AdAsia 2019: Asia's Biggest Advertising Industry Conference in Lahore, Pakistan

On December 2, 3, 4 and 5, 2019,  Pakistan played host to AdAsia 2019 after a gap of 30 years. It is the largest and most prestigious advertising industry conference in Asia – organized bi-annually by the Asian Federation of Advertising Associations (AFAA). It drew attendees from all over the world to Lahore, Pakistan.  This conference has taken place at a time when Pakistan's 88 billion rupee media industry is in the midst of a major shakeout after a long period of rapid double-digit growth since the turn of the century. The only advertising segment still hot and growing at double digit rates is digital.



Pakistan President Arif Alavi delivered the closing keynote address. Other speakers included Sir Martin Sorrell, Founder, WPP; Philip Thomas, CEO, Cannes Lions; Randi Zuckerberg, CEO, Zuckerberg Media and former Director Market Development, Facebook; Kaveri Khullar, Marketing Director, Mastercard Southeast Asia; Fernando Machado, Global CMO, Burger King; Asad J. Malik, an artist specializing in augmented reality; Piyush Pandey, CCO Worldwide and Executive Chairman India, Ogilvy; Marcus Peffers, Global CEO, M and C Saatchi World Services; Stefan Sagmeister, Co-Founder Sagmeister and Walsh; Richard Quest of CNN Business;  and Yasuharu Sasaki, ECD, the Dentsu Network.


Digital Advertising: 

Sessions on digital advertising were packed at the conference. This segment of advertising is growing rapidly amidst declining total ad spend in Pakistan.

Randi Zuckerberg, former executive at Facebook and sister of Mark Zuckerberg, was a featured speaker to talk about digital marketing. She shared her experience of how digital media became a powerful force for marketers. “15 years ago, my marketing budget for a whole year was one box of t-shirts,” she told the audience as she talked about her years at Facebook. “It’s really amazing to see how far the world can come in time,” she added.

Zuckerberg praised Pakistan as a country that honors women. “Pakistan has given us women such as Malala Yousafzai and Benazir Bhutto,” she said. “This shows that Pakistan is a country that really honors its women.”

Zuckerberg was followed by Tom Goodwin, head of innovation at Zenith Media.  He focused on how our lives have been transformed by ongoing Digital Revolution.  “Smartphones have become like fireplaces to people. People gather around their devices and their connection to the world becomes what gives them warmth,” Goodwin said.

Growth of broadband access in Pakistan is changing the country's media landscape. Digital advertising revenue is forecast to grow by 32% in 2019 to Rs. 10.8 billion ($103 million), 12% of total national advertising revenue (NAR), according to Magna Advertising. Digital marketing expert Lars Anthonisen believes Pakistan is quickly becoming a "digital first country". Anthonisen sees "new opportunities for brands to reach and engage with consumers who may have previously been overlooked". Overall ad spend in Pakistan is expected to rise by 15% in 2019 to Rs. 88.3 billion ($840 million) following a steep decline (-11%) in 2018, according to a Branding in Asia report. Growing availability of smartphones, tablets and mobile broadband is extending the reach of advertisers to digital media where it is possible to precisely target prospective customers.

Pakistan Media Industry: 

Pakistan's 88 billion rupee media industry is in the midst of a major shakeout after a long period of rapid double-digit growth since the turn of the century. Hundreds of journalists and other staff have lost their jobs. At least one TV channel, Waqt News, has closed while several others are downsizing. While such consolidation was long overdue after nearly two-decade long period of explosive growth, the PTI government's decision to reduce advertising budget, which constitutes nearly a quarter of all ad spending in the country, appears to be the main trigger. Those affected by consolidation are accusing the government of exercising press censorship by cutting its ad spending.

Rapid Media Growth:

Rising buying power of rapidly expanding middle class in Pakistan drove the nation's media advertising revenue up 14% to a record Rs. 76.2 billion 2016 and another 12% to Rs. 88 billion in 2017, making the country's media market among the world's fastest growing media markets.



Industry Shakeout:

Massive commercial media growth in Pakistan has been most apparent in terms of private TV channels growing from just one in Year 2000 to over 100 today after President Musharraf's deregulation of electronic and other media.

