Anjaney
Anjaney
Anjaney
ON
MARKETING STRATEGY
I hereby declare that the thesis titled “Marketing Strategy” submitted for the
award of B.COM (HONS.) at RAMANAND INSTITUTE OF PHARMACY
AND MANAGEMENT, JWALAPUR, HARIDWAR, department of
commerce is my original work and the dissertation has not formed the basis for
the award of any degree, associateship, fellowship or any other similar titles.
The material borrowed from other sources and incorporated the thesis has been
duly acknowledged. I understand that myself could be held responsible and
accountable for the plagiarism, if any detected later on the research paper
published based on the research conducted out of and in the course of the study
are also based on the study and not borrowed from other sources.
CERTIFICATE
This is to hereby certify that, the original and genuine investigation work has
been carried out to investigate about the subject matter and the related data
collection and investigation has been completed solely, sincerely and
satisfactorily done by, ANJANEY LOCHAN a student of department B.COM
HONS. 6TH SEMESTER ,for the academic session 2022-23, regarding the
investigatory project entitled “MARKETING STRTEGIES.”
For marketing department under direct supervision of the under designed as per
the requirements for the Sri Devsuman University, Uttarakhand.
ACKNOWLEDGEMENT
4. Research Methodology
7. Bibliography
8. Annexures
CHAPTER 1
THINK AND LEARN PRIVATE LIMITED is a private company having CIN No.
U80903KA2011PTC061427, incorporated on 30/Nov/2011, the age as of now is 11year(s) 5
month(s) 29 day(s) day(s). Think And Learn Pvt. Ltd. is classified as Non-govt. company and
is registered at Registrar of Companies located at ROC-Bangalore. With respect to the
financial position at the time of Registration of THINK AND LEARN PRIVATE LIMITED
COMPANY its authorized share capital is INR 6.57 cr. and the total paid-up capital is INR
4.51 cr. . As per company's Registration, it is included under business activity class/subclass
code 80903. The main activity of the said company is THINK AND LEARN PRIVATE
LIMITED is Tuition providing activities, it comes under Division Education and this comes
under section EDUCATION.
The registration number of this company is 061427. Its email address is legal@byjus.com and
its registered address is where the company is physically registered at: IBC Knowledge Park,
4/1, 2nd Floor, Tower D Bannerghatta Main Road Bangalore KA 560029 IN.
Directors of Think & Learn Private Limited are Byju Raveendran, Divya Gokulnath, Riju
Ravindran, Vivian Wu, Russell Andrew Dreisenstock, Ravi Shankar Venkataraman
Ganapathy Agra.
Current status of THINK AND LEARN PRIVATE LIMITED is - Active.
Think And Learn Pvt. Ltd., doing business as Think And Learn Pvt. Ltd., provides
educational services. The company provides a technology-based educational platform for
primary and secondary school subjects, foreign and domestic test preparation courses,
learning programs and lications. Think And Learn Pvt. Ltd. serves students in India.
Think And Learn Private Limited (Think And Learn Pvt. Ltd.) is an educational services
company. The company provides tutoring services through its lication. It provides
educational services for primary and secondary school subjects, competitive exams, exam
preparation material, national and international board syllabus and state boards including
Maharashtra, Gujarat, Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Telangana, Bihar,
Rajasthan and Madhya Pradesh, among others. Think And Learn Pvt. Ltd. also provides
courses for CBSE, ICSE, CAT, GATE, UPSC, Bank, Government, IAS, JEE, NEET,
NCERT and other competitive exams. The company offers services through byjus.com and
Think And Learn Pvt. Ltd., The Learning. It operates and provides services under Think And
Learn Pvt. Ltd. brand.
Think And Learn Pvt. Ltd. Situation Overview
Think and Learn Pvt. Ltd. is an Indian multinational educational technology company
headquartered in Bangalore, Karnataka, India. It was founded in 2011 by Byju Raveendran
and Divya Gokulnath. By March 2022 Think and Learn Pvt. Ltd. is valued at US$22 billion.
By April 2023, the company claims to have over 150 million registered students.
COMPETITIVE LANDSCAPE
Think And Learn Pvt. Ltd. has 2602 active competitors and it ranks 4th among them.
Overall, Think And Learn Pvt. Ltd. and its competitors have raised over $8.31B in
funding across 259 funding rounds involving 1515 investors.
COMPETITOR ANALYSIS
i. Competitor's objectives,
ii. Competitor's perceptions,
iii. Competitor's strategy,
iv. Competitor's resources and capabilities.
As a Business Development Executive at Think And Learn Pvt. Ltd., some of the key roles
and responsibilities include:
Overall, the goal of the Business Development Executive at Think And Learn Pvt. Ltd. is to
drive growth and revenue for the company by identifying and pursuing new business
opportunities and partnerships.
THE VISION OF THE COMPANY
Approach of Think And Learn Pvt. Ltd. was to cater to learning experiences that integrate
classrooms from the best teachers, assessments and assignments that are individual,
simultaneous and in-depth analysis for each student and recommendations.
SWOT analysis of Think and Learn Pvt. Ltd. can be based to make important strategic
decisions and accomplish the business objectives. The four components of Think and Learn
Pvt. Ltd. SWOT analysis are given below:
Paid subscription:
Think And Learn Pvt. Ltd. has a portion of its services that are paid, whereas firms like Khan
Academy, provide free services. This might attract Think And Learn Pvt. Ltd. consumers.
