5 Minutes Read

Storyboard18 | Neo Bharat Latex paint comes in as a big innovation in technology, says Asian Paints

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Storyboard18’s Shibani Gharat spoke with Asian Paints’ Managing Director and Chief Executive Officer Amit Syngle about going beyond four walls and learnings from entering home décor space.

Asian Paints, India’s foremost paint and decor company, earlier this week, launched its Neo Bharat Latex Paint business. The company is venturing into a new category of paint as robust growth in the sector driven by increasing urbanisation, rising disposable incomes has encouraged existing players to tap into the booming demand and lap in more market share.

The Neo Bharat Latex Paint boasts a special polymer technology that delivers unmatched finish, increased coverage, and enhanced washability.

Branded as “Colours of Progress,” Neo Bharat Latex Paint is poised to revolutionise the category, embodying Asian Paints’ dedication to innovation and excellence. It aims to broaden its presence in the ever-evolving industry and make it more accessible to all.

The company has also onboarded cricketer Virat Kohli as its brand ambassador for the new launch. This will be the company’s mass market offering with an aim of penetrating into the unorganised segment with a branded solution.

Storyboard18’s Shibani Gharat spoke with Asian Paints’ Managing Director and Chief Executive Officer Amit Syngle about going beyond four walls and learnings from entering the home décor space.

“Virat Kohli is someone who has got a lot of accomplishments and a trust. That connect is something which we wanted to use in terms of looking at Neo Bharat coming and people appropriating this brand with Virat and progressive India,” he said.

For more, watch the accompanying video

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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 5 Minutes Read

Embracing change for transformation | Jean Lin, Global Practices, Dentsu

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

A few months ago Dentsu announced the launch of its ‘Global Practices’ structure and key leadership appointments, led by Jean Lin, Group President – Global Practices, Dentsu Group Inc. The idea was to bring in an integrated client-facing unit. We caught up with Jean Lin to find out how it has worked for Denstu Group so far, and to get more details on the overall growth strategy.

Towards the end of October 2023, Dentsu Group reshuffled its leadership and unveiled a ‘global practices’ structure to centralise its teams and change the face of integrated growth delivery for clients.

This new entity is led by Group President of Global Practices, Jean Lin.

The launch underpinned Dentsu’s ambition to build an integrated, end-to-end solutions to drive client growth, while emphasising its commitment to the global leadership brands including Carat, iProspect, Dentsu X, Dentsu Creative, Merkle and Tag.

On the other hand, Peter Huijboom, the captain of the ship (until Harsha took charge as India CEO) after Dentsu’s restructuring in 2022 that saw a series of top management exits from the organisation, stepped down from his role as CEO, media and international markets.

Rob Gilby, CEO of APAC and other regional CEOs now work with Global Practices.

We caught up with Lin to discuss more about the Global Practices team, challenges facing the business today and her view on the next leg of Dentsu’s journey.

Lin is a Dentsu veteran having joined Isobar in 2004 following the acquisition of Wwwins Consulting, a digital consulting firm she founded in Greater China, eventually becoming Global CEO of Isobar in 2014.

Since 2019, Lin has held several senior executive positions at Dentsu international including Global CEO CX and commerce, and Global CEO Creative.

She became an Executive Officer of Dentsu Group Inc. in 2021 to develop the group’s business solution and accelerator for sustainability, Dentsu Good.

Lin most recently served a member of Dentsu Group executive management team and as Chief Culture Officer at the group before taking on the role as Group President – Global Practices.

Read excerpts of the interview below:

Q: You set up Global Practices under Dentsu Group in October. Tell us more about Dentsu’s strategy’s in setting up Global Practises and what does it do?

A: This is part of a very important action for Dentsu Group to move into an even more client centric organization, to help our client really to deliver their growth. In our new operating model, we have a few key components in in the model- we have a very, focused management organization and committee to ensure that we always lead with client at heart, while proactively thinking of how can we help clients to solve the problem. We also have this global practices where we bring in all the unique and fabulous capabilities at the end together to ensure that we create a learning organization and also ensure that all the best practices are brought to the client proactively, in a distinctive and connected way to help clients to drive, drive growth and deliver integrated growth solutions. We have a component called data and tech because we have a lot of data and technology products, this is a key focus area to help our clients deliver next level of growth in enabling them to deliver a solution. We have a clear data and tech strategy to enable the organisation to grow horizontally. We have global delivery unit. Many of our clients are looking at how they can enhance efficiency but also proactively thinking of how can they, drive the strategy and growth through our talent. And this global delivery unit is what is really enabling our global growth.

