Second take (Mumbai)
(27 December 2002)
Inside Dope spoke to some advertisers
and media planners in Mumbai. Here are some juicy titbits:
* A senior media director claimed that everyone
was playing a 'wait-n-watch' game till 15 January 2003.
* On 24 December, the DD-Nimbus combine had claimed
to have booked 91 per cent of its total inventory.
* Post- Christmas, MAX officials claimed that they
had touched the 50 per cent mark and were confident of exhausting
their entire inventory by mid-January 2003.
* A media planner also added an interesting titbit
about the fact that DD managed to get 20 percent of the pie (Rs
2.2 billion) in the last World Cup. He deduced that the total
World Cup spend is slated to increase to Rs 3.7 billion in 2003.
* Another media planner in a medium-sized agency
wrote to Inside Dope stating that certain mass entertainment
channels were offering heavy discounts. These channels were trying
to pre-empt the advertisers by making a pitch for the existing
budgets in advance.
* The reasoning being that the budgets for the next
quarter were being finalised sometime now. It was estimated that
it would be difficult for clients to source additional budgets
closer to the World Cup.
*A certain channel was willing to discount up to
Rs 100,000 on its card rates for a highly popular soap. Another
channel had offered bonuses for early booking commitments.
* A media director informed Inside Dope that
a certain general entertainment channel was oblivious to the World
Cup onslaught. The channel had announced a slew of new programmes
starting January; just like in the previous years.
* Another media planner in a top agency claimed
that the TRPs of the soaps will fall by around 18.6 percent during
the World Cup.
* An aggressive media buyer from a medium-sized
agency claimed that a rate of Rs 95,000 for DD and Rs 80,000 for
MAX would be a good buying rate for the World Cup.
* A cola company has created a new record in ad
spend budgets during the World Cup.
* A company manufacturing and selling gutka products
is planning to spend heavily during the World Cup on MAX.
* A two-wheeler company has bought the fall of wickets
property on MAX.
* A company manufacturing suitcases has also taken
some properties on MAX.
* The only Indian car-manufacturer has decided to
stay off the World Cup.
* The media fraternity has expressed serious doubts
about the forecasts and optimistic views expressed by Nimbus about
getting 60 percent of the total ad spend.
* A public sector lubricant company has bought 120
second spots on MAX.
* A two-wheeler company has bought 150 seconds spots
on MAX.
* A public-sector owned insurance company has brought
about 60 seconds of air time on MAX for the World Cup.
* A large private sector bank has brought 90 second
of air time on MAX for the World Cup.
* Some media planners have pointed out that a senior
media buyer who was supposed to be strongly advocating the DD-Nimbus
cause has actually gone on record earlier the year stating that
C&S homes and DD audiences are mutually exclusive.
* Other media buyers claim that C&S homes are
currently hogging more than 80 percent of the total ad spends.
They feel that status quo wil be maintained during the World Cup
2003 ad spends.
* Inside Dope has heard that a senior Sony
official met some financial analysts and made presentations; claiming
that MAX will bag Rs 2.6 billion during the World Cup 2003.
* The Sony official, it seems, also claimed that
the channel will charge a 30 percent premium on the rate given
to advertisers during the Champions Trophy; offering an effective
rate of US $6000 per 30 seconds.
* Many financial analysts also feel that advertisers,
who have been belatedly bitten by the World Cup bug, are likely
to increase their budgets by a maximum of 10 percent in order
to jump on to the bandwagon.
* A media planner justified a slightly lower than
usual poor offtake by stating that caution is the buzz word now.
The World Cup has come around the end of the financial year for
lot of companies.
* Another savvy media buyer agrees and claims that
most of the advertising & marketing budgets have been either
exhausted or committed. The returns in terms of immediate offtakes
or sales will be hard to judge for the World Cup event since the
advertising would build brand equity/preference in the long run.
* A certain planner added that the short term results
of advertising during the World Cup can be measured for only those
campaigns which are either promo; contest driven; or if a brand
drives footfalls thru the advertising and communications.
* It is expected that consumer durables companies
will use the World Cup to drive the summer sales of ACs and refrigerators.
It is believed that the World Cup could be an ideal vehicle to
showcase their latest models, features etc...
* A certain media buyer added that the bigger spenders
will wait and watch for the rates to fall. It is believed that
the CPRPs have to be comparable, if not better than some mass
entertainment programmes.
* The above mentioned fact is particularly true
of those clients' whose association with cricket only remains
at the viewership levels. As long as the event delivers in their
target group (in terms of ratings) they will be happy to ride
the wagon.
* However, brands which have intrinsic tie-ups or
associations with cricket will want to strengthen the relationship
through sponsorship. For most other brands it is a game of utilizing
a property which will deliver maximum ratings at that point of
time.
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