Explosive growth with many new entrants is the fundamental business reason for the recent wave of consolidation and shakeout. Shakeout is a business term used to describe the consolidation of an industry or sector after it has experienced a period of rapid growth in demand followed by oversupply.

At least one TV channel, Waqt News owned by Nawai-Waqt Media Group, has closed while several others are downsizing.  “We are trying to compile exact figures of the affected media persons. So far, we can say that around 1,000-1,500 workers have lost their jobs or faced cuts in salaries in the past few weeks,” Muhammad Afzal Butt, president of one the main factions of Pakistan Federal Union of Journalists (PFUJ) told  The News Sunday (TNS) this week.

Government Spending:

About a quarter of Rs. 80 billion ad revenue comes from federal and provincial government ads in the media. Some of the TV channels receive as much as 50% of their revenue from the government.

"The government has cut its media spend by more than 70% and companies by almost 50%", according to a leading advertising agency owner who spoke to Dawn.

"The (federal) government used to spend some Rs. 10 billion on advertisements annually, which was increased up to Rs35 billion in the last years of the (Nawaz Sharif's PMLN) government," Fawad Chaudhry,  federal minister of information,  told The News Sunday (TNS).  This tax-payers’ money, says the minister, was used by the previous government to bribe the media for favorable coverage.


Summary:

Pakistan has recently hosted AdAsia after a gap of 30 years. It is the largest and most prestigious advertising industry conference in Asia – organized bi-annually by the Asian Federation of Advertising Associations (AFAA). It drew attendees from all over the world to Lahore, Pakistan.  This conference has taken place at a time when Pakistan's 88 billion rupee media industry is in the midst of a major shakeout after a long period of rapid double-digit growth since the turn of the century.  One bright spot is digital advertising which is growing rapidly amidst the declining total ad spend in Pakistan.  Significant reduction in government spending on advertising has triggered a long-overdue shakeout after almost two decades of rapid media growth in Pakistan. About a quarter of Rs. 80 billion ad revenue comes from federal and provincial government ads in the media. Some of the TV channels receive as much as 50% of their revenue from the government.  Hundreds of journalists and other staff have lost their jobs. At least one TV channel, Waqt, has closed while several others are downsizing. Those affected by consolidation are accusing the government of exercising press censorship by cutting its ad spending.


Here's a video discussion on Pakistani media business with Misbah Azam, Sabahat Ashraf and Riaz Haq.


https://youtu.be/Nz1axuB5j-Q





Related Links:

Haq's Musings

South Asia Investor Review

FMCG Growth in Pakistan

Is Media Free?

Pakistan Retail Sales Growth

Advertising Revenue in Pakistan

Pakistan FMCG Market

The Other 99% of Pakistan Story

PSL Cricket League Revenue

E-Commerce in Pakistan

Fintech Revolution in Pakistan

Mobile Broadband Speed in Pakistan

Comments

Riaz Haq said…
#CokeStudio's Sadaf Zarrar: “When I joined Coca-Cola in 2009, it was not the largest brand in the country and our competitor was nearly double the size. Today, it is almost the exact opposite....." #Pakistan #Music #branding #CocaCola https://www.mumbrella.asia/?p=126985 via @MumbrellaAsia

At the 12 season mark, Coke Studio Pakistan is among the longest running branded content initiatives. Why do you believe it has done so well there?

“At the time the show began in 2007, the people of Pakistan needed something that spoke to how rich, diverse and progressive their culture was; a narrative that was not really being picked up.

“In addition, there were a lot of societal divides between the rich, poor, old and young.

“Coke Studio was not about delivering the next top 10 hit, but creating music that meant something. So when a young person heard the song, he would want to share it because it said something about how he feels.

“When you make just a good song, you are competing with international music, Bollywood and a lot more – and Pakistan does that too, since digital makes music easily available.

“But for Coke Studio to have thrived for as long as it has, it needed an angle that no other music had. To look at it only as a music show is where any other market will struggle.”

How do you keep that angle alive?

“The most important element is contextual relevance. Every year, we tell stories that are relevant at that point of time.

“To have transgendered artists on Coke Studio 12 years ago – for instance – would have been something interesting. But it probably would not have got picked up as well as it did recently, at a time when this has become a more pertinent topic.

“Similarly, when terrorism was at its peak, Coke Studio was producing songs like Aye Rah-e-Haq ke Shaheedo [Martyrs of the Righteous Path].


The show addresses and echoes in real time, the constantly evolving sentiment of the country. It is not just about being happy or sad. Artists and genres come and go but it is the stories that go on forever. ”

In what other markets has this approach worked?

“The core or DNA is to be in touch with the pulse of what young people feel. The manifestation is different since the problems of Pakistan may be very different from those of India or the Philippines.

“So the music is different but at the heart of it its an asset activated with the youth and that’s why it is so relevant.

“Coke has always had a purpose. From the days of Hilltop to Mean Joe Green where you saw inclusion in terms of colour.

“The thing is Coke is a brand that is brave enough to have a point of view. That makes it easy to have marketing programmes that speak to inclusiveness and embrace diversity.”
Riaz Haq said…
Mondelez becomes 'first company in Pakistan' to run campaign using Google DV 360 and Oracle Bluekai

https://www.dawn.com/news/1626010/mondelez-becomes-first-company-in-pakistan-to-run-campaign-using-google-dv-360-and-oracle-bluekai


Mondelez — a snacks company whose products include Cadbury Dairy Milk — has become the "first company in Pakistan" to run a campaign using a mixture of Google's Display & Video 360 (DV 360) and Oracle Bluekai. The campaign was executed by communications agency Brainchild.

In a statement, Brainchild shared that the tools were used for Mondelez's "Teachers Ko Salaam" campaign which, while paying tribute to them for "ensuring that life goes on" during the Covid-19 pandemic, also encouraged students to leave heartfelt messages for their teachers at the Cadbury Generosity website and order a personalised Cadbury Dairy Milk gift box for them.

The data-backed targeting methodology used by BrainChild for the campaign resulted in 15 per cent of the engaged audience clicking through to the landing page, the statement said.

"In order to reach high-affinity data sets of students, the team at Brainchild leveraged a second party database — a first for any advertiser or agency in Pakistan — to provide an audience with high-affinity student data sets, delivering highly relevant audiences. Using DV 360 for all the programmatic display buying, the team at Brainchild was able to analyse, adjust, and pivot the overall process," the agency shared.

Ghouse, said the agency used first-party data from the Cadbury Generosity website and complemented it with second-party data taken from Hamariweb and Urdupoint along with DV 360 and Facebook pixels captured.

"The data was then sent to Oracle Bluekai for integration and then back to both DV 360 and Facebook as media channels," he added.

"Tapping the programmatic team at Brainchild, Mondelez becomes the first company in Pakistan to dabble with a blend of DV 360 and Oracle Bluekai in order to activate the power of programmatic media buying coupled with the precision of a data management platform," the statement said.

Google's Country Director, South Asian Frontier, Farhan Qureshi, while reacting to the development said: "It is exciting to see Mondelez Pakistan leverage a mix of first-party and second-party data to create a campaign that is relevant and impactful in the current times.

"As we move towards a more privacy-first advertising ecosystem, first-party data coupled with automation and ML will play a critical role in ensuring that advertisers can focus on privacy while continuing to deliver on business results," he added.

Riaz Haq said…
APAC ad markets to be buoyed by China in 2021, India in 2022 Latest Magna global advertising forecast predicts 12.8% APAC growth in 2021 led by China, with India predicted to outpace all global markets next year.

Read more at: https://www.campaignasia.com/article/apac-ad-markets-to-be-buoyed-by-china-in-2021-india-in-2022/470256


China, the world's second largest ad market behind the US, is leading the way with a phenomenal 16.1% growth rate that Magna says will result in ~$13 billion of incremental spending in 2021. This can't even be considered a 'rebound' as China was one of the few markets to grow in 2020 thanks to a strong digital performance. Other APAC markets, meanwhile are set to enjoy similar levels of rapid advertising growth, namely the Philippines (+16%), Hong Kong (+15%), and Malaysia (+15%), while the slowest growth rates are recorded in Pakistan (+5%), Singapore (+7%), New Zealand (+8%), and Vietnam (+8%), Magna predicts.


