Yashasvi - 09129801718 - PROJECT REPORT
Yashasvi - 09129801718 - PROJECT REPORT
Yashasvi - 09129801718 - PROJECT REPORT
ON
“Study of finance and data analysis in venkatadari consultants”
OBSERVATIONS
Internet is extremely dynamic and provides consumers the ability to choose among
vast range of products as per their choices and needs.
Brand awareness is the key, the more advertised the website is the better
consumer base it has.
The better the representation, the more accessible your website can be by
targeted market. Also, delivery and customer feedback keeps process in control.
As internet is accessed and represented by different set of individuals, all the data
can be extracted by a digital marketer and can be used to formulate plans for
contributing to brand image.
ACKNOWLEDGEMENT
I would like to express my gratitude and vote of thanks to
,
For her able guidance and support in completing this project.
Extending my gratitude to Venkatadari consultants Pvt. Ltd. for
providing me an opportunity where I had a lot to learn and
enhance my knowledge and ample amount of time for
practicing Digital Marketing.
I acknowledge my efforts in completing this project to be
authentic, clean and trustworthy.
ADITYA RAWAT
Table of Contents
4 EXECUTIVE SUMMARY
5 CHAPTER-1 INTRODUCTION
1.1.NEED OF THE STUDY
1.2.OBJECTIVE OF THE STUDY
1.3.SCOPE OF THE STUDY
1.4.COMPANY PROFILE
1.4.1. ABOUT THE COMPANY
1.4.2. WORKING OF COMPANY
1.4.3. VISION & MISSION
1.5.INDUSTRY PROFILE
9 CHAPTER-5 FINDINGS
10 CHAPTER-6 CONCLUSION
6.1 Conclusion.
6.2 Limitations of the Study.
11
Appendix
12
Bibliography & References
Chapter 1
INTRODUCTION
INTRODUCTION OF COMPANY
Venkatadri Consultants Private Limited is a Private incorporated on 13 November
2018. It is classified as Non-govt company and is registered at Registrar of
Companies, Hyderabad. Its authorized share capital is Rs. 500,000 and its paid up
capital is Rs. 1,000. It is inolved in Business activities n.e.c.
Venkatadri Consultants Private Limited's Annual General Meeting (AGM) was last
held on 31 December 2021 and as per records from Ministry of Corporate Affairs
(MCA), its balance sheet was last filed on 31 March 2021.
Address :–
India Address:
F-125, Basement, Vikaspuri, New Delhi-110018
China Address:
1024/F North Tower, Building B1, Fortune Mansion, 149 Xiwan Road,
Xicun Street, Liwan District, Guangzhou China
Website – Kartzapper.com
WAREHOUSING
Need a warehouse to store your goods? We provide
warehousing services at prime market locations. You can
avail various services at these select warehouse locations to
facilitate your business.
INSPECTION
We know importing products is a tough task and you are
worried if your order will reach you safe and sound.
PRODUCT SOURCING
With our 20 year experience in the industry, we know what
you exactly need and how to deliver your cargo to the
destination in a cost-efficient manner and at the time you
want.
NEGOTIATION
While you are staying in the comfort of your home, we will
deal with your selected manufacturer, supplier or dealer in
China. The negotiation process involves everything from
identifying the primary supplier to placing the order.
LOGISTICS SERVICES
We handle everything from shipping and inventory checks
to warehousing, packaging, and keeping your cargo secure.
To ensure the safety and security of the cargo we do not
employ third-party human resource.
CUSTOM CLEARANCE
Documented permissions are required for importing or
exporting goods from any country. The custom clearance
documentation is granted by the national customs authority
and declares that all the customs duties have been paid.
CONSOLIDATE SHIPPING
Buy from anywhere in China, We will consolidate your
shipment for all parcels.
Experienced professionals
Economical rates
Digital marketing's development since the 1990s and 2000s has changed the way
brands and businesses use technology for marketing. As digital platforms are
increasingly incorporated into marketing plans and everyday life, and as people use
digital devices instead of visiting physical shops, digital marketing campaigns are
becoming more prevalent and efficient.
