SlideShare a Scribd company logo
1 of 49
This internship has served as
the first step towards my
journey of achieving my
aim.......
And guess what this was the
best step I could have taken!!!!
By:
Kartik Singla
Indian Institute of Technology(BHU), Varanasi
The presentation tips highlighted by
Jesse Desjardins, Garr
Reynolds and Nancy Duarte
served as the benchmark for creating
every presentation in a more
presentable manner!!
“ Usually Power point kills”
5 design mistakes that
should be avoided at any
cost!!!!
Too much info in
one slide
1.Mistake
Not enough visual content /
Lack of pictures
2.Mistake
Poor design quality
3.Mistake
Visual Vomit
4.Mistake
Lack of Preparation
5.Mistake
Prepare Design Deliver
“Mesmerizing your audience by
storytelling is the best way to
present!!!”
Analysis of the HBR Article:
“What marketers
misunderstand about online
reviews?”
What Marketers Misunderstand
About Online Reviews?
With the growing
availability of
opinions from
experts and
users, the
importance of a
brand
name had
diminished.
• Buyers depended
on marketing
concepts
provided by the
company.
Past
• Buyers now rely
on online
customer reviews
and social media
before a purchase.
Present
“Companies need to dramatically shift
their marketing strategies to account
for the rising power exerted on future
customers by the opinions of existing
customers.”
There are two tools to help
managers decide their tactics:
The Influence mix
The O Continuum
Influence
Mix
Prior
experiences
(P)
Information
from marketers
(M)
Input
from other
people (O)
O Continuum
Refers to
“ On understanding
the dependence of
consumers on
‘O Continuum’,
companies can
make
strategic changes
in various streams”
Companies in O-dependent markets can improve
their previously established
“Competitive Position” because
of the new reviews coming up on every product.
Instead of celebrity endorsements, companies
should focus on generating user reviews and
“Communication”
of authentic content on internet retail.
“Market research”
usually aims to predict the
kinds of products consumers will like by systematic
tracking of information from review sites.
Companies should analyze different
“Consumer and product
segments”
and tailor their marketing strategies accordingly.
CONCERN OF THE
MARKETERS
Are online reviews genuine without
any manipulation
and fraud???
“These review websites have become
increasingly sophisticated in filtering
out fake reviews”
“ These ideas have been
implemented by certain
companies and campaigns
in India as well!!!”
Online Shopping giant “FLIPKART”
grew into a 5000 crore venture by
analyzing the requirement and reviews
from its customers!!
Social media played a huge role in
AAP’s success in both the 2013 and
2015 assembly elections in Delhi.
“Reviews as a source of earning”
ANUPAMA
CHOPRA
(FILM
CRITIC)
KESHAV MALIK
(ART CRITIC)
Many review websites such as
realreviews.in and onlinereviewpal.com
have come up in India exclusively with
the customer reviews in every field.
“A Case Study on Bangalore-
based Real Estate Company
(Bangalore Realty Limited- BRL).”
This case studied effects of online
reviews on intentions of existing and
potential customers with regard to
“Bangalore Realty Limited- BRL.”,
which included 221 online reviews and
interviews from 25 customers!
Help customers for making decisions about
‘continuance’ or ‘withdrawal’ or ‘staying away’
from the projects of BRL.
Online reviews
Help BRL itself by monitoring and responding to
such reviews through setting up of appropriate
customer complaints handling system.
