The document provides an overview of social media marketing in India. It discusses key topics like the growth of social media usage in India, popular social media platforms used for marketing, and common social media marketing strategies. Some key statistics are presented on India's digital landscape and the potential of social media marketing in the large Indian market. The role of social media engagement and interactions in marketing is also highlighted.
â˘Customer acquisition and Customer Retention for company and basic knowledge on Digital Marketing.
â˘Social Media Marketing and surveyed the market to understand the consumer needs in the Digital Era.
Summer Internship Project Report on Digital Marketing for INTERALLAINCE WER...anonymous
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Summer internship project report on Summer Internship Project Report on Digital Marketing for INTERALLAINCE WERARDT & Market Survey For⨠New Product Launch: BONN BREAD
A project report on Social Media MarketingSafder Mak
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Introduction: Social media has gained importance and acceptance at a very past pace. It has become an avenue to share oneâs personal and professional life. The usage of social media as a marketing tool is already implemented by many businesses. This reports analysed how effectively social media be used as a marketing tool. The comparison of social media versus traditional media for marketing was studied and advantages and disadvantages of both are compiled. This report also analysed how small business start-ups can benefit from the ever growing social media industry.
Method: This report used journals, magazine articles, newspaper articles, business reviews, online survey and so on from the library of Amity University. Further official social media pages of various companies on Facebook, Twitter and LinkedIn were analysed to generate statistics.
Result: Social media presence is definitely an advantage for all kinds of businesses. Social media marketing has wider market appeal and is relatively cheaper than traditional advertisements. With a huge number of audiences and high customisability of social media for required content, social media marketing emerges as an exciting and effective tool for marketing.
â˘Customer acquisition and Customer Retention for company and basic knowledge on Digital Marketing.
â˘Social Media Marketing and surveyed the market to understand the consumer needs in the Digital Era.
Summer Internship Project Report on Digital Marketing for INTERALLAINCE WER...anonymous
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Summer internship project report on Summer Internship Project Report on Digital Marketing for INTERALLAINCE WERARDT & Market Survey For⨠New Product Launch: BONN BREAD
A project report on Social Media MarketingSafder Mak
Â
Introduction: Social media has gained importance and acceptance at a very past pace. It has become an avenue to share oneâs personal and professional life. The usage of social media as a marketing tool is already implemented by many businesses. This reports analysed how effectively social media be used as a marketing tool. The comparison of social media versus traditional media for marketing was studied and advantages and disadvantages of both are compiled. This report also analysed how small business start-ups can benefit from the ever growing social media industry.
Method: This report used journals, magazine articles, newspaper articles, business reviews, online survey and so on from the library of Amity University. Further official social media pages of various companies on Facebook, Twitter and LinkedIn were analysed to generate statistics.
Result: Social media presence is definitely an advantage for all kinds of businesses. Social media marketing has wider market appeal and is relatively cheaper than traditional advertisements. With a huge number of audiences and high customisability of social media for required content, social media marketing emerges as an exciting and effective tool for marketing.
Project report on- "A study of digital marketing services" MarketerBoard
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To begin with, as a part of the curriculum a summer internship programme was to be conducted for a period of two months. Given a choice one was allowed to choose the field in which he/she was interested. As my interest and curiosity was in online or digital marketing I choose to work with a startup company named Return on web. Return on web is three year old Pune based online marketing & web development firm focused on providing you business-centric strategic solutions to the companies. I choose the startup company because with start I can explore myself and why digital marketing? Because it is booming industry, the growth of digital marketing is tremendous and expected to grow more.
Due to this summer internship, I learnt every aspect of digital marketing include (business development process, content writing, social media). The company asks me to do their competitive research and told to found return on web USP. And research of our target segments digital habits. With the help of the research we got a flow of what are the major criteriaâs we need to have. One had to identify various sectors in the market that actually have a need of digital marketing services. And then your task is to approach them before your competitors.
Digital marketing startup companies follow a standard process of approaching clients. There are certain steps which cannot be altered or skipped. These are followed in sequences and executed after evaluating the process again and again. In digital marketing your team should be strong enough to deliver what your client expecting, as under digital marketing everyone work is interconnected and with a team only one campaign can get ready.
An extensive literature review is done on the concepts and theories related to web advertising. A review of Research papers, articles is undertaken to take note of and acknowledge work that has been done in the field of web advertising as such. The Researcher has collected secondary data from reputed Journals and Magazines, Newspapers, articles, Internet websites and Archives. The Researcher has visited
Libraries in Pune and out of Pune, to collect literature.The researcher has identified seven research papers along with thirteen articles published in renowned journals on various topics such as Web ad, Web based ad market, E-commerce impact, trends of online marketing, consumer attitude to Web ad and sales/marketing strategy
It was an amazing experience working virtually and on field. I came to many new terminologies of digital marketing, corporate world etc. The project contain the task which has been done by me during my internship as well as what I have learnt from it.