García-Medina & Plaza Romero (2017), by proving insight that technology is rapidly
developing and will take businesses out of there comfort zone.
Fiya Fayaz, Nair Ul Nisa (2018) Online Marketing is a new way of marketing a
product/service globally to the targeted markets around the world. To understand the
benefits of online marketing in marketing field it is important to understand its effect on the
most important element of marketing that is marketing mix. Marketing is the key to success
for any organization and online marketing has evolved as an emerging trend in this field. The
main aim of this research paper is to look into the use of the online marketing in the
marketing strategies of an organization in order to provide effective communication to the
targeted population and also into the effectiveness to attract customers with means of
numerous online marketing tools. In this study, we concentrate on exploring the process of
Online marketing, in which, different activities like SEO, PPC, Affiliate Marketing, E-mail
Marketing, Social Media Marketing etc, are presented in detail to have a closer look and
better understandings of how Online marketing activities work to attract customers. Online
marketing also helps in developing and maintaining customer relationships which is
considered as an integral part for any marketing strategy. After reviewing the literature
found on Online marketing it was found that the use of online marketing tools is increasing
day by day and the firms have to adjust their businesses according to the new trends.
Anupam Banerjee (2016) stated The 7 Cs are basic pillars to understand the working and
effectiveness of digital campaigning and helping business venture to transform from basic
web based presence to a favourably prosperous e-venture. All these basic pillars are
influential in creating the overall master plan of the business venture and help them to
develop the socio economic model for the business based on the implementation of digital
content and respective marketing. By implementing internet, the entire sales process can be
executed in one format that too in an instantaneous manner. Digital marketing aware the
target customers with additional information about the product starting from its features
and feasibility which create impulse to execute the final purchase .Presently different
techniques are available to create awareness among the customers and subsequently they
have wide area of choice to select the product based on the price-feature index and likely to
make the purchase. The bases of 7Cs of e-marketing are: Contract of the online campaign:
The first and foremost rule of e-marketing is to develop and communicate the basic promise
to the target customers about the value proposition offered by the respective e-marketer.
Content of the campaign: refers to the content that will appear on the digital space, the
content material has to be decided judiciously considering the fact, the content decide the
mere browsers to possible buyers. Construction of the campaign: It is important that the
contract communicated by the e-marketer is translated into appropriate interactive
functionalities along with the web based features so that the target customers have an
overall wonderful experience which will also ensure greater participation and sales.
Community of the customers: Through proper digital space designing and creating
appropriate awareness; e-marketers can create their own set of core customers, which in
turn will act as the marketers for their website site. Concentration of consumer interest:
Through online feedback mechanism of behavioural interest of the customers, e-marketers
know, how behaviour targeting is an important aspect to know the interest of the customers
in terms of demographics pattern and apparently this information will help marketer to
come out with a product align to customer interests, also past online purchase experience
records of the customers helps marketer to come out with a better product promotion
strategy. Convergence of the promotion: With the development in broadband technology
and its appeal to the masses, e-marketing is working on a model to converge the online web
based applications with direct marketing practices which not only minimize the cost of
promotion but also increase the reach for global market. The advancement of broadband
will help to develop new ways of advertising in terms of creativity and also enhance the
features in traditional marketing practices Commerce of the campaign: The last and
important principle of e-marketing is commerce, comprises the way of offering
products/services to customers either directly or marketing those to another company on
the basis of a fee agreement, which helps them to cover the fixed costs involved like site
operations and cost of client acquisition.
Dave Chaffey (2020) stated The RACE Framework maps the online customer journey across
all potential touch points, showing the scale and opportunity of all your digital channels -
more than just 'a website' or 'a Facebook page'.
Within this framework of Reach, Act, Convert and Engage across all channels, you can
implement digital practices effectively within your organization by planning, managing and
optimizing your digital media, digital experiences and digital data.
Piñeiro-Otero & Martínez-Rolán (2016), by elucidating that the attention given to the
customer essentially has been “dethroned” by excessive focused being placed on the
product.
