Beruflich Dokumente
Kultur Dokumente
Summer Training
On
STP OF WEBSITE
Prepared by
Suman Chatterjee
MBA (2008-2010)
Roll No: B/08/74
Reg. No: 0806281090
DECLARATION
Suman Chatterjee
ACKNOWLEDGEMENT
I would like to heart fully acknowledge my gratitude and thanks to all the panelists who
took active part in accomplishing my project.
Suman Chatterjee
ABSTRACT
To find out the market segment in which there may be demand for the service in near
future?
Major findings:
A direct analysis proves that a great percentage of people are aware of websites but
people’s perception about this is not to the expectation.
It is seen that a higher class people prefer website designing and website creation as it
creates a status level to their organization and fastest way to reach the customers.
It is also seen that SME’s are now preferring website creation & designing
It is also found that people are still very reluctant to accept modernism and like to
continue with the conventional methodology of advertising.
Many people from higher class also interested in creating personal website to create a
higher status in the society.
The service is not present in all the sectors significantly. So there is plenty of opportunity
for the website companies.
Many organizations are present in the market but most of them are franchise or
branches. So there much difficulty arises regarding website survey.
There are many potential customers are there in the market. So the website companies
can establish their market in Cuttack.
Many of the customers didn’t know the concept & benefits of website. So the major
thing is to provide information and logic behind the website service.
Many wrong interpretations are there in the market like website fraud, spam, and
greater influence of IT sector over website service. These wrong interpretations should
diminished by every website companies.
CONTENTS
Certificate
Declaration
Acknowledgement
Abstract
4.1 CONCLUSION
CHAPTER - 4 4.2 RECOMMENDATION
APPENDICES Questionnaires
Bibliography
CHAPTER -1
INTRODUCTION
1.1 COMPANY
iLEX is a professional services firm that helps companies to leverage strategy, analytics
and technology to make better decisions. We specialize in identifying high impact problems and
opportunities where we can generate quick results, creating immediate and lasting value.
We use our strong base of research, analytical thinking and endless pursuit for creativity
and innovation, to develop solutions for our clients.
Industry Structure
Regulatory & Policy Environment
Demand & Supply Dynamics
Competition Analysis
Risk & Financial Analysis
Strategic Implication & Outlook
The Advisory team from iLEX works with Industry Associations, Government agencies,
Advisory firms and corporate to provide solutions to sector specific, business driven, and
company specific research questions. iLEX deploys an integrated analysis framework built on
the triad of economic research, financial analysis and sector expertise, and employs primary &
secondary sources to substantiate and validate the research hypothesis. The broad areas under
Customized Research Solutions are:
The SME Advisory Services (SMEAS) leverages iLEX longstanding experience of working
with SMEAS to provide them an integrated solution offering. SMEAS provides assistance to SME
businesses across their life cycle - from the point of idea generation to facilitating funding for
new products, and for businesses and related or unrelated business diversifications.
University Affiliation
New course launch
Course feasibility Study
Process Improvement
Corporate relationship Management
Vision Development
Alumni Development Program
Admissions/ Enrollment Management Studies
Awareness and Image Studies
Research Services
As the higher education market becomes more complex and more competitive, colleges
and universities have an increasing need for current, in-depth information about their
stakeholders and students. iLEX offers a variety of research solutions that can help institutions
of higher education develop plans and programs which respond to student needs, position
themselves to attract the students they want, and to keep graduates as active alumni.
We provide comprehensive, easy-to-use research and educational solutions to power high-
end research, K-12 learning, and increase student achievement at all levels.
iLEX creates innovative ideas, builds brand names around it, and manages the platforms
enabling entertainment, information, trading opportunities around them. We work towards
building communities and enhancing participation opportunities in various mediums of
communication. The guiding principles in our ideas revolve around following factors;
Dr Sanjay Seth
Dr Sanjay is an Associate Professor at the Graduate School of Business Science, Tsukuba
University besides doing MR consulting support work for research agencies around the world.
He has vast experience in the area of customer loyalty related modeling for American financial
companies, auto makers etc.
