Report
Report
ON
“Social media marketing and business development
for IT services in Magento E-Commerce”
SUBMITTED BY:
AYUSHI AGRAWAL
19BSP0619
1
REPORT
ON
“Social media marketing and business development
for IT services in Magento E-Commerce”
BY
AYUSHI AGRAWAL
19BSP0619
2
AUTHORIZATION
I Ayushi Agrawal, hereby declare that the Project Report entitled across “Social
media marketing and business development for IT services in MAGENTO
E-Commerce” is a record of an original work done during the period 17 th
February, 2020 to 22nd May, 2020 under the guidance of Prof. Abhimanyu Pati
(Faculty Guide) and Mrs. Richa Sharma (Company Gide).
The following information has been collected from genuine and authentic
sources.
3
AKNOWLEDGEMENT
At the beginning of preparing this report, I would like to convey gratitude to the
Almighty for his blessings in completing this report. Through this report, I take
the opportunity to express my sincere gratitude to all those who have helped me
in making my internship at Ekyaa Global Technologies, a success.
I would also like to thank all my friends, and my family members for their,
support and help as and when required as well as for inspiring me to put in my
best efforts for this project.
Ayushi Agrawal
19BSP0619
4
EXECUTIVE SUMMARY
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I was involved in all the processes like designing the post for LinkedIn on
company’s services and products, Advertisement writing & designing,
making of a presentation for clients, Creating a database of the
company’s target market, company's brochure & product brochure,
market analysis, competitor analysis, identifying potential clients and
setting up the meeting.
Methodology:
Making the Social media marketing strategies and implementing them
and designing content for company's various online websites.
Filtering down the list to identify the potential clients of Magento E
commerce, contacting them via phone/email and describing the product
in brief and asking for a meeting.
Creating a database of the company’s target market, taking the follow up
with the clients who gave a positive response and Scheduling the meeting
and conducting it with the client to explain him the benefits of our
product to their business.
Findings:
The main reason for social media marketing was to create a platform for
highlighting their brand and create brand awareness as it would be
difficult for the startups to advertise their product by other expensive and
paid mediums with limited resources.
With the study of social media marketing I came to its emergence and
extreme growth in today’s scenario.
The effectivity of social media as a marketing tool will only be
possible when organization having their presence on social media
provide the concrete and timely information needed by the consumers.
Recommendations:
The company can use the power of social media to implement other
vertical services that could instantly bring value to the company in terms
of sales.
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TABLE OF CONTENTS
AUTHORIZATION...........................................................................................3
AKNOWLEDGEMENT....................................................................................4
EXECUTIVE SUMMARY................................................................................5
CHAPTER 1: INTRODUCTION.....................................................................9
1.1: Purpose…………………………………………………...………….
…….8
7
CHAPTER 4: ABOUT THE PROJECT........................................................20
FINDINGS & SUGGESTIONS ……………………………………………. 36
CONCLUSION ………………………………………...…………………… 38
ANNEXURE ………………………………………………………………...…………….. 52
REFERENCE ………………………………………………………………………...…… 55
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CHAPTER 1: INTRODUCTION
PURPOSE: The Company’s project is about the Social media marketing and
business development for IT services in Magento E-commerce. The purpose of
the project is to understand how social media marketing is a major part of
business development for IT services in an organization and understand how
social media can be useful for new business startups and understand how to
develop digital marketing strategies for the company for generating leads
through social media platforms.
OBJECTIVE:
To study how social media can be useful for new business startups and
developing digital marketing strategies for the company.
Writing articles for blogs and designing content for company’s various
online websites.
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CHAPTER 2: INDUSTRY ANALYSIS
INDUSTRY OVERVIEW:
The origin of IT industry in India can be traced to 1974, when the mainframe
manufacturer, Burroughs, asked its India sales agent, Tata Consultancy Services
(TCS), to export programmers for installing system software for a U.S. client.
Since every business is becoming software defined and technology led business
models are emerging in every vertical, the technology investment is more than
ever business outcome aligned and would be sustained through economic
cycles.
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impacting various tech businesses. On the other side, IT firms are realizing
the benefits of outsourcing, more than ever. Remote working has been given
preference amid the COVID-19 and thus functions such as software
development & maintenance are least affected by the coronavirus.
MARKET SIZE:
Indian Internet Industry is going to double to reach US$250 billion by the end
of the year 2020. It is likely to grow by 7.5% of Gross Domestic Product
(GDP). Due to the fastest adoption of digital technology, India will have almost
730 million Internet users by 2020, according to the report by NASSCOM.
Indian It exports are expected to grow by 7-8% in 2017-2018 to US$ 126
billion. Apart from this, the industry is likely to add 130,000-150,000 new
vacancies during this phase. Indian IT firms are expecting Indian digital
economy to reach US$ 4 trillion by the end of the year 2022.
Being one of the most prominent segments within the services sector in India,
IT generates significant employment in the country. As per a report in March
2019, the IT sector has created 8.73 lakhs new jobs over the last five years.
Particularly, with the emergence and growth in technology based startups, there
has been a huge growth in the IT & BPM sector.
FUTURE SCENARIO:
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When it comes to IT, India is one of the prime destinations for
offshoring. The sector is expected to generate revenues from export
worth USD135-137 billion by FY19. The industry is expected to grow to
USD 350 billion by 2025.
As stated in the interim budget 2019-20, GOI has plans to roll out an AI
national program. This will impact all prominent IT companies in India
such as TCS, Infosys, Wipro, HCL Tech and other mid-cap and small-cap
software firms. This program’s focus area would be skill and
infrastructure development. Thus the mammoth beneficiaries would be
startups who lay special focus on AI.
As per the latest survey report of Korn Ferry Digital Sustainability Index,
India gained the ninth position out of fourteen countries.
The flex staffing market in Indian IT market acquired US$ 5.3 billion in
2016-17 and is expected to grow almost 14-16% by the end of 2021.
Wipro: Wipro Ltd. demerged its non-IT business into separate entities
and shifted its focus on independent businesses, and currently the
company has workforce of 160,000 employees in 6 continents. The
company has several of key focus areas like machine learning, Data
Sciences analytics and is currently investing in block chain technologies.
Wipro has been a top performers and hence it is in the top IT companies
in India 2019.
COMPANY DETAILS:
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developers are taking a keen interest in providing responsive ecommerce
websites to meet the exact requirements and needs of clients businesses.
People: We listen to, respect, and care for faculty, staff, students, and one
another, both professionally and personally.
15
COMPANY’S SERVICES:
BI and Data Analytics: EKYAA big data and data analytics solution is
aimed at providing access to real-time business insights. It helps to
reconfigure their data sources and co-develop a hybrid architecture, which
unifies multi-structured data from disparate environments.
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COMPANY’S PRODUCT:
1. Carebee:
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additionally have web based screen, attendance management and billing and
invoice management.
Pricing will be done according to the version clients are opting for. Premium
version for organization will have the highest price.
2. Kiddyfox:
This application will have 3 versions Lite, Pro and Premium. Features will
be allocated to versions as per their importance. Basic features will be
available in all three versions but high end versions will be available in only
top two versions i.e. Pro and Premium versions.
With the help of this AI Chatbot company never leave their customers when
they have a query. This AI chatbot allow user to get their answer straight
away, and if the bot can be integrated with WhatsApp or Facebook to make
it more effective. But how could chatbots help client's SaaS business?
Besides the convenience for client's website visitors, this chatbot allows you
to be present online to assist your potential customers even when you’re not
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there, providing customer service and even booking demos for you. This
software provides 24 by 7 support at anytime, anywhere.
STRENGTH WEAKNESS
SWOT
OPPORTUNITIES THREATS
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CHAPTER 4: ABOUT THE PROJECT
Step1: Initially, I studied the company profile to get an idea about the
company’s background, their area of service & various products, study the role
of social media marketing and different criteria of digital marketing services
and to know how to pitch a client while meeting basically how to talk, what to
talk, how to make client to engage in your conversation.
