Tag: best marketing techniques

  • Zerodha Marketing Strategy – How Zerodha Succeeded Without Advertisements

    If you have a little bit of interest in the equity or stock market, you must have come across the name Zerodha. It is one of the dominant brokerage platforms that facilitates five million+ orders daily.

    To be very honest, after the 2008 financial crisis, many big corporate houses have faced colossal losses. The stock market was at its worst, and many people lost their faith in investment.

    The 2008 market collapse was the most significant single-day decrease in modern history. The fallout from this disastrous financial catastrophe washed away large portions of retirement savings and had a long-term impact on business, even after the share market had stabilized.

    The recession was the black phase for every country, but then in 2009, the Kamath brothers came up with the idea of Zerodha, which is an online brokerage platform. At that instant, there were many share marketing platforms like Sharekhan and ICICI available in the market, and launching Zerodha seemed to be a foolish move. Because how can you beat the legends but with hope in their heart, they launched Zerodha in 2010 with a small budget of INR 10 lakhs.

    Let’s know all about Zerodha and its marketing strategy in detail.

    The Story Behind Zerodha
    Zerodha Marketing Strategy
    Zerodha’s Unique and Innovative Customer Acquistion Approach
    Zerodha Success Factors
    Why Doesn’t Zerodha Believe in Advertising?
    Things That Make Zerodha Stand Out in the Market

    The Story Behind Zerodha

    Zerodha is a brokerage company situated in Bengaluru, Karnataka. Nitin Kamath created it on August 15, 2010. It is India’s first cheap broker, ushering in a new era in the brokerage sector. In India, Zerodha is the biggest and one of the finest stock brokers. The ultimate aim was to make investing barrier-free, which is why they came up with the name Zerodha.

    The name “Zerodha” is an English-Sanskrit portmanteau word consisting of “Zero” in English and “Rodha” (Barriers or Obstructions) in Sanskrit, to sum up as “No Obstructions.” The name of the company directly signifies the birth of the challenge-free online stock-broking platform that Zerodha is!

    The Zerodha logo features the numeral ‘0’ in a block format, cropped stylishly to form an upward-pointing arrow. This represents the successful path traders can expect when using Zerodha’s platform.

    Do you know that both brothers are listed in the Forbes list of India’s 100 most prosperous 2020? You might be aware of that, but what makes us awe is how they became the most substantial brokerage company in India, with around 10 million users.

    Before founding Zerodha, the company’s co-founder, “Nithin Kamath,” worked in customer service at night and traded during the day. He was exposed to the financial markets by a companion when he was 17 years old, and he has been investing ever since.

    After working full-time for over ten years, he chose to be a broker because he felt the moment had come to offer a distinct type of structured finance service that he had never encountered throughout his trading career. When he initially considered creating Zerodha, he believed that digitalization and a user-friendly platform were highly required. Nithin Kamath further noted that the hefty brokerage costs imposed on trades are one of the reasons why young people are hesitant to begin trading. His goal was to be an internet broker who prioritized people before profits by utilizing cutting-edge technology. That’s the incarnation of Zerodha.


    Nithin Kamath – Founder & CEO of Zerodha | Biography
    Nithin Kamath is a Co-founder of the brokerage company Zerodha and Rainmatter. Know about Nithin Kamath’s education, success story, etc.


    Zerodha Marketing Strategy

    Coming to our next section, where we will shed light on how Zerodha became so popular among people and what their marketing strategy is. Zerodha was launched to give consumers technology-efficient and cost-effective services. Many young users were afraid to try stock investments because of the brokerage charges. Furthermore, the technology used was old and could be a bummer for many of us. Kamath’s brother knew that it was time to change and allure young minds with a service that didn’t require any technological expertise.

    Not only this, he knew that to attract youthful consumers, he had to offer something out of the box. Many of the young customers were put off by hefty commission fees when it came to trading. He took advantage of it, and hence he introduced a zero brokerage strategy. The owners of the company believed that there was no better marketing than word of mouth. They didn’t spend huge chunks of money on the advertisement. Instead, they started focusing on building brand credibility. The next thing they started was educating millennials about trading.


    Zerodha Business Model | How Zerodha Makes Money
    Explore Zerodha’s business model and discover how the leading Indian brokerage firm generates revenue through innovative trading platforms, brokerage services, and investment products, while maintaining a commission-free trading approach.


    Zerodha’s Unique and Innovative Customer Acquistion Approach

    While many stockbrokers still use cold calls and ads to get clients, Zerodha took a different route. It focused on making trading easy, rewarding referrals, and educating users, leading to massive word-of-mouth growth.

    India’s First Zero Brokerage Plan

    Back when all brokers charged a fixed commission, Zerodha broke the norm. It became the first in India to offer zero brokerage on equity delivery trades. This bold move helped them stand out and quickly attract customers.

    Growth Through Referrals

    Instead of spending heavily on ads, Zerodha chose to reward its users. Through its referral program, existing clients earn bonuses for every new person they bring in. Today, more than 60% of Zerodha’s users have joined through referrals, saving the company a lot on marketing.

    Educating Investor Communities

    Zerodha created Varsity, a free learning platform that teaches everything from basic finance to advanced trading strategies. It’s become a trusted resource for anyone looking to learn, helping Zerodha build trust and credibility in the market.

    Zerodha Marketing Success Factors

    The critical factors involved in the success of Zerodha are mentioned below.

    Zerodha Marketing Success Factors
    Zerodha Marketing Success Factors

    Standard Proposition

    The very first marketing strategy was to be crystal clear about everything. Most users don’t trust brokerage services because they involve money. So they considered that thing by being clear about everything. When the company entered the market, many stockbrokers offered irrational prices and non-transparent pricing to clients. Then Zerodha came up with a standard proposition with zero commitments. This worked out well for the company. If you take a look at the FAQ section of the company, you will see the direct response and clear answers admired by most of their users. The company doesn’t believe in confusing its clients.

    Concentrate on New Account Opening

    The second reason for their vast success was putting their minds to bringing in more customers. They didn’t have any relationship managers or dealers. They started focusing on getting a new client. Today, the company has more than 2.3 million clients.

    Number of Active Clients With Zerodha From Financial Year 2014 to 2022
    Number of Active Clients With Zerodha From Financial Year 2014 to 2022

    Referral Program and Business Affiliates

    The strongest pillar of Zerodha marketing is the referral and affiliate programs. Rather than investing in an advertisement, they came up with the idea of giving a commission to their referrals. Many bloggers and YouTubers promote the services through affiliate programs on their platforms, and in return, they earn a commission on every purchase. The referral program helped Zerodha discover thousands of leads that too without any upfront cost.

    Innovation and Technology

    The company understands the importance of change and evolution for growth. They knew how important it is to take advantage of technology and offer something innovative to their client base—that’s why they keep launching applications like Kite, Pi, and much more. The platform was fundamental in the earlier days with minimal features, but then they added advanced features like API integrations, third-party applications, and much more. They keep adding new features so that their consumers won’t lose interest.

    Zerodha Kite
    Zerodha Kite

    Online Engagement and Digital Marketing

    Every business knows how important it is to gain an online presence and engagement. This is why they kept their users engaged on the platform by offering to educate them about blogs and much more. Varsity offers content that educates users, and it brings a chunk of traffic. The importance of digital marketing is that it provides a subscriber base and improves the authority of the domain in the eyes of Google. Also, clients find the service genuine when they gain something in return, such as learning about the stock market or trading.


    Nikhil Kamath Biography: Zerodha’s Dropout Billionaire | Net Worth | Education | Personal Life
    Explore the extraordinary story of Nikhil Kamath, the self-made entrepreneur and founder of Zerodha, as he turned his trading passion into a billion-dollar success story. Explore the success story of Nikhil Kamath, his early life, personal life, his education, family background, childhood, age, career, parents, investments, and much more. Know more about him on Nikhil Kamath Wikipedia.


    Why Doesn’t Zerodha Believe in Advertising?

    The reason for the same is that most users don’t make impulse purchases when it comes to stock marketing. Trading involves investment and the risk of losing money, so the users try to be very cautious and attentive. The following reason why most people prefer to invest in the stock market is because of greed. The greed to double their money. Zerodha analyzed their customer mentality, and they knew if stock marketing became an impulse, it wouldn’t benefit them. So they started shifting their focus to word-of-mouth marketing. Most of the users on Zerodha are recommended by others. Such users won’t lose interest in trading because they want to make the best out of it.

