New Project Report
New Project Report
New Project Report
PROJECT REPORT
ON
DIGITAL MARKETING = THE NEW FACE OF MARKETING COMMUNICATION
SUBMITED TO
SUBMITED BY
AMAR GORAKSFNATH KULAT
BBA = IV
1
RAJMATA JIJAU SHIKSHAN PRASARAK MANDAL’S
Art’s,Commerce& Science College
(Id.-PU/PN/ACS/161/2001) (Jr.Index No.-J.11.16.026)
(Affiliated to University of Pune and approved by S.E.,H.E.,Govt. of Maharashtra)
Opp. Amphenol Company, Near DattaMandir,Landewadi,Bhosari,Pune -411039.
Tel : 020-27124910 Fax: 020-27124338 e-mail:
[email protected]
Web:www.rjspm.org
Hon.Mr.VilasraoLande (M.L.A.) Mr.Sudhir Mungase Mr.Ajitbhau
Gavhane President Secretary Treasurer
CERTIFICATE
This is to certify that the project report titled DIGITAL MARKETING
–
THE NEW FACE OF MARKETING COMMUNICATION
Administration and has successfully and satisfactory carried out project work.
The project is submitted in partial fulfillment of BBA in the academic year
2023 -2024 as per rules of the Savitribai Phule Pune University.
Place –
Pune Date –
2
DECLARATION
Respected Ma‟am.
I hereby declare that the research work presented in this project work entitled Study Of
manpower planning from DIGI TAL MARKETING – THE NEW FACE OF MARKETING
COMMUNICATION is an outcome of
my efforts under the guidance of Prof. YOGITA CHANDAWALE and submitted the same as
original for the award of the degree of Bachelors of Business Administration in the year 2023-24
I also declare that this project work has not been previously submitted by me and the
information gathered by me is safely used for academic purpose.
( AMAR KULAT )
3
ACKNOWLEDGEMENT
Your valuable guidance and suggestions helped me in various phases of the completion of
this project. I always be thankful to you in this regard.
(AMAR KULAT)
4
INDEX
SL.NO TOPIC PAGE NO.
1 EXECUTIVE SUMMARY 5
2 INTRODUCTION 6-7
5 METHODOLOGY 13
6 FINDINGS 44
7 CONCLUSION 45
8 APPENDIX 46-49
9 REFERENCES 50-52
5
EXECUTIVE SUMMARY
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, concepts of digital
marketing, Duties and responsibility of client servicing executives in an agency, Steps involved in client
servicing and Consumer buying behavior in the digital era. After reading the whole report the reader will
be able understand the reason behind growing digital media marketing.
Title of the Report is “Digital Marketing – The New Face Of Marketing Communication” and
Objectives of the project is to understand the change in consumer buying behavior in digital era.
Methodologies used for achieving the objective are descriptive study and a research. For achieving the
objective, I have done one research using an online questionnaire. The title for the research is
“Understand the consumer buying behaviour of Indian in digital era”.
Main findings of the research are given here. Indian customers are highly information seekers.
They collect more information about a product before buying it. Internet penetration in India is key
player for this phenomenon. Most of Indians are getting stimulus through advertisements, but they are not
reaching to end phase of customers purchase journey, mainly in high involvement purchases. Brands are
getting more touch point to reach their target group in this digital era. More details about findings are
given this report.The successful completion of this project indicates that the future of marketin
6
inthehands of digital. I conclude my research by quoting again that “Brands can’t sustain without
digpresence”
INTRODUCTION
Advertising is normally done by a third party known as advertising agency. An advertising agency is a
service based business dedicated to creating, planning, and handling advertising for its clients. An ad
agency is independent from the client and provides an outside point of view to the effort of selling the
client's products or services. An agency can also handle overall marketing and branding strategies and
sales promotions for its clients. Types of ad agencies are
This report is completely discussing about digital or new media agencies. There was a time when
Television was the most popular medium for Marketer to promote, spread awareness and generate leads
for their products but now the trend has changed and Digital media has taken its place. Main reason for
this change was
7
Traditional methods are expensive. Compared to digital marketing channels, you could end up
spending thousands of dollars more.
Traditional marketing channels fail to provide instant feedback and reports about who saw or
heard an ad, and took action. This data is collected long after the initial ad impression is made
(and still then, the statistics are far from exact numbers).
Digital marketing, on the other hand, refers to marketing methods that allow organizations to see how a
campaign is performing in real-time, such as what is being viewed, how often, how long, as well as other
statistics such as sales conversions.
Digital marketing was defined in Wikipedia as “marketing that makes use of electronic devices
(computers) such as personal computers, smart phones, cell phones, tablets and game consoles to engage
with customers. Digital marketing applies technologies or platforms such as websites, e-mail, apps
(classic and mobile) and social networks”.
Peoples often referred digital marketing as 'online marketing' or 'internet marketing' but it’s wrong.
Digital marketing revolves around the Internet, which explains why people tend to believe that digital
marketing and Internet marketing are synonymous. Nonetheless, they are different. Internet marketing
falls under the category of digital marketing. Internet marketing encompasses digital marketing services
such as search engine optimization, display advertising, and email marketing.
