Finale MRP File PDF &
Finale MRP File PDF &
of
Master Of Business Administration [ Full Time]
Session [2023 - 2025]
Guided By : Submitted by :
successfully completed the Major Research Project titled as "To study the
Indore.
I would like to convey my sincere gratefulness to all those who gave me the
opportunity to complete this project. I acknowledge the huge importance of this
research and especially of this project undertaken.
At the outset I would take the opportunity to express my sincere thanks to Dr. M
S Murthy Sir and Dr. Kranti Pandey Ma’am for providing me the opportunity
to undertake and accomplish this research work.
I’m highly obliged to Himanshu Matre Sir for her untiring help, valuable
guidance and kind supervision which were the main stream to bring this work in
present shape. I wish to thank her for her constant guidance and support in the
successful completion of this research work.
Without the co-operation of the above personnel, it would not have been possible
for me to understand the dynamics of the research work. Their help and support
can be defined as an inspiration and morale booster that guided me all along the
course of my research.
Kumkum Patidar
HR & MARKETING
DECLARATION
I, Declare that the Major Research project entitled “To study the transformation
Technology, Indore.
Kumkum Patidar
HR & MARKETING
INDEX
1 Introduction
2 Industry Profile
3 Literature Review
4 Problem Definition
5 Objectives of Study
Scope of Study
Limitations of Study
Hypothesis
6 Research Methodology
Research Design
8 Findings
9 Suggestions
10 Conclusion
11 Bibliography
12 Annexture
CHAPTER 1
INTRODUCTION
INTRODUCTION
Direct Mail
Television and radio are traditional avenues still widely used. Broadcast
marketing reaches a Large audience within a limited period of time. Television
advertisements also bring authenticity And realism to a product as people can see
how the product works. However, broadcast messages Have a shorter lifespan
compared with printed messages.
Referral
Billboards
Billboards are some of the largest forms of traditional advertising. Many exist on
the interstate To entice travelers to stop along their journeys. These
advertisements must be short and very Visible to have an impact. It is also
important for the billboards to be placed in an area that Receives a lot of traffic,
as well as in a reasonable proximity to the business.
Newspapers
Newspapers are one of the oldest areas in which to place advertisements. With
new editions Daily, in most cases, this makes it also the most disposable type of
advertising. The effect must Be gathered before the consumer turns the page or
the usefulness of the advertisement is gone Forever. Most newspapers have a
readership that consists mostly of local people to your area. However, there are a
few national newspapers. Consider your target market and which newspaper They
are most likely to read prior to purchasing newspaper advertisements.
Magazines
Advantages:-
Reach
You can reach a group of specific consumers that do not necessarily utilize
internet browsing.
Disadvantages:-
Expensive
Purchasing television, radio, or printed ads tends to be pricey for both small and
mid-sized Businesses.
Inefficiency
Unlike Online Marketing, it is quite difficult to measure the conversion rate of
your ads through Traditional marketing, which makes it difficult to have a good
understanding of the efficiency of Your ads and the results they offer.
Forced Strategy
This type of marketing strategy is known to be a forced method of selling a
product, since the consumer is not necessarily seeking your product in the first
place.
DIGITAL MARKETRING
Content Marketing
Content marketing is a strategic marketing approach focused on creating and
distributing Valuable, relevant, and consistent content to attract and retain a
clearly defined audience and,ultimately, to drive profitable customer action.
Display Advertising
Based on your audience profile and your products, select ad space in specific
websites from Where you can get good traffic. Display ads can be anything from
the banner ads to videos. In The online world, it is considered as one of the most
effective ways of digital branding. Instead of developing text-based
communication, create interesting videos or images that will speak on Behalf of
your brand. Also, take time to follow your targets and wisely choose the websites,
Which in turn are followed by your audience group.
MOBILE MARKETING
Mobile-centric ads are the current trend. From the in-app messages to the videos,
mobile Advertising is the most effective way to promote your brand. With the
entire world going mobile, Developing short and crisp communication targeting
the mobile users is the best practice. As People carry their mobiles your brand
communication stays in their mind, for a longer time. While developing mobile
ads, ensure that it fits the screen sizes of all hand-held devices. In this Way, your
message will be clear and you shall successfully position your brand name in the
Minds of your targets.
Marketing Skills
Digital marketers support the wider marketing team and the strategic goals of the
whole company By rolling out marketing strategies in the online environment,
Hobson said. Digital marketers Strive to be a voice for the customer and how they
want to interact with a brand digitally, Rogers said.
EMAIL MARKETING
Even with the emergence of social media, mobile applications and other channels,
email is still One of the most effective marketing techniques, Rogers said. It can
be part of a content marketing Strategy, providing value to consumers and over
time convert an audience.
AFFILIATED MARKETING
Social media marketing is a form of digital marketing that uses social networks,
such as Twitter, Instagram, and Facebook, to reach customers. A core feature of
modern digital marketing, social Media marketing leverages the reach of social
network platforms with data-driven efforts to Reach targeted consumers. The
active user size of social media platforms makes them particularly Enticing to
marketers. One study published in January 2022 quantified the number of active
Social network users in the billions
Advantages of digital marketing;-
Global reach – a website allows you to find new markets and trade globally for
only a small investment.
Lower cost – a properly planned and well targeted digital marketing campaign
can reach the Right customers at a much lower cost than traditional marketing
methods.
Skills and training – You will need to ensure that your staff have the right
knowledge and Expertise to carry out digital marketing with success. Tools,
platforms and trends change rapidly And it’s vital that you keep up-to-date.
High competition – While you can reach a global audience with digital
marketing, you are also Up against global competition. It can be a challenge to
stand out against competitors and to grab Attention among the many messages
aimed at consumers online.
IS, DIGITAL MARKETING EFFECTIVE?
A business owner wants to go to the customer. Customers spend more time and
resources on Online channels than ever before. They are consuming ads on
websites, apps, or social media. Businesses have to personalize their content per
their audience. Since this audience hangs out Online, digital marketing is
growing. It’s also increasing because the digital marketing industry Is thriving.
Here’s a digital marketing salaries guide showing the growth of digital marketing
From an employment perspective.
The impact of your digital marketing strategies depends on the KPIs that are
relevant to the Branch of digital marketing and the tools you are using. You use
analytics tools like Google Analytics and Heap to track these KPIs and get
actionable insights. Website metrics—such as Overall traffic, bounce rates, and
average time per visit—are all important to look at. A company With more
robust a social media strategy might use different metrics, such as reach and
impressions, engagement rate, and click-through rate.
Define your target audience: Clearly define your target audience and
tailor your messaging And content to their needs and interests. Use
demographic data, customer feedback, and analytics To better understand your
audience and create more personalized and relevant content.
Set clear goals and KPIs: Define specific, measurable goals and key
performance indicators (KPIs) to track your progress and determine the success
of your campaigns. Use analytics tools To monitor your metrics in real-time and
make data-driven decisions to optimize your campaigns.
Leverage social media: Use social media platforms to engage with your
audience, build Relationships, and drive traffic to your website. Use paid
advertising and social media influencers To expand your reach and increase
engagement.
Product
This may be a physical product or a service proposition. The key here is that
something is Developed that people actually want to buy. Some businesses
begin with a product and then try To force that on an audience. If there is no
demand for your product and no one is interested then You will not be able to
create demand.
Price
Pricing is the second P and one that can be more of a science than an art.
Understanding price Elasticity and competitive positioning are angles to
consider but the key factor is whether the Price reflects the amount that people
are willing to pay. The ‘willing to pay’ element depends on Many factors such
as brand value, online reviews, product quality and others but there are also
Numerous pricing tactics and strategies that can be employed during the
different phases of the product life cycle.
Promotion
Promotion is what most people think of when they hear the word marketing and
consists of TV Campaign, press advertising and display banners. This is often
the first time that people will have Any relationship with the company’s brand
and in below-the-line marketing; this can be a Personal relationship. To be
successful in digital marketing, first impressions about the company Are very
important and hence so getting the company’s promotion strategy right is vital.
CHAPTER 2
INDUSTRY PROFILE
Industry Profile
THE NATURE OF BUSINESS
SECTOR:
TRADITIONAL/DIGITAL MARKETING INDUSTRY: MARKETING
Traditional Marketing:
Digital Marketing:
Industry Trends:
The marketing industry has undergone significant changes in recent years, driven
mainly by the Shift towards digital marketing. While a significant proportion of
businesses still rely on Traditional marketing methods, more and more companies
are shifting towards digital marketing Due to its costeffectiveness and target
specificity.
Some of the key trends in digital marketing include the use of social media
influencers, Personalized marketing, and artificial intelligence and automation in
marketing campaigns. Social media influencers, who have a large and loyal
following on social media platforms, have Become a key component of many
digital marketing campaigns.
Personalized marketing is also increasingly being used, wherein marketing
efforts are tailored to A specific audience based on their interests and behaviours.
Artificial intelligence and automation Are being used to optimize marketing
campaigns and improve the customer experience.
In conclusion, both traditional and digital marketing strategies have their benefits,
and Companies must choose the best one based on their target audience,
objectives, and budget. However, the growth of digital marketing is inevitable,
and businesses must be willing to adapt to the changing landscape to remain
competitive.
Print advertisements.
Cost: Traditional marketing methods like print ads, billboards, and brochures
can be quite Expensive, especially for small businesses.
Potential for fraud: Digital marketing can be prone to click fraud, where
businesses pay for clicks that do not lead to actual sales.
