Edelweiss Tokio Life Insurance
Edelweiss Tokio Life Insurance
  • Customer Service
    Customer Service
    • Report A Claim
    • Renew Your Policy
    • Payment Receipt
    • Premium Paid Certificate
    • Fund Statement
    • Register for E-Nach
    • Claim Tracking
    • Register Complaint
    • Update FATCA/CRS
    • Update Contact Detail
    • Unclaimed Amount
    • Contact Us
    • NB Payment Link
    • SI - Credit Card
    • Application Tracker
  • Our Products
    Our Products
    • Capital Secure+ – A combination of market-linked and guaranteed returns

    • Edelweiss Tokio Life –Wealth Rise+ – A double-advantage ULIP

    • Edelweiss Tokio Life – Premier Guaranteed Income – A guaranteed income plan

    • Edelweiss Tokio Life – Wealth Secure+ – A new generation ULIP

    • Edelweiss Tokio Life – Zindagi Plus – A comprehensive term plan

    • All Products
  • Resume Application
    Resume Application
  • Blogs
    Blogs
  • Knowledge Center
    Knowledge Center
    • Life Insurance
    • Term Insurance
    • Unit Linked Insurance Plans
    • Guaranteed Income Plans
    • Retirement Insurance
    • Health Insurance Plans
    • Child Plans
    • Covid Insurance
    • NRI Insurance
    • Investment Plans
    • Endowment Plans
    • Group Insurance
    • Micro Insurance
    • Sabse Phele Life Insurance
    • Income Tax
  • About Us
    About Us
    • Why Choose Us
    • Public Disclosure
    • Awards & Recognition
    • Testimonials
    • Our Funds
    • Careers
  • Login
    Login
    • Customer Login
    • Partner Login
  • FOR CUSTOMER SERVICE
    Mon-Sat (10 AM TO 7 PM)
    1800 2121 212
    FOR PRODUCT QUERIES
    (Give a missed call on)
    022 6611 6040
    • Customer Login
    • Partner Login
Icon
Icon

Thank You!!

Icon

Error Message!

Error

Icon

Error Message!

Error

In the News

PR’s perception problem: Abhishek Gupta, CMO, Edelweiss Tokio Life Insurance

17 Nov 2021

 

https://www.prmoment.in/opinion/prs-perception-problem-abhishek-gupta-cmo-edelweiss-tokio-life-insurance 

 

Aaron Sorkin’s Steve Jobs is a cinematic journey of a PR genius. It is blatant yet masked under the shroud of what we have traditionally come to recognize as ‘Marketing.’ The movie starts and ends with the infamous Apple events and is peppered with scenes of journalists lurking around Steve to get a scoop on his latest innovations. Steve’s trusted marketing and PR lieutenant Joanna Hoffman forms the centerpiece of the film and keeps his vision going with an undaunted trust. 

 

My personal takeaway, like most of you was – Steve Jobs and Apple are a class apart and certainly an exception to the rule! Apple signifies a rare leadership which understands that PR and marketing play an integral part in a company’s success. The norm is the exact opposite – most brands and their leaders do not fully appreciate the importance of PR and it is indicative from the fact that PR practitioners continue to struggle to secure a seat at the management table,

 

For C-suite leaders, who typically rise up from business-led functions like operations, distribution or finance, PR is often an afterthought. Business urgencies often take precedence and PR is deprioritized fairly regularly. This behaviour largely stems from the fact that leaders believe PR can be delegated to the communications team and doesn’t need their active participation. And that pretty much sums up PR’s perception problem!

 

Leaders and PR

India Inc’s prevailing PR challenge is the fact that corporate communication teams drive the narrative and are custodians of media relationships for their brands and not the leaders themselves. The result? PR becomes a tool for garnering intermittent brand visibility and not creating meaningful relation with media or building the company’s reputation.

 

What leaders must recognize is that PR is not like any other marketing tool. It hinges on the opinions and expertise of the brand’s leaders to disseminate meaningful information and prove themselves valuable for the media. 

