Professional Documents
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Marketing is undergoing a period of intense change, and there are several inflection points on
the horizon which will have a transformational effect, so that by the middle of the next
decade every facet of marketing will have been changed radically by the digital revolution To
date, the emergence of digital technology has caused great debate, and in some sectors has
led to revolutionary change. While small advertising such as classifiers and personals has
moved online in a wholesale way, brand advertising has been affected in a more marginal
way to attract customers.
Digital marketing is undoubtedly the major sector that is showing growth in an industry
which has struggled with the recession and resulting financial problems. Traditional roadside
billboards, print advertisements and direct mail have all suffered, but digital alternatives are
starting to become more prevalent, such as digital billboards and transport advertisements,
and advertisements in digital editions of print media, such as mobile applications for
traditional
publications.
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Introduction
Online advertising, also called Internet advertising, uses the Internet to deliverpromotional
marketing messages to consumers. It includes email marketing, search engine marketing,
social media marketing, many types of display advertising (including web banner
advertising), and mobile advertising. Like other advertising media, online advertising
frequently involves both a publisher, who integrates advertisements into its online content,
and an advertiser, who provides the advertisements to be displayed on the publisher's content.
Other potential participants include advertising agencies that help generate and place the ad
copy, an ad server who technologically delivers the ad and tracks statistics, and advertising
affiliates who do independent promotional work for the advertiser.
Online advertising is a large business and is growing rapidly. In 2011, Internet advertising
revenues in the United States surpassed those of cable television and nearly exceeded those
of broadcast television. In 2012, Internet advertising revenues in the United States totaled
$36.57 billion, a 15.2% increase over the $31.74 billion in revenues in 2011. Online
advertising is widely used across virtually all industry sectors.
Despite its popularity, many common online advertising practices are controversial and
increasingly subject to regulation. Furthermore, online ad revenues may not adequately
replace other publishers' revenue streams. Declining ad revenue has led some publishers to
hide their content behind pay walls.
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77% of people interact with brands on Facebook by looking at posts and updates
17% share news and experiences with others about the brand
13% post updates about brands they have connected with
56% said they would recommend a brand after becoming a fan on Facebook
34% of digital marketers have generated leads from Twitter
43% of all consumers who are internet-connected use social media
A business should always pay attention to where its customers are, and those who have
customers on the net with a strong online presence are more likely to succeed. This is even
true of local businesses, as with mobile has come with location services, making it easy for
mobile users to find a company who uses maps on social media and its website.
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can also
changemanagement team by responding to the different tweets and Engaging in the change
management implementation. Of course, security and data privacy issues can be a concern.
One approach is to have the project team create their own project team profile and only have
project team members follow the specific Twitter name. "Following" is a Twitter term that
indicates who is receiving your tweets. Just like any communication, project teams should be
careful what they tweet as it is immediately distributed to everyone on the project team.
Before considering adding a social media campaign to your enterprise project, the team
should consider the resources required to make it successful. In a traditional change
management initiative, a project team member is responsible for leading change
management. On large-scale programs, change management is a work stream tracked within
the program and is staffed accordingly. If project teams are investing in a team to create
newsletters, posters and facilitate change management lunch and learns, then they should also
consider adding social media to their tool kit. I look forward to hearing how you've been able
to tweet, blog and podcast your projects to future success!
As social networks and their potential value to business are becoming apparent, marketing
professionals should have a solid knowledge of social media and more importantly social
media marketing. Simply having a grasp on how to post on Facebook, Twitter, YouTube or
another platform is not sufficient. Marketing professionals need to understand how to
integrate social into marketing strategies.
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The term Social Media should not be confused with Social Media Marketing, there is a
distinction to be made between the two. Social media is an evolving and changing assortment
of platforms and tools that enable businesses and consumers to share dialogue, information,
and interact on a one-to-one basis or on a one-to-many basis. Understanding how to combine
the traditional principles of marketing with the use of a tool (such as Twitter, Google+, or a
company blog) to meet an organizations objectives and goals is social media marketing.
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In 2002, Friendster was launched, pioneering the online connection of real-world friends. Its
user-base grows to 3 million users in the first three months, about 1 in every 126 internet
users at the time.
In 2003 MYSPACE was launched, first conceived as a Friendster clone. Created by an
internet marketing firm, the first version was hastily coded in 10 days.
In 2004, Facebook was launched, originally as a way of connecting U.S college students.
First launched at HARWARD COLLEGE., more than half of the 19500 students signed up
within the first month.
In 2006, Twitter was launched and the most popular ORKUT social networking site was
launched.
In 2008 FACEBOOK overtook MYSPACE as the leading social networking site, in monthly
unique visitors. Both the sites are vastly more popular than the original Friendster.
Now social networking sites are ruling over people and Social networking site are making its
users go crazy and addicted.
Facebook:
Facebook is a social networking service launched in February 2004, owned and operated by
Facebook, Inc. As of September 2012, Facebook has over one billion active users, more than
half of whom use Facebook on a mobile device. Users must register before using the site,
after which they may create a personal profile, add other users as friends, and exchange
messages, including automatic notifications when they update their profile. Additionally,
users may join common-interest user groups, organized by workplace, school or college, or
other characteristics, and categorize their friends into lists such as "People from Work" or
"Close Friends".
Facebook was founded by Mark Zuckerberg with his college roommates and fellow Harvard
University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris
Hughes. The website's membership was initially limited by the founders to Harvard students,
but was expanded to other colleges in the Boston area, the Ivy League, and Stanford
University. It gradually added support for students at various other universities
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beforeopening to high school students, and eventually to anyone aged 13 and over. Facebook
now allows any users who have to be at least 13 years old to become registered users of the
site.
A January 2009 Compete.com study ranked Facebook as the most used social networking
service by worldwide monthly active users. Entertainment Weekly included the site on its
end-of-the-decade "best-of" list, saying, "How on earth did we stalk our exes, remember our
co-workers' birthdays, bug our friends, and play a rousing game of Scrupulous Facebook?"
Twitter:
Twitter is an online social networking service and microblogging service that enables its
users to send and read text-based messages of up to 140 characters, known as "tweets".
