Project Report
Project Report
Project Report
On
BATCH -2020-2022
CERTIFICATE OF TRAINING
Authorised Person
Signature:
SUPERVISOR CERTIFICATE – Faculty Mentor
(Signature)
Anjali Sharma
MBA – 2020-2022
EXECUTIVE SUMMARY
I Got internship in IFORTIS WORLDWIDE. I worked as sales and marketing
intern and my first role was to get participants for contest #AARAMBH 3.0. I
was connecting to students and my close friends and explaining about this
contest. I received good responses from there and I got some participants. So, I
worked on it and completed it as my first task during the internship. By this
first task I have learned many things; I have improved my #skills. I have learnt
how to generate leads, how to #connect customers, how to #convince
customers for my products. And I know it is very beneficial for my future. My
mentor was Ms Cheshta Ahuja, as my mentor was an added advantage. From
the beginning of my interview process, to informing me about my tasks and
responsibilities, guiding me about things that are beneficial for my
future #career, she has always been a constant support. She made sure that
she was always available to interns to support and answer to all our queries.
She is a true example of a “mentor”. I believe that interning here has added
values in my career life because of all that she has provided. We had
gatherings consistently where we talked about our #advancement, examined
different #challenges and steps we have to take to overcome a task.
Collectively, we motivated one another. Additionally exercises were
conducted in the middle of gatherings to exhibit our skills, and coordinated
general and showcasing related tests in the gatherings to stay up with
the #current trends. This internship assisted me with acquiring #systems
administration and #connections which is indispensable for a good career. This
has empowered me to acquire a chance to voice out and talk unhesitatingly. I
have likewise figured out how to be disciplined by isolating my work into more
modest tasks, in this way accomplishing them successfully. I have likewise
grown good #critical thinking, #timemanagement and #problemsolving skills.
Table of Contents
CERTIFICATE OF TRAINING...................................................................... (i )
SUPERVISION OF CERTIFICATE........................................................................................... (ii)
CERTIFICATE OF ORIGINALITY ........................................................................................ (iii)
ACKNOWLEDGEMENT .................................................................................................... (iv)
EXCUTIVE SUMMARY ..................................................................................................... (v)
6 CHAPTER 1- INTRODUCTION
1.1 BUSINESS DEVELOPMENT AND ETHICS
1.2 FACILITATED DEVELOPMENT
1.3 REPUTATION BUILDING
1.4 COMPANY PROFILE
1.5 BUSINESS DEVELOPMENT SERVICES
AND INTERNET
9 CHAPTER – 4 RESEARCH
METHODOLOGY
4.1 SOURCE OF DATA
4.2 SAMPLING AREA
4.3 SAMPLE PLAN
4.4 METHODOLOGY &
PRE3SENTATION OF DATA
4.5 LIMITATION OF THE STUDY
10 CHAPTER 5- DATA ANALYSIS &
INTERPRETATION
11 CHAPTER 6- FINDINGS
FINDINGS
12 CONCLUSION
13 CHAPTER 7- BIBLOGRAPHY
7.1 WEBSITE
14 CHAPTER- 8ANNEXURE
CHAPTER 1
INTRODUCTION
Business development is creation of long term value for an
organisation from customers, markets and relationships.
Long term value does not mean cash or money like making
quick money for your company and get rich but long term
value is a different concept in business development making
money cannot make you earn long term value for your
business .But it is about creating value that is going to easy
for tomorrow as easily as it came today. It is about creating
opportunities for that value of persist over the long term to
keep the gates open and value flows infinitely. When it
comes to customers it is obvious they are the one who pay
you for the products and services offered by you without
them one is unable to develop their business but everyone is
not your natural customer. About markets , markets plays a
vital role in business development as customer or consumer
lives in specific area which we can call a market as if am
thinking about focusing in Jammu but someone lives in
Chandigarh then he or she is unavailable to me as a customer
. So, markets can be understood by demographics, lifestyle
and buying mindset of the customer. We need to enter new
market by identifying new opportunities to reach new
customers this is the important way to unseal new
customers. And then there are relationships as the
foundation of strong business development depends on
strong relationship building, managing and operating
relationships based on trust, respect and mutual appreciation
of each other’s worth is essential to enable a long – term
flow of value. Relations with partners, customers, employees
the press, etc. they are all essential to the success of any
business development effort and, as such, require a bold
place in any full definition of the term.
Business development comprises actions and processes that
are used to create and implement chances for growth within
and across firms. It is a branch of business, trade, and
organisational philosophy. The production of long-term value
for an organisation through customers, markets, and
relationships is referred to as business development.
Business development can be defined as any action carried
out by a small or large organisation, non-profit or for-profit,
with the goal of 'developing' the business in some way.
Furthermore, a business development consultant can
perform business development activities both internally and
externally. External business development can be facilitated
through planning systems established by the governments to
assist small businesses. In addition, reputation building has
also been shown to help facilitate business development.
Long term value does not mean cash or money like making
quick money for your company and get rich but long term
value is a different concept in business development making
money cannot make you earn long term value for your
business .But it is about creating value that is going to easy
for tomorrow as easily as it came today. It is about creating
opportunities for that value of persist over the long term to
keep the gates open and value flows infinitely.
1.2Facilitated development
1.3Reputation building
1.4.COMPANY PROFILE
IFORTIS WORLDWIDE is a subsidiary of American Ruler
Private Limited, it was founded in 2021 . Since its
infancy, IFORTIS WORLDWIDE has believed in a
continual evolution. It has not only expanded its horizon
from providing technical to managerial services, but also
has taken this platform worldwide in order to better
satisfy the needs of its customers with an aim to
become one of the most leading companies of the
world.
1.BUSINESS DEVELOPMENT
SERVICES AND INTERNET
The process of launching or growing a firm online is
known as online business development. If no area of
your firm is running smoothly, you may be behind.
Examples are online marketing, purchases,
consultations, etc
THE INTERNET
The Internet is a vast network of interconnected
networks that uses a standard protocol TCP/IP to allow
users on any network to communicate with users on
other Internet networks. The World Wide Web (WWW)'s
'recent' debut as one of the many services available on
the Internet has hastened the increase of Internet usage
around the world. The World Wide Web is founded on
the concept of 'hypertext,' which allows users to traverse
through a web of materials linked together by links. The
user can navigate using a browser (such as Mozilla
Firefox, Internet Explorer, Microsoft Edge, Safari, etc.)
11
INFORMATION GATHERING
12
13
Networking
The entrepreneur's network is also a good place to look for
business development services. The terms connecting and
advising and counselling are generally used interchangeably.
Networking is a low-cost marketing process for creating
opportunities and contacts for online businesses, based on
recommendations and networking opportunities - whether in
face-to-face at meetings and gatherings, or through other
contact methods such as phone, email, and more and more
social and business networking sites on the internet.
Furthermore, business networking provides the benefits of
recommendation and personal exposure, which are both
extremely beneficial in the development of company
chances. Business development networking principles and
strategies are basically plain sense. Many of the based on
behavioural characteristics apply to marketing, management,
mentoring, facilitating, and other business functions and long
term relationships. The development of business
relationships should be the primary goal of your networking.
Sales will almost always follow, but you must first lay the
foundation by developing business partnerships that allow
you to meet new people and increase your list of contacts.
The World has become a global interconnectedness of
separate networks run by a variety of organisations, including
government, industry, and private individuals. The internet
makes just about everything possible, including investigation,
purchasing, networking, and instruction.
Influencers
While YouTube, Instagram, and Facebook are all social media
platforms, this study reported that e companies frequently
use celebrities such as influencers and content creators to
market their items online. Business can raise client
knowledge and exploit the influencer's power to advertise a
brand by utilising celebrities. Bloggers as well as vloggers
assist spread the word about an internet statement of vision
and brand. Another advantage mentioned by businesses is
that bloggers and vloggers are relatively inexpensive.
Influencers with a few thousand followers usually do not
spend for writing an article or posting on social media, but
they do require a free product, which they occasionally offer
to one of its supporters. It is much more probable that a
buyer will purchase a phone if it is promoted by an influencer
who has gained trust, credibility, and speaks favourably
about it. Some supporters consider the fact that the
influencers are now using the products as proof that it is
reliable and effective.
AdWords
As there are more than one billion customers online on social
media platforms. It makes sense for a firm that produces the
portion of its revenue internet to spend the majority of its
advertising budget on online means as well. AdWords via
Google was one of the most often discussed internet
advertising tactics during the discussions. One of the
advantages of just using Advertisements over, say, a
broadcast or broadcast advertising is that the website can
start targeting clients who are seeking for specific products
using specific terms. Companies can contact clients who are
likely to be interested in their products using Google since
frequently search for them online, but a Television
commercial may reach a wider number of uninterested
viewers.
OFFLINE BUSINESS
DEVELOPMENT
Offline business development can be described as the
ideas, initiatives, and actions that assist a company
become more successful. Enhancing revenues,
expanding the firm, increasing profitability through
collaborative relationships, and making better business
decisions are all examples of this. Sales, promotion,
project planning, management consulting, and vendor
management are just a few of the departments involved
in business development. There's also a lot of
networking, negotiating, forming alliances, and trying to
save money. The business growth goals motivate and
align every one of these various departments and
operations. An offline business either sells physical
products in a store, or services that are limited to a
geographical location. An electrical contractor or a
plumber, for example, has to travel to visit their
customers’ homes in person, rather than offering online
services. One can join clubs, business groups and
associations that attract prominent business leaders.
Get to know people who may know potential customers
of your business and ask if you can use their names in
making calls and actually can help building network so
far for the organisation.
LIMITED HOURS
In almost the same way that an electrician has set
working hours, a physical business will be limited to its
opening hours and will not be able to sell its products
outside of those hours. This restricts the amount of
money you can earn in a specific period of time. Another
downside is that this procedure takes a long time. It
takes a long time to create and then print a newspaper
advertisement. Advertising on the radio or television is
also time-consuming.
