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“A STUDY ON CUSTOMER SATISFACTION TOWARDS ONLINE

SHOPPING IN RETAIL INDUSTRY”


Project submitted to the
MOHAMED SATHAK COLLEGE OF ARTS AND SCIENCE
(Affiliated to university of madras)
In partial fulfillment of the requirements for the award of the degree of
BACHELOR OF COMMERCE
(INFORMATION SYSTEM MANAGEMENT)

Submitted By
ESTHERRAJATHI JENIFER G (Register No: 421900141)
KAVITHRA G (Register No: 421900144)
MEGALA A (Register No: 421900145)

Under the Guidance of


Dr. M. SURESH, M.Com., M.Phil., Ph.D.

P.G.DEPARTMENT OF COMMERCE
MOHAMED SATHAK COLLEGE OF ARTS AND SCIENCE
SHOLINGANALLUR, CHENNAI - 600119
APRIL - 2024
BONAFIDE CERTIFICATE

This is to certify that the project work titled “A STUDY ON CUSTOMER

SATISFACTION TOWARDS ONLINE SHOPPING IN RETAIL


INDUSTRY” is a bonafide work done by ESTHERRAJATHI JENIFER G
(Register No: 421900141), MEGALA A (Register No: 421900145), KAVITHRA G
(Register No: 421900144) in partial fulfillment for the award of the degree Bachelor of
Commerce (Information System Management) of madras university during the year april-2024.

Signature of the H.O.D Signature of the Guide

Internal Examiner External Examiner


DECLARATION

I hereby declare that the project work entitled “A STUDY ON CUSTOMER


SATISFACTION TOWARDS ONLINE SHOPPING IN RETAIL INDUSTRY” submitted by
me in partial fulfillment of degree of Bachelor of commerce (Information System Management)
is our original work and this project work has not previously formed the basis for the award of any
degree. It has not been submitted to any other university or institution for the award of any degree
or diploma.

Place: Signature of the students

Date:

ESTHERRAJATHI JENIFER G (Register No: 421900141)

KAVITHRA G (Register No: 421900144)

MEGALA A (Register No: 421900145)


ACKNOWLEDGEMENT

First and foremost I would like to register my deep sense of gratitude to the college
management for having permitted me to do my B.COM ISM degree in this college and I most
respectfully thank our Dean Dr. R. MEGANATHAN, M.Com., M. Phil., MBA., SET. Ph.D.,
and I most respectfully thank our Principal

I most respectfully thank our Principal Dr. H. ABIRAMI, M.Sc., M. Phil., SET., Ph.D., for his
support and encouragement in this work and I most respectfully thank our Vice-Principal
Dr. O.S AYSHA, M.Sc., M. Phil., SET for his support and encouragement in this work.

I gratefully acknowledge the continuous encouragement, rendered by Dr. M. SURESH,


M. Com., M. Phil., Ph.D. Head of the Department of Commerce (ISM), and Guide for providing
their extreme support and guidance in compiling this work.

I also would like to thank the faculty members of the PG Department of Commerce (ISM)
for their suggestions in further shaping and designing this work.

I also like to express my respect to parents for their co-operation and guidance to complete
work in time, and I also thank one and all who have helped me to prepare this dissertation.
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1.1 INTRODUCTION

Historically, online marketing was a fairly one-sided approach. Businesses pushed ideas out
and consumers passively received them. But that landscape has shifted. The internet has
become extremely interactive. Social media has created a new style of communication and
there are now billions of conversations happening online. People are discussing popular news
articles, sharing photos of their pets, and even engaging with brands. And it all feels
relatively natural to the consumer. It's just part of how the web operates.

All of these conversations present exciting opportunities for marketers. We can join in on a
conversation to drive brand awareness, or create our own conversations and empower our
customers to do the marketing for us. Social media marketing is all about creating interactive
moments with our customers to achieve a goal we've defined. Most often that goal is to gain
traffic to our website or attention on our brand. But unlike other forms of marketing, social
media taps into the idea of using your customers as a marketing vessel.

The content that you share will hopefully be liked, retweeted, shared again, blogged about,
and so on. This viral effect is what makes social media marketing so effective. A simple like
on a post could expose that content to hundreds of potential customers you normally wouldn't
have access to. Because social media is so personal, when friends share content, it comes
with another layer of credibility. Done right, social media has the potential to transform your
business. However it'll require a good strategy, some creativity, and a little bit of luck.

Done wrong and social media might bring unwanted attention which could potentially harm
your business or your brand image. We’re going to focus mainly on the organic aspects of
social media marketing. More specifically, the unpaid and natural approach to distributing
content. For many brands, social media will be a must have component of your digital
marketing strategy. Your social media might feature the major networks, or it could be as
simple as a blog, a customer forum or a small niche bookmarking site.

We will be focusing on marketing with the big two: Facebook and Twitter. Now, these two
networks are not the same. Each is unique and has its own best practices, style and audience,
and we'll explore their differences together in a later movie. Social media is a moving target.
If you're able to adapt and scale alongside of it, your brand will benefit in the long term.