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Benefits of MAGENTO E-Commerce:
Step 2: After this company allotted me the task of Social media marketing.
Social Media marketing for IT Services is one of the most important verticals
of companies marketing strategy and also helps companies to connect with
customers, increase awareness about companies services, products and boost
their leads/sales/reach, etc. through platforms like Facebook, Twitter, YouTube,
LinkedIn, Instagram and many more. Social media serves as a relatively
inexpensive platforms for startups to implement marketing campaigns. This
marketing programs usually center on efforts to create content that attracts
attention and encourages readers to share it with their social networks. Through
this marketing strategy companies can easily reach their target audience for
promoting companies services and products. It helps in generating traffic on
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companies' website, increase the ranking of websites in search engines and also
we can post organic contents of company's services on Facebook and LinkedIn,
so people can easily engage because of our creative content.
Current market shows how the Social media marketing landscape has changed
due to the worldwide COVID-19 pandemic. This pandemic has led many
brands to cut their marketing budgets, resulting in less competition for social
media advertising inventory and lower costs. Due to this pandemic, engagement
with social media advertising has also declined somewhat, possibly because
audiences are turning to more organic content than paid.
Microblogging(Twitter)
Set goals for advertisement: Before creating any adverts, it’s important
for company to first think about why you are advertising and what you
are aiming to achieve like:
Increase traffic to my website.
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can run ads across Facebook, Instagram, Audience Network, and
Messenger on mobile and desktop.
Choose the objective: When you click to create a Facebook Ad, you’ll
go to a page where you choose the objective for your campaign. There
are 15 options here for what you might want to achieve:
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Once you’ve selected your target audience, you next step is to choose how
much you’d like to spend on your ad. You can also set your budget to Daily or
Lifetime.
Create and run your advertisement: The first task is to select the
format you’d like to use for your advert. Once the format is selected,
you need to add the content to your advert. This part is incredibly
important to making your advert stand out in within Facebook’s or
Instagram’s feeds. If your ad is going to be a success, you want your
image and copy to be enticing enough to make people want to click. To
submit your ad click the ‘Place Order’ button.
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Process of running ads on LinkedIn:
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Choose your Ad format: Choose whether to create Sponsored Content,
Text Ads, or both. Sponsored content appears natively in LinkedIn
member feeds, whether they’re on desktop, laptop, or mobile device. A
good way to get started with Sponsored Content is to promote your top-
performing updates on your Company Page. Text Ads are simple but
effective ads that display on the side, top, or bottom of the LinkedIn
member’s feed. Keep your copy short and compelling and use a dynamic
visual for the best results.
Create your Ads: For Sponsored Content, you can choose an update to
your Company or Showcase Page to promote, or create new Sponsored
Content. For Text Ads, you can specify a link that clicking the ad will
open, then add an image, headline and brief description.
Target your Ads: Campaign Manager will show your estimated target
audience size. It’s best to choose an audience that is broad enough to
generate statistically significant results for the next round of optimization.
At the same time, don’t sacrifice relevancy for bigger numbers.
Set your budget: You can choose to bid on cost-per-click (CPC) or cost-
per-impression (CPM). Use CPC when the click is directly related to a
conversion, like a webinar registration or lead capture. CPM is more
useful for raising brand awareness.
Measure and optimize: The LinkedIn auction system rewards ads with
greater engagement. So it’s important to continually review your results,
stop low-performing ads, and promote high-performing ones.
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Social media marketing tools:
Google Analytics: Google Analytics is one of those tools that you cannot
ignore. This should be a part of your digital marketing campaign right
from the beginning. Collecting data and reviewing it is extremely
important. It should be an integral part of company’s marketing strategy
right from the beginning. It should be included in company’s digital
marketing strategy without a second thought. As a startup, company need
to focus on every visitor’s activity.
Hubspot: When it comes to CRM software, sales, and marketing; all you
need is HubSpot. You can schedule and publish your content in advance
and compare in-depth reports on your posts’ engagement to understand
the performance of various platforms, types of content, and posting times.
