Wednesday 4 February 2015

Metro to Marketing Train

Advertising to increase by 12.7% in the coming year, GroupM said in a report. From Digital to print advertising, businesses are fighting to give their ads and spending in crores to attract customers. Now, Companies are targeting Metro train coaches in cities to promote their business. I was travelling in one of the Yellow line metro and whole Train was covered with advertisement of E-commerce giant Amazon India.

It was very difficult for me to understand Where the Train was last up to. Everything was covered with ads from Amazon. Even the interior ad space was covered with E-commerce ads. The Delhi metro covers 190.03km across six lines and ferries close to 260,000 passengers on a daily basis. Part of it is underground and part overground. DMRC runs 216 trains with 1,282 coaches. According to a report, 8 Million people used its services in 2013-14. Presently, most of the Metro trains have become marketing trains.
Earlier companies fight for ads on TV and newspaper, now they are fighting for ads on Metro. It might a situation in India when companies will promote their business on Indian Railway, which is one of the longest networks in the World. In Delhi, after IndiaMart, Amazon, and Political parties, Myntra will be seen advertising on Delhi Metro coaches. Paytm and Snapdeal are also in discussions to do the same. Advertisers may around Rs. 25 lakh to wrap up six to eight coaches of the metro for a month i.e. on average Rs. 4 Lakh for a coach.

The companies are also hoping for similar opportunities in Bengaluru and Chennai. Mumbai smaller Metro has trains sporting ads from BigBasket, UltraTech Cement, and Oxigen, an electronic payment service. Consumer goods and mobile phones companies may also join the queue. Delhi Metro has awarded exclusive rights for displaying advertising materials including pictures, printed material, electronic media, smart posters, and visual displays. The concept is very popular in Singapore, Bangkok, Hongkong, Dubai, and the US.

This is very catchy and effective medium. This leads to increase in consumer base, more downloads of mobile apps, and increase in revenue. Even, people who are not aware of it know about companies. It becomes easy for sales person to reach out in a local market and sell products because of awareness of companies and products. What if Metro trains are also used to increase awareness of Social causes? Display ads of Government campaigns may increase awareness and it will last long. With changing scenarios of marketing in last two years, huge amount of money will flow in market and there will be more marketing trains.

1 comment:

Unknown said...

Very good growth expansion strategy adopted by DMRC to add revenue to thier quota.This will be helpful in raising awareness about different companies.DMRC will able to cover his maintenance cost of metros.