Content and security:
Content is the key factor here, Think And Learn Pvt. Ltd. has been bold enough to try out
new ideas and bring in innovation (e.g.-hiring children having command over a topic to tutor
that specific topic). However security remains to be a major threat, thus the content can be
easily copied.
Influence:
Students would want a specific teacher for specific topics, specific content and graphic style.
Think And Learn Pvt. Ltd. has to consider these opinions in order to provide better services.
COMPANY NETWORK
Number of common
Name State Paid up capital
director
Byjus Investments
3 Karnataka 100.00 Cr
Private Limited
Span Thoughtworks
3 Tamil Nadu 1.74 Cr
Private Limited
Intap Labs Private
3 Rajasthan 18.07 Lac
Limited
Think And Learn
Pvt. Ltd. K3
3 Karnataka 23.74 Lac
Education Private
Limited
Aakash Educational
3 Karnataka 33.85 Cr
Services Limited
Toppr Technologies
3 Karnataka 50.91 Lac
Private Limited
Whitehat Education
Technology Private 2 Maharashtra 43.69 Lac
Limited
Grade Stack
Learning Private 2 Karnataka 7.35 Lac
Limited
Great Lakes E-
Learning Services 2 Delhi 1.75 Cr
Private Limited
Go Fashion (India)
1 Tamil Nadu 54.01 Cr
Limited
Pure N Sure Food
1 Madhya Pradesh 92.99 Lac
Bites Private Limited
Manuram Finance
1 Tamil Nadu 5.56 Cr
Tamil Nadu Limited
Five-Star Business
1 Tamil Nadu 29.14 Cr
Finance Limited
Capfloat Financial
Services Private 1 Karnataka 67.13 Cr
Limited
Finova Capital
1 Rajasthan 130.47 Cr
Private Limited
Rupeek Fintech
1 Karnataka 7.76 Lac
Private Limited
Weblength Infonet
1 Madhya Pradesh 2.09 Lac
Private Limited
Homevista Decor
And Furnishings 1 Karnataka 58.42 Cr
Private Limited
Fintech Blue
Solutions Private 1 Maharashtra 1.58 Cr
Limited
K12 Techno
Services Private 1 Karnataka 27.13 Cr
Limited
Inspilearn Education
1 Maharashtra 1.37 Lac
Private Limited
Rebel Foods Private
1 Maharashtra 9.28 Cr
Limited
Sequoia Capital
1 Maharashtra 1.00 Lac
India LLP
THINK AND LEARN PVT. LTD. – YOUR BEST READ IS JUST ONE TAP AWAY!
Think And Learn Pvt. Ltd. is an education tutoring that runs on a freemium model, with free
access to limited content for 15 days after registration. It was launched in August 2015,
offering educational content for students in classes 4 to 12, and in 2019 launched an early
education program for classes 1 to 3. It trains students for exams like IIT-JEE, NEET, CAT,
IAS in India and also for international exams like GRE and GMAT.
Academic topics and concepts are explained with 12–20-minute digital animation videos
through which students learn in a self-paced mode. Think And Learn Pvt. Ltd. reports 40
million total users, 3 million annual paid subscribers, and an annual retention rate of
proximately 85%. In October 2018, the expanded to the United Kingdom, the United States,
and other English-speaking countries.
In 2019, the company announced that it would launch its in regional Indian languages. It also
planned to launch an international version of the for English-speaking students in other
countries. And to meet the needs of kindergarten students, Think And Learn Pvt. Ltd.
launched new programs in its Early Learn .
In April 2021, the company also announced the launch of "THINK AND LEARN PVT. LTD.
Future School" led by WhiteHat Jr. founder Karan Bajaj. The Future School aims to bridge
passive to active learning with an interactive learning platform blending coding through
storytelling and other subjects such as maths, science, English, music and fine arts. Think
And Learn Pvt. Ltd. will launch Future Schools in the United States, United Kingdom,
Australia, Brazil, Indonesia and Mexico in May. Karan Bajaj left WhiteHat Jr. a year after the
acquisition.
The company is focusing on adopting a hybrid model of teaching and learning by launching
500 tuition centers across 200 cities in India. As of February 2022, 80 centers have already
been launched.
CHAPTER 2
In other words, and in the interest of keeping things simple, marketing strategy is about the
following:
A company's marketing strategy is its plan to reach potential consumers and convert them
into paying customers for its goods and services. A marketing strategy includes:
The 4 Ps are key considerations that must be thoughtfully reviewed and wisely implemented
in order to successfully market a product or service. They are product, price, place and
promotion.
1. Product:
Products are goods and services that solve problems and satisfy consumer needs. A product
can be tangible, such as a vehicle or a piece of clothing, or intangible, such as a cruise or a
house cleaning service. A successful product either fills a void in the market or provides a
unique experience that drives demand.
2. Price:
Price is the cost of the product that the consumer pays. During product marketing, it is
important to set a price that reflects current market trends and is affordable to consumers, yet
profitable to the business. The price may fluctuate depending on supply and demand and the
sales cycle of the product. While some businesses may lower the price to compete with the
market, others may raise it – especially if they are promoting a luxury brand.
3. Place:
This is where the product or service is bought by the customers. This also includes where the
product is stored and manufactured. Digital transformation has evolved in how products are
sold, small local shops or global producers. This marketing plan also considers where and in
what format the product is advertised, such as magazines, ads, radio, infomercials or film
product placement.
