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A REPORT
ON
UNDERSTAND THE ECOSYSTEM IN
DIGITAL MEDIA MARKETING
By
ASAMS V.K
Enrollment No. 13BSP1195
ISOBAR INDIA Pvt. Ltd
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A REPORT
ON
UNDERSTAND THE ECOSYSTEM IN
DIGITAL MEDIA MARKETING
By
ASAMS V.K
Enrollment No. 13BSP1195
A report submitted in partial fulfilment of
the requirements of
PGPM Program of IBS Mumbai
ISOBAR INDIA Pvt. Ltd.
Date of Submission: 6 June 2014
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DECLARATION
I, Asams V.K, enrollment no: 13BSP1195, hereby declare that this project work
entitled “Understand the ecosystem in digital media marketing” is my
original work.
I further declare that this report is based on the information collected by me and
has not been submitted to any other university or academic body.
Date: 25 May 2014 Asams V.K
13BSP1195
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ACKNOWLEDGEMENT
I thank to the God Almighty for showering his blessing at each stage of this project work.
I wish to extend my heart fully thanks to Mr. Rahul Vengalil (Company Guide), Director,
Isobar India, Bangalore division for his friendly help and encouragement given to me.
I wish to extend my profound gratitude to Dr. Madhusudhan Zalki, IBS Bangalore for his
guidance and valuable suggestions throughout my internship. I express my sincere thanks to
all faculties of IBS Mumbai & IBS Bangalore for their encouragement to complete the
project work within stipulated time.
I express my sincere thanks to the Mr. Toshal Shenai, Account Manager, Isobar India and
Mr. Manoj E, Assistant Manager, Isobar India for assisting in carry out this internship.
I wish to extend my special gratitude to all team members of Isobar India for supporting me
in carry out this internship.
My hearty thanks to my friends and parents who were always there with support and
encouragement.
Finally, I would like to express my sincere gratitude to all those who have helped me in the
completion of this humble effort.
PLACE:
DATE: ASAMS V.K
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Contents
DECLARATION....................................................................................................................................3
ACKNOWLEDGEMENT ......................................................................................................................4
EXECUTIVE SUMMARY ....................................................................................................................8
1) INTRODUCTION ..........................................................................................................................9
1.1) Digital Media Marketing or Digital Marketing.....................................................................11
1.2) Isobar India ...........................................................................................................................11
1.3) Client Servicing ....................................................................................................................11
1.4) Scope of the Internship .........................................................................................................12
1.5) Methodology.........................................................................................................................12
1.5.1) Client servicing .............................................................................................................12
1.5.2) Understand the consumer buying behaviour of Indians in digital era...........................13
1.6) Limitation of the Internship ..................................................................................................13
2) INDUSTRY ANALYSIS..............................................................................................................14
2.1) Business Model of Industry.......................................................................................................17
2.2) Porter’s Five Model Analysis of Digital Advertising Industry..................................................19
3) ISOBAR INDIA............................................................................................................................21
3.1) Vision ........................................................................................................................................22
3.2) Functions in Isobar ....................................................................................................................22
3.3) Management ..............................................................................................................................23
3.4) Awards.......................................................................................................................................23
3.5) Major Clients.............................................................................................................................24
Global Clients ...............................................................................................................................24
Indian Clients................................................................................................................................24
3.6) Supporting Tools .......................................................................................................................24
3.7) Collaborations in Digital Ecosystem .........................................................................................25
3.8) Financial details of Isobar Bangalore ........................................................................................25
3.9) Competitors ...............................................................................................................................25
3.10) SWOT of Isobar India .............................................................................................................26
4) INDIA & INTERNET POPULATION.........................................................................................28
4.1) Gender Wise ..............................................................................................................................30
4.2) Online Behaviour of Indian Internet Users................................................................................30
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4.3) Mobile Internet Users ................................................................................................................31
4.4) Social Networking.....................................................................................................................32
4.5) Entertainment and Online Video ...............................................................................................33
4.6) Media Consumption of Indian’s................................................................................................34
5) Digital Marketing..........................................................................................................................35
5.1) Digital Ecosystem......................................................................................................................36
5.1.1) Search Engine.....................................................................................................................36
5.1.2) Displays ..............................................................................................................................37
5.1.3) Mobile Marketing...............................................................................................................37
5.1.4) Social Media Marketing .....................................................................................................37
5.1.5) eMail Marketing .................................................................................................................37
5.1.6) Video ..................................................................................................................................37
5.1.7) Analysis ..............................................................................................................................38
5.1.8) Content Management.........................................................................................................38
5.1.9) Advanced Targeting............................................................................................................38
5.1.10) Creative.............................................................................................................................38
5.1.11) Research and Planning......................................................................................................38
5.1.12) Digital Strategy.................................................................................................................38
5.2) Types of Digital Marketing .......................................................................................................39
5.3) AIDMA as AISAS in Digital Era..............................................................................................39
5.4) Advantages of Digital Marketing ..............................................................................................41
5.5) Digital Advertising: Ad Avenues .............................................................................................42
5.6) Some of the Basic Terms in Digital Marketing.........................................................................42
5.7) Types of ads...............................................................................................................................43
5.8) Monetary term in Digital Marketing..........................................................................................44
5.9) Branding in Digital Era..............................................................................................................45
6) CLIENT SERVICING..................................................................................................................48
6.1) Responsibilities of a Client Servicing Executive.......................................................................49
6.2) Attributes of Client Servicing Executive...................................................................................49
6.3) Steps in involved in doing client servicing is given below........................................................50
6.4) Tools used..................................................................................................................................54
1) comScore...............................................................................................................................54
2) Google Trends.......................................................................................................................54
3) Face dominator......................................................................................................................54
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4) Google Keyword Planner......................................................................................................55
5) Alexa.com.............................................................................................................................55
7) UNDERSTAND THE CONSUMER BUYING BEHAVIOUR OF INDIANS ...........................56
7.1) Research methodology ..............................................................................................................60
7.1.1) Topic...................................................................................................................................60
7.1.2) Period of study....................................................................................................................60
7.1.3) Objectives of the study .......................................................................................................60
7.1.4) Scope ..................................................................................................................................60
7.1.5) Universe..............................................................................................................................60
7.1.6) Sample ................................................................................................................................61
7.1.7) Sample size.........................................................................................................................61
7.1.8) Tools...................................................................................................................................61
7.2) Data Analysis and Interpretations..............................................................................................62
8) FINDINGS....................................................................................................................................70
9) CONCLUSION.............................................................................................................................73
10) LEARNING POINTS ...............................................................................................................75
11) APPENDIX...............................................................................................................................78
12) REFERENCES .........................................................................................................................88
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EXECUTIVE SUMMARY
I am Asams V.K (13BSP 1195) of IBS Mumbai a PGPM student. I have done my internship
in Isobar India, one of leading digital agency in world. My internship is in Digital Media
Marketing. 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. For
achieving first three objectives, I have done client servicing in Isobar India. 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 .For achieving the fifth 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 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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1) 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." [1]
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. [2]Types of ad
agencies are
 Full service agencies
 Creative agencies
 Specialized agencies
 In-house agencies
 Digital agencies or new media agencies
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
 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.
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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”. [3]
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.
1.2) Isobar India
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 and Vizeum.Dentsu.
Isobar is a modern communications agency network, made up of a committed and diverse
group of over 3,000 digital pioneers in 37 markets. Established in 2003, Isobar is the global
home for the world’s finest digital pioneers and the smartest traditional marketing talent, that
helps connect brands with their fans and customers by creating irresistible ideas combining
creative, planning, technology and data.
1.3) Client Servicing
Heart part of this project is dealing with client servicing. A client servicing is the face of an
advertising agency. Responsibilities of client servicing include understanding the client’s
needs and expectations. In fact, the advertising process begins with the client servicing
person visiting the potential client for a brief. He then needs to communicate this to his
agency. His job is to hunt for new business and be a bridge between the agency and the client.
