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Media Entrepreneurship

 
Started by : Jayant Vishnu, Art Director/Sr Art Director, Creative   12 09 2008 12:03:37 +0000
Industry : Advertising/PR/MR/EventsFunctional Area : Strategy Execution(Strategy & Execution)
Activity:  22 views;  last activity : 07 06 2010 20:18:09 +0000

To tide over the economic downturn, Indian advertising agencies’ media buying wings are drawing up fresh strategies to gain maximum value for their clients’ media spend., To deal with economic downturn what real strategies advertising agencies should follow.....

 
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1 Investment
2 Multi-Pronged Strategy

Investment

idea posted by Jayant Vishnu Art Director/Sr Art Director, Creative
I think media have to constantly evaluate the current situation and look at ways and means to maximise clients., they have to relook at their investments critically because there will be less room for speculative investments in media offerings, and a strong need to account for every rupee spent-not just efficiency, but also effectiveness in enabling real sales.
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Multi-Pronged Strategy

idea posted by Sasi Dash Art Director/Sr Art Director, U TV
My idea is to draw up a multi-pronged strategy to help its clients maximise their media spends. It has to conduct periodic reviews of category and competitive spends to ensure that its clients, budgets are being continuously monitored and optimally utilised. They also have to continuously scan the dynamic media environment to look for and grab cost-effective media opportunities that could benefit clients and also identify opportunities for value addition and innovation through our proprietary innovation processes....
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