Ashish 068
Ashish 068
Ashish 068
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ACKNOWLEDGEMENT
And, at last but not at least I would like to thank Mr. Atish Khadse
(Associate Professor) Coordinator of Bachelor of Business
Administration, SMS VARANASI who helped me and enlighten my
path. This report is the outcome of the support which I have received
from people directly or indirectly.
Thanks!
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DECLARATION
I, Ashish Mishra, hereby declare that my report entitled “Digital
Marketing Strategies and Business Development of Nokia
Corporation” is a project work carried out by me independently. The
information presented in the report is correct to the best of my
knowledge and analysis is as per the norms and guidelines of the report.
I have utilized the required concepts and applied the relevant
methodologies to analyse the data collected to reach the conclusion.
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PREFACE
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TABLE OF CONTENT
01. CERTIFICATE
02. ACKNOWLEDGEMENT
03. DECLARATION 04
05. INTRODUCTION 07
09. CONCLUSION 72
10. LIMITATION 74
11. BIBLIOGRAPHY 75
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EXECUTIVE SUMMARY
To remain competitive in modern contemporary markets, companies need
to have effective marketing strategies. An effective marketing strategy
assists a company segment the market effectively and reaches the target
market on time. With development in technology, changes in the electronic
industry are fast; the industry is dominated by innovation and invention.
Marketing managers have the role of aligning their companies with the
needs of customers; there is need to have policies that are responsive to
the changes in the industry. Nokia Corporation has been ranked among
the leaders in the industry, in 2010; the company was second from Apple
Inc. in sales and electronic products production.
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1.INTRODUCTION
Amidst the changing business environment, the role played by
marketing, advertising, and communication continues to take centre
stage in strategic management arenas. Strategic marketing has gained
much advocacy from management gurus as a way of improving one’s
business and retaining competitiveness; Nokia is international company
in the telecommunication industry that have different approaches to
marketing.
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Historical background of Nokia
Nokia is an international phone company, with its headquarters in
Finland; according to the company’s website, the company currently
enjoys a market share of about 37% and aims at increasing the market
share to over 40% by the end of 2011. It has a strong brand all over the
world, the companies positioning statement is “technology connecting
people”.
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Nokia PESTLE Analysis
P.E.S.T.L.E. analysis is a strategic management tool that analysis the
external environment that a company operated; the analysis assists in
making informed decision about the influence that the company is going
to get from the outside environments as the technology and other
variables changes.
Political
Nokia has to face changes of global environment; the world is in the
process of employing free trade policy whereby the market is the one
that determines the price in the market as well the products to be
supplied. The global financial crisis has compelled countries of the world
to relax their trade barriers; when making marketing decisions, Nokia
management has to consider the effect of the global environment; his is
good for the company since it can expand to other many countries. This
will increase the market base.
Economical
In the past decade, the economy of the world has been on the low pace
with other countries recording a negative rate; in this time, Nokia
Company has to develop products that meet the living costs of the
current population. Even if the rate today is not so good there is hope
and thus a risk taker can as well diversify his business; Nokia should
ensure that it develops with the current economic trend
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Social
The attitude the people has towards Nokia Products is that they are of
high quality and are reliable. Despite the appreciation, people are willing
to trade with current technologically improved products so the marketing
team should ensure that products are continually improved. There are
no threats as far as the social environment is concerned if the correct
technology is adopted.
Technological
As stated earlier, there is a change in technology in the world; when
making products, Nokia should ensure that its internal processes and
products are of high technology as this will increase their demand and
thus their competitiveness. The technology is not stagnant and more is
expected in the future. The competitiveness of the company will be
dependent on the efficiency of technology that it will implement.
Legal
The important thing is to comply with the particular country it invests in
laws and regulations; when developing marketing strategies, Nokia
marketing team ensures that it works within the legal frameworks of the
country where the marketing campaigns are likely to take place.
Ecological
The world values its environment; Nokia marketing manager needs to
advice the company on the right methods to protect the external
environment. There are policies that are target to compel companies to
respect nature; on the positive note, since the country policy makers
realize that no production can be made without emission of waste, it has
embarked on waste recycling technologies as well as adopting
environmentally friendly technologies.
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Role of marketing management
Marketing is an integral part in a product cycle; marketing manager is
given the responsibility of developing effective marketing strategies for
their companies. Management gurus have agreed that how well a
company markets its products has an effect on the success of the
product; with this notion, marketing team should be in the forefront
shaping products, services, and customer management policies.
