ndtv marketing
TRANSCRIPT
-
8/3/2019 Ndtv Marketing
1/24
Marketing Strategy on NDTV Imagine
MARKETING STRATEGY
ON
Prepared By:-
Jignesh Agrawal(3005)
Rahul Goplani(3063)
Ankesh Khatri(3090)
Hitesh Bachani(3009)
-
8/3/2019 Ndtv Marketing
2/24
Marketing Strategy on NDTV Imagine
INDEX
Sr. No. Topic
1. Synopsis
2. Introduction
3. Entertainment
4. The Tie Up
5. Advertisers
6. Market Scenario
7. Competitors
8. NDTV Imagines strategy
9. Research Method
10. Primary Data
11. Medium Of Advertisement
12. Product Life Cycle
13. Recommendation
14. Other Strategies
15. Limitation
16. Conclusion
17. Webliography
18. Bibliography
-
8/3/2019 Ndtv Marketing
3/24
Marketing Strategy on NDTV Imagine
SYNOPSIS
THE LAUNCH
As NDTV Imagine is launched very recently, we thought
this topic would be new and fresh to consider it as our project.
The fact that usually everyone thinks of doing a project on a
product i.e. materialistic product or some brand which is well
known by all which would make doing research easy.
We wanted to stick to a topic which would come to no
ones mind easily thus leading us to have a unique topic and
this is how we decided on NDTV Imagine.
The project will be focusing on the introduction of the 24
hour General Entertainment Channel (GEC) i.e. NDTV Imagine.
It will also be discussing about strategies adopted by NDTV
Imagine on entering the market of general entertainment
space. The channel started airing on television screens from
January 21st 2008.
Apart from discussing about the channel and its
programming the project will also highlight about its relation
with its other competitors like Star Plus, Zee TV etc. It will also
give brief idea on NDTV Imagines competition with its other
newly launched channels like INX Medias 9X, Zee Groups Zee
Next, and UTVs Bindass.
The project will also talk about the Product Life Cycle (PLC)
Stages and will place NDTV Imagine on one of its stages. It willhighlight a particular stage and explain it in brief.
Along with this the project will also talk about strategies
adopted by NDTV Imagine and the based on the project we will
further suggest Competitive Strategies to remain in the same
genre
-
8/3/2019 Ndtv Marketing
4/24
Marketing Strategy on NDTV Imagine
INTRODUCTION
Banking on its target to reach 80-90 per cent of the 70
million cable homes within the first few weeks, NDTV Imagine,
the general entertainment channel (GEC) from Delhi-based
broadcaster NDTV, the channel was set to hit television screens
from January 21, 2008.
NDTV Imagine is the fifth-channel from NDTV Networks.
Their other channels are news channels such as NDTV 24x7
(English), NDTV India (Hindi), NDTV Profit (business) and NDTV
Good times (lifestyle channel).
NDTV Imagine is the third GEC to be launched in the last
four months, after INX Medias 9X and Zee Groups Zee Next,
into the general entertainment space.
In the weekdays (Mon-Thu) prime time (7-11 pm), NDTV
Imagine claims to enjoy the third spot in the Hindi GEC space
with a relative channel share of 6.6 per cent.
NDTV Imagine, spearheaded by NDTV Imagine CEO
Sameer Nair
-
8/3/2019 Ndtv Marketing
5/24
Marketing Strategy on NDTV Imagine
ENTERTAINMENT
NDTV Imagine offers programming across genres, ranging
from mythology and light-hearted family soaps to family
dramas and from high voltage music and dance entertainers to
the most glamorous events in the entertainment business. The
channel has launched shows like
Ramayan,
Dharam Veer,
Nachle Ve with Saroj Khan,
Dhoom Macha De,
Radhaa Ki Betiyan Kuch Kar Dikhayengi,
Ek Packet Umeed,
Raajkumar Aaryyan,
Say Shava Shava
Jasuben Jayantilaal Joshi Ki Joint Family.