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Top Social media platforms for Business:
Twitter: Twitter gives its users a steady stream of information and new
content from all over the Internet. It has millions of engaged users every
month, and practically every brand in the world has an account to update
its customers.
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YouTube: YouTube is a video platform that allows users to watch videos
and/or upload them. Product reviews, instructional videos, and similar
kinds of content do exceptionally well on YouTube, especially when
you’re educating part of your target market. Plus, once you make a video,
it’ll start to show up in Google and YouTube search results, and you can
promote it on your other social accounts.
Target Audience: The key to success for any business in the industry is
understanding their target audience. Social media helps you do just that.
With the help of tools like Facebook and LinkedIn, it is possible to
determine the age and gender of the social media audience, in addition to
a number of other insights. Through Facebook and LinkedIn company
can run an Ads for reaching out their target audience.
Increase in web traffic and search ranking: One of the most important
benefits of using social media for a business is the increase in web traffic.
It helps direct people to the business’s website. Moreover, the higher the
number of shares of a business’ posts on social media, the greater its
search ranking and online exposure.
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CONTENT MARKETING
The Company allotted me the task of writing articles for blogs on company’s
services for websites. I was assigned to write content and design images for the
company’s services for the post and after designing the content, everyday it was
posted on the companies Facebook and LinkedIn page for promoting
companies’ product & services. Sometimes, my task was to review all the
content in company’s online websites for any mistakes, if any – rewrite it and
send. It is very important while designing content to keep your audience in
mind as you create content. Remember who you’re talking to and what they’re
interested in. This will dictate the subject of your content. Consider the
language your audience uses when they search online for information. Instead
of pitching your products or services, you are providing truly relevant and
useful content to your prospects and customers to help them solve their issues.
Increased Sales
Low organic cost
Build Brand Loyalty and Image
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EMAIL MARKETING
My work is to design the emails on company’s services and products for clients
and send these emails to clients for promoting company services & product.
Email marketing allows you to update your email subscribers on a regular basis
about your company. This fosters a relationship unlike any of the other types of
digital marketing. Your email updates provide value to your consumer. As a
result, you build brand trust and brand loyalty. Cultivate a strong foundation of
trust between your brand and the recipient first, and create a bond with your
customer than can grow over time.
Email marketing is a great way to develop your brand identity because it gives
you a direct line to the email inboxes of your potential customers. Once you
begin creating valuable content for the customer, you’ll have an edge over your
competitors. Email marketing allows you to segment your customers into
different lists based on their preferences to send highly personalized content.
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Step3: After this company allotted me the task of “Business Development”.
Market
Analysis and
Market
Research
Database
Creation
Cold Calling
Fixing
Meeting
Proposal
Making
Project
Closure
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Market Analysis and Market Research: Market research is the design
and execution of studies, surveys, or experiments to discover what
consumers want, like, or hate about a product or how to improve a
product or manufacture it more cheaply or make it more durable and
Market analysis is the process of examining a particular sector, industry,
market or niche. Through it, historical and current facts are used to
forecast potential outcomes.
The Proper market research make your task easier while talking to clients
as you know about them well in advance, which help you to answer their
question.
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Cold Calling: Cold calling is a technique in which a salesperson contacts
individuals who have not previously expressed interest in the offered
products or services. Cold calling typically refers to solicitation by phone
or telemarketing, but can also involve in-person visits, such as with door-
to-door salespeople.
The next step is cold calling. It includes contacting the concerned person,
explaining him/ her in brief about the organization and detail about the
product and services.
Proposal Making: The next step is proposal making, once the meeting is
done with a concern person where the various aspects has been discussed
already and the client requirement can know accordingly the proposal is
made for them enlisting all requirement related to company’s product and
services. Proposal includes all the detailed explanation of how we will be
providing them each service.
Project Closure: If all the stage works that means you are close to crack
the deal. Once the deal is cracked the further decision are taken like,
preparing the strategies for further follow up. Company make a proper
plan separately and get the approval from the client to execute the plan
and once it approved the plan actually come into an action.