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Marketing managers should ensure that marketing research starts
before a company has created the products required in the market and
continues through the product cycle (Fred, 2008).
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of competitors. In the case the company is adopting new products; the
marketing manager ensures that the company is able to understand the
market dynamics operating in certain industry for future marketing
related decisions like marketing entry mechanism.
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To undertake such efforts marketing managers plays an important role;
according to management gurus, customers are the most important
segment of an organization; they need to be managed effectively and
their loyalty developed. Organizations that have enacted effective
customer management approaches have remained competitive amidst
challenging business environments they are engage in.
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When customers are well managed, an organization benefits from
loyalty and self-marketing notion of their organization; customers are
the backbone of a company; they are the sources of finance and the
reason why a certain business exist.
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company when designing distribution channels, supply chain, and
retiling systems (Wheelen and Hunger, 1998)
Geographical approach
Since the company is in the international market it has its market divided
according to the market that they will be selling their markets. If they aim
at moving to the Caribbean or African market their marketing teams will
be sent to collect data and research the markets to come up with a
concrete report on the best strategy to sell in the economies.
Behavioural segmentation
With current changes in human tastes and needs the company ensures
they understand what their customer really wants. With changes in
tastes and preferences the marketing department are mandated with
the role of understanding the needs of their customers and advising the
production teams to come up with the best products for a certain market
(Pickton and Broderick, 2005).
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Target markets
Nokia products are made to target certain markets in the world market;
phones which is a product that they share targets all classes of people
with Nokia seeming to have access to the very low in the economy; it
also has focus on people who are interested in efficiency and are
technologically sensitive.
When coming with products, the company ensures that they improve on
the current product to increase the utility that customers derive from the
use of the products.
Nokia divide their markets on the line of price, location and age;
depending with the level of technological advancement that a certain
phone has, then the price will vary with the same range. The main target
market that Nokia has can be seen as the old, the low earners, high
earners, illiterate, and the literate (McFarland, Bloodgood and Payan,
2008).
In the first three quarter of 2010, the company enjoyed a market share
of approximately 31% on average; however, the market share reduced
to 30% in the last quarter of the year. The drop of the market share can
be attributed to aggressive marketing and selling approaches adopted
by its competitors mostly Apple Inc and Google Android-powered
phones. The company is also diversifying rapidly in laptops, iPod and I
phone to enable it share a large market in the electronic industry.
The results of 2010 were lower to those recorded in 2009 of 35% in the
fourth quarter; so far, the marketing approach that the company has
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adopted is doing well in the markets however, the trend is alarming and
calling for something extra to be done if the company has to remain in
the forefront of the market (Kurtz, Mackenzie and Kim, 2009).
The main threats facing Nokia is high competition from other companies
like Sony, Ericson, Apple, ZTE, and Samsung Corporation. This high
competition limits Nokia’s in attaining its goals and objectives.
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OBJECTIVE OF STUDY
Objectives
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LITERATURE REVIEW
Internet usage history and intensity also affect online shopping potential.
Consumers with longer histories of Internet usage, educated and equipped
with better skills and perceptions of the Web environment have
significantly higher intensities of online shopping experiences and are
better candidates to be captured in the well- known concept of flow in the
cyber world (Sisk, 2000; Hoffman and Novak, 1996; Liao an Cheung,
2001). Those consumers using the Internet for a longer time from various
locations and for a higher variety of ser-vices are considered to be more
active users (Emmanouilides and Hammond, 2000).
As Bellman et al. (1999) mention, demographics are not so important in
determining online purchasing potential. Whether the consumer has a
wired lifestyle and the time constraints the person has are much more
influential. Risk taking propensity is also a powerful factor. E-shoppers
have higher risk-taking tendencies. Consumers with high levels of privacy
and security concerns have lower purchasing rates in online markets but
they balance this characteristic with their quest for making use of the
information advantage of the environment (Kwak et al., 2002; Miyazaki
and Fernandez, 2001). These educated individuals, as more confident
decision makers, are much more demanding and have greater control over
the purchasing process from initiation to completion (Rao et al., 1998)
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becoming the core of many organizations overall marketing strategies,
particularly with regard to social media and viral marketing.
Digital Ecosystem
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Search Engine
Search engine optimization (SEO) is the art of getting a website to work
better with search engines (like Google, Bing & Yahoo), and to look for
achievable, profitable, ranking opportunities through keyword research. It
is a quest for increased visibility in search engines via relevant copy,
quality links, domain trust, social popularity and search engine
connectivity.
Search engine marketing (SEM) is a broader term than SEO, and is used
to encompass different options available to use a search engine’s
technology, including paid ads. SEM is often used to describe acts
associated with researching, submitting and positioning a website within
search engines. It includes things such as search engine optimization, paid
listings and other search-engine related services and functions that will
increase exposure and traffic to your Web site.
Displays
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Display advertising is a type of advertising that typically contains text (i.e.,
copy), logos, photographs or other images, location maps, and similar
items. In periodicals, display advertising can appear on the same page as,
or on the page adjacent to, general editorial content. Normal banners, Rich
media banner, Interstitials and pops are example of displays.
Mobile Marketing
Mobile marketing is used in reference to any marketing efforts on or with
a mobile device. It involves planning, creating, and implementing a mix
of initiatives to bring together sellers and buyers via mobile devices.
Mobile ads, Mobile websites, Apps and Games are some ofiexamples for
mobile marketing.
E-Mail Marketing
E-Mail Marketing is a type of direct marketing that involves sending
personalized, targeted messages to a specific audience. eMail Marketing
is easy to use, low cost, and effective. Most of the B2B business in present
era in following email marketing, but in B2C also email marketing is
productive.
Video
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Marketers are now using video to make customers aware of brands and to
sharing the experience of other customers. YouTube ads are too popular in
video ads. In social media platforms also brands are sharing video.
Analysis
Analytics is the practice of evaluating data, and the process by which a
company arrives at a most advantageous decision. Here marketer analysis
the integrate channel to understand the effectiveness of communication.
Analysis may be based on numbers of visitor or like in social media pages.
Etc.
Content Management
After analysis the integrate channels, marketer can able to understand the
problems with current contents. Later he can manage the content to
increase the engagement rate, content may be text in banners, images or
websites.
Advanced Targeting
Advanced targeting are techniques involving the sending of targeted
messages to a specific audience. It is used to increase the effectiveness of
a marketing campaign. Behavioral targeting is also a part of advanced
targeting, here marketer can target the customer based on their past
behavior in online. Marketer can put ads in other webpage where customer
is going.
Creative
Creative is the artistic component of an ad or website. It usually includes
an image and copy present in ads or website. Marketer can make those
contents attractive to customers. Marketer will sometimes change the
entire design of websites, apps. Etc.
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Research and Planning
Marketer will do some research to understand the behavior-, taste and
preference to customers in digital platform. This research may be doing
by using paid-tools like ComScore...Etc. Through this research marketer
can understanding where T.G is present or what T.G would to do in online.
After research marketer will plan new campaigns based on those research
reports. These campaigns are more effective to reach the T.G properly.
Digital Strategy
Digital strategy is the process of specifying an organization's vision, goals,
opportunities and initiatives in order to maximize the business benefits
through digital media. Strategy will be different for each brand, it will base
on the brand objective and target groups interest. It is actual a plan
formulated by the marketer to explore the opportunities. Strategy may be
short term or long term, but it needs to be fit with market situations.
The sales cycle, more generally speaking, turns leads into prospects,
suspects into prospects and prospects customers.
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Prospecting is the step salespeople determine leads or prospects. The pre-
approach is used for preparing for the presentation through customer
research and goal planning for the presentation. The approach is when the
salesperson initially meets with the customer and determines a customer’s
wants and needs. Once the salesperson knows the needs, he or she is ready
for the presentation that will entice the customer to commit. After
the presentation, a salesperson must meet objections or address customer
concerns. Gaining commitment comes next. Finally, the salesperson must
remember to follow up after the sale is made.
The sales department would aim to improve the interaction between the
customer and the sales facility or mechanism and or salesperson. Sales
management would break down the selling process and then increase the
effectiveness of the discrete processes as well as the interaction between
processes. For example, in many outbound sales environments, each step
in the typical process outlined above has salesrelated issues, skills, and
training needs, as well as marketing solutions to improve each discrete
step.
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The relatively new field of sales process engineering views “sales” as the
output of a larger system, not just as the output of one department. The
larger system includes many functional areas within an organization. From
this perspective, “sales” and “marketing,” among others, represent a
number of processes whose inputs and outputs supply one another to
varying degrees. In this context, improving an “output” (such as sales)
involves studying and improving the broader sales process, as in any
system, since the component functional areas interact and are
interdependent.
Many companies find it challenging to get marketing and sales on the same
page. The two departments, although different in nature, handle very
similar concepts and have to work together for sales to be successful.
