Sip Report
Sip Report
On
“A STUDY OF PERCEPTION OF COMMUNITY
BASED MARKETING WITH SPECIAL
REFERENCE TO TRADITIONAL APPROCH”
Submitted to
Institute Code: 02
GANDHINAGAR INSTITUTE OF MANAGEMENT
Under the Guidance of
DR. DEVENDRA LODHA
Associate Professor
1
STUDENTS’ DECLARATION
We hereby declare that the Summer Internship Project Report titled “A STUDY OF
PERCEPTION OF COMMUNITY BASED MARKETING WITH SPECIAL
REFERENCE TO TRADITIONAL APPROCH” is a result of my/our own work &
my/our indebtedness to other work publications, references, if any, have been duly
acknowledged. If I/we am/are found guilty of copying from any other report or
published information and showing as my/our original work, or extending plagiarism
limit, I/we understand that I/we shall be liable and punishable by the university, which
may include Failing me/us in examination or any other punishment that university may
deem fit.
PANCHAL VIVEK A.
230204011057
2
INSTITUTE CERTIFICATE
3
GANDHINAGAR INSTITUTE OF MANAGEMENT
UNDERTAKING ABOUT ORIGINALITY OF WORK
DOC NO: 0093
I/We hereby certify that I/we am/are the sole authors of this SIP work and that
neither any part of this SIP work nor the whole of the SIP has been submitted for a
degree by other student(s) to any other University or Institution or Organization.
By I/we certify that, to the best of my/our knowledge, the current SIP work does
not infringe upon anyone’s copyright nor violate any proprietary rights and that any
ideas, techniques, quotations or any other material from the work of other people
included in my SIP or otherwise, are fully acknowledged in accordance with the
standard referencing practices. Furthermore, to the extent that I/we have included
copyrighted material that surpasses the boundary of fair dealing within the meaning
of the Indian Copyright (Amendment) Act 2012, I/we certify that I/we have
obtained a written permission from the copyright owner(s) to include such
material(s) in the current SIP report and have included copies of such copyright
clearances to our appendix.
In case of any claims or query raised toward the copyright infringement or any other
associative of submitted work then there are no any direct or indirect liabilities
posed upon Gandhinagar Institute of Management and/or concerned faculty and
staff members of the institute. All submitted work is solely responsibilities of the
student who has signed below for the submitted Project work.
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COMPANY CERTIFICATE
5
PLAGIARISM REPORT
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PREFACE
Direct mail utilizes targeted postal campaigns to reach specific demography, while print
advertising spans newspaper, magazines, and brochures to build brand awareness.
Telemarketing involves direct phone outreach to potential customer, and face to face
on personal interaction and relationship building. Each of these methods has its unique
strength, often complemented by detailed market research and landscape of marketing.
Understanding these traditional techniques provide a foundation for integrating modern
strategies and achieving comprehensive marketing objective.
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ACKNOWLEDGEMENTS
Only due to blessings of “GOD” and “OUR PARENTS”, we have been successful
to handle this project. It is pleasure to thank many individuals who helped me/us in
all phases of the project. Without their help, we would not have finished this project,
or even started it. Achievement of a goal is not one person’s job, it is a process and
knowingly or unknowingly many people contribute to this. Hence, we would be
delighted to grab this opportunity of recognizing all contributors by showing our
sincere gratitude.
We are highly indebted to Mr. Chirag Panchal (CEO of Company) for guiding,
helping, and advising us continuously and for enabling us to rise to this competency
level so as to handle such projects confidently. We are very thankful to Mr. Ronak
Parmar (Area Sales Executive) for giving me/us his valuable time to help me/us
out during our training.
We are very grateful to Dr. DEVENDRA LODHA (Internal Guide), Asso. Prof. at
Gandhinagar Institute of Management, Gandhinagar for guiding us in completing
our project successfully.
We are very thankful to local community without whose help our project would not
be completed.
We are acknowledging to our parents, who always helped us and encouraged me/us
to complete the work by providing needy funds.
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EXECUTIVE SUMMARY
This report contains of total 9 chapters. These chapters cover various parameters and
various details regarding community-based marketing and traditional approach.
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TABLE OF CONTENTS
PAGE
SR. NO. PARTICULARS
NO.
TITLE PAGE 1
STUDENTS’ DECLARATION 2
INSTITUTE CERTIFICATE 3
COMPANY CERTIFICATE 5
PLAGIARISM REPORT 6
PREFACE 7
ACKNOWLEDGEMENTS 8
EXECUTIVE SUMMARY 9
Chapter 1 Introduction 11
Chapter 2 OVERVIWE 25
Chapter 3 LITERATURE REVIEW 36
CORPORATE PROFILE OF VISION
Chapter 4 40
CAPITAL
PRODUCTS OF RESARCH
Chapter 5 44
METHODOLOGY
COMPITITORS OF DATA ANALYSIS AND
Chapter 6 47
ITS INTERPRETATION
Chapter 7 FINDING AND SUGGESTION 60
Chapter 8 LIMITATION 65
Chapter 9 CONCLUSION 70
BIBILOGRAPHY 72
ANNEXURE
Questionnaire
73
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CHAPTER 1
INTRODUTION
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Marketing is essentially the connection between businesses and their customers.