Twitter was created in March 2006 by Jack Dorsey and by July, the social networking site
was launched. The service rapidly gained worldwide popularity, with over 500 million
registered users as of 2012, generating over 340 million tweets daily and handling over 1.6
billion search queries per day. Since its launch, Twitter has become one of the ten most
visited websites on the Internet, and has been described as "the SMS of the Internet."
Unregistered users can read tweets, while registered users can post tweets through the
website interface, SMS, or a range of apps for mobile devices.
Twitter Inc. is based in San Francisco, with additional servers and offices in New York City,
Boston, and San Antonio.
LinkedIn:
LinkedIn Corporation is a social networking website for people in professional occupations.
Founded in December 2002 and launched on May 5, 2003, it is mainly used for professional
networking. As of January 2013, LinkedIn reports more than 200 million acquired users in
more than 200 countries and territories.
The site is available in English, French, German, Italian, Portuguese, Spanish, Dutch,
Swedish, Romanian, Russian, Turkish, Japanese, Czech, Polish, Korean, Indonesian, and
Malay. Quant cast reports LinkedIn has 21.4 million monthly unique U.S. visitors and 47.6
million globally. In June 2011, LinkedIn had 33.9 million unique visitors, up 63 percent from
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a year earlier and surpassing Myspace. LinkedIn filed for an initial public offering in January
2011 and traded its first shares on May 19, 2011, under the NYSE symbol "LNKD".
Growth of Social Media:
Social media is continuing to grow and cement its place at the center of daily life for many.
Total time spent on social media in the U.S. across all devices grew 37% to 121 billion
minutes in July 2012, compared to 88 billion in July 2011. But what and how they access
social media is shifting.
Growth in mobile used helped fuel the growth. While the computer remains the top device
for social media access, consumers time spent with social media on mobile jumped 63%
percent in 2012, compared to the same period last year. Overall, consumers continue to spend
more time on social networks than any other category of web sites - 20% via PC and 30% of
total time online via mobile.
Trends of social media:
Social networking is one of the fastest growing activities among mobile users and has
become a significant driver of Internet usage on mobile device.
Gaining a voice in the conversation taking place across mobile social network will be
challenging for marketers.
Most marketers are thinking through key issues, such as internal ownership and scalability of
mobile social programs.
Budgeting and definitions of ROI likewise continue to evolve.
The biggest near term opportunities will come from location aware application.
Search will get more social: real-time content in result, information from social network
friends to result, using collective information from other Web users.
Importance and Future prospects:
Social media has witnessed a sea change in itself in the recent years from Blogs and Forums
to Facebook, Twitter and YouTube etc. The increasing craze of the social media networking
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among the people can be used as a mode of reaching of more and more customers online.
Social media is found to be extremely useful in generating leads, performing market research
and establishing the marketers as thought leaders. The increasing likeability of selling
through this medium is now even attracting the Business to consumer organizations as well.
Social Media Marketing is gaining popularity far more than expected due to the efficient and
considerable change it has brought in the online marketing world.
In the coming years, social media marketing will probably focus on three main areas, namely
video, mobile and engagement for efficient marketing through the social media. It is high
time that smart online users should effectively exploit this opportunity to attract more and
more visitors to their site. In order to keep benefiting, the online companies should build
applications and products that can woo the consumers and help them in having market
research through social media.
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Introduction:
ODigMais a leading online marketing firm which offers innovative solutions for
companiesto connect with their consumers on the web. It helps brands listen to consumers
online and engage in meaningful conversations with them. It combines an understanding of
online marketing with creative and technology skills and builds digital brands. It is one of the
strongest companies when it comes to analytics and focus on consumer centric marketing.
Odigma was started in May 2010. Its headquarters is situated in Bangalore .AdvitSahdev is
the CEO and Founder for ODigMa. He has over 10 years of IT & global marketing
experience with companies and teams of Intel, Infosys, and P&G & Unilever. At ODigMa,
Advit is spearheading strategic direction for the firm and looks after the companys
expansion efforts. Under his tutelage ODigMa is heading to be Indias most trusted
performance based social media firm.
Setting new standards of excellence, he has launched some of the best cutting edge practices
in the digital marketing space and is a staunch believer that If we cannot measure, then it is
not a deliverable. Passionate about sharing his experiences, he often dons a writers hat and
has authored 4 books on social media marketing with several more in the pipeline.
An engineer by training, it was Advits passion for marketing and business analytics that
changed the course of his career and turned him into an entrepreneur. He is an alumnus of the
prestigious National Institution of Technology, Surathkal and holds a B.E. in Electrical &
Electronics engineering.
Today the company has taken leadership positions in areas like social applications,
conversation platforms, influencer engagement programs, Facebook fans management &
engagement, goal conversions amongst others.
Odigma has a team of highly dedicated professionals who have a keen focus on Data &
Creativity. Odigma provides Performance based Online marketing If we cannot measure,
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Organization:
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Mission: Customer Satisfaction is our primary objective and we strive for Excellencein it.
End user Contact and Immediate Problem Resolution is our Strength.
Product profile:
Facebook is the largest network of people. If you don't have a brand on Facebook, then either
you are missing out, or you are paying a lot on other networks. We will develop a Brand for
you on Facebook with the following activities.
Twitter Strategy planning and implementation:
Twitter is not Facebook or anyway similar. Companies use Twitter in a completely different
way and that is what you have to do. Having lots of followers on Twitter may be a good
status symbol, but is it really worth it.
Social Media platform Connect:
You need to have the same face and the same words out of that face It should not change
from one social media site to other. Here is what we do to ensure this
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Applications are great to automate things and bring about virility, but you need to know how
and when to use the right application. This is where we come in.
SEO and Google Ad words PPC:
We also do this If you are still keen on Search engine marketing, then we respect your
decision and assist you in leveraging the maximum.
Competitors:
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As two of San Antonios most recognized names in their respective and distinct areas of
marketing, Gray Digital Group and The Atkins Group have joined forces to become one of
the citys most formidable marketing powerhouses. Our new entity boasts award winning
strategic brand communications and a fully integrated digital platform team, all under one
roof. The move is based upon the belief that The whole is greater than the sum of its parts.