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Different Methods of Social Media Marketing
Social network marketing is popularly called as Internet marketing. Today you can find many
ways for internet marketing. Many people who enter this online marketing are less worried
because of its guaranteed success. If you see in Internet totally all types of products has been
marketed online without much effort. Internet attracts many business people to promote their
business online. Social network marketing is grown to such a height that today many people
can’t earn without it.

Some of the most recognized network marketing tools are Face book, MySpace and
LinkedIn. Twitter became regular place for people who have newly entered the field of social
network marketing.

1. BLOGGING: When you start Blogging or posting your data about any product, you can
see less response from clients. Later it will become big business via blog. Websites and blogs
are most powerful tools for social network marketing when matched with other networking
tools. Blog is an amazing tool which provides many other facilities in addition to just
marketing your business. It also helps you to communicate with other clients in case if you
have any problems.

2. WEB DESIGN : It is important to have private website if you are a freelancer. Your
website will help your clients to know about you and it will make them clear that you are a
serious freelance marketer and help to make huge revenue via online marketing.

3.ARTICLE SELLING: It is also best and cheap internet marketing method. It is a


mode of advertising our trade just by writing articles and attracting endless number of users
across world. We usually sell our articles to different article database websites and article
directories. Today it provided free business to many advertisers and publishers and they are
really benefited through their articles.

4. EMAIL SENDING: Electronic mail sending is the best way to marketing. Collect list
of email addresses through portfolio websites and email about your business to all internet
users. Your Email should be attractive in such a way that your recipient will be impressed to
get back to you.

5. USE SOCIAL NETWORKING WEBSITES: Social networking websites like


Twitter, face book can be used to promote your sales. These provide best platformfor all who
are thinking of online marketing.

6. VIDEO PROMOTION: Use several video distribution websites for your marketing.
These websites uploads your service to the whole world. All that you need to do is film a
video about marketing and send it to video uploading sites like You Tube. It seems it is the

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easiest way of marketing than any other modes since many people will be interested in view
videos rather than word form of advertisement.

Digital Marketing and Internet Marketing


The fields of marketing and advertising have changed over the years and it is clear that they
have always taken advantage of the existing technologies. In the past, when the concept of
the internet was still unimaginable to many, most businesses capitalized on traditional
channels of marketing such as television, radio, print, and billboard ads. Yes, they are still
used by many companies today and if used effectively, they can give big income returns to
your business.

When the internet was born, it transformed the world into a global village. People in different
time zones can now communicate in a click or press of a button. The internet has become so
diverse that even things from your imagination can be found in some corners of World Wide
Web. Today, there are two billion internet users; thus, it gave way to the conception of new
breeds of marketers and advertisers.

What is Digital Marketing?

Digital marketing refers to the use of electronic devices such as computers, tablets,
smartphones, and digital billboards, among others, to interact with consumers. It can also be
defined as the promotion of brands, products or services using different forms of digital
media to reach and engage customers in a timely, relevant, personal and cost-effective way.
Compared to traditional forms of marketing, digital marketing is less expensive and you can
have instant access to tangible feedbacks and reports about who saw or heard the ad, and took
action. With digital marketing, you can see how a campaign performs in real-time – what is
being viewed, how often, duration, and even statistics such as sales conversions.

How is it different with Internet Marketing?

The internet plays a significant role in digital marketing which is why people tend to assume
that it is synonymous with Internet Marketing. Nevertheless, they are somewhat different in
the sense that internet marketing is just one of the categories of digital marketing.

Internet marketing involves marketing approaches such as search engine optimization (SEO),
social media marketing, and pay-per-click, to mention a few, while the use of podcasts, fax
broadcasts, text blasts, instant messaging, mobile apps, and digital telephony and video,
among others, as marketing channels narrow down the definition of internet marketing.

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India Digital Marketing Statistics – 2016
As per a recent report by Boston consulting group, India has one of the largest and fastest
growing populations of Internet users in the world—190 million as of June 2014 and growing
rapidly. India already has the third largest Internet population in the world today, after China
with 620 million and the US with 275 million.

In addition, India already has 100 million active Facebook users today, the second largest
number after the US and Canada with 152 million. As one fast forwards, it is estimated that
there will be over 500 million Internet users in India by 2018—making India the second
largest population of Internet users in the world. The growth in the Internet base in India has
been exponential. It took 20 years from the introduction of the Internet to reach 100 million
users. The second 100 million will likely be reached within three years, and the third in less
than a year. In fact, the next four years will see nearly 350 million additional Internet users.
The primary drivers of this exponential growth have been expansion to small town / rural
India, increased affordability due to lower cost data-enabled handsets, and the ever increasing
awareness of, and need for, the Internet.

Graph No. 1.1

Fig Graph for reach of population towards Internet usage

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NEED
Social Media is the current big buzzword in the world of Internet Marketing, and with
good reason. It is already such a big part of the Internet culture. It is here to stay and should
be ignored by marketers, or indeed anybody, at their peril. It is important to understand WHY
people use these websites, as there is a broad demographic on these sites. Some people use
them for business purposes, to network and find new deals. Then there are others who use
social networking sites for purely personal reasons and are totally oblivious to the fact that
there is a business presence in the social networking environment at all.It is fascinating to see
that there are so many different things going on in one place, and even more incredible that
they seem to all work in harmony.

IT IS NEEDED:

1. To know the opinion of people for social networking sites, how do they use it, what
are the sites they use and how these sites help them in socializing

2. Formulate and implement marketing strategies for branding, promoting and


communicating the information to the customers.

3. What are the attractive form of advertisements and improve the quality of
advertisement

4. Are we reaching the right audience, and if so, are we reaching them effectively?

SCOPE

1 Sample size: The sample had to be restricted to 50 respondents only from the total
people visited 4fins.
2 Time: Time duration given for this project was 60 days.
3 Personal biases: Personal biases of the respondents while answering the
questionnaire as survey could not go into personal details

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1.2 OBJECTIVES

 To find five most effective strategy of social media marketing.

 To find out the awareness of social media marketing.

 To find effective brand communication for social media promotion.

 To study key business divers at Finacus solution Private limited.

 To study key trends in social media marketing

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1.3 RESEARCH METHODOLOGY

To analyze and find the effectiveness of communication strategy in developing brand,


communication through social networking sites was done with the survey method and content
analysis in the research.

This research concentrates on collecting and thereby analyzing the collected data systems to
re solve problems that are selected by the researcher. In a way, this research has got wider
meanings. For some people reading books or surfing the internet for information is research.
As a matter of fact these activities are just some part of the entire job. Basic research
structures are related to the sense of collecting authentic and original data and in the same
way analyzing these data thoroughly as well methodically to derive the result that lay
underneath. Here, data does not necessary mean any numerical. Words too are data.

The function of marketing research is to connect the target consumer to the seller or the
marketers. The modes of this connectivity are through information that is specifically used
for the purpose of to identifying and relevantly defining the aspects of marketing. Elements
of generating refined modes of marketing action; dealings with opportunities and problems,
monitoring the recent and past marketing performance; and above all improving marketing as
a process are integral to it. Marketing research uses the sources of information to address
selective issues; like those of designs that helps in collection information and thereby
implements and manages entire data collection process. It further analyses the results along
with the communication for deriving the findings and their ways of implication.

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Methods of data collection:
Methods were used for data collection are,

 Contact Methods : It typically consist of mail, phone, personal interaction, and


various online methods. We had conducted this method by contacting the audience through
phones, mail, personal interaction and online information portals
We had prepared a questionnaire which we asked our customers to answer them,

 The Survey Method: It helped to identify the reach of the brand among its target
audience, ways of impact, usage of these social networking sites and access to these
form of communication.
Surveys are the most common method of collecting Primary Data. Surveys are the
best way to get the descriptive information that you need for your marketing
intelligence. Simply put, surveys collect data by asking other people a series of
questions about their personal knowledge, emotions, attitudes, preferences, and
buying behaviors. Surveys can provide you a wealth of data. There is always a
golden nugget, a piece of data that can give you the insight you need to figure out the
direction of your next campaign. However, there are drawbacks to the data you collect
via surveys. Often people just don't recall some of the information that you are asking
for, and as a result, they are unable to answer the questions. Therefore the response
that they give will not be the complete truth, it may be something that they feel you
want to hear. Sometimes people are unwilling to provide information that they might
deem "private". This prevents completely truthful responses, and it skews the data
that you are analyzing. If the responses seem too good to be true...they just may be.

 The content analysis: Another method used to analyze the communication


strategy of different social networking sites with certain parameters among top three
Indian social networking sites which are tabulated with results.

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1.4 LITERATURE REVIEW

Kaplan and Heinlein (2010) define social media as “a group of Internet based
applications that build on the ideological and technological foundations of Web 2.0, and
allow the creation and exchange of user generated content.” According to Kaplan and
Heinlein (2010) web 2.0 is a platform where content is continuously altered by all operators
in a sharing and collaborative way. Web 2.0 is a web based technology which helps to create
highly interactive platforms through which individuals and communities share, co-create,
discuss and modify user –generated content. Social media are the websites which are build
upon the technological foundations of web 2.0 that help a user to create user generated
contents that can be shared. This technology allows a user to create and publish the content
on the social media networks. This information can be shared with other members of the
social media website, who are connected with the user. This process is interactive where
other members can also respond in different ways. Mangold and Faulds (2009) describe
―social media as the set of online word of mouth forums which includes blogs, discussion
boards, forums or social networks to name a few. Using all mobile and web-based
technologies, social media creates highly interactive platforms by bringing together
individuals and creating communities. Internet has a lot of websites; each of them has
different functional attributes and caters to different sections of society. Websites like
facebook are for general masses but LinkedIn is focused on professional networking. Media
sharing sites (i.e. YouTube, Picassa and Flickr) or blogging platforms (i.e. blogspot,
wordpress) are also members of this ecosystem called social media (Kietzmann et al.,
2011).Social media has equipped the organization to establish an direct relationship with the
consumers. Both of the organizations and consumers are free to generate content on the web
pages, which further leads to conversations and discussion. Organization on one end are
provided with an opportunity to share their information with a large base of customers and on
the other end consumers are also free to publish any content whether positive or negative
regarding the information.

