Bba Final Project 1
Bba Final Project 1
on
BY
12A129721205
Submitted to
ARUNODAYA UNIVERITY
NAHARLAGUN, ITANAGAR,
The successful completion of the project would not have been possible without
the guidance and support of many people. I express my sincere gratitude to
Srinivas, SEO specialist, for allowing to do my project at DSV AIR SEA.
I thank the staff of DSV AIR SEA , for their support and guidance and helping
me in completion of the report.
I am thankful to my internal guide Dr. Sheelan Misra, for his constant support
and inspiration throughout the project and invaluable suggestions, guidance and
also for providing valuable information.
NIKUNJ JOSHI
12A129721205
TABLE OF CONTENTS
7 Bibliography 54
Executive Summary
DSV AIR SEA has emerged as one of the best online media companies in the
Indian marketplace. The company offers a plethora of services in all online
media platforms. The offerings include marketing and consulting on Facebook,
Twitter, LinkedIn, YouTube, and Google. Though the company was started
only two years ago, it is way ahead of most of competitors through its relentless
pursuit of perfection and enormous amount of creativity which they put in their
work. The firm worked with multiple brands on social media and currently have
4 out of Top 30 brands in Facebook India.
DSV AIR SEA started in 1984 as a full-service professional web design firm
specialized in responsive website design and development in DENMARK. In
2016 company expanded its wing to Web Based Software Development.
DSV AIR SEA is a DENMARK No.1 Web Solutions Company which offers
cost effective quality Service to various clients by providing solutions to their
business strategies using World wide web. From domain booking / registration
to website hosting, from custom web designing of HTML or Flash sites,
multimedia presentations, portals, vortals to maintenance and backend services.
The project was in the marketing department of DSV AIR SEA . The project
was “A study on digital marketing and its impact on revenue generation with
reference to DSV AIR SEA ”. This report will help to get an idea about digital
marketing and how the digital marketing has impact on revenue generation for
digital marketing companies and with reference to DSV AIR SEA . Through
this study we will see how online media companies emerging how they are
generating revenue and how they are growing economically and revenue
generation models of online media companies particularly reference to DSV
AIR SEA .
Main findings of this internship are given here. Indian customers are highly
information seekers. They collect more information about a product before
buying it. Internet penetration
in India is key player for this phenomenon. Most of Indians are getting stimulus
through advertisements, but they are not reaching to end phase of customers
purchase journey, mainly in high involvement purchases. Brands are getting
more touch point to reach their target group in this digital era. More details
about findings are given this report.
Chapter 1
Digital marketing is the component of marketing that utilizes internet and online
based digital technologies such as desktop computers, mobile phones and other
digital media and platforms to promote products and services.
As digital platforms became increasingly incorporated into marketing plans and
everyday life, and as people increasingly use digital devices instead of visiting
physical shops, digital marketing campaigns have become prevalent, employing
combinations of search engine optimization (SEO), search engine marketing
(SEM), content marketing, influencer marketing, content automation, campaign
marketing, data-driven marketing, e-commerce marketing, social media
marketing, social media optimization, e-mail direct marketing, display
advertising, e–books, and optical disks and games have become commonplace.
Digital marketing extends to non-Internet channels that provide digital media,
such as television, mobile phones (SMS and MMS), call-back, and on-hold
mobile ring tones.
Recent Trends in Digital Marketing
Creative agencies
Specialized agencies
In-house agencies
This report is completely discussing about digital or new media agencies. There
was a time when Television was the most popular medium for Marketer to
promote, spread awareness and generate leads for their products but now the
trend has changed and Digital media has taken its place. Main reason for this
change was
Traditional methods are expensive. Compared to digital marketing
reports about who saw or heard an ad, and took action. This data is
collected long after the initial ad impression is made (and still then, the
statistics are far from exact numbers).
Taking a look at last year’s figures, let’s see what AdAge discovered when
looking at the statistics:
Lead generation comes next. Here, marketing teams look to pinpoint high-value
leads that are likely to take action and drive sales. Demand generation follows, and
sees marketing and sales teams working in tandem to create multi-channel
campaigns that bring interested B2C and B2B buyers to your site or sales
platform.
Revenue marketing looks to scale up lead and demand generation processes by
tying them to specific metrics and making them both reliable and repeatable.
Effectively implemented, revenue marketing offers three key benefits.
What do customers want from the product? What would make them likely to buy
more? Buy less? What non-product areas — such as speed of customer service
response or the ability to easily navigate websites — have an impact on the
likelihood of conversion? By focusing on the cultivation of long-term customer
relationships, revenue marketing can help drive sustained sales.
