Social Media
is an important ingredient for every successful dish of brands these days. They
have been large spenders in traditional advertising mediums like television,
outdoor and print. Fast moving consumer goods (FMCG) companies are now
increasing their focus on the digital medium, with larger budgets for some of
their brands. The overall budget allocation for the digital medium is still 1-2
per cent of their total advertising spends, but industry experts say this will
go up substantially as FMCG companies realise the power of engaging consumers
online. There are enough reasons why marketers have no option but to experiment
with the new medium.
·
More than 150 million users online (more than
40% women!) largely accessed by people in the age group of 20-35 years living in
the metros and Tier I cities
·
Companies like Hindustan Unilever, Proctor &
Gamble, Cadbury & Tata Tea have increased their digital ad budgets for
individual brands, specially targeted towards females leaving no space for
other big names to ignore this medium.
·
The biggest plus point is that it is an
interactive medium, so housewives can be roped in easily by using influencers.
·
Brands realise that most shopping decisions are
taken by housewives of the family and ignoring them in social media could
impair their recall value.
·
Some successful Examples: sunsilkgangofgirls.com
/ Barbie.com/Kellogg’s special K
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