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:
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.
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