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JioCinema amps up advertiser advantage for IPL 2024 with a slew of innovations
Mumbai: Viacom18 announced the launch of multiple innovations for advertisers around the upcoming IPL season, including unique offerings that are a first for the Indian broadcasting ecosystem. After digital ad revenues surpassed that of linear TV’s last IPL, reinforcing digital as advertisers’ preferred platform, JioCinema has now expanded the breadth of its offerings to aid advertisers irrespective of their marketing goals or the scale of the business. Each proposition being unveiled this year has been carefully curated to enhance the brand’s proposition and increase the potential of scale and targeting possibilities they can extract digitally.
Every proposition from JioCinema this season has been developed to address a specific use case, such as creating better brand impact, sharper brand integration, friction-free lead generation, and driving better engagement through innovation. Here is a snapshot of JioCinema’s offerings for IPL 2024 with their exciting use cases for advertisers:
Impact
JioCinema has launched its newest high-impact feature, Brand Spotlight that latches on the IPL’s ability to aggregate India in an unrivalled way, especially on opening day. It elevates brand visibility by providing an industry-first opportunity during the first game for five select brands to unveil their IPL campaigns in the opening moments of the first match. This offering will facilitate a marketer’s moment without the conventional boundaries of a mass media campaign. Having a priority spot to launch their engaging IPL opening day blitz will help these five brands play on the audience’s minds that are on the lookout for the most fun ad campaigns of the season. Brands will be able to even tell the story behind their IPL campaigns through the JioCinema app.
In addition to Brand Spotlight, JioCinema’s Masthead will also support video from this season, making it the go-to destination for brands to launch new products, announce sales, unveil new creatives, and more. Another impact property entering the scene this year is Scorecard Branding, which will allow advertisers to build salience among an audience set by displaying sticky behaviour by allowing, the advertiser to own a scorecard, stats, and match analytics.
Innovation
After piloting more than a dozen feeds last IPL, now JioCinema is offering advertisers a chance to own an entire feed. Custom Feeds can be tailored to a brand’s brief to offer them a way to drive the deepest visibility, storytelling, and consideration possible. JioCinema’s innovation for this season has also stretched itself to include Vertical Highlights, packaging match highlights in a shorter vertical orientation akin to trending social media short-form videos.
Engagement
India’s largest live fan engagement opportunity, Jeeto Dhan Dhana Dhan, saw over 50 million participants last season, with over a billion game plays. This season, JioCinema is opening up the high engagement avenue for brands to partner with them offering salience, special brand message integration, deeper engagements on rewards, and an opportunity to gamify their communication at scale.
Ads for Business
This season, an entire set from JioCinema’s advertiser proposition is designed to aid seamless lead generation for advertisers without intruding on the fan’s viewing experience. One such feature is Click to WhatsApp which takes the viewer to a brand’s WhatsApp business chat through a click, while the ad plays on the screen. By overhauling the process of redirecting consumers, JioCinema will help brands talk to their audience one-on-one on WhatsApp while they watch the IPL in PIP mode. On the other hand, Auto-fill Ads is devised to simplify consumer data collection by removing several friction layers in this process. These hard-working midrolls reflect already captured data, leaving the user with just one field to fill, no matter what product, service, or experience they are signing up for.
Integration
One leg of JioCinema’s proposition also focuses on better integration through which brands will now be able to create their own stories and campaigns to reach a wider audience by accessing Cricket’s biggest social media influencer pool, comprising 100+ cricketing legends/influencers and celebs for their social media activations.
“The launch of our array of offerings around IPL 2024 showcases the degree to which customisations are possible in digital advertising along with bringing great value to the table,” said Viacom18 Sports Head of Revenue, Anup Govindan. “For the consumer, we continue removing barriers to accessibility, affordability, and language, while for the advertiser, we continue innovating, democratising the process, and setting new industry benchmarks. Brand Spotlight, in particular, will become an anchor offering in the years to come for its compelling proposition.”
After clocking a record-breaking reach of 450 million during IPL 2023, JioCinema is targeting over 650 million throughout the 2024 season, thus making the launch of JioCinema’s plethora of ad innovations a high-stakes game for advertisers. With the advent of soaring CTV sales and Ultra HD 4K devices commanding a 35 per cent market share within the CTV category, JioCinema will offer advertisers to target the premium universe on IPL for the very first time with the innovative formats available this season.
The JioPhone and JioBharat 4G enabled feature phones from Reliance have democratized internet access, connecting blue-collar workers, farmers, and artisans across urban & rural India. With IPL streaming on these devices, an incremental 35-40 Mn users are expected to be enthralled in their regional language of choice, making the tournament bigger.
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Paisabazaar launches Credit Premier League 2.0
Nationwide campaign rewards highest credit scores with Rs 1 lakh top prize.
MUMBAI: When credit scores become a national league, even your CIBIL report starts feeling like it’s playing in the IPL and Paisabazaar has just kicked off the second season. Paisabazaar, India’s leading marketplace for financial products and the country’s largest free credit score platform, has announced the return of the Credit Premier League (CPL) 2.0, a fun, nationwide initiative to recognise and reward individuals with the highest credit scores.
Building on the success of the first edition, CPL 2.0 introduces higher rewards and broader participation. The individual(s) with the highest credit score in the country will win Rs 1 lakh, while state champions will each receive Rs 10,000. Additionally, all participants from the winning state, the one with the highest average credit score will also be rewarded.
All winnings will be credited directly to winners’ PB Wallet, allowing them to pay credit card bills, recharge mobiles, or settle utility bills seamlessly on the Paisabazaar platform.
Paisabazaar CEO Santosh Agarwal said the campaign aims to make credit awareness more engaging and mainstream. “With CPL, we are bringing together engagement, gamification and rewards to make conversations around credit scores more mainstream,” he noted. “Our focus remains on building a financially aware and credit-healthy Bharat.”
The first edition of CPL saw over 5.5 million participants, with the highest individual score touching 861. Delhi recorded the highest average credit score of 746.
Consumers can participate simply by checking their free credit score on the Paisabazaar platform or app. The CPL leaderboard and rankings will be available exclusively on the Paisabazaar App.
In a country where financial dreams are serious business, Paisabazaar has found a smart way to turn credit scores into an exciting game – because when your financial health gets rewarded, everyone wants to play.
