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Does Exide Life's One crore challenge strike the right chord with the audience? Get the expert opinion

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Sarmistha Neogy
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INR 1 crore Challenge

Exide Life Insurance released a digital campaign titled INR 1 crore Challenge highlight that your family is your responsibility, even when you are not around. The video has garnered more than 9.75 million views since its release.

INR 1 crore Challenge narrates the story of Sahil, who needs to spend 8 hours away from his family, without getting in touch with them in order to win the Rs 1 crore challenge. It is a social experiment, where cameras have been fitted in Sahil's home and on the other end of it, he was constantly monitoring his family's reaction.

Initially it was not that difficult, but as time passed, his family started feeling helpless on not being able to contact him.  Just when he needed 40 more minutes to complete the task, Sahil gave up the challenge and went to his family. The film through this experiment highlighted that your family always needs you, no matter where you are, so plan things accordingly.

Also Read: Bharti AXA’s Kauuve Ka Maltyag has a fresh take, but low recall: Experts

Social media response

The film has managed to garner good response on social media. Along with viewerships, there are positive comments and people have been able to relate to the video. The brand is also doing a good job of personally replying to all the messages on social media.

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Expert view

We spoke to Robby Mathew from Interface to understand his views on the campaign.

publive-imageRobby Mathew, CCO, FCB Interface says, "The idea around which the film revolves is nice and has also good recall value. However, even though the idea is strong, but execution wise, which involves acting, placements of camera and everything else, makes the whole thing look contrived and staged."

The film's duration is more than 6 minutes, on asking Mathew, if it will pose as an hindrance owing to the audience's short attention span, he adds, "I don't think that length is an issue. In fact, as long as the ad holds the viewer’s attention length is never an issue at all."

 

Previous campaign

In 2016, cricketer Mahendra Singh Dhoni was roped in as the brand ambassador has appeared in the campaign, 'Lamba saath, bharose Ki baat'. Using the hashtag #DhoniKaSaath, the brand managed to leverage on Dhoni's popularity of to promote their insurance plan, which boasts of long term relationship with their customers and stands for credibility.

Last year, the brand on the digital platform released their campaign #NoMoreExcuses,  by partnering with popular stand-up comedians Amit Tandon and Anshu Mor.

The tonality of the insurance ads in general have undergone a sea change in the last few years. Earlier this category had players using the fear of death as a message to strike conversation and to make their consumers opt for an insurance. Now there are experiments and storytelling mechanisms in use. From taking the emotional route, instilling confidence to using humour, insurance brands highlight the need to buy the right insurance for you and your family.

It is that time of the year, when people file their taxes and they need to declare their savings. So we are hopeful of seeing more interesting ads from the category.

campaign Digital digital campaigns Social Media Campaigns Video BFSI campaigns Exide Life insurance exide life insurance ads exide life insurance campaigns exide life insurance INR 1 crore Challenge FCB Ulka INR 1 crore Challenge INR 1 crore Challenge campaign interface Robby Mathew