A Research Project Report On: Affiliated To
A Research Project Report On: Affiliated To
“ ”
ADMIMISTRATION
GORAKHPUR
AFFILIATED TO
SUBMITTED BY SUBMITTED TO
ROLL NO:
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CERTIFICATE
award of the Degree of Master of Business Administration is a bonafide record of the research project work done by
We wish him/her all the best and a successful and bright future.
Date:
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CHAPTER -1
INTRODUCTION
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INTRODUCTION TO THE COMPANY
Veteran media
They create, building, review, grows and solve problems for brands. They do everything from
advertising campaigns, media buying, retail, brand communications and entertainment.
At veteran media, they pride ourselves on a professional, consultative, creative, flexible and
customer focused allowing the client to make sure their product is always one step ahead of the
competition.
Our Mission
Company with an excellent track record for the best customer satisfaction. We have never
compromised on the quality and the services provided to the customer.
Our Vision
A world in which we have to prove our self so we are keen to prove by our work and we stick on
that endlessly.
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SERVICE VETERAN MEDIA PROVIDE
Latest Technology
We believe in era and there technology so we also believe in competency and hence we never
hesitate to use new either it's fresh Piece of thought or technology.
Client Servicing
The Most essential, futuristic and integral part of any growing or grown company that area
accountability effected 101% growth of any company and we believe we are best in this..
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INTRODUCTION TO THE TOPIC
Traditional marketing refers to any type of promotion, advertising or campaign that has been in
use by companies for years, and that has a proven success rate. Methods of traditional marketing
can include print advertisements, such as newsletters, billboards, flyers and newspaper print ads.
Other forms of traditional marketing include television spots or commercials, as well as radio spots
advertising a business, product or service.
Direct Mail
Direct-mail marketing creates awareness of a product through postcards, brochures, letters and
fliers sent through mail. Direct mail is called a targeted type of marketing strategy because
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information is sent to a specific target market. However, direct-mail marketing can be expensive
as a business incurs design and printing costs as well as postage expenses to reach its target.
Print marketing includes advertising products and services through newspapers and magazines.
Print marketing is both a mass-marketing and niche-marketing strategy. As a mass-marketing
strategy, printed advertisements reach different classes of people, who might or might not have an
interest in the product. In magazines, print marketing reaches out to the niche market that reads
the magazine, such as women, fathers, teens or car lovers.
Broadcast
Television and radio are traditional avenues still widely used. Broadcast marketing reaches a large
audience within a limited period of time. Television advertisements also bring authenticity and
realism to a product as people can see how the product works. However, broadcast messages have
a shorter lifespan compared with printed messages. Additionally, marketing through television and
radio is costlier, compared with other forms of traditional marketing.
Referral
Referral marketing, also known as word of mouth, relies on customers to spread information about
products or services. Referral is not a strategic or planned marketing activity, but it might help a
business build a loyal client base. It also costs close to nothing for the business. However, a
business shouldn't rely primarily on referral marketing; it should combine this with the other types
of marketing to reach a wider target market.
Billboards
Billboards are some of the largest forms of traditional advertising. Many exist on the interstate to
entice travelers to stop along their journeys. These advertisements must be short and very visible
to have an impact. It is also important for the billboards to be placed in an area that receives a lot
of traffic, as well as in a reasonable proximity to the business.
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Newspapers
Newspapers are one of the oldest areas in which to place advertisements. With new editions daily,
in most cases, this makes it also the most disposable type of advertising. The effect must be
gathered before the consumer turns the page or the usefulness of the advertisement is gone forever.
Most newspapers have a readership that consists mostly of local people to your area, however,
there are a few national newspapers. Consider your target market and which newspaper they are
most likely to read prior to purchasing newspaper advertisements.
Magazines
Magazines are more long-term versions of advertising medium, as opposed to newspapers. While
the magazine is most likely published monthly, many keep their magazines for several months and
read them more than once. Additionally, magazines are more typically passed off to others than
newspapers, so there is a much higher chance that your advertisement will be seen. The high gloss
and color content of a magazine, versus a newspaper, makes it a desirable form of advertising.
Radio
Radio is another traditional form of advertising. Radio signals can reach a large area, and
commercials span 30 to 60 seconds, which makes them an attractive advertising option. The major
drawback to radio advertisements is the ability for the listener to simply turn the station or turn off
the radio to avoid hearing them. With print advertising, if the person's eye is caught by the
advertising, they are likely going to read them. However, if the radio is not on, the listener certainly
will not hear the advertisement.
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Advantages and Disadvantages of Traditional Marketing
While newer marketing methods do work and can increase a company's client base, completely
replacing traditional marketing with the latest marketing techniques can prove dangerous.
Traditional methods have a high success rate and are proven. Internet methods are subject to clients
or customers having access to an online medium and being Internet savvy. With traditional
marketing, anyone with a newspaper, mail service, television or radio can learn of your business
or service. Rather than customers going online to find your business or service (and possibly
stumbling on your competitor's website), you bring your business or service to potential customers
with print advertisements and other traditional methods.
