Finshots Daily cover image

Finshots Daily

Can brands survive a surrogate advertising ban?

Aug 7, 2024
08:04
Snipd AI
Explore the intriguing world of surrogate advertising and how brands navigate tricky legal waters in India. The discussion reveals the creative strategies brands use to sidestep restrictions on promoting tobacco and alcohol. With looming bans, can these brands thrive without their clever workarounds? Tune in to discover the historical context and the potential future of marketing in a changing landscape.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • Surrogate advertising allows brands to circumvent restrictions on sin goods by promoting legal products creatively, but this raises regulatory challenges.
  • Brands are diversifying into unrelated sectors to maintain visibility and revenue, demonstrating adaptability in response to tightening advertising regulations.

Deep dives

Surrogate Advertising: A Creative Tactic

Surrogate advertising has emerged as a clever workaround for brands restricted by prohibitions on direct advertising of sin goods like tobacco and alcohol. In India, companies have been promoting legal products under established brand names to circumvent advertising bans, a strategy that initially originated in Britain due to social pressures. Brands like Pan Masala often exploit the loophole of promoting non-existent products, while others bundle their legal items with tobacco products to boost sales. Regulations permit these practices as long as brands can demonstrate substantial sales for their extensions, yet many companies find ways to manipulate figures, showing the challenges faced by authorities in enforcing these advertising laws.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode