Showing posts with label Prof Arindam Chaudhuri. Show all posts
Showing posts with label Prof Arindam Chaudhuri. Show all posts

Monday, September 26, 2011

When Jack came out of The Box!

What Jargon would you use to Describe the form of Advertising Skillfully integrated into your Natural Surroundings such that it Catches your Attention at places you least expect it? 4Ps B&M adds yet Another term to your Marketing Dictionary. Call it Ambient Advertising

A vagabond once shared an anecdotal experience about one of the several magnificent churches in London. He would describe the finery of the church and then mention about the inevitable cracks in the walls, both inside as well as outside the church. Now, cracks in walls are not astounding to an extent that they need a mention, though they are definitely a pain for the maintenance people. In fact, you too might have observed such cracks in walls, which are usually T-shaped, almost crossing each other, resembling a cross at times. But there was something extraordinary about the cracks in the walls of this particular church in London.

This church had almost the same kind of cracks, but instead of filling them up the church authorities had framed those cracks and written right beneath them: “God exists in everything!” Certainly, God is the last person who would require any marketing strategy, but what a way to use your surroundings to spread across a divine message that God is omnipresent. You might take this as devotion, but it is ineluctably a classic example of an effective yet simple advertising strategy called Ambient Advertising.

Simply put, Ambient Advertising is advertising integrated into our surroundings to catch our attention when and where we least expect it. “It’s about looking at everything in your surrounding as having the potential of becoming a medium of advertising,” Zenobia Pithawalla, Executive Creative Director, O&M India tells 4Ps B&M. For instance, when you finish eating a fairly luscious choco-bar, you expect nothing inside except mushy vanilla and choco crust. But when you are finished eating it all, you end up with a stick, which is not a usual stick that you would just throw away without giving it a second look. Yes, you will throw it away eventually, but not before you spot a toothbrush made out of that stick, and a small yet conspicuous ‘Colgate’ written at the top of the stick, and a ‘Don’t Forget’ message following it (the creative agency for this project was Y&R, Bangkok, Thailand). That’s precisely what Ambient Advertising is! Positioning the brand in a surrounding where the consumer least expects it, but having found it believes that it is the best place to have encountered the brand’s existence.

For starters, Ambient Advertising found its first user in 1996, when a UK based ad agency, Concord Advertising, at the wish of a client, who wanted a change from the traditional mediums, started placing ads at unusual places such as on floors, on fuel dispensers at petrol pumps, toilet doors, et al. Clearly these places were not traditional places to advertise for a product. But the idea worked, and in 1999, British Media recognised this form of advertising as ‘Ambient Advertising’.

Ambient Advertising encapsulates two key factors, one being unusual locations and the second being the quintessential ‘wow’ factor, something that catches you unaware. For instance, when JWT London got a little artsy to emulate a KitKat chocolate bar on a bench in a park (to make it look like a chocolate bar cum bench) with ‘Have a break have a KitKat’ inscribed on the bench; it made use of the both, an unusual location (a bench in a park) and had the wow factor, because the moment you sit on the bench to relax the tagline seems to work on your senses and since you are having a break in the first place, you can’t help but have a KitKat bar!


For more articles, Click on IIPM Article

Source : IIPM Editorial, 2011.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

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Monday, July 26, 2010

Not missing the woods for...

What happens to the sponsorship market when the golfing icon, the world’s first billionaire athlete, decides to take an indefinite break from pro golf in favour of other, more controversial pursuits? Mayhem would be an understatement. Understandably, Tiger Woods has been dumped by Accenture Plc. While some have been supportive, others like Swiss watch maker Tag Heuer plan to spend the next few weeks assessing their relationship with Woods. But the golfer’s fall from grace will, in all probability, hurt the multi billion dollar sponsorship market bad. As Woods continues to get lurid and unrelenting media coverage for his personal demons, the $12 billion a year endorsement industry is aware that their poster boy has more potential to harm than help brands right now. And given the stakes, it seems that the worst sufferer in this entire episode will be the PGA Tour. Not everyone views Woods as a negative asset however. Gillette (a unit of US consumer giant Procter & Gamble) for one does not plan to sever its ties completely with the icon and plans to support Woods’ desire for privacy by limiting his role in marketing programs. Nike (supposed to be Wood’s best known endorsement) goes a step ahead and is standing by Woods; with CEO Phil Knight stating that these indiscretions are but a minor blip. Clearly, not everyone is abandoning Woods, who earns an estimated $100 million a year from endorsements. Sponsors like Electronic Arts Inc, TLC Vision Corp, Upper Deck, Berkshire Hathaway Inc’s NetJet et al plan to stick with Woods. Whoever said golf wasn’t a team sport needs a reality check!

Gyanendra Kashyap

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Saturday, April 03, 2010

While you were sleeping…


Prof Arindam Chaudhuri of IIPM on MF HUSAIN‎

If you are a market leader or a brand with long years of expertise or a trusted name, reassurance advertising that reinforces trust may sometimes work as a great slowdown strategy. We’ve seen a lot of that in recent times. A case in point is ICICI bank, which maintained its leadership position by reinforcing ‘50 years of believing in each other’ – a platform that celebrated its long years of existence, expertise and partnership. Tata Capital, which came in as a new player at the height of slowdown, made the unusual choice driving reassurance at launch when it went with the ‘We’ll only do what’s right for you’ campaign. The importance of driving trust and reassurance in the insecure, volatile climate of a slowdown can’t be over-emphasised. And even far away from the world of commerce, it’s interesting to note that the Congress party has used the reassurance logic when it mentioned the progress made by its government as part of its election strategy.

Then there has been a third category of players who were already faltering on growth or image or relevance, even before the slowdown. The advent of the slowdown gave them the impetus to correct their course. A case in point is Videocon, which came out with its well thought out repositioning strategy that involved a new visual identity and a change in approach to get connected better with today’s consumers. The new positioning line of ‘Experience change’ as well as the ‘Chouw Mouw’ campaign fell in very neatly with the overall attempt to make brand Videocon fresher, younger and more relevant.

So, is re-branding and repositioning every brand’s strategic answer to every slowdown? Looking at the experiences of various marketers, the answer would be that ‘It all depends’. If a man wants to look more modern, then wearing rimless glasses and pink shirts, and parting your hair in a different way is not the only way to go. And the story is the same with brands. Marketing budgets are always tight, and especially during a slowdown, one has to be choosy about how best they can be employed, because every decision takes money away from another. And sometimes there are some high efficacy answers to be found without the need for any drastic repositioning exercise. Thums Up had a record year without any change in its campaign, much less any repositioning. Idea Cellular’s ‘What an idea sirji’ campaign, followed by the ‘Walk when you talk’ campaign not only helped the brand make a turnaround, but also drove saliency and a more youthful image. Similarly, Complan grew despite commanding a price premium in the heart of the slowdown, by its simple choice of driving its irresistible kesar-badam flavour with advertising targeted at kids. And driving its growth message harder by the ‘Twice as fast’ claim.

Once the genuine need for rebranding is established, a slowdown is as good a time as any other to carry it through. Since many advertisers cut back in times of slowdown, consumers tend to pay more attention to the brands that are advertising and what they are saying during a slowdown. The problem comes when brand and agency teams get too trigger-happy and repositioning becomes the easy way out.

At the end of the day, it comes down to good judgment. Marketers who can look objectively at their brands, keep their hand steady and their minds ticking even as the markets slump, will live through the slowdown, and when they wake up the next day, their world will be straight again!

Arvind Sharma is Chairman-Indian Subcontinent, Leo Burnett

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

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