Tuesday, July 28, 2009

Sindoor: A cultural symbol for millions of Indians...


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Brand: ICICI Prudential
Agency: Lowe
ICICI Prudential used the greatest metaphor Sindoor – which encapsulates protection, for the purpose of concept selling in life insurance and communicating the generic benefit of protection. “Use of an Indian cultural symbol at once endeared the campaign to millions,” says Brand Guru Santosh Desai. Results were equally overwhelming; research conducted by ORG Marg put ICICI Prudential with highest score on image parameters like safety, services, good returns, et al. Between February 2001 and 2002, the company’s ad and brand saliency improved tremendously and helped it get a lead over other private insurers. And next, came Jeetey Raho! Still wondering why ICICI Pru is the biggest private insurer in the country?

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Monday, July 13, 2009

Does Creativity have an Expiry Date?


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Ogilvy’s hot-shot spoof champ (of Sprite fame) Ajay Gehlaut steps on the gas, straightaway. “It’s sad, but true that awe, respect and reverence for the grey-haired brigade is a thing of the past. In today’s world, speed with quality is the name of the game and youth appear to be hotter players in this space.” He points to a galaxy of young NCD’s, CD’s, even CEO’s (Prasoon Joshi) warming the hot-seat – something unthinkable two decades ago. “In this digital age, five years is considered decent experience. In the gaming scene, you have whiz kids at age 16! Its freaky, man! Information not wisdom is the new mantra.” Shyam Benegal, the iconic film-maker – who started out as a copywriter! – brings his brilliantly evolved spin to the table. “While all this energetic, excited, hi-octane stuff is true, one must realise that it is restricted only to the ad scene, which is only one narrow aspect of the creativity base/universe.” Benegal says that it is not a new thing at all. In earlier times too, youngsters defined the adbiz “and either you were kicked upstairs – or kicked out!” However, today out-of-the box and freak-out stuff seem to be the hot tickets and clearly the younger lot is much better at it than the oldies. Why? “Because as you grow older, maturity arrives and with it a sense of perspective, rationale and analysis – none of which really contributes to the free-for-all creativity demanded from today’s adland.” Structure, discipline, training have all evaporated into thin air. A very special, hallucinatory kind of mood and colour seems to be the flavour of the day, a willful suspension of disbelief stretched to the ultimate limit.” Chetan Verma, Corporate Communication Chief, PowerGrid, brings his informed views to the table. “I definitely think creativity comes with an expiry date and the reasons are simple. Never before has almost any product/service category enjoyed such huge youth-specific target groups and in this environment, thinking young [hence] is a must. Also, adaptability, flexibility and thinking-on-your-feet to hit the ground running are attributes that lend themselves much more to the younger lot than oldies. In a nano-second, consumer-driven world where tastes, beliefs, wants, needs and desires change at an alarming speed – frequent based on impulsiveness – no prizes for guessing which constituency can best track it - and crack it! Admittedly, there are spaces and segments that engage the older lot, but [everything considered] creativity and youngsters are indeed made-for-each-other.” Interestingly, the two kids who come on next, to wrap up the debate, beg to differ! Spiky, the hip-hop Creative Consultant at Leo Burnett, Mumbai, believes that age has nothing to do with creativity and cites the examples of M.F. Hussain, Piyush Pandey, Pops and Mohammed Khan, who remain icons. “Fads, fashions and trends admittedly are stuff beyond their bandwidth but there is an entire universe that need their specialised attention, skill and finesse. I think experience and maturity provides invaluable value-addition.” Shubhra Tandon, the young and attractive servicing dynamo – DraftFCB Ulka, Delhi – agrees totally. “I think, too much hoo-haa is made of this under-25 war-cry. Sure, its true, but c’mon yaar, there is life beyond the FMCG world!” A sharp head on young shoulders, Tandon believes that at the end of the day, advertising is neither about scoring brownie points, jargon-flashing nor a cold recitation of facts and figures. “Its about establishing a connect with life (and people) based on experience and human insight that are likely to touch, move (and therefore) convince more people to come around to their way of thinking”. A smart agency, she believes is one that has a blend of both. “Remember confluence – not conflict – is the most desired viagra in these recession-hit times!”

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Source : IIPM Editorial, 2009

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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