8elow tbe lloe (81l) motketloq ls mote effectlve tboo Above tbe lloe (A1l) motketloq lo coosomet motket
A Jlssettotloo pteseoteJ lo pott cooslJetotloo of lCuM cootse
:. ~.. ..
1able of ConLenLs
Content age No Acknow|edgement 3 Introduct|on 4 Cb[ect|ve 7 Scope 8 Methodo|ogy 9 3
AcknowledgemenL
An underLaklng of Lhls Lype ls a resulL of conLrlbuLlon recelved from a number of people 1hls reporL cannoL be clalmed as my lndlvldual efforL 1hls ls Lo acknowledge all Lhe people who have provlded me wlLh Lhe lnsplraLlon guldance help durlng Lhe preparaLlon of Lhe pro[ecL 1herefore l exLend my deep sense of graLlLude Lowards Lhem Cur college menLor rof ka[|v S|kka should be commended for Lhe guldance guldance supporL and wealLh of ldeas he provlded ln order Lo see Lhls work compleLed 1hanks a loL Lo all Lhe unnamed people who responded Lo Lhe quesLlonnalres especlally our frlends ln college
4
lnLroducLlon
1here was a Llme when Sales as a concepL and pracLlce goL belng consldered lneffecLlve and lnsufflclenL 1he concepL wlLh longer relaLlonshlp wlLh cusLomer galned Lhe lmporLance 1hus goL Lhe MarkeLlng concepL lLs belng Slowly Lhls became Lhe lnLegral and mosL lmporLanL parL of Lhe sLraLegy and Lhe prlme Lool whlle devlslng a plan for revenue generaLlon 1he lncrease ln compeLlLlon Lhe globallzaLlon economlc growLh and recesslon all has played lLs role and made Lhe process rlcher and complexer each day Among Lhe mulLlple faceLs LhaL form Lhe wlngs of Lhls approach brand promoLlon ls one LhaL Loo has grown ln Lhe ways of lmplemenLaLlon and has seen forLuned lnnovaLlons WlLh Lhe advenL of Lhe presenL cenLury Lhe exlsLlng Lug of war beLween adverLlslng and sales promoLlon Look a new shape and came Lhe concepLs Above 1he Llne and 8elow 1he Llne acLlvlLles (A1L and 81L) wldenlng boLh scope and lnLenslLy of Lhls war 1he A1L or aboveLhellne propagaLed LradlLlonal markeLlng channels LhaL sLrlved Lo reach a mass audlence wlLh messages LhaL relnforce a brand communlcaLe general producL lnformaLlon or lnsplre an emoLlonal response
le A1L focuses on Mass 8each lL creaLes 8rand Awareness And has no dlrecL consumer lnvolvemenL
lL Lhus has Lhe vehlcles llke rlnL AdverLlslng Poardlngs LlecLronlc Channels and Lhe 8adlos Whlle Lhe 8elowLhellne" lnlLlaLlves by comparlson acLed llke LradlLlonal dlrecL markeLlng efforLs Lhey asplred Lo esLabllsh LargeLed relaLlonshlps beLween markeLers and lndlvldual consumers and offer comparable ease ln measurablllLy
le 81L ls consumer deflned lL generaLes 1rlal and has dlrecL consumer lnvolvemenL
lL Lhus has vehlcles llke LvenLs 8oad Shows uealer level acLlvlLles Consumer conLacLs Moblles eLc SomeLlmes Lhe same vehlcles can acL as boLh 81L and A1L acLlvlLy complemenLlng each oLher eg uealer 8oard 1he concepL of 81L was however fresh and resulLed Lhough smaller ln slze was more declpherable lL Lhus sLarLed maklng lLs way ln Lhe brand promoLlon sLraLegles lL sLarLed eaLlng Lhe budgeLs of Lhe A1L acLlvlLles lrom negllglble Lo slzeable unLll Lhe mld of 8 where ln Lhe economy of Lhe world was upbeaL and growLh LrlumphanL Lhls new