Comparative Analysis of Traditional Marketing and Online Marketing
Comparative Analysis of Traditional Marketing and Online Marketing
UNIVERSITY OF CALICUT
BACHELOR OF COMMERCE
Submitted by
BABINA BENNY
(CCASBCM145)
DEPARTMENT OF COMMERCE
MARCH 2021
CHRIST COLLEGE (AUTONOMOUS), IRINJALAKUDA
UNIVERSITY OF CALICUT
DEPARTMENT OF COMMERCE
CERTIFICATE
The information and data given in the report is authentic to the best of my
knowledge. The report has not been previously submitted for the award of any
Degree, Diploma, Associateship or other similar title of any other university or
institute.
Date: CCASBCM145
ACKNOWLEDGEMENT
I would like to take the opportunity to express my sincere gratitude to all people
who have helped me with sound advice and able guidance.
Above all, I express my eternal gratitude to the Lord Almighty under whose
divine guidance; I have been able to complete this work successfully.
I am thankful to Mrs. smitha Antony, Class teacher for her cordial support,
valuable information and guidance, which helped me in completing this task
through various stages.
I would like to express my gratitude to all the faculties of the Department for
their interest and cooperation in this regard.
I extend my hearty gratitude to the librarian and other library staffs of my college
for their wholehearted cooperation.
LIST OF TABLES
LIST OF FIGURES
THEORETICAL
CHAPTER 3 8 – 12
FRAMEWORK
FINDINGS, SUGGESTIONS
CHAPTER 5 38 – 41
& CONCLUSION
BIBLIOGRAPHY
APPENDIX
LIST OF TABLES
TABLE
TITLE PAGE NO:
NO:
FIGURE
TITLE PAGE NO:
NO:
We all are aware that the marketing trends in today’s era are changing at a very
fast pace and the market has drifted to digital marketing from traditional
marketing. The marketer’s have now shifted to digital platforms for promoting
their brands as digital marketing platforms like e-commerce websites, google
ads, emails etc. are used more frequently and are available to the maximum
number of the targeted audience .So rather than spending marketing efforts and
money on the traditional ways of marketing ,the marketers /businesses and the
companies are now switching to the digital marketing platforms for reaching out
to the maximum number of targeted consumers and for generating more revenue
and profit for their brand . It is important to understand that choosing a promising
market is not the only step for a successful business, one must know how to
convert this promising market/ opportunity/consumer into a successful business
leads or promising customers. There is a population that still abides by the
traditional methods of marketing and does not believe in online transactions or
online marketing ,however, the market has seen a trend of exponential growth in
the number of customers or consumers who are using the internet for their day
to day transactions.
1
Another type of marketing is online marketing. It refers to any form of
advertising or marketing on the web. Online marketing also known as digital
marketing and internet marketing. Online marketing or promotion has become
handy and the marketers can grab the attention of the consumers more easily.
Also, we have automation on a boom and online marketing is highly automated
process that reduces a lot of manual process involved both for the consumers and
the marketers. Online marketing is a broad field, including attracting customers
via email, content marketing, search platforms, social media and more.
The scope of the study limited to the perception and satisfaction towards
online and traditional marketing in customers of Thrissur district.
2
1.4 Significance of the study
3
1.6.3 Sources of data
The customers of Thrissur district are the population of the study and the
population is infinite.
The data collected were analysed by percentage analysis and presented through
tables and charts.
4
1.10 Chapterization
Chapter 1: Introduction
Chapter 2: Review of literature
Chapter 3: Theoretical framework
Chapter 4: Data analysis and interpretation
Chapter 5: Findings, suggestions and conclusions
5
CHAPTER 2
REVIEW OF LITERATURE
2.1 Empirical review
Taylor (2015) predicts that by 2020 that all traditional outdoor advertising space
in major cities will be replaced by digital displays. It is worth nothing that a lot
of DOOH (traditional and non-traditional media interlink) can be used in tandem
with programmatic, to create an immersive experience that changes based on real
time variables.