Building a good relationship between the two that encourages
communication can be the key to success – even in a down economy.
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ever before for a consumer to make a purchase during their first encounter
with a business.
The goal of generating leads is to connect with people who could benefit
from your business so that you can show what you have to offer, build
trust, and provide the information they need in order to make the
purchase—thereby increasing the chances that they do.
Lead generation takes many forms, and different strategies will work for
different businesses and audiences.
• Cold calling
• Going door to door
• Purchasing an email list
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• Sending direct mail to all residents in your zip code
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• Free demo on an item in exchange for an in-store purchase.
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Now that you have a clear picture of the inbound and outbound approach,
as well as the online and offline channels for lead generation, let’s put
them together for some realistic examples.
consultation.
networking event.
• Local pastry chef uses SEO to show up first on directory searches such
as Google Maps.
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Lead generation is crucial to your small business. Now that
you understand and have examples for the four key areas of lead
generation: inbound, outbound, online, and offline, you can put them
to use to grow— your small business.
Social media
With growth of social networking websites, social media is used by
organizations and individuals to generate leads or gain business
opportunities. Many companies actively participate on social networks
including LinkedIn, Twitter and Facebook to find talent pools or market
their new products and services.
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Online advertising
There are three main pricing models in the online advertising market that
marketers can use to buy advertising and generate leads:
• Cost per thousand (e.g. CPM Group, Advertising.com), also known
as cost per mille (CPM), uses pricing models that charge advertisers
for impressions — i.e. the number of times people view an
advertisement. Display advertising is commonly sold on a CPM
pricing model. The problem with CPM advertising is that
advertisers are charged even if the target audience does not click on
(or even view) the advertisement.
• Cost per click advertising (e.g. AdWords, Yahoo! Search
Marketing) overcomes this problem by charging advertisers only
when the consumer clicks on the advertisement. However, due to
increased competition, search keywords have become
very expensive. A 2007 Doubleclick Performics Search trends
report shows that there were nearly six times as many keywords
with a cost per click (CPC) of more than $1 in January 2007 than
the prior year. The cost per keyword increased by 33% and the cost
per click rose by as much as 55%.
• Cost per acquisition advertising (e.g. TalkLocal, Thumbtack)
addresses the risk of CPM and CPC advertising by charging only
by the lead. Like CPC, the price per lead can be bid up by demand.
Also, like CPC, there are ways in which providers can commit fraud
by manufacturing leads or blending one source of lead with another
(example: search-driven leads with coregistration leads) to generate
higher profits. For such marketers looking to pay only for specific
actions/acquisition, there are two options: CPL advertising (or
online lead generation) and CPA advertising
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(also referred to as affiliate marketing). In CPL campaigns,
advertisers pay for an interested lead — i.e. the contact information
of a person interested in the advertiser's product or service. CPL
campaigns are suitable for brand marketers and direct response
marketers looking to engage consumers at multiple touchpoints —
by building a newsletter list, community site, reward program or
member acquisition program. In CPA campaigns, the advertiser
typically pays for a completed sale involving a credit card
transaction.
Recently, there has been a rapid increase in online lead generation: banner
and direct response advertising that works off a CPL pricing model. In a
pay-per-acquisition (PPA) pricing model, advertisers pay only for
qualified leads resulting from those actions, irrespective of the clicks or
impressions that went into generating the lead. PPA advertising is playing
an active role in online lead generation.
A GP Bullhound research report stated that the online lead generation was
growing at 71% YTY— more than twice as fast as the online advertising
market. The rapid growth is primarily driven by the advertiser demand for
ROI focused marketing, a trend that is expected to accelerate during a
recession.
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• Co-registration advertising: The advertiser receives some or all of
the standard fields collected by a site during the site's registration
process.
• Full page lead generation: The advertiser's offer appears as a full-
page ad in an HTML format with relevant text and graphics. The
advertiser receives the standard fields and answers to as many as
twenty custom questions that s/he defines.
• Online surveys: Consumers are asked to complete a survey,
including their demographic information and product and lifestyle
interests. This information is used as a sales lead for advertisers,
who purchase the consumer's information if provided. The
consumer may 'opt-in' to receive correspondence from the advertiser
and is therefore considered a qualified lead.
A common advertising metric for lead generation is cost per lead. The
formula is Cost / Leads, for example if you created 100 leads and it cost
$1000, the cost per lead would be $10.