Pakistan Linear advertising revenues are anticipated to merely stabilize this year following the erosion of -6% in 2020. Digital growth slowed in 2020, +19%, but will re-accelerate in 2021, rising +24% to reach 19.3 billion rupees ($120 million) by the end of the year. Pakistan is a mobile-first digital ad market, with over 70% of digital dollars going to mobile formats.


India Ad market recovery will be delayed in India compared to other large market, due to the late and protracted COVID crisis. Indian net ad sales revenue will grow +11% in 2021 to reach $8.4 billion (below global and regional averages). However ad spend growth is expected to accelerate in 2022, fuelling advertising revenues increase of +13% (way above APAC average of 6%). But India’s second COVID wave, which has persisted through the spring of 2021, is likely to have scarring effects in the medium term and could weigh on long-term growth. Net ad revenues across digital formats will rise +11% to reach $2.4 billion in 2021, while linear ad sales will grow by +11% from a very low comp following the decline of -30% in 2020. Despite the 11% growth this year, linear ad sales will remain 23% lower than pre-COVID levels, while digital ad sales will be 15% above 2019 levels.
Riaz Haq said…

Hira Mohibullah has moved to the North American market, becoming executive creative director at VMLY&R based in Kansas City. She formerly served as ECD at BBDO Pakistan. Mohibullah now joins the senior ranks of VMLY&R’s U.S. creative team and report to John Godsey, chief creative officer, North America.

https://www.shootonline.com/news/exec-creative-director-hira-mohibullah-joins-vmlyr-bbdo-pakistan

Mohibullah spent six years moving up the ladder to ECD at BBDO Pakistan where she worked on such accounts as Unilever, 7UP, Frito-Lay and UNWomen Pakistan. In her time at BBDO, Mohibullah’s leadership was instrumental in elevating the agency’s reputation into worldwide circles. Mohibullah has won over 215 international awards, including Cannes Lions, D&AD and Clio honors, receiving international acclaim for campaigns that have driven social progress such as changing legislation around child marriages, reducing child-burn incidents by 50% and supporting the reunion of missing children with their families.

“With her award-winning creative talent, wide-ranging experience, as well as strong design thinking, I am confident Hira will deliver exceptional approaches and solutions for our clients and continue to push creative momentum for the agency,” said Godsey.

Mohibullah is celebrated for her advocacy of gender balance in the workplace. She has leveraged the power of advertising to impact positive social change in Pakistan, with a special focus on women’s empowerment. A mother of two, she has helped set up a daycare at two of her previous workplaces, enabling more mothers to join and remain in the workforce.

“VMLY&R boasts of a phenomenal body of work that’s powered by human connection and I’m absolutely thrilled to have the opportunity to drive that vision forward,” Mohibullah said.

Over her 12-year career, Mohibullah has also worked at agencies including Ogilvy and Leo Burnett and brings 10-year beverage experience on brands including Coca-Cola and PepsiCo.

Additional accolades include Cannes Lions See It Be It alumnus, Creative LIAisons mentor and TEDx speaker. She has also served on juries for such competitions as Cannes Lions, D&AD, Clio, New York Festivals, Young Guns and ADSTARS.
Riaz Haq said…
Pakistan: Newspapers fight for survival as sales plunge
Jamila Achakzai Islamabad
11/22/2022November 22, 2022
Print journalism subscriptions and readership have been plummeting as people increasingly get their information from digital sources.

https://www.dw.com/en/pakistans-newspapers-fight-for-survival-as-sales-plunge/a-63845118


Mujahid Hussain, a news hawker in Islamabad, says he is afraid of losing his job amid a downturn in newspaper sales in Pakistan, where people are increasingly getting their information from digital and social media platforms.

"My employer often talks about a slump in newspaper sales and a possible business shutdown. So even if he doesn't close shop, my job is definitely on the line," the 42-year-old father of three told DW.