Stuart E.J (2014) day by day there is upward growth of online services in
regular usages by consumers. However, traditional marketers somehow do not
want to admit that the world changed. They are slow in taking advantages of new
opportunities presented to them. B2B enhances supply chain process need to pay
much attention to real world business process, adapt automated systems to
business behaviour and mingle content and technologies with crucial
information systems.
Salehi, M.mirzaeiH & Aghaei ,M(2012) compares both internet based as well
as traditional marketing ,internet marketing is more economical and faster way
to reach out to buyer directly and is the ideal way for business to advertise locally
or internationally . As the result in case of comparison; both types of marketing
can help traders and marketers to do business. Each has advantages and
disadvantages. Approximately, the advantages of internet marketing are much
more than advantages of traditional marketing.
Ivan Menezes.et.al is quoted that saying ‘it is not about doing digital marketing;
it is about marketing effectively in a digital world (Menezes 2015). While some
marketers like Siegler, Smith and Chaffey agree that non-traditional will no
6
doubt replace traditional, Rothschild, Vel Menezes and Blakeman stand by
saying that traditional will always have it ‘s place and purpose.
Chaffey and Smith (2013) explained how the expenditure for both forms of
media is seeing a shift towards non-traditional methods. A report by MC Kinsey
&company (2016) supports these claims and states that by 2019, non-traditional
will be dominate source of marketing spend. Conversely MC Kinsey & company
(2016) also note that overall spending in marketing and advertising is set to
increase year on year as a compounded figure of 5.1 %.
Edelman (2013) concurs and suggest that 8/10 consumers believe a message
after 3 viewing. Digital media can easily be tracked but the finding may be false,
due to algorithm errors.
Freitas (2015) discussed how linked in is the main social platform for B2B sales
and how events are intertwined. this linking of traditional and non-traditional in
this sense is very measurable as there will be a clear indicate of the number of
consumers who have received the message and the end result being a led
conversion.
Strauss and Ansary (2006) defined internet marketing in their latest book as the
use of information technology in the process of creating, communicating and
delivering value to customers, and for managing customer relationships in ways
that benefit the organisation and its stakeholders. It is not just traditional
marketing using the information technology tools but it’s strategic model to
achieve brand value and provide customer satisfaction.
Both Smith (2015) and Ellis (2011) discuss media fragmentation, a term that is
used to explain how a consumer is an many different platforms at any one time.
This multitasking life style is growing and being present across multiple
platforms both traditional and non-traditional is key to the successful growth in
a modern organisation.
7
CHAPTER 3
THEORETICAL FRAMEWORK
3.1 Theoretical framework
- Traditional marketing
- Online marketing
Traditional marketing refers to any type of market that is not online. This means
print, broadcast, direct mail, phone and outdoor advertising like billboards.
Traditional marketing plays an important part in reaching local audience.
Traditional marketing is a form of marketing that we have been exposed to one
point or another. It is a conventional mode of marketing that involves reaching
out to half targeted or less targeted audiences with various conventional means
and channels that work mostly offline. i.e. without using the internet advertising
and promotions are done. Traditional marketing is the most recognizable type of
marketing, encompassing the advertisements that we see and hear every day.
8
• Familiar marketing mode
• Easy to understand
• Immediate delivery of message and high frequency of message
• Hard copy easily processed
• It is less engaging
• It is more expensive
• Difficult to measure return on investment
• Lack of time to update message
• Customized marketing is not possible
• Provide less information
• Forced on the consumer
9
• Instant publicity
• Negative feedback
• Time consuming
• High competition
• Security and privacy issues
• Requisite expertise in the field
10
Traditional marketing involves one Online marketing involves two way
way communication communication
It has more personal approach as it is It does not require physical presence
very easy for the marketers to have a of the marketers
person to person relationship
• Product
• Price
• Place
• Promotion
Product: A product refers to any item that intends to satisfy the needs and wants
of a target consumer. It can be a tangible good such a clothing item or piece of
software or intangible like a service or experience.
Price: Price not only refers to the monetary value of a product, but also the time
or effort the customer is willing to expend to acquire it. Determining this will be
a critical factor in revenue for the brand as it will impact profit, supply, demand
and how much marketers should spend on a promotion or marketing strategy.
Place: It refers to providing customers access to the product and it also calls into
play convenience for the customer.
11
A comparative analysis is an essay in which two things are compared and
contrasted. It enhances the understanding of one’s own society by placing its
familiar structures and routines against these of other systems; comparison
heightens our awareness of other systems, cultures, and patterns of thinking and
acting, thereby casting a fresh light on our subjects. Comparative study we
attempt to identify a cause and effect relationship between two or more groups.
3.1.8 Satisfaction
12
CHAPTER 4
DATA ANALYSIS AND
INTERPRETATION
Table 4.1 showing age wise classification of respondents
60
50
Percentage
40
30 Percentage
20
10
0
Below 20 20-30 30-40 40-50 50-60 Aabove 60
Age
Interpretation
Table 4.1 shows age wise classification of respondents. It reveals that 62% of the
respondent are aged between 20-30. 30% of the respondents aged below 20, 4%
of the respondents are aged between 30-40. 2% of the respondents are aged
between 40-50. 2% of respondents are aged between 50-60 and no respondents
are aged above 60.
13
Table 4.2 showing gender wise classification of respondents
Male 15 30
Female 35 70
Transgender 0 0
Total 50 100
(source: Primary data)
80
70
60
50
percentage
40
percentage
30
20
10
0
male female transgender
gender
Interpretation
14
Table 4.3 showing educational qualification of respondents
45
40
35
30
percentage
25
20
15
10
percentage
5
0
Educational qualification
Interpretation
15
Table 4.4 showing monthly income of respondents
60
50
40
percentage
30
percentage
20
10
0
Below 10000 10000-30000 30000-60000 Above 60000
monthly income
Interpretation
Table 4.4 shows monthly income of respondents. 50% of the respondents have
monthly income below 10,000, 36% of them have monthly income between
10,000 -30,000, 6% of respondents have monthly income between 30,000-
60,000 and 8% of respondents have monthly income above 60,000.
16
Table 4.5 showing purchase from online by the respondent
70
60
50
percentage
40
percentage
30
20
10
0
Sometimes Often Always Never
use
Interpretation
Table 4.5 shows purchase from online by the respondents. 68% of respondents
sometimes purchase from online. 22% of them often purchase from online, and
4% of respondents are always use online purchase and 6% of respondents never
purchased from online.
17
Table 4.6 showing attentiveness in online marketing
50
40
percentage
30
Percentage
20
10
0
Strongly agree Agree Neutral Disagree Strongly
disagree
attentiveness
Interpretation
18
Table 4.7 showing irritation caused by online marketing advertisements.
40
35
30
25
percentage
20
15 Percentage
10
0
Strongly Agree Neutral Disagree Strongly
agree disagree
irritativeness
Interpretation
19
Table 4.8 showing that the products are of good quality in online
marketing
Figure 4.8 showing that the products are of good quality in online
marketing
60
50
40
Percentaage
30 Percentage
20
10
0
Strongly agree Agree Neutral Disagree Strongly
quality disagree
Interpretation
Table 4.8 shows the product quality in online marketing. 54% agree that the
products are of good quality in online marketing, 32% of respondents have
neutral opinion about the quality of products in online marketing, 10% of
respondents disagree that the products are of good quality in online marketing
and 4% of respondents strongly agree that the products are of good quality in
online marketing and no one strongly disagree the products are of good quality
online marketing.
20
Table 4.9 showing how much people are satisfied with online marketing
Table 4.9 showing how much people are satisfied with online marketing
50
45
40
35
Percentage
30
25
20
Percentage
15
10
5
0
Highly Satisfied Neutral Dissatisfied Highly
satisfied dissatisfied
satisfaction
Interpretation
Table 4.9 shows the satisfaction in online marketing by the respondents. 46% of
them are satisfied with online marketing, 36% of respondents have neutral
opinion about the satisfaction of online marketing, 12% of respondents highly
satisfied with online marketing, 6% of respondents dissatisfied with online
marketing .No one were highly dissatisfied with online marketing.
