Lot has changed and lot will, not only for the Clients' but also for people and organizations working in the Experiential Marketing Industry. Globalization and technology advancement is shaping the way we perceive and see things today like never before. Strategies, tactics, and operational processes that just a decade ago reigned supreme, now look a little out of sync, when viewed through today's brand perspective.
‘Stakeholders’ Equilibrium - People that matter’ by Prateek N. Kumar
1. NeoNiche
NeoNiche defines, designs and delivers tailor made experiential marketing solutions for its
Clients.
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‘Stakeholders’ Equilibrium - People
that matter’ by Prateek N. Kumar
NeoNiche Integrated Solutions Pvt. Ltd. 22:18 Brand , Event , NeoNiche
Lot has changed and lot will, not only for
the Clients' but also for people and
organizations working in the Experiential
Marketing Industry. Globalization and
technology advancement is shaping the
way we perceive and see things today like
never before. Strategies, tactics, and
operational processes that just a decade
ago reigned supreme, now look a little out of sync, when viewed through today's brand
perspective.
As the line between traditional ATL and BTL agencies have started blurring, marketers have
started looking for more robust agencies that could rise up the ‘value chain' and be more
integrated in its approach. Also, what has changed over time is Stakeholders' Equilibrium -
People that matter, their approach, thoughts and adaptability.... be it a client, their agencies
or the people who work in these agencies.
Clients today are looking for agencies which can grow up the value chain from being a
vendor to a marketing partner, who understands their brand and provides ‘Value for money'
solutions rather than rack-listed services. And though this is easier said than done, what is
required by the agencies is consciousness of the fact, that at the heart of stakeholders'
equilibrium lie the most important stakeholders - vendors, partners and people who work in
these agencies.
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2. When Suppliers are paid on time and are treated as an integral part of the agency, they
replicate the same passion in delivering the brand promise and gothat extra mile, much
beyond their "call of duty". The same benchmark can be used on the internal team who
churn out innovative ideas, create concepts, creatives and execute them on ground for the
clients.
For doing this we do not have to look far. Our clients have set the best benchmark
possible.
The need of the hour is to customize the better practices to serve the purpose of an
experiential marketing agency.Making the employee a true stakeholder by on time payment
of salaries, ESIC, provident funds, organizational transparency ensuring that the agency
performance and employee performance is aligned is the first step. Also, long serving
employees could be rewarded through additional perks, bonuses, or something like ESOP
making them a partner in the true sense.
NeoNiche lives by the DNA of "Ideas, Innovation and Insight". Any campaign that we work
on, we try to bring our ideas to the table coupled with an out of the box thinking mind-set.
This has helped us in proposing and executing innovative solutions, be it a ‘Silent Theatre
Conference' or a ‘blue casted experience zone' in an event. For all our clients we try to act
as a trusted adviser, building our insights into any campaign in MIS recommendations.
When one enters the NeoNiche Office, the first thing to be seen is a board with our
‘Mission Statement'. When each day ‘NeoKnights' walk into the office our mission board is
what greets them:-
"We aspire to be the most ‘Respected', 'Caring' and 'Innovative' Experiential Marketing
Company in the world. It is our firm belief, that if we pursue respect, care and innovation,
then we will not short-change our Clients, we will care for our colleagues, their families and
the society in general, treat our partners with respect and understanding and will never
violate the law of the land in whichever Country we operate in. It is our conviction that such
pursuit towards growth will create an environment of trust, harmony and excellence - the
pillars which will lead to constant Innovations for our Clients."
This statement is not just a mere coinage of words but a constant reminder of who we are
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3.
and what we aspire to be.
We do live in exciting times, where things change within a blink of an eye.What keeps all of
us who are a part of an exciting discipline called marketing on the go, is our undying
passion, that adventurous streak, our affinity for challenges and that gush of adrenalin
when it all falls together...Those "moments of truth", knowledge of a work well done and we
all are ready for the next challenge....aren't we?
Prateek N. Kumar is the Founder and Managing Director of NeoNiche Integrated Solutions
Pvt. Ltd. an experiential marketing agency. Read the complete article by the author in the
February 2013 issue of Experiential Marketing.
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