Hussain pointed out he has already experienced massive pay cuts over the past three years and that his family is struggling to make ends meet.

Many other news vendors in the South Asian country share similar woes.

It was not always like this, however.

Even until a decade ago, the newspaper industry thrived in the country. Daily newspapers, weeklies and magazines used to be a must in offices, living rooms and cafes.

But print publications were first eclipsed by the dozens of private TV news channels that were launched during the presidency of General Pervez Musharraf between 2001 and 2008.

Then came affordable smartphones, social media networks and widespread internet connectivity, which further dented newspaper sales as more and more people began to consume news on online platforms.


Hawkers' lives hit hard
Since the downturn in the newspaper industry has particularly affected hawkers, who mostly work part-time for meager wages, these low-paid workers are taking on other informal jobs to make ends meet.

"Successive governments haven't taken interest in the welfare of newspaper hawkers, so they are generally disheartened, insecure and always on the lookout for better options to make money," said Aqeel Abbasi, the general-secretary of the Newspaper Hawkers Union.

He explained that before Musharraf's government liberalized the broadcast media and telecom sector, Rawalpindi had around 1,600 newspaper vendors and Islamabad 700.

But with the plunge in sales, the number of vendors has dropped to 900 and 480 respectively, he said, stressing that the COVID-19 pandemic and ongoing economic crisis had accelerated the trend.

Another problem compounding the woes of newspapers is their reliance on government advertizing for economic survival.Outlets that are critical of government and military policies have had a tough time generating enough advertizing revenue in recent years.

Will they survive?
News hawker Hussain warned that if the fall in sales did not stop, the print media would have no other option but to get rid of most of its workforce.

Some senior journalists share a similar view.

Salim Bokhari, who once edited the leading English-language newspapers The News and The Nation and currently heads the digital media team at the City News broadcast network, said that "no one wanted to spend time reading through newspaper columns" given "the ocean of information available on mobile phones."

He said newspapers might disappear if the trend continued, although he did not believe that this would happen that soon.

"The electronic media era will ultimately make newspapers' doom. The advertizers have diverted their money to TV channels and even the government prefers electronic media for advertisements," he pointed out.

Hassan Gillani, a media development professional, was more optimistic.

"Newspaper readership might have declined after the emergence and development of electronic media but it's unfair to suggest that print media could soon become a thing of the past," he said.


Riaz Haq said…
Video Streaming (SVoD) - Pakistan
Pakistan

https://www.statista.com/outlook/dmo/digital-media/video-on-demand/video-streaming-svod/pakistan

HIGHLIGHTS
Revenue in the Video Streaming (SVoD) segment is projected to reach US$161.10m in 2022.

Revenue is expected to show an annual growth rate (CAGR 2022-2027) of 22.93%, resulting in a projected market volume of US$452.20m by 2027.

In global comparison, most revenue will be generated in the United States (US$34,100.00m in 2022).

The average revenue per user (ARPU) in the Video Streaming (SVoD) segment is projected to amount to US$9.61 in 2022.

In the Video Streaming (SVoD) segment, the number of users is expected to amount to 25.4m users by 2027.

User penetration will be 7.3% in 2022 and is expected to hit 10.1% by 2027.
The usage share of Netflix amounts to an estimated 50% of the Videostreaming (SVoD) segment and the selected region in 2020.
Riaz Haq said…
Ad revenue in Pakistan


https://aurora.dawn.com/news/1144596#:~:text=OOH%20ad%20revenue%20increased%20by,Rs%200.07%20billion%20(5%25).


Total Ad Revenue Rs. 88.73 billion in 2021-22

Total ad spend (revenue) has increased by Rs 13.09 (17%); in FY 2020-21, it increased by 17.04 (29%).


---------


In FY 2020-21, the combined revenues of Facebook, Google and YouTube accounted for 85% of the total ad spend on digital; this year, they account for 87%.

----------

TV ad revenue increased by Rs 4.64 billion (14%).
Digital ad revenue increased by Rs 3.15 billion (19%).
Print ad revenue increased by Rs 0.21 billion (2%).
OOH ad revenue increased by Rs 3.7 billion (44%).
Brand Activation/POP ad revenue increased by Rs 1.26 billion (50%).
Radio ad revenue increased by Rs 0.07 billion (5%).
Cinema ad revenue increased by Rs 0.06 billion (60%).