For its launch week ratings, the channels driver show,
Ramayan, has averaged at 2.3 TVR (Television Rating),
registering growth over last week. Say Shava Shava has
ended with a 1.1 TVR, while Dharam Veer, too, has grown to
get episodes ratings above the 1 TVR and Nachle Ve with Saroj
Khan is delivering in the Hindi heartland to get ratings crossing
the 1 TVR-mark as well.
A format show that debuted on the channel in February,
Dhoom Macha De, has opened to a 0.9 TVR over a three-hour
telecast. The show was competing with weekend content like
Zees Sa Re Ga Ma Pa and Star Plus Star Voice of India.
At an all-day, all-week level, the channel has beaten most
to be in the third slot, and has now introduced the one-hour
-
8/3/2019 Ndtv Marketing
6/24
Marketing Strategy on NDTV Imagine
weeklies, a schedule that Star Plus had let go of some time
back.
THE TIE UP
Kreeda Games has tied up with NDTV Imagine's show
Nachle Ve with Saroj Khan, for their online dancing game,
'danceMELA'. With this tie-up, danceMELA is the official gaming
partner for Nachle Ve with Saroj Khan and NDTV Imagine being
the official TV partner for the game.
Quentin Staes-Polet, CEO, Kreeda Games, shared, The tie
up gives us presence in mass media since television is a
stronger medium and provides us the ability to show ourproducts and services in a live manner to our target audience.
For NDTV, it is a beneficial experiment to start with, since those
connected to the internet shall be aware of their channel and
the show through this tie up".
Film-maker Karan Johars Dharma Productions Pvt. Ltd is a
minority stakeholder in NDTV Imagine Ltd, a part of New Delhi
Television Ltd and Johar, also popular talk show host, is thebrand ambassadorof the channel.
In the latest TAM report the channel shares the number
three slot with Sony, ahead of Sahara, Star One, Sab and
9X. With its weekly Gross Rating Points (GRPs) at 86 are higher
than Sonys (80). The channel has also improved its weekly
reach from 41 per cent to 43 per cent.
-
8/3/2019 Ndtv Marketing
7/24
Marketing Strategy on NDTV Imagine
ADVERTISERS
NDTV Imagine has already attracted brands like Hindustan
Unilever, Paras, Emami, Cadburys, Colgate, Idea, Tata Telecom,
General Motors and Hero Honda and HP.
The channel's initial strategy is to undersell and rope in strong
brands by offering them clutter free ad space. While most GECs
have a six-minute break every half hour, NDTV Imagine has it
every hour. In a couple of days, advertisers such Coca Cola,
Pepsi and Nokia will be on board.
NDTV Imagine has already signed up Idea Cellular and
Clinic All Clear as the lead sponsors for reality shows Dhoom
Macha De and Shava-Shava respectively. The channel has also
roped in celebrities such as veteran choreographer Saroj Khan
and film director and TV show host Karan Johar for differentshows.
But, with a number of established GECs such as Star
Plus, Zee TV (the two leaders), Sony TV and new players such
as 9X and Zee Next, how will NDTV Imagine attract both viewer
ship and advertising money? That is the million dollar question.
For this Mr. Nair says, Our aim is to be visible in most
cities. We should be available on the prime band in all major
-
8/3/2019 Ndtv Marketing
8/24
Marketing Strategy on NDTV Imagine
metros. Both viewers and advertisers will come on the basis of
our content, I can assure that.
MARKET SCENARIO
In their first 13 days, Bindass and Zee Next, channels from
the stable of UTV Global Broadcasting Ltd and Zee
Entertainment Enterprises Ltd, respectively, had a marketshare of 0.4% each and 9X, launched by INX Media Pvt. Ltd,
had a share of 0.9%, as per data from Audience Measurement
and Analytics Ltd (Amap), an audience tracking firm. These
three channels were launched last year.
