Isobar Wip
Isobar Wip
Isobar Wip
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5.1.4) Social Media Marketing ........................................................................................... 30
5.1.5) eMail Marketing ...................................................................................................... 30
5.1.6) Video........................................................................................................................ 30
5.1.7) Analysis ................................................................................................................... 31
5.1.8) Content Management .............................................................................................. 31
5.1.9) Advanced Targeting ................................................................................................. 31
5.1.10) Creative ................................................................................................................. 31
5.1.11) Research and Planning........................................................................................... 31
5.1.12) Digital Strategy ...................................................................................................... 31
5.2) Types of Digital Marketing ............................................................................................. 32
5.3) AIDMA as AISAS in Digital Era .................................................................................... 32
5.4) Advantages of Digital Marketing .................................................................................... 34
5.5) Digital Advertising: Ad Avenues ................................................................................... 35
5.6) Some of the Basic Terms in Digital Marketing ............................................................... 35
5.7) Types of ads.................................................................................................................... 36
5.8) Monetary term in Digital Marketing .............................................................................. 37
5.9) Branding in Digital Era .................................................................................................. 38
CLIENT SERVICING .............................................................................................................. 41
6.1) Responsibilities of a Client Servicing Executive .............................................................. 42
6.2) Attributes of Client Servicing Executive ......................................................................... 42
6.3) Steps in involved in doing client servicing....................................................................... 43
6.4) Tools used....................................................................................................................... 47
1) comScore.................................................................................................................... 47
2) Google Trends ............................................................................................................ 47
3) Face dominator .......................................................................................................... 47
4) Google Keyword Planner ........................................................................................... 48
5) Alexa.com .................................................................................................................. 48
UNDERSTAND THE CONSUMER BUYING BEHAVIOUR OF INDIANS............................ 49
RESEARCH METHODOLOGY .............................................................................................. 53
FINDINGS................................................................................................................................ 55
CONCLUSION ......................................................................................................................... 58
REFERENCES ......................................................................................................................... 60
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EXECUTIVE SUMMARY
I have done a research on Isobar India, one of leading digital agency in world.. Throughout
my internship, I had been working in different clients across India. This report was written
after getting the first hand experience from Digital media marketing. 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 behaviour in the digital era. After reading the whole report
the reader can able to understand the reason behind growing digital media marketing.
Title of the Internship Report is “Understand the ecosystem of digital media marketing” and
Objectives of the Internship are to understand the requirement of clients, formulating
strategies for clients, executing those strategies to achieve their brand objectives and
understand the change in consumer buying behavior in digital era.
Methodologies used for achieving these objectives are client servicing and a research.. By
doing client servicing I got chance to work with popular brands like ITC, United Spirits,
Amante, 3M, Ola cabs, Junggle.com, Wipro, and Sterling Holidays . Main findings of this
internship 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 internship indicates that the future of marketing is in the
hands of digital. I conclude my research by quoting again that “Brands can’t sustain without
digital presence”
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INTRODUCTION
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Advertising in business is a form of marketing communication used to encourage, persuade,
or manipulate an audience to take or continue to take some action. Most commonly, the
desired result is to drive consumer behaviour with respect to a commercial offering.
Advertising is defined by Richard F. Taflinger as “Advertising is the non-personal
communication of information usually paid for and usually persuasive in nature about
products, services or ideas by identified sponsors through the various media."
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
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.
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1.1) Digital Media Marketing or Digital Marketing
The term 'digital marketing' was first used in the 1990s. In the 2000s and the 2010s, digital
marketing became more sophisticated as an effective way to create a relationship with the
consumer that has depth and relevance.
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.
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INDUSTRY ANALYSIS
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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.
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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. 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. This 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.
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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.
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
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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.
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2.2) Porter’s Five Model Analysis of Digital Advertising Industry
Porter’s model will help analysis the industry and understand where the power lies in the
business. Here I am using porter’s model to understand digital advertising industry in India.