Social media marketing is a new marketing strategy which almost every business is adopting
to reach their consumers on the virtual networks. If you have an idea and you want it to reach
millions, at a very little cost, then social media is the only way-out. Entertainment companies
were the first to adopt the social media as a promotional tool. Weinberg (2009) has defined
social media marketing as the process that empowers individuals to promote their websites,

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products, or services through online social channels and tap into a much larger community
that may not have been available via traditional channels. So if we keep it simple, social
media marketing is the process where organizations use social media websites to build rush
on their company official websites. It does not stop here but organizations also inform the
potential customers of happenings in the organization, launch of the new model or product
and latest news about the organization through social media applications. Gordhamer (2009)
has related social media marketing to the relationship marketing where firms need to shift
from “trying to sell” to “making connections” with the consumers. This explanations of social
media marketing takes us to the other side of marketing, where building relations with the
potential consumers is the key to repeated purchases and enhanced brand loyalty. Social
Media is an innovative tool that organizations use for creating a very strong public relation
with the customers on the virtual networks (Jan & Khan, 2014). Maintaining public relations
through social media has become easy because a large number of potential consumers are
available on the virtual networks. And making connection with consumers using social media
is only some clicks away. Today‟s customers are more powerful and busy; therefore,
companies should be reachable and available in every social media communication channel
such as Face book, Twitter, Blogs, Forums at any time (Gordhamer, 2009). Exploiting the
opportunities provided by the social media communication channels is important for every
organization.

Dimension of the Social media marketing (Asa’ad, &Anas, 2014) There are five dimension
of the social media marketing, which means these five things are required to create
connections with consumers or to building traffic to company websites.

Online Communities: A company or business can use the social media to build a community
around its products/business. Vibrant communities create loyalty and encourage discussions,
which can contribute towards business development and improvement. (Taprial, &Kanwar,
2012).

Interaction: A Facebook page or Twitter account can notify all its followers of specific
subject quickly and simultaneously (Berselli, Burger, & Close, 2012). Social networking sites
enable greater interaction with the online community through broadcasting up-to-date,
consumer relevant information. (Fischer, &Reuber, 2011)

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Sharing of Content: The sharing dimension is about the extent to which an individual ex-
changes, distributes and receives content in a social media setting. (Babac, 2011)

Accessibility: The social media is easily accessible and takes minimal or no costs to use.
Social media is easy to use and does not require any special skills, knowledge to use.
(Taprial, &Kanwar, 2012)

Credibility: It is all about delivering your message clearly to the people, establishing
credibility for what you say or do, connecting emotionally with your target audience,
motivating the buyer and generating loyal customers. The social media provides a very good
platform for all businesses (big or small) to network and reach out to their target audience,
connect with them directly and generate trust by listening to what they have to say. (Taprial,
&Kanwar, 2012)

This finally leads us to redefine the Social media marketing on the basis of functional
block of the social media websites. “Social media marketing is a process where seven
functional blocks (identity, conversation, sharing, presence, relationship, reputation and
groups) of a social media website are utilized for promotion of a brand, organization, political
party, a personality, an idea or an event.” So when we use social media for promotion of an
idea or a product that is social media marketing.

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1.5 LIMITATIONS OF THE STUDY
 Sample size- The sample size was small which comprises only 50 respondents from
total visited customers.

 Personal bias- The survey did not want to go into personal details and stick only to
job and organizational related issues and there was a personal bias of the respondents
while answering the questionnaires.

 Time Duration: Time duration in the organization was only 60 days and hence there
was a time constraint.

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PART 2

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2.1 COMPANY PROFILE

Over the past several years, Finacus has grown as a trusted and competent banking solutions
and payment systems partner for over 100 financial institutions.

Our customers range from Public Sector Banks, State Cooperative Banks (SCBs), District
Central Co-operative Banks (DCCBs), Urban Co-operative Banks (UCBs) spread across
India as well as overseas. Our international clients based in Africa are initial steps towards
the global presence. Finacus is empaneled as a vendor for customized software development
by National Payments Corporation of India (NPCI) which is an umbrella organization for all
retail payments systems in India. Our switching products like FinCONNECT &
FinMOBICONNECT have been concurrent with the infrastructure developed by NPCI like
National Financial Switch (NFS), RuPay & Immediate Payment Service (IMPS).

Finacus has enabled TJSB Bank to be among the first set of banks to go live on Unified
Payment Interface (UPI) launched by National Payments Corporation of India (NPCI) for
simplifying digital payments at a national level.

Finacus has been a part of Bharat Bill Payment System pilot project launched by NPCI with
first 26 Operating units. Our clients PMC bank and TJSB bank got the first mover's
advantage by participating in this project.

Our recent switching projects include enabling ATM, POS, ECommerce & IMPS for State
Cooperative Bank (SCB) & 17 District Central Cooperative Banks (DCCB) for the entire
state of Odisha in India.

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2.2
VISION
To build robust customer-centric solutions for global banking and emerge as a leading
payments system service provider being highly valued by our customers, partners and
employees.

MISSION

 Implementing customized and service-oriented approach in our


products and services through disruptive innovation.
 Collaborating and Co-existing with partners for strategic
alliances gearing mutual growth.
 Mentoring our people to build powerful leaderships that ensure
market leadership in the long run.

VALUES

Commitment
We take ownership of contributing to our customers' success and keep our vision and values
at the forefront of decision making
Innovation
We set high standards of professional excellence by encouraging innovative ideas into our
products and services.
Integrity
Our fair and ethical approach forms the foundation of our stakeholders' trust

Passion
It's our passion towards path-breaking technology that makes us our customers' competitive
edge.

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TRUST

Finacus has a product basket that deals with financially critical data and demonstrates the
reliability and sustainability of its clients.
Hence, we do understand the importance of regulatory compliances, certifications and
recognitions. We take utmost care to build concrete foundation of our offerings by being
affiliated to and/or connected with most of the ace organizations which command regulation
or breed reliance.

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PART 3

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RESEARCH METHODLOGY

“Research methodology is a method of studying problems whose solutions are to be


desired partly or wholly from the facts. These facts may be statements of opinions, historical
facts, those contents in records and reports, the results of tests, answers to questionnaire,
experimental data of any sort and so forth”

- W. S. Monroe.

TYPE OF RESEARCH: EXPLORATORY

The RESEARCH METHODOLOGY for the project is done with the help of survey
through questionnaire. In this project, the questionnaire was a key tool of research to gain
knowledge about the employee engaging activities and to know responses of the employees
towards these activities.

 Primary Data: The primary data has been collected with the help of personal survey
by using questionnaire AND analytics

 Secondary Data: The secondary data has been collected through following sources:

Monthly Reports of Digital Marketing

Past Survey Data

Data through Internet source

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 Data Collection Tool:

Online Forum

Data
Depth Online
Interview collection Communities

tools

Web survey-
Chats

Research design:
In Research design a Descriptive research has been used. This research study adopted survey
and content analysis in order to find the effectiveness and the impact of communication in
branding any product or the service among the target market through social networking sites
like Face book, Twitter and Instagram.

Survey:
Survey was conducted randomly among Face book, Twitter and Instagram user community,
by sending questionnaire through online to collect the individual opinion from the
respondents.

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Sampling:
Non probability sampling technique is used to collect the opinion from the online
respondents. The total population is social networking user community, but to collect the
effective data the sampling is constrained to 50 respondents of total number of customers
visited 4fins of various age groups like young adults, graduates, businessmen’s etc.

Sample size: 50 customers visited 4fins.

Content analysis
In content analysis, the following three popular social networking sites were selected to find
the effective brand communication among its users (Face book, Twitter and Instagram).

Parameters and units of analysis:


1. Target group: category of audience visiting these sites.

2. Types of advertisements: what are the types of brand communication followed by them?

3. Ads placement: how do these sites place their ad in their pages?

4. Communication strategy: kinds of brand promotion used by them.

5. Visual appealing factors: regarding the appearance of these sites.

6. User Interaction: kinds of participation with the brand.

7. Accessibility: how legibly they present themselves.

8. User interest: the forms of expectations from users in these sites.

9. Customization: the factors that the users could create by themselves.

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3.1 DATA ANALYSIS

 Primary Data: The primary data has been collected with the help of personal
survey by using questionnaire AND analytics

 Secondary Data: The secondary data has been collected through following
sources:
Monthly Reports of Digital Marketing

Past Survey Data

Data through Internet source

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3.2 DATA ANALYSIS AND INTERPRETATIONS

The survey is done demographically on the basis of Age category

QUESTION 1:

What Is your Age?

What Is Your Age ?

0 10 20 30 40 50 60

55 And Above 45-55 35-45 25-35 15-25

ANALYSIS: The bar chart show that maximum people are 15-25 age limit

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QUESTION 2:

How often do you use internet?

ANALYSIS:

INTERPRETATION: The pie chart shows that there are maximum number (46%) of people
who use internet quiet often that is more than 3Hrs a day which states that social marketing
could be effective as people spend most of the time over internet.

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QUESTION 3:

Are you aware of social networking sites?

