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Guru.com
PRESENTED TO:
PROF. NEELAM KINRA
Presented by :
 Goutham

PGP28070

 Niraj Kumar

PGP28311

 Noopur

PGP28326

 Suresh Majji

PGP28344

 Uday Kiran Pappu

PGP28108

 Udaykiran Edikoju

PGP28304
1
Industry

More
Companies
to
outsource

Pre 2000
 Traditional Industry
 Only flexible contemporary workers
 Clerical workers

Post 2000
 Industry modernization started
 Knowledge based employees
 Qualified workers

Several
projects
to get
outsourced

More IPs who
would need
the services of
talent
facilitators

2
Jan

Company – www.guru.com

million Independent Professionals
 Offers a gamut of supporting services like Tax

James Sluvet

guidance, health insurance discounts, career
advice, etc.
 Earns revenue by charging companies for each
project posted and ads displayed on their
website
 High satisfaction level among the hirers

March

Timeline of events in 1999

 Offering Website service that caters to 25

• Thought of Freelancer
service marketplace

• Completed business plan
& started raising money

June
• Completed 3 million
USD funding

Nov
• Raised 16 million USD

 Primary mediums : Print direct mails, email, and

Jon Sluvet

online banners with unique message for each

Dec

group of customers

• Went live for the first
time

3
Competitors
Freeagent.com
• Launched in August 1999
• Expected to have 150,000 registered users in 12 months
• Provided project matching and back office support

eLance
• Other IP project marketplace
• Used the bidding model to earn revenue

Monster.com’s TalentMarket
• Mass Full-time Online Career Sites
• 10,000 bidders bidding for 143000 IP’s at any one time
• Received fee on the basis of size of contract

eWork
• Other IP project marketplace
• Used the bidding model to earn revenue

4
AD MANAGER’S PLANNING
STAGES
Increase the percentage of hirers
$12 million

Age-25 to 55; educated,

aim to be independent
COMMUNICATION
OBJECTIVES
AND POSITIONING/
(Or Repositioning)

•Awareness
•Information
•Attitude

Lure IPs by promising
better work-life balance

SIX-STEP EFFECTS SEQUENCE
(In Reverse Order)
PROFIT
Gain more market share of
The increasing IPs –expected
To exceed 2 bil. By 2005

More enrollments from both
IPs and hirers
Position as guru marketplace
With investors

Awareness
Attitude Change

Depict IPs working & relaxing
at the same time

Edgy and irreverent
message

Track by estimating IPs beyond
earlier enrollment rate

By print or TV

Through the
Media

5
Ad to sales flow
Communicate the nontraditional idea of
working from home

Host hirers willing to
pay for quality work

Brand to be perceived as a
reliable area to look for work,
not just to Post resumes

Only hirers pay; induce them to
purchase by swelling the
number of IPs

ADVERTISING

IMMEDIATE
SALES

25% of projects had been
matched, level of user activity
higher than average

NEW
CUSTOMERS
6
Ad campaign objectives
What is the communication in the Ad?
“We understand Gurus. We know what makes them tick, what they want out of life, why
they became gurus in the first place and what success smells like to them. What do you
think”

What is the Target Segment for the Ad?
“To reach both Gurus and hirers separately”

How do we reach to the target segment?
“TV, print, Radio”

How much do you need to spend?
“$12 million”

7
Ad campaign Objectives
 It must capture the attention of the









consumer
It must create the awareness
It is assumed that learning (Cognitive
effect) must occur before attitudes are
formed (Affective stage), which will
lead to behaviour (Conative)
Its based on Feel-Learn-Do hierarchy
We can place the ad’s of Guru.Com in
the second quadrant (High
involvement and Emotional
thinking)
Public Relations need to be
addressed 250 mil. impressions in
the first six months