Generally, in the Indian advertising industry, contracts are long termed, and customers are
likely to keep going back to the same advertiser so long as results were obtained the first
time.
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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.
5) Rivalry by existing competitors
At present competitors are low, but it can be increase in future. Because lot new
players are coming to the industry.
Existing competitors have high profile clients and clients loyal toward them.
Most of the traditional agencies are now concentrating in digital also.
Existing firms in the Industry are creating variety and unique campaign for clients.
Most of the firms have efficient backend support in technology.
Existing firms have the expertise manpower and firms giving good remunerations
to employees. So employees are loyal towards employers.
Some firms are popular due to execution of innovative campaigns.
Few of the brands have in-house agencies, it will reduce business but not in a high
level.
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ISOBAR INDIA
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Isobar is a global digital marketing agency with a total of 63 offices in 37 markets worldwide.
The agency is a wholly owned subsidiary of Dentsu Aegis Network and is sister agency to
Posterscope, iProspect, Carat, Vizeum, and Dentsu.
Isobar has since become the world's most global agency, with offices on six continents.
We're a committed and diverse group of digital innovators and marketing visionaries
dedicated to helping connect brands with their customers. How? By creating irresistible ideas
that meld creative, planning, technology and data.
With a vision to create the best digital agencies in India, Isobar was launched in August 2008.
Today, Isobar is ranked amongst the top Indian digital agencies with recognitions flowing in
since, including Campaign Asia’s India Digital Agency of the Year 2012 award (Silver),
which was a remarkable achievement for an agency just four year old in the business, With a
client roster like BMW, adidas, Kellogg, General Motors, P&G, Reebok, Expedia, AirAsia,
Ray-Ban, Asian Paints, 3 M car care and Mattel, the agency has been consistently
producing inspiring work. Isobar India’s excellence in media, social, mobile, web
development as well as thought and creative leadership has made it one of the most sought-
after agencies to work with.
3.1) Vision
“To Bring People and Brands Together like Never Before”
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Creative: Providing Art and Copy to the clients, which give the real feel about brand
to customers.
Technology: Create Website and Apps, Managing Apps and Websites, Mobile
websites and apps creation, Micro sites, Trouble shooting and Editing.
3.3) Management
Name Designation
Mark Cranmer Chairman of Isobar
Jean Lin Global CEO Isobar
Shamsuddin Jasani Managing Director, India
Mustafa Syed Director, Media
Gopa Kumar Associate Vice President
Anish Varghese Group Creative Director
Nilesh Pathak Chief Technology officer
Jaya Bhatia Business Head- West
3.4) Awards
1) Media Abbys by Ad Club Bombay and AAAI
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5)YahooBigChairAward
Silver for Best Search Campaign for TATA Winger
6) IAMAI Awards
Global Clients
Coca-Cola Reebok Kellogg’s
P&G GM Sprite
Disney Adidas PHILIPS
FIAT Google TOYOTA
Indian Clients
Adidas P&G winger KWAN
BMW BOSE Muthoot Group Whisper
Air Asia Ray Ban Asain Paints Kellog’s
Ariel Expedia VICKS TATA HOUSING
Olay PHILIPS UTI Mutual Fund MATTEL
Pampers GM Kent RO EVA
Reebok ESSAR GOOD YEAR Sterling Holidays
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3.7) Collaborations in Digital Ecosystem
Ad Networks DSP / Ad Exchange
Admagnet Marmalade
Exponential Amnet
SVG Group
Ozone
Revenue 30 Lakhs
Profit -16%
2013
Profit 24%
3.9) Competitors
Blogworks Digivassi Grey Digital Interactive Webchutney
Avenues
Contract Draftfcb-Ulka Hungama Maxus Mindshare
Digital Services
Digital Law & Everest IBS Netcore DDBMudra
Kenneth Group
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3.10) SWOT of Isobar India
Strengths
Have sufficient experience in branding with many brands from different industries.
Using proper supporting tools for Planning, Customer Insight and Analytics
Weaknesses
Opportunities
Marketers are changing their communication pattern from traditional to new media.
Digital media consumption of Indians is very high while comparing with traditional
media.
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Threats
No of players in market is low, but existing player have larger customer base.
Low barriers in entry and market potential attracting new agencies to the market.
Business risk is very high because business is completely based on client’s business.
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INDIA & INTERNET POPULATION
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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.
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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.
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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.
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4.4) Social Networking
Social Networks capture the largest percentage of consumers’ time in the region. comScore
data’s showing 86% of the Indian web user visit a social networking site. Facebook continues
to be the number one social network with a 28% increase in traffic and a reach of 86%.
Average time spend by a Indian user on facebook is 217 minutes. LinkedIn emerges as
number two, while Pinterest and Tumblr are the fastest growing networks but growth of
twitter is declined by 15% in 2013 while comparing with 2012.
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4.5) Entertainment and Online Video
According to comScore data, the online video audience in India grew an astounding 27
percent in the past years; YouTube continues to be the top video property with more than
55% share. International publishers including Facebook, Yahoo and Dailymotion get a
majority of the 54 million who watched videos. YouTube is the most popular with 32,519
visitor.
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.
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4.6) Media Consumption of Indian’s
On an average Indian consumers are spending 6.10 hours in media per day. In traditional
media Indian audience spend only 195 min or 3.15 hours. If we see the breakup it will be
86min in television, 37 min in newspaper and 30 min in radio. Remaining 4.55 hours or 214
min in new media or digital media. Break up of new media will be like 102 min in mobile,
79min in online and 33 min in tablets.
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.
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Digital Marketing
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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. 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.
Channels •Email
•Video
•Websites
•Analytics
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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.
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.
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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.
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5.2) Types of Digital Marketing
In normal outbound marketing, we will use pull and push marketing strategy. Like that in
digital marketing also pull and push are types.
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.
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.
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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.
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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.
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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.
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 TrueView ads.
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Page View
Viewing the page is known as page view. It gets counted once the page loaded.
Leads
When one person fills his details in the given box is known as lead.
Conversion
Inbound link
Profiling
Unique Visitor
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
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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 -Click (CPC): Cost of advertising based on the number of clicks received.
Cost- Per-Thousand (CPM): The standard unit for buying or selling Internet
advertising. The thousand stands for ‘thousand advertising impression or views’.
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
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5.9) Branding in Digital Era
Before doing this internship, I believed marketer is responsible for building a brand or
marketer is a custodian for a brand. But while doing internship, I understood marketer is not a
custodian, he is a person who guides a product to become a brand.
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. 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-
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
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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 functional tasks etc. while on the move, but they use a PC for heavy content
creation and research. According to a 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
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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.
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CLIENT SERVICING
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Client Service Executive will act as the bridge between the client and the agency. He will
speak to the client to get a brief understanding of what he/she wants. In addition you will also
study the market for the product or service for which the advertisement is being made,
analyse market dynamics, target customers, their needs and behavioural patterns, the
competing product, buying patterns of customers and various other market related factors.
The client servicing executive is responsible for handling queries from the clients.
Should take down brief from the client and make the desired changes as per the client’s
needs by communicating to the creative team.
Have an in depth knowledge about the clients' products, brand, culture, market position
and their overall needs/services.
Should have exemplary communication skills, so as to increase the comfort levels of the
client.
The client servicing executive should ensure that the client stays with the advertising
agency for a longer period of time.
Responsible for generating business and billing from the client.
Coordinates with all the departments in the agency and clients, besides staying calm under
pressure
Should possess good managerial, presentation and exceptional communication skills
Should spend ample amount of time with the client, fulfilling their needs and
requirements
Attend meetings with the clients when there is a need and jot down the brief of the session
Client servicing executive should be well groomed and properly attired
Client services managers connect an agency's creative efforts with advertisers’ needs, from
leading a first meeting on a new account to researching media outlets for a campaign. They
maintain relationships with executives of client businesses oversee the agency’s account team
across all disciplines and develop strategies for clients. In short, the client services manager is
accountable for all aspects of the delivery of work to the client. Every day is different for
client services managers, but routine tasks include updating status reports for clients,
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receiving creative changes from clients, relaying those changes to creative staff and
supervising the account’s finances.