MARKET SHARE OF HINDI ENTERTAINMENT CHANNELS
33%
25%
20%
4%
6%
3%1%
5%2%1%
Star Plus
ZEE TV
Sony TV
Sahara One
Star TV
9X
ZEE Next
NDTV Imagine
SAB Set
Other
-
8/3/2019 Ndtv Marketing
9/24
Marketing Strategy on NDTV Imagine
In the week to January 26, both Zee TV and Star Plus lost
market share in Hindi general entertainment segment as NDTV
Imagine, NDTVs new entertainment channel, made an entry at
seventh place with 5.4 per cent market share. NDTV Imagine
was officially launched January 21. In its first week, the channel
surpassed INX Media channel 9Xs 3.7 per cent share. Zee
Next, which was launched December, was in 11th place with
1.3 per cent market share. Zee TV shed market share of 260basis points to stand at 25.3 per cent share for the week, while
Star Plus lost 180 basis points to end the week to January 26 at
31.5 per cent.
COMPETITORS
Increasing competition has seen some players trying to
differentiate themselves from the rest of the crowd.
Zee Next , for instance, has positioned itself as a youngersibling of Zee TV, with programming targeted at therelatively younger viewers of general entertainment
channels. UTVs Bindass refuses to call itself a general
-
8/3/2019 Ndtv Marketing
10/24
Marketing Strategy on NDTV Imagine
entertainment channel. Were a youth entertainmentchannel, said Zarina Mehta, CEO, GenX EntertainmentLtd, the UTV subsidiary that houses the Bindass bouquetof channels. I dont mind if we are at the bottom of TRPs
(television rating points) because our programmingtargets the youth and thats not as big as a universe thatothers target.
Indrani Mukerjea, founder and group executive directorINX Media Pvt Ltd 9X, said, 'Our aim is to make 9X theone-stop shop for fiction and non-fiction entertainment,and our content will be distinctive and compelling. It willhave the very best of global production standardscustomized for the Indian audience,'
The competition in this space is likely to intensify as there
may be three more launches this year. Reliance-Anil Dhirubhai
Ambani Group, Viacom18 Media Pvt. Ltd and a yet-to-be named
50:50 joint venture between Alva Brothers (Viacom18 is a
50:50 JV between Viacom Inc. and the Network18 Group), and
Turner International India Pvt. Ltd are set to launch their Hindi
general entertainment channels sometime soon.
STRAIGHT FROM THE RIVALS MOUTH
The only two shows that are working are Ramayana and
Dharam veer. That latter because they cashed in on the
popularity of the young actor who played Prithiviraj Chauhan onStar Plus, says the Star India spokesperson.
-
8/3/2019 Ndtv Marketing
11/24
Marketing Strategy on NDTV Imagine
Joy Chakrabarty, president and head of revenue at Zee
Entertainment also says that only Ramayana seems to be working
for NDTV Imagine and notching up rating of 2.
Media experts say that the channel has kept away from theback-to-back melodramas which have caused viewer fatigue on
most other channels.
Ramayana is indeed a masterstroke since Indians are still
interested in Ram. However, it remains to be seen if its magic will
wear off, says media industry veteran.
NDTV IMAGINES STRATEGY
REACHING THE MASSES
-
8/3/2019 Ndtv Marketing
12/24
Marketing Strategy on NDTV Imagine
A channel thats in the prime band is carried in a
prominent position (or channel number) by the cable network
this increases the chances of a channel being viewed because a
large number of TV sets in the country can still feature only alimited number of channels.
TAPPING CONSUMERS SENSITIVITY
While most others took the soap (opera) route, Imagine
went in for the mythology route in the form ofRamayanand
that seems to have worked, at least, so far, said Salil Pitale,
who heads the media practice at the investment banking
division of Enam Securities Pvt. Ltd. The NDTV brand, Karan
Johars backing and the management team headed by Sameer
Nair seem to have worked. They have got a placement in prime
band in most places, which shows they have struck coherent
distribution deals, added Pitale.
BUSINESS ANALYSIS
As an incentive to attract advertisers in the next four
months, NDTV Imagine has decided to keep 5 minutes of
advertising time for every hour of programming.
This is done to provide a clutter-free climate to
advertisers. Hence, for a 30-minute show there will be one ad
break. If advertisers want any mileage, they will come on
early, Nair said.
