...Cricket, Gambling and India Gambling has gambled heavily on India. It’s appetite to enter Indian market, over the years, has shown only signs of strengthening. Now it has on its side some of the biggest moguls of Indian industry like Subhash Chandra (Zee) and Vijay Mallya (Kingfisher). Subhash Chandra might be famous as a media biggie but as early as in 2007 he earned almost as much from his lottery brand Playwin as the rest of his media, packaging and real estate businesses added together i.e. a cool Rs. 2400 crore. According to Playwin website, the company has at least ten games to offer. The lotto & gaming brand of Pan India Network Ltd. claimed in June 2010 to have created 71 crorepatis and over 3,000 lakhpatis from all over India within a short span of 8 years since its establishment. Of course it doesn’t talk about the many people who would have gone bankrupt due to gambling. But this is the visible picture. According to a story published in the Businessworld in 2008, unlawful betting in the IPL cricket season averaged $100 million per match in 2008. Indians bought over 30 million lotteries a day and the lottery market alone was estimated to be upto Rs 50,000. The total gambling industry was upwards of Rs. 100,000 crore in 2008 itself. There is hardly any doubt that despite all the recessions, the gambling industry has only gone up. Howsoever we frown at the moral aspect of gambling, it remains the most popular vice. That it can’t be stopped is clear. That it...
Words: 740 - Pages: 3
...Marketing is a technique utilized by organizations to obtain or notify consumers about new or current products or services (Kotler, & Keller, 2012, p. 5). It is a method that includes advertising, market research, promotion and selling of products or services to make a business profitable (Kotler, et al, 2012, p. 5). In business there are two critical functions, innovation and marketing, which in the company’s eyes it can mean understanding and knowing the customer so well that the product or service fits their needs. Marketing is about how and what is said to explain how awesome an organization’s product is and why the people should purchase the product or service that is being advertised (Kotler, et al, 2012, p. 5). With that in mind, the objective of this post will explain how marketing managers can effectively utilize modern marketing strategies and plans to deal with the numerous changes in business and its environment that can potentially impact the company’s brand image and the customer’s perception of the overall organization. Technological changes are increasing at a faster pace which means that organizations must continue to utilize several modern techniques to obtain consumers and make notifications. For instance, most businesses utilize several modern marketing techniques that include videos and social media (Facebook, Twitter, and Reddit, etc…). After comprehending that Mr. Stahl said that organizations have to continuously monitor and be alert of the changes...
Words: 524 - Pages: 3
...(Question 1) The rules of marketing have change as we are now witnessing a shift from a push strategy to reach prospective customers to a pull world of commercial messaging. Traditionally, marketers in a B2C market used communication channels such as mass media with advertising campaigns to attract awareness and buying intentions from potential customers. In a B2B market, sales representatives were obligated to devote themselves in tasks such as telemarketing and direct marketing in order to identify leads. However, with the arrival of many useful web 2.0 tools, the declining popularity of traditional media, the easy access to information, and hence the change of habits in the consumers’ buying process, conventional marketing in both B2C and B2B markets aren’t sufficient anymore. Outbound marketing is out of date; inbound marketing is the new solution to the market trend. In the current environment, outbound marketing’s effectiveness is diminishing while inbound marketing strategies with search engines, blogs and social media are generating new business at higher rates. The phenomenon is logical because the outbound marketing tend to awaken a need, while the inbound marketing serves as a way to answer that need. In other terms, inbound marketing is centric into the prospective consumer’s buying process thus increasing the likelihood of purchasing. Also inbound marketing is very cost-effective. (Question 2). HubSpot has taken advantage of this market trend to impose its corporate...
Words: 778 - Pages: 4
...A - 1) Rules are meant to be broken, else changed. In this fast moving, ever transforming world the only thing permanent is 'change'. With the onset of technology the rules of marketing have obviously changed, purpose of marketing remaining the same though. The masses are growing smarter and it takes a lot more to trigger an interest from their end. With the onslaught of increased number of communication mediums, people's lives have been infiltrated more than ever before. Apart from the mass media, there are several ways of interacting with potential customers. And here is where the problem arises. People feel that their privacy is being regularly compromised when they see that they are interrupted and bothered with advertisements which they are not even interested in. Traditional marketing rules proactively tries to engage a person without his/her consent. Not that this is a bad thing, because this system has been working for decades now and shall continue to do so in the near future. Difference being that since the number of communication mediums have increased, the frequency of engagement of people has increased drastically. That could work negatively. Specific to the Hubspot case; the crux of the Hubspot company was to capitalize on the positives of inbound marketing strategies and prove that the traditional outbound marketing approach was in for a change, completely. The difference in plan of approach was that Hubspot as a company did not advertise their offerings directly...