4. Promotion:
Promotion refers to reaching the target audience with the right message at the right time. It
gets the word out and is an effective way to boost sales and connect with consumers. The
purpose of a promotional strategy is to show consumers why they will need a certain product
and reasons to buy it over other products. The core of marketing communications, product
promotion is pushing out specific and meaningful advertising through popular channels:
word-of-mouth seeding, social networking, Instagram campaigns, print marketing, television
advertising, email marketing campaigns, social media marketing and more.
Marketing strategy is a process that allows an organization to focus its limited resources on
the best opportunities to increase sales and achieve sustainable competitive advantage.
By-Philip Kotler:
“Marketing strategy is a long-term, forward-looking approach and overall game plan of any
organization or any business, with the fundamental goal of achieving a sustainable
competitive advantage by understanding customer needs and wants.”
By-Adam Barone:
"A marketing strategy refers to a business's overall game plan for reaching potential
consumers and converting them into customers of its products or services. A marketing
strategy includes a company's value proposition, key brand messages, data on target customer
demographics, and other High-level elements are involved.”
By-Noah Kagan:
"Do you have a product or service that people want? If you don't have that, nothing else
matters.”
By- Clark:
"Different tools which support managers in all phases of strategic management - from the
strategic analysis phase, through the strategic choice to implementation"
Marketing strategies serve as the fundamental basis for marketing plans designed to meet
market needs and reach marketing objectives. Plans and objectives are typically tested for
measurable results. Typically, marketing strategies are developed as multi-year plans,
with a tactical plan detailing specific tasks to be accomplished in the current year. The
time horizon covered by a marketing plan varies by company, industry and country,
however, the time horizon is becoming shorter as the pace of change in the environment
increases. Marketing strategies are dynamic and interactive. They are partly employed
and partly unplanned.
Marketing strategy involves careful scanning of the internal and external environment.
Internal environmental factors include the marketing mix, as well as performance analysis
and strategic constraints. External environmental factors include customer analysis,
competitor analysis, target market analysis, as well as an evaluation of any elements of
the technical, economic, cultural or political/legal environment that may affect success. A
key component of marketing strategy is often aligning marketing with the company's
overarching mission statement. In addition to SWOT analysis, portfolio analysis such as
the GE/McKinsey matrix or COPE analysis can be performed to determine strategic
focus.
Thus, for example, many new products will emerge from irrational processes and the
rational development process can be used (if any) to weed out the worst non-runners. The
design of the advertisement, and the packaging, will be the output of creative minds at
work; Which management will often screen by 'gut-reaction' to make sure it is
appropriate.
For much of their time, marketing managers use intuition and experience to approach and
analyze complex, and unique, situations; Without easy reference to theory. This will often
be a 'fly by the seat of the pants', or a 'gut-reaction'; Where the overall strategy, along
with the knowledge of the customer has been almost absorbed by the process of osmosis,
will determine the quality of marketing employed. This, almost effortless management, is
sometimes called 'fat marketing'; To differentiate it from the refined, aesthetically
pleasing form favoured by theorists.
Marketing strategies may vary depending on the unique situation of the individual
business. However, there are many ways to classify some common strategies. A brief
description of the most common classification schemes is presented below:
Strategies based on market dominance - In this scheme, firms are classified on the
basis of their market share or dominance of an industry. There are generally four types
of market dominance strategies:
market leader
market challenger
market follower
market shorts
Porter General Strategies - Strategy on the dimensions of strategic scope and
strategic strength. Strategic scope refers to market penetration while strategic strength
refers to sustainable competitive advantage of the firm. The general strategy
framework (Porter 1984) includes two alternatives each with two alternative scopes.
These are differentiation and low-cost leadership, each along a dimension of focus—
broad or narrow.
Product differentiation (broad)
Cost leadership (broad)
Market segmentation (narrow)
Innovation Strategies - This relates to the firm's rate of new product development and
business model innovation. It asks whether the company is at the forefront of
technology and business innovation. There are three types:
pioneers
close followers
late followers
Growth Strategies - In this plan we ask the question, "How should the firm grow?"
There are many different ways to answer that question, but the most common answer
four:
horizontal integration
vertical integration
Diversification
Intensity
Another essential step is creating buyer personas – representations of the different types of
people that make up your target audience. These personas are fictitious but based on data
from your actual customers or campaign visitors. When building your buyer persona, list as
many relevant traits as possible, such as:
Age
Job title
Place
Interests
Target
You also need to set goals for your marketing plan. These objectives will keep you on track
when creating your marketing strategies. Set overall goals and then break them down into
smaller goals that will help you achieve them.
To make your goals more effective, set SMART goals. SMART goals are:
Specific: Make broad goals and avoid vagueness. For example, a goal to "increase
generated leads by 20%" is better than just "increase generated leads."
Measurable: Set up a process to measure your progress towards your goals.
Attainable: Set ambitious goals but make sure they are realistic to achieve.
Relevant: Your marketing goals should be relevant to your overall business
objectives.
Time Bound: Set deadlines for achieving your goals to keep you on track.
It's important to define and allocate your marketing budget to avoid overspending and ensure
you're getting the most out of your resources. Research digital marketing pricing and specific
budgets for your industry to help you decide on your budget. Your goals will also be a
deciding factor in how you allocate your spending because you want to devote more
resources to your most important goals.
Next, choose the digital marketing channels and strategies that best match your brand, help
you reach your target audience, and help you achieve your goals. You have many options
when it comes to internet marketing strategies. We will discuss several of these types of
marketing strategy with examples in the next section.
Next, you can begin planning your strategies for each channel, as well as how your different
strategies will work together to achieve your overall objectives. The planning process varies
depending on the channels you are using. For example, social media marketing involves
deciding which platform to use, what kind of content you want to post, and creating a content
calendar.
Track your results closely as your campaigns run. As you collect data about campaign
performance, you can uncover potential improvements. Feel free to refine your strategies
based on what you've learned.
Before you begin implementing any growth strategy, it is important to first develop a
comprehensive marketing plan. This plan should outline your goals, target audience, budget
and the specific strategy you will use to achieve your goals.
Your marketing plan should also include a thorough analysis of your current presence,
including your campaign, social media accounts, and any other assets. This will give you a
good idea of what is working well and where you can improve.
Having a well-designed and user-friendly campaign is vital for any business to grow. But just
having a campaign isn't enough – you also need to make sure it's optimized for search
engines.
Search engine optimization (SEO) is the process of optimizing your campaign to improve its
ranking in search engine results pages. This includes a variety of strategies, such as keyword
research, on-page optimization, and link building.
Paid advertising can be a valuable tool for businesses that want to grow . One of the most
popular forms of paid advertising is pay-per-click (PPC) advertising, which allows you to
advertise on search engine results pages and only pay when someone clicks on your ad.
PPC advertising can be an effective way to drive targeted traffic to your campaign and
increase your visibility. It can also help you reach potential customers who are actively
searching for products or services similar to yours.
4. Use Social Media to Connect with Customers:
Social media has become an essential tool for businesses looking to grow . Not only can it
help you increase your visibility, but it also allows you to connect directly with customers
and build relationships with them.
In order to effectively use social media for business development, it is important to have a
clear strategy in place. This should include defining your target audience, choosing the right
platform for your business, and creating engaging content that resonates with your audience.
Email marketing can be a highly effective tool for businesses looking to grow . By collecting
email addresses from customers and potential customers, you can send them targeted and
personalized messages that promote your products or services.
To be successful in email marketing, it is important to build a targeted email list and send
engaging and valuable content to your subscribers on a regular basis. This may include
newsletters, promotional offers or special content.
Content marketing is a strategy that involves creating and distributing valuable and relevant
content to attract and retain a clearly defined audience. This content can take many forms,
such as blog posts, videos, infographics, or eBooks.
By providing valuable and informative content, you can establish your business as an
authority in your industry and build trust with your customers. This, in turn, can increase
campaign traffic, engagement and conversions.
Partnering with local brands to market your company can be a highly effective way to
increase your reach and visibility in the local community. By collaborating with other local
businesses, you can tap into their existing customer base and gain access to their networks
and followers. It can help you grow your presence and drive more traffic to your campaign or
social media pages.
Working with local brands can also help build trust and credibility with potential customers.
By aligning your business with well-known and respected local companies, you can
demonstrate your commitment to the community and your shared values and goals. This can
help build customer loyalty and encourage more people to engage with your brand.
8. Build an Online Community:
Building an online community is a great way to market your company and connect with
potential customers. By creating a space where people can connect and share their
experiences with your product or service, you can foster a sense of belonging and loyalty
among members of your community.
Automation can be a powerful tool for marketing a company more effectively. Using
automation, businesses can automate repetitive tasks, such as sending emails or posting on
social media, freeing up time for more strategic marketing activities.
Livestreams and webinars can be powerful tools for marketing a company. By hosting a
livestream or webinar, a company can engage directly with its audience and provide valuable
information or insight about its products or services. This can help build trust and credibility
with potential customers and showcase the company's expertise.
‘
10 FACTORS THAT DETERMINE MARKETING STRATEGY LEVEL
1. Product Type:
The type of product plays an important role in deciding on the promotional mix. Products can
be classified as branded products, non-branded products, essential products, luxury products,
new products, etc. All these types of products require different promotional tools. For
example, advertising is suitable for branded and popular products. Personal selling may be
appropriate for non-branded products. Advertising, personal selling, sales promotion and
publicity – all the four tools – are used to gain rapid consumer acceptance for a newly
launched product.
2. Product usage:
The product may be an industrial product, a consumable and essential product, or a luxury
product that influences the selection of promotional equipment and media. For example,
advertising and sales promotion techniques are widely used for consumer goods while
personal selling is used for industrial goods.
3. Product Complexity:
Product complexity affects the selection of promotional tools. Personal selling is more
effective for complex, technical, risky and newly developed products as they require personal
explanation and observation. On the other hand, advertising is more suitable for simple and
easy to handle products.
The company should also consider purchase frequency and purchase quantity while deciding
on the promotional mix. In general, often in order to buy a product, advertising is used, and
sometimes in order to buy a product, personal selling and sales promotion are preferred.
Personal selling and advertising are used for heavy users and light users respectively.
The financial strength of the company is an important factor affecting the promotional mix.
Advertising through television, radio, newspapers and magazines is too expensive to be
afforded by financially poor companies, whereas personal selling and sales promotion are
comparatively cheap tools. Even, the company may opt for publicity by highlighting some
commercially important events.
6. Type of Market:
The type of market or consumer characteristics determines the form of the promotion mix.
Education, location, income, personality characteristics, knowledge, bargaining power,
occupation, age, gender, etc. are important factors that affect the company's promotional
strategy.