21
Table 4.10 showing what are the benefits does traditional marketing
offer over the online marketing
Figure 4.10 showing the benefits does traditional marketing offer over
the online marketing
40
35
30
25
Percentage
20
15 Percentage
10
0
Wide range of Low cost Time saving Ease of Interactive
information shopping medium
benefits
Interpretation
Table 4.10 shows the benefits does traditional marketing offer over the online
marketing. 58% of respondents opinion that traditional marketing offer easy of
shopping over than online marketing, 26% of respondents opinion that time
saving is provided by traditional marketing, 14% of respondents opinion that
traditional marketing as a interactive medium and 12% respondents opinion that
traditional marketing offer low cost.10% of respondents opinion that traditional
marketing offer wide range of information.
22
Table 4.11 showing how would you rate traditional marketing
50
45
40
35
30
Percentage
25
20 Percentage
15
10
5
0
Excellent Satisfied Good Fair Bad
rating
Interpretation
Table 4.11 shows the rating given to traditional marketing by the respondents.
46% of respondents are satisfied with traditional marketing, 36% of respondents
have good opinion about traditional marketing, 16% of respondents have
excellent opinion about traditional marketing, 2% of respondents have fair
opinion about traditional marketing, No one have bad opinion about traditional
marketing.
23
Table 4.12 showing what loopholes does online marketing carry over
traditional marketing tools
Figure 4.12 showing the loopholes does online marketing carry over
traditional marketing tools
45
40
35
30
percentage
25
20
15
10
5
Percentage
0
loopholes
Interpretation
Table 4.12 shows the loopholes does online marketing carry over traditional
marketing. 40% of respondents have an opinion that the online marketing has
more scope for fraudulent activities, 28% of respondents have privacy issue in
online marketing than traditional marketing, 8% of respondents shows an
opinion that online marketing is more suspicious than traditional marketing, 8%
of respondents opinion that online marketing lack demonstration of products
24
than traditional marketing, 4% of respondents have an opinion that, there is no
loophole in online marketing.
25
Table 4.13 showing which method of marketing you prefer
60
50
Percentage
40
30
Percentage
20
10
0
Online marketing Traditional
marketing
preference
Interpretation
26
Table 4.14 showing that traditional marketing as it is safest to use
60
50
40
percentage
30
percentaage
20
10
0
Strongly Agree Neutral Disagree Strongly
aagree disagree
safety
Interpretation
Table 4.14 shows the opinion of respondents that traditional marketing is safest
to use .48% of respondents agree that traditional marketing is safest to use, 36%
of them strongly agree that traditional marketing is safest to use, 16% of them
have neutral opinion about the safety of traditional marketing. No one of them
have negative opinion about safety in traditional marketing.
27
Table 4.15 showing the opinion that traditional marketing is better than
online marketing
Figure 4.15 showing the opinion that traditional marketing is better than
online marketing
45
40
35
30
Percentage
25
20
percentage
15
10
0
Strongly agree Agree Neutral Disagree Strongly
disagree
Better
Interpretation
Table 4.15 shows the opinion that the traditional marketing is better than online
marketing. 40% of the respondents agree that traditional marketing is better than
online marketing, 36% of respondents have neutral opinion about traditional
marketing is better than online marketing, 22% of respondents strongly agree
that traditional marketing is better than online marketing, 2% of respondents
disagree that traditional marketing is better than online marketing and no one of
the respondents strongly disagree that traditional marketing is better than online
marketing.
28
Table 4.16 showing that online marketing provides products at reasonable
price than traditional marketing
50
40
Percentage
30
Percentage
20
10
0
Strongly agree Agree Neutral Disagree Strongly
disagree
Reasonable price
Interpretation
Table 4.16 shows the opinion of respondents regarding the statement that online
marketing provides products at reasonable price than traditional marketing. 52%
of them strongly agree that online marketing provides products at reasonable
price than traditional marketing, 32% of respondents have neutral opinion, 16%
of respondents strongly agree that online marketing provides products at
reasonable price than traditional marketing, and no one of the respondents
disagree and strongly disagree with the statement.