Words: 1221 - Pages: 5
...HubSpot: Inbound Marketing and Web 2.0 Contents Introduction 3 HubSpot Background 4 Inbound vs. Outbound Marketing 4 Product & Pricing 6 Marketplace & Competition 10 Marketing Strategies 14 Customers & Segmentation 16 SWOT Analysis 22 CRM Implications 23 Problem Statement 25 Appendix A – Exhibits 27 References 30 Introduction HubSpot founders, Brian Halligan and Dharmesh Shah, were selling more than software—they were selling a philosophy. They believed that Web 2.0 was a game changing technology that could be leveraged to fundamentally change the way marketers attracted customers. At the same time, typical push marketing techniques were becoming ineffective. Greg Stuart, x-CEO of Interactive advertising bureau, estimates that advertisers spend roughly $112 billion (just over half of total spending in 2006) on sending messages that reach the wrong audience or none at all (Anonymous, 2006). HubSpot designed their products to fill and manage the customer funnel using techniques termed Inbound Marketing. Using the same techniques and products they were selling, HubSpot was able to attract 1,000 customers in a little over a year which showed that their philosophy was sound. In fact, their philosophy was “sold” even before they had a single customer because they were able to raise $17M in venture capital. They attracted a diverse group of customers using the inherent characteristics of inbound marketing techniques. However...
Words: 4181 - Pages: 17
...Executive Summary Founders of HubSpot, Brian Halligan and Dharmesh Shah saw an opportunity to develop software products to assist companies execute inbound marketing as the increase of popularity in online blogging, social media, platforms and search engine optimization (SEO). The strategy used by their company in Inbound Marketing is that it "pulls" interested customers by making available relevant information and disseminating data based on customer search processes. Instead of going and hunting for customers, interrupting their everyday lives through telemarketers and direct selling, Hubspot realized the simple efficiency of being there for the customer to find the company or product they are seeking. This effectiveness revolutionized the traditional marketing strategies used by other companies and other competitors. Hubspot differentiated its customers based on two types. Small Business Owner customer also known “Owner Ollie” and Marketing professional customer called “Marketer Mary”. Owner Ollie made up 73% of customer portfolio. Marketer Mary made up about 27%. Owner Ollie customers are the businesses ranging in between 1 to 25 employees. For these owners, their primary objective was to create maximum leads for their businesses. Owner Ollies are busy with all the functions of the organization and rarely have a defined marketing department. Owner Ollie customers less knowledgeable of the Web 2.0 technology and have great use for the training and guidance that comes along...
Words: 1795 - Pages: 8
...A REPORT ON “A STUDY ON HR POLICY OF NESTLE” PROJECT REPORT SUBMITTED TOWARDS PARTIAL FULFILLMENT OF POST GRADUATE DIPLOMA IN BUSINESS MANAGEMENT (Approved by AICTE, Govt. Of India) (Equivalent to MBA) ACADEMIC SESSION 2010 – 2012 [pic] Submitted to: - Submitted by: - Ms. Anita Singh Aakash Gaur (BM-010001) Associate professor Akash Jain(BM-010013) HRM Ankur Dixit (BM-010026) Deepak Sharm (BM-010046) Dharmesh Kr. Gautam(BM-010048) INSTITUTE OF MANAGEMENT STUDIES LAL QUAN, GHAZIABAD [pic][pic][pic][pic] Nestle-India-Mulls-To-Invest-Rs-350-Crore-To-Set-Up-New-Production-Facility ACKNOWLEDGEMENT We are highly grateful to our project mentor Prof. SANJAY MANGLA and Dr. S.R. Dash for his continuous support, supervision, motivation and guidance through out the tenure of our project in spite of his hectic schedule. he truly remained driving spirit in our project and his experience gave us the light in handling our research project and helped us in clarifying the concepts, requiring knowledge and perception, handling critical situations and in understanding the objective of our work. We will also not forget to thank all our faculty members and our friends who helped us in all the ways they could. Thanks to all. We would also like to express our heartiest thanks to all the respondents who took time for answering our questions INSTITUTE OF MANAGEMENT...
Words: 6303 - Pages: 26
...CASE STUDY 145 A U.S. lease-to-own chain considers expansion abroad SYNTHESIS 150 The rise of artificial intelligence, and the human response Life’s Work 156 Kareem Abdul-Jabbar on career transitions Experience Illustration: justin gabbard Managing Your Professional Growth hbr.org The world of work has changed dramatically over the past decade. Companies are more global and employee groups more diverse than ever before. Organizational structures are less hierarchical and more collaborative. And today’s networked offices are full of technological distractions that would have been unimaginable to the 20th-century manager. We asked experts in cross-cultural communication, information networks, and the science of attention what specific skills executives should cultivate to tackle these new challenges. Here are their answers. January–February 2012 Harvard Business Review 139 EXPERIENCE Skill 1 Code Switching Between Cultures To work well with foreign colleagues, you may have to risk feeling inauthentic and incompetent. by Andrew L. Molinsky Marco, the Italian COO of a technology company in Mumbai, can’t motivate his Indian employees. Anat, an Israeli management consultant working in the United States, struggles to give “American style” feedback. Seungwoo, the CEO of a Korean software firm with a new Shanghai office, has trouble retaining Chinese staffers. All three of these executives should be successful in their...
