Are yesterday’s sweethearts suddenly, dreaded victims of the don’t-call-us-we’ll call-you disease? Monojit Lahiri surveys the scene...
Recently, a screaming headline in a tabloid grabbed my attention. Out of work Sush loses ad deal to petite Asin. A gorgeous, glamorous, sophisticated diva like Sushmita Sen, given the heave-ho (for a product she’s been associated with for years – Pantene) and replaced by young, pretty [but nowhere as charismatic or enjoying pan-India popularity with the upmarket crowd] South Indian actress Asin, of Ghajini fame! Why, even the great King Khan – whose other name seemed to have been ‘Pepsi Khan’ – is, reportedly, dropped from Team Pepsi in their latest outing. Ditto for yesterday’s queens Ash Rai Bachchan, Rani Mukherjee and Preity Zinta, say adbiz and Bollywood insiders. On the cricket front too, similar tremors have been felt. Yesterday’s icons Saurav Ganguly, Rahul Dravid, Anil Kumble, V.V.S. Laxman, even the sensational Sachin Tendulkar, have suffered anything between a meltdown to a slowdown. It’s the T-20 kids – Dhoni, Yuvraj, Ishant, Raina, Zaheer and gang – that are zooming centre-stage and replacing them in the endorsement sweepstakes. In Bollywood, new dazzlers rocking it include Kareena Kapoor, Priyanka Chopra, Asin, Genelia, Jiah Khan, Katrina Kaif, Imran Khan, Ranbir Kapoor, Neil Nitin Mukesh, Kangana Ranaut, Deepika Padkone, even Farhan Akhtar! With half of our one billion population said to be under the age group of 25, marketers are indeed getting hot n’ heavy in the business of torpedoing this target base, all the way!
Is it working… and what drives it? Who better to kick-off this debate with the very person who founded and coined the ground-breaking term youngistan – which for Washington Post defines young India as also TV channels and political parties identifying the new India – Soumitra Karnik, Creative Head of JWT’s Pepsi team who says, “Much as I am tempted to say that I suddenly dreamt it all up one stormy night – like fake directors or smart plagiarists! – I didn’t! Its just that, while reading up something, the words ‘Young’ and ‘Hindustan’ struck me as interesting cues for coining something new, fresh, simple along street-speak lines that would resonate with the target base. That’s how it was really born. If it captured popular imagination instantly, I guess its largely because it was red-hot topical, had the required bindaas tone to it and reflected the mood, colour and voice of today’s most important segment-youth.” Karnik doesn’t munch his words and packs in a solid punch when he says that today’s marketers live in the here n’ now and grab only what they believe will rock their product. “They are pretty much like fair-weather friends – and why not? They have a job to do. If its not working, then its goodbye time! The new kids on the block, both in the Cricket and Bollywood arena, reflect this reality in dramatic fashion, right? The age of loyalty is over, boss. It is the age of Return on Investment (ROI)!”
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2009
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
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Recently, a screaming headline in a tabloid grabbed my attention. Out of work Sush loses ad deal to petite Asin. A gorgeous, glamorous, sophisticated diva like Sushmita Sen, given the heave-ho (for a product she’s been associated with for years – Pantene) and replaced by young, pretty [but nowhere as charismatic or enjoying pan-India popularity with the upmarket crowd] South Indian actress Asin, of Ghajini fame! Why, even the great King Khan – whose other name seemed to have been ‘Pepsi Khan’ – is, reportedly, dropped from Team Pepsi in their latest outing. Ditto for yesterday’s queens Ash Rai Bachchan, Rani Mukherjee and Preity Zinta, say adbiz and Bollywood insiders. On the cricket front too, similar tremors have been felt. Yesterday’s icons Saurav Ganguly, Rahul Dravid, Anil Kumble, V.V.S. Laxman, even the sensational Sachin Tendulkar, have suffered anything between a meltdown to a slowdown. It’s the T-20 kids – Dhoni, Yuvraj, Ishant, Raina, Zaheer and gang – that are zooming centre-stage and replacing them in the endorsement sweepstakes. In Bollywood, new dazzlers rocking it include Kareena Kapoor, Priyanka Chopra, Asin, Genelia, Jiah Khan, Katrina Kaif, Imran Khan, Ranbir Kapoor, Neil Nitin Mukesh, Kangana Ranaut, Deepika Padkone, even Farhan Akhtar! With half of our one billion population said to be under the age group of 25, marketers are indeed getting hot n’ heavy in the business of torpedoing this target base, all the way!
Is it working… and what drives it? Who better to kick-off this debate with the very person who founded and coined the ground-breaking term youngistan – which for Washington Post defines young India as also TV channels and political parties identifying the new India – Soumitra Karnik, Creative Head of JWT’s Pepsi team who says, “Much as I am tempted to say that I suddenly dreamt it all up one stormy night – like fake directors or smart plagiarists! – I didn’t! Its just that, while reading up something, the words ‘Young’ and ‘Hindustan’ struck me as interesting cues for coining something new, fresh, simple along street-speak lines that would resonate with the target base. That’s how it was really born. If it captured popular imagination instantly, I guess its largely because it was red-hot topical, had the required bindaas tone to it and reflected the mood, colour and voice of today’s most important segment-youth.” Karnik doesn’t munch his words and packs in a solid punch when he says that today’s marketers live in the here n’ now and grab only what they believe will rock their product. “They are pretty much like fair-weather friends – and why not? They have a job to do. If its not working, then its goodbye time! The new kids on the block, both in the Cricket and Bollywood arena, reflect this reality in dramatic fashion, right? The age of loyalty is over, boss. It is the age of Return on Investment (ROI)!”
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2009
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
Shahrukh khan to Host IIPM 4Ps Annual Business and Marketing Quiz
IIPM 4Ps Quiz
2300 IIPM students get jobs
The Most Revolutionary Concept In Education PLANMAN CHE CENTRE FOR HIGHER EDUCATION, Supported by IIPM India’s Leading B-School
Detail of all IIPM branches
IIPM set to beat economic slowdown
IIPM Admission Detail
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
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