29
Table 4.17 showing that traditional marketing provides more satisfaction
than online marketing
30
25
20
Percentage
15
10
5
0
Strongly agree Agree Neutral Disagree Strongly
disagree
Satisfaction
Interpretation
30
Table 4.18 showing that online marketing influence more to buy a product
than traditional marketing
50
40
Percentage
30
Percentage
20
10
0
Strongly agree Agree Neutral Disagree Strongly
disagree
Influence
Interpretation
Table 4.18 shows the opinion of respondents on the statement that online
marketing influence more to buy a product. 48% of respondents agree that online
marketing influence more to buy a product than traditional marketing. 22% of
them strongly agree that the online marketing influence more to buy a product
and 24% of respondents have neutral opinion, 4% of respondents disagree and
2% of respondents strongly disagree that online marketing influence more to buy
a product than traditional marketing.
31
Table 4.19 showing traditional marketing provides best quality product
over than online marketing
Figure 4.19 showing the opinion that traditional marketing provides best
quality product over than online marketing
45
40
35
30
Percentage
25
20
Percentage
15
10
0
Strongly agree Agree Neutral Disagree Strongly
disagree
best quality product
Interpretation
Table 4.19 shows the opinion of respondents that traditional marketing provides
best quality product over than online marketing.42% of respondents agree that
traditional marketing provides best quality product over than online marketing,
30% traditional marketing provides best quality product over than online
marketing, 26% of respondents have neutral opinion, 2% of them disagree that
traditional marketing provides best quality product over than online marketing
.No one of the respondents strongly disagree with the statement.
32
Table 4.20 showing traditional marketing is time consuming than online
marketing
50
40
Percentage
30
Percentage
20
10
0
Strongly agree Agree Neutral Disagree Strongly
disagree
time consuming
Interpretation
Table 4.20 shows the opinion of respondents regarding the statement that
traditional marketing is time consuming than online marketing. 56% of the
respondents agree that traditional marketing is time consuming than online
marketing. 24% of respondents strongly agree that the that traditional marketing
is time consuming than online marketing. 14% of them have neutral opinion
about the statement, 6% of them disagree that traditional marketing is time
33
consuming than online marketing and no one strongly disagree with the
statement.
34
Table 4.21 showing online market has far more freedom of choice than a
traditional market
30
25
20
Percentage
15
10
5
0
Strongly agree Agree Neutral Disagree Strongly
disagree
freedom of choice
Interpretation
Table 4.21 shows opinion of respondents regarding the statement that online
market has far more freedom of choice than a traditional market, 44% of
respondents agree that online market has far more freedom of choice than a
traditional market, 28% of them are strongly agree that online market has far
more freedom of choice than a traditional market, 20% of respondents have
neutral opinion, 8% of them disagree the statement, No one strongly disagree
that online market has far more freedom of choice than a traditional market.
35
Table 4.22 showing that getting a new product launching info via online
marketing than a traditional marketing is more informative
Figure 4.22 showing opinion regarding the statement that getting a new
product launching info via online marketing than a traditional marketing
is more informative
60
50
40
Percentage
30
Percentage
20
10
0
Strongly agree Agree Neutral Disagree Strongly
disagree
more informative
Interpretation
52% of respondents agree that getting a new product launching info via digital
marketing is more informative than traditional marketing, 26% of respondents
strongly agree that getting a new product launching info via digital marketing is
more informative than traditional marketing,18% of them have neutral opinion,
2% of them disagree that getting a new product launching info via digital
marketing is more informative than traditional marketing, 2% of respondents
strongly disagree that getting a new product launching info via digital marketing
is more informative than traditional marketing.
36
Table 4.23 showing traditional marketing is more reliable to use over than
online marketing
50
40
Percentage
30
Percentage
20
10
0
Strongly agree Agree Neutral Disagree Strongly
disagree
relaibility
Interpretation
37
CHAPTER 5
FINDINGS, SUGGESTIONS AND
CONCLUSION
5.1 Findings
38
• From their opinion, traditional marketing is time consuming than online
marketing.
• 44percentage of respondents are agree that online market has more
freedom of choice than traditional market.
• 52% of consumers get information of a new product launching through
online marketing is more informative than traditional marketing.
