About
my stint in Starcom
I am the latest addition to the 'Starcom'
family. I come here in the capacity of general
manager - investment and new initiatives.
That actually puts me incharge of three large
responsibilities - of improving the already
high standards of buying in Starcom; sourcing
new business; and implementing the dream of
initiating the first media agency to have
a strategic interest in sports and the digital
world. I look after Starcom Sports and Starcom
Digital and look forward to giving you some
surprises on those fronts.
It
was Ravikiran, and the excitement of working
for Starcom - a company I have always admired
for it's difference in approach. This is what
persuaded me back to advertising and buying.
Previous
stints
My
previous stints have been quite interesting
and challenging. I did some small time jobs
during my graduation including compering and
assisting production for the local Doordarshan
channel in my hometown Jaipur.
After
my MBA, I stayed on in Mumbai and joined FCB-Ulka
in 1995. Thanks to my (then) boss, Kalpana
Rao, within six months of joining, I ended
up handling planning for some 17 accounts
over 11 clients, all by my own. I was too
young to have someone working with me; probably
responsible and enterprising enough to not
need a day-to-day boss. Then, they transferred
me to Delhi to handle the extremely media
(planning and buying) sensitive Whirlpool
and other accounts like HP, Tatafone, Tefal
amongst others.
When
I moved on to became a media director in Everest
- Delhi, most people "pooh-poohed"
the very reasoning behind making a person
like me - with merely three and a half years
of experience - a media director. I hope I
proved them wrong. I handled blue chip accounts
such as Honda, Panasonic, GPI successfully.
I
also helped our agency in winning AOR accounts
like GPI, Panasonic and expand revenue streams
from old clients like Pan Parag and Eenadu.
I also helped take care of key accounts like
Parle, in Mumbai.
Just
when I was getting limited by the size and
vision of the company and its dependence on
the elder brother Rediffusion, Rohit Adya
- the then CEO of Vijay TV - recruited me
as the head of sales. My first foray into
television sales and later marketing was also
the most enriching one.
It
was unfortunate that I had to move from Vijay
TV, as ownership changed hands. I forged some
of my best professional friendships here.
BBC
World was the next stop but I did not really
spend sufficient time here. But for the first
time in my life, I learnt how to behave like
a small fish in the 'ocean'; and learnt in
a true sense what the jargon, 'global', meant.
My learnings of how systems can and do really
work all came from here.
Biggest
challenges
1. To not get affected by criticism.
2. To be able to "shut up" when
I have nothing to add.
3. To be able to write a ''20 slide only''
presentation.
4. To make a mark with Starcom Digital and
Starcom Sports.
5. To justify to my family as to why I left
a 'safe' option like BBC.
6. Till date, the biggest challenge has always
been to justify my responsibility vis-à-vis
my age and experience.
Successes
that gave me joy
1993 - Finishing college with a first class
and getting selected in NMIMS when my dad
was almost trying to fix me up in a clerical
position in LIC of India.
1995
- Getting chosen by three companies and being
shortlisted by another four in a single placement
day. So what if it was day three!!
1997
- The only person to be double promoted in
FCB-Ulka.
1997
- Convincing my then girlfriend to become
my wife when I was spending 16 hours in office.
1998
- Became the youngest media director in the
country.
1999
- Earned more new revenue in media than all
my counterparts put together in servicing
including the ''New Biz'' guys.
1999
- Convincing media baron Ramoji Rao to use
yellow as a base colour in his campaign even
when he associated it with yellow journalism.
2000 - Being probably the first media person
to service three large accounts as a KRA and
being involved in shooting and production
of three ad films for Eenadu.
2001
- Busting the myth that good planners/buyers
are not good sellers by registering a sales
growth of more than 40 per cent in Vijay TV.
2002
- Being awarded marketing along with sales
within six months of joining Vijay TV.
2002
- Signing the first pan-Asian deal for BBCW
India and the first naming right on a programme.
2003
- Three of my clients went on to be amongst
the top 20 spenders on BBC.
Failures
- that I learn from
1. FCB Ulka thought I was too "cut
and dry" to be put in client servicing.