 

Especially in the age of social media, journalists themselves have become influencers. People seek their views and recommendations when it comes to financial purchases. It is, therefore, extremely critical to spend time on nurturing an insight-based relation with your media counterparts. Without it, no brand can expect to effectively communicate any stakeholder - the consumer, the shareholders, the regulator, or the bureaucrats.

 

The numbers game

Perhaps the biggest disservice that the PR community has done to itself is letting the quantitative impact of PR supersede the qualitative. To speak a language understood by the number-focused business leaders, PR representatives have emphasized on activities instead of outcomes for some time now.

 

The advertising value equivalent, the column inches in the leading newspaper, likes on a Facebook post, share of voice, have come to determine how credible your PR efforts are. In the meanwhile, the conversation regarding what perception you are creating for the customers, and how it is contributing to the overall brands efforts has been lost.

 

This has created a vicious circle of its own design with leaders believing PR is best done by the communications team and not overseen by the CEO.

 

PR vs Marketing

PR and marketing veterans have been vocal about the differences between the two functions – marketing is promotion and PR is building brand reputation. I don’t dispute that! 

 

But I don’t entirely agree that PR and Marketing should be treated as separate functions. I have seen firsthand that treating PR as a part of the marketing mix reaps tremendous benefits for the brand.When you treat it as a separate function, you lose out on a holistic approach to brand building and willfully move away from projecting a synergistic narrative to your external and internal stakeholders. PR helps achieve the most important element of any brand – its aura!

 

It is especially important for retail companies like life insurance, MFs, to treat PR as a marketing lever because promotion alone cannot sustain your business. PR can help create a meaningful context for your products and explain how those solutions positively impact the customer.

 

PR is fake news?

The media portrayal of PR officers has always been that of an anti-hero. Be it Scandal’s ludicrous Olivia Pope, or the profane Malcom Tucker from ‘Thick of It’, PR officers are usually portrayed as burying the truth and a front to corporate’s greedy interests.

 

While it is tempting to demonize PR, it plays a productive role in maintaining a company’s reputation in the digital age. While social media has given a voice to voiceless, it has also created the problem of fake news which often leads to reputational risks to brands. During these incidences, PR officers help separate fact from fiction.

 

PR is a marathon and not a sprint. Unless leaders are invested in it for the long haul and personally committed to building brand’s aura over reaping short-lived dividends, no brand will achieve its full marketing potential.

Abhishek Gupta, is CMO, Edelweiss Tokio Life Insurance.

0

    Top Press Release

    #news

    Yielding independence in marketing

    23 Mar 2023

    9
    #news

    The pyramid of financial planning

    20 Mar 2023

    8
    #news

    20-day campaign ends with a marathon

    23 Feb 2023

    9
    #news

    Zindagi Express begins a 5,500-Km journey to raise Organ Donation awareness in India

    07 Feb 2023

    12
    #news

    Edelweiss Tokio Life rolls out campaign for organ donation

    05 Feb 2023

    12
    #news

    Zindagi Express reaches Bhopal to create awareness about organ donation

    24 Jan 2023

    6
    #news

    Edelweiss Tokio Life launches Premier Guaranteed STAR, a simplified income solution

    24 Jan 2023

    16
    #news

    Today’s Latest Business News, Finance and Share Market News at 5:30 pm on 24th January 2023

    24 Jan 2023

    3
    #news

    Edelweiss Tokio Life Premier Guaranteed STAR Plan: Features, Benefits and How it works

    24 Jan 2023

    10
    #news

    Bridging the organ donation divide

    23 Jan 2023

    13
    • About Edelweiss Tokio
    • All Plans
    • Customer Service
    • Legal
    • Support
    • About Edelweiss Tokio

      • About Us
      • Board of Directors, Committees and Resignations
      • Key Management Persons
      • Edelweiss Tokio Life CSR Policy
      • Terms and conditions of appointment of the Independent Directors
      • Testimonials
      • Customer Advisory
      • Our funds
      • Become An Advisor
      • The Buzz
      • Notice & Scrutiniser Reports
      • Careers
      • Sitemap
      • Whistle Blower Policy
      • Remuneration Policy
      • Annual Return
      • Awards & Recognition
      • Branch List
    • All Plans