Project Report on Digital Media Marketing Asams VK
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Internship Report on Digital media Marketing. This report explains the importance of digital media marketing in present era and this report will help the reader to get an idea about the Industry, Indian population and digital media, Duties and responsibility of client servicing executives in an agency, Steps involved in client servicing and Consumer buying behaviour in the digital era. After reading the whole report the reader can able to understand the reason behind growing digital media marketing
analytical study of digital marketing for data-loggers. this report was submitted as SIP report to SPPU.
it has detailed explanation of how digital marketing can be used for marketing and advertising as well as branding.
A STUDY ON EFFECTIVE BRAND PROMOTIONAL STRATEGIES INFLUENCING CUSTOMERSIAEME Publication
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The paper aims to investigate the effectiveness of brand promotional strategies by Max retail, which influences the customers to purchase. Data set included use of and influence of outdoor and in-store promotional tools. These were investigated to determine impact and effect of the promotions. There is a good response about the hoardings kept in the store and POP for the internal communications and promotions and through this research study, many of the customers have shown their neutral opinion about the contests/sweepstakes/games. One third of the respondents are respond ed that the paper advertisement helps them to know the offers of Max.
summer internship project- A study of wholesalers & retailers feedback toward...Mohij Bohari
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The Main and Basic Objective were to survey the market for knowing prevailing market condition of Product of Arpit Agro and comparing sales activities and promotional activities undertaken by Arpit Agro and other same companies in market of Jalgaon.
A PROJECT REPORT ON A Study On Online Shopping Behavior Of Hostel Students fu...Vibhor Agarwal
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A PROJECT REPORT
ON
A Study On Online Shopping Behavior Of Hostel Students
Includes
OBJECTIVES
RESEARCH METHODOLOGY
INTRODUCTION
DATA INTERPRETATION AND ANALYSIS
FINDINGS
SUGGESTIONS AND RECOMMENDATIONS
CONCLUSIONS
LIMITATIONS
BIBLIOGRAPHY
QUESTIONNAIRE
Internship Project - Digital Marketing and BrandingRitesh Kotian
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As a part of my Summer internship curriculum I analyzed and designed various digital marketing and branding techniques for Earlypad Consulting Services Pvt. Ltd to increase brand awareness thereby create brand differentiation for upcoming leaders with startups
Project report on- "A study of digital marketing services" MarketerBoard
Â
To begin with, as a part of the curriculum a summer internship programme was to be conducted for a period of two months. Given a choice one was allowed to choose the field in which he/she was interested. As my interest and curiosity was in online or digital marketing I choose to work with a startup company named Return on web. Return on web is three year old Pune based online marketing & web development firm focused on providing you business-centric strategic solutions to the companies. I choose the startup company because with start I can explore myself and why digital marketing? Because it is booming industry, the growth of digital marketing is tremendous and expected to grow more.
Due to this summer internship, I learnt every aspect of digital marketing include (business development process, content writing, social media). The company asks me to do their competitive research and told to found return on web USP. And research of our target segments digital habits. With the help of the research we got a flow of what are the major criteriaâs we need to have. One had to identify various sectors in the market that actually have a need of digital marketing services. And then your task is to approach them before your competitors.
Digital marketing startup companies follow a standard process of approaching clients. There are certain steps which cannot be altered or skipped. These are followed in sequences and executed after evaluating the process again and again. In digital marketing your team should be strong enough to deliver what your client expecting, as under digital marketing everyone work is interconnected and with a team only one campaign can get ready.
An extensive literature review is done on the concepts and theories related to web advertising. A review of Research papers, articles is undertaken to take note of and acknowledge work that has been done in the field of web advertising as such. The Researcher has collected secondary data from reputed Journals and Magazines, Newspapers, articles, Internet websites and Archives. The Researcher has visited
Libraries in Pune and out of Pune, to collect literature.The researcher has identified seven research papers along with thirteen articles published in renowned journals on various topics such as Web ad, Web based ad market, E-commerce impact, trends of online marketing, consumer attitude to Web ad and sales/marketing strategy
It was an amazing experience working virtually and on field. I came to many new terminologies of digital marketing, corporate world etc. The project contain the task which has been done by me during my internship as well as what I have learnt from it.
Project Report on Digital Media Marketing Asams VK
Â
Internship Report on Digital media Marketing. This report explains the importance of digital media marketing in present era and this report will help the reader to get an idea about the Industry, Indian population and digital media, Duties and responsibility of client servicing executives in an agency, Steps involved in client servicing and Consumer buying behaviour in the digital era. After reading the whole report the reader can able to understand the reason behind growing digital media marketing
analytical study of digital marketing for data-loggers. this report was submitted as SIP report to SPPU.
it has detailed explanation of how digital marketing can be used for marketing and advertising as well as branding.