C Sendil Meiyappan
Sendil has earlier worked in Business Consulting with Deutsche Post World Net in
Germany. Prior to his Post Graduation, he had worked for 3.5 years with Henkel-Spic India Ltd
in Brand Management and Supply Chain.
Sendil holds a Bachelors degree in Commerce & a Post graduate Diploma in Marketing
Management from Loyola college, Chennai and did his MBA from SDA Bocconi School of
Management, Milan, Italy
Management Team
Sanjay Jadhav
Sanjay brings experience of 16 years in corporate Companies in Institutional design,
Public Policy. He has expertise in taxes, Economics of Infrastructure/ Service Industry.
Sanjay is B Tech (Mechanical Engineering) from IIT-Bombay and MBA (Operations
Management) from IIT- Kanpur.
Sumit Kanu
Sumit has consulting experience with Indian/ international corporate houses like in the
field of concept planning, retail roll outs, organizational structure planning, consumer/market
research and business development.
Sumit is B.E. (Industrial and Production Engineering) from Delhi College of Engineering.
Manish Prasad
Manish has advised several large financial services clients in USA. His primary
areas of expertise are IT infrastructure strategy and management of corporate IT functions.
Manish holds a B.E. in Electronics Engineering from the Delhi College of Engineering,
India and an MBA from the Wright State University, USA.
Products
Vaktvya
Vaktvya serves the online data collection needs of the
companies in various industries and help companies by
gathering consumer feedback. With Vaktvya we provide
consumers with the ability to voice their opinions by
participating in online research surveys and focus groups.
We also provide Industry Sector Insights and Innovative Research Solutions to many leading
companies across the world.
For more details<www.vaktvya.com>
I-Network
I-Network empowers organizations to increase their employee
engagements and customer loyalty by providing result oriented
instruments. It provides an integrated human resource solution
for the companies.
We use I-Network to provide our client companies with the data
to enhance organizational effectiveness.
For more details<<i-network.vaktvya.com>>
Nri Voice
This networking and communication application offers a platform
to Nri’s to voice their opinion and concerns regarding Indian
scenarios. Ilex team conceptualized, developed and deployed the
technology interface for its client.
Gyantaru
Gyantaru is an integrated platform that offers the best e-learning
contents, quality teachers, flexible quizzes and innovative study
groups at just one place. For more details<www.gyantaru.com>
Partners
Ilex has been fortunate to associate itself with various eminent bodies of great repute
and credibility at such a nascent stage of inception. We constantly endeavor to strive hard in
shaping a better future.
• Bharat Shodh
• ICHA
• Leaff Foundation
• Golden Arch
• Skill Development Alliance
• Citizen’s commission
Clients
• Bharat Shodh
• National Rainfed Area Authority
• Educomp Solutions Ltd
• MDI Gurgaon
• Indian Confederation of Healthcare Accreditation
• Pragya Educom
• Government of Uttarakhand
• Boss Group (Poland)
• Indian News Feature Agency(A PIB Member)
• Golden Arch International
Contact Details
Corporate Office Overseas Offices
2nd floor, A-66 USA
Sector 65, Noida 56 Hillcrest Street
Uttar Pradesh 201307 Waltham, MA 02451
Ph- 0120 4232516 Contact Number
Email: contact@vaktvya.com +1-937-232-2669
The market for any product is normally made up of several segments. A ‘market’ after
all is the aggregate of consumers of a given product. And, consumer (the end user), who makes
a market, are of varying characteristics and buying behavior. There are different factors
contributing for varying mind set of consumers. It is thus natural that many differing segments
occur within a market.
In order to capture this heterogeneous market for any product, marketers usually divide
or disintegrate the market into a number of sub-markets/segments and the process is known as
market segmentation.
Thus we can say that market segmentation is the segmentation of markets into homogenous
groups of customers, each of them reacting differently to promotion, communication, pricing
and other variables of the marketing mix. Market segments should be formed in that way that
difference between buyers within each segment is as small as possible. Thus, every segment
can be addressed with an individually targeted marketing mix.