Revenue marketing, meanwhile, helps put these teams on the same page with a
singular focus: The customer. By getting everyone on board up-front — from sales
and marketing team members to C-suite sponsors and even IT if needed —
companies can align goals and outcomes across their organization.
Improved Goal-Setting
Speaking of goals, revenue marketing prioritizes — you guessed it — revenue,
rather than leads, prospects, or potential demand. By tying success metrics to the
generation of revenue from specific sources, it’s possible to create goals rooted in
the reality of current sales volumes rather than predicated on predictions of
potential customer action.
Key Components of Revenue Marketing Efforts
Customer data acquisition
Stakeholder alignment
Process definition
Technology implementation
Results management
2. Stakeholder Alignment
Given the scope of revenue marketing efforts, it’s also critical for companies to
ensure stakeholder alignment. This means taking the time to sit down with
relevant team members and create a strategy that gets everyone on board. Not only
does this provide a roadmap moving forward, but sets a tone of collaboration from
the outset.
3. Process Definition
Process comes next: What does the big picture revenue marketing campaign look
like, and what specific processes will help achieve the goal? This often involves
discussions around demand management, targeted marketing efforts, and the use
of customer data to drive personalized campaigns.
4. Technology Implementation
From email newsletters to mobile apps and social media sites, technology is
instrumental in effective revenue marketing. As a result, it’s worth looping in IT
staff as soon as possible to identify services and software — such as in-depth big
data programs and powerful CMS platforms — that can help companies reach
their revenue marketing goals.
5. Results Management
Last but not least? Effective results management. This includes pinpointing the
key metrics you’ll use to measure success — such as total number of sales over a
specific period or revenue growth year-over-year — and how these metrics will
inform revenue marketing efforts moving forward.
Before you set out to conduct online marketing strategies, your goal should be
clearly defined and understood by the team working on the campaign. The easiest
way to do that is to make sure your goal(s) is SMART: Specific, Measurable,
Attainable, Relevant, and Time-based.
For a little refresher on SMART goals and how they pertain to setting revenue
goals for marketing campaigns, let's walk through an example.
While doubling revenue is a fantastic goal, it doesn't have any basis for how to get
there. To make this goal SMART, the team can add some terms to make their path
a little more clear.
So, instead of the marketing teams' goal being "Double revenue," it can be
restructured to, "Through an online marketing campaign, the goal is to double
revenue in six months by using channels chosen based on previous ROI data."
This goal gives a time span, is specific, relevant to the task, and measurable. While
doubling revenue is a high goal, SMART goals can change; they're merely a guide
to making sure your goals are reachable.
Begin by planning out your revenue goals. If you are still shaky on SMART goal
making, HubSpot offers a free template you can download to guide you while
writing them.
When you want to determine the initial ROI of online marketing efforts, using
analytics tools is extremely critical. These tools have customizable settings that
you can configure, so the platforms only track the metrics you care about.
If you want to use your revenue goals to inspire your internet marketing plan, the
metrics that will be useful may vary based on your business goals, but here are a
few that are especially helpful: SEO metrics, ROI from pay-per-click (PPC), your
blog's conversion rates, and social media engagement.
Those metrics will tell you how your marketing efforts are ranking on Google,
how many people are clicking on your ads or campaign offers, how helpful your
content is to readers, and how your brand is perceived by its audience.
In general, if you intend to make money from a marketing channel, it's important
you continue to measure and iterate your strategy based on that channel's core
metrics. Once you know your analytics, you can use that data, paired with monthly
revenue data, to estimate the conversion rate you aim to earn with your next
campaign.
I know, I know: you might not have the time to devote to copious amounts of
research. However, by seeking out some information, you'll be able to uncover
actionable steps that work for similar companies' revenue marketing efforts.
For instance, we've talked about how leveraging data can help build your online
marketing strategy. Before you start planning, if you're unsure of where to begin,
refresh your memory of must-haves when writing a marketing plan. This post is a
good place to start.
You can also look into downloading a report from a company that used revenue
marketing. For instance, HubSpot offers this study, which details how revenue
marketing worked for a campaign, and provides highlights of the report for those
strapped for time.
Don't forget to look into how using SEO can help make smarter marketing
decisions. If you are confident in your SEO efforts, look at keyword and
competitive data to figure out how much time and money you should invest in
pay-per-click to hit your goals.
