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THE EDITORIAL

Address,

Advertising, the world which founded itself in the words


CONTENTS
of Ogilvy, stands tall and armored as the most
powerful form of art reaching out to people from every
strata of society. The healthcare industry which has •Cover story……………………………………2
also over the years evolved and used very form of
media to reach their customers and consumers also --Going Global
remains our focus through this issue. With pleasure we
bring to you the July issue of THE PUMBA Gazette
focusing on the dynamic world of Advertising.
•Articles/Analysis……………………………..3
In line with this, we bring to you an exclusive interview
st
with Mr. Alvin Saldanha, Chief Creative Officer, --21 Century’s Greatest Art Form
Watermelon Healthcare Communications.

In view of the advancement from the domestic markets


to making their presence felt in the global markets, the •Back to Society………………………………4
students have undertaken a project which involved a
detailed study conducted to discover the most eminent --A CSR Initiative by Ranbaxy
forms of media in order to advertise in the global
markets.

It also includes a section on changing trends in •Candid Talk…………………………………...5


advertisements and the presence of Digital Media. --An Interview with Mr. Alvin Saldanha, Chief Creative
Officer, Watermelon Healthcare Communications
We also bring to you one of the 12 part series on
various noteworthy CSR initiatives. The article titled
‘Back to Society’ covers the initiative by Ranbaxy
Laboratories in order to show their appreciation to the •PUMBA News………………………………...6
work done by the scientists and chemists.
--Induction of MBA-BT & Executive MBA
A section based on PUMBA and the happenings in
and around the same has also been included.

Your Feedback & Suggestions are welcome at


thepumbagazette@gmail.com

“Reading is not a duty, and has consequently no


business to be made disagreeable”
- Augustine Birrell

Sincerely Yours,

Chief Editior: Niveda Ramkumar MBA-BT (Sem III)


(THE PUMBA GAZETTE Team)

(The detailed project reports shall be provided on


enquiry. Kindly send in your enquiries at
thepumbagazette@gmail.com )
Going Global…

The Indian Biotechnology market caters to number of Out of the total sample surveyed, 14.6% were
niche segments, thus resulting in an increasing newsletters where the companies can present their
number of domestic players. These players are advertisements or any publication which will help in
generally startup firms or companies with very less their publicity free of cost.14.4 % of the sample were
capital investments mainly focusing on local markets. magazines related to biotechnology and its niche
sectors.21.57% websites found are portals where the
One of the ways a company can expand its profile is company can promote themselves in a very effective
by establishing its presence internationally. It is not way reaching to the desired target customer. 12%
feasible for domestic players to make their mark in the were exclusive scientific journals where the company’s
global market with no or less advertising budget. One technical expertise can be highlighted by published
very feasible solution to this issue is to set up virtual articles of the scientists who have opined on the
presence of the company online products and services. 6% of the total sample sizes
were expos and 4 % recruitment sites also can
The concept of online marketing includes registering contribute to the company’s recruitment strategy.
the company profile in online directories, subscribing to
newsletters, scientific journals and magazines and in Directories play a very important role contributing to
turn giving advertisements in them facilitating the almost 26% of the total sample size as these are
promotion to the entire circulation. portals where a company can display its entire profile
as well the product and service portfolio.
The various Trade fairs/ conferences that take place
nationally as well as internationally are a good platform Thus the online marketing strategy was found to be a
to promote domestic companies on a larger scale highly convenient and economical way of promoting
economically. The recruitment websites or portals can the company with small advertisement budgets and
also be considered as one of the options to increase high aspirations.
visibility.

The startup firms and SMEs may not have the required
budget to hire advertising firms for their promotional
activities. These companies can spare a few man Compiled by: Ankita Barve, Nidhi Nirmal, Rohit Shinde,
hours weekly registering to such web portals and Vishakha Shinde (MBA-BT, Sem III)
establishing the companies’ presence on the web. This
will help them get a global exposure as the presence
on the Internet will allow an international audience to
view the company profile and its differentiated
products and/or services.

