Advertising is one of the most important factors behind the success of any product today. The quality of a product may be superb, but if it fails to create a buzz in the market in terms of visibility and desirability, it is more or less written off. However, there are times when the best of ad campaigns fall short of sending a clear and desired message to the target audience and end up being exercises in futility. These are either over ambitious, unrealistic or simply too intelligent for their own good.
But some of the products have managed to successfully create a brand of their own and have stayed connected to the people all these years through their memorable advertisements on television.
Here's the list of top such 10 brands in India.
1. Cadbury Dairy Milk
2. Airtel
3. Vodafone India
4. The Times of India
5. Coca-Cola
6. Amul
7. McDonald's
8. Idea
9. Pepsi
10. Tata Sky
Here are a few more campaigns for different brands that are worth recognizing.
Advertisements - Campaigns that struck a chord
Changing Trends in India - Growth of Telecom
The low Internet and high Mobile penetration in India makes it a lucrative market for the growth of mCommerce. According to reports, the projected fee-based revenue from mCommerce could exceed Rs. 22,500 Cr by 2015 in India. This revenue would be shared by banks, mobile service providers and device manufacturers.
Up until today mCommerce activities consisted mostly of messaging, mobile entertainment (ring tones, videos, wallpapers, and games) and various Value Added Services (VAS) such as news, sports, and stock quote updates etc. Now with the introduction of Mobile Banking and Mobile Wallets, the perception of mCommerce activities has changed.
Mobile Banking offers the customers the option to avail the accounting and brokerage services which are transaction based and information services which are non-transaction based like Balance enquiries. According to NPCI (National Payment Corporation of India), this can reduce the load on ATMs, as around 1.5 million balance enquiry transactions are carried out daily through third party ATMs. These transactions are free for the customer if it is within the five transactions a month limit but the bank has to pay Rs 5 to Rs 8 per query and mobile banking could help save save banks crores of rupees every year. Also approximately 41% of the population in India is unbanked and the mobile phone, which is becoming ubiquitous in the country, offers an excellent platform to take banking to them. This could be a game changer in the banking industry.
Eko, a mobile banking technology provider, has tied up with SBI and ICICI banks. It helps people create a bank account and perform basic transactions at local Kirana shops. Idea Cellular has a similar partnership with Axis Bank. Subscribers would be able to open ‘No-frills savings bank accounts’ at Idea’s retail outlets and avail basic banking services such as cash deposit, withdrawal and transfer. There are similar services from Vodafone and Bharti Airtel as well.
Mobile wallets allows customers to use their mobile phones to make payments – without the hassle of carrying cash or change. It is an efficient alternative to cash transactions. The ubiquitous mobile platform gives it an additional advantage over credit/debit cards especially in the rural areas. With the rising tele-density there is good potential for business. Airtel Money, a mobile wallet service launched by Bharti Airtel is a fine example of this.
Near field communication (NFC) is also gaining popularity across the world and is set to revolutionise mCommerce. It is a technology in which the mobile phone communicates with a device in the bus and the amount is debited from your bank account or mobile wallet. Though NFC is still in the budding stages in India, it may hold the key to the popularity of mCommerce in the country.
A major bottle-neck in mCommerce in rural areas lies in meeting the Know-your-customer (KYC) norms. Kenya’s National ID system, eliminated the need for KYC norms and played a key role in M-PESA’s success. That is precisely the role India’s Aadhar project is planning to play.
If it succeeds, mobile commerce would get a big boost and in the coming year we could see a major revamp in the way money is transacted in the market. This all strengthens the role of Telecoms in refashioning the perception of India as a country on the global map.