      • Term Insurance Plan
      • Term Insurance Plans - Hindi
      • Unit Linked Insurance Plans
      • Guaranteed Income Plan
      • Investment Plans
      • Child Insurance Plans
      • Retirement Insurance Plans
      • Retirement Insurance Plans - Hindi
      • Group Insurance Plans
      • Endowment Plans
      • Micro Insurance Plans
      • Sabse Pehle Life Insurance
      • Life Insurance Plan
      • NRI Insurance Plan
      • COVID-19 Insurance Plan
      • Health Insurance Plan
    • Customer Service

      • Service Parameters & TAT
      • Renew Online
      • Riders
      • E-Statements
      • NAVs
      • Grievance Redressal
      • Products and Riders
      • Unclaimed Amount
      • Payment options
      • Account Value Declaration
      • Fund history
      • Application Tracker
      • NB Payment Link
    • Legal

      • Terms & Conditions
      • Privacy Policy
      • Chat Policy
      • Fund Benchmark
      • Email Disclaimer
      • Institutional Disclaimer
      • Insurance Disclaimer
    • Group Companies

      • Edelweiss Financial Services Limited
      • Tokio Marine Holdings Inc.
    • Support

      • File A Complaint
      • Live Chat
      • Call Back
      • FAQ
      • Pre-sales process
      • Contact Us
    • Important Links

      • IRDAI
      • Life Insurance Council
      • Insurance Ombudsman
      • Anti Fraud Policy
      • Public Disclosure
      • Premium Calculator
      • Do Not Call Registry
      • Corporate Agents
      • Discontinued Products & Riders
      • Bonus Rates
      • Public Disclosure-Agent List
      • Goods and Services Tax
      • Consumer Education
      • Pre-Sales Process
      • Downloads
      • Terminated agents
      • IRDAI on Spurious Call
      • Electronic Insurance Account
      • Edelweiss Tokio CSR Policy
      • T&C of Appointment of ID
      • Proposal Forms
      • Notice on cash collection
      • Compounding Calculator
      • Retirement Calculator
      • Income Tax
      • UW Philosophy for PLHA
      • UW Philosophy for Disability / Mental Illness
      • UW Philosophy for Transgender Persons
      • Organ Donation
      • Simplified Claim Process
    Registered & Corporate Office: 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai – 400070
    T: 1800-212-1212 F: (022) 6117 7833care@edelweisstokio.in https://www.edelweisstokio.in

    Edelweiss Tokio Life Insurance Company Limited. All Rights Reserved. Registered with Insurance Regulatory & Development Authority of India (IRDAI) as Life Insurance Company. IRDAI Regn. No.: 147. CIN: U66010MH2009PLC197336. Tax benefits are as per the Income Tax Act, 1961, and are subject to amendments made thereto from time to time. For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding a sale. Flower & Edelweiss (as displayed above) are trademarks of Edelweiss Financial Services Limited; "Tokio" is Trademark of Tokio Marine Holdings Inc. and used by Edelweiss Tokio Life Insurance Co. Ltd. under license. Edelweiss Tokio Life Insurance Company Limited. Registered & Corporate Office: 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai – 400070.  Toll Free No.: 1800 212 1212 | Fax No.: +91 22 6117 7833 | www.edelweisstokio.in This is a Private website owned by the Company. Unauthorized scanning of vulnerabilities and exploitation of the same is strictly prohibited. If you have been found to do so, Company may bring Civil and/or Criminal action and/or legal proceedings against you which shall be entirely at your costs and consequences.

    BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/ FRAUDULENT OFFERS

    IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

    Copyright © 2019 Edelweiss Tokio Life Insurance Company Limited. All rights reserved.
    • Term of Service
    • Privacy Policy
    • Term of Service
    • Privacy Policy