Milestones:
1. Indias Most Successful Facebook Campaign for launch of Toyota Live in Ahmedabad
2. ROI based Social CRM approach for MTS data cards to deliver customer support par
excellence
3. Indias most successful Social Media presence for Infibeam.com amongst all e-commerce
companies
4. Wild Craft 6, 00,000 fans in three months
5. Bharat matrimony 3, 00,000 fans
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BCG Matrix:
Star(SEO)
Low
Question Mark(CreativeTeam)
Dog(Application Development)
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SWOT Analysis:
Strengths
Odigma is one of the leading social media marketing firms. The company is a giant
marketplace used by more than 100 million people. The company exploits the benefits of
Customer Relationship Management (CRM). This is the Business-to- Consumer (B2C) side
of their business.
Strengths
Brands
Lower risk
Employees
Weakness
Competition
Brand management
Intermediaries
Technology
Employee skills
Opportunities
Cross selling
New markets
New services
Co-branding
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Threats:
Customer choice
New entrants
New competitive products & Channel conflict
Organizational Analysis:
People:
Top Management: CEO AdvitSehdev
Middle Management: Vice President, Brand Manager, SEO Lead, Account Manager, Project
Manager, Add lead
Bottom Management: Analysts, Application Developer, Graphic designer
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Organizational Chart:
CEO
Manager
Brand Manager
Creative lead
SEO Lead
Account Manager
Project Manager
Developer
Analyst
Tester
Application Developer
Add lead
Graphics Designer
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Top Management
Middle Management
Bottom Management
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There are many reasons social media can be a productive marketing channel or platform. The
purpose should dictate strategy and the tactics used for reaching desired goals. The main
objective of online marketing to reach the target customers fast with effective communication
by help of internet.
Most of business suggest that both corporate and functional objectives need to conform to a
set of criteria referred to as an acronym SMART.
The SMART criteria are summarized below:
1. Specific The objective should state exactly what is to be achieved.
2. Measurable An objective should be capable of measurement so that it is possible
to determine whether (or how far) it has been achieved
3. Achievable The objective should be realistic given the circumstances in which it is
set and the resources available to the business.
4. Relevant Objectives should be relevant to the people responsible for achieving them
5. Time Bound Objectives should be set with a time-frame in mind. These deadlines
also need to be realistic.
The main objective of the study in this project is to understand the importance
ofsocial media in present scenario and how effectively it reaches to target customers
by using online advertisement.
The other objectives of the study include:
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To study the strategies applied by Digital Marketing to remain as the most preferred
vendor and understand how it influences the business.
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To understand and analyze the dependence on Online Marketing in the present day
scenario in link building by using keyword optimization.
1.4.2 KSA model:
KSA include Knowledge, Skills and Abilities that an applicant must have to perform
successfully in the position.
Knowledge:
A body of information needed to perform task. In completing this project one should have
knowledge of
Dynamic Work Environment
Social Media
Upcoming Digital marketing Trends
Skills
Skills are the proficiency to perform a certain task. Skills required for this project are
Analytics
online Marketing
Content Marketing
Social Media
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Abilities
Abilities are an underlying, enduring trait useful for performing tasks. Few abilities required
are
Communication
Creativity
Written Comprehension
Broad Thinking
Directory Submission:
It is the activity of the Off Page Optimization. Directory submission performs for collecting
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the backing of own site through which own site PR (page rank) is increase in Google
searches. It is very basic activity of the Off Page Optimization. Directory Submission
perform for increase Ranking.
Forum Posting:
Forum is a place for discussion on the clients website. In this forum, people can post their
queries and share their views with other members. However, the idea behind Forum Post is
that of Online Community but we understand that you would like to publicize your products
through questions and answers with some links for your website.
Blog Commenting:
Blog commenting is a popular online marketing strategy. By leaving thoughtful comments on
a blog post, an individual or a business is able to gain exposure among that blogs audience.
Classified Posting:
It is a process of posting ads online on various sites in order to promote the companys
products and services.
Article Submission:
Article submission is seriously one of the most powerful white hat (organic link building)
ways of getting links; its quite simple, which is completely safe from any changes from
Search Engines.
Digital Quantitative research method:
When it comes to quantitative research, digital data gathering has obvious perks. Digital
surveys allow customers, clients or employees to respond immediately, with submitted data
collected instantaneously. This is carried out by various surveys.
Website Surveys
Your website is your brand come to life for customers who interact with you online. By
enhancing quantitative Web analytics data (such as Google Analytics) with customized
Website Surveys, we can gather information such as why visitors came to your site and
whether or not they found what they were looking for. As a result, you can make more
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A sample is a part or small section selected from the population of area and the
process of such selection is known as sampling. The number of units in the sample is known
as sample size. Sampling is a tool, which enables us to draw conclusion about the
characteristics of the population after studying only those subjects or items that is included in
the sample.
SAMPLE SIZE:
SAMPLE DESCRIPTION:
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The Microsoft Excel tool has been used to represent the data from the employees in the form
of a graph. The graph shows the percentage of people responded for the particular option.
This is useful for the analysis of the data. Pie-chart is used to represent the data. Analysis and
Interpretation are done based on the information given by the respondents.
OPTION
PERCENTAGE
STRONGLY AGREE
STRONGLY DISAGREE
NEUTRAL
AGREE
DISAGREE
Percentage Analysis:
Percentage analysis refers to a specific kind of ratio used in making the comparison between
two or more series of data. Percentage is used to describe relationship and can also be used to
compare the relative terms, the distribution of two or more series in data.
Percentage of respondent= (no. of respondent/total no. of respondent) *100
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Easier to have outdated information on internet, update timing is a critical issue here.
There is a lot of competition in the market and by the time visitor reaches the product
they have already gone through many links and got the required product.
Online Marketing is not free as the cost of hardware, software, wed site design, online
distribution costs, maintenance of website and yes time, all should be factored into the cost of
providing product and service.
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2. Literature review
Introduction:
We live in a super-connected world these days and as such, advertising and marketing are no
longer the same animals they once were. This is especially true due to the rise of social
media, which has changed how businesses communicate with potential and existing clients.