Lavidge & Steiner Model
Cognitive

Awareness

Knowledge

Affective

Preference

Conviction

Conative

Purchase

Action

8
Medium
TVs and print media are the most effective means of communication

TV
 TV propagates an emotional

Print


Print media relates more
information



Spreading ads across
publications could access broad
range of specialists



Gurus are prolific readers



500000 subscribers for a
magazine—then read by
another million who borrow it

appeal more effectively
 But there is an attached

concern:


Right people watching at right
times



More costly owing to short term
market

9
Message

Tone of offline
advertising needs
to be edgy but
clear

People should
know exactly what
guru.com does

Notion of
empowerment of
crore IPs: an
abstract conceptneeded to be
crystal clear

Gurus and hirers
bombarded by
number of
messages–
therefore a more
direct approach
needed

10
Ads
• Aspirational side of being an IP to be communicated

• The idea flows as

 There was a
consistent
wariness of not
communicating
what’s not feasible
 Nothing like ―sign
up and get a job‖

Engaging

Authenticity

Visual
profile
11
Foote Cone bending Model
High

Rational/Thinking

Emotional/Feeling

• Creative Strategy:
Demonstartion

• Creative Startegy:
Emotional

Involvement

Media Startegy: Long
informative

Media Startegy: Emphasis
on pictures,TV
Learn-Feel Do

Feel-LearnDo

Do-LearnFeel

Do-FeelLearn

Guru.com

• Creative Strategy:
Reminder
Media strategy: Small
space adds

• Creative Strategy:
Attention
Media strategy:
TV/Newspapers

Low
12
Do-Learn-Feel Hierarchy
Model: Do-learn-feel (responsive?)

Possible implications
Test:
Sales (no of customer acquisitions)
Media:
Small space ads
10-second ID’s
Radio; Point of Sale
Creative:
Reminder

Ad campaigns 1 & 2 satisfy the criteria of small space ads and also 10second ID’s but campaign 3 doesn’t satisfy the criteria as there is too much
information to grasp in 10 seconds

13
Ad Effectiveness testing
 Verbal vs Visual
 Ads 1 & 2 are balanced
 Ad 3 has too much text
 Layout of Ad Copy components
 No problem with any of the ads
 Written copy/fonts/size etc.
 Smaller font size in Ad 2 reduces its effectiveness
 Positive vs Negative Ad copy appeal
 All the 3 ads have positive appeal

