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Name Roll No:
Shouvik Das FT13170
Ishani Sircar FT13224
Arjun Choudhry FT13312
Namita Joshi FT13351
Vikrant Vijay Mahajan FT13389
Ruchika Salhotra FT13466
Group 4
Brand elements and Integrated Marketing Communications play a very important role in Creating salience. But with thousands of tvChannels , radio channels, magazines, billboards flooding the market It is very tough to touch consumers meaningfully. Consumers are Getting bombarded with billions of advertisements everyday, Dividing consumer attention and creating absolute confusion.
Interesting Case Fact:
American people were exposed daily to a total of more than• 12 billion display ads• 3 million radio ads• 300,000 tv commercials• 9 billion direct marketing emails were sent
only in 1998
Competition - (Case Facts)• Internet Advertizing Industry
– Fragmented– Constant Changing – high competition– Absence of Significant Barrier to entry
• Competition– BANNER ADS
• Double Click• 24/7 Media • Fly Cast Communications
– Incentive based permission email marketing companies• Netcentives• Lifeminder (reccomendations )
– Direct Competition • NetCreation – Email List Provider
Interruption Marketing• The last slides had examples of interruption marketing. A way of communicating with
potential customers whether they want to hear from you or not.• As more and more such advertisements are encroaching our space their effectiveness is
getting reduced.
The New mantra is Personalized Marketing. YESMAIL.com is an example of personalized marketing using Permission Marketing
Paradigm Shift• With the development of new technologies and the rise
of media lead to Information Clutter & Email SPAM• SPAM is sending unsolicited bulk messages, especially advertising,
indiscriminately• Spam is in the eye of the beholder
• Consequences of Spamming• “Flames,” i.e. hate email• Harassment from spam vigilantes • Badmouthed in discussion forums• Blacklisted• You may even have your Internet privileges revoked by your ISP• Remember, perception is 9/10ths of reality
• How do you reach your consumer and Target Audience?
Email Statistics
Get Permission
• Opt-in, not opt-out. Get recipient’s consent in advance!– Opt-in: recipient volunteered to receive your email– Opt-out: recipient didn’t have the opportunity to avoid
receiving your first email, only to avoid receiving subsequent ones
– “Hand-raisers” are a lot more likely to not only tolerate receiving your emails, but also to respond favorably
• Permission Marketing : – “Turning Strangers Into Friends And Friends Into Customers ” -
seth godin – 1991– It is the method of delivering anticipated, personal and Relevant
Messages to consumers who actually want to receive them
Changes in Trends of Email Marketing
• Focus on Relationship Building– HTML vs. Plain Text– Building own database by
• Opt in list• Collaboration with other networks / businesses
– Personalization of email– List segmentation by demographics, psychographics,
clickographics (visiting behavior and transaction history)– Target who’s most relevant, most profitable, or most likely to
respond– Email Campaign Testing– Tractability & Greater Measurability
• Model 1
Business Models Of Permission Marketing
Advertiser ConsumerPermission
Message
Model 2
Portal/ Media site Consumer
Permission
Message
Partner1
Partner 3
Partner 2
• Model 3
Infomediary ConsumerPermission
Message
Advertiser1
Advertiser 3
Advertiser 2
Model 4
Infomediary ConsumerPermission
Message
Advertiser1
Advertiser 3
Advertiser 2
Partner 1
Partner 2
Consumer
Consumer
Advantages of Permission Marketing
Increased Response Rate • 5% – 15% for opt in vs
1% - 2% for direct mail
Lower Email Deletion Rate• 6% for Opt in Vs 59% in
Direct Mail
Unsubscribe Option• No Hate mail
Improved Click & Open Rates
Reduced cost by 75% to 90%
More Targeted Email
Reduction in No. Of Emails being sent implies less
cost
Network Model of YESMAIL
• To build the member database through partners. Revenues will be shared in 50:50 basis with the partner companies. Permission emails would be sent by YESMAIL but with an explicit reference to the partner site from which the member originated.
• Registered users can choose upto 20 categories, but with an option to choose from around 200 sub- categories in the future.
• To have a dedicated sales team to connect to clients offering a high customer database a value proposition
• To have it’s own proprietary database of members in the long term to remove any revenue sharing.
Value Proposition
• YESMAIL stands for Anti Spam and Privacy protection services.
• It differentiates itself from the category by touching with only interested customers and thus respecting their privacy.
Happy Customers lead to more involvement , lending more meanings to marketing communications and building better brand equity.