Also Read | Brands focusing on individual and societal needs deliver reputational growth: W Conran Design

Q: So how do your regional CEOs-AMEA, APAC CEOs, Japan CEO work with Global Practises?

A: So we’re basically one management team. This is one Dentsu model to have one strategy, one process and one management team. All the regional CEOs are partner for me in the Global Practice on how we define the ‘go-to-market, and other solutions. And we work with the regional CEOs on how they implement it proactively and in a relevant way to the local markets. Because not one market is the same. What we want to do is to help our clients assess our capability much easier and more consistent way. But we don’t want to create a top down model, because sometimes that doesn’t work in helping to deliver to our client with agility.

Q: How is it implemented in India?

A: Yeah, India is one of the most interesting players and they are really ahead of the time because they have been thinking about this with client centricity over the past few years. So, the global practice is really going well over. The creative, media and CXM and how they work together. I just had a meeting with them just to watch them and how they proactively connect with each other to solve the client’s problem.

We are not really bogged down in in terms of what’s the organizational structure. We have a mind-set of how can we create this value for our client that are ideas led, AI powered and value driven regardless of where you sit in the Dentsu organisation.

Also Read | Brand Breakthroughs: Can gen AI make all marketers creative?

Q: What are the top challenges facing your business today?

A: I think the overall advertising market has, huge opportunity and challenges because of a few things. Technology has now democratized many of the functionality. AI is coming into play that can actually push us in thinking on how we deliver content advertising and solution in an entirely different way. The clients want something that is less complex and they want something that is more integrated. This really gives us an opportunity to think of how we organize ourselves, how we deliver solutions, how we come up with innovation to really drive impact for our clients’ businesses in an entirely different way.

Q: You have been with Dentsu for decades, the group has had a complete overhaul for the past few years to have a new structure. How do look at the journey of this transformation that has happened?

A: One thing, I want to say first is that Dentsu is a company was 123 years of history. We were joking about it the other day. A lot of the things that we have been through from this historical lens of 123 years is like a blink, right? We need to change. We need to transform ourselves. We need to perform better.

And we want to innovate. We want to create impact. For this to happen, we do need to take the suffering as well to ensure that we transform and really embrace change. I think that is what’s happening in the past few years. There is a journey that we all are on boarding and we are taking our team with us. There are some colleagues that we really love that are doing different things right now that they never intended to, but we are always and forever grateful for the fact that we actually enjoy the moment with them and create something meaningful while they are here.

I think now we are on a new page. We have a new strategy. We have a new operating model. A lot of our clients are actually telling us how happy they are when we go through the simplification. We have done a lot of hard work in the past few years, and this is a moment we can truly create value for them.

For more, watch the accompanying video

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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FCB Group’s global CEO Tyler Turnbull lauds Dheeraj Sinha’s fusion of creativity, tech, and data

In a period marked by significant leadership transitions and strategic advancements, Interpublic Group (IPG) owned FCB Group in India has experienced a series of transformative shifts. The recent appointments of Dheeraj Sinha as Group CEO for India and South Asia, alongside the induction of new deputies to helm the marketing communications company’s agencies, underscore a profound evolution within the organisation.

Dheeraj Sinha’s appointment as Group CEO heralded a new era for FCB Group in India, leveraging his extensive experience as the former Leo Burnett South Asia chief. With a background steeped in strategic planning and a nuanced understanding of creative dynamics, Sinha’s leadership has been hailed as instrumental in orchestrating remarkable progress within the organisation.

Tyler Turnbull, Global CEO of FCB Group, commended Sinha’s adeptness in amalgamating creative fervour, technological acumen, and data-driven insights to propel the company forward. Turnbull expressed utmost confidence in Sinha’s leadership, attributing the agency’s recent successes to his astute guidance and collaborative approach.

“Dheeraj Sinha had the perfect blend of creative passion, technology experience and a data-driven mindset as a former planner and strategist. His first six months have been phenomenal,” Turnbull stated in an interview with Storyboard18.

Under Sinha’s leadership, FCB Group has witnessed a surge in both talent acquisition and client engagement, positioning itself as a formidable player in India’s marketing landscape. The agency’s notable achievements include campaigns for esteemed brands such as Google and Tata EV, emblematic of its transformative trajectory and unwavering commitment to innovation.