• Majority of respondents agree that traditional marketing is more reliable
to use over than online marketing.
39
5.2 suggestions
40
5.3 Conclusion
This study is conducted to comparatively analysis the traditional marketing and
online marketing .For this purpose I have collected data from various resources
especially through questionnaire. The study reveals that most of consumers are
preferred traditional marketing.
41
BIBLIOGRAPHY
Bibliography
Books:
References :
Jacob(2014)Electronic commerce
Taylor(2015)The measurement of web customer satisfaction;
Salehi, M. mirzaei ,H& Aghaei, M(2012)Dissimilarity of E-marketing Vs.
Traditional marketing.
Stuart E. J(2014).New media : debunking the myths.
Chaffey and Smith(2013).Trends in online publicity and advertising
express websites:
www.smartinsights.coom/traditional marketing
www.educba.com/comparison between traditional and online marketing
www.edkentmedia.com
www.Marketingterms.com
APPENDIX
SURVEY QUESTIONNAIRE
1. Name:
2.Age:
Below 20
20-30
30-40
40-50
50-60
Above 60
3. Gender:
Male
Female
Transgender
4. Educational qualification:
Below matriculation
Matriculation
Plus two
Undergraduate
Postgraduate
Other
5. Monthly income:
Below 10,000
10000-30000
30000-60000
Above 60000
Sometimes
Often
Always
Never
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
9. Do you think the products are of good quality in online marketing
Highly satisfied
Satisfied
Neutral
Dissatisfied
Highly dissatisfied
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
11. What benefits does traditional marketing offer over the online marketing
Excellent
Satisfied
Fair
Bad
13. What loopholes does online marketing carry traditional marketing tools
More suspicious
Privacy issue
More scope for fraudulent activities
Often interrupting
Lack demonstration
No loophole
Online marketing
Traditional marketing
Online marketing might be more influential due to its ability to deliver personalized content and targeted advertising that resonates with potential buyers. The convenience, coupled with the availability of reviews and instant transaction capabilities, makes online channels persuasive at driving purchase decisions .
Respondents perceive that online marketing provides products at more reasonable prices than traditional marketing. 52% agree with this, suggesting that the elimination of physical store costs and enhanced competition online contribute to lower consumer prices .
Online marketing enhances measurement capabilities through digital analytics tools that track customer interactions, engagement rates, and conversion metrics. This digital footprint allows businesses to assess the effectiveness of their strategies in real-time, facilitating precise adjustments to improve outcomes .
The primary concerns about online marketing include a higher likelihood of fraudulent activities, privacy issues, and insufficient product demonstration. These concerns highlight the need for secure and transparent online practices to build consumer trust .
The disadvantages of traditional marketing include being less engaging, more expensive, and difficult to measure in terms of return on investment. It often involves a lack of personalized interaction and forced consumer exposure to messages, which can be less effective compared to the targeted nature of online marketing .
Online marketing provides more flexibility and choice due to its digital nature, allowing consumers to select how they engage with content across various platforms. It offers a global reach and time-effective options to interact with different marketing channels. Moreover, customers can freely access a broader range of products and services online, increasing the freedom of choice .
According to respondents, traditional marketing offers higher satisfaction levels, with 46% agreeing that it is more satisfactory compared to online methods. About 32% strongly agree with this sentiment. This perception is influenced by the tangibility and reliability associated with traditional marketing methods .
Traditional marketing offers several advantages such as sustainability of promotional materials and establishment of credibility. It has low production costs, can reach a captive audience, and allows for reuse and recycling. Furthermore, traditional marketing modes are familiar and easy to understand, ensuring immediate delivery and high frequency of messages .
Traditional marketing is considered more trustworthy because it focuses on consistency and values that people can rely on. It involves well-established channels like print, TV, and radio, which have historically been sources of reliable information. This consistency fosters credibility and trust among consumers .
Some consumers prefer traditional marketing because it is perceived as more reliable and safer. Traditional channels like print and TV have longstanding reputations, and they provide a tangible interaction that builds trust. Additionally, traditional marketing is seen as delivering better product quality and more satisfaction, which are significant factors for some consumer segments .