From Cost to Trust, From Pride to Cost
Advertisements are a great way to sense the economy and industry.. Couple of years back telecom advertisements were all about coverage, sms cost, call cost etc. All the players were competing on call plans, coverage ( remember the vodafone pug ads? ).. Today, it is moving slowly into parameters like trust ( Idea ads ).. The industry matured in such a way that it was pointless to compete more on call or data prices or network coverage. These were taken as granted. Someone had to breakoff from the usual mode of competition into something else. Airtel tried it first, Idea followed ( what an idea sirjee - i think this was actually a wasteful campaign which did not reinforce or bring about anything new ).. Idea seems to have got its act correctly in the second wave of ads focussed on Trust. And, by far, it has been doing good financially as well Another sector that is slowly getting into this mode of competing on something intangible is banking. Ads in banking were mostly ab...