'Plenty of scope for effective use of OOH'
By M4G Bureau - January 21, 2014
Vinod Gaikwad, GM-Sales & Marketing, Greenways Foods, a new entrant to OOH, tells Outdoor Asia why and how it makes sense for the brand to go for this medium.
Approach to and role of OOH The best part of outdoor is that it is a very much localized media to communicate with the target base. So we make our communication plan more efficient and cost effective, that's the reason we have parked more budgets for outdoor.
About 60 to70 % of the marketing budget will be dedicated to outdoor media, and we are going about it in an absolutely selective way. If you look at a city like Mumbai where we are present in about 6000 retail outlets out of the 30,000 - 35,000 retails outlets, we cannot think of any other cost effective media, so the best tool that we have to communicate is outdoor as it is the best option available.
Exploring formats The whole idea is that we want to rationalize and want the communication cost effective; we need to communicate with the TG at the right place. As there is absolute clutter in the market and everyone is trying to get attention, we need to have the most cost effective medium. In outdoor we look at billboards and bus shelters with innovation and it gives good retention value to the brand. We also use bus panels and a lot of sampling activities. We have done these in Mumbai, Pune, Bangalore, Goa, and Kolkata, so far. But we are looking forward to using more billboards and activation.
Innovation in OOH formatsIn billboards or hoardings, we look only at doing absolute innovation. And when we say innovation, it means absolutely clutter breaking; we want something new to happen on the billboard, and don't want to do something routine on this medium. We don't mind the production cost going up by 30% or 40%, but the mileage that our brand would get out of the awareness level it will generate, is what even a TV can't match. And that's the reason we are planning a high ratio on outdoor.
Plans for tier II and tier III citiesThere is no plan for tier II or Tier III cities at least not during this financial year. After establishing the brand completely in tier I then we will go to 67 tier II cities.
Key Learnings from OOH Experience Our marketing objective was very simple and clear - we wanted to make the brand visible, and we wanted to create awareness for our brand. These are the two basic objectives also have been in the process of developing our distribution network. It is not only about generating demand but also creating pull for the brand. Overall, it has helped us though we are not sure what kind of ROI we get from it. But on the whole I would say there are plenty of ways to use outdoor effectively and turn it into an innovative medium