TV percentage share decreased by 1.4.
Digital percentage share increased by 0.27.
Print percentage share decreased by 2.19.
OOH percentage share increased by 2.51.
Brand Activation/POP percentage share increased by 0.93.
Radio percentage share decreased by 0.17.
Cinema percentage share increased by 0.05.

------

TV percentage share decreased by 1.4.
Digital percentage share increased by 0.27.
Print percentage share decreased by 2.19.
OOH percentage share increased by 2.51.
Brand Activation/POP percentage share increased by 0.93.
Radio percentage share decreased by 0.17.
Cinema percentage share increased by 0.05.

-----------------

Compared to FY 2020-21, the rankings of the Top Three newspapers remain the same.
Most newspapers have registered slight increases in their revenues.

-------

Compared to FY 2020-21, the Top Five channels have retained their positions.
In FY 2020-21, Radio Awaz Network was #7; this year it is #9.
In FY 2020-21, FM 105 was #9; this year it is #7.

-----------

Compared to FY 2020-21, the rankings of the Top Seven channels remain unchanged.
In FY 2020-21, PTV Home was #8 and Samaa was #9. This year, their positions are inverted.
In FY 2020-21, PTV Sports was #14. This year, it is #10.


-------

In FY 2020-21, the combined revenues of Facebook, Google and YouTube accounted for 85% of the total ad spend on digital; this year, they account for 87%.

-------------

Compared to FY 2020-21, the rankings of Lahore (#1), Karachi (#2) and Hyderabad (#8) remain the same.
In FY 2020-21, Rawalpindi, Faisalabad, Gujranwala, Islamabad and Multan were #3, #4, #5, #6 and #7, respectively. This year, they are #4, #5, #7, #3 and #6.

---------

Product categories that were introduced this year are Real Estate (#1) and Retail/Online (#5).
In FY 2020-21, Beverages, FMCGs and Telecoms were #1, #2 and #3, respectively. This year they are #2, #3 and #4.
In FY 2020-21, Fashion and Electronic Appliances were #4 and #5 respectively. This year, they are #6 and #7.

----------

Compared to FY 2020-21, the rankings of all the elements remain the same.
Riaz Haq said…

----------------

TV Viewership Trends
FY 2021-22

https://aurora.dawn.com/news/1144667/tv-vieweship-trends-fy-2022-23

Compared to the previous fiscal year, the average number of viewership hours decreased by 14%.

Viewership ranges between 3.3 and 2.7 hours a day; it is highest in Karachi (3.3 hours) and lowest in Non-Metro Punjab and Urban Balochistan (2.7 hours).

Compared to the previous fiscal year, viewership has decreased across Pakistan, except in Non-Metro Sindh.


Entertainment channels (40%), unmatched channels (26%), and news channels (19%) have the highest market share. Last year, unmatched channels had the highest share (40%), followed by entertainment channels (36%) and news channels (14%), respectively.

All Genres:

Viewership has decreased among all SECs:
SEC A: Viewership has decreased by 13%.
SEC B: Viewership has decreased by 12%.
SEC C: Viewership has decreased by 9%.
SEC D: Viewership has decreased by 15%.
SEC E: Viewership has decreased by 19%.
Viewership is highest in SEC E; this was the case last year.

Entertainment Channels:

Viewership has increased or decreased among most SECs:
SEC A: Viewership has increased by 2%.
SEC B: Viewership has decreased by 3%.
SEC C: Viewership has increased by 1%.
SEC D: Viewership has decreased by 9%.
SEC E: Viewership has decreased by 9%.
Viewership is highest in SEC C; last year it was highest in SEC E.

Unmatched Channels:

Viewership has decreased among all SECs:
SEC A: Viewership has decreased by 49%.
SEC B: Viewership has decreased by 47%.
SEC C: Viewership has decreased by 38%.
SEC D: Viewership has decreased by 45%.
SEC E: Viewership has decreased by 41%.
Viewership is highest in SEC E; this was the case last year.