Companies identify who their target customers are, learn about their needs, and then
use various resources to create products or services that these customers find valuable.
Marketing involves not only creating and offering these products but also effectively
communicating their value to the customers, ensuring they are satisfied with their
purchase.
Recently, businesses have been coming up with unique products and services to meet
the changing needs of consumers and to stay ahead of the competition. Instead of just
focusing on the basic or physical aspects of a product, companies are now emphasizing
additional benefits or services that enhance the customer experience.
For example, Panasonic’s "Aeolia app" allows users to control their air conditioner
remotely, while Nestlé’s "Nespresso" combines coffee capsules with machines to
deliver a premium coffee experience. Tesla also adds value to its cars through updates
that can be installed wirelessly, and Panasonic's "Bistro" microwave ovens can have
their features updated even after purchase.
Pricing strategies have also evolved, with more companies adopting subscription
models rather than a simple one-time purchase price.
2. Community-Based Marketing:
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3. Changing Roles of Sales Channels:
1. Creating Value:
2. Perceiving Customers:
• Revaluate how customers are viewed and understood in this new digital age.
• The study aims to create a new marketing framework that explains modern
marketing activities effectively. It will look into how to:
o Define and create the value customers seek.
o Understand and perceive customers accurately.
o Communicate with customers in today’s digital and physical
environment.
In essence, the study is about adapting traditional marketing concepts to fit the new
digital reality, ensuring that companies can effectively engage with customers in a
rapidly changing landscape.
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1. Understanding the Importance of Community Marketing
Understanding the Importance of Community 1
For businesses, community marketing presents numerous advantages. One key benefit
is the ability to harness the influence of word-of-mouth marketing. When members of
the community have favorable interactions with a brand, they are more inclined to
spread the word, resulting in organic growth and heightened brand visibility.
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• To ensure ongoing engagement in community marketing, businesses should
prioritize providing valuable content, organizing interactive discussions, and
rewarding members who actively contribute.
• Sustaining engagement in a community marketing setting is crucial, and
businesses can achieve this by focusing on valuable content creation, holding
interactive events, and rewarding the most active community members.
1. Trust is essential for a thriving community. Without it, members may hesitate
to share their thoughts, feedback, or experiences. To build and maintain this
trust, focus on being transparent, genuine, and consistent in your interactions.
Respecting your members' privacy and preferences is crucial. Tools like privacy
settings, opt-in forms, and surveys can help members control their information,
while testimonials, reviews, and case studies can highlight the real successes of
the community.
2. A strong sense of trust is crucial for any successful community. Members need
to feel comfortable sharing their opinions and experiences, which relies on
transparency, authenticity, and consistency from the community leaders.
Ensuring that you respect privacy and feedback, using tools like privacy settings
and opt-in forms, and showcasing real community successes through
testimonials and reviews can help build and sustain that trust.
3. Trust forms the backbone of a successful community. If members don’t trust
you, they won’t feel safe sharing their thoughts or feedback. To foster trust, be
open, genuine, and reliable in your communications and actions. It's also
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important to respect members' privacy and preferences, which can be managed
with tools like privacy settings and surveys. Highlighting real member
experiences through testimonials and case studies can further build credibility.
4. For a community to thrive, trust is key. Members will only engage openly if
they trust the community leaders. Building and maintaining this trust requires
transparent and honest communication, along with consistent actions.
Respecting members' privacy and preferences, and using tools like opt-in forms
and surveys to control information sharing, can help. Additionally, showcasing
real community experiences with testimonials and reviews can reinforce trust.
5. The foundation of any successful community is trust. Without it, members are
unlikely to share their opinions or feedback. To build and maintain trust, be
transparent, genuine, and consistent. Show respect for members' privacy and
preferences using privacy settings and surveys, and highlight authentic
experiences through testimonials and case studies.
To keep members interested and coming back, you need to offer real value. This value
can be useful information, learning opportunities, entertainment, support, recognition,
or rewards. To provide this value, you should know what your members need and enjoy.
Make sure to give them content and activities that are helpful and engaging. For
example, use tools like content calendars and feedback surveys to plan and improve
your content. You can also use webinars, podcasts, challenges, and contests to make
learning and interacting fun for your members.
Managing and growing your community can be a lot of work, especially as it gets
bigger. You need to balance your time and resources while keeping the community
friendly and respectful. To do this, have a clear vision and set goals for your
community. Make sure to have a defined structure, roles, and rules. Tools like
community platforms, automation, and integrations can help you manage everything
more easily. You can also use moderation tools, guidelines, and feedback to keep your
community high-quality and positive.
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3. Building a Strong Community Engagement Strategy
1. Know Your Audience: Understand who you're trying to engage. What are their
interests and needs?
2. Set Clear Goals: Decide what you want to achieve with your community
engagement. Is it more interaction, increased loyalty, or something else?
3. Create Valuable Content: Share content that your audience finds useful or
interesting. This could be blog posts, videos, or infographics.
4. Be Consistent: Regularly update your content and interact with your audience.
Consistency helps build trust.
5. Encourage Participation: Invite your community to share their thoughts and
ideas. Ask questions, run polls, or host discussions.
6. Listen and Respond: Pay attention to feedback and respond to comments.
Show that you value their input.
7. Use Social Media: Leverage social media platforms to reach a wider audience
and foster engagement.
8. Measure Your Success: Track your engagement metrics to see what’s working
and what needs improvement.
9. Adapt and Evolve: Be open to changing your strategy based on what you learn
from your audience and your metrics.
10. Build Relationships: Focus on creating genuine connections with your
community members, rather than just pushing your agenda.
These steps should help you structure a compelling blog post on community
engagement!
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5. Create Valuable Content: Offer tips on making content that resonates with
your community and encourages interaction.
6. Foster Two-Way Communication: Highlight the importance of listening to
your community and responding to their feedback.
7. Build Relationships: Emphasize the value of building genuine connections
and showing appreciation.
8. Measure and Adjust: Suggest ways to track your engagement efforts and
make improvements based on the results.
9. Share Success Stories: Include examples of successful community
engagement strategies to inspire your readers.
10. Encourage Participation: End with a call to action, inviting your readers to
share their own experiences or ask questions.
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connections lead to greater engagement, loyalty, and advocacy, and provide
crucial feedback and ideas for improving products or services. Building these
connections, however, demands a lot of time, effort, patience, and empathy.
Here are some methods to effectively nurture relationships and cultivate trust
within your community:
4. Investing in relationship-building and trust within a community offers
substantial advantages for both the members and the brand or organization
involved. Strong, authentic connections can enhance engagement, loyalty, and
advocacy, while also yielding valuable insights and feedback to refine your
offerings. Achieving this requires a dedicated approach with ample time, effort,
patience, and empathy. Consider these strategies to successfully nurture
relationships and establish trust in your community:
5. Establishing and nurturing relationships while fostering trust within a
community is vital for the community members and the brand or organization
supporting it. Genuine connections can boost engagement, loyalty, and
advocacy, and provide important feedback for improvement. Achieving this
takes considerable time, effort, patience, and empathy. Here are some practical
tips for building and maintaining strong relationships and trust within your
community:
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2. Navigating conflict and dealing with difficult members can be one of the most
demanding aspects of community marketing. Conflicts may arise from varying
opinions, expectations, values, or goals, while challenging members might
exhibit rude, disruptive, or uncooperative behaviour. These issues can
negatively impact the community’s morale, engagement, and reputation.
Implementing effective strategies to address and resolve these problems
respectfully and professionally is essential. Consider these tips to overcome
these challenges:
5. Managing conflict and difficult members is one of the more challenging aspects
of community marketing. Conflicts may arise due to differing opinions,
expectations, values, or goals, while difficult members might display rude,
disruptive, or uncooperative behaviour. Such issues can affect the community’s
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morale, engagement, and reputation. Effective strategies are essential for
addressing these challenges in a respectful and professional way. Here are some
helpful tips to manage conflict and difficult members:
1. Figure out what’s causing the problem and what kind of issue it is. To
fix a conflict or deal with a difficult member, you first need to
understand the problem. Is it a personal issue between members, a
disagreement between them, or something else? Is the difficult member
a troublemaker, someone who spams, a constant complainer, or just
giving honest feedback? Different problems need different solutions.
For example, if two members are having a personal disagreement, you
might need to help them talk it out. But if someone is just causing
trouble, you might need to ignore or remove them from the community.
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6. Strategies for Sustainable Community Management
Set Clear and Realistic Goals: Community managers need to know what they want to
achieve and how to measure their success. They should set goals that are practical and
match their resources and priorities. Clear and realistic goals help them stay focused,
avoid getting side-tracked, and celebrate their successes.
Manage Your Time and Energy: Community managers should plan out their tasks
for each day, week, and month. They need to focus on the most important tasks and
handle less critical ones by delegating or outsourcing. Good time and energy
management helps them avoid taking on too much, delaying tasks, or trying to do too
many things at once, which can lead to stress and burnout.