2.
In keeping the AORs within the Everest system
rather than transfer them to Rediffusion,
inspite of playing an important part in earning
them.
3.
My dream project - India's largest treasure
hunt - earned a TRP of less than one when
Vijay TV had put all its resources behind
it. It was still a very successful initiative
in revenue terms. But the final result somehow
hurt my confidence tremendously.
4.To
convince indiantelevision.com that I am not
a rising 'star'.
The
importance of network and technology
I thought BBC, my previous organisation,
excelled at providing technology and was an
ace at networking within the organisation.
Starcom, I reckon, is also known to provide
the best of knowledge pool, through shared
learning.
One
is encouraged to probe issues and generate
ideas through 24-hour access to network sites
and the net.
'Mission
Control's is the Intranet site where all employees
of Starcom Worldwide can and do share experiences,
learning, case studies and non-classified
client information. On this account, I have
been lucky in my recent past.
The things that need to change in my domain
of media planning and buying
Funny that what needs to change is not
anything to do with technology, science or
process. It is something very human and behavioural.
I
sometimes laugh at the way it has become fashionable
to talk of buying not being equal to bargaining.
Most people still don't walk the talk. While
everybody talks of the best buys and bargains
they are able to ''squeeze'' out of media
partners, they fail to understand the value
that can be generated given the simple fact
that in any single deal, individuals interact
with individuals and not machines or companies.
The
more you want to squeeze - the more the resistance;
the more the initially quoted price; and the
less the thinking on real value creation.
Do we notice that it is often more difficult
to fight open a tightly closed fist, than
to offer a shakehand to do so?
Have
you ever heard of a seller telling you that
she is selling his product to you at anything
but the cheapest rate for such a buy? How
many times have we encouraged rather than
'squeezed' a seller to break a rule or think
out of the hat for you.
In
my experience as a seller, I have actually
given the most to people to encouraged me
or my guys to think as if their brand was
my own and then place an offer. Squeezing
helps, but not beyond the point.
Doesn't
one relate to the old grandma story of the
hen that laid golden eggs? You can squeeze
the hen's throat once or can keep collecting
the golden eggs.
I
would love if media buyers could share a brief
with the seller, give them an opportunity
to put up a proposal and negotiate with a
few of them who come close to understanding
and responding to the brief.
People
who think it is too time consuming a process
should try and answer two questions:
1.
What if their clients were to similarly treat
them as a supplier and not a partner?
2. Doesn't it take more time to individually
meet each seller to brief than to actually
mail a brief and tell them to respond?
Amongst
the various experiences I have collected being
on both sides of the negotiating table, learning
to appreciate the value the other one can
bring to the table is the most cherishable.
Perception
of TV as medium
Having
worked on television as a planner, buyer and
in marketing, acquisition and sales - I do
have opinions on it. I do believe that TV
is a natural extension of this century woman's
(and man's) eyes and ears.
It
is the only medium where a combined consumption
in the family happens. The 'eat' in 'the family
that eats together sticks together' can now
be replaced with 'watches TV'. It not only
defines the lowest cost to reach the masses
in the country but the best way to do so,
too. There are 'passion groups' Starcom has
noted, which actually watch the same episode
of a serial in the next day's repeat telecast,
that they had watched in primetime on the
previous day.
Naturally,
it's reach and relevance in the Indian context
is unparalleled. However, we ain't seen nothing
yet! Television here, still operates in the
context of huge number of eyeballs and we,
as planners, buy them in truckloads. There
would be a time when the difference between
a general interest channel and the special
interest channels won't be much.
Interactive
TV would be the reality and everywhere and
ten we would laugh at how TV in 2003 was.
Can any other medium provide such dynamism?
Nope..
Hobbies
and passions
Hobbies
include things that I don't get to do anymore
- tennis and swimming in sport, creative writing
and dramatics in art, catching up with old
girlfriends and Rotaract activities in community
services!!
Two
passions - one to keep my wife happy (she
is a high maintenance one!), and two - work,
mutually exclusive sets!!