These companies were the top advertisers of IPL 2023

New Delhi: Pan masala companies had a share of more than double of what they did in 2022’s BCCI-backed Indian Premier League advertising. Tobacco products makers accounted for a sizable 16% of the ad volume business in the 71 matches of the tournament as compared to last year’s 7%, said a new report.The report by TAM Sports, a part of TAM Media Research, said that during this season’s Indian Premier League (IPL) that took into account all the live matches, looked at the percentage share based on ad volumes.E-commerce gaming companies, which had about 14% in last year’s IPL, saw a decrease of 1% this year. Biscuits, aerated soft drinks and mobile phone service companies together accounted for about 24% of all advertisement categories. Kamla Pasand-owner KP Pan Foods and Dream 11’s Sporta Technologies together held a 37% share in the top advertisers this year. KP Pan Foods and Vimla Pasand owner Vishnu Packaging were the only advertisers to have a top 10 place in advertisers throughout the 71 matches during the season.A total of 96 brands advertised, on both regional and hindi plus english sports channels during the live telecast of the match and the only brand that advertised across the mediums was Dream11.

According to an earlier report the company had put out, it said that compared to the previous season, the number of film and sports celebrities saw a decrease of 21% and 12%, respectively. However, it also highlighted a 36% growth in ad volume for celebrity endorsements during the current IPL season. 

Catch all the Sports News and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.

More
Less

Updated: 31 May 2023, 01:00 PM IST

For all the latest Sports News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.