7. Market Size:
Naturally, in case of a limited market, personal selling is more effective. Advertising is better
when the market is wide with a large number of buyers. Location is also an important issue.
The type of message, language of the message, type of sales promotion tool etc. depend on
the geographical areas.
The product passes through four phases of its life cycle. Each stage has different threats and
opportunities. Each stage requires different marketing strategies. Each promotional tool has
been found to have varying degrees of suitability with the stages of the product life cycle.
i. Advertising, personal selling and, even sales promotion are used during the
introduction stage. However, more priority is given to advertising.
ii. During the second phase more intensive advertising and sales promotion techniques
are used.
iii. In the third stage personal selling as well as more vigorous advertising is followed.
iv. The company prefers to curtail expenses in the fourth stage, and promotional efforts
are reduced.
9. Level of Competition:
Promotional efforts are designed according to the type and intensity of the competition. The
purpose of all promotional tools is to protect the interests of the company against
competition. The level of promotional efforts and the selection of promotional tools depend
on the level of competition.
It is the major factor affecting the promotional mix. Different objectives can be achieved by
using different means of promotional mix. If the objective of the company is to inform a large
number of buyers, advertising is advisable. If the company wants to convince a limited
number of consumers, it can go for personal selling. Even, sales promotion can be used when
the company wants to influence the buyers during a specific season or occasion. Some
companies use promotion to build or improve brand image and credibility in the market.
IMPORTANCE OF MARKETING STRATEGY
Helps in achieving competitive advantage:
First and foremost in the list of importance of marketing strategy is that it helps the firm to
gain competitive advantage in the market amidst stiff competition with an edge over the
existing players and new entrants who are trying to establish their brand presence in the
market.
A well-defined marketing strategy emphasizes the unique selling proposition of the brand,
along with the features and benefits of the products and services offered by the firm,
highlighting in a creative, strategic and planned manner that the brand and its offering in what
way is better. Competitor K. Consistent and consistent messaging and communication
strategy helps the brand to create a unique identity in the volatile and competitive market.
Brand identity:
Along with promoting the goods and services offered by the firm, having a powerful
marketing strategy helps the brand and the overall company gain a notable following in the
target market and industry with customers and industry peers. brand and its offering in a
niche and positive way.
The mainstay of the marketing strategy is to highlight the brand's attributes, heritage and USP
and start going after its offerings.
Attract a New Group of Customers:
The management and marketing department of the firm need to understand the importance of
marketing strategy if they want to attract new set of customers from the same operating
market as well as untapped markets.
Promotional tools and techniques which are an integral part of the marketing strategy are
planned and selected keeping in view the taste, lifestyle, income level and such other
parameters of the target customers which act as a pull factor for them and help transform the
sales department. Fence sits for quality prospects and customers of the brand.
Plan the nature of the products and services:
Market research and study is an important part of the marketing strategy and this aspect helps
the management of the company to plan features, and unique selling propositions of the
products and services that are in the pipeline or are in the launch planning stage.
There is in-depth research and study on current market scenarios, competitors' offerings,
government policies, profitability factors, and such other changing dynamics that may affect
the sales and operations of products and services. Therefore, it is important to pay due
attention to the importance of marketing strategy for the company and its promoters.
Plan the Marketing Budget:
Every department of the company ranging from marketing, sales, HR and others is given an
annual budget by the management which needs to be spent in the profit of the company.
A planned and aligned marketing strategy ensures that the allocated budget is not squandered
by spending it on promotional activities that have low return on investment as well as optimal
utilization and allocation of marketing budget on marketing tools and promotional strategy.
This not only helps in achieving the marketing goals but also the overall business goals and
objectives.
Creative Edge:
Next in line of importance of marketing strategy is that the brand and all overall marketing
and promotional activities get an edge of creativity as the brand censors and marketing
department liaise with design agencies, media planners, PR agencies and other such vendors,
who dedicatedly understand the nature of the brand and its offerings and come up with
unique, offbeat and distinctive ideas that give a creative edge to the brand and help carve out
a distinctive personality in the market.
Effective distribution plan:
Once the management understands and understands the essence and importance of marketing
strategy, it can have an effective distribution plan. With the introduction of online sales and
the growing influence of social media, the company needs a wider network of distribution as
the younger generation prefers to buy products and services online directly from the
company's campaign or through its online promotional partners.
This is different for the middle aged or older generation who still believe in visiting physical
stores of our brands to shop and finalize the purchase. The company needs to keep pace with
the latest advancements and the evolving tastes and preferences of customers across all age-
groups.
Optimum Pricing:
With an in-depth study of market dynamics along with competitive research and the spending
capacity of the target market, marketing strategy helps the company to reach an optimal
pricing plan for its products and services that is competitive as per the market norms, in
nature, and helps the company to generate higher sales and profits. This point is very
important in understanding the importance of marketing strategy.
Properly researched and targeted marketing will bring in new and returning customers.
Feedback from current and former customers can identify areas for improvement.
Increase brand awareness.
Allows for a more personal relationship between the business and the customer.
Increase in market share.
Marketing can be expensive and reduce profits, especially for small businesses.
It is difficult to accurately measure the cost benefit of a marketing campaign.
Not all campaigns are successful because they were not carefully researched and
planned.
The business may need additional staff to assist with advertising.
Profit margin is reduced by the cost of branded items used for advertising.
