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Entrepreneurship Market Survey

Cbse class 12 project of ent market survey
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0% found this document useful (0 votes)
10 views18 pages

Entrepreneurship Market Survey

Cbse class 12 project of ent market survey
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 18

List of Contents

• Objectives of the Project


• Introduction
• Market Research
• Products and Services
• Pricing
• Competition
• Unique Selling Proposition (USP)
• Statistics
• Market Survey
• Purpose and Methodology
• Key Findings
• Conclusion and Suggestions
• Summary of Findings
• Recommendations
• Bibliography
Objectives
1. To understand the core services
and features offered by LinkedIn.
2. To analyze LinkedIn’s pricing
strategies, including free and
premium memberships.
3. To evaluate LinkedIn’s market
position in comparison to competitors
like Glassdoor and Indeed.
4. To identify LinkedIn’s unique
selling proposition (USP) and its
impact on user engagement.
5. To examine user satisfaction
levels through a market survey.
6. To gather insights into the
effectiveness of LinkedIn Learning as
an educational tool.
7. To analyze LinkedIn’s role in
connecting professionals and
facilitating job searches.
8. To explore LinkedIn’s revenue
growth and user base statistics.
9. To assess how LinkedIn supports
businesses, recruiters, and individual
users.
10. To provide actionable suggestions
for LinkedIn to improve its services
and expand its market reach.
Introduction

LinkedIn, founded in 2003, is the world’s


largest professional networking
platform, connecting individuals and
businesses globally. With over 900
million members, it serves as a hub for
job seekers, recruiters, and
professionals to network, share content,
and grow their careers. LinkedIn offers
services like job postings, professional
connections, and LinkedIn Learning,
which provides skill-enhancing courses.
Its premium memberships provide
additional features, such as advanced
networking tools and insights. As the go-
to platform for professional growth and
hiring, LinkedIn has established itself as
a key player in the professional
networking industry, bridging the gap
between talent and opportunity.
Market Research

1. Products and Services

LinkedIn offers various features catering


to professionals, job seekers, and
businesses. Core services include job
postings, professional networking, and
content sharing. LinkedIn Learning
provides online courses to upskill users,
while premium memberships unlock
advanced features like InMail, job
insights, and analytics. These services
create a comprehensive ecosystem for
career growth. Companies use LinkedIn
for hiring, branding, and marketing,
making it indispensable in the
professional world. By combining
networking with skill-building and
recruitment tools, LinkedIn stands out
as a platform designed to enhance
productivity and connectivity across
industries.
LinkedIn
|
|-- Products & Services
| - Job Postings
| - Networking Tools
| - LinkedIn Learning
| - Premium Memberships
|
|-- Pricing
| - Free Tier
| - Premium Plans
(₹1,500–₹7,500/month)
|
|-- Competition
| - Glassdoor (Job Reviews)
| - Indeed (Job Postings)
| - Upwork (Freelancing)
|
|-- USP
| - Networking + Upskilling +
Recruitment
| - Unique Career Tools
|
|-- Statistics
- 900M Users Globally
- 40% Daily Active Users
- India's 2nd Largest Market
2. Pricing

LinkedIn operates on a freemium model,


offering both free and paid plans. The
free version provides essential
networking and job search features,
while premium plans include Career,
Business, Sales Navigator, and Recruiter
tiers. These range from ₹1,500 to
₹7,500 per month in India, depending
on the features. Premium subscriptions
offer advanced tools like enhanced
search filters, insights into who viewed
your profile, and targeted job
recommendations. This tiered pricing
ensures LinkedIn serves a diverse
audience, from individual professionals
to large corporations. The flexible
structure balances accessibility with
added value for users willing to invest in
premium services.
3. Competition

LinkedIn faces competition from


platforms like Glassdoor, Indeed, and
Upwork. Glassdoor focuses on job
reviews and company insights, helping
candidates evaluate employers. Indeed
specializes in job postings and
applications, offering a straightforward
interface. Upwork targets freelancers
and project-based work, connecting
them with clients. LinkedIn’s
competitive advantage lies in its
comprehensive approach, integrating
networking, job search, and skill
development on a single platform. This
unique blend appeals to professionals
looking for more than just job
opportunities, positioning LinkedIn as
the leader in professional networking
and career advancement.
4. Unique Selling Proposition (USP)

