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Day 1 at Goafest 2018 sees Baba Ramdev make major announcements
GOA: They say the advertising sector is for hardcore creative people and by working round the clock all year, one needs an escape from it now and then. Goafest is one such adverting event that brings together all the creative minds in the industry to celebrate, sit back and enjoy three days in the beaches of Baga!
The 13th edition of Goafest hosted by The Advertising Agencies Association of India (AAAI) in association with The Advertising Club commenced yesterday.
Captains of the industry MK Anand, Vikram Tanna, Nakul Chopra, Vikram Sakhuja, Ashish Bhasin, Ajay Kakkar and Jaideep Gandhi lit the ceremonial light.
Pepperfry CMO and head of new business Kashyap Vadapalli began the session by speaking about the brand’s own growth story. The company wanted to promote Indian artisans and craftsmen and build honesty and transparency in the company. Today, Pepperfry has streamlined its business, and taken supply, mixed with technology, to the Indian consuming class. “We worked towards standardising the entire category. Since we were very close to manufacturers, it helped us bring value to the Indian consumer,” said Vadapalli.
He mentioned that Pepperfry has launched 10 house brands that contribute to 50 per cent of their business, 27 studios across 15 cities in the country and is planning to launch 12 more. The key learning from Kashyap’s session was to constantly evolve and listen to the consumers and their needs.
Next up, was a man who came swathed in a saffron loincloth, a.k.a Baba Ramdev – the mind behind India’s largest swadeshi (domestic) FMCG brand Patanjali. After starting classic style with a gayatri mantra, he dived deep, full Hindi, into how everything, from knowledge, emotions, actions, expertise, experience, skills, innovation, research, resource, and even waste converts to wealth.
Even though he had humble beginnings from an agriculture background, he was never scared to dream of a prosperous country, even for the poor, and the biggest financial powerhouse. “I only had one question: What can I do about this country? From farming to retailing, I haven’t studied anything, but the world is enough to teach me lessons. When you come face to face with reality, it teaches you lessons no conventional course can teach,” said Ramdev.
An avid rebellion of MNCs that he is, Ramdev mentioned that he made Patanjali a Rs 500 crore brand without any major investment in advertising as opposed to MNCs who believe in creating a fairy tale picture while selling every product. He said, “We don’t believe in having glamourous ads as we want our products to speak for themselves and only highlight the product’s benefits or ingredients.” He also announced that with the growing profit rate of Patanjali, the company will double its turnover in 2019.
Peppered with laughter, yoga, life lessons, jokes and harsh doses of reality, he shared the essence of his being: Jo karo, usko pura karo, 100 per cent daalo apna. Usko beech me mat choro, which translates to – Whatever you do, do it whole-heartedly. Give your 100 per cent and don’t leave anything mid-way. He also stressed that companies should not focus on cost cutting as it leads to delivering poor quality products which will result in a great fall for the company sooner or later. Companies also need to have an open mind about implementing newer technologies into their systems since the world is going digital and technological advancement is the need of the hour today.
While he encouraged everyone to take risks, he also said, “Whatever you do, do it without ego. Give it all. There is nothing called destiny.” Without any inhibitions, he also added that while some people depended on hard work, some relied on destiny and some believed in cheating. “I believe in universal justice. If you cheat, you might grow for 10 years tops. What will you do after that? Same is the rule for destiny. Work on your work; not on Gods.”
During his session, Ramdev also publicly announced that Patanjali will venture into selling liquid milk and other dairy products by next year. He also confidently declared that the company will also launch kids-wear, activewear, accessories and fashion clothing for men and women by 2021. He concluded his session by publicly announcing that Patanjali will also launch its own mineral water very soon and the company has already started work in that area.
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Microdrama Specialist COL Group International Builds Out With Narativ, Rock Networks & BlingWood Deals
MUMBAI: Microdrama powerhouse COL Group International is building out its distribution network, with its CEO saying vertical video is about to enter its “next competitive chapter.”
The microdrama arm of publicly-listed Chinese company COL Group appointed Narativ Media as its official distributor in the Middle East and North Africa (MENA) and CIS regions and Africa, and a struck new content deal with a new Dubai-based microdrama platform.
The deals were unveiled this morning at MIP London, and also included Rock Networks as its exclusive Southeast Asia telco distribution partner for its app, FlareFlow. MIP London is now into its second day at the Savoy Hotel and adjoining IET London complex.
The deals come soon after COL appointed Harbour Rights to represent its titles in Europe and Latin America, as we reported yesterday in our extended feature on microdrama distribution.
COL’s Singapore-based microdrama unit says its “coordinated global distribution architecture and significantly expanded international content slate” would help to scale its catalogue to more than 1,700 microdrama titles worldwide. These hail from South Korea, Japan, Africa, the Middle East, Southeast Asia and the UK and roll out across Sereal+, FlareFlow and 17K.
A deal with Dubai-based BlingWood, which recently launched as an OTT platform, will expand COL’s access to Middle Eastern and Indian microdramas, and includes a broader pipeline of Indian series from storytelling platform Pratilipi, Korean titles from BeLive Studios and British reality-led formats from Tattle TV — the UK’s first dedicated microdrama app, including titles such as Dog Dates.
“Microdrama is entering its next competitive chapter, where quality, retention and monetization standards are increasingly shaped by data and operational discipline,” said Timothy Oh, General Manager of COL Group International.
“As pioneers in both China and the U.S., scaling some of the world’s leading platforms in this space, we understand what it truly takes to win sustainably. Our role is not simply to offer catalogue volume, but to help partners select, position and scale the right content for their platform and audience. By bringing together a broad, constantly refreshed slate from across regions, we enable smarter curation, clearer differentiation and long-term growth for serious industry players.”
Narativ deal
COL and UAE-based Narativ described their deal as a “strategic expansion of premium vertical content distribution across high-growth emerging markets,” and comes as the microdrama continues to boom financially. The growth of the medium will be among the key topics of conversation today at MIP London, where COL chief Oh will be speaking.
The pact extends beyond content representation and is being billed as part of a more “structured micro-drama distribution infrastructure.”
Narativ will spearhead market development, platform alliances, broadcaster relationships and digital monetization frameworks across the MENA and CIS regions and Africa, where they have identified “rapid mobile-first consumption growth and strong demand for short-form, high-engagement storytelling formats.”
“Micro-dramas are reshaping global viewing habits, particularly across mobile-first markets like MENA, Africa and CIS,” said Manjyot Sandhu, CEO and co-founder of Narativ. “Our appointment as official distributor for COL Group in these territories reflects Narativ’s strategy to build sustainable distribution architecture.
“A key pillar of the collaboration includes integration with FlareFlow, enabling strategic telco partnerships, bundled carrier offerings, and alternative monetization pathways designed to accelerate scale across mobile ecosystems and OTT platforms.”
Oh added: “We are building more than a content slate – we are building the global infrastructure for microdrama. With hundreds of new titles launching every quarter, scale and regional strength are critical. Narativ with its deep foothold in MENA, Africa CIS and other key markets makes them a natural strategic partner as we expand FlareFlow and bring microdrama to new platforms, telcos and audiences.
Narativ, which is joint venture Sandhu operates with Copyright Capital, manages around 7,000 hours of content and has a digital network spanning 150 million subscribers across 21 language.
COL Group has emerged as one of the biggest microdrama platforms, running platforms such as FlareFow. It is also a part-owner of ReelShort.
