A
SYNOPSIS ON
DIGITAL MARKETING
AT
“HDFC BANK LTD”
SUBMITTED
BY
BANDARI MALATHI
(HT.NO: 140821672093)
Project submitted in partial fulfillment for the award of degree of
MASTER OF BUSINESS ADMINISTRATION
OSMANIA UNIVERSITY
Dr .B .R. AMBEDKAR INSTITUTE OF MANAGEMENT &
TECHNOLOGY
(APPROVED BY AICTE & AFFILIATED TO OSMANIA
UNIVERSITY)
Baghlingampally, Hyderabad – 500044
2021-2023
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STATEMENT OF PROBLEM
Digital marketing is a paid form of promotion of products and services through an
identified sponsor using a digital medium. Digital marketing is that element of
promotion mix, which is often considered prominent in the overall marketing matrix.
Its high visibility and pervasiveness has made it an important commercial medium in
Indian society. It is a means of influencing the consumer to buy products or services
through visual or audio persuasion. A product or service is primarily advertised to
create awareness of its utility in the minds of potential buyers. As a result of
globalization and the consequent changes in consumer buying patterns, the
advertising industry has undergone significant transformation in past few years. The
current article highlights the scenario of digital marketing challenges and ways to
overcome it.
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1.1 INTRODUCTION:
“Marketing is the set of human activities directed at facilitating and consummating
exchanges.”
“It is not the strongest of the species that survives, not the most intelligent that
survives. It is the one that is the most adaptable to change.”
Marketing as “the science and art of exploring, creating, and delivering value to
satisfy the needs of a target market at a profit. Marketing identifies unfulfilled needs
and desires. It identifies measures and quantifies the size of the identified market and
the profit potential.
Marketing strategy: A marketing strategy is a business all over game plan for
reaching people and turning them into customers of the product or service that the
business provides. The marketing strategy of a company contains the company’s
value proposition, key marketing messages, information on the target customer and
other high level elements.
Digital Marketing: Digital marketing is the marketing of products on services using
digital technologies mainly on the internet, but also including mobile phones, display
advertising and any other digital medium.
Digital Marketing is a form direct marketing which links consumers with sellers
electronically using interactive technologies like e-mails, websites, online forums,
newsgroups, interactive television, and mobile communications etc.
The Digital Marketing Era: Digital marketing development since 1990s and 2000s
has changed the way brands and businesses use technology for marketing. This era is
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one that we experienced in the recent times, and is formed due to society’s
dependence on technology and internet. Using this technology to reach markets has
paved the way for smaller companies to rise up and although traditional marketing
values should not be replaced, digital marketing is becoming more valuable to
companies large and small.
Types of Digital Marketing:
Social Media Marketing
Content Marketing
Search Engine Optimization
Search Engine Marketing
Pay-Per Click
Affiliate Marketing
E-mail Marketing
Radio Advertising
Search Engine Marketing: A web search engine is a software system that is
designed to search for information on the World Wide Web. The search results
are generally presented in a line of results often referred to as search engine
results pages (SERPs). The information may be a mix of web pages, images,
and other types of files. Also, search engines maintain real-time information
by running an algorithm on a web crawler.
Pay- per click: It is a model of internet marketing in which advertisers pay a
fee each time one of their ads is clicked. Essentially, it’s a way of buying visits
to your site, rather than attempting to “earn” those visits organically.
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E-Mail marketing: It can be one of the strongest channels for ROI and
customer acquisition. E-mail is a vibrant and powerful way to connect with
people. It is an effective marketing strategy when used in conjunction with
relevant content and information. Each mail you create needs to have a goal
and purpose, with the overarching goal of email marketing being to deliver
relevant content and information to a segment of lead or customers.
Social Media Marketing: It is the process of marketing through social media
sites like Twitter, Face book, and YouTube. By utilizing the social aspect of
the web, social media marketing id able to connect and interact on a much
more personalized and dynamic level than through traditional marketing.
Search Engine Optimization: It is the process of affecting the online
visibility of a website or a web page in a web search engine’s unpaid results-
often referred to as “natural”, “organic”, or “earned” results.
Affiliate Marketing: It is the process of earning a commission by promoting
others people’s (or company’s) products. You can find a product you like,
promote it to others and earn a piece of the profit for each sale that you make.
Content Marketing: It is a type of marketing that involves the creation and
sharing of online material (such as videos, blogs, and social media posts) that
does not explicitly promote a brand but is intended to stimulate interest in its
products or services.
Radio Advertising: It works by allowing advertisers to buy airtime on various
radio stations, where they can air commercials, or spots, about their products
or services.
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AIMS AND OBJECTIVES OF THE STUDY:
To understand the marketing strategies of Digital marketing HDFC BANK
LTD.
To analyze how effectively the company is using its marketing strategies.
To understand how the company makes the client’s website to reach top
position.
To evaluate the opinion of the clients feedback on Digital marketing HDFC
BANK LTD.
To know the level of satisfaction of the clients of Digital marketing HDFC
BANK LTD.
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1.5 RESEARCH METHODOLOGY:
NATURE FOR THE STUDY:
The original services offered by Digital Marketing HDFC BANK LTD in early days
were based around digital marketing. And this has reminded their particular area of
passion. Now a full-scale internet marketing company, they offer advanced service in
SEO, SEM, and social media. Using web analytics to execute new marketing
strategies. Track and monitor the results of digital marketing. Evaluate success rates
in real time. Map out new directions for future marketing campaigns.