Advantages
Reach
You can reach a group of specific consumers that do not necessarily utilize internet browsing.
Personalized marketing is considered to be one of the best strategies and the most efficient
method to gain recognition as a brand and product.
Tangible Offers
Traditional Marketing offers tangibility- this refers to ads or products that clients could come to
contact in during their free time, like a newspaper ad for example.
Product Testing
Depending on the product, traditional marketing can offer product testing and through this
method, prove its quality.
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Disadvantages
Expensive
Purchasing television, radio, or printed ads tends to be pricey for both small and mid-sized
businesses.
Inefficiency
Unlike Online Marketing, it is quite difficult to measure the conversion rate of your ads through
traditional marketing, which makes it difficult to have a good understanding of the efficiency of
your ads and the results they offer.
Forced Strategy
This type of marketing strategy is known to be a forced method of selling a product, since the
consumer is not necessarily seeking your product in the first place.
Timing
Costs
You must pay for ads in newspapers or mailers every time you run a new campaign. Adding new
products or sales pages to your website doesn't create additional costs if you already have a person
on your team who can update your product information. Traditional marketing companies
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may charge per delivery area for fliers or mailers. On the Internet, your ad is accessible to the
entire World Wide Web.
Customization
With traditional ads, it is difficult to target a specific customer. Specific market segments can be
targeted, but not an individual. For example, an ad may target young women. The ad may show
young people interacting and present interesting copy about a new style of purse. On the Internet,
new marketing techniques can track what a viewer has looked at and suggest similar products.
Pricing Options
Traditional marketing can present special sales and pricing. However, it is typically more difficult
to offer complex bundle pricing. Most print marketing doesn't have the space to explain all the
different pricing variations that may appeal to buyers. An online catalog may present you with an
offer that if you buy four items from one category, you get a free item from another category.
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What is Digital Marketing?
Digital marketing (also known as data-driven marketing) is an umbrella term for the marketing of
products or services using digital technologies, mainly on the Internet, but also including mobile
phones, display advertising, and any other digital medium.
Digital marketing's development since the 1990s and 2000s has changed the way brands and
businesses utilize technology for marketing. As digital platforms are increasingly incorporated
into marketing plans and everyday life, and as people use digital devices instead of visiting
physical shops, digital marketing campaigns are becoming more prevalent and efficient.
1. Content Marketing
Content marketing is a strategic marketing approach focused on creating and distributing valuable,
relevant, and consistent content to attract and retain a clearly defined audience and, ultimately, to
drive profitable customer action.
Use First Person in Call to Actions & Get 90% Increase in Click through Rate
To have a persuasive call to action you must know your audience and what its triggers are. For
example, millennial are very critical since they‟ve grown up fast-forwarding through commercials
and online advertising.
An effective digital tactic is to correlate the call to action with the visual component (if there is
any), have a compelling verb (to entice you to take action), communicate value (what you are
offering) and create a sense of urgency. You should use “get your free e-book” instead of
“download” or “get free quote” instead of “submit” and so on.
A call to action is a great way to make the user take action and persuade them into taking the
action you want without letting them know that on a conscious level. You should have a call to
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action message on your landing page, newsletters and emails.
It was discovered that using the first person instead of the second person on a payment page
brought 24.95% more payment.
New content appears daily. You must bring something fresh every time. Investing in social media,
sales funnel, conversion rate optimization, customer relationships, marketing budgets, web
analytics; they are all keywords that pops in your head all the time. Yet, which are the most
effective tactics one should use?
Scheduling your blog posts is mandatory, especially if you work with multiples copywriters. Make
sure your marketing plan includes an editorial calendar for improving your results. Creating an
editorial calendar is easier than you think. There are lots of apps that can help you with that.
Meistertask is a task management app you could use to drag and drop tasks for each participant
and create an editorial calendar easily.
Use Content Syndication & Get a Constant Traffic of 250,000 Unique Visitors
Content syndication is the process of publishing your content on third party sites. You need to find
authoritative publications. The idea behind is to drive more engagement for your content. Outbrain
and Taboola power your content on their marketing channel. Once you republish your article on a
big site like those two, you are exposed to a new audience and could reach a higher traffic.
Promote Your Business with SlideShare to Drive 20% More Organic Traffic
Slideshare is the largest marketing platform for sharing presentations and it‟s best suited for B2B
companies. Didit Marketing, an advertising agency from New York, conducted a study showing
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that SlideShare gets 500% more traffic from business owners than Facebook, Twitter or Youtube.
An important fact you need to keep in mind is that SlideShare received billions of viewers every
month and it‟s a great way to connect with different specialists and find quality information in a
friendly format.
Ana Hoffman, blogger at Traffic Generation Cafe, conducted a study showing how she received
from 0 to 243,000 views in 30 days on Slideshare. The fun part is that you don‟t need entirely new
content to do a presentation; you can work through your old content displayed in a visual form to
be easy to read.
