Digital Marketing Scope with Reference to Getit in Lucknow Region
Towards partial fulfillment of Master of Business Administration (MBA) School of Management, Babu Banarasi Das University, Lucknow
Submitted by Shivam Singh IIIrd Semester Roll No-1130672087
Session 2014-2015 School of Management
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DECLARATION
I hereby declare that the project work entitled DIGITAL MARKETING SCOPE WITH REFERENCE TO GETIT INFO MEDIA IN LUCKNOW REGION submitted to School of Management, Babu Banarasi Das University as a part of the MBA curriculum, is a record of an original work done by me under the guidance of Ms. Priyanka Chowdhary (FACULTY OF BABU BANARSI DAS UNIVERSITY) and Mr. Ankit Srivastava( DATA MANAGER, GETIT INFOMEDIA, LUCKNOW) and this project work is submitted in the partial fulfillment of requirement for the award of the diploma of Masters in Business Administration. The results embodied in this project have not been submitted to any other university or company for the award of any degree or diploma.
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ACKNOWLEDGEMENT
Knowledge is an experience gained in life, it is the choicest possession, which should not be shelved but should happily shared with others.
With immense pleasure, I would like to present this project report for Getit Infomedia Pvt Ltd. It has been an enriching experience for me to undergo my summer training at Getit Infomedia Pvt Ltd, which would not have been possible without the goodwill and support of the people around. As a student of BABU BANARSI DAS UNIVERSITY, I would like to extend my sincere gratitude and thanks to Mr. Ankit Srivastava( DATA MANAGER, GETIT INFOMEDIA, LUCKNOW), Ms. Priyanka Chowdhary(FACULTY OF BABU BANARSI DAS UNIVERSITY) to shape my understanding towards the project. It was because of their immense help and support that this project has been duly completed.
However, I accept the sole responsibility for any possible error and would be extremely grateful to the readers of this project report if they bring such mistakes to my notice.
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Executive summary
Digital marketing is the process of building and maintaining customer relationships through online activities to facilitate the exchange of ideas, products, and services that satisfy the goals of both parties. In simplistic terms, digital marketing is the promotion of products or brands via one or more forms of electronic media. Digital marketing differs from traditional marketing in that it involves the use of channels and methods that enable an organization to analyze marketing campaigns and understand what is working and what isnt typically in real time.
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Table of contents Certificate from the Organization Bona-fide Certificate of Dean -School of Management Declaration Acknowledgement Executive Summary
Chapters Page Nos. Part I 1. Introduction 2. Company profile a. About organization b. Organization chart c. Aims and objectives d. Any specific information of the organization Part II 3. Objectives of the study 4. Research Methodology a. Method of data collection b. Data Source c. Sample design d. Universe e. Sample type f. Sample size g. Sample Unit h. Hypothesis (if any) i. Statistical tools to be used 5. Problems and Limitations
Part III 6. Data Analysis & Interpretations 7. Findings 8. Suggestions/Recommendations 9. Conclusion 10. Bibliography 11. Appendix
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PART-1
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INTRODUCTION The term 'Digital Marketing' was first used in the 1990s. In the 2000s and the 2010s, digital marketing became more sophisticated as an effective way to create a relationship with the consumer that has depth and relevance. In 2012 and 2013 statistics showed digital marketing remained a growing field. Digital marketing is often referred to as 'online marketing' or 'internet marketing'. The term 'digital marketing' has grown in popularity over time, particularly in certain countries. In the USA 'online marketing' is still prevalent, but in the UK and worldwide, 'digital marketing' has become the most common term, especially after the year 2013. Digital marketing is the process of building and maintaining customer relationships through online activities to facilitate the exchange of ideas, products, and services that satisfy the goals of both parties. In simplistic terms, digital marketing is the promotion of products or brands via one or more forms of electronic media. Digital marketing differs from traditional marketing in that it involves the use of channels and methods that enable an organization to analyze marketing campaigns and understand what is working and what isnt typically in real time. Digital marketers monitor things like what is being viewed, how often and for how long, sales conversions, what content works and doesnt work, etc. While the Internet is, perhaps, the channel most closely associated with digital marketing, others include wireless text messaging, mobile instant messaging, mobile apps, podcasts, electronic billboards, digital television and radio channels, etc.
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Why are people going online? For information on a new product, service or location If they have a question If they are looking for help If they want more information on certain individuals or organizations Meeting attendants Business contacts General information (maybe about you) New employees Available jobs Etc. With the constant growth of the web, and more people getting connected every day, digital marketing has become a necessity for many organizations. This also includes small businesses that wants to trade online and make a name for themselves on the web.
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There are many benefits of digital marketing Over traditional marketing Puts the consumer in control Provides convenience Increases satisfaction Drives brand loyalty Reduces the selling cycle
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Reduces the cost of sales Builds your brand Provides targeted results It is measurable Cost effective Why Digital Marketing Is Important Digital media is so pervasive that consumers have access to information any time and any place they want it. Gone are the days when the messages people got about your products or services came from you and consisted of only what you wanted them to know. Digital media is an ever- growing source of entertainment, news, shopping and social interaction, and consumers are now exposed not just to what your company says about your brand, but what the media, friends, relatives, peers, etc., are saying as well.
And they are more likely to believe them than you. People want brands they can trust, companies that know them, communications that are personalized and relevant, and offers tailored to their needs and preferences. What does digital marketing consist of? Website design (user experience) Search engine optimization (SEO) Pay per click (PPC) Social media marketing (SMM) Email marketing Display advertising (banner ads)
Manage Customer Relationships Across All Channels Digital marketing and its associated channels are important but not to the exclusion of all else. Its not enough to just know your customers; you must know them better than anybody else so you can communicate with them where, when and how they are most receptive to your message. To do that, you need a consolidated view of customer preferences and expectations across all channels Web, social media, mobile, direct mail, point of sale, etc. Marketers can use this information to create and anticipate consistent, coordinated customer experiences
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that will move customers along in the buying cycle. The deeper your insight into customer behavior and preferences, the more likely you are to engage them in lucrative interactions.
Digital marketing objectives One way to make sure you are found on the web is with an optimized digital marketing strategy. Most digital marketing strategies and campaigns have following 5 objectives. Reaching the right audience To engage with your audience To motivate your audience to take action Efficient spending on your campaign
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Return on investment (ROI) Two different forms of digital marketing exist: In pull digital marketing, the consumer actively seeks the marketing content, often via web searches or opening an email, text message or web feed
Websites, blogs and streaming media (audio and video) are examples of pull digital marketing.In each of these, users have to navigate to the website to view the content. Only current web browser technology is required to maintain static content. Search engine optimization (SEO) is one tactic used to increase activity. In 2003, Martin et al. found that consumers prefer special sales and new product information, whereas "interesting" content was not useful. In push digital marketing the marketer sends a message without the recipient actively seeking the content, such as display advertising on websites and news blogs. Email, text messaging and web feeds can also be classed as push digital marketing when the recipient has not actively sought the marketing message. Some of the latest developments include: 1. Segmentation: more focus has been placed on segmentation within digital marketing, in order to target specific markets in both business to business and business to consumer sectors. 2. Influencer marketing: Important nodes are identified within related communities, known as influencers. This is becoming an important concept in digital targeting. It is possible to reach influencers via paid advertising, such as to summarize, Pull digital marketing is characterized by consumers actively seeking marketing content while Push digital marketing occurs when marketers send messages without that content being actively sought by the recipients.
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How digital marketing evolved over the years Back in the day, it was all about search engine optimization (organic search) Build a website Apply the art of on and off page SEO to your website, you build links, you build more links, and you build even more backlinks, focus on the meta-tags, content, etc. You hope it shows up in Google someday You hope it displays on the results with the right keywords (what people are typing in when they search) It was like fishing and hoping you will get a catch. With SEO, PPC was born (paid search) Googles Adwords (3 line ads that show up on the right/top of search engine results) Microsofts Adcenter Yahoos search marketing (Overture) Build ads around keywords and pay for everyone that clicks the ad and visits your site
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The future of the web is social media (Web 2.0)
Challenges Facing Digital Marketers Proliferation of digital channels. Consumers use multiple digital channels and a variety of devices that use different protocols, specifications and interfaces and they interact with those devices in different ways and for different purposes. Intensifying competition. Digital channels are relatively cheap, compared with traditional media, making them within reach of practically every business of every size. As a result, its becoming a lot harder to capture consumers attention.
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Exploding data volumes. Consumers leave behind a huge trail of data in digital channels. Its extremely difficult to get a handle on all that data, as well as find the right data within exploding data volumes that can help you make the right decisions.
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Digital marketing measurement Calculation ROI (return on investment) = [(Payback - Investment)/Investment)]*100 Many tools and systems are available to calculate your ROI and to measure the effectiveness of your digital marketing campaign. ROI tools Google analytics Google webmasters tools Basic google search Google adwords Social media monitoring tools Sentiment analysis tools
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Overview of DIGITAL MARKETING
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Three Keys to Digital Marketing Success So, what does it take to do digital marketing right? Here are three keys to digital marketing success: 1. Manage complex customer relationships across a variety of channels both digital and traditional. 2. Respond to and initiate dynamic customer interactions. 3. Extract value from big data to make better decisions faster.
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COMPANY PROFILE GETIT Infomedia is India's digital supermarket for SMEs to get relevant business leads. We seamlessly deliver excellent value across all media platforms be it Voice, Mobile Applications, Online, WAP, Web chat, Print etc. The services provide presence, enquiries and leads to its advertisers while ensuring end users (consumers) have access to the best information, benefits and offers. Our data power-house backed with the excellent search platform enable us to process advertiser requirements and consumer need instantly. GetIt Infomedia is amongst the largest Digital information and services provider in India with the widest, in-depth listing of businesses and the most extensive reach to SMEs. Our dense geographical reach coupled with our high feet on street (FOS) presence enables us cater to the entire countrys SME requirement. This unique combination has enabled us to become preferred alliance / partners to leading corporate houses like Google, Yahoo, Nokia, most of the leading telcos like Airtel, Tata, Reliance, Idea and many more. in addition to growing our business by more than 100% in the last few years through both organic and inorganic route. Our recent integration of Infomedia (erstwhile publishing division of Network18 group) has further strengthened our position within the industry. We currently operate out of more than 100 cities in India with more than 1000 FOS catering to the need of the local SMEs and consumer. We are the leading provider of Mobile Applications in India for local search with over 1.5 million consumers using our Apps across various devices/platforms including iOS, BlackBerry, Symbian, Java, Android and Windows Phone. GetIt Apps is one of the top few hot down loaded Applications within the country. GetIt Infomedias Transnational Division is poised to cater to the international SME requirements across the digital platform. We have set up our first Transnational Operation in Malaysia.