The importance of market segmentation results from the fact that the buyers of a
product or a service are no homogenous group. Actually, every buyer has individual needs,
preferences, resources and behaviors. Since it is virtually impossible to cater for every
customer’s individual characteristics, marketers group customers to market segments by
variables they have in common. These common characteristics allow developing a standardized
marketing mix for all customers in this segment.
Through segmentation, the marketer can look at the differences among the customer groups
and decide on appropriate strategies/offers for each group. This is precisely why some
marketing gurus/experts have described segmentation as a strategy of dividing the markets for
conquering them.
When it comes to marketing strategies, most people spontaneously think about the 4P
(Product, Price, Place, Promotion) – Maybe extended by three more Ps for marketing services
(People, Processes, Physical Evidence). Market segmentation and the identification of target
markets, however, are an important element of each marketing strategy. They are the basis for
determining any particular marketing mix. Basic steps in marketing strategy are as follows:-
Market segmentation is resorted to for achieving certain practical purpose. For example,
it has to be useful in developing and implementing effective and practical marketing
programmes. For this to happen, the segments arrived at must meet certain criteria such:-
c) Sizeable: The segments should be sufficiently large to justify the resources required to
target them. A very small segment may not serve commercial exploitation.
d) Profitable: There is no use in locating segments that are sizeable but not profitable.
e) Unique needs: To justify separate offerings, the segments must respond differently to
the different marketing mixes.
f) Durable: The segments should be relatively stable to minimize the cost of frequent
changes.
g) Measurable: The potential of the segments as well as the effect of a specific marketing
mix on them should be measurable.
Markets can be segmented using several relevant bases. There is huge number of
variables which leads to market segmentation. They comprise easy to determine demographic
factors as well as variables on user behavior or customer preferences. Segmentation is done for
consumer market and industrial market.
1. Geographic Segmentation:
2. Demographic Segmentation:
3. Psychographic Segmentation:
• Attitudes. • Values.
4. Behaviouralistic Segmentation:
1. Helps distinguish one customer group from another within a given market.
5. Helps crystallize the needs of the target buyers and elicit more predictable responses
from them; helps develop marketing programmes on a more predictable base; helps
develop market offer that are most suited to each group.
8. Helps concentrate efforts on the most productive and profitable segment, instead of
frittering them over irrelevant, or unproductive, or unprofitable segment.
9. Helps spot the less satisfied segments and succeed by satisfying such segments.
10. Brings benefits not only to the marketer but also to the customer as well.
11. When segmentation attains high sophistication, customers and companies can choose
each other and stay together.
MARKET TARGETING
INTRODUCTION
There was a time when finding the best customers were like throwing darts in the dark.
Target marketing changed all that...Today's savvy marketers know that finding their best
prospects and customers hinges on well thought out targeted marketing strategies.
Defining a target market requires market segmentation, the process of pulling apart the
entire market as a whole and separating it into manageable, disparate units based on
demographics. Target market is a business term meaning the market segment to which a
particular good or service is marketed. It is mainly defined by age, gender, geography, socio-
economic grouping, or any other combination of demographics. It is generally studied and
mapped by an organization through lists and reports containing demographic information that
may have an effect on the marketing of key products or services.
Target Marketing involves breaking a market into segments and then concentrating your
marketing efforts on one or a few key segments. Target marketing can be the key to a small
business’s success.
The beauty of target marketing is that it makes the promotion, pricing and distribution
of your products and/or services easier and more cost-effective. Target marketing provides a
focus to all of your marketing activities.
Market targeting simply means choosing one’s target market. It needs to be clarified at
the onset that marketing targeting is not synonymous with market segmentation.
Segmentation is actually the prelude to target market selection. One has to carry out several
tasks beside segmentation before choosing the target market.
Through segmentation, a firm divides the market into many segments. But all these
segments need not form its target market. Target market signifies only those segments that it
wants to adopt as its market. A selection is thus involved in it.
In choosing target market, a firm basically carries out an evaluation of the various
segments and selects those segments that are most appropriate to it. As we know that the
segments must be relevant, accessible, sizable and profitable. The evaluation of the different
segments has to be actually based on these criteria and only on the basis of such an evaluation
should the target segments be selected.
Choosing the target market is related to, but not synonymous with, market
segmentation.
