Project REPORT
Project REPORT
Project REPORT
SUBMITTED BY:
HIRAK JYOTI BORAH Roll No:-UC-191-291-0035
RIKI BORAH RollNo:-UC-191-291-0084
Department of Commerce
Nagaon-782002
Assam, India
Febuary, 2022
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ABSTRACT
Explosive growth of Internet has changed the ways for all type
of business functions including marketing. Day by day, digital or
internet marketing is becoming popular. While there are several
advantages such as cost, rapid penetration, convenience, etc.,
there are a few limitations as well such as trust, negative
feedback, internet penetration etc. In order to circumvent the
limitations, a blended marketing approach needs to be chosen.
A combination of digital and traditional approaches is the best
way forward.
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CHAPTER 1
INTRODUCTION
Digital marketing or Internet advertising, is a type of marketing and advertising
which utilizes the Internet to convey promotional marketing messages to buyers.
It includes email marketing, search engine marketing (SEM), social media
marketing, numerous kinds of display advertising (counting web banner
advertising), and mobile advertising. Digital marketing is a blanket term for the
targeted, measurable, and interactive marketing of products or administrations
utilizing digital technologies to venture and convert leads into clients and save
them. The primary goal is to promote brands, shape preference and boost sales
through a few digital marketing strategies.
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OBJECTIVES
1. Sell
Sell is an indispensable aspect of any digital marketing business
because there is a clear connection between sales and revenue
of the company. The aim of the company is to gain profit as
much as possible from sales. Being digitized means selling your
products in online platform across the world. Your online
presence will help you get a lead generation that will eventually
turn into potential customers. You can also have a user-friendly
website that will encourage customers to buy your products and
services.
2. Serve
As the popular adage goes, “Customers are king”, it’s very
important for you to know the needs and requirements of your
customers and serve them accordingly. I know it is very difficult
for you to serve all the people present online, so at first
recognize your potential customers and then move forward to
serve them properly. You need to make them feel the benefit of
their being online in ways such as providing quick information,
easy renewal services, to solving their queries etc. Try to be
present and responsive to your customers every time.
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3. Speak
Communication plays a major role in any marketing business. It is
very important for both customers and suppliers. As a marketer you
need to understand your customers well. Listen to them carefully
and know exactly what they are looking for and talk to them. Get to
know your customers carefully so that you can convey your
message well. If you understand your customer’s interests,
attitudes, and behavior well then it will allow you to get or give
better responses. And it will also help you to build a better
relationship with your customers.
4. Save
When you market your products digitally or on an online
platform it will automatically help you save money, time and
efforts. It can reduce your physical and operating cost.
Advertising, print media, postage, and customers service
can be reduced once digital marketing has begun. Digital
marketing is very cost-effective than traditional marketing.
Online marketing will help you to get instant responses and
save your time and efforts to do things manually.
5. Sizzle
Sizzle is the last stage of 5s in digital marketing and it is
about how you build or enhance your brand name online.
Sizzling is all about creating, broadening, and establishing
your brand presence on the digital platform. Here social
media plays a great role in achieving or building your
brand’s presence. You can use creative and interactive posts
to attract the eyes of your customers. You also need to build
trust, recognition, and relationship to enhance your product
presence in the market.
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Analysis And Interpretation
There is the need for analysis of the collected data from the sources
of sample selection. The analysis proceedings are selected by the
researcher much before the assessment of data collected from the
questionnaire (Yin, 2003). In this research theoretical plans are
emphasized, where the amassing of information is based on the
selected research questions selected from former researches. The act
of data analysis follows three consecutive steps (Yin, 2003). These are
–
Data reduction: This step depends of concentrating, deciding,
abstracting, simplifying and converting of the collected data. This step
manages data for the final conclusion.
Data display: This is the step that proceeds with the reduced
information and relatively depicts the assessment in a
structured/compacted manner to meet the process of concluding the
results.
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SUGGESTIONS
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RESEARCH METHODOLOGY
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The research design adopted for this particular study has got systematic
formulation. The entire process comprises of research objective, methodology of
research, research plan, data compilation, data assessment and assessing quality
standards.
“Research design is the plan, structure and strategy of investigation conceived so
as to obtain answer to research question and to control variance.” – BY
KERLINGER
According to Yin (2003), research has got three distinct classes. These are –
Exploratory
Descriptive
Explanatory
The motive of the research is to make a selection among these three classes. The
selection will be done on the basis of the element of suitability for the study.
Exploratory research is used for comprehending the determined phenomenon
initiated by Paul and Eriksson (2006). This type of research is appropriate for a
situation where significant traits or the apt associations are hard to derive.
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Scope of Research
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Limitation Of The Study
1. High competition
The digital marketing campaign should be well thought of, should stand
out, grab attention and create impact on the target audience since the
competition has grown many folds in the recent past. Any monotonous
approach or repeated method will drive the brand out of the
competition in no time. Digital marketing campaigns have become very
competitive, thus brands have to be relevant to the needs of the
customers and be quick in responding.
2. Dependability on Technology
Digital marketing is purely based on technology and the internet is
prone to errors. There are times when the links may not work, landing
pages may not load, and page buttons just don’t simply do its job. This
leads the prospective customers to switch to other brands. Therefore,
to avoid this, a test of the website is necessary, also proofreading the
contents and making sure that the campaigns will work on its targeted
niche becomes important.
3. Time Consuming
One of the biggest disadvantages of digital marketing campaigns is its
time consuming nature. Unorganized tactics and strategies may
consume a lot of time and often it becomes difficult to devote the
desirable time to the campaign. This will eventually lead to negative
results. Therefore, it has been suggested to focus on a strategy that the
company needs the most then accordingly plan and curate the content.
Digital marketing tools like Hubspot, Ahrefs and social media posting,
and scheduling tools like Hootsuite and Tweetdeck should be used to
overcome the potential barriers.
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Findings Of The Study
Customers and marketers need to learn about the pros and cons of
digital marketing to get the best out of it. When you don’t learn the
pros and cons of digital marketing, you won’t reap the full benefits.
Simply put, digital marketing is the method of sales and promotion of a
brand through digital media, particularly with the help of various tools
available on the Internet.
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References
1. Bart, Y., Shankar, V., Sultan, F., & Urban, G. L. (2005).
Are the drivers and role of online trust the same for all
web sites and consumers? A large-scale exploratory
empirical study. Journal of marketing, 69(4), 133-152.
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