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When television made its appearance in 1973 (in India), many media
watchers set off an alarm. 'Print is dead' they said. Years later,
with the advent of satellite broadcasting, when the country got
cable-wired the doomsayers once again started nodding their heads.
But history has proved them wrong. And Gutenberg the father of the
printing press, in his wildest dreams probably never imagined that
his invention would so influence mankind.
Indian Print - Happening Medium
The last 2 years itself have seen the launch of a spate of Indian
publications.
The launch of Gujarati daily Divya Bhaskar created a market furor.
While regional newspapers continued to launch ever-increasing number
of editions, Reliance Group has forayed into print with Harmony,
edited by the younger bahu. (Their earlier buy-out of The Sunday
Observer ended in a minor embarassment.) Not to be outdone, the
Essar group is all set to launch Time Out.
Last April also saw the launch of Tarun Tejpal's print offering
- Tehelka - after a much hyped prologue which sought the involvement
of would-be-readers.
Last year also witnessed a host of special interest publications.
Chitralekha for example, launched "International Watch Review".
The market also saw a number of special interest publications. (Leading
Gujarati magazine Chitralekha for example, launched "International
Watch Review". )
This year, Mumbai based Midday group launched their quick-read morning
newspaper "Morning Quick". (A flanking move against Times of India?)
The advertising industry has seen Media, Pitch, USP Age, Brand Reporter
& Impact launched in quick succession. And free publications are
growing in number with practically one in every major city. (Including
smaller metros like Lucknow !)
Catching 'em Young
The Times of India meanwhile, has executed its master strategy of
selling newspapers to primary school students, as a "student edition".
This will not only increase its paid circulation (individual subscription
forms counter-signed by parents will satisfy stringent ABC regulations)
but also develop the habit of reading The Times from a young age
!
At the same time, New Delhi based NGO Butterflies has launched The
National Children's Times.
Competition
There are strong indications nay expectations, that Hindustan Times
will raise its standard in Mumbai. Of course, the old lady of Bori
Bunder should be worried.
Meanwhile, competition amongst regional newspapers continues unabated.
Dainik Bhaskar is a case study that amply illustrates ambition,
skill & the ability to spot opportunity. After successfully establishing
it's brand in key Hindi market Rajasthan and upstaging the established
leader, the group launched sibling brand Divya Bhaskar in Gujarat
to unsettle the 2 traditional leaders. (A few years ago, this was
as unimaginable as 9/11 !)
Foreign Brands
Many Indian publishing houses are waiting for the new Govt's policy
on FDI in the print media. Just as international publishing houses
are waiting for the Government to raise the green flag. Some foreign
mastheads have even tried to launch their Indian editions through
loop holes. International Herald Tribune is a case in point.
The Future
The advent of a score of Indian News Channels has had little effect
on the circulation of most major dailies. Perhaps the reason lies
in a combination of reduced cover price, enhanced literacy & increasing
disposable income. Along with a pressing need to stay informed.
The allure of print is as strong as ever. Walk into a magazine stall
and you are assailed with a wide range of choices. Franchising,
Outdoor Advertising, Point of Purchase design, Strategic marketing,
Car & Bike magazines - there's a magazine for every imaginable subject
! And not just in English.
Indian publishers have become savvier. Outlook readers' response
to travel features gave shape to "Outlook Traveller". While Dainik
Bhaskar has perfected the art of pre-launch market surveys conducted
by their own Marketing Dept - as a pre-cursor to designing their
content. And Times of India is catching them young !
For the present, it looks like man's love for the printed word is
not diminishing !
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