Mumbai, 5th March, 2019 – Mumbai-based startup Litcabs is a first-of-its-kind mobile
OOH service provider offering advertising solutions for brands on iconic Kaali-peeli taxis in Mumbai. They provide intelligent, unique and
effective OOH advertising solutions by mounting back-lit panels atop
taxi carriers while supplementing the income of taxi drivers. Over 8,000 kaali-peeli taxis in the city will be outfitted with taxi top advertising displays with the first 350 hitting the streets of Mumbai in the first week of March.
Litcabs has been founded by a team of four passionate
entrepreneurs. Jyotiba Patil, the founding partner along with Arjun Meghe, Siddhartha Shekhar and Aditya Thorat. The four partners started Litcabs with an objective to bring on unconventional
options to make new-age communication innovative and mobile to target masses on the go. Mumbai’s
black-yellow cabs are an iconic, essential part of the transport system and a big part of city life.
Advertising on cabs in Mumbai will allow brands to reach their target group within the city; markets, at malls, cinemas, railway
stations, airports, etc. essentially capturing an entire city audience.
Litcabs keeps a track of the total kilometers run by the taxis on a
daily basis, route taken by taxis, as well as the hours the advertisement was
lit up, through their GPS system. Each taxi makes an average of 5,00,000 impressions per day according
to MRSS, a market research firm. This database is combined regularly and shared with the client as an ad effectiveness
report. This is an added advantage that other OOH advertising solution providers typically cannot provide.
Majority of their fleet consists of shared cabs. These cabs follow a definite route through
the day that starts from an office complex
/ market place and ends up at a railway station. They spend most of their day in a
specific area
ensuring repeated
exposer and hyperlocal advertising which helps in the brand recall value.
Commenting on the launch, Jyotiba Patil, Founding
partner, Litcabs said, “We are happy to announce the launch of our
new service for advertisers in Mumbai. Our goal is to provide OOH advertising solutions that
are mobile, cost effective and impactful compared with that of billboards, bus stands and other
transit media. Kaali
peeli is the popular medium of transport. With the
ability to schedule advertising by location, coupled with superior reporting tools, we are looking to provide advertisers with a
highly targeted, flexible and reliable medium to manage campaigns for
their clients.”
The team has been investing continually in R&D to enhance the aesthetic appeal of their design & production and also towards studies to understand consumer behaviour further. They also want
to begin engagement with OOH fixed screens. Based on the response generated, they aim to expand to other cities over the next few years.
ABOUT LITCABS
Litcabs was conceived by Jyotiba Patil in January 2018. The first
LitCab was on the street on 15th January 2019. Litcabs aims to have over 1000
cabs on the streets by the end of the year.
Lit Cabs is in the business of providing
advertising solutions for taxis in Mumbai. Back-lit panels atop taxi carriers
provide companies with a unique and effective OOH advertising solution while
supplementing the income of taxi drivers. Lit cabs puts your brand and
advertising right in front of prospective customers – our bold, backlit design
will reach the widest cross-section of the public who will recognise and
remember the advertising, giving you the edge in today’s highly competitive
consumer marketplace. Mumbai’s black-yellow cabs are an iconic and essential
part of the transport system and part of city life. Advertising on cabs in
Mumbai will allow advertisers to reach out to their target group within a city;
markets, malls, cinemas, railway stations, airports, etc, reaching a
concentrated and varied audience including but not limited to shoppers,
residents, tourists, visitors, professionals from diverse fields and age groups
essentially capturing an entire city audience.
No comments:
Post a Comment