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ACK Media: Challenges and Strategies

ACK Media faces challenges adapting to changing consumer tastes and the rise of digital media. It was founded in 1967 and sold over 90 million copies before being acquired by Samir Patel in 2007. While it was successful due to targeting family audiences and appropriate pricing, it now must decide whether to focus on digitization or traditional print amidst competition from other media companies. Recommendations include strengthening distribution networks, developing digital content, and targeting new age groups through creative offerings across multiple channels.

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Aayush Bansal
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0% found this document useful (0 votes)
176 views16 pages

ACK Media: Challenges and Strategies

ACK Media faces challenges adapting to changing consumer tastes and the rise of digital media. It was founded in 1967 and sold over 90 million copies before being acquired by Samir Patel in 2007. While it was successful due to targeting family audiences and appropriate pricing, it now must decide whether to focus on digitization or traditional print amidst competition from other media companies. Recommendations include strengthening distribution networks, developing digital content, and targeting new age groups through creative offerings across multiple channels.

Uploaded by

Aayush Bansal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ACK MEDIA – Case Study

Team 18
• Sumit Prasad
• Sarthak Goswami
• Dakshata Nair
• Priya Jain
• Niteesh Gajjala
• Sudharma K.
• Nikunj Gattani
Case Synopsis
❑ Launched in 1960’s by Anant Pai.

❑ Sold more than 90 million copies.

❑ Acquired by Samir Patel in 2007 and consolidated under the


umbrella brand of ACK Media.

❑ The firm faces challenges with the onset of technological advances


in the area’s of television and internet and changing consumer
preferences.
Business Challenges

In the era of changing consumer tastes and preferability


towards digital entertainment the management is faced with
the dilemma to either lay more focus on digitization or stay true
to their original mode of business with available resources and
revenues.

❑ Discontinuation of Digitization of content.

❑ More emphasis on Digital format and less on traditional print.

❑ Equal emphasis on both the formats.


Amar Chitra Katha : Inception

❑ Founded in Delhi, 1967 with a motive to promote Indian culture


to young audience in collaboration with Indian Book House.

❑ Paradigm shift in family structures in India meant that young


audience gravitated towards Amar Chitra Katha as a source
of knowledge.

❑ Target consumer’s preferences were kept in mind while


preparing the series in English medium which brought in
success. While vernacular versions were launched to cater to
audiences from that background.
Marketing Strategy
Market Analysis and Brand Positioning

❑ Family Structural changes meant lack of knowledge sources


for young children, and launching the series in appropriate
language medium.

❑ The series was positioned to cater to parents intending to


provide their children a glimpse of Indian cultural heritage.

❑ Puzzles , games and facts were introduced to Induce


additional interest and add value to the product.
Marketing Strategy
Pricing Strategy

❑ The product was priced nominally in order to become


reachable to the masses.

❑ Later the firm tried to promote sales by starting combination


offers on various occasions.

❑ Post takeover by ACK Media, the series were priced at 2$ for


reaching out to international consumers using electronic
media.
Marketing Strategy

Supply Chain Management


❑ The product distribution channels included 500+ retail outlets
with a strong network of retailers and advertisers.

❑ The firm introduced free sampling and tied up with


advertising companies to ensure steady revenues.
Critics Views

❑ The products were challenged on the historical facts and


account of real people.

❑ The series were interpreted to favor Hinduism and promoting


Brahmin culture.

❑ The series were also criticized for not bringing fresh ideas and
recycling old patterns over time.
ACK Media

Declining revenues and increased competition led to the


takeover of Amar Chitra Katha by ACK Media.

The takeover was positioned to take on the following objectives:

✓ Strengthen existing distribution networks.

✓ Penetration of market by introduction of digital content.

✓ Development of proprietary content in electronic format.


ACK Media
Current Market Challenges

❑ Liberalization of economy ensured entry of fresh competitors in


the market such as DC and Marvel.

❑ Generational change also ensured changed tastes towards


adventure and thrill, thus deviating from traditional comics.

❑ Rapidly advancing internet and digital media further pushing


the firm to introspect its market strategy.
Strengths :
Established
brand name
with
consumers

Threat : Stiff
competition
Opportunity :
from
multimedia
corporations
SWOT Digital Media
penetration.
and comics.

Weakness :
Absence of
fresh content.
ACK Media :
Recommendations

Market share and revenue being key drivers of business continuity


ensures that the business needs to act fast while staying true to its
roots.

The business should go ahead with digitization process and keep


on adding new feathers to its series to ensure that ideas remain
fresh and relevant to the masses of generation 2.0

The digital medium has showed promise with Amar Chitra Katha
receiving best seller children’s publications in early 2011, while the
firm selling 1.5 million downloads of mobile games.
ACK Media :
Recommendations

Creative and Can implement


Target other
diversified google ads and
age groups.
offering. social media.

Market
Automation
Analytics
ACK Media :
Recommendations
E-Commerce

❑ Retailing business is all about knowing what your customer wants and catering
to such needs.

❑ ACK Media can also engage in online marketplaces like Amazon , Flipkart etc.

❑ It would help the firm get access to constantly changing data on consumer
preferences, analysis of ACK product performance etc.
Big Data Analytics@ ACK

❑ ACK Media can foray into Big Data Analytics frameworks for
execution of customer-centric campaigns.

❑ Focus on integrated online and offline channels.

❑ Development of automated customer communication systems.

❑ Database management and customer contact via email and


social networks.
Thank You

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