Thursday, 14 February 2013

Radicals - Group B2- Source- T.V. ads


Celebrities tweeting it wrong
By- Kaushik Narayan
The concept of Twitter didn’t seem like the next big thing when it was launched in the year 2006 but 7 years later it is becoming a platform where celebrities and eminent personalities interact with their fans directly and express their views about everything. The micro blogging site has taken the digital world by storm. More than 500 million users on platform which ensures constant engagement with their idols and creates a niche position for the celebrities to endorse and promote a product of their choice. Like everything has a drawback this too has a draw back. It has been seen that there is lot if misses than hits. This article talks about how celebrities are often misusing this digital platform and turning this digital platform into money making business. This trend has given launch to social media managers who handle everything on behalf of the celebrity. Poonam pandey has 17 brand managers working for her and she takes roughly 80,000rs per tweet and thus turning this social media into a money making venture.
Only few celebrities like Narendra modi , Amitabh bacchan , Priyanka chopra are able to use this platform to its fullest and thus creating an healthy interaction between their fans and them and striking a balance between promotion and interaction. This article further explains how professional teams are created to tackle hurtful messages which are or might be posted on celebrity’s blog. How to mitigate and reduce the damage and all this has given rise the a new era of reputation managers.
Implication:- This article talks about the potential of a digital media and how it can be used. Digital media is a double edged sword and must be handled properly.







Youth brands not getting it right
By Utsav Joshi
Most exciting brands of 2012 says ,”Mercedes, Bata, Peter England, Maruti Suzuki are top 3 in their respective categories. The reason behind this top of mind recall . Now the task for marketers is to find out if there is a disconnect between what India wants and the ground reality. The article says that the brand need not be a new brand , a brand can have a heritage but the important factor is to change and keep on innovating which will create an image about the product in the minds of its consumers. The another reason is the interaction of the brand with the youth today . The agility in the ability to innovate is the crux for any brand to sustain in the market. The example of Bata was highlighted the Czech brand which is in India known as a homegrown brand was able to survive only because of constant innovation and availability of the product to the consumers. This article also talks about how blackberry went out of the way to change its business look to a youth look. We can recall the T.V commercial  “we are blackberry boys” this is a result of innovation and the efforts taken by the company to look young in the minds of the consumer. According to ASSOCHAM report of 2012 it says that an average youth spends around 4000 rs per month on apparels but when he wants to go for a big product he is ready to shell out countless money. Thus the marketers need to tap this potential and need to understand that only cool quotient is not enough value for money is also essential to sustain in this competitive market.

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