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Through GetIt Bazaar, Online Shopping Indian Style we recreate the great Indian shopping experience online. Defined by its simple, easy to use buying process with basic Indian features, we are a bazaar with many stores from across India. Buyers can see products from multiple stores and buy their choice of product with great value offers from the store of their choice.
Vision: To provide most relevant and effective for buyers to connect with sellers, effortlessly and profitably.
Relevant: The functionality and user experience of Getit products and services is customized for each medium (print, voice, online, mobile) and category (furniture, computers, entertainment etc.). We strive to bring out the best user experience for each medium. Similarly, the information and the data fields presented are always relevant to the category being searched.
Effective: We constantly improve the effectiveness of our services by striving to maximize the number of satisfied transactions facilitated by our platforms. Effectiveness is not measured in terms of the number of calls or clicks that we may generate for our clients but by the percentage of conversions that we eventually catalyze. Similarly, for our users, we strive to present the most appropriate vendors that match their queries. Emphasis is on the quality of the match,not just the quantity.
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VALUES:
Fair: We intend to conduct all our business, transactions and relationships in a manner that is fair to all parties and stakeholders.
Care: We endeavor to have the element of `care` in all our relationships. These include relationships with all stakeholders customers, Getit family members, investors. As a philosophy, care must form a part of all our dealings, even with the external environment and animate or inminate objects.
Share: We believe that true value is created when like-minded people with common objectives, values and vision albeit with complimentary skills come together for a common mission. We are happy to share with all key stakeholders.
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OUR PRODUCTS
GETIT.IN
Looking for dealers for household appliances, hobby classes, furniture or maybe dealers for industrial generators or anything you wish? Your search ends here with Getitit!
GETIT BAZAAR
GetitBazaar "Online Shopping Indian Style" is an effort to recreate the great Indian shopping experience online. Defined by its simple, easy to use buying process with basic Indian features, we are a bazaar with many stores from across India. Buyers can see products from multiple stores and buy their choice of product with great value offers from the store of their choice.
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OUR PROPOSITION Getit Bazaar is a unique online Bazaar that brings you the flavor of authentic local shopping from across the various specialties of India. So, even if you are in Kanyakumari, we ensure that you get your fill of lovely cotton sarees from Kolkata or if you are in Kashmir, you can order yourself a Hyderadi Biriyani, right from Hyderabad. What's more? At Getit Bazaar you can even bargain just like your local markets.
GETIT BESTPRICE
Getit BestPrice is a one stop online platform for sellers to offer their products or buyers to post their requirements to get the best quote. Getit BestPrice generates more relevant and verified buying requirement for sellers across the globe. It offers sellers to bid for the most suitable buying requirement and offers transparent transactions. It also helps sellers to check the buyers buying patterns, build buyers contact database, save transaction history and manage the purchased buy leads. It assists buyers to get the best and lowest quote amongst top sellers.
Key Features Reach prospective buyers with the help of genuine and verified leads. Buyers to post buying requirements for FREE. Manage leads online. Easy-to-use interface. Create sell alert. Store purchased leads history online. Get instant alerts through SMS and e-mail.
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Create buyers database by using their contact information. Buyers can get the best business quote from top sellers. Why to Choose Getit BestPrice Selling through online Getit BestPrice has advantages for both large and small businesses: Reach New Customers - Helps businesses to reach their enormous new customer base. Transact Globally Allows companies to reach beyond their geographical marketplace. Generate Verified and Relevant Leads Receive more relevant and verified leads. Get a Competitive Quote Get the best and lowest quote amongst top sellers. View and Buy Getit BestPrice allows you to view buyers requirement, specifications etc. then you choose to buy or bid for lead.
GETIT ETOPUP
Getit etopup is a reliable mobile and other devices recharge service from Getit Infoservices Pvt. Limited.
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GETIT FREEADS
GETITFREEADS is an online, voice and print advertising Service that provides a platform to its users to buy, sell anything. The Buy. Sell. Anything theme of the website empowers the consumers with simple, convenient and credible solutions for buying & selling various products/services. What makes our service different from others is its USP that provides placement of ads absolutely free for individuals unless they are promoting any business. Consumers can place free ads in various categories like Vehicles, Properties, Jobs, Household goods, Education/Tuition, Business/Service, Computers/mobile, Health/Holiday and Personal, making buying and selling easy and effective. Mr. Sidharth Gupta, CEO of Getit group, took the initiative to introduce Indias first print classifieds, getitFREEADS, in four major cities including Chennai, Bangalore, Hyderabad and Kolkata. Our Online Ad Solution getitFREEADS is an online advertising platform where-in we provide the clientele a service to search for products as well as to post ads on our website,www.freeads.in . Our service encompasses the term advanced classifieds. Website consists of wide classification of products and services. Classification ranges from vehicles, Jobs, Property/ Real estate, Household items, Computers/ Office equipments, Health to Education search and much more. getitFREEADS offer an online platform/portal to buy and sell your old products to people locally and nationally. It also offers a reliable platform to post free ads in multiple categories. Free classified ads imply that individual users can avail this buy, sell, anything service for free. We assure you that all the ads placed and contact details of an advertiser are very much authentic. Our Voice Solution Our 24x7 voice service, available at 0444-444-4444, provides right answers and gives users access to ask for products/services or post ads in multiple categories. It also provides relevant and updated search results. It is easy for people at home, at work, or on-the-go to receive information about products and services, matching their queries. Our Print Solution With the introduction of print classifieds, getitFREEADS has become the hub in the South market for all the buyers and sellers of different categories/industries available locally and nationally. All the ads placed and contact details of an advertiser are very much authentic.