A STUDY ON EFFECTIVE BRAND PROMOTIONAL STRATEGIES INFLUENCING CUSTOMERSIAEME Publication
Â
The paper aims to investigate the effectiveness of brand promotional strategies by Max retail, which influences the customers to purchase. Data set included use of and influence of outdoor and in-store promotional tools. These were investigated to determine impact and effect of the promotions. There is a good response about the hoardings kept in the store and POP for the internal communications and promotions and through this research study, many of the customers have shown their neutral opinion about the contests/sweepstakes/games. One third of the respondents are respond ed that the paper advertisement helps them to know the offers of Max.
summer internship project- A study of wholesalers & retailers feedback toward...Mohij Bohari
Â
The Main and Basic Objective were to survey the market for knowing prevailing market condition of Product of Arpit Agro and comparing sales activities and promotional activities undertaken by Arpit Agro and other same companies in market of Jalgaon.
A PROJECT REPORT ON A Study On Online Shopping Behavior Of Hostel Students fu...Vibhor Agarwal
Â
A PROJECT REPORT
ON
A Study On Online Shopping Behavior Of Hostel Students
Includes
OBJECTIVES
RESEARCH METHODOLOGY
INTRODUCTION
DATA INTERPRETATION AND ANALYSIS
FINDINGS
SUGGESTIONS AND RECOMMENDATIONS
CONCLUSIONS
LIMITATIONS
BIBLIOGRAPHY
QUESTIONNAIRE
Internship Project - Digital Marketing and BrandingRitesh Kotian
Â
As a part of my Summer internship curriculum I analyzed and designed various digital marketing and branding techniques for Earlypad Consulting Services Pvt. Ltd to increase brand awareness thereby create brand differentiation for upcoming leaders with startups
Establishing the benefits of social media within your business is likely the first concern before thinking to undertake the implementation and execution of a sound marketing campaign.
An important point to remember, which many businesses fail to realise, is that advancing with wider social media benefits will increase the potential to enhance your priority objective.
A complete guide to creating a successful social media marketing plan.pdfWebMaxy
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B2B Marketing: 5 Outstanding Ways to Leverage Social Media in a B2B Setting b...Julie Bevacqua
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Julie Bevacqua shares tools to brand yourself as a market leader, such as Social Connector and Jigsaw, and social media platforms such as LinkedIn and Plaxo.
KRV Guru is an award winning best & top digital marketing agency in hyderabad,India with skillset on social media marketing services,
content marketing, search engine optimization services. KRV Guru has delivered successful results to Global clientele on
digital marketing services & digital strategies also. Either you can outsource digital marketing services or hire a digital
marketing expert resource for your project.Be it Google PPC or Mobile app marketing we have the best inhouse team to deliver
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the best choice for you.
When I was a consultant for Plug Media Group, I spoke to a real estate investment group and gave this presentation that Jeff Dietrich and I developed.
While it\'s somewhat dated, many of the concepts still stand up, such as having a conversation using social media.
Marketing Plan For The Sparks Foundation By Aisha ChauhanAishaChauhan9
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This marketing plan for the social media e.g Linkedin. I secured a place as a Digital Marketing Intern in its Graduate Rotational Internship Program at The Sparks Foundation. #GRIPDEC20#tsf #grip #internship#digitalmarketing
Similar to Social media marketing on india str (20)
https://bit.ly/BabeSideDoll4u Babeside is a company that specializes in creating handcrafted reborn dolls. These dolls are designed to be incredibly lifelike, with realistic skin tones and hair, and they have become increasingly popular among collectors and those who use them for therapeutic purposes. At Babeside, we believe that our reborn dolls can provide comfort and healing to anyone who needs it.
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Welcome to the Program Your Destiny course. In this course, we will be learning the technology of personal transformation, neuroassociative conditioning (NAC) as pioneered by Tony Robbins. NAC is used to deprogram negative neuroassociations that are causing approach avoidance and instead reprogram yourself with positive neuroassociations that lead to being approach automatic. In doing so, you change your destiny, moving towards unlocking the hypersocial self within, the true self free from fear and operating from a place of personal power and love.
Ethical_dilemmas_MDI_Gurgaon-Business Ethics Case 1.pptx
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Social media marketing on india str
1. MAHARAJA SURAJMAL INSTITUTE
SUMMER TRAINING REPORT
Social Media Marketing In India
PROJECT REPORT SUBMITTED IN PARTIAL FULFILLMENT OF BCOM (H)
SEMESTER V
BATCH:18-21
DR. ANVITI RAWAT Prepared by:DARPAN
Professor, Maharaja Surajmal Institute Roll No:00914988818
2. CERTIFICATE
I, Darpan, Roll NO. 00914988818 certify that the Project Report titled
âSocial Media Marketing In Indiaâ is completely authentic work
carried out by myself. The project was undertaken as part of an internship
program.
DARPAN
Dr. Anviti Rawat
Professor, Maharaja Surajmal Institute
3. ACKNOWLEDGEMENT
I would like to take this opportunity to express a deep sense of
Prof. Racita Rana Director of Maharaja Surajmal Institute. For
his continuous encouragement, and invaluable guidance for
completing the present project work.