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FINDING & SUGGESTIONS
Findings:
The main reason for social media marketing was to create a platform for
highlighting their brand and create brand awareness as it would be
difficult for the startups to advertise their product by other expensive and
paid mediums with limited resources.
With the study of social media marketing I came to its emergence and
extreme growth in today’s scenario.
The brand highlighting was done through various social media tools like
Facebook, twitter, Pinterest, LinkedIn by using various engagement
methods.
There are competitors with a huge customer base and it’s difficult to
penetrate the market.
The company can use the power of social media to implement other
vertical services that could instantly bring value to the company in terms
of sales.
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To establish a healthy relationship with the client, we should come up
with different social media marketing strategy with proper planning and
proper market research.
Challenges:
Learnings:
How to use social media platforms for generating leads and growing
business and became familiar with the elements of a digital marketing
plan.
This project helped me gain confidence for cold calling with clients and
companies and also helped in improving my communication skills.
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CONCLUSION
This summer internship help me to understand how the corporate world works.
This program will help me in understanding how social media marketing is a
major part of business development in an organization. Social media marketing
enables to build relations with customers and prospects through regular, low-
cost personalized communication, reflecting the move away from mass
marketing. Marketing products through social media costs less than marketing
them through a physical retail outlet. A successful startup requires not only
great product but also requires effective marketing strategy in order to get early
adapters and make their efforts more effective. This project helps me to
understand and know how to reach company’s target audience and how to deal
with different kinds of customer or a client and how to make an impressive
online campaigns. Social media is the best platform to convert a product to a
brand. Because it is more cost effective and it provide lot of touch points to
marketer.
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CHAPTER 5: SURVEY ON “UNDERSTAND HOW
SOCIAL MEDIA MARKETING IS HELPFUL FOR
STARTUPS”
Introduction:
For startups and young companies with limited marketing budgets, Social media
marketing is perhaps the only cost-effective method to get their message out
there and build a consumer base. Social media marketing is the marketing of
products or services using digital technologies, mainly on the internet but also
using mobile phones and other digital medium. Barriers to entry and scaling up
are miniscule compared to traditional media. In short – if it’s done right, you
can achieve a whole lot on a limited budget, which means it has levelled the
playing field between big and small companies. The challenge, however, is
knowing how to do it right.
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efforts that use an electronic device
or the internet. Businesses
leverage digital channels such as
search engines, social media,
email, and other websites to
connect with current and
prospective customers. Digital
Marketing is defined by the use
of numerous digital tactics and
channels to connect with
customers where they spend much of
their time online. There
are many types of Digital marketing.
Here we can see about
Search Engine Optimization
(SEO), Search Engine
Marketing (SEM), Social Media
Marketing (SMM), Content
Marketing, Email Marketing, Online
Advertising, Landing
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Page Marketing, Smartphone
marketing, Affiliate
Marketing, Viral marketing.
Fig1. Share of
respondents
[Link] DIGITAL
MARKETING:
If a business is thriving, it’s growing.
Its revenue is increasing
by leaps and bounds. Company
employees are happy, and the
owner is excited. It feels good to
be in charge of a growing
business. The role of digital
marketing is absolutely essential
for business growth in today’s
day and age. Are you taking
advantage of the Internet and
advertising your business
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through online strategies. The
world of digital marketing
might seem confusing, so let
us break it down for you.
According to HubSpot, digital
marketing refers to any
marketing effort that involves the
Internet or an electronic
device. If marketing exists online,
it’s classified as digital
marketing. Digital Marketing has
been rising in popularity
over the last several years. And
there’s a simple reason why:
the world is online.
Social media marketing encompasses all marketing efforts that use an internet.
The space itself, at least in India, is relatively young, so there are limited “role
models “to emulate. Add to that the different strategies that work (or don’t) for
B2B and B2C firms, rapidly evolving technologies and methodologies, and it is
only natural that there is no single path that startups can take to achieve
complete success with their digital marketing strategies . Social media marketing
is defined by the use of different digital tactics and channels to connect with
customers where they spend much of their time online. There are various types
of social media marketing like, Search engine optimization (SEO), Search
44
engine marketing (SEM), and content marketing effort that involves the
Internet. If marketing exists online, it’s classified as social media marketing.