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Our purpose is to connect potential buyers with genuine sellers through our platform. Our organization is armed with professional and experienced staff having a common aim to touch the scope where our potential may fruitfully meet with the requirements of our clients, that too with ultimate precision and cost-effectiveness. Our vision is that getitFREEADS will be recognized and respected as professional, innovative, profitable information, and knowledge based online advertising and classifieds platform. Why Us? It is available in multiple channels - Print, Online and Voice All ads are placed absolutely free by individuals unless and until they are not promoting any business. Users can buy, sell, anything through this safe, secure and simple to use platform. Products and services have been divided into multiple categories making the website convenient for users. getitFREEADS Delhi is a member of ICMA- INTERNATIONAL CLASSIFIED MEDIA ASSOCIATION. *getitFREEADS is a product of umbrella brand Getit, a part of one of the oldest and leading media houses of India, Tej Bandhu group-established in 1923.
HOTDEALS
With latest deals from across India, Hotdeals provides deals on dining, travel, health, fitness and hundreds of categories on-the-go with both email and mobile apps! We bring you the best services and brands at your fingertip at the best possible prices. Hot deals aims at making life more fun for consumers. Being India's best daily deals website, we bring to you up to 90% discounts on dining, health and beauty services, travel and more. Our vision is to make Hot deals your engine of discovery for what to do, eat and buy in your city. With daily deals in close to 100 cities, we ensure that we reach consumers in every nook and corner of the country.
Getit is Indias leading Directional Media and Classified Media company, connectingbuyers and sellers throught information products
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and services - including yellow pages, white pages directories, classified media, tele-information services, online and mobile media. GETIT offers comprehensive, reliable and relevant information solutions across all media, becoming the preferred destination for buyers and sellers, aided by easy-to-use interfaces across print, voice, online& mobile platforms. GETIT has continually improved its product offerings and is widely accepted as the industry leader in the directional media, yellow pages and search segment. GETIT has developed a brand new categorization system and has completely revamped the usability experience of its products. The new categorization provides a superb environment for advertising for businesses and make it much easier to search for information for the user. Getit has products in local search and classifieds. GETIT has built a strong national infrastructure and professional team that delivers a high quality of service, offering value for money. The company has a strong network of over 30 offices around the country with employee strength of over 1000. Over the years GETIT has introduced many award winning features in its products to simplify the search experience. In this regard, our new online interface allows efficient filtering of information to arrive at the most relevant results, almost instantly
TRADEGET
Tradeget is the leading B2B Website, where one can find enormous business resource and information in the field of international trade. Tradeget is committed to make the international trading experience as simple and efficient as possible for manufacturers, exporters, suppliers & buyers. Our site offers you services and tools that will alleviate your trading relationships and nurture a sense of community among the like-minded business individuals. Our user-friendly online medium offers cost-effective options for promoting exporters, manufacturers, suppliers and their services all around the world.
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Tradeget provides global buyers and sellers with an integrated business solution to initiate and expand international trade. We will open up a totally new world to you and you will surely find what exactly you need! What is Tradeget? Tradeget is an endeavor to empower your business through the world-wide-web, connecting you to national and international Distributors, Manufacturers and Service Providers. We work as a channel among the global buyers and sellers providing you an opportunity to initiate the expansion of your business and promoting your profile to the international traders. Tradeget is offering an integrated business solution to take your business to a new height. Our customized services are aimed at complete promotion of your business at an international level. In addition to your presence on our platform we promote your URL, and also help the buyers and sellers to find you in the most efficient and quickest way possible. Our powerful business platform enables you to Find information, communicate and transact with buyers and sellers Promote/ advertise your company Generate business offers/leads Source products and information Communicate with customers Online product showroom / web presence 24 x 7 What you get from our B2B Portal? Search, communicate and transact Promote/advertise Generate business offers/leads Source product & information Online product showroom Web presence 24x7
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ASKME
AskMe, the flagship product from Getit Infomedia, is your one stop destination to find information related to anything and everything; be it restaurants, travel, matrimony, jobs, education, mobile, gadgets, etc. We cater to your immediate and impulsive requirement of information on mobile, internet and voice. AskMe has an extensive directory of information from across India that is both accurate as well as diverse. AskMe, launched in June 2011, is available 24X7 for consumers across all in India. Users can call on 4444 4444 44 (10 times 4) or logon to www.askme.com for information on companies, products, and services. AskMe Voice service boasts of an extremely consumer friendly call flow, which works to ensure that the customer gets real-time and accurate information. As a business, you can reach your customers whenever and wherever they are looking for you using our robust and cost-effective service which is available across channels viz. mobile, internet, print and voice.
