Tips from Top - "An Interactive Session with our Distinguished Alumnus”. Mr. Pravin Tripathi, C.E.O. – Magic 9 Media & Analytics Private Limited.
The students at MBA IIT Kanpur were fortunate to get golden,
pragmatic insights into the world of media analytics and marketing research
when the 1977 batch Alumnus of the institute, Mr. Pravin Tripathi, C.E.O. at Magic
9 Media & Analytics Private Limited, visited the campus during the recent
40th year reunion.
Sir briefed the audience about his company’s work which
provided services like: advertising, media planning, brand consultancy etc.
Wherein the core functions included analytics, design and quality control.
Sharing his knowledge with budding professionals, he spoke about his past projects and the nuances involved in successfully completing
those. Remarkable out of the same was a project for U.I.D., which involved design
of a continuous learning program to get insights about its potential adopters.
Emphasizing upon the importance of the continuous learning program, sir stated
that consumers continually provided useful insights and hence marketing
researcher ought to listen keenly. There existed a statement in every move of
consumer (purchase/ no purchase) and every single transaction was pregnant with
‘learning’ according to him.
Sir also talked about an interesting project in Karnataka, in
which public survey was done to gauge the political sentiments prior to an
election in the state. A remarkable feature of the project was the usage of 'WhatsApp' to transmit live data (during on field interaction
with the respondents) to the control room.
Further, he discussed about the N.C.C.S. (National
Consumer Classification System), its historical evolution via S.E.C. and
lucidly explained its paramount importance for every marketeer.
Moving ahead, sir told about an ongoing TAM (Television
Audience Measurement) project for BARC India (Broadcasting Audience Research
Council). He stated that in simple terms, the project objective was to answer
the question: ‘What India watches?’ The discussion spanned over the
technicalities and nuances of marketing research process. The students were
enlightened about the real world challenges in such a large scale project and
subsequent pragmatic methodologies to overcome the same.
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