Segmentation is the means or the tool; choosing the target market is the purpose.
Segmentation can also be viewed as the prelude to target market selection.
Choosing the target market usually follows multi-level segmentation using different
bases.
Choosing the target market involves several other tasks in addition to segmentation.
Looking at each segment as a distinct marketing opportunity.
Evaluating the worth of each segment (sales/profit potential).
Evaluating whether the segment is:
• Distinguishable.
• Measurable.
• Sizable.
• Accessible.
• Growing.
• Profitable.
• Compatible with the firm’s resources.
Examining whether it is better to choose the whole market, or the only a few segment,
and deciding which ones should be chosen.
Looking for segments, which are relatively less satisfied by the current offers in the
market from competing brands?
Checking out if the firm has the differential advantage / distinctive capability for serving
the selected segments.
Evaluating the firm’s resources and checking whether it is possible to put in the
marketing programmes required for capturing the spotted segments with those
resources.
Finally selecting those segments that are most appropriate for the firm.
Target marketing tailors a marketing mix for one or more segments identified by market
segmentation. Target marketing contrasts with mass marketing, which offers a single product
to the entire market.
Two important factors to consider when selecting a target market segment are the
attractiveness of the segment and the fit between the segment and the firm's objectives,
resources, and capabilities.
There are several different target-market strategies that may be followed. Targeting
strategies usually can be categorized as one of the following:
Single-segment strategy
Selective specialization
Product specialization
Market specialization
Full market coverage
Market maturity.
Diversity of buyers' needs and preferences.
Strength of the competition.
The volume of sales required for profitability.
After selecting the target market it is important for marketers to decide the size of the
target market. Is the target market large enough to sustain a business which will provide
products or services to them? A target market has to be of at least a minimum size to be viable.
Suppose a firm chooses food processing and food packaging as its target market. In fact, they
might be too large, and it might be wise to find a niche within those target markets. Therefore,
the firm must then focus on a particular type of food market, such as a food production firm
who wants to package its products for selling. Thus by targeting its product for its targeted
market, the firm can decide its size on the basis of it.
POSITIONING
INTRODUCTION
Positioning is a concept in marketing which was first popularized by Al Ries and Jack
Trout in their bestseller book “Positioning – a battle for your mind". According to them
‘Positioning is what you do to mind of the prospect’. They iterate that any brand is valued by
the perception it carries in the prospect or customer's mind. Each brand has thus to be
'Positioned' in a particular class or segment. Example: Mercedes is positioned for luxury
segment, Volvo is positioned for safety.
The position of a product is the sum of those attributes normally ascribed to it by the
consumers – its standing, its quality, the type of people who use it, its strengths, its
weaknesses, any other unusual or memorable characteristics it may possess, its price and the
value it represents.
Although there are different definitions of Positioning, probably the most common is: "A
product's position is how potential buyers see the product", and is expressed relative to the
position of competitors. Positioning is a platform for the brand. It facilitates the brand to get
through to the mind of the target consumer.
The position of the brand has thus to be carefully maintained and managed. Example:
when Malboro cut down its prices, its sales dropped immediately, as it began being associated
with the generic segment. Watches like Rolex are positioned as luxury segment watches, thus
they being one of the most expensive have become a symbol for accomplishment in life. If
Rolex reduces its prices, it loses its perceived image and hence is in danger of losing its
customers. This differs slightly from the context in which the term was first published in 1969
by Al Ries and Jack Trout in the paper Positioning" is a game people play in today’s me-too
market place" in the publication.
POSITIONING CONCEPTS
Functional positions
Solve problems.
Provide benefits to customers.
Get favorable perception by investors (stock profile) and lenders.
Symbolic positions
Self-image enhancement.
Ego identification.
Belongingness and social meaningfulness.
Affective fulfillment.
Experiential positions
Economy
Benefit
Gender
Luxury and exclusiveness
Fashion for elite class
Technology and value added features
Dibb et al recommend the following steps for determining and implementing the
positioning of a product. Although they focus on new product development, these steps are
applicable to a relaunch with new features or for a repositioning of an existing product too.