Additional staff may be needed for the time required to keep information on
campaigns and social media up to date.
MARKETING PROPORTION
CUMULATIVE REPRESENTING AMOUNT SPENT BY COMPANIES ON
MARKETING AND OTHER EXPENSES.
Advertising Statistics:
68% of marketers said that paid advertising is "very important" or "extremely
important" to their overall marketing strategy.
Search advertising spending was projected to exceed $137 million in 2022.
In 2022, eMarketer predicts that PPC (pay-per-click) advertising spending will exceed
$258 billion.
The typical cost per click for search ads is in the range of $2 to $4.
The industries with the highest average cost per click are attorneys and legal services,
dentists and dental services, and home improvement at $6-8 per click.
Conversion Rate Optimization Statistics:
According to marketing spend statistics, for every $92 spent on acquiring a customer,
only $1 is spent trying to convert them.
68% of small businesses do not have a structured or documented conversion rate
optimization (CRO) strategy.
Only about 22% of businesses are satisfied with their conversion rates.
The average landing page conversion rate is 2.35%.
The best campaigns have an average conversion rate of 11.45%.
Video Marketing Statistics:
The current average viewer spends 100 minutes per day watching digital videos.
86% of businesses use video as a marketing tool.
34.4% of marketers create new videos monthly, while 33% create new videos every
week.
The most commonly created types of video are explainer videos (74%).
Other top video types are social media videos, presentation videos, video testimonials,
video ads, sales videos, and product demos.
Content Marketing Statistics:
82% of companies report using content marketing.
48% of companies with a content marketing strategy use blogging.
The most popular blog content formats are how-to articles (77%), followed by news
and trends (49%), and guides and eBooks (47%).
B2B blogs with educational content get 52% more organic traffic than B2B blogs
with company-focused content.
The leading content marketing types used by B2C marketers are blog posts/short
articles (83%), email newsletters (74%), and pre-produced videos (62%).
Search Engine Optimization Statistics:
Google currently holds 83.84% of the search engine market share.
Google receives over 105,191 searches per second.
53% of shoppers say they always research a product using a search engine before
making a purchase decision.
50% of search queries are 4 words or more.
About 8% of search queries are expressed as questions.
Social Media Marketing Statistics:
The average social media user has accounts on more than 8 social media platforms.
Users spend an average of about 2 hours 29 minutes on social media every day.
43% use social media to make purchasing decisions.
Facebook is still the most popular social media platform with 2.9 billion monthly
active users. YouTube ranks second with 2.2 billion monthly active users.
Chapter : 3
Dr. Sangeeta Mukherjee (March 2020): The technological innovations that are
adopted by BYJU’S are highly helpful to students to understand basic and complex
concepts in a very short time. The BYJU’S App uses web-based learning, visual
learning, and personalized learning which altogether provide an immersive learning
experience to students. One of the findings is that the advertisement claims that the
App makes an interactive learning experience. The premium subscription is a bit
costly for the average earning Indian consumer.
IBEF (April 2019): Online education in India is growing fast and many
student have access to smart phones, computers, and the internet. Integrating
technology is the need of the hour since everything is going digital. India has
the largest K-12 students in the world with over 260 million students. Also,
there is a rise in low-cost smart phones, accessibility to the internet among the
students is increasing.
Forbes (October 2019): found that the backbone of BYJUS app personalized
learning is its rich learning profile. Graphs of over one lakh concepts and
relationships that have been created to design personal learning journeys --
videos, questions, adaptive flows, quizzes, flashcards, correctional learning
video, and so on. Additionally, the learning content is also tagged to multiple
other properties and parameters. This content is tagged at the sub micro
concept level which helps the algorithms create a smooth learning curve for
the student so that they feel challenged, yet motivated.
Financial Times (December 2019): Found that, BYJU’s has around 3 million
subscribers who are school going students. BYJU’S has made India an emerging
ground for testing the Ed-tech industry. It is estimated by KPMG
and Google that India’s online learning sector will reach $2B by 2021.
The Indian Express (April 2020): After nationwide lockdown in India, there
was an increase of 150% in new enrollment on the BYJU’s App. BYJU’s has
also started free live classes on its platform for class 4 to class 12 students in
India.
CHAPTER :.4
RESEARCH METHODOLOGY
RESEARCH METHODOLOGY
Research methodology is a way of explaining how a researcher intends to carry out their
research. It's a logical, systematic plan to resolve a research problem. A methodology details
a researcher's approach to the research to ensure reliable, valid results that address their aims
and objectives.
A research methodology gives research legitimacy and provides scientifically sound findings.
It also provides a detailed plan that helps to keep researchers on track, making the process
smooth, effective and manageable.
RESEARCH DESIGN
This paper titled “Byju’s - The Learning App: An Investigative Study on the Transformation
from Traditional Learning to Technology Based Personalized Learning among High School
and Higher Secondary Students” uses Quantitative Methodology of research to analyse data
collected through questionnaires which were sent through Google Forms. The objectives of
the study include:
Data Collection in research can be defined as the process of collecting and measuring
information in a systematic manner so as to answer research questions, test hypothesis
and evaluate outcomes.
For collecting data for this study, the researchers chose learners from class VIII to
XII, of both CBSE and State Boards.
Questionnaire has been distributed to learners from over 25 schools in 5 Districts of
Kerala, namely, Kannur, Malappuram, Palakkad, Thrissur and
Thiruvananthapuram; in order to find out how Byju’s App transforms and
influences their study behaviour.
