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Blackbook RIA - 5063
Blackbook RIA - 5063
SUBMITTED BY:
RIA U. PHANASGAONKAR
PROJECT GUIDE:
PROF. GARGI DUBEY
ACADEMIC YEAR.
2021-2022
EXECUTIVE SUMMARY
As it is a two-way channel, the user can interact with the brand or the
advertiser who is sending the message if the consumer is interested in
their product or service.
Brands and advertisers can use different selection criteria to configure the
ideal target to which they want to get their message across to the
youngsters.
Certificate
Date of submission:
Declaration by learner
Certified by
Professor Gargi Dubey
(Project Guide)
ACKNOWLEDGEMENT
Learning is a process that never ends. This research project has taught me
a lot of things and given many opportunities. First, I would like to thank
the College for granting me an opportunity to conduct this research. I
would like to express my Gratitude to the members of Nagindas
Khandwala College of Commerce, Science, Arts and Management
Studies and Principal Dr. Ms. Ancy Jose, Vice-Principal Dr. Mona Mehta
and Coordinator Prof. Gargi Dubey for providing me valuable insights on
complex areas of my research project.
I owe special thanks to my project guide Prof. Gargi Dubey. I am
thankful to her for providing constant support & guidance throughout the
project. It was an immensely rewarding working with her.
Lastly, I would like to thank each and every person who directly or
indirectly helped me in the completion of the project especially my
parents and peers who supported me throughout my project
TABLE OF CONTENT
2 INTRODUCTION
3 REVIEW OF LITERATURE 21
4 IN DETAIL STUDY OF THE TOPIC
5 FINDINGS 37
DATA ANALYSIS 38
6 SUGGESTIONS 49
7 CONCLUSION 50
APPENDIX 53
CHP 1 RESEARCH METHODOLOGY-
WEAKNESS
• Very friendly mainly because of screen size, keypad, slow
network speed.
• Perception problem , underestimation of the effectiveness of
mobile marketing
OPPORTUNITIES
• Effectiveness of mobile marketing is measurable compare to
TV and newspaper
• As publishers are launching mobile additions which results into
more quality content and more room for targeted ads
• Mobile marketing brings in the awareness of products and
service which is beneficial for its organization.
WEAKNESS
• Consumer’s laziness to not browse and ignore the ads/
notifications which pop up on the mobile screen.
• Sometimes youngsters take mobile marketing as spamming and
do not take it positively and tend to block such messages
• Legislation to enforce consumer privacy
CHAPTER 2:- INTRODUCTION
INTRODUCTION
Mobile phones helps the people to engage with brands easily. Everything
which was being done on a desktop computer is now available on a
mobile phone. From opening an email to visiting your website, to reading
your content, it's all handy through a small mobile screen. Mobile phones
are becoming very much handy and easy for daily use because everything
is available on just a click of your fingertip.
In business environment, it shapes not only commerce but also the way in
which companies implement their marketing strategies. Offering new
marketing channels to interact with customers is hard to increase sales for
company
Mobile devices allow marketers to deliver personalized context and
location specific messages to individual members of the target market
they note that global brands such as KFC, Burger King, Pepsi, MTV and
Converse are all advanced in the development of mobile marketing
communication initiatives. Almost 1/3 of Indians 21 year old use their
mobile phones to surf the internet at least once a day while a quarter use
them to take photographs every day. As mobile phones improve the
capacity for storing downloaded music and video content they are likely
to become even more necessary to young consumers. This proposes that
young people use of mobile phones and the factors driving this, is a topic
worthy of market
2.2 ADVANTAGES OF MOBILE MARKETING
1. Always available:
Users bring their mobile devices with them all the time, making it the
first marketing channel available 24 hours a day, seven days a week, and
they can use it anytime, anywhere, and it is easy to reach.
3. Immediacy:
The cell phone is a direct line of communication that is always accessible.
SMS messages, for example, are usually read within 15 minutes of
receipt. They are usually replied to within one hour, which is much
quicker than other channels like e-mail.
4. Interactivity:
Since it is a two-way platform, users may interact with the brand or
advertiser sending the message if they are interested in their product or
service. Sellers can directly interact with his costumers.
5. Segmentation:
Different selection parameters can be used by marketers and advertisers
to arrange the optimal target for their message to reach the youngsters.
6. Instant Results :
Youngsters always carry their cellphones. Most of the time, the receiver
is still using their cell phone, which ensures that he or she receives the
message as soon as it is sent. As a result, mobile marketing strategies are
almost always instant.
8. Direct marketing :
The mobile platform interacts directly with users on their mobile phones.
This allows for personalized interaction to a large extent. Using this
benefit, marketers can even start a direct dialogue with the user, getting
instant feedback via SMS or Social media
11.Microblogging benefits :
Microblogging is an online broadcast medium that exists as a specific
form of blogging. Microblogging platforms like Twitter are becoming
increasingly popular among mobile users. This microblogging feature can
be extremely helpful to marketers, and as a result of such platforms,
young people are more aware of a specific brand, service, or product.