Social media marketing has been rising in popularity over the last several years.
Literature Review:
Social media is the interaction among people in which they create, share or
exchange information and ideas in virtual communities and networks. Andreas
Kaplan and Michael Haenlein define social media as "a group of Internet based
applications that build on the ideological and technological foundations of Web
2.0, and that allow the creation and exchange of user-generated content.
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Furthermore, social media depend on mobile and web-based technologies to
create highly interactive platforms through which individuals and communities
share, co-create, discuss, and modify user-generated content. They introduce
substantial and pervasive changes to communication between organizations,
communities, and individuals. Social media differ from traditional or industrial
media in many ways, including quality, reach, frequency, usability, immediacy,
and permanence. There are many effects that stem from internet usage.
According to Nielsen, internet users continue to spend more time with social
media sites than any other type of site.
Methodology:
This study uses start-up from various sectors to get a broader idea of marketing
communication usage of social media. The Quantitative data collection method
is being used so that the produced results are easy to summarize, compare, and
generalize. Data collection has been done using Primary and Secondary
methods. For primary data collection, Online research questionnaires were
prepared for the survey and for secondary research, various information has
been collected by referring books, journals, newspaper articles, research reports,
dissertations, research papers, websites, online journals and articles. Online
instruments designed solely for this study have been used to capture data from
the selected sample.
Analysis:
Ques 1:-
46
Interpretation:
The above pie chart shows that the out of 62 respondents, 98.4%
respondents are thinking social media marketing is helpful for the growth
of startups.
It shows that social media marketing is very helpful for promoting the
company’s product and services.
Ques 2:-
Interpretation:
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From the above pie chart, it shows that out of 62 respondents the best
social media platform for promoting the company’s services are LinkedIn
(32.3%) and Instagram (30.6%).
Instagram comes very close behind LinkedIn, Instagram also has its own
set of organic benefits. On Instagram, you can grow your followers
organically and therefore grow the reach of your profile and posts
organically as well.
Ques 3:-
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Interpretation:
From the above graph, it shows that more than half of the respondents
marked that the biggest change the industry has seen due to Social media
marketing is “More challenging environment” and 46% respondents said
that the industry has seen more competitors due to social media
marketing.
Ques 4:-
49
Interpretation:
From the above graph, it shows that more than 60% respondents marked
that the most important part of digial marketing strategy in 2020 is
“Social media” and “Online advertising”.
Ques 5:-
Interpretation:
The above pie chart shows that out of 62 respondents, 40% are marked
that the best paid advertising for startups is “Social media” and 24%
respondent marked that the “ Search engine optimization”.
This survey result illustrate that Social media platforms are the best way
to run an advertisement for your company.
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Ques 6:-
Interpretation:
From the above graph, it shows that 75% respondent marked that most
effective Digital marketing for starategy for 2020 is “Creative content”
and more than 55% respondent marked that “Strong Social Media
Platform”.
This survey result illustrate that Creating compelling content and posting
it on social networks are the most effective tactics marketers use. Content
marketing on its own has become an incredibly effective and popular
tactic. Creating content for social media marketing purposes is a time and
resource-intensive tactic worth executing despite the degree of difficulty
required.
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Ques 7:-
Interpretation:
From the above pie chart, more than half of the respondent said that
business should update their website content “WEEKLY”.
It’s clear that the goal for many marketing people is to “get something up
each week.” Which, is not a bad strategy for at least getting website
content updated on a regular basis.
Ques 8:-
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Interpretation:
From the above graph, it shows that more than 65% respondent marked
that Social media is the most effective method for Startup.
Website content (53.2%) and search engine optimization (41.9%) are also
playing an important role in the social media marketing strategy of most
organizations.
This survey result illustrate the importance of social media for company’s
growth and providing valuable website content to your visitors.