So what exactly is digital marketing and what does it encompass? Basically, its a collective
term which is used where marketing meets internet technology and other forms of new
media.
One major benefit of online advertising is the immediate publishing of information that is not
limited by geographic or time constraints. Online advertisers can customize advertisements,
making consumer targeting more efficient and precise. For example, Ad Words, Yahoo!
Search Marketing and Google Ad Sense enable ads to be shown on relevant web pages or
alongside related search results. On the other hand, consumers have greater control over the
content they see, affecting the timing, placement, and visibility of online advertisements.
Online advertising includes
Online marketing:
Email Marketing
Referral Marketing
Content Marketing
Search Analytics
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Web Analytics
Display Advertising
Contextual Advertising
Behavioral Targeting
Affiliate Marketing
Revenue Sharing
Mobile advertising
Google ad wards
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Methodology:
The typical goal of Internet marketing is to attract prospects on the Web to your website and
then get those targeted prospects to enter into a relationship with you. We are experts in
helping our customers accomplish these goals by providing website promotion and visitor
conversion.
But there is a lot more the Internet can do for your business. In addition to web-based lead
generation, your Internet strategy may include reducing operational costs, as well as,
increasing customer loyalty, partner or channel development, and market analysis. Because
we are experienced, versatile marketing pros, we can share our many years of experience in
these areas with you, to help you make wise choices and avoid pitfalls.
Our methodology can be summarized as follows:
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Online advertising is a large business and is growing rapidly. In 2011, Internet advertising
revenues in the United States surpassed those of cable television and nearly exceeded those
of broadcast television. In 2012, Internet advertising revenues in the United States totaled
$36.57 billion, a 15.2% increase over the $31.74 billion in revenues in 2011. Online
advertising is widely used across virtually all industry sectors.
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Facebook
Twitter
LinkedIn
Email Marketing:
Electronic marketing is directly marketing a commercial message to a group of people using
email. In its broadest sense, every email sent to a potential or current customer could be
considered email marketing. It usually involves using email to send ads, request business, or
solicit sales or donations, and is meant to build loyalty, trust, or brand awareness. Email
marketing can be done to either sold lists or current customer database. Broadly, the term is
usually used to refer to:
Sending email messages with the purpose of enhancing the relationship of a merchant
with its current or previous customers, to encourage customer loyalty and repeat business.
Sending email messages with the purpose of acquiring new customers or convincing
current
customers to purchase something immediately.
Researchers estimate that United States firms alone spent US $1.51 billion on
emailmarketing in 2011 and will grow to $2.468 billion by 2016.
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Referral Marketing:
Referral marketing is a structured and systematic process to maximize word of mouth
potential. Referral marketing does this by encouraging, informing, promoting and rewarding
customers and contacts to think and talk as much as possible about their supplier, their
company, product and service and the value and benefit the supplier brings to them and
people they know. Referral marketing takes word of mouth from the spontaneous situation to
one where maximum referrals are generated.
Online referral marketing, using digital marketing as a platform, is the internet based
approach to traditional referral marketing. Given the advances in tracking customer behavior
online through the use of web browser cookies, online referral marketing provides a high
degree of tracking and accountability.
As mobile access to the internet becomes increasingly popular, offline referral marketing
using Track able business cards are also becoming increasingly popular. Tack able business
cards typically contain QR codes linking them to online content for sale while providing a
way to track that sale back to the person whose card was scanned.
Content Marketing:
Content marketing is any marketing format that involves the creation and sharing of media
and publishing content in order to acquire customers. This information can be presented in a
variety of formats, including news, video, white papers, e-books, info graphics, case studies,
how-to guides, question and answer articles, photos, etc. Content marketing is focused not on
selling, but on simply communicating with customers and prospects. The idea is to inspire
business and loyalty from buyers by delivering "consistent, ongoing valuable information".
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measuring web traffic but can be used as a tool for business and market research, and to
assess and improve the effectiveness of a web site. Web analytics applications can also help
companies measure the results of traditional print or broadcast advertising campaigns. It
helps one to estimate how it changes traffic to a website after the launch of a new advertising
campaign. Web analytics provides information about the number of visitors to a website and
the number of page views. It helps gauge traffic and popularity trends which is useful for
market research.
There are two categories of web analytics:
Off-site web analytics refers to web measurement and analysis regardless of whether
youown or maintain a website. It includes the measurement of a website's potential audience
(opportunity), share of voice (visibility), and buzz (comments) that is happening on the
Internet as a whole.
On-site web analytics measure a visitor's behavior once on your website. This includes
itsdrivers and conversions; for example, the degree to which different landing pages are
associated with online purchases. On-site web analytics measures the performance of your
website in a commercial context. This data is typically compared against key performance
indicators for performance, and used to improve a web site or marketing campaign's audience
response. Google Analytics is the most widely used on-site web analytics service; although
new tools are emerging that provide additional layers of information, including heat maps
and session replay.
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Targeting options such as demographic and behavioral targeting are available to laser
in on your audience
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You can track the performance of your campaign daily to measure metrics such as
impressions, clicks and conversions to calculate your ROI.
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affiliates sometimes use less orthodox techniques, such as publishing reviews of products or
services offered by a partner.
Affiliate marketing is commonly confused with referral marketing, as both forms of
marketing use third parties to drive sales to the retailer. However, both are distinct forms of
marketing and the main difference between them is that affiliate marketing relies purely on
financial motivations to drive sales while referral marketing relies on trust and personal
relationships to drive sales. Affiliate marketing is frequently overlooked by advertisers.
While search engines, e-mail, and website syndication capture much of the attention of
online retailers, affiliate marketing carries a much lower profile. Still, affiliates continue to
play a significant role in e-retailers' marketing strategies.
Specialized Forms:
Cost per action:
Cost Per Action or CPA (sometimes known as Pay Per Action or PPA; also Cost Per
Conversion) is an online advertising pricing model, where the advertiser pays for each
specified action - for example, an impression, click, form submit (e.g., contact request,
newsletter sign up, registration etc), double opt-in or sale. Direct response advertisers
consider CPA the optimal way to buy online advertising, as an advertiser only pays for the ad
when the desired action has occurred. The desired action to be performed is determined by
the advertiser.