20% of the SlideShare visitors come directly from Google. The rest come from social media and
other SlideShare presentations. Always keep eye on your metrics from Google Analytics to see
how are you performing in terms of organic traffic, paid traffic, visitors and so on.
2. Search Marketing
Search marketing is the process of gaining traffic and visibility from search engines through both
paid and unpaid efforts.
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Build a Network of Partner Websites to Get Influence on the SERP and Jump up to 30+
Positions
Brand mentions on well-known publications are important and hard to get. They could lift you up
in ranking on the search engines for the right keyword phrases and you could improve your Search
Engine Optimization (SEO) efforts. Usually, startups collaborate with content marketing
specialists or firms because some of them don‟t have the budget for a full-time person. Building
a network of partner websites for a short period of time is an effective digital marketing technique
to bring awareness and traffic to your site. The profile of the website could include publications,
edu websites, web directory, blogs, forums, e-commerce and so on.
With a continuous growth in e-commerce sale, customer reviews (all reviews, not necessary the
ones coming from some ideal customers) are a major factor, an efficient trigger and quite essential
tools nowadays for e-commerce websites.
Be Part of the 90% of Marketers Who Saw a Significant Increase in ROI by Taking
Advantage of Trends for Traffic Generation
Google Trends is a pocket of gold. You‟ll find a lot of data to help you to generate content and see
what‟s trending to stay on top of your competitors. The particularity of this tool is that you‟ll find
real-time search data or help to gauge consumer search behaviors over time.
You need to keep your eyes open for the marketing trends that will come. The marketing trends
that will dominate 2017 include the Internet of Things, virtual and augmented reality, live
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streaming video, visual storytelling, native advertising, marketing automation, influencer
marketing, mobile marketing.
In 2016, video content was very popular and still is. Fire Brand proved that following trends can
bring growth. The results showed that 90% of marketers have noticed significant increase in Return
on Investment (ROI) through video content.
Gain a Higher Advantage in Front of Your Competitors with AMP Receiving 40% Organic
Traffic from the Whole Site Traffic
AMP is a simpler and easier way to built light-weight web pages with static content that loads
faster on mobile devices, due to its technology. The project is based on AMP HTML, new open
framework built of existing web technologies.
The pages with an AMP version see a 2% higher CTR, which translates to more clicks
AMP version has 40% of all the traffic for a page. It is an utterly amazing improvement for many
sites because the content renders faster. The project comes to the rescue for a large number of
publishers.
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share with their social network to help a company increase brand exposure and broaden customer
reach.
Socially Stacked demonstrated that a customized page for a discount can influence the
engagement for that page. In the end, 42% fans liked the page to get a coupon or discount. On the
same side, a case study by Wildfire Interactive showed that a Facebook coupon-based page tab
received the highest engagement rates beside giveaways, sweepstakes, trivia Contests,
Sweepstakes, Contest essays, photo contest, coupons, and video contest as you can see in the next
graph.
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Write Valuable Content on LinkedIn Pulse and win up to 1,900 Social Shares in 30 Days
LinkedIn Pulse is a professional self-publishing platform. At first, everyone could write and
publish content without any approval. Currently, it is composed of 500 selected experts.
According to Kapko, LinkedIn Pulse “lies somewhere between blog and social network”.
Authors add a number of 50,000 articles on the platform every week.
Brian Lang, blogger at Small Business Ideas, conducted quite an interesting study on 300 posts
featured on LinkedIn Pulse. Most articles from Pulse were about careers (42%), then about
business (15%) and self improvement (9.33%) and other (33.67%) which includes technology,
sales & marketing, current events, and productivity.
On average, the articles from Pulse got 1,843 social shares, and only 10% had less than 500 social
shares, which leaves almost 90% with more than 500 social shares. If you are featured on LinkedIn
Pulse, it can bring you a good amount of social exposure. From now on, writing on Linkedin Plan
should be a part of your marketing plan.
If you choose to post a link instead of a text you can link to your business and bring visitors to
your website. Scott Keyes is an example of best practice in this case. He is a reporter for Think
Progress and founder of Scott‟s Cheap Flights. He turned an obsession with cheap plane tickets
into a $1 million business in under 2 years. In 3 months he managed to make $6,188 only by
posting on Reddit. According to what he said, his posting got him 1,000 free subscribers and 250+
premium subscribers.
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Target the Online Communities and Hit 10.000 Monthly Unique Visitors
Online communities are a great way to grow your online presence and to catch insights. Being
apart of an online community has its perks. Being around by people with similar interests and
exchanging knowledge is a good way to develop yourself and the company you are working at.
The best online marketing communities you need to join are LinkedIn, Reddit, Quora, Slack,
GrowthHackers and, [Link], ordered in chronological order. A good example of using the
last two comes from Grow and Convert. The company was born when Devesh Khanal and Benji
Hyam met a few years ago. Since they launched their site, they were active in online marketing
communities, Devesh Khanal on GrowthHackers, on the one side, and Benji Hyam on
[Link], on the other side.
They set up a goal of bringing 40,000 monthly unique visitors in 30 days. As you can see in the
next picture it is not quite like that, but they were able to bring more visitors from online
communities than from organic searches. That is a good start!
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4. E-mail Marketing
Email marketing is the act of sending a commercial message, typically 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 advertisements, request business, or solicit
sales or donations, and is meant to build loyalty, trust, or brand awareness. Marketing emails can
be sent to a purchased lead list or a current customer database. The term usually refers to sending
email messages with the purpose of enhancing a merchant's relationship with current or previous
customers, encouraging customer loyalty and repeat business, acquiring new customers or
convincing current customers to purchase something immediately, and sharing third-party ads.
The email marketing platform PostUp created an in-house case study for one of their clients to
convert inactive subscribers. They built up an automated reactivation campaign and succeeded in
boosting email-related sales by 164%. This is a great example of improving the conversion
optimization of your inactive subscribers.
Eventful created a new approach to automated reactivation campaign where emails included
recommended news based on the previous behavior of the users.
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marketing trends. Most important of all, it requires you to know your buyer persona to deliver
relevant information.
The news company Quartz leads a research by reducing friction in email sign-ups. The changes
they made to the sign-up process was to simplify it by using only an email address for subscription
and moving to double opt-in (the user had to click on a link in the first email they received to
activate subscription) to opt-out. When visitors want to subscribe, they go to a new landing page.
Use Segmentation to Increase Deliverability & Experience 141% Increase in Revenue per
Campaign
If you aren‟t able to use segmentation to target your audience, you won‟t succeed in writing
relevant subject lines. You can use segmentation based on interests, location behavior
consumption, mobile marketing, keyword phrases, lifestyle or other factors.
Lyrics discovered that 4 out of 10 marketers who used segmentation experienced a higher open
rate, 3 out of 10 marketers saw a lower unsubscribe rate and 2 out of 10 experienced better
deliverability and greater revenue.
Increase Your Email Open Rate by 33% with a Subject Line That Triggers Curiosity
Your subject lines are everything when you‟re thinking about the email open rates. Everything
comes from there. The call to action from the subject line must be relevant to your audience. Before
you send the message to your list, think you‟re sending the message to one person, someone you
know. Keep in mind that your message shouldn‟t be cold, no matter the industry you‟re in.
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A study from Informz shows how important a subject line is. 33% of email recipients open
emails are based on the subject line alone.
5. Online PR
Online PR activity is closely associated with improving results from many of the other digital
marketing communications techniques in particular social media, SEO (link-building), partnership
marketing and viral marketing / word-of-mouth marketing.
Online PR can be a great, low-cost technique for making more people aware of your brand or
website, but it requires a lot of hard-work - there are no short corners.
Brand lovers are those who play the role of brand advocates and define the term evangelism
marketing. They are highly satisfied customers and identify themselves with the brand. They are
an asset because they promote the brand waiting for nothing in return. McKinsey and Company
say 70% of purchase experiences are based on how the customer feels. It is bloody important to
provide value and customer fulfillment.
Besides the fact that brand lovers will make sure to tell everyone your product is the best, they
will support you against trolls. Nowadays, people on social platforms are very critical, and a single
wrong comment or tweet can ruin you. Some haters and trolls can make your life a living hell on
the social media. But, thank God for brand advocates!
OldNavy, an American retailer, got socially trolled. The company tweeted an upcoming sale with
an interracial couple image, and then a group of racist people started posting negative tweets about
the brand with hashtags #whitegenocide and #miscegenation. Before the team from Old Navy
began to respond, some advocates of the brand started supporting the company by posting their
own pictures with interracial couples they have in the family. In times of crisis, it is best to have
your brand lovers that can make a powerful statement.
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Built a Strong Customer Following & Get Free Endorsement
Millennials are a socially conscious generation. Embracing a cause might be just the answer you‟re
looking for if your brand addresses the Y generations. If they believe in a cause, they are willing
to pay more and even a premium price. Knowing they give something for a better cause makes
them feel valuable.
The shoe brand TOMS created a campaign based on a cause that brought endorsement from
celebrities and famous people. They created a new concept „One Day without shoes‟, meaning
that for each purchased pair of shoes, another pair goes to a child in need. People from all over the
Globe started a word of mouth campaign and even walk without shoes the whole day.
Charlize Theron became a strong supporter of the cause, alongside a lot of other celebrities, such
as Lenny Kravitz, Chaske Spence and Julia Jones from Twilight, Dawn Olivieri from the Vampire
Diaries, plus Cheryl Tiegs, Gillian Zinser, Jason Mraz, Tara Mercurio and Lacey Chabert, Thomas
Jane, Matisyahu, Living Things and Tory Burch.
Gain Free Media to Get Everyone Talk About You on News and Get 5 Million Views on
YouTube
Earned media or free media is a term that describes all the publicity that is not paid but rather
gained through promotional efforts. Earned media happens when you make people talk about your
brand no matter where it appears. Earned media happens after you make smart and creative ads or
involved in successful real marketing actions, created impactful events and so on.
