India Inc On An Ad-renaline Rush!
As firms bet big on brand visibility, cumulative advertising and publicity spend of BSE 500 companies hit ₹80,000 crore.
As firms bet big on brand visibility, cumulative advertising and publicity spend of BSE 500 companies hit ₹80,000 crore.
Any social media influencer with an annual income of more than ₹40 lakh through marketing and campaigns can be now termed as a 'celebrity.'
New-age brands are increasingly depending on memes to reach out to Gen Z and millennials at a lower cost.
As digital ad spends rise, marketing & communication players such as Publicis, Group M and DDB Mudra are aggressively hiring people with tech and data analytics skills.
Short video players are looking to tap into live commerce that is expected to touch $2-$2.5 billion in GMV by 2025.
Companies which measure incrementality have witnessed a 50%-60% uplift in sales, 8-10-fold increase in return-on-ad spend, six-fold higher conversion rates and a 35%-40% higher ad performance
The Founder & CEO of the video advertising platform VDO.AI, Amitt Sharma, gauged the market over a decade ago and saw the possibility of a sweeping change in the world of advertising.
With content play becoming the sole differentiator, the fight is being played out at the OTT outpost.
Families staying at home are watching more TV, but the economic impact of the lockdown is hampering ad revenues for the broadcast industry.
Publicis Groupe COO and Publicis Media CEO Steve King says India is an important market for the company in terms of talent.