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As for LIC (Life Insurance Cooperation of India), it usually freezes
its advertising budgets in March. This will be LIC's first ever
annual deal. Also, with the onslaught on private players, LIC has
probably realised that before it loses its monopoly position, the
time has come to reiterate the brand and its values to its customers.
LG has predominantly been a major cricket spender apart from LG
CDMA. LG seems to be a question in doubt as to their strategic intent
to tie-up with a KBC2. With LG keeping a very low profile
in the recent past; it is not very clear as to what its agenda is.
Nokia on the other hand, is a brand that usually advertises on niche
channels. After the last cricket World Cup, Nokia allocates 40 -
50 percent of their spends to impact baskets, the rest being weekly
magazines, outdoor tie-ups and print. The exception was Indian Idol,
although the monetary stakes for KBC2 are far bigger. In
essence, Nokia will be entering the mass platform for the first
time in such a big way.
Hyundai are moderate spenders and more skewed towards print and
niche channels as well. This time round, Hyundai is probably ensuring
itself a huge reach platform and property so to combat Maruti's
latest offering Swift.
Interestingly, most brands that have come onto KBC2 are
male skewed brands This in all has enabled KBC2 to bring
into its basket a wider range of advertisers who are not very active
on Star Plus. KBC2 will also therefore help broadbase Star
Plus' advertiser base.
Validates Vaz, "All the sponsors confirmed so far are not
the regular high spenders on Star Plus. We have signed up with advertisers
across various categories like cement, telecom, insurance and consumer
durables. Some of these categories have got onto television for
the first time in such a big way."
All female brands usually coming from the FMCG sector, targeting
male audiences has always been a mammoth task; cricket being seen
as the only impactful but heavy cost medium. Explains a media analyst,
"The brands on KBC2 are all male skewed. This makes
sense as male brands usually need to be constant for some time.
So, considering KBC2 is a property where the lock in period
is high, it makes for a sensible buy for these brands"
While a KBC2, forces one to pool in resources for a total
of six months, "brands that stand to take a risk will actually
gain in the long term. KBC2 will force a brand to be constant,
to be constantly in advertising space, in the consumer's mindspace
on a big media window for a consistent period," adds another
media professional.
If one breaks down the estimated deal of the associate sponsors
(130 -150 million) and across the entire 85 episodes (5100 seconds)
then the approximate spot cost for a 10 seconder comes to Rs. 2,74500.
Which is approximately the cost of a spot buy on Kyunki...
Considering a total of 600 seconds of advertising time, and 60
seconds blocked per sponsor (assuming 6 sponsors), 360 seconds are
blocked for associate sponsors; thereby leaving only 240 seconds
for spot buys.
Spot buys which will go at a heavy premium is estimated anywhere
between Rs 3,50,000 - 4,00,000 for 10 seconds.
Is it worth the monies? Vaz retorts,"KBC2 cuts across
audiences and hence appeals to every brand. Every advertiser we
have spoken to has been very upbeat about the programme and are
very convinced that KBC2 will be the biggest thing on television
this year. The six sponsors already on board are not the regular
high spenders on Star Plus and the believe in the power of KBC2."
Says Madison media director Sudipto Roy,"Every brand that
has made some headway in the last two years have been risk takers.
If a brand has to risk, it would rather be a risk on KBC2
than a much talked about cricket series which delivers an average
TVR of a seven or an eight."
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