SCOPE OF THE STUDY:
The scope of the study is to examine how effectively the marketing strategies of
Digital Marketing HDFC BANK LTD are implemented and covers overall client’s
satisfaction of the company. Digital Marketing has several smaller divisions that work
in different directions yet contributing to the overall growth of the firm. The study
was conducted from May, and the response is related to that period only.
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METHODOLOGY
Sources of data:
Primary sources
Secondary sources
Primary sources:
Primary sources are the original sources directly collected that have not been
previously collected.
Primary data in this research was obtained through questionnaires and direct
interview.
Questionnaires, with multiple choice questions, close ended questions and few open
ended questions.
Through personal interviews to collect information on responses requiring an
explanation vital to study but not covered in the questionnaires.
Mail Questionnaire: The mail questionnaire is the best way to reach people who
would not give personal interviews or whose responses might be biased or distorted
by the interviewers. Mail Questionnaires require simple and clearly worded questions.
Secondary sources:
These are the sources that have been collected and compiled for another purpose.
Secondary data for the study has been obtained through the company’s brochure and
information from library and through internet source, magazines, and articles.
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Sampling technique:
Data gathering is crucial in research, as the data is meant to contribute to a better
understanding of a theoretical framework.
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Purposive Sampling: (also known as judgment sampling) is the deliberate choice of
participant due to the qualities that the participant possesses. It is a non-random technique
that does not need underlying theories or a set number of participants. The researcher decides
what needs to be known and sets out to find people who can and are willing to provide the
information by virtue of knowledge and experience. This involves identification and selection
of individuals or group of individuals that are proficient and well-informed with a
phenomenon of interest. In addition to knowledge and experience, and note the importance of
availability and willingness to participate, and the ability to communicate experiences and
opinions in an articulate, expressive and reflective manner. The idea behind purposive
sampling is to concentrate on people with particular characteristics who will be better able to
assist with the relevant study.
In this, purposive sampling is used for the study.
Sample size:
Digital marketing HDFC BANK LTD has more than 12+ companies as its clients. The
proposed sample for the study is 9 companies/clients.
Statistical tools:
Questions are categorized into multi-choice, dichotomous, close-ended questions, likert scale,
rating scale, importance scale, intention- to- buy scale. The tabulated data is calculated by
using MS-EXCEL 2020 version.
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LIMITATIONS OF THE STUDY:
Firstly, the respondents were not readily available and the data were collected as per
the convenience of the respondents.
Secondly, time is also one of constraints. Duration of 45 days is not sufficient to cover
all the aspects of the study.
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CHAPTERISATION
CHAPTER -1 - INTRODUCTION
This chapter includes the introduction of the topic, need, scope, objectives of the
study, Project limitations and methodology of the study.
CHAPTER - 2 REVIEW OF LITERATURE
This chapter includes the theoretical background and articles written by different
authors and brief explanation of the topic.
CHAPTER - 3 - INDUSTRY PROFILE & COMPANY PROFILE
Introduction Of Industry Profile And Company Profile vision, mission
CHAPTER - 4 - DATA ANALYSIS AND INTERPRETATION
This chapter includes the five years data and it also includes the interpretation based
on the study.
CHAPTER - 5 – SUMMARY AND CONCLUSION
This chapter includes the overall summary of the project and the conclusion based on
the study during the period.
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BIBLIOGRAPHY:
TEXT BOOKS:
1. Kotler, Philip (2016) - Marketing Management; A South Asian Perspective; Pearson;
New- Delhi.
2. Kotler, Philip (2015) – Principles Of Marketing; A South Asian Perspective; Pearson;
New- Delhi.
3. Understanding digital marketing- Damian Ryan
4. Applications of digital marketing – Abhishek Das.
5. Fundamentals of digital marketing- Puneet Singh Bhatia. The art of digital
marketing- IAN DODSON.
6. P. Sathya(2015), A Study on Digital Marketing and its Impact ,International Journal
of Science and Research (IJSR) ISSN (Online): 2319-7064 Index Copernicus Value
JOURNALS:
1. International Journal of Science and Research (IJSR) ISSN (Online): 2319-7064
Index Copernicus Value (2015): 78.96 | Impact Factor (2015): 6.391
2. International Journal of Management Science and Business Administration Volume 1,
Issue 5, April 2015, Pages 69-80
3. International Journal of Research in Marketing, Volume 34, Issue 1, March 2017,
Pages 22-45
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4. European Management Journal Volume 32, Issue 1, February 2014, Pages 1-12
5. Business Horizons Volume 58, Issue 5, September–October 2015, Pages 539-549
6. Digital market research Volume no.03,Issue no.10,December 2018.
7. Impact on marketing ,Volume no.06,Issue no.09,october2018
8. Digital market research Volume no.03,Issue no.10,December 2018
9. Effectiveness of digital marketing ,Volumeno.10,Issue no.09,December2017
10. Media consumption marketing ,Volume no.15, issue no.06 November 2016
WEBSITES:
1. www.dmss.co.in
2. www.investopedia.com
3. www.kotlermarketing.com
4. www.journals.elsevier.com
5. www.ijmm.net
6. www.emeraldinsight.com/journal/ijbm
7. www.emeraldinsight.com/journal/apijm
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