Looking ahead, Turnbull articulated a vision wherein FCB Group, under Sinha’s leadership, aims to redefine client partnerships and streamline agency ecosystems. “Clients today, want to simplify their model. They want more accountability and they want partners who can provide end-to-end services across the entire marketing mix.

And what Dheeraj has been able to do and our teams have been able to do is we can help clients across the entire spectrum of what they are doing, and that I think is very unique in this market,” Turnbull said.

Additionally, Storyboard18 engaged with Tarun Katityal, former CEO of Zee5, shedding light on his latest venture, Coto—an app dedicated to fostering a safe and inclusive online community for women.

Embracing a Reddit-like format, Coto serves as a digital haven, facilitating candid discussions on a myriad of topics ranging from health and wellness to career advancement and interpersonal relationships. With a focus on empowerment and connectivity, Coto embodies a progressive vision for digital engagement, resonating with audiences seeking authentic interactions and meaningful connections.

Storyboard18 also delved into the realm of banking marketing, engaging Ravi Santhanam, Group Head & CMO of HDFC Bank, to unravel the intricacies of promoting financial services in an age rife with digital innovations and emerging threats.

Santhanam shed light on HDFC Bank’s proactive stance against financial frauds, exemplifying the institution’s commitment to safeguarding its customers’ interests and fostering trust in an increasingly digitised banking landscape.

Watch the accompanying video for the entire conversation.

 5 Minutes Read

Why should laundry only be the woman’s responsibility asks Mukta Maheshwari, CMO, P&G India

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

In her first interview with Storyboard18 in her new role, Mukta Maheshwari says that nine years ago when P&G started #ShareTheLoad campaign, 75% of men felt that doing the laundry was a woman’s job. Today, only 25% think so, as per P&G. That’s good progress, but is that enough?

“Why should laundry only be the woman’s responsibility?” asks Mukta Maheshwari, Chief Marketing Officer, P&G India, and Vice President, Fabric Care, P&G, Indian subcontinent. This is Maheshwari’s first #ShareTheLoad campaign for laundry detergent Ariel after taking charge in this new role.

“If you want to represent the voice of the consumer and drive societal shift, you should be aware of the conversations the society is having. About nine years ago, when we started the campaign, 75% of men felt that doing the laundry was a woman’s job. Today, only 25% think so. That’s good progress, but is that enough? Women still don’t believe there’s equality at home. 79% of women still call when they are away and check with their partners on how things are going at home. That means that still there’s work left to be done,” asserts Maheshwari.

“Today, women comprise 25% of the workforce, and their numbers are growing. If women are to contribute to the world, they need to feel confident that the home front is fully covered when they are away. That’s why we shifted this year’s focus to the mental load that women carry. While the physical load may be taken care of, they are still going through a list in their head which runs into pages and pages,” says Maheshwari, and adds, “The intent is to drive shared responsibility and ownership.”

Asked what’s wrong with simply making a sale without attaching deeper meaning to it, Maheshwari replies, “I think the difference between a product and a brand is that a brand has a persona and it has values. I will take the example of Ariel. One aspect of Ariel is that it gives the best results. No matter what the condition is, no matter who does the laundry. The other is the emotional aspect of the brand, that it is a partner to women, and truly believes that if women progress, society progresses. This is not a forced purpose. Today, consumers demand more from brands, and buy brands that stand for something. It is exciting to be part of this movement and to try to move the needle, to evolve as a brand, and drive the conversation in society,” she said.

Maheshwari’s home situation somewhat relates to the campaign, which aims to foster a culture of equal ownership and accountability of household responsibilities between men and women.

ALSO READ: Storyboard18 | French hospitality chain Accor’s CEO says missing the India opputunity would be a ‘stupid mistake’

“I am living the #ShareTheLoad life,” she declares. “I have just moved from Singapore, though my family’s still there. I have two very young children and would not have dreamt of taking this leap had my husband not inspired the confidence that my home team is one solid team,’’ she adds.

Maheshwari is excited to be back in India. “I was out of India for 17 years and couldn’t be more excited to be back. If there is a time to be a part of the India story, it is now. If there is a time to be a marketer in India, it is now. It is one of the most complex marketing ecosystems,” she adds.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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 5 Minutes Read

From fads and trends blah-blah to hard working marketing

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

A great brand never killed a business but a bad business destroyed many iconic brands, writes Shubhranshu Singh in this week’s Simply Speaking column for Storyboard18.

