DM Assignment
DM Assignment
DM Assignment
Tracking competition
Now that the digital era has begun, it has brought radical changes in the traditional
way of marketing and managing customer relationship. The multichannel marketing
campaign is in vogue, which is personalized in real-time in order to gain greater
conversions and, ultimately, a drastically enhanced customer experience.
Presentation and experience are critical factors in shaping perception and seamless
user-friendly experiences across all touch points have become essential to attract
and retain customers in a challenging marketplace. Today enterprises look forward
to extend their integrated marketing messages to emails, websites, e-shopping,
mobile and the like. With more and more organizations turning to digital channels to
improve engagement and customer service, we cannot overlook the role that digital
plays in a challenging and competitive marketplace.
Since all the website visitors are different, they should be scored differently in
order to assess visitor engagement
A visitor profile is to be created based on their scores and then categorized
accordingly
For implicit personalization, target content can be either based on the
geography, organization, etc. or on the customer persona
For explicit personalization, target content should be based on the data
stored in the companys CRM
Marketing should be automated post the initial contact as part of Customer
Engagement Plan
Lead scoring to be done based on the behavior of the lead
Enable sales as well as after sales service through digital integration
We suggest SOSTAC Planning approach to create a Digital Marketing plan that could
help the company to enhance its customer experience. It is an acronym for
Situation Analysis - Where are we now?
Objectives - Where do we want to go?
Strategy - How we are going to get there?
SOSTAC Plan
1. Situational Analysis It s looks at the company from an internal (SWOT) and
external (PEST) point of view to give an overall picture of the companys
strengths, weaknesses, opportunities and threats, and from this enables to write
a successful marketing plan. There are several factors that need to be analyzed
in this stage. With reference to the company chosen, these various factors are
analyzed below.
Marketing Mix
Product
Strength
Low Cost
Wide portfolio
Good quality
Highly
differentiated
Price
Less Expensive
Mix of Skimming
& Penetration
Strategy
Place
Availability in
almost all
districts or cities
in India
Exported
abroad as well
Products sold
through
company owned
outlets, online
Weakness
Unattractive
packaging
FDA restriction
for some
products
Patent Claims
Some products
more expensive
than
competitors
Limited size
variations
available
Limited number
of company
outlets
Sometimes
popular
products are out
of stock
High lead time
since
distribution
Action Reqd?
- Needs better and
stronger packaging
-Also convenient
packaging for
travelling
-Travel sixe and
smaller packages
should be
introduced
-Reduction in lead
time through local
warehouses or
regional
distribution centers
-franchisee model
or partnerships
with local retailers
Promotion
and through
post also
Also sold
through select
yoga camps and
post offices
Strong brand
presence and
awareness in
India
Popular brand
ambassador
Baba Ramdev
Popularized
through TVs and
Yoga camps
Appeal through
spirituality
center is
Haridwar
Low exports
-Better PR
Negatively
-Stronger online
affected by non
presence for better
supporters of
audience connect
Baba Ramdev
-More promotional
Negative
activities through
publicity due to
television channels
FDA bans and
and Yoga Camps
patent claims
Very low
promotional
activities
Low
international
visibility
Hence we can infer that the market potential is high but the company needs to
work on some aspects in order to utilize it to the full extent.
2. Objectives The objectives of the organization and its goals are the second
most important element for the marketing communication plan. This is not only
because of the fact that the marketing communication can be focused in a
proper channel but also that the company can achieve tangible results through
the effective plan. As analyzed from the situation analysis, despite having high
market potential, Patanjali products are unable to garner the required level of
popularity among the Indian population.
All the objectives and activities of Patanjali revolve around the core value of
humanity. It draws its inspiration from Swami Ramdev. The short term objectives
are
Creating a healthy nation with emphasis on the character building and
leadership quality
Providing cost effective natural solutions
Collection and preservation of ancient heritage and Indian Ayurveda which
is necessary for the security of culture
To develop technology for preparing pesticides from cow urine, leaves of
Neem Tulsi and herbs so that to protect environmental from pollution and
land infertility which is occurring due to chemical fertilizers and pesticides
To research on such methods of bio farming, agriculture, vermicompost so
that bio fertilizers can be used extensively
The long term objectives include the Vision and Mission of the company.
Vision To make a disease free world through a scientific approach to Yoga and
Ayurveda.
Mission: