final assignment of iim internship
TRANSCRIPT
The one thing you must get right when
building a BRAND
Module 4
Most companies
have cottoned on to social
media as tools for
engagement and
collaboration
The companies are exploiting the many opportunities presented by
social media while keeping
an unwavering eye on the brand promise.
Ford - Fiesta Movement
American Express - OPEN Forum
Procter & Gamble - Beinggirl.com
Social media can boost awareness of brand, trial,
and ultimately sales, especially when a campaign
goes viral.
But most importantly social media provides rich, unmediated customer
insights, faster than ever before.
Enhance the Marketing
playbook rather than rewriting it
great brands share four fundamental qualities:
Communicate
clear
customer
Promise
Build Trust Continual
Improvement
Innovation
Beyond the
Familiar
THE VIRGIN ATLANTIC AIRWAYS
MODEL
Communicate Clear Customer Promise.
VAA uses social media to check that the brand promise is both understood and relevant
They learn what people are saying in call centres, websites, and public opinion.
Keep all its social media activities true to and in support of the brand values
Build Trust
Service delivery
Websites - up to date and accurate
“Rapid response” solutions Via Twitter Facebook
Continual Improvement
Customer Complaints
Travel Blogs . The most-read section of Virgin Atlantic’s Facebook page includes travel tips from crew members
VAA Arranged taxi sharing for passengers of same flight
Innovation Beyond the Familiar
Flight tracker (real-time Aircraft positions) and VVA iPhone app
Facebook Flight Status App (first for any airline)
Flight Club Flight Entertainment systems @ “Premium Economy Class”
Many companies
in India have
realised the importance of
social media in Brand establishment
Module 3
We see flipkart
promotions everywhere.
They actively participate
in social media
marketing and have
successfully engaged a
major chunk of loyal
Indian customers.
It created a quiz for
football fans during
world cup 2014. Only
Indians could participate
in this contest and were
required to follow coffee
café day on twitter and
use #CCDfootballquiz.
Tata Nano launched a
social media campaign,
geared towards the
youth. It consisted of
youth centric pictures and
slogans. The campaign
was a hit as it
successfully reached to
its target audience and
the objectives of the
campaign were fulfilled.
They engaged in a lot of
social media activities
during the time when the
‘Mahabharata’ series was
launched. The author of the
series, mr. Devdutt Paitnaik
was engaged in a twitter
chat with the followers of
the channel. Also, there
was a social media game
based on the series.
OnePlus’ marketing
strategy was so effective
that they managed to
grab the word’s attention,
as traffic to the product’s
website comes from all
corners of the globe.
Marketing teams of corporate brands are
constantly at war with each other
Even Political Organisations and
Leaders have noticed the influence of
social media on people and have started
using it as an asset
Narendra Modi’s twitter account is among most followed accounts on twitter. He has successfully used social media in each and every campaign he initiated. For example: #SwachhBharatAbhiyan #SelfieWithDaughter #YogaDay #AcheDin
Narendra Modi Prime Minister of India
Smt. Sushma Swaraj (Minister of External Affairs of India)
She is widely popular for her very active twitter account and frequently addresses the grievance's of people on social media
Some theoretical
concepts inspired from
“Kotler”
Module 2
Customer relationship management
Social Media promotes Customer empowerment thus fulfilling purpose of CRM. It helps to make the brand relevant to customers.
Approach to managing a company's Interactions
with current and future customers.
Marketing Intelligence System
It systematically gathers and processes critical
Business Information for marketing decisions.
Social Media is a great source for MIS.
Customer reviews and expert opinions
on public blogs
Market segmentation
It involves Dividing a broad target market into
subsets of consumers and then designing and implementing strategies to target them.
Social Media marketing campaigns are generally designed for particular segments
Brand Equity
The commercial value that derives from consumer
Perception of the brand name of a particular
product rather than from the product itself.
SM provides a simpler path to establish brand equity of some brand. Brands considerate to customers feedback on social media are liked by consumers
Customer Database
Social media is a gold mine of
information. It helps in deciding
offers for different
customers. and thus deepen customer
loyalty.
Post purchase Actions
Online reviews play an important role in Post
purchase Actions
of a customer, making the customer feel delighted
or disappointed from the purchase!!
Post-Purchase Behaviour is the stage of the Buyer Decision
Process when a consumer will take additional action,
based purely on their satisfaction or dissatisfaction.
tips to create Outstanding
presentation
Module 1
Plan Analog
Be Simple
Use Emotions
Have A Killer Opening Slide
Use high quality and relevant images
Incorporate interesting fonts
Be Creative
Do old things in New way
Use Story telling to make your stories stick
Give An Awesome Delivery
thank you
Disclaimer
Created by Kartik Singla, Thapar University,
during an internship by Prof. Sameer Mathur,
IIM Lucknow.
www.IIMInternship.com