Offline promotions
Become a sponsor
Sponsorship can be used in a variety of ways. Consider
sponsoring your local football club if you manage a bar in a
small community where people are passionate about their
team. This will motivate people to come to your
establishment after the huge match for a beer. My argument
is that you should seek for sponsorships that are appropriate
for your company.
BY PLACING AD IN NEWSPAPER
Although newspaper ads may appear to be antiquated, they
can nevertheless be effective. Make use of local advertising
to inform newspaper readers in your area about your
promotions. While more expensive than other physical
restaurant marketing strategies, this is a certain approach to
bring in more guests. Even if they aren't in the young adult
group, you can use social media to reach out to them.
Advertise in both old and new styles to appeal to a wide
range of demographics and age groups. You might even give
newspaper readers a unique promo code to use on their first
visit.
Limited Accessibility
Internet stores frequently include a way for visitors or
customers to reach them right away—an email address, a
phone number, or even a live chat window on the site. This is
frequently omitted in offline marketing, especially in the
most traditional approaches, which merely include the name
and address of the office tower. As a result, accessibility is
restricted. To combat this, make sure you're utilising cutting-
edge technology to provide your targeted audience with easy
accessibility to your company. In your adverts, alwaysprovide
a contact information, email address, and comprehensive
contact information.
Time Frame
One of the most typical effective advertising drawbacks
associated with accessibility is a lack of time. Internet sites
are open 24 hours a day, but traditional companies have a
set operating hours and retire at particular times.
To combat this, it's critical that you make yourself available
as often as possible, even in the dead of night. The very least
you can do is provide a phone number where clients can
leave a message if they have a question. You can contact
those that contacted now next morning, and the people will
be grateful for your flexibility.
RESEARCH METHODOLOGY
4.2.SAMPLE AREA
A sample is taken from the area of JAMMU. These includes
students, self employed people etc. are taken to be
considered .
DATA ANALYSIS
&
INTERPRETATIONS
STATES
Most of them were from Jammu &Kashmir
OCCUPATION
FINDING
7.1 WEBSITE
E6CQgAEMkDEAoQQzoKCAAQsQMQgwEQClCdKFiLTmCEVWgBcAJ4A4ABkAqI
AadFkgEPMC4yLjEuMy4yLjEuMy4zmAEAoAEBqgEHZ3dzLXdperABBsgBCMABA
Q&sclient=psy-
ab&ved=0ahUKEwjryev08KHtAhUjH7cAHeBhCN8Q4dUDCA0&uact=5
• https://www.google.com/search?rlz=1C1CHBF_enIN877IN877&ei=hoDAX6e2HuTiz7s
PuPuJGA&q=online+course&oq=online+course&gs_lcp=CgZwc3ktYWIQAzIICAAQy
QMQkQIyBAgAEEMyBAgAEEMyBAgAEEMyBAgAEEMyBAgAEEMyBAgAEEMy
BwgAELEDEEMyBAgAEEMyCAgAELEDEIMBUHlYzRxg0CJoAHABeACAAaEMi
AH3FpIBBTctMS4xmAEAoAEBqgEHZ3dzLXdpesABAQ&sclient=psy ab&ved=0ahUKEwinkZHJ8a
HtAhVk8XMBHbh9AgMQ4dUDCA0&uact=5
• https://mail.google.com/mail/u/0/#inbox/FMfcgxwKjdvNJCBJLQQzBfgnhgrPjhJM
• https://www.facebook.com/
• https://www.gsmarena.com/apple_iphone_12_pro_max -10237.php
https://en.wikipedia.org/wiki/Business_development#:~:text=Business%20development%20is%20the%20creation,the%20business%20in
%20some%20way.
• https://marketingland.com/content-marketing-done-right-8-examples-can-learn-149088
• https://akanksharedhu.com/
• https://www.youtube.com/watch?v=UUF231bR5YY
• https://www.google.com/search?rlz=1C1CHBF_enIN877IN877&ei=1X_AX6uLLKO -
3LUP4MOh-
A0&q=mobie+phone&oq=mobie+phone&gs_lcp=CgZwc3ktYWIQAzIHCAAQsQMQQ
zIHCAAQsQMQQzIECAAQCjIECAAQQzIECAAQQzIHCAAQsQMQQzIECAAQCjI ECAAQCjIECAAQ
QzIHCAAQsQMQQzoECAAQRzoFCAAQsQM6AggAOgcIABCx
AxAKOg4IABDqAhC0AhCaARDlAjoHCAAQyQMQQzoECC4QQzoICAAQsQMQgw
https://thediamondlab.org/what-is-online-business-development/
CHAPTER-8
ANNEXURE
QUESTIONNAIRE
1. NAME
2. GENDER
(a) Male
(b) Female
(c) Others
(a) 15-25
(b) 25-35
(c) 35-45
(a) Employed
(c) Student
(d) Other
(a) Matric
(b) Intermediate
(c) Graduate
(d) Postgraduate
(e) Others
(a) 1
(b) 2
(c) 3
(b) Entertainment
(c) Inspiration/motivation
(f) Shopping
(g) Other
(b) Disagree
(c) Neutral
(d) Agree
(b) Disagree
(c) Neutral
(d) Agree
(e) Strongly agree