Shubham Project Dissertation
Shubham Project Dissertation
ON
SUBMITTED BY-
Associate professor
Department of Management
Management Education and Research Institute (MERI)
Affiliated with
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DECLARATION
I Shubham Verma hereby state that this report has been submitted to Management
Education & Research Institute in partial fulfilment of the Requirement for Masters of
Business Administration on the topic “A study on digital marketing and its impact on revenue generation"
I have followed all the guideline provided by the University in writing the report. And I assert
That the work contained in this report is original and has been done by me under the
PLACE:NEW DELHI
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ACKNOWLEDGEMENT
The success and final outcome of this report required a lot of guidance and assistance
from many people and I am extremely privileged to get this all along the completion
My gratitude and sincere regards to Dr. Gurpreet Kaur Chhabra my project guide, for
guiding me throughout the project.
I am thankful to my family and friends for constantly motivating me to complete the report and
providing me an environment which enhanced my knowledge.
BATCH: 2022-2024
TABLE OF CONTENT
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S.NO. PARTICULAR
1 Declaration
2 Acknowledgements
3 Chapter-I: Introduction
5 Chapter-3: Methodology
8 Bibliography
9 Appendix-Questionnaire
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CHAPTER-I INTRODUCTION
Digital marketing refers to the process of promoting your company, cause, or brand via
online platforms. Using innovative web advertising, video, podcasts, and other similar
techniques, you may spread your message via mobile devices, television, radio, and other
media. Internet marketing, in particular, is a key component of any digital marketing
strategy and is increasingly at the centre of many businesses' overall marketing plans,
especially in relation to social media and viral marketing.
The ecosystem of digital marketing goes beyond. We highlighted in the opening how
individuals mistakenly believe that social media marketing and internet marketing are
identical, but they are different. Be clear from the start. Social media marketing and
internet marketing make up the digital marketing ecosystem. Simply put, they serve as
communication routes. The channels and services that make up the digital ecosystem are
integrated.
Digital Ecosystem
Search Engine
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Displays
Display advertising is a sort of advertising that frequently includes text (i.e., copy), logos,
pictures or other images, location maps, and similar elements. In periodicals, display
advertising may be placed next to or on the same page as normal editorial material.
Displays include standard banners, rich media banners, interstitials, and pop-ups.
Mobile Marketing
E-Mai1 Marketing
An example of direct marketing is email marketing, which is sending tailored messages
to a particular audience. Email marketing is affordable, simple to use, and efficient. Email
marketing is currently used by most B2B companies, but it is also effective for B2C
businesses.
Video
Today, marketers use video to share other customers' experiences and introduce brands to
potential customers. There are too many video advertising on YouTube. Additionally,
brands are sharing on social media sites.
Analysis
Analytics is the practise of evaluating data and the method by which a business makes the
best choice. Here, the marketer examines all communication channels to see how
effective they are. Analysis may be based on social media page views or visitor statistics,
among other metrics.
Content Management
Marketers can understand the issues with the current contents after analysing the
integrated channels. Later, he can manage the material to raise engagement rates; this
content could be text in banners, photos, or websites.
Advanced Targeting
The use of targeted communications to reach a certain audience is referred to as advanced
targeting. It helps a marketing campaign be more successful. A component of advanced
targeting is behavioural targeting, in which marketers can choose their target audience
based on the customers' previous online behaviour. In other websites that customers visit,
marketers can place advertisements.
Creative
The artistic element of a website or advertisement is called creative. A picture and copy
from advertisements or websites are typically included. Customers can be drawn to
certain contents by marketers. The entire look of some websites, applications, etc. will
occasionally be changed by marketers.
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Digital Strategy
Determining an organization's vision, goals, opportunities, and actions in order to
maximise commercial benefits from digital media is the process of developing a digital
strategy. The strategy will vary depending on the brand and the interests of the target
market.
Pull and push marketing strategies are used in standard outbound marketing. Similar to this,
there are two sorts of digital marketing: pull and push.
Push digital marketing, which includes display advertising on websites and news
blogs, involves sending a message to a customer without them actively searching it
out. Messages sent via email, text, and online feeds Push digital marketing with
personalised content is also a category. if the recipient did not actively seek out the
marketing message. Push marketing enables you to market to the people you know
are most likely to be interested in what you have to offer. You may target your
demographics and use your marketing budget to do this. You must be very certain
that your marketing will get in front of the correct customers at the right time
because push marketing campaigns might be more expensive upfront. One effective
push digital marketing strategy is behaviour targeting.