I am highly thankful towards Dr. Anviti Rawat (HOD) and my
research guide for her thoughtful suggestions, words of
encouragement, and for
I would also like to thank all teaching and non-teaching staff ate
Maharaja Surajmal Institute, for their support and without whom,
I would not have been able to finish this task.
I am ever so grateful for my family and friend for providing their
support and help.
Darpan
00914988818
4. TABLE OF CONTENTS
Serial No. TOPICS PAGE
NO
Executive Summary 06
1 Introduction
⢠Company profile
⢠Scope of study
⢠Objective of study
⢠Research Methodology
â˘
07-11
2 Industry overview 12-20
3 Review of Literature 21-23
4 Survey on Social Media Marketing Background 24-35
5 Recommendations & Conclusion 36-40
6 Bibliography & Annexure 41-43
6. EXECUTIVE SUMMARY
Social media marketing refers to the process of gaining website traffic or
attention through social media sites. Indian marketers are moving at a fast
speed to tap the new normal opportunity. Social media has gone main
stream. And for businesses it represents an unprecedented marketing
opportunity that transcends traditional middlemen and connects
companies directly with customers. The focus of marketers is shifting
from sending the message out to start engaging with customers. In this
context, the role of a marketer is changing from batch and blast
processing to creating listening posts and dialogue hubs in customer
communities. A shift from isolated pure play traditional platforms to an
integrated multi-channel approach is helping the marketers address the
challenge of new consumersâ expectations across many devices and
channels. Indian marketers are leveraging the power of various
communication channels and technologies- be it Email, SMS or Social
Media in their portfolio. Here we will see the main trend of Social media
marketing in India,The scope of it, The future and will under go a research
to follow the Customer perception About Social media for Brand
management.
8. COMPANY PROFILE
About the organization : AURA is an social media platform for college
students, by students. A mobile app that digitally creates a college aura
for the collegians. This makes college for them not steps but a click
away.
AIM: The aim of Aura is, to provide students a medium to promote
their events, college societies and college fests on a single platform. It
allows students to showcase their talents. Students get to know about
every single ...
A quick glance can not really give out much information about a
particular individual. we are here to help you connect and increase your
networking and be an active participant of all the events and fun going
around in college with a social media platform enabling you to
"create","xplore" and "know" evey deets and updates
9. SCOPE OF THE STUDY
This study aims at studying client servicing and business development
process. It is a continuous process followed by six steps which are
important that their level. This study helps me to get the reality check
of a market where actual comparison between the classroom
knowledge and the real situation can be done. By just learning theory
and facing actual situations it concepts and practices might vary. The
study helps to understand the different concepts of digital marketing,
but while implementing it might differ from situation to situation. This
study helps to understand and know how to deal with different kinds of
customers or a clients and how to make an impressive online
campaigns.
10. OBJECTIVE OF THE STUDY
ďˇ To study the role of digital marketing in Return on web.
ďˇ To study the different criteria of digital marketing services.
ďˇ To analyze the approach which help them to get more business?
ďˇ To know how to pitch a client while meeting basically how to talk,
what to talk, how to make client engage in your conversation.
ďˇ To know the right way of writing a proper content for the E-mailers.
ďˇ To study the growth of Digital marketing.
11. RESEARCH METHODOLOGY
The descriptive research design is used for analyzing and studying the
process of Business Development. It is very simple & more specific than
explanatory study. The descriptive study is a fact finding investigation
with adequate interpretation. The descriptive study aims at identifying
the various characteristics of a problem under study. It reveals
potential relationships between variables and also setting the stage for
further investigation later. The results of such research are not usually
useful for decision making by them, but they can provide significant
insight into a given situation. Although the results of qualitative
research can give some indication as to the âwhyâ, âhowâ and âwhenâ
something occurs, it cannot tell us âhow oftenâ or âhow manyâ. As the
research conducted was observatory there was no questionnaire and
hence no sample size or data interpretation was to be done. Data
Sources:
Primary Data: - It is a firsthand data which is collected by you only. The
different way of collecting primary data is personal interview,
questionnaire, survey etc. As my project is descriptive study there is no
primary data collected as such.
Secondary Data:- Secondary data is collected from already existing
sources in various organization broachers & records. Secondary data for
the study were collected from the magazines, websites & other
previous studies. To meet the objectives, the study used qualitative
research. The descriptive study was done through review of existing
literature that helped in validation and extraction of the important
variables and factors. Data was collected from secondary sources.
Secondary sources were magazines, websites, books, office executives,
and company data.
13. INDUSTRY OVERVIEW
Social media marketing: Social media marketing programs usually
center on efforts to create content that attracts attention and
encourages readers to share it with their social networks. A corporate
message spreads from user to user and presumably resonates because
it appears to come from a trusted, third-party source, as opposed to
the brand or company itself. Hence, this form of marketing is driven by
word-of-mouth, meaning it results in earned media rather than paid
media. Social media has become a platform that is easily accessible to
anyone with internet access. Increased communication for
organizations fosters brand awareness and often, improved customer
service. Additionally, social media serves as a relatively inexpensive
platform for organizations to implement marketing campaigns. Social
media marketing tools: Besides research tools, various companies
provide specialized platforms and tools for social media marketing:
Social media measurement Social network aggregation Social
bookmarking Social analytics Automation Social media Blog marketing
Validation Different Methods of Social Media Marketing Social network
marketing is popularly called as Internet marketing. Today you can find
many ways for internet marketing. Many people who enter this online
marketing are less worried because of its guaranteed success. If you see
in Internet totally all types of products has been marketed online
without much effort. Internet attracts many business people to
promote their business online. Social network marketing is grown to
such a height that today many people cant earn without it. Some of the
14. most recognized network marketing tools are Facebook, MySpace and
LinkedIn. Twitter became regular place for people who have newly
entered the field of social network marketing.
1. Blogging: When you start Blogging or posting your data about any
product, you can see less response from clients. Later it will become big
business via blog. Websites and blogs are most powerful tools for social
network marketing when matched with other networking tools. Blog is
an amazing tool which provides many other facilities in addition to just
marketing your business. It also helps you to communicate with other
client sin case if you have any problems.
2. Personal website or blog: It is important to have private website if
you are a freelancer. Your website will help your clients to know about
you and it will make them clear that you are a serious freelance
marketer and help to make huge revenue via online marketing.
3. Article selling: It is also best and cheap internet marketing method. It
is a mode of advertising our trade just by writing articles and attracting
endless number of users across world. We usually sell our articles to
different article database websites and article directories. Today it
provided free business to many advertisers and publishers and they are
really benefited through their articles.
4. Email sending: Electronic mail sending is the best way to marketing.
Collect list of email addresses through portfolio websites and email
about your business to all internet users. Your Email should be
attractive in such a way that your recipient will be impressed to get
back to you.
5. Use social networking websites: Social networking websites like
15. Twitter, facebook can be used to promote your sales. These provide
best platform for all who are thinking of online marketing.
6. Video promotion: Use several video distribution websites for your
marketing. These websites uploads your service to the whole world. All
that you need to do is film a video about marketing and send it to video
uploading sites like You Tube. It seems it is the easiest way of marketing
than any other modes since many people will be interested in view
videos rather than word form of advertisement.
7. Press Release or media release: It attracts several public clients and
increases relationship among them.
8. Search Engine Optimization: It improves the traffic to your website by
providing quality web content. It uses RSS feeds and many SEO
techniques. Social networking websites and blogs: Social networking
websites allow individuals to interact with one another and build
relationships. When products or companies join those sites, people can
interact with the product or company. That interaction feels personal
to users because of their previous experiences with social networking
site interaction Social networking sites and blogs allow individual
followers to âretweetâ orârepostâ comments made by the product
being promoted. By repeating the message, all of the userâs
connections are able to see the message, therefore reaching more
people. Social networking sites act as word of mouth. Because the
information about the product is being put out there and is getting
repeated, more traffic is brought to the product/company. Through
social networking sites, products/companies can have conversations
and interactions with individual followers. This personal interaction can
instill a feeling of loyalty into followers and potential customers. Also,
16. by choosing whom to follow on these sites, products can reach a very
narrow target audience. Engagement In the context of the social web,
engagement means that customers and stakeholders are participants
rather than viewers. Social media in business allows anyone and
everyone to express and share an opinion or idea somewhere along the
businessâs path to market. Each participating customer becomes part of
the marketing department, as other customers read their comments or
reviews. The engagement process is then fundamental to successful
social media marketing.Example-2008 Presidential Election The 2008
presidential campaign had a huge presence on social networking sites.
Barack Obama, a Democratic candidate for US President, used Twitter
and Facebook to differentiate his campaign. His social networking site
profile pages were constantly being updated and interacting with
followers. Kony 2012A short film released on March 5, 2012, by human
itarian group Invisible Children, Inc. This 29 minute video aimed at
making Joseph Kony, an International Criminal Court fugitive, famous
worldwide in order to have support for his arrest by December 2012;
the time when the campaign ends. The video went viral within the first
six days after its launch, reaching 100million views on both YouTube
and Vimeo. Implications on traditional advertising: Minimizing use
Traditional advertising techniques include print and television
advertising. The Internet had already overtaken television as the largest
advertising market. Websites often include banner or pop-up ads.
Social networking sites donât always have ads. In exchange, products
have entire pages and are able to interact with users. Television
commercials often end with a spokes person asking viewers to check
out the product website for more information. Print ads are also
starting to include barcodes on them. These barcodes can be scanned
17. by cell phones and computers, sending viewers to the product website.