Manage Your Time and Energy: Community managers should make a plan for their
daily, weekly, and monthly tasks. They should focus on the most important and urgent
tasks first and let others handle less important ones if possible. Good time and energy
management helps prevent feeling overwhelmed, putting things off, or doing too many
tasks at once, which can cause stress and burnout.
Take Breaks and Recharge: Community managers should take regular short breaks
during the day and longer breaks each week and month to rest and refresh. They should
also do things that help them relax, like meditation, yoga, reading, or hobbies. Taking
breaks helps reduce stress, improve mood, and boost creativity and productivity.
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Seek Support and Feedback: Community managers should ask for support and
feedback from their peers, mentors, managers, and online groups. They should share
their challenges and successes, and ask for help or advice when needed. This helps them
feel less alone, learn from others, and get better at their job.
Define Clear and Realistic Goals: Community marketing isn’t the same for every
community. You need to decide what success means for your community and set goals
that are specific, measurable, achievable, relevant, and time-bound (SMART). For
example, your goals might be to increase brand awareness, generate leads, boost
customer loyalty, improve satisfaction, encourage new ideas, or make a social impact.
Metrics are the numbers or indicators that show if you’re hitting your goals. Tools are
the methods or platforms you use to gather and analyse this data. Not all metrics or
tools will be useful for every situation, so it’s important to pick the ones that best fit
your goals and give you clear and useful information.
Here are some examples of metrics and tools you might use:
• Engagement Rate: Measures how actively people are interacting with your
community.
• Retention Rate: Shows how well you keep members engaged over time.
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• Referral Rate: Indicates how many people are joining your community because
of recommendations from others.
• Net Promoter Score (NPS): Gauges how likely members are to recommend
your community to others.
• Sentiment Analysis: Analyses the overall mood or feelings expressed in
comments or feedback.
• Social Media Analytics: Tracks engagement and interactions on social media
platforms.
• Surveys and Feedback Forms: Collect direct opinions and suggestions from
members.
• Interviews: Provides deeper insights through personal conversations with
members.
Choosing the right ones will help you get the most accurate and useful insights into
how well your community marketing is working.
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CHAPTER 2
OVERVIEW OF COMMUNITY
BASED MARKETING
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• what defines community?
Communities have always been a part of human life, but brand communities are a newer
idea. Nowadays, people are forming strong bonds with other fans of a specific brand,
and even with the brand itself. This trend gives marketers a great chance to build deeper
connections with their customers.
Brand communities are powerful because they connect with people's social and
emotional needs. They help people feel closely linked to a brand, making the brand a
big part of their identity and personal values.
A study of "love" and "hate" brand communities found that people in "love"
communities are driven by strong feelings, enthusiasm, and a need for recognition.
They join these communities to share their excitement and get that excitement echoed
by others. Brand communities are also strong because they can run on their own.
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Members keep in touch and support each other, often without the brand needing to be
involved.
Marketers have always known that communities can really boost a brand’s reputation,
but building or connecting with these communities has been challenging. Community-
based marketing has developed to give marketers clear systems and strategies to better
engage with groups of loyal customers.
Community marketing means connecting a brand with a specific group of people. This
can be done using any platform to talk, share values, and create meaning together. The
platform can be online or offline, and you don’t have to start the community from
scratch.
Brands can either join existing groups or create their own. In either case, building a
community means starting conversations, setting up ways for people to connect (like
events or groups), and creating meaningful traditions.
Building a community takes time and effort, as it's all about developing relationships.
Strong relationships need trust and patience to grow. Marketers also need to let go of
some control and accept that their advocates may not always share the brand’s views
or ideas.
Given the straightforward and data-focused approaches like social media marketing and
advertising, why should community marketing be included in the strategy?
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• What are the benefits and drawbacks of community marketing?
➢ Benefit
In simple terms, brands that give customers a great experience make a lot more
money.
When done right, community marketing helps marketers understand their customers
better and offers a genuine way to handle things like customer complaints, get product
feedback, and build strong supporters. Active community members can give valuable
insights that help brands create the best possible experience.
Good loyalty programs encourage customers to keep coming back and build a strong
connection with the brand. For marketers, these programs are great because they reduce
the cost of gaining new customers and increase the brand’s value. However, creating
effective loyalty programs is challenging.
According to the consulting firm Kantar, 71% of consumers say loyalty programs don’t
make them more loyal. Simply offering rewards isn’t enough anymore; loyalty
programs need to be more relevant and offer different ways for customers to connect
with the brand.
For brands, this means keeping a steady and timely connection with their customers. A
strong community supports this by having members interact and help each other with
buying decisions. For online communities, brands can quickly answer questions or
address complaints, which helps guide potential customers and build trust.
A survey found that 72% of customers are eager to share positive experiences, and 62%
are also likely to share negative ones. Strong communities have enthusiastic members
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who recommend products and support the brand. When a community is well-organized,
it can grow naturally as members invite their friends and connections.
Creating strong brand communities can provide valuable market insights and foster
organic growth through word-of-mouth recommendations.
A key point in this guide is how crucial brand authenticity is. Marketing can sometimes
seem fake or insincere when it tries to address customers' human needs.
• Drawback
Community-based marketing might seem easy at first, but it's actually quite
challenging. It often goes against traditional marketing practices, making it hard to
measure its impact and create targeted messages. Brands need to handle negative
reviews openly, be honest, and work closely with community members to understand
their needs.
Marketers must also be very genuine in their communication and continuously adjust
their strategies based on community feedback. If a brand isn’t authentic at any point,
community members can quickly lose trust.
Although it’s not necessarily a drawback, marketers should recognize that community
strategies require a long-term commitment. Trying to use a community just to boost
sales quickly or launch an ad campaign can backfire.
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Community marketers must be ready to prioritize long-term brand development and
customer experience, even if it means putting short-term goals or campaigns on hold.
3. High commitment
Like any long-term strategy, community marketing needs marketers to put in time to
build and support the community, listen to members, gather feedback, and keep in touch
regularly. While community marketing offers benefits like quick responses,
personalization, and authenticity, it requires a lot of ongoing effort from the team.
➢ Lululemon
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Lululemon lets individual stores manage these local connections rather than controlling
them from a central office. This local approach helps people connect better because
they share the same culture and face-to-face interactions make these connections even
stronger.
The Adidas Creator’s Club is a strong program that builds community through rewards.
Members can earn rewards by doing things like uploading photos or joining workouts.
These rewards include early access to sales, discounts on products, or special invites to
events.
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• What are the tactics involved in community marketing?
Brands need to connect with and motivate these advocates, which can be done
through an advocacy program or ambassador program.
If you want to learn how to create an advocacy program, check out our guide
here.
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2. platforms Online
Online platforms like Lego Ideas or Facebook groups are great for bringing
together communities in a digital space. Marketers can set up and manage these
spaces to start conversations, share offers, and collect feedback.
However, it's crucial to find the right balance of control. If a brand’s presence
becomes too dominant, customers might feel the community is just a way for
the brand to advertise rather than a place for genuine interaction. This could lead
to customers leaving the group or turning against the brand.
4. Host event
Events are a simple way to create shared experiences and traditions within a
community. In-person events are particularly effective because they allow
people to interact face-to-face and connect with the people behind the brand.
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However, planning events can be challenging and costly. It’s important to first
figure out what will attract people to attend and how to keep them engaged once
they’re there.
5. Gifting
Lululemon used gifting to help quickly expand local communities. They gave
local ambassadors items like yoga mats to share with fitness studios or their
clients. Gifting makes customers feel valued and builds goodwill. However,
gifts shouldn’t be given expecting a future purchase, and they should be relevant
to both the brand and the community.
However, the impact can still be measured by using simple goal-setting techniques.
Marketers can set a clear objective, create measurable goals, plan tactics, and
determine costs.
Increase
Generate $3.4M in
sales of Gift 5,000 pairs of
sales from running
running running shoes to $500,000
shoes by end of
shoes this running clubs
August 2020
summer
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To get the best results from community marketing, the process should be ongoing—
marketers need to assess whether their strategies are working or not and then adjust
their methods accordingly. This continuous improvement helps provide more reliable
data.
Although measuring community success can be tricky, even more measurable tactics
like influencer marketing are becoming less effective. Many brands are taking a risk by
investing in community marketing, and it's paying off because it meets the high
expectations of customers.
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CHAPTER 3
LITERATURE REVIVEW.
36
❖ Arunprakash, Aswin Kanna, Aravindh Raj, Vasudevan, Turkish
Journal of Computer and Mathematics Education Vol.12 No.11
(2021), 6483-64991: A Comparative Study on Digital Marketing
Over Traditional Marketing.
The project has been started with the only objective of finding is digital marketing is
more effective and efficiency than traditional marketing. Existing marketing process in
the industry has been studied. The study also observes the people’s perception towards
the digital and traditional marketing. The above research clearly indicates the digital
marketing is ahead of traditional in reachability, flexibility, efficiency and in
effectiveness. The study also finds entering digital marketing is highly risky and it
should be avoided initially by maintain traditional marketing side by side. The project
is profitable only if it follows the suggested model or the number of customers should
be high and constant over the periods. The investors who are interested to earn high rate
of return can invest in the project but the risk comes when there is no sound technical
knowledge. Hiring a technical skilled digital marketer will solve the issue.
in this study, the researchers concluded that most of the people they prefer traditional
market than online market. The reasons are lack of technology knowledge, fear ness
about the product whether it is quality or not, fraud, threat of online transactions etc.,
and one more thing is customers are always expecting service along with the product.