Objectives of brand
Background of brand
Duration of campaigns
Desired result
Creative requirement
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Analysis industry in digital. This includes competitor analysis in digital
platform based on no. of search for client, no. of social media fans and no. of
YouTube videos.
Proposal: Above mentioned two step are for new clients. Basically proposal and
pitch are similar in nature but purpose is different. Proposal is for existing client, if
existing client required to start a new campaign agency will forward proposal to
client. Proposal put forward by agency contains
Campaign objective
Target market
Strategy
Approaches
Estimated cost
Outputs
Review: Client will review the proposal put forward by agency. Clients will analysis
the impact of campaign based on the cost, reach and result. If client is not satisfied
with the proposal they will inform the agency.
Revised negotiation: If clients have any problem with proposal, agency will analysis
the proposal and rewrites the proposal based on the interest of the client. This
proposal is entirely different from the last proposal. Mostly client will like this
proposal. If client don’t like this proposal they will ask the agencies to redo the
proposal.
Final proposal: Proposal which finally put forward to clients by agency, this need to
be more effective and attractive to the client. In most of the cases clients will like first
proposal itself. It will max-to-max go for a review only.
Approved: Proposal or pitch need to get approval from client, then only agencies can
able move forward by starting the creative works or other step.
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Estimate Signed: It’s a contract between client and agency. After getting approval
from client, agency need a contract which showing agency to work behalf of client. It
is also know media estimate. This contract consist of,
Agency name
Start date
Grand Total
Releasing Order (R.O): After making the contract and before starting the
campaigning, agency will make Releasing Order and send to publishers/ Vender.
Google, Yahoo, Time of India ...Etc are the some of the publisher/ vendors. They are
also known as suppliers. Releasing order is also type of contract between agency and
publisher, R.O authenticating publisher to place the ads in their portals. Releasing
order consist of
Agency name
Brand Name
Campaign Name
Supplier Name
Period of Campaign
Clicks expected
Creative: In this step creative team will execute the idea or plans of campaigns in to
final formats of the ads. Ads may be normal banners, Rich Media ads or videos.
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Basically creative if one of heart part of the campaign. Client servicing personal want
to convey the needs of the brand to creative team based on the clients requirements.
Client servicing personal will show the creative work to clients and get approval from
them. If client is not satisfied with the work, agency will redo the creative work and
get approval from them.
Run Campaign: After completing the creative work agency will start running the
campaign to reach audience. For this client servicing personal will send the creative
work to the publishers. They will do the campaign in the behalf of agency.
Compile: After getting all reports from vendors, client servicing personal will
compile these reports and submit to clients. So client also know how many
impression or click they got from running the campaign.
Optimization: If client us not satisfied by the campaign result. Agency will make
changes in the campaign for improving the effectiveness and to achieve objectives.
Change may be improving the content quality, changing the vendor and selecting the
new vendors..etc.
End: End of the Campaign after achieving the objective or time duration, if the client
is interested in going with the campaign agency will do that.
Bills: In this step vendors will submit bills to agency. Agency will compile all the
bills in to one bill and forward to clients. Billing process will be once in a month.
Payment: Payment of bill by client to agency and then to vendor by agency after
deducting the commission and tax. Tax including VAT and service tax.
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6.4) Tools used
1) comScore
comScore is an American Internet analytics company providing marketing data and analytics
to many of the world's largest enterprises, agencies, and publishers. comScore maintains a
group of users who have monitoring software installed on their computers.
Advertising agencies use comScore products to identify the online content that best reaches
their target audiences, to design online media plans that maximize the ROI from advertising
spend and to optimize campaigns’ reach and frequency, all while reaching a desired target
demographic.