Online reviews
S.No Website Code Date of
First Post
Date of
Last Post
Date
accessed
No. of
reviews
1 www.indianpropert
yforum.com
I 04 Apr
2011
10 Oct
2013
16 Apr
2014
94
2 www.feedbackertea
m.com
II 28 Apr
2011
17 Aug
2011
17 Aug
2014
30
3 www.indianrealesta
teforum.com
III Apr 2010 Jan 2014 16 Aug
2014
28
4 www.complaintsbo
ard.com
IV 13 Feb
2012
30 Jul
2014
17 Aug
2014
25
5 www.consumerco
mplaints.in
V 24 Mar
2011
28 Jun
2014
16 Aug
2014
21
6 www.socialhectare.
com
VI 13 Nov
2013
11 Aug
2014
20 Aug
2014
15
7 www.mouthshut.co
m
VII 29 Oct
2012
17 Aug
2014
20 Aug
2014
05
8 www.housingscam.
com
VIII 25 Jun
2014
25 Jun
2014
17 Aug
2014
03
Total 221
List of Websites in which user-generated online reviews
about BRL appeared
Ten customers who invested in 2010-2011
were highly satisfied with BRL as they got the
sites as per promised schedule. Three of them
wrote positive reviews online, while seven
gave feedback to the company. This positive
‘Word of Mouth’ had promotional effect on
potential customers.
Customers who
gave negative
feedback did not
bother to look at
online reviews
before investing in
BRL. Negative
reviews reduced
potential customers
and existing
customers started to
withdraw from
projects.
“The message is loud
and clear :
Ignore the online
reviews at your
own peril”
Some
concepts from
“Kotler”
related to the
article.....
The selection of communication channel
is very important to carry the message
of the company forward efficiently.
Communication
channel
Personal Non-personal
Personal communication channels directly
relate to the importance of online reviews,
wherein positive reviews can help increase
brand value on online portals!!
Organising
online forums and
communities
(Social media)
can provide companies
with useful, hard-to-get
customer insights!
Kodak has found that peer-to-peer
recommendations and reviews within the
‘Idea Center at Kodak Gallery’ has
led to more frequent purchases.
Bloggers who
review products
have become
an important
concern because
they may have
thousands
of followers
influenced by
their
perception!
Online reviews play an important role in
“Post purchase Actions”
of a customer, making the customer feel
delighted or disappointed from the
purchase!!
Willcome to those companies
which closely track the sources their
customers refer to during purchase and
find the best marketing tools to control
them!!
“These slides were prepared by
‘Kartik Singla’
as a part of an internship done under
‘Prof. Sameer Mathur’
(www.IIMInternship.com).”
Disclaimer

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Final assignment

  • 1.
  • 2. This internship has served as the first step towards my journey of achieving my aim....... And guess what this was the best step I could have taken!!!! By: Kartik Singla Indian Institute of Technology(BHU), Varanasi
  • 3. The presentation tips highlighted by Jesse Desjardins, Garr Reynolds and Nancy Duarte served as the benchmark for creating every presentation in a more presentable manner!!
  • 4. “ Usually Power point kills”
  • 5. 5 design mistakes that should be avoided at any cost!!!!
  • 6. Too much info in one slide 1.Mistake
  • 7. Not enough visual content / Lack of pictures 2.Mistake
  • 12. “Mesmerizing your audience by storytelling is the best way to present!!!”
  • 13. Analysis of the HBR Article: “What marketers misunderstand about online reviews?”
  • 14. What Marketers Misunderstand About Online Reviews? With the growing availability of opinions from experts and users, the importance of a brand name had diminished.
  • 15. • Buyers depended on marketing concepts provided by the company. Past • Buyers now rely on online customer reviews and social media before a purchase. Present
  • 16. “Companies need to dramatically shift their marketing strategies to account for the rising power exerted on future customers by the opinions of existing customers.”
  • 17. There are two tools to help managers decide their tactics: The Influence mix The O Continuum
  • 20. “ On understanding the dependence of consumers on ‘O Continuum’, companies can make strategic changes in various streams”
  • 21. Companies in O-dependent markets can improve their previously established “Competitive Position” because of the new reviews coming up on every product.
  • 22. Instead of celebrity endorsements, companies should focus on generating user reviews and “Communication” of authentic content on internet retail.
  • 23. “Market research” usually aims to predict the kinds of products consumers will like by systematic tracking of information from review sites.