    So, rather than focusing on an advertisement, they start investing in customers.


    Things That Make Zerodha Stand Out in the Market

    The reason why Zerodha is distinct from its users is its approach to educating its users first. Zerodha does not provide stock recommendations, unlike a full-fledged brokerage platform. When new traders enter the site, they first must learn the ropes of the trade. An engaged customer base would be driven by traders’ capacity to comprehend why they are going bankrupt or trade sensibly. In 2015, Zerodha Varsity was developed with the same goal in mind and a blog connection to build interest in the website. In 2019, the Varsity App was released, as well as material in Hindi.

    Later, there were Finception and LearnApp. Finception concentrates on making financial material easy for its users, whereas LearnApp sells finance information to consumers for a fee, including videos handpicked by top fund institution specialists. They’ve been extending their educational goal by using current collaborations.

    Furthermore, unlike the other companies, the Kamath siblings do not impose charges for distribution or trading. Instead, they retain a 10% portion of the earnings from the investment.


    Zerodha Success Story – The Largest Stock Broker in India
    Zerodha is an Indian financial services company founded by Nithin and Nikhil Kamath in 2010. Check out Zerodha’s business model, revenue, profit, and more.


    Conclusion

    That’s all! Here we have mentioned all about the Zerodha marketing strategy. The business model of a company is promising. Their user base is young. The reason behind their success is exceptional products with transparent pricing. However, most of the users were not satisfied with the company’s uptime, and it has been news for the server down issue, but the brothers promised to make the platform more friendly each passing day. Not just this, there has also been news that soon the company will enter the advisory sector too. It would be fun to watch how well this would work out for Zerodha.

    That’s all we have for now. In case we have missed something, please feel free to reach out to us in the comments section.

    FAQs

    Is Zerodha a unicorn?

    Zerodha entered the unicorn club in June 2020 with a valuation of $1 billion.

    Who is the owner of Zerodha?

    Nithin Kamath and Nikhil Kamath are the owners of Zerodha.

    How much does it cost to open a Zerodha account?

    Zerodha charges Rs 200 for online accounts and Rs 400 for offline account opening.

    What is Zerodha Pricing?

    Zerodha Pricing are listed below:

    • All equity delivery investments (NSE, BSE), are absolutely free.
    • Flat Rs. 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades.
    • All direct mutual fund investments are absolutely free.

    What is the number of active customers of Zerodha?

    Zerodha has over 62.77 lakh active customers as of 2022.

    What is Zerodha valuation?

    Zerodha Valuation is $3.6 billion (2023).

  • OYO Marketing Strategy: How Is OYO Positioning Itself to Dominate the Market

    OYO Rooms, also known as OYO Hotels & Homes is the third-largest hospitality chain by room count providing a comfortable room stay and ensuring the acceptability of the services by the OYO’s customers in more than 80 nations. Incorporated in 2013 by Ritesh Agarwal (one of the youngest Indian entrepreneurs, the founder and CEO of OYO Rooms) it has established itself as the fastest-growing network of hotels offline and online.

    Headquartered in Gurgaon, it has expanded its reach worldwide within the span of 10 years and has employed over 17,000 employees globally. However, this is not the only reason why OYO has recorded such a huge success. Its excellent marketing strategy shows that it continues to be a leading hotel chain.

    Oravel to OYO Rooms
    Segmentation, Targeting, and Positioning of OYO
    Marketing Mix of OYO Rooms

    Traditional Marketing Strategy of OYO
    OYO Digital Marketing Strategies

    Ritesh Agarwal started his journey at the age of 17 and is considered to be one of the youngest CEOs in India. In 2011, Ritesh moved to Delhi with the intention of starting his own business. Soon, he started traveling extensively across India and stayed in PGs or budget hotels. These unpleasant traveling and stay experiences led him to launch Oravel Stays in 2012.

    Ritesh has been one of the judges in Shark Tank India since Season 3.

    Ritesh Agarwal - Founder & CEO, OYO Rooms
    Ritesh Agarwal – Founder & CEO, OYO Rooms

    Oravel to OYO Rooms

    Oravel Stays Pvt.Ltd was Ritesh’s first startup. Oravel was designed to enable the listing and booking of budget and premium accommodations.

    It was meant to be a destination for short and midterm rentals for bed and breakfast joints, private rooms, and serviced apartments.

    Oravel was then transformed into OYO Rooms in 2013 when Agrawal realized that a combination of bed and dinner was not sufficient. He proposed to make it an affordable and standardized accommodation.

    OYO rooms are India’s largest branded network of budget hotel chains. It currently operates across 400 Indian cities including major metros, regional hubs, leisure destinations, and pilgrimage towns, and was valued at $9.6 billion in 2022.

    They offer the hotels to their clients and retain a proportion of the profits.

    OYO Rooms is a budget hotel aggregator in India. In order to standardize different measures in each room, OYO Rooms partners up with hotels, including free wifi and breakfast, flat-screen televisions, spotless white bed linens, toiletries with a brand name, 6-inch showerheads, drinking cups, etc.


    OYO Success Story | Founder | Business Model | Funding | Acquisitions
    The growth of OYO is incredible, and the story of its founder is truly inspiring. Know about OYO startup story, history, founder, growth, revenue, funding, acquisitions & more.


    Segmentation, Targeting, and Positioning of OYO

    OYO uses a mix of demographic, geographic, and psychographic segmentation strategies to understand the changing needs of the customers in the competitive market. OYO segments the market in the following manner:-

    • OYO Townhouse targets Millennial travelers
    • OYO SilverKey caters to the needs of corporate travelers
    • OYO Vacation Homes targets people who come on vacation at the beach or a villa on an exotic island
    • OYO Life provides residential space

    Targeting strategy is the cornerstone of the product development process. OYO uses a differentiated targeting business strategy for different product categories.

    • Corporate tie-ups for airline travelers
    • Tours and travels
    • College students or working professionals who are in search of fully managed homes on long-term rentals at an affordable price

    OYO uses a value-based positioning strategy for its customer by providing:-

    • Standardized budget hotels
    • Luxurious productive place
    • Open grass greenery
    • Better room service

    Marketing Mix of OYO Rooms

    As OYO Rooms concentrate on co-branding, they operate differently from OTAs (Online Travel Agency). They state that they are working with zero-to-2-star hotels and guest houses, ‘standardizing’ them and getting them customers through their website and apps. Usually, other hotel aggregators simply connect the customer with the hotel by listing hotels on their website and taking a commission as their revenue. They would work out a deal with the hotels with a minimum order guarantee per month and are able to provide discounted rates and deals on the room rates compared to the rates provided by the hotels directly to a normal guest.

    OYO’s market coverage has swiftly increased because of being listed with travel aggregators like MakeMyTrip, clear trip, and hotels.com. Their aim is to target small business travelers and budget tourists to eminently swift-cash and that works in favor of OYO because revenue gets realized quicker too.

    Product in the Marketing Mix of OYO

    Oyo has a wide range of products and services that they offer to their customer as per their need. OYO Rooms, OYO Hotels & Homes has a multi-brand approach. These include:

    • OYO Townhouse
    • OYO Home
    • OYO Vacation Homes
    • SilverKey
    • Capital O
    • Palette
    • Collection O
    • OYO LIFE
    • YO! HELP

    Promotion/Advertising in the Marketing Mix of OYO

    • OYO prefers to promote via various social media sites such as Facebook, Twitter, Instagram, Pinterest, etc. With its exclusive offerings and reduced costs, OYO uses the digital platform to draw new customers.
    • OYO organizes several online campaigns such as #AurKyaChahiye on YouTube, #OneForEveryone contest, #OYOnauts, Father’s Day Celebration campaign, etc.
    • Many of the promotions have featured artists from Bollywood to make them more appealing. Sonu Sood is the brand ambassador of OYO.

    Brand Endorsement by Sonu Sood

    Pricing in the Marketing Mix of OYO

    • The strategy of OYO Rooms is to attract customers with a lower room price than the hotel’s base price.
    • The primary objective is to provide an unequaled price that suits the user’s budget. The room price varies depending on the location and luxury of the hotel, between Rs. 399 and Rs. 4000.
    • Overall OYO Rooms follows a very sensible approach, aimed at providing rooms with outstanding facilities at a moderate rate and generating customer loyalty.

    Place in the Marketing Mix of OYO

    • Oyo rooms work fully online where one can book the available hotels at an approximate cost either via an app or through online platforms.
    • Once booked with a confirmation one can avail of the service on reaching the booked hotel on a specific date.
    OYO Rooms Online Booking
    OYO Rooms Online Booking

    People in the Marketing Mix of OYO

    • Oyo team comprises 25000 young and professional people who deliver maximum both for the company and individual growth.
    • With a dynamic team, OYO provides excellent customer service, creates a positive experience for its customers, and in doing so markets its brand to them.

    OYO Business Model | How OYO Makes Money
    Discover OYO’s business model and how it makes money through commissions, franchise fees, room bookings, leased properties, and additional services, offering affordable and standardized accommodations globally.


    Traditional Marketing Strategy of OYO

    OYO started with traditional marketing to make people aware of its brand. It used billboards, TV ads, print media, flyers, and even taxi ads, especially in cities and tourist areas. These methods helped OYO reach travelers who were not very active online.

    OYO Billboard
    OYO Billboard

    OYO also focused on local marketing by working with travel agents and sponsoring events. This helped build trust and made OYO a familiar name among different types of travelers. However, while billboards and ads caught people’s attention, they couldn’t engage customers like digital marketing. That’s why OYO later shifted to online marketing, using social media and personalized ads to connect with more people in a better way.

    OYO Digital Marketing Strategy

    OYO has shifted its business model from hotel aggregator to the fastest-growing chain of franchises offering OYO hotels (OYO flagships, townhouses, studio stays Collection O, Premium), living spaces (OYO Life), and workspaces (OYO Workspaces).

    Marketing Approach Adopted by OYO Rooms

    Prices in the real estate sectors are rising day-by-day still OYO has managed to provide the best places to people at an affordable price. The Internet brought the world closer and digital media became a huge marketing platform. In today’s digital and connected world, it is important to stay ahead of the competitors. OYO makes use of a 360-degree marketing strategy. OYO used all forms of digital as well as traditional media to reach its customers. Traditional media include both print and television whereas digital media include Google search ads, social media ads campaigns, and OYO’s own website and app.

    Assi Reach Gaye? | OYO Rooms Official | Roadtrip

    Search Engine Optimization For OYO Rooms

    Search Engine Optimization is done to ensure maximum traffic to the website by using particular keywords that have the highest searches from their customer. They understood their customer’s needs and intentions and updated their website accordingly. This ensured people searching for hotels would be redirected to their website.

    Social Media Marketing Strategy of OYO

    OYO uses Facebook to share location-based posts, promotional posts, and posts related to the detailed progress of the organization. These posts helped people to browse destinations to travel, and regular promotional posts provided customers with offers and discounts, encouraging them to book OYO.

    OYO reposts pictures taken by travelers and users of OYO on their Instagram handle. Along with this strategy they implemented Facebook marketing strategies to Instagram. This strategy leads to an engagement rate and encourages people to tag OYO in their posts.

    OYO Marketing Strategy
    OYO Meme Marketing Strategy

    OYO often works with influencers who create content around travel. This is either done via posts or re-posts. These posts are about the experience these influencers have during their vacations and not about their stay at OYO. The core idea of OYO’s influencer marketing is that you will need a place to stay whenever you go out for a vacation and here comes influencers’ experiences.

    OYO tweets as well as retweets informative content such as award wins and events, news as well and companies’ CSR activities which adds credibility to the brand in a not-so-obvious manner.


    Ritesh Agarwal’s Journey from Oravel to OYO
    Discover the inspiring story of Ritesh Agarwal, founder of OYO, from humble beginnings to global success. Explore the journey of innovation and determination that shaped his remarkable story.


    Conclusion

    OYO is a well-established online portal for hotel bookings in India that can grow tremendously with the right digital marketing practices and the use of resources. The OYO marketing strategies put up in this article are for a better understanding of the reader. And, also to help the reader shape their ideas into creative campaigns that could be utilized in their business.

    FAQs

    What are OYO Rooms?

    OYO Rooms is India’s largest branded network of hotel chains offering standardized rooms to their customers at an affordable price.

    How are OYO Rooms different from online travel agencies?

    When you book OYO Rooms, you get a guaranteed OYO experience across all the hotels unlike an online travel agency or marketplace where end-user service is not standardized.

    What is OYO marketing strategy?

    OYO uses a mix of traditional and digital marketing. It started with billboards, TV ads, flyers, and local partnerships to build trust. Later, it focused on digital marketing, using social media, personalized ads, and influencer collaborations to reach a wider audience.

    Does any payment need to be made at the time of booking?

    Customers have the option to either make an advance payment or at the time of the hotel’s check out.

    I am a hotel owner. How can I partner with OYO?

    In order to partner with OYO Rooms, you have to visit partner.oyorooms.com and fill up a simple OYO rooms registration form by stating your name, mobile number city, and property type i.e. home, commercial, and hotel and click on Become an OYO to submit this form.

    How much does OYO pay to the hotel owner?

    OYO Rooms charges a commission of 22% from its hotel partners. However, this commission does vary according to the services provided by the brand.

    What is OYO full form?

    The full form of OYO is On Your Own.

  • Storytelling in Sales – How to Market Your Product the Right Way (Detailed Guide)

    Remember the tale of the tortoise and the hare; the lion and the mouse and the fox and the grapes?

    Now think of how many times you have been told about any of these stories in your childhood or your whole life. Now think of the table of thirteen. 13×7=?

    You probably remember and know about any one of these stories, even though you never tried to learn them by heart. However, you did try to learn the table of thirteen, and still might have some problem giving a direct answer to the question above. Anyway, the point here is that stories are more memorable as compared to the stats/ data that you tell a person.

    Jerome Seymour Bruner, an American psychologist, in his book titled ‘Actual Minds, Possible Worlds’ estimated that facts are approximately 22 times more likely to be remembered if they are part of a story. Likewise, Researchers at The London School of Business found that people retain only 5% to 10% of information if it consists of statistics alone. But, when they hear a story, they remember 65% to 70%.

    Imagine an inanimate object talking to you, convincing you to get or buy something from them. It is as bizarre as it sounds, but how often do we notice this? So if you are a business dealing with people or working with other businesses, make a mental note of this. Do not make the same mistake committed by many other companies. When thinking of an organization, no person likes to picture a pillar of a building or any other inanimate object persuading them.

    Now, imagine a person telling you their story and why you should buy the item they are selling. What’s in it for you? Leaving you feeling inspired, happy or motivated towards what you just heard. The value it will deliver to you and how it can make your day-to-day tasks easier and better.

    What scenario serves you better?

    Of course the second one. It is imperative to communicate, to convey our messages. But the art of storytelling is not understood by everyone. People are more likely to be responsive when they see a face, feel connected, and know you better.

    The Power of Storytelling
    Why do Brands use Mascots?
    Advantages of Storytelling in Sales
    Elements of a Story
    Communicating Strategically
    Tips to Guide you into the Process of Writing Storytelling in Sales
    Types of Storytelling in Sales
    Tips for Better Storytelling in Sales

    The Power of Storytelling

    How stories work 

    Did you know?

    There are two types of thinking: left-brain thinking and right-brain thinking. Each side controls the corresponding side of your body. One leans towards analytical thinking and the other works with emotions.

    Fun fact: Researchers have revealed that when taking a decision the response is more likely to be made based on emotional appeal.

    Choices are based predominantly on the emotional side of the brain. And what brings out emotions like a well-written story?

    Why do Brands use Mascots?

    Amul Girl- famously known for humour
    Amul Girl- famously known for humour

    To add a human touch. E.g., take the Amul girl; you immediately link her to humour because of the stories told to you through her illustrations.

    Amul Mascot - Kamala Harris
    Amul Mascot – Kamala Harris

    Throughout history, stories have been told in different ways on this planet. We as humans have been telling stories through visuals (in caves), with words (verbally), along the course until people came up with the idea of language giving birth to text. The shifting culture to print and the most recent addition to those in PowerPoint.

    Advantages of Storytelling in Sales

    1. It is a powerful tool that can help you connect adding an authentic touch to your brand.
    2. Your brand stands out more effectively and differentiated.
    3. Establishes your point of difference as a brand.
    4. Gets the job of delivering your brand’s message.
    5. Connects you with your customers.
    6. The audience can recall your brand better and recognize it.
    7. Stories motivate your audience to act.
    8. They facilitate word-of-mouth advertising.

    Garena Free Fire Marketing Strategy: How Free Fire became the Most Popular Battle Royale game
    Garena Free Fire is a free battle royale game and is one of the most downloaded mobile game. Here’s how it marketed itself to become one of the most successful game in India.


