04.03.2013 Views

I am Anna - Eventfaqs

I am Anna - Eventfaqs

I am Anna - Eventfaqs

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

LEAD FEATURE 4 September 2011, EXPERIENTIAL MARKETING 23<br />

S<strong>am</strong>it Garg<br />

CEO,<br />

E Factor<br />

“All leading MNCs and<br />

Indian brands are now<br />

shifting their focus to<br />

capturing the rural markets<br />

as it is an important growth<br />

area to their top and<br />

bottom lines.”<br />

lakh Indian and foreign tourists.<br />

“Rajasthan Tourism has done a fabulous job of promoting<br />

this festival over the years. Last year, the Rajasthan Tourism<br />

board decided to promote sports and a new attraction to<br />

the festival. They decided to host the first international hot<br />

air balloon festival during the Pushkar Mela,” S<strong>am</strong>it Garg,<br />

CEO, E Factor, told ExM. “E Factor Adventure Tourism is<br />

the single largest hot air balloon company in the country.<br />

We made a pitch to the Rajasthan Tourism board to sponsor<br />

our IP of the largest Indian International Hot Air Balloon<br />

festival in India. In the first year, we had participation from<br />

15 countries. It was held across three days and the pilots<br />

flew Indian and international tourists over the sand dunes,<br />

palaces, forts and the Pushkar fair.”<br />

Seven brands – Gitanjali Lifestyle, Fly Kingfisher, MSN,<br />

UTV Action, Big FM, Dainik Navjyoti and Sahara News<br />

– associated with the hot air balloon festival at the<br />

Pushkar Mela in the first year. Calling it a successful<br />

rural engagement, Garg said that the festival is the right<br />

platform for FMCG, healthcare, telecom, mobile handsets<br />

operators, bikes, tractors and agriculture products as well<br />

as banking institutions that aim to target rural India.<br />

Garg believes that all leading MNCs and Indian brands are<br />

now shifting their focus to capturing the rural markets as it<br />

is an important growth area to their top and bottom lines.<br />

“Most of the population in these markets is uneducated and<br />

penetration of media is low. We at E factor are creating<br />

intellectual properties with our new division E Factor Media<br />

where we lease out our properties to brands for three to ten<br />

years as advertiser funded properties. These properties are<br />

a blend of entertainment and engagement as it gives the<br />

brands a correct mix of media which is customized to the<br />

brand’s target audience as well its brand positioning. On-<br />

ground activation and events are a part of the c<strong>am</strong>paign.<br />

Most times the valuation of exposure is five to eight times<br />

the money spent on the advertiser funded properties, which<br />

are annual properties built over the years and audiences,”<br />

Garg told ExM.<br />

The winds of brand marketing are shifting towards the rural<br />

market and, given the fact that conventional advertising and<br />

marketing strategies are not able to tap this audience, the<br />

experiential marketing industry appears to be the best bet<br />

ahead for these brands. However, the road ahead into the<br />

minds of the rural audience will not be an easy task even<br />

for the experiential marketing industry, but there are tools<br />

at the industry’s disposal. Intellectual properties are one of<br />

those tools and leveraged appropriately, present a way for<br />

brands to garner attention from a massive audience.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!