Key responsibilities of client servicing are managing internal workflow and developing
strong partnerships with clients. Other responsibilities include liaising with the clients on all
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aspects of marketing communications, briefing agency departments, presenting proposals to
clients, managing advertising spend budget, keeping clients up-to-date on their own and
competitive activity, occasionally negotiating with media on client’s behalf and approaching
prospective clients whose accounts are under review.
1.4) Scope of the Internship
1) To understand the element in digital media
2) To understand the effectiveness of branding through digital media
3) To understand the effort behind fulfilment of brands objective through campaigns
4) To choose appropriate media for communication
5) To maintain relationship with clients
6) To understand the Target Group for different brands
1.5) Methodology
For accomplishing this internship, I used two methodologies. One is working as a client
servicing executive in Isobar India and another one is a research to understanding the
consumer buying behaviour of Indians in digital era using an online questionnaire.
1.5.1) Client servicing
Analysis the industry and digital media for clients, formulating strategies and executing
them based on the objectives of client. This whole process consist of 18 steps,
 Brief: Brief given by the client based on their marketing objective.
 Pitch Presentation: Presentation made by the isobar for client based on the brief,
by analysing industry and digital media. Mostly used for new clients.
 Proposal: Proposal put forward by isobar including campaign objective, target
market, strategy, approaches, estimated cost and outputs.
 Review: Reviewing the proposal of isobar by clients.
 Revised negotiation: If clients have any problem with proposal, isobar will
rewrite the proposal and make negotiation
 Final proposal: Proposal which finally put forward to clients by isobar.
 Approved: Final proposal need to get approval from client, otherwise isobar will
lose client.
 Estimate Signed: It’s a contract between client and isobar.
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 Release Order: Order which submitted to vendors for buying space and placing
ads
 Creative: Executing the idea or plans of campaigns in to final formats like
banner, websites...Etc.
 Run Campaign: Starting the campaign by placing ads banners, videos, facebook
contest, facebook page managing ...Etc.
 Reports: Reports submitted by which vendors to isobar, based on the running
campaigns of clients.
 Compile: After getting all reports from vendors, isobar will compile those reports
for submit to clients
 Optimization: Making changes in the campaign for improving the effectiveness
and to achieve objectives.
 End: End of the Campaign after achieving the objective.
 Review of Campaign: Evaluating campaign based on standard and actual
performance of campaign. It will help to understand what isobar planned and
what actually happened.
 Bills: Bill submitted from vendor to isobar and isobar to client including service
tax and commission
 Payment: Payment of bill by client to isobar and then to vendor by isobar after
deducting the commission and tax.
1.5.2) Understand the consumer buying behaviour of Indians in digital era
To understanding the consumer buying behaviour I did one research using an online
questionnaire. Sample size of the research was 200. Samples for this research are
under Indian youth and young Indians, who come under 17 to 45 year age groups.
1.6) Limitation of the Internship
1) The time span for the project is limited
2) The problems with using paid tools for relevant data, example like ComScore.
3) Time of campaigns for some client is more than three months
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2) 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. [4]
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. [4]
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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. [5]
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. [5]
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. [6] 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. [7]
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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.
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
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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.[9]
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 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.[8] 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. [9]
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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.
1) Threats of New Entry
 Full service agencies have high demand in Market.
 Lack of getting efficient work force is a threat in digital advertising.
 Cost of setting up a digital agency is low. But agencies need to invest a huge
amount in backend function like technology.
 Getting clients in the initial stage is a bit difficult, because clients will usually
look the past experience of agency.
 Government regulations in the digital advertising are low. While comparing with
M&E industry.
2) Bargaining power of suppliers
 Lot of suppliers are there, but some suppliers who have high reach and affinity
will charge high price for placing ads in their portals.
 Real time bidding will lead to increase the demand of some portals.
 Bargaining power of suppliers, who provide data and information are very high.
 Seasonal campaigns put pressure on supply side to charge high.
 Employee or work force with proper knowledge is limited.
3) Bargaining power of buyers
 Buyer are the clients of agencies, basically buyers are high idea seekers.
 Clients will choose agencies which have good experience in industry.
 Clients like long term relationships with agencies, so they also try to adjust with
agencies.
 Clients can ask agencies to change pattern of campaigns at any time.
 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.
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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.
Conclusion of Porter’s Five Force Analysis
 Low threats for new entry.
 High bargaining power of suppliers.
 Bargaining power of buyer is medium, but in coming year there is chance for
increase. Due to lot of players are coming to industry.
 Threats of the substitutes are high, but it will change in coming years.
 Rivalry by existing competitors is high, but possible to break it by doing some unique
campaign for client.
 Indian market is a potential market for digital advertising due to high internet and
mobile penetration.
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3) 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 is a modern communications agency network, made up of a committed and diverse
group of over 3,000 digital pioneers in 37 markets. Established in 2003, Isobar is the global
home for the world’s finest digital pioneers and the smartest traditional marketing talent, that
helps connect brands with their fans and customers by creating irresistible ideas combining
creative, planning, technology and data. Together, Isobar brings people and brands together,
like never before.
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”
3.2) Functions in Isobar
 Media planning: Buying media, planning, and creating strategy for clients, reporting
to clients, coordinating technology with creative and maintaining long term relation
with clients.
 Social Media: Managing pages, giving response to Queries of customers and
Managing Websites. Isobar wears the shoes of clients, and helps them to achieve
objectives.
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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
Rahul Vengali Director Servicing
3.4) Awards
1) Media Abbys by Ad Club Bombay and AAAI
• Best social media Campaign for Reebok
2) Digital Media award by Campaign India
• Best social media Campaign for Reebok
3) E4M IDMA Awards in 4 Categories:
• Best social media Campaign for Reebok
• Best Banner Campaign for adidas
• Best Search Campaign for BMW
• Best Social App for Reebok
4) Best Social Campaign for Reebok India, India Social
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5)YahooBigChairAward
Silver for Best Search Campaign for TATA Winger
6) IAMAI Awards
• Best Search Campaign for BMW
3.5) Major Clients
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
3.6) Supporting Tools
Planning Customer Insight Analytics
eMarketer Double click WebTrends
comScore Astro Google Analytics
ViziSense Mediamind Alexa
Doubleclick ad planner Marin Software OMNITURE
AdRelevance ZEDO mediamind
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3.7) Collaborations in Digital Ecosystem
Ad Networks DSP / Ad Exchange
Admagnet Marmalade
Exponential Amnet
SVG Group
Ozone
3.8) Financial details of Isobar Bangalore
2012
Revenue 30 Lakhs
Profit -16%
2013
Revenue 130 Lakhs
Profit 24%
3.9) Competitors
Blogworks Digivassi Grey Digital Interactive
Avenues
Webchutney
Contract Draftfcb-Ulka Hungama
Digital Services
Maxus Mindshare
Digital Law &
Kenneth
Everest IBS Netcore DDBMudra
Group
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3.10) SWOT of Isobar India
Strengths
 Popular in the Industry, due to the brand image of Aegis Media.
 Strong customers base with long term relationship.
 Efficient employees with chuck of ideas.
 Have sufficient experience in branding with many brands from different industries.
 Strong and supportive backend technology team.
 Holding lots of awards from industry.
 Using proper supporting tools for Planning, Customer Insight and Analytics
Weaknesses
 Number of employees is not sufficient for managing clients.
 Lack of potential employees in market.
 Lack of decision making ability in employees.
 Expansion of business to new geographic locations inside India is slow.
Opportunities
 Growing Internet penetration in India.
 Marketers are changing their communication pattern from traditional to new media.
 Growing mobile users in India.
 Number of players is low in market.
 Digital media consumption of Indians is very high while comparing with traditional
media.
 Development of technology in Digital ecosystem.
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Threats
 Changing economic conditions will affect business.
 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.
 Traditional agencies are now moving to digital also.