Advertising is beginning to move viewers from the traditional outlets to
the electronic ones. Leaks Internet and social networking leaks are one
of the issues facing traditional advertising. Video and print ads are
often leaked to the world via the Internet earlier than they are
scheduled to premiere. Social networking sites allow those leaks to go
viral, and be seen by many users more quickly. Time difference is also a
problem facing traditional advertisers. When social events occur and
are broadcast on television, there is often a time delay between airings
on the east coast and west coast of the United States. Social
networking sites have become a hub of comment and interaction
concerning the event. This allows individuals watching the event on the
west coast(time-delayed) to know the outcome before it airs. Social
media marketing mishaps Social media marketing provides
organizations with a way to connect with their customers. However,
organizations must protect their information as well as closely watch
comments and concerns on the social media they use. A flash poll done
on 1225 IT executives from 33 countries revealed that social media
mishaps caused organizations a combined $4.3 million in damages in
2010.The top three social media incidents an organization faced during
the previous year included employees sharing too much information in
public forums, loss or exposure of confidential information, and
increased exposure to litigation An example of a social media mishap
includes designer Kenneth Coles Twitter mishap in 2011. When
Kenneth Cole tweeted, "Millions are in uproar in #Cairo. Rumor is they
heard our new spring collection is now available online at [Kenneth
Coles website]".This reference to the 2011 Egyptian Revolution drew
objection from the public. General Social Networking Statistics: 62% of
18. adults worldwide now use social media Social networking is most
popular online activity, with 22% of time online spent on channels like
Facebook, Twitter and Pinterest 65% of the worldâs top companies have
an active Twitter profile 90% of marketers use social media channels for
business, with 93% of these rating social tools as âimportantâ 43% of
marketers have noticed an improvement in sales due to social
campaigns 72% of marketers who have worked in social media for
three or more years said that they saw a boost in turnover due to social
channels (the longer youâre working in it the better you get) 91% of
experienced social marketers see improved website traffic due to social
media campaigns and 79% are generating more quality leads. The
average time spent by marketers on social media is 1-5hrs per week for
those just getting started and 6+ hours per week for those with 3+
years of experience The most popular social networking tool for
marketing is Facebook â being used by 92%, followed by Twitter (84%),
LinkedIn (71%) and blogs (68%) LinkedIn is 4X better for B2B lead
generation than Facebook and Twitter
Only 10% of marketers are actively monitoring social media ROI Only
22% of businesses have a dedicated social media manager 23% of
Fortune 500 companies have a public-facing corporate blog 58% of
Fortune 500 companies have an active corporate Facebook account,
62% have an active corporate Twitter account 47% of customers are
somewhat likely to purchase from a brand that they follow or like
Indian Market: Indiaâs Internet economy is expected to reach Rs. 10.8
trillion by 2016, as the countryâs growth rate in this segment is far
ahead of many of the developing nations, reported by BCG. According
to BCG, the India Internet economy contributed to 3.2 trillion rupees to
19. the overall economy in 2010, 4.1% of the countryâs GDP, & could triple
in 4 yearsâ time. More than 39 million Internet users who form 86% of
the total Internet audience, visited social networking sites in July 2011.
The total Indian social networking audience grew 43 percent in the past
year, more than tripling the rate of growth of the total Internet
audience in India. India now ranks as the seventh largest market
worldwide for social networking India is adding Internet users at the
rate of almost 5-7 million a month, and at the current pace it will
surpass the US, which has about 245 million users, in less than two
years. Active user base per month in India is close to 30 Million marks
which is still a pretty large market but not as big as portrayed by some
consultants. India has close to 10 million online shoppers and is
growing at an estimated 30%. India e-tailing market in 2011 was about
$600 Mn and expected to touch $9 Bn by 2016 and $70 Bn by 2020 â
esti the country the third- largest Internet market in the world after
China and the United States.
There are more Internet users in towns with a population of less than 5
lakh than in the top eight metros put together. âAbout 2 billion people
worldwide access the Internet and 25% of them are from China. India
contributes about 6% to the worlds Net population and the US 12.5%.
The survey found that more than 75% of Internet usage is among
school- and college-going students and those who have recently
graduated. Mumbai has the highest number of Internet users (6.2
million) followed by Delhi/NCR (5 million), Kolkata (2.4 million) and
Chennai (2.2 million). The percentage of companies using social media
in top 5 markets is: ď§ China: 82% ď§ USA: 71% ď§ India: 70% ď§ Brazil: 68% ď§
Canada: 51%E-Marketer estimates advertisers will spend $3.63 billion
20. in the US and over $4 billion more in the rest of the world on social
networking sites this year. And thatâs just paid ad spending.When the
Association of National Advertisers (ANA) surveyed US marketers this
year, 90% said they were using social networks for their effortsâabout
even with last year, at 89%. While this percentage has risen
dramatically since 2007,when just 20% of marketers used social media,
growth has plateauedâand shifted to other new digital media
platforms instead.
22. LITERATURE REVIEW
Social media has taken over the world in every sense. In the field of
marketing, advertising, brand building, promotions social media is the
most sought after method adopted by entrepreneursâ young and old.
The word social media brings to mind the most used networking sites
like Facebook, Twitter and Linked In though there are other social
media websites such as YouTube. Social media is widely used in various
businesses like small business, banking, retail marketing, B2B
marketing, travel and tourism marketing, financial institutions
marketing and so on. This chapter aims to throw light on the way in
which social marketing can be used effectively for business
development. The initial part of this chapter will give an overview of
how social media as a whole can help promote businesses and further
down the report, specific cases pertaining to a particular social
networking website used for developing a particular business unit will
be examined.
IMPORTANCE OF SOCIAL MEDIA IN TODAYâS WORLD
Marie Swift (2006) suggests that placing an advertisement in the print
media is not the best solution for brand promotion. The problem with
traditional mass advertising according to Marie is that, these media
appeal to a wide range of people who may not even be interested to
know who we are. On the other hand, promotions and brand building
must be done with people whom we think are potential customers for
our business. This can be achieved by channelizing a greater part of
23. promotion and advertising budget for activities such as networking,
volunteering, hosting events and so on. Out of these methods,
networking is the best that suits the need of the time (Marie Swift,
2006). With the technological advancements in todayâs world, it is fairly
easy to be connected with the outside world with the help of social
networking sites. Peer networking is an important way of advertising
and this is all set to take over the world of marketing in the near future.
The biggest advantage of social media marketing is that it can be used
for any kind of business regardless of whether it is B2B or B2C. Also the
relative cost is much lesser as compared with traditional advertising.
SOCIAL MEDIA FOR BUSINESS TO BUSINESS MARKETING
Michael Rodriguez et al (2012) conducted a study on the effectiveness
of social media marketing by analysing 1699 business to business
clients from around 25 industries. The study proves that social media is
indeed helpful for B2B firms in generating new sales. Social media is the
best tool for finding new clients and deepening the relationship with
existing customers.
SOCIAL MEDIA FOR BUSINESS TO CONSUMER MARKETING
Social media can be effectively used for various B2C clients to increase
sales. This includes business markets such as travel and tourism, banks,
retail outlets and so on.
25. SURVEY ON SOCIAL MEDIA MARKETING BACKGROUND
This report presents selected results from the Social Media
Management Survey for the AURA. The survey collected perception
towards the social media marketing from a representative sample of
management students studying in different departments of Maharaja
surajmal institute. Survey methods included online questionnaire to
collect studentâs perception towards the social media marketing. All
data collection activities conformed to standard procedures for
conducting online marketing surveys. The sampling, survey design, and
reporting methodologies are recognized by marketing manager of
AURA.
26. RESPONSES
1. Do you think social media is the most sought after method
adopted by entrepreneursâ young and old in the field of
marketing, advertising, brand building, promotions?
Social media has taken over the world in every sense. In the field
of marketing, advertising, brand building, promotions social media
is the most sought after method adopted by entrepreneursâ
young and old. 90% people agree with it but 10% of them still
believe in the traditional way of marketing.
27. 2. Which is the most effective solution for brand promotion?
Marie Swift (2006) suggests that placing an advertisement in the
print media is not the best solution for brand promotion. The
problem with traditional mass advertising according to Marie is
that, these media appeal to a wide range of people who may not
even be interested to know who we are. 73% of the people agree
with it while rest is still thinking print media has its own
significances. Someone said âprint media is the only media which
has the highest reach as it is read by the old and young
population.â
28. 3. Do you think social media marketing will help the firms to find
their potential customers?
Promotions and brand building must be done with people whom
we think are potential customers for our business. This can be
achieved by channelizing a greater part of promotion and
advertising budget for activities such as networking, volunteering,
hosting events and so on. Out of these methods, networking is
the best that suits the need of the time (Marie Swift, 2006). With
the technological advancements in todayâs world, it is fairly easy
to be connected with the outside world with the help of social
networking sites. Yes, most of the people agree with it.
29. 4. Which social networking site are you most familiar with?
In todayâs world there are many social networking sites which are
helpful for the mass marketing. The objective of this question was
to find the website which is the most popular one. Most of the
people are familiar with Facebook, LinkedIn then YouTube. Many
of them are familiar with most of the social networking sites.
30. 5. Do you think the relative cost is much lesser as compared with
traditional advertising?
More than 50% people think relative cost is much lesser as
compared with traditional advertising while more less than 30%
think it is not. The studies say that the relative cost is lesser as
compared the social media marketing with traditional advertising.
31. 6. Is social media helpful for B2B firms in generating new
sales/clients?
Social media helpful for both B2B and B2C firms in generating new
sales/clients. 63% of the people agree with it. While others think in
B2B everything is taken place in a formal way so itâs not possible to
generate new sales through the social media.
32. 7. âSocial media can be effectively used for various B2C clients to
increase sales.â Do you agree?
70% of the people agree with this because most of the people are
familiar with social networking sites and they frequently visit these
sites.
33. 8. Which one do you think is the most effective social networking
site for online marketing?
