Jiban Project
Jiban Project
DIGITAL MARKETING
by
JEEVAN R.C
Submitted to
Faculty of Management
Tribhuvan University
Kathmandu
Kathmandu
May,201
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Declaration
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Jeevan R.C
Date…………….
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Supervisor’s Recommendation
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Date:
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Endorsement
................................................ ……………………………………...
Prof. Dr. Kamal Deep Dhakal Asso. Prof. Krishna Prasad Acharya
Date: Date:
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Acknowledgment
I owe a special thanks to the staffs of Kumari Bank Limited andMr. Manish
Bhattarai,loan offer at Kohalpur branch of KumariBank, for his continuous
support and time for helping me on the completion of the Project Work. At last, I
would like to remember and thank every individual and my family members for
the continuous support to complete my project work report successfully.
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TABLE OF CONTENTS
Title Page……………………………………………………………..………..i
Declaration……………………………………………………………………ii
Supervisor’s Recommendation……..………………………………………iii
Endorsement………………………………………….…………………........iv
Acknowledgement……………………………………….…………....………v
Table of Content…………………………………………….…………….…vi
List of Tables………………………………………….……………..……..viii
List of Figures…………………………………………….………………….ix
Abbreviation………………………………………...….…………………….x
CHAPTER I: INTRODUCTION…………………..……...……………………1
Background…………………………………………….………………1
Introduction…………………...………………………………....…….2
Statement of problems…………………………………………….........3
Objectives……………………………..………………………………..4
Rationale………………………………….…………………………….5
Review………………………………………….………………………5
Methods…………………………………………………………....…...8
Limitation……………………………………………………………….11
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Summary……………………………………………………………..27
Conclusion……………………………………………...……………28
BIBLIOGRAPHY……………………………………….…….………………..30
APPENDICES……………………………………………….………………….31
List of Table
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Page No.
List of Figure
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Page No
Abbreviation
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Etc. Et cetera
i.e, That is
no. Number
TU Tribhuvan University
Yr Year
& And
USD US Dollar
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CHAPTER I: INTRODUCTION
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1.2 Introduction
The study will be carried out in order to analyze the qualitative aspects of digital
marketing with the help of the analysis of various data and information published
on the internet. Digital marketing can be defined as the process of promoting of
brands using digital distribution channels comprising internet, mobile and other
interactive channels. Any digital channels by a business or company to market or
promote products and services to consumers are referred to as digital marketing.
Different websites, mobile devices, social media, search engines, and similar
channels are used for the purpose of digital marketing. The basic advantage in this
form of advertising lies in its low-cost model. You can extend your reach
tremendously with digital methods as you are not restricted by geographical
boundaries. In digital marketing consumers are also able to convey their reviews,
concerns, grievances and so on back to business. This two way communication is
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very useful for consumer and businesses alike. Digital Marketing can be classified
into Pull and Push marketing. Pull digital marketing technologies involve the user
having to seek out and directly grab (or pull) the content via web searches.
Website/blogs and streaming media (audio and video) are good examples of this.
In each of these examples, users have a specific link (URL) to view the content.
Push digital marketing technologies involve both the marketer (creator of the
message) as well as the recipients (the user). Email, SMS, RSS are the examples
of push digital marketing. In each of these examples, the marketer has to send
(push) the messages to the users (subscribers) in order to receive the message.
There are several types of digital marketing with categories and sub categories.
They are also referred as tools of digital marketing. However, it can be broadly
classified into the following:
Although the use of digital marketing has become important aspects in the field of
marketing, lack of knowledge and information regarding pros and cons of digital
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marketing has resulted in ups and downs in business. The marketers faces many
problems like lack of understanding of what image they are trying to project
digitally, no cohesion of content, living and dying by data etc. They may lack the
path to acquire and grow an audience. Users may misunderstand the importance
of content and there may be less chances of forming relationships and alliances
Digital marketing team requires influencer who can execute their ideas more
effectively otherwise there are high chances of executing bad ideas and dumb and
problems like trying to reach the wrong group and misinterpretation of goods and
services by users may arise.
• Why the digital marketing has become like compulsion for a business to
grow and attain sustainability?
The main objective for this study is to provide full insight on qualitative aspect of
digital marketing. The objective of study is given as follows:
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• To ascertain the use of digital tools for survival, growth and sustainability
of market
1.5 Rationale
The main reason for this study is to provide information about the history,
evolution, tools, advancement and necessity and contribution of digital marketing
in this modern era. It gives the opportunity to be familiar with the real world with
the knowledge of digital marketing. It will be useful in identifying the problems
and the process of solving them. It helps to use the theoretical knowledge in the
practical field, it helps to build the marketing skills of marketer and users, and it
provides the opportunity to know the real world of marketing. This project can be
used as a guideline while preparing a small project report. This project will
provide student an experience in digital market analysis.
1.6 Review
advertising lies in its low-cost model. You can extend your reach tremendously
with digital methods as you are not restricted by geographical boundaries. In
digital marketing consumers are also able to convey their reviews, concerns,
grievances and so on back to business. This two way communication is very
useful for consumer and businesses alike. Digital Marketing can be classified into
Pull and Push marketing.
