SlideShare a Scribd company logo
A PRESENTATION
ON
SUMMER PROJECT
15MBA43
BY
Name: Anup Gavali
USN: 2GI15MBA07
KLS, Gogte Institute of Technology
Department of MBA
GENERAL INTRODUCTION ABOUT THE
SUMMER PROJECT
• The start-up model of doing business in India is on the rise and
there are a lot of success stories as well. The industry is a
combination of services provided over the internet. The recycling
and e-waste management industry in India being largely un-
organized and having a revenue which is very huge. Government
of India’s initiative and push towards the start-up drive and
incentivizing the whole sector so as to generate employment
opportunities and boost the economy.
• Internet and various digital platforms make it easier to target,
segment and position a company’s brand image, products and
services and customize the products and services addressing gaps
in service delivery. The real time data and accuracy of data
collected gives better understanding of consumer behavior and
helps in taking strategic decisions.
TITLE OF THE SUMMER PROJECT
• “THE STUDY ON IMPORTANCE OF BRANDING,
BRAND EQUITY & BRAND BUILDING FOR ONLINE
START-UPS THROUGH EFFECTIVE USE OF INTERNET
AND DIGITAL MARKETING PLATFORMS”
NEED FOR THE STUDY
• The ease and reach of the internet which has given
rise to many start-ups which are changing the service
sector.
• Online data collection and customization of services
leads to better resources management and effective
marketing communication strategies.
• The start-up environment providing many
employment opportunities for people with many
different skills which was not the case before.
OBJECTIVES OF THE STUDY
• To understand startup environment.
• To understand brand equity and brand awareness of
startup companies.
• Importance of digital marketing and internet for
effective communication and brand building.
SCOPE OF THE STUDY
The business itself being in its nascent stages allows
to study from a very close angle the functioning of a
start-up and also understand the industry into which
the company is operating. The importance of waste
management and recycling. How to use online
media, being creative and resourceful with what is
available to the best advantage to gain maximum
benefit.
Digital marketing tools and techniques which could
save lots of valuable resources if utilized properly.
RESEARCH METHODOLOGY
LITERATURE REVIEW
Articles based on online environment stating how E-
business enables an organization to spread its reach to
a wide range of public and gives it better chance at
survival at a very low cost compared to traditional
format of business set-up. E-business as it has many
advantages so does it come with its own sets of
complications and short-comings which need to be
addressed and if done properly the opportunity and
untapped market potential realization can easily lead
to huge revenue generation for a given business house.
Start-up India initiative.
LIMITATIONS OF THE STUDY
Technical limitations;
• 1. Lack of standardization.
• 2. Software tools changing at a very fast rate.
• 3. Not enough telecommunication bandwidth and
connectivity.
• 4. Hardware incompatibility of software and technical
glitches.
Non-Technical limitations;
• 1. Lack of human touch and feel.
• 2. Legal issues and lack of awareness.
• 3. Rapidly changing and evolving e-business.
• 4. Inconvenient and expensive access to internet.
INDUSTRY PROFILE
Startups sprouting in the waste management and recycling
category. Chennai-based Paperman was one of early social
enterprises dedicated to creating awareness around recycling right
from 2010.
Noida-based Attero Recycling raised Rs 100 crore in 2014 and is a
success story in this space. Chennai-based Kabadiwalla Connect
garnered attention and a sizeable grant from the World Economic
Forum. E-waste recyclers, Karma Recycling also raised an
undisclosed amount in July 2015.
India recycles only about 20 per cent of its waste paper. Though a
bulk of the 80 per cent of waste paper goes into dumping. Demand
of 10 million tonnes annually is projected to more than double by
2025.
COMPANY PROFILE:
PROMOTORS, VISION, and MISSION
• COMPANY PROMOTERS:
• Hemanth Kumar Founder (CMO)
• Prabhu Kumar Founder (COO)
• Dhananjaya & Dharshan Co-Founders
• Deepak President
• Adarsh CSO
•
• VISION: Making the Impossible Possible. That’s What We
Do.
•
• MISSION: Innovation and unique solutions to problems.
COMPANY POLICY
Olopie was established on the principle of helping
people through a platform to rid them off from
waste and enjoy various facilities like selling scrap
online, collection of electronic waste and e-waste.
Privacy Policy of Olopie treats personal information
that we gather with great care when you use our
services.
AREA OF OPERATION
• Start-up in B2B, B2C scrap, trash, junk & e-waste
collection, processing business based in Bengaluru.
• The Olopie is doorstep, free facility waste
management company and services.
• Olopie is an organization that provides its services 24
x 7 & 365 days a year in Bengaluru collecting scraps.
Scrap dealers in Bengaluru are now available with
Olopie.
PRODUCTS/SERVICES OFFERED
• Recycle
• Refurbished Goods
• Revaluation
• Relocation
• Battery Relifer (Battery Life Enhancer)
• Aircon X (Reduces the power usage of an Air
conditioner to about 40-60%
COMPETITORS
COMPETITIVE ANALYSIS
SWOT ANALYSIS
Strengths:
• Company created goodwill in the city.
• Dedicated and passionate team.
• Packaging and moving services.
• Refurbished electronic items.
• Innovative products.
Weaknesses:
• Less awareness about online scrap dealers.
• Lack of SEOs, keywords, tagging and content wise.
• Cost of operations is very high
SWOT ANALYSIS
Opportunities:
• Funding from investors.
• Scope in expansion.
• Unexplored and unexploited online market.
• Scope for franchising.
Threats:
• Largely unorganized sector, leading to competition from local
vendors.
• Mistrust amongst general public about online services.
• Competitors.
• Change in policies
THEORETICAL BACKGROUND
• Brand equity or brand value is defined as a set of assets and
liabilities which are linked to a brand, its name and logo
adding to or subtracting from the value provided by a product
or service to a firm and to that firm’s customers.
• For an entrepreneurial venture starting out with an unique
business offering looking to have an impact on regional,
markets it is important to know the need for building a strong
brand but there are also a number of important things to
think about and allocation of resources properly and
efficiently knowing that every penny spent on brand building
eventually means opportunity cost for the business.
SURVEY QUESTIONNAIRE
• Data was collected through face-to-face
interview method for interpretation.
• Sample size for survey was 60 respondents.
• Age ranging from 18-60 years.
• Based on user experience, level of awareness
and knowledge about online services and use
of internet through various devices.
Interpretation: Respondents ranging from teenagers upto 18 years of age and
18-34 age category are highest when it comes to use of mobile phone, 35-54
multi-platform users, and 55+ age category use desktops or laptops to access
internet.
Upto 18
40%
18-34
37%
35-54
18%
55+
5%
Age of Respondents
Interpretation: Maximum of users of similar sites and accessing or using sites for
purpose of either getting information or transaction on such sites is male population.
Male
80%
Female
20%
Gender of Respondents Using Similar Sites
Interpretation: Respondents ranging from teenagers upto 18 years of age and 18-34
age category are highest when it comes to use of mobile phone, 35-54 multi-platform
users, and 55+ age category use desktops or laptops to access internet.
Mobile
42%
PC/Desktop
17%
Multi-Platform
34%
Others
7%
Platforms and Access Frequency
Interpretation: Not many of the respondents use Apps for specific purposes and that
too of various companies, as they prefer only branded and downloading Apps of well
established companies which are for utilities or entertainment purposes.
Yes
13%
No
87%
Smartphone App Users
Interpretation: Main things people using online services look for a combination of
primarily convenience and prompt service along with pricing as deciding factor for
going online. It gives them ease of accessing similar sites and doing comparisons and
then getting the advantage of door-to-door service.
Communication
14%
Prompt Service
29%
Price
26%
Convenience
31%
Onlines Service Expectations
Interpretation: From the responses taken from the general public in the city it was
found that most of them do not have any idea or do not have full information about
such type of services being made available online and what or how exactly it works or
have not used such services.
Have Used
14%
Have Knowledge
24%
Just Heard
36%
No Idea
26%
Online Services Awareness
Interpretation: The company’s logo is recognized by few of the respondents who had
used it. It seems people associate Olopie.com as a name and company which is
mainly involved in recycling, whereas the company is also into online scrap dealing,
selling refurbished electronic products, selling innovative technological products and
also into packing and moving business.
Company Logo
14%
Recycling
45%
Online Scrap Dealer
14%
Refurbished Goods
6%
Others
21%
Company Brand Recognition
Interpretation: From the survey conducted it was found that the company’s offline
presence is more as compared to online. This is largely due to focus on offline
marketing strategies and communication channels. On the internet and social media
the presence is less when compared with other competitors and there are few likes,
posts and shares on social media and networking sites of the company.
Experienced Users
22%
Friends
24%
Internet
8%
Social Media
5% Company Salesperson
22%
Events/Programs
19%
Company Brand Awareness
Interpretation: There is little usage on website by most users as they seem to be using
it just for information and spending less time on the page after the initial periods of
accessing it. Most of the respondents’ first impression was of confusion or un-clarity
regarding the core and augmented services offered by the company.
Informative
17%
Ease of Use
11%
Unclarity
27%
Helpful
12%
Never Used
33%
Website Response
Interpretation: The data reveals that the usage and popularity of company’s
application is very low and majority of the users have not heard or used the
application platform for any services.
Yes
7%
No
93%
App Usage
Interpretation: In this specific question the responses were taken of users who have
experienced the service of the company in any which way. This reveals that the users
were highly satisfied with the service and showed a strong opinion of suggesting the
company to others for similar service requirements.
Most Likely
28%
Likely
23%
Maybe/Unsure
34%
Unlikely
13%
Will Not
2%
User Recommendation
ANALYSIS AND INTERPRETATION OF DATA
• Data available by analyzing user activity on websites and how
the use of right keywords and SEOs along with SEM helps
business draw more traffic and the UI(user interface) along
with use of tags and images helps the business convert the
number of visits in conversions and possible retained loyal
customers through better CRM. Publishing affiliations,
credentials and outreach programs that are strategically
placed on pages engage and attract customers.
• Online business promotion and brand identity creation
depend largely on creative and attractive content and use of
data analysis to plan and execute marketing activities at right
time and place using right platforms.
FINDINGS
• Identification and innovation as the key to solving
problems by connecting the dots and coming up with
creative solutions.
• Online start-up environment.
• Company’s website, it reveals that the images on the
website have no descriptions. The headings and tags
are also not optimum.
• Lack of SEO and under utilization of digital platforms
currently.
• Application platforms give more accurate and
personal data, but is not very popular amongst users.
SUGGESTIONS
• Use SEOs and SEM to optimum and post rich content
on the website with images having descriptions and
alt tags. Search engines cannot read images, need to
have extensions and descriptions for identification.
• Use of social influencers to like, share and post about
website on social networks. Co-marketing and
intermediaries.
• Review digital marketing capabilities. Use Google
Analytics and Facebook Insights for targeting.
• Expansion into other cities and exploring franchising
as an option.
CONCLUSION
• India produces 62 million tonnes of solid waste a
year, and is potentially $13 billion worth waste
management industry by 2025.
• The founders who started the business have shown
their resourcefulness and awareness and worked
meticulously towards creating a digital platform to
address a very crucial problem faced in every city in
the country.
• Importance of digital tools to create a successful
brand. Data analysis and the role it plays in
customizing online content to satisfy users and
attract potential consumers.
BIBLIOGRAPHY
• Olopie.com
• Startupindia.gov.in
• Hindustantimes.com
• Slideshare.net
• Google.com
• Facebook.com

More Related Content

What's hot

Consumer buying behaviour towards Online Retail: Flipkart v Amazon
Consumer buying behaviour towards Online Retail: Flipkart v AmazonConsumer buying behaviour towards Online Retail: Flipkart v Amazon
Consumer buying behaviour towards Online Retail: Flipkart v Amazon
Jubin James
 
Success in E-commerce for India Retail Sector
Success in E-commerce for India Retail SectorSuccess in E-commerce for India Retail Sector
Success in E-commerce for India Retail Sector
edynamic
 
E commerce market in india 2014 - Sample
E commerce market in india 2014 - SampleE commerce market in india 2014 - Sample
E commerce market in india 2014 - Sample
Netscribes, Inc.
 
DATA ANALYSIS AND INTERPRETATION
DATA ANALYSIS AND INTERPRETATIONDATA ANALYSIS AND INTERPRETATION
DATA ANALYSIS AND INTERPRETATIONManju Saini
 
E-commerce - customer experience and relationship
E-commerce - customer experience and relationshipE-commerce - customer experience and relationship
E-commerce - customer experience and relationship
INFOGAIN PUBLICATION
 
Complete idp report on 'Consumer Behavior towards online shopping in Jamnagar...
Complete idp report on 'Consumer Behavior towards online shopping in Jamnagar...Complete idp report on 'Consumer Behavior towards online shopping in Jamnagar...
Complete idp report on 'Consumer Behavior towards online shopping in Jamnagar...
Darshana Chauhan
 
Flipkart
FlipkartFlipkart
Flipkart
arjun singh
 
A comparative study on online and offline shopping
A comparative  study on online and offline shoppingA comparative  study on online and offline shopping
A comparative study on online and offline shopping
SumitKumar801561
 
Social Commerce: The new way of acquiring and engaging customers
Social Commerce: The new way of acquiring and engaging customersSocial Commerce: The new way of acquiring and engaging customers
Social Commerce: The new way of acquiring and engaging customers
Aurum Equity Partners LLP
 
Online commercialized business and Sastodeal
Online commercialized business and SastodealOnline commercialized business and Sastodeal
Online commercialized business and Sastodeal
prabodh tuladhar
 
New E-commerce Business Project in Bangladesh
New E-commerce Business Project in Bangladesh New E-commerce Business Project in Bangladesh
New E-commerce Business Project in Bangladesh
Emran Hosain
 
Top 10 E-Commerce Websites in India
Top 10 E-Commerce Websites in IndiaTop 10 E-Commerce Websites in India
Top 10 E-Commerce Websites in India
Brihan Maharashtra College of Commerce,Pune
 
Ecommerce Industry Analysis
Ecommerce Industry AnalysisEcommerce Industry Analysis
Ecommerce Industry Analysis
Jayesh Gawde
 
E-Marketing in Bangladesh - Status, Potential & Constraints [Elegant (VI)]
E-Marketing in Bangladesh - Status, Potential & Constraints [Elegant (VI)]E-Marketing in Bangladesh - Status, Potential & Constraints [Elegant (VI)]
E-Marketing in Bangladesh - Status, Potential & Constraints [Elegant (VI)]
Md. Abdur Rakib
 
Value chain analysis & Organizational Appraisal
Value chain analysis & Organizational AppraisalValue chain analysis & Organizational Appraisal
Value chain analysis & Organizational Appraisal
Arhaam Ansari
 
Srp
SrpSrp
Capstone presentation
Capstone presentationCapstone presentation
Capstone presentation
G.R.Manohar Krishna
 
Webinar E-commerce Logistics-oct 17th 2014
Webinar   E-commerce Logistics-oct 17th 2014Webinar   E-commerce Logistics-oct 17th 2014
Webinar E-commerce Logistics-oct 17th 2014
Aurum Equity Partners LLP
 
The Impacts of eBusiness
The Impacts of eBusinessThe Impacts of eBusiness
The Impacts of eBusiness
1and1 Internet Ltd.
 

What's hot (20)

Consumer buying behaviour towards Online Retail: Flipkart v Amazon
Consumer buying behaviour towards Online Retail: Flipkart v AmazonConsumer buying behaviour towards Online Retail: Flipkart v Amazon
Consumer buying behaviour towards Online Retail: Flipkart v Amazon
 
Success in E-commerce for India Retail Sector
Success in E-commerce for India Retail SectorSuccess in E-commerce for India Retail Sector
Success in E-commerce for India Retail Sector
 
E commerce market in india 2014 - Sample
E commerce market in india 2014 - SampleE commerce market in india 2014 - Sample
E commerce market in india 2014 - Sample
 
DATA ANALYSIS AND INTERPRETATION
DATA ANALYSIS AND INTERPRETATIONDATA ANALYSIS AND INTERPRETATION
DATA ANALYSIS AND INTERPRETATION
 
E-commerce - customer experience and relationship
E-commerce - customer experience and relationshipE-commerce - customer experience and relationship
E-commerce - customer experience and relationship
 
Complete idp report on 'Consumer Behavior towards online shopping in Jamnagar...
Complete idp report on 'Consumer Behavior towards online shopping in Jamnagar...Complete idp report on 'Consumer Behavior towards online shopping in Jamnagar...
Complete idp report on 'Consumer Behavior towards online shopping in Jamnagar...
 
Flipkart
FlipkartFlipkart
Flipkart
 
A comparative study on online and offline shopping
A comparative  study on online and offline shoppingA comparative  study on online and offline shopping
A comparative study on online and offline shopping
 
Rai octane report2014
Rai octane report2014Rai octane report2014
Rai octane report2014
 
Social Commerce: The new way of acquiring and engaging customers
Social Commerce: The new way of acquiring and engaging customersSocial Commerce: The new way of acquiring and engaging customers
Social Commerce: The new way of acquiring and engaging customers
 
Online commercialized business and Sastodeal
Online commercialized business and SastodealOnline commercialized business and Sastodeal
Online commercialized business and Sastodeal
 
New E-commerce Business Project in Bangladesh
New E-commerce Business Project in Bangladesh New E-commerce Business Project in Bangladesh
New E-commerce Business Project in Bangladesh
 
Top 10 E-Commerce Websites in India
Top 10 E-Commerce Websites in IndiaTop 10 E-Commerce Websites in India
Top 10 E-Commerce Websites in India
 
Ecommerce Industry Analysis
Ecommerce Industry AnalysisEcommerce Industry Analysis
Ecommerce Industry Analysis
 
E-Marketing in Bangladesh - Status, Potential & Constraints [Elegant (VI)]
E-Marketing in Bangladesh - Status, Potential & Constraints [Elegant (VI)]E-Marketing in Bangladesh - Status, Potential & Constraints [Elegant (VI)]
E-Marketing in Bangladesh - Status, Potential & Constraints [Elegant (VI)]
 
Value chain analysis & Organizational Appraisal
Value chain analysis & Organizational AppraisalValue chain analysis & Organizational Appraisal
Value chain analysis & Organizational Appraisal
 
Srp
SrpSrp
Srp
 
Capstone presentation
Capstone presentationCapstone presentation
Capstone presentation
 
Webinar E-commerce Logistics-oct 17th 2014
Webinar   E-commerce Logistics-oct 17th 2014Webinar   E-commerce Logistics-oct 17th 2014
Webinar E-commerce Logistics-oct 17th 2014
 
The Impacts of eBusiness
The Impacts of eBusinessThe Impacts of eBusiness
The Impacts of eBusiness
 

Similar to Summer Project at Olopie.com - Bengaluru by Anup Gavali

Digital Marketing Project at Zapzhoop
Digital Marketing Project at ZapzhoopDigital Marketing Project at Zapzhoop
Digital Marketing Project at ZapzhoopPadma Ch
 
Digital marketing project at zapzhoop
Digital marketing project at zapzhoopDigital marketing project at zapzhoop
Digital marketing project at zapzhoop
Padma Ch
 
YourBestPrice
YourBestPriceYourBestPrice
YourBestPrice
Rishabh Agarwal
 
YourBestPrice
YourBestPriceYourBestPrice
YourBestPrice
Rishabh Agarwal
 
WashLady
WashLadyWashLady
WashLady
Yash B.
 
pdfcoffee.com_a-study-on-impact-of-advertising-in-b2b-pdf-free.pdf
pdfcoffee.com_a-study-on-impact-of-advertising-in-b2b-pdf-free.pdfpdfcoffee.com_a-study-on-impact-of-advertising-in-b2b-pdf-free.pdf
pdfcoffee.com_a-study-on-impact-of-advertising-in-b2b-pdf-free.pdf
KunalBehere
 
Flipkart group 18 oc
Flipkart group 18 ocFlipkart group 18 oc
Flipkart group 18 oc
Sumit Kumar
 
eshopping & consumer trends_Snapdeal
eshopping & consumer trends_Snapdealeshopping & consumer trends_Snapdeal
eshopping & consumer trends_Snapdeal
Neha Nagulkar Ghorad
 
Customer awareness & perception towards enterprise mobility solution
Customer awareness & perception towards enterprise mobility solutionCustomer awareness & perception towards enterprise mobility solution
Customer awareness & perception towards enterprise mobility solution
Chaitanya Gaikwad
 
Planning and Driving a Digital Strategy
Planning and Driving a Digital StrategyPlanning and Driving a Digital Strategy
Planning and Driving a Digital Strategy
Olivier Serrat
 
Workshop on create slides 17.07.14.pptx (2)
Workshop on create slides 17.07.14.pptx (2)Workshop on create slides 17.07.14.pptx (2)
Workshop on create slides 17.07.14.pptx (2)
Ernact Create
 
Trends in retail and e commerce analytics by Sheji Ho, aCommerce Group CMO
Trends in retail and e commerce analytics by Sheji Ho, aCommerce Group CMOTrends in retail and e commerce analytics by Sheji Ho, aCommerce Group CMO
Trends in retail and e commerce analytics by Sheji Ho, aCommerce Group CMO
Ruchipha
 
Summer internship project
Summer internship projectSummer internship project
Summer internship project
manisha khiwal
 
Internship - Digital Marketing
Internship - Digital MarketingInternship - Digital Marketing
Internship - Digital Marketing
Geeta Hansdah
 
Pockets of Potential – Building online presence for MSME
Pockets of Potential – Building online presence for MSMEPockets of Potential – Building online presence for MSME
Pockets of Potential – Building online presence for MSME
ResellerClub
 
DIGITAL TRANSFORMATION - VER1.pptx
DIGITAL TRANSFORMATION - VER1.pptxDIGITAL TRANSFORMATION - VER1.pptx
DIGITAL TRANSFORMATION - VER1.pptx
SatishJawale1
 
e-Book: 13 Market Trends in Online Communities 2014
e-Book: 13 Market Trends in Online Communities 2014e-Book: 13 Market Trends in Online Communities 2014
e-Book: 13 Market Trends in Online Communities 2014
Get Satisfaction
 
Nominet
NominetNominet
Firstcry
FirstcryFirstcry
Firstcry
Divyani Gupta
 
Simran tapia your house keeper
Simran tapia  your house keeperSimran tapia  your house keeper
Simran tapia your house keeper
Simran Tapia
 

Similar to Summer Project at Olopie.com - Bengaluru by Anup Gavali (20)

Digital Marketing Project at Zapzhoop
Digital Marketing Project at ZapzhoopDigital Marketing Project at Zapzhoop
Digital Marketing Project at Zapzhoop
 
Digital marketing project at zapzhoop
Digital marketing project at zapzhoopDigital marketing project at zapzhoop
Digital marketing project at zapzhoop
 
YourBestPrice
YourBestPriceYourBestPrice
YourBestPrice
 
YourBestPrice
YourBestPriceYourBestPrice
YourBestPrice
 
WashLady
WashLadyWashLady
WashLady
 
pdfcoffee.com_a-study-on-impact-of-advertising-in-b2b-pdf-free.pdf
pdfcoffee.com_a-study-on-impact-of-advertising-in-b2b-pdf-free.pdfpdfcoffee.com_a-study-on-impact-of-advertising-in-b2b-pdf-free.pdf
pdfcoffee.com_a-study-on-impact-of-advertising-in-b2b-pdf-free.pdf
 
Flipkart group 18 oc
Flipkart group 18 ocFlipkart group 18 oc
Flipkart group 18 oc
 
eshopping & consumer trends_Snapdeal
eshopping & consumer trends_Snapdealeshopping & consumer trends_Snapdeal
eshopping & consumer trends_Snapdeal
 
Customer awareness & perception towards enterprise mobility solution
Customer awareness & perception towards enterprise mobility solutionCustomer awareness & perception towards enterprise mobility solution
Customer awareness & perception towards enterprise mobility solution
 
Planning and Driving a Digital Strategy
Planning and Driving a Digital StrategyPlanning and Driving a Digital Strategy
Planning and Driving a Digital Strategy
 
Workshop on create slides 17.07.14.pptx (2)
Workshop on create slides 17.07.14.pptx (2)Workshop on create slides 17.07.14.pptx (2)
Workshop on create slides 17.07.14.pptx (2)
 
Trends in retail and e commerce analytics by Sheji Ho, aCommerce Group CMO
Trends in retail and e commerce analytics by Sheji Ho, aCommerce Group CMOTrends in retail and e commerce analytics by Sheji Ho, aCommerce Group CMO
Trends in retail and e commerce analytics by Sheji Ho, aCommerce Group CMO
 
Summer internship project
Summer internship projectSummer internship project
Summer internship project
 
Internship - Digital Marketing
Internship - Digital MarketingInternship - Digital Marketing
Internship - Digital Marketing
 
Pockets of Potential – Building online presence for MSME
Pockets of Potential – Building online presence for MSMEPockets of Potential – Building online presence for MSME
Pockets of Potential – Building online presence for MSME
 
DIGITAL TRANSFORMATION - VER1.pptx
DIGITAL TRANSFORMATION - VER1.pptxDIGITAL TRANSFORMATION - VER1.pptx
DIGITAL TRANSFORMATION - VER1.pptx
 
e-Book: 13 Market Trends in Online Communities 2014
e-Book: 13 Market Trends in Online Communities 2014e-Book: 13 Market Trends in Online Communities 2014
e-Book: 13 Market Trends in Online Communities 2014
 
Nominet
NominetNominet
Nominet
 
Firstcry
FirstcryFirstcry
Firstcry
 
Simran tapia your house keeper
Simran tapia  your house keeperSimran tapia  your house keeper
Simran tapia your house keeper
 

Recently uploaded

The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
Jisc
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
Thiyagu K
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdfAdversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Po-Chuan Chen
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
Nguyen Thanh Tu Collection
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
camakaiclarkmusic
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
DeeptiGupta154
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
Tamralipta Mahavidyalaya
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
beazzy04
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
joachimlavalley1
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
Jean Carlos Nunes Paixão
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
Celine George
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
TechSoup
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
Celine George
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
SACHIN R KONDAGURI
 

Recently uploaded (20)

The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdfAdversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
 

Summer Project at Olopie.com - Bengaluru by Anup Gavali

  • 1. A PRESENTATION ON SUMMER PROJECT 15MBA43 BY Name: Anup Gavali USN: 2GI15MBA07 KLS, Gogte Institute of Technology Department of MBA
  • 2. GENERAL INTRODUCTION ABOUT THE SUMMER PROJECT • The start-up model of doing business in India is on the rise and there are a lot of success stories as well. The industry is a combination of services provided over the internet. The recycling and e-waste management industry in India being largely un- organized and having a revenue which is very huge. Government of India’s initiative and push towards the start-up drive and incentivizing the whole sector so as to generate employment opportunities and boost the economy. • Internet and various digital platforms make it easier to target, segment and position a company’s brand image, products and services and customize the products and services addressing gaps in service delivery. The real time data and accuracy of data collected gives better understanding of consumer behavior and helps in taking strategic decisions.
  • 3. TITLE OF THE SUMMER PROJECT • “THE STUDY ON IMPORTANCE OF BRANDING, BRAND EQUITY & BRAND BUILDING FOR ONLINE START-UPS THROUGH EFFECTIVE USE OF INTERNET AND DIGITAL MARKETING PLATFORMS”
  • 4. NEED FOR THE STUDY • The ease and reach of the internet which has given rise to many start-ups which are changing the service sector. • Online data collection and customization of services leads to better resources management and effective marketing communication strategies. • The start-up environment providing many employment opportunities for people with many different skills which was not the case before.
  • 5. OBJECTIVES OF THE STUDY • To understand startup environment. • To understand brand equity and brand awareness of startup companies. • Importance of digital marketing and internet for effective communication and brand building.
  • 6. SCOPE OF THE STUDY The business itself being in its nascent stages allows to study from a very close angle the functioning of a start-up and also understand the industry into which the company is operating. The importance of waste management and recycling. How to use online media, being creative and resourceful with what is available to the best advantage to gain maximum benefit. Digital marketing tools and techniques which could save lots of valuable resources if utilized properly.
  • 8. LITERATURE REVIEW Articles based on online environment stating how E- business enables an organization to spread its reach to a wide range of public and gives it better chance at survival at a very low cost compared to traditional format of business set-up. E-business as it has many advantages so does it come with its own sets of complications and short-comings which need to be addressed and if done properly the opportunity and untapped market potential realization can easily lead to huge revenue generation for a given business house. Start-up India initiative.
  • 9. LIMITATIONS OF THE STUDY Technical limitations; • 1. Lack of standardization. • 2. Software tools changing at a very fast rate. • 3. Not enough telecommunication bandwidth and connectivity. • 4. Hardware incompatibility of software and technical glitches. Non-Technical limitations; • 1. Lack of human touch and feel. • 2. Legal issues and lack of awareness. • 3. Rapidly changing and evolving e-business. • 4. Inconvenient and expensive access to internet.
  • 10. INDUSTRY PROFILE Startups sprouting in the waste management and recycling category. Chennai-based Paperman was one of early social enterprises dedicated to creating awareness around recycling right from 2010. Noida-based Attero Recycling raised Rs 100 crore in 2014 and is a success story in this space. Chennai-based Kabadiwalla Connect garnered attention and a sizeable grant from the World Economic Forum. E-waste recyclers, Karma Recycling also raised an undisclosed amount in July 2015. India recycles only about 20 per cent of its waste paper. Though a bulk of the 80 per cent of waste paper goes into dumping. Demand of 10 million tonnes annually is projected to more than double by 2025.
  • 12. PROMOTORS, VISION, and MISSION • COMPANY PROMOTERS: • Hemanth Kumar Founder (CMO) • Prabhu Kumar Founder (COO) • Dhananjaya & Dharshan Co-Founders • Deepak President • Adarsh CSO • • VISION: Making the Impossible Possible. That’s What We Do. • • MISSION: Innovation and unique solutions to problems.
  • 13. COMPANY POLICY Olopie was established on the principle of helping people through a platform to rid them off from waste and enjoy various facilities like selling scrap online, collection of electronic waste and e-waste. Privacy Policy of Olopie treats personal information that we gather with great care when you use our services.
  • 14. AREA OF OPERATION • Start-up in B2B, B2C scrap, trash, junk & e-waste collection, processing business based in Bengaluru. • The Olopie is doorstep, free facility waste management company and services. • Olopie is an organization that provides its services 24 x 7 & 365 days a year in Bengaluru collecting scraps. Scrap dealers in Bengaluru are now available with Olopie.
  • 15. PRODUCTS/SERVICES OFFERED • Recycle • Refurbished Goods • Revaluation • Relocation • Battery Relifer (Battery Life Enhancer) • Aircon X (Reduces the power usage of an Air conditioner to about 40-60%
  • 18. SWOT ANALYSIS Strengths: • Company created goodwill in the city. • Dedicated and passionate team. • Packaging and moving services. • Refurbished electronic items. • Innovative products. Weaknesses: • Less awareness about online scrap dealers. • Lack of SEOs, keywords, tagging and content wise. • Cost of operations is very high
  • 19. SWOT ANALYSIS Opportunities: • Funding from investors. • Scope in expansion. • Unexplored and unexploited online market. • Scope for franchising. Threats: • Largely unorganized sector, leading to competition from local vendors. • Mistrust amongst general public about online services. • Competitors. • Change in policies
  • 20. THEORETICAL BACKGROUND • Brand equity or brand value is defined as a set of assets and liabilities which are linked to a brand, its name and logo adding to or subtracting from the value provided by a product or service to a firm and to that firm’s customers. • For an entrepreneurial venture starting out with an unique business offering looking to have an impact on regional, markets it is important to know the need for building a strong brand but there are also a number of important things to think about and allocation of resources properly and efficiently knowing that every penny spent on brand building eventually means opportunity cost for the business.