GETIT MALLS
GetitMalls is the an information portal from Getit servicing the Mallgoer in Tier 1/2/3 indian cities. It aggregates information about all malls, its retailers and ongoing promotional schemes. The portal allows a user to search for a mall/store based on Location, brand and category. It has many user friendly features such as map based mall/store locator, city specific individual mall and store pages, list of amenities in each mall, listings under each store, running promotions under malls and stores etc. GetitMalls can be accessed online (www.getitmalls.com).
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ASKME FASHION
ASKMEONFASHION.COM is a fashion community which hosts a number of ecommerce of portals. This website/site and the related services provided on Askmeonfashion is owned, created, controlled and operated by Getit Infoservices Private Limited referred as Askmeonfashion.
GETIT ASKME WEDDINGS
Wedding is the most beautiful moment in everybodys life and we at Askmeonweddings help you in making your wedding moments memorable. From wedding planning to honeymoon tips, we believe in giving complete and reliable information. The online stores at our community offer a different experience of online wedding shopping. So you dont have to run for anything. Askmeonweddings is an online platform that provides you extensive information at one place. You can plan your dream wedding with an ease by leaving all your worries behind.
What you can do at Askmeonweddings: Join the wedding community Plan your Wedding Day as per your budget Calculate your Wedding budget Buy wedding costumes, bags, and accessories Get wedding checklist Add guests to Guests List Create wedding albums Find vendors and wedding planners
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Get the best wedding deals Attractive honeymoon deals available Information on trendy wedding outfits Insight on functions and rituals Pick a right wedding venue Plethora of wedding gifts to gift to the newlywed Get the best wedding tips on beauty, costumes, shopping, travel and more Find transport services Select and send wedding e-cardsto family and friends Plan a wonderful honeymoon trip Wedding and marriage advices and tips from experts Share your wedding and marriage stories Share wedding and marriage jokes, poems, cartoons and more
GETIT EDUCATION
Getit Education is an online community that offers comprehensive information of various aspects of education in India and abroad. It helps students to make a bright career by giving them a deep insight into all colleges, institutes and universities across the globe. It provides inclusive information about courses like Diploma, Graduation, Post-graduation in a range of education domains like Arts & Science, Medical, Engineering, Management etc.
In a nutshell, Getit Education is one of most comprehensive education communities available today on the web to supremely cater students on education in India and abroad.
What Getit Education offers to students? It offers information of various courses, fees structure, and qualification norms of many universities in India and abroad. It offers previous-years test papers of various exams to facilitate better preparation for students. The community offers precise time-table and information of various entrance tests/exams conducted across India and abroad.
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It provides application forms of various exams to offer convenience and sense of ease to students. The community gives students an opportunity to search colleges and institutes in many Indian cities to pursue their dreams and make a bright career.
Jaspreet is a Chemical Engineer and an MBA in International Business from Indian Institute of Foreign Trade. He has over 18 years of experience in business leadership, sales and marketing, business turn-around, and entrepreneurial startups. His interests and experience is spread across Digital, Mobile, Retail and Telecom businesses largely in the Consumer space.
Over the last year, he has been working across the tech start-up ecosystem, and has invested, advised, mentored and incubated half a dozen tech start-ups. Before that, Jaspreet spent six years with Microsoft India heading their Internet business for the first three years, and the Retail, Entertainment and Devices business for the next three. Jaspreet started his career with the Tata Administrative Services (TAS), and spent eleven years with the Tata Group, across the FMCG and telecom businesses of the Group. He also was part of the startup team, as the COO of Baazee.com (now EBay India). At Microsoft, he was awarded the Microsoft Retail Platinum Polaris Award 2011 for Management Excellence, the single highest recognition in Retail in Microsoft globally and was recognized as among 'The Top 25 Young Managers in India' by
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Business Today, India's largest Business Magazine and has represented the Internet, Media and Entertainment industry in key Industry forums and associations such as ex- Vice Chairman of the Internet and Mobile Association of India (IAMAI), Member of FICCI Media & Entertainment Committee. He has been a keen quizzer having been the National champion in Brand Equity Business Quiz thrice, and is a voracious reader, keen traveler, innately curious, reasonably humorous and maverick.
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INTERNATIONAL PROJECTS Getit Transnational Private Limited is the subsidiary of Getit that manages its international operations. To kick start its ambitious growth plans Getit has embarked on a journey to expand its horizon and tap the huge potential of its products and services in South East Asia and MENA markets. Currently Getit is in discussion with Telcos in different countries to partner with them and deliver local search, Classifieds, Deals, Best Price, Getit malls , Micro Communities, GetitBazaar to their subscribers in respective countries. With this service, the consumers will be able to access these services on their mobiles using WAP, SMS, Applications, USSD and Online mediums. Malaysia is the first market where Getit shall be launching its services very soon. Getit has signed an Agreement with a Malaysian Telco to launch its services for the Malaysian market.
