Special Media Issue
* Strategic choices of an advertising agency
* Re-engineering today's advertising agency for tomorrow
* Evolving equations:analysing the client-agency-media owner relationship
* Strategic Marketing Forum
* Face it: no one's willing to work for ad agencies anymore
* Why media planing must be redefined
* Pricing of TV time
* Need for a one-stop media shop for meeting clients' communication needs
* Making the right connections
* Conventional television in the time of convergence
* The ad industry needs a wake up call.... right now
* The importance of targeting in online advertising
* Frontiers of research
* Book Review
Foreword               by Mr Bhaskar Das
 For many advertisers and advertising agencies, media, especially in a majority of consumer issues, has always remained a backroom activity. The absolute blitzkrieg in technology development and globalisation during the last four years has seen tectonic changes taking place in both the software and hardware side of media. While technology has created multiple options and new types of competition, globalisation has ushered in a new consumer culture - one that edits what it receives. This in its trail has fragmented the attention span of users and has also impacted the process of cumulative reach buildup, message registration and retention of audience. Further, media inflation occurs in geometric progression and has compounded the complexity of the media evaluation, planning and buying process.subjects of media. In the past too, SM has in part covered media-related concerns, but this time the coverage is wider. Agreed, it is not an exhaustive compendium on all media subjects, but this issue of SM has selected and presented the viewpoints of key industry players as well as research from our own team.
       For instance, Mr Kiran Karnik, MD, Discovery Communications India, talks about the future of conventional television in the days of new interactive media. Mr Tapan Pal, President, Zenith Communications, elucidates on the need to have a one-stop shop for meeting clients’ varied communication needs. While Mr Biju Joseph provides clues on attracting the best talents to the advertising industry, Mr Santosh Desai speaks of the importance of Communication Planning. I hope you enjoy this issue and find important nuggets of information for your reference. Needless to say, we welcome feedback; do suggest other areas you would like us to focus on in our future editions. And we, in our own way, will continue to bring you the most relevant issues faced today by the marketing fraternity at large. Happy reading, then!
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