Specials

What 2020 taught me about the advertising business

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2020/12/28/gautam-reghunath.jpg?itok=x2izCZhY

MUMBAI: Indiantelevision.com is happy to bring you the year ender 2020 series Throwback 2020– a wrap  up of major developments in the media, entertainment, advertising and marketing sectors during one of the most challenging 12 months mankind has faced in a century. We are also bringing you perspectives from executives – their POVs – of the year just gone by. Here’s one from Dentsu Webchutney CEO Gautam Reghunath, wherein he talks what the annus horribilis has taught him and his team at the agency. Read on to learn more from him. 

Your Core Team Will Make or Break You.

Great teams aremade through endless iterations of roles cultures, processes, structures and tackling problems when they emerge. They are more than a bunch of well performing people put together. The only way to build these teams is through endless optimisations of how this team works together. I’ve never been more thankful to have had this core in place. Investing in culture and setting up a great core team has always been a priority at Webchutney but the last 12 months have just solidified how it is especially important during a rough year. 

Agency creativity is now a rare product. We’re doubling down on it. 

The truth is that over the past decade, creativity as a service has taken a back seat at most big agencies. In our industry right now distribution, productivity and  efficiency are what’s valued, but the side effects are that they are all becoming commoditised. There’s little differentiation between agencies. As for Webchutney, it is only smart for us to maintain our focus of differentiation to creativity, a truly scarce resource whose value is always on the rise.

Remote-talent might just have saved advertising.

Clever, creative people don’t just live in big cities. Social media platforms have thrived on it but advertising will have to learn to embrace creativity from across the country for its own sake. But not before a serious change to what’s required. Remote work requires new infrastructure and management styles that we aren’t used to or taught. The hardest challenge with remote is trying to change the fundamental nature of agency floors: we're social creatures, we communicate synchronously, we ideate together, often loud. Self-discipline is hard. In advertising, it’s even harder. Companies which figure it all out have a massive talent arbitrage opportunity.

Resourcefulness and initiativestood out more than ever this year.

Resourcefulness is a competitive advantage. Too many organizations hire when they should be optimizing the people they’ve already got. Efficient people want to work in an efficient environment. The people who have stood out for me this year are the ones who’ve shown excitement about the opportunities for us this year, an ability to contribute the right way and those who’ve displayed apotential to learn and adapt. Initiative is contagious.

Client relationships – stop taking them for granted.

Over a period of time, agencies typicallystart takingclient relationships for granted. But the reality is that every day, they’re choosing to be your client or not. No year has this played out more than 2020. Somewhere a client relationship starts resembling a subscription you renew every year. Digital agencies who’ve grown up on project work might deal with this better. We’ve fought so hard for a seat at the table over the years that because we were always pitching, we developed a skill of communicating who we are and what we’re bringing that some of the older agencies forgot to do consistently. 

Make a Plan, But Don’t Plan on Sticking to It.

Dwight D. Eisenhower once said, “Plans are nothing; planning is everything.” The key decisions this year challenged my willingness to evolve more than my aptitude or intelligence. 2020 taught me that you can make progress by planning but it’s more by deviating that the chances of success increase. It’s also proven to us in advertising that that we have so much more to learn as an industry on how to reinvent ourselves. Nobody ever regrets making fast and decisive adjustments to changing circumstances.
 

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/07/31/hub.jpg?itok=0lIt3rO0
Content Hub 2021: Growing relevance of language personalisation in OTT advertising

The last one and a half years have escalated the pervasiveness of the OTTs and streaming platforms in our lives like never before. Not wanting to lose out on their share of the OTT marketing pie, brands have begun exploring promotions and advertisements on these channels.

Specials Event Coverage Content Hub
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/07/30/hub_0.jpg?itok=uqdExY3J
Content Hub 2021: Content marketing - the most efficient tool for brand building

With five shows running across platforms, two delivered, and another five lined up for 2021, TVF president Vijay Koshy is looking forward to an exciting second half of the year!

Specials Event Coverage Content Hub
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/07/30/hub.jpg?itok=fArV1P6V
Content Hub 2021: Viacom18 Studios' Ajit Andhare talks about creating cinematic experience on OTT

As theatres remain shut all through the pandemic, audiences were left with no option, but to turn to the OTT platforms for entertainment. The transition compelled major studios, and production companies to take a relook at their strategies and gear up for the big digital revolution that began...

Specials Event Coverage Content Hub
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/07/29/tv.jpg?itok=KnXdfCzb
Content Hub 2021: Television – A Twist in the Tale

At the fifth edition of the ‘Content Hub 2021 - TV, Film, Digital Video, and Beyond’ being organised by Indiantelevision.com, veteran producers from the media and entertainment industry delved into the state of television programming in the context of growing competition from OTT platforms.

Specials Event Coverage Content Hub
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/07/29/ani.jpg?itok=VpnQUF3y
Content evolves, but the heart of storytelling remains the same: Boman Irani

Almost two decades after making his debut in the Hindi film industry, renowned actor Boman Irani is now all set to don the writer’s cap for his first movie as writer-director. “Writing is the way to go,” says Irani emphatically, as he begins to share his vision of filmmaking on the first day of the...

Specials Event Coverage Content Hub
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/07/28/photogrid_plus_1627479541101.jpg?itok=LOQBSAi0
Content Hub 2021 : Insatiable demand opens up vast opportunities for content creators

New Delhi: The pandemic may have stalled theatrical releases of big budget movies, but people will throng cinema halls once the pandemic situation eases out, opined leading film, TV and OTT producers as they gathered to discuss the entertainment industry’s evolution at the fifth edition of the...

Specials Event Coverage Content Hub
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/07/28/ch.jpg?itok=Zgn9BBAV
Content Hub 2021: Stage is set for the mega gathering of content creators

The stage is set for one of the biggest gatherings of content creators from across media platforms. The fifth edition of Indiantelevision.com’s biggest initiative- Content Hub 2021- ‘TV, Film, Digital Video, and Beyond’ begins on 28 July (Wednesday), 11 AM onwards.

Specials Event Coverage Content Hub
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/07/26/ch.jpg?itok=M4k1HDCE
Fifth edition of Content Hub 2021 all set to get underway on 28 July

Change is the force of nature. More so, when it's catalysed by digital technology, that not only transforms the way we live, but alters the way we envision the world. The last few years have done exactly that, disrupting the world of media and entertainment and heralding a new era where content is...

Specials Event Coverage Content Hub
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/17/david_beckham.jpg?itok=1KbuPdU6
David Beckham to talk Studio 99 during Digital MipTV keynote

Paris: Global sporting icon and legendary football player David Beckham will be the keynote speaker at the 58th edition of the Cannes TV market Digital MipTV. The event is all set to begin on 12 April and will be a virtual affair for the second consecutive year. The 2020 edition was also forced to...

Specials Event Coverage Miptv

Sign up for our Newsletter

subscribe for latest stories

* indicates required