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CASTOR expresses confidence for audit trend in 2007

  • United Arab Emirates: Wednesday, March 07 - 2007 at 11:06
  • PRESS RELEASE

At the end of 2006, more than 50 titles were either audited or in the initial reporting process.

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This, in itself, is one of last year's most significant achievements, since the audited universe more than doubled in about 12 months.

This is the result of the intense work that saw the establishment of methodology and reporting standards, as well as the certification of BPA Worldwide. CASTOR is the body set up by clients, represented by the GCC Advertisers' Association (GCCAA) and media agencies members of the Media Agencies' Council (MAC), under the auspices of the International Advertising Association (IAA).

Both BPA Worldwide and the International Advertising Association (IAA) are looking at the CASTOR experience as a template for the development of audits in other countries.

"It's still early days and we are still facing several challenges, most notably with Arabic titles," commented Marwan Rizk, the IAA's world vice-president and area director for Middle East and Africa. "But we are confident that there will be some exciting developments in this field, following the move by Akhbar Al Arab and Al Isbou'a to sign up for audits. We are in advanced stages in our conversations with several large publishers. We hope to be able to be more specific soon."

"It is worthwhile noticing that IAA worldwide is looking closely on the UAE Castor model as a successful precedent and have asked us to present it to the IAA International board, to be used in other countries of the world like some countries in South America and Eastern Europe," he added.

Media agencies represented in CASTOR are reporting high levels of support in the audit movement among their clients. Not only are clients asking their agencies to include audited titles in 2007 as first priority, agencies are also pushing non-audited titles to seek an audit, in order to maintain their level of support, as well as their own clients, explaining why audits are important to them.

"A quick survey among our 40 members, who collectively invest many millions of dollars in print, has revealed that non-audited titles are being downplayed while audited titles are now seeing an upgrade, receiving an average of 60 % of their print investments in 2007," revealed Sameer Desai, marketing manager at GlaxoSmithKline and GCCAA representative on the CASTOR committee. "This is very encouraging and we expect the trend to develop as time goes by from both existing members and new ones, following our active recruitment drive."

"All the pieces are now in place for the industry to emerge from the Dark Ages in terms of print advertising," commented Eric Mirabel, business development director at Omnicom Media Group and CASTOR member. "The tools are credible and available, clients and agencies are united and committed to seeing print advertising being much more accountable and the audited universe is now growing rapidly. Alternatives to print advertising are also gaining ground and popularity. Claiming to be a leader is one thing, acting as one is quite another so we urge publishers to demonstrate their professionalism by seeking this independent endorsement, whatever the initial results."
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Notes and media contacts

About the IAA
The International Advertising Association was founded in 1938.The IAA works for the freedom of companies to compete through responsible commercial speech, and it fights for consumer choice made possible by commercial speech which informs, inspires and empowers individuals to raise their sights and reach for the life they want.

The International Advertising Association is a one-of-a-kind strategic partnership which champions the common interests of all the disciplines across the full spectrum of marketing communications - from advertisers, advertising and media agencies to media companies and direct marketing firms - as well as individual practitioners.

About the GCC AA
The GCC AA's membership base represents more than 75% of ad spend throughout the GCC. Set up to provide regional advertisers with a united voice, the GCC AA is committed to raising the calibre and practice of advertising within the region to international standards. The GCC AA's effectiveness at leading industry change is a direct result of advertiser solidarity. The GCC AA is a non-profit group and is the 43rd member of the World Federation of Advertisers. Members include major advertisers from a variety of sectors including: real estate, airlines & tourism, automotive, banking & finance, fast foods, FMCG, pharmaceuticals and telecoms.

About the MAC
The Media Agencies Council is a body formed by the five leading media agencies in the GCC, namely Mediaedge:cia, MindShare, Omnicom Media Group (OMD and PHD), Starcom MediaVest Group and Universal Media. Its goal is to improve the market dynamics through the development of media research, including circulation audits, the definition of best practice and training.

Publishers, advertisers and agencies can contact:
Marwan Rizk
World Vice President and Area Director for Middle East and Africa
International Advertising Association
Tel: +971 4 3344404

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