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MARKETING FOR A NEWLY LAUNCHED BRANCH OF Ms - ONLIVEGLOBAL
MARKETING FOR A NEWLY LAUNCHED BRANCH OF Ms - ONLIVEGLOBAL
M/s. ONLIVEGLOBAL
A PROJECT REPORT
Submitted by
S.LAKSHMI NARAYANAN
REG. NO: 21108631044
of
IN
BONAFIDE CERTIFICATE
Certified that the project report “MARKETING FOR A NEWLY LAUNCHED BRANCH
OF M/s.ONLIVEGLOBAL” is the bonafide work of Mr. S.LAKSHMI NARAYANAN
(21108631044) who carried out the project work under my supervision. Certified further that to
the best of my knowledge the reported herein does not from part of any other project report or
dissertation on the basis of which a degree or award was conferred on an earlier occasion on this
or any other candidate.
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BONAFIDE CERTIFICATE
Certified that the project report titles “MARKETING FOR A NEWLY LAUNCHED
Internal Guide
Prof.Dr.C.B.Ragothaman
Page 3
DECLARATION
Place:
Date:
(S.LAKSHMI NARAYANAN)
ACKNOWLEDGEMENT
Page 4
My heart-felt gratitude to our beloved Director Mr. P. S. PANDIYAN B.Tech., MBA., B.L.,
IAS (Retd.) and Dynamic Dean Prof. S. SANKAR B.E., M.Tech., MBA (IIM C) for giving
me this wonderful opportunity.
I thank my external guide Mr.SOORAJ KUMAR R (CMO of OLG) who kept pace and
enlightened me with their suggestions during the whole period of project and gave me good
training on Share Market.
I convey my heartiest thanks to my beloved Parents who helped me to complete this Herculean
task assigned to us, without them this book couldn’t have seen the light of the day. The light of
Spirit will always burn in us, because they nourished so mercifully.
I finally thank my Friends and others who helped me to complete this project in one-way of the
other.
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Ph.: +1-651-780-7524 (US) E-mail: info@onliveglobal.com
Date: 27/06/09
I am eager to have you as a part of our team. I foresee your potential skills as a valuable
contribution to our company and clients. Your appointment as a Summer Intern in our marketing
department will commence on 30th June, 2009 and ends by 28th July 2009. In this capacity, you
will be entitled to a monthly remuneration (gross compensation) of Rs 7,000/-.
Your internship offer with OnLiveGlobal is designed to give you a learning experience on two
different levels – domestic and international. As such, you will be working 5 days a week (Mon-
Fri) and your working hours and your responsibilities will be as follows:
You will be entitled to allowances and benefits as decided by the management, based on your
work-related expenses. You shall receive your payment on the last business day of every month
during your stay with OnLiveGlobal. Leave details and other company policies are available at
www.OnLiveGlobal.com in the employee back office. These policies are reviewed and posted on
the site from time to time by the management.
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Your positive reply to this appointment letter will confirm your acceptance of the terms and
conditions and that you would be joining OnLiveGlobal on the above given date.
Sincerely,
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515, 54th Cross, 3rd Block, Rajajinagar, Bangalore – 560 010.
This is to certify that Mr. Lakshmi Narayanan S has successfully completed his Summer
Internship Project in ‘Marketing For A Newly Launched Branch Of M/S. OnLiveGlobal’ under
my guidance.
I am pleased to inform you that as a summer intern with OnLiveGlobal, Mr. Lakshmi Narayanan
S has made valuable contributions in terms of formulating new marketing approaches in a short
time period. He was successfully able to clock decent revenues for the organization by
generating three new projects, an achievement appreciated across our industry.
Additionally, I’d like to inform you that Mr. Lakshmi Narayanan S is a person who is sober as
well as ambitious, and is therefore able to tackle even the most difficult situations at work while
maintaining his calm and professional demeanor.
Sincerely,
CONTENTS
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Serial No. Table of Contents Page No.
1. INTRODUCTION
1.1 Marketing 11-14
1.2 Online Marketing 15-18
1.3 Company Profile 19-21
1.4 Product Profile 22-25
1.5 Scope & Objectives 26-27
1.6 Advantages & Limitations 28-29
4. RESEARCH METHODOLOGY
3.1 Definition 40
3.2 Research Design 41
5. FINDINGS 43
7. CONCLUSION 46
8. BIBLIOGRAPHY 49
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Introduction
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Marketing
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Marketing:
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anthropology and neuroscience, the profession is now widely recognized as a science,
allowing numerous universities to offer Master-of-Science (MSc.) programmes. The
overall process starts with marketing research and goes through market segmentation,
business planning and execution, ending with pre and post-sales promotional activities. It
is also related to many of the creative arts. The marketing literature is also infamous for
re-inventing itself and its vocabulary according to the times and the culture.