Pull digital marketing technologies involve the user having to seek out and
directly grab (or pull) the content via web searches. Website/blogs and streaming
media (audio and video) are good examples of this. In each of these examples,
users have a specific link (URL) to view the content. Push digital marketing
technologies involve both the marketer (creator of the message) as well as the
recipients (the user). Email, SMS, RSS are the examples of push digital
marketing. In each of these examples, the marketer has to send (push) the
messages to the users (subscribers) in order to receive the message. There are
several types of digital marketing with categories and sub categories. They are
also referred as tools of digital marketing. SEO, PPC, SMM, Content marketing,
email marketing, mobile marketing, marketing analytics etc are types or tools of
digital marketing.
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Through his research he has presented the various information regarding the
history, evolution, tools and types of digital marketing along with the
complications while performing digital marketing. Through his research it can be
concluded that digital marketing is rapidly replacing traditional tools of marketing
and safe and effective use of digital platforms should be ensured to maximize the
full potential of digital marketing.
After the completion of report major findings were that the digital marketing of
products, services, businesses and any other things would see an increasingly
greater demand in upcoming years .Due to emergence of high speed internet,
electronic gadgets, standard of living has paved the way for the people to buy
products and services using digital platforms.
This report reflects the following research gap between the previous researchers.
The above mentioned report is the analysis of in the similar topic so objectives are
similar but there arises a huge difference in level of data. This report uses only
secondary data to analyse the ratios between the variables so the conclusion may
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not match the previous reports. Therefore, this study is designed to highlight the
actual study of qualitative aspect of digital marketing. However, the lack of
consensus among the researcher requires further investigation; accordingly the
study has been conducted
1.7 Methods
The methodology followed to carry out the field study was as follows:
The term ‘population’ used in statistics denote the aggregate from which the
sample is taken and the term ‘sample’ is that part of the population, which we
select for the purpose of investigation. Population is also known as universe.
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Sample refers to the part chosen from the population. Thus, in statistics,
population means whole and sample means the part of the whole. Since the study
is focused on the marketing, thus, here the population encompasses all the
marketing strategies. Marketing encompasses various types of strategies. Since,
study of the whole population may not be possible due to several factors, thus,
sampling becomes essential to draw inference for the population. So, among
various marketing strategies , one strategy has been selected by using convenient
sampling methods.
1.7.3.1 Primary data. Primary source of data is known as the data which are
collected through observation and direct contact. They are not derived
from any other sources. The primary data are the information collected
during the research period by the observation and involvement.
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1.7.3.2 Secondary data. The secondary data is one which has already been
collected by a source other than present investigator. Secondary data
include both raw data and published summaries. Documentary secondary
data include written such as: books, journal articles, newspaper as well as
administrative and public records. These types of data are collected
through following ways:
1.7.4.1 Observation. The articles, blogs and reports published by persons and
institutions has been observed thoroughly with the help of information on
those source of information conclusions are drawn about the overall
qualitative aspects of digital marketing. Data from the various websites
has been taken specially for secondary data.
Data collected from articles and reports prepared by the experts can be considered
reliable as they go through the proper proofreading. Similarly, data obtained from
the third party websites will also be unbiased and trustworthy as their
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Data analysis deals with the separation of the data collected into various parts for
the purpose of scientific study and interpretation. The various statistical tools has
been used for interpretation of types, evolution and importance of digital
marketing .To evaluate the present condition and performance of a digital
marketing, the analyst needs certain Standard. The standard frequently used is a
index relating two pieces of data to each other. Analysis and interpretation of
various information should give experienced and skilled analyst a better
understanding of the present condition and emergence of the strategy, than they
will obtain from analysis of the information and data alone.
The entire data and information of the report will be collected from the articles
and reports of the experts and concerned websites. This study is for the partial
fulfillment of BBS 4th year. Though best possible efforts have been made to
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prepare this fieldwork report, this report is not still free of some limitations. The
limitations inherit in this report are:
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With every year we see that there are new tools, platforms, and technologies
making their appearance in the digital marketing world. Digitally marketed
products are available to consumers at all times of the day or night.
Facebook is the most popular platform, with 99% of marketers using social media
network. Twitter follows, with 97% also using it.
However, there is now a move towards Instagram, especially for the younger
generation, or ‘millennials’, preferring it over other social media platforms.
Two basic digital marketing strategies used by current and potential customers.
These two types of digital marketing are called the “Push” and the “Pull”. Their
methodology for providing information to customers works as follows;
In this strategy, the customer seeks information about products and/or services by
visiting the company’s source of information searching for the specific product or
service information.
They are basically requesting to view this specific content. These are
typically located in websites, blogs, streaming audio and video sources.
Customers have found related information on other websites or been
directed to the company’s sources by a reffering website to find the
information.
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Article Marketing has become one of the most essential tools of online
Marketing.
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2.5.3 Blog
Blogging evolved to be as the most important tool of digital Marketing
over the Internet which gives a target Audience.
