MUMBAI: Move over Cricket World Cup, welcome Indian Premier League (IPL) Season 8!
With the home grown league becoming a global reputable property, GroupM ESP (Entertainment & Sports Partnerships), has predicted top trends in 2015.
Commenting on the trends for this season, Group M ESP national director Vinit Karnik said that the sports entity has come a long way in how it addresses sponsorship sales and convergence of technology. “From selling tickets to selling an experience, IPL has come a long way. This further extends from the execution of sponsorships across major platforms — all the way to the idea/solution generation phase during the sales process,” he added.
Karnik also stated that in 2015 teams will continue investing in the in-stadia experience content delivery. With feeds available through internet, Sony’s regional channels, mobile applications etc the content is truly taking the center stage. “It makes sense because if fans aren’t in the stadium consuming content, they’re consuming it somewhere else — work/ home/ in a cafe… wherever,” he informs.
According to him there will be an amalgamation of technology integration and enhancement throughout the sport. The proliferation of video and statistical information backed by increased social exchange will define the popularity of teams.
Uniquely positioned at the intersection of media and marketing, GroupM ESP has made the following predictions:
1) Smart talent acquisition by franchises increasing competitiveness with teams evenly matched.
2) Enhanced broadcast production quality with regional language feeds from the broadcaster MSM.
3) Fan Park idea will heighten interest and involvement in smaller cities and towns.
4) Digital platforms to create sustained and deep engagement with real time analytics.
5) Surround content to drive social conversations via social media platforms.
6) Technology to enhance spectator interactions and engagement inside stadium.
7) Realistic sponsorship pricing strategies resulting in repeat purchases and a stable sponsor ecosystem.
8) Apparel as an emerging and popular sponsor category among franchises.
9) Sponsor's increased dependence on crowd sourcing to create excitement around their brands .
10) E-commerce brands will dominate ad spends on broadcast platform.
“In all aspects, IPL offers a consumer delight by integrating newest technologies and enhanced fan experience while building affinity with future generations of fans who have moved from passive viewers to engaged amplifiers. We also see a lot of new generation brands jump onto the IPL bandwagon, making it a high spend high visibility and now high engagement business,” concluded Karnik.
Gautam Adani's AMG Media Networks is said to have purchased a 49 per cent stake in Quintillion Business Media Pvt Ltd for Rs 48 crore. While the decision to acquire was announced in May 2022, Adani Enterprise Ltd revealed in a stock exchange filing on 27 March that it acquired the stake on that...
Mumbai: News18 Bihar/Jharkhand has re-launched their popular show ‘Bhabhi Ji Maidan Mein Hain’. The show was first launched during the assembly elections in Bihar and gained immediate popularity due to its unique and interactive format. The show was then discontinued due to the pandemic.
Mumbai: The gaming industry is witnessing the rise of an exciting new segment: Paid Competitive Gaming or PCG. A new report titled "Global Paid Competitive Gaming Report 2023," launched at the Game Developer Conference in San Francisco, revealed that the PCG market is expected to reach $16 billion...
Mumbai: TCL, a consumer electronics brand, has demonstrated its commitment to its customers, with the announcement of several high-profile sports sponsorships, spanning a variety of disciplines across multiple markets. TCL understands the impact sport has on the hearts and lives of people from all...
Mumbai: The summit clash of the inaugural season of TATA WPL between eventual champions Mumbai Indians and Delhi Capitals saw more than 10mn new viewers tune in. With that, the first season of TATA WPL on JioCinema delivers the highest viewership on any Women’s events globally. JioCinema also...
Mumbai: It’s raining brand ambassadors by the broadcasters of the much-awaited cricket extravaganza of the country, the IPL 2023. Disney Star and Viacom18 clearly want to get the better of each other. Star Sports and JioCinema are undeniably at war, and both have got the superstars of the game to...
Mumbai: IndiaDotcom Digital Pvt Ltd. (a Zee Media Company), India’s most diversified digital media and information network, hosted the fourth edition of its digital–only BollywoodLife.com Awards on 24 March 2023, via website and social platforms - Facebook and Youtube. This year’s Bollywoodlife.com...
Star Sports, the official television broadcasters of the TATA IPL 2023, launches a ‘Subtitled Feed’, a first-of-its-kind initiative in sports broadcasting in India, for the hearing impaired.
Smriti Irani, Union Minister of Women & Child Development and Minister of Minority Affairs, will be the Chief Guest at the 19th edition of the Business Today Most Powerful Women in Business Awards, to be held on 29 March in Mumbai.