J. L. García, D. Lizcano, C. Ramos, N. Matos (2019) mentioned The Delphi technique
was used in this investigation. This technique is one of the research methods used for
prospective investigation. Delphi is a prospective method that is considered suitable for
analysing opinions made about any topic. These opinions must be made without any
pressure or influence from the experts that make up the group. This method means that the
results of any consensual study can be validated for the near future. The Delphi technique is
flexible and uses consensual decision-making by experts for the subject under study. This
technique uses a structured process to obtain information from a previously selected group
of experts for a range of questions that are important for the subject under research. Self-
administered individual questionnaires are presented using web tools and are added to by
spontaneous opinions and anonymous comments that can be given at any time.
Experts never exchange opinions with each other due to the risk that they may
influence each other’s responses. The Delphi technique systematizes a strategy for the
analysis of opinions and comments that can be understood as a type of group interview that
has some special characteristics. The Delphi technique is a process that questions a group of
specialists (carefully selected previously for their knowledge and professional experience)
and uses the answers from successive questionnaires to find consensus of the answers
given. The main objective of this methodology is to find a consensus of opinion for the ideas
or aims that the investigation proposes. It is interesting to note that the Delphi method,
mainly due to the small number of participants—between 6 and 30—does not produce
statistically significant results. The different stages used in the method are listed under.
Chapter 3
RESEARCH METHODOLOGY
Research methodology simply refers to the practical ‘how’ of any given piece of
research. More specifically, it’s about how a researcher systematically designs a study to
ensure valid and reliable results that address the research aims and objectives.
Primary Data- Primary data is that data which is called a fresh and for the first time
and therefore, first-hand information. For the purpose of the study, data has been
collected from the respondents through a structured questionnaire.
Secondary Data- Secondary data means that data which is already available i.e. it
refers to data which has already been collected for the first time from company
records, website and books and various digital platforms.
The types of Data Sampling used in this study are Random Sampling technique and
Convenience Sampling.
Random sampling is analogous to putting everyone's name into a hat and drawing
out several names. Each element in the population has an equal chance of occurring.
Convenience sampling is very easy to do, but it's probably the worst technique to
use. In convenience sampling, readily available data is used. That is, the first person
the surveyor runs into.
Mathematical tools used for carrying out a research are called Statistical tools. They
give meaning to the meaningless numbers, thereby breathing life into the lifeless
data of the study.
The statistical tools used for this study were Excel, Pie Charts, Bar Graphs and Tables.
For this a sample size of 10 randomly chosen people were taken and were given the
questionnaire. The filled questionnaires were further used for analysing the data
using Excel, and furthermore pie charts and tables were constructed using the data
collected in the Excel sheet. Observation of various digital platforms used by the
marketers these days were observed and further their usage was evaluated.
Focussed group discussion had 10 people who provided information regarding what
are the limitations that people face while shopping digitally.
Chapter 4
DATA ANALYSIS AND
INTERPRETATION
Data Analysis will list the data collected through questionnaires, observation
and focussed group discussions.
4.1. Questionnaire (10 randomly chosen people)
1. Do you prefer shopping online?
S. No. Answers Responses Percentage
1 Yes 7 70
2 No 3 30
Responses Responses
0 1 2 3 4 5 6 7 8
INTERPRETATION
7 out of 10 people shop virtually. 3 out of 10 do not use digital amrket to shop.
2. How often do you shop online?
S. No. Answers Responses
1 Regularly 2
2 Very Often 4
3 Often 3
4 Rarely 1
Responses Responses
Rarely Regularly
Very Often
Often Responses Often
Very Often Rarely
Regularly
0 1 2 3 4 5
INTERPRETATION
From the abpve table, it is concluded that 20% of the people regularly shop and 40%
shop very often from digital grounds.10% rarely shop and 20% often shop online.
INTERPRETATION
From the above table it is concluded that on a scale of 1 to 5 where 1 being leat
and 5 being highest, 33% people choose to shop offine.
