The CEO of upGrad sheds light on the precise timing of the edtech brand's campaigns coinciding with appraisal time, moving to the next phase with vertical based marketing, and more, in this exclusive interview with Storyboard18
After having spent the past year and a half building awareness about the brand, upGrad is now entering a new phase of marketing and focusing on verticals.
Arjun Mohan, CEO, upGrad, tells Storyboard18 that rather than trying to communicate everything to everyone, they will now have a sharper way of segmenting and targeting their audience. “For each audience we are targeting, we'll have a sub brand that we will use to talk to them,” he says.
Some of its latest campaigns like Khud Ke Liye, upGrad Abroad starring Amitabh Bachchan, and the recently launched campaign on Doctorate of Business Administration, are steps taken in the direction of vertical-based management.
Mohan tells us they are looking at coming up with at least two to three campaigns every quarter, and the rise in marketing spends is planned accordingly. 2022 for the edtech startup saw a 130 percent increase in marketing spends compared to the previous year, and the scenario is similar in FY23, Mohan says.