Other GECs such as Star Plus, Zee TV and Sony TV have
8-12 minutes of advertising per hour of programming, said a
senior media planner.
-
8/3/2019 Ndtv Marketing
13/24
Marketing Strategy on NDTV Imagine
ANSOFFS CLASSIC MODEL OF GROWTH
STRATEGY
According to the Ansoffs Classic Model for Growth Stage,
above stated strategies should be adopted were General
Entertainment Space is already an existing market and NDTV
Imagine is a new product.
Current product New product
Existing
market
Strategies for Market
Penetration
Increase market share
Increase product usage- increase frequency of
use
- increase quantity
used
Product development
strategies
Product improvement
Product line extension
New product for samemarket
Newmarket
Strategies for Innovation
and Expansion in Market
Expand market forexisting product
- Geographic expansion
- Target new segments
Strategies for Technological
innovation and
diversification
Vertical integration:
Forward integration
Backward integration
Diversification intorelated business(concentricdiversification)
Diversification intounrelated business(conglomeratediversification)
-
8/3/2019 Ndtv Marketing
14/24
Marketing Strategy on NDTV Imagine
RESEARCH METHODOLOGY
For this project the medium of research methodology was
Primary Data - Primary data is the first hand data. Inprimary
Data we have used questionnaire format
from which we then analyzed
the data.
Secondary Data - In secondary data we have useddesk
Information i.e. used information from
Internet, magazines, articles etc.
-
8/3/2019 Ndtv Marketing
15/24
Varieties of Interes
Sports
20%
Devotional
9%
Any other
3%Know ledge
oriented
12%
New s
23%
Know ledge orie
New s
Entertaintment
Sports
Devotional
Any other
Marketing Strategy on NDTV Imagine
PRIMARY DATA
The small sample survey was done by us i.e. 25
respondents. The survey was done on NDTV Imaginechannel and its popularity among population in shorter
period of launch time. The data was analyzed and
evaluated on the responses of the respondents taken by
us.
PUBLIC RESPONSE:
The analysis was about peoples interest in watching
different channels with variety of programs.
According to our survey conducted, we came to know
that out of 100% population of sample size likes to watch:
o sports channels 20%o knowledge oriented 12%
onews channels - 22%o Devotional 9%
o Entertainment channel 33
%o Any other 3%
-
8/3/2019 Ndtv Marketing
16/24
Advertisement
7
21
15
00
2
46
8
10
12
14
16
News
paper
Hoardings Pamplet TV Ads Any other
mode of adv.
no.o
fresponde
Numbers
Marketing Strategy on NDTV Imagine
This statistics shows us that NDTV can capture major market
share as it already has existing market share in news channel
area.
MEDIUM OF ADVERTISEMENT:
The analysis was about respondents awareness through
various medium of advertisement.
According to our survey conducted, we came to know that
out of 100% population of sample size which came to aware
through:
o TV Ads 15
o Newspaper
7o Hoardings 2
o Pamphlet 1
-
8/3/2019 Ndtv Marketing
17/24
awareness of channe l
Yes
72%
No
28%
Ye
No
Marketing Strategy on NDTV Imagine
PUBLIC KNOWING NDTV IMAGINE
There are sample size who are aware of NDTV Imaginei.e. 72% (18 respondents) out of 100% population of sample i.e.
25 respondents. NDTV Imagine still has 28% of market to be
captured which can be done by using proper medium of
advertisement i.e. TV in which it already has channels through
which it can do with fewer expenses to be incurred.
o No of people watch 18
o No of people not
watch - 7
-
8/3/2019 Ndtv Marketing
18/24
Marketing Strategy on NDTV Imagine
PRODUCT LIFE CYCLE
Introduction Informative Tell consumers about thecompany and the product. Informative advertising isused to inform consumers about a new product or featureand to build primary demand.
Growth Persuasive The market is competitive; thecompany will have to encourage consumers to watch overtheir competitors. As most of the target audience becomesaware of the product and competition in the categoryincreases, organizations move to Persuasive
advertising which has the objective of building selectivedemand for a brand by persuading consumers that itoffers them the best value.