Data provided by comScore does not include mobile internet user data and internet cafe user
data, so comScore data is low in size but it’s more relevant.
2) Google Trends
Google Trends is a public web facility of Google Inc., based on Google Search, which shows
how often a particular search-term is entered relative to the total search-volume across
various regions of the world, and in various languages. The horizontal axis of the main graph
represents time, and the vertical is how often a term is searched for relative to the total
number of searches, globally. Below the main graph, popularity is broken down by countries,
regions, cities and language. Marketer can use Google Trend to know from where highest and
low search come from which location for their products.
3) Face dominator
It’s tool using to understand competitors facebook fans and their details. It will help to do
customized campaigns through facebook.
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4) Google Keyword Planner
Keyword Planner is like a workshop for building new Search Network campaigns or
expanding existing ones. Marketer can search for keyword and ad group ideas, see how a list
of keywords might perform, and even create a new keyword list by multiplying several lists
of keywords together. A free AdWords tool, Keyword Planner can also help you choose
competitive bids and budgets to use with your campaigns. Benefits of keyword planner are
given below.
Research keywords: You can search for keyword and ad groups ideas based on terms that
are relevant to your product or service, your landing page, or different product categories.
Get historical statistics and traffic estimates: Use statistics like search volume to help you
decide which keywords to use for a new or existing campaign. Get estimates, like estimated
clicks, to get an idea of how a list of keywords might perform for a given bid and budget.
These estimates can also help guide your decision on which bids and budgets to set.
It's important to keep in mind that while Keyword Planner can provide some great keyword
ideas and traffic estimates, campaign performance depends on a variety of factors. For
example, bids, budget, product, and customer behaviour in the industry can all influence the
success of your campaigns.
5) Alexa.com
Alexa analyzes web usage from traffic data sources including their own Alexa Toolbar users
to eventually create traffic rankings for websites. This essentially determines how popular a
website is. Even though these scores are highly respected in certain circles, the traffic data
isn’t a representative sample of the global internet population, but an extensive variety of
statistics taken from Alexa Toolbar users. Another point to remember is that sites with
relative low traffic will not be accurately ranked by Alexa as it is difficult to ascertain the
correct figure from sites with fewer than 1000 visitors.
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UNDERSTAND THE CONSUMER
BUYING BEHAVIOUR OF INDIANS
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As part of this internship, I have done a research to understand the consumer buying behavior
of Indians in the digital era. First, we can understand consumer buying behavior, Kotler and
Keller defined consumer buying behavior as “the study of the ways of buying and disposing
of goods, services, ideas or experiences of the individuals, groups and organizations in order
to satisfy their needs and wants”.
The main motive behind this research is zero moments of truth (ZMOT) of Google. In 2012
Google done a research to understand the change in consumer buying behavior, for that they
have taken samples from U.S, Canada, Mexico, Argentina, Russia, France, Netherlands,
Australia, Poland, Turkey and Brazil. After the research they arrived at a new concept called
‘ZMOT’, which showing the big change in consumer buying behavior in the digital era.
In past years marketer believed that consumer get ‘two moments’ to understand a brand.
Marketing efforts at that period will try to create stimulus in customers through
advertisements and this stimulus will lead customers toward ‘two moments’. At that period
one model was coined by P&G in 2005 and CEO said "The best brands consistently win two
moments of truth. The first moment occurs at the store shelf, when a consumer decides
whether to buy one brand or another. The second occurs at home, when she uses the brand —
and is delighted, or isn’t."
Stimulus is advertisement. Dad is watching a football game and sees an ad for digital
cameras. He thinks, “That looks good.”
First moment of Truth it will happen in the shopping Shelf. He goes to his favourite
electronics store, where he sees a terrific stand- up display for that same digital camera. The
packaging is great. A young sales guy answers all his questions. He buys the camera.
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Second moment of truth is Experience or Post Purchase behaviour. Dad gets home and
the camera records beautiful pictures of his kids, just as advertised. He becomes loyal to the
brand.
