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Kamat pointed out that that with fundamental changes happening,
media fragmentation on the upswing, true integration and talent
was required to churn out top advertising. He stressed on the relevance
of content and that mutual respect between both the agency and the
client was vital and not the procurement evil. "Purchase departments
have been now given the responsibility for calling for pitches."
Shantaram said that ad agencies are still too focussed on what
to say than what to do. "We are currently focussed on the content
and not the context. We need to change our approach and redefine
ourselves and form relationships. Our advertising need to affect
transformation and bring in incremental change."
The challenges that were pointed out were that agencies were being
treated as suppliers and not strategists. The need for the hour
was most definitely said to be raise the level of confidence agencies
currently command with clients.
The AAAI Diamond Jubilee seminar 'Beyond the Horizon' culminated
with Lintas India chairman & MD Prem Mehta giving the valedictory
address, the recipient of the AAAI Premnarayan Award last year.
Mehta summed up the day highlighting the key issues addressed through
the day. The need to build partnerships, remuneration cuts and the
need for agencies to invest in themselves were thoughts that Mehta
shared. The good news Mehta pointed out was the fact that racing
fragmentation was accompanied with the phenomenon of an evolving
consumer - both socially and economically.
He added, "Marketing has come of age, but the Indian industry
is such that it has not seen the luxury of evolution. Aspects like
pricing are becoming deciding factors. On the overall scene, this
has led to the reduced ability to invest long term, which is a cause
of concern."
He urged the gathering to introspect and inch towards integrated
communications outfits and move beyond the agency -client divide
and embrace each other to produce a more fruitful outcome.
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