Seen from a systems point of view, sales process engineering views marketing as
a set of processes that are interconnected and interdependent with other functions, whose
methods can be improved using a variety of relatively new approaches.
Marketing Orientations:
Marketing orientations
Product orientation
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A firm employing a product orientation is chiefly concerned with the quality of its
own product. A firm would also assume that as long as its product was of a high standard,
people would buy and consume the product.
This works most effectively when the firm has good insights about customers and
their needs and desires, as for example in the case of Sony Walkman or Apple iPod,
whether these derive from intuitions or research.
Sales orientation
Such an orientation may suit scenarios in which a firm holds dead stock, or
otherwise sells a good that is in high demand, with little likelihood of changes in
consumer tastes diminishing demand.
Customer orientation
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A firm in the market economy survives by producing goods that persons are
willing and able to buy. Consequently, ascertaining consumer demand is vital for a firm's
future viability and even existence as a going concern.
Organizational orientation
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Online Marketing
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Internet marketing also referred to as i-marketing, web marketing, online marketing, or
eMarketing, is the marketing of products or services over the Internet.
The Internet has brought many unique benefits to marketing, one of which being
lower costs and greater capabilities for the distribution of information and media to a
global audience. The interactive nature of Internet marketing, both in terms of providing
instant response and eliciting responses, is a unique quality of the medium. Internet
marketing is sometimes considered to have a broader scope because it not only refers to
digital media such as the Internet, e-mail, and wireless media; however, Internet
marketing also includes management of digital customer data and electronic customer
relationship management (ECRM) systems.
Internet marketing ties together creative and technical aspects of the Internet,
including design, development, advertising, and sale.
Internet marketing also refers to the placement of media along different stages of
the customer engagement cycle through search engine marketing (SEM), search engine
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optimization (SEO), banner ads on specific websites, e-mail marketing, and Web 2.0
strategies. In 2008 The New York Times working with comScore published an initial
estimate to quantify the user data collected by large Internet-based companies. Counting
four types of interactions with company websites in addition to the hits from
advertisements served from advertising networks, the authors found the potential for
collecting data upward of 2,500 times on average per user per month.
Business models:
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There are many other business models based on the specific needs of each person
or business that launches an Internet marketing campaign.
One-to-one approach
The targeted user is typically browsing the Internet alone, so the marketing
messages can reach them personally. This approach is used in search marketing, where
the advertisements are based on search engine keywords entered by the user.
And now with the advent of Web 2.0 tools, many users can interconnect as
"peers."
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Internet marketing differs from magazine advertisements, where the goal is to
appeal to the projected demographic of the periodical. Because the advertiser has
knowledge of the target audience—people who engage in certain activities (e.g.,
uploading pictures, contributing to blogs) - the company does not rely on the expectation
that a certain group of people will be interested in its new product or service.
Geo targeting
Geo targeting (in internet marketing) and geo marketing are the methods of
determining the geolocation (the physical location) of a website visitor with geolocation
software, and delivering different content to that visitor based on his or her location, such
as country, region/state, city, metro code/zip code, organization, Internet Protocol (IP)
address, ISP or other criteria.
A typical example for different content by choice in geo targeting is the FedEx
website at FedEx.com where users have the choice to select their country location first
and are then presented with different site or article content depending on their selection.
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Company Profile
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About OnLiveGlobal:
The company is launched in the month of June-2006, at Nasik. Since then the
company has served numerous clients worldwide. The company has bagged many long-
term clients who now turned out as company’s testimonials.
OnLiveGlobal, having staffs from all states in South India offers quality and cost
effective IT support services round the clock. Our specialization spans over technical
support, billing support, sales support, customer support, phone support and monitoring
service. OnLiveGlobal offers four main services with its respective divisions.
OLG offer Sales Support, Customer Support, Billing and Technical Support in
our Outsourced Support Wing. The major highlights of our support services are:
The company believes in the satisfaction of the clients and makes it as top priority
by offering guaranteed 100% work level. Whether you are a New Company or a
Established Company, OLG has plans for you.
The company launched its new branch in Bangalore, in order to capture local
market.
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OnLiveGlobal provides Anonymous Support and your clients will never be able
to find out that you have outsourced your support needs.
OLG accepts Credit Cards and all the transactions are processed by PayPal Inc.,
which maintains highest security to keep your financial details secure.
Any company can enjoy bulk discounts with OLG, also its introductory offer.
The company offers its services regardless to the website you run online. For
example, OLG offers Live Support to an online shoe-mart, online shopping mall, and
numerous webhosting companies and so on.
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Product Profile
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List of products of OnLiveGlobal:
OLG proudly calls its various services as their products. They offer products that are
feasible for almost all types of customers online.