Revenue Sharing:
Revenue sharing is also known as cost per sale, and accounts for about 80% of affiliate
compensation programs. E-commerce web site operators using revenue sharing pay affiliates
a certain percentage of sales revenues (usually excluding tax, shipping and other 3rd party
cost that the customer pays) generated by customers whom the affiliate refer via various
advertising methods. Another form of online revenue sharing consists in people working
together and registering online in a way similar to that of a corporation, and sharing the
proceeds. A third form of revenue sharing on the internet consists of enticing internet users to
sign up and create content by offering a share of advertising revenue.
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presented in the form of a detailed online catalogue that the customer can browse through.
Technology allows the user to virtually touch and feel the product on the Internet - rotate it,
zoom in or zoom out and even visualize the product in different configurations and
combination. The example of the above can be seen at dell.com where the company offers
the user to virtually feel every aspect of their product before they go into a buy decision.
Content and software are two avatars of digitized products that can be even distributed
overthe Internet. On the Internet, E-marketing will be based more on the product qualities
rather than on the price. Every company will be able to bring down the cost of its products
and hence competition will not be on price. It will rather be on the uniqueness of the product.
To be able to attract the customers and retain them, the company will have to provide
nouvelle and distinct products that forces the net users to purchase and come back for more.
2. The Price has been drastically changed over the Internet. It lets the buyer decides the
price. Also it gives the buyers information about multiple sellers selling the same product. It
leads to best possible deal for the buyers in terms of price. A website named Priceline.com is
extremely popular as its compares the price of many airlines and offers the least price to the
buyer. The very famous bazee.com now known as ebay.in follows the same principles.
Pricing is dynamic over the Internet.
3.
customer.Internet serves as a direct marketing channel that allows the producer to reach the
customer directly. The elimination of the intermediate channel allows the producer to pass
the reduced distribution cost to the customer in the form of discounts. Dell Computers have
used this strategy very effectively and hence they have been able to reduce their prices of
their laptops drastically and reaped huge profits.
4.
arecurrently more than one billion web pages. Promoting a website includes both online and
offline strategies. Online strategies include search engine optimization, banner ads, multiple
points of entry, viral marketing, strategic partnership and affiliate marketing. Presently, the
cyberspace is already cluttered with thousands of sites probably selling similar products. For
the customers to know of the Companys existence and to garner information on the kind of
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products or services that the company is offering, promotion has to be carried out. There can
be traded links or banner advertisements for the same. Also the traditional mediums like
print, outdoor advertising and television can be used to spread awareness. Email campaigns
and spamming the Chat rooms on almost every server has been exploited to the maximum for
the cause of promoting their website.
5.
usenavigation. The look and the feel of the web site should be based on corporate logos and
standards. About 80% of the people read only 20% of the web page. Therefore, the web page
should not be cluttered with a lot of information. Also, simple but powerful navigational aids
on all web pages like search engines make it easy for customer to find their way around. The
principle of K.I.S.S (Keep it simple stupid) is the most important factor that has to be
considered while presenting the online business
6.
Processes Customer supports needs to be integrated into the online web site. A
salesservice that will be able to answer the questions of their customers fast and in a reliable
manner is necessary. To further enhance after sales service, customers must be able to find
out about their order status after the sale has been made. For e.g. FedEx (www.fedex.com),
the overnight Courier Company allows its customers to keep track of the parcel and they are
well informed about the present whereabouts of their package. Similar variants have been
used by the Government of India for its Speed post and Registered Ad services where you
can keep a track of your post by entering the code that has been issued to you.
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the world, add a tax calculator, see the weather forecasts of his city and listen to his
favorite songs and all this simultaneously.
Identify dissatisfied customers before they leave through a customer retention program.
Employee Involvement
Poor Service
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Competitor Superiority
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scores based on the satisfaction tracking surveys will provide flags and a management
tracking tool to assure quality is at high levels over time.
Customer Retention provides an understanding of customers expectations and satisfaction.
Satisfaction surveys typically require multiple questions that address different dimensions of
the satisfaction concept. Satisfaction measurement includes measures of overall satisfaction,
satisfaction with individual product and service attributes, and satisfaction with the benefits
of purchase. Retention measurement is like peeling away layers of an onion-each layer
reveals yet another deeper layer, closer to the core.
At a minimum, customer retention surveys should address:
Implement an exit interview to determine why the customer is leaving or has left.
Develop a customer retention problem escalation program that has the power to present
incentives, counter-offers, or resolve all problems.
Each of these methods will increase retention through customer intercept, development of
measures to key in on customer problems, and measures of the degree of success.
Customer Feedback: Voice of the Customer
Successful companies understand the importance of the Voice of the Customer (VOC) as an
integral part of customer retention management.
Voice of the Customer addresses both strategic and operational decisions of the
corporation using a hierarchical customer retention and needs analysis. VOC prioritizes
customer needs according to what they really need and want.
As key criterion in total quality management, Voice of the Customer, drives the Baldrige
Award criteria. As stated by The National Institute of Standards and Technology (NIST), the
first key concept in the Baldrige Award criteria is that quality is based on the customer
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Our clients are using the VOC system to send automatic surveys to their customers after
using a help desk, making an online purchase or registering a new product. VOC surveys are
personally addressed to the individual while asking specific question based on the customers
recent purchase or request.
Our clients are using these customer retention survey opportunities to help determine market
segmentation, product evaluation and awareness along with overall satisfaction and intention
to continue as a customer with the company.
In the case of the customer being extremely dissatisfied with a process or purchase, our
clients can access or receive via e-mail a copy of all dissatisfactory surveys. Customer
feedback is sent immediately via email to a designated individual inside the organization for
timely follow up and quality control.
As an example in the consumer products area, one manufacturer observed a long term
decline in sales of a leading item in their product line. Management struggled with
determining whether the decline was due to quality issues or due to other issues related to
product appeal. Using Voice of the Customer technology, important customer needs were
identified. More in-depth analysis showed that these needs were associated with key design
attributes that could be easily modified to improve product quality. The net result was a
reversal in sales decline and rejuvenation of an important part of the product line.