Understand what the target consumers expect and believe to be the most important
considerations when deciding on the purchase.
Develop a product (or products) that cater specifically for these needs and expectations.
Evaluate the market leader’s position; leading brand that occupies a special position in
the consumer‘s mind (Cadbury’s in chocolates); other brands have to necessary relate
themselves in some way to the leaders position; they cannot ignore the position of the
leader, nor wish it away.
Select an image that sets the product apart from the competing products, thus ensuring
that the chosen image matches the aspirations of the target customers.
Clarity: - While positioning its brand the firm must be able to position itself in both
distinct value, proposition, and to its target audience.
Credibility: - The firm must deliver trustworthy and believable value proposition. There
should be perfect match between promise and action.
1.3 Website
A website (or web site) is a collection of related web pages, images, videos or other
digital assets that are addressed with a common domain name or IP address in an Internet
Protocol-based network. A web site is hosted on at least one web server, accessible via the
Internet or a private local area network.
A web page is a document, typically written in plain text interspersed with formatting
instructions of Hypertext Markup Language (HTML, XHTML). A web page may incorporate
elements from other web sites with suitable markup anchors.
Web pages are accessed and transported with the Hypertext Transfer Protocol (HTTP), which
may optionally employ encryption (HTTP Secure, HTTPS) to provide security and privacy for the
user of the web page content. The user's application, often a web browser, renders the page
content according to its HTML markup instructions onto a display terminal.
The pages of a web site can usually be accessed from a simple Uniform Resource Locator
(URL) called the homepage. The URLs of the pages organize them into a hierarchy, although
hyper linking between them conveys the reader's perceived site structure and guides the
reader's navigation of the site.
Some web sites require a subscription to access some or all of their content. Examples
of subscription sites include many business sites, parts of many news sites, academic journal
sites, gaming sites, message boards, web-based e-mail, services, social networking web sites,
and sites providing real-time stock market data.
History
The World Wide Web was created in 1990 by CERN engineer Tim Berners-Lee. On 30 April 1993,
CERN announced that the World Wide Web would be free to use for anyone.
Before the introduction of HTML and HTTP other protocols such as file transfer protocol and
the gopher protocol were used to retrieve individual files from a server. These protocols offer a
simple directory structure which the user navigates and chooses files to download. Documents
were most often presented as plain text files without formatting or were encoded in word
processor formats.
Overview
Website styles
Static website
A static website is one that has web pages stored on the server in the format that is sent
to a client web browser. It is primarily coded in Hypertext Markup Language (HTML).
Simple forms or marketing examples of websites, such as classic website, a five-page
website or a brochure website are often static websites, because they present pre-defined,
static information to the user. This may include information about a company and its products
and services via text, photos, Flash animation, audio/video and interactive menus and
navigation.
This type of website usually displays the same information to all visitors. Similar to
handing out a printed brochure to customers or clients, a static website will generally provide
consistent, standard information for an extended period of time. Although the website owner
may make updates periodically, it is a manual process to edit the text, photos and other
content and may require basic website design skills and software.
In summary, visitors are not able to control what information they receive via a static website,
and must instead settle for whatever content the website owner has decided to offer at that
time.
Text editors, such as Notepad or Text Edit, where content and HTML markup are
manipulated directly within the editor program
WYSIWYG offline editors, such as Microsoft FrontPage and Adobe Dreamweaver
(previously Macromedia Dreamweaver), with which the site is edited using a GUI
interface and the final HTML markup is generated automatically by the editor software
WYSIWYG online editors, where any media rich online presentation like websites,
widgets, intro, blogs etc. are created on a flash based platform
Template-based editors, such as Rapid weaver and i-web, which allow users to quickly
create and upload websites to a web server without having to know anything about
HTML, as they just pick a suitable template from a palette and add pictures and text to it
in a DTP-like fashion without ever having to see any HTML code
Dynamic website
Software systems
There are a wide range of software systems, such as Java Server Pages (JSP), the PHP
and Perl programming languages, Active Server Pages (ASP), YUMA and Cold Fusion (CFM) that
are available to generate dynamic web systems and dynamic sites. Sites may also include
content that is retrieved from one or more databases or by using XML-based technologies such
as RSS.
