June 2022

CLICKTHRU

FOR STIMULATING STORIES FROM
THE WORLD OF MARKETING

Sustainability is key!

Hello All,


It’s been a busy summer for many, especially from a personal standpoint. Summer vacations have finally opened for travel after a hiatus of two long years for obvious reasons. Hotel cash registers have been continually ringing, both for domestic as well as international travel.


On the economic front, inflation has been a worry for consumers as well as the government. Oil prices at USD $120 per barrel have fuelled this with the Russia Ukraine war in the backdrop.


On the business front, OOH has resurged after a difficult period. Increased measurability, integrated campaigns are helping OOH gain its rightful share in the media mix. At Laqshya, we are excited to introduce SHARPer for clients, which will help plan out of home campaigns in the most optimized manner, and over an extended range of 62 Indian cities.


Here’s wishing that we have a regular monsoon ahead, in lead up to the much-awaited festive period.



Best wishes


Team Laqshya

CLICKTHRU

FOR STIMULATING STORIES FROM
THE WORLD OF MARKETING

Sustainability is key!

Hello All,


It’s been a busy summer for many, especially from a personal standpoint. Summer vacations have finally opened for travel after a hiatus of two long years for obvious reasons. Hotel cash registers have been continually ringing, both for domestic as well as international travel.


On the economic front, inflation has been a worry for consumers as well as the government. Oil prices at USD $120 per barrel have fuelled this with the Russia Ukraine war in the backdrop.


On the business front, OOH has resurged after a difficult period. Increased measurability, integrated campaigns are helping OOH gain its rightful share in the media mix. At Laqshya, we are excited to introduce SHARPer for clients, which will help plan out of home campaigns in the most optimized manner, and over an extended range of 62 Indian cities.


Here’s wishing that we have a regular monsoon ahead, in lead up to the much-awaited festive period.



Best wishes


Team Laqshya

Cover Story

Outdoor advertising sector to see growth over pre-pandemic levels: Laqshya Media

Firm sees a revival in brands’ spending on billboards; aims to focus more on technology-led innovations. Leading outdoor advertising company Laqshya Media Group said ad spends by brands on billboards have seen a strong revival post the third pandemic wave and the industry is expected to see growth over pre-pandemic levels. The company, which completed 25 years since inception, said it is betting big on technology innovations for future growth.

Talking about the industry growth, Atul Shrivastava, Group CEO and ED, Laqshya Media Group said, “The outdoor advertising segment (Out of Home) was estimated at ₹5,000 crore in 2019. The industry saw a decline in revenues by almost 50 per cent due to the impact of the pandemic. But since March, we are seeing brand spends grow again on billboards. We believe the industry will not only get back to the pre-pandemic levels but see growth over pre-pandemic levels in this fiscal. We believe that in this fiscal year we will see a growth of 15-20% over pre-pandemic levels. We began witnessing a revival in March post the third pandemic wave and April is also looking promising with consumer mobility back in full swing."

Indian Marketing News

‘Mindless creation of brands has begun to get revisited’

In an interview, Ashish Mishra, managing director, Interbrand India, talks about the post-covid world marked by new requirements from brands and consumers Read More

‘Mindless creation of brands has begun to get revisited’

In an interview, Ashish Mishra, managing director, Interbrand India, talks about the post-covid world marked by new requirements from brands and consumers Read More

Billionaire Adani’s Food Venture Is Best-Performing Asia IPO

(Bloomberg) -- India’s Adani Wilmar Ltd. is an outlier among Asia’s newly listed stocks. The food company has almost tripled since its debut while most newcomers are trading under water. Read More

Billionaire Adani’s Food Venture Is Best-Performing Asia IPO

(Bloomberg) -- India’s Adani Wilmar Ltd. is an outlier among Asia’s newly listed stocks. The food company has almost tripled since its debut while most newcomers are trading under water. Read More

Laqshya Media Group expands its suite of services with the launch of NewsCoverage.in

Laqshya Public Relations, a newly established PR vertical of Laqshya Media Group announces that it is expanding its suite of services for brands seeking Read More

Laqshya Media Group expands its suite of services with the launch of NewsCoverage.in

Laqshya Public Relations, a newly established PR vertical of Laqshya Media Group announces that it is expanding its suite of services for brands seeking Read More

Parle Agro seeks six-month extension to implement plastic straw ban

Parle Agro, a beverage company which owns popular brands such as Frooti and Appy, has urged the government to extend the deadline Read More

Parle Agro seeks six-month extension to implement plastic straw ban

Parle Agro, a beverage company which owns popular brands such as Frooti and Appy, has urged the government to extend the deadline Read More