LinkedIn’s USP lies in its ability to


combine professional networking,
upskilling, and recruitment on a single
platform. Unlike competitors, LinkedIn
allows users to build connections,
access industry insights, and enhance
skills through LinkedIn Learning.
Features like endorsements,
recommendations, and curated content
provide value beyond job applications.
Its premium offerings, such as InMail
and detailed analytics, further enhance
the user experience. This unique
integration makes LinkedIn an essential
tool for professionals, businesses, and
recruiters, giving it a distinct edge in the
market.
5. Statistics

LinkedIn has over 900 million users


globally, with India being its second-
largest market. Approximately 40% of
users are active daily, highlighting its
engagement levels. LinkedIn Learning
saw a significant increase in users
during the pandemic, reflecting its role
in upskilling. Over 58 million companies
have a presence on LinkedIn, and it
generates billions in annual revenue
from ads, premium memberships, and
other services. These statistics
underscore LinkedIn’s dominance in the
professional networking space and its
role in shaping modern career
dynamics.
Market Survey

The market survey for LinkedIn aims to


understand user preferences,
satisfaction levels, and the platform’s
effectiveness in meeting professional
needs. A questionnaire was distributed
among LinkedIn users across various
demographics, including job seekers,
recruiters, and businesses. The survey
explored the features they use most,
their thoughts on premium
memberships, and suggestions for
improvement.

Key findings indicate that LinkedIn is


widely appreciated for its networking
tools and job postings. However, some
users find premium memberships
expensive and prefer more affordable
options. LinkedIn Learning emerged as a
valued feature, especially among
professionals seeking skill development.
Many users suggested adding more
localized job postings and enhancing
content algorithms to match their
interests better.
The survey also revealed LinkedIn’s high
engagement levels, with users
accessing the platform regularly for
industry updates and connections.
However, competition from platforms
like Glassdoor and Indeed remains a
concern. The insights gathered provide
actionable feedback for LinkedIn to
enhance its offerings, retain users, and
expand its reach.
10 Key Findings from the Market
Survey
1. Most users access LinkedIn for
networking and professional
connections.
2. Job seekers find LinkedIn’s job
postings feature very effective.
3. Recruiters value LinkedIn for
sourcing talent and professional
insights.
4. LinkedIn Learning is popular
among users aiming to upskill.
5. Some users perceive premium
memberships as expensive.
6. Localized job postings and
improved content recommendations
are frequently suggested.
7. The platform is regularly used for
sharing and consuming industry
updates.
8. Users appreciate LinkedIn’s clean
interface and professional
atmosphere.
9. Competition from platforms like
Glassdoor and Indeed poses a
challenge.
10. Many users believe LinkedIn could
improve its mobile app experience.
Conclusion and Suggestions

Conclusion
1. LinkedIn remains the leading
professional networking platform, with
a robust user base and high
engagement levels.
2. Features like job postings,
networking tools, and LinkedIn
Learning are highly valued by users.
3. Premium memberships provide
advanced features but are often
considered expensive by some users.
4. LinkedIn effectively supports job
seekers, recruiters, and businesses,
bridging the gap between talent and
opportunities.
5. User feedback highlights areas for
improvement, such as localized job
postings, better content algorithms,
and an enhanced mobile experience.

Suggestions
1. Introduce affordable premium
membership plans to cater to a
broader audience.
2. Enhance the content
recommendation algorithm to match
user interests more effectively.
3. Expand localized job postings to
attract more regional users.
4. Improve the LinkedIn mobile app
for smoother navigation and
accessibility.
5. Add more interactive features,
such as virtual networking events and
webinars, to increase user
engagement.
Bibliography
1. Books:
• Social Media Marketing: Principles
and Strategies by Tracy L. Tuten
• The LinkedIn Guide for
Professionals by Melanie Dodaro
2. Websites:
• LinkedIn Official Website:
https://www.linkedin.com
• The Economic Times:
https://economictimes.indiatimes.com
• Business Insider:
https://www.businessinsider.com
3. Reports and Articles:
• LinkedIn Annual Reports: Insights
on user growth and engagement.
• Market research reports from
Statista and IBISWorld.
4. Case Studies:
• LinkedIn’s expansion in emerging
markets like India.
• The role of LinkedIn Learning in
professional upskilling during the
pandemic.
5. User Survey Data:
• Responses collected through
questionnaires distributed to LinkedIn
users.

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