arena was belng welcomed as a forward lnLegraLlon of Lhe concepL WlLh lncreased fragmenLaLlons and demographlcs along wlLh Lhe growlng pressure Lo promoLe effecLlveness of markeLlng communlcaLlon 81L acLlvlLles was glvlng Lhe apL answers and so lL sLarLed prosperlng A separaLe budgeL sLarLed belng devoLed Lo lL 1he world (especlally Lhe growlng economy sLarLed seelng a growLh ln Lhe 81L along wlLh Lhe A1L budgeLs lL sLarLed complemenLlng Lhe A1L More recenLly agencles and cllenLs had swlLched Lo an lnLegraLed CommunlcaLlon Approach 81L was a common Lechnlque used for Louch and feel producLs (consumer lLems where Lhe cusLomer would rely on lmmedlaLe lnformaLlon raLher Lhan prevlously researched lLems) 81L Lechnlques ensured recall of Lhe brand whlle aL Lhe same Llme hlghllghLlng Lhe feaLures of Lhe producL 8uL Lhen came Lhe perlod of recesslon Companles Lrylng Lo cuL on Lhe expendlLure AmongsL Lhe many heads of budgeL LhaL came lnLo sLrlcL revlslon Lhe promoLlon Loo sLarLed belng looked as Lhe expendlLure raLher Lhan Lhe lnvesLmenL And Lhen came Lhe real Lug of war beLween Lhe Lwo Should Lhe age old A1L be reLalned under Lhese Lough condlLlons or Lhe newer approach 81L be consldered as Lhe new lease of llfe Cbvlously Lhe A1L LhaL encompasses a hlgher budgeL goL a pause for Lhe Llme belng 1he 81L wlLh lower per evenL cosL kepL Lhe promoLlonal plan rolllng ln Lhose hours And Lhe cenLury kepL seelng a sLeady growLh ln Lhe 81L expendlLures over Lhe year 1he worry among Lhe medla people Lhus was for how long? no slLuaLlon sLays forever So was Lhe case wlLh recesslon 81L whlch had been consLanL LhroughouL kepL seelng a sLeady growLh ln expendlLures WlLh lLs unlque ablllLy Lo personallze and cusLomlze communlcaLlon Lhls form of communlcaLlon sLarLed peneLraLlng meLros Lo clLles and Lo rural areas 1he A1L whlch had seen a cuL ln Lhe pasL few monLhs goL a lease of llfe 1he 81L LhaL had slowly sLarLed replaclng Lhe mass medla adverLlslng agaln sLarLed seelng lL back among Lhe masses Such recenL Lrends of fuLure has a common Lerm belng used by savvy medla sales persons le 1hrough 1he Llne approach whlch accordlng Lo some 8rand AcLlvaLlon consulLanLs has been around forever buL under a new named
colned for medla men ls called Lhe 11L approach 1he 11L approach ls where a mlx of Lhe Lwo (A1L+81L) are used Lo lnLegraLe a markeLers efforLs and opLlmlze reLurns from Lhese separaLe lnvesLmenLs More recenLly however Lhe 11L approach had shlfLed lLs aLLenLlon wlLh more welghL shlfLlng Lo Lhe 81L slde of Lhe fulcrum 1he ldea remalned Lo opLlmlze Lhe 8Cl on markeLlng budgeL spenL by focuslng ones energy on wlnnlng smaller yeL more cruclal 81L baLLles Lhan A1L wars whlch were belng raged by Sponsorshlp and logo poslLlonlng crazy blg spenders ln a nuLshell whlle AboveLheLlne promoLlons are Lallored for a mass audlence 81L promoLlons are LargeLed aL lndlvlduals accordlng Lo Lhelr needs or preferences Whlle AboveLheLlne promoLlons can esLabllsh brand ldenLlLy 81L can acLually lead Lo a sale AboveLhellne promoLlons are also somewhaL lmposslble Lo measure well whlle 81L promoLlons are hlghly measurable glvlng markeLers valuable lnslghLs lnLo Lhelr reLurnonlnvesLmenL
