Advertisement

Help
You are here: Rediff Home » India » Business » Report
Search:  Rediff.com The Web
Advertisement
  Discuss this Article   |      Email this Article   |      Print this Article

FMCG majors upbeat on World Cup revenues
Get Business updates:What's this?
Advertisement
March 20, 2007 16:29 IST
FMCG majors who have been advertising actively in the ongoing world cup are undeterred by India's uncertain position in the tournament and are ready to continue their aggressive marketing even if the team was unable to qualify to the next round.

FMCG companies, which are contributing to a chunk of the advertising revenues during the tournament are ready to continue their advertising spend saying that India's good performance is an extra benefit but the whole strategy does not revolve around it.

"The advertising and other marketing promotions are part of a package designed to coincide with the world cup. India's performance is an extra benefit to the event but not necessarily dictates the aggressiveness of the marketing and advertising plan as estimated to a large extent," Videocon Industries Director Sourah Dhoot told PTI.

Quashing reports of Sony Max, which has the broadcast rights for the World Cup, losing out on revenues due to India teams uncertain position in the tournament, Sony Max business head Sneha Rajan said the channel would not lose anything in case the Indian team was unable to make it to the Super 8 stage.d-revenues do not depend on India's fortunes in the World Cup. The commercial slots between matches are pre-sold," she said.

Another FMCG major, LG Electronics also said that it had no intentions to pull out of its advertising commitments.
© Copyright 2007 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 Email this Article      Print this Article

© 2007 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback