Top Story

e4m_logo.png

Home >> Advertising >> Article

Goafest doesn't have to think about agencies running a race against themselves: Nakul Chopra

04-March-2015
Font Size   16
Share
Goafest doesn't have to think about agencies running a race against themselves: Nakul Chopra

While Goafest aims to be richer & spectacular and celebrates a decade of its existence, the inevitable question of participation of advertising agencies who refrained from participating the previous year has come up. Last year agencies who gave Goafest a miss include McCann Erickson, Leo Burnett, Ogilvy, CreativeLandAsia and Grey.

Despite these agencies choosing not to participate, the festival which now includes Broadcasters, Publishers and PR agencies, saw participation of 275 organisations  last year . 

Dr. M.G. Parameswaran, President of AAAI said, “We would love every agency to participate, but if some agencies take a stand that they don’t want to participate, who are we to put pressure on them? All the best to them. It doesn’t take away from the awards; the awards will continue. Last year no one had thought the festival will happen, but it did. This year we are planning in advance, and hopefully, it will be better.”

“Unfortunately the awards tend to be very competitive, if an agency says I will participate or not participate depending on my result is an individual decision for agencies to take. I have done that in a particular year myself as an agency head and the issues were clearly tabled with AAAI and Ad Club. The only difference is I announced it would be for a year only and once the issues were tabled and resolved, we were participating from the next year,” said Nakul Chopra, Chairman of Goafest 2015 & Vice President of Advertising Agencies Association of India (AAAI).

When questioned about the individual agencies having their own awards (at the Goafest press conference held yesterday), he said, “Goafest doesn’t have to think about agencies running a race against themselves.”

Ajay Chandwani Award Governing Council Member, Goafest Abbys and Joint Secretary, Ad Club Management Committee, said there was on an ongoing conversation with creative agencies who did not participate last year.

The Organizing Committee of Goafest 2015 also shared a new initiative of Youth Labs introduced for young delegates. These Youth Labs will have a separate Creative Lab as well as a Media Lab. The aim of these Youth Labs will be to provide a platform for youngsters to interact with stalwarts in the industry and get them to sharpen and hone their skills.

The festival will continue with the changes that were inducted in 2012 – there will be a Grand Prix for Film, Print, Radio, Outdoor, Design, Interactive Digital, Direct, Media and Integrated. This year too there will be a window of ten days before the final judging round. During this window, shortlisted entries will be available for the entire industry to review. However, Abbys once awarded will stay awarded.
 

Our typical marketing budget is usually 10 per cent of the topline spend

There are some forces impacting the way our business works. The IT/ITeS sector has changed tremendously. Platforms like Twitter have made everyone journalists. Smartphones have made everyone a photographer. The trend that we are seeing is one of hyperdigitalization, which is causing the lines between product and services to blur. For example, <a href=http://www.exchange4media.com/company/news/amaz...

The OOH sector is among the fastest growing, globally. Brands and marketers have realized its potential and impact and begun to craft medium-specific adverts. Self-regulation is not only necessary but also essential to growth of the sector. The industry needs to exercise a certain level of this self-restraint to prove its commitment to maintaining the best standards in advertising.

<b>Clients are looking for experiential solutions beyond radio or print: Abraham Thomas, Radio City 91.1 FM</b><br><br> From entering new markets to launching large format events, Radio City 91.1FM has been on a roll. The radio channel recently announced the launch of India’s biggest singing talent hunt-Radio City Super Singer Season 8. Earlier this year, the channel set up its own creative-cum...

Under the watchful eye of Walt Disney, Bindass undergoes brand repackaging with a fresh new show ‘Dil Buffering’ simulcast across its linear and social media platforms on September 29 and will launch...

Apart from the mandate for the first project which is the Ashiana Town in Bhiwadi, Tomorrow and InterTwined will deliver brand solutions across film, print, radio, outdoor and activation besides provi...

Despite advertising picking up after a slow Q1, regional FM players still feel that the lingering effect of GST, RERA, demonetisation will still make its impact felt during the upcoming festive quarte...