Finally, research can help you determine if you're following the best practices for
lead generation and tracking. You can find new ideas for converting leads into
customers using online marketing channels, such as blogging and email, as
nurturing tools.
To gain an understanding of how your marketing efforts help one another, and
how to structure a chronological plan, a little research is necessary.
4. Put it all together.
Once you've got an idea of your current return, have set reasonable revenue goals,
and know a bit more about the channels and methods you want to use, it's time to
put it all together.
When you're building your internet marketing campaign, keep in mind that every
step in your plan should be based on revenue goals. If you're going to use
Facebook Ads as part of your campaign, for example, it should be understood by
the team why that method will help you reach your revenue goal.
Spend some time ensuring the content you want to create for the campaign will
resonate with its audience, as well. Blog posts need to be valuable to readers
(Keyword research helps you figure out what readers are searching for) and social
media content needs to engage followers, for example.
During your internet marketing planning process, outline how you're going to
measure success. Revenue is the obvious metric to measure, but what software
will you be using? How are you going to interpret the revenue you earn?
Once you've worked through your marketing plan, you should have all the
resources in place to write a marketing report or case study from your findings on
your own. Who knows — your report could even turn into a valuable content offer
for your next revenue-based campaign.
Chapter 2
Industry Profile
With the utilization of the internet, Digital marketing has become essential with
the internet being accessible by all and forming opinions and their buying
decisions on the basis of what they read online. While every single industry is
battling with a growth rate of 5 to 10 %, the advanced media industry is going
high with 40% development rate. Such reports are sufficient to advise the place
to digital marketing in next couple of years.
Digital Marketing is developing at a fast pace in India. As the web clients are
expanding step by step, web-based business industry is additionally on a hike.
Organizations are moving their promotion spending plan from customary
advertising to advanced digital marketing. A brand can no longer afford to
ignore or under weigh the game of social media marketing or SEO analytics.
The brands have realised that the consumption of information has changed; it
has shifted from print and TV to the Internet. Even the medium of consumption
has seen a shift- people are now consuming maximum information on their
mobile phones and to reach them on their handsets, digital marketing is the
definite way.
The global digital marketing landscape is growing relentlessly. One of the major
factors influencing the growth of digital marketing is its ability to track and
monitor the outcome of spending on digital marketing efforts. Unlike traditional
methods, companies do not wait for their revenue number to increase and show
the success of their promotional efforts. Instead via the number of likes, share,
comments, and virality of their advertising campaign, brands successful
apprehend their sales figure for a specific duration. Much of this market’s
growth can be attributed to the fact that these platforms are interactive for users.
Porter’s model will help analysis the industry and understand where the power
lies in the business. Here I am using porter’s model to understand digital
advertising industry in India. Generally, in the Indian advertising industry,
contracts are long termed, and customers are likely to keep going back to the
same advertiser so long as results were obtained the first time.
affinity will charge high price for placing ads in their portals.
Real time bidding will lead to increase the demand of some portals.
Bargaining power of suppliers, who provide data and information are
very high.
Seasonal campaigns put pressure on supply side to charge high.
Employee or work force with proper knowledge is limited.
3) Bargaining power of buyers
Buyer are the clients of agencies, basically buyers are high idea seekers.
Clients will choose agencies which have good experience in industry.
Clients like long term relationships with agencies, so they also try to
Main competitor for Digital advertising is TVC, but trends are now
Company Profile
DSV AIR SEA started in 2015 as a full-service professional web design firm
specialized in responsive website design and development in Mumbai. In 2016
company expanded its wing to Web Based Software Development.
DSV AIR SEA is a DENMARK No.1 Web Solutions Company which offers
cost effective quality Service to various clients by providing solutions to their
business strategies using World wide web. From domain booking / registration
to website hosting, from custom web designing of HTML or Flash sites,
multimedia presentations, portals, vortals to maintenance and backend services.
Vision
Mission
Fulfils the needs and Exceed the expectations of the Clients’ is the mantra that
we passionately follow at DSV AIR SEA . To attain our objective, we will
formulate proficient as well as result-oriented web, branding and digital media
solutions. The strategies and solutions will be equally complemented with our
outstanding, devoted and round-the-clock support services.
What they do
DSV AIR SEA provide a proven solution across many verticals. These products
will just note only meet your requirements but also helps you to excel in your
business domain. More than 90% of DSV AIR SEA clients reward the
company’s delivery model, reliability, passion, creativity, and unique ability to
handle the broadest range of their IT needs, by continually extending their
partnerships with us. DSV AIR SEA is relentlessly working on the emerging
and futuristic technologies in order to create the most sought-after tech solutions
that offer meaningful differentiation for its clients.
