Advertising – Page 43

Auto major Volvo initiates global media review

WPP’s Mindshare was the 25-year incumbent of Volvo's $500 million media account.

Volvo Cars reported global sales of 57,447 cars in July, up 6 per cent compared to the same period last year.

Cannes Lions-parent firm Ascential set to acquire Effies

Philip Thomas, CEO, Ascential, commented: “The coming together of LIONS and Effie is a powerful testament to the fact that effectiveness and creativity in marketing are inextricably linked. All enlightened businesses know that creative, effective marketing drives growth."

Effies, the global benchmark in marketing effectiveness to join Ascential’s LIONS Division to amplify offer for Marketing and Creative Industries.

Revenant Esports announces partnership deal with Hummel

Storyboard18 first reported about this partnership deal on July 31

This deal with Revenant Esports is considered one of the largest kit sponsorship deal for an Indian esports team.

ITC’s Ali Harris Shere on a new biscuit launch: There’s an opportunity to create a category

Ali Harris Shere, chief operating officer, biscuits and cakes cluster, ITC Foods Division

As per the company, this combination offers a significant nutritional upgrade without disrupting consumer habits.

Govt’s new rules for surrogate ads to be released within next quarter: Exclusive

Draft guidelines indicate that celebrities and social media influencers must avoid promoting restricted products, such as alcohol or tobacco.

The draft is undergoing an exhaustive consulting process with the key stakeholders and has introduced digital under its purview for the first time. It also urged a distinction between celebrities endorsing ‘brand extension’ and the celebrities associated with ‘restricted’ brands and introduce bans and penalties in case of violations.

Ad spends likely down by 30% for alco-bev brands as govt cracks whip on surrogate ads

With the Department of Consumer Affairs planning to soon release elaborate guidelines on surrogate advertising, experts discuss how the swift shift toward stringent regulations is likely to impact the advertising strategy for alcohol manufacturers as they run the risk of being penalised or facing a ban.

AI now a core component in advertising strategies, says Publicis Groupe’s Anupriya Acharya

According to Anupriya Acharya, South Asia CEO of Publicis Groupe, the work done in AI within the advertising sector has already produced some truly exciting results.

“The potential of AI is humongous,” says Acharya, emphasising that the key to harnessing this potential lies in structuring efforts around the right set of data to develop relevant solutions for real business challenges.

Creatives cross with clients for scraping their ideas

The commoditisation of creative work and viewing ad agencies only from the 'transactional' point of view has drastically reduced the average length of a client-agency relationship. (Image: ckturistando via Unsplash)

Brands need to think of the agency / creative partner as collaborators rather than service providers or vendors that are meant to be squeezed.

OMG India CEO Kartik Sharma: Brands need to embrace personalised media strategies

The shift towards experimentation and bespoke solutions, especially in emerging areas like CTV, reflects a broader trend towards personalisation and effectiveness in media planning.

Bisk Farm secures injunction against Parle Biscuits in trademark dispute

Bisk Farm adopted the mark 'Top Gold' for one of its biscuits in 2005 and secured statutory protection through trademark and copyright registrations. Recently, it was noticed that Parle Products launched a new product in the same category under the name 'Top Gold Star'.

Parle Products has purported to infringe the registered mark of Bisk Farm ‘Top Gold’ by way of malafide adoption of ‘Top Gold Star’. The Court passed a stay order restraining Parle from selling and marketing their product under a similar brand name until August 27, 2024.