Advertising
Global Mergers, Local Ripples: Consolidations reshape India's ad land as clients seek 'single-window' partners
Cricket remains perennially popular in India, evident from the increasing ad sales during cricketing seasons. According to a recent TAM report, the Asia Cup 2023 recorded a notable 31 percent surge in ad volume compared to the 2018 ODI (one day international) edition.
Food and beverages claimed the top spot in ad volumes, followed by personal care/hygiene, construction, industrial and real estate, materials/equipment, services, and automotive. These top five categories collectively contributed 43% to the overall advertising during the 2023 Asia Cup, contrasting with the 2018 ODI tournament where e-commerce, wallets, smartphones, aerated drinks, and perfumes dominated.
In 2023's Asia Cup, the leading categories included perfume/deodorant, paints, biscuits, carbonated soft drinks, and cars.
Perfume/deodorant maintained its prominence across the 2018 ODI, 2022 T20, and 2023 ODI tournaments. Other consistent categories encompassed e-commerce gaming, aerated soft drinks, pan masala, smartphones, paints, two-wheelers, tires, and e-commerce financial services.
The 2023 Asia Cup featured over 30 exclusive advertising categories, spanning products like washing powder, spices, shampoo, oils, and ketchup. Vini Products emerged as the top advertiser for the tournament, with Hindustan Lever, Coca-Cola India, Kansai Nerolac Paints, and Britannia Industries securing positions in the top five list.
As India eyes global leadership in media, entertainment and gaming, Storyboard18's Digital Entertainment Summit, set to take place on June 27 in the capital, will spotlight the bold strategies, policy pathways and creative innovations shaping the future of the industry.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.