Brands may go slow on non-IPL ad spend as Covid-19 restrictions threaten supply chain and consumer sentiment
The countryâs leading advertisers are on the wait-and-watch mode as state-wise curfews may hit the overall consumer sentiment. Some brands are worried that the restrictions may even impact their supply chain Mumbai, April 16, 2021
As more and more states put in place lockdown-like restrictions to curb the spread of the Covid-19 pandemicâs second wave, brands are going back to the drawing board to revisit their media spend strategy for the ongoing quarter.Â
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As consumer demand was getting back on track in February and March, several brands had prepared ambitious media plans to make the most of the increasing consumption. However, with the rise in Covid-19 cases and the implementation of lockdown-like restrictions by the governments, the overall demand is likely to be dampened.Â
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