Responses
Strongly Disagree
Disagree
Responses
Neither Agree Nor Disagree
Agree
Strongly Agree
Strongly Agree
Agree
Neither Agree Nor
Disagree
Disagree
Strongly Disagree
INTERPRETATION
Above pie chart shows that there is only 30% satisfied people whereas 10% of
the people are comepletely dissactisfied.
Responses
Websites
Applications
Social Media Ads
Advertisement Pop
Ups
Miscellaneous
INTERPRETATION
From the above pie chart we can conclude that most of the used platform by
the people to surf internet while shopping is through websites, then
applications. Whereas 20% is miscellaneous, i.e. blogging, emails, etc.
Responses
1 Very Often
2 Often
3 Rarely
INTERPRETATION
It can be concluded from the above table and pie chart that 50% of the times,
people recommend products and show products to their known. And 30% of
people often give recommendations.
Responses
1 Always
2 Very Often
3 Often
3 Rarely
INTERPRETATION
The above table and pie chart shows that more than half the population, iei.
58% of people never trust the vendors. And only 8% of the vendords can trust
the digital platforms.
Responses
Yes
Maybe
No
Rarely
INTERPRETATION
It can be concluded that 47% of the polulation fear the scams in the digital
world. 12% of the peoplepeople proves that they stay cautious. And 41% of the
responses rarely fear of such criminal activities.
Responses
Always Cautious
Mostly/Often
Rarely
INTERPRETATION
90% of the people stay cautious always while shopping virtually and 10 % often
stay cautious..
5
Received Product Isuues
4
Responses
Poor Connectivity
3
Website Issues
2
Scam
1
0 1 2 3 4 5 6 7 8
INTERPRETATION
The above table shows that 5 people faced miscellaneous issues while using
digital platform to shop. It can also be concluded that people face poor
connectivity and website issues very often. Also, scam and cyber crime is also
common to face. However, people get dissatisfaction even after purchasing
products as there were issues with thm as well.
4.2. Focussed Group Discussion
The Group Discussion concluded the limitations of Digital
Marketing and virtual shopping which are as listed in below lines:-
9 out of every 10 people shop the virtual world these days. And not even
in urban cities but remote areas are also included in the list of daily
buyers of various vendors.
Digital Marketing has served billions of satisfied customers across the
globe and the practices various companies follow, also helps the
businesses to build strategies on time if customer is unsatisfied.
Scams, cybercrimes and viruses take place over the digital platform a lot,
hence, educating the customers and giving warnings is one of the recent
practices marketers are presenting.
Over the years, blogging is very much popular across the globe with no
barrier of age groups, through blogging public can express their views
and thoughts and this particular feature of this method is been
monetized by marketers where small enterprises presenting and
marketing their ideas in minimal cost price.
Chapter 6
CONCLUSION
6.1. CONCLUSION
Digital Marketing is now the recent and the fastest promotional practice
that caught eyes of billions as it provides wide range of products to the
customers to choose from and wide range of product and for vendors to
interact with the target customers at a common platform and with
comforting surroundings. Although, virtual world engages customers
and marketers both as with the pace of technology, businesses and
customers both have acknowledged the change worldwide and it has
been the most successful as well.
Digital Marketers have constantly been and are still practicing safety
protocols of providing customers a caution less shopping experience.
Access to Internet
Still, 50% of the world does not have access to the internet and there are
many such areas where people are not even literate enough to access
the internet. This is a major limitation of internet marketing in the
current scenario.
Cyber Crimes
The thing with traditional marketing ways is that there is a trust factor,
even though the Internet is a safe medium still people prefer traditional
marketing ways over online marketing in some cases. In cases where
luxury goods are involved the internet cannot be chosen as a medium of
purchase. Take the example of a car which simply whose purchase
decision simply can't be made by getting information from a website and
will require live interaction between the consumer and the seller.
Although a website can be used to provide information regarding the
specification, a purchase decision would only be made when the seller
and the buyer meet. Customers still rely on Conventional marketing as it
is more authentic.
NAME:
NOTE: KINDLY ANSWER THE FOLLOWING QUESTIONS TRUTHFULLY