14
15

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Guru.com final

  • 1. Guru.com PRESENTED TO: PROF. NEELAM KINRA Presented by :  Goutham PGP28070  Niraj Kumar PGP28311  Noopur PGP28326  Suresh Majji PGP28344  Uday Kiran Pappu PGP28108  Udaykiran Edikoju PGP28304 1
  • 2. Industry More Companies to outsource Pre 2000  Traditional Industry  Only flexible contemporary workers  Clerical workers Post 2000  Industry modernization started  Knowledge based employees  Qualified workers Several projects to get outsourced More IPs who would need the services of talent facilitators 2
  • 3. Jan Company – www.guru.com million Independent Professionals  Offers a gamut of supporting services like Tax James Sluvet guidance, health insurance discounts, career advice, etc.  Earns revenue by charging companies for each project posted and ads displayed on their website  High satisfaction level among the hirers March Timeline of events in 1999  Offering Website service that caters to 25 • Thought of Freelancer service marketplace • Completed business plan & started raising money June • Completed 3 million USD funding Nov • Raised 16 million USD  Primary mediums : Print direct mails, email, and Jon Sluvet online banners with unique message for each Dec group of customers • Went live for the first time 3
  • 4. Competitors Freeagent.com • Launched in August 1999 • Expected to have 150,000 registered users in 12 months • Provided project matching and back office support eLance • Other IP project marketplace • Used the bidding model to earn revenue Monster.com’s TalentMarket • Mass Full-time Online Career Sites • 10,000 bidders bidding for 143000 IP’s at any one time • Received fee on the basis of size of contract eWork • Other IP project marketplace • Used the bidding model to earn revenue 4
  • 5. AD MANAGER’S PLANNING STAGES Increase the percentage of hirers $12 million Age-25 to 55; educated, aim to be independent COMMUNICATION OBJECTIVES AND POSITIONING/ (Or Repositioning) •Awareness •Information •Attitude Lure IPs by promising better work-life balance SIX-STEP EFFECTS SEQUENCE (In Reverse Order) PROFIT Gain more market share of The increasing IPs –expected To exceed 2 bil. By 2005 More enrollments from both IPs and hirers Position as guru marketplace With investors Awareness Attitude Change Depict IPs working & relaxing at the same time Edgy and irreverent message Track by estimating IPs beyond earlier enrollment rate By print or TV Through the Media 5
  • 6. Ad to sales flow Communicate the nontraditional idea of working from home Host hirers willing to pay for quality work Brand to be perceived as a reliable area to look for work, not just to Post resumes Only hirers pay; induce them to purchase by swelling the number of IPs ADVERTISING IMMEDIATE SALES 25% of projects had been matched, level of user activity higher than average NEW CUSTOMERS 6
  • 7. Ad campaign objectives What is the communication in the Ad? “We understand Gurus. We know what makes them tick, what they want out of life, why they became gurus in the first place and what success smells like to them. What do you think” What is the Target Segment for the Ad? “To reach both Gurus and hirers separately” How do we reach to the target segment? “TV, print, Radio” How much do you need to spend? “$12 million” 7
  • 8. Ad campaign Objectives  It must capture the attention of the      consumer It must create the awareness It is assumed that learning (Cognitive effect) must occur before attitudes are formed (Affective stage), which will lead to behaviour (Conative) Its based on Feel-Learn-Do hierarchy We can place the ad’s of Guru.Com in the second quadrant (High involvement and Emotional thinking) Public Relations need to be addressed 250 mil. impressions in the first six months Lavidge & Steiner Model Cognitive Awareness Knowledge Affective Preference Conviction Conative Purchase Action 8
  • 9. Medium TVs and print media are the most effective means of communication TV  TV propagates an emotional Print  Print media relates more information  Spreading ads across publications could access broad range of specialists  Gurus are prolific readers  500000 subscribers for a magazine—then read by another million who borrow it appeal more effectively  But there is an attached concern:  Right people watching at right times  More costly owing to short term market 9
  • 10. Message Tone of offline advertising needs to be edgy but clear People should know exactly what guru.com does Notion of empowerment of crore IPs: an abstract conceptneeded to be crystal clear Gurus and hirers bombarded by number of messages– therefore a more direct approach needed 10
  • 11. Ads • Aspirational side of being an IP to be communicated • The idea flows as  There was a consistent wariness of not communicating what’s not feasible  Nothing like ―sign up and get a job‖ Engaging Authenticity Visual profile 11
  • 12. Foote Cone bending Model High Rational/Thinking Emotional/Feeling • Creative Strategy: Demonstartion • Creative Startegy: Emotional Involvement Media Startegy: Long informative Media Startegy: Emphasis on pictures,TV Learn-Feel Do Feel-LearnDo Do-LearnFeel Do-FeelLearn Guru.com • Creative Strategy: Reminder Media strategy: Small space adds • Creative Strategy: Attention Media strategy: TV/Newspapers Low 12
  • 13. Do-Learn-Feel Hierarchy Model: Do-learn-feel (responsive?) Possible implications Test: Sales (no of customer acquisitions) Media: Small space ads 10-second ID’s Radio; Point of Sale Creative: Reminder Ad campaigns 1 & 2 satisfy the criteria of small space ads and also 10second ID’s but campaign 3 doesn’t satisfy the criteria as there is too much information to grasp in 10 seconds 13
  • 14. Ad Effectiveness testing  Verbal vs Visual  Ads 1 & 2 are balanced  Ad 3 has too much text  Layout of Ad Copy components  No problem with any of the ads  Written copy/fonts/size etc.  Smaller font size in Ad 2 reduces its effectiveness  Positive vs Negative Ad copy appeal  All the 3 ads have positive appeal 14
  • 15. 15