They have been given around two weeks to fill the questionnaire and return the same
to the researchers.
The learners who use the app actively participated in filling out the questionnaire.
SAMPLING TECHNIQUE
The sampling technique used in this study is Simple random sampling. Simple random
sampling is the method used to call aa smaller sample size from a larger population and use it
to research and make generalizations about a larger group.
Descriptive analysis
It is concerned with charts, tables and interpretation from the findings of a research of a
research study. The following are the descriptive statistics which are used in this study.
Percentage analysis:
Percentage analysis is the method to represent raw data as a percentage for better
understanding of data collected. It is one of the statistical estimates used to divulge the
attribute of the sample or population in the total. It includes computing proportions of factors
chosen for the analysis and its findings will give sample elucidation for the researchers and
readers.
QUESTIONNAIRE DESIGN
The questionnaire for the research is to be structured in which different type of questions like
open ended and close ended are covered. The questions will be designed as an option,
multiple choice. A close ended question is one where the respondents is given a range of
answers and has to make a choice of one or more. The questions in the questionnaire were
arranged in a sequential manner.
The instruments used in the study are research instrument which is used for gathering or
collecting information. These instruments are:
Direct questions
Close end questions
Dichotomous questions
Multiple choice questions
DICHOTOMOUS QUESTIONS
It is a question which can have two possible answers. Dichotomous questions are usually
used in a survey that asks for yes/no, true/false, or agree/disagree answers. They are used for
clear distinctions of qualities, experiences or respondent’s opinion.
SAMPLE SIZE
Sample size is the act of choosing the number of respondents. Sample of 100 respondents
were taken from the population by using random sampling method.
SAMPLE DESIGN
Sample design is imperative in every specific study. Hence in this study simple random
sampling methods have been used to collect data.
SAMPLING TECHNIQUE
The collected data will be analyzed with the help of statistical tools. The percentage analysis
is used.
CHAPTER: 5
CLASS OF RESPONDENTS
Between 5-8 15 25
Between 9-12 45 75
Total 60 100
Figure 5.1
class of respondents
25
Between 9- 12
Between 5- 8
75
Interpretation: From fig. 5.1., it is clear that out of 60 respondents, 75% of respondents are
of class between 9-12 and rest 25% of respondents are of the class between 5-8.
TABLE 5.2
GENDER OF RESPONDENTS
Female 36 60
Male 24 40
Total 60 100
Figure 5:2
Gender Of Respondents
40
60
female male
Interpretation: From the above graph, it is clear that 60% of respondents are female and rest
are 40% are male respondents.
TABLE 5.3
USAGE OF BYJU’S APP FOR THE PAST
Particulars Number %(Percentage)
6 months 9 15
1 year 17 28.3
More than one year 15 25
More than 2 years 19 31.7
Total 60 100
Figure 5.3
31.7
28.3
25
6 months 1 year
more than one year more than 2 years
Interpretation: From the graph, it is clear that 31.7% respondents are using BYJU’S app for
more than 2 years, 25% for more than 1 year, 28.3% of respondents are for 1 year and 15% of
respondents are for 6 months.
TABLE 5.4
SOURCES OF INFORMATION
Particulars Number %(Percentage)
TV ads 17 28.3
Teacher suggested 16 26.7
Friends suggested 19 31.7
Cousin suggested 8 13.3
Total 60 100
Figure 5.4
Sources of information
13.3
28.3
31.7
26.7
TABLE 5.5
USEFUL APP FOR EDUCATION
Particulars Number %(Percentage)
Strongly disagree Nil Nil
Disagree Nil Nil
Neutral 1 1.7
Agree 32 53.3
Strongly agree 27 45
Total 60 100
Figure 5.5
45
53.3
Interpretation: From the graph, it is clear that 53.3% of respondents agreed the students,
whereas 45% strongly agreed and rest 1.7% are in neutral. None of them are dissatisfied with
the usage of app.
TABLE 5.6
IT MAKES STUDIES EASIER
Particulars Number %(Percentage)
Strongly disagree Nil Nil
Disagree Nil Nil
Neutral 3 5
Agree 41 68.3
Strongly Agree 16 26.7
Total 60 100
FIGURE 5.6
26.7
68.3
Interpretation: From the graph, it is clear that majority of the respondents (68.3%) agreed
the statement, 26.7% are strongly agreed the statement and rest 5% are in neutral state.
TABLE 5.7
VISUAL REPRESENTATION OF TOPICS MAKES STUDYING EASY
Particulars Numbers %(Percentage)
Strongly disagree Nil Nil
Disagree Nil Nil
Neutral 2 3.4
Agree 17 28.3
Strongly agree 41 68.3
Total 60 100
Figure 5.7
28.3
68.3
TABLE 5.8
KNOWLEDGE PROVIDED BY THE APP IS VERY EFEECTIVE
Particulars Numbers %(Percentage)
Strongly disagree Nil Nil
Disagree Nil Nil
Neutral 5 8.4
Agree 38 63.3
Strongly agree 17 28.3
Total 60 100
Figure 5.8
8.4
28.3
63.3
Interpretation: From the graph, it is clear that majority 63.3% of respondents agreed the
statement whereas 28.3% of them strongly agreed and 8.4% of them are neutral. None of
them dissatisfied with the knowledge provided by the app.
