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Unit-7 Marketing Communication
Unit-7 Marketing Communication
In other words, the different medium that company adopts to exchange the information
about their goods and services to the customers is termed as Marketing Communication.
The marketer uses the tools of marketing communication to create the brand awareness
among the potential customers, which means some image of the brand gets created in
their minds that help them to make the purchase decision.
Marketing communication offer solutions to the following questions:
4. Public Relations and Publicity: The companies perform several social activities
with a view to creating their positive brand image in the market. The activities
that companies are undertaking such as, constructing the public conveniences,
donating some portion of their purchase to the child education, organizing the
blood donation camps, planting trees, etc. are some of the common moves of
enhancing the Public Relations.
5. Direct Marketing: With the intent of technology, the companies make use of
emails, fax, mobile phones, to communicate directly with the prospective
customers without involving any third party in between.
6. Interactive Marketing: Interactive Marketing has recently gained popularity as
a marketing communication tool, wherein the customers can interact with the
firms online and can get their queries resolved online.
Amazon is one of the best examples of interactive marketing wherein the
customers make their choice and can see what they have chosen or ordered in the
recent past. Also, Several websites offer the platform to the customers wherein
they ask questions and get the answers online such as answer.com.
Marketing Tools
Marketing tools are the systems, techniques, strategies, resources, technology and
materials used by companies or marketing professionals to create and implement
marketing campaigns that successfully promote their products and services. Your
company's marketing campaign is the direct link between the company and its
customers, so it is important to choose the marketing tools that are most effective for
your customers. There are several types of marketing tools available, and each type of
marketing tool serves a unique purpose. It is common for businesses and marketing
professionals to use a combination of marketing tools in their overall marketing strategy.
Marketing creates an avenue of exchange between you and your customers. Sometimes
that exchange prompts an immediate sale, and at other times it builds awareness of the
brand for when future purchases are made. Businesses use various marketing tools to
communicate company information, stimulate customer interest and motivate action.
An integrated marketing approach applies several tactics to engage customers and build
business.
Marketing tools are tools that companies use to develop and promote their products and
services. In this context, the word ‘Tools‘ refers to techniques, strategies, and materials.
The vast majority of businesses use several different marketing tools, such as
advertising, direct mail, and market research to boost their sales.
Companies have a range of marketing tools at their disposal. Some of them are
specifically for boosting sales, while others focus on gathering consumer data.
It is important to know which tools are best for your business. In other words, which
tools you need to achieve your primary goals and objectives. In most cases, people use
multiple marketing tools at the same time.
Businesses use various marketing tools to communicate company information, stimulate
customer interest and motivate action. An integrated marketing approach applies several
tactics to engage customers and build business.”
You need to determine which marketing tools you need. They should help boost sales.
Below are some marketing tools with an explanation of what they are and why
businesses use them.
Classified Adverts
Classified adverts or classified ads are useful for generating leads. In this context, the
word ‘leads‘ means potential customers.
Classified ads can direct people to a specific website or webpage (the word exists as one
or two words, i.e., ‘web page’). They can also attract people who seek further
information.
Social Media
In the world of Internet marketing, social media is a marketing tool where you try to
develop an interactive online relationship with consumers. Your aim is not, for example,
to surreptitiously mine customer data.
Blogging, posting, sharing and tweeting are popular social media marketing tools.
Media sharing, pinning, bookmarking, and commenting on social media websites are
also popular.
Social Media Marketing (SMM)
Another type of marketing tool that has become increasingly important is social media
marketing. Social media marketing involves using company profiles on social media
websites to raise brand awareness, engage with customers and advertise products or
services. Social media marketing tools include things such as blogging, micro-blogging,
posting, sharing, commenting and bookmarking.
Internet marketing refers to marketing that only occurs online. Search engine
optimization (SEO) and online advertising are examples of Internet marketing. There
are several ways to increase your SEO. One of the first steps is to secure a reliable and
simple domain name that is relevant to your site, industry, or keywords you want to
match for.