I was at more than a few ‘summits’ this past month and I saw the glib irrelevance to which marketers have reduced themselves play out on stage again and again. I felt like laughing and crying at the same time. I am a business leader and a marketer. Earlier to my present dual role, I have spent a career in businesses run by marketers. I wasn’t taught to distinguish between the business and brand realities.

Brand and business are two frames for the same reality. We are living in times when more will change than ever before and in a shorter time than we have imagined. Disruption is not any longer a violent, cataclysmic change but a routine occurrence, emerging from hitherto unanticipated quarters. Marketers must understand, promote and deliver innovation that is – hopefully – disruptive in a value creating sense.

The seed of disruption lies in innovation. Innovation needs disciplined experimentation. But before you experiment you need a hypothesis – Can your marketing team generate enough? Are they trained in consumer shoes? Is there insularity or openness in developing brand building programs? Are you acting today with tomorrow’s logic or with yesterday’s logic? Progress heads, like a river, only in one direction. So does time. Therefore the only scientific basis for the proof of progress is the validation of ideas via experimentation and its consistency in results.

Experimenting should be done on business essentials. Only then can we expect faithful abiding by the results. Manifest reliable results on scale. One can’t race a speedboat in one’s bathtub. In a spray and pray model, success remains a lottery – the survival of the lucky few by a cosmic draw of lots.

In many brand unconscious businesses, marketing can be seen as indulgent, peripheral and non serious. Digital has made it more tactical and ephemeral. Being obsessed about clicks, swipes and likes without considering the return journey back to real business outcomes.

Much of marketing today slides down into a rabbit hole in a frenzy of activities without an agreement on business asks. Then, detached from business, they mouth purpose, authenticity, empathy, etc which makes them appear unconcerned and self-indulgent. On a voyage without a destination, these ‘blah boats’ inevitably careen over to a beach that doubles as a graveyard. Leaders compound this dysfunction through chronic underinvestment and understaffing of capabilities.

Good marketing balances both art and science to form resonant connections between companies and consumers. Bad marketing relies on guesswork and superficial cleverness without a deeper purpose. This disparity fundamentally impacts everything from profit to brand sustainability to lasting consumer relationships.

Every business leader today bears responsibility for fostering good marketing. And marketers need to invite criticism, challenge and rejection. Instead of living in a small echo chamber, they need to deliver the business results and get every function in business on board. Inviting dissent while analysing and generating options may be the right way forward.

Much of the criticism about marketing is also concerning ‘hype today, never heard of again’ so internal communication is critical as is bringing about objective closure. Good marketers take the long view, with a long-term vision, to anticipate future needs instead of simply reacting to urgent requests. They understand the difference between activity and results. Rather than chasing quick wins like social media milestones, they focus on driving key performance indicators (KPIs) that matter: pipeline generation, customer acquisition, and revenue.

Cisco CEO John Chambers once cautioned employees: “I don’t confuse hard work with results.” Chambers understood that meaningless activity is useless without outcomes. Superficial publicity tactics should never disguise what’s inside the marketing theatre. If efforts do not yield measurable strategic gains, companies must refocus priorities rather than celebrating the empty facade of progress.

Unfortunately, the misdirected activity of light weight, jargon heavy, trend obsessed ‘light marketing’ dominates the external communication about what matters. Since they are much celebrated, inconsequential activities displace essential campaigns amidst daily fire drills. Quick fixes override long-term goals. Departmental silos suppress customer needs. Yet this culture thrives because bad marketing thrives by camouflaging itself in contemporary priorities. It flourishes by mimicking the forms of strategic marketing – the dashboards, slogans, and buzzwords – without the substance.

But Chambers’ wisdom holds the answer: link all marketing directly to measurable business outcomes. Align culture and leadership to this standard while ignoring the theatre. Then, channel resources toward work generating pipeline, revenue, and acquisition wins rather than fleeting buzz.

“The most common source of management mistakes is not the failure to find the right answers. It is the failure to ask the right questions.” Wrote Peter Drucker.

Indeed the only question that eventually matters is about result outcomes.

When in doubt ask ‘why’ before ‘what’s and ask ‘how much’ before ‘how’. One should practice a data-driven approach and conduct A/B tests. The marketing leader is also the data keeper and information lead. Action without testing invites failure.

The dangers of ‘bad marketing’ stem not just from wasted budgets or missed opportunities but also from mediocre talent that violates customer trust. Ed Catmull of Pixar got it right when he said: “Give a good idea to a mediocre team, and they will screw it up. Give a mediocre idea to a great team, and they will either fix it or come up with something better. If you get the team right, chances are they will get the ideas right.”