Online advertising channels

Newsletters
300 Magazines
Number

Advertising
200 297
239 Journals
100 Directories
162 160 132 72 46
0 Expo
Recruitment

2
21st Century’s Greatest Art Form

Advertising has always been ever-evolving and ever- One successful media campaign, for example, of an
changing, from the use of print media to television and FMCG company used the digital media to drive sales
radio, it’s always been all-embracing to use the various with the campaign “India Votes: To shave or Not, they
forms of media present. managed an all time sales record with a sales increase
st of 35%.
The 21 century ushered in the digital revolution and
advertising through the digital media has soon become Healthcare advertisers have also been quick to adapt
the new buzz word in the field. Digital media is a huge to the digital media, certainly to avail the various
canvas and it does not ask for bigger brushes but calls benefits it has to offer.
for bigger thinking, a fresh approach and a new
perspective. Many healthcare companies are reaching their
consumers through their websites, so that they can
provide quick service and provide them with up-to-date
knowledge. They are forming discussion forums,
advertising on health websites thus reaching the niche
market they want to appeal to. A healthcare company
is soon launching a social network campaign to bring
in volunteers to support 10 major social initiatives with
an investment of almost Rs 50 crore. The digital media
is slowly eating into the share of the advertising
budgets of most companies compared to the other
forms.
Leadership in this field can be achieved like every
other form of advertising from understanding what the
customers need. With the usage of internet growing to Though it’s not really about Print vs. TV vs. radio vs.
about 81 million people as of December 2008 and online vs. mobile, they are complimentary to one
rd
being the 3 largest telecommunications market, another, it’s about how to carry on the communication
advertisers can no longer ignore the potential of the seamlessly across the media and connect with the
digital media. consumers to help drive consumption.

Obviously, the usage of digital media is going to


increase overtime as more and more people take up to
the internet, it’s in the hand of the advertisers to
innovate and strategize to form a whole new platform
to reach the consumers and their ever changing
needs.

Compiled by – Mukund Birje (MBA-BT, Sem III)

It’s being used by them to reach to the fast moving, 25


plus, affluent families in the various cities of India.

The digital media advertising includes the use of social


networking sites like Facebook and Twitter, Search
engine optimization, use of video banners, WAP sites,
homepage take-overs, sync banners, blogs and video
sharing websites.