 Business risk is very high because business is completely based on client’s business.
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4) 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. [11]
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. [11]
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. [12]
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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%.[13]
Younger males and women aged 35-44 emerge as power users
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. [12]
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.[12]
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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.[14]
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. [12]
Number of Indian user on Social Networking Platform
Facebook- 90 Million Twitter – 30 Million LinkedIn- 18Million
Pinterest – 15 Million Instagram- 2 Million
(Source: exchange4media report, 2014)
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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. [15]
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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. [16]
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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5) Digital Marketing
36
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.
5.1) Digital Ecosystem
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 (SEO/SEM)
•Displays (Banners,Rich media Banners)
•Mobile Marketing
•Social media
•Email
•Video
•Websites
Integrated
Channels
•Analytics
•Content management
•Advanced Targeting
•Creative
•Research + Planning
•Digital strategy
Intergrated
Services
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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.
5.1.3) Mobile Marketing
Mobile marketing is used in reference to any marketing efforts on or with a mobile device. It
involves planning, creating, and implementing a mix of initiatives to bring together sellers
and buyers via mobile devices. Mobile ads, Mobile websites, Apps and Games are some of
examples for mobile marketing.
5.1.4) Social Media Marketing
Social Media refers to any software tool that enables and encourages engagement in
conversation or sharing. Popular forms of social media include Facebook, Twitter, LinkedIn,
YouTube, Pinterest, Google + and blogs. Now all days social media become platform for
marketer to make conversation with customers. Brands are now engaging customers through
social media.
5.1.5) eMail Marketing
eMail Marketing is a type of direct marketing that involves sending personalized, targeted
messages to a specific audience. eMail Marketing is easy to use, low cost, and effective. Most
of the B2B business in present era in following email marketing, but in B2C also email
marketing is productive.
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.
5.1.8) Content Management
After analysis the integrate channels marketer can able to understand the problems with
current contents. Later he can manage the content to increase the engagement rate, content
may be text in banners, images or websites.
5.1.9) Advanced Targeting
Advanced targeting are techniques involving the sending of targeted messages to a specific
audience. It is used to increase the effectiveness of a marketing campaign. Behavioural
targeting is also a part of advanced targeting, here marketer can target the customer based on
their past behaviour in online. Marketer can put ads in other webpage where customer is
going.
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.
5.1.11) Research and Planning
Marketer will do some research to understand the behaviour, taste and preference to
customers in digital platform. This research may be doing by using paid-tools like
ComScore...Etc. Through this research marketer can understanding where T.G is present or
what T.G would to do in online. After research marketer will plan new campaigns based on
those research reports. These campaigns are more effective to reach the T.G properly.
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.
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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. [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.
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]
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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.
Attraction Interest Desire Memory Action
Attraction Interest Search Action Share
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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.
Measurement - With various tools becoming available, tracking effectiveness of ad
campaigns is becoming possible today. In other words, measuring Return of Investment
(ROI) is increasingly possible today. Organizations that were previously reluctant to spend
online, now realize that the online medium does offer means to alleviate any such fears.
Moreover, when properly designed online marketing campaigns generate the desired results,
advertisers are further encouraged to continue advertising online.
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.
5.5) Digital Advertising: Ad Avenues
SEARCH ADVERTISEMENTS: Advertisements made up of text (displayed largely as
sponsored links on search engines) come under this category. These are backed by hyperlinks
that when clicked on, take the potential customer to the advertisers website.
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.
MOBILE ADVERTISEMENTS: Advertisements that are viewed or consumed on mobile
phones or tablets come under this category. These comprise of Mobile Web ads, SMS, MMS,
Mobile Video & TV ads and In-App 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.
EMAIL ADVERTISEMENTS: Advertisements that involve sending across a commercial
message to a group of people using email comprise of this ad type. Emails are used to engage
with existing customers to get repeat business as well as to acquire new customers.
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.
5.6) Some of the Basic Terms in Digital Marketing
 Impression
An impression is a measure of the number of times an ad is seen, whether it is clicked
on or not. Each time an ad displays it is counted as one impression.
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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
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
 Inbound link
Link connecting to your website from a different website.
 Profiling
To build a picture of a target customer based on information from various sources
including customer transactions completed forms and demographic data.
 Unique Visitor
Unique IP address accessing a website.
 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.
5.7) Types of ads
 Above The Fold: Above the fold refer to banners ads which are displayed at the top
of a web page.
 Rich- media: Online ads that contain motion, sounds or video are termed as rich
media ads
 Interstitial Ads: Ads that appears between web pages.
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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.
5.8) Monetary term in Digital Marketing
 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.
 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
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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.[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]
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.
People
EngagementsChannles
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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 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.
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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.
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6) 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.
6.1) Responsibilities of a Client Servicing Executive
 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.
6.2) Attributes of Client Servicing Executive
 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.
6.3) Steps in involved in doing client servicing is given below.
 Brief: Role of an agency will start only after receiving the brief form potential
clients. Potential clients are actually interested to do some communication activities.
They will forward their brief to two or three agencies. Brief will contain details like,
 Name of the brand
 Name of the product
 Objectives of brand
 Background of brand
 Target group of the brand
 Challenges of the brands
 Duration of campaigns
 Desired result
 Budget of the campaign
 Creative requirement
 Pitch Presentation: Presentation made by agency to client based on the brief
forwarded by them. Pitch presentation is like a medicine for the client, this
presentation will give complete idea about market to client and strategies what brand
need to adopts. Client will see the pitch presentation. If client is satisfied with the
pitch, they select that agency for their future communication process. Pitch
presentation while always contain following details.
 Objectives of brand, marketing and communication
 Analysis of industry based on market size, challenges and opportunities. For
these agencies will use research reports of researching agencies.
 Introduction of digital media and India. It includes Internet population of
India, Social media and presence of Indian population..etc.
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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.
 Strategies will complete based on objectives and requirements of brand the
client. Strategies for each client are different.
 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,
 Client name and Brand name
 Agency name
 Start date
 Website / Publisher details where campaigning will do
 Grand Total
 Clicks or leads which expected from campaign
 Commission of the agency, VAT and Service Tax
 Signature of client and Agency
 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
 Total Amount of the campaign
 Term and Condition including procedure of payment
 Signature of the agency and Suppliers
 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.
53
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.
 Reports: Reports submitted by which vendors to agency, based on the running
campaigns of clients. The entire vendor while submit report to agency, client
servicing personal will receive these reports. Reports show how many people clicked
on the ads or total impression obtained.
 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.
 Review of Campaign: Evaluating campaign based on standard and actual
performance of campaign. It will help to understand what isobar planned and what
actually happened. Based on this review agency can able improve the future
campaigns.
 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.
54
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. [20]
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. [21]
With comScore Media Metrix, ad agencies can,
 Understand clients’ online audience and that of their competitors
 Identify the most appropriate sites for advertising campaigns
 Understand where and how budgets can be spent most effectively
 Evaluate advertising strategies, schedules and creative executions
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.
55
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. [22] 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.
56
7) UNDERSTAND THE CONSUMER
BUYING BEHAVIOUR OF INDIANS
57
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”. [23]
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."[24]
Let’s see an example to understand how this model works.
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.
58
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. [25] 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. [25]
59
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.
60
7.1) Research methodology
Research methodology is a way to systematically solve the research problem. It may be under
stood as a science of studying how research is done scientifically. It is a system and in-depth
study for any particular subject. Its purpose is to find out answer to questions through the
application of scientific methods. It involves collection, analysis and interpretation of data. It
deals with the application and utilization of data.
7.1.1) Topic
The selected topic for the research is “Understands the consumer buying behaviour of Indian
in digital era”
7.1.2) Period of study
The study is conducted during the 28th
April 2014 to 6th
May 2014
7.1.3) Objectives of the study
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
7.1.4) Scope
This study is useful for determining the consumer buying behaviour of Indians. It can
able to help brands to reach their target group through appropriate media. It will present an
idea to brands, based on where to invest in achieve their marketing objectives.
7.1.5) Universe
Universe means the total population available for the study. In this study, the universe
constitutes all Indian, who have online presences.
61
7.1.6) Sample
Sample means a representation of the whole universe by a small population. Samples for this
research are under Indian youth and young Indians, who come under 17 to 45 year age groups
and who have online presences.
7.1.7) Sample size
The number of sample units selected from the total population is called sample size. Sample
size selected for this study is 200. Among them 146 are males and 54 are females.
7.1.8) Tools
Tools used for this research is an online questionnaire, which consist of 21 questions.
62
7.2) Data Analysis and Interpretations
1) How do you get information about new Products?
2) Do you Collect information before purchasing the products?
3) What type of information will you collect?
Interpretation for 1 to 3: Samples are highly information seekers, 95 % of the sample will
do reach before purchase. Only 40% of the samples saying they get to know about a product
through advertisements, 30% get to know from friends and 10% from family. 32% of samples
are collecting information about quality of product the and 26% about price and 21% about
customer experience
30%
10%
40%
13%
7%
Friends
Family
Advertisements
News
Other Sources
95%
5%
Yes
No
26%
32%
10%
11%
21%
Price
Quality
Attributes
Quantity
Customer's Experience
63
4) Did you ever purchase from an online site?
5) If yes, then what type of product / services did you purchase online?
Interpretations for 4 and 5: 81% of the sample will make online purchases also; mostly
they purchase electronic products, followed by fashion and travel accessories through online.
6) Do you watch television?
81%
19%
Yes
No
3%
13%
11%
2%
2%
19%
17%
11%
22%
Automotives
Gifts
Sport equipments
Toys
Kichen an home items
Fashion accessories
Travel products
Books
Electronic
93%
7%
YES
NO
64
7) Do you watch television programs through online?
8) Do you read Newspapers?
9) Do you read the News through online?
Interpretation 6 to 9:
93% of the samples are watching T.V. 53% of the samples is watching T.V programs through
online portals. 93% are reading newspapers and 74% are reading news papers through online
portals.
53%
47% Yes
No
93%
7%
YES
NO
74%
26%
YES
No
65
10) Do you have mobile phone or smartphones?
11) Do you have a laptop or PC?
12) Do you have a tablet?
99%
1%
YES
NO
94%
6%
YES
NO
30%
70%
YES
NO
66
13) Do you have an internet connection in any of the above mentioned gadgets?
14) When do you use these gadgets?
15) What you do with these gadgets?
96%
4%
YES
NO
25%
16%
26%
33%
Watching T.V
Office
College
With friends
14%
16%
12%
11%
6%
6%
14%
21%
Games
Surfing
Shopping
News reading
Blogging
E- books
Watch Videos
Chatting
67
Interpretation 10 to 15:
 More than 90% of the sample have can mobile or Smartphone and laptops or PC.
While coming to tablets it is low, but it doesn’t mean no one is using tabs. Still, 30%
of samples have a tablet. 96% of samples have an internet connection is any of these
gadgets, this showing the penetration of internet in India.
 33% of the samples are using these gadgets while they are with their friends. 25% of
the samples are using these gadgets while watching T.V. 42% of samples are using
gadgets in office or college.
 21% use these gadgets for chatting, 16% for surfing and 14% for watch videos &
games.
16) Do you ever notice advertisement?
17) If yes, from where?
97%
3%
YES NO
22%
35%
17%
14%
6%
6%
TV
Online Ads (Banner & Videos)
Newspaper
Magazines
OOH
Radio
68
18) Mention one from of media, which you give more importance?
Interpretation for 16 to 18:
 97% of the samples are seeing ads, among them 35% of samples noticed ads through
online media, 22% on TVC and 17% on Newspapers.
 48% of the samples are saying they have trust in online ads, 34 % are saying they
have trust in T.V.
19) How do you normally purchase a product?
34%
48%
11%
3%
4%
TV
Online
Newspapers
OOH
Radio
21%
22%
10%
6%
11%
4%
7%
19%
Research in mobile and purchase from retail shop
Research in laptop and purchase from retail shop
Research in mobile and purchase from laptop
Research and purchase from mobile
Research and purchase from laptop
Visit the retail shop and purchase from mobile
Visit the retail shop and purchase from laptop
Visit and purchase from retail shop itself
69
20) After purchase, what type of experience will you share with others?
21) How will you share your experience with others?
Interpretation for 19 to 21:
 22% of samples will do research on online and purchase from retail shop, 21% of the
samples will do research in mobile and purchase from retail shop. But 19% of the
samples will purchase directly from a retail shop only.
 67% of the samples will like to express their experience with others; it may be a nice
deal, good experience or bad experience with product.
 37% will share their experience through face to face talk, 32% through social
networking sites and 24% through messaging.
67%
17%
2%
14%
All the above mentioned
Good experience
Bad experience
Nice deal, in terms of price
32%
24%
3%
4%
37%
Social networking sites
Messaging
Write a blog
In company website
Face to face talk
70
8) FINDINGS
71
 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.
 48% of samples are telling they give more importance to online ads and 34 % of
samples give importance to T.V.C.
72
 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.
73
9) CONCLUSION
74
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”.
75
10)LEARNING POINTS
76
 “Marketing takes a day to learn. Unfortunately it takes a lifetime to master” by
Philip kolter
Before leaving from IBS, I believed that I am will become a good marketer because I
know all the concepts which I learned from my classrooms. But from the beginning of
second week itself, I understood, marketing is not about concepts it’s all about the
experience.
 Strategy is not a rock science
After induction my first assignment was to create pitch presentation for amante
lingerie. I start working on my first assignment, but I don’t know how to create
strategy part. I tried my best, but I am completely blank. After two days I went to talk
with my company guide. He told me this “strategy is not a rock science you will take
some time to create an excellent strategy”. But in the last week of my internship, I
accomplished my mission for the 3M Health care & Safety. I made B2B online
strategy for 3M.
 Every day same task, but the situations are different
It’s not only from my experience, but also from my observation. All colleagues are
doing the same type of work, but the situation is different. Sometime they have
problem with a client, but on the next day they problems with vendors or with creative
team. While coming to me, my first month was more concentrated with pitch
presentation. Industry or clients are different or requirements of the client are
different, but contents or the flow of pitch presentations are same.
 “I don’t know” short sentence, but difficult to tell
Agilent is an American company that designs and manufactures electronic and bio-
analytical measurement instruments and equipment for measurement and evaluation.
Once my guide told me make a presentation based on their products, mainly on Gas
chromatography–mass spectrometry (GC & GC/MS Columns). Basically, he wants
details about application and component of this product. This was one of the biggest
77
challenges which I faced in my internship. Because I am a commerce background
student and I don’t understand the technical usage of this product and component used
to manufacture this product. But I can’t refuse to do this because it will affect my
image and mark. I took 3 days to study the whole things, before making the
presentation. Finally, I learned you can’t tell “I don’t know” in your corporate life.
 Observation is the best teacher
There are lots of situations where I am completely blank and I don’t know how to do
some task. In those situations I observed my colleagues to know how they are doing it
and I understood the importance of observation.
 Go and ask for work
In beginning stage of my SIP, I don’t have any work to do or they are not giving. First
week full of induction and in second week, first two days I sat idly. I felt that they will
not give any work and my internship is gone. But in next day I went and ask for work.
From that moment to last day, I enjoyed my internship and learned a lot of stuffs.
 Work life balancing
This is the most important learning for me. This SIP thought me how to balance your
personal responsibility and professional responsibility together and how to enjoy life
even after getting a job. Working in an agency is not an easy task; the person wants to
face a lot of stress and challenges. I am the only person in my office leaving early,
while comparing with others. Because my colleagues have lots of work, sometime
they will leave by late night only. But they are really enjoying all the moments in their
life. They don’t have any difference between professional life and personal life.
