They could – indeed are – taking cues from 
the west where adwallahs are doing sharp numbers with this crowd. Revlon, recently, launched a brand called Vital Radiance targetting, hot n’ heavy, the plus-50 women. American car-makers too have started focusing on (baby-boomers) the 50-plus men because this group “accounts for half the US spending,” leading them to confidently believe, the older Gen Grey of today get, the deeper, their pockets become! Renowned and respected Behavioral Scientist, Ashish Nandy agrees. “I am 70 and sometimes feel my age but people associating with me, don’t seem to share this feeling!” They can’t really be blamed because, active as hell, Nandy is perpetually on the move – in the capacity of a much-in-demand speaker at Seminars, Symposiums and other forays – at home and abroad. Did his father, remotely do anything similar? He smiles. “He started feeling old the day he hit sixty!” Nandy believes its really a generational thing and perceptively points out to the two dramatic aspects that has driven this change – mindset and consumption pattern. “In my youth, one couldn’t dream of a 50-plus gentleman wearing shorts, tees or jeans, unless he was hugely anglicised, fashion-conscious and came from rich, upper class stock. Today, it is fairly common to see Gen Grey moving around in these, without the slightest trace of self-consciousness. I guess this has motivated marketers to include them in their target group.”
Suddenly the Gen Grey guy is not the over-the-hill, bored, broke, depressed bozo imagined but an active member of MOFS (Male Over Fifty Spenders). Sure kids understand brand and technology, but when it comes to spending big bucks … and by the way it is reported that 18.8% of India is 50-plus, so we really are talking monster numbers, here!
the west where adwallahs are doing sharp numbers with this crowd. Revlon, recently, launched a brand called Vital Radiance targetting, hot n’ heavy, the plus-50 women. American car-makers too have started focusing on (baby-boomers) the 50-plus men because this group “accounts for half the US spending,” leading them to confidently believe, the older Gen Grey of today get, the deeper, their pockets become! Renowned and respected Behavioral Scientist, Ashish Nandy agrees. “I am 70 and sometimes feel my age but people associating with me, don’t seem to share this feeling!” They can’t really be blamed because, active as hell, Nandy is perpetually on the move – in the capacity of a much-in-demand speaker at Seminars, Symposiums and other forays – at home and abroad. Did his father, remotely do anything similar? He smiles. “He started feeling old the day he hit sixty!” Nandy believes its really a generational thing and perceptively points out to the two dramatic aspects that has driven this change – mindset and consumption pattern. “In my youth, one couldn’t dream of a 50-plus gentleman wearing shorts, tees or jeans, unless he was hugely anglicised, fashion-conscious and came from rich, upper class stock. Today, it is fairly common to see Gen Grey moving around in these, without the slightest trace of self-consciousness. I guess this has motivated marketers to include them in their target group.”Suddenly the Gen Grey guy is not the over-the-hill, bored, broke, depressed bozo imagined but an active member of MOFS (Male Over Fifty Spenders). Sure kids understand brand and technology, but when it comes to spending big bucks … and by the way it is reported that 18.8% of India is 50-plus, so we really are talking monster numbers, here!
ding and trust among Emami’s employees? “We prefer to listen to employees and learn by working together. It helps employees feel secure and gives them the comfort edge. Amazingly, we’ve never had even a single man day loss; and not even in our factories,” Ratna is quite assertive in her statement. Is that because of the rewards and recognition system in Emami? Partly accepting, Ratna throws a side punch at me, when she says that the one thing that is very hard to find in this world is an employee who is satisfied with his salary and does not seek rewards and recognition. And today, when attrition rates are skyrocketing, one needs to pay proper attention to this particular function too.
honcho of PNC, Pritish Nandy however scoffs at any mention of advertising being associated with truth or reality. “To me, advertising is nothing more than a 30 second recreational capsule designed to provide a breather from the brutalities of India’s newscape. Into this, of course, is insidiously built-in the profit motive.” Warmed up, he offers his views on advertising’s depiction of woman. “It’s very interesting. They throw up two stereotypes, neither of which is anchored in reality! The first is the “firang” model, the sassy and sexy international (Kate Moss?) import who sashays across up-market glossies, Sunday supplements as also our TV screens. The creators of this persona believe that teaming with the brand owners, they can successfully hawk style, attitude and looks because, after all, what you see is where the action is! This leads to the conviction that consumers will surely buy into this image because in today’s globalised India, the Western look, style & pizazz is the flavour of the moment.” This tragi-comical colonisation of their mind, Nandy believes is, mercifully, not shared by the Indian consumer and reflects the ad fraternity’s total disconnect with reality. It brilliantly symbolises what today’s India is NOT!
prevent such an acquisition, primarily because I believe management really does feel that Microsoft’s $44 billion offer is too low,” feels Richard Dorfman, MD, Richard Alan Incorporated (a New York-based investment firm) and Chairman, TransMedia Institute. If first quarter numbers are good, it would signify Yahoo!’s best shot at gaining some power in negotiations with Microsoft ahead of its Saturday deadline to accept the software company’s nearly $44-billion takeover offer. A good Q1 would mean that Ballmer eats crow.
Info, came from Mayfield Fund, (along with the existing investors) for a whopping $1,175 million. Whenever a company gets these kinds of funding it gives it a great boost. With capital at your disposal you can go out and grab each opportunity that awaits you, as money is no longer an issue to ponder about. Also your credibility in the marketplace increases as you have prestigious names that are backing you and your business ventures. All this helps in attracting good talent towards the organisation, as great minds would work with vigour when they know that their monetary needs would be well met by the organisation in both the short & the long run. More money in your hand also helps you to grow faster than the market.