Words: 3261 - Pages: 14
...R. Institu of Business Manag itute agement A Grand Project Report on rand Credit Risk Manag anagement at State Bank of M k Mysore (IN PARTIAL FULFILLMENT OF PROJECT STUDY COURSE, IN TWO YEARS FULL TIME LMENT O WO YEAR MASTER OF BUSINESS ADMIN SS ADMINISTRATION PROGRAMME OF GUJARAT U UJARAT UNIVERSITY) Submitted To: Prof. Dharmesh Shah hah (Asst. Professor, NRIBM) Submitted By: Subm Sandip A. Makwa (08056) akwana Luv D. Palk (08064) . Palkar Prof. Viral Pandya (Asst. Professor, NRIBM) (Batch: 2008-10) N. R. Institu of Business Management nstitute ent CERTIFICATE This is to certify that Mr. Sa ndip A. Makwa wana (08056) and Mr. Luv D. Palk alkar (08064 ) students of N.R.Institute of Business Management has successf te essfully completed their grand project on “Credit Risk Management at State Bank of Mysore” “Credit Mysore” Ba in partial fulfillment o two years Master of Business Administration of s A Programme of Gujarat University. This is their original wor and has not t U work been submitted elsewhere ere. _________________________ Dr. Hitesh Ruparel Director In-charge, NRIBM _____________________________ Prof. Dharmesh Shah Asst. Professor, NRIBM & Internal Project Guide ______________ _______________________ Prof. Vir Pandya of. Viral Asst. Professor, NRIBM & st. Profess Internal Pr nternal Project Guide Date: / / 2010 Place: Ahmedabad Preface Banks are regarded as the blood of the nation’s economy without them one cannot...
Words: 16592 - Pages: 67
...STRATEGY FOLLOWED BY INSTITUTIONAL BUSINESS DIVISION OF NIPPO BATTRIES FOR GROWTH OF THEIR BUSINESS IN INDIAN MARKET Summer Internship Project Report Submitted towards Partial Fulfillment Of Post Graduate Diploma In Management (Approved by AICTE, Govt. of India) Academic Session 2010-2012 [pic] Submitted By: DEEPAK SHARMA BM-010046 Under the Guidance of : Industry Guide Faculty Guide CHANDAN MISHRA Dr. S.R. DASH SALES OFFICER- INSTITUTIONAL SALES GUEST FACULY NIPPO BATTERIES LIMITED IMS GHAZIABAD Nestle-India-Mulls-To-Invest-Rs-350-Crore-To-Set-Up-New-Production-Facility ACKNOWLEDGEMENT We are highly grateful to our project mentor Prof. SANJAY MANGLA and Dr. S.R. Dash for his continuous support, supervision, motivation and guidance through out the tenure of our project in spite of his hectic schedule. he truly remained driving spirit in our project and his experience gave us the light in handling our research project and helped us in clarifying the concepts, requiring knowledge and perception, handling critical situations and in understanding the objective...
Words: 6290 - Pages: 26
...the social media marketing book Beijing · Cambridge · Farnham · Köln · Sebastopol · Taipei · Tokyo Dan Zarrella The Social Media Marketing Book by Dan Zarrella Copyright © 2010 Dan Zarrella. Printed in Canada. Published by O’Reilly Media, Inc., 1005 Gravenstein Highway North, Sebastopol, CA 95472. O’Reilly books may be purchased for educational, business, or sales promotional use. Online editions are also available for most titles (http://my.safaribooksonline.com). For more information, contact our corporate/institutional sales department: (800) 998-9938 or corporate@oreilly.com. Editor: Laurel R. T. Ruma Production Editor: Rachel Monaghan Copyeditor: Audrey Doyle Proofreader: Sumita Mukherji Indexer: Julie Hawks Interior Designer: Ron Bilodeau Cover Designer: Monica Kamsvaag Illustrator: Robert Romano Printing History: November 2009: First Edition. While every precaution has been taken in the preparation of this book, the publisher and author assume no responsibility for errors or omissions, or for damages resulting from the use of the information contained herein. This book presents general information about technology and services that are constantly changing, and therefore it may contain errors and/or information that, while accurate when it was written, is no longer accurate by the time you read it. Some of the activities discussed in this book, such as advertising, fund raising, and corporate communications, may be subject to legal restrictions...
