International
Tractors Ltd was the Top Tractor Advertiser on Print Advertising
in 2003: An AdEx India Analysis
April 09, 04 |
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Last week, we had seen the seasonal nature
of the Tractors category in Print. We had also seen that in
spite of the good monsoons, there was no significant growth
in advertising on this category. This week let's look at the
Top Advertisers and Brands in Year 2003. The graph below shows
the top advertisers on Print in this category for 2003.
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International Tractors (Sonalika Tractors)
was the top Tractor advertiser on Print in 2003 accounting
for one-fifth of the money spent on this category (21%). Punjab
Tractors Ltd (Swaraj Tractors) comes second contributing to
18% of the Print spends. Escorts Tractors Ltd, Mahindra &
Mahindra and TAFE rank 3rd, 4th and 5th respectively.
Let's compare this with the graph for the top tractor advertisers
in 2002.
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The graph shows that Escorts Tractors was
the top advertiser in 2002 with an 18% share. It has dropped
to the third place in 2003, its share too dropping by 4% to
stand at 14%. International Tractors with a 17% share was
at the second place. It replaces Escorts to be the top advertiser
in 2003, its share rising to 21%. Punjab Tractors is another
advertiser which climbs up the ladder ranking 2nd in 2003
as compared to being 5th in 2002. Eicher too, jumps from being
10th in 2002 to the sixth spot in 2003. HMT Tractors which
ranked 9th in 2002 is not in the Top 10 list for 2003. One
can therefore conclude that there have been major changes
in the positions in 2003 as compared to the previous year.
So, which were the Top Brands in this category in 2003.
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Sonalika International Tractors was by far the top Brand
in terms of percentage share of advertising spends accounting
for nearly 19% of the spends in this category. TAFE tractors
are ranked at a distant second with a 7% share. Punjab Tractors
has as many as three brands in the Top 10 at the 5th, 7th
and 10th positions all collectively helping in it being the
Second in the Top advertisers list. Escorts Tractors has two
brands; Escort Tractors and Farmtrac 35 Champion at the 3rd
and 9th places respectively.
We shall come out with similar analyses in the coming weeks.
Keep Watching!
(Analysis from AdEx India- A Division of TAM Media Research)
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