The year 2010 saw key events that shaped the advertising and media industry – in India and abroad. Besides the industry regulars – Cannes Lions, GoaFest, FICCI Frames, IMPACT Person of the Year – there was the exchange4media Conclave and the first ever exchange4media Radio Advertising Awards…
exchange4media Conclave 2010
The exchange4media Conclave 2010 was held in two legs – in Delhi on June 9, 2010 and in Mumbai on June 11, 2010. The Conclave saw the participation of several advertising and media stalwarts – both global and Indian – who shared their views on myriad topics ranging from ‘Emerging role of India in the global context’ to lessons from the past decade and client-agency relationship, among others.
The Keynote Address at exchange4media Conclave 2010 on June 9, 2010 in New Delhi was delivered by Tim Love, Vice Chairman, Omnicom Group & CEO, Omnicom APIMA. The session chairperson was G Krishnan, CEO, TV Today. And the topic at hand was – ‘Emerging role of India in the global context: Taking the giant leap from developing to developed nation.’ Tim Love spoke on India in the global context and the role India has to play in the global economy.
The exchange4media Conclave 2010 concluded with a Power Panel that was marked by some intense debate. The panellists – Ashok Venkatramani, Madhukar Kamath, Jasmin Sohrabji, Sam Balsara, Sivakumar Sundaram – gave their views on the learnings from the decade gone by and the expectations from the next decade. Session Chairperson Vir Sanghvi encompassed even the audience in the debate, which made the session very interactive and involving.
Delivering the keynote address at the exchange4media Conclave 2010 in Mumbai on June 11, Irwin Gotlieb, Global CEO, GroupM, highlighted the huge opportunities for marketing and advertising industries through digital distribution of media. According to him, “All we need to do is embrace change and have a bit of vision. The fact is that vision requires acute observation and deep understanding.”
Unilever’s Rahul Welde had the audience’s attention with his special address on ‘The New Age Marketer: As the dust settles on slowdown, what are the new rules?’ at the exchange4media Conclave n Mumbai on June 11. Welde stressed on the need to have big ideas that travelled across the globe and ideas that could be crowd sourced or open sourced.
Uday Shankar, CEO, STAR India, was crowned the coveted impact Person of the Year 2010 at a glittering ceremony in Mumbai on the evening of December 16, 2010. The event was presented by Jagran.
With zero shortlists in Titanium & Integrated and Film Craft Lions, India’s last fighting category was Film Lions, and Ogilvy & Mather India has won a Silver Lion Campaign for Breakthrough. With this, the final metal tally for India is 17 Lions. Last year, Indian agencies had won a total of 25 Lions.
The final day of GoaFest 2010 ended on a high note for Ogilvy India, which bagged the maximum number of Creative Abby – 43 to be precise (three Golds, nine Silvers and 30 Bronzes). The agency also bagged the Grand Prix in the Integrated category for Vodafone ZooZoos. Nirvana Films, too, took home the Grand Prix for Vodafone ZooZoos.
Day 2 of GoaFest 2010 saw the announcement of the winners of the highly anticipated Media Abbys. Maxus scored the maximum with 11 metals comprising one Gold, five Silver and five Bronze Abbys. Lodestar Universal and Mudra Max won three Gold Abbys each, while Mindshare won two Golds.
There seems to be no end to the controversy surrounding the Creative Abbys held during GoaFest 2010. While there have been reports of the GoaFest Committee mulling action against the agencies whose judges voted for their own work, there is no concrete plan in place yet. Now, a verbal duel is on between two ad honchos – Pops and Bobby Pawar.
The eagerly awaited names of winners of the first ever exchange4media Radio Advertising Awards (ERAA) were announced at a grand ceremony in Mumbai on October 7, 2010. Big Bazaar and Vodafone have jointly won the coveted Radio Advertiser of the Year award. The Radio Advertising Agency of the Year award went to Leo Burnett, while Percept Media was declared Radio Media Agency of the Year.
Spikes Asia 2010 ended with the Spikes Awards ceremony. India has sent the highest number of entries this year, but the metal tally has dropped from the 41 of last year and to 36 metals this year. Winning agencies include JWT India, Ogilvy India, TapRoot India, BBDO India, MediaCom India, Mudra Group, Leo Burnett India, McCann Worldgroup, Grey Worldwide India, Bates 141 and Creativeland Asia.
The Association of Indian Magazine (AIM) announced on September 7, 2010, that it would conduct an ‘Engagement Study’ for magazines, which could act as an alternate source of data for advertisers. Pradeep Gupta, President AIM, announced this on Day 2 of the Indian Magazine Congress (IMC), after advertisers and media agencies expressed their concerns over the measurement issue that has plagued the magazine industry for long.
The 11th edition of FICCI Frames came to an end on March 18, 2010 on a happy note with I&B Minister Ambika Soni announcing several sops for the entertainment industry during her valedictory speech. The Government is also learnt to have finalised the Cinematography Act to curb piracy.
Readership measurement comes in for intense scrutiny every time the IRS (Indian Readership Survey) results are released. Every round there is a fight on whether Average Issue Readership (AIR) or Total Readership (TR) is the more relevant metric. And while the debate still rages on, AIR is still winning.
Our typical marketing budget is usually 10 per cent of the topline spend