources."
The
agency boasts of billings of Rs 5.4 billion and has been growing
at between 15 - 20 per cent year on year. Sohrabji pegs last year's
growth at 15 per cent.
"But
of course this changes regularly because we handle a lot of government
business regularly. So if there is a government campaign which comes
up like the India Shining campaign, then the billings will be higher.
Currently we are working on the ONCG campaign. When mega businesses
come up, then we make that 15 - 20 per cent growth rate," says
she.
Sohrabji
says the agency is in transition mode. According to her, it has
broadbased its client portfolio in order to reduce its dependency
on one or two big clients and has also been expanding geographically
to reduce its dependency on Mumbai for revenue. "Earlier, we
solely depended on one or two big businesses. The biggest growth
for MediaCom happened in the last three to four years where we have
reduced our dependency on one or two big AORs and have actually
got a multiplicity of businesses," Sohrabji says.
Additionally,
it has snared business in Delhi, Bangalore and Chennai (which it
set up in January 2005). It also has representative offices in Ahmedabad
and Kolkata to service Grey clients.
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Office
strength
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| Mumbai |
36
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| Delhi |
15
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| Chennai |
6
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| Bangalore |
5
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| Total
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62
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Mumbai
has Mamta Morvankar as the general manager and head of planning.
Three directors - Anil Vora, Girish Vyas and Grace Fernandez - handle
different pieces of the businesses in Mumbai. Recently MediaCom
decided to invest in outdoor as a separate cell within the company
with Vora at the helm.
Delhi,
is headed by MediaCom vice president Satyajit Sen and MV Suresh
is the media director for buying. Rama Nedungadi is in charge of
the Bangalore operations and Chennai has Shiva Shankar in the driver's
seat.
All
centers service their own businesses and the only common factors
are that Sohrabji and Shriyan oversee all the operations and Vora
will step in to help whenever a plea for help on the outdoor front
is made.
The
'pearl' in the oyster called MediaCom is most definitely the extensive
research that is undertaken. "All agencies undertake research,
but the fact is that everyone cannot do brilliant research,"
says a confident Sohrabji.
She
is quite lucid about the fact that MediaCom will always position
itself as a research-driven agency. The agency has been burning
the midnight oil to churn out top of the class television research,
which goes beyond ratings. "That is one area where a lot can
be done. The year before last we won an Emvies on a research - 'TeleOsmosis'-
that we did on light TV viewers. This was the first time in India
that anyone looked at light TV viewers. Today any agency that is
planning for television, looks at that research," she proudly
says.
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"Sipping
the brew!" The Mediacom team
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More
so, even competition is aware of their stranglehold as far as research
is concerned. Says Madison Media Group CEO Punitha Arumugam, "They
are a very strong media agency with great thinking skill. Research
is their forte and they also have had the opportunity to work on
some great brands."
Lodestar
vice president Nandini Dias concurs, "MediaCom has been consistently
churning out good research and they think that research is a very
important part of an agency. They also understand the difference
that it makes to planning and buying. Moreover, its steady leadership
gives stability to the organisation. Unlike many agencies, where
the media head is actually a business head; MediaCom is one agency
where the media head (Jasmin) is actually a media person."
However,
another media professional from a rival agency, who did not wish
to be named, had this to say, "It is very surprising that they
are not doing as well as they can. I believe that the agency is
not working as a cohesive whole. They probably have huge strength
in one area (research) and nothing to talk home about in other important
areas. They aren't looked at as a 'whole' media agency in the industry."
MediaCom
participates in every big pitch today and Sohrabji is emphatic about
the fact that one has to have something different. "It's fine
to have huge amounts of money and therefore set up a whole research
laboratory and say we do great research. It's another thing to not
have that kind of resources and still make that your focus. It's
a huge call for mid-sized agencies, like ours, to take. We're working
in a highly competitive environment and if I'm doing research it
has to be top of the class," she emphasises.
