SIP Presentation Satyam

17
E-Marketing of print media services refrence to Outlook Magazine Presented By:- Satyam Sharma PGDM 2014-16

Transcript of SIP Presentation Satyam

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E-Marketing of print media services refrence to Outlook Magazine

Presented By:-Satyam SharmaPGDM 2014-16

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Introduction

Topic : “E-Marketing of print media services reference to Outlook

Magazine”

Purpose:• To identify the effect of Sales promotion schemes on Outlook• To analyze competitors schemes and offers.

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Overview of Industry

• Establishment of print media- 1780

• Types of print mediaA.Newspapers B.MagazinesC.Books

• Growth of Print media

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Print Media• Current size: INR 310 BN• CAGR :10 %

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Overview of Group & Co. Founded by Lt. Vinod Mehta Mr. Rajan Raheja is the owner of OUTLOOK group Date of Establishment: October 1995 Headquarter : New Delhi Branches: Mumbai, Kolkata, Chennai, Bangalore and

Hyderabad

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Headed by (Editor-in-chief): Vinod Mehta (1995-2012)

Mr. Krishna Prasad (2012-Present) 1.5 Million ReadersOne of India’s top selling MagazineSells More than 11.2 Million copies over a year. Product: Different type of magazine and traveler guides Vision:To be a premium global conglomerate with a clear focus on the business. Mission:Achieve customer delight by offering quality products and services.

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Job Description Designation: Marketing Intern Reporting Manager: Ajay Kumar Location: Safdarjung Enclave, New Delhi,IN Timing: 10 A.M to 6 P.M Key Responsibilities: Job assigned to me was to get more

and more Outlook magazines subscription from potential customers and also existing subscribers through e-mail marketing and telephonic conversation.

To promote online special offers as well as sale of magazine to the existing customer by tele-calling and email marketing

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Job Process

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Research Objective• To identify the most preferable magazine

• To identify the sales promotion tool which help in increase of

sale

• To analyse the purchase frequency based on demographic

factors.

• To analyse the effect of reading duration of consumers on

purchase frequency

• To know about the brand awareness of Outlook on Digital

Platform

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Research Design

Sources: Primary Data ( Questionnaire, Personal Interview)Secondary Data (Measuring the metrics, especially bounce rate)Location: Pan IndiaSample Size: 100 I have taken help from the subscribers to know about their

views on the magazine, its service and most importantly, if the Digital Platform helpful to them or not?

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Respondent’s ListAge No. Gender No. Education No. Occupation No. Monthly

Income No.

18-30 10 Male 63 Graduate 2 Student 22 Less than 50,000

6

31-40 22 Female 47 Post-Graduate

50 Private Sector Employee

31 50,000 – 1 Lakh

30

41-50 25 Pursuing PG

20 Public Sector Employee

24 1 L – 2L 32

51-60 23 PhD 20 Self Employed

13 2L – 3L 20

61- Above

20 Pursuing PhD

8 Others 10 More than 3 Lakh

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Findings Most of the customers are very much comfortable with the

digitalized format of Outlook. Subscribers or even nonsubscribers are following the

magazine in these different social sites and even installed the Outlook app.

Subscribers are very much comfortable with the online mode of payment.

Various reasons why people are navigating away from the site. Came to know about some major issues while interviewing

some of the existing subscribers.

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Suggestions Most of the subscribers of Outlook are comfortable with the

digitalized forum which Outlook, so Outlook should make it more and more transparent and interesting for their customers.

Outlook should work more on its mobile app and make it user friendly as now-a-days people prefer to read on their smart phones.

Outlook should to satisfy their customers while they delivering their promises to clients so ensure about reality.

Company should be emphasis on more effective advertisement.

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Company should appoint some executives to make strong relationship with customer.

Sales executives should to concerns about Brand Image. Outlook should to reintroduce new magazines on Fashion,

Sport, Education etc. These strategies can be definitely helpful in improving

subscription sales as well as market share which can make Outlook magazine more competitive and will make a considerable contribution in Outlook’s journey to become a future leader in the Indian News magazine Industry.

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Conclusions• Consumer preference and shifts.

• Promotional activities as a unique way.

• Sales promotion techniques and consumer satisfaction

• Outlook Weekly and Outlook Business are most preferred magazine.

• Increase of subscription and revenue.

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