The bone marrow of branding is TRUST. In an era of unprecedented corporate access to consumer data, marketers bear immense responsibility for transparency, privacy, and consent issues. Yet headline after headline reveals brands overstepping boundaries in shady data practices or manipulative targeting. Such ethical missteps produce disastrous consequences that outweigh any short-term gains.

Authentic branding comes from listening to stakeholders’ needs instead of talking to them through one-way messages. It comes from building a community – both inside and outside company walls – based on inclusivity, diversity, and care for all people affected by the brand. And it comes from decisive leadership commitment to restraint when legality and ethicality diverge.

Finally a word about risk aversion. It’s an endemic issue. It’s safest when you do what others have done or do what you’ve done before. No wonder the marketing herd falling prey to the carnivores of circumstances. Opportunity is as important as risk. Risk won’t kill you or your project if the upside breaks forth in green shoots. For fat-tailed risk, it’s crucial to spot and eliminate dangers at source. Successful marketing leaders focus on not losing, every day, while keeping a keen eye on the prize.

In marketing, as in all businesses, the adage holds the truth: “Shortcuts make long delays.” Lasting success relies on taking the more difficult but rewarding path of building relationships through trust earned step-by-step over time.

Shubhranshu Singh is vice president, Chief Marketing Officer, Tata Motors CVBU. He writes Simply Speaking, a column on Storyboard18. Views expressed are personal.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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EssenceMediacom’s one-year report: Cleartrip welcomes Dhoni, and Tata Salt unveils refreshed campaign

Rupert McPetrie, CEO of EssenceMediacom in the Asia-Pacific region was visiting India this week.

It was just a year ago that GroupM’s newest and largest agency, EssenceMediacom, was formally launched with an ambition to deliver marketing breakthroughs for their clients.

In APAC, this one-year old agency is led by Rupert, and it recruits over 2,500 people in 21 offices across 15 markets in the region.

In an interview with Storyboard18, McPetrie talks about how the agency has done in its first year, what they expect in India, and more.

Ayyappan Rajagopal, who is the CEO of Cleartrip, recently posted a video on social media.

He teased that Cleartrip has a new captain without reveling any names.

It now turns out the new leader is Mahendra Singh Dhoni.

Ayappan says he is the “right celerity to endorse the brand.”

Storyboard18 also talked to Ayyappan about why Cleartrip needed a new leader, what they expect from Dhoni, and their plans for marketing this year.

Tata Salt, a famous brand of salt in India, launched a new advertising campaign.

They’ve updated their old catchy jingle ‘Namak ho Tata ka, Tata Namak’ from the 1980s.

The new version promises to surprise and delight customers. It also shows how Tata Salt has been a part of Indian households for a long time.

The campaign was created by Ogilvy and includes 11 funny videos showing the jingle in different everyday situations.

It also celebrates the brand’s 40th anniversary. Storyboard18 spoke to Deepika Bhan, who is the President of Packaged Foods at Tata Consumer Products.

Watch this video for more.

Brands focusing on individual and societal needs deliver reputational growth: W Conran Design

advertising

Conran Design Group, supported by Havas Group, has unveiled its latest proprietary study titled ‘Citizen Brand,’ spotlighting brands achieving balanced growth by addressing both individual and societal needs.

The report underscores the importance of brands aligning with a new compass that navigates individual aspirations alongside societal imperatives such as inclusion, environmental sustainability, and societal contribution.

Anais Guillemane Mootoosamy, Strategy MD at W Conran Design, emphasises the significance of this approach stating, “By being a balanced brand or a citizen brand – addressing both society and individual – what you can deliver is reputational growth by attracting new talent and bringing new updates for the products and services.”

According to the study, the top 20 Citizen Brands have successfully met the dual demands of individuals and society, with the top 10 Citizen Brands in India comprising Google, Tata, Amazon, Samsung, Microsoft, Tata Motors, Apple, Sony, LG, and Paytm.

In a strategic move, Havas Group recently merged Conran Design Group with Paris-based agency W to establish the Conran Design Group Network, consolidating their expertise in brand and design services. The global rollout of Conran Design originated in India, reflecting the country’s burgeoning market for design and entrepreneurialism.

Thom Newton, Global CEO of Conran Design Group, reflects on the decision to launch the network in India, stating, “We are absolutely convinced and committed to Mumbai and India being one of our key global hubs as we grow.” Newton highlights India’s vibrant ecosystem and entrepreneurial spirit, which aligns with the network’s vision of establishing world-class offerings in key strategic locations.

