MAM
Digital is way forward but auxiliary for top brands: Reports (updated)
MUMBAI / BENGALURU: Two separate studies by unrelated parties have been used in this report. Mobile internet has excellent future prospects in South East Asia, and more so in India says the Indian Digital Advertising Report 2017 (DA Report) by Cheetah Global Lab.
India has, as a country, skipped right over PC and entered the mobile internet age. Although India’s mobile internet penetration remains low, the accelerated development of its infrastructure and support from local carriers have made India one of the fastest growing internet populations in the world. 4G coverage in India continues to rise, and the rural market there has considerable potential.
India differs from markets with more mature digital ecosystems, in that traditional media, especially newspapers, have not yet been seriously challenged by digital content channels. Traditional media would continue to enjoy high popularity and profit margins. Indian newspapers; revenues have continued to grow, and newspaper is still the most effective way for advertisers to reach a great number of users.
However the DA Report says that India’s digital ad market development has been hindered by insufficient infrastructure and limited internet speed, but these factors aside, digital ads are not the main advertising channel for top-tier brands. From the data it has obtained, Cheetah Lab says that it is clear that even if brands had bigger advertising budgets, Indian advertisers would retain a preference for traditional media and the non-mobile internet. According to Cheetah Global Lab, one of the main reasons for this is that at present, the Indian ad market lacks industry standard, widely accepted performance evaluation standards. Compared to digital ads, print media and television ads can provide clearer statistics for reaches and digital ad performance is harder to determine.
In terms of the distribution of spending on digital advertising across all vertical industries, e-commerce, accounting for 19 per cent of all digital ad spending, leads the pack. FMCG comes in second with a 14 per cent share, while banking, financial services and insurance (BFSI) follow closely behind. Consumer durables, automotive, and media & entertainment are not separated by wide margins.
When comparing vertical industries in terms of the percentage of marketing budget spent on digital advertising, e-commerce companies spend the highest percentage at 25 per cent, less than the percentage of advertising budget allocated for television advertisements (38 per cent) and print ads (28 per cent). Number two telecommunications companies allocate 22 per cent of their marketing budgets for digital advertising, followed by BFSI and media & entertainment, in which about one-fifth of advertising budgets are allocated for digital advertising. In the durable consumer goods industry, 17 per cent of advertising budgets go to digital advertising.
The major developments and conclusions of the DA Report are: In the digital age, traditional media continue to thrive in the Indian ad market; Spending on digital advertising in India will be increased in social and video; Standards for measuring ad performance, data, independent third-party verification, and visibility rates: spending on digital ads in the Indian market revolves around these keywords.
A separate report unrelated to the DA Report of Cheetah Global Labs, Indiantelevision.com found, confirms the analyses of India Mobile Video Report (a joint study by Kantar IMRB & Culture Machine) June 2017 that mobile equipment manufacturers, mobile advertisers and OTT players will be investing in mobile technologies to expand their business, explore new avenues in terms of monetisation, especially broadcasters, production units to create new content on OTT, advertisers who are ready to spend on mobile ad placements as they are exploring new opportunities in mobile marketing, where there is a surge in data traffic and addition to mobile video consumers which will open up to new avenues for digital companies.
The Mobile Video Report says further that mobile is the future as most of the data is processed through the small handheld device. Video has adopted a dual role, becoming a means of consumption and expression. There has been a rapid evolution in the way the consumer is expressing her/ his opinion. Hence the brand marketers and digital advertisers are facing distraction as there is an oversupply in data which is confusing them and depriving them from making new opportunities.
But video is future of the content marketing. The Mobile Video Report says that, mobile screen will be attracting more engagement than any other media, likely to be 37 percent higher than TV. Not only are more people turning to the mobile for entertainment, they are also watching and engaging more deeply online.
The report unfolds that daily engagement time on mobile hovers around the four-hour mark, as per the report, it has estimated that the average time of the consumer spent on entertainment is 23 per cent in the last 9 months. And it will register a hike in data traffic from 1.4 GB in 2015 to 7 GB in 2021, which is measured in data traffic per active Smartphone.
The market will grow from Rs 1,700 million in 2016 to Rs 12,300 million in 2020. The digital video subscription market is estimated to cross 12,000 million by 2020. The OTT (over the top content) is growing rapidly; already 3 out of 10 users are across on OTT video platform.
The Mobile Video Report also suggests that 65 per cent of the video surfers on the mobile belong to non-metro towns. And while most of the users are likely to be women accounting for 30 per cent to be avid consumers of mobile video.
While the report also indicates that most of the users spend 3 hours/ week on consuming mobile video, while 90 per cent of this is spent on. It means that the 2 platforms are popular with the consumers that are YouTube and Facebook.
