Authors: Sadhu Ramakrishna,
Research Associate,
ICMR (IBS Center for Management Research).
The Event Contd...The entry figures of the Festival have been increasing year by year, thus, surpassing the previous year's figures. The year 2005 is no different. There has been an increase of 18% in the entries compared to last year. This time there are around 22,101 entries altogether, which will be competing for the Lions across the above mentioned eight categories. There were only 18,705 entries in 2004. Globally, the advertising industry is on the rise, with Internet advertising creating the entire buzz around. Companies are becoming more inclined towards Online Advertising as there is a possibility of reaching millions of customers across the world at a single time. This year there is an increase of 21.5% in the entries in the Cyber Lions category. Though, the category which has recorded the maximum increase in entries this year is Lions Direct. Also adding to this, there are 1,614 entries in this category as against 1,204 in the previous year. Table 1 gives a clear picture of the variation in entries across the various categories from the year 2004 to 2005. |
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Table1: Entries Across Various Categories
Entry Figures |
2004 |
2005 |
% Variation |
Lions Direct |
1204 |
1614 |
33.5 |
Media Lions |
875 |
1076 |
23 |
Cyber Lions |
1561 |
1897 |
21.5 |
Outdoor |
4017 |
4667 |
16 |
Press |
5962 |
6699 |
12 |
Radio Lions |
n/a |
1020 |
New entry section |
Film |
5082 |
4995 |
-2 |
Titanium |
n/a |
133 |
New entry section |
Total |
18705 |
22101 |
18 |
Source: www.canneslions.com
As a matter of fact, the most number of award winning ads come from countries like-the US, European countries (mainly the UK), and Brazil. Not surprisingly, ads from the US and the UK are the ones which compete head to head for the final honor. This truly reflects their superiority in this category. In 2004, the UK topped the winners' list grabbing altogether 64 lions, of which 19 were Gold. US and Brazil stood at the second and third positions with US grabbing 59 Lions (14 Gold) and Brazil 39 Lions (nine gold). TBWA (Paris) was presented with "Agency of the Year" award for the second time after winning the same award in 2003. "Advertiser of the Year" one of the most coveted awards at Cannes was won by BMW. It was observed that Cannes has gained a reputation as the learning ground for many a company. The fact that drew hundreds of the world's most popular companies like Coca-Cola and McDonald's was P&G's participation in the event in the year 2003.