Later in 2012 Google coined a model and named it as ZMOT or Zero Moment of Truth.
Google coined this model through research of 5000 shoppers and asked them a simple
question, how many sources of information you will collect before making a purchase
decision? The survey revealed that the average shopper uses 10.4 sources of information,
ranging from TV commercials and magazine articles, to recommendations from friends and
family, to websites, ratings to blogs. ZMOT model of customer buying behaviour is like this.
Let’s take the pervious example; dad purchased the camera after see television ad. But now,
after seeing an ad dad will open his laptop and make a search or ask in social networking sites
or visit company site or see customer rating before making an action. Then only first moment
of truth and second moment of truth will come. So presence in digital is important for brands,
they need to use this platform to convince customers.
In this ZMOT report Google is advising brands to go for multi-screen marketing. The reason
for this was “77% of viewers use another device while they are watching TV”. So if brands
go for multi- screen it will help to create efficient stimulus in customers.
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This is main motive for doing this research; one more thing is there penetration of internet in
India. I already mentioned about penetration of Internet in India in this report.
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RESEARCH METHODOLOGY
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Primary research is defined as factual, first-hand accounts of the study written by a person
who was part of the study. The methods vary on how researchers run an experiment or study,
but it typically follows the scientific method. One way you can think of primary research is
that it is typically original research.
This research is a secondary research and data is collected from different sources available
on Internet and articles available in magazines and newspapers.
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FINDINGS
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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 will get in to action only through opinion leaders.
Indian consumers have high tendency to go for online purchase. They have high
affinity to go online for electronic products and apparels.
One of the current trends in Indian youth and young Indians are watching the T.V
programs via online portals. May be the main reason is convenience of time, they can
watch programs which they had skipped due to some reasons.
The same thing is happening for the newspaper also, people have more affinity
towards online news portals. Here's the reason may be they can get news updates very
early; they don’t need to wait for daily newspapers.
In both of these cases, one opportunity is lost for marketer and one opportunity is
emerging for them to reach their T.G.
More than 90% of the samples have a mobile or Smartphone and laptops or PC. 96%
of samples have an internet connection is any of these gadgets, this showing the
penetration of internet in India.
If we take tablet, penetration in Indian is low. But it doesn’t mean that no one is using
tabs. More than 30% of samples have tablet. For brands they are getting three more
platforms to reach their T.G and engage them.
33% of the samples are using these gadgets while they are with their friends, so just
think about the reach. If one person noticed something which is cool and awesome
they will surely communicate to others.
25% of the samples are using these gadgets while watching T.V; it’s again a barrier
for brands which use TVC only. 21% of the samples are using this gadget for
chatting and 16% are using for surfing. What they are surfing? It can be about a
product, local events or locations...etc.
In this situation, one opportunity is again losing to brands and one opportunity is
emerging for brands to reach their T.G.
More than 90% of samples are noticing ads, among them 35% of samples noticed ads
through online media, followed by TVC and Newspapers.
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48% of samples are telling they give more importance to online ads and 34 % of
samples give importance to T.V.C.
From the first part of this research itself, we know that customers are highly
information seeker. It may be the reason for high trust in online ads. They can search
for more information after seeing an ad or online is the only two way communication
channel for customers.
22% of the samples do research through their lap or PC before purchasing a product
from the retail shop and 21% do research via mobile.
Most of the Indians prefer to purchase from a retail shop only, but before going to
retail shop they will seek information about the product through an online platform.
Here is actually change happens in consumer buying journey, early times consumer
belief a product only after seeing the product in a retail shop.
But now Indian customers want to get conviction about a product before going to
retail shop. So from a marketers view they want to convince their customers before
going to a retail shop.
Brands want to build a cool presence over digital platforms because the customer will
do research about the product after seeing an ad or after getting stimulated.
Brands are getting more touch points to reach target group in a cost effective manner.
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CONCLUSION
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The successful completion of this internship 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”.
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