Static contentmay also be dynamically generated either periodically, or if certain
conditions for regeneration occur (cached) in order to avoid the performance loss of initiating
the dynamic engine on a per-user or per-connection basis.
Plug ins are available to expand the features and abilities of web browsers, which use them to
show active content, such as Flash, Shockwave or applets written in Java. Dynamic HTML also
provides for user interactivity and real-time element updating within web pages (i.e., pages
don't have to be loaded or reloaded to effect any changes), mainly using the DOM and
JavaScript, support which is built-in to most modern web browsers.
Turning a website into an income source is a common practice for web developers and
website owners. There are several methods for creating a website business which fall into two
broad categories, as defined below.
Content-based sites
Some websites derive revenue by offering products or services for sale. In the case of e-
commerce websites, the products or services may be purchased at the website itself, by
entering credit card or other payment information into a payment form on the site. While most
business websites serve as a shop window for existing brick and mortar businesses, it is
increasingly the case that some websites are businesses in their own right; that is, the products
they offer are only available for purchase on the web.
Websites occasionally derive income from a combination of these two practices. For
example, a website such as an online auctions website may charge the users of its auction
service to list an auction, but also display third-party advertisements on the site, from which it
derives further income.
Types of websites
There are many varieties of websites, each specializing in a particular type of content or use,
and they may be arbitrarily classified in any number of ways. A few such classifications might
include;
Some websites may be included in one or more of these categories. For example, a
business website may promote the business's products, but may also host informative
documents, such as white papers. There are also numerous sub-categories to the ones listed
above. For example, a porn site is a specific type of e-Commerce site or business site (that is, it
is trying to sell memberships for access to its site). A fan site may be a dedication from the
owner to a particular celebrity.
Websites are constrained by architectural limits (e.g., the computing power dedicated
to the website). Very large websites, such as Yahoo!, Microsoft, and Google employ many
servers and load balancing equipment such as Cisco Content Services Switches to distribute
visitor loads over multiple computers at multiple locations.
In February 2009, Net craft, an Internet monitoring company that has tracked Web
growth since 1995, reported that there were 215,675,903 websites with domain names and
content on them in 2009, compared to just 18,000 websites in August 1995.
Objective:
Scope:
This study was conducted to find out the segmentation, targeting & positioning of
website in respect of iLEX, so the scope of this study is very wide.
Limitations:
Website as a service are still new in the market and yet to get its acceptance globally.
People are Lack of interest and enthusiastic responses may have allowed biases in this report.
Test of sampling error could not be done due to the absence of data regarding the total
population size. Correctness of this report is restricted and limited by the degree of authenticity
of data collected and sincerity and honesty of respondents.
CHAPTER -2
METHODOLOGY
The methodology adopted to accomplish this project was in accordance with the topic
assigned. The study was based on data collected mainly from primary as well as secondary
sources. Descriptive research methodology was adopted for
the purpose of study.
This study was conducted in two parts and accordingly questionnaires are also set
categorically:
The method adopted for developing the above mentioned questionnaires followed the
following sequential order:
The questionnaires were prepared in consultation with the Company guide as well as the
institutional guide.
Before implementing the questionnaires in the field, it was pre-tested to avoid any
ambiguous questions and to see the effectiveness of the questionnaires. For this reason a pilot
survey with 10 consumers was conducted. After Pre-Testing it was found that, few questions
were not apprehend able by the respondents; these were accordingly redesigned and revised
so as to make them more understandable. Finally the questionnaires were printed and used in
collecting responses for the survey.
SAMPLING PLAN
SAMPLING METHOD:
Stratified random sampling was done for each of the specified category mentioned above, so as
to ensure that the sampling represents all sections of users as well as non users.
The data was collected mostly from primary sources. During the period (1-06-2009 to
15-07-2009) the survey was conducted in CUTTACK.
During the period of this study I got the responsibility to give demonstrations to
consumers and thus I got the opportunity to talk to the consumers directly and check their
awareness level about website. During my interactions with the consumers I always tried my
best to make them understand that how working of an organization can be well developed &
how it affects the life business and tried to reveal various relative advantages of website.