8
LITERATURE REVIEW
The purpose of doing research in the area of digital marketing is because it seem huge, intimidating
and foreign. Businesses are looking for clearer picture to start but do not know where and how to
start doing digital marketing. In today’s time, social media channels such as Face book, Twitter,
Google and other social media firms have successfully transformed the attitudes and perceptions of
consumers and in the end helped revolutionized many businesses. This was done through measurable
vast network of customers with trustworthy data with real-time feedback of customer experiences.
It is much more convenient for businesses to conduct surveys online with a purpose to get relevant
information from targeted groups and analyzing the results based on their responses. Potential
customers can look for reviews and recommendations to make informed decisions about buying a
product or using the service. On the other hand, businesses can use the exercise to take action on
relevant feedback from customers in meeting their needs more accurately.
Digital marketing is the use of technologies to help marketing activities in order to improve
customer knowledge by matching their needs (Chaffey, 2013).
Marketing has been around for a long time. Business owners felt the need to spread the word about
their products or services through newspapers and word of mouth. Digital marketing on the other end
is becoming popular because it utilizes mass media devices like television, radio and the Internet.
9
The
10
most common digital marketing tool used today is Search Engine Optimization (SEO). Its role is to
maximize the way search engines like Google find your website.
Digital marketing concept originated from the Internet and search engines ranking of websites. The
first search engine was started in 1991 with a network protocol called Gopher for query and search.
After the launch of Yahoo in 1994 companies started to maximize their ranking on the website
(Smyth 2007).
When the Internet bubble burst in 2001, market was dominated by Google and Yahoo for search
optimization. Internet search traffic grew in 2006; the rise of search engine optimization grew for
major companies like Google (Smyth 2007). In 2007, the usage of mobile devices increased the
Internet usage on the move drastically and people all over the world started connecting with each
other more conveniently through social media.
In the developed world, companies have realized the importance of digital marketing. In order for
businesses to be successful they will have to merge online with traditional methods for meeting the
needs of customers more precisely (Parsons, Zeisser, Waitman 1996).
Introduction of new technologies has creating new business opportunities for marketers to manage
their websites and achieve their business objectives (Kiani, 1998).
With the availability of so many choices for customers, it is very difficult for marketers to create
brands and increase traffic for their products and services. Online advertising is a powerful marketing
vehicle for building brands and increasing traffic for companies to achieve success (Song, 2001).
Expectations in terms of producing results and measuring success for advertisement money spent,
digital marketing is more cost-efficient for measuring ROI on advertisement (Pepelnjak, 2008).
Today, monotonous advertising and marketing techniques have given way to digital marketing. In
addition, it is so powerful that it can help revive the economy and can create tremendous
opportunities for governments to function in a more efficient manner (Munshi, 2012). Firms in
Singapore have tested the success of digital marketing tools as being effective and useful for
achieving results. (Teo, 2005). More importantly, growth in digital marketing has been due to the
rapid advances in technologies and
11
changing market dynamics (Mort, Sullivan, Drennan, Judy, 2002). In order for digital marketing to
deliver result for businesses, digital content such as accessibility, navigation and speed are defined as
the key characteristics for marketing (Kanttila, 2004). Other tried and tested tool for achieving
success through digital marketing is the use of word-of-mouth WOM on social media and for making
the site popular (Trusov, 2009). In addition, WOM is linked with creating new members and
increasing traffic on the website which in return increases the visibility in terms of marketing.
Social media with an extra ordinary example Facebook has opened the door for businesses to
communicate with millions of people about products and services and has opened new marketing
opportunities in the market. This is possible only if the managers are fully aware of using the
communication strategies to engage the customers and enhancing their experience (Mangold, 2009)
. Marketing professional must truly understand online social marketing campaigns and programs and
understand how to do it effectively with performance measurement indicators. As the market
dynamics all over the world are changing in relation to the young audience accessibility to social
media and usage. It is important that strategic integration approaches are adopted in organization’s
marketing communication plan (Rohm & Hanna, 2011).
Blogs as a tool for digital marketing have successfully created an impact for increasing sales revenue,
especially for products where customers can read reviews and write comments about personal
experiences. For businesses, online reviews have worked really well as part of their overall strategic
marketing strategy (Zhang, 2013). Online services tools are more influencing than traditional
methods of communication ( Helm, Möller, Mauroner, Conrad, 2013). As part of study, it is proven
that users experience increase in self-esteem and enjoyment when they adapt to social media which
itself is a motivating sign for businesses and marketing professional (Arnott, 2013). Web experiences
affect the mental process of consumers and enhance their buying decision online (Cetină, Cristiana
, Rădulescu, 2012). This study is very valuable for marketing professional as it highlights
the importance of digital marketing.
The Internet is the most powerful tool for businesses (Yannopoulos, 2011). Marketing managers
who fail to utilize the importance of the Internet in their business marketing strategy will be at
disadvantage because the Internet is changing the brand, pricing, distribution and promotion
strategy
12
.
Pakistan has seen tremendous growth in media with 20 million people have access to the Internet but
still marketers insist on doing things the traditional way (Mohsin 2010). Management and structure
in Pakistan are still based on ancient paradigm where customers are moving ahead with their
demands and expectations. This gap is widening day by day with limited skills and mindset
available
in Pakistan to solve the problem for the demanding customers. Companies in Pakistan
includingMNC’s are going the traditional way and keeping the digital aspect just to show off in tune
13
AIMS AND OBJECTIVES
PRIMARY OBJECTIVE
The main objective of the study is to understand the consumer buying journey in
Digital era.
SECONDARY OBJECTIVES
To know affinity in customers for collecting information before purchase.
To determine out the media, which is most important in creating stimulus in Indians?
To understand the media consumption of Indians.
To figure out how Indian will purchase a product.
To understand post purchase behaviour of Indian
14
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.
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.
I have also used an online questionnaire to understand the consumer buying behaviour of Indians in
digital era
15
INDUSTRY ANALYSIS
The Indian Media and Entertainment (M&E) Industry, one of the most vibrant and exciting industries in
the world, has had a tremendous impact on the lives and the Indian economy. As the M&E industry
widens its reach, it plays a critical role in creating awareness on issues affecting, channelling the energy
of and building aspirations among India’s millions. As it entertains and informs the country, the M&E
industry has been a catalyst for the growth of large parts of the Indian economy. M&E industry consist of
TV, Print, Films, Radio, Music, OOH, Animation and VFX, Gaming and Digital Advertising.
The FICCI-KPMG 2014 Report 'The Stage Is Set' showing the Indian media and entertainment (M&E)
industry has grown by 11.8 per cent in 2013 while comparing with 2012 and touched Rs 918 billion. It is
expected to touch Rs 1785.8 billion by 2018, with a CAGR of 14.2 per cent.
By the end of 2014, the industry is expected to stand at Rs 1039 billion. Additionally, digital advertising
has shown promising growth in 2013 while comparing with 2012, which is about 38.7 per cent, followed
by gaming which grew by 25.5 per cent. As for the 2018 prediction: Digital advertising is expected to
lead the CAGR with 27.7 per cent, followed by radio with 18.1 per cent. Gaming and television are
expected to register a CAGR of 16.2 per cent each, followed by growth rates of animation and VFX (15.9
per cent), music (13.2 per cent), films (11.9 per cent) and OOH with 9.2 per cent expected CAGR.
16
According to the annual advertising expenditure report from GroupM, The digital media advertising
revenues for the year 2013 is estimated at Rs 2,520.1 crore (around $405 million) , up 30% from Rs
1,938.6 crore in 2012,. Digital contributed to 6.5% of the total media advertising expenditure in 2013, up
from 5.5% share in 2012.
The agency estimates that the digital media advertising revenues to reach Rs 3,402.2 crore ($546 million)
in 2014, registering a 35% growth year on year. This will represent around 7.9% of the total media
advertising expenditure in 2014, which is estimated at Rs 43,065.4 crore. The company notes this will be
driven by election spending by the government and political parties across all media. GroupM made the
prediction in the latest edition of its annual report This Year, Next Year. Digital media were projected to
increase 35%, with TV slowing to 12% from last year’s 14.6% and print picking up to 8.5% from 4.6%
in 2013.
Digital ad spends accounted for 8.3 percent of the total ad spends of Inr362.5 billion in 2013. Digital
media advertising in India is grown by 38.7 per cent in 2013, faster than any other ad category. [6] With
the dramatic growth in mobile usage, content providers and advertisers are seeking opportunities to get
their message across on this preferred medium of the masses.
It is estimated that the total internet user base will reach 494 Million by the end of 2018 as against 938
million TV viewers in the same year. This means that the internet user population will be approximately
53 per cent of the total number of TV viewer in the country in 2018 compared to 27 per cent in 2013.
17
This
18
shift towards the digital media is important for digital media strategists to consider, in order balancing
their marketing budgets between online media and traditional TV strategy.
IAMAI & IMRB report of March 2013 showing trends in breakup of Digital ad market among various ad
types like search ads, display ads, mobile ads, social media ads, email ads and video ads. By seeing this
breakup we can understand marketer are giving importance to all venues to place ads.
Some of the key players in the Digital advertising are Ogilvy & Mather, Webchutney, IBS, Isobar,
Maxus, 22 Feet, Grey Digital, Mind Share, Interactive Avenues, Omnicom Media Group, Digital Law &
Kenneth, Pinstrom.
19
2.1) Business Model of Industry
ATD- Agency Trading Desk DSP- Demand Side Platform SSP- Selling Side Platform
About Process
Clients would give authority to agencies, to wear the shoes of clients. Agency will create ads, which may
be banner ads or videos. After the creation and getting approval from clients, agency while find out the
portals or websites where the T.G is present. Later give the order to DSP or ATD, this order contains
details regarding where to place ads or which portal is requiring to placing the ad. This DSP/ ATD will
bid in ad exchange for that portal. Otherwise agency can directly approach to ad networks and give
orders. These ad networks buy the inventories from publisher and give to agency. From publisher view
he can sell inventories through Ad networks or through SSP. If publisher give to SSP, they will place
those space in ad exchange for bidding. Through ad exchange DSP/ATD will buy those inventories.
Bidding will not only for space but also for T.G which required for clients.
Ad exchanges are technology platforms that facilitate the bids for buying and selling of online media
advertising inventory from multiple ad networks. The approach is technology-driven as opposed to the
historical approach of negotiating price on media inventory.
A demand-side platform (DSP) is a system that allows buyers of digital advertising inventory to
manage multiple ad exchange and data exchange accounts through one interface. Real-time bidding for
displaying
20
online ads takes place within the ad exchanges, and by utilizing a DSP, marketers can manage their bids
for the banners and the pricing for the data that they are layering on to target their audiences. A supply-
side platform or sell-side platform (SSP) is a technology platform, web publishers of the world use a
supply-side platform to automate and optimize the selling of their online media space.
21
Clients like MNC’s have high power over agencies, but SME’s will satisfy with performance
of agencies.
Backward integration by buyers is not possible.
4) Threats of substitutes
No. of substitutes is high, substitutes include Print media, TV, OOH and Radio.
Substitutes are too popular among buyers. They had high demand in past years.
Main competitor for Digital advertising is TVC, but trends are now changing FICCI-KPMG
report of 2014 showing growth of digital is very high while comparing with others media.
But media consumption through radio is increasing now.
22
Indian market is a potential market for digital advertising due to high internet and mobile
penetration
India, with 1,270,272,105 (1.27 billion) people is the second most populous country in the world, while
China is on the top with over 1,360,044,605 (1.36 billion) people. [10] The figures show that India
represents almost 17.31% of the world's population, which means one out of six people on this planet
live in India. Although, the crown of the world's most populous country is on China's head for decades,
India is all set to take the numerous positions by 2030. With the population growth rate at 1.58%, India is
predicted to have more than 1.53 billion people by the end of 2030.
India is currently having online population of 213M, among them 60% are males and 40% are females.
In have 110 M mobile internet users, among them 80% are males and 20% are females. 176M of the total
internet population are part of Social Medias.
India has bypassed Japan to become the world’s third largest Internet user after China and the United
States, and its users are significantly younger than those of other emerging economies, global digital
measurement and analytics firm comScore has said in a report. Riding on a 31% year-on-year increase,
India’s online population grew to 73.9 million. With an extended online universe in excess of 145 million
the market is at a tipping point for online businesses. The numbers are lower than other recent estimates,
possibly reflecting comScore’s methodology that only factors in PC and laptop-based Internet usage.
23
4.1) Gender Wise
India currently have online population of 213M, among them 60% are males and 40% are females. In
have 110 M mobile internet users, among them 80% are males and 20% are females. 176M of the total
internet population are part of Social Medias.
According to the Internet And Mobile Association of India (IAMAI), the Internet user base in the country
stood at 190 million at the end of June, 2013. For the whole year 2013, the internet user base grew 42%
to 213 million, from 150 million in 2012. With more and more people accessing the web through mobile
phones, the internet user base in the country is projected to touch 243 million by June 2014, a year-on-
year growth of 28%.
India males aged between “15-24” are major users among Males and in females 35-44 are major users of
internet. Age wise distributions are given below.
24
4.2) Online Behaviour of Indian Internet Users
Trends in online behaviour are changed a lot, social networking is leading now. Early people will use
internet to access email and for searching information. But now people like to be social, they are
interested in sharing their life with others. 25% of the population are doing social networking in India
followed by 23% in services. Services include emailing and instant messaging.
25
4.3) Mobile Internet Users
Internet penetration in India is driven largely by mobile phones, with some of the cheapest and most
basic hand-sets today offering access to the internet. According to IMAI, India has 110 million mobile
internet users of which 25 million are in rural India. The growth of internet penetration in rural India is
driven largely by the mobile phone; 70% of rural India's active internet population access the web via
mobile phones. This may have to do with the difficulty in accessing PCs. Forty-two percent of rural
India's internet users prefer using the internet in local languages. The high prevalence of content in
English is a hurdle for much of rural India.
Research report of InMobi showing the behaviour mobile user in internet, 21% of their total consumption
is for Entertainment and Social Media, which followed by Games, General Information Search and
Email.
26
Number of Indian user on Social Networking Platform
27
Social Video report saying 46% of internet users watch brand related video every week. 54% watching
videos that are informative or entertaining often leads to a number of other positive activities such as
visiting the brand website. Peoples are now likely to regularly watch videos using their smart phones.
Almost six in ten internet users have gone to purchase an item after seeing it in an online video.
28
From a marketers view digital platform is very important because customers have more presence in
digital media. Customers are spending more time on digital, so it is easy to catch customers in digital
platform, more than that spending digital is much cost effective while comparing with traditional.
29
DIGITAL MARKETING
Digital marketing is the promotion of your business, organisation or brand using channels such as the
Internet, mobile devices, television and radio in addition to using creative online advertising, video,
podcasts and other such methods to communicate your message.[17] Internet marketing in particular
plays a huge part in any digital marketing strategy and is becoming the core of many organisations
overall marketing strategies, particularly with regard to social media and viral marketing.
Digital marketing ecosystem is not only concerned with internet marketing and social media marketing,
in introduction we discussed that peoples have a belief that internet or social media marketing are same
but not same, be clear from beginning itself. Digital marketing ecosystem consists of internet marketing
and social media marketing. They are just a channels for communication, digital ecosystem consist of
integrating channels and integrating services.
Intergrated
• Analytics
• Content management
• Advanced Targeting
• Creative
30
5.1.1) Search Engine
Search engine optimisation (SEO) is the art of getting a website to work better with search engines (like
Google, Bing & Yahoo), and to look for achievable, profitable, ranking opportunities through keyword
research. It is a quest for increased visibility in search engines via relevant copy, quality links, domain
trust, social popularity and search engine connectivity.
Search engine marketing (SEM) is a broader term than SEO, and is used to encompass different options
available to use a search engine’s technology, including paid ads. SEM is often used to describe acts
associated with researching, submitting and positioning a website within search engines. It includes
things such as search engine optimization, paid listings and other search-engine related services and
functions that will increase exposure and traffic to your Web site.
5.1.2) Displays
Display advertising is a type of advertising that typically contains text (i.e., copy), logos, photographs or
other images, location maps, and similar items. In periodicals, display advertising can appear on the same
page as, or on the page adjacent to, general editorial content. Normal banners, Rich media banner,
Interstitials and pops are example of displays.
31
5.1.6) Video
Marketers are now use video to make customers aware of brands and to sharing the experience of other
customers. YouTube ads are too popular in video ads. In social media platforms also brands are sharing
video.
5.1.7) Analysis
Analytics is the practice of evaluating data, and the process by which a company arrives at a most
advantageous decision. Here marketer analysis the integrate channel to understand the effectiveness of
communication. Analysis may be based on numbers of visitor or like in social media pages..Etc.
5.1.10) Creative
Creative is the artistic component of an ad or website. It usually includes an image and copy present in
ads or website. Marketer can make those contents attractive to customers. Marketer will sometimes
change the entire design of websites, apps..Etc.
32
5.1.12) Digital Strategy
Digital strategy is the process of specifying an organization's vision, goals, opportunities and initiatives
in order to maximize the business benefits through digital media. Strategy will be different for each
brand, it will base on the brand objective and target groups interest. It is actual a plan formulated by the
marketer to explore the opportunities. Strategy may be short term or long term, but it need to be fit with
market situations.
In push digital marketing the marketer sends a message without the recipient actively seeking the
content, such as display advertising on websites and news blogs. Email, text messaging and web feeds
with customized contents can also be classed as push digital marketing when the recipient has not
actively sought the marketing message. Push marketing allows you to target your demographics and use
your marketing dollars to promote your product to the people you know are interested in what you have
to sell. A push marketing campaign can be more expensive when it comes to upfront costs, so you really
need to be sure that your marketing is going to reach the right people at the right time. Behaviour
targeting is good example for push digital marketing.
In Pull digital marketing includes blogging, email marketing, social media, info graphics and other
forms of visual messaging and search engine optimization (SEO). A pull marketing campaign also
includes public relations or other ways of reaching out to potential or already realized customers who you
want to keep engaged. While a pull marketing campaign can be less expensive to get started, you will
incur costs in other ways. For example, if you are running a social media campaign, you will need to hire
someone to manage your social media and respond to people who leave comments or ask questions.
Social media gets people talking and that has a major impact on sales. Pull marketing also requires a
greater investment in time, but it gives you more ability to entertain your customers and educate them
about your company. [18]
But don't get confused by seeing Email in push and pull, there is a difference. If marketer is sending
emails with customized content or banners to specific group of customers is push digital marketing. If
marketer is sending emails with the same content or banner to all customers is pull digital marketing.
33
5.3) AIDMA as AISAS in Digital Era
AIDMA widely accepted model describing the psychological process leading up to the consumer’s
decision to purchase a product. This model is similar to AIDA model. The AIDMA Model was first
advocated by Roland Hall, an American economist, around 1920. [19]
According to this model, there are five key processes: Attention, in which the consumer first notices the
product or advertisement, followed by Interest, Desire, Memory, and Action.
This model has been used extensively in the advertising and marketing industries.
AISAS is a process model of consumers purchasing activities in the Internet age. AISAS is a
consumption behaviour model that has been advocated by Dentsu since 2004. It was developed to
observe behaviours based on the understanding that the Internet has become prevalent, and that
consumers now have access to environments in which they can obtain and transmit information
themselves.
In this model, the key processes are: Attention, in which the consumer first notices the product or
advertisement, followed by Interest. After this, the consumer Searches for information, and then makes a
purchase (Action), after which information is shared with others. In comparison to “AIDMA,” the
psychological process has become more compact, and the Action process has expanded.
These changes are shown how presences in digital are important for brands. Brands can able to create
awareness and internet without digital. But it will not lead to action in current scenario. Customers need
more information in present era; they are information seeker and always search for best deal. Brands
can’t sustain without digital media.
34
5.4) Advantages of Digital Marketing
Digital Advertising is increasingly an inherent budgetary component of many organizations today.
Organizations of all sizes use the medium to promote their products and services. So well, why do so
many organizations use the medium? Simply put, it is due to the numerous advantages that online
advertising offers. These are discussed in the paragraphs ahead.
Reach - The ability of the online medium to target a certain demographic of users is one of the greatest
advantages of digital advertising. In addition, the geographical reach of the online medium is far greater
than that of traditional media. It’s not only cost effective to achieve a wider geographic area but the ads
can also be targeted to the desired audience. For example, if an advertiser is keen on selling his or her
products targeted to a certain demographic of people, it is quite possible through online advertising.
Digital advertising has matured to the extent that web publishers, media agencies and advertisers
themselves know the optimal ways and websites for a certain category of products or services.
Interactive and Engagement - The Internet is arguably the most interactive and engaging medium
among various others. Interactive campaigns have become a norm with the power of the online medium.
One such advertisement worth mentioning is the campaign by AXE where the end user could alter the
smile of a woman as he/she liked to i.e. in an interactive framework. The advertisement struck an instant
chord with the youth to which AXE the brand is positioned for Customers are basically just a click away
from the advertisers. In other words, direct response between end users and advertisers is possible
through the online medium.
Time - Through the Internet, an advertiser can reach a desired target group or demographic in a much
shorter time frame. For example, if an advertiser needs to plan some sort of ambush marketing, the online
medium can be an effective means of achieving it. Even otherwise i.e. for regular marketing campaigns,
the total time necessary to complete an online advertising campaign is less than that of traditional
advertising methods.
35
Cost - When compared to traditional forms of advertising, digital advertising is cheaper. Various
payment models are available between the advertisers and publishers. Many a time, advertisers are
charged only when visitors click on their ads. The various payment models are discussed in detail in the
next section.
DISPLAY ADVERTISEMENTS: Advertisements that are placed at various points on a web page that
typically contain logos, photographs, other images or even text. Technologically these comprise of
Image, Simple flash and Rich media with& without video ads.
SOCIAL MEDIA ADVERTISEMENTS: Advertisements of any type: text, display, stamp pads etc
displayed on various social media websites like: Facebook, Twitter, LinkedIn, Pinterest, Orkut etc fall
into this category.
VIDEO ADVERTISEMENTS: Advertisements that fall broadly under the display type but have video
within them and are served before, during and/or after a video stream on the internet. This type
comprises In-Video ads, Standard In-Stream ads (pre rolls, mid rolls or post rolls) and True View ads.
Page View - Viewing the page is known as page view. It gets counted once the page loaded.
36
Leads - When one person fills his details in the given box is known as lead.
Conversion - The percentage of people whose activity can be tracked while clicking on an ad or
visiting a website to actually purchasing a product or service. A high conversion rate indicates
that the link, ad or site was successful
Profiling - To build a picture of a target customer based on information from various sources
including customer transactions completed forms and demographic data.
Landing Page - A custom we page designed to convert visitor into leads or sales. Email, banner
ads and even offline outbound marketing campaigns drive traffic to a landing page to capture
information or trigger a sale. Landing page is also called as destination page or splash page.
Rich- media: Online ads that contain motion, sounds or video are termed as rich media ads
Banner Ads: Embedding an ad into a web page- know as a click through due to interactive
actions where the consumers clicks and is taken to the banner ad’s company websites
Pop-up: Ads that displays in a browser window either in the front or behind the current browser
window.
Cost –Per- Action (CPA): Cost of advertising based on a visitor taking some specifically defined
action in response to an ad. “Action” include such thing as a sales, transaction, a customer
acquisition or a click
Cost- Per -Click (CPC): Cost of advertising based on the number of clicks received.
37
Cost- Per-Thousand (CPM): The standard unit for buying or selling Internet advertising. The
thousand stands for ‘thousand advertising impression or views’.
Pay- Per- Impression: Online advertising where an advertiser pays a pre-agreed price each time
a user clicks on their advertisement. The cost for the click is often negotiated through auction,
with ad placement determined by the relative size of the bid, as well as other factors.
Pay-Per-Inclusion: Search engine marketing programs that guarantee web site listing for specific
keyword search term for a fee.
Pay-Per-Lead: Paying to acquire leads from an outside party at a set rate or amount per lead
Today, brand custodians are the connected users who exist across digital platforms. They are
multifaceted. They are the publishers, circulators, ambassadors, instigators and at the same time they are
the custodians as well. Their digitally connected existence has power, credibility, influence, depth, and
reach.[26] Their digital messaging has the velocity, acceleration, and momentum required to impact
brands. Yet brands and their default custodians continue to live blissfully in an illusion about the control
they exercise over their brand.
Brand is an enabler in the current age. It is the participants, the brand conversations and the platforms
that amplify the brand and drive the brand philosophy. Businesses need to, therefore, understand the
consumers and the evolving digital sphere better and continue to build brands within the digitally
connected ecosystem by focusing on the following 3 elements- [27]
38
People
Channles Engagements
People
The digital age has democratized individuals. They are no longer passive consumers, but active and
creative participants. They expect and believe in the co-creation of an experience, thereby evolving from
consumers to users. They are becoming the most credible and reliable source of the true picture of a
brand.
Consumers are beginning to seek a relationship of fair exchange between themselves and the businesses
where each contributes and everyone gains. Individuals are seeking a multidimensional relationship that
provides them with more than just the brand product/service.
The fair exchange relationship is also offering new opportunities to the business to build more human
connections. Businesses will have to become receptive to this new age definition of relationship that
consumers seek. They may do well to go a step ahead and create an environment that is receptive to this
fair relationship.
Channels
With consumers evolving into users and participating in co-creation, it is important for brands to offer
those channels and platforms that allow them to participate in this process. Users are seeking channels
that offer them more than just digital promotional activities; they want channels that allow them the
freedom to be publishers of content, information and data, that give them control over what content they
produce and consume, that allow them to co-create brand experience.
The channels also need to be device agnostic. Users are adapting to the usage of different devices
throughout the day to execute tasks at hand. They might use a smartphone or tablet to complete
39
functional tasks etc. while on the move, but they use a PC for heavy content creation and research.
According to a
40
google research, 90 percent of people move between devices to accomplish a task, with virtually all of
them completing their task in one day. The most popular starting point is the smartphone. In most cases,
the tasks are continued on a PC though tablets are also becoming a popular option for continuing social
networking and watching videos.
Businesses and brands need to accept that it is the consumer who has become a more credible publisher
by virtue of their access to a device which is always on and active. Creating an environment of device
agnostic platforms and channels that allow co-creation of content between brands and consumers will
address this shift.
Engagement
It is about creating a window with enhanced attention to influence behaviour and motivations. With every
business eyeing the opportunity to engage users, it is critical to focus on engagement by increasing brand
salience and influencing buyer behaviour and choice. Brands should be able to map a customer’s journey
to understand where they can add value and create an opportunity to engage them. Brands need to
understand that engagement is not about pushing product messages; it is about capturing the imagination
and the attention of the user. It is about designing a naturally engaging experience.
Businesses need to understand that digital environment is not about technology but about attention,
where the consumer is at the core, armed with powers like never before. Businesses and brands should,
therefore, focus on connecting the dots and realize that now, in the digital age, it is all about co-owning a
brand.
41
RESULTS AND DISCUSSIONS
Other Sources 7%
News 13%
Advertisements
40%
Family Friends
10%
30%
5%
Yes
No
95%
42
Customer's Experience21%
Quantity11%
Attributes10%
Quality32%
Price26%
19%
Yes
81% No
5) If yes, then what type of product / services did you purchase online?
Electronic 22%
11%
Travel products 17%
19%
Kichen an home items2% 2%
Sport equipments11%
13%
Automotives3%
YES NO
93%
43
47% Yes
53% No
7%
YES
NO
93%
26%
YES
No
74%
YES NO
99%
44
11) Do you have a laptop or PC?
6%
YES
NO
94%
30% YES
NO
70%
13) Do you have an internet connection in any of the above mentioned gadgets?
4%
YES
NO
96%
College 26%
Office 16%
45
15) What you do with these gadgets?
Chatting 21%
Watch Videos
14%
E- books Blogging News reading
Shopping Surfing 6%
Games
6%
11%
12%
16%
14%
YESNO
97%
46
Radio 6%
OOH 6%
Magazines 14%
Newspaper 17%
18) Mention one from of media, which you give more importance?
Radio 4%
OOH 3%
Newspapers 11%
Online 48%
TV 34%
47
Visit and purchase from retail shop itself 19%
Visit the retail shop and purchase from… 7%
Visit the retail shop and purchase from… 4%
Research and purchase from laptop
11%
esearch and purchase from mobile Research in mobile and purchase from… Research in 6%
laptop and purchase from…
Research in mobile and purchase from…
10%
22%
21%
20) After purchase, what type of experience will you share with others?
Bad experience 2%
In company website 4%
Write a blog 3%
Messaging 24%
FINDINGS
48
Indian customers are highly information seekers. They collect more information about quality
, price and refer customer’s experiences before purchasing a product.
Advertisements have high impact for creating stimulus in Indian customers. But this stimulus wi
49
CONCLUSION
The successful completion of this project indicates that the future of marketing is in the hands of digital.
Digital marketing is not only concerned with placing ads in portals, it consists of integrated services and
integrated channels. Marketers want to use these components in an effective way to reach target groups
and to build a brand. In this digital era marketer is not the custodian for a brand, people who are
connected across the digital platforms are the custodians.
Brands want to build their presence over digital platform, because customers have high affinity towards
digital media than other media’s. More than that customers are highly information seekers and digital
media is the only platform for two way communication between brands and customers.
Digital media is the best platform to convert a product to a brand. Because it is more cost effective and it
provide lot of touch points to marketer. Brands can able to engage their target group in an effective way
through digital platforms. Digital media is not only for engagement, brands can increase their customers
or they can retain their existing customers. Digital platforms help to increase the impact of brand recall in
target groups.
The research focused on the consumer buying behaviour shows that, Indian consumers are highly
information seeker and they will do research about a product before going to a retail shop. So brands
want to give platforms to consumers to understand their product or to get a really feel of that brand.
I honestly believe that this project report will be at most useful for marketers to understand the digital
marketing and also to plan for future strategies.
I conclude my research by quoting again that “Brands can’t sustain without digital presence”.
50
APPENDIX
Appendix 1 : Questionnaire
Understand Consumer Buying Behaviour of Indians
This questionnaire will be used to understand the consumer buying behaviour of Indians.