Technical Support
Customer Support
Sales Support
Billing Support
Monitoring service
Under each service offered, there are plans for variety of customers. Following is the list
of plans available for various services.
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Unlimited Incidents L1,L2 and L3 Technical Support – By opting this
plan, client has to pay a fixed amount every month and the OLG will pick
any number of technical calls
Per Incident Customer Support – This refers to the number of calls that
OLG receive and the customer will be charged based on the number
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Unlimited Incidents Sales Support - This is similar to the plan mentioned
in Technical and Customer Support
Dedicated Staff
Under this plan OLG assigns a dedicated staff for your support needs, as per your
requirements. This again falls under various plans, but in simple this is totally customized
so that the customers can choose the timings and OnLiveGlobal schedules staffs based on
it.
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This plan deals with the total backend support of any company will be
taken care by the OLG and it again is the customized service.
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Scope and Objectives
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Scope:
Needs:
Primary Objective:
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To build the company as largest brand in South India, within a couple of years.
Secondary Objective:
To find out the various strategies that can be implemented and build various
techniques for the organizational development.
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Advantages & Limitations
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Advantages:
The nature of the medium allows consumers to research and purchase products
and services at their own convenience
Internet marketers also have the advantage of measuring statistics easily and
inexpensively
Limitations:
From the buyer's perspective, the inability of shoppers to touch, smell, taste or
"try on" tangible goods before making an online purchase can be limiting
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Techniques Adapted
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Marketing Techniques:
Following are the list of marketing techniques adapted, in order to establish the
new branch among existing customers and prospective.
E-mail marketing
Cold calling
SEO
Viral marketing
Sales letters
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E-mail marketing
* sending e-mails over the Internet, as e-mail did and does exist outside the
Internet (e.g., network e-mail and FIDO).
Researchers estimate that United States firms alone spent US$400 million on e-
mail marketing in 2006.
Cold Calling
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used because the person receiving the call is not expecting a call or has not specifically
asked to be contacted by a sales person.
SEO
As an Internet marketing strategy, SEO considers how search engines work and
what people search for. Optimizing a website primarily involves editing its content and
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HTML and associated coding to both increase its relevance to specific keywords and to
remove barriers to the indexing activities of search engines.
The acronym "SEO" can also refer to "search engine optimizers," a term adopted
by an industry of consultants who carry out optimization projects on behalf of clients, and
by employees who perform SEO services in-house. Search engine optimizers may offer
SEO as a stand-alone service or as a part of a broader marketing campaign. Because
effective SEO may require changes to the HTML source code of a site, SEO tactics may
be incorporated into web site development and design. The term "search engine friendly"
may be used to describe web site designs, menus, content management systems, images,
videos, shopping carts, and other elements that have been optimized for the purpose of
search engine exposure.
Viral Marketing
The buzzwords viral marketing and viral advertising refer to marketing techniques
that use pre-existing social networks to produce increases in brand awareness or to
achieve other marketing objectives (such as product sales) through self-replicating viral
processes, analogous to the spread of pathological and computer viruses. It can be word-
of-mouth delivered or enhanced by the network effects of the Internet. Viral promotions
may take the form of video clips, interactive Flash games, advergames, ebooks, brandable
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software, images, or even text messages. The basic form of viral marketing is not
infinitely sustainable.
The term "viral marketing" has also been used pejoratively to refer to stealth
marketing campaigns—the unscrupulous use of astroturfing on-line combined with under
market advertising in shopping centers to create the impression of spontaneous word of
mouth enthusiasm.
Sales Letters
A letter, which is written that to sell the goods or services. It is written in the way
of the reader to persuade that what you are trying to sell whom he needs. Some products
like books, magazines, rugs, furniture, clothing, medicines are directly sold to the
consumers by means of letters. The letters are sent to carefully selected consumers along
with illustrated circulars, reply cards, order forms and reply envelops. Instead of doing
the entire selling business by mail, sales letter are also written to solicit enquiries, which
are followed by further letters of information, telephone or personal call.
Many enquiries are unsought. Many enquiries are the result of sales letters and
advertisements in newspapers and magazines. In response to these enquiries, form letters
and printed material are sent by as a follow up. Letters may be used to arouse interest in
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customers so that they may visit the store to buy. Sales letter may be used to build up
goodwill by thanking customers for their patronage, extending the season's greetings
announcing new conveniences or services. They aim at cultivating relationships that lead
indirectly to sales.
