Staff Reporters
Dec 6, 2010

CampaignTV: Aegis Media's Nick Waters on the changing media landscape

HONG KONG - Nick Waters, Asia-Pacific CEO at Aegis Media, discusses game-changing technological developments, important markets in 2011 and consumers across the region, in the third installment of this four-part CampaignTV series titled 'The Changing Media Landscape', sponsored by the FT.

CampaignTV: Aegis Media's Nick Waters on the changing media landscape

Asked about the major influences on his clients' marketing strategies today, Waters said its consistent with the major influences that have always been there, including clients looking for business growth, focusing on key markets and reshaping budgets geographically against key areas and consumers where they can get the growth.

He did however add that recently strategies are increasingly being shaped by the rise of digital media.

He goes on to point at multi-channel television as a technological development that has had an influence on the industry. “I think the industry has got to grips with that thoroughly now and is moving onto the next items,” he said.

He also mentions that search is much more prevalent as companies better understand how to use search marketing in a much more consistent way. As for the rise of social media, Waters reckons clients are now starting to understand how to use it for their maximum benefit.

In addition, Waters points to the rise of digital OOH as the next big thing right now. 30 per cent of Aegis Media's OOH business in China is digitalised.

When asked what markets advertisers should be focussing on in 2011, Waters said “the big beast is China”.

He goes on to say that no-one can afford, and nor are they, to ignore China as the most important driver in this region.

He added they are however seeing strong perfomances and the rising importance of Southeast Asian markets, in particular Thailand, Indonesia, Philippines, and of course India.

Asked about the difference in his strategy for emerging vs. developed markets, Waters said it comes down to the consumers. In developed countries, consumers are greatly segmented due to the availability of a much greater and wider choice of brands to purchase, and media to consume.

In emerging markets, he said consumers are not yet as fragmented so mass communication channels still have a greater effect. He points to free-to-air terrestrial television which remains a highly influential communications medium.

Catch the final episode featuring Yahoo's Rose Tsou discussing the changing media landscape and plans in 2011 as the series concludes next week.

Click here to watch other interviews in the series, including Citibank's Francesco Lagutaine and Richemont's Nicolas Brindjonc.

Source:
Campaign Asia

Follow us

Top news, insights and analysis every weekday

Sign up for Campaign Bulletins

Related Articles

Just Published

4 hours ago

GroupM Southeast Asia CEO Himanshu Shekhar exits

Based out of Indonesia, Shekhar, a key figure in GroupM's regional growth, is leaving the agency after 25 years.

4 hours ago

'The truth doesn't take sides': BBC’s global news chief

In an era where algorithms reward outrage and newsrooms rush to take sides, the business case for impartial journalism faces its toughest test yet. BBC's Jonathan Munro unpacks whether swimming against the tide still makes strategic sense.

5 hours ago

40 Under 40 2024: Rudy Khaw, AirAsia

Khaw’s journey from brand executive to CEO is a culmination of his visionary leadership, business acumen, and commitment to inclusivity—reshaping AirAsia as a leading global brand.

5 hours ago

Hakuhodo and DY Media Partners merge in Japan

The two entities will merge by April 2025, uniting creative and media operations to form a 4,601-strong advertising powerhouse. Here's what it means for the advertising landscape.