    Elements of a Story

    Before diving into storytelling in sales, you must know the basic elements of a story itself.

    Five Elements of a Story
    Five Elements of a Story

    Exposition

    This begins your story. Create a setting, a world, where your characters live, be it space, a jungle, or the contemporary world. Who are your characters? Who is the main character? What is the background of your characters that the audience would know about? What is the problem that the main character is facing? The conflict.

    Rising action

    Rising action drives the story forward. If there is a problem then it needs to be addressed; if nothing is done about it, your story can’t move forward. This is the part where the main character makes their move or performs any sort of action that will help solve the problem. This leads us to the next part, i.e. the climax.

    Climax/The turning point

    This is the turning point, during the climax; the emotions are on high alert. So you can take the lead of the story and decide what sort of choices your character makes that makes the audience on the edge of their seats. The challenges are thrown at the protagonists.

    Falling action

    As the climax, the action here is not as enthralling. Remember, you need to give your audience a break. You know, the story is close to its conclusion when the action falls. In either case, the falling action will have a part where the problem is solved or a completely new problem emerges for your protagonist.

    The Resolution

    Here comes the part of your story where it ends, and it all makes sense, all the questions are answered and the journey of character development is complete. There are two possible endings: a happy ending, or continuation, which would mean another part, but it’s entirely up to you. You control the narrative and you are the captain of the ship.

    Communicating Strategically

    Communication, if not done strategically, is a waste of effort.

    Have a Goal

    Talking without purpose or having a predetermined aim will get you nowhere. Know what you want to talk about, what is it that you want your audience to know? Do you want to inform them about something? Or make a connection? Identify the purpose of your story, be it in any form. It will help you get where you want to go.

    Know your Audience

    Maybe this does not sound as significant to you right now. But would you not agree if I told you that there is a difference between the way you speak to your kid vs the way you speak to your boss? The tone for the first example will be empathetic or strict, and you definitely would not use the word “AIDA” (Attention – Interest – Desire – Action) around your child, throwing jargon from the advertising world. Simply because they would not know the meaning of it in the first place.

    On the other hand, while you are talking to your boss, your tone would sound more professional and you might use business-related terms like “creative brief” or “advertorial” if you work in an advertising agency.

    Now you see how knowing your audience helps and the importance it holds when communicating with others. Teenagers will understand the slang while senior citizens won’t. Know your audience before you tell your story. Your message will be clear and delivered so that your audience perceives it exactly as you intend.

    Answer the question “What’s in it for me?”

    The purpose is what drives people to act. What is the importance of what you sell in their lives? The spark that differentiates you. Show them how you stand out. What is the unique value that your company is offering that no one else is? This also helps to establish common ground.

    Give a Reason: why?

    People don’t like to be told to do something unless you give them a reason. Why should they need what you are offering? Why should they buy it? So if they decide to purchase your products, what do they get? Why should they buy it? If you do not communicate the need, the communication barriers will remain unaddressed and your audience will get by using your product or service.

    If you are creative enough, you can also create a need or a want for your product in your audience’s mind. Communicate.


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    Tips to Guide you into the Process of Writing Storytelling in Sales

    Clip from The Art of Business Storytelling by Ameen Haque
    1. Use the correct medium: know what medium you are writing for the tone, and the length of the copy will depend on this.
    2. Set a background theme and choose your characters.
    3. Have a clear beginning, middle, and end.
    4. Find common ground: make the situations and characters in your story relatable.
    5. Use cliffhangers to create suspense or catch their attention.
    6. Human touch is significant because it makes your advertisement feel more human.
    7. Make sure you arouse these three hormones:
    • Dopamine: It is responsible for evoking feelings of elation and excitement. Make your audience more focused, attentive and creative as well.
    • Oxytocin: This induces feelings of lowering stress, making them more relaxed, and creating warm and fuzzy feelings. Which could result in making your audience trust you, more, bond with you and allow them to be more sharing with you.
    • Endorphins: Endorphins create feelings of well-being and euphoria.

    Types of Storytelling in Sales

    Agitate – problem – solve

    Most businesses use these types of storytelling in Sales. Describe the problem and resolve it. Agitate- problem- solve. In this type of story, the organization begins by showing the problem that the consumer faces. And it is made known to the consumer that their pain is heard and seen. Invoking the emotion of empathy towards the customer. And finally, the problem is solved by showing how your product solves the customers’ issue.

    Use Analogies, Similes and Metaphors

    Using these poetic devices makes the stories creative in a good way. Use an analogy to explain your point. Explain the idea or the concept when comparing two things which are alike.

    Metaphors are used more poetically, directly comparing two things. Whereas simile will use words like as and like to make comparisons. These help you cut through the noise and simply deliver your complex message.

    E.g. “As well as normalize conversations about periods to the extent that it’s as normal as discussing last night’s dinner.”

    One of the lines said by Anjali Suaran on the Main Hoon Yuvaa podcast makes us realize how much periods as a topic is still a taboo topic to talk about.

    Consumers testimonials

    Where do you turn if you need advice? To someone who has had experience in an area and has expertise. That is why we have experts, mentors and guides that we know will have the answers to our questions. People that you can trust. Building trust is not an easy job.

    Customers hesitate before they try out your product or the service that your company is offering. This is where consumer testimonials come to your rescue and make a good fit for the storytelling tool.

    By having customers who have already used your product and had their needs met, you will have added credibility and trust in your company. Sharing the story of your customers to resonate better and memorials

    You as an organization

    Building a personal connection, communicating your mission and vision, the achievements that you have accomplished so far, how are you playing your part in making this world a better place? What is your backstory? What are the obstacles that you might have overcome in the past while solving problems? Answer any other questions that your consumer might have about you as a brand creatively.

    Be Repetitive and Eventually get back to the Ultimate point

    Facts, a quote from someone who is looked up to, a phrase, or an idiom that is already accepted universally, can sometimes simply do the trick. If people already agree with what you are saying, they are more likely to listen to what you are going to say next.

    Unfold the story with consistency. One cannot have a thrilling opening, a dull middle, and simply just the ending. It is important to balance all the elements of the story, starting with the exposition and ending with the climax. And eventually getting to the ultimate point of making the story come to a full circle.

    Tell your Success story

    A journey matters. Take them from point A to point B, from where you started and where you are right now. Success stories do not have to be limited to your organization; you can also get your employees to share their personal stories. Why they love working with your brand. Why do they do what they do? This will create a positive brand image in your audience’s mind, getting to know you, your people and the success stories.

    Tips for Better Storytelling in Sales

    The Do’s

    • Making consumers’ lives better.
    • Have a clear goal before speaking.
    • Keep it relevant to be impactful.
    • Keep it brief and short.
    • Sell more than just a product or a service.
    • Make them emotionally invested.
    • Remember that you are working with visuals so the show doesn’t tell.
    • Create an ending that makes them act.
    • Show how to solve the problem.

    The Don’ts:

    • Do not tell your audience a long story, They will eventually lose interest in your story.
    • Do not speak without a goal or a purpose.
    • Do not spend too much time explaining the details unless it is really important.
    • Do not focus on you as an organization. Focus on the audience.
    • Do not offend your audience.
    • Do not give false information; it will negatively impact your image.

    FAQ

    How to use storytelling in marketing?

    Tell the story of how you started your business, Share your customers’ stories, Share customer experiences on social media, and share stories of your employees or your company culture.

    What is the 4P of storytelling?

    The 4P of storytelling are People, Place, Plot, and Purpose.

    How is storytelling used in sales?

    Storytelling makes your prospects more meaningful stories humanize your selling.

  • Data-Driven Marketing | How to Use Data-Driven Marketing Process?

    Today, data is said to be the new currency. Big businesses believe data is what fuels monetary stability. That’s why many companies give more preference and energy to collecting the data, even if that makes them stay at a loss for a short period. Likewise, collecting data has become more of a tradition than a process. Because it is almost everywhere to be found. especially in the marketing of businesses.

    Now, this strikes the question, what exactly is data-driven marketing?

    Regardless of coming under the limelight only in the past few decades, data-driven marketing has become an integral part of the functioning of the world. It has refined marketing, making it more cost-optimized, which further proves that the power of data is undeniably crucial.

    As the name suggests, “data-driven” marketing uses data to promote growth and make the right use of resources. Here, it focuses on using the collected data to improve campaign performance. In simpler words, it means justifying every penny spent on marketing by spending marketing expenditure in such a way that it only focuses on the areas that bring in growth.