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According to this model, the two main processes are attention and interest. During
attention, the consumer first notices the product or advertisement. The consumer then
searches for information before taking an action and making a purchase, at which time
the information is shared with others. The action process has extended and the
psychological process has shrunk in contrast to "AIDMN."
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One of the biggest benefits of digital advertising is its reach, which allows it to target a
particular user group. Additionally, compared to traditional media, the online medium has
a much wider geographic reach. A greater geographic area can be reached more
affordably, and the ads can be specifically directed at the target market. Online
advertising, for instance, makes it very feasible for advertisers to market their goods to a
certain demographic of people. Web publishers, media companies, and advertisers
themselves are increasingly aware of the best channels and websites for a given category
of goods or services thanks to the development of digital advertising.
Measurement - With the development of new tools. Advertising campaign efficacy can
now be tracked. In other words, it is getting easier and easier to calculate Return On
Investment (ROI). Businesses that were previously hesitant to spend money online now
understand that there are ways to allay any concerns. Advertisers are further urged to
keep running online ads when properly planned online marketing campaigns produce the
intended outcomes.
Interactiveness and engagement - Of all the media available today, the Internet is
undoubtedly the most interactive and engaging. The power of the online medium has
made interactive campaigns the standard. AXE's campaign where the user may change a
woman's grin anyway, they desired to, that is, in an interactive framework, is one such
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advertising that is worth remembering. Since customers are essentially just a click away
from the advertising, the campaign immediately connected with the young audience to
which AXE is marketed. In other words, the online media makes it possible for end users
and advertisers to engage directly.
Time – A marketer can reach a particular target audience or demography over the Internet
significantly more quickly. The web medium, for instance, can be a successful way to
carry out ambush marketing if a marketer needs to. The overall time required to finish an
internet advertising campaign is smaller than that of traditional advertising approaches,
even in the case of regular marketing campaigns, i.e.
Page View - Page view is the term for seeing the page. As soon as the page loaded, it is
counted.
Leads - Lead is what happens when one individual enters his information in the
designated box.
Conversion - Conversion is the proportion of users whose online behaviour while visiting
a website or clicking on ads can be connected to eventual product or service purchases. A
high conversion rate suggests that the link, advertisement, or website was effective.
Landing Page - A custom web page called a landing page is created to turn visitors
into leads or customers. To gather information or start a sale, a landing page
receives traffic via email, banner ads, and even online outbound marketing
initiatives. The terms "landing page" and "destination page" are interchangeable.
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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.
Banner Ads: Embedding an ad into a web page- known as a click through due to
interactive actions where the consumers click and is taken to the banner ad's company
websites
Pop-up: Ads that displays in a browser window either in the front or behind the
current browser window.
Cost —Per- Action (CPA): Cost of advertising based on a visitor taking some specifically
defined action in response to an ad. "Action" include such thing as a sale, 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.
Pap 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.
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Pay-per-Lead: paying to acquire leads from an outside party at a set rate or amount
per lead.
The linked users that exist across several digital channels are today's brand custodians.
They have several facets. They serve as publishers, distributors, ambassadors, initiators,
and custodians at the same time. Their existence is digitally connected, giving them
credibility, power, depth, and reach. Their digital messaging has the speed, incline, and
momentum needed to have an effect on brands. But brands and their default custodians
still continue to enjoy a delightful illusion of control over their brand.
In the modern day, brand is a facilitator. Participants, brand discussions, and platforms
are what strengthen the brand and propel the brand concept. Therefore, companies must
improve their understanding of consumers and the rapidly changing digital landscape
while continuing to develop their brands. By emphasising the following 3 components
within the ecosystem of digital connections
People
People have more freedom in the digital age. Their status as mindless consumers
have changed yet engaged and inventive contributors. They become users instead
of consumers because they anticipate and believe in the co-creation of an
experience. They are evolving into the most trustworthy and authoritative source
for the accurate perception of a brand.
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Customers are starting to look for a mutually beneficial connection with firms
where everyone contributes and benefits. People want relationships with several
dimensions that provide them more than simply the brand's product or service.
The firm has additional opportunity to develop more interpersonal relationships
thanks to the fair-trade relationship. Businesses will need to adapt to this modern
concept of partnership that consumers are looking for. They would be wise to take
it a step further and establish a setting that is favourable to this equitable
connection.
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 press.