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INFOMEDIA Infomedia is a platform that provides commercial information such as directories, publishing, printing solutions and direct marketing solutions via its B2C and B2B platforms. In other words through Infomedia we enable our consumers with local search (print, voice, online) magazine publishing and printing services. Key brands comprise Infomedia Yellow Pages, Ask Me (local search), Burpp! (city guide), Industry and Exporters trade guides. From an in-house printing unit for the Tata Group, commonly known as the Tata Press in 1966, the company made its transition to become publishing house and was renamed Tata Infomedia in 2000. In 2003, Tata marked an exit from the board and their share was bought by ICICI Venture. Post the buyout, the company was renamed Infomedia India. Network 18 Group through TV 18 acquired the controlling stake in Infomedia in December 2007 from ICICI Venture for equity value of ~USD 100 million and renamed the company as Infomedia18. GetIt Infomedia INFOMEDIA18 BUSINESS STRUCTURE The "Infomedia local search businesses" consists of the following: Print: Infomedia Yellow pages and All B2B and B2C directories. Online: All Online properties related to Yellow Pages and B2B/B2C directories Voice : Ask me service- All India unique numbers "04444444444", and "Askme.com"
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PART-2
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AIM OF THE STUDY
The aim of study is to ascertain that how much merchandisers are aware of Getit brand and do they prefer it over its competitors in the world of digital marketing.
OBJECTIVE OF THE STUDY
To study the awareness of Getit brand among clients or merchandisers. To study the impact of market strategies on acceptability of Digital Marketing. To analyze how market research can help in enhancing the brand value. To understand the expectations of a merchant from a digital marketing. To understand the consumer expectations from a digital marketing, according to merchant's point of view. To analyze the areas through which merchants and consumers can be made aware about Getit.
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SCOPE OF THE STUDY This study will help the organization in ascertaining the importance of market strategies on creating awareness and acceptability of the digital marketing among merchandisers. The study will also enable the company in improving the promotional activities to capture the good and huge market share. This study also helps the management to know whether they are lacking to their competitors and they can take measures to improve their products. This study will help a management to know about the merchant expectations and the consumer expectation from merchant's point of view from a digital marketing - this will help them to increase the acceptability of the store among merchants by fulfilling those expectations. Background of the study This project is basically to check the level of awareness and the likeness to accept the contract of the Getit infomedia digital marketing among the merchants 1. To make the merchants accept the contract and to make them aware about the digital marketing, the company wanted the employees and management trainees to physically approach to the merchants all over the country under their regional offices. I was allotted Lucknow region. There I have visited the following towns: Hazratganj Lekhraj Latouche Road Gautam Budh Marg Indranagar
I. According to Getit, Lucknow region has such much potential prospects for the company who can be interested in contracting with Getit Infomedia and can be a seller on the Digital Marketing and can even opt for the paid services of it.
II. In addition to this, the merchants were asked to answer several questions in the form of questionnaire about the preference among several online marketing stores and how they know about those several store and what they expect in an digital marketing which will make them accept this contract with the company. These data formed the main basis of the study. Various analysis like brand preferences, merchant expectations, consumer expectations, pricing analysis with its competitors a merchant review and many more were analyzed. 2. Collecting a large number of merchants(sellers) for the Getit, this in marketing perspective is increasing the awareness and acceptability among merchants and consumer, which will in turn lead to increase in sales, expansion and growth and more customer satisfaction and visit the store.
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Method of data collection Data Collection: Primary Data: It has been collected by a structured questionnaire and also through observations, interviews and discussions with the merchandisers by visiting their store.
Secondary Data: It was collected through different websites,company brouchers and manual of the company. Data Source The sources of the data were all the merchandisers who were running there business by opening a store at particular place in Lucknow city. A structured questionnaire has been prepared for conducting the research. It has been kept in a proper framework to make it clear to the merchandisers. The questionnaire comprises of both open ended and close ended questions. A sample questionnaire has been attached in the report. Sample design
SAMPLE PLAN: Any sampling process starts from defining the problem and ends with final selection of the sample. SAMPLE SIZE: Out of the total strength the sample taken among merchandisers is that of 1000 respondents.
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SAMPLING TECHNIQES: The techniques used is convenient sampling
SAMPLING AREA: The research was conducted at Getit Infomedia,Lucknow.
SAMPLE METHOD: The research was made by the survey in accordance to the convenience of the merchandisers. So the sample type is convenient sampling. Statistical tools to be used We have used many statistical tools to make it more understandable like, Pie charts Bar charts Other diagrammatic and pictorial representation Were apllied in this research in order to derive conclusion .
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Problem and Limitations of the study 1. Acceptance of Getit Infomedia by the merchandisers was not that much satisfactory. 2. Awareness about Digital Marketing among the merchants of the area allotted was very low. 3. Merchants were not paying attention in filling questionnaire . 4. Merchants were not so responsive. 5. Merchants were not so cooperative. 6. Many of the merchants doesnt want to enter in to the world of digital marketing. 7. Some of the merchants didnt even heard about the online promotion or digital. 8. As the merchants heard about the product which are paid services they imadietly refuse in listening even. 9. Most of the merchandisers was not interested in any kind of digital marketing.