    How did Data-Driven Marketing start?
    Why is Data-Driven Marketing better than the traditional methods of marketing?
    Hurdles with the Data-Driven Marketing Process
    How to do Data-Driven Marketing?

    What is Data-Driven Marketing?

    How did Data-Driven Marketing start?

    Data-driven marketing was used in the olden times, even before the existence of computers and the internet. Amusing, right? The only different thing was the form of the data and the means of collecting those data.

    People collected data by going door to door, enquiring about the product while tallying and ticking marks. With the help of the internet, the same goal is fulfilled. The same thing is done, but in a way that is hassle-free and does not require going door to door. It has always been a primitive custom; we upgraded it as we upgraded ourselves.

    The present methodology of the entire process attains the same goal, but the customers are filtered as, only specific customers are targeted according to their line of interest filtering out unwanted, irrelevant audiences, unlike the older times.

    Why is Data-Driven Marketing better than the traditional methods of marketing?

    This type of focus marketing was first initiated in the early 1970s and 80s. The power of collecting data for carrying out marketing procedures for a specific product was newly introduced, and people were amused by how powerful the right database is, for a fruitful and efficient personalized marketing strategy. Ever since then, customer communication has become easier with each passing decade.

    “Valid customer data holds the balance sheets of the company”. When we talk about efficient marketing strategy, personalized engagement comes into the picture; this leads to the promotion of the company brand, which is done directly to the correct crowd; this hinders from wastage of funds and increases the return on investment (ROI).

    It eradicates the unsure thoughts and guesswork from the process. One can get a clear idea of customer demographics, choices, and ideas in the customer’s head. Following this pathway, correct and refined customer segments can be captured and targeted.


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    Hurdles with the Data-Driven Marketing Process

    Along with the heap of benefits, the process also comes with many challenging situations at each step of the process. Check out some obstacles that might come your way if you opt for a data-driven marketing process:

    Collection of the right data

    It is highly risky to depend on a single or few sources of data alone. Verification of each piece of data from multiple media is necessary to prove the authenticity of the piece and validate it. One needs the expertise and experience to filter out the most relevant data. Without this as a basis, the chances of making cognitive errors and wasting resources increase exponentially. This is the most important part of the process.

    Reaching the right target

    Having very elaborate data of interest can do more harm than good to the process. The advertisement tends to pop up mostly on the screens of dummy customers, meaning people who have no desire for the description of your data and will just scroll past it. Hence, decreasing your click-through rate (CTR). Overall, this decreases the efficiency of your procedure and lowers the return on investment(ROI).

    Ready, steady, action!

    There is an urge for an emergency while implementing this step: taking the ultimate step and giving the process meaning. It is very important to hit the iron while it’s hot. The quick-changing temptations of the customer influence data-driven marketers. It becomes very essential to keep track of customer preferences and take action immediately and effectively before the data becomes obsolete.


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    How to do Data-Driven Marketing?

    If you are thinking of revamping your marketing process and making it data-driven, then here are some basic things you need to focus on:

    Collection of data

    Collecting data from available sources is a difficult but necessary phase in the process. It provides a location for monitoring good decision-making and successful execution in a variety of advertising tools and industries. The internet, the cloud, and a variety of other platforms store a significant amount of data that consumers provide while using the internet.

    Analysis of data

    Before implementing any type of tool, data-driven marketers have to derive what type of interest they are looking for. This is done through the set of data gathered, refined, modeled, and framed as per the requirement to obtain the right audience set and maximum funds utilization.

    Showing it to the targeted audience

    When data-driven marketers are sure of the demands of the customers, they will be targeting their desired audience in such a way that it connects with their motives and reflects their attention in a manner that fulfills the goal. This way, by following the proper process, you will get amazing results all thanks to data-driven marketing.

    Conclusion

    To further conclude, the marketing processes that are empowered by data promise to solve bigger problems making the job cost-effective and cutting down the wastage of time and energy. There’s the data liberation that exists, which opens up a plethora of possibilities. Also, because of the abundance of data available, every entity now has a deeper understanding of its audience’s consumers than ever before. So, data-driven marketing is certainly the future of marketing, at least as is predicted now!

    FAQs

    What is Data-Driven Marketing?

    Data-Driven Marketing is the process of marketing your brand based on customer information. Customer data is used to predict their needs, desires, and future behaviours, and marketing is done accordingly.

    Is Data-Driven Marketing better than the traditional methods of marketing?

    Yes, Data-Driven Marketing is a more efficient personalized marketing strategy.

    Why is Data-Driven Marketing important?

    Data allows marketers to market their brand to target and capture the correct and refined customer segments.

  • Top 7 Best Fast-Food Marketing Strategies to Grow Your Business

    Fast food restaurants are a type of restaurant that serve fast food that is easy and quick to prepare and serve. Fast food restaurants are the most popular restaurants nowadays as most people today prefer fast foods over traditional food when they step out to eat.

    During current times too, people prefer to order fast foods rather than other food items online through apps such as Zomato and Swiggy. Therefore, it remains essential to adopt correct marketing strategies for Fast Food restaurants.

    Top marketing strategies for Fast Food Restaurants

    1. Create a Website for Your Fast Food Restaurant
    2. Employ Email Marketing
    3. Use Social Media Marketing and Make Your Online Presence Strong
    4. Partner With Food Delivery Apps
    5. Offer a Good and Hygienic Dining Space
    6. Offer Deals to Local Offices and Workplaces
    7. Offer Deals and Discounts to Your Loyal Customers

    1. Create a Website for Your Fast Food Restaurant

    A good website attracts many customers. People will research about your restaurant before ordering something from you or visiting your store and when they go to your website, they must not be disappointed. You should add pictures and videos of cuisines offered at your restaurant so that people are attracted to your business.

    Make use of Search Engine Optimization (SEO) tools so that your website pops up at the tops when someone searches ‘Restaurants near me’ or ‘Fast Food Stores near me.

    Add your restaurant to the Google My Business listing to improve the chances of people finding your restaurant.

    Restaurant recommendation on Google
    Restaurant recommendation on Google

    Add details such as opening and closing hours, contact number, website, etc so that people get to know about your restaurant.

    2. Employ Email Marketing

    This remains one of the most important fast food marketing strategies. There are many tools available online for the creation and sending of good quality commercial emails to your customers.

    Also, in comparison to social media marketing, email marketing can be more personalized and more economic. Almost everyone checks their emails regularly and find these types of personalized emails attractive.

    Zomato Email Marketing
    Zomato Email Marketing

    You can send emails to your loyal customers informing them about offers and discounts. You can send them personalized offers (Just For You!). Such types of personalized offers will attract your customers

    Send them emails regarding changes in the menu and items that are ‘Today’s Special’.

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    3. Use Social Media Marketing and Make Your Online Presence Strong

    If you are marketing your fast food business in 2022, social media is a must. Social Media Marketing (SMM) is the best digital marketing strategy as almost everyone uses social media nowadays. Instagram alone has over a billion active users daily. Therefore, choosing the right social media marketing strategies will help your restaurant to grow.

    Some important tips for your social media marketing strategy are:

    Use paid advertisements offered by social media platforms to reach out to more and more people.

    Collaborate with Food Bloggers

    Collaborate with Food Bloggers and Influencers that can write good reviews about your restaurant. These people have a huge presence on social media and collaborating with them can increase the number of customers of your restaurant significantly

    Be active on social media.

    People are interested in businesses that are active on social media. Post regularly about the dishes you offer to your customers and about offers and deals.

    Respond to your customers

    Reply to every query and complaint by your customers through social media.

    4. Partner With Food Delivery Apps

    This is the only thing that will help run your restaurant during current times as people cannot visit your restaurant to enjoy their favourite meals. This will also help you to reach more people and gather new customers as there will be some people who will get to know about your restaurant through these apps only.

    5. Offer a Good and Hygienic Dining Space

    Although some fast-food restaurants have minimal dining space, it must be good and hygienic so that people feel comfortable sitting there and eating. Some fast-food restaurants such as McDonald’s also provides free Wi-Fi service to their customers.

    McDonald's Free WiFi
    McDonald’s Free WiFi

    If a customer visits your restaurant and isn’t satisfied, he/she won’t visit again. As they say, ‘The first impression is the last impression ’. This, in fact, is true in this case also. Also, maintain a clean and safe working environment for people that work at your restaurant.