now when ln near fuLure Lhe markeL ls expecLed Lo sLlll behave beLLer we expecL Lhe budgeLs belng revlLallzed Lspeclally wlLh a cerLaln sooLhlng of Lhe ollLlcal condlLlons ln Lhe counLry 1he sLudy reflecLs LhaL 81L now galnlng lLs lmporLance would surely form an lnLegral parL of Lhe plans buL lnLegraLed and well coupled wlLh exLenslve A1L plans A proper mlx le 11L and apL uLlllzaLlon of boLh Lhe vehlcles are expecLed Lo form Lhe successful means of promoLlon ln Lhe comlng years 8uL Lhls would also mean a consLanL lnnovaLlon and newness ln Lhe approach and exLenslve bralnsLormlng ln sLore for all
7
Cb[ecLlve
1o analyze Lhe effecLlveness of varlous promoLlonal acLlvlLles whlch are broadly classlfled as A1L and 81L and Lo prove LhaL 81L acLlvlLles have a greaLer lmpacL on Lhe markeLlng communlcaLlon LhaL Lhe company ls Lrylng Lo esLabllsh 1he focus wlll be on Lhe dlfferenLlaLlng facLors beLween boLh A1L and 81L whlch wlll lnclude Lhe aspecLs of cosLeffecLlveness and 8eLurn on lnvesLmenL as well null PypoLhesls P
#81l motketloq ooJ A1l motketloq ote epoolly effectlve lo coosomet
motket
So an alLernaLlve hypoLhesls would be
P 1 #81l motketloq ls mote effectlve tboo A1l motketloq lo coosomet motket
8
Scope
1hesls wlll lnclude Lhe comparlson beLween boLh Lhe forms of markeLlng and hlghllghLlng Lhe beneflLs of 81L acLlvlLles over A1L acLlvlLles 1he consumer behavlour wlll also be analysed on Lhe basls of Lhelr responslveness on boLh Lhe forms of markeLlng lL wlll also analyse Lhe cosL effecLlveness and reLurn on lnvesLmenL on Lhe markeLlng pracLlces done for Lhe promoLlon of Lhe producL 1he focus wlll be on Lhe dlfferenLlaLlng facLors beLween boLh A1L and 81L 1ools llke adverLlslng medla klosks ln A1L and promoLlon personal selllng ln 81L wlll be dlscussed abouL along wlLh consumer response Lowards Lhe sLlmulaLlon creaLed by Lhese 1he pro[ecL wlll be on Lhe llnes of dlfferenLlaLlng Lhe lmpacL of areas of boLh Lhe acLlvlLles Lhrough a quesLlonnalre devlsed Lo undersLand whlch are Lhe key sLlmulus whlch aLLracLs Lhe consumer and whaL ls Lhe lmpacL of each sLlmull on Lhem
9
MeLhodology
1he LargeL populaLlon was people llvlng ln cerLaln areas of une ln Lhe age group of 18 Lo as Lhey are more exposed Lo Lhe markeLlng communlcaLlon sLlmulus clrculaLed by Lhe companles A LargeL sample slze of 1 was declded wlLh 1 sample elemenLs per member ;uoLa sampllng Lechnlque was used populaLlon was dlvlded lnLo reglon Lhe sample elemenL were selecLed based on convenlence or [udgemenL Snowball sampllng and 'Cnllne sampllng' was used buL Lo a lesser exLenL Cnly prlmary daLa could have served Lhe purpose whlch was collecLed Lhrough quesLlonnalre 1he fleld work lL comprlsed of LargeLlng people aL random ln malls cafes commerclal places markeLs eLc Pelp of frlends was Laken ln fllllng of quesLlonnalres Lhey also referred Lo oLhers creaLlng a snowball effecL Malllng of onllne quesLlonnalres Lo every known emall also helped Lhe cause Lo a greaL exLenL