News Channels:

Viewership has increased among all SECs:
SEC A: Viewership has increased by 15%.
SEC B: Viewership has increased by 17%.
SEC C: Viewership has increased by 17%.
SEC D: Viewership has increased by 35%.
SEC E: Viewership has increased by 11%.
Viewership is highest in SEC B; this was the case last year.

Children's channels:

Viewership has increased or stayed the same among most SECs:
SEC A: No change
SEC B: No change
SEC C: Viewership has increased by 22%
SEC D: Viewership has increased by 12%
SEC E: Viewership has decreased by 8%
Viewership is highest in SEC E; this was the case last year.

Sports Channels:


l Viewership has increased among all SECs:
SEC A: Viewership has increased by 167%.
SEC B: Viewership has increased by 120%.
SEC C: Viewership has increased by 100%.
SEC D: Viewership has increased by 150%.
SEC E: Viewership has increased by 125%.
l Viewership is highest in SEC B; last year it was the highest in
SECs B and C.


Movie Channels:


Viewership has stayed the same among most SECs:
SEC A: No change.
SEC B: No change.
SEC C: No change.
SEC D: No change.
SEC E: Viewership has decreased by 33%.
Viewership is highest in SECs B, C, D and E; last year it was the highest in SEC E.


Regional Channels:

Viewership has decreased or stayed the same among all SECs:
SEC A: No change.
SEC B: Viewership has decreased by 50%.
SEC C: No change.
SEC D: Viewership has decreased by 50%.
SEC E: No change.
Viewership is highest in SEC E; Last year, it was the highest
in SECs C, D and E.


Cooking Channels:

Viewership has stayed the same compared to the previous year.


Music Channels:

Viewership has decreased or stayed the same among
most SECs:
SEC A: Viewership has decreased by 33%.
SEC B: No change.
SEC C: No change.
SEC D: Viewership has decreased by 50%.
SEC E: No change.
Viewership is highest in SEC A; this was the case last year.


Religious Channels:

Viewership has decreased in all SECs by 100%.

NB:

Figures in this section are based on data collected from Medialogic’s Hybrid Panel which covers 100+ cities and towns and 3,000+ reported households.

Cable penetration in Pakistan’s urban areas stands at 97%.

The data is primarily based on urban regions in Pakistan, and the target audience is limited to C&S individuals only

Numbers have been rounded up in certain instances.*
Riaz Haq said…
Pakistan Tech Firm, Marketer for P&G and Colgate Plans IPO

https://www.bloomberg.com/news/articles/2023-02-08/pakistani-digital-marketer-for-p-g-colgate-palmolive-plans-ipo#xj4y7vzkg

Symmetry Group plans share sale, expand international business
Firm help client targets nation’s 124 million internet users

(Bloomberg) -- Symmetry Group Ltd., a Pakistani technology company founded back when most of the country’s internet users were on dial-up connections, plans an initial public offering in March that could raise about 430 million rupees ($1.6 million).
Most Read from Bloomberg
The Karachi-based company, which specializes in digital services including marketing and whose clients include the local units of Procter & Gamble Co. and Colgate-Palmolive Co., will sell 78 million shares at a fixed price of 5.5 rupees a share, according to Chief Executive Officer Syed Sarocsh Ahmed. The offering will include 71% new stock, and the rest will consist of existing shares sold by the founders.
Symmetry was started in 2003 by Ahmed and his brother, Executive Director Syed Adil Ahmed, with an investment of 150,000 rupees — equivalent to about $2,580 at the time. They sold ads on websites and gave free consultations to Pakistan’s largest media houses, which were not geared for digital marketing.

“We saw a gap,” said Adil, whose experience includes a stint at Yahoo Inc. “Digital marketing was happening globally, it was the next big thing. It was not happening in Pakistan at that time,” he said in an interview.

The company now focuses on the digitization of marketing, sales and other consumer-centric functions. It generated net income of 71.3 million rupees in fiscal 2022, according to a document seen by Bloomberg News. That’s an increase of 24% on the previous fiscal year, Bloomberg...

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