Avon used a digital marketing tactic that generated massive amounts of earned media. “Choose
Beautiful” reached over 5 million of views on YouTube and the term <Dove „choose beautiful‟>
received more than a million entries on Google. Hundreds of media outlets covered the video;
numerous news websites claimed that “proves beauty is a choice”.
Create Fascinating Video Content to Attract Native Customers & Increase the Conversion
Rate by 80%
Video content started to gain a lot of attention in the past few years. Almost 1 billion unique
monthly visitors are on YouTube, 130 million on Vimeo, 100 million on Dailymotion, 45 million
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on LiveLeak and 42 million on Vine. That is a lot of viewers! Let‟s not forget the social video
part, 100 million hours of video are watched on Facebook, and 82% of Twitter users watch video
content on Twitter. In 2013, Instagram introduced videos in addition to photos and more than 5
million videos were shared in the first 24 hours. Video consumption on Instagram has increased
by 40% in 2016.
According to Hyperfine Media, 90% of users say that product videos are helping them in the
decision process and almost 40% of online consumer trust video ads.
Organizing webinars can produce juicy content. They are great to deliver useful content to your
readers and engage with them. Practically you can give a presentation to them and then discuss to
see their main points. This is a great way to receive hot information, smart insights and see what
topics you can debate on the blog in order to push the leads down the funnel.
Basically you need a microphone, a PC/laptop, and you‟re set. Then use a service like
AnyMeeting or GoToWebinar to connect with your viewers.
Webinars are such and effective digital marketing technique that could bring you 518,399 visitors
and 16,394 leadsfrom 77 webinars as KISSmetrics experienced. Neil Patel, founder at
KISSmetrics, estimated that those webinars generated $1,638,000.
6. Affiliate Marketing
Start Running an Affiliate Program to Monetize Your Website & Get Extra $4500 Monthly
Profit
There are upsides and downsides of an affiliate program in your digital strategy. The upside of this
marketing technique is that it can generate high revenue and the downside is that it doesn‟t work
for all kinds of business.
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For example, the popular web hosting service Bluehost gets new customers through its affiliates.
Shopify uses an affiliate program that rewards its affiliates with $2,400 per sale.
Generate Product Order Increase by 9.8% Through Voucher and Reward Sites
In 2015, the Internet Advertising Bureau (IAB) released the Online Performance Marketing study
showing that 57% of product orders were through voucher and reward sites. Thomas Cook, one of
the world‟s leading leisure travel, developed a campaign based on the use of voucher codes to
encourage users to buy online tickets. They wanted to keep the cost-per-order (CPO) lower than
£65. As a result, the orders increased by 9.8% while the CPO decreased, thus keeping it under £65.
Map out the Affiliates’ Value to Increase the Long Haul Share by 19%
Thomas Cook Airlines has a long activity in the affiliate marketing area, and this led the
company to always improve their marketing strategy. They learned that knowing the values of
their affiliates is highly important. One of their affiliate campaigns had the next objectives:
increase the number of long-haul bookings (meaning the bookings for travelers that last a long
period of time);
A way to do that was to map out the affiliate‟s value. For that, all the bookings from 2014 were
analyzed to see the path to conversion for each affiliate. This helped the company to discover the
CPS and the contribution brought by each affiliate. The results were quite impressive: they kept
the average CPS below 2% of revenue and reduced the cost-per-click by 73% while increasing the
long haul share by 19%. On top of that, they sold thousands of seats from routes that weren‟t
performing well at all.
Reach Over 60% Social Engagement and Advocacy for the Brand with Respected
Influencers through an Affiliate Program
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and guarantees placement on influencer websites for a boutique fashion retailer. The client has
proposed to increase the exposure and advocacy within a short period of time with the help of
influencers.
The campaign raised 63% social engagement in the first week after the big launch. Instagram saw
the highest engagement, with 92% of the social interactions. Pinterest increased up to 6% social
interactions.
Cost Plus World Market is a furniture store that implemented a publisher campaign through an
affiliate program. The online retailer has been in the furniture market for almost 30 years now and
has had more than 100 brands and thousands of products. They implemented a publisher program
with the help of Schaaf-Partner Centric team. Only after 90 days, the company‟s results were
highly visible. The monthly traffic increased by 100.7%, the monthly sales increased by 257%,
and the monthly revenue grew by 177%.
Cost Plus World Market is a furniture store that implemented a publisher campaign through an
affiliate program. The online retailer has been in the furniture market for almost 30 years now and
has had more than 100 brands and thousands of products. They implemented a publisher program
with the help of Schaaf-PartnerCentric team. Only after 90 days, the company‟s results were highly
visible. The monthly traffic increased by 100.7%, the monthly sales increased by 257%, and the
monthly revenue grew by 177%.
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Benefits of Digital Marketing
Reduce cost
Your business can develop its online marketing strategy for very little cost and can potentially
replace costly advertising channels such as Yellow Pages, television, radio and magazine.