DSV AIR SEA services entitle Web Designing, Wed Development, Web
Hosting, Digital Marketing, SEO optimization, App development, Ecommerce
website design, Responsive website design, Content Management System.
Chapter 3 Research
Methodology
The observation method is the most commonly used method. Data pertaining to
digital marketing process and most of information is collected from project
guide in the company. Questionnaire method is also very widely used in order
to give a structure to the entire study. Secondary data:
Literature Review
3. Jaffrey Graham45 has published his article entitled “Web advertising’s future
4. Advertising in social media: How consumers act after seeing social ads.
Adapted from Nielsen (2012: 10). Social media has not only changed how
people communicate online, but it has also changed the consumption of other
media too. Online social connections are used to filter, discuss, disseminate, and
validate news, entertainment, and products for consumption. (Ryan 2011: 15)
The next chapters will explain more about each of the world‘s current most
widely used social medias. There are, of course, many other social networks and
applications (apps) available but considering the study, the focus is on the main
Medias.
Vikas Bondar has published his article on “sales and marketing strategies” Internet
is a really good thing. The Internet gives people a greater amount of information
as we need. It is the best way to get a comparison of the products that we need. If
we are interested in buying, it is best for us to check the Web sites. Also if we
would like to make our own Web page we can do this, without paying a lot of
money. From where do we set all this information? The answer is from
advertising, which we see, everywhere: on TV, on the Internet, in the newspapers
and more. Year after year we get more and more new, interesting information and
in the future the Internet use will increase more than now. This article explains
how internet is useful tool for advertisement.
Marketers from Australia, Korea, China, India, Hong Kong, Singapore and
other countries were covered. "However, while India is an emerging leader in
Digital Marketing, it has dipped in its own performance this year as compared
to the previous year. It is important to note that India scored much higher than
the APAC average last year," it said.
Adobe Managing Director South Asia Umang Bedi said that customer
preference and digital dependence would increase along with the increase in
penetration of internet in the Indian market. "Therefore, what would matter is
how the Indian marketers are able to increase engagement and activate audience
through digital marketing. This presents challenges in programme planning,
execution and most importantly measurement," he added. The study also
revealed that compared to their APAC counterparts, Indian marketers are
receiving lesser support from channel and sales teams for increasing digital
spends. However, they are doing better as compared to last year suggesting that
departments that have a customer interface are realising the importance of
digital marketing in augmenting their effort.
Traditionally, social networks have not been used as a tool to directly drive e-
commerce sales, but as Nielsen reported in its Global ecommerce report in
August 2014, an estimated 61% of people spend a considerable amount of time
This last statistic reveals just how powerful social media can be in terms of
enticing shoppers to make a purchase, both through its use of visual content and
product descriptions. But while many consumers still have reservations about
purchasing items through social channels directly, the social shopping
phenomenon is clearly only going to grow and it’s apparent that this growth will
eventually have a positive impact on a retailer’s bottom line.
One retailer which enjoyed success by promoting its products via social media
is ASOS. At the start of 2014, ASOS previewed their summer sale through a
Facebook application, allowing fans to play a series of games to accumulate
points, getting them to the front of the virtual shopping queue. The winners
gained first access to the sale, and through the support of sponsored ads ASOS
was able to generate 1 million views through the application, growing their fan
base by 32%.
This example shows how much potential there is for brands to drum up organic
publicity for their products whilst engaging through fans across social media
channels. Furthermore, it proves that social media outlets have evolved not only
as a tool for driving community growth, but also as a revenue driving
commodity to boost business performance.
Supporting the concept that that social media engagement can facilitate
purchase orders, according to Nielsen, 77% of shoppers say ‘social exposure’
and validation to a product is the most persuasive source of information, and
does indeed drive them to make more purchases. After all, we mustn’t forget
how powerful the trust of our peers can be, and this has a direct impact of
driving revenue.
Here are some of the most common digital marketing assets and strategies
businesses use to reach people online:
The list of digital marketing strategies is also constantly evolving, but here are
some of the strategies most businesses are using:
1. SEO
If you don’t want to pay to show up in the SERPs, you can also use search
engine optimization (SEO) to try and rank pages or blog posts on your site
organically. You don’t have to pay directly for every click, but getting a page to
rank usually takes quite a bit of time and effort (for a more in-depth comparison
of paid search and SEO, check out this article).