5 Ways to Generate B2B Leads Online
In this section, we’ll cover the four strategies outlined above, as well as a
strategy that hasn’t been mentioned in any of the studies, yet it enabled
one B2B company to generate a 5,100% ROI from a $1 million investment.
First though, let’s talk about one of the oldest strategies in online
marketing: email marketing.
1. Email Marketing
Email marketing is one of the few online marketing channels that has
stood the test of time. In fact, email is 23 years old this year, and it still
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trumps the top spot on many B2B marketer’s lists of B2B lead generation
strategies.
One of the biggest trends in email marketing at the moment, that has
generated great results for many B2B businesses, is marketing automation.
Not sure what the fuss about marketing automation is? Read this. In short,
marketing automation tools are effectively hybrid email marketing tools
that connect with your CRM to enable you to automatically send highly
targeted emails to leads that are personalised specifically to them.
While traditional newsletters and email marketing are still important, the
ability to capture more data on users and use behavioural-triggers has
enabled B2B marketers to get a lot smarter with how they target users in
the inbox.
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In 2012, Xerox created a microsite offering relevant tips to business
owners. The result? 70% of the companies targeted interacted with the
microsite, adding 20,000 new contacts to their pipeline, 1,000+ of which
scheduled appointments. The value of those appointments exceeded $1.3
billion in pipeline revenue.
Given the broad scope of content marketing, a good question to ask is what
type of content should B2B companies be focusing on to generate leads?
Well, you could go by which tactics are most commonly used by other
B2B companies (displayed below). The risk of this approach is that, by
definition, you’ll be doing what everyone else is doing.
“Whenever you find yourself on the side of the majority, it is time to pause
and reflect.” – Mark Twain
So, by all means, experiment with the common and uncommon tactics.
Whether you use microsites, blogging, research reports, or infographics,
the important thing is to test what does and doesn’t work so that you can
gradually refine your lead generation over time.
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3. Search Marketing
Organic search marketing is arguably one of the most valuable long-term
strategies for generating B2B leads.
About 5-6 years ago, I was working on the SEO campaign for a major
business stationery brand. It was one of my first ‘big campaigns’ that I
was allowed to manage in my previous job.
While I can’t take the credit (their in-house SEO team and previous
agencies had laid a great foundation for us), I watched the site’s revenue
from SEO increase by over £4 million, just from a handful of keywords
reaching #1 on Google.
Getting to #1 in Google is a lot harder today than it was five or ten years
ago, and it can barely be summarised in a few sentences.
If I were to attempt it, though, I’d probably say that good SEO in 2015 is
largely a bi-product of doing things well in other areas e.g. design,
conversion rate optimisation, content marketing, and social. While there
are exceptions, this is increasingly looking like the rule.
4. Social Media
Calling social media an effective B2B lead generation strategy is a
controversial discussion to be starting.
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The bottom line is, social media isn’t inherently a poor channel for B2B
lead generation. The reason social media is sometimes rated poorly on
these aggregate studies is because most B2B companies have an ill-fitting
social media strategy, to put it politely.
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So, what’s the clue?
Only by experimenting, can you truly know what does and doesn’t work,
and when you know this, you can use your time and budget more
effectively to generate higher returns on your investment, and better
lead generation results overall.
I hope this post has given you some inspiration on what’s possible with
B2B lead generation, and which areas are best to focus on. As always if
you have any questions, or are interested in getting touch, feel free to
comment below or drop me an email here.
Avoiding the leaky bucket effect
Many B2B marketers spend a lot of time, metaphorically, pouring water
into leaky buckets. Rather than fixing the bucket (the marketing funnel),
they pour more water (traffic) into the bucket to keep it full.
The biggest culprit here are landing pages and, in particular, your forms.
Forms separate your leads from non-leads, and have a huge impact on
your conversion rates and overall lead generation results. If you haven’t
already, I’d recommend optimising your forms – or using a tool like
Leadformly to ensure that you’re not leaving leads behind from your
marketing campaigns.
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Let’s say you send 1,000 visits to your landing page at a cost of $3 per
visit. If your form converts at 1%, you’ll get 10 leads at a cost per lead of
$300. If, on the other hand, your form converted at 3%, you’d receive 30
leads at a cost per lead of $100.
That’s 3X more leads for one third of the cost per leads without spending
a penny extra – just by improving your lead generation form.
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Social media marketing, or SMM, is a form of internet marketing that
involves creating and sharing content on social media networks in order
to achieve your marketing and branding goals. Social media marketing
includes activities like posting text and image updates, videos, and and
other content that drives audience engagement, as well as paid social
media advertising.