Simple to measure
You can see in real time what is or is not working for your business online and you can adapt very
quickly to improve your results. For measuring traffic to your site you can use Google Analytics
to measure specific goals you want to achieve for your website or blog and most packaged email
marketing solutions provide good insight into how many people are opening, reading and
converting from your emails.
The firms have the benefit of attractive to customers in results that can be brought by a medium
rapidly. Online marketing gives a range to them of options to promote their business to the market.
Thus, the technique and overall success of marketing strategies rely on business objectives and the
total amount the business desire to purchase online marketing.
Brand Development
A well maintained website with quality content targeting the needs and adding value to your target
audience can provide significant value and lead generation opportunities. The same can be said for
utilizing social media channels and personalized email marketing.
Greater engagement
With digital marketing you can encourage your prospects, clients and followers to take action, visit
your website, read about your products and services, rate them, buy them and provide
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feedback which is visible to your market. So it doesn't take long for good publicity to enhance the
prospects of your business.
Any business can contend with any opponent regardless of dimension with a strong digital internet
marketing strategy. Typically a smaller store would find it difficult to coordinate the grace of the
accessories of its larger opponents. Online, a sharp well thought out site with a sleek customer trip
and fantastic service is master – not dimension.
Available 24/7:
The World Wide Web never rests and so does Online promotion, enabling business with little
sources to maintain physical 24-hour functions to contend in the electronic industry using Online
promotion resources that can run almost 24 hours a day and 7 days a week.
One of the hazards in Internet marketing is that a particular technique can easily be copied by a
rival, and many have done so with finish ignore for the lawful repercussions their actions may
carry. Pictures or images can be used to mislead customers and take away an important business
from you. Not only that, these can also be used for perpetrating adverse and incorrect information
about your product, products or services that will harm your online reputation – and reduce useful
focused customers.
Just like the growth and growth of online ads, Internet promotion is experienced with a great
process of too many competitors. Digital promoters are not capable of getting into a more powerful
place for the best possible exposure for their promotion and promotion tasks, and with
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the use of too many competitors, will make it even more difficult and expensive to get the interest
of targeted viewers.
Security Issue:
Internet marketing has its own disadvantages which are not noticeable on its experience value. For
a person or client who queries online for products or services, there is a caution not to reveal all
the private information as it might be used against them by unidentified people.
Lack of trust:
One of the significant drawbacks may be a deficiency of believing in of the customers because of
could be exclusive special offers that appear to be scammers. This is a part that declines the picture
and trustworthiness of quality and sincere companies.
Playing Digital marketing contains various restrictions like developing delicate and professional
looking for your website and planning an effective technique. Paid marketing like Search engines
Ad Words, Search engines Ads, and Social Press Marketing is quite expensive, especially for small
enterprise owners.
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Basic difference B/w Traditional marketing and Digital marketing
It is carried out for a specific audience The content is available for general public. It is
throughout from generating campaign ideas up to then made to reach the specific audience by
selling a product or a service. employing search engine techniques.
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DIGITAL INDIA 2016
With each passing day, the growing importance of internet and shifting nature of consumer
engagement is magnifying in the eyes of India Marketers. Digital marketing is no longer a mere
component of the larger marketing strategy; it is now seen as a foundation to marketing.
The scenario is even more encouraging for India where internet using population has risen
phenomenally from 120 million in 2011 to 350 million in 2015. India is second largest in the world
by the number of internet users, after China. The number of smart phone users is also expected to
reach 651 million in 2019 from 140 million in 2014, almost 4.7 times. The future of Digital India
looks promising with Government of India‟s „India Digital Plan‟ 2019*. The plan promises that
250,000 villages in India will have internet and all public places will have Wi-Fi.
With 3.2 billion internet users and 4.4 billion Smartphone users in the world, almost half
of the world can be reached through the digital platform at an unprecedented speed and
ease.
With over 300 million Internet users in the country and another 200 million Indians set to
join by 2017, the Internet is opening up huge opportunities for Indian businesses and
entrepreneurs
The aggression to reach the customer is evident from a survey conducted which tells that
the top e-Commerce websites in India (For e.g. Amazon, Flipkart) currently send at least 3
promotional (excl. the transactional) emails a week to each of its customers.
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HIGHLIGHTS
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2. Online marketing activities that will see increase in investment:
Social Media Marketing remains the most popular Online Marketing activity for the sixth
year in a row and it is steadily growing. However, Email Marketing (40%) and Search
Marketing (43%) remain in top 3 when we compare 2011 to 2016.
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3. Impact of Integrated Campaigns:
More than 80% of India Marketers share that there is an increase in conversion rates as a
direct impact of Integrated Campaign Integrated Campaigns (Email, Social & Mobile) vs.
disparate campaign conversion rates?