There isn’t anything more important to digital marketing than SEO, something
that might still mystify you in its ongoing complexity. While it’s true Google’s
algorithms can still become confusing, you can better grasp how it works when
you work more with the concept.
It’s always better to have an expert to manage SEO for you if you want to truly
succeed. While you can learn some basics, you’ll want someone who’s worked
in it a while to fully help you realize the best strategies.
One recent strategy involves new HTTPS requirements already impacting SEO
results. If you’re used to using HTTP pages, Google now suggests you to switch
to a HTTPS format. The reasoning behind this is many contact forms using
HTTP pages aren’t deemed secure enough.
You’ll want an expert to help you in this field as well, especially one who’s
worked with Google Ads and search/display ads. In the case of Google Ads,
you’ll want to educate yourself first on how the process works.
What you’ll appreciate the most is Google makes its Google Ads easy to use
through their attention to customization. They let you choose whether you want
graphic display ads, YouTube video ads, text-based search ads, or in-app mobile
ads. All of these are going to depend on your business style and the targeted
customers you need to reach.
Google makes it even easier with localized ad capability, plus superior metrics
to track how well your ads work. Don’t forget about other paid ad opportunities,
especially Facebook Ads. The latter gives you ample opportunity to customize
to multiple ad formats.
You’re seeing a lot more attention on local search marketing in the last few
years. It’ll continue being important far into the coming decade as local
businesses realize the value of being found by local consumers.
To get started with local search marketing, you can again utilize more gifts from
Google. Through Google My Business, you’ll be able to have your listing turn
up the second someone does a Google search based on the user’s keywords.
Don’t forget about how important online reviews are, as well as your social
reputation. You’ll want to inspire customers to write positive reviews on places
like Yelp. On social media, starting conversations and posting targeted content
helps you utilize inbound marketing. Inbound techniques attract customers to
you rather than you seeking them.
4. Content Marketing
In today’s time, you need to focus on creating content that can solve pain points
and stay evergreen. Using shortcuts or black hat SEO tactics just to move to the
top of search engines won’t work thanks to Google’s all-seeing eye.
So always keep “content is king”, as many like to put it. To make content
marketing work well, you need to focus on mobile content, native advertising,
influencer marketing, and marketing automation.
Think seriously about mobile content because smartphones are already making
up 50% of all global devices. This is going to affect digital advertising, and how
influencers promote your brand. Automation tools send content to prospects on
their mobile devices at just the right times.
5. Remarketing
Another critical aspect of digital marketing is going after prospects again with
marketing content if they didn’t respond to your site’s banner ads the first time.
This works by tracking these visitors through cookies and creating new ads on
related sites.
You can also create new ads on your site to better target your prospects. The
information you get from your site visitors gives you valuable data to tweak
your ads to their pain points.
Ultimately, remarketing helps you stay more engaged with prospects, aids in
brand awareness, and increases conversions. You can also gain the customers of
your competitors, helping pay back any investment you place in creating new
ads.
6. Responsive Web Design
Reaching customers by mobile is more or less the standard now, and that’s
going to go on into the coming decade. Making your website conform to mobile
screens is one of the most essential parts of digital marketing. The only way you
can make this work successfully is through responsive web design.
With responsive programming, you can make your website automatically
conform to all mobile screens. This is going to mean more than one format,
including tablets and increasing use of smartwatches.
While you’ll have to work with a web designer to make this work, you’ll want
an SEO expert for another aspect of RWD. AMP (or Accelerated Mobile Pages)
is a new open-source code helping to make mobile web pages load faster.
7. Email Marketing
No doubt you’ve done some email marketing, but how effective is it in reaching
your intended targets at the right times? Email marketing is already a great tool
for generating more leads than possible through any other marketing method.
You can also increase your sales and conversion rates.
Since you can combine it with other media, it’s also one of the most integrated
marketing methods. You can add social share icons, plus referral reward
systems. Email marketing ultimately helps you shorten your sales cycles when
using compelling content.
No doubt you’ve posted content to social media already. Yet, what can you do
to make it more effective this year and the next?
You’ll also want to curate some content if possible, to prove your clout. Don’t
be too proud to do this since it adds luster to your expertise and brand. When
you curate content from others, they’ll likely reciprocate.
9. Marketing Automation
To become successful with this, try looking for a CRM platform with marketing
automation built-in. These can work together well because your CRM already
has contact information. Automating marketing content directly to your contact
list helps you integrate your marketing all in one place rather than using
disparate sources.
Have you thought about how you can take on a digital marketing campaign
without having to spend a fortune? While you can save money doing email
marketing and inbound techniques, hiring influencers does the same.