  • 24. Companies should analyze different “Consumer and product segments” and tailor their marketing strategies accordingly.
  • 25. CONCERN OF THE MARKETERS Are online reviews genuine without any manipulation and fraud???
  • 26. “These review websites have become increasingly sophisticated in filtering out fake reviews”
  • 27. “ These ideas have been implemented by certain companies and campaigns in India as well!!!”
  • 28. Online Shopping giant “FLIPKART” grew into a 5000 crore venture by analyzing the requirement and reviews from its customers!!
  • 29. Social media played a huge role in AAP’s success in both the 2013 and 2015 assembly elections in Delhi.
  • 30. “Reviews as a source of earning” ANUPAMA CHOPRA (FILM CRITIC) KESHAV MALIK (ART CRITIC)
  • 31. Many review websites such as realreviews.in and onlinereviewpal.com have come up in India exclusively with the customer reviews in every field.
  • 32. “A Case Study on Bangalore- based Real Estate Company (Bangalore Realty Limited- BRL).”
  • 33. This case studied effects of online reviews on intentions of existing and potential customers with regard to “Bangalore Realty Limited- BRL.”, which included 221 online reviews and interviews from 25 customers!
  • 34. Help customers for making decisions about ‘continuance’ or ‘withdrawal’ or ‘staying away’ from the projects of BRL. Online reviews
  • 35. Help BRL itself by monitoring and responding to such reviews through setting up of appropriate customer complaints handling system. Online reviews
  • 36. S.No Website Code Date of First Post Date of Last Post Date accessed No. of reviews 1 www.indianpropert yforum.com I 04 Apr 2011 10 Oct 2013 16 Apr 2014 94 2 www.feedbackertea m.com II 28 Apr 2011 17 Aug 2011 17 Aug 2014 30 3 www.indianrealesta teforum.com III Apr 2010 Jan 2014 16 Aug 2014 28 4 www.complaintsbo ard.com IV 13 Feb 2012 30 Jul 2014 17 Aug 2014 25 5 www.consumerco mplaints.in V 24 Mar 2011 28 Jun 2014 16 Aug 2014 21 6 www.socialhectare. com VI 13 Nov 2013 11 Aug 2014 20 Aug 2014 15 7 www.mouthshut.co m VII 29 Oct 2012 17 Aug 2014 20 Aug 2014 05 8 www.housingscam. com VIII 25 Jun 2014 25 Jun 2014 17 Aug 2014 03 Total 221 List of Websites in which user-generated online reviews about BRL appeared
  • 37. Ten customers who invested in 2010-2011 were highly satisfied with BRL as they got the sites as per promised schedule. Three of them wrote positive reviews online, while seven gave feedback to the company. This positive ‘Word of Mouth’ had promotional effect on potential customers.
  • 38. Customers who gave negative feedback did not bother to look at online reviews before investing in BRL. Negative reviews reduced potential customers and existing customers started to withdraw from projects.
  • 39. “The message is loud and clear : Ignore the online reviews at your own peril”
  • 41. The selection of communication channel is very important to carry the message of the company forward efficiently.
  • 43. Personal communication channels directly relate to the importance of online reviews, wherein positive reviews can help increase brand value on online portals!!
  • 44. Organising online forums and communities (Social media) can provide companies with useful, hard-to-get customer insights!
  • 45. Kodak has found that peer-to-peer recommendations and reviews within the ‘Idea Center at Kodak Gallery’ has led to more frequent purchases.
  • 46. Bloggers who review products have become an important concern because they may have thousands of followers influenced by their perception!
  • 47. Online reviews play an important role in “Post purchase Actions” of a customer, making the customer feel delighted or disappointed from the purchase!!
  • 48. Willcome to those companies which closely track the sources their customers refer to during purchase and find the best marketing tools to control them!!
  • 49. “These slides were prepared by ‘Kartik Singla’ as a part of an internship done under ‘Prof. Sameer Mathur’ (www.IIMInternship.com).” Disclaimer