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The two day event saw some of India's top
industry players coming together to debate about
a medium which is quickly becoming the choice of
marketers everywhere. Presentations were made on
success stories in the field as well as issues
dogging the nascent industry. The biggest
discussion was the issue with metrics for the
industry. The panel discussion moderated by
Deepak Jayaram of Group M, dominated the
post-lunch session on the second day. The topic
being discussed was of metrics and its
importance in the industry. All the players were
in accord with the fact that common metric needs
to be developed in order to effectively market
the medium to brands and agencies. The lack of
awareness among brands and lack of participation
in selling the medium by agencies was heavily
debated with Vishakha Singh of Future Media
noting that very few agencies and brands were
present at the event. The audience jumped in to
the discussion with a number of questions and
concerns about the health of the medium being
raised.
However, the big surprise of the afternoon
was Sam Balsara of Madison World who walked in
and after about ten minutes posed a remarkable
question. Why is a nascent medium like digital
signage worried about metrics when a huge and
established industry like out-of-home, which is
estimated at about Rs 1800 crore, does not have
any measurement system in place even after all
these years? He drove his point home by
remarking that everybody will have different
views about the medium and trying to arrive at
measurement in the stage would only get in the
way of helping the medium to grow. He cited an
example of how the medium is just one among the
many available for a brand marketer today. He
said that he finds his daughters to be the most
beautiful girls in the world. But if he went out
into the world, there will be other fathers with
the same opinion. This translates into how if he
was digital signage and the other fathers were
other media options, the choice that marketers
have are aplenty and each option has its own
virtues. It is up to the players in the medium
to market themselves to the brand effectively,
thus ensuring that digital signage finds its
place in a media planner's chart.
The event was kicked off on 3rd October with
Ashich Pherwani of Ernst & Young talking
about the survey that they have undertaken to
map the overview of the industry in India. The
survey is near completion and the results are
expected in the next couple of months. Some of
the notable speakers of the event were Paul
Vitali of The Life Channel, UK who spoke about
how important it is to source one's revenue
before setting out to start a network and Jeff
Porter from Scala who spoke about the different
technologies that exist for various in-store and
OOH networks. |