Another marketing tool closely related to your website marketing is search engine
optimization, also commonly referred to as SEO. Search engine optimization involves
optimizing both the on-site and behind-the-scenes content of your website to rank higher
in major search engine results pages (SERPs). Search engine optimization refers only to
natural search results rankings, not paid links at the top of the SERP. Effective search
engine optimization involves the creation of high-quality content that consumers will
find relevant to their search.
The higher your website ranks in the search engine results page algorithms, the more
likely your website is to show up on the first couple pages of a keyword search related
to your business. Because most consumers only look at the first page of search results,
the higher your SEO ranking is, the more effective your website marketing will probably
be.
SEO is the process of taking steps to help a website or piece of content rank higher on
Google.
The key difference between SEO and paid advertising is that SEO involves “organic”
ranking, which means you don’t pay to be in that space. To make it a bit simpler, search
engine optimization means taking a piece of online content and optimizing it so search
engines like Google show it towards the top of the page when someone searches for
something.
Look at it this way. When someone types “vegan lasagna” into Google, they’re likely
looking for a recipe, ingredients, and instructions on how to make it. If you wrote an
article about making vegan lasagna, you’d want people to find your recipe. For anyone
to find it, you need to rank above all the other websites with recipes for vegan lasagna.
It’s not easy, but that’s what SEO marketing is all about.
Let’s break it down even further: The majority of online searches begin with a search
engine like Google. In fact, 75 percent of those searches start on Google.
To better understand how you can rank your content higher in the search engines, you
need to first understand how search works.
The ultimate goal of this article is to help you understand the ins and outs of search so
you can optimize your content to rank higher on Google and get more eyeballs on your
posts.
When it comes to broader SEO, there are two equally important paths: on-page
SEO and off-page SEO.
On-page SEO is about building content to improve your rankings. This comes down to
incorporating keywords into your pages and content, writing high-quality content
regularly, making sure your metatags and titles are keyword-rich and well-written,
among other factors.
Off-page SEO is the optimization happening off of your website itself, such as earning
backlinks. This part of the equation involves building relationships and creating content
people want to share. Though it takes a lot of legwork, it’s integral to SEO success.
Digital marketing
The increased use of the Internet by consumers has made it necessary for companies to
have a website. There are several roles your company's website will have as a marketing
tool. You can use your company's website to build brand awareness, educate and inform
potential customers, advertise your products and services, communicate with customers,
generate leads and make sales. It is also important to make sure your website is
optimized for speed, design, function and various platforms such as computers,
cellphones and tablets.
Google Analytics
If you have an online business or your company has a website, Google Analytics is
extremely useful. It gives you an overview of where your visitors are coming from. It
also tells you what type of people are visiting, and which content on your website
performs best.
You can also use Google Analytics to work out visitor conversions. This data will help
you set up conversion goals.
Organic CTR is a way you can utilize Google Analytics to improve your website traffic.
You can optimize page titles and descriptions and see how they perform by
implementing A/B testing.
Direct Mail
“Designing an emailshot differs from creating a webpage or designing for print as you
have to consider the specific needs of your target audience and the technical
requirements of different email applications.”
This brings us to modern-day email marketing tools which many marketers still
consider to be more effective than other types of digital marketing.
These marketing tools scan the web and inform you of conversations that are relevant
to your company, product, or brand. These tools scan, for example, social media sites,
forums, blogs, and videos.
“Media monitoring lets you discover what people are saying about you online so you
can jump in and respond or react to conversations, decrease the spread of negative PR,
and even help increase awareness of your product, service, or organization.”
Surveys
Surveys are useful for determining which products to create and also for improving or
upgrading existing goods. The word ‘goods‘ in this context means ‘products.’
Surveys are also useful if you want to rate your and your rivals’ products. A survey can
ask a representative sample of consumers what they like about your and your
competitors’ products. You can carry out a survey face-to-face, on the telephone, by
normal post, or online. Most marketing professionals will mention surveys when you
ask them to list their most important marketing tools.