78
11) APPENDIX
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing

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Project Report on Digital Media Marketing

  • 1. 1 A REPORT ON UNDERSTAND THE ECOSYSTEM IN DIGITAL MEDIA MARKETING By ASAMS V.K Enrollment No. 13BSP1195 ISOBAR INDIA Pvt. Ltd
  • 2. 2 A REPORT ON UNDERSTAND THE ECOSYSTEM IN DIGITAL MEDIA MARKETING By ASAMS V.K Enrollment No. 13BSP1195 A report submitted in partial fulfilment of the requirements of PGPM Program of IBS Mumbai ISOBAR INDIA Pvt. Ltd. Date of Submission: 6 June 2014
  • 3. 3 DECLARATION I, Asams V.K, enrollment no: 13BSP1195, hereby declare that this project work entitled “Understand the ecosystem in digital media marketing” is my original work. I further declare that this report is based on the information collected by me and has not been submitted to any other university or academic body. Date: 25 May 2014 Asams V.K 13BSP1195
  • 4. 4 ACKNOWLEDGEMENT I thank to the God Almighty for showering his blessing at each stage of this project work. I wish to extend my heart fully thanks to Mr. Rahul Vengalil (Company Guide), Director, Isobar India, Bangalore division for his friendly help and encouragement given to me. I wish to extend my profound gratitude to Dr. Madhusudhan Zalki, IBS Bangalore for his guidance and valuable suggestions throughout my internship. I express my sincere thanks to all faculties of IBS Mumbai & IBS Bangalore for their encouragement to complete the project work within stipulated time. I express my sincere thanks to the Mr. Toshal Shenai, Account Manager, Isobar India and Mr. Manoj E, Assistant Manager, Isobar India for assisting in carry out this internship. I wish to extend my special gratitude to all team members of Isobar India for supporting me in carry out this internship. My hearty thanks to my friends and parents who were always there with support and encouragement. Finally, I would like to express my sincere gratitude to all those who have helped me in the completion of this humble effort. PLACE: DATE: ASAMS V.K
  • 5. 5 Contents DECLARATION....................................................................................................................................3 ACKNOWLEDGEMENT ......................................................................................................................4 EXECUTIVE SUMMARY ....................................................................................................................8 1) INTRODUCTION ..........................................................................................................................9 1.1) Digital Media Marketing or Digital Marketing.....................................................................11 1.2) Isobar India ...........................................................................................................................11 1.3) Client Servicing ....................................................................................................................11 1.4) Scope of the Internship .........................................................................................................12 1.5) Methodology.........................................................................................................................12 1.5.1) Client servicing .............................................................................................................12 1.5.2) Understand the consumer buying behaviour of Indians in digital era...........................13 1.6) Limitation of the Internship ..................................................................................................13 2) INDUSTRY ANALYSIS..............................................................................................................14 2.1) Business Model of Industry.......................................................................................................17 2.2) Porter’s Five Model Analysis of Digital Advertising Industry..................................................19 3) ISOBAR INDIA............................................................................................................................21 3.1) Vision ........................................................................................................................................22 3.2) Functions in Isobar ....................................................................................................................22 3.3) Management ..............................................................................................................................23 3.4) Awards.......................................................................................................................................23 3.5) Major Clients.............................................................................................................................24 Global Clients ...............................................................................................................................24 Indian Clients................................................................................................................................24 3.6) Supporting Tools .......................................................................................................................24 3.7) Collaborations in Digital Ecosystem .........................................................................................25 3.8) Financial details of Isobar Bangalore ........................................................................................25 3.9) Competitors ...............................................................................................................................25 3.10) SWOT of Isobar India .............................................................................................................26 4) INDIA & INTERNET POPULATION.........................................................................................28 4.1) Gender Wise ..............................................................................................................................30 4.2) Online Behaviour of Indian Internet Users................................................................................30
  • 6. 6 4.3) Mobile Internet Users ................................................................................................................31 4.4) Social Networking.....................................................................................................................32 4.5) Entertainment and Online Video ...............................................................................................33 4.6) Media Consumption of Indian’s................................................................................................34 5) Digital Marketing..........................................................................................................................35 5.1) Digital Ecosystem......................................................................................................................36 5.1.1) Search Engine.....................................................................................................................36 5.1.2) Displays ..............................................................................................................................37 5.1.3) Mobile Marketing...............................................................................................................37 5.1.4) Social Media Marketing .....................................................................................................37 5.1.5) eMail Marketing .................................................................................................................37 5.1.6) Video ..................................................................................................................................37 5.1.7) Analysis ..............................................................................................................................38 5.1.8) Content Management.........................................................................................................38 5.1.9) Advanced Targeting............................................................................................................38 5.1.10) Creative.............................................................................................................................38 5.1.11) Research and Planning......................................................................................................38 5.1.12) Digital Strategy.................................................................................................................38 5.2) Types of Digital Marketing .......................................................................................................39 5.3) AIDMA as AISAS in Digital Era..............................................................................................39 5.4) Advantages of Digital Marketing ..............................................................................................41 5.5) Digital Advertising: Ad Avenues .............................................................................................42 5.6) Some of the Basic Terms in Digital Marketing.........................................................................42 5.7) Types of ads...............................................................................................................................43 5.8) Monetary term in Digital Marketing..........................................................................................44 5.9) Branding in Digital Era..............................................................................................................45 6) CLIENT SERVICING..................................................................................................................48 6.1) Responsibilities of a Client Servicing Executive.......................................................................49 6.2) Attributes of Client Servicing Executive...................................................................................49 6.3) Steps in involved in doing client servicing is given below........................................................50 6.4) Tools used..................................................................................................................................54 1) comScore...............................................................................................................................54 2) Google Trends.......................................................................................................................54 3) Face dominator......................................................................................................................54
  • 7. 7 4) Google Keyword Planner......................................................................................................55 5) Alexa.com.............................................................................................................................55 7) UNDERSTAND THE CONSUMER BUYING BEHAVIOUR OF INDIANS ...........................56 7.1) Research methodology ..............................................................................................................60 7.1.1) Topic...................................................................................................................................60 7.1.2) Period of study....................................................................................................................60 7.1.3) Objectives of the study .......................................................................................................60 7.1.4) Scope ..................................................................................................................................60 7.1.5) Universe..............................................................................................................................60 7.1.6) Sample ................................................................................................................................61 7.1.7) Sample size.........................................................................................................................61 7.1.8) Tools...................................................................................................................................61 7.2) Data Analysis and Interpretations..............................................................................................62 8) FINDINGS....................................................................................................................................70 9) CONCLUSION.............................................................................................................................73 10) LEARNING POINTS ...............................................................................................................75 11) APPENDIX...............................................................................................................................78 12) REFERENCES .........................................................................................................................88
  • 8. 8 EXECUTIVE SUMMARY I am Asams V.K (13BSP 1195) of IBS Mumbai a PGPM student. I have done my internship in Isobar India, one of leading digital agency in world. My internship is in Digital Media Marketing. 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. For achieving first three objectives, I have done client servicing in Isobar India. 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 .For achieving the fifth 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 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”
  • 10. 10 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." [1] 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. [2]Types of ad agencies are  Full service agencies  Creative agencies  Specialized agencies  In-house agencies  Digital agencies or new media agencies 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  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.
  • 11. 11 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”. [3] 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. 1.2) Isobar India 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 and Vizeum.Dentsu. Isobar is a modern communications agency network, made up of a committed and diverse group of over 3,000 digital pioneers in 37 markets. Established in 2003, Isobar is the global home for the world’s finest digital pioneers and the smartest traditional marketing talent, that helps connect brands with their fans and customers by creating irresistible ideas combining creative, planning, technology and data. 1.3) Client Servicing Heart part of this project is dealing with client servicing. A client servicing is the face of an advertising agency. Responsibilities of client servicing include understanding the client’s needs and expectations. In fact, the advertising process begins with the client servicing person visiting the potential client for a brief. He then needs to communicate this to his agency. His job is to hunt for new business and be a bridge between the agency and the client. Key responsibilities of client servicing are managing internal workflow and developing strong partnerships with clients. Other responsibilities include liaising with the clients on all
  • 12. 12 aspects of marketing communications, briefing agency departments, presenting proposals to clients, managing advertising spend budget, keeping clients up-to-date on their own and competitive activity, occasionally negotiating with media on client’s behalf and approaching prospective clients whose accounts are under review. 1.4) Scope of the Internship 1) To understand the element in digital media 2) To understand the effectiveness of branding through digital media 3) To understand the effort behind fulfilment of brands objective through campaigns 4) To choose appropriate media for communication 5) To maintain relationship with clients 6) To understand the Target Group for different brands 1.5) Methodology For accomplishing this internship, I used two methodologies. One is working as a client servicing executive in Isobar India and another one is a research to understanding the consumer buying behaviour of Indians in digital era using an online questionnaire. 1.5.1) Client servicing Analysis the industry and digital media for clients, formulating strategies and executing them based on the objectives of client. This whole process consist of 18 steps,  Brief: Brief given by the client based on their marketing objective.  Pitch Presentation: Presentation made by the isobar for client based on the brief, by analysing industry and digital media. Mostly used for new clients.  Proposal: Proposal put forward by isobar including campaign objective, target market, strategy, approaches, estimated cost and outputs.  Review: Reviewing the proposal of isobar by clients.  Revised negotiation: If clients have any problem with proposal, isobar will rewrite the proposal and make negotiation  Final proposal: Proposal which finally put forward to clients by isobar.  Approved: Final proposal need to get approval from client, otherwise isobar will lose client.  Estimate Signed: It’s a contract between client and isobar.
  • 13. 13  Release Order: Order which submitted to vendors for buying space and placing ads  Creative: Executing the idea or plans of campaigns in to final formats like banner, websites...Etc.  Run Campaign: Starting the campaign by placing ads banners, videos, facebook contest, facebook page managing ...Etc.  Reports: Reports submitted by which vendors to isobar, based on the running campaigns of clients.  Compile: After getting all reports from vendors, isobar will compile those reports for submit to clients  Optimization: Making changes in the campaign for improving the effectiveness and to achieve objectives.  End: End of the Campaign after achieving the objective.  Review of Campaign: Evaluating campaign based on standard and actual performance of campaign. It will help to understand what isobar planned and what actually happened.  Bills: Bill submitted from vendor to isobar and isobar to client including service tax and commission  Payment: Payment of bill by client to isobar and then to vendor by isobar after deducting the commission and tax. 1.5.2) Understand the consumer buying behaviour of Indians in digital era To understanding the consumer buying behaviour I did one research using an online questionnaire. Sample size of the research was 200. Samples for this research are under Indian youth and young Indians, who come under 17 to 45 year age groups. 1.6) Limitation of the Internship 1) The time span for the project is limited 2) The problems with using paid tools for relevant data, example like ComScore. 3) Time of campaigns for some client is more than three months
  • 15. 15 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. [4] 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. [4]
  • 16. 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. [5] 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. [5] 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. [6] 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. [7]
  • 17. 17 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. 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
  • 18. 18 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.[9] 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 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.[8] 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. [9]
  • 19. 19 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. 1) Threats of New Entry  Full service agencies have high demand in Market.  Lack of getting efficient work force is a threat in digital advertising.  Cost of setting up a digital agency is low. But agencies need to invest a huge amount in backend function like technology.  Getting clients in the initial stage is a bit difficult, because clients will usually look the past experience of agency.  Government regulations in the digital advertising are low. While comparing with M&E industry. 2) Bargaining power of suppliers  Lot of suppliers are there, but some suppliers who have high reach and affinity will charge high price for placing ads in their portals.  Real time bidding will lead to increase the demand of some portals.  Bargaining power of suppliers, who provide data and information are very high.  Seasonal campaigns put pressure on supply side to charge high.  Employee or work force with proper knowledge is limited. 3) Bargaining power of buyers  Buyer are the clients of agencies, basically buyers are high idea seekers.  Clients will choose agencies which have good experience in industry.  Clients like long term relationships with agencies, so they also try to adjust with agencies.  Clients can ask agencies to change pattern of campaigns at any time.  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.
  • 20. 20 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. Conclusion of Porter’s Five Force Analysis  Low threats for new entry.  High bargaining power of suppliers.  Bargaining power of buyer is medium, but in coming year there is chance for increase. Due to lot of players are coming to industry.  Threats of the substitutes are high, but it will change in coming years.  Rivalry by existing competitors is high, but possible to break it by doing some unique campaign for client.  Indian market is a potential market for digital advertising due to high internet and mobile penetration.
  • 22. 22 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 is a modern communications agency network, made up of a committed and diverse group of over 3,000 digital pioneers in 37 markets. Established in 2003, Isobar is the global home for the world’s finest digital pioneers and the smartest traditional marketing talent, that helps connect brands with their fans and customers by creating irresistible ideas combining creative, planning, technology and data. Together, Isobar brings people and brands together, like never before. 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” 3.2) Functions in Isobar  Media planning: Buying media, planning, and creating strategy for clients, reporting to clients, coordinating technology with creative and maintaining long term relation with clients.  Social Media: Managing pages, giving response to Queries of customers and Managing Websites. Isobar wears the shoes of clients, and helps them to achieve objectives.
  • 23. 23  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 Rahul Vengali Director Servicing 3.4) Awards 1) Media Abbys by Ad Club Bombay and AAAI • Best social media Campaign for Reebok 2) Digital Media award by Campaign India • Best social media Campaign for Reebok 3) E4M IDMA Awards in 4 Categories: • Best social media Campaign for Reebok • Best Banner Campaign for adidas • Best Search Campaign for BMW • Best Social App for Reebok 4) Best Social Campaign for Reebok India, India Social
  • 24. 24 5)YahooBigChairAward Silver for Best Search Campaign for TATA Winger 6) IAMAI Awards • Best Search Campaign for BMW 3.5) Major Clients 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 3.6) Supporting Tools Planning Customer Insight Analytics eMarketer Double click WebTrends comScore Astro Google Analytics ViziSense Mediamind Alexa Doubleclick ad planner Marin Software OMNITURE AdRelevance ZEDO mediamind
  • 25. 25 3.7) Collaborations in Digital Ecosystem Ad Networks DSP / Ad Exchange Admagnet Marmalade Exponential Amnet SVG Group Ozone 3.8) Financial details of Isobar Bangalore 2012 Revenue 30 Lakhs Profit -16% 2013 Revenue 130 Lakhs Profit 24% 3.9) Competitors Blogworks Digivassi Grey Digital Interactive Avenues Webchutney Contract Draftfcb-Ulka Hungama Digital Services Maxus Mindshare Digital Law & Kenneth Everest IBS Netcore DDBMudra Group
  • 26. 26 3.10) SWOT of Isobar India Strengths  Popular in the Industry, due to the brand image of Aegis Media.  Strong customers base with long term relationship.  Efficient employees with chuck of ideas.  Have sufficient experience in branding with many brands from different industries.  Strong and supportive backend technology team.  Holding lots of awards from industry.  Using proper supporting tools for Planning, Customer Insight and Analytics Weaknesses  Number of employees is not sufficient for managing clients.  Lack of potential employees in market.  Lack of decision making ability in employees.  Expansion of business to new geographic locations inside India is slow. Opportunities  Growing Internet penetration in India.  Marketers are changing their communication pattern from traditional to new media.  Growing mobile users in India.  Number of players is low in market.  Digital media consumption of Indians is very high while comparing with traditional media.  Development of technology in Digital ecosystem.
  • 27. 27 Threats  Changing economic conditions will affect business.  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.  Traditional agencies are now moving to digital also.  Business risk is very high because business is completely based on client’s business.
