Professional Documents
Culture Documents
ComConnection
Submitted By:
Manish Kumar Singh
I
II
ACKNOWLEDGEMET
First and foremost, I would like to express my special gratitude to Dr. Rachita
Rana, Director, Maharaja Surajmal Institute, for giving me this golden
opportunity to create this project as my Summer Training Report. This project
report wouldn’t be possible without her support.
Secondly, I would like to thank the teachers and the faculty members in
Maharaja Surajmal Institute, who continued to encourage and support me
throughout the making of this project work.
I would especially like to thank Dr. Sumita Kukreja, the guide for my Summer
Training Report project, who was always there to help create this project work,
assist me in solving any doubts or problems I encountered during the creation
of this project and her invaluable suggestions and guidance.
In no small gesture, I would like to thank Miss Kritika Khera, Founder and
Executor of ComConnection, for giving me the opportunity to intern at the
aforementioned firm, for my summer training report, which helped me gain
knowledge of real business environment, and to all my other colleagues at
ComConnection, who helped me, directly or indirectly, in completing this
management thesis.
I owe a deep sense of gratitude to all the aforementioned, for their continuous
help and support in the generation of this summer training report.
III
Table of Content
S. No. Topic Page No.
1 Certificate (s) II
2 Acknowledgements III
3 Tables of Content IV
4 List of Figures V
5 Chapter - 1: Introduction 1-19
1.1 Introduction of the Project 2
1.2 The Scope of Marketing 3
1.3 Importance of Marketing 8
1.4 Marketing Strategic Formulation 11
1.5 Strategic Alliances 12
1.6 Program Formulation and Implementation 13
1.7 Feedback and Control 14
1.8 Objective 16
1.9 Research Methodology 17
1.10 Limitations of the Study 18
6 Chapter - 2: Profile of the Firm/Company 20-29
2.1 Objectives of ComConnection 22
2.2 Projects Undertaken by ComConnection 24
2.3 Aim of the Company 25
2.4 Swot Analysis 27
7 Chapter - 3: Data Collection and Analysis 30-37
8 Chapter - 4: Summary and Conclusion 38-43
4.1 Finding 39
4.2 Conclusion 41
4.3 Suggestions 42
9 Bibliography 43
10 Annexure 44-46
IV
Table of Figures
Figure
Title
No. Page No.
1 Figure 1.1 Markets 7
2 Figure 3.1 – Age of the Respondents 31
3 Figure 3.2 – Gender of the Respondents 31
4 Figure 3.3 – Occupation of the Respondents 31
5 Figure 3.4 – Is ComConnection your first Choice 32
Figure 3.5 – Do you follow ComConnection on any of
6 these platforms? 32
Figure 3.6 – Which of the following word would you use
7 to describe our product? 33
Figure 3.7 – How well does our product meet your
8 needs? 33
Figure 3.8 – Which two features are most valuable to
9 you? 34
10 Figure 3.9 – How easy is it to Navigate our content? 34
Figure 3.10 – Did you find the information you were
11 looking for on our videos? 35
Figure 3.11 – How much effort did you personally have
12 to put forth to handle your request? 35
Figure 3.12 – How responsive have we been to your
13 questions or concerns about our product? 36
Figure 3.13 – Compared to our competitors’ is our
14 product quality better, worse or about the same? 36
Figure 3.14 – How do you came to know about
15 ComConnection? 37
Figure 3.15 – How likely recommend our company to
16 friends or colleagues? 37
V
CHAPTER- 1
INTRODUCTION
1
1.1 Introduction of the Project
to customers and the firm at a lower cost. However, quantifying the return
Consumers are the ultimate source of revenue for companies and it is vital
states that organizations exist to satisfy consumers’ wants and needs. These
wants and needs can only be satisfied by understanding the consumers that
will use the product. What, when, why, where and how a consumer decides
to acquire, use and dispose the product are essential questions for
past experiences or they can communicate with their environment and learn
from other consumers (Janssen & Jager 2001). So here we are going to see
2
1.2 The Scope of Marketing
What is Marketing?
Marketing is about identifying and meeting human and social needs. One of the
customers, clients, partners, and society at large. Coping with these exchange
management takes place when at least one party to a potential exchange thinks
about the means of achieving desired responses from other parties. Thus, we see
marketing management as the art and science of choosing target market and
societal process by which individuals and groups obtain what they need and
want through creating, offering, and freely exchanging products and services of
value with others. Cocreation of value among consumers and with businesses
and the importance of value creation and sharing have become important themes
many people are surprised when they hear that selling is not the most important
3
part of marketing! Selling is only the tip of the marketing iceberg. Peter
There will always, one can assume, be need for some selling. But the aim of
understand the customer so well that the product or service fits him and sells
itself. Ideally, marketing should result in a customer who is ready to buy. All
What is Marketed?