ANALYSIS:

INTERPRETATION: The pie chart shows that there are maximum number (73%) of people
are aware of social networking sites this states that these sites are useful for marketing on
other hand 27% of people are unaware of it for which survey and campaign should be carried
out for making people aware of it.

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QUESTION 4:

On which of these online communities do you hold a personal account?

ANALYSIS:

INTERPRETATION: The bar chart shows that there are maximum number (82%) of people
are on facebook which states facebook is a most effective tool for social marketing. The
analysis shows there are people on linkedIn as well which can be also used as a tool.

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QUESTION 5:

On which of these online communities do you prefer promoting your


business (if any) for your business?

ANALYSIS:

INTERPRETATION: The bar chart shows that there are maximum number people who
prefer using facebook for their business (if any) this shows that social media marketing is
trending now a days for promoting businesses and facebook is most preferred site.

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QUESTION 6:
Which of this social marketing application have you used for your business in the past
(if any)?

ANALYSIS:

INTERPRETATION: The bar chart shows that there are maximum number(50%) people did
not use any of the application for marketing that states they are unaware of the marketing
applications. People can be told about the marketing applications by various campaigns. This
is the opportunity for 4fins to increase their business.

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QUESTION 7:
Which is most used social networking application used by you?

ANALYSIS:

INTERPRETATION: The bar chart shows that Facebook and Whatsapp are the most used
social networking applications which states they are effective tool for marketing.

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QUESTION 8:
Are you a member of any of the online communities for promoting your business?

ANALYSIS:

INTERPRETATION: The pie chart shows that maximum people (56%) are not member of
any communities on social networking sites which states people only use it to connect with
friends and only 44% use it for communicate with staff members which states now a days
people use it business use also.

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QUESTION 9:
Do view advertisement over any of social media applications given below?

ANALYSIS:

INTERPRETATION: The bar chart shows that many advertisement are showed on Facebook
this states that many marketing companies use it as a tool for marketing. Facebook is the
most popular social networking site.

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QUESTION 10:
What kinds of ads have you come across in these sites?

ANALYSIS:

INTERPRETATION: The bar chart shows that maximum of people came across various
types of advertisements at some point of time which include web banner, video ads, popups,
flash ads etc.

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QUESTION 11:
What kinds of Brand communication attract you?

ANALYSIS:

INTERPRETATION: The bar chart shows that maximum people are attracted by web banner
thus it can be used for brand communication.

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QUESTION 12:
Which drivers do you think makes 4fins different from other competitors?

ANALYSIS:

Which drivers do you think makes 4fins different


from other competitors?

0 10 20 30 40 50 60

Inbound marketing Inbound marketing


Content Optimization Google Authorship
Buisness Blogginng Prevasive Mobility& Responsive Design

INTERPRETATION: The bar chart shows that maximum people think key driver of 4fins is
mobility & Responsive Design which makes it different from other competitors.

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3.3 LEARNING THROUGH PROJECT

I was appointed as a content strategist and digital marketing trainee for two months. Initially
for a week itself I was under training to understand the work culture of the company “Finacus
Solutoins Pvt. Ltd.”.

First week, I was asked to look through pages on Facebook made by “Finacus Solutoins Pvt.
Ltd.”

These were Company was doing its digital marketing. I was asked to look through the pattern
of posts and status uploaded and shared on facebook and instagram and twitter.

I was explained the role I need to play in the company and what all things I need to do as a
digital marketing itern.
Before that I was explained two things on Facebook which I had to know before posting.
That was image of post is called `creative copy` and content with that image was its `creative
status`.
Every brand is associated with its unique code and it is identified in the company by its code.

A briefing about every company was done to me by my senior MR. Suraj Salunkhe.He gave
me a brief introduction as to how to create posts or creative’s for these Brands. I studied
about each company for creating the creative copy.

I made 6 creative copies and creative status and one Video of mobile banking app
introduction video (in Spanish), out of which 3 were selected and 1 video selected for . It was
a big achievement for me that at a very early time my creative copies were sanctioned. These
copies were going to be live on Facebook and Instagram.

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3.4 CREATIVE DESIGNES BY ME

CREATIVE`S STATUS
Introducing the new
application of Mobile
banking. Easy way to
transacton your money.

Now your bank is in your


pocket

35
The new CENCOPAN
Mobile Banking
Application.
Activate in your phone
now.
Finacus Introducing
mobile banking
application.

Login in your app now

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Pay your all payments
using your phone
Gas bill
Light bill
Mobile recharge

Instagram, Facebook and Twitter Analytics


These analytics shows the brand promoted by 4fins and its performance on different
social media applications. It will also help to show the key trends in recent days and its
performance.

1) Instagram Analytics

This analysis is conducted,


 To know the Performance of our client’s Brand's Instagram Account.
 Benchmark the Brand's Performance Against it’s Competitors

Fig.- Snapshot of Instagram Analytics

37
2) facebook Analytics

Measure your Fan Page's amplification, reach, content, and engagement trends, even
determine how users are liking, commenting on, and sharing content from your site.
Large brands can analyze aggregate performance of up to 150 Fan Pages in a single
report and report on all your Global Pages in one place.