3
Back to Society
Nominations are invited from Heads of Research
Institutions, Universities, Medical and Pharmaceutical
A CSR Initiative by Ranbaxy - Ranbaxy Science colleges, for the Ranbaxy Research Awards of Rs.
Foundation 50,000/- each for excellence in original research work
in Medical and Pharmaceutical Sciences Medical
Sciences: One award each for Basic Research and
Ranbaxy Laboratories Limited, headquartered in India Clinical Research.
is credited for producing a wide range of affordable
generic medicines and trusted by healthcare Pharmaceutical Sciences: One award Sponsored work
professionals and patients across geographies. The of Indian Scientists, both in India and abroad, together
Company is serving its customers in over 125 with their bio-data, research achievements, awards
countries and has an expanding international portfolio received in the past and papers published may be
of affiliates, joint ventures and alliances, ground forwarded to the Ranbaxy Science Foundation
operations in 49 countries and manufacturing
operations in 9 countries.
A few eminent people who were rewarded for their
Despite all this the company still realizes it has its own immense contribution to the world of healthcare and
share to contribute towards the well being of the public medicine are Dr. Sankar Ghosh, Professor, Section of
upon which their business is based. Thus Ranbaxy Immunology and Department of Molecular Biophysics
Science Foundation (RSF) was constituted by and Biochemistry, Yale University School of Medicine,
Ranbaxy Laboratories Limited in order to add a social USA, who received the award for his several ground-
dimension to the organization. Late Prof. V. breaking discoveries in the broad field of cell signaling
Ramalingaswami, was the founder Chairman of the in immunology.
Foundation. It was incorporated as Ranbaxy Research
Foundation in 1985 and was later reconstituted as a Dr. Nirbhay Kumar, Professor, Molecular
separate society and registered under the Societies Microbiology & Immunology, Bloomberg School of
Act in May 1994 with an implicit mission of giving Public Health, Johns Hopkins University, USA, and Dr.
impetus to research activity and help in reviving India’s B.C. Das, Director of Institute of Cytology and
great scientific tradition. Looking at Indian industry, Preventive Oncology (ICPO), India.
there are two clear strands emerging: one is our huge
talent pool in terms of scientists and chemists; second Dr. B.C. Das was selected for the award for his
is our mathematical skill. original contributions in the early detection and control
of cervical cancer which is a major cancer among
This Foundation instituted Ranbaxy Research Awards Indian women and a public health problem. All the
to recognize original outstanding contributions in the contributions other than these are equally important
fields of Medical and Pharmaceutical Sciences. Every and noteworthy.
year it invites nominations for 4 awards – 3 Awards for
Rs.1,00,000/- each in the fields of Medical Sciences in The company thus contributes a lot to the research in
Basic. Applied and Clinical and 1 Awards of the nation by motivating these people and steering
Rs.1,00,000/- in the field of Pharmaceutical Sciences. their researches. This entire concept serves a dual
So far 104 scientists have been honored by the purpose of providing the leading pharmaceutical in the
Foundation. nation with good research leads and identifying the
true potential of hidden scientists thus bringing out the
The organization is dedicated to promote scientific stars among the researchers. This creates a win-win
endeavors in the country by encouraging and situation for both the company and the researcher.
rewarding and channeling national and international However the benefits are not restricted to the company
knowledge and expertise on subjects connected with and the researcher it is a boon as well to the entire
treatment of diseases afflicting mankind. To achieve science community and the ultimate beneficiary is the
these objectives, the Foundation conducts Round consumer to whom the entire industry caters.
Table Conferences on topics concerning public health
and symposia on topics at the cutting edge of research Hence this effort is a worthwhile and very well reflects
in medical sciences to explore the latest in the the ideals of the company wherein it focuses on the
selected area of specialty and its potential application public interest with significant contribution to the
for the benefit of mankind. society through its own members.
Being committed to recognizing and furthering
excellence, the Foundation has also initiated
“Research Scholarship Awards for the Young Compiled by: Ashish Mishra, Queeny Bubana
Scientists” with an aim to stimulate their interest in (MBA-BT, Sem III),
research.

4
“We are on the rising curve...”
Q How is a balance maintained between scientific
Mr. Alvin Saldanha is working as the Chief Creative information and aesthetics in case of ‘me-too’
Officer with Watermelon Healthcare Communications, products?
Mumbai. The PUMBA Gazette Interview Team caught
up with him for an exclusive interview. ‘Me too’ products depend entirely on what you are
referring to as aesthetics. Scientific information, to use
your phrase, has very little weight in this space. To
Q How has the healthcare advertising sector clarify, the brand attributes, not the product attributes
grown pertaining to India post liberalisation? are the deciding factor in a multi-seller market space.
Indian healthcare advertising has seen a really
pronounced growth in the last 10 years. Look at it Q What are the new forms of media being
from the point of view of the healthcare advertising explored?
agencies: they are now a significant chunk of Rs.
20,000 crore advertising sector and almost every The web, in its 3.0 form, is the biggest developing
major agency has a healthcare arm. platform.

