Showing posts with label OOH campaigns. Show all posts
Showing posts with label OOH campaigns. Show all posts
Tuesday, May 23, 2017
Friday, April 7, 2017
Tuesday, May 27, 2014
OOH industry buoyant after landmark NDA win
Following the BJP-led NDA’s sweeping win at the Lok Sabha Elections, there is a sense of optimism among India Inc. The general opinion is that this feeling of well-being will lead to further investment by brands and a loosening of purse strings, which will also help the advertising industry, including the outdoor segment.
A
government change, pointed out some agency heads we spoke to, usually
increases confidence. For example, Sunder Hemrajani, MD, Times
Innovative Media gave the example of 2009 when the UPA did much better
than expected. “We saw an increase in positive sentiment even back then.
It is the same this time; I am seeing a lot of positive sentiment.
April and May have been very tight for all media but I feel that things
will be even better this time than 2009,” he said.
Though sentiment from India Inc. has been leaning towards a Modi-led
government with its promise of development and progress, the new prime
minister’s recent statements and energetic first few days since securing
victory have also helped. “He (Narendra Modi) seems to be continuing
with the same motto that he used in Gujarat. Since advertising is
perception driven, we could see an increased spending this year,” said
Rajiv Saxena, MD, Blue Ocean Media.
On
being asked whether there were any specific changes that were expected
for the OOH sector, Saxena opined that spending from real estate and
telecom, two sectors which had reduced spending last year, might
increase.
On
being asked whether there were any specific changes that were expected
for the OOH sector, Saxena opined that spending from real estate and
telecom, two sectors which had reduced spending last year, might
increase.
The election year saw a windfall for most OOH agencies, who normally
expect a slow start to any year with business usually picking during the
festive seasons. For example, even after the results were declared, BJP
launched a massive outdoor campaign thanking voters for their support.
The Mumbai leg of the campaign was handled by Bright Outdoor Media and Yogesh Lakhani, CMD of Bright Outdoor Media informed us that it comprised of some 135 hoardings across Mumbai. Given the general sense of optimism in the market, he mentioned that business could improve by as much as 10 per cent. “In any business there is always a positive and negative cycle. For the last few years we have had a negative cycle, so things definitely have to change now,” he said.
The Mumbai leg of the campaign was handled by Bright Outdoor Media and Yogesh Lakhani, CMD of Bright Outdoor Media informed us that it comprised of some 135 hoardings across Mumbai. Given the general sense of optimism in the market, he mentioned that business could improve by as much as 10 per cent. “In any business there is always a positive and negative cycle. For the last few years we have had a negative cycle, so things definitely have to change now,” he said.
Another
way of looking at the massive OOH campaigns run during the elections by
political parties is that it showed the strength of OOH advertising in
creating recall and spreading awareness, opines Sanjeev Gupta, MD,
Global Advertisers. He expects more and more brands to spend on OOH
advertising. When asked for his expectations, Gupta said that June-July
will see a lot of advertising from FMCG brands, tourism, real-estate,
e-commerce, automobile and education sectors also.
The OOH sector has had a good start to the year and with the positive
sentiment in the market, it is no surprise that most OOH agencies are
expecting a boost in ad spends by brands in the coming months. What
remains to be seen is whether this will continue past 2014 and how do
OOH players make use of this perceived change in the business cycle to
create a more robust outdoor advertising ecosystem, which is even more
attractive to advertisers.
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Wednesday, March 19, 2014
OOH signs up for growth
Submitted by admin on Tue, 03/18/2014 - 11:00
By ABHINNA SHRESHTHA
No
matter which party comes to power in the 2014 Lok Sabha elections, it
is the outdoor advertising industry that stands to emerge winner.
Vendors of the Out Of Home (OOH) industry are optimistic that the
elections, coupled with other factors, will again provide a much-needed
fillip to the industry, which has been growing at a steady pace for the
last couple of years.