In a separate development, ICICI Lombard has introduced an innovative integrated media initiative titled ‘Game of Life.’ Sheena Kapoor, Head of Marketing, Corporate Communications and CSR at ICICI Lombard, explains how the campaign utilises the immersive nature of virtual gaming to engage with the digital-native generation, highlighting life’s uncertainties and advocating for protection against unforeseen challenges.

Watch the accompanying video for the entire conversation.

 5 Minutes Read

Storyboard18 | Orry plans his downfall after tasting success. Find out why and how

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

While fans and followers are waiting to get their hands on an Orry ‘I am a liver’ T-shirt or an Orry special phone case, Orhan Awatramani says he knows what goes up must come down. In this interview, he talks about how he plans to deal with it, and also about the strategies and successes so far.

Know what Orhan Awatramani, or Orry, is up to these days? He is planning his downfall.   Having tasted success at many levels, Orry says: “I’ve climbed high, and as they say, what goes up must come down. So, I want to plan an epic downfall, a spectacular crash that paves the way for a comeback. Because after a crash, you get back up.”

That apart he continues to ‘work on himself’ and his exclusivity.

Exclusivity has been a powerful marketing tool for luxury brands, creating a sense of desire and scarcity around their products. Orry follows the same rulebook. While fans and followers are waiting to get their hands on an Orry ‘I am a liver’ t-shirt or a Orry special phone case, he says these items cannot be bought. It can only be received as gifts and as tokens of appreciation from him.

Does that mean he doesn’t want to sell these ever? No. He just doesn’t want to sell this now and doesn’t want to start yet another brand that dilutes the person behind it by being available everywhere.

He is clear on one thing , if and when he launches a brand it will be exclusive and of course unique. There could be an Orry Event where the tickets could be Orry T-shirts.

This social media star is doing anything but following the influencer playbook.

Here’s how he’s turning down millions by not selling merch and building a loyal following on his own terms.

Edited excerpts:

Can you walk us through the key milestones in your brand journey? How did you conceptualise and shape your personal brand?

Life is hard. It throws challenges our way, and hard work is essential. Every morning is a new chance to put in the effort. It might seem like I don’t work hard, but I truly believe in the saying ‘hard work beats talent when talent doesn’t work hard.’ The truth is talent without hard work is like having the tools but never building anything.

Of late, it feels like everyone’s preaching something. My approach is different. I’m not here to complain or judge –  whether someone is a nepotism product or naturally gifted. Comparing yourself with others leads to negativity. Focus on your own path, your own life. You can’t get a do-over. This is it.

That’s the core of my philosophy: live your best life. Pursue what brings you joy, because tomorrow isn’t guaranteed.  I didn’t just randomly coin the phrase ‘I am a liver’ for this interview. Everyone keeps quoting it. Living my best life has been my mantra for a long time. It’s really about embracing every opportunity and making the most of your journey. My whole brand is about ‘living your best life’.

We don’t see a marketplace you are active in, yet you are everywhere. What is it that you are selling? And who is your target audience?

There are currently no plans to sell merchandise — be it my T-shirts or my phone cases.  I understand the interest. I get a lot of requests to sell them, too. But for now, the focus isn’t on selling products. I’m not selling you T-shirts. I’m not here to sell you merchandise. I am not a salesman. I am here to sell you the dream. The dream is to just be happy.

As for my target audience, while Gen Z connects a lot with me, age is really not a barrier for me. There are people across age profiles who follow me on social media and I think I connect with all age groups.

When you say ‘there are currently no plans’, do you mean you can have a change of heart later and fans can one day own a piece of Orry merch?

Absolutely. While I’m not opposed to merchandising in the future, if I ever sell something, it will be in a very cool way. I envision unique experiences, like an exclusive Orry event, where a limited edition T-shirt becomes your ticket. Currently, there are three Orry T-shirts. So, imagine a 300-person party with only 100 of each design. It will be a party with Orry.

The event is in the talks.

But for now, my focus is to spread the message of happiness. It resonates with people, keeps me going, and allows me to attend events that bring joy to others and myself. These appearances are currently my primary source of income. People call me to weddings and they are happy to pay me anywhere between ₹15 lakh-₹30 lakh. They want me to attend not as a guest but as a friend, maybe to the groom or someone else.

So my actual audience keeps me so afloat that they want me there at their events.