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PART-3
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DATA ANALYSIS AND ITS INTERPRETATION
Business Type : S.No. Topic Percentage (%) 1 Manufacturer 5 2 Service Provider 20 3 Dealer/Retailer 60 4 Agent/Franchisee 5 5 Institute 5 6 Wolesaler/Distributor 5
Interpretation : It has been observed that a majority of a 60% of respondents have agreed into Dealer/Retail business, 20% in Service Provider, 5% in Manufacturer, Agent/Franchisee, 5% of respondents have Institute and other remaining 5% respondents said wholesaler/Distributor. 5% 20% 60% 5% 5% 5% Manufacturer Service Provider Dealer/Retailer Agent/Franchisee Institute Wolesaler/Distributor
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1).Have you ever used services of any these companies? S.No. Topic Percentage (%) 1 Just Dial 60 2 Sulekha.com 7 3 Ask Laila 1 4 Zatse 2 5 Ask me 5 6 Getit infomedia 25
Interpretation : The above graph shows that the 60% respondents uses the services of Just Dial, 7% respondents uses the services of Sulekha.com, 25% respondents uses the services of Getit Infomedia , 2% respondents uses the services of Zatse, 5% respondents uses the services of Ask me and other 1% respondents uses the services of Ask Laila. 60% 7% 1% 2% 5% 25% Just Dial Sulekha.com Ask Laila Zatse Ask me Getit infomedia
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2) How was your experience in Getit infomedia.? S.No. Topic Percentage (%) 1 Not Good 5 2 Satisfactory 30 3 Good 25 4 Very Good 30 5 Excellent 10
Interpretation : 5% respondents said that the experience with Getitinfo media was Not good, 30% respondents said that the experience with Getitinfo media was Satisfactory, 25% respondents said that the experience with Getitinfo media was Good, 30% respondents said that the experience with Getitinfo media was Very Good and 10% respondents said excellent experience with Getitinfo media.
5% 30% 25% 30% 10% Not Good Satisfactory Good Very Good Excellent
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4). Are you aware of get it info media? S.No. Topic Percentage (%) 1 Yes 45 2 No 55
Interpretation : 55% respondents are not aware about the getitinfomedia, and 45% respondents are aware about the getitinfomedia, they know the brand very well.
45% 55% Yes No
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5) Have you ever used any services of getit infomedia?
S.No. Topic Percentage (%) 1 Yes 30 2 No 70
Interpretation: 70% respondents are not used any services of getit infomedia and 30% respondents are used various type of services of getit infomedia.
30% 70% Yes No
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6) Were you satisfied with the services of getit infomedia?
S.No. Topic Percentage (%) 1 Yes 45 2 No 25 3 Can't Say 30
Interpretation : In the above table & graph, 45% respondents satisfied with the services of getit infomedia and 25% respondents are not satisfied with the services of getit infomedia and other remaining which can't say about the services of getit infomedia.
45% 25% 30% Yes No Can't Say
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7). Do you know of infomedia yellow pages?
S.No. Topic Percentage (%) 1 Yes 60 2 No 40
Interpretation : In above table and graph shows that 60% respondents were know about infomedia yellow pages, 40% respondents were not aware infomedia yellow pages . 60% 40% Yes No
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8) Which company provides better services, than getit infomedia?
S.No. Topic Percentage (%) 1 Just dial 65 2 Sulekha.com 10 3 Ask me 20 4 Zatse 5
Interpretation : 65% respondents said Just Dial company provides much better service as compare to getitinfo media, 10% respondents said Sulekha.com provides better service as compare to getitinfomedia, 20% respondents said Ask provide better services and 5% respondents said Zatse.
65% 10% 20% 5% Just dial Sulekha.com Ask me Zatse
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10) Which companies services are cheapest and best?
Interpretation : 40% respondents said Just Dial services are cheapest and best, 20% respondents said sulekha.com services are cheapest and best, 10% respondents said Ask me services are cheapest and best and 25% respondents said Getitinfomedia services are cheapest and best and 5% said Zatse. 40% 20% 10% 25% 5% Just dial Sulekha.com Ask me Getit infomedia Zatse
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11). Which services of getit infomedia do you prefer?
Interpretation : 30% respondents said online advertising service of getit infomedia, 40% respondents said WSP (Web Starter Pack) service of getit infomedia, 25% respondents said Ask me doctors and 5% Online yellow pages service of getit infomedia.
12) When are you interested for pay the getit services?
S.No. Topic Percentage (%) 1 Now 60 2 3-6 months 10 3 1 Years 5 4 Not interested 25
Interpretation : 60% respondents said now interested to pay for the getit services , 10% respondents said after 3- 6 months to pay for the getit services, 5% respondents after 1 years and 25% respondents said not interested to pay for the getit services.
60% 10% 5% 25% Now 3-6 months 1 Years Not interested
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FINDINGS
Following are the findings which are given below : It has been observed that a majority of a 60% of respondents have agreed into Dealer/Retail business, because they were not aware about the brand and also digital marketing .
It has been observed that the 60% respondents uses the services of Just Dial, because the marketing strategy of just dial was very good on approaching for the basis of digital marketing.
It has been observed that 30% respondents said that the experience with Getitinfo media was Satisfactory, 25% respondents said that the experience with Getitinfo media was Good, 30% respondents said that the experience with Getitinfo media was Very Good and 10% respondents said excellent experience with Getitinfo media.
