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A campaign without KPIs is like a journey without a map: Valay Lakdawala, NeoNiche

by MN4U Bureau
August 1, 2024
in Exclusive
Reading Time: 3 mins read
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A campaign without KPIs is like a journey without a map: Valay Lakdawala, NeoNiche
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NeoNiche is a digital-first experiential company that redefines the rules of engagement in the digital age, creating seamless fusions of physical and digital realms. Its services encompass event management, brand activation, integrated marketing, creative services, digital marketing, technical solutions, and
production management.

NeoNiche said that it has achieved a turnover of 114 Crores with desired profitability, have acquired 25 Crores in business acquisitions, including client
relations worth 60 Crores. In the South, NeoNiche has secured 15 Crores in revenue, and in the North, it has acquired 14 Crores. NeoNiche upgraded 9 Platinum clients, and in the South, 3 of them include Herbalife, Xiaomi, and Tesco, while in BA, 4 more have joined: Checkpoint, Lenovo, KAS, and Mongo DB. Additionally, NeoNiche has acquired Gold clients, with 3 in the South (DEShaw, Infosys, Nova-Nordisk), and 4 more in BA. NeoNiche has expanded with 6 new clients from existing IT and 12 clients from the Auto, BFSI, Consumer Durables/Electronics, and Pharma sectors (3 from each vertical).

NeoNiche aims to continue its global expansion and offer full-service marketing solutions. NeoNiche has established an international branch in Singapore, which is a testament to its commitment to global outreach. NeoNiche vision for 2025 is to leverage emerging technologies to create even more immersive experiences, aligning with the evolving trends of personalisation and interactivity in marketing.

Medianews4u.com caught up with Valay Lakdawala who is co-founder, director NeoNiche Integrated Solutions

Q. Could you shed light on Neoniche’s philosophy of ‘Ideas Innovation Insight’?

At NeoNiche, our guiding philosophy centers around three core principles: Ideas, Innovation, and Insight. These principles form the foundation of our approach tomarketing and drive everything we do. 

  1.       Ideas: We prioritise fresh and creative ideas, ensuring that our strategies are unique and engaging.
  2.       Innovation: Embracing the latest technologies and trends, we foster an innovationmindset to stay ahead in the dynamic marketing landscape.
  3.       Insight: By measuring everything, we gain valuable insights through data and analytics, informing and refining our strategies for optimal results.

This philosophy ensures that our marketing solutions are creative, cutting-edge, and data-driven, leading to successful outcomes for our clients.

What trends are we seeing in experiential and digital marketing? How isNeoniche leveraging them? 

Trends in Experiential and Digital Marketing

1. AI Experimentation Grows:

  • AI is transforming brand interactions by creating dynamic,personalised experiences. Predictive analytics and machine learning refine strategies, while chatbots provide instant engagement and support, enhancing the overall experience.
  • The rise of generative AI tools like ChatGPT allows event plannersand marketers to automate tasks and focus on creativity and strategy. In2024, we’ll see more sophisticated AI applications in event and campaign content development.

2. Reimagining Engagement:

  • With an overload of content, marketers must find new ways to engage audiences. Attendees expect immersive experiences. There will be a focus on compelling content, wellness spaces, networking opportunities, and always on campaigns to maintain engagement year-round.

3. Multi-Sensory Engagements:

  • Brands are enhancing experiences by engaging multiple senses. Incorporating smell, touch, sound, and taste creates memorable and immersive moments, deepening connections and making experiences unforgettable.

4. Social Media Integrated Experiences:

  • Integrating social media with experiential marketing encourages attendees to share their experiences online, extending the event’s reach. This relationship leverages user-generated content to build community and amplify campaigns.

5. Mass Adoption of Generative AI:

  • Generative AI will see broader adoption in 2024, enhancing customer journeys. Brands will use AI for real-time personalisation, while ensuringthe human element remains central to foster genuine connections

6. Sustainable Brand Activations:

  • Sustainability is becoming a strategic imperative. Brands are integrating eco-friendly practices, using recycled materials, reducing carbon footprints, and raising awareness about sustainability through educational components.
  • These trends highlight how NeoNiche leverages innovative technologies and strategies to create impactful, engaging, and sustainable marketing experiences.

At NeoNiche, we are at the forefront of leveraging current marketing trends to deliver exceptional experiences. For example, we utilize AI tools like ChatGPT to automate content creation, allowing us to focus more on strategic and creative aspects. A recent hybrid event we hosted seamlessly combined virtual and in-person elements, maximising audience engagement and reach. Our multi-sensory campaigns, such as one where we integrated tactile

Tags: KPINeoNicheValay Lakdawala

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