If you think hiring influencers to promote your brand online is all about hiring
celebrities, think again. An influential person on social media doesn’t always
have to mean being a celebrity. It can simply be someone with a lot of followers
and a good track record of promoting products.
Forbes notes you need to identify top influencers first, which is going to involve
a little research. You can do this by doing hashtag searches on places like
Twitter to see what people are saying about topics related to your industry.
Reach out to these influencers on social media and ask them if they’d be willing
to promote your brand. Some may offer to do it in exchange for free products.
However, most are going to demand a fee.
Be sure to track your results to assure your ROI. Keep in mind those with fewer
followers can have just as much influence as those with ten times the number of
followers.
11. Video
Over the last decade, we became a more visual culture attracted to imagery in
the digital realms. A lot of this comes in various forms, but there isn’t any
question video rose to the top.
We’re at the point now where more consumers of content prefer video above
any other visual medium. Recent statistics show 87% of all online marketers
now use video content of some sort.
The personalized video has become a norm lately, or at least ones directly
addressing pain points of targeted viewers. The same goes with making your
business look more human.
When you can tell a compelling story about your business and prove you can
solve the pain points of customers, you have a can’t-miss formula.
It’s also smart to keep your videos as short as possible, if not in a series.
Attention spans are as short as ever, and you’ll need to tell your story in a
compact way with a compelling hook.
The problem is your landing page perhaps isn’t very enticing at the moment.
Solving this (in part) comes down to web design, including where you place
your Call to Action and advertising.
It goes beyond what you place on your website, though. You’ll want to invest in
PPC advertising (pay-per-click) to place ads for your site on related digital
channels.
Other options include buying sponsorships with other companies, or just simple
email marketing. In the latter case, placing a link that takes the reader to your
landing page for further content is a common strategy.
Plus, pay attention to the “above vs. below the fold” debates. Kiss metrics once
noted that CTA placement depends on the length of your landing page. A
shorter page means you should place the CTA above the folder.
Global reach - a website allows you to find new markets and trade
globally for only a small investment.
Some of the downsides and challenges of digital marketing you should be aware
of include:
Skills and training – You will need to ensure that your staff have the
right knowledge and expertise to carry out digital marketing with success.
Tools, platforms and trends change rapidly and it’s vital that you keep up-
to-date.
Digital agencies are as varied as the needs of the advertisers and marketers who
hire them. At the high end, for global enterprises, are the agency holding
companies with hundreds of full- service digital agencies around the world.
There are also boutique and specialty agencies that provide channel-specific
digital marketing services such as mobile messaging programs, social media
marketing, or SEO link-building campaigns. And there are agencies that focus
on strategy and professional services, such as branding or web design. Like any
organization, each type of agency has its own strengths, weaknesses, and
culture. Digital agencies also can be differentiated by their focus on professional
services versus proprietary technology platforms. Agencies that emphasize their
professional services capabilities recommend and use third-party technology
such as PPC campaign management platforms, SEO tools, and social media
management platforms to manage their clients’ data and digital campaigns.
These agencies view their role as strategists that can analyse and interpret data
to provide actionable results and achieve their clients’ goals. Agencies that
develop and offer proprietary tools view their platforms as a competitive
advantage over third-party toolsets that are widely available. The plethora of
digital channels has left many advertisers drowning in data. By providing
technology platforms that are built and customized to client needs, these
agencies believe they are providing unique and critical automation tools that
collect, analyse, and optimize data for their clients.
The Benefits of working with a digital agency
Agencies owned by large media or holding companies can provide the following
benefits:
Diversity of capabilities from co-owned media properties.
Built-in sister agency relationships and priority referrals.
In-network efficiencies.
Agency free structures vary widely, even within client accounts. It is not
uncommon for a client to compensate their agency using different fee structures
for different types of media campaigns. For example, a common agency fee
model for paid media work is percentage of spend. Typically, an agency will be
paid 10-20% of a client’s digital media spend on paid search or display
advertising campaigns. Smaller clients may pay a higher percentage, while
enterprise clients may pay a smaller percentage due to the larger dollar volume
of their accounts. Generally digital agencies charge their clients for maintaining
their digital presence this is how they make money, necessity of digital presence
for companies let the digital agencies to make money. Different sorts of
agencies advertising agencies use different models.
This could come down to sales results, brand value, satisfaction levels, or other
criteria, and often a mixture of them.
Digital marketing budgets total 2.5% of revenue and will increase 9% this year.