Whenever you are purchasing product in online at the time, they are checking the
services is made or not, if service is there the customers are willing to purchase the
goods and services in online otherwise, they prefer traditional market
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❖ Dr. S. Geetha, International Journal of Emerging Technologies in
Engineering Research (IJETER), Volume 6, Special Issue 1, April
(2018): A Comparative Study on Traditional Marketing and E-
Marketing
In this research study, the researcher concluded that in the modern era, the growth
and development of e-commerce is unavoidable, but it is the fact that majority of
the rural people are not trusted with these companies, it is popular among the city
people. It is the need of an hour to mix the e-marketing with our traditional
marketing and to provide all facilities to the customers as they wanted.
❖ Philip Kotler
❖ David Ogilvy
• David Ogilvy was a key figure in the world of advertising. He believed in the
power of creativity and understanding the consumer's mind. His ideas on how
to make effective advertisements in newspapers, magazines, and on TV have
had a lasting impact.
• George and Michael Belch are experts in advertising and promotion. They have
written important textbooks that explain how traditional marketing methods like
TV, radio, and print ads influence people’s buying decisions. Their work helps
us understand how these methods work in the real world.
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❖ Robert Cialdini
• Robert Cialdini is famous for his research on how to persuade people. His ideas
about what makes people say "yes" are often used in traditional marketing, like
in direct mail campaigns and TV ads, to make them more convincing.
❖ Wroe Alderson
• Les Binet and Peter Field have studied how traditional advertising, like TV and
print ads, helps build strong brands over time. Their research shows that even
in today’s digital age, traditional marketing can still be very effective in building
a company’s reputation and success.
❖ Mark Ritson
39
CHAPTER 4
CORPORATE PROFILE OF
VISION CAPITAL
40
➢ Vision capital logo:
Vision Capital is a reputed name in the field of loan and subsidy. With more than 10
years of rich experience and over 1000 satisfied clients, Vision Capital has laid a strong
foundation. Customer satisfaction and Quality work have been the pillars of Vision
Capital. We have a blend of young, smart, dynamic and experienced team consisting of
CA, ICWA, MBA, Engineer and Lawyer, to cater all kind of support to our clients.
We are in Gujarat and Gujarat is are famous across the globe for their risk-taking ability
as an entrepreneur. We are in Gujarat and Gujarat is a role model for entire country for
industrial development and business since long. Government of Gujarat has also
provided various incentives and came up with attractive schemes to support the
entrepreneurs. However, the entrepreneurs are not aware of these benefits.
There comes Vision Capital. We, at Vision Capital provides solution to all the Financial
Requirements of industrialists. Our aim is to make the industrialist free from the worries
of financial planning by handing it over to us so that they can focus on their business.
Finance is the backbone of any business. We make your backbone strong like a rock to
make your business sustain any type of crises. Our objective is client’s success by
providing them various financial solution in form of Loan, Subsidy, Project Finance,
Venture Capital Assistance and much more. We believe that growth of clients is our
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growth. We support normal individuals in starting up business and to help them develop
as a successful industrialist.
➢ Company profile
Logo:
Establish: 2011
Type: Privet
Website: https://visioncapital.co.in
42
➢ Company vision:
To create successful entrepreneurs from ordinary
individuals by providing services and be part of their
growth story.
➢ Company Mission:
To deliver the services of highest level at reasonable cost,
best quality and fastest speed to outperform client’s
expectations.
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CHAPTER 5
RESEARCH METHDOLOGY
44
➢ Objective of Study:
➢ Source of Data:
1. Primary data:
The data collection process was carried out through a questionnaire using
Google forms from respondents.
2. Secondary data:
Data collection through the available different source:
• Website
• Research paper
• Articles
• Journals
➢ Research design:
• In this research project Descriptive design is used. To collect a primary data the
research used survey approach.
➢ Sampling Plan:
1. Sampling unit:
45
Student, businessmen, job work who are different field in work.
2. Sample size:
59 Respondent have been collected for a research purpose.
3. Sampling method:
Convenience method.
4. Research instrument:
Questionnaires.
➢ Tools of Analysis:
• Ms excel ( Bar charts, pie charts)
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CHAPTER 6
DATA ANALYSIS AND ITS
INTERPRETATION
47
➢ Gender:
Gender Respondent
Male 32
Female 27
Total 59
➢ Data interpretation:
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➢ Data interpretation:
• From the above analysis, majority respondent is 18-25 age it is 48.2%, 27.3%
respondent are 26-40 age of group, and 20.9% respondent are 41-60 age of
group.
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➢ Data interpretation:
50
➢ Data interpretation:
51
➢ Data interpretation:
52
➢ Data interpretation:
53
➢ Data interpretation:
54
➢ Data interpretation:
• 64.2% response said yes that feel the traditional marketing has
influence your purchasing decision in the past.
55
➢ Data interpretation:
56
➢ Data interpretation:
• 57.8 response said yes there are aware above the rent subsidy on
msme program.