With these tips, you can begin developing your own social media
marketing expert plan.
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without a social strategy in mind is like wandering around a forest without
a map—you might have fun, but you'll probably get lost.
Here are some questions to ask when defining your social media
marketing goals:
• What are you hoping to achieve through social media marketing?
Your business type should inform and drive your social media marketing
strategy.
How Social Media Marketing Can Help You Meet Your Marketing
Goals Social media marketing can help with a number of goals, such as:
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The bigger and more engaged your audience is on social media networks,
the easier it will be for you to achieve every other marketing goal on your
list!
Facebook is a place people go to relax and chat with friends, so keep your
tone light and friendly. And remember, organic reach on Facebook can be
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extremely limited, so consider a cost-effective Facebook ad strategy,
which can have a big impact on your organic Facebook presence as well!
Twitter is the social media marketing tool that lets you broadcast your
updates across the web. Follow tweeters in your industry or related fields,
and you should gain a steady stream of followers in return.
Mix up your official tweets about specials, discounts, and news with fun,
brand building tweets. Be sure to retweet when a customer has something
nice to say about you, and don’t forget to answer people’s questions when
possible. Using Twitter as a social media marketing tool revolves around
dialog and communication, so be sure to interact as much as possible to
nurture and build your following.
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with people in similar industries and provides a place to share content with
like-minded individuals. It's also great for posting jobs and general
employee networking.
YouTube is the number one place for creating and sharing video content,
and it can also be an incredibly powerful social media marketing tool.
Many businesses try to create video content with the aim of having their
video “go viral,” but in reality, those chances are pretty slim. Instead, focus
on creating useful, instructive “how-to” videos. These how-to videos also
have the added benefit of ranking on the video search results of Google,
so don't under-estimate the power of video content!
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RESEARCH METHODOLOGY
Methodology is the systematic, theoretical analysis of the methods applied
to a field of study. It comprises the theoretical analysis of the body of
methods and principles associated with a branch of knowledge. Typically,
it encompasses concepts such as paradigm, theoretical model, phases and
quantitative or qualitative techniques.
A methodology does not set out to provide solutions - it is, therefore, not
the same thing as a method. Instead, it offers the theoretical underpinning
for understanding which method, set of methods or so called “best
practices” can be applied to specific case, for example, to calculate a
specific result.
employed by a discipline"
2. "The systematic study of methods that are, can be, or have been
SAMPLING TECHNIQUE: –
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OBJECTIVE OF STUDY
Objectives
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STASTICAL TOOLS:
MS-EXCEL will use to prepare pie- charts and graphs and MS-WORD
will use to prepare or write the whole project report.
LIKERT SCALES:
Likert scales are the four, five, six, point scales much used in various fields
of research. Often the scale is used as a semantic differential.
RESEARCH DESIGN
The research design is purely and simply the framework of plan for a study
that guides the collection and analysis of data. Types of Research Design:
• Exploratory Research – The main purpose of such studies is that
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Primary Data:
Primary data is basically the live data which I collected on field while
doing cold calls with the customers and I shown them list of question for
which I had required their responses.
Source: Main source for the primary data for the project was
questionnaires which I got filled by the customers or sometimes filled
myself on the basis of discussion with the customers.
Secondary Data:
Secondary data for the base of the project I collected from intranet and
from internet, magazines, newspapers etc.
Statistical Analysis
In this segment I will show my findings in the form of graphs and charts.
All the data which I got form the market will not be disclosed over here
but extract of that in the form of information will definitely be here.
TOOLS AND TECHNIQUES OF ANALYSIS
➢ Bar chart (Bar charts will be used for comparing two or more values
magnitudes or frequencies)
Tools and Techniques
As no study could be successfully completed without proper tools and
techniques, sames with my project. For the better presentation and right
explanation I used tools of statistics and computer very frequently. And I
am very thankful to all those tools for helping me a lot. Basic tools which
I used for project from statistics are-
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- Bar Charts
- Pie charts
- Tables
Bar charts and pie charts are really useful tools for every research to show
the result in a well clear, ease and simple way. Because I used bar charts
and pie charts in project for showing data in a systematic way, so it need
not necessary for any observer to read all the theoretical detail, simple on
seeing the charts anybody could know that what is being said.
