![]() Financial Daily from THE HINDU group of publications Friday, Sep 05, 2003 |
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Marketing
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Advertising `Ad firms are squeezed to be innovative' Our Bureau
Mumbai , Sept. 4 INCREASED clutter in the print medium and greater pressure on ad budgets have forced ad agencies to innovate to deliver more bang for the buck. Innovation has taken the form of `linked' ads a series of ads that appear on the same page or in consecutive pages; `figured outlines', or ads with irregular shapes; and teasers, according to a recent analysis of advertising in the first half of the year by TAM-Media Research. Linked ads (on multiple pages) account for almost 50 per cent of all innovative advertising, while figured outlines and teaser ads account for a little over 15 per cent each of innovative advertising. Linked ads (on a single page) account for about 5 per cent of innovative advertising, while L-shapes, ads with product samples, or with the product pasted on to it, and die-cuts make up less than 5 per cent each of this segment. The increasing clutter in the print medium may be another reason why advertisers innovate: there were 30,000 advertisers peddling 50,000 brands in print last year, as compared to 4,600 advertisers selling 8,000 brands on TV, according to TAM-Adex, from an analysis of more than 700 publications and 100 TV channels. "Regular 2-D advertising becomes a blind spot people can't even recall a front-page solus ad in a newspaper they've just read so there is a need to do something different," said Mr Manish Porwal, General Manager - Investment & New Initiatives, Starcom Worldwide. "And especially when budgets are smaller, you have to take chances to get noticed."
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