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4. Maximizing Customer Engagement:
Social Media updates remain the primary source of Customer Engagement. This is also
reflected in the findings that 48% of the consumers purchasing behavior get affected by
Social Media. Email campaigns are the second choice for customer engagement
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2015-2016 Insights Digital Marketing
The end of June 2015 saw the number of internet users in India grow to 345 million (back in
October of 2013, there were only 205 million internet users. This is an increase of 140 million
users in less than two years).
More than 80% of the India Marketers use technology to power up their marketing.
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2. Primary e-Marketing activity in 2015:
Social Media Marketing (66%), Websites (54%) and Email Marketing (53%).
Search Marketing (52%) and Mobile/SMS Marketing (45%) not left behind.
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3. E-Marketing budget allocated in 2016:
Approximately 36% of India Marketers are not willing to spend more than 10% of their
budget on e-Marketing.
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4. Plan to increase e-Marketing Budget:
A good 21% of marketers are thinking of increasing their budget in e-Marketing by 20%
or more. This is a surprising development for 2016
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Digital (Email & SMS) + (Social Media Marketing) in India
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2. SMS and email volumes sent:
Email is becoming a new favorite of India Marketers with higher campaigns volume when
compared with SMS. 45% of India Marketers use email for their campaigns monthly volume of
50k or more, this is 32% for SMS volumes.
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EMAIL MARKETING TRENDING DATA (2011-2015) + 2016 Forecast
According to the AIMIA 2014 Loyalty Study, 45% of India Consumer responded positively to
email an offer (which is 3x of the US Consumers). For 2016, we see a jump of almost 50% of India
Marketers who will be increasing their investment by 31%-50% in email channel
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2. Effectiveness of Email Marketing:
89% of India Marketers voted for Email Marketing to be an effective tool for their business. We
see 10% YoY growth for India Marketers reporting effort of email work.
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3. Top factors impacting Inbox Deliverability Rate:
Frequency/Volume of Sending are voted by 57% of marketers as the top factor affecting the
delivery of emails, followed by content and sender‟s reputation at 45% and 42% respectively.
India Marketers have also shown an increased awareness on how Blacklists & Sender Reputation
impact Inbox Deliverability Rate.
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4. Email Marketing Practices that Reduce Spam:
Increased Personalization and Targeting remains the most voted practice (63%) by the marketers
to reduce email spam. The other practices are perfecting the title of email (47%), as well as sending
at the most appropriate time (i.e. when you are likely to get the most attention from the audience)
[43%].
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5. Effectiveness of Behavioral Targeting:
For the past six years, almost 50% of our India Marketers have consistently believed that
Behavioral Targeting results in a substantial increase in effectiveness of the email. Almost 87% of
Respondents believe that Behavioral Targeting is useful in some way.
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6. Email viewed on Mobile Devices:
We‟ve been tracking email opens for more than six years, and it‟s remarkable to see how behaviors
have changed over time. Mobile emails were barely a blip on our radars in 2011, and made up just
8% of email opens. Fast forward to 2014, and nearly half of the emails are opened on smartphones
and tablets-a 500% increase in five years. 66% of India Marketers surveyed said that 50% or more
of their emails will be opened on Mobile Devices.
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7. Influence of Social Media on Email Marketing:
The power of Social Media can also be harnessed in order to drive Email Marketing. By creating
social networks, it‟s easy to understand the patterns of your followers, which helps in Behavioral
Targeting. Social Media also provides a face and a structure to who you are, which allows for
more effective and streamlined marketing strategies
In the year 2016, marketers are expecting a considerable impact of Social Media on Email
Programs. The acceleration in growth of subscribers is expected by 31% of Marketers-a 500%
increase from 2015.
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8. Email Marketing Segmentation Techniques:
The 2012 Obama re-election campaign has been talked about the most because of the extremely
well done segmentation. This truly illustrates the importance of segmentation, and how well
marketers observe the underlying common thread in order to pick out similar customers who serve
their end goal.
India Marketers show an increasing performance for Purchase History to be the pivot for Email
Marketing Segmentation.
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9. Performance Metrics for Email Marketing Campaigns in 2016:
Out of the host of metrics used for analyzing an Email Marketing Campaign‟s performance, CPL
(Cost Per Lead) and CPC (Cost Per Click) are the most preferred metric by far. 47% of marketers
surveyed would like to utilize both.
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CHAPTER-2
REVIEW OF LITERATURE
To carry out the comparative study of the traditional and digital marketing and to determine that
which one is better and how this whole phenomena actually works. Under this project the aspects
of traditional and digital marketing are covered.
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OBJECTIVES OF THE PROJECT
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CHAPTER-3
INTERPRETATION
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RESEARCH METHODOLOGY
Research Method
The Research Method used for project is Descriptive method. Descriptive research, also known as
statistical research. Different tables, pie charts are used to show the responses given by
respondents.
Primary and Secondary data collected to carry out the research work
Primary data
Information was collected directly from the interns for the project work. The data collected
during the study included the data collected through questionnaires only.
Secondary data
Information was collected directly from newspapers, magazine and internet about the
companies.
Measurement Technique
Questionnaire
Questionnaire is a formalized instrument for collecting information directly from the respondents.