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DATA INTERPRETATION
Markets
INTERPRETATION
Impressions on the basis of handset manufacturer are also discussed. Again, Nokia leads
with a 59.1% share and more than 4 billion impressions per month. Samsung comes
second with 23.8% share followed by Sony Ericsson at 6.4%, LG at 3.7%, Micromax at
1.2% and others at 5.7%. The handset that registered the maximum number of
impressions was Nokia 3110c with a 5.4% share. Four out of top 5 handsets were from
Nokia.
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Q.1. How you aware about Nokia Corporation?
Table No. 1:
Option No. of Respondents Percentage
TV Ads 20 20%
Friends 15 15%
Internet 30 30%
Interpretation: From the above graph shows that 20% of the respondents
came to know of Nokia Corporation through TV ads, 10% of the
respondents through magazines, 25% of the respondents through the
existing customers and 15% of respondents from friends, 30% of
respondents through internet. The above graph explained that majority of
respondents are Existing customers ads and Internet.
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Q.2. What is your perception about Nokia Corporation?
Table No. 2:
Particulars No. of Respondents Percentage
Good 45 45%
Ordinary 25 25%
No comment 25 25%
Poor 5 5%
Total 100 100%
Graph No.2:
Interpretation:
The above graph reveals that good perception comes from 45%, 25% have
ordinary perception about the Nokia Corporation and rest by 25% have No
Comment, 5% have poor perception.
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Q3: Nokia Corporation have Good Quality?
Table No: -3
Particulars Number of Respondent Percentage
Agree 45 45%
Disagree 5 5%
Graph No. 3
Interpretation:
The above graph shows that 35% of respondents strongly agree Nokia
Corporation have Good Quality, 45% agree, 15% Neither agree and 5% of
respondents disagree.
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Q4Do you think Nokia Corporation Services are more Quality &
beneficial than Others
Table No.4:
Product No. of Respondent Percentage
Yes 65 65%
No 35 35%
Total 100 100%
Graph No.4:
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Q5: On the basis of price and feature comparison, is Nokia Corporation
economical?
Table. No.5:
Option No. of respondents Percentage
Extremely Agreed 15 15%
Highly agreed 20 20%
Agreed 45 45%
No Comments 12 12%
Disagreed 8 8%
Total 100 100%
GRAPH No. 5:
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Q6. What is the Selling scale System of Nokia Corporation?
Table No.6
Option No. of Respondents Percentage
Excellent 35 35%
Good 25 25%
Fair 16 16%
Poor 12 12%
Very poor 12 12%
Total 100 100%
Graph No. 6
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Q7. State the level of satisfaction for the Nokia Corporation Services?
Table No.7
Graph No. 7
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Q8. How many years have you been using Nokia Corporation?
Table No.8:
Years No. of Respondent Percentage
1-2 Yrs 22 22%
2-3 Yrs 32 32%
3-4 Yrs 25 25%
More than 4 Yrs 21 21%
Graph No.8:
Interpretation: In the above graph shows that 22% of people using Nokia
Corporation1-2 years, 32% respondents using 2-3 years, 25% respondents
using for 3-4 years and rest 21% respondents using More than 4 year
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Q9. Distribution of Respondents According to Occupation
Table No. 9
OCCUPATION RESPONDENTS PERCENTAGE
RETIRED 14 14%
PRIVATE JOB 12 12%
GOVT JOB 42 42%
STUDENT 16 16%
BUSINESS 16 16%
TOTAL 100 100
Graph No. 9
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Q10. Distribution of Respondents According to Qualification
Table No. 10
QUALIFICATION RESPONDENTS PERCENTAGE
MATRICULATE 8 8%
INTER 12 12%
GRADUATE 64 64%
POST GRADUATE 16 16%
TOTAL 100 100%
Graph No. 10
Interpretation: Out of 100 respondents, 8% were matriculate, 12% were intermediate, 64%
were graduate and 16% were post graduate.
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Q11. Does Advertisement Influence your decision in choosing Nokia
Corporation Services?
Table No. 11
Particulars No. of Respondents Percentage
Yes 87 87%
No 5 5%
Can’t Say 8 8%
Graph No. 11
Interpretation: In the above graph shows that 87% of customer says yes
advertisement influence decision in choosing a Nokia Corporation.
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Q12. How many years have you been using Nokia Corporation Product?
Table No. 12
Years Percentage
1-2 Yrs 10%
2-3 Yrs 10%
3-4 Yrs 16%
Graph No. 12
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Q13. What is the selling scale System of Nokia Corporation Product?