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 must also be independent of hardware. Users are becoming accustomed to
using many gadgets throughout the day to do their duties. They may utilise a smartphone
or tablet to carry out practical duties, among other things. They use a PC for extensive
content development and research when they are on the go. According to a google study,
90% of individuals switch between gadgets to complete a task, and almost everyone does
so in a single day. The smartphone is the most often used entry point. Most of the time,
the duties are finished on a PC, while tablets are now more common for social
networking and video streaming. Businesses and brands need to acknowledge that
consumers are now more credible publishers because they have access to always-on,
active devices. This transition can be addressed by setting up platforms and channels that
are device independent and enable brand and consumer content co-creation.
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Engagement
It involves opening a window with increased focus to affect motivations and conduct.
Every company is looking for ways to engage people, thus it is crucial to concentrate on
engagement by raising brand awareness and influencing customer behaviour and
preference. A brand should be able to visualise the path of a customer in order to identify
opportunities for engagement and areas where they may give value. Brands must realise
that engagement is about grabbing the user's attention and imagination rather than
pushing product messages. It involves creating an experience that is innately engaging.
Gender Wise
There are currently 213 million people online in India, with 60% men and 40% women.
There are 110 million mobile internet users in, 20% of whom are women and 80% of
whom are men. Social Medias are used by 176M of the internet's users.
The number of Internet users in India was 190 million at the end of June 2013, according
to the Internet and Mobile Association of India (IAMAI). The number of internet users
increased by 42% in 2013 to 213 million from 150 million in 2012. The number of
internet users in the country is anticipated to reach 243 million by June 2014, a rise of
28% year over year, as more and more individuals access the online through mobile
devices. Younger men and women (ages 35 to 44) become power users, Males in India
between the ages of "15 and 24" make up the majority of internet users, while females
make up 3544 of the totals. Distributions by age are provided below.
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Social networking is currently in the lead as far as online behavioural trends are
concerned. People will utilise the internet before long to access email and to look up
information. But nowadays, individuals like to be social and are eager to interact with
others. In India, social networking is used by 25% of the population, while 23% use
services. Emailing and instant messaging are examples of services.
Social Networking
The majority of customers' time in the area is spent on social networks. 86% of Indian
web users visit a social networking site, according to comScore data. With a 28% growth
in traffic and an 860% reach, Facebook is still the most popular social network. Indian
Facebook users log on for 217 minutes on average every day. The fastest-growing
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networks are Tumblr and Pinterest, while Twitter's growth has decreased by 15% in 2013
compared to 2012, placing LinkedIn in second place.
According to a Social Video survey, 46% of internet users watch videos about brands on
a weekly basis. watching entertaining or educational videos frequently results in a
variety of subsequent fruitful actions, such visiting the brand website. People are more
inclined to view videos on their smartphones on a regular basis now. Almost six out of
ten internet users have gone online to buy something after watching a video about it.
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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CHAPTER-2
LITERATURE REVIEW
more and more new, interesting information and in the future the Internet
use Will increase more than now. This article explains how internet is useful
tool for advertisement
According to Garder's survey (2013), the top priority in digital marketing
investment will be to improve commerce experiences through social
marketing, content creation and management and mobile marketing. Key
findings also revealed that a company's marketing success relies mostly on
their website, social marketing, and digital advertising, Which are all parts
Of digital marketing. In addition, savings made by using digital marketing
can bc reinvested elsewhere. Normally, companies spend 10 percent of their
revenue on marketing and 2.4 percent on digital marketing, which will
increase to 9 percent in the future
J Suresh Reddy26 has published article in Indian Journal Of Marketing. Title
Of article is "Impact Of E- commerce on marketing". Marketing is one
Of the business function
most dramatically affected by emerging information technologies.
Internet is providing companies new channels of communication and
interaction. It can create closer yet more cost-effective relationships with
customers in sales, marketing and customer support. Companies can use
web to provide ongoing information, service and support.
Economic times published article on "Indian companies using digital
marketing for competitive advantage" in Oct 2014. According to this article
a growing number of marketers in India are leveraging digital marketing to
increase their competitive advantage, research by Adobe and CMO Council
has revealed. According to the study, India leads in the confidence in digital
marketing as a driver of competitive advantage. Ninety-six per cent Of the
Indian marketers have high confidence in the ability of digital marketing to
drive competitive advantage. It is among the highest in Asia-Pacific APAC
with only Australia leading with 97 per cent. the research said. However,
while Indian marketers believe that the key driver to adopting digital is a
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growing internet population (70 per cent in India against 59 per cent in
APAC), their belief that customer preference and digital dependence drive
the adoption of digital, and that digital can engage the audience, is lower
than the APAC averages, it added. The 2014 Adobe APAC Digital
Marketing Performance Dashboard Was compiled through quantitative
surveys with over 800 marketers across the region. Marketers from
Australia, Korea, China, India, Hong Kong, Singapore and Other countries
were covered. However, While India is an emerging leader in Digital
Marketing, it has dipped in its own performance this year as compared to
the previous year. It is important to note that India scored much higher than
the APAC average last year," it said. Adobe Managing Director South Asia
Umang Bedi said that customer preference and digital dependence would
increase along with the increase in penetration of internet in the Indian
market. "Therefore, what would matter is how the Indian marketers are able
to increase engagement and activate audience through digital marketing.