Customer loyalty programs are used as a marketing tool to generate customer interest
and encourage customer retention. Customer loyalty programs involve providing
rewards to customers who can use those rewards to earn discounts or free products or
services from your business in the future. Customer loyalty programs are available in
several forms, ranging from a program as simple as offering customers a card that can
be stamped on each visit to using customized mobile applications and other digital
systems to manage your loyalty program.
Customer loyalty refers to the likelihood that existing customers keep coming back. In
other words, how frequently customers come back for more again and again. It differs
from brand loyalty. Among marketing tools that many small businesses overlook,
customer loyalty programs are one of the most common. This is a pity.
It is much cheaper and requires less time to get an existing customer to buy your
products than new ones. Some studies suggest that it costs seven times more to get a
new customer to buy from you than an existing one.
Automation
Automation tools are marketing tools that save a lot of time. Marketers can save time
wasted doing those daily tasks like saving files and emails to spreadsheets.
Print advertising
Print advertising is a marketing tool that uses physically printed materials to raise brand
awareness and generate customer interest. Print advertising includes materials such as
classified ads, billboards, business cards, brochures, direct mail campaigns, catalogs,
sales letters, order forms and more. These are some of the most traditional types of
marketing tools, however, many of them are still effective. You can even use your print
advertising to drive your customers to your digital marketing campaigns by directing
them to your website or social media pages.
Press releases (PR)
Press releases are advertisements that take the form of a news article or story in a
newspaper, magazine or online publication. Many consumers may not realize that these
newspaper and magazine articles are often written by businesses or marketing teams and
then distributed to several publications for printing.
Commercial advertising
It is very important for companies to protect their brand's reputation. Media monitoring
tools are marketing tools that help your company search the internet for any mention of
your company to ensure you can engage and respond to comments and reviews being
made about your business. This helps you build your brand awareness and also ensure
you are protecting your business from negative reviews or remarks.
Event Marketing
Information Gathering
Information gathering is the process of reviewing and analysing data and information
about customers, the market and your industry. Information gathering is a very
important marketing tool because it gives your company insight into how well your
other marketing techniques are working. Information gathering can include things such
as customer surveys and web analytics. Many marketing tools will provide you with
data that you can use to analyze how well that specific marketing tool is performing.
Examples of Software for various Marketing Tools
2. Todoist
Managing the tasks of a project effectively makes it possible to complete your projects
on time and the Todoist app is the right tool for that. It allows you to create interactive to-
do lists that you can use to keep a track of all your tasks. You can easily organize and
prioritize your tasks with Todoist and make sure that you never get off track.
With the quick add feature, you can create new tasks and organize them in no time.
Moreover, it’s quite easy to see the details, like subtasks, added comments, the due date
of a task through from the task view. Also, you can bring your teams to the Todoist app
and assign them tasks directly through the app.
Ups:
• Real-time notifications for everything happening within a task
• Color-coded graphs help you to visualize your daily and monthly
productivity
• Easy access to the completed tasks of a project
Downs:
• A limited set of project management features
• Not suitable for large organizations
Content Creation Software
3. Whatagraph
Whatagraph is an online reporting and monitoring platform for medium marketing
agencies. It allows them to review, monitor and report on the performance of their
marketing campaigns from multiple data sources.
Whatagraph is a highly visual platform. It turns the performance numbers into a visual
presentation, helping agency teams, their clients, and anyone not a marketing expert
read and understand the data easily.
Ups:
• Performance monitoring and reporting on more than 40 different channels
• Easy to adopt and use by connecting data sources directly and building
reports using widgets
• Automatically updates and sends reports to designated clients or produces
live dashboards to view from a link
• Can work with customer data through an API or import from Google Sheets
Downs:
• Data fetch time can take a long time on some integrations
• For agencies using a small number of channels, the platform can be
expensive
• Some of the integrations are limited – e.g. do not have full segmentation
abilities
4. Creatopy
Creatopy is an intuitive ad design platform that helps you easily craft engaging ads that
fit all your needs, including banners and other display ads, social media ads, and video
ads. You can start from industry-specific templates and standard sizes or create your
own custom designs. By taking advantage of the high-quality stock photo, video and
audio libraries, you can truly bring your ads to life.