Voice of the Customer technology satisfies information needs while keeping the customer in
mind.
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Findings
3.1 Ecommerce
Electronic Commerce (Ecommerce) is online buying or selling of products and/or services.
Ecommerce is also known as ecommerce or E-business. Ecommerce has its own benefits
which made it as popular as it nowadays. Ecommerce took some time to become popular
because it was new and customers were defensive towards nonretail buying. As everything
comes with its advantages and disadvantages both, ecommerce has it too.
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telephones as well.
In todays technology driven world, a new fast paced digital economy is emerging. In the
near future, it wouldnt be surprising to see that there are companies that exist only inside
computer networks. Most business transactions will be made electronically, directly from the
producer to the consumer, bypassing the supply chain. In the digital marketing environment,
the consumer becomes an integral player in the development of the product. In fact, a
consumer might build the product himself from a wide array of parts provided by the
company. It is e-commerce that is changing the way products and services are conceived,
manufactured, promoted, priced, distributed and sold. The reason being that it is much
cheaper; it allows vast coverage and helps in serving the customer better.
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India has an internet user base of about 137 million as of June 2012.The penetration of e-commerce is
low compared to markets like the United States and the United Kingdom but is growing at a much
faster rate with a large number of new entrants. The industry consensus is that growth is at an
inflection point.
Unique to India (and potentially to other developing countries), cash on delivery is a preferred
payment method. India has a vibrant cash economy as a result of which 80% of Indian e-commerce
tends to be Cash on Delivery. Similarly, direct imports constitute a large component of online sales.
Demand for international consumer products (including long-tail items) is growing much faster than
in-country supply from authorized distributors and e-commerce offerings.
The Figure below gives us a fairer idea of the growth of internet usage and e-commerce in India
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2. Internet is accessible though other media also and not only through telephone lines. In the
current scenario, the usage of internet might be dominated by telephone lines, but broadband
and cable net are coming in a huge way.
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3. Government policies are aimed at broadening and strengthening the infrastructure required
for Internet accessibility.
There could be several other modes to increase the reach of the Internet. However, with the
current limitations, the projections on Internet usage appear to be as follows:
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To the user:
Internet gives more control in choosing content. It offers customization of the content, the
way the user wants to view it. It offers a variety of options for information and entertainment.
It offers a wide range to choose from for the user.
It offers tremendous convenience to the user not only in delivery of information, but also in
allowing him to transact often in a seamless manner.
The best example of giving control of content is the My Yahoo !!service offered by the
Internet giant, Yahoo Inc. It gives the user the choice of content for various topics ranging
from news to stock options to entertainment to sports and just about everything.
To the marketer:
The Internet offers several options to a marketer trying to target a particular community
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is estimated that the Internet user spends an average of 10 hours per week on the Net, and
usually earns over 6000 per month. Almost 53 per cent of Internet users belong to SEC
A1/A2. More than 55 per cent of such Internet users live in towns with a population of over
40 lakhs. Even today, Indian users are most likely to use the Net for sending and receiving
emails. However, information- and entertainment-seeking are also growing.
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services, products related to entertainment like movies (promotions and tickets), plays,
contests etc, FMCG products where the core target audience is younger (deodorants, soft
drinks), consumer durables to some extent and high-end services like tour operators, airline
services, hotels etc.
Advertising options available on the Internet:
The Internet offers a variety of options for the marketer to advertise her/his products/brands.
These include
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Given the highly interactive nature of the Internet, and the also fact that unlike other media it
offers a higher level of identification of the user, simple direct marketing tools such as email
can also be used more effectively. For example, a high-end car seller can today easily send an
offer to persons earning over Rs 25000 per month at a very reasonable cost and within a very
short period.
Then again there are sponsorships, which can be effectively used to increase brand salience
and even change image.
The other tool on the web with enormous potential, and which has possibly not been used to
its optimal level yet by marketers in India, is the search engine. Marketers can own either
popular keywords or make use of meta-tags (these are similar to the keywords which the
search engines uses to catalogue various websites/products) in order to go higher on the
search lists.
The above is used by the search engine giant Google.com and it has reaped profits so much
so that it is now being viewed as a threat by the computer giant Microsoft Inc.
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Social Media:
Irrespective of demographic barriers, age barriers, it is the only platform that connects people
globally. Almost everyone holds an account in various social media sites like Facebook,
Twitter, etc. According to the surveys, it is proven that the average time of 2-3 hours are
spent on social media platforms. Therefore to reach through maximum people easiest way is
to advertise on these sites. For an educational website like Institute of Digital Marketing, it is
the best platform because main targeted people are students who spent usually more time on
social media.
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Advantage:
1. Targeting Options
Perhaps the biggest plus in terms of targeting is the sheer number of options any brand has
for drilling down to certain demographics and interest groups. Below is a list of many
possible groups to target, though it is by no means exhaustive:
Age
Location
Language
Gender
Education
Interest
Friends
Friends of friends
Relationship status
Actions taken
Occupation
2. Cost Effectiveness
Because of the granular targeting options available, the efficient spending of ad dollars is a
huge benefit. Instead of throwing a bunch of ads -- whether they are text, video, imagery, or
other media -- against a wall and seeing what works, you can make sure your money is being
spent in ways that make sense for the message that is present and the brand one represent.
3. Advertising Copy and Creative
When we say that one can deliver the right messages to the right people at the right time by
using social ad targeting, it's important to explain what that means. By targeting specific
groups of people, one should remember that they may now have the ability to use images and
copy that reflect the interests and vernacular of those in your targeted audience. While one
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don't want to overdo it, it is important to create advertising content that suggests a superior
knowledge of audience. A person can no longer need to create blanket marketing messages
that appeal to a wide swath of people. So research targeted audience, understand their
needs,and appeal to that.
Disadvantage:
1. Limiting Potential Reach
A potential downside to targeting groups of people with social media ads is the self-imposed
limits put in place by this strategy. When a person start choosing different groups to target,
he start removing potential groups of people who may be receptive to his advertising
message, despite not falling into a particular demographic. One can hope to see a viral spread
from social ads, which would expose new people to content. If this doesn't happen, however,
ads will only be seen by a certain percentage of people. Because one can combine targeting
options, reach a very specific group of people. But that also means that ads will not reach a
large group, especially when start drilling down to particular interests. So it's important to
balance targeting with potential reach to find the sweet spot for message.
