MAM
The Indian Brand Summit discusses new ways to reach the consumer
MUMBAI: The India Brand Summit 2006 culminated with a final session on ‘New Ways to Reach the Consumer’. Chairing the session was Reliance Retail chief executive consumer durables Rajeev Karwal along with Lintas’ Lynn De Souza, TAM Media Research LV Krishnan, Leo Burnett’s Arvind Sharma, Maxis CEO Asia Pacific CVL Srinivas and Jet Airways DGM brands Alok Saraogi on the panel for the evening.
Lynn De Souza begun by stating that new media primarily consisted of digital (internet and IPTV), out of home, on the move media and the consumer himself, which she felt is by far the most powerful. However, she was of the opinion that that in India traditional media still has great potential to grow and predicted that it will continue to be important for at least the next 10 years, mainly by recreating itself through interaction with the consumer.
Srinivas on the other hand brought certain key concepts to the discussion. He talked of ‘Media Meshing’ which is the simultaneous consumption of media, as he believes media consumption is changing rapidly and it is time for media owners to ride the tide in this direction. He also spoke of ‘Social Media’ where people are primarily the creators, influencers and observers, something that has been fueled by a concept like blogging. “If you combine the two, you get a multi dimensional black box that will force advertising agencies think more differently. This will give us an impetus to move away from big bang advertising to ‘micropersuation’. The world is changing and change is at our doorstep.”
Sharma addressed the gathering with some eye catching visuals and highlighted the fact that ‘consumer disseminated content’ is what is leading the way. Communication between consumers via the internet and mobile phones has the capacity to spread like wildfire and thus helps to drive the brand. These could include jokes, cartoons, a 30 second spot however, a classic example was that of Gmail, which has absolutely no advertisements but is something that through invites has grown in leaps and bounds merely by consumers acting as agents to pass it on.
Saraogi on the other hand explained how the ‘human quotient’ of media or rather the human needs that new media poses to serve. He added, “Today, while technology reduces boundaries people also desire to be able to communicate thus we need to leverage the power of technology and make it relevant to each consumer.”
TAM’s LV Krishnan spoke specifically from a television perspective and eluded the point that TV has evolved from getting eyeballs to consumer engagement. Studies from his organisation supported suggested, for different categories different mechanisms are used to get more effective engagement. Like for example for house wives it is sound that forces her to rush out of the kitchen and catch the climax while for youth and kids both visuals and sound helped get kids involved in each program.
Taking a shot at the media researchers Lynn added that media research was still not adequately developed and that with the emergence of these newer mediums like the internet and DTH and the interactivity that they incorporate can provide sufficient measurability thus, there would soon be no need for media research.
All these industry experts all tread different paths in the various ways to deliver content, yet they all aim at the same goal of ultimately reaching the consumer!
Brands
Google nears Nvidia in race for world’s most valuable company
Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.
MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.
That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.
Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.
The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.
Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.
Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.
Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.
The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.
At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.