Goods: Physical goods constitute the bulk of most countries' production and
marketing efforts.
hotels, car rental firms, barbers and beauticians, maintenance and repair people,
and management consultants. Many market offerings mix goods and services,
4
Persons: Artists, musicians, CEOs, physicians, high-profile lawyers and
financiers, and other professionals often get help from marketers. Management
Places: Cities, states, regions, and whole nations compete to attract tourists,
(real estate) or financial property (stocks and bonds). They are bought and sold,
non-profits all use marketing to boost their public images and compete for
Who Markets?
the prospect. If two parties are seeking to sell something to each other, we call
Marketers are skilled at stimulating demand for their products, but that's a
limited view of what they do. They also seek to influence the level, timing, and
5
Eight demand states are possible:
1. Negative demand: Consumers dislike product and may even pay to avoid it.
product.
3. Latent demand: Consumers may share a strong need that cannot be satisfied
by an existing product.
not at all.
6. Full demand: Consumers are adequately buying all products put into the
marketplace.
7. Overfull demand: More consumers would like to buy the product than can
be satisfied.
In each case, marketers must identify the underlying cause(s) of the demand
state and determine a plan of action to shift demand to a more desired state.
money markets), buy resources and turn them into goods and services, and sell
sell their labour and receive money with which they pay for goods and services.
6
The government collects revenues to buy goods from resource, manufacturer,
and intermediary markets and uses these goods and services to provide public
Marketers view sellers as the industry and use the term market to describe
customer groups. They talk about need markets (the diet - seeking market),
Sellers send goods and services and communications such as ads and direct mail
to the market; in return they receive money and information such as customer
attitudes and sales data. The inner loop shows an exchange of money for goods
Figure 1.1
Consider the following key customer markets: consumer, business, global, and
non - profit.
7
Consumer Markets: Companies selling mass consumer goods and services
such as juices, cosmetics. athletic shoes, and air travel establish a strong brand
Business Markets: Companies selling business goods and services often face
Advertising and Web sites can play a role, but the sales force, the price, and the
enter, how to enter each (as exporter, licenser. joint venture partner, contract
to each country, how to set prices, and how to communicate in different cultures.
organisations by the fact that it produces and sells products. The importance of
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i. Marketing is the beating heart of the business firm: The chief executive of
budget until the basic marketing decisions have been taken. Many
ii. Marketing gives top priority to the needs of customers: Quality of goods,
storage, display, advertisement, packaging, etc. are all directed towards the
satisfaction of customer.
iii. Marketing helps in the creation of place, time and possession utilities:
marketing lies in the creation of these utilities to satisfy the needs of the
customers and thereby earn profit. It a firm can satisfy its customers; it will
have better chances of survival and growth even in the fast - changing
environment.
survive in the long - run unless it can market its products. In fact, marketing
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BENEFITS TO THE CUSTOMERS
Marketing is important from the point of view of the customers in the following
ways:
people about the availability of their products in the market and their
marketers who come out with new and improved products for the
customers.
(v) Time and place utility: Marketers create time utility by providing goods
to consumers when they need the same. Similarly, they create place utility
people in the society and sets out the pattern of production of goods and
services with freedom of choice. Marketing treats the customer as the king
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around whom all business activities revolve. Besides product
Many people are employed by modern business houses to carry out the
scarce resources of the society as each firm tries to produce the goods and
Goals indicate what a business unit wants to achieve; strategy is a game plan
for getting there. Every business must design a strategy for achieving its goals,
sourcing strategy.
strategies that provide a good starting point for strategic thinking: overall cost
1. Overall cost leadership: Firms work to achieve the lowest production and
distribution costs so they can under- price competitors and win market share.
They need less skill in marketing. The problem is that other firms will
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usually compete with still- lower costs and hurt the firm that rested its whole
future on cost.
the market.
3. Focus: The business focuses on one or more narrow market segments, gets
same target market constitute a strategic group. The firm that carries out
Many strategic partnerships take the form of marketing alliances. These fall into
four categories.
a new product.
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2. Promotional alliances: One company agrees to carry a promotion for
company's product.
collaboration. Hotel and rental car companies often offer mutual price
discounts.
organizational structures to support them, and many have come to view the
the unit has decided to attain technological leadership, it must strengthen its
products, train its technical sales force, and communicate its technological
leadership.
profits for the stockholders. A company might aim to delight its customers,
perform well for its employees, and deliver a threshold level of satisfaction to
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its suppliers. It must not violate any stakeholder group's sense of fairness about
creates a high level of employee satisfaction, which leads to higher effort, which
leads to higher - quality products and services, which creates higher customer
satisfaction, which leads to more repeat business, which leads to higher growth
and profits, which leads to high stockholder satisfaction, which leads to more
investment, and so on. This virtuous circle spells profits and growth.
all of which start with the letters- in successful business practice. The first three-
strategy, structure, and systems- are considered the "hardware" of success. The
next four - style, skills, staff, and shared values- are the "software."
The first "soft" element, style, means company employees share a common way
of thinking and behaving. The second, skills, means employees have the skills
needed to carry out the company's strategy. Staffing means the company has
hired able people, trained them well, and assigned them to the right jobs. The
fourth element, shared values, means employees share the same guiding values.
When these elements are present, companies are usually more successful at
strategy implementation.
A company's strategic fit with the environment will inevitably erode because
the market environment changes faster than the company's seven Ss. Thus, a
company might remain efficient yet lose effectiveness. Peter Drucker pointed
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out that to "do the right thing"- to be effective than "to do things right" to be
ones, are subject to inertia. It's difficult to change one part without adjusting
to examine the changing environment and adopt new goals and behaviours.
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1.8 Objective
ComConnection.
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1.9 Research Methodology
can say it as it is addition in the existing knowledge stock for making that topic
Data source
These two types of data that is primary data and the secondary data which is
used in the research of the report. Data collection is done based on the topic
given to the researcher and he or she finds out about the topic and its related
issues.
My Research uses both kinds of data that is primary data and the secondary data
which includes different materials like the primary data includes the
1. Primary Data: Primary data (also called first hand or raw data) is the data
originates for the first time through researcher’s direct efforts and
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Primary data collection is an expensive process because the researcher is
case studies, naturalistic observation, etc. Thus, making it well suited for
2. Secondary Data: The data which is collected by someone else for some
other purpose but utilized by the researcher for another purpose is called
website, journals, reports, etc. Its ability to cover large databases makes it
virtual/online firm, there was not any financial data about the company to
begin with. If it was only after the internship that the firm had acquired any
✓ Data gets obsolete with the passage of time: Having done the internship
over 6 months ago, it is natural that the data we collected has become
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obsolete. Since then, there have been changes in department heads, changes
✓ Access to certain records and data remains restricted: Being just a start
- up, and that too working there as an intern, we were mainly restricted from
the data about the company. I was unable to find out about the Profit and
Loss Account or the Balance Sheet of the company, data about other
data is less expensive, it raises the question of authenticity. Since I was not
the primary collector of the information and data, there is not much
✓ Data collection is time consuming and costly: Certain parts of the reports
✓ Lack of personal touch (due to lockdown): The internship was held online
messaging app. I was not able to get the physical experience in a real market
environment.
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CHAPTER - 2
20
ComConnection is a 7-month-old online tutoring technology- based start- up
founded in May 2020 by Kritika Khera. The company has a network of several
students, learners, and scholars. Its curriculum ranges but is not restricted to
class XI and XII academic syllabus, soft skills, time management, and creative
Being a new affirm in the market, ComConnection took into account the needs
and the wants of students at that point of time, who were thought to be very
price sensitive at that point of time, and thus it offered free education in the form
The company also trains students for examinations in India such as various
college entrance exams, including courses like BBA, BCOM, BBA General,
During its early phase, ComConnection took advantage of the time factor and
utilized it by hiring college students as interns, who were looking for such an
experience, which I also became a part of. With the workforce ready, as
their interns, by virtue of social media, and the infamous “Share” option
available in almost all the prospering social media platforms right now.
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As an outcome, it attracted a huge crowd towards its initiative. A 600 -
subscriber base in the first two months on YouTube and then doubling it in no
time, ComConnection has been uploading videos since and has acquired more
Its Unique Selling Proposition is that everyone has their worth and each
contributes to the worth of the others, and thus is spreading their reach to various
social media platforms like Instagram, YouTube, our own Website, and an App
1. Connectivity
2. Consultancy
by our professionals. In this great wide world, where a student has a great
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regrets are a whole lot more common than the previous decade or so.