CHAPTER 3
LITERATURE REVIEW
The transformation from traditional to digital marketing has become one of the
most profound shifts in the marketing industry, largely influenced by
advancements in technology and changes in consumer behavior. Traditional
marketing, including print ads, television commercials, radio, and billboards, has
been centered on mass communication with limited direct engagement or
measurable results. These methods often lacked personalization and real-time
interaction with consumers. However, the rise of the internet, mobile technology,
and social media has fundamentally changed how businesses communicate with
their audiences.
The digital marketing revolution began in the early 2000s with the growth of
search engines, websites, and social media platforms, but its acceleration in the
last decade (2013-2023) is particularly notable. By 2023, digital marketing spend
surpassed traditional media for the first time, with digital ad spending reaching
over $500 billion globally, according to Statista (2023). This dramatic shift
reflects the growing dominance of digital platforms like Google, Facebook,
Instagram, and newer entrants such as TikTok. Brands can now target highly
specific audience segments using data-driven insights and measure campaign
effectiveness in real-time, creating more personalized experiences for consumers.
One of the key drivers of digital marketing's growth is the availability of data. In
contrast to traditional marketing, where audience targeting was based on broad
demographics, digital marketing relies on advanced data analytics to segment
audiences precisely. Tools such as Google Analytics, CRM systems, and social
media insights allow businesses to analyze consumer behavior, monitor
engagement, and make data-backed decisions. According to a McKinsey &
Company report (2023), companies that incorporate advanced analytics into their
marketing strategies saw a 20% improvement in ROI. This ability to measure and
refine campaigns has made digital marketing more effective and accountable than
traditional methods.
Social media platforms have played a pivotal role in this shift. As of 2023, over
4.7 billion people use social media worldwide, making it an essential channel for
businesses to interact with their audience. Social media marketing now includes
not only organic posts but also influencer marketing, paid ads, and real-time
customer service. Platforms like Instagram and TikTok are central to influencer
partnerships, where brands collaborate with individuals who have large, engaged
followings to promote products. According to Influencer Marketing Hub (2023),
the influencer marketing industry was expected to reach $21.1 billion in 2023,
highlighting its growing importance in digital strategies.
Mobile marketing has also reshaped the digital marketing landscape. As mobile
usage continues to grow, businesses are increasingly adopting mobile-first
strategies to optimize websites, content, and ads for smartphones. According to
Statista (2023), more than 60% of global web traffic now comes from mobile
devices, making mobile optimization a crucial part of digital marketing.
Moreover, the integration of geolocation data allows businesses to deliver
personalized, location-based content, enhancing relevance and engagement.
The advent of Artificial Intelligence (AI) and machine learning has further
accelerated the evolution of digital marketing. AI enables marketers to deliver
highly personalized content at scale, optimize ad placements in real time, and
improve customer experiences with automated chatbots. AI-driven marketing is
expected to account for over 30% of global marketing spend by 2025, as reported
by Gartner (2023). This shift toward automation and data-driven decision-
making has increased efficiency and improved customer engagement.
In conclusion, the transition from traditional to digital marketing is driven by
technological innovations and changing consumer preferences. The growing
reliance on data analytics, social media engagement, mobile marketing, and AI is
reshaping how brands communicate with consumers. As we move through 2023
and into 2024, digital marketing will likely continue to evolve, integrating
emerging technologies such as augmented reality (AR), virtual reality (VR), and
advanced AI, further enhancing personalization and consumer interaction.
CHAPTER 4
PROBLEM DEFINITIONS
Traditional Marketing:
Limited reach: Traditional marketing tactics like flyers and billboards have a
limited reach and might not reach the desired target audience.
Digital Marketing:
Low online visibility: A website might not rank high on search engine
results pages, reducing Its visibility and reach.
Low website traffic: A website might not attract many visitors, reducing its
chances of Generating leads and revenue.
High bounce rate: Visitors might leave the website quickly, indicating that
the website failed to Meet their expectations or provide useful information .
Poor lead generation: Visitors might not convert into leads due to a lack of
trust, poor user experience, or inadequate lead generation tactics.
CHAPTER 5
OBJECTIVES OF STUDY
• To study the effect of Digital marketing on brand awareness and overall
perception of the Company.
• To evaluate the mode of marketing gives better results in terms of sale, profit
etc.
SCOPE OF STUDY
LIMITATIONS OF STUDY
• Sample bias:
Research conducted solely through online surveys or social media may only
Capture the perspectives of individuals who are active online, leading to a
biased sample That may not accurately represent the larger population.
• Limited generalizability:
Results from digital marketing studies may not be easily Generalized to other
industries or regions, as different factors may come into play in Different
contexts.
• Lack of standardization:
There is a lack of standardization in the way that digital Marketing metrics are
defined and measured, making it difficult to compare results across .