Due to its automation capabilities, Creatopy allows you to generate large volumes of ad
variations with just a few clicks, eliminating repetitive tasks. In addition, the platform
gives you the possibility to work in bulk, creating sets of ads that can be edited and
downloaded simultaneously.
Ups:
• Access to a mix of automation, animation and customization capabilities,
Downs:
• It’s a new product, so new functionalities are still under development
5. Pixpa
Pixpa is an all-in-one website building platform for creative professionals and small
businesses. It is an ideal portfolio website builder for creatives like photographers, artists
and designers, as well as businesses like architecture firms and branding agencies. It
also offers a very comprehensive platform for small businesses to build and grow their
online presence with tools like a built-in online store, blog, client galleries, SEO
management and marketing tools etc.
The best thing about Pixpa is the fact that it is a no-code platform and requires no
advanced technical knowledge. If you are in search of an inexpensive and accessible
solution for creating a branded website or portfolio, Pixpa is exactly what you are
looking for.
Ups
• No coding needed. Easy to use and accessible.
• Extensive SEO management tools.
• Integrated e-commerce and marketing features.
• Drag and drop website builder.
• 24X7 support (email, live chat)
Downs
• Lack of built-in options for purchasing custom domain names.
• Paid platform. No free plans.
Social Media Marketing and Management Software
6. Hootsuite
Buffer is yet another popular app for managing multiple social media accounts using a
simple dashboard. You can integrate all the major social media platforms, including
Facebook, Instagram, Pinterest, and LinkedIn with the app.
You can draft posts, schedule them, and analyze the performance of each social media
campaign. With Buffer, you can harness the power of social media to increase the brand
awareness of your organization and drive customer engagement.
Ups:
• Remarkable UI and UX design
• The in-built calendar lets you see all your scheduled content on different
social platforms at a glance
• You can share posts with your teammates and ask for approval before
publishing them
• It’s easy to measure social media performance and create detailed reports
for analyzing how your efforts are paying off
Downs:
• Pricey for individuals and small businesses
• Lacks team management features
9. SocialPilot
If you want to add some automation to your social media management work, SocialPilot
is just the right tool. You can add the URL of your business’s website and other websites
that you follow to share their blogs automatically on your social media.
With SocialPilot, you can view and reply to messages, comments on multiple Facebook
profiles in real-time. The integrated social media analytics lets you analyze the
engagement on social posts and also helps to understand the audience’s behavior. Also,
you can document the analytic reports of your social platforms by downloading them in
the PDF format.
Ups:
• Assign roles to team members and define their access levels
• Content recommendations from across the web
• Bulk scheduling makes it possible to schedule social posts for upcoming
weeks or months
Downs:
• It’s somewhat difficult to navigate through the app
10. 8b.io
8b.io is a new link in bio tool that allows adding multiple links to a single page. It offers
to easily curate what the users share on their social media and convert their auditory to
their subscribers or customers. The 8b.io pages can be customized with a collection of
page styles, profile pictures, animated backgrounds.
You can change your subdomain name to a custom one, get QR code for free. The
premium subscription is annual, and it allows creating up to 5 pages with an unlimited
number of links. With the Premium plan the user can connect a custom domain, add
“Blue badge” to profile, remove 8b.io logo, access the advanced analytics and all styles
and backgrounds.
Ups
• The tool is free with minimal limitations
• Custom video backgrounds
• Direct links to call phones, chat on messengers, send text, email
• Easy interface with zero learning curve
Downs
• Only 5 layout styles is available at the moment
11. SEMrush
SEMrjush is one of the top-rated digital marketing tools for business that you can
leverage to plan and monitor all your SEO strategies. It allows you to search relevant
keywords for your website, analyze competitor’s SEO strategies, and create SEO-
friendly webpage and blog content.
Apart from SEO, SEMrush can also help you with PPC (pay-per-click) ad campaigns
and boost your business’s sales. It is a comprehensive software that can meet both your
SEO and SEM needs, like backlink analysis, organic traffic insights, content audit,
competitive research, and much more.
Ups
• Comes with a wide range of useful tools and features
• Suitable for marketing teams of every size
• Data-driven solutions for developing powerful content strategies
Downs
• Pricing is quite high for individuals, freelancers, and startups.
As a marketing professional, you need to analyze and understand the behavior of users
visiting a website. Hotjar is a specialized behavior analytics software that allows you to
gain better knowledge about user behavior with features, like heatmaps and visitor
recordings.
The software also makes it possible for you to get feedback directly from users. This
feedback data is useful for identifying the factors that trigger them to perform certain
actions. With Hotjar, you can embed surveys on a website or share it with users to get
their feedback.
Ups:
• Easy to set up and use
• Allows visitor targeting using URLs, device and user attributes
• You can export user responses in CSV or XLSX format
Downs:
• Suitable only for websites, you can’t use it for apps
Mailchimp is an all-in-one integrated marketing platform that is quite popular for its
capability to create meaningful email marketing campaigns. You can use this software
to draft professional emails for your customers and drive sales.
Its pre-designed email templates and drag-and-drop builder makes it easy to create
engaging emails in no time. Additionally, you can manage multiple email campaigns
using MailChimp and track all of them in real-time to make sure that all your efforts
bring the desired results.
Ups
• The content studio store images and files that you can use readily in emails
• Allows you to create transactional emails, such as order confirmation
emails.
• Integrated analytics tools make it possible to analyze audience behavior and
engagement
Downs
• Suitable for small businesses
• Lack of advanced features
15. Systeme
Systeme.io is an all-in-one software to build an online business (no need to download
anything on your computer) that allows you to:
• build your email list
• create sales pages, email capture forms and popups
• send newsletters (and lead magnets) to your subscribers
• create sales tunnels
• host your online trainings
• create (pre-recorded) webinars
• collect payments for your trainings (and other services such as coaching or
even physical products)
• create your affiliate program and find your affiliates
• edit invoices and manage your affiliates’ commissions
• find partners to sell in affiliation thanks to the integrated marketplace
• get statistics on your business (turnover, conversion rate, number of sales,
email opening rate, etc.)
Ups:
• It is the easiest tool to use to build an online business
• Systeme.io is the most competitive offer in the world. You will not find on
any other tool so many features for so little money
Downs:
• Systeme.io allows few integrations today
16. GetResponse
Although GetResponse started as an email marketing platform, it has developed into a
full suite of inbound marketing tools ranging from a marketing automation system,
website builder, landing page creator, and more. However, their email marketing still
stands out as one of their key features—boasting a deliverability rate of 99%.
GetResponse is also able to integrate with many other key elements of your marketing
arsenal such as CRM platforms, Ecommerce services, forms and survey integrations,
and many more. This allows you to take control of your own digital destiny and grow
your business more effectively.
Ups:
• GetResponse’s Marketing Automation is second-to-none offering an easy
drag-and-drop editor to fully develop and nurture customer relations through
automated messaging and events.
• Each plan—including free—comes equipped with their AI-driven website
builder.
• GetResponse is well-known for having one of the best landing page creators
available on the web that can easily integrate with your Facebook or Google
advertising campaigns.
• Email marketing is made much more effective through their advanced data
segmentation techniques.
• GDPR compliant
Downs:
• Webinars cannot be fully white labeled.
• The new email creator doesn’t support Google AMP yet.
• You cannot attach files to your emails.
17. elink
elink is a content curation suite that helps you send out stunning, visually appealing, and
responsive email newsletters in minutes! Instead of going down the path of creating
newsletters from scratch, you can just pick a template from elink’s extensive gallery and
add the links to the content you want to share as your newsletter. elink will then
automatically convert those web links into visual blocks with a picture, title, and a short
description which can be further edited.
Even though elink does all your work for you, you can still apply a healthy dose of your
brand’s personality to your newsletter. elink has a robust editor that allows you to add
elements like images, texts, bullet lists, numbered lists, dividers, buttons, search bar,
and even social media icons in your header and footer body. You can even customize
your fonts, background colors, text colors, and more with minimal effort!