Review of Literature
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Review of Literature:
Much of the academic literature concerning the Internet has been focused recently on trying to
discern who the customer really is and what that customer's buying habits are (Freiden,
Goldsmith, Takacs & Hofacker, 1998; Kingsley & Anderson, 1998). Weiber and Kollmann
(1998) provide a unique focus for this problem by suggesting that the Internet should be looked
at as two markets instead of one, and the two terms the authors suggest are "marketplace" and
"market space" and evaluate the significance of virtual value chains in opening up further
possibilities in the marketplace and market space. This work complements the in depth research
being conducted by Gould and Lerman who have built on the works of Firat and Venkatesh to
establish two essentially different views of the possible postmodern consumer.
The advent of the Internet has added various new dimensions to the marketing communication
efforts of organizations today. The purpose of this thesis is to provide a deeper understanding of
how the Internet is used as a medium for marketing communication. In order to reach this
purpose, research questions on the mix of online promotional tools as well as the stakeholders
targeted were stated. A literature review was conducted based on these research questions,
resulting in a conceptual framework used in obtaining empirical evidence. A qualitative, case
study mythology was used, relying primarily on interviews to collect data.
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The findings showed that the online communication tools such as online advertising and public
relations are the most important tools within the online toolbox. Furthermore, the way to
communicate with stakeholders onthe Internet is through intranets, extranets, Websites, E-mail
and Chat functions. The main functions of websites are to provide general information, provide
customer service and support, as well as improve communication with stakeholders.
Promotion is one of the key of the four Ps in the marketing mix and as such has a key role to play
in market success. The Internet's potential to provide an efficient channel for marketing
communications is overwhelming. Many marketing communication researchers have realized
that this new medium would bring new opportunities for the marketing communication process
with its popularity as a medium to target consumers. An increase in the use of websites for
promotion of consumer products by organizations is expected.
A qualitative approach was used, consisting of two case studies. Data was collected by
interacting with specific websites. The findings indicate that firms use 'games' as major type for
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online sales promotion of consumer products. In addition, firms also use advergames, contests,
and sweepstakes for online sales promotions. Sampling was found useful for digital products.
These firms take necessary aspects to make their websites effective. Studied firms use
presentation elements and contents that are essential for effective websites. Firms ensure
transactions security for online sales and provide playfulness in websites which make them more
effective. The findings support past research in that showing that, while firms use aspects to
make websites effective, they do not use many of sales promotion types for online promotions.
Overall, case studies show that firms have clear approach in adopting online sales promotions
and making their websites more effective.
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Research Methodology
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Research Methodology:
2. "the systematic study of methods that are, can be, or have been applied within a
discipline"; or
INTRODUCTION
A research cannot be conducted abrupt. Researcher has to proceed systematically in an
already planned direction with the help of a number of steps in sequences. To make the research
systemized the researcher has to adopt certain methods. The method adopted by researcher for
completing the project is called Research Methodology.
In other word, Research Methodology is simply the plan of action for a research which
explains in detail how data is to be collected, analyzed and interpreted. Data become information
only when a proper methodology is adopted. Thus we can say Methodology is a tool which
processes the data to reliable information. This chapter attempt to highlight the research
methodology adopted in this project.
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RESEARCH DESIGN
A research design is a arrangement of conduction’s for collection for analysis of data in a
manner that aims to combine relevance to the success of the research purpose with economy in
procedure. Fundamental to the success of any research project is the sound research design. A
research design is purely and simply the framework and for the study that guides the collection
and analysis of data. It is a blue print that is followed in completing a study.
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Findings & Suggestions
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Competitions:
When carrying out the operations, following things were been found.
Bobcares
Hostech
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Actsupport
There are a few free OnLiveSupport companies on the market. Following are the
findings on how to overcome them.
• Limited support
• More escalations
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Suggestions:
Following methods can be implemented in order to compete with the top players
on the field.
(OnLiveGlobal offers 7 Days No Issues Money back guarantee. They provide you
complete refund of your Unused Credit if you claim within 7 days of your initial
payment.)
c. Customized Plans
(OnLiveGlobal offers 'PRICE FREEZE GUARANTEE' for the plans that a company
choose when they sign up with OLG. Prices remain the same as those when a new company
signs up, during the contract period unless the requirements change.)
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Announce special offers
Affiliate Plans:
By referring a new client, affiliates receive up to 10% commission on the amount their
referral pays us. The payment will be continuous as long as the referred client stays with us. In
order to avail the affiliate plan, the referred client must stay with us for at least a month.
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Conclusion
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Conclusion:
The organization is moving ahead towards its goals and can surely accomplish, by
implementing the strategies mentioned above. To make it more effective, they have to formulate
few more methods or a mixture of above said methods.
OLG has bright future, considering the climate of the market on current date.
They have potential to serve any number of clients, as they make arrangements as per the
requirements.
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Bibliography
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References:
Following are the list of websites that are used to build the strategies and learn
more about them.
http://www.seo-guy.com
http://www.wikipedia.org
http://www.learnmarketing.net
http://www.freemarketingzone.com
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