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Copy of Radio Mirchi 98[1].3 Fm Its Hot

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PROJECT REPORT ON Strategy of Radio Mirchi as compare to other radio channels


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Inmanagement the Strategic

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of.Praneti Shah

SUBMITTED BY:

Viral Roy

8086 Neelima K.

804

Bhavin Jadav 8038

Raj Shah Mamta Popat 807

Radio Industry

India has been among the fastest growing economies in the wo with a nominal GDP CAGR of 9.94% over the last 10 years (19 2005). The nominal GDP for fiscal 2005 was Rs. 30,636 bill According to CSO estimates, nominal GDP growth for fiscal 200 estimated at 10.9%. There is a correlation between the econo growth rates of a country i.e. the nominal GDP growth rate, a growth rates of the advertising industry. The key factors which have contributed to growth of the Indian advertising industry include:

Rapid economic growth of the country on the back of econom liberalization and deregulation www.scribd.com/doc/27571640/Copy-of-Radio-Mirchi-98-1-3-Fm-Its-Hot 2/40

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liberalization and deregulation

Copy of Radio Mirchi 98[1].3 Fm Its Hot

Increase in consumer prosperity

Entry of global consumer companies with large advertis budgets

Higher degree of competitive intensity among cons companies

Growth in media vehicles leading to increase in penetration.

Segmentation of Advertising Spends

The five key industry segments comprise print, television, ra cinema, and outdoor. These different segments within the3/40 indus www.scribd.com/doc/27571640/Copy-of-Radio-Mirchi-98-1-3-Fm-Its-Hot

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cinema, and outdoor. These different segments within the indus are at varying stages of growth and corporatization.

Year
2000 2001 2002 2003 2004

Print
49.0% 48.4% 47.2% 46.6% 46.3%

TV
39.3% 40.6% 41.9% 43.0% 43.7%

Radio Cinem a 2.5% 0.5% 2.7% 0.4% 2.9% 0.7% 2.9% 0.7% 2.9% 0.6%

Outdoo Internet r 8.4% 0.3% 7.5% 0.4% 7.0% 0.4% 6.5% 0.4% 6.0% 0.3%
India, Adve

Source:

Central

Statistical

Organization,

Expenditure Forecasts, October 2004 by ZenithOptimedia

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Job Vacancies.
Quikr.com/Jobs Find 1000's of Jobs in your City. Connect with Employers. Apply Now!

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History Wednesday
lanestartin.org History with snark. What a novel concept!

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