Sunday, June 19, 2016

Print medium will not lose the battle #Marketing #DigitalMarketing #MediaMix

Digital is the third largest medium in India after Television and OOH says Zenith’s Media Consumption Forecasts report (Source: afaqs).

The media mix for most of the companies have seen rejig. Print is getting replaced by the digital media. And there are various reasons for it – its cost effective, catches audience at the right time at the right place (remember this is what our very own Philip Kotler also said about effective communication), gives relevant information, it’s a fun and young medium and hence there is a lot to innovate and explore. Digital has also provided a platform for many a talent to start their shop – be it the e-tailers, bankers, writers (bloggers as we call them), cottage industries, and educational institutions… the list is endless. Even the original print houses have got their digital versions. It’s true, this medium is growing by leaps and bounds and cannot be ignored in this age. It is estimated that this year, the ad spends on digital will grow by 15.5%, hence making digital the fastest growing medium (Source: Live Mint ).

However, digital media has some drawbacks – technology intimidates a lot of people, it strains eyes, many do not know how to use the digital platform. That’s why a national campaign needs a complete 360 degree media mix. While television tops this media mix, print medium cannot be ignored. Especially because it reaches to the people who are the decision makers and have the spending power.

Reading newspapers, magazines is an addiction. It’s a routine. It’s old school. Whether you read it with your morning cup of chai or when you are on the pot discharging the previous days worries (*wink*) or when you are travelling in the train.

Print medium is old school. It gives a sense of sophistication. When one is reading a newspaper, it gives a perception that that individual might be intellectual. However, when one is reading the same news on the mobile phone, it gives an impression that the person is a playing game or is a geek.

While a lot of digital content is becoming regional, it’s not very popular still. Nothing can replace the regional newspapers. It is often said that the consumer loyalty to a regional language newspaper is a lot more than the English newspaper.

Many avid readers have migrated to e-books, kindle and online books. This might be convenient, easy to carry, cost effective and stylish. But then again, there is a wide audience who is still a fan of the hard copy, who has a collection of books, and a book shelf in their home.

Hence in this digital age, where every person is connected to information, I still see that print medium is not going to go off the stands. Irony stands that this itself is a blog and not an article written in some newspaper or magazine!




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