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| "Atta
Girl Jas!" - Receiving the Tam Media Research Award for
Best TV Research at The Emvies 2005 |
A feather
in their cap this year was that MediaCom was the only Indian media
agency that was shortlisted in the Best Use of Outdoor category
at the Cannes Festival for its ad for Emirates Airlines. Scoring
a hat trick a few days back, the agency yet again bagged the Grand
Emvies as also the Gold for the Best Media Research Award for Aviva
Life Insurance and the Tam Award for the Best TV Research that was
done on viewership in households that have a second TV set.
Click
here for an insight on the award winning TV research on
viewership in households that have a second TV set
"We
will add value to your weight!" That's the agency's positioning
statement. "Everything that we do in the media is not about
making recommendations that increase the brand's reach from 60 per
cent to 65 per cent or improve GRPs (gross rating points) from 400
to 450. We make sure that we make the same GRP levels work that
much harder. Our planning tools help us achieve that. It's not reach
but recall that we promise our clients," Sohrabji asserts.
The
agency also lays big wagers on innovations in their presentations
to clients (present or prospective). In fact, the last two pitches
that they won - Foster's in Mumbai and Wrigley-Joyco in Delhi -
were based on the strength of their innovations.
Click
here for Sohrabji's tips
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Way
forward for the agency
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MediaCom
is gearing up towards providing their clients with total communication
as it is one of the biggest challenges that any agency is going
to face in the future. "It's just not TV planning. One needs
to understand research to address that. Even now as an industry,
we haven't been able to make that leap of quantifying and measuring
that research. If we want to move towards total communication, then
the dependence on TV will go down and the dependence on non traditional
media will go up. We still don't have a way of actually measuring
and evaluating non traditional media's impact," opines Sohrabji.
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| Lapping
it all! Yet another feather in the cap at the Emvies 2005 for
Mediacom |
Also,
the fact of the matter is that television as a medium is not as
engaging as it once was due to high clutter levels. "We need
to find other media that engages the audiences and makes them recall
our brand. On television, we need to find ways of engaging the audiences.
One of the tools that we use constantly is 'TeleAppeal', which helps
us identify programmes on TV, which have a higher level of engagement
with the audience and therefore a higher recall," she says.
While
other media hotshots are moving towards specialised units for direct
marketing, sports, outdoor, new media etc, MediaCom doesn't have
any of these as of now other than the Investments and Outdoor unit.
But that hasn't been given a separate identity. "Going forward,
we will be looking at that but I don't want to go into it without
any preponderance," Sohrabji says.
Queried
as to whether the strength of the agency lay in planning or buying,
Sohrabji categorically pointed out, "We look at our strength
as a uniform offering. We don't think planning OR buying is our
strength. As far as buying is concerned, we are very capable in
good buying on our own, we also bring a lot of planning and research
insights in our buying and at the same time we are capable of doing
innovative buying."
Click
here for a peek into the nitty gritties of buying for television
J&J
senior product manager Ramesh Karra eulogizes, "We are very
happy with them as they understand and know our systems and needs
even better than we do. The roles of the agency and client are very
well defined. We share a unique relationship, which is not cut and
dry."
SET
India vice president marketing and communication Tushar Shah says,
"MediaCom has been one of the best agencies that we've had.
They have a depth of knowledge and their talent is deep rooted.
The agency has great people at the top who have developed and trained
people under them. It has played a key role in all our planning
for Sony and Max with strategic and insightful inputs. MediaCom
is not a very big agency, but it is a perfect blend of an organization,
which is the right size, has the right people and talent. Another
important aspect is that Jasmin is hands-on on the job, available,
and personally attends all meetings."
Sohrabji
is clear on the fact that she does not want MediaCom to be seen
as agency that provides clients with cutthroat rates. "I want
MediaCom to be big, but I don't want it to ever get into playing
the volume game. Even on buying, we would like to position ourselves
with uniqueness," she states.
"While
today, we are doing most of our research in TV, five years down
the line we still want to be pegged on the same platform but we
want to do it in new media because that's where the future is going
to be. At present, we are still a very traditional media offering,
so we would like to see ourselves as a more holistic media offering,"
she avers.
Shall
we say Amen to that!!
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