ht january 2012
TRANSCRIPT
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Market Flash
Quick Buzz
Madhuri Dixit is the sixth Indian star to be memorialized in the Madame
Tussauds wax museum in London. She also becomes the brand ambassador for the new
entertainment channel, Life OK
BobWeston,64,theformerFleetwoodMacguitaristwasfounddeadathishomelastweekinLondon.ecauseofdeathhasbeenrecognizedasagastrointestinal
hemorrhage.WestonjoinedFleetwoodMacin1972asareplacementforDannyKirwan PriyadarshanreceivesawardforKanchivaramatSeventhAsianFilmFestival,2011 JanaGanaManaisthersteverIndianlmtobereleasedontheInternetsimultaneouslywithitsworldwidetheatricalrelease Zynga is marking an entrance into an entirely new game genre, HiddenChroniclescombinesmemory,skill,andsocialinteractions,makingitthemostsocialhiddenobjectgameavailable RILhasenteredthemediaandentertainmentsectorbymakingamajorshareintheRaghavBahl-controlledNetwork18Group
The decline of The enTerTainmenT indusTry
erecentEIhasnoticedamajordecline.MovieticketsaleshavesharplydroppedevenwithmagniednumbersfromIMAXand3Dmovies.enetworkviewershiphasalsodeclineddrastically.Eventhemusicindustryisaghostofitsformerself.Moremoneyisspentonbiggerprojects.Producingcreativecontentisinexpensiveascomparedto promotinga successfulmovie,showor performer.emajorreasonscouldbeattributedto theextensiveusageof internetandtechnology.Alsothebreakdowninfamilysystemshasgreatlyaectedonthebreadandbutter
onthisindustry.eentertainmentindustrydoesnotreallyknowwhataretheyalldoingnow,rathertheyarejustbuildingfurtherupontheirincompetencesothatwheneverythingcollapsesnooneisindividuallyblamed.
fuTure of ei in 2012
eexpectedadvertisementbudgetisexpectedtobebelow33000crsforthisyear.Howeverthereisdecline ingeneralbroadcastfeesand hence
andoveralldecline inpaymentsto hosts,artistsandperformers.erewillbeimpactonthesectorduetotherecentamendmenttotheCableTelevisionNetworks(regulation)Actof1995thatseekstototallydigitizethecablenetworkbyDecember2014.elmindustryisalsopromisingtoentertainaudiencewithvariedacceptablethememoviesandthiswouldresultinhigherrevenueinreturn.eyearwillalsoseearapidgrowthoftheprivateradionetworkinthecountry.egovernmentisexpectingtoauctionaround800newradiolicensesin2012.Henceyear2012promisestoentertaintheaudiencewithmorevariedoptionstogetdelighted.
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01 MARKET FLASHThe latest marketing news bits from around the world
02 LAUNCH PADThe new products in the market that you should watch out for.
03 PAGE 3Chill your eyes
04 BIG IDEASShort Stories of great people
05 NEW AVATARS OF TV
06 BUDDING VOICEReality TV
07 AD-REVIEWDissecting the Ad
08 MARKET ANALYSISKnowing specifc markets
09 MARKETING MANTRAS
10 MARKETING QUIZ
11 GUEST EDITOR
12 CORPORATE INTERFACE
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PAGE 3LAUNCH PAD
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BIG IDEAS
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BRANDING WITH TECHNOLOGY
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AD-REVIEWBUDDING VOICE
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MARKET ANALYSIS
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MARKETING Mantras
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MARKETING QUIZ
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GUEST EDITOR
QuesTions
1. Which Hollywood Movie has had the Highest opening day Gross ?
2. Which Hollywood actors movies have grossed the highest amount o money ?
3. Which Hollywood actress has most o her movies grossing over 100 million dollars ?
4. Tree flms brought home 11 Oscars, which was the frst one ?
5. Which Hollywood Comedy Movie Sequel generated the highest volume o money in thatsector ?
6. Who is known to be the frst Superstar o the Indian Film Industry ?
7. Who played the character o Veeru in the all time amous movie, Sholay ?
8. Indian Legend Lata Mangeshkar has sung majority number o songs in which language ?
9. Which Indian Song won an Oscar and the rights o which were later bought by the Indian
Congress Party or Central Election Campaign or 2009 polls ?