12.Anytime, Anywhere
You can reach to people wherever they are, at any time, whether they are
at work, at home, or on vacation, using mobile marketing. And by using
location-based marketing, a lot of information can be gathered about user
preferences, all because of their phones. This helps with ad
personalization, targeted advertising that can be adjusted to speak directly
to one person, based on things like purchase history and location etc.
13.Cost effectiveness :
When compared to radio or television advertisements, mobile advertising
is much less expensive. Targeting plays a significant role in this as well.
To reach consumers who want and need to see your ads, you should
concentrate on targeted advertising. If it doesn't work, you can save
money by simply stopping your campaign.
2.3 DISADVANTAGES OF MOBILE MARKETING
1. First Impression
The importance of first impressions cannot be overstated. Unfortunately,
if your advertisements give viewers a negative first impression, that is the
one that will matter the most. As a result, make sure the advertisements or
content are error-free. Because mobile advertising is generally fast, it's
difficult to correct a mistake before it's noticed.
3. User costs
This is an important disadvantage to consider. Although we see ads for
unlimited data plans, this does not imply that everyone has one. Some of
those who see your ads may be subject to standard data and texting
charges, and the user cost can be very high at times
4. Privacy issues
Users want their privacy online, and mobile marketers must understand
and respect this. As a result, they can only engage in promotional activity
with the user's consent
5. Ignorance:
One of the main barriers to mobile marketing lies in its novelty. We are
still a long way from the marketing departments of companies, media
agencies, and advertisers, acquiring the skills and knowledge necessary to
use mobile marketing strategies in their campaigns effectively. In such a
case, most ads may go untouched, as the user may find it too difficult to
look in detail through each one of them. Youngsters too ignore the spam
of sms and ads on social media and tend to block such ads.
6. Lack of professionals:
Similarly to how online marketing now has professionals who specialize
in planning, identifying strategies, designing, measuring, and campaigns,
mobile marketing also lacks a critical mass of educated, experienced
professional
CHP 3 REVIEW OF LITERATURE
6. Barnes (2002) stress the interactive nature of mobile marketing and the
ability to use contextual information to target the messages to individual
receivers, in other words to personalize the message
1. Location-based marketing
If your small business has a mobile app, you can use location-based
marketing techniques to market to mobile users in a specific area, it
brings in awareness about your store and products to the consumers.
This is especially useful for small businesses that have brick-and-mortar
stores. It can also be practical for local recommendations, like food
delivery or travel services.
3. Mobile-friendly content
Consuming content on mobile devices is different than on a desktop.
You want shorter sentences, engaging headers, and relevant media, like
high-quality images and videos. People are more likely to search through
content, so make it easy for them to do that. When you’re creating videos,
you can use captions to help keep people engaged.
4. Voice search optimization
People are increasingly turning to voice search as smart devices with
voice capabilities become more common in homes. Voice search has the
potential to drive sales. Following are the most common actions that
people take.
Calling a business they discovered, investigating a company's website, or
visiting a local store are all examples of voice searches. These are all
sales-generating activities.
5. Text message marketing
A successful text message campaign starts with giving people the chance
to opt in to future messages.Many people have no problem receiving
SMS messages from companies they love, and people read those
messages within three minutes of receiving them.
When it comes to using text messaging in your mobile marketing
strategies, digital coupons are an effective technique. Coupons people
receive via text message are used ten times more often than coupons from
other sources.
8. Personalization Campaigns
It is one of the most effective targeting strategies for small businesses.
With just a little bit of information about your site visitors or customers,
you can put together campaigns based on where people live and how they
interact with your website. Customers expect to see this
Who receive emails that aren’t personalized say they’ll shop elsewhere.
Personalization extends beyond just email marketing, though people want
to see companies anticipate their needs and deliver digital ads based on
previous experiences, and some people are more likely to purchase from
companies that have personalized offers.
9. Opt-in forms
A key digital marketing best practise is obtaining people's permission to
communicate with them. Whether you're trying to expand your email list
or increase your text message marketing, opt-in forms are essential.
An opt-in form on your website can be as simple as a popup. It can also
be as complex as an offer for an eBook download that requires an email
address.
1) SMS marketing
It is a marketing approach in which companies send short text messages
to prospective customers. SMS marketing is not only the oldest form of
mobile marketing, but it is also the first of its kind. Since the early 1990s,
when mobile phones were first introduced, the only thing people could do
with them was send and receive text messages.
Years passed, and now technology is continuously developing, and
mobile phone can do much more than sending texts. But, SMS marketing
remains as the famous type of mobile because of these reasons.
First, short messages still are the most popular mode of communication
and also the majority of the mobile user immediately read all the
messages that they receive. Second, SMS marketing is popular both in
large and small business because it is extremely expensive compared to
other strategies.
