thai life insurance commercial analysis

In Thailand, Thai Life Insurance is second in terms of market share and has been targeting the entire consumer spectrum, through innovative . The format of the TVC which is in the form of a mini-film works very effectively with the storyline, with the high-pitch emotional buildup occurring through a sequence of images that are cinematic in their look and presentation. Founded in 1942, we have a rich heritage as the first life insurer in Thailand owned and operated by Thai nationals. We have enthusiastically and successfully strengthened the Thai Life brand into one of the most acclaimed life insurer brands in Thailand. Principles of Marketing. We believe that we have strong product innovation capability and nimbleness as demonstrated by various market first products which we have consistently introduced. WHY IS IT NEEDED ? The concept behind our entire campaign is the value of life and love - two features that form the core of the life insurance business. The first headquarters of the company was on Suapa Road, Bangkok. Over 48,100 or 77% of our agents covered upcountry provinces as of June 30, 2022. With an agency force of more than 62,500 agents as of June 30, 2022, we are the only Thai-owned life insurance company to have successfully built an agency force to an established scale in Thailand. The Thai life insurance market: Effects of country of origin perceptions on consumer expectations December 2000 Journal of Financial Services Marketing 5(2):99-117 seen in the following URL: youtube/watch?v=K9vFWA1rnWc November 18, 2020, from Therefore, local understanding is integral to the company and its positioning, an aspect that is played out through this TV commercial and its predecessors the Thailand that is depicted here is urban but not citified. Thai Life Insurance Public Company Limited was incorporated in 1942 and is located in Din Daeng, Thailand. First and largest Thai-owned life insurer, with a widely recognized and trusted brand. We have also introduced the Friend Get Friend campaign to recruit new telesales representatives. Dylan Koolman "The TVC attempts to illustrate the product's benefit of helping every life to . Thai Life Insurance must have known this when they created their newest commercial because ads don't get any more story-like than this one. Analyze this advertisement 'Unsung Hero' (Official HD) Ad | Thai Life Insurance Company 2014 TV Commercial What product - Answered by a verified Writer . 2016-2017 Winner, 2017-2018 Winner, 2019-2020 Winner, 2020-2021 Winner, National Winner Telkomsel. We are the largest domestically founded Thai life insurance brand. Q2. Meiji Yasuda has provided extensive support for us to achieve long-term growth in various ways including support to TLI in expanding our market into Japanese organizations in Thailand (Japanese Worksite Marketing). representing more than 25% of total agents in Thailand (As of June, 2021 by The Thai Life Assurance Association), We partner with four commercial banks in Thailand, We have established partnerships with government banks, Bank for Agriculture and Agricultural Cooperatives, We partner with 9 leasing and hire purchase companies, We partner with 2 consumer finance companies. Muang Thai Life Insurance Co., Ltd. is a Thai life insurance company based in Bangkok. When that day arrives, the brand that they think understands what they're feeling will be in the final running" -Phwait Chitrakorn, Marketing Director "Unsung Hero" Show full text people look at the main characters actions, and they do not understand why he would do these This paper will present an analysis of the structure, Click here to review the details. 25,500 users on "Group Life Beside You" application. A neglected plant gets a little extra water, a woman gets a helping hand, and a needy child gets some money. The main character is just living his everyday life and while doing so he finds We believe we have one of the highest quality, adaptive and productive agency forces in the industry. Unsung Hero. How does your media product represent particular social groups? Promoting Thai Life Insurance, it emphasizes the heartwarming message that happiness and kindness are of far greater value than material goods. Thai Life Insurance General Information. View Full Essay . It was one of largest insurance companies in . Cite. This latest ad in a long line of similar heart-tugging ads fromThai Life Insurance reinforces, very successfully, the key proposition of the product category and the brand which is, Much more than life insurance, enhancing the value of life itself. In the East, super-sad. And it is this backdrop of ordinariness which lends heroism and greatness to the act of giving, elevating the message of Believe in Good almost to a level of divinity. By: Prasham Jain (C015) Ayushi Gupta (C013) Akshay Khatri (C019) Shreya Khare (C018) Praful Bhargava (C005) Apurve Paharia (C027) Group#6 Div B 2. WORDS 900. Most of that market is made up of the emerging middle class, that is urbanized and young. No dialogue at the beginning, just sound effects Focuses the audience's attention on the characters on the screen and intrigues the audience as to what the characters' significance Music is calm and peaceful, allows the audience to be engulfed into the advert and the ambience created . Founded in 1942, we have a rich heritage as the first life insurer in Thailand owned and operated by Thai nationals. An Analysis of the Effectiveness of the New Thai Life Advertisement, Unsung Hero PAGES 3. Meiji Yasuda also plays a role in our journey to digitalization by allowing us to leverage their experience in digital transformation. Apurva Chamaria is currently the Head of Partnership Solutions, Startups and Venture Capital at Google India. As of Jun . 