This presents challenges in programme planning, execution and most
importantly measurement," he added. The study also revealed that
compared to their APAC counterparts, Indian marketers are receiving lesser
support from channel and sales teams for increasing digital spends.
However they are doing better as compared to last year suggesting that
departments that have a customer interface are realising the importance Of
digital marketing in augmenting their effort.
CHAPTER-3
RESEARCH METHODOLOGY
to do scientific research. For every certain subject, it is a system and in-depth research.
The use of scientific procedures to discover answers to questions is its main goal.
Data must be gathered, analysed, and interpreted. The use and application of data are
covered.
Topic
The selected topic for the research is "Understands the consumer buying
behaviour of Indian in digital era"
Period of study
The study is conducted during the 2nd April 2023 to 6th June 2023
Scope
For understanding Indian consumers' purchasing habits, this study is helpful. By
using the right media, it can assist businesses in reaching their target audience. In
order to help brands, reach their marketing goals, it will provide them advice on
where to invest.
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Universe
Universe means the total population available for the study. In this study, the
universe constitutes all Indian, who have online presences.
Sample
Sample refers to a small population's depiction of the entire universe. Indian youth and
young Indians who are between the ages of 17 and 45 and have internet presences are the
samples for this study.
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.
Tools
Tools used for this research is an questionnaire, which consist of21 questions.
CHAPTER-4
DATA ANALYSIS
5.If yes, then what type of product / services did you purchase online?
93% NO
Yes
•
•
YES
NO
YES
• NO
Interpretation 6 to 9:
93% of the samples are watching T. of the samples is watching T. V
programs through online portals. 93% are reading newspapers and 74% are
reading news papers through online.
1%
12.DO you have an internet connection in any of the above mentioned gadgets?
NO
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 IOW. 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 arc 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.
NO
YES
20.After purchase, what type of experience will you share with Others?
CHAPTER-5
FINDINGS
purchasing a product.
But this stimulus will get in to action only through opinion leaders.
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Indian consumers have high tendency to go for online purchase. They have
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
oftime, 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
More than 90% Of the samples have a mobile or Smartphone and laptops Or
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
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
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gadget for chatting and are using for surfing. What they are surfing? It can
More than 90% Of samples are noticing ads, among them 35% of samples
48% Of samples are telling they give more importance to online ads and
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 beliefa 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 aner seeing an ad or after
getting stimulated.
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LIMITATIONS
It was assumed that the information given by the respondents is authentic and best
of their knowledge,
Some of the view given was completely viewed by customers as they were in a
hurry and were not considered in the data analysis.
The result of the study is applicable to the survey area only.
Time is also one of the important limitations.
Dull process and unwilling respondent also affect the result Of the study.
CONCLUSION
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.
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.
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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".
BIBLOGRAPHY
Sites Visited
FICCIKPMq-Report-2014: -Indian-ME
[Accessed
10 April 2023]
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http:/./mvw.ipost.eonv'blog/emailmarketing/push-or-pull-which-
typevf-digital- marketing-is-most-effective! [Accessed on I I March
2020]
19) Kevin , Ing.,2010. AIDMA AIS.'LS. [online] Available from: h /'em
wenn[
new-times/
custodian-of-your-brand-anymore/
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APPENDIX
OUESTIONNAIRE
Age
Gender
If yes, then what type of product/ service did you purchase online?
Apparels
Electronic
Books
Travel Products
Fashion accessories
Kitchen and Home items Toys
Sports equipments
Health and Beauty Products
Gifts
Automotive
6. Do you watch television? Yes
No
Do you watch television programs through online?
Yes
No
Do you read newspaper?
Yes
NO
No
No
Online
Newspapers
YouTube
Magazines
Out Door Hoardings
Radio
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18. Mention one form of media from the list below, which you give
more importance?
Online
Newspaper
YouTube
Out Door Hoarding
Radio
Display ads in shops
20. After purchase, what type of experience will you share with
Others? Nice deal which you got in terms of price Bad
experience with the product
Good experience With the product
All the above mentioned
21. HOW Will you share your experience With others? Social
networking sites
Messaging
Write a blog
In company website
Through face to face talk
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