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How
to reach a billion people in 18 languages
Advertising
challenges:
The
Indian market poses a challenging task to the advertising industry.
The advertising message has to reach a billion people, speaking
18 different languages, of many cultures and scattered all across
the Indian sub continent. The literacy level also varies from
above 90 percent in some states to below 40 percent in other states.
The per capita income varies from USD 90 in poor states up to
USD 450 in some rich north Indian states. Advertiser's can reach
their audiences through television, radio, cinema, print medium,
outdoor advertising, sales promotion and the Internet.
The shift towards brand
equity:
As advertising budgets have grown, so too have India's advertising
agencies. The change in the focus of advertising is visible in
the industry. Instead of focusing on demand creation, end-user
now works towards building a brand image. Prior to the 1990's,
end-users were working in an era when all manufactured goods were
sold. Normal demand generation was the key job of advertisers.
Marketing departments used to work on rationing the production
to different parts of the country. The competition that arrived
with globalization of the Indian market changed all this. Brand
and logistical distribution become all too important for end-users.
Thus, the focus of advertising companies also changed. Brand equity
became an important tool for advertising agencies, which expanded
beyond traditional services.
Outdoor advertising,
the reminder media of choice:
Outdoor media is the best forms of reminder advertising in all
the major cities in India. It includes billboards, kiosks, wall
paintings, bus panels, bus shelters, and suburban railway carriages.
In metropolitan cities, the demand for outdoor media exceeds the
supply, producing relatively high prices for such advertising.
The average rental for a billboard (10 feet x 20 feet) varies
between USD 50 and USD 300 per month, except in Bombay where prices
are almost three to four times higher. Bill boards in India do
not use paper but are hand painted. Several innovations have been
introduced in outdoor advertising since the early 1990's.
Why outdoor advertising makes business sense:
Of all the media options available to the advertiser, outdoor
is particularly effective for the following reasons:
- The
outdoor market is growing about 18%*+ annually
- Culture
and language variations make visual impact an important communication
factor
- Growing
middle class and increasing buying patterns from the consumer
- Opening
of the telecommunication, insurance and consumer products have
further given the advertising industry a boost
- Signage
is increasingly used in the retail market
- Marketing
*
Approximately
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