EIKONA Connect: Last two years see a surge in CXO's participation for brand promotion
For the period of 2013-2015, Eikona data shows a surge in CXO’s participation in a brand’s PR initiatives in regional and smaller economies of India
The above data is a representation basis of the Top 15 industry verticals that contribute to maximum media space by volumes. Some of the sectors that feature in this list are: Telecom, Banking, Insurance, FMCG, TV Broadcast, etc.
What does this mean for PR Agency & Corporate Communications Industry
This is good news as local media will be more willing to interact and give time to CXO level spokespersons. CXOs spending time in local markets will lend added credibility and seriousness for the brand.
Moreover, CXOs messaging creates occasions to fuse Corporate Communication objectives with those of MarComm. Apart from distributors & consumers, various other stakeholders in local economies will also get addressed.
It also means that with CXOs taking a leap into the local markets, their communications training workshops, which was so far very Corporate News centric will need a drastic change and customization market by market.