So, if there is ever an Orry brand, say like a makeup line, it will be an affordable one. My audience comes first, and being pricey isn’t the goal here. I can make money elsewhere. Accessibility is important.

So, basically you are building up suspense and creating a demand for your future line?

Yes, I am. There are lots of merch items I generally gift people. There are T-shirts, key chains, bag tags, and stickers but they are currently for gifting only. I’ve given them to my team, supporters, and even media personnel.

During Christmas, I gifted some Orry hampers and we got calls from Delhi and Haryana where people wanted to order as many as 300 of those hampers for gifting. So we have received innumerable requests to sell these items, but for now, they’re only a way to show appreciation.

This approach builds a sense of exclusivity. My limited-edition T-shirts, featuring my emojis, follow the same logic. Owning one lets you know which designs you’re missing, creating a playful demand.

Beyond creating a sense of exclusivity with limited-edition merchandise, what core principles guide your approach to building your personal brand?

Building a brand is about authenticity, not forced promotion. I learnt this young. People can see through inauthenticity.

For instance, for collaborations, the script is crucial. When you come to me with a proposal to collaborate with your brand, it’s no longer about your Nivea or your Vaseline. It’s about brand Orry. The Vaseline collaboration, for instance, workedbr wonders because I wasn’t forced to sell something.

It was funny and it was relatable. So was the CRED ad. I liked the script and I took it up because it aligned perfectly with my brand. But if it feels forced, I won’t do it. The focus should be on creating entertaining content that incorporates the product naturally, not a hard-sell.

Is there a no-go area for you when it comes to endorsements?

I’d rather endorse something that’s unhealthy than endorse something that I do not believe in — say, for instance, an alcohol brand or a cigarette brand or even a pan masala brand or chips because you and I already know they’re unhealthy.

But I’d not promote a health product I don’t believe in or something I don’t actually consume, because I would not want to deceive my audience.

Social media plays a crucial role in personal branding. What is your strategy for leveraging social media platforms to enhance your brand presence?

They say fame in India is a two-horse race: Bollywood or cricket. Maybe a politician here or there, but that’s not quite pop culture. Then there’s me, Orry. Not quite Bollywood, not quite cricket, but carving a new lane.

People tell me I’m a trailblazer. Paving the way for authors, influencers – anyone outside the usual suspects. It’s exciting! This new kind of fame feels wide open, full of possibility.

But here’s the thing: fame on my terms. My Instagram isn’t just random posts; it’s a movie. Every reel and photo is meticulously chosen to tell a story. I pick the content like an actor picks a script. It’s about creating a vibe, a little mystery that keeps people hooked.

The same goes for Snapchat. It’s the behind-the-scenes cut, the bits that fill in the blanks on Instagram. More personal, a little closer look.

But Instagram has its limits. I don’t want to spam my followers. I’ve recently started exploring YouTube. There is only one video up there and there will be a new one soon. I’ll soon be posting a  video about Orry Number Nine, part of my whole “Orryverse” thing. It’s not even about me – it’s her story, her journey.

This is how I use social media — building a brand, a narrative, across platforms. It’s a new kind of fame, and it’s working. Who knows where it takes me next? But one thing’s for sure: Orryverse is just getting started.

You talked about the demise of your brand on national television. How is that shaping up?

Let me be clear. I’m not planning to destroy my personal brand. I’m talking about a curated downfall, like what Karan referred to as a “digital demise.” I’m open to calling it that, but here’s the thing: downfalls can be entertaining! Entertainment, entertainment, entertainment – that’s what my world thrives on.

People love a good story, and a well-orchestrated downfall can be the most captivating chapter of it. You’ve seen my rise – the parties, the clothes, Bigg Boss, the media attention, even Koffee with Karan, which is truly  an achievement for non-film personalities. I’ve climbed high, and as they say, what goes up must come down.

So, before the inevitable crash or someone else forcing it, I’d rather take control. I want to plan an epic downfall, a spectacular crash that paves the way for a comeback. Because after a crash, you get back up.

Ideally, I’d like to schedule this downfall for May. But it needs to be incredibly entertaining, something that capitalises on the current attention. Then, after this grand performance, I’ll disappear for a vacation in Europe. Upon my return, I’ll come back with a bang, like a phoenix rising from the ashes.