The other indications are, that the medium is popular across the age groups, not just the young, and over half the viewers are above the age group of 25 years. In fact India has more than 20 million avid video consumers who spend more than 22 hours a month consuming video. Mobile video consumption is not just for affluent homes, more than 40 per cent of viewers belongs to SEC C/D/E homes.
MAM
Never put a ceiling on yourself: Edstead CBO Charu Budhiraja’s bold advice to the next generation of women
Edstead’s CBO on trading the hard sell for human truth, and why ‘let the work do the talking’ is more than just a mantra
MUMBAI: There is a particular kind of storytelling that does not announce itself. It does not interrupt your evening with a jingle, or flash a logo at you every thirty seconds. It simply pulls you in, holds you there, and leaves you thinking long after the screen goes dark. Charu Budhiraja has spent over two decades figuring out how to make that happen, and she will tell you, with the ease of someone who has learned this the hard way, that the secret is disarmingly simple: be real.
As chief business officer at Edstead, a Mumbai-based purpose-first content studio, Budhiraja sits at the intersection of creative instinct and commercial strategy. It is a position she has built towards across a career that winds through Ogilvy, Endemol, and Warner Bros. Discovery, and one that has seen her make films for Unilever and PepsiCo, shepherd long-form documentary partnerships, and watch the entire language of branded content change around her. She has sat in rooms where the brief was to sell, and in rooms where the brief was to mean something. Her life’s work, in a sense, has been making the case that those two rooms are the same room.
Ask Budhiraja what two decades in the industry have actually taught her, and she does not reach for the expected answer about strategy or scale. She reaches for empathy. “Over the last two decades, one thing I’ve learnt clearly is that storytelling works best when it connects with real human insights,” she says. “As a woman leader, I believe empathy naturally becomes a stronger part of the process. It helps you listen more carefully to people, experiences, and emotions behind a story.” This, she argues, is not a personality trait dressed up as a professional skill. It is a craft advantage, one that shapes how you enter a story, what you choose to stay with, and how you decide what a brand should and should not say.
That perspective, she says, is what allows a narrative to feel both authentic and commercially purposeful at once. “When storytelling balances both human insight and brand intent, that’s when it truly resonates.” The balance sounds elegant in theory. Getting there, as anyone who has ever tried to align a marketing department with a documentary filmmaker will know, is rather less tidy in practice. But Budhiraja makes it sound like something you can actually plan for, which is perhaps the most useful thing about the way she thinks.
She sees this same quality reflected in how women leaders more broadly approach the documentary space. There is, she observes, a natural inclination among them to look beyond the surface of a story and into its emotional and social architecture. “This lens helps brands tell stories that are not only strategically relevant but also authentic and impactful,” she explains. “When purpose-led storytelling is rooted in real experiences and voices, the narrative aligns more organically with a brand’s larger values and purpose.” It is not that men cannot do this, she is too careful a thinker to make that argument. It is that women in leadership have often had more practice doing it, and that the results tend to show.
The story of how branded content got to where it is today is one Budhiraja has watched from the inside, and in some stretches helped to write. The early days of the format were campaign-driven and product-led. Films for brands like Unilever and PepsiCo were, by her own account, “creatively exciting” but built around a marketing message and measured in short cycles. The audience, in that model, was a target. The story was a vehicle. The logo was the destination.
That model has not aged well. “Audiences are far more aware and selective about what they watch,” Budhiraja says plainly. “They engage with content that feels meaningful rather than promotional.” The shift is not simply aesthetic. It reflects a deeper change in the relationship between audiences and the media they consume, one accelerated by streaming, by social platforms, and by a general collapse of patience for anything that feels like it is wasting your time. Brands that have not adapted to this are finding out the hard way that money spent on content people skip is not really money spent at all.
What has replaced the old model, at least in the work Edstead does, is something considerably more ambitious. “Research-led, purpose-driven documentaries and series allow brands to participate in larger conversations and tell stories that feel authentic, relevant, and culturally grounded,” Budhiraja explains. The word ‘participate’ is doing a lot of work in that sentence. Not dominate. Not sponsor. Participate. It implies a certain humility about where the brand sits in the story, and a willingness to let the story be bigger than the brand. That is, it turns out, exactly the point.
“It’s less about advertising and more about creating stories people genuinely want to engage with.”
At Edstead, the philosophy takes shape as a very specific way of working. Partnerships are built not around visibility or reach, but around shared purpose, and the process begins not with a client brief but with culture itself. “The process begins with identifying stories that already exist within culture and society, and then collaborating with brands whose values naturally align with those narratives,” Budhiraja explains. The idea is that a brand should never feel grafted onto a story. It should feel like it was always part of the landscape the story is set in.
Long-form storytelling is central to this. A documentary or a branded series gives a brand the room to breathe inside a narrative, to become part of it rather than an interruption of it. “We rely heavily on research and long-form storytelling formats, which allow brands to integrate into the narrative more organically rather than feeling like an add-on,” she says. “When a partnership is genuinely aligned with the story, it creates a far deeper connection with audiences while delivering meaningful value for the brand.”