Friend
Family
Advertisements
News
Other sources
product? Yes
No
Price
Quality
Attribute
Quantity
Customer's Experience
Yes
No
5) If yes, then what type of product/ service did you purchase online?
Apparels
Electroni
c Books
51
Travel Products
Fashion
accessories
52
Kitchen and Home items
Toys
Sports equipments
Automotive
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
Yes
53
No
13) Do you have internet connection in any of the above mentioned gadgets?
Yes
No
While watching TV
Office
College
With
friends
Games
Surfing
Shopping
News reading
Blogging
E-booking
Reading Watching
Videos Chatting
Yes
No
TV
Online
Newspapers
YouTube
Magazines
54
Out Door
Hoardings Radio
18) Mention one form of media from the list below, which you give more importance?
TV
Online
Newspaper
YouTube
Out Door
Hoarding Radio
Display ads in shops
shop itself
20) After purchase, what type of experience will you share with others?
Messaging
Write a blog
55
In company website
Through face to face
talk
Age
Gender
REFERENCES
56
IAMAI report, 2013. DIGITAL ADVERTISING IN INDIA. [online] available from:
http://www.slideshare.net/TheHWD/digital-advertising-in-india-statistics-trends-2013 [Accessed
on 14 March 2017]
MADS,2013. Demand Side Plaftorm:What is a DSP and Why You Need One for RTB. [online]
Available from: http://blackboard.emediate.com/2013/02/demand-side-platform-for-rtb/
[Accessed on 15 March 2017]
RAN JU,2013. Online Advertising Explained: DMPs, SSPs, DSPs and RTB. [online] Available
from: http://www.kbridge.org/en/online-advertising-explained-dmps-ssps-dsps-and-rtb/
[Accessed on 15 March 2017]
World Population Statistics, 2013. Indian Population. [online] Available from:
http://www.worldpopulationstatistics.com/india-population-2013/ [Accessed on 15 March 2017]
India online, 2014. Indian population. [online] Available from :
http://www.indiaonlinepages.com/population/india-current-population.html [Accessed on 15
March 2017]
comScore,2013. INDIA DIGITAL FUTURE IN FOCUS 2013. [pdf]
TOI,2014. Indian to have 243 million internet user by june 2014: IAMAI. [online] Available
from: http://timesofindia.indiatimes.com/tech/tech-news/India-to-have-243-million-internet-
users-by- June-2014-IAMAI/articleshow/29563698.cms
TOI,2013.With 243 million users by 2014, India to beat US in internet reach: Study. [online]
Available from: http://timesofindia.indiatimes.com/tech/tech-news/With-243-million-users-by-
2014-India-to-beat-US-in-internet-reach-Study/articleshow/25719512.cms
Social Video Report, 2013. [online] Available from: http://socialvideoreport.com/ [Accessed on
15 March 2017]
INMOBI research report, 2012. Media Consumption [pdf]
Split Screen, 2011. What is digital marketing?. [online] Available from:
http://www.splitscreendigitalmarketing.com/#/what-is-digital-marketing/4547805997
Pamela,S., 2013. Pull or Push: Which Type of Digital Marketing is Most Effective?. [online]
Available from: http://www.ipost.com/blog/email-marketing/push-or-pull-which-type-of-digital-
marketing-is-most-effective/ [Accessed on 15 March 2017]
Kevin ,Ing.,2010. AIDMA & AISAS. [online] Available from:
http://empoweringabc.com/2010/08/04/a-is-for-aisas/ [Accessed on 15 March 2017]
57
comScore.2014.[online] Available
from:
http://www.comscore.com/About_comScore/comScore_Fact_Sheet [Accessed on 15 March
2017]
comScore.2011.[pdf online ] Available
from:
http://www.google.co.in/#q=uses+of+comscore[Accessed on 16 March 2017]
Collin, Maessen.2013 Why You Shouldn’t Use Alexa Traffic Statistics. [Online] Available from:
http://www.realsceptic.com/2013/08/12/why-you-shouldnt-use-alexa-traffic-statistics/ [Accessed
on 16 March 2017]
John, Dudovskiy.2013 Consumer Buyer Behaviour Definition.[online] Available From:
http://research-methodology.net/consumer-buyer-behaviour-definition/ [Accessed on 16 March
2017]
Star Group Author Team. 2011 The Zero Moment Of Truth And Why Marketers Must win It.
[Online] Available from: http://www.stargroup1.com/blog/zero-moment-truth-and-why-
marketers-must-win-it [Accessed on 16 March 2017]
Google, 2012 ZMOT Ways to Win Shoppers at the Zero Moment of Truth Handbook. [Online]
Available on: http://www.thinkwithgoogle.com/research-studies/2012-zmot-handbook.html
[Accessed on 16 March 2017]
Martin, Weigel,2014 Brand building in a digital age: Old thinking for new times. [Online]
Available on: http://martinweigel.org/2014/02/18/brand-building-in-a-digital-age-old-thinking-
for-new-times/ [Accessed on 16 March 2017]
Samraat, Kakkar.2014 You are Not the Custodian Of Your Brand Anymore. [online] Available
on: http://www.socialsamosa.com/2014/01/you-are-not-the-custodian-of-your-brand-anymore/
[Accessed on 16 March 2017]
58