Nikhil Rungta on Best Practices of Yatra in Online Marketing

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    Nikhil Rungta on Best Practices of Yatra in Online Marketing - Presentation Transcript

    1. Yatra’s yatra Nikhil Rungta General Manager & Head – Marketing, Yatra.com
    2. Yatra Today
      • Over 100,000 Page Views per day
      • Over 1 million registered users
      • Over Rs 1,100 crores Sales
      • Over 600 employees
      • Over 10 offices in 10 cities
      • Voted as the most used website for Travel – Juxt Consult
      • Top 100 Start up’s in Asia – Red Herring.
      • Best Online travel Agency 08 – Galileo Awards
    3. Flash Back
    4. Market Scenario
      • 2006
      • Makemytrip, Cleartrip, Travelguru had a headstart
      • People used Travel sites to look up fares but booked on airlines sites
      • Low cost airlines had made people getting used to booking online
      • IRCTC was fueling the same too
      • Skepticism about booking online – security of the transaction, credit card limits, credibility of the company
    5. Task at hand
      • Last to enter the market – how to make a dent
      • 0 to 60 – in no time
      • Land grab
    6. Marketing Plan
      • Category Strategy:
        • Do print. Print works.
      • Our Strategy:
        • Do TV. TV works better.
        • Do Online. Online drives traffic.
    7. Online Marketing Plan
      • Search Engine Marketing – to generate transactions
        • Google Adwords
      • Display Advertising – to add to the TV activity
        • Yahoo
        • Rediff
        • Sify
        • MoneyControl
        • IBNLive
      • Emailers
    8. Benefits of Online Marketing Traditional Online how many (reach) one-way spray-n-pray high spillage who (targeted) two-way aim-n-shoot low spillage intuitive data driven Learnings
    9. Learnings
      • Set objectives
        • Define target audience
          • WHO is more important than HOW MANY
        • Prioritize markets
          • Metros vs Tier I, II, III
          • North India vs South India
          • South Delhi vs East Delhi
        • Set Budgets
          • %age of Gross Sales/Net Income (Rule of thumb: 3 rd of net income)
        • Choose media basis
          • Long Term - Brand building
          • Short Term - Lead generation/Transactions
    10. Learnings
      • Set Outcomes
        • Short term
          • Number of visits to the site
          • Number of calls to the call centre
          • Number of walk-ins to the retail outlet
        • Long term
          • Market share
          • Mind share
          • Vallet share
          • Word-of-mouth share
      • Plan online marketing keeping in mind that the new consumer has 
        • Scarcity of time:
          • Ease of navigation - less clicks/hyperlinks…
          • Connectivity/download problems - less graphics
        • Scarcity of attention:
          • Short, simple, easy to understand message…
          • Say more in less
        • Scarcity of Trust:
          • Do not mislead, over promise, hide costs
          • Give what you Show
      Understand Consumer Behavior
    11. Net Net
      • What to expect from online:
      • High on ROI: Pay for Performance
      • Start-Stop at will
      • Reach national as well as international markets
      • Dynamic customization – change creative real time
      • Quick results – need more traffic immediately, SEM is way to go
      • Behavioral/Contextual/Geographical targeting
      • Data base collection
      • Very very measurable
    12. What lies ahead…
    13. Social Media Marketing
      • Socialize on the web: Youtube, Flickr, Orkut, Facebook, Linkedin, twitter
      • Word of mouth
      • Targeted
      • Indefinite shelf life
      • Time is the only cost
      • Direct and immediate feedback
    14. Marketing on Mobiles
      • WAP sites
      • SMS 2.0
      • Right message at Right place (point of sale)
      • Location specific (GPS) – highly personalized advertising
      • Mobile coupons
      • Higher conversions
    15. Video Ads
      • The new TV (specially on News and entertainment sites)
      • Advantages
      • Click to Play
      • Captive viewing
      • High Click throughs
      • Customize - overlays
    16. Happy Clicking. [email_address]

    + TiE DelhiTiE Delhi, 6 months ago

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