Edstead’s role in all of this, as Budhiraja frames it, is that of a bridge. On one side sits brand intent, which arrives with commercial objectives, a communications strategy, and a board that wants to see results. On the other sits authentic storytelling, which arrives with a subject, a point of view, and an audience that can smell inauthenticity from the other side of a streaming platform. Bringing those two sides together without either losing its integrity is the studio’s founding proposition. “In many ways, our role is to bridge that gap between brand intent and authentic storytelling, ensuring that the narrative remains culturally relevant and impactful,” she says.
Making meaningful content is, of course, only half the challenge. The other half is making sure it actually reaches people. Edstead approaches this by designing content to travel from the outset, building stories that can move across platforms and formats and find different kinds of audiences along the way. “The idea is to create stories that are culturally relevant and emotionally engaging, so audiences feel invested in them,” Budhiraja says. “When a story connects on that level, it naturally sparks conversation.” That conversation is ultimately what converts emotional engagement into brand value. It cannot be bought. It can only be earned by getting the story right in the first place.
On the question of what authentic narrative does for a brand, Budhiraja is at her most direct, and her answer cuts through a good deal of industry noise in a single breath. Years of watching what sticks and what does not have given her a clear view on the matter, and it has very little to do with production values or the size of the media buy behind a campaign. “I can tell you with certainty that the content that stayed with people was never about the biggest budget or the most perfect execution. It was about truth,” she says. “When a brand has the courage to step back and let an authentic story lead, audiences feel it immediately. That shift from watching to feeling is what no media plan can engineer. It has to be earned. And in my experience, the only way to earn it is to be real.”
“That shift from watching to feeling is what no media plan can engineer. It has to be earned.”
Looking ahead, Budhiraja sees the trajectory of branded storytelling continuing to move away from the world of campaigns and into the world of culture. The most impactful branded content, she argues, is already indistinguishable from meaningful storytelling, and the gap between the two will only narrow further. “Branded storytelling today is moving beyond campaigns and entering the realm of culture,” she says. “The most impactful branded content doesn’t feel like marketing at all, it feels like meaningful storytelling.”
The implication for marketers is significant. The skills that built careers in traditional advertising are not the same skills that will build the next generation of brand stories. Budhiraja is direct about this shift. “Going forward, marketers will need to think more like creators and storytellers rather than traditional advertisers,” she says. “Purpose-led narratives, creative collaborations, and platform-native content will shape the future, especially as audiences expect more personalised and culturally relevant stories.” The industry, she suggests, is not quite there yet. But it is moving, and the direction is clear.
Budhiraja’s own journey through this industry has not been without friction. Across media networks, agencies, and now a purpose-first studio, she has encountered the quiet, persistent scepticism that can follow women into leadership roles, moments where being a woman meant being questioned more than the work warranted. She does not dramatise this, but she does not skip past it either. “There have definitely been moments where you feel questioned more because you are a woman,” she says. “Those experiences are not uncommon in leadership roles across industries.”
Her response has been consistent, and it is, characteristically, a storyteller’s response. Do not get louder. Get better. Let the work make the argument you cannot make in a meeting room. “Over time, I realised that the strongest response is not louder words but stronger work,” she says. “When a story connects and creates impact, it speaks for itself. My approach has always been simple: let the storytelling and your work do the talking.” It is advice she has lived by long enough that it no longer sounds like advice. It sounds like fact.
For the next generation of women trying to build careers at the intersection of creativity, strategy, and business growth in purpose-driven media, Budhiraja has a lot to say, and none of it is soft. She is not interested in offering comfort. She is interested in offering clarity. “Experiment relentlessly, and never let anyone, including yourself, put a ceiling on what you can do,” she begins. “Ask questions, and make sure they’re the right ones. Say yes to learning, say yes to adapting, and always learn beyond the boundaries of your current role, because the moment you stop, you limit yourself.”
The women who thrive at this intersection, she believes, are the ones who understand all three disciplines deeply and are not afraid to move fluidly between them. Specialism has its place, but it is versatility paired with conviction that builds careers with staying power. “The women who thrive at the intersection of creativity, strategy, and partnerships are the ones who understand all three deeply and aren’t afraid to move between them,” she says. Then she adds what is, perhaps, the most personal piece of counsel she offers: “And above everything: trust your instincts, hold your opinions, and own your perspective.”
It sounds simple. It is not. But then, most of the truest things about storytelling are like that. They look obvious from the outside and turn out, on closer inspection, to be the product of a great deal of practice, patience, and a willingness to keep asking whether the story you are telling is the one that actually needs to be told. Budhiraja has been asking that question for over two decades. The industry, catching up slowly but surely, is beginning to understand why it matters.