Marketing leaders have secured bigger budgets to define markets and attract,
acquire and retain customers. Yet, increased funding is a double-edged sword. It
brings new opportunities but puts more pressure on marketers to deliver and
prove a return on the investments.
Revenue models of digital marketing companies
Here payment occurs for single access to a document, video or music clip
which can be downloaded. It may or may not be protected with a password or
Digital Rights Management.
CPM stands for "cost per thousand" where M denotes "Mille". The site owner
such as FT.com charges advertisers a rate card price (for example 50 GBP
CPM) according to the number of its ads shown to site visitors. Ads may be
served by the site owners own ad server or more commonly through a third-
party ad network service such as Google AdSense as is the case with my site.
3. Revenue from CPC advertising on site (pay per click text ads)
CPC stands for "Cost Per Click". Advertisers are charged not simply for the
number of times their ads are displayed, but according to the number of times
they are clicked. These are typically text ads similar to sponsored links within a
search engine but delivered over a network of third-party sites on a search
engine such as the Google AdSense Network. Google Network Revenues
through Ads generate around 88% of Google's revenue. For me, the Google's
content networks are one of the biggest secrets in online marketing with search
engines such as Google generating over a third of their revenue from the
network, but some advertisers not realizing their ads are being displayed beyond
search engines and so not served for this purpose.
A company can pay to advertise a site channel or section. For example, bank
HSBC could sponsor the Money section on a media site. This type of deal is
often struck for a fixed amount per year. It may also be part of a reciprocal
arrangement, sometimes known as a "contra-deal" where neither party pays.
However, it depends on the power of the publisher who will often receive more
revenue overall for CPM deals. After all, the publisher cannot influence the
quality of the ad creative or the incentivization to click which will affect the
Clickthrough rate on the ad and so the CPM.
RESEARCH PROBLEMS
Chapter 4
50+
36-50
23-35
15-22
0 2 4 6 8 10 12
Other Sources
Friends and Family
News
Advertisement 50%
5%
0 0.1 0.2 0.3 0.4 0.5 0.6
35%
10%
Sample showing the 50% of the people are get to know about new products
through advertisements and followed by friends and family. So, we should
create awareness through advertisement about our product in society for
maximize their sales. If we useadvertisement to reach some people that
also effect the other not seen advertisement peoples buying decision referred
by advertisement seen peoples.
Yes 95%
YesNo
Alternative
products 20%
Customer's
40%
review
Price
10%
Product
Featrues
30%
0 10 20 30 40 50
Survey results showing c people who said they collect information before
purchasing mainly concern about the customer’s review, products feature
and alternative products. So, we should maintain quality of product/service
for get good reviews. Otherwise we will lose our value in the market. If
product not good customers also check the alternative products to buy with
good customers reviews.
No 13%
Yes 87%
YesNo
Most of the young people said they buy from online sites and some of the
old age people prefer retail store for purchase product by after physically feel
the product look and quality of the product.
6. u purchase online?
Sports 3%
equipments 10%
Gi 5%
fts
10%
To
30%
ys
Kitchen and 2
home item %
40%
Fashion
accessories
Bo
ok
Electro
nics
0 5 1 1 2 2 3 3 4 4
0 5 0 5 0 5 0 5
People who said they purchased products form online they purchase
electronic products, followed by fashion accessories through online. So, we
should advertise these products in online more for increase sales. And also
advertise other products less.
Yes 93%
YesNo
Most of them said yes about 93% of people are watching TV and only 7%
of people are not watching TV. So that advertise media also good to do
promotional activities.
No
63%
Yes 37%
YesNo
Survey results showing that almost 63% of people are not reading newspaper
only few are reading newspapers. So, we should spend less in that promotion
media.
No
18%
Yes 82%
YesNo
82% people said yes to reading newspapers through online, 18% are not reading
newspapers in online. Online newspaper readers are more so, we should create
more attractive and creative ads in internet.
Gami 1 4%
ng
15%
Surfi
ng 10%
Shop 5%
ping
26%
Reading E-
books, 30%
news
Watch
videos
Chatti
ng
0 5 1 1 2 2 3 35
0 5 0 5 0
Survey results showing that 30% of people using internet to watch videos
and following that chatting, surfing. So, should more in the video sites to do
promotion activities. TicTok and Instagram videos are trending now. We
should properly utilise these instead of old Facebook and Youtube.
more than 10 5%
hours
25%
4-9 hours
50%
20%
1-3 hours
Less than 1
hour
0 10 20 30 40 50 60
50% people are using internet only 1-3 hours. So, we should analyse in
which time they are using internet and publish their ad in that time to reach
high peoples.