Words: 6895 - Pages: 28
...9-509-049 REV: JANUARY 24, 2011 THOMAS STEENBURGH JILL AVERY NASEEM DAHOD HubSpot: Inbound Marketing and Web 2.0 None of [the old rules of marketing] are true anymore. The Web has transformed the rules, and you must transform your marketing to make the most of the Web-enabled marketplace of ideas. — David Meerman Scott, author of The New Rules of Marketing and PR Business was good at HubSpot. Founders Brian Halligan and Dharmesh Shah were thrilled with the progress their young company had made in the two years since they began their journey to convince corporate America that the rules of marketing had changed. To be successful in the marketplace, HubSpot needed to be much more than just a software company. Its founders had to become evangelists, preaching a new way of doing business that would fundamentally change how marketers reached their customers. To their great pleasure, Halligan and Shah were finding a willing audience for their ideas. HubSpot was now considered a thought leader in the Web 2.0 space, coining the term “inbound marketing” to describe marketing strategies and practices that pulled prospective customers toward a business and its products, through the use of Web 2.0 tools and applications like blogging, search engine optimization, and social media. Halligan and Shah realized that their business was at a crucial juncture. They had just reached the noteworthy milestone of 1,000 customers, attaining this level of critical mass by practicing...
Words: 8648 - Pages: 35
...4.1 Excerpt Executive Summary Framework COBIT 4.1 The IT Governance Institute® The IT Governance Institute (ITGITM) (www.itgi.org) was established in 1998 to advance international thinking and standards in directing and controlling an enterprise’s information technology. Effective IT governance helps ensure that IT supports business goals, optimises business investment in IT, and appropriately manages IT-related risks and opportunities. ITGI offers original research, electronic resources and case studies to assist enterprise leaders and boards of directors in their IT governance responsibilities. Disclaimer ITGI (the “Owner”) has designed and created this publication, titled COBIT® 4.1 (the “Work”), primarily as an educational resource for chief information officers (CIOs), senior management, IT management and control professionals. The Owner makes no claim that use of any of the Work will assure a successful outcome. The Work should not be considered inclusive of any proper information, procedures and tests or exclusive of other information, procedures and tests that are reasonably directed to obtaining the same results. In determining the propriety of any specific information, procedure or test, CIOs, senior management, IT management and control professionals should apply their own professional judgement to the specific circumstances presented by the particular systems or IT environment. Disclosure © 1996-2007 IT Governance Institute. All rights reserved. No part of...
Words: 14485 - Pages: 58
...ASIAN STAR Perfection from within Annual report: 2011-2012 Priyesh Dani MMS B Roll no - 105 Asian Star Company Limited Asian Star Company Limited, established in 1971, is one of the world’s leading diamantaires. Its business comprises of diamond manufacturing, jewellery manufacturing and retailing. Having marketing arms spread across three continents – Asia, Europe and America – the company is strongly positioned to serve its valued dientele around the globe. Vision To be a world-class diamantaire enjoying sustainable growth, to maximize the potential of our core competencies and add long-term value to diamond pipeline. Mission We will live each day our passion for innovation and excellence, to create highly desirable diamonds and experiences that surpass our customers’ expectations. Core Values The source of our work ethos and sense of commitment arises from the belief in our core values:- * Integrity * Partnership * Excellence * Responsibility * Unity Company Highlights and Achievements * Awarded 1st for Highest Export – GJEPC in 1992 * National...
Words: 13839 - Pages: 56
...9-710-467 REV: SEPTEMBER 1, 2010 DAVID B. YOFFIE RENEE KIM Apple Inc. in 2010 On April 4, 2010, Apple Inc. launched its eagerly anticipated iPad amid great hype. The multimedia computer tablet was the third major innovation that Apple had released over the last decade. CEO Steve Jobs had argued that the iPad was another revolutionary product that could emulate the smashing success of the iPod and the iPhone. Expectations ran high. Even The Economist displayed the release of the iPad on its magazine cover with Jobs illustrated as a biblical figure, noting that, “The enthusiasm of the Apple faithful may be overdone, but Mr. Jobs’s record suggests that when he blesses a market, it takes off.”1 The company started off as “Apple Computer,” best known for its Macintosh personal computers (PCs) in the 1980’s and 1990’s. Despite a strong brand, rapid growth, and high profits in the late 1980s, Apple almost went bankrupt in 1996. Then Jobs went to work, transforming “Apple Computer” into “Apple Inc.” with innovative non-PC products starting in the early 2000’s. In fact, by 2010, the company viewed itself as a “mobile device company.”2 In the 2009 fiscal year, sales related to the iPhone and the iPod represented nearly 60% of Apple’s total sales of $43 billion.3 Even in the midst of a severe economic recession, revenues and net income both soared (see Exhibits 1a through 1c). Meanwhile, Apple’s stock was making history of its own. The share price had risen more than 15fold since...
Words: 13676 - Pages: 55