From the above PLC diagram, it can be easily evaluated that
NDTV Imagine is in introduction stage.
Now it is on the path of growth, so they have toformulate appropriate strategies to create brand imagein the entertainment industry.
-
8/3/2019 Ndtv Marketing
19/24
Marketing Strategy on NDTV Imagine
In introduction stage, NDTV Imagine have low profits &high expense due penetration in the existing market.
RECOMMENDATIONS
Following are the measures whichNDTV Imaginecan use to shift from introduction to full fledge growth
stage.
CONVERT NON-USER TO USERIn this stages the NDTV Imagine have to attract the viewers
towards their channel.
They can do this by various promotion technique .i.e.
advertisements on various channel, hoarding, e.g.,
Hoardings of Ramayan, Dharam Veer... at supermarkets,
restaurants, and theme parks, etc. i.e. places that are
frequented by families.
CREAT NEW SEGMENT (Geographic allocation)The NDTV Imagine has to cover all location of states. The
frequency of channel should cover even the rural places.
Awareness of channel will play a huge demand of their
channel among the viewers.
SPONSORSHIP
Sponsorship is a strategy used to increase productawareness and build relationships. Organizations use
sponsorships to gain exposure to the audience.
Investments in events or causes would help NDTV
Imagine have more sponsors and in turn would also increase
the number of viewer ship of the channel. Thus Publicity
through conducting events could be gained.
EVENT MARKETING
-
8/3/2019 Ndtv Marketing
20/24
Marketing Strategy on NDTV Imagine
Event marketing is a rapidly growing facet of marketing
communications. Marketers select events to sponsor based
on the target audience.
NDTV Imagine should have tie ups with Award Functionsfor these Event marketing. This would help them built their
brand image.
OTHER STRATEGIES
Entry Strategy:
Avoid competitors from gaining market share by
introducing flanker programs, e.g., airing a popular Hindi movie
in the same time slot where competitors' main program is
aired.
Fill Up Strategy:
Position firmly in the time slot where the leader is notvery good at, like at 9-10 pm.
Focus Strategy:
Have timely innovations based on audience feedback.
Expansion Strategy:
Gain viewer ship by launching attractive programs like
star shows, game shows, in non-prime time slots.
-
8/3/2019 Ndtv Marketing
21/24
Marketing Strategy on NDTV Imagine
LIMITATIONS
We wanted to stick to a topic which would come to noones mind easily thus leading us to have a unique topic and
this is how we decided on NDTV Imagine.
But the channel is just new in the market so doing a
research on this topic was very much difficult and restricted.
There were no books, cases or any other research done in
other words no other medium was there, which we could use
as a guideline for extracting our conclusion.
-
8/3/2019 Ndtv Marketing
22/24
Marketing Strategy on NDTV Imagine
CONCLUSION
Through the study we got to understand that there are major players who
would like to consolidate their positions while there are new channels which are
increasingly posing a threat to them.
The fact that NDTV Imagine is a newly entered product with pretty good
market share, it still needs to fold its sleeves and gear up to remain stable in the
market and has a long way to become a Market Leader.
With our suggested recommendations and strategies NDTV Imagine
would be able to have a good position in the growth stage.
With immense advertising revenues and viewer ship atstake, the channel needs to continually assess and re-assess
their strategies.
-
8/3/2019 Ndtv Marketing
23/24
Marketing Strategy on NDTV Imagine
WEBLIOGRAPHY
http://entertainment.in.msn.com/tv/article.aspx?cp-documentid=1189013
http://news.in.msn.com/business/article.aspx?cp-
documentid=1251078
http://www.animationxpress.com/index.php?file=story&id=3431
http://www.livemint.com/2008/02/05232619/Ramayan-puts-NDTV-Imagine-ahea.html
http://www.indiantelevision.com/headlines/y2k8/feb/feb30.
php
-
8/3/2019 Ndtv Marketing
24/24
Marketing Strategy on NDTV Imagine
BIBLIOGRAPHY
Book - Production Management in India
Book Marketing Strategy By Walker & Boyd