CHAPTER-3
The actual fact seen in the process of executing this project was a social, behavioral,
psychographic & economic segmented reason.
The area, Cuttack, under persistent development is really lagging behind in its social &
behavioral potentials. A lay back attitude or perhaps a life not harnessed by restricted
Professionalism has been a curse to bridge such gap, a benedicts aroused with the
psychological variances of people. The mass may seem to adapt changes, yet the nominal value
of their thoughts & ideologies if given a priority also would be seen that the social status may
have improvised but the behavioral patterns would not coordinate with the rest of parameters.
SURVEY METHOD
Personal Interviewing -
1) Mall Intercept.
2) Computer Assisted.
The entire project has been divided into 7 different parts. They are written as follows;
1. Small Scale Industry.
2. Large Scale Industry.
3. Hospitals.
4. Institutions.
5. Government Organizations.
6. Builders & Promoters.
7. Builders & Promoters
Again these 7 parts are further divided in two parts by considering two criteria. These are;
For the different categories of respondents mentioned above, different set of questionnaires
has been designed and as such the analysis of each segment is formulated differently, such as –
CHAPTER – 3
Through this chat it is clear that the over 50% of Small & Medium industries,
Large scale industries, Hospitals, Institutions, Government Organizations, Real estate
are having websites. So there is opportunity for website developers to establish their
market. For that company have to treat 2 segments to whom the company have to treat
differently. For example who having website, for them less awareness is required & for
the companies who are not having website more awareness is required.
Here 'a' refers to yes, 'b' refers to not fully known, 'c' refers to less known, 'd'
refers to no. Through this graph an attempt was made to gauge the awareness level of
website among respondents of different sectors. As we can see that all the sectors have
sound knowledge of website but it is not 100%.
Through this analysis we can know the most effective media for creating the
awareness of website. In this chart ‘a’ refers to print media, ‘b’ refers to internet, ‘c’
refers to friends & relatives, ‘d’ refers to others. It is clear that for SMI, LSI, Hospitals &
garment & Jewelry, friends & relative is most effective media for creating awareness of
website. So the company should position the service through these channels in
segment wise.
As sectors are different so the quantity of need is also different. It is sure that there is need for
website. It is the way of operation of work that affects the need of website. Here ‘a’ refers to
advertising, ‘b’ refers to consume less time, ‘c’ refers to to globalize the network and ‘d’ refers to others.
So the company target each segment in a different manner as needs are different.
It is a graph that shows who like website & who doesn’t like. It may be due less satisfaction of
service provided by concerned website developers. So each company should look after it. Because
website business mainly depends on after sales service. In this chart ‘a’ refers to yes & ‘b’ refers to no.
Here ‘a’ refers to HTML, ‘b’ refers to Flash, ‘c’ refers to Both and ‘d’ refers to Other. In this case
SMI, Jewelry & Garment has higher demand of HTML website. Whereas LSI, Hospitals, real estate, travel
agency has higher demand of flash website. And other segment have a demand both flash & HTML
website.
The most effective reason behind hesitation of having website are website is expensive and
other is service is bad. So the company has a opportunity to establish their market as a good service
provider of website. Here ‘a’ refers to after sale service is bad, ‘b’ refers to expensive, ‘c’ refers to can’t
say and ‘d’ refers to website is not required.
In Cuttack the popularity of website differs from sector to sector. In this analysis major website
developers taken into consideration. Here ‘a’ refers to Versatile IT services, ‘b’ refers to Softweb
technologyy,’c’ refers to iLEX Media Solution, ‘d’ refers to None. In this graph it is clear that website
developers in Cuttack are less popular than others who are present in other state.
Here ‘a’ refers to yes, ‘b’ refers to Not fully known, ‘c’ refers to Less known, ‘d’ refers to No. In
this chart it is clear that those who don’t have website most of them are not aware of website & those
who know, knowledge is less. So there is opportunity to increase the awareness level of website in every
segment of market so that at least they can know how much important is this for their business.
Therefore through this they can increase the demand of website in different segments.