Ques 9:-
Interpretation:
From the above graph, it shows that more than 70% respondents want to
achieve with Social media marketing is to increase awareness of their
brand on social media, more than 30 % respondents want to increase
sales and generate leads through social media marketing.
It shows that, achieving these outcomes are the most important objectives
of a social media marketing strategy.
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Ques 10:-
Interpretation:
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Findings:
The main reason for social media marketing was to create a platform for
highlighting their brand and create brand awareness as it would be
difficult for the small business to advertise their product by other
expensive and paid mediums with limited resources.
It was found that the best paid advertising for startups is Social media
because it is cost effective as compare to other paid advertising.
Majority of the respondents were saying that for 2020, the best effective
strategy for startups is to create creative content and choose strong social
media platform for promoting company’s services and running
advertisement for reaching out the target audience and generating leads.
Conclusion:
A successful startup requires not only great product but also requires effective
marketing strategy in order to get early adapters and make their efforts more
effective. Using social media effectively startups can spread words with limited
budget and targeted audience. Effectively use of social media marketing
strategy help startups to create company brand, generating interest, awareness
and continuing customer engagement.
The main purpose of this Survey is to help startups with their marketing
strategies. From the study we can conclude that it is essential for start-ups to
understand social media tools and the strategies behind using social media for
growing their business. Social media enables companies to show what they
offer and to see what consumer’s value. Companies need to find out which
ways of connecting are most effective for their business, what information
they are looking to share, and how to keep customers engaged.
Social media marketing is important because it aligns with the way consumers
make purchasing decisions. Study indicates that increasing numbers of
consumers are using internet services and research to carry out preliminary
product and price research before making final decisions. It has been shown
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that LinkedIn is a more effective type of social media for start-up
companies comparatively as it accomplishes to fulfil to capture reach,
awareness, visibility and relationship.
Social media marketing enables to build relations with customers and prospects
through regular, low-cost personalized communication, reflecting the move
away from mass marketing. Marketing products through social media costs less
than marketing them through a physical retail outlet.
Social Media has become an important part of our lives. All businesses big or
small, one man or large scale organizations are using the power of Facebook,
LinkedIn etc. to engage with their customers, its impact is unprecedented.
This framework can help startup to build their early social media marketing
strategy and with time and based on output of multiple cycles it is suggested
that startups should customize their strategy based on their experience,
feedback, circumstances and domain.
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ANNEXURE
Name……………………………………………………………………….
Age……………………………
Occupation………………………………………………………………….
Current Status:
o Single
o Married
o Married and Retired
Q: - Do you think Social Media Marketing can help in the growth of a Startup?
o Yes
o Maybe
o No
Q: - Which Social Media Platform is best for promoting the company's
services?
o Facebook
o Instagram
o LinkedIn
o YouTube
o Twitter
Q: - What changes the industry has seen due to Social Media Marketing?
Industry Growth
More Competitors
More Challenging environments
Chances of global expansion
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Q: - Which of these is the most important part for Digital Marketing Strategy in
2020?
SEO/SEM
Social Media
Online Advertising
Content Marketing
Email Marketing
Affiliate Marketing
Blogger Outreach
Q: - Which Paid Advertising is best for Startup?
o Google Adwords
o Search Engine Optimization (SEO)
o Pay Per Click (PPC)
o Social Media
Q: - How startups make their digital marketing strategy more effective in 2020?
Increased Budget
Increased Employee Resources
Creative content
Email Marketing
Strong Social Media Platform
Search engine optimization
Q: - How often should a business update their website content?
o Weekly
o Monthly
o Quarterly
o Half-Yearly
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o Yearly
Q: - Which digital methods are most effective for a startup?
Website Content
Social Media
Email Marketing
Search Engine Optimization (SEO)
Paid Advertising
Q: - If you want to promote your business digitally then what do you want to
achieve with Social Media Marketing?
Increase Sales
Brand Awareness
Customer Acquisition/Lead Generation
Traffic/Visitors
Q: - Biggest challenges in social media marketing for startup?
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REFERENCE
[Link]
[Link]
[Link]
[Link]
Ups_-_An_Effective_Marketing_Tool
[Link]
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