Compared to previous years, 2013 has been a somewhat better year for the
sector. Here are some numbers to get things into perspective: The
outdoor industry formed 6.2% of the total advertising spends in 2013,
according to the Pitch-Madison Media Advertising Outlook (PMMAO), in
fourth place behind TV, Print and Digital. This Year Next Year, a study
by Group M, too says that 2013 saw the OOH industry grow by about 6%, a
remarkable achievement, considering that the growth in 2012 was about
2%. Despite many brand managers shifting significant budgets to digital
and mobile spends, 2014 is expected to be another strong year for the
outdoor sector (PMMAO predicts it will grow by 8.2%, while Group M’s
studies peg the growth rate at 8.8-9%). So, what are the factors driving
this general sense of optimism?
THE POLL DRAMA
We have already seen the aggressive push towards advertising adopted by
the Congress and Bharatiya Janata Party (BJP). Industry sources estimate
that nearly Rs100 crore of the Congress’ ad budget has been lavished on
outdoor advertising. It would not be wrong to assume that BJP will
spend a similar amount too. The importance of this one event can hardly
be overstressed. The outdoor sector generally starts picking up during
the second half of the year, but with the elections in May, political
spending on OOH advertising has been a welcome addition to a
traditionally slow first half. We saw the same trend during the state
assembly elections in 2013, which proved how vital OOH is for political
parties.
Since most cities have banned posters, Outdoor remains the only viable
option available for propaganda, along with radio as both are
cost-effective and ensure reach. “All national parties such as BJP,
Congress and NCP are geared for outdoor campaigns. Beside this, the
outdoor industry will also get benefit due to its extensive reach in
rural areas and Tier II and Tier III cities,” says Sanjeev Gupta, MD,
Global Advertisers.
Analysts and industry experts also expect the general business sentiment
to improve post the elections, which will further serve to loosen the
advertising purse strings.
NON-TRADITIONAL OOH
Though
hoardings and their ilk are considered the driving force behind OOH,
the last few years have seen a lot of development in new forms of
outdoor communication. We are all familiar with the remarkable growth
story of transit media (including street furniture and bus/radio cab
advertising). The medium grew at 13.9% last year and has consistently
outgrown the overall OOH advertising space over the last couple of
years. The Pitch-Madison report forecasts it to grow at 10% this year
too. But transit is not the only ‘other’ option that is growing. Says
Haresh Nayak, Regional Director of Posterscope Asia-Pacific, “The OOH
medium has evolved in malls and multiplexes, whether it is pure display,
engagement, or events.
We have also seen growth in niche ambient environments, for example,
cinema has grown by over 200%.” Electronics major Philips is one of the
brands that is a strong believer in the efficacy of ambient media.
“The efficacy and proficiency of ambient media is very strong as it
creates a differentiated platform for the brands,” says Amit Tiwari,
Country Head (Media) for Philips. “A lot of consumption of outdoor
media, these days, takes place in malls and multiplexes. Also, since
most LFRs are present in these
places, it creates a direct connotation to the point of sale.” Another
emerging option is captive audience advertising, which is digital
displays, the ones seen at malls and coffee houses. Though still nascent
as compared to its cousins, transit and ambient media, this is another
interesting space. For example, Rajan Mehta, Co-founder and CEO of LiveMedia, which boasts of clients like Big 92.7 FM, CavinKare, HDFC Bank, etc., claims his company, which specializes in captive audience advertising, has been growing at a rate of 20-25% YoY. So, there is definitely an interest being shown by advertisers in this medium. “In the West, digital OOH is already mainstream. As the technology improves, it will also become cheaper and, hence, more viable,” he says.
Says Bharat Dhuppar, Omkar Realtors & Developers, “Real estate is
now opening up to alternative OOH media vehicles such as cinema
theatres, airport branding and even in-flight advertising campaigns. It works better because of the simple reason that the audience is in a captive environment and has to pay attention to the communication. It is a definitive component today in any media plan that gets made for a successful campaign.”
Even the entertainment sector, which is among the largest spender on
traditional OOH, seems to believe in BTL activities. For example, when
asked how significant mall activations were as part of OOH strategy, Amit
Nair, Business Head, Zee Khana Khazana said, “We have always been
strong when it comes to BTL activities. We do a lot of road shows across
cities as well as workshops within malls. They are a great tool for
creating consumer connect and brand recall also increases through these
activities.”