Through this analysis we can know the most effective media for creating the
awareness of website. In this chart ‘a’ refers to print media, ‘b’ refers to internet, ‘c’
refers to friends & relatives, ‘d’ refers to others. It is clear that for SMI, LSI, Hospitals &
garment & Jewelry, friends & relative is most effective media for targeting & positioning
of website service in each segment.
In this chart ‘a’ refers to Not aware of website, ‘b’ refers to Afraid of hacking,
spam’s etc, ‘c’ refers to Expensive, ‘d’ refers to others. Through this chart it is clear that
major reason behind not having website is their less awareness level of website. Beside
this there is another reason is that it is expensive. It is true website is expensive if the
service taken for short period. But the website service is for long period. So long range
of period it can be acceptable and cheaper than other communication media.
Here 'a' refers to In near future, 'b' refers to Within 3 to 4 months, 'c' refers to Not
now, 'd' refers to No. In this chart it is clear that there is less people who don’t like to
have website. But opportunity is there for website developers to create their market.
Because there is more than 95% customers are ready for having website. Some are like
to have later but if website companies increase the awareness in the market then the
customers hesitate to do have website, they are more attracted do website and that
leads to effective positioning of the website service.
In Cuttack the popularity of website differs from sector to sector. In this analysis
major website developers taken into consideration. Here ‘a’ refers to Versatile IT
services, ‘b’ refers to Softweb Technology, ’c’ refers to iLEX Media Solution, ‘d’ refers to
None. Here is also majority of website developers are known from outside or others.
Behind this iLEX has popularity comparison to other to. So the market is less aware of
website but iLEX as a website developer known in the market. Therefore the next step is
position the service as a leading website developer among all competitors.
Chapter – 4
4.1 CONCLUSION
Thus we can say that the total process of market segmentation, targeting and
positioning is a very important attribute of marketing mix. All these three process is very closely
interrelated with each other. Once the organization has decided which customer groups within
which market segments to target, it has to determine how to present the product to this target
audience. This allows to exactly addressing the needs and expectations of the target groups
with a tangible marketing mix that consists of product characteristics, price, promotional
activities and places to present the product. Effective strategies of segmentation, targeting and
positioning gives an extra advantage in changing and highly competitive environment. To make
this three marketing process effective a thorough SWOT analysis of the firm is very important.
Keeping in mind the strength, weakness, opportunity and threat the firm can formulate and
implement its total marketing mix.
Both the market & company are new for the website business. The demand is there in
the market & is increasing rapidly. But there is some segment in the market which is still
behind. For them much awareness is necessary so that the company can position their service
in the market. Through all analysis it is concluded that the SME sector that is small & medium
enterprises are growing rapidly in Cuttack toward LSI that is large scale industry. So the future is
bright for iLEX if they take SME as their target. Apart from this sector most of the sectors are
also having need. For them company should position their website service as a lubricating
service so that all he sectors are attracted towards it.
4.2 SUGGESTIONS:
The service is not present in all the sectors significantly. So there is plenty of opportunity
for the website companies.
Many organizations are present in the market but most of them are franchise or
branches. So there much difficulty arises regarding website survey.
There are many potential customers are there in the market. So the website companies
can establish their market in Cuttack.
Many of the customers didn’t know the concept & benefits of website. So the major
thing is to provide information and logic behind the website service.
Many wrong interpretations are there in the market like website fraud, spam, and
greater influence of IT sector over website service. These wrong interpretations should
diminished by every website companies.
Yes No
Continue to Go to Questionnaire
Questionnaire 3.2 3.3
Questionnaire 3.2
c) Less known d) No
3.2.2: How did you know about the website for the first time?
a) Yes b) No
a) HTML b) Flash
c) Both d) None
Questionnaire 3.3
c) Less known d) No
3.3.2: How did you know about the website for the first time?
c) Expensive d) others
c) Not now d) No
Bibliography
Books:
Marketing Management
Marketing Management
1st Edition
Author- C.N. Sontakki
Publisher- Kalyani Publishers
Place of Publication- India
Year of publication- 2007
Website:
www.wikipedia.com
www.economypedia.com
www.scribd.com