It shows that most of the people are familiar with Facebook in
comparison with other sites like Twitter and LinkedIn. Cab providers
like Ola Cabs and Taxi For Sure are more active in Twitter than
facebook. So it depends on different industries
34. 9. Do you follow your favourite brands on social networking sites
like Facebook, twitter and LinkedIn?
Most of the people do follow their favourite brands in Facebook and
twitter to know about their offerings and all.
35. 10. If yes, why do you follow them?
27% Youâre very keen to know about their new offerings. 51 57% To
know how well they are in marketing. 15 17% 27% of people follow
their favourite brands just because you like those brands. 57% are very
keen to know about their new offerings while 17% follow to know how
well they are in marketing.
37. CONCLUSIONS
Social media is working more as a search engine these days because
people trust people rather trusting companies. Also people think that it
would be cheaper to buy from the people directly rather than going to
the company website. Hence, an area of interest is searched on a social
media and concerned people are found and communicated with. Social
media marketing creates a positive effect on many business markets
such as financial institutions, travel and tourism businesses, retail
businesses, knowledge businesses, entertainment industry, and so on.
Since the process of social media marketing saves money, time and is
highly engaging and interesting social media marketing seems to be the
next big thing to hit the world as a whole. One of the biggest
advantages of social media marketing as opposed to traditional
advertising is that potential customers can be precisely targeted. For
example, in Facebook, if a person species that his area of interest is
interior designing; his home page would have advertisements of
interior designers on it. Thus, it doesnât seem to be a hassle for the
customer because they would definitely want to see those
advertisements. As for the business owner, he/she needs to pay only if
a person clicks on his/her advertisements. Thus it is a win- win situation
for both the business owner and the customer. Similarly small business
start-ups should utilize the endless opportunities provided by social
media sites such as Facebook, Twitter and LinkedIn. The biggest
advantage for small business start-ups is that the amount of money to
be spent on advertisements can be massively cut down and brand
building can be done effectively. As in LinkedIn which is customisable,
more than one products being sold by the same company can also be
marketed. This works perfectly for B2B clients who cater to more than
38. one product from the same verticals. In fact social media sites
themselves are changing at a fast pace to keep up with the marketing
trend that is present today. Though LinkedIn was started for
professional networking, it has added much functionality recently
which makes it an attractive platform for business development.
Likewise although Facebook is considered as a medium for personal
space, it is changing at a rapid pace to cater to the needs of businesses
as well. More companies are trying to market their products through
Facebook. Twitter is least preferred social networking website used for
business development. The main reason for this is that Twitter is more
demanding in terms of frequent tweets and more time should be spent
on it to respond to customer queries. However, Twitter is also changing
to cater to business development needs. Marketing Week (2012)
reports that Twitter now provides various tools for gauging the impact
of promoted tweets. Now brands who want to advertise on Twitter can
customise their advertisements on the basis of what is working for
them. Thus all popular sites are into marketing and it can be seen as a
good sign of opening the horizons for a new way of marketing which
cheaper, greener and more effective.
39. RECOMMENDATIONS
From this report it can be concluded that social media presence is
inevitable in the coming years. Not only that social media is useful as a
marketing tool, it has become the order of the day to be present in
social media. Therefore this report recommends all kind of businesses-
small scale, large scale, business to business clients, business to
consumer clients, manufacturing industries and so on to be actively
present in the social media. An important fact to be kept in mind in this
context is that most social networking sites have a cyclic growth. It
starts from minimum, attains a maximum and goes down to a minimum
again. Thus, this is the perfect time to invest time and resource in
popular social media sites such as Facebook, Twitter and LinkedIn.
Owing to the relatively small amount of investment, it is not a high risk
investment as the usage of social media will come to a minimum only
gradually. In comparison with traditional advertisements, social media
marketing caters to a more focussed group of people and thus can yield
better results. This does not mean that companies should stop using
traditional media and start using online and social media alone for
advertisements. This may result in disastrous results. An important
thing to be kept in mind is that when we say one in every seven people
are on Facebook, there can be millions of duplicate accounts and
almost half of the total number of accounts is not being accessed every
day. This limits the chances of meeting new prospects and thereby
causes a hindrance for generating new business leads. Also still the
remaining people of the world are relying on traditional media which
means that we canât ignore them. Therefore the best solution is to
combine both traditional and social media for marketing (Wakolbinger,
2009). This will bridge the gap between those people who are active on
40. social media sites and those who are still relying on traditional media.
Companies must be careful in selecting particular adverts for particular
media. A company which sells clothes may have to rely on social media
for advertising their clothes for people of the age group 15-50 whereas
they still have to depend upon traditional advertisements like TV, radio
and print media for the rest of the age group population. Thus effective
combination of social media adverts and traditional adverts will result
in better results. The online presence of firms must be frequently
updated and it must be linked with each other and with the company
website. It must be maintained well and only relevant posts must be
updated. Small businesses should embrace this wonderful technology
and reap the benefits of being on the social media for marketing.