I am Anna - Eventfaqs
I am Anna - Eventfaqs
I am Anna - Eventfaqs
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.