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In Thailand, Thai Life Insurance is second in terms of market share and has been targeting the entire consumer spectrum, through innovative products. The art of emotional advertising is something that has long been embraced at Thai Life . Thai life insurance advertisement: "Unsung Hero" Nowadays, advertisements are often used as a way to sell products and convey an idea. The company's headquarters is at street no. YouTube/thailifechannel A heartwarming new ad from Thai Life Insurance has brought southeast Asia to tears and is now making its way to computer screens around the world. The life insurance sector in Thailand has enjoyed a fast growth trajectory, often clocking 9-10 % y-o-y growth. The life insurance sector in Thailand has enjoyed a fast growth trajectory, often clocking 9-10 % y-o-y growth. I was recently blown away by a 3-minute video titled "Unsung Hero" for a life insurance company in Thailand. It ensures that as long as premiums are paid on time, the insured person is covered for the rest of their life. The emotional appeal to this ad is shown because the However, if people understand Thai Life Insurance Commercial Analysis Essay more deeply, we will actually discover hyphae of scientists, artists, writers, hippies, Originality Sat Essay Rubric and free thinkers that are shaped to a certain extent by LSD. Selling the concept while engaging with the consumer emotionally, moving and elevating him to a plane that assures high brand recallthis TVC has notched up a stellar performance on the digital media, going viral since its launch on April 3, 2014, and garnering more than 2.5 million views in less than a week. It provides values for key performance indicators such as . Founded on 22 January 1942, we are the first life insurance company in Thailand owned and operated by Thai nationals. Last fall, a Thai Life ad, called "Silence of Love," depicted a teenage girl's relationship with father . This ad targets that emotional attitude that people have within. 250, Rachadaphisek Road, Huay Kwang. We believe that the life insurance market in Thailand remains underpenetrated and we are poised to capture the growing demands for insurance products. Thai Life Insurance YouTube Ad Analysis APIdays Paris 2019 - Innovation @ scale, APIs as Digital Factories' New Machi Mammalian Brain Chemistry Explains Everything. - It offers a detailed analysis of the key categories in the Thai life insurance segment, and market forecasts to 2022. Best Advertisement ever-Winner of Best Ad 2014. He sees an old woman struggling with her cart, a stray dog begging for food, and a homeless mother and child. The company's headquarters is at street no. Muang Thai Life Insurance Co., Ltd. is a Thai life insurance company based in Bangkok. The Unsung Hero ad from Thai Life Insurance, Books, Case-studies and Research Publications. For example, we have been providing life protection coverage for the officers of the Royal Thai Army for over 30 years. An airline is a company that provides air transport services for traveling passengers and freight.Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight.Generally, airline companies are recognized with an air operating certificate or license issued by a governmental . A whole life insurance plan is a form of permanent life insurance. Write a rhetorical analysis . Good marketing is supposed to make redundant and effective digital marketing is about integrating that sales conversion process into a cohesive consumer-brand interaction. However, in the latter part of the video, the main From television or radio, choose a 30 or 60 second advertisement (commercial) and watch it carefully (if you have a DVR, you might wish to record it for . It provides integrated products covering personal accident insurance and group insurance. We have built an expansive partnership network with commercial banks, government banks and organizations, leasing and hire purchase and consumer finance partners and alternative distribution channels, including telemarketing, group employee benefits and digital platforms. Meiji Yasuda is one of the major life insurance companies in Japan. This video can be University of the People Attitudes It is also the only prominent life insurer that is of purely Thai origins, in a market that has seen deregulation, buyouts, and mergers. We have more than 62,500 agents with approximately 24,500 of our agents are unit managers or above. and is designed to meet our customers needs at every stage of their lives. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Many of these promotions are in the form of ads. Thai Life Insurance Public Co. Ltd or simply Thai Life Insurance (Thai: ()) is the first Thai insurance company [citation needed]. ex pecting anything in return, and this is not expected in normal human behavior, at least not at For 6 months period as of Jun 30, 2022, approximately 66% of our total agency gross written premiums was generated by upcountry regions. We have enthusiastically and successfully strengthened the Thai Life brand into one of the most acclaimed life insurer brands in Thailand. actions not expecting anything in return. Thai Life Insurance Client : Thai Life Insurance Agency : Ogilvy & Mather-Bangkok Executive Creative Director : Korn Tepintarapiraksa Copywriter : Korn Tepintarapiraksa Copywriter :. Lets look at the market to understand how. This is why TV commercials are so powerful when convincing people. Thai Life Insurance has a diversified investment portfolio. Our product portfolio comprises a comprehensive suite of individual and group products, including a range of. 1. "An Analysis of the Effectiveness of the New Thai Life . Muang Thai Life Insurance is a Thai life insurance company based in Bangkok. Different types of organizations utilize promotions to accomplish specific objectives. The company was officially founded on 6 April 1951. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. This report provides in-depth market analysis, information and insights into the Thai life insurance segment. THAI LIFE INSURANCE : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Stock Exchange of Thailand: TLI | Stock Exchange of Thailand The first headquarters of the company was on Suapa Road, Bangkok. Financial Statement Quarter 2/2022 (Reviewed), Granting shareholders the right to propose questions, shareholders meeting's agenda items, and candidates for directorship in advance of the 2023 Annual General Meeting of Shareholders. The company has an estimated revenue in the range of Less than $1 million and employee of 1001-5000 respectively. The SlideShare family just got bigger. The Thai Life Insurance YouTube ad is definitely an ad that has an emotional appeal, and Thai Run "80 8.0 Miles Challenge" 4 "Be Compassionate" Virtual Run . Few would question that Thai Life Insurance is one of the most consistently brilliant television advertisers in Asia, with heart-wrenchingly emotive spots that invariably reduce the viewer - any viewer, from Thailand to Timbuktu - to tears. We are the largest domestically founded Thai life insurance brand. It is not rational because the main character just gives without You can find all the major Thai insurance companies in the list below. Chai Chaiyawan, President of Thai Life . return for his actions. We have a successful track record of sustained and profitable growth across business cycles. Activate your 30 day free trialto continue reading. main character helps people, animals, and plants in need. The company was founded in 1942 and is headquartered in Bangkok, Thailand. - It analyzes the various distribution channels for life insurance products in Thailand. Dylan Koolman "UNSUNG HERO" THAI LIFE INSURANCE ADVERT 2. 5.1.6 Thai Life Insurance (TLI) Analysis Out of 812 postings available on YouTube, the analysis and discussion below are based purely on the selected 200 postings on YouTube as data source for the analysis as I was not able to find other related postings to the ad available in the forums. Bridging the Gap Between Data Science & Engineer: Building High-Performance T How to Master Difficult Conversations at Work Leaders Guide, Be A Great Product Leader (Amplify, Oct 2019), Trillion Dollar Coach Book (Bill Campbell). https://www.youtube.com/channel/UCfyZriUtUHarCtaKi7duNiwORIGINAL VIDEO: https://www.youtube.com/watch?v=uaWA2GbcnJU&t=1s- - - - - - - - - - - - - . According to the BLS American Time Use survey, an average child watches 16,000 30-second TV commercials per year (Statistic Brain). tendencies people have about products, services, companies, ideas, issues, or institutions, References Activate your 30 day free trialto unlock unlimited reading. INSURANCE ADVERT. any opportunity to help people, animals, and even plants. While he gives a helping hand to a woman, gives up his bus seat . In the Thai Life Insurance YouTube ad, the main character is presented as a very helpful In such an environment, the viewer is often an active participant and whatever moves his psyche leaves a lasting impression, which in this case would be choosing to do good. One of the founders was Chulind Lamsam, Managing Director, along . We have built an expansive partnership network with commercial banks, government banks andorganizations, leasing and hire purchase and consumer finance partners and alternative distribution channels, including telemarketing, group employee benefits and digital platforms. Set to a soaring orchestral background, the "Silence of Love" commercial depicts a turbulent relationship between a mute father and his less-than-compliant teenage daughter. 250, Rachadaphisek Road, Huay Kwang.The company was officially founded on 6 April 1951. . See All Risk Checks Thai Life Insurance Competitors . Life Insurance commercial analysis Hey you guys!! How does your media product represent particular social groups? - It provides a comparison of the Thai life insurance segment with its regional counterparts - It analyzes the various distribution channels for life insurance products in Thailand. GlobalData's 'Thailand Life Insurance - Key Trends and Opportunities to 2025' report provides a detailed outlook by product category for the Thai life insurance segment. "The Unsung Hero" presents a young man doing the acts of kindness on a daily basis without hoping to get a reward in-return. Life Insurance offers a man the only way where he can make his will before he makes his money. In addition, compared to other insurance providers, we believe we have the most extensive branch and customer service center network in Thailand, with 22 branches and customer service centers in Bangkok and vicinity areas and 242 in upcountry areas as of Jun 30, 2022. The story plays a vital role as it makes it interesting for the viewers to know how the story is going to come to an end and connects with them emotionally. The company's headquarters is at street no. Organizational Buyer vs Individual Buyer. are mental positions or emotional feelings, favorable or unfavorable evaluations, and action Thai Life Insurance Analysis 1. it is far away from being rational. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Insurance in Thailand helps bring this commercial to the next level of understanding. Its marketing strategy - dubbed 'sadvertising' - has created some beautiful art, and helped the 75-year-old business grow its assets under management to $9bn. Internet Revolution Easy Essay. For your convenience we've collected a list of all the hospitals in Thailand, use it if you need to find hospitals in you region of stay.. Should you need a travel insurance for up to 180 days with very good benefits, such as 24-hour assistance service, trip cancellation, emergency overseas medical & dental expenses or . - It offers a detailed analysis of the key categories in the Thai life insurance segment, and market forecasts to 2023. TheUnsung Heroad from Thai Life Insurance is yet another instance of what effective digital marketing can achieve for a brand. In order for these ads to be effective, organizations must determine what type of appeal to use and how they will structure their message ("Principles of Marketing . Formal Essay Examples Pdf You almost say aloud oh, so this is about life insurance, and why not for its only in retrospect that you realize the selflessness that underlies buying a life insurance for your family. character is shown as getting happiness and satisfaction in return for his actions, meaning that the the level that is shown by the character. my.uopeople/pluginfile.php/1016812/mod_resource/content/4/Principles -of- You can learn more details in the, Board of Directors and Executive Directors, Code of Conduct for Investor Relations Officers (IROs). With a strong and vast agency network across the nation, we are able to gain nationwide coverage in every province in the country. organizations must determine what type of appeal to use and how they will structure their (2015). For the protagonist used in the ad can connect with such a target group, while his atypical behavior and the uplifting message of the mini-film nudges them out of their self-sufficient, insular cocoons to look, think and decide beyond the immediate. We have the most extensive branch and customer service center network in Thailand, with 22 branches and customer service centers in Bangkok and vicinity areas and 242 in upcountry areas as of June 30, 2022. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. By accepting, you agree to the updated privacy policy. Our operation can be traced its roots back more than 80 years. All distribution channels have witnessed a growth with a total profit of THB 5.8 billion. BUS5112 Marketing Management, Thai Life Insurance YouTube Ad Analysis 250, Rachadaphisek Road, Huay Kwang.The company was officially founded on 6 April 1951. Artists' Showcase, 2009 - Art on the Peninsula, Arts on the Peninsula/Aurora Silks of the Moon Studios. and shows that there are things that can't be bought, like love, which thus brings us back to the point of the commercial. TLI Application, super app mobile application. Looks like youve clipped this slide to already. Our agency force represented more than 25% of total agents in Thailand as of June 2021, according to TLAA. LIFE INSURANCE ? Marketing--compressed Ogilvy & Mather Bangkok, the creators of this ad, have been using the emotional plank for all its Thai Life Insurance campaigns and this particular ad continues with that approach. Thai Life Insurance's adverts have forged a new connection with the public and brought life insurance to the forefront of people's minds. Crucially, a deep understanding of the consumer and his or her interests must be reflected through the commercial. Thai Life Insurance Agency Online. We've encountered a problem, please try again. Thai Life Insurance - 2021-2022 World Branding Awards - Virtual Event. UNSUNG HERO THAI LIFE AS Media G321 - Evaluation of Main Task: 'The Three', The History of Psychological Thriller Movies 1920's-2010's, Irresistible content for immovable prospects, How To Build Amazing Products Through Customer Feedback. Using the emotional plank for a campaign that follows a digital-first communication strategy is actually smart marketing for the peculiarity of the digital/social media is that it's one-on-one and deeply personal. In the Unsung Hero ad the likely demographic being targeted is the young, single, urbane, self-absorbed adult, for whom life insurance has little significance. Thus the entire population of Thailand is free from the threat of being . love). Now customize the name of a clipboard to store your clips. Many of these promotions are in the form of ads. Retrieved You can read the details below. (2014, April 18). The whole life insurance covers you until the age of 99. Moreover, we are one of the first life insurance companies in Thailand that offer coverage to medical personnel during the COVID-19 pandemic. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . All right reserved, This website uses cookies for the purpose of improving the user experience. In addition to our presence in the Bangkok Metropolitan area, we believe that our extensive coverage in the upcountry provinces, led primarily by our agency force and branch network, is unrivalled. which is to provide life insurance (to protect those that you. message (Principles of Marketing, 2015). of policy submission powered by mobile app TL Pro Plus As of Jun 30, 2022, registered users of TLI application Super App As of Jun 30, 2022.

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thai life insurance commercial analysis