 Understand the Impact of Your Social Ad Spend


 Benchmark Your Brand's Performance Against Competitors
 Measure Your Customer Service Efforts on Facebook
 Compare Your Facebook Efforts Against Other Social Networks

Fig.- Snapshot of Facebook Analytics

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3) Twitter Analytics
Get report-ready Twitter analytics to help you improve your content, engagement,
reach and impact.

For this analytics system constantly monitors your Twitter data for new trends and outliers
and automatically adds key insights into your dashboard’s insight stream.

 Immediately identify insights that can shape your strategy


 Learn when to post to drive more engagement
 Pinpoint important spikes in impressions
 Quickly decide what’s working and what isn’t

Fig. Snapshot of Twitter Analytics

39
The info graphic below shows why most of the brands inclining towards paid social media
ads as a key part of their digital marketing strategy in 2016

We have already jumped into a new financial year and most of the businesses are looking for
the latest digital marketing trends that ensure to increase ROI and Profits for the businesses.
It’s always a wise choice to invest your valuable time and money into free and paid
advertising to generate revenue but still lots of things need to be done to make your business
a Brand.

Fig- Graph comparing between different digital marketing strategies

1) Marketing Automation Tools


2) Content Marketing Trend
3) Big data
4) Mobile Marketing Trend
5) Conversion rate optimization(CRO)

TOP 5 EFFECTIVE STRATEGIES :

1) Marketing Automation Tools 2016:


As per the research by The Aberdeen Group -Marketing automation tools can increase
conversion rates by 50%. To avoid the human errors and repetitive task, Automation

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tool will help you a lot. Here is an Info graphic that shows most popular digital
marketing automation tool in 2016
Internet Marketing Tools:
 Site Analytics
 Content Creation
 Social Media Management
 Paid Advertising Report and Analysis

2) Content Marketing Trend 2016:


A unique and valuable content is a key factor of any digital marketing strategy.
Businesses will depend on custom content marketing to generate revenue and to
increase ROI in the year 2016. We have already seen that Modern SEO focus on
custom content marketing, same in year 2016Custom Content Marketing campaigns
will play a vital role for every business as 75% of CEOs believe that custom content
marketing is the future of Online Marketing. Companies will follow many channels to
boost organic results and enhance customer engagement with the help of custom
content marketing campaign. Professional marketers are likely to follow unique and
custom content marketing techniques to target right audience at the right time. In
addition with the above thought entrepreneurs will need to understand that content
marketing is not a single day or one time process but it’s an ongoing process that need
a close watch and result driven planning

3) Big data:
“Big Data To Become Small”. This is a twofold prediction. Firstly the use of masses
of data as an indicator of success will turn to the quality of the data being collected.
This will mean that the variety for each company is likely to decrease, but the specific
data that will be collected will become far more efficient, useful and plentiful. As
companies realize that most of what they collect isn’t being used and just taking up
storage space, this will become more apparent and the use of this data will come
under increased scrutiny.
Secondly, the term big data is likely to become used more infrequently as a business
function, instead this is likely to be broken down into the sum of its parts. Database
management and data science technically fall under the same category at the moment,
when the reality is that they are different. Companies are likely to realize this and use
the term as a catch all rather than a function in itself.

4) Mobile Marketing Trend 2016:


“Mobile friendly” will be the mantra of year 2016. Mobile content marketing will
help to get the momentum in your effort towards a digital marketing campaign. As per

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the recent survey by the end of year 2016, 95% of population will have smart phones
so having a good plan for mobile marketing will be necessary for any organization. In
2016, most of the marketing experts will show their interest into mobile apps market
that will surely help to convert leads into sales. Most of the professional Internet
marketing and web development companies will provide custom mobile applications
to their clients at a reasonable price. Hence adopting mobile technology will be a
trend in year 2016.

5) Conversion rate optimization(CRO):Conversion Rate Optimization (CRO) is the


system by which you increase the percentage of your website visitors who take a
desired action on your website. It means optimizing your website so that a greater
proportion of your traffic finds it useful and informative and does what you want them
to do. Conversion rate is the single most important metric to determine digital
marketing success in today’s world.

Some of the reasons why CRO is such a buzzword on the internet today are as
follows:
It gives great ROI – While acquiring paid traffic can be quite expensive, the
expenditure of increasing conversions is miniscule. To compare, a Small Business
Plan with VWO is equivalent to the cost of around 5 Google Adwords clicks. The
returns generated from CRO can be massive, as even small tweaks on the website can
result in significant increase in sales and leads generated.
It helps you in getting more of the “right” kind of customers – CRO gets you
customers/leads who have evaluated your products/services and want to engage with
you. They are much more likely to turn into loyal customers/promoters for your
business.
It helps to make your website more focused – As you keep doing CRO and
tweaking your website, you discover that you gradually start eliminating all
unnecessary elements from your webpages. Your website becomes more focused on
the primary value proposition your customers are looking for. Thus, CRO helps your
business become better.