  • 28. 28 4) INDIA & INTERNET POPULATION
  • 29. 29 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. [11] 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. [11] 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. [12]
  • 30. 30 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%.[13] Younger males and women aged 35-44 emerge as power users 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. [12] 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.[12]
  • 31. 31 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.[14] 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.
  • 32. 32 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. [12] Number of Indian user on Social Networking Platform Facebook- 90 Million Twitter – 30 Million LinkedIn- 18Million Pinterest – 15 Million Instagram- 2 Million (Source: exchange4media report, 2014)
  • 33. 33 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. [15]
  • 34. 34 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. [16] 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.
  • 36. 36 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. 5.1) Digital Ecosystem 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 (SEO/SEM) •Displays (Banners,Rich media Banners) •Mobile Marketing •Social media •Email •Video •Websites Integrated Channels •Analytics •Content management •Advanced Targeting •Creative •Research + Planning •Digital strategy Intergrated Services
  • 37. 37 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. 5.1.3) Mobile Marketing Mobile marketing is used in reference to any marketing efforts on or with a mobile device. It involves planning, creating, and implementing a mix of initiatives to bring together sellers and buyers via mobile devices. Mobile ads, Mobile websites, Apps and Games are some of examples for mobile marketing. 5.1.4) Social Media Marketing Social Media refers to any software tool that enables and encourages engagement in conversation or sharing. Popular forms of social media include Facebook, Twitter, LinkedIn, YouTube, Pinterest, Google + and blogs. Now all days social media become platform for marketer to make conversation with customers. Brands are now engaging customers through social media. 5.1.5) eMail Marketing eMail Marketing is a type of direct marketing that involves sending personalized, targeted messages to a specific audience. eMail Marketing is easy to use, low cost, and effective. Most of the B2B business in present era in following email marketing, but in B2C also email marketing is productive. 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.
  • 38. 38 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. 5.1.8) Content Management After analysis the integrate channels marketer can able to understand the problems with current contents. Later he can manage the content to increase the engagement rate, content may be text in banners, images or websites. 5.1.9) Advanced Targeting Advanced targeting are techniques involving the sending of targeted messages to a specific audience. It is used to increase the effectiveness of a marketing campaign. Behavioural targeting is also a part of advanced targeting, here marketer can target the customer based on their past behaviour in online. Marketer can put ads in other webpage where customer is going. 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. 5.1.11) Research and Planning Marketer will do some research to understand the behaviour, taste and preference to customers in digital platform. This research may be doing by using paid-tools like ComScore...Etc. Through this research marketer can understanding where T.G is present or what T.G would to do in online. After research marketer will plan new campaigns based on those research reports. These campaigns are more effective to reach the T.G properly. 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.
  • 39. 39 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. [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. 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]
  • 40. 40 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. Attraction Interest Desire Memory Action Attraction Interest Search Action Share
  • 41. 41 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. Measurement - With various tools becoming available, tracking effectiveness of ad campaigns is becoming possible today. In other words, measuring Return of Investment (ROI) is increasingly possible today. Organizations that were previously reluctant to spend online, now realize that the online medium does offer means to alleviate any such fears. Moreover, when properly designed online marketing campaigns generate the desired results, advertisers are further encouraged to continue advertising online. 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.
  • 42. 42 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. 5.5) Digital Advertising: Ad Avenues SEARCH ADVERTISEMENTS: Advertisements made up of text (displayed largely as sponsored links on search engines) come under this category. These are backed by hyperlinks that when clicked on, take the potential customer to the advertisers website. 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. MOBILE ADVERTISEMENTS: Advertisements that are viewed or consumed on mobile phones or tablets come under this category. These comprise of Mobile Web ads, SMS, MMS, Mobile Video & TV ads and In-App 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. EMAIL ADVERTISEMENTS: Advertisements that involve sending across a commercial message to a group of people using email comprise of this ad type. Emails are used to engage with existing customers to get repeat business as well as to acquire new customers. 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. 5.6) Some of the Basic Terms in Digital Marketing  Impression An impression is a measure of the number of times an ad is seen, whether it is clicked on or not. Each time an ad displays it is counted as one impression.
  • 43. 43  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 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  Inbound link Link connecting to your website from a different website.  Profiling To build a picture of a target customer based on information from various sources including customer transactions completed forms and demographic data.  Unique Visitor Unique IP address accessing a website.  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. 5.7) Types of ads  Above The Fold: Above the fold refer to banners ads which are displayed at the top of a web page.  Rich- media: Online ads that contain motion, sounds or video are termed as rich media ads  Interstitial Ads: Ads that appears between web pages.
  • 44. 44  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. 5.8) Monetary term in Digital Marketing  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.  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
  • 45. 45 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.[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] 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. People EngagementsChannles
  • 46. 46 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 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.
  • 47. 47 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.
  • 49. 49 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. 6.1) Responsibilities of a Client Servicing Executive  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. 6.2) Attributes of Client Servicing Executive  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,
  • 50. 50 receiving creative changes from clients, relaying those changes to creative staff and supervising the account’s finances. 6.3) Steps in involved in doing client servicing is given below.  Brief: Role of an agency will start only after receiving the brief form potential clients. Potential clients are actually interested to do some communication activities. They will forward their brief to two or three agencies. Brief will contain details like,  Name of the brand  Name of the product  Objectives of brand  Background of brand  Target group of the brand  Challenges of the brands  Duration of campaigns  Desired result  Budget of the campaign  Creative requirement  Pitch Presentation: Presentation made by agency to client based on the brief forwarded by them. Pitch presentation is like a medicine for the client, this presentation will give complete idea about market to client and strategies what brand need to adopts. Client will see the pitch presentation. If client is satisfied with the pitch, they select that agency for their future communication process. Pitch presentation while always contain following details.  Objectives of brand, marketing and communication  Analysis of industry based on market size, challenges and opportunities. For these agencies will use research reports of researching agencies.  Introduction of digital media and India. It includes Internet population of India, Social media and presence of Indian population..etc.
  • 51. 51  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.  Strategies will complete based on objectives and requirements of brand the client. Strategies for each client are different.  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.
  • 52. 52  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,  Client name and Brand name  Agency name  Start date  Website / Publisher details where campaigning will do  Grand Total  Clicks or leads which expected from campaign  Commission of the agency, VAT and Service Tax  Signature of client and Agency  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  Total Amount of the campaign  Term and Condition including procedure of payment  Signature of the agency and Suppliers  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.
  • 53. 53 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.  Reports: Reports submitted by which vendors to agency, based on the running campaigns of clients. The entire vendor while submit report to agency, client servicing personal will receive these reports. Reports show how many people clicked on the ads or total impression obtained.  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.  Review of Campaign: Evaluating campaign based on standard and actual performance of campaign. It will help to understand what isobar planned and what actually happened. Based on this review agency can able improve the future campaigns.  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.
  • 54. 54 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. [20] 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. [21] With comScore Media Metrix, ad agencies can,  Understand clients’ online audience and that of their competitors  Identify the most appropriate sites for advertising campaigns  Understand where and how budgets can be spent most effectively  Evaluate advertising strategies, schedules and creative executions 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.
  • 55. 55 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. [22] 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.
  • 56. 56 7) UNDERSTAND THE CONSUMER BUYING BEHAVIOUR OF INDIANS
  • 57. 57 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”. [23] 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."[24] Let’s see an example to understand how this model works. 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.
  • 58. 58 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. [25] 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. [25]
  • 59. 59 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.