TABLE 5.9
USAGE OF APP FOR MORE THAN 2 HOURS A DAY
Particulars Numbers %(Percentage)
Strongly disagree Nil Nil
Disagree 3 5
Neutral 20 33.3
Agree 34 56.7
Strongly agree 3 5
Total 60 100
Figure 5.9
33.3
56.7
Interpretation: According to table 5.9., 56.7% of respondents agreed that they use app for
more than 2 hours a day and 33.3% of them are neutral alike, 5% of the total people disagreed
and rest 5% strongly agreed that they use for long time.
TABLE 5.10
ORIENTATION EXAMS PROVIDED BY THE APP IS VERY EFFECTIVE
Particulars Numbers %(Percentage)
Strongly disagree Nil Nil
Disagree 1 1.7
Neutral 8 13.3
Agree 45 75
Strongly agree 6 10
Total 60 100
Figure 5.10
75
CHAPTER :6
FINDINGS AND CONCLUSION
FINDINGS
The data was collected from the respondents and were collated for analysis based on
statistical models.
Statistical models help to provide an inference or a conclusion from a small
population.
Bar Diagrams, and Tables were used to illustrate the data collected.
After the effective representation of data, the researchers could analyse the data
through Inferential Analysis and Descriptive Analysis.
Inferential Data Analysis is a type of analysis that helps to test theories based on the
samples collected from a group of subjects.
Descriptive Data Analysis describes the main features of the data collected
quantitatively.
The tagline of BYJU’S App is “Fall in Love with Learning.”
It is inferred that most of the subscribers of BYJU’S app are female only some male
are using it.
It is inferred that students belong to class between 9-12 are majority and only 25% of
them belongs to class between 5-8.
It is inferred that almost 31.7% of students are using it for the past more than 2 years,
28.3% of them are using app for the past one year and rest 25% of them are for more
than one year and 15% for 6 months.
It is inferred that majority of the respondents subscribed BYJU’S app when their
friends suggested, about 28.3% of the people because of the influence of TV ads.
Around 26.7% of the people subscribed BYJU’S because their teacher suggested it.
And the rest 13.3% of them are by their cousin suggested.
It is inferred that majority of the students agreed that BYJU’S app is very useful for
education and none of them disagreed that.
It is also inferred that majority respondents agreed that BYJU’S app makes studies
easier and only a few respondents strongly agreed it.
It is inferred that majority of the people strongly agreed that visual representation of
topics makes studies easier. None of them has disagreed the statement.
It is inferred that 63.3% of respondents agreed that knowledge provided by BYJU’s
app is very effective and about 28.3% of them strongly agreed.
Majority of the respondents agreed that they use BYJU’S app for more than 2 hours a
day. While 33.3% of them are in neutral alike.
It is inferred that orientation exams provided by the BYJU’S is very effective because
most of the people agreed it.
It is inferred that doubts of students are clearly delivered in a timely manner.
It is also inferred that tutors are knowledgeable about the subject they teach.
It is also inferred that most of the respondents agreed that BYJU’S app is very costly.
It is better to provide some financial assistance to the students.
It is inferred that majority of the respondents agreed that subscription of the app on
BYJU’S website accurately represent what they provide in virtual classroom.
It is inferred that majority of the respondents disagreed the subscription of other
learning apps. This implies that they are mostly depended upon BYJU’S app.
Majority of the respondents are happy to recommend BYJU’S app to others.
It is inferred that most of them strongly agreed that visual learnings make learning
interesting.
Majority of them choose BYJU’S app rather than going to tuitions.
It is inferred that respondents agreed that tutors of BYJU’S app can be contacted
easily.
Majority of the respondents have no exact answer for the statement videos are
available better in YouTube than BYJU’S app.
It is inferred that Brand image of BYJU’S app is better than any other learning apps.
Majority of them agreed that learning tougher topics made their studies simple and
easier in BYJU’S app.
It is inferred that majority of the respondents strongly agreed that artificial
intelligence makes education interesting.
CONCLUSION
This helps the researchers to know about the student’s satisfaction on BYJU’S LEARNING
APP. The BYJU’S App is known for its self-paced learning experience by enabling the
students crack down difficult concepts. The app uses a host of modern techniques like web-
based learning, visual graphics, video-based instruction, etc. to provide an immersive
learning experience. These innovations are highly helpful for the students to understand basic
concepts and enable them to prepare for exams. From this study, it is clear that BYJU’S app
has transformed Indian education scenario by effectively incorporating Constructive methods
of teaching and learning. Most of the respondents agree that the app is interactive,
comfortable and effective. But the study also finds that some users are not able to effectively
use this App for personalized learning as they are not regular subscribers of the app. regular
subscription is on the expensive side for average Indian students. BYJU’S App is striving
hard to transform education scenario and will surely reach to a mass audience if it can
become more affordable.
From this study it is clear that the majority of the subscribers are female. Most of them are
satisfied with the knowledge provided by app, visual representation of topics, orientation
exams conducted. They are also satisfied with the services provided by tutors. BYJU’S app is
very useful for the studies and it makes studies in a interesting way. BYJU’S app is a good
substitute for tuitions. From this it is identified that, most of the students are satisfied with the
subscription of BYJU’S LEARNING APP and agreed that the app is interactive,
comfortable and effective.
CHAPTER : 7
BIBILOGRAPHY
1. I am using BYJU’S app for the past- 6 months/ 1 year/ more than one year/
more than two years.
2. I have subscribed BYJU’S app when