Narrow Casting Model
Narrow Casting Model
By Korak K Majumder
Concept Note
In today's media consumer is described them as media-blitzed, adcynical, time-poor, channel-flicking audience living in a fast-paced, attention-challenged world. The reality is that consumer behavior has essentially changed. Todays consumers are in control of what they want to watch, read or hear and therefore what advertising they expose themselves to.
television channels, and a constant stream of new magazines that hit the news stands every week. Television has lost the ability to bring the nation together on a daily basis. Almost all Indian households are now able to choose from at least 10 radio stations. The out-of-home TV medium itself in India is three years old and still in its infancy Newspapers have held ground in readership, the humble newspaper format has morphed into almost separate and discrete sections lifestyle sections, food, fitness and magazines formats driving page numbers, thus raising the question Does anyone still read the newspaper from cover to cover?
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Media
Problem
Answers
To conceptualize, design and develop an innovative media, which enables marketers and advertisers to directly connect with consumer mind pulse. To communicate with their desired and relevant target audience with negligible fragmentation and minimum wastage.
It work on principal of Cloud computing. Software platform unknown At any given point of time the advertiser can log on to the main server through his unique ID and access any information/status regarding his account Diminishing recurring cost for long term advertisers. It is based on one-to-one mapping thus creating more meaningful approach It is a uniquely personalized experience as it is away from media fragmentation Cost of reaching consumer is kept lowest in comparison to all other media vehicles, which in turn helps advertiser to keep the cost of customer acquisition very low
It provides flexibility to advertisers to communicate as per their choice of city, location, target audience, creative, language and targeted content
It allows advertiser to know who they are reaching, how many or how many times Every quarter from the date of the release of the advert, advertisers would get a consolidated feedback on the consumer behavior patterns and the same can be customized as per the requirement of the advertiser Advertiser can instantly (at any point in time i.e., 24*7) change their creative approach as and when deemed fit and the same is visible to every computer of their choice Advertiser wont be charged, if the consumer clicks the advert and subsequently bring redirected to the advertisers web for more/generalized information Advertiser wont be charged, if the consumer is interested in the particular advert and there by clicks the advert, and wishes to view it full screen again and again Advertiser can target consumers on the bases of community, creed, religion, age, language, sex, education, income etc, which no other medium suffices
Option A
Media Available Bandwidth 1 Min 1 Advert 30 Min 30 Advert Media Partner Exposure thrice in 30 Min
Visual
Option B
Media Available Bandwidth 1 Min 1 Advert 30 Min 30 Advert Media Partner Exposure thrice in 30 Min
Visual
Option C
Media Available Bandwidth 1 Min 1 Advert 30 Min 30 Advert Media Partner Exposure thrice in 30 Min
Weaknesses:
Consumer reached per P.C is low. More innovative options (size wise). More volumes as of date
Opportunities:
Controlled by the advertiser and not by the consumer. Behavioral targeting platform. Cost Matrix not based on CTR. Narrowcasting with Flexibility Activation opportunities
Audio Video
Availability of data about the consumer reached along with behavior patterns.
Thank You
I hope you enjoyed the presentation, as much as I did making it.