A blog or weblog is an online diary of events arranged in reverse
chronological order. The author of a blog is known as a blogger and
writing or maintaining a blog is referred to as blogging.
An individual entry or article is called a post and is available in the form
of a blog page for the public to read.
A blog may have a commentary box for readers to leave comments or
opinions.
These comments act as stimulus for further conversations.
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2.5.6 SEO
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Pay per click (PPC) is an Internet advertising model used on websites for
Advertisement, in which advertisers pay their host only when their ad is
clicked.
With search engines like Google and Yahoo, advertisers typically bid on
keyword phrases relevant to their target market.
Content sites commonly charge a fixed price per click rather than use a
bidding system.
Pay Per Click has become the most popular Advertisement Model for
website owners to get target traffic or clicks to their website and pay
accordingly per click. A wide range of PPC strategies are used on the
Internet to get maximum result through PPC Campaign.
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2.5.8 E-mail
With the high use of internet worldwide, e-mail marketing has become the
easiest way to promote your business worldwide.
It is considered as the quickest and reliable way of promoting a business
Worldwide.
Email Marketing is the cheapest and efficient way to promote products &
Services.
2.5.9 Wiki
Wikipedia has become the source for knowledge on anything from
scientific facts to iconic pop culture art.
It started as an Encyclopedia but later proved to be an ocean for getting
information of various and diverse topics that exists in the Universe.
Wiki Marketing started in a way that people posted information about then
or their business and made editable pages.
There are ways to promote your business on Wikipedia. In Wiki
Marketing You can’t be as straightforward as you are in your landing page
or banner ad, but there is a way to tap into the marketing potential of this
unparalleled source of information.
2.5.10 Banner Ads
When Internet Marketing Started and was in infancy, Banner marketing
evolved like a major player on the internet.
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2.5.12 Website
A website is the best place to put the Information about a business and
could be easily available all the time when a user can access internet.
Website has become the virtual office of a business over the internet and
has become must to have if you want to survive in the hard-shell
completive business world.
People are spending huge Investment for the design, development,
updating and promotion of a website. A highly Interactive, Informative
and
User centric Website is in heavy demand
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2.5.13 SMS/MMS
Short Message Service became available in 1996 for the first time for
commercial use. Since then it has become a very useful tool to Promote
Products & Services worldwide.
The use of SMS will continue to grow as companies turn the service into a
critical business function.
One of the most important features of SMS/Text messaging is the ability
to immediately reach a customer anywhere and its low cost offer the
ability to reach customers.
2.6 Findings
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3.1 Summary
The main purpose of this study is to make the qualitative analysis of digital
marketing. To make this report more understandable to the readers, available data
and information are presented in different suitable explanations and points This
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report work has been divided into three chapters. They are- Introduction, Results
and Analysis and Summary and Conclusion. To carry out the report work mainly
secondary data have been utilized. The necessary data are derived from the
concerned websites and previous reports.
From this research what we can conclude is that the digital marketing plays
crucial role in marketing.
3.2 Conclusion
After drawing above findings we can conclude this report as the study of the
various aspect of digital marketing. This study particularly deals about the
evolution, advancement, merits, demerits and channels of digital marketing. This
report has mainly focused on growth of digital marketing from traditional
marketing, the various causes and inventions that led for the digitalization of
traditional form of marketing, the benefits derived marketers and customers, the
role digitalization has played to unite marketers and customers has been
thoroughly studied. This report also has been written by studying various articles
on the current scenario of the digital marketing and the various prospects the
future holds for both marketers and customers to make use of tools, strategies and
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values derived out of digitalization on the internet basis. Therefore this report has
been successful in analyzing and studying by referring different papers for
understanding the entire feature, advantages, disadvantages, tools that digital
marketing holds for the upcoming generations of users. This report is a ready
manual for any researcher, students or readers to study the qualitative aspects of
digital marketing.
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BIBLIOGRAPHY
Bhole (2009). Financial Institutions and Markets, New Delhi: Tata McGraw-Hill
Education.
Publishing House.
Websites
www.google.com
www.scribd.com
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APPENDICES
1990- term ‘Digital Marketing’ was used for the first time
1998- MSN search engine launched by Microsoft, Yahoo web search arrived
and big daddy Google arrive
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2003- MySpace as the first social networking site launched, followed by Orkut, and
later, Facebook
2006- search engine traffic touching nearly 6.5 billion in just one month, Microsoft
replaced MSN and launched Live Search, launch of Twitter, emergence of split test in
marketing, Amazon recorded e-commerce sales over 10 million USD.
2007- Hulu, and micro blogging site Tumblr launched, Iphone launched
2011- Web use overtook TV viewership, launch of Google + and Google Panda
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2014- launch of Facebook messenger, and tailored ads on linkedIn and other
social platforms, mobile usage overtook the use of personal computers for
browsing and shopping, Facebook acquired WhatsApp
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Table 1
Expensive Cost-effective
Limited audience A large number of audience
Non-versatile Variety of source
Low conversion rate Higher conversion rate
Results cannot be measured Measurable results
Delayed communication Immediate communication
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