Confusion and regrets only breed future stress, which of course, is not a sign
selection.
3. Academics
known that XI & XII are the most crucial classes for a student. These are
the times when there is a lot of pressure on the students, be it from schools,
focussing on the Commerce subjects but also common subjects like English
and Mathematics.
4. Development
market, freelancing, etc. free, as we are not providing these courses right
now. However, we have collaborated with Fin Ladder to provide you all
b. Making an impact
d. Professional Etiquettes
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5. Talent Showcase
ComConnection provides you a platform where you all can highlight your
achievements to motivate others. You can tell your talent and we will ensure
human being has been blessed with different abilities, talents, and
capabilities. We all differ from each other in that we have different interests
and thus it also offers a platform for the students. ComConnection believes
potential.
learned a lot. At the end of their project they organised a resume and
Their second project was about public speaking and skill enhancement. So
far, they received positive responses of 25+ students. They trained them
about public speaking and how to become a good orator and a lot more.
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which students can pursue. At the end of the project, held a debate
3. Personality Development
managed and organised their project that they came up with 35+
participants had new experience from it. On the 15th day i.e. an end of the
project, they gave an assignment on the related topic to let them realize how
4. Student Entrepreneurship
The 4th project was also successful. They received 50+ participants. The
project was about student entrepreneurship where the students have learned
how to do business and a lot more about it. They gave a live business to their
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• Mid Term Mission:
They are creating their own App as well as a website. They are providing
professionals on all social media websites, and they are also open to
exclusive deals for their clients in all their services. Also, they intend to
help all for creating various connections in the same background they are
perusing which will always keep the students and professionals up to date.
educating themselves, keeping up with the trends, and adding new services
that they believe will assist in their students and their client’s growth. Their
priority goal is students' success and they’re not satisfied until that goal is
the success of their clients is truly their success; they’d be nowhere without
them.
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2.4 SWOT Analysis
1. Strengths:
almost no such online tutoring organisations in the market now that focus
of ComConnection are Indian students. Being tailored for the Indian market,
services cape. Such an operation ground attracts less operational cost due to
2. Weakness
often seem to doubt about the authenticity of the work they do. As such,
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• Lack of Personal Touch with Customers: The only interaction with the
customers and clients occur online, and thus there is a lack of personal touch
demands for staffs which have a good technological knowhow of how things
• Limited Customer Base: Recent pandemic has, although boosted the need
for Online Education, and showed people its importance in everyday life,
presents a huge market, with several diverse social and cultural groups with
different needs and wants. Being a new firm in the market, it has no
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3. Opportunity
institutes in the market now. This presents a huge opportunity for firms like
• Demand for Free Education: India presents a price sensitive market. There
is also a demand for low cost online education that ComConnection can
4. Threats
• Competition: like any other firm, ComConnection has threats from its
is very low, but with online education on the rise, more firms are bound to
Indian parents are not yet accustomed to the method of online studying.
They believe technology is a burden. A backward mind - set like this can
• Prone to Cyber Breaches: Having a virtual services cape online means that
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CHAPTER - 3
30
A set of questions were asked from the customers of the firm ComConnection,
as respondents for the analysis section of this report by using Google Forms as
31
These were the question asked from the respondents for the
From the above diagram, it can be concluded that 63.5% of the customers would
Above bar graph depicts that most of the customers follow ComConnection on
19.2%, None of the above i.e. other than mentioned modes (19.2%).
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As per the survey, Quality of product as per customer of the com-connection is
“Fine” for 38.5% of the people, “Great” for 30.8% of the people, “Fine, but
there are some issues” for 26.9% of the product and 3.8% of the people felt that
product is “Buggy”.
followed by “Well” for 34.6% customers, “Very Well” for 9.6% customer, and
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From the above bar graph, two features which are most valuable as per the
customers are Content Frequency with 44.2% and Quality Content with 34.6%.
In order to navigate our content, 40.4% people said its regular to navigate,
34.6% said easy to navigate, followed by Very Easy and Difficult by 11.5%
34
From the survey conducted it was found that 57.7% people got the information
they were looking for, followed by maybe 28.8% and 13.5% said No.