2) MMS marketing
Some businesses choose to use MMS marketing instead of sending short
text messages. With the help of videos, sounds, and photographs, this
approach seeks to make a stronger impression. MMS marketing, to put it
another way, aims to have the same effect as television commercials.
When comparing MMS and SMS marketing, MMS is the more expensive
option.
5) Application Marketing.
Companies are now jumping on the trend of creating apps since the
introduction of the Android Play Store and the iPhone App Store. App
development is a company's way of connecting with its clients. Some
apps are available for download for no cost. However, some apps are not
free. Along with mobile apps, companies have begun to develop various
types of mobile games that users can download directly to their phones.
Different marketing messages will appear on the users' screens when they
download mobile games, encouraging them to visit the company's
website or the game developer.
2. Real Estate:
Because the real estate industry is so competitive, timing and speed are
crucial. SMS is the fastest mode of communication; over 80% of the
population owns a cellphone, and the average time it takes to open a text
message is 90 seconds! Send confirmations of viewings or appointments,
such as survey appointments, via text message.
5. Councils:
Having people turn up to elections are important for councils to make
sure everyone’s vote is collected. SMS can be used to remind people of
these elections or any important local updates. Councils and MP’s always
want to hear the public's opinion. Conducting a quick survey via SMS
Marketing means people are able to answer questions.
6. Food establishments:
Restaurants should use SMS for branding that they want to promote right
now. Knowing when people like to eat means that when sending texts,
timing is crucial. Schedule mass SMS messages during these peak
periods to inform customers of any special offers they may have or to
send a promotional code for a special discount - hungry people think with
their stomachs.
DATA INTERPRETATION
This sample consist whether the youngsters find mobile marketing easy
to search any product or services. 68.2% have agreed that it is easy to find
products or service through mobile marketing.
DATA INTERPRETATION
The content or the ads should be attractive which will attract the
youngsters to search about the product or service in detail and they
will tend to buy it.
CHP 7 CONCLUSION
Even mobile marketing has both cons and pros which impact the buying
behavior of the youngsters, the research has proven some facts that
youngsters at times buy products and services by seeing some attractive
ad, an attractive ad manipulates the consumers to purchase the products
or the services. Mobile marketing has helped many brands to bring
awareness among the consumers and their sales have increased too.
Nowadays , brands send online offers , promo codes etc to attract the
consumers through sms , emails , apps which indeed is one of the best
marketing strategy
It is the fact that today’s youngsters are the consumers of tomorrow, there
is a need to prepare youngsters to consider different consumption pattern
while bearing in mind that becoming a wise spender. Youngsters find
mobile marketing easy and handy for them as it is a quick access for
anything they want and can search according to their preferences , As the
research says, that most of the youngsters have their phones always with
them therefore any messages or email pop ups are very easily accessible
to them .
But at times, these ads can really be disturbing or annoying and at times
youngsters tend to ignore or block such ads, while this can be a
disadvantage to any brand.
Even some industries such as real estates, food establishments, banking
and finance etc. have a scope due to mobile marketing and their industries
are cherished in the term of sales. These industries promote about their
policies and about their firm through social media, emails, and sms etc.
which reach to the consumer directly.
BIBLOGRAPHY
https://www.seminarsonly.com/Engineering-Projects/Marketing/Effect-
of-Mobile-Marketing-on-Youngsters.php
https://www.thebrandonagency.com/blog/advantages-and
disadvantages-of-mobile marketing/#:~:text=This%20is%20probably
%20one%20of,size%20and%20cost%2C%20as%20well.
https://www.marketingdive.com/ex/mobilemarketer/cms/opinion/
editorials/2291.html
http://oaji.net/articles/2016/2985-1455547145.pdf
REFRENCES
Bourke c. (2007), How to develop a mobile marketing strategy
Bauer H., Barnes S., Reinhardt T., (2009) Driving consumer journal of
electronic commerce and research , Vol 6(3) , 181 - 192
APPENDIX
01. Name
02. Gender
Female
Male
Prefer not to say
03. Age
15-20
21-25
04. Do you get ads on any of your devices through email, sms, websites
etc.?
Yes
No
05. Please rank the following modes of advertisement with respect to how
frequently you receive them (1 = least received, 5 = most received)
(1 – 5 scale)
SMS
Emails
Push Notifications
In-App Ads
Social Media Ads
Google Ads
06. How strongly do these ads impact your consumer choices? ( 1 – least ,
5 – most )
1 – 5 scale
09. Do you think mobile marketing has made it easier to search, research
and buy products/services?
Yes
No
Maybe
10. Have you ever subscribed to the premium version of a music app
because of its ads?
Yes
No
Maybe
11. Rank the following cons of mobile marketing with respect to how
much troublesome it is: (1 = least troublesome, 5 = most troublesome)
(1- 5 scale)
Ad calls
Ad SMS
Ad notifications
Ads while playing a game
Website Ads
12. Do you think mobile marketing ads are important from a consumer’s
perspective?
Yes
No
Maybe