A downfall isn’t about self-destruction. It’s about creating an entertaining saga, not shutting down my Instagram or erasing everything I’ve built. It’s about taking charge of the narrative and using it to propel myself forward.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
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Storyboard18 | Lay’s unveils heart-shaped potato pallets under new sub-brand Lay’s Shapez

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

In discussing Lay’s Shapez’s launch strategies and the evolving chips market, Soumya Rathor, Category Lead – Potato Chips, PepsiCo India provided valuable insights into how Lay’s envisions the future of snacking consumption.

Lay’s, the iconic potato chip brand, has broken away from its traditional circular form to introduce heart-shaped potato pallets under its latest sub-brand, Lay’s Shapez. The decision marks a significant departure from Lay’s conventional product offerings and underscores the brand’s commitment to innovation in the snacking industry.

Storyboard18 had the opportunity to sit down with Soumya Rathor, Category Lead, Potato Chips, PepsiCo India, to delve deeper into this groundbreaking development and gain insights into Lay’s strategic approach.

“For a long time, Lay’s has not thought beyond the circle. It is the first foray into a different shape, and that is why the company has launched the platform called Lay’s Shapez,” Rathor explained.

Highlighting the rationale behind the unconventional shape, Rathor shared, “One of the shapes that a lot of Indians resonate with is the shape of the heart.” This bold move not only showcases Lay’s willingness to experiment but also demonstrates its understanding of cultural preferences in the Indian market.

Also Read | Jagrut Kotecha to lead PepsiCo in India, Ahmed El Sheikh moved to Middle East business

Rathor emphasised that shape is just one aspect of Lay’s Shapez; equally important are the flavours. “We have two exciting flavors in it, ‘masala’ and ‘caramel’,” she revealed. This dual focus on shape and flavour illustrates Lay’s commitment to delivering diverse and enticing snacking experiences to consumers.

Asserting Lay’s position as the pioneer in the chip category, Rathor stated, “We are the leaders in the category. We created the culture of snacking in India.” This confidence in Lay’s heritage and legacy reflects the brand’s unwavering dedication to shaping the snacking landscape in the country.

Also Read | DGGI initiates action on ITC, Prataap Snacks, others for alleged tax evasion: Exclusive

In discussing Lay’s Shapez’s launch strategies and the evolving chips market, Rathor provided valuable insights into how Lay’s envisions the future of snacking consumption. With changing consumer preferences and an increasingly dynamic market landscape, Lay’s remains steadfast in its pursuit of innovation and excellence.

The introduction of heart-shaped potato pallets under Lay’s Shapez marks a bold step forward for the brand, signalling its readiness to adapt to evolving consumer tastes while staying true to its heritage.

For more, watch the accompanying video

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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nifty 50 ₹16,986.00 -72.15
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nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Pidilite launches Fevikwik Gel, Neeraj Chopra joins Visa team for 2024 Olympics

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Visa Inc. the global leader in digital payment has signed up Olympic gold medalist and the Javelin world champion Neeraj Chopra as a Team Visa athlete ahead of the Olympic Games in Paris in 2024. Shibani Gharat spoke to Sujatha V Kumar of Visa and talked about their plans around the Olympic’s in India and much more.

Pidilite Industries, a leading manufacturer of construction, specialty chemicals and art and craft products has launched its new product Fevikwik Gel.

Speaking to Shibani Gharat, Manish Dubey, chief marketing officer (CMO) of Pidilite Industries explained, “This adhesive is incredibly fast-acting; it adheres instantly upon application. We have listened to consumer feedback and aimed to empower them by offering a solution that allows for adjustments. Essentially, this innovative product provides a 30-second window for readjustments. Whether it’s aligning digits, securing a bag, or correcting any minor misalignments, users have the flexibility to reset for up to 30 seconds. Our campaign slogan reflects this: ‘Galti Sudharne ka Mauka De’.

Visa Inc., a global leader in digital payments, has signed up Olympic gold medalist and Javelin world champion Neeraj Chopra as a Team Visa athlete in preparation for the 2024 Olympic Games in Paris. Chopra joins badminton superstar PV Sindhu as the second Indian athlete to join Team Visa, alongside other global athletes, underscoring Visa’s dedication to and prominence in the world of sports. Sujatha V Kumar of Visa shared insights with Shibani Gharat about Visa’s plans for the Olympics in India and more.

Shibani Gharat engaged in a special discussion with Dilip R.S, Director and Country Manager, Alexa, and Parag Gupta, Director and Country Manager, Amazon Devices India. Amazon India commemorated six years since the launch of Alexa and Echo smart speakers in the country. The duo delved into the journey of the interactive voice assistant Alexa in India.

 Watch this video for more.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?