5.3
HYPOTHESIS
Results: Based on the results of our hypothesis testing, we reject the null
hypothesis and accept the alternative hypothesis.
This study is based on secondary data which collected using different websites
available on the Internet. We also collected data from various websites available
on the internet including the official website of the company and other survey
conducting websites
CHAPTER 7
DATA ANALYSIS & INTERPRETATION
Showing which method of marketing you prefer
52% of respondents agree that getting a new product launching info via digital
Marketing is more informative than traditional marketing, 26% of respondents
Strongly agree that getting a new product launching info via digital marketing is
more Informative than traditional marketing,18% of them have neutral opinion,
2% of them Disagree that getting a new product launching info via digital
marketing is more Informative than traditional marketing, 2% of respondents
strongly disagree that Getting a new product launching info via digital marketing
is more informative than traditional marketing.
Showing attentiveness in online marketing
Interpretation
It shows the benefits does traditional marketing offer over the online marketing.
58% Of respondents opinion that traditional marketing offer easy of shopping
over than Online marketing, 26% of respondents opinion that time saving is
provided by Traditional marketing, 14% of respondents opinion that traditional
marketing as a Interactive medium and 12% respondents opinion that traditional
marketing offer Low cost.10% of respondents opinion that traditional marketing
offer wide range of Information.
Showing how would you rate traditional marketing
Interpretation
It shows the rating given to traditional marketing by the respondents. 46% of
Respondents are satisfied with traditional marketing, 36% of respondents have
good Opinion about traditional marketing, 16% of respondents have excellent
opinion about Traditional marketing, 2% of respondents have fair opinion about
traditional Marketing, No one have bad opinion about traditional marketing.
CHAPTER 8
FINDINGS
• Social media is a powerful tool for reaching customers: Social
media platforms such As Facebook, Instagram, Twitter, and LinkedIn continue
to be important for reaching customers and building brand awareness.
• Optimize for mobile: With more than half of all web traffic coming
from mobile devices, It’s essential to optimize your website and marketing
campaigns for mobile. Make sure your website is mobile-friendly and create
mobile-specific content and ads.
The advent of the internet and digital technologies introduced a paradigm shift in
the marketing world. With the emergence of online platforms and tools,
businesses gained access to a vast array of digital channels—websites, search
engines, social media, email, and digital ads—that allowed for more targeted and
measurable marketing efforts. One of the key advantages of digital marketing is
its ability to provide personalized, customer-centric experiences. Unlike
traditional marketing, which often broadcast a one-size-fits-all message, digital
marketing can tailor content to specific demographics, behaviuors, and even
individual preferences.
The ability to track consumer behavior through tools like Google Analytics, social
media insights, and email metrics has given businesses a wealth of data to better
understand their audiences and optimize marketing strategies. This data-driven
approach has made digital marketing not only more cost-effective but also more
effective in reaching the right audience at the right time. Additionally, the global
reach of digital marketing has leveled the playing field, enabling businesses of all
sizes to compete in a global marketplace with limited budgets.
However, the transition to digital marketing is not without its challenges. The
digital space is crowded, with businesses constantly vying for consumer attention
through an increasing number of platforms and channels. This oversaturation has
made it more difficult for brands to stand out, requiring marketers to be highly
creative and innovative in their approaches. Furthermore, as digital marketing
becomes more reliant on data and technology, issues like data privacy, cyber
threats, and the ethical implications of personalized advertising have emerged as
key concerns for businesses and consumers alike.
S:
• https://www.mygreatlearning.com/blog/introduction-to-digital-marketing/
• https://www.simplilearn.com/traditional-marketing-vs-digital-
marketingarticle
• https://www.simplilearn.com/history-and-evolution-of-digital-
marketingarticle
• https://www.perceptive.co.nz/blog/from-traditional-to-digital-the-
evolutionof-digital-marketing-strategy
• https://www.journalbusinesses.com/index.php/revista/article/view/295/661
•https://www.researchgate.net/publication/303163963_Digital_Marketing_in_
Indian_Context
• https://www.customermonitor.com/blog/from-traditional-to-digital-
theevolution-of-digital-marketing-strategy
• https://www.studocu.com/in/document/itm-group-ofinstitutions/management-
of-new-ventures/299399529-
REFERENCE
ANNEXTURE
Q.1) Which method of marketing you prefer?
o Digital Marke ng
Q.2) Do you think digital marketing is more effective than traditional marketing to launch
product?
o Strongly agree
o Agree
o Disagree
o Strongly disagree
o Strongly agree
o Agree
o Disagree
o Strongly disagree
o Highly sa sfied
o Sa sfied
o Dissa sfied
o Low cost
o Time saving
o Ease of shopping
o Interac ve medium
o Excellent
o Sa sfied
o Good
o Fair
o Bad