  • 21. SURVEY QUESTIONNAIRE • Data was collected through face-to-face interview method for interpretation. • Sample size for survey was 60 respondents. • Age ranging from 18-60 years. • Based on user experience, level of awareness and knowledge about online services and use of internet through various devices.
  • 22. Interpretation: Respondents ranging from teenagers upto 18 years of age and 18-34 age category are highest when it comes to use of mobile phone, 35-54 multi-platform users, and 55+ age category use desktops or laptops to access internet. Upto 18 40% 18-34 37% 35-54 18% 55+ 5% Age of Respondents
  • 23. Interpretation: Maximum of users of similar sites and accessing or using sites for purpose of either getting information or transaction on such sites is male population. Male 80% Female 20% Gender of Respondents Using Similar Sites
  • 24. Interpretation: Respondents ranging from teenagers upto 18 years of age and 18-34 age category are highest when it comes to use of mobile phone, 35-54 multi-platform users, and 55+ age category use desktops or laptops to access internet. Mobile 42% PC/Desktop 17% Multi-Platform 34% Others 7% Platforms and Access Frequency
  • 25. Interpretation: Not many of the respondents use Apps for specific purposes and that too of various companies, as they prefer only branded and downloading Apps of well established companies which are for utilities or entertainment purposes. Yes 13% No 87% Smartphone App Users
  • 26. Interpretation: Main things people using online services look for a combination of primarily convenience and prompt service along with pricing as deciding factor for going online. It gives them ease of accessing similar sites and doing comparisons and then getting the advantage of door-to-door service. Communication 14% Prompt Service 29% Price 26% Convenience 31% Onlines Service Expectations
  • 27. Interpretation: From the responses taken from the general public in the city it was found that most of them do not have any idea or do not have full information about such type of services being made available online and what or how exactly it works or have not used such services. Have Used 14% Have Knowledge 24% Just Heard 36% No Idea 26% Online Services Awareness
  • 28. Interpretation: The company’s logo is recognized by few of the respondents who had used it. It seems people associate Olopie.com as a name and company which is mainly involved in recycling, whereas the company is also into online scrap dealing, selling refurbished electronic products, selling innovative technological products and also into packing and moving business. Company Logo 14% Recycling 45% Online Scrap Dealer 14% Refurbished Goods 6% Others 21% Company Brand Recognition
  • 29. Interpretation: From the survey conducted it was found that the company’s offline presence is more as compared to online. This is largely due to focus on offline marketing strategies and communication channels. On the internet and social media the presence is less when compared with other competitors and there are few likes, posts and shares on social media and networking sites of the company. Experienced Users 22% Friends 24% Internet 8% Social Media 5% Company Salesperson 22% Events/Programs 19% Company Brand Awareness
  • 30. Interpretation: There is little usage on website by most users as they seem to be using it just for information and spending less time on the page after the initial periods of accessing it. Most of the respondents’ first impression was of confusion or un-clarity regarding the core and augmented services offered by the company. Informative 17% Ease of Use 11% Unclarity 27% Helpful 12% Never Used 33% Website Response
  • 31. Interpretation: The data reveals that the usage and popularity of company’s application is very low and majority of the users have not heard or used the application platform for any services. Yes 7% No 93% App Usage
  • 32. Interpretation: In this specific question the responses were taken of users who have experienced the service of the company in any which way. This reveals that the users were highly satisfied with the service and showed a strong opinion of suggesting the company to others for similar service requirements. Most Likely 28% Likely 23% Maybe/Unsure 34% Unlikely 13% Will Not 2% User Recommendation
  • 33. ANALYSIS AND INTERPRETATION OF DATA • Data available by analyzing user activity on websites and how the use of right keywords and SEOs along with SEM helps business draw more traffic and the UI(user interface) along with use of tags and images helps the business convert the number of visits in conversions and possible retained loyal customers through better CRM. Publishing affiliations, credentials and outreach programs that are strategically placed on pages engage and attract customers. • Online business promotion and brand identity creation depend largely on creative and attractive content and use of data analysis to plan and execute marketing activities at right time and place using right platforms.
  • 34. FINDINGS • Identification and innovation as the key to solving problems by connecting the dots and coming up with creative solutions. • Online start-up environment. • Company’s website, it reveals that the images on the website have no descriptions. The headings and tags are also not optimum. • Lack of SEO and under utilization of digital platforms currently. • Application platforms give more accurate and personal data, but is not very popular amongst users.
  • 35. SUGGESTIONS • Use SEOs and SEM to optimum and post rich content on the website with images having descriptions and alt tags. Search engines cannot read images, need to have extensions and descriptions for identification. • Use of social influencers to like, share and post about website on social networks. Co-marketing and intermediaries. • Review digital marketing capabilities. Use Google Analytics and Facebook Insights for targeting. • Expansion into other cities and exploring franchising as an option.
  • 36. CONCLUSION • India produces 62 million tonnes of solid waste a year, and is potentially $13 billion worth waste management industry by 2025. • The founders who started the business have shown their resourcefulness and awareness and worked meticulously towards creating a digital platform to address a very crucial problem faced in every city in the country. • Importance of digital tools to create a successful brand. Data analysis and the role it plays in customizing online content to satisfy users and attract potential consumers.
  • 37. BIBLIOGRAPHY • Olopie.com • Startupindia.gov.in • Hindustantimes.com • Slideshare.net • Google.com • Facebook.com