Studies on the growth of traditional OOH sector and the current blueeyed
baby - transit media - are easily available. However, there are not
many comprehensive studies available on other outdoor media platforms.
With better data, interest in these platforms will continue to increase.
NEW INFRASTRUCTURE PROJECTS
A major reason for the growth of transit media has been the rapid
infrastructure development seen in the country and this will continue to
boost the outdoor industry in the coming months. Ad spots at locations
like the Metro in Mumbai and New Delhi and the new airport terminal at
the Mumbai International Airport are highly sought after by advertisers.
“Revenue growth will only happen through new infrastructure projects
such as the Metro and new airports,” says Rajiv Saxena, MD of Blue
Ocean Media.
However, Sunder Hemrajani, MD of Times OOH cautions that though
infrastructure development would be a growth driver, it needs to be
looked at from both the demand and supply side. “New infrastructure
projects improve the supply of good, high-quality media but one also has
to consider the demand side of the equation. We need to provide
innovative and complete solutions. There is need to show the advertiser the right value proposition,” he said.
Echoing this view, Sanjay Chitkara, Head (Marketing) of LG says,
“Outdoor is an evolving medium – urbanization and new infrastructure
such as shopping malls, offices, express highways, etc., have created
tremendous opportunity to innovate with the outdoor medium. Concentrated
joint efforts by all the stakeholders will help leverage this
opportunity in a more constructive manner.”
ALL EYES ON DIGITAL OOH
Digital OOH, or DOOH as it is referred to, is perhaps one of the most
exciting new things to emerge in the OOH space. According to a recent
study by PQ Media, the average global consumer was exposed to
various DOOH media for 14 minutes per week in 2013, a 75% increase from
eight minutes in 2007. The report names the US and China as the largest
and second largest markets for DOOH in terms of revenues respectively.
Other significant markets in terms of exposure and revenues are the UK,
Canada and Australia. Interestingly enough, an earlier report by the
same agency had stated that global DOOH revenues will expand at a 21.3% CAGR in the 2011-16 period.
The situation in India is not that rosy, though inroads are being made
over the last few years. Though brands seem to have welcomed the
concept, regulatory issues are proving a hindrance. A report from consulting
firm PriceWaterhouse Coopers for the period 2013-2017 states, “Growth
markets and the impact of digitization will drive the rise in global OOH
advertising spends. There will be double-digit CAGR growth in two
countries: India (11%) and Brazil (10%).”
“As with most technological advances, it isn’t what the technology
enables you to do but what you do with it. Creativity is the
game-changer that will make the difference between a bland communication
and one that’s breakthrough,” comments Farrokh Madon, Chief Creative
Officer of Y&R Advertising. Brands
are obviously excited about the possibilities of digitization when it
comes to OOH. “It (DOOH) will be crucial and cause a positive
disruption. All the current rules will go out the window. The agility,
responsiveness and the ability to track that it will bring is going to
be phenomenal,” says Satinder Juneja, VP (Sales & Marketing) of NIIT
Technologies.
Sudeep Narayan, Director (Marketing & PR) of Volvo Auto India, also
calls digital OOH a “game enhancer”. “Digital signage can be compatible
with other devices like smartphones, profile the audience and target ads
accordingly. This implies both personalization and customization,” says
Karan Bajwa, MD of Microsoft India. For now, we can take a look at some
examples from around the world to see the kind of potential digital OOH holds.
CHANGING EXPECTATIONS: CREATIVITY & INNOVATION
Customer engagement is the new mantra for advertisers and the OOH space
is no different. The problem, as Amitesh Rao, Director (Brand &
Media) of MTS India puts it, is that you just get a fraction of
a second to take in the ad. Brands want a way to break the clutter and
many large outdoor agencies are increasingly working with brands to
develop innovative and creative solutions. Says Rajneesh Bahl, CEO
of Percept Out Of Home, “It is more about creative enhancement. Over
the last few years, we have seen brands demanding creative ideas from
outdoor agencies.”