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    6. Offer Deals to Local Offices and Workplaces

    If you own a fast-food restaurant you can partner with local offices and workplaces around your area. This will help in the growth of your restaurant especially if your business is new. You can reach out to them and offer them deals to deliver food items at discounted rates for their employees. This will also initiate the process of word of mouth marketing which will lead to an increase in the number of your customers.

    7. Offer Deals and Discounts to Your Loyal Customers

    Show your gratitude to your loyal customer base by offering them special discounts and offers. Offer time-limited discounts. This strategy will attract your loyal customers as well as other people to buy from you.

    Conclusion

    If your marketing strategies are not correct, then your restaurant may not be able to survive in the ever-growing competition in the field of fast-food restaurants. Make correct use of these marketing strategies and see your restaurant reach new heights right before your own eyes.

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    FAQs

    How does fast food attract customers?

    Give Free WiFi to your customers, Provide discounts, Provide music, Partner with food delivery apps, and Employ Email Marketing.

    What are some food marketing strategies?

    Focus on Blogging, Email Marketing, Social Media Marketing, and packaging your product.

    How can I promote my food business?

    Add your business to Google My Business, Leverage social media, Collaborate with Food Bloggers and Offer deals and discounts to your loyal customers.

  • CoinDCX Marketing Strategy – How it Grabbed the Attention of the Indian Audience

    Digital currency is the new reality at present. We are surrounded by different types of digital currency first came payment cards, and then came UPI, and now the thing that is always on-trend, Cryptocurrency. It wouldn’t be long before the big stacks of notes disappear.

    Cryptocurrency has started to grasp the market as well as the mind of the youth. The investments in cryptocurrency are rising day by day. The cryptocurrency was first invented in 2008 by an anonymous individual or a group of people Satoshi Nakamoto. It is a type of digital currency that functions on blockchain technology; it is decentralized and cannot be controlled by any Government or mediator.

    The exchange of cryptocurrency is possible through various trading sites. Amongst all those, there is CoinDCX, where you can do the said job. Now marketing of any kind of business is necessary for the brand to be visible in front of people. A proper marketing strategy has to be set up carefully for the sales and the survival of the business depends on it. In this article, we will talk about CoinDCX’s marketing strategy and how it is making everyone’s head turn towards them. So let’s get started.

    “In cryptocurrency investment, long-term thinkers are less stressed.”

    ―Olawale Daniel

    About CoinDCX
    Features of CoinDCX
    Marketing Strategy of CoinDCX
    FAQ

    About CoinDCX

    CoinDCX was founded in the year 2018 by Neeraj Khandelwal and Sumit Gupta, two graduates from IIT Bombay. The IIT graduates decided to invest in this company after they realize that Bitcoin is creating noise in the market. This is a company that works on providing cryptocurrency-related financial services and deals with cryptocurrency trading networks.

    The company’s main motive is to provide a risk-free, fast, and reliable trading experience to all of its customers. Various types of cryptocurrencies can be exchanged here by traders and it is said to be the largest and safest cryptocurrency exchange platform.

    Features of CoinDCX

    The main features of CoinDCX that are helping the company to attract customers are:

    • It is extremely quick, simple, and easy where one can just start investing in it in just 10 minutes.
    • The safety that it provides to its customers while trading is another significant feature that makes it popular in the world of cryptocurrency exchange platforms. Whatever the investment is, the site ensures to make it safe.
    • The adding and withdrawing of the fund is not time taking and can be done quickly.

    Marketing Strategy of CoinDCX

    Every business depends heavily on the marketing strategy, not only it contributes to increasing the sales of any kind of products or services, but it also makes sure that the business is getting recognized by the people.

    Television Advertisement

    One of the most common mass media is television, through it one can reach a huge number of people, so advertisement here is pretty much a jackpot for any brand. CoinDCX with its shrewd strategy launched its advertisements on TV.

    The ad consists of Bollywood actor Ayushmann Khuranna, who is ensuring how it is safe and easy to invest in cryptocurrency through the CoinDCX app and is asking the audience to install it as it is the future.

    Social Media Advertisement

    Facebook ads are quite common of CoinDCX, in their digital campaign titled #Bitcoinliyakya consists of a woman asking a man who is showing off all his properties, that if he has anyhow invested in Bitcoins, which is an asset that is on-trend right now.

    This ad is somehow making people aware of cryptocurrency and how if you are not investing in them, you are going to miss out on a great opportunity. Not only on Facebook, but the campaign has also launched on all social media platforms.

    Celebrity And Influencers Endorsement

    Apart from Ayushmann Khuranna being its brand ambassador, CoinDCX has roped in various content creators like Ashish Chanchlani who asks people to download CoinDCX and start investing in it.

    Apart from many other YouTubers that are promoting CoinDCX in their channels. Cricketers Surya Kumar Yadav and Prithvi Shaw promote CoinDCX as a safe way to begin investing in cryptocurrency. Celebrities like Nora Fatehi and Gauhar Khan have also taken a part in promoting CoinDCX.

    SEO Strategy Of CoinDCX

    To drive organic traffic to its site they use keywords like coindcx, btc to inr, coindcx login, this is how they generate organic traffic to their website.

    Offers Given By CoinDCX

    CoinDCX Free Bitcoin Offer
    CoinDCX Free Bitcoin Offer

    When it comes to any kind of business, certain offers can make the audience entice. Just like that, it has offered ₹100 worth of Bitcoins to new users the user has to make at least one purchase in a whole month to earn the reward.


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    Conclusion

    With new rules and regulations in the country regarding cryptocurrency plus with the fluctuating nature of it, the future is quite uncertain but trading platforms like CoinDCX with their brilliant marketing strategy are able to attract potential customers to use the trading platform. It assures safety which is one of the most important factors involving digital currency like cryptos. The most interesting part is that in just three years, the company has become the first crypto Unicorn in the country.

    FAQ

    What are the marketing strategies employed by CoinDCX?

    CoinDCX uses television advertisements, social media marketing, and seo to market its brand.

    How does CoinDCX make money?

    CoinDCX makes money by getting deposit fees, withdrawal fees, and trading commissions from exchanging different types of cryptocurrencies.

    Is CoinDCX safe in India?

    CoinDCX is the largest and safest cryptocurrency exchange platform.

  • Patriotic Marketing – How Patriotism has Become the New Marketing Trend in India

    Patriotism is a political ideology. It means an emotion of devotion and a sense of attachment to the homeland. This feeling creates a sentiment of oneness among all the citizens of the country. This quality is quite omnipresent in the world. We love where we are born and that attachment can be seen throughout. We feel like a part of something big and the hope that it brings is immense. That feeling of being united with all other citizens who are sharing the same land and laws is what we call patriotism.

    However, as capitalism grows and more and more businesses are being set up, we can see how the world is changing. It is changing and the little elements are changing too. We see business and advertising penetrate into our daily lives. They are so omnipresent that if we don’t find them, we feel like something is missing. That kind of effect can be seen in every strata. Businesses have changed and manipulated the meaning of patriotism to its benefit. They have now begun using the term for promotions of their product. It truly makes a good combination. This article is just about that, no BS. read on to see how the marketing world innovatively uses patriotism as a promotion mechanism.

    What is Patriotic Marketing?
    Advantages Behind these Patriotic Adverts
    Examples of Patriotic Marketing
    FAQ

    What is Patriotic Marketing?

    The phrase patriotic marketing is that form of marketing when the theme of the marketing campaign aligns itself with the feeling of patriotism. There are slogans, images and catchphrases to lure people and convey a message of pride and honour for the country.

    This new form of advertisement uses that united and pride feeling of the citizens as their face of the marketing campaign. This helps in the wider reach of the campaign and that also ensures that people are connected to the advertisement (emotionally). The intentions are yet to be found but patriotism as a marketing technique works 9 out of 10 times in India.

    It can take many forms and types. It can be promoting the product that is “Made in India”, or the product being made with raw materials from India. It can also use colours to wake up the inner patriot in you. This happens every August when brands start campaigning about independence and freedom.

    Tata Tea Independence day ad
    Tata Tea Independence day ad

    Moreover, they tend to change colours too, to green and saffron and white. The change in colours happens to instil the feeling of patriotism in the citizens and to cash out on the opportunity of the big independence day.