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3.5 FINDINGS
Through objectives:

1. To find five most effective strategy of social media marketing-

FINDING: According to the survey the five most effective strategy of social media
marketing are:
1. Marketing Automation Tools
2. Content Marketing Trend
3. Big data
4. Mobile Marketing Trend
5. Conversion rate optimization(CRO)

2. To find out the awareness of social media marketing.

FINDING: maximum people agree to the fact that they spend most of their time over
internet and 74% people of total sample population are aware of the social media
marketing

3. To find effective brand communication for social media promotion.

FINDING: Maximum people agree to the fact Facebook and Whatsapp are observed
as the most used social networking applications and effective for the brand
communication.
4. To study key business divers at 4fins

FINDING: Majority people think key driver of 4fins is mobility & Responsive
Design which makes it different from other competitors.

5. To study key trends in social media marketing

FINDING: The trends of social media marketing are:


o Facebook
o Whatsapp
o Twitter
o Instagram
o Linkedin
According to people communicated during the survey Facebook and Whatsapp are the
most popular trends in social media marketing

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OTHER FINDINGS:

 Facebook and Whatsapp are observed as the most used social networking
applications.
 People use social networking sites for promoting business and have communities for
their business.
 There are minimum people who have used marketing applications in the past.
 Majority of people agree to fact they view advertisements on social networking sites.
 Maximum people are attracted and came across to Web Banner and Video ads.
 Most of the people sees advertisement of Facebook, whatsapp and LinkedIn

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3.6 SUGGESTIONS

1. Communication should be more preferred than advertising. So, if the brand is


communicated well and remembered by the audience, then it is a greatest success to
the company for their promotion through social media.

2. Promotional way of advertising is best: the usual banner ads and video ads attract
them. So advertising must be interactive, promotional and in innovative form to hold
the audience.

3. Advertisement should target the individuals than the mass. If an ad is hosted for a
group then that would be no advantage in delivering specified information.

4. Adding more multimedia elements to have more interactive factors in fan pages and
group would benefit the brand user.

5. Facebook and Whatsapp is the most popular social networking applications and must
be used for social media promotions.

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3.7 CONCLUSION
Communication about the product or service provides a major contribution to brand
competition in the market. It not only provides information about a product or service but
also promotes creative innovation. Besides advertising, it also facilitates consumer
satisfaction. The hidden fact is that no brand can progress without effective communication
strategy to attract their customers or users. Big and small variety of brands nowadays laid
their base on social network communication to get recognized in the target market.

Social networking sites users of Face book, Twitter and Orkut have become a personal,
product and corporate branding hub in India nowadays in digital era. Every brand that exists
on social networking sites has the same core features and benefits, such as the ability to
create a page, share resources, add multimedia and much more. Social networking sites are
filled with potential users who are mainly young adults. They spend more time in these
networking sites due to heavy commercial contents, entertainment and social gathering. So,
product or service communicators throng their ads in these areas with more and more
interactive and with fascinating factors so that their brand identity is developed among the
right choice of focused audience. Advertisers and brands uses social networking sites as the
major resource for their promotion and developing brand identity among the focused market.

46
3.8 BIBLIOGRAPHY

WEBSITES
https://en.wikipedia.org/wiki/Social_media_marketing

https://www.entrepreneur.com/topic/social-media-marketing

https://en.wikipedia.org/wiki/Digital_marketing

3.9 ANNEXURES
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How often do you use internet? *

o Once a week
o 2-3 days a week
o 1-2 hrs a day
o more than 3 hrs a day
o Other:

Are you aware of social networking sites? *

o YES
o NO

On which of these online communities do you hold a personal account? *

o Facebook
o Twitter
o LinkedIn
o Instagram
o YouTube
o None
o Other:

2. On which of these online communities do you prefer promoting your business (if any) for
your business?

o Facebook
o Twitter
o LinkedIn
o Instagram
o YouTube
o Zomato
o None
o Other:

3. Which of this social marketing application have you used for your business in the past (if
any)?

o Facebook Business Pages


o zomato
o Twitter pages
o Google AdWords

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o None
o Other:

4. Which is most used social networking application used by you? *

o Facebook
o Twitter
o Instagram
o Whatsapp
o LinkedIn
o None

5. Are you a member of any of the online communities for promoting your business?

o YES
o NO

6. Do view advertisement over any of social media applications given below *

o Facebook
o Twitter
o Whatsapp
o Instagram
o LinkedIn
o None

7 What kinds of ads have you come across in these sites? *

a. Web banner

b. Pop ups

c. Flash ads

d. Video ads

e. Others

8 What kinds of Brand communication attract you? *

f. Web banner

g. Pop ups

h. Flash ads

i. Video ads

j. Quiz

k. Other:

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