Be it unknown tales of heroism, cross-border love stories, or just fun and banter, companies such as Pepsico, Mondelez, DBS Bank, and a host of other corporate denizens who are also among the largest advertisers in print and television are seeking a digital narrative for their brands. Pepsico India recently launched #NaamBanteHainRiskSe for its drink 'Mountain Dew', DBS Bank serialised a love story 'Chilli Paneer' and Cadbury brought its global 'Play with Oreo' campaign to the country.
According to Nielsen India (Super Viewers: Powering the desi digital revolution) online viewership in India has doubled since 2011. India is poised to have nearly 500 million users on the Internet by 2018, suggests another report by Mckinsey & Co and Facebook. None can turn a blind eye to such compelling statistics.
Naturally therefore, the digital medium is much sought after, even by companies from the pre-Internet age. Driving their digital foray are three key factors: Customers, especially youth in metros, engage with the digital space far more than they do with the physical world; the need to counter the rising influence of e-commerce companies; and since the medium is measurable it makes it easier to be cognizant about consumers' pulse.
In the digital world, it is the consumer who eventually designs the architecture of the brand story. It is no longer enough to place an ad in print or television and let fuzzy logic dictate future marketing strategy. To effectively deliver the message, conventional brands need to understand the consumer neuroscience. Ashok Lalla, digital and marketing advisor says, "A brand should realise that today it is less about what it tells people it is, but more about what people tell other people it is."
As per a Pitch Madison report, the entire advertising industry is pegged to grow by 9.6 per cent in 2015 to Rs 40,658 crore. Out of this chunk, digital space, which will take 12.5 per cent of the entire doughnut, is expected to increase by 30 per cent to reach Rs 5,138 crore. Brands cannot ignore the digital space which has increased from 2 per cent in 2008 to 10 per cent in 2014.
Lakshmipathy Bhat, marketing communications professional and profit centre head at Robosoft, believes, "If a brand's presence in new media is treated like an appendage the effort will show. Most popular marketing campaigns today have an idea which lends itself very well to expressions in new media - to suit each platform's strengths"
Companies must also learn to be experimental. The 'Chilli-Paneer' campaign by DBS (The Development Bank of Singapore), for example was launched on YouTube as a series of 4-minute episodes. The cost of the entire campaign (September-October 2014) was about Rs 5-6 crore. The film explores the relationship between a Singaporean man and an Indian woman with the bank playing mediator. The bank released an episode every Friday at 11 a.m. and the film garnered over 6,81,000 views. Sheran Mehra, group strategic marketing and communications head at DBS Bank says, "We wanted to set up a dialogue with our consumers and establish our key values such connectivity, relationship building."
When taking the brand story to consumers, Ashok Lalla says, it has to be real and not too flashy. "It is difficult, if not impossible to totally control the brand narrative as it unfolds in the digital space," he says. Bhat thinks a brand can skip the Twitter/Facebook presence for its campaign if it can't exploit platform's characteristics. He says, "In that context, I thought 'Play with Oreo was spot on as it was in line with the overall brand proposition."