Q What are the major areas that healthcare Q How influential is Digital media in advertising
advertising currently encompasses? healthcare products?
If you are talking about healthcare, then wellness, There are billions of sites on the web, for example, that
preventative brands and sheer lifestyle products are cater to medical, pharma and wellness spaces and
the major areas. If you want to include pharma, then they have gigantic databases and repeat visitors. It
factor in pharmaceuticals, biotechnology products, doesn’t take a genius to do the math.
hospitals, other healthcare delivery organisations,
medical devices. Indeed, any product in this space that
is competing to be purchased falls under this purview. Q How has recession affected the field of
advertising?
Q Are there any differences with respect to Advertising per se has taken a body blow, but many
advertising for healthcare products in different media have reported stratospheric growth.
domestic and global markets? Radio has benefited from the reduced media costs, as
has many kinds of online advertising, for the very
The differences that are true vis-à-vis consumer’s same reason. Pharma and healthcare agencies have
sensibilities, preferences and choices in domestic and not been so badly hit, because the ‘demand’ for their
global markets are utterly true here too. Take vaccines brands is constant, and if I may be a little ghoulish, a
for examples; they are far more adopted in the West lot of pharma product sales go into overdrive when
than they are here. India also has more restrictive laws people are facing bleak days.
for DTC advertising, so that has its effect. India is still a
under-branded and under-marketed place, and what is
true for any brand is true for a healthcare brand. Q What is the future trend anticipated in this
sector?
Q Being highly niche, how well is healthcare Growth, pure and simple. We are on the rising curve of
advertising accepted? a whole new trend in holistic, empowered living and
the pharma and healthcare brands will benefit
We have our very own credibility and plausibility now, enormously from it. These brands are not necessary
and we are no longer the step-sister of the major on the shelves in bottles and tubes, they are the entire
advertising agency. gamut of wellness, and that is particularly where the
growth will be manifest.

Compiled by: The PUMBA Gazette Interview Team

5
PUMBA News

The first speaker Dr Suruchi Mandrekar, Senior


INDUCTION: BATCH OF MBA BIOTECHNOLOGY Research fellow, Chest Research Foundation India,
2009-11 detailed the outline of Clinical research in India and the
Future prospects in the industry.
Induction which is one of the most cherished traditions
in PUMBA, modelled on the framework of corporate Dr Salvi, Director, Chest Research Foundation took
inductions, focuses on getting the students familiarised the opportunity to motivate the students.
with the internal and visiting faculty, the premises, the
culture and the norms of the course.
With a format which includes the Head of the
Department Dr.B.V.Sangvikar who welcomed the
students and the Dean of Faculty Dr Capt C.M.Chitale
who addressed the students pertaining to the norms
and requisites of the coming 2 years and their further
stint with the Corporate.

Mr Girish Atre, Managing director, Surujan Foods, an


esteemed alumnus of PUMBA, gave the students
valuable insights on the FMCG sector.

Mr Atul Aslekar, Chief Technology Officer,


Vlifesciences laid the framework for the Drug discovery
and delivery systems operational in the
Pharmaceutical industry and the prospects for growth
in it. Ms Deepa Joglekar, Manager, HR and
Administration,Vlifesciences spoke to the students
Esteemed speakers from the Biotechnology industry about the future openings in Human Resources for
briefed the fresh students of the requisites of the freshers in the field of Biotechnology.
various sectors and where they can suppose to see
themselves at the end of the 2 years. A two day long induction was conducted with a
The chief guest Dr. Ravetkar Senior Director, Serum perspective of encouraging the students to give in their
Institute of India, a very widely acclaimed scientist best from the very beginning of their foray into the
briefed the students about the current scenario of the corporate world.
biotechnology industry and the opportunities in the
vaccine industry.

6
INDUCTION: EXECUTIVE MBA BATCH OF 2009-11 GUEST LECTURES:

The second privileged batch of Executive MBA was MR SAMEER KOLHE, GENERAL MANAGER,
th
inducted on the 17 July, 2009. INTERNATIONAL MARKETING, INDOCO REMEDIES

The course is structured to give the additive theoretical Yet another esteemed alumnus of PUMBA came back
backdrop for all those whose zest to learn is not over to his roots to tell the future batch of PUMBA of his
yet and to enable them to strengthen their profiles and experiences of the corporate world and what gives
performance in the corporate. them the edge over the others. He also touched upon
the necessities to perform in the corporate, utilize your
With a warm welcome for the Head of the Department knowledge as your differentiation and stand out as
and the Dean of Faculty of Management, they were they traverse through their years of work.
encouraged to make the most of their stint at
Management education by Mr Baharte, Managing
Director, SEED Infotech ltd, the chief guest on the
occasion.

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