Facebook:
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It seems like everyone is now using social Facebook. Consider these staggering usage
statistics posted in June of 2010 on Facebooks Web site:
50% of Facebooks 400 million active users log on in any given day
The average user has 130 friends
Users spend over 500 billion minutes per month on Facebook
More than 25 billion pieces of content (web links, news stories, blog posts, notes, photo
albums, etc.) are shared each month on the Facebook site
With Facebook offering such an easier way to advertise, many small businesses are taking
advantage of this. This means that unless your advertisement is striking, it will be lost along
with everything else, and not net you any benefit. Life online is really fast, and things happen
in minutes. In the real world, life is a little slower. The following promotions are made on
Facebook in order to get users attention.
Facebook Page
The most effective of using Facebook for business is creating Facebook pages. It takes few
minutes to create a Facebook page and the impact is huge on the people. It actually helps the
business to be
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A page on Institution of Digital Marketing is created and has got around 100 likes in the first
week. This page is used as a platform to discuss the schedules of upcoming events, current
news on digital marketing etc. to get interaction with the people who have liked the page.
There were no results in the beginning but slowly people started responding to the posts on
current news, about different trends on digital marketing. With 999 likes and 15 people
talking about Institute of Digital Marketing, it has successfully conducted events and also got
many enrollments for various courses. Here is a screenshot of the page today.
Facebook Events
Creating events on Facebook can be an effective, low-cost way to market business event. But
business owners may not get the sales and new leads they're hoping for if they overlook the
many small details involved in event creation and promotion. Some important things should
be kept in mind while creating an event.
Where:Be specific -- if it's an offline event, give the exact address so Facebook users see
amap. If it's online, say so.
Time: Facebook doesn't show time zones, so the exact time is specified correctly
Images: Create two -- a large, compelling image for the event page and a thumbnail for
event app.
Extras:Don't check the radio button for "only admins can post on event wall," or
attendeeswon't be able to ask questions or post on event wall.
These Facebook events are one time and hence can be attached to Facebook pages. But
Facebook prevents the join button on those events that are attached to Facebook pages to
avoid spamming.
Facebook pages actually help people knowing about the upcoming events where the pages
they are following. There are various options available for the users to decide whether they
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are attending, not attending or they dont know about the event. It is the smartest way of
getting peoples attention and interest in the areas where they wanted to know.
The Facebook event we have created was for a one day workshop on Digital Marketing for
Beginners. This workshop mainly concentrated on students and house wives who have
minimum knowledge on digital marketing. For those who wants to buy tickets online, it is
done through exprestore, an online payment platform.
LinkedIn:
LinkedIn also has a very loyal user base. The site currently has over 70 million members in
over 200 countries. A new member joins LinkedIn approximately every second, and about
half of its members are outside the U.S. LinkedIn also has tremendous visibility with
company management, and claims that a significant percentage of executives from all
Fortune 500 companies are now LinkedIn members.
If your company is in business to sell to other businesses, LinkedIn is arguably a muchbetter
platform than others for targeted advertising to individuals. LinkedIn is more for
theprofessional business-to-business set. LinkedIn has differentiated itself over the years to
be a no-nonsense, professional social network free of games and music.
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Pros
The first, most obvious benefit from using LinkedIn comes from the algorithmic
realm of SEO (search engine optimization). Its yet another avenue that search
engines use to bring businesses in search query results. Its the perfect tool to give a
business more exposure while also allowing it to expose the most crucial parts of its
business the mission, the background, the members of the team, etc. Increased SEO
exposure leads to increased web traffic which, in turn, leads to an increased
conversion rate.
LinkedIn is also a great way to stay up-to-date with the news from your industry or
field of interest. This is a major benefit it keeps you in the current loop, indicates
upcoming trends or big ideas, and provides a ripe stomping ground for sharing
experiences and advice among experts surrounding topics that are important to the
business. These easily accessible resources are invaluable to a company, particularly
smaller ones, due to its low cost and high beneficial value.
LinkedIn is also a great asset because of the amount of information it gives about a
particular company or business. Similar to Facebook, LinkedIn will tell you all the
major data you need to know about a company as well as give you the professional
profiles of the individuals associated with the business from employees to investors.
Access to this type of specific data and information allows users to easily find
potential partners or recruit new employees, saving you a lot of time, energy, and
resources.
LinkedIn Answer also gives users the chance to demonstrate their knowledge and
skills in their respective field to establish themselves as credible experts with
vastknowledge and expertise. In turn, this is beneficial for LinkedIn users as it
positions
them
as
experts
and
boosts
the
companys
credibility.
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Cons:
When looking at LinkedIn, its also important to be aware of and acknowledge its cons.
One of the major negatives is the way users use LinkedIn as an advertising megaphone
via SPAM so brace yourself for the slew of SPAM coming your way.
Once established, LinkedIn is a major timesaver. But in the beginning, it requires a lot of
personal time and work to get your connections flowing and conversations started. Users
need to constantly ask others to be introduced to companies and individuals they are
interested in connecting with, which can be cumbersome at times. Always keep in mind
that LinkedIn is a platform for connections and conversations so approach these tasks
with the outcome of building a business relationship in mind. This task can be
sidestepped with the paid version of LinkedIn, but that might not be an option for smaller
companies with a limited budget.
Overall, LinkedIn is a solid platform for businesses and individuals. If you are just getting
started, keep these pros and cons in mind. If you do, your relationship and experience
with LinkedIn will prove beneficial.
In our internship, we used LinkedIn to grow the professional network of Institute of
Digital Marketing. This institute not only provides knowledge but also do business with
its skill sets. LinkedIn helps in building great professional network and in getting new
businesses. Apart from the workshops and course classes, Institute of Digital Marketing
has some set of people who develops e-commerce websites and optimizes them. Hence,
in order to get business we have used LinkedIn as a major platform.