10. Name the Music Composer o the amous song Why Tis Kolaveri Di ?
ANSWERS
1.StarWarsEpsiode1made28.5milliondollarsgrossontheopeningday.2.HarisonFordtenmoviesgrossingover200millionintheUnitedStatesonly.3.JuliaRobertssevenofthem.4.BenHur5.HomeAloneSeries6.RajeshKhanna7.Dharmendra8.Marathi9.JaiHobyA.R.Rehman10.AnirudhRavichander
a salesman To an enTrePreneur
Formanyyoungmanagersgettingasecurejobwillbetheirnalgoal,butonlyafewmanagershaveanaimofcreatingjobs.Evenwhensomeonewantstobecomeanentrepreneurtheysettleforajobsaying
needtobeexperiencedtoknowthebusinessculture,environment,marketunderstandingandpeoplemanagementetc.Butaertheystartworking,andonseeinghowdiculttorunabusiness,managepeople andmoneya majorityof thesepeoplegiveup theirgoalof becomingan entrepreneur. Soexperienceinsteadofbuildingabilitycripplesanindividualsgoal.isisbecause,experienceteachesthemtoplaysafeandalsomakethemadoptawhateverworksattitude.Butincreasingexperienceshouldaidandencourageprofessionalstotakehigherrisksratherthemdrawingthemintoashell.Soitsimportanttochooseandcontinuetheattitudealongwithjob.Ibelieveonebeautifulwayofbecominganentrepreneuristostartasasalesexecutive.oughpeoplesayagoodentrepreneurisnotnecessarilybornagoodsalesman.Sinceentrepreneursfocusmoreoncreatingopportunitiesandbuildingproductsandservicesratherthanonsellingthem.Butifan
entrepreneurgainsacertainamountofsalesexperience,thereisahigherchanceofcreatingaproductthatiscommerciallysuccessful.Howcanthispathbesuccessful,becausebeingasalesexecutiveyougrowfromtheroottobecomeafruitfulindividual,andyouexperienceeverythingandanythingthatdealswithcreatingabrand.Asasalesmanyouareputinthelineofreandputthroughalotofhardshipssothatanyroadblocksfacedcanbedealtwitheciently.Asalesexecutiveistheonewhounderstandsthemarketanditsconditionsbetterthananyone;thisactuallyhelpshim explorea lotofcommercializedopportunitiesand alsoforeseefuturetrends.A
salesexecutiveisanactingintrapreneurfromthedayonesincetheydealwiththebasicsofabrand,understandingwhatworksandwhatdoesnot.eycomewithnewideastobringmoresales,build3600relationships,andalsomatchproductstothecustomerneeds.Indirectlyasalesexecutivealsosustainsthebalancesheet.eysustainrelationshipswithclientsand
distributors,makesbrandavailableeverywhereetc,whichhelpsgrowtheassetstothecompany.eyalsolterthroughcustomerswhodonotbringbusiness,takeslongercreditperiodsandonwhomcompanysexpensesarehigh,thusreducingthedebtandliabilityofthecompany.Insales,notonlydotheymanagetheirresponsibilities,theyalsomanageteams,helpthemachieveandoutgrowtheirtargets,functionmoreeectively,andalsoensurethatemployeesaretakencareof,thussatisfyingthefunctionsofanHRmanagertoo.IwouldliketoconcludesayingthatIamreadytostartasasalesexecutivetoeventuallyfulllmygoalofbeingonewhocreatesjobs.
Special thanks to Anish Xavier, for the support.
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CONTRIBUTIONS
Market Flash- ROHIT MITRA
Launch Pad- UDAY GUPTA
Page 3 SUSHANT BHASIN
Big Ideas- SHARNITHA
Branding with Technology PRATEEK SOTI
Budding Voice VRINDA A. RATHI
Ad-Review- SAHANA SINHA
Market Analysis CHITRAK
Quiz- DHAVAL
Marketing Mantras - LAKSHMI
Quotes- IBOPISHAK
Corporate Interface - EMMANUEL
EdITORIAl TEAm
Editor-In-Chief- Ibopishak Singh
Guest Editor- Badari Kumar Alapati
Editors-
Chitrak Banerjee,Dhaval Kamdar,
Emmanuel Francis J,
Lakshmi K,
Prateek Soti,
Rohit Mitra,
Sahana Sinha,
Sharnitha R,
Sushant Bhasin,
Uday Gupta,
Vrinda A. Rathi
Creative and Design Team -
Akanksha Tiwari, Sahana & Jubeesh Don Bosco
CORPORATE INTERFACE
markeTing cluB corPoraTe inTerface
Date: 06/01/2012
abt t p:
Name: m rv kb
Experience:
CurrentlyManagingDirector,EcselisatHavasDigital BusinessDirector&Head-COEatMediaContacts IndependentConsultantatSelfEmployed FounderPresidentatMumbaiToastmasters SolutionArchitectatPinstorm SeniorResearchExecutiveatIMRS ConsultantatSelfEmployed FounderatCareerWorld/APEdu.com
Education: BBM,BangaloreUniversity EMBA,S.P.JainInstituteofManagement&Research
Discussion: RaviKabratookusthroughhisjourneyandspokeabouthislearningsateverystageofhiscareerfrombeingthefounderatAPEdu.comtillhiscurrentjobatHavasDigital. Demandbasedpricingisthepricingthatisdeterminedbyhowmuchcustomersarewillingtopayforaproductorserviceandityieldshighprots. Customersperceivedierentlyindierentmarketsandtheyusuallydontmeanwhattheysayhenceweneedtoalwaysdivedeeptogettherightperspective. MediamarketingisallaboutInternetmarketingwithmajorityofthecompaniesallocatingalumpsumamountforInternetmarketingcomparedtoTelevision FriendsasBusinesspartnerscanbebothgoodandbad.Hencebeforegettingintosomepartnershipitisimportanttosettheexpectationsproper. PerformancebasedmediaistheanswertotodaysneedfordirectaccountabilityandcontrolofmediaROI,PBMoersmarketersarangeofvaluablebenetsandadvantagesversusothermediaandmarketing
strategies.
Takeaways: DontJustdoit,learn,understandandimprovise Networkingisnotholisticmakingaconnectisthekey Decideforyourself,atleastyouhavenooneelsetoblame Bethepilotandnotthepassenger ReducedistractionssuchasTV,phone,etc.
Audiences everywhere are tough. They dont have time to be bored or borrow
beaten by orthodox ,old fashioned advertising
- Craig Davis, J.W.T