final assignment of iim internship

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The one thing you must get right when building a BRAND Module 4

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Page 1: Final Assignment of IIM Internship

The one thing you must get right when

building a BRAND

Module 4

Page 2: Final Assignment of IIM Internship
Page 3: Final Assignment of IIM Internship

Most companies

have cottoned on to social

media as tools for

engagement and

collaboration

Page 4: Final Assignment of IIM Internship

The companies are exploiting the many opportunities presented by

social media while keeping

an unwavering eye on the brand promise.

Page 5: Final Assignment of IIM Internship

Ford - Fiesta Movement

American Express - OPEN Forum

Procter & Gamble - Beinggirl.com

Page 6: Final Assignment of IIM Internship

Social media can boost awareness of brand, trial,

and ultimately sales, especially when a campaign

goes viral.

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But most importantly social media provides rich, unmediated customer

insights, faster than ever before.

Page 8: Final Assignment of IIM Internship

Enhance the Marketing

playbook rather than rewriting it

Page 9: Final Assignment of IIM Internship

great brands share four fundamental qualities:

Communicate

clear

customer

Promise

Build Trust Continual

Improvement

Innovation

Beyond the

Familiar

Page 10: Final Assignment of IIM Internship

THE VIRGIN ATLANTIC AIRWAYS

MODEL

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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

Page 12: Final Assignment of IIM Internship

Build Trust

Service delivery

Websites - up to date and accurate

“Rapid response” solutions Via Twitter Facebook

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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

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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”

Page 15: Final Assignment of IIM Internship

Many companies

in India have

realised the importance of

social media in Brand establishment

Module 3

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We see flipkart

promotions everywhere.

They actively participate

in social media

marketing and have

successfully engaged a

major chunk of loyal

Indian customers.

Page 17: Final Assignment of IIM Internship

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.

Page 18: Final Assignment of IIM Internship

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.

Page 19: Final Assignment of IIM Internship

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.

Page 20: Final Assignment of IIM Internship

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.

Page 21: Final Assignment of IIM Internship

Marketing teams of corporate brands are

constantly at war with each other

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Even Political Organisations and

Leaders have noticed the influence of

social media on people and have started

using it as an asset

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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

Page 24: Final Assignment of IIM Internship

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

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Some theoretical

concepts inspired from

“Kotler”

Module 2

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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.

Page 27: Final Assignment of IIM Internship

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

Page 28: Final Assignment of IIM Internship

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

Page 29: Final Assignment of IIM Internship

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

Page 30: Final Assignment of IIM Internship

Customer Database

Social media is a gold mine of

information. It helps in deciding

offers for different

customers. and thus deepen customer

loyalty.

Page 31: Final Assignment of IIM Internship

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.

Page 32: Final Assignment of IIM Internship

tips to create Outstanding

presentation

Module 1

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Plan Analog

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Be Simple

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Use Emotions

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Have A Killer Opening Slide

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Use high quality and relevant images

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Incorporate interesting fonts

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Be Creative

Do old things in New way

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Use Story telling to make your stories stick

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Give An Awesome Delivery

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thank you

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Disclaimer

Created by Kartik Singla, Thapar University,

during an internship by Prof. Sameer Mathur,

IIM Lucknow.

www.IIMInternship.com