• Only 42.2% response said no there not aware above the rent subsidy
on msme.
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➢ Data interpretation:
58
➢ Data interpretation:
59
Chapter 7
finding and suggestion
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❖ FINDING
WE ARE COLLECTED TOTAL 110 RESONCE AND IN OUR RESPONSES 55.5%
IS MALE and 44.5% is female.
Most of the people select of business and 26.4% people is do the job work, 30.9%
people is management students and 7.3% people is doing the another work.
Here is almost 50.5% people is very familiar with the traditional marketing, 42.2%
people is somewhat familiar and 7.2 people is not familiar at all.
TV commercial method and print ads method is more then effective of radio ads method
and outdoor advertising method. Because TV commercial and print ads method selected
is 48% people compare to the another method.
Traditional marketing is still relevant in today’s digital age because depend on our
research 54.1% people is agree with this think and 22.9% people is not agree and 22.9%
people is not sure with this think.
48.2% people is sometimes pay attention to traditional marketing message and 19.1%
people is rarely, 26.4% people is always attention to traditional marketing message and
6.4% people is never attention to traditional marketing. But good for the traditional
marketing because mostly people is attention to the traditional marketing messages.
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Here is 48.6% people is very likely engaged with traditional marketing campaigns in
the future and 23.9% people is sometimes and 17.4% people is not likely at all.
Here is 57.8% people is aware about the rent subsidy on MSME. And 42.2% people is
not aware about the rent subsidy on MSME.
Rent subsidy programme is very helpful for the manufacturer and job workers but
depend on our survey almost people is give the response reduce financial strain, enable
expansion, improved cash flow, and other.
Here is high level of get the negative review about the rent subsidy programme and
some people is satisfied, dissatisfied or very dissatisfied and neutral for rent subsidy
programme.
❖ SUGGESTION
Posters have been used for a long time to market businesses. Even though we have
many digital ads today, a study by USPS and Temple University found that physical
ads, like posters, are actually better at helping people remember brands than digital ads.
In the past, marketers didn’t have laptops to make fancy designs. They only had ink and
machines to print posters. But now, we have technology that adds a modern twist to this
old marketing method. Basically, it’s combining an old way of marketing with new tech
to create beautiful posters.
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It’s a mistake to overlook the power of posters. Marketers can use them to create strong
emotional responses from people, and they can do this on a large scale without spending
a lot of money.
Think about it: with online ads, you pay for every click or view, but posters stay up for
a long time without any limit on how many people can see them. The cost is much
lower, especially if you use an online poster printing service, and the potential reach
can be much higher.
The success of posters depends a lot on how well the campaign is planned and carried
out. But when done right, posters can be just as effective as digital ads.
Presentations are a way of doing indirect marketing, which is especially important for
B2B marketers. They’ve been used for a long time, but many people still don’t put
enough effort into making good presentations.
Adding transitions and backgrounds can be a hassle, right? But here’s the thing: they
can be really important for making a good first impression.
When marketers show their products to decision-makers, they focus on the benefits.
But if the presentation isn’t well-made, it can make the marketing team look bad.
Marketers definitely don’t want to seem lazy, but rushed presentations can give that
impression. Nowadays, it’s easy and affordable to make great presentations using tools
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like Pitch’s presentation maker. So, there’s no excuse for not creating high-quality
presentations.
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CHAPTER 8
LIMITATION
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Traditional marketing, which includes methods like TV ads, radio commercials,
billboards, and print advertisements, has been effective for many years. However, with
the rise of the internet and digital devices like smartphones, tablets, and social media
platforms, traditional marketing has some notable disadvantages. Here are a few of
them explained in simple terms:
1. High Costs: Traditional marketing methods, such as TV and radio ads, are
expensive. Small businesses often struggle to afford these types of
advertisements, making it hard for them to compete with larger companies.
2. Limited Reach: Unlike digital marketing, which can reach a global audience,
traditional marketing is often limited to a specific area or region. For example,
a local newspaper ad will only be seen by people in that area.
3. Difficult to Measure: It's challenging to track the effectiveness of traditional
marketing campaigns. For instance, it's hard to know how many people actually
saw a billboard or responded to a radio ad.
4. Less Targeted: Traditional marketing doesn’t allow for precise targeting. Ads
are shown to a broad audience, many of whom may not be interested in the
product or service being advertised.
5. Slow Results: Traditional marketing campaigns usually take longer to show
results. Unlike digital marketing, where you can get immediate feedback, it may
take weeks or months to see the impact of a traditional marketing campaign.
6. Declining Effectiveness: With more people spending time online, traditional
marketing methods like newspapers and magazines are becoming less effective.
Many people now skip TV ads or use streaming services that don't have
commercials.
Overall, while traditional marketing has been successful in the past, the rise of digital
marketing offers more cost-effective, targeted, and measurable options for businesses
today.