Table No. 13
Particulars Percentage
Excellent 60%
Good 10%
Fair 10%
Poor 10%
Very poor 10%
Graph No. 13
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Q14. Which factor is most liked by you?
Table No. 14
Option Percentage
Pricing 15%
Advertisement 70%
Quality 10%
Stylish 5%
Graph No. 14
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Q15. Is there any complain from customer? If yes then why?
Table No. 15
Option Percentage
Price 15%
Product 20%
Quality 30%
Other 5%
No 30%
Graph No. 15
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Q16. Which of these marketing applications have you used in the
present?
Table No. 16
Particulars No. of Respondents Percentage
Total 50 100%
Graph No.16
Interpretation:
It reveals that Facebook Business Pages (24%), Free Webs (36%), Google
adwords (16%) & SMS Marketing use 24% marketing applications in
present.
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Q17. For which of your digital communications do you use analytics
to track audience response and behavior?
Table No. 17
Particulars No. of Respondents Percentage
Total 50 100%
Graph No.17
Interpretation:
It is observed that approx 36% of respondents use company website &
26% use SMS Marketing to track audience response and behaviour.
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Q18. In what ways do you currently communicate with your Staff
members?
Table No. 18
Particulars No. of Respondents Percentage
Facebook 12 24%
Blogging updates 4 8%
Others 3 6%
Total 50 100%
Graph No. 18
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FINDINGS
It reveals that 33% of the respondents came to know of Nokia Corporation
through TV ads, 24% of the respondents through magazines, 21% of the
respondents through the existing customers and 12% of respondents from
friends, 10% of respondents through internet. The above graph explained
that majority of respondents are TV ads and Magazines.
1. It reveals that good perception comes from 45%, 25% have ordinary
perception about the Nokia Corporation and rest by 25% have No
Comment, 5% have poor perception.
2. It is observed that 35% of respondents strongly agree Nokia
Corporation have Good Quality, 45% agree, 15% Neither agree and 5%
of respondents disagree.
3. It reveals that 35% of people says excellent about selling scale
system of Nokia Corporation, 25% Good, 16% Fair, 12% Poor and rest
12% says very poor.
4. It is observed that Nokia Corporation are economical. 15% of public
is extremely agreed with this statement, 20% is highly agreed, 45% is
agreed and rest of peoples answer is negative.
5. It reveals that 65% of respondents says Nokia Corporation. are more
quality and beneficial than others. Only 35% of respondents Says No.
6. It is observed that 65% of respondents satisfied with Nokia
Corporation Services. Only 15% of respondents dissatisfied with its
Services.
7. It reveals that 87% of customer says yes advertisement influence
decision in choosing a Nokia Corporation Majority (37.5 %) of the
retailers are aware of the Nokia Corporation. The next majority (35 %) of
the retailer awareness is about the NOKIA CORPORATION Services.
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majority (55%) of the retailers have opinioned that they are satisfied with
the sales Nokia Corporation. A considerable proportion of the retailers
have opinioned only neutral about their satisfaction level.
8. It reveals that Most of the respondents purchase electronic items &
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CONCLUSION
Nokia is old company compare to Apple or Samsung such popular
companies. However, its development shocks the world. And according
to its development and company’s history, we can notice that it is possible
that Nokia will overpass these companies. Even some people think that
Nokia copies the techniques from other companies, such as Apple. But,
we should not that they did have their advantages, their products
are coming into people’s life. And since the media, electronic product,
even some technologies are relevant to our life, thus Nokia will have very
large region to improve and keep continue their development.
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• Digital Networking provide ample ofiiopportunities for interacting
with any industries partners.
• Digital Marketing provides a platform to innovative advertising to
be effectively used for business growth of any industries.
• Industry with use of Social Networking Sites can gain competitive
advantage by reducing advertising cost, create awareness, capture
large market, able to transact globally, can improve customer
service quality and acquire new customers.
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LIMITATIONS OF THE STUDY
As said basic research was conducted at the company to enable the
company to assess how far the customers are satisfied with product and
services of Nokia CORPORATION. During the course of the study the
following limitations were observed:
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BIBLIOGRAPHY
BOOKS:
1. Brinlee D (2007). Does Internet Advertising
Work? http://www.askdeb.com/internet/advertising
Website:
• https://www.nokia.com/in/about/
• https://en.wikipedia.org/wiki/Nokia
• https://www.digitalvidya.com/blog/how-Nokia-making-effective-
use-ofsocial-media-to-target-indian-consumers/
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THANK YOU
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