It has been observed that 55% respondents are not aware about the getitinfomedia, again the marketing strategy of getitinfomedia was not very good. It has been observed that 70% respondents are not used any services of getit infomedia. In the above table & graph, 45% respondents satisfied with the services of getit infomedia and 25% respondents are not satisfied with the services of getit infomedia and other remaining which can't say about the services of getit infomedia.
It has been observed that 60% respondents were know about infomedia yellow pages, 40% respondents were not aware infomedia yellow pages .
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It has been observed that 65% respondents said Just Dial company provides much better service as compare to getitinfo media, 10% respondents said Sulekha.com provides better service as compare to getitinfomedia, 20% respondents said Ask provide better services and 5% respondents said Zatse.
It has been observed that 40% respondents said Just Dial services are cheapest and best, 20% respondents said sulekha.com services are cheapest and best, 10% respondents said Ask me services are cheapest and best and 25% respondents said Getitinfomedia services are cheapest and best and 5% said Zatse.
It has been observed that 30% respondents said online advertising service of getit infomedia, 40% respondents said WSP (Web Starter Pack) service of getit infomedia, 25% respondents said Ask me doctors and 5% Online yellow pages service of getit infomedia.
It has been observed that 60% respondents said now interested to pay for the getit services , 10% respondents said after 3-6 months to pay for the getit services, 5% respondents after 1 years and 25% respondents said not interested to pay for the getit services.
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SWOT Analysis Strength 1. Diverse business areas spread across Local Search, Magazine Publishing and Printing services 2. Into building India's best local business search engine accessible via Voice, Internet, Mobile and Print 3. Market leader in Indias publishing industry 4. Listed on both NSE and BSE 5. Entered into a Joint Venture (JV) with Reed Business International, arguably the worlds largest B2B publishers 6. They have also tied up with Google, Nokia and STAR India with a view to transcending media platforms and strengthening their position as a comprehensive directories and publishing solutions provider Weakness 1. Company lacks using advertisement as source of revenue 2. Copyright infringement is a concern 3. Adverse outcome in economic and political conditions Opportunity 1. Invest in new technologies and application 2. Growth of media and entertainment sector
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3. Technological advances 4. Involve with subsidiaries to take up new business opportunities 5. Regulatory reforms by government Threats 1. Changes in laws and regulation relating to printing sector 2. Regulatory changes and technological advancement 3. Intense rivalry amongst competitors 4. Taste of viewers / audience of entertainment industry may undergo changes 5. Changes in political and social condition in India, the monetary policy of India and inflation 6. Unanticipated turbulence in interest rate Competition Competitors 1. HT Media 2. Jagran Prakashan 3. Infomedia Press 4. Next Mediaworks
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RECOMMENDATION Getit should adopt aggressive marketing strategies in order to promote its brand. It should invest in advertisement, sales-promotion, enhance the quality of its products so that it could attract more merchandisers. Company should look into matters like promotional tools, delivery duration, payment modes and merchandiser's convenience so that trust of merchandisers can be maintained. Company should look into matters like promotional tools, delivery duration, payment modes and merchandiser's convenience so that merchandisers can be more satisfied with the brand and thus merchandisers satisfaction would definitely lead to increase in brand value or Brand Image. Should maintain transparency so that trust of merchandisers can be maintained Should also focus more on ethical issue like security, privacy and reliability. Should add more mercyhandisers to add more variety of products. Must provide the packing material to the merchants. Must promote through ATL-BTL activities and through Television and Newspaper.
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CONCLUSION As the market size of Indian Online retail is growing at an annual rate of 35% . And as per some reliable industry report, India is going to be the third largest nation of internet users in the next two years.
This will provide a expansion to the company in their product GETITBAZAAR as the scope of online retail in India is in boom and if the company implements improved marketing strategies to increase it awareness, then in the upcoming time Getitbazaar will be one of the most accepted store in India.
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GETIT INFOMEDIA QUESTIONNAIRE FOR SURVEY Name of customer.. Contact no.. Business type. 1).Have you ever used services of any these companies? (a). Just dial (b). Sulekha.com (c). Ask Laila (d). Zatse (e). Ask me (f). Getit infomedia 2) How was your experience? (a). Not good (b). Satisfactorily (c). Good (d). Very good (e). Excellent 3). If not (please specify the reason for the experience.. 4). Are you aware of get it info media? (a). Yes (b). No 5) Have you ever used any services of getit infomedia? (a). Yes (b). No 6) Were you satisfied with the services of getit infomedia? (a). Yes (b).no (c). Cant say 7). Do you know of infomedia yellow pages? (a). Yes (b). No 8) Which company provides better services, than getit infomedia? (a). Just dial (b).sulekha.com (c). Ask me (d).getit infomedia (e). Zatse
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10) Which companies services are cheapest and best? (a). Just dial (b).sulekha.com (c). Ask me (d). Zatse (e).get it info media 11). Which services of getit infomedia do you prefer? (a). Online advertising (b). WSP (c). Ask me doctors (d). Online yellow pages 12) When are you interested for pay the getit services? (a). Now (b). 3-6 months (c). 1- Years (d). Not interested 13). What do you expect from getit infomedia? (Please specify.