Global oil firms report huge profits but Indian marketers are left high and dry

Indian oil refiners are staring at huge losses as they have failed to pass on the higher costs of crude to fuel consumers, even as global energy Read More

Global oil firms report huge profits but Indian marketers are left high and dry

Indian oil refiners are staring at huge losses as they have failed to pass on the higher costs of crude to fuel consumers, even as global energy Read More

Thailand eyes India market for revival in tourism industry as it eases travel restrictions

Thailand is betting on India, which is among the top 5 markets for the tourism industry of the kingdom. provided the Omicron spread Read More

Thailand eyes India market for revival in tourism industry as it eases travel restrictions

Thailand is betting on India, which is among the top 5 markets for the tourism industry of the kingdom. Read More

LG eyes leadership position with 32 pc share of Indian TV market

South Korean consumer electronics major LG is targeting for a 32 per cent share of the Indian TV market in 2022, Read More

LG eyes leadership position with 32 pc share of Indian TV market

South Korean consumer electronics major LG is targeting for a 32 per cent share of the Indian TV market in 2022, Read More

India exports 7.5 mn tonnes sugar till May 18 in current marketing year

India has exported 75 lakh tonnes of sugar till May 18 in the current marketing year ending September, the Food Ministry said on Thursday. Read More

India exports 7.5 mn tonnes sugar till May 18 in current marketing year

India has exported 75 lakh tonnes of sugar till May 18 in the current marketing year ending September, the Food Ministry said on Thursday. Read More

Torrent Pharma acquires 4 brands from Dr.Reddy’s

Torrent Pharmaceuticals on Thursday said it has entered into an agreement with Dr. Reddy's to acquire four of its brands for an undisclosed amount. Read More

Torrent Pharma acquires 4 brands from Dr.Reddy’s

Torrent Pharmaceuticals on Thursday said it has entered into an agreement with Dr. Reddy's to acquire four of its brands for an undisclosed amount. Read More

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Global Marketing News

Why the Metaverse Will Change the Way You Work

Virtual meetings that feel real, new ways to build and teach, plus jobs you haven’t heard of—soon it won’t be science fiction Read More

Why the Metaverse Will Change the Way You Work

Virtual meetings that feel real, new ways to build and teach, plus jobs you haven’t heard of—soon it won’t be science fiction Read More

‘Top Gun: Maverick’ Cruises to Another Bumper Box-Office Weekend

“Top Gun: Maverick” flew high again at the domestic box office this weekend with one of the strongest second-week performances ever, Read More

‘Top Gun: Maverick’ Cruises to Another Bumper Box-Office Weekend

“Top Gun: Maverick” flew high again at the domestic box office this weekend with one of the strongest second-week performances ever, Read More

Trivia

  1. IMD has been predicting heat waves in different parts of India this year. Ahmedabad city made India’s first Heat Action Plan through which it is communicating and building awareness about the risks of heat and thereby saving lives.
  2. Manikchand Group owns the Elaichi / gutkha brand ‘Vimal’, which is in the eye of the controversy over Akshay Kumar’s endorsement of it.
  3. Krishnan Ramanujam is the new Chairman of NASSCOM.
  4. Swiggy signs deal with Times Internet to acquire Dineout for $120 Million in all all-stock deal.
  5. Renault international auto major has sold its 68% stake in AvtoVAZ, the largest carmaker in Russia to the Russian govt for a token price keeping an option to return after 6 years.
  6. Tata Motors (EV division) will be acquiring the Sanand (Gujarat) plant of Ford India.
  7. Adani Group to acquire a 50% stake in General Aeronautics Private Limited, which provides commercial robotic drones and drone-based solutions for crop protection, crop health, precision farming, and yield monitoring using AI and analytics for the agricultural sector.
  8. Todd Beahly and Clearlake Capital has acquired the Chelsea Club from Russian billionaire Roman Abramovich.
  9. Metro AG the German multi-national that runs a cash and carry business in India has decided to sell their India operations.
  10. Ethos India is in the market of luxury watches retail with an IPO.
  11. As per Fortune 500 for 2021, Elon Musk is the highest paid CEO in US.

Laqshya Media Group Campaigns

During the month of May 2022, Laqshya Media Group executed various prominent campaigns for VIVO, Britannia WINKIN’ Cow, Toyota Urban Cruiser, Hungama Play, Sumadhura Group, Open Money, Diageo, and Rupeek

“It is during our darkest moments that we must focus to see the light.”

― Aristotle

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Editorial team: Harshaal Deoruckhkar, Pragya Malkani and Aachal Shah