In LinkedIn groups, there will be discussions going on every time. So, we have created a
LinkedIn group and started discussions on various topics on digital marketing. In the
beginning the results were very slow since LinkedIn is strictly a professional network and
the targeted people might not show much interest here. As it goes on, our discussion has
got a wide popularity with students from different colleges asking questions and actively
participating in the discussion.
With this growing popularity on LinkedIn, slowly business started coming in. in the
beginning only small projects used to come like landing page creation, content creation,
blog postings etc. There were two big projects came during my internship tenure from
Dharani Computers and The Suntech Corporation for developing and managing the
website and do search engine optimization for them.
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Twitter:
Twitter is an online social networking and micro blogging service that enables users to
send and read "tweets", which are text messages limited to 140 characters. Registered
users can read and post tweets, but unregistered users can only read them.
With the interest growing towards digital marketing, searches related to information
regarding various forms of digital marketing have been increased drastically. An account
has been created in twitter on behalf of Institution of Digital Marketing and tweeting on
behalf of that. Surprisingly, there is huge number of followers for that account and
questions, retweets were posted regarding details.
Each tweet is limited to 140 characteristics and one cannot convey detailed information
on a particular topic. So what we have done is, we gave headline to a topic what we want
to discuss and have given the link about what we are going to discuss. This was used as a
back linking platform and it resulted in gaining traffic to the website, Facebook page or
LinkedIn whichever link we have given for detailed information. Apart from this, pictures
regarding workshops were posted and got leads through that.
The Benefits of Doing Twitter Advertising:
The first and most immediate benefit are the results from the initial tweet. Things like
clicks, likes, followers, and increase web traffic.
The second benefit is that your topic and name is out in the twitter universe more
often and that may help with Twitter search results. The more your name and website
same weight as on page links but links are links and the more you have the better.
All this to say, the benefits from someone tweeting and re-tweeting you last for much
longer than the immediate effect of the tweet.
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yourindustry, it doesnt make sense to compete against the big sharks. Small businesses
have a much harder time gaining traction with high-volume keywords, as the competition
is so fierce. To overcome this, focus on long-tail keywords (keyword phrases with three
or more words) that still have a respectable search volume.
Elevating your keyword density: When it comes to keywords, less can be more.
Stuffing keywords into every other sentence may have worked in the past, but now, its
definitely frowned upon. Add keywords where it makes sense, but dont focus on
achieving a certain density percentage.
Creating content
producing
in
production
say that
enough content is one of their top challenges but, again, less can sometimes offer more
when it comes to creating content. Churning out content left and right isnt sustainable
and will most likely result in mediocre content, at best. Instead, focus on creating fewer
content pieces that are of higher quality, and build that evergreen content for more
durable reach and engagement.
Optimizing on-page:
Too much of anything is never good, and that certainly holds true with optimization
techniques. In fact, over-optimization is something that search engines have been known
to penalize websites for. Keyword stuffing your title tags, meta keywords, and meta
descriptions will just make you look like a spammer to search engines like Google and
Bing,which wont result in a favorable outcome for your brand. Again, these tactics may
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have worked in the past, but today, they can do more harm than good.
Directories: Do you think people surfing the web still use directories? Not very often.
Mostof them were built strictly for link building purposes, making them virtually
worthless these days.
Link exchanges: Most link exchanges involve sites that are completely irrelevant
toone another, and that just screams spam.
Blog networks: Blog networks are not credible, as their sole reason for existing is
togame the search engines by providing a variety of (low-quality) links to each
blog.
Spam comments: With spam filters, leaving comments with links isnt as popular
asit used to be, but it is a tactic many still employ. Like all the other spamming
techniques, these will do you far more harm than good today.
Keyword Rankings:
A couple of years ago search engine rankings were the only metric anyone seemed to pay
attention to. But being totally obsessed with rankings is a mistake these days, since search
results are unstable, and can vary by a number of additional factors.
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For example, when users are signed in to their Google accounts, they will see different
search results compared to when they are signed out and an altogether different set of
results may appear if they are searching on a mobile device. Additionally, rankings can
vary based on a searchers location (which can be auto-detected), and search engines also
provide search term suggestions based on their detection of common search intents.
Hence, it is important to place a greater focus on success metrics that have a greater
ultimate impact on your businesss bottom line.
Meta Tags
Keyword Density
Competitor Analysis
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ALT tags
H1 tags
URL structure
Content
Keyword density
I have posted answers in yahoo answers giving our website link for reference. This is a
link building technique that helps in increasing traffic to the website. Another important
forms are blog commenting and forum posting by linking the website in the comments.
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Google authorship is playing a major role in search engine rankings and clickthrough rates
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Conclusion
Advertising on the World Wide Web has many advantages and disadvantages. I believe
that in my opinion, that the advantages outweigh the disadvantages. Having online
advertisement, allowing your advertisement to be viewed globally all around the world,
takes your business to a whole new level targeting much more audience Digital marketing
engagements are typically multifaceted, solving for specific digital marketing challenges
while building ongoing client capabilities. In addition to defining new roles and
responsibilities and helping develop technology infrastructure issues and identify
potential partners. Having online advertisement, allowing your advertisement to be
viewed globally all around the world, takes your business to a whole new level targeting
much more audience. Its low cost, offers small business to invest in online marketing
cutting down in initial cost of marketing. Internets vast scope also allows every day users
to experience more services provided by business and makes it a convenient places for
shoppers. It allows people get more time out of their life, that other traditional shopping
methods such as driving to a store to pay bills. With the help of the internet, it has helped
us humans in many ways.
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Suggestions
The best reason why online advertising is most important is to navigate customers
Online Advertising provides a valuable service for readers, pointing them to great
content. If you believe in putting the audiences needs first, this kind of thing is a nobrainer
SEO advertisers do at least serve one purpose: they show just how valuable simple
took over the place and start advertise in best ways to gain new customers.
Ecommerce should use online marketing compulsory other than the normal marketing
activities to attract target customers.
Online marketing is not only cheaper but its easy way to connect with Customers.
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Bibliography
Reference:
Websites:
www.wikipedia.com
www.advertise.com
www.digitalbuzzblog.com
Books:
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