No
18%
Yes 82%
YesNo
3%
Magazi
ens
20%
10%
TV
Newspa
per
60%
Online
Ads
0 10 20 30 40 50 60 70
60% of people notice advertisements from online ads and following TV,
newspaper are take positions. So, should more spend on Online ads is best
way to reach large number of peoples. Now all peoples are using the
internet.
13. How do you normally purchase a product?
Search
information
in online 35%
and
purchaase
from online
shop
Search
information
in online and 5%
purchase
from retail
shop
Visit the
retail shop
20%
and
purchase
from online
shop
Visit and
purchse 40%
from retail
shop itself
0 5 1 1 2 2 3 3 4 4
0 5 0 5 0 5 0 5
40% of people will buy products by visit and purchase from retail shop
itself. And followed by 35% of the people will buy products by visit and
purchase form online websites. So, we should do both the online and on
store promotional activities to get customer attraction.
Chapter 5
Findings
1. With the study of digital marketing I came to its emergence and extreme
SEO, SEM and SMM and later they will think about other channels which
mean these three-channel high acceptance.
4. If come to B2B sectors company email marketing is the best way to reach
going to retail shop they will seek information about the product through
on online platform. Here is actually change happens in consumer buying
journey, early times consumer belief a product only after seeing the
product in a retail shop.
8. Now Indian customers want to get conviction about a product before
going to retail shop. So from a marketers view they want to convince their
customers before going to a retail shop.
9. Brands want to build a cool presence over digital platforms because the
Hers’s the reason maybe they can get news updates very early; they don’t
need to wait for daily newspapers.
12. Advertisements have high impact for creating stimulus in Indian
customers. But this stimulus will get in to action only though opinion
leaders.
13. Indian consumers have high tendency to go for online purchase. They
1. As per my observations many of the ads are not relevant to me. So,
Conclusion
Brands want to build their presence over digital platform, because customers
have high affinity towards digital media than other media’s. More than that
customers are highly information seekers and digital media is the only
platform for two-way communication between brand and customers.
Bibliography
www.wikipedia.org
https://mikekhorev.com/12-effective-digital-marketing-tactics-
strategies
https://learndigital.withgoogle.com/digitalunlocked/course/digital-
marketing
https://www.digitalmarketer.com/digital-marketing/
NAHARLAGUN, ITANAGAR, AP- 7911100
By
B.Tech. MBA
AP.
Submitted to
ARUNODAYA UNIVERSITY
Submitted by
Mr. NIKUNJ KUMAR VINODKUMAR JOSHI
REG. NO: 12A129721205
NAHARLAGUN, ITANAGAR, AP- 7911100
DEPARTMENT OF MANAGEMENT And COMMERCE
Date:
PROJECT CERTIFICATE
This is to certify that Mr. NIKUNJ KUMAR VINODKUMAR JOSHI bearing the
REG. NO: 12A129721205 has
successfully completed the project work on “DIGITAL MARKETING AND
REVENUE GENERATION”, under the guidance of
HoD
Department of MANAGEMENT ,
Arunodaya University,
Itanagar, A.P- 7911100
NAHARLAGUN, ITANAGAR, AP- 7911100
DEPARTMENT OF MANAGEMENT
No- AU/VIII – BBA Project Topic Approval/2019-2020
Date: 25-07-2022
To
Mr. NIKUNJ KUMAR VINODKUMAR JOSHI
REG. NO: 12A129721205
You may proceed with project work and comply with necessary requirements.
Yours Truly,
HoD
Department of management,
GUIDE’S CERTIFICATE
I here certify that the research work embodied in the dissertation entitled
DIGITAL MARKETING AND REVENUE GENERATION has been
I also certify that he has fulfilled all the requirements under the covenant
governing the submission of dissertation to the AU for award of BBA
Degree.
Place: Dr.
Date:
DECLARATION
I also declare that this dissertation has not been submitted to any
university/Institution for the award of any Degree/Diploma.
SPECIALISATION : BBA
ENROLLMENT NO : 12A129721205
NAME AND ADDRESS OF THE CANDIDATE : NIKUNJ KUMAR VINOD KUMAR M JOSHI,
ANAND COLONY 1, PATEL COLONY, ISHWAR KRUPA, JAMNAGAR, GUJARAT, INDIA
TITLE OF THE PROJECT (In Block Letters) : DIGITAL MARKETING AND REVENUE
GENERATION