    Advantages Behind these Patriotic Adverts

    There are countless benefits for colouring a brand campaign into the colours of the national flag. The benefits entail some said and some unsaid feelings, it also goes through people’s hearts. This type of marketing has to be very careful in its actions as it can make someone feel bad or offend someone in some way. If done right, it can become the recipe for success for your brand and the product that your brand offers. Let us see on what dynamics, this sort of advertisement helps and why.

    Unity and crowd

    This is the most basic example of why patriotic marketing works. It is the epitome of unity and connectedness in this digital world. Anything that has the ability to unite people will result in activating some sort of crowd work, which leads to more conversion of viewers into customers. Most Indians are patriots and thus most Indians will be moved by this type of marketing campaign.

    Emotional appeal

    There have been countless incidents that have proved that ‘marketing’ works mostly on principles of psychology. Humans are social animals and they love to live in clusters because it is safe and efficient. Emotions originated from being in constant company with others.

    When we see something emotional, our hormones go dancing and we remember that thing for a long time. This is what marketing with any emotional theme does to our brain, it brings the emotional hormones to life and it makes them dance.


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    Examples of Patriotic Marketing

    If you have read this article all this while, then you might be bored of explanations and more explanations. This chain needs to break to save the attention timeout of your brain. Let us now see a few examples to make the topic more clear.

    Tata tea

    This famous phrase “Jaago re” is the campaign aired by Tata tea. Tata is a brand that has a long history and strong goodwill. It has maintained to face the Indian business seas for many decades now. Its history and integrity are as old and strong as India itself. Jaago re is an attempt to wake up India and act in a positive direction.

    Chai or ‘tea’ is the perfect partner for this campaign because it is the most common drink Indians have after waking up in the morning. So, going by that theme, the Jaago re campaign kicked off. The campaign aims to change how people look at India. Their tagline goes like “Chai piyo, soch badlo” which means to look at things from a different perspective.

    As India faces many issues and problems, we cannot deny the fact that we have also done some good work in many areas. It is about perspective and the will to act in a positive direction. Jaago re which means ‘Wake up’ in English is a synonym for ‘Waking up to act’.

    Here’s the campaign. The video entails a protagonist or the lead person giving people chai to wake them up. He says that widely awake people are still sleeping. Upon asking why, He says “If you are not casting your vote on the day of voting and came to watch a film instead, then you’re not awake, you’re sleeping” then comes the tagline that says “Jaago Re” which inspires people to be more than just onlookers onto the development of the country India. The tagline inspires people to volunteer in the process of developing the nation.

    Amul

    There is a big chance that you have already heard that catchy jingle that goes like “Amul doodh peeta hai India”. That literally translates as ‘India drinks Amul milk’. The advertisement campaign shows various colours of India. It shows the various activities young people do, like dancing and playing and running furiously anywhere.

    The youthfulness of the advertisement resembles the youthfulness of the country. The reason is the fact that India is a young nation with an average age of about 28 years. This campaign celebrates the activeness of Indian youth with a catchy jingle that is sure to get on to your mind.

    There is another advertisement that propagates the brand value of Amul. It celebrates the ubiquitous nature of Amul products. The ad shows how Amul can be used everywhere where there is food. ‘The Taste of India’ is a wonderful example of boosting revenues with the promotion in the forms of hope and unitedness.

    Patanjali –

    The brand needs no introduction, Patanjali is the brainchild of Baba Ramdev. Baba Ramdev is probably the most famous yoga guru in India. Also, he is by far the most notable advocate for natural living. With these touchpoints in mind and along with some Indian or patriotic marketing, he came up with the idea of Patanjali.

    Patanjali is now synonymous with every Indian household. It has products that range from hair shampoos to atta noodles and more. All this with the aim of “Swadeshi” or products that are made in India and made for India.

    Their marketing department knows a lot about India. They know the significance of a cow and how animals are mistreated in procuring milk or dairy products. They created a masterpiece campaign that talks about everything, from being made in India, to cow mistreatments, and safe and natural ghee.

    Kajaria Tiles –

    India is an under-construction country, there is always something that is under construction. The spirit of a constructing country propagates many brands that are in the construction business. One of the most iconic names is the “Kajaria Tiles”. They have a campaign named “Desh ki Mitti” which reflects the intentions and emotions of Kajaria.

    It was helmed by Repindia and they roped in Akshay Kumar as the brand ambassador. They made the campaign reflect upon the value that the brand wanted to propose. The tagline went like “Dekh ki mitti se desh ko banate hain” which translates to “Let us build the country with its own soil”. It needs to be noted here that the campaign was highly successful among viewers.

    This advertisement shows how India has turned out to be a super nation and how everyone hopes for the country. It celebrates how we say namaste in an international gathering because we are connected to the roots of our country.

    The fact that Indians love their roots and it literally provides them energy to do more in life is the reason why this advertisement is quite successful. Be it in the field of sports, or war, or scientific advancements, India is not lacking behind in any sphere and we get that power from “Desh ki Mitti” that is “The soil of our homeland”.

    Coca-Cola

    Coca-Cola entered the second largest country on the globe with an advertisement that portrayed “Happiness”. They have constantly tried hard to get going in that direction. It is the most popular soft drink company in India.

    With its advertising around the game of cricket and uniting the different cultures of India, it has come to a point when everyone knows what coca-cola is. Thus, the company enjoys great revenues and nice goodwill. This video can be a good example to show what kind of hope and happiness this brand tries to reflect on its audience.

    The real deal that these guys pull off is the India-Pakistan relation. As we all know that India and Pakistan share a love-hate relationship, brands try to monetize on this too. Coca-Cola has a very famous TVC (TV Commercial) that tries to connect people from India and the people of Pakistan a little closer.

    What they did was that they install a machine in both countries. The vending machines were connected to each other through the internet or whatsoever and would only work when some actions were performed on both sides of the machines. ‘Work’ here means that it will give out free Coca-Cola to volunteers on both sides. So, people were dancing and singing and doodling shapes to get a free cola and meanwhile they felt that they were connected to the other countrymen.

    Paytm

    It would be safe to say that Paytm is the face of the beginning of cashless transactions in India. It is a startup but it does not feel any new, it feels like Paytm was an integral part of payments for years.

    After the demonetisation that happened in 2016, online payments were the most efficient refuge for people trying to transact on a daily basis. It has started a tough fight that is against the problem of payments in India. We face the issue of coins every other day and it is hard to keep a lot of coins (Small denominator notes).

    Paytm started a campaign that prompted people to pay digitally to make transactions a smooth flow. The Indian government also boosted and helped this campaign in its capacity. It was a wonderful and efficient way of translating for everyday essentials and it also struck a chord with citizens. It was titled “Aadat se Azadi”.

    Soon after that Paytm became also vocal for women participation in labour and changing and upgrading Indian payments scenes. They made some advertisements showcasing women’s roles in the economy too.

    Bajaj

    Here is a bonus clip for curious minds. Bajaj made a bike from the metal of INS Vikrant and made headlines along with real cash.

    Do you remember the Bajaj Vikrant motorcycle, the V15? It was marketed as a machine that is built with the metal INS Vikrant. INS Vikrant is the indigenous aircraft carrier that was also the first-ever that was built in India. That bike was and still is quite famous.


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    Conclusion

    Reading the above examples I can quite safely say that Anything can be a marketing campaign. Brands have not left any product that can be marketed in any permutation or combination of different themes. You mix some products with national colours and what you get is a wonderful marketing campaign. Brands do it every time.

    Patriotic marketing goes a long-long way in promoting national pride and the product. It is a topic that everyone is too careful about because it can hurt some sentiments too. However, if done correctly, it can lead to great revenues and good social scores.

    Some brands are too patriotic or they do that for the sake of marketing, we do not know for sure. One thing is sure that the sense of unity and pride or patriotism unites us like nothing else in the world.

    FAQ

    What is patriotism in marketing?

    Patriotic marketing is a marketing technique that involves the use of promotional strategies that convey a sense of national pride.

    How is patriotism used in advertising?

    Brands use patriotism in advertising by using patriotic imagery in their ads.

  • Top Types of Video Ads Marketers can use to Promote their Brand (With Examples)

    It is the day and age of marketing and advertising. Anything from a business to a job needs advertising. Everyone has to advertise to market their products and services.

    The demand for strategic advertising is increasing day by day. Advertising includes television advertising, radio advertising, direct mail, podcast, social media, etc. One of the most popular modes nowadays is video advertising. A video ad intrigues interest among the customers to know about the product and services.