In traditional marketing, ads often use static text, meaning once the ad is printed or
published, it can't be changed. For example, if you place an ad in a newspaper to sell a
product, but you run out of stock, you can't update the ad to let people know. This might
lead to customers being disappointed when they try to buy the product and find it's not
available.
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On the other hand, in digital marketing, you can quickly update your website or social
media page to inform customers about the stock status. This helps keep customers
informed and happy because they always have the latest information.
In traditional marketing, it's hard to quickly update or change your advertisement. You
have to plan and prepare your ad well in advance, even if it's just for a daily newspaper.
If something changes, like prices or stock levels, you can't make updates right away.
In contrast, with online marketing, you can easily and quickly update your ad within
minutes. This flexibility is especially helpful for small businesses that need to respond
to changes immediately.
Putting ads in newspapers or handing out flyers costs money every time you run a
campaign. But with online marketing, you don't have to pay extra for changes on your
website—your team can handle that easily. Traditional marketing companies charge
you for every batch of flyers or mailers, while in online marketing, your ad is visible to
everyone on the internet without extra cost.
Many people tend to overlook traditional advertisements. For instance, they might drive
past billboards without noticing them or skip over banners without reading the message.
When commercials come on TV, it's common for viewers to change the channel or tune
out until the show returns. This makes it difficult for traditional marketing methods to
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effectively capture attention, as people have become skilled at avoiding these types of
ads in their daily lives.
Traditional marketing often feels forced on consumers because it’s integrated into their
daily routines. Whether it’s ads on TV, billboards on the road, or flyers in the mail,
people encounter these messages without choosing to. As a result, traditional marketing
usually has a low response rate, as many people ignore or avoid these ads.
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Technical problems can sometimes make it hard for consumers to see online
advertisements, which can affect a company's ability to reach potential customers. For
example, if a website is down or if there are delays in loading a website or video, people
might not see the ads at all. This can lead to missed opportunities for businesses to
showcase their products or services and potentially lose sales. Viewing issues can also
happen if someone is using a smartphone or other mobile device with a slow internet
connection, or if their computer doesn’t have the right software to display the content
properly. These technical challenges can reduce the effectiveness of online advertising,
as they prevent ads from being seen by as many people or as clearly as intended. This
is a downside of relying on digital platforms for advertising, as companies can miss out
on reaching their audience when these problems occur.
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CHAPTER 9
CONCLUSION
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This study shows current scenario of traditional marketing and community-based
marketing. Most of the respondent are familiar about the traditional marketing method.
Traditional marketing is effective in this era. Customer trust worthiness purpose this
concept is very useful in current time compare to digital marketing method. According
to survey most of respondent pay attention in traditional marketing message.
According to study more then fifty percentage person said about still relevant traditional
marketing compare to in this digital era. student or businessmen are satisfied for face
to face marketing method because they are high effect about their product or any
services.
We were doing sip in vision capital. In that company we can learned how to convince
the customer, how to close the lead and how to get new client. So we can learn about
the new company and that staff is so much helpful a cooperative with us.
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BIBILOGRAPHY
❖ References
MIYAZOEa), K. (2002, jume). The concept of community-based marketing. Retrieved from
ResearchGate:
https://www.researchgate.net/publication/361039002_The_concept_of_communit
y-based_marketing
Paulina. (2022, May 23). Community Marketing: What is it & how it helps organizations.
Retrieved from Zapnito: https://knowledge.zapnito.com/posts/community-
marketing-what-is-it-how-it-helps-organizations
Salesforce’s. (2023, August 11). What defines a community? Retrieved from duel.:
https://www.duel.tech/blog/community-based-marketing-guide-including-tactics-
and-examples
❖ WEBSITE:
• https://www.researchgate.net/publication/361039002_The_concept_of
_community-based_marketing
• https://knowledge.zapnito.com/posts/community-marketing-what-is-it-
how-it-helps-organizations
• https://www.duel.tech/blog/community-based-marketing-guide-
including-tactics-and-examples
• https://visioncapital.co.in/
• https://www.bluelinecapital.co.za/disadavntages-of-traditional-
marketing/
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❖ Annexure
Dear Sir/Madam,
1. Name:
2. Email id.:
3. Age:
o 18-25
o 26-40
o 41-60
o Above 60
4. Gender:
o Male
o Female
o Other
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5. Occupation:
o Students
o Business
o Job work
o Other
o Somewhat familiar
o Not familiar at
all
▪ Tv commercials
▪ Print ads
▪ Radio ads
▪ Outdoor advertising
11. How likely are you to engage with traditional marketing campaigns in
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the future?
o Very likely
o Somewhat likely
o Not at all likely
14. How satisfied are you with the rent subsidy program?
o very dissatisfied
o dissatisfied
o neutral
o satisfied
o vey satisfied
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