Once you’re happy with your newsletter, you can export it via Gmail, Mailchimp, or
any other 3rd party email service by simply copying and pasting the newsletter HTML
code. What’s more? You can use elink’s automation feature and save your precious time
by automating content creation for your newsletters. You can choose sources and add
filters to make your content more relevant and effective.
Ups
• Amazing plug-and-play templates to automate email marketing.
• Works seamlessly with all the major email services out there.
• Has a robust editor that allows you to add multiple elements to your
newsletter.
Downs
• None so far.
Video Marketing
18. Viewbix
Viewbix is an interactive video platform that marketers can use for improving their
video marketing strategies. The powerful video analytics makes it possible to see how
your videos are performing and get useful data to optimize videos for better viewer
engagement.
By using Viewbix, you can easily identify the sections of your videos that most viewers
find engaging. This way, it becomes possible to create meaningful content that delivers
messages to your audience effectively.
Ups
• Supports cross-platform distribution
• Viewer engagement analysis and real-time campaign optimization
• You can add links to videos
Downs
• Clunky user interface
19. VidIQ
For marketers who want to optimize YouTube videos to have a better reach, the VidIQ
software is the perfect tool. It allows you to improve the visibility of your videos and
expand your audience.
Apart from offering detailed insights for YouTube videos, VidIQ also provides metrics
that reveal audience engagement with your videos on Facebook and Twitter.
Ups
• Allows you to perform comprehensive keyword research for YouTube
videos
• Analyze competitors and discover content that is working well for them
• It’s easy to know the performance of your YouTube channel with its channel
audit feature
Downs
• Do not support integration with many popular social media platforms, like
Instagram
• High-end plans are quite expensive
The software offers a simplified pipeline view to visualize, organize, and prioritize your
deals with customers. It also has smart email features that you can use to track how
customers are interacting with your emails.
Ups
• Easy to use
• Allows team members to collaborate on sales
• Detailed analytics and sales activity reports make it easy to visualize your
sales team performance
Downs
• Suitable for startups and small businesses
• Too many features can overwhelm users
The software comes with a plethora of features, such as live chat, email templates, and
meeting scheduling, etc. that come handy while reaching and connecting with prospects.
Ups
• Responsive user interface design
• Allows you to track all your business deals
• Comes with an integrated email automation system
Downs
• Steep learning curve
22. Canva
Canva is the preferred choice for marketing teams to create visual content that can be
used in various marketing campaigns. The best thing about this tool is that it offers
professional design templates that allow you to create beautiful graphic content without
having hardcore graphic designing skills.
Whether you want to create stunning infographics that engage people with your content
or videos to help customers learn better about your product/service, Visually can help
you create a wide range of content.
Ups
• Allows you to create a wide range of content
• Comes with several advanced image editing features
• You can use free icons to make your designs more impactful
Downs
• Lack of collaborative features
Making Money on Net
Earning money has typically been associated with and restricted to traditional 'offline'
route. With the Internet taking over a large part of our lives, more people are looking to
ways to earn money online to increase their financial inflows, with secondary income
streams.
You should be mindful of the platform that you choose. While there are numerous ways
to earn money online, some of these might be fake. Also, do not expect to earn a huge
amount quickly when using online avenues to earn Money.
With a situation involving more time at home and/or more free time in general, maybe
fewer working hours for some, some of you might have some free time on hands. Here
are online platforms, websites and tools that can help you earn money online.
1. Freelancing
Freelancing has always been a popular way to earn money online and the Internet has
several options. There are several websites offering freelance tasks for people with
varying skills. All you need to do is to create an account, browse through the listings,
and apply for the task that suits you. Some websites may even require you to create a
personal listing with the details of your skillset, so that interested cli ..
But remember, you will only get paid once you successfully complete the given task
and it has been approved by your client. This may even mean revising the work
several times unless the requirements of your clients are met. Some sites may ask you
to set up a PayPal account, as most clients prefer to make payments digitally via it.
3. Affiliate marketing
Once your website is up and running, you could opt for affiliate marketing by allowing
companies to insert web links on to your site. This is like a symbiotic partnership.
When visitors to your site buy products or services by clicking on such links, you earn
out from it.
5. Virtual assistantship
Doing all the corporate stuff from one's home is what a virtual assistant (VA) does.
VAs basically work remotely with their clients and manage the aspects of their
business that they are too busy to handle themselves. When you work as a virtual
assistant, you can choose to work as an employee or you can set up your own business.
VAs are skilled, home-based professionals that offer companies, businesses, and
entrepreneurs administrative support. Some of the major areas of work includes
making phone calls, email correspondence, Internet research, data entry, scheduling
appointments, editing, writing, book keeping, marketing, blog management,
proofreading, project management, graphic design, tech support, customer service,
event planning, and social media management.
6. Language translating
Knowing a language other than English may even help you earn some extra money.
There are several websites that offer translation projects that require translating a
document from one language into another. This may include Spanish, French, Arab,
German, or any other language to or from English.
7. Online tutoring
If you are an expert in a particular subject, you can earn by tutoring people online.
Online tutoring provides a means to connect online with students of all ages, across the
country to provide homework help and tutoring in the subjects for which you have
demonstrated expertise.
11. Blogging
It starts with a hobby, interest, and passion and soon blogging becomes a career option
for many bloggers. There are a number of full-time bloggers. There are two ways to
start a blog: you can either create a blog through Wordpress or Tumblr, which requires
no investment, or go for a self-hosted blog.
In case of the latter, you will have to invest in and spend money on domain name and
server hosting space that can cost you between Rs 3,000-Rs 5,000 a year. Self-hosted
blogs have an added advantage that it allows you to customise elements and
functionality of your website. In case of the former, you need to make peace with the
tools and plug-ins made available by the service provider.
12. YouTube
If you are not comfortable in penning down your thoughts through blogs and content
writing, make use of your camera to create a video presentation. Create your YouTube
channel, upload videos and start monetising them. Choose a category or subject that
you want to make videos on and get started, but make sure it's a topic that will interest
a lot of people. Everything from cooking shows to political debates can find many
takers on YouTube. You have to create a You ..
Virtual Factory
• Virtual Factory provides the link between company’s enterprise “brain” and all
of the machines and devices on your factory floor. Machines, sensors and
operations are monitored and information is fed back to decision makers. Data
collected is saved for later recall and analysis.
• Virtual Factory will help prevent a small problem from becoming a large problem.
Virtual Factory will notify you (pager, cell phone, email) when a problem occurs
that requires immediate attention. Whether a machine breaks down or a part’s
quality suddenly worsens, the right person will be able to respond quickly and
take appropriate action.
• A virtual factory (VF) is defined as an integrated simulation model of major
subsystems in a factory, that considers the factory as a whole and provides an
advanced decision support capability. It seeks to go beyond the typical modeling
of one sub-system at a time, such as the manufacturing model, the business
process model and/or the communication network model developed individually
and in isolation.
• Its application are used to demonstrate the integration between business
processes and manufacturing system performance. Future work will move further
toward; the development of the complete virtual factory and its industry
applications.
• Virtual Factory can help trace a problem to its source. Not only can scrap counts
for each part be recorded, but scrap reasons can also be tracked automatically and
manually. You can track where on a part a defect is occurring and what process
or machine or tooling are suspect. Perhaps a certain supplier or set of tools is the
culprit.
• Virtual Factory can provide you the evidence. Below is a thermal image showing
location and frequency of defects on a part. Defects and reasons can be traced
back to tooling (e.g. casting dies).
Challenges
• The challenges facing virtual factory are inexperienced users, security, expense
control, and the level of incorporation required to create a successful virtual
factory.
Electronic Business Strategies
“…how to transform an old business design, based on the physical realities of
business-as-they have-known-it, into a new design rooted in the digital
requirements of tomorrow.” Kalakota
E-business isn’t just about defining ‘how to do a business online’, it defines ‘how to do
a business differently online’. The e-business strategy defines how.
Strategy defines the area of focus and the activities to be undertaken in order to achieve
business goals.
E-business strategy defines the approach by which applications of internal and external
electronic communications can support and influence corporate strategy.