With the outdoor industry needing to compete with new advertising
mediums such as digital, mobile and social media, the industry needs
fresh perspectives, says Chitkara. And this has been happening over
the last few years. An even more interesting development is the way
advertisers are utilizing technology to carry out innovative
cross-platform promotions. For example, recently Mahindra Reva combined
Twitter with the OOH medium in an integrated campaign. There a few other
examples of brands experimenting with new technologies like RFID tags,
QR codes, augmented reality, etc. With OOH advertising now having to
compete with rapidly evolving and highly engaging platforms like digital
and social, the integration of technology into OOH campaigns is bound
to keep increasing.
THE BOTTOMLINE
There is a general perception that the digital medium has eaten into
traditional OOH’s share and this is true to an extent. Lack of a
measurement metric, among other issues, has hampered its growth in
recent times. However, the emergence of new technologies and
innovations, as well as growing interest in new mediums other than
traditional hoardings, looks set to boost the OOH industry in the coming
months. The challenge for OOH players is whether they are able to use
this as a springboard to perform even better beyond 2014.
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Thursday, January 2, 2014
Thursday, September 19, 2013
Cool cab advertising can drive your brand to buyers’ home
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Recently, Bengali regional channel, Star Jalsha launched an Outdoor Campaign on decorated yellow ambassador cars of Kolkata to celebrate the wedding of their most talked character “Baha” from daily soap Ishti Kumkum. The team of Ideazfirst executed the campaign.
These cars are decorated on the theme of wedding car which takes the passenger to their destination as usual, but the feeling is different.
Cool cabs are most popular with daily commuters and readily available at dense markets, office premises, station roads and residential areas. It’s a preferred format of outdoor advertising in metros and Tier II cities.
Therefore, if you are looking for such innovative cool cab advertising solution for your brand, please feel free to call Amit Gupta on 09820797773 from Global Advertisers for unbeatable packages.
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Monday, May 27, 2013
“Jitna Phirega, Utna Charega”- Sanjeev Gupta, MD, Global Advertisers
Business….2013
In the first half of 2012, the sale of OOH
inventories dropped significantly; many sites were vacant for a longer time
despite introducing new schemes. However the scenario is completely opposite to
last year’s situation, the beginning of 2013 has been satisfactory so far;
Global Advertisers witnessed increase in the number of OOH campaigns. TV
channels, Builders, small retailers, cars, and online shopping portals had
included outdoor advertising in their marketing plan. There were budget
constraints but with some highs and lows, Global Advertisers sailed through the
first half of 2013.
Recently, the new policy of FDI in Retail has
shown promising growth for outdoor advertising industry. Keeping the
advertisers and consumer in mind, we launched customized packages for each
industry, offered them easy payment options, value addition services via our
digital marketing team, public relation services and many other more value
addition packages. And, we have got huge response for these schemes. Overall,
Global has done quite well in this first quarter and our strategies changes
with customers, seasons and festivals.
Today, we need to stand together to re-built the
standards of ooh players, orgnaise the big and small players of outdoor
advertising industry.
We request Indian outdoor associations to set up
a monitoring system and award ceremonies for OOH media to improvise the
experience for clients as well as for the players while doing an outdoor
campaign.
A famous “Marwadi Author” says that “Jitna
Phirega, Utna Charega”…..we at Global firmly believe in this
quote because we introduced several schemes in this profession to provide best
returns to our clients. We make sure that we give them best ROIs possible.
Trends
….
As a supportive advertising medium, most of the
campaigns belong to entertainment & films, banks, real estate, garment,
jwellery and some small retailers also enjoyed the OOH publicity created by
Global Advertisers. Marketers preferred large size displays (120X40, 80X80,
60X80 etc), prominent locations and innovation. With the expansion plans of
various brands, Global has also opened four regional divisions to meet the
requirement of the clients of different needs. Our new sites at traffic
junctions, highways, residential areas, business complexes, shopping malls,
local markets, colleges have remarkably increased the number of eyeballs
towards our campaigns.
Expectations
…..
The second half of the year always brings smile
on our face as it will be filled with festivals. After monsoon, all the
industries will be active; therefore we have lot of expectations from the
next half. There will be new challenges, competitions and new customers but
we will continue to sail through out.
Join us
on:
www.globaladvertisers.in/
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