  • 60. 60 7.1) Research methodology Research methodology is a way to systematically solve the research problem. It may be under stood as a science of studying how research is done scientifically. It is a system and in-depth study for any particular subject. Its purpose is to find out answer to questions through the application of scientific methods. It involves collection, analysis and interpretation of data. It deals with the application and utilization of data. 7.1.1) Topic The selected topic for the research is “Understands the consumer buying behaviour of Indian in digital era” 7.1.2) Period of study The study is conducted during the 28th April 2014 to 6th May 2014 7.1.3) Objectives of the study 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 7.1.4) Scope This study is useful for determining the consumer buying behaviour of Indians. It can able to help brands to reach their target group through appropriate media. It will present an idea to brands, based on where to invest in achieve their marketing objectives. 7.1.5) Universe Universe means the total population available for the study. In this study, the universe constitutes all Indian, who have online presences.
  • 61. 61 7.1.6) Sample Sample means a representation of the whole universe by a small population. Samples for this research are under Indian youth and young Indians, who come under 17 to 45 year age groups and who have online presences. 7.1.7) Sample size The number of sample units selected from the total population is called sample size. Sample size selected for this study is 200. Among them 146 are males and 54 are females. 7.1.8) Tools Tools used for this research is an online questionnaire, which consist of 21 questions.
  • 62. 62 7.2) Data Analysis and Interpretations 1) How do you get information about new Products? 2) Do you Collect information before purchasing the products? 3) What type of information will you collect? Interpretation for 1 to 3: Samples are highly information seekers, 95 % of the sample will do reach before purchase. Only 40% of the samples saying they get to know about a product through advertisements, 30% get to know from friends and 10% from family. 32% of samples are collecting information about quality of product the and 26% about price and 21% about customer experience 30% 10% 40% 13% 7% Friends Family Advertisements News Other Sources 95% 5% Yes No 26% 32% 10% 11% 21% Price Quality Attributes Quantity Customer's Experience
  • 63. 63 4) Did you ever purchase from an online site? 5) If yes, then what type of product / services did you purchase online? Interpretations for 4 and 5: 81% of the sample will make online purchases also; mostly they purchase electronic products, followed by fashion and travel accessories through online. 6) Do you watch television? 81% 19% Yes No 3% 13% 11% 2% 2% 19% 17% 11% 22% Automotives Gifts Sport equipments Toys Kichen an home items Fashion accessories Travel products Books Electronic 93% 7% YES NO
  • 64. 64 7) Do you watch television programs through online? 8) Do you read Newspapers? 9) Do you read the News through online? Interpretation 6 to 9: 93% of the samples are watching T.V. 53% of the samples is watching T.V programs through online portals. 93% are reading newspapers and 74% are reading news papers through online portals. 53% 47% Yes No 93% 7% YES NO 74% 26% YES No
  • 65. 65 10) Do you have mobile phone or smartphones? 11) Do you have a laptop or PC? 12) Do you have a tablet? 99% 1% YES NO 94% 6% YES NO 30% 70% YES NO
  • 66. 66 13) Do you have an internet connection in any of the above mentioned gadgets? 14) When do you use these gadgets? 15) What you do with these gadgets? 96% 4% YES NO 25% 16% 26% 33% Watching T.V Office College With friends 14% 16% 12% 11% 6% 6% 14% 21% Games Surfing Shopping News reading Blogging E- books Watch Videos Chatting
  • 67. 67 Interpretation 10 to 15:  More than 90% of the sample have can mobile or Smartphone and laptops or PC. While coming to tablets it is low, but it doesn’t mean no one is using tabs. Still, 30% of samples have a tablet. 96% of samples have an internet connection is any of these gadgets, this showing the penetration of internet in India.  33% of the samples are using these gadgets while they are with their friends. 25% of the samples are using these gadgets while watching T.V. 42% of samples are using gadgets in office or college.  21% use these gadgets for chatting, 16% for surfing and 14% for watch videos & games. 16) Do you ever notice advertisement? 17) If yes, from where? 97% 3% YES NO 22% 35% 17% 14% 6% 6% TV Online Ads (Banner & Videos) Newspaper Magazines OOH Radio
  • 68. 68 18) Mention one from of media, which you give more importance? Interpretation for 16 to 18:  97% of the samples are seeing ads, among them 35% of samples noticed ads through online media, 22% on TVC and 17% on Newspapers.  48% of the samples are saying they have trust in online ads, 34 % are saying they have trust in T.V. 19) How do you normally purchase a product? 34% 48% 11% 3% 4% TV Online Newspapers OOH Radio 21% 22% 10% 6% 11% 4% 7% 19% Research in mobile and purchase from retail shop Research in laptop and purchase from retail shop Research in mobile and purchase from laptop Research and purchase from mobile Research and purchase from laptop Visit the retail shop and purchase from mobile Visit the retail shop and purchase from laptop Visit and purchase from retail shop itself
  • 69. 69 20) After purchase, what type of experience will you share with others? 21) How will you share your experience with others? Interpretation for 19 to 21:  22% of samples will do research on online and purchase from retail shop, 21% of the samples will do research in mobile and purchase from retail shop. But 19% of the samples will purchase directly from a retail shop only.  67% of the samples will like to express their experience with others; it may be a nice deal, good experience or bad experience with product.  37% will share their experience through face to face talk, 32% through social networking sites and 24% through messaging. 67% 17% 2% 14% All the above mentioned Good experience Bad experience Nice deal, in terms of price 32% 24% 3% 4% 37% Social networking sites Messaging Write a blog In company website Face to face talk
  • 71. 71  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.  48% of samples are telling they give more importance to online ads and 34 % of samples give importance to T.V.C.
  • 72. 72  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.
  • 74. 74 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”.
  • 76. 76  “Marketing takes a day to learn. Unfortunately it takes a lifetime to master” by Philip kolter Before leaving from IBS, I believed that I am will become a good marketer because I know all the concepts which I learned from my classrooms. But from the beginning of second week itself, I understood, marketing is not about concepts it’s all about the experience.  Strategy is not a rock science After induction my first assignment was to create pitch presentation for amante lingerie. I start working on my first assignment, but I don’t know how to create strategy part. I tried my best, but I am completely blank. After two days I went to talk with my company guide. He told me this “strategy is not a rock science you will take some time to create an excellent strategy”. But in the last week of my internship, I accomplished my mission for the 3M Health care & Safety. I made B2B online strategy for 3M.  Every day same task, but the situations are different It’s not only from my experience, but also from my observation. All colleagues are doing the same type of work, but the situation is different. Sometime they have problem with a client, but on the next day they problems with vendors or with creative team. While coming to me, my first month was more concentrated with pitch presentation. Industry or clients are different or requirements of the client are different, but contents or the flow of pitch presentations are same.  “I don’t know” short sentence, but difficult to tell Agilent is an American company that designs and manufactures electronic and bio- analytical measurement instruments and equipment for measurement and evaluation. Once my guide told me make a presentation based on their products, mainly on Gas chromatography–mass spectrometry (GC & GC/MS Columns). Basically, he wants details about application and component of this product. This was one of the biggest
  • 77. 77 challenges which I faced in my internship. Because I am a commerce background student and I don’t understand the technical usage of this product and component used to manufacture this product. But I can’t refuse to do this because it will affect my image and mark. I took 3 days to study the whole things, before making the presentation. Finally, I learned you can’t tell “I don’t know” in your corporate life.  Observation is the best teacher There are lots of situations where I am completely blank and I don’t know how to do some task. In those situations I observed my colleagues to know how they are doing it and I understood the importance of observation.  Go and ask for work In beginning stage of my SIP, I don’t have any work to do or they are not giving. First week full of induction and in second week, first two days I sat idly. I felt that they will not give any work and my internship is gone. But in next day I went and ask for work. From that moment to last day, I enjoyed my internship and learned a lot of stuffs.  Work life balancing This is the most important learning for me. This SIP thought me how to balance your personal responsibility and professional responsibility together and how to enjoy life even after getting a job. Working in an agency is not an easy task; the person wants to face a lot of stress and challenges. I am the only person in my office leaving early, while comparing with others. Because my colleagues have lots of work, sometime they will leave by late night only. But they are really enjoying all the moments in their life. They don’t have any difference between professional life and personal life.