During this research questionnaire was used as tool for getting information from the companies.
Sampling Method
The sample is selected based on non-probability sampling method. Under this method
Convenience sampling technique adopted.
Sample Size
The sample size consisting of 50 company‟s interns were selected for the study. Questionnaire
will be filled by the interns of the company.
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LIMITATIONS OF THE STUDY
1. This study has been restricted to Bangalore, Pune, Chandigarh, Mohali , Delhi & NCR, Bathinda only.
2. Time factor was the main limitation for the study as the project was restricted to small period.
3. Most of the interns of all the companies were busy and were not willing to answer.
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CHAPTER-4
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DATA ANALYSIS AND INTERPRETATION
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CHAPTER-5
CONCLUSIONS
&
SUGGESSTIONS
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CONCLUSION
The topic of my study was “Study the comparison between traditional marketing and digital
marketing and the objective was to derive and analyze difference between traditional and digital
marketing and to study the various factors which influence both the marketing strategies. I found
that in our country internet users are mounting with each passing day. Due to this, companies are
spending huge amount of their budget on digital marketing, and with each passing day, companies
are shifting from traditional to digital marketing.
Traditional marketing comprises of print ads in newspapers, magazines, billboards, direct mail,
business cards, posters, TV and radio commercials and printed paraphernalia such as brochures or
leaflets. These were effective mediums until the advent of the internet and they are perhaps
somewhat relevant even today, as a miniscule part of a brands marketing strategy. However,
traditional marketing has had its run and is now perhaps approaching the last mile of the race. To
fully appreciate how digital marketing has overpowered the traditional medium, lets look at it
from a different angle; think of it this way, do you still carry the same cell phone you purchased
10 years ago? Or do you still drive the same vehicle that you had purchased aeons ago? Most likely
not. Traditional marketing is somewhat similar to that outdated cell phone, namely it has a limited
audience, it is static and there‟s a time lapse in the communication. Not to mention it is expensive
and manages to reach only a local audience.
Facebook, Twitter, YouTube, Google, LinkedIn and many other Social Medias have emerged as
the transformational new digital marketing tool. What‟s more, these media have seamlessly
integrated into our everyday lives and it can be said that nearly all of us are connected all of the
time. There‟s a real time impact on the personal and professional lives and this has taken a whole
new dimension for corporations establishing their brand presence on the digital stage.
Many organizations are in the process of scratching out traditional marketing and opting for
complete digital advertising campaigns. To what result you may ask? Research statistics suggest
that organisations that have opted out of traditional marketing fall somewhere in the bracket of
140-160%, whereas expenditure on digital marketing increased over 14%. And its not just
advertising that is affected, the digital medium has intrinsically changed the way businesses work
as well, for example, Newsweek, a well-known magazine brand has switched to a digital
publication.
The challenges faced by a digital marketer today are evolving,dynamic and tangible in real
time. Smart digital agencies fully utilize the given mediums, engage and interact with the customer
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with fresh, relevant content, calibrate campaigns if needed and do it at a fraction of the cost as
compared to traditional marketing methods.
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Since Nov 2016, Demonetization has being playing a great role in making our country a cashless
economy. Due to shortage of cash, companies were opted for digital marketing, even our local
vendor have started accepting payments using digital modes. For instance : phonepay, paytm,
mobikwik, payuUoney, freecharge In nov 2016, PAYTM was earning rs. 120 crore per day.
Based on the above discussion it has been found out that through digital marketing we are able to
focus target market in a better way than traditional marketing. The study has also revealed that in
order to utilize the digital marketing in an effective way, the companies are required to design an
effective platform. The transition of newspaper from the printed version to the online version
exemplifies the current trends of the digitalization.
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18. Remaining 12% companies are there, who have dissatisfied and highly dissatisfied
customers.
19. 85% of total respondents believe that digital marketing have growth prospect in the
future.
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Recommendations
India is a mobile first country where the users are using internet with the smaller and portable
screen. 95% of new online users every month are connecting through mobile devices. Yet we see
that for most of the campaigns, content and creatives is first developed and tested on large screens
(desktop) and then deployed on mobile platforms (responsive design). This approach has to change
in 2016 to mobile first (design, develop and deployment) with optimised experience for the
desktop.
3. Marketing Technology:
The combination of data, devices and digital has helped grow the consumer touch points
exponentially. To answer such a demanding consumer, technology empowers today‟s marketers
with platforms, tools and automation that can make real-time marketing a reality. Yet we find
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that most marketers in India are not harnessing the true potential of newer technology. However,
many India marketers continue to deploy repetitive, time-consuming, manual, and often „batch
and blast‟ emailing practices. Consumers are racing ahead in terms of adopting technology, and
India marketers need to reduce the gap in terms of how to effectively use automation on online
platforms.
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CHAPTER-6
BIBLIOGRAPHY /
REFRENCE
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BIBLIOGRAPHY
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CHAPTER-7
QUESTIONAIRRE
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QUESTIONNAIRE
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