According to the Feedback from our customers, 53.9% felt that they had to put
forth small amount of effort to handle their request, 34.6% felt that they had to
put forth a usual amount of effort. However, 11.5% felt that they had to put forth
35
After Analysing the Feedback filled by the customers following can be
summarized:
From the survey conducted it was found that 57.7% of the participant said that
our product was of the “Same” quality in comparison with the other competitors
36
On analysing feedbacks by the customers, it can be summarized as below:
or suggestion and
content,
From the rating on the scale of 0 - 10, we got to know that 16 people (i.e. 30.8%)
followed by 13 people (i.e. 25%) rated 8. However only 3 people (i.e. 5.8%)
rated 10 for further recommendation and only 5 people (i.e. 9.6%) rated 9 for
37
Chapter - 4
38
4.1 Finding
38.5% of the people, “Great” for 30.8% of the people, “Fine, but there are
some issues” for 26.9% of the product and 3.8% of the people felt that as
product is “Buggy”.
in terms of meeting the need of the customer, followed by “Well” for 34.6%
customers, “Very Well” for 9.6% customer, and “Badly” for rest of the
customer.
content, the most valuable feature which our Customers seek are Content
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• In respect of navigation of the content 40.4% people said its regular to
navigate, 34.6% said easy to navigate, followed by Very Easy and Difficult
by 11.5% each and for the rest it was Very Difficult to navigate our content.
people got the information they were looking for, followed by maybe 28.8%
to support this we can see that 53.9% have to put small amount of effort,
34.6% said a usual amount of effort followed by 11.5% said they had to put
a lot of effort.
Responsive, 40.4% said ComConnection was Very Responsive and 7.7 said
unresponsive.
in the market as 57.7% said that our product was same, 38.5% said better
they need to improve it as well for to survive in the market, the analysis
shows that 36.5% people got to know through social media followed by
• On rating scale of 0 - 10, 30.8% people have rated 7 followed by 25% people
rated 8.
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4.2 Conclusion
The topic I chose for my summer training report was to Study the Marketing
keeping in mind both the effectiveness and the efficiency of the task I
of how the market works and gain knowledge of real business environment.
I learned to analyse how theoretical concepts taught are applied and not
able to build a massive customer base during the time I interned there, and
chain of command was properly organised and it served the company a great
deal of benefits. The projects organised were completed in time, the reviews
Along the making of this project, being an intern, I was giving valuable
suggestions for marketing of our Instagram Post, YouTube videos, etc. The
working hour was 4 to 6, 6 days a week during that time schedule I was
given the task which should be completed within the time limit.
abilities and how it would benefit the firm and by the creation of this project,
it’s analysis, and made me understood how real world marketing works.
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4.3 Suggestions
• From the survey conducted, I found that most respondents were introduced
firm on YouTube and keeping up with the new videos are also preponderant.
almost all these people are currently attending higher secondary education
consumer.
• From the findings I saw that most people are happy and glad with the content
quite satisfied with the products and services the company provides. These
changes in the society and constantly look at the praises and criticism of
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BIBLIOGRAPHY
Books
1. Phillip Kotler, Kevin Lane Keller, Pearson’s Publications, “Marketing
Management – 15th Edition”.
2. C.A Ruchi Kansil, Dr. Karishma Gulati Trehan, “Research
Methodology”.
3. T.N. Chhabra, Ankur Chhabra, “An Introduction to Marketing
Management”.
4. Prof. M.K.Rampal, Dr. Rajeshwari Malik, “Service Marketing”.
Websites
5. https://en.wikipedia.org
6. https://www.investopedia.com/
YouTube
7. https://www.youtube.com/channel/UCN6muPHoL8cREWTlHj53x8g
Journal
8. ComConnection Proposal 2020
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ANNEXURE
Customer Feedback
Greeting Dear Customer, this is the survey to analyse the Effectiveness of
Marketing Strategy of ComConnection for College Project.
Thank You for your valuable feedback
Name: *
Age: *
Sex: *
○ Female
○ Male
○ Prefer not to say
Occupation: *
○ School Student
○ College Student
○ Professor/Teacher
○ Other:
3. Which of the following word would you use to describe our product? *
Buggy
○ Fine, but there are some issues
○ Fine
○ Great
○ Life-Saving
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4. How well does our product meet your needs? *
○ Badly
○ Fine
○ Well
○ Very Well
7. Did you find the information you were looking for on our video’s? *
○ Yes
○ No
○ Maybe
8. How much effort did you personally have to put forth to handle your
request? *
○ A lot of effort
○ A usual amount of effort
○ A small amount of effort
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10. Compared to our competitor's, is our product quality better, worse, or
about the same? *
□ Better
□ Same
□ Worse
1 2 3 4 5 6 7 8 9 10
Not Very
Likely
○ ○ ○ ○ ○ ○ ○ ○ ○ ○ Likely
46