    People are now keener to know about something shortly and interestingly. Thus, video advertising is here to help the owner as well as the customers, in the best possible way. So, if you are planning to promote your brand with the help of video advertisements this is a complete guide for you.

    What are Video Advertisements?
    What are the Types of Digital Video Advertisements?
    Types of Video Ads for Marketing
    Top 6 Video Ideas for Advertisements (With Examples)
    FAQs

    What are Video Advertisements?

    A video advertisement means framing the desired content in the form of a video. It is a way how a company or an organization takes the help of video content to market itself.

    In today’s digital age, video advertising plays a vital role in marketing a product. It helps to present the company’s content in an explaining and interesting manner.

    Video ads help in brand promotions. It displays how-to guides, shares customer reviews, and recommendations, or live stream events. These often appear before, during, or after a video stream on the internet. But now they have taken up the centre stage as well.

    Video ads include web series, explainer videos, unboxing videos, Behind the scene videos, and more.

    What are the Types of Digital Video Advertisements?

    Linear Video Ads:

    It is like age-old television commercials. These also appear before, during, or after the mainstreaming content.

    These ads tend to promote a brand. It can also display new offers or discounts. These ads can also include interactive options for the audience.

    Example- YouTube ads

    Non-Linear Video Ads:

    These ads often include texts and images. Unlike linear video ads, these do not disrupt the user’s content view.

    Non-Linear video ads appear along with the content. These ads should be short, clear, and crisp. These qualities ensure brand promotion without interrupting a customer’s view.

    Example- In-article videos, In-feed videos, etc.

    Types of Video Ads for Marketing

    Interactive Videos:

    These are some of the most popular types of video advertising. The best part is that it helps to increase engagement. It can include options like sign up link, app link, click to know more, etc. Interactive video ads pause the user’s content and occupy the whole screen.

    In-Page Videos:

    These videos do not need a specific video streaming platform. These are placed on the web pages. Such video ads have embedded video players that allow a video to play automatically.

    In-Text Videos:

    In-text video ads are placed within the text. It appears between any two paragraphs of an article. It auto-plays when you reach the video and pauses when you scroll further.

    Event Videos:

    Event Videos help to promote business and motivate the employees. Event videos include a company’s meetings, announcements, social events, and parties. Such videos help in business promotion by highlighting a company’s atmosphere.

    Customer Success Stories Videos:

    It promotes a business by showing its advantages from the customer’s perspective. In this video, customers speak about their successful experience with the brand.

    These type of videos builds trust among the customers. The potential customers can look at the advantages of existing customers. This encourages them to trust the brand and give it a try.

    Q&A Videos:

    Question and Answer videos play an integral role in advertising. It not only promotes a company but also helps the company to know its customers better.

    A company collects questions from customers and answers them in the video. This is a great method of marketing as it builds the customer-company relationship.

    Behind the Scene Videos:

    These videos show the scenes that are not displayed on the face of a brand. How a company works, the fun behind the making process, the inside jokes, and more.

    These videos should be interesting and fun-loving. It helps the customers to feel the company’s atmosphere through a video. Thus, a good way to advertise.


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    Top 6 Video Ideas for Advertisements (With Examples)

    Branded Short film:

    This is one of the most effective video ideas for advertising. You have to create a short story related to your brand. Then you have to include your product or service between the story.

    A story helps the audience to relate to the brand. Thus, a branded short film creates an emotional connection with the audience.

    Descriptive or Unboxing Video:

    If your product or service has many features then this video advertisement is perfect for you. You can make an explanatory video for it. In the video, you can describe how your product or service works, its specifications, and more.

    You can also make an unboxing video. This helps the customers to know about your products on a first-hand basis. Such videos help to build a sense of trust and authenticity among the customers.

    Customer Review Videos:

    Another popular video-making idea is customer review videos. You can ask your customers to send their video reviews about your brand. The customers can share their experience with the brand through videos. These videos develop trust and attract new customers.

    Comic Content Videos:

    We all know that the idea of stand-up comedy is getting more and more popular. These comedians not only make us laugh but also know how to promote a brand in between.

    You can create funny dialogues, stories, or animation and relate them to your brand. It is always a good idea to advertise your business in a fun-loving manner.

    Web Series:

    This idea is effective but also expensive. You can conceptualize a short series revolving around your brand or business. Example- For a clothing store, you can make a series called ‘Diaries of a fashionista’.

    This video advertisement idea can be difficult for conceptualization and production. But it is super quirky and unique.

    Reels, Stories, and Shorts:

    We all know that social media advertising is super lucrative. The customers are all over the social media apps. All these platforms have now introduced short-form videos. These are Instagram reels, Facebook stories, YouTube shorts.

    So, if you want to advertise your brand and attract new customers, this idea is a must. On one hand, you can create these videos yourself. On another, you can pay influencers to make videos for your brand. This is very profitable as you can leverage their audience as well.


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    Conclusion

    Advertising is the most important part of any business or brand. People cannot find time to read and research about brands. They prefer videos over other mediums.

    Videos are more understandable and interesting. This helps the customers to know about a business or brand in a fun and easy way. So, every business should invest in video making for advertisements. Also, it is always better to keep the videos short, crisp, understanding to keep the interest alive.

    FAQs

    What kind of videos are used for marketing purposes?

    An explainer video, product demonstration video, company culture video, behind-the-scenes video and customer testimonial video are some of the videos used for marketing purposes.

    How to Make an Effective Video Ad?

    Your first few seconds are important, make them count, Highlight what makes your brand stand out, and Use a call to action are some of the ideas you can use to make an effective video ad.

    What are the types of advertising?

    Display Advertising, Video Advertising, Mobile Advertising, and Native Advertising are some of the types of advertising.

  • OLX Marketing Strategy | How OLX Captured the C2C e-commerce Market

    Started by Fabrice and Alec. The story of OLX began as these entrepreneurs observed that apps like eBay or Craigslist had no interest in entering the market segment of buying and selling products and services. They took the opportunity and launched OLX as a marketplace. And bang, OLX took a step into the world of developing countries. OLX acquired the 7th position on the Google Play Store in the category of top free shopping with 30 million downloads. A rating of 4.2 stars and is labelled as one of the best local shopping apps in India.

    The top categories in which the app allows its consumers to deal are: MobilesCars and bikesElectronicsReal EstatesFashion

    Features of OLX app
    Marketing Strategy of OLX
    Covid-19 Marketing Strategy of OLX
    FAQ

    Features of OLX app

    • Consumers can buy and sell easily through a smartphone.
    • Discover deals and buy from verified sellers in your neighbourhood.
    • Safely get what you want from home and have conversations with certified sellers, negotiate with them.
    • Manage your chats easily.
    • Get recommendations based on your interest.
    • Manage and edit ads on the go. The app is designed for fun, simple, intuitive, and a great shopping experience. It promises a cutting-edge experience that effortlessly helps you find what you need and sell something new in just seconds.

    Apart from having apps and a website. OLX has its presence on social media, which includes accounts on Twitter, Instagram, and Facebook.

    Marketing Strategy of OLX

    Advantage of a wider reach across the globe

    OLX has a global footprint with 322 million monthly active users (MAUs) using the trading platform. Not only this, the team of OLX itself that includes 11,000+ members are spread over 81 nationalities (countries) making it diverse and having a wide reach; the organization ranks 3rd highest among the global companies in digital footprints.

    Partnerships

    Associated with brands like Property 24, Storia, Otomoto, Obidos and more. Its investors include Prosus Naspers, which is also its parent company. DN Capital, Founders Fund, The Perkins and more. OLX also has venture capital firms.

    The Smart Cost-cutting Infrastructure

    With the consumer market segment that includes people who are interested in buying and selling goods and services, OLX facilities as the marketplace for the same purpose, especially for people outside the United States.

    Enabling customers to strike deals directly between them. Offline also cuts the cost of getting involved for different customer segments for its infrastructure. It is an online platform that makes the process for people involved hassle-free.

    Using digital platforms and other channels

    There is a mix of media including Television ads, blogs that are targeted, having a presence on various social media platforms and digital platforms with its website which makes OLX easily stands out making people aware of its presence along with having its app available on the Play Store and App Store highlighting the fact that it is easily accessible to its users.

    The company has also kept up with change and swiftly moved onto marketing on digital platforms; when the internet started ruling the world, the company gradually adapted its budget from offline marketing to digital platforms.

    They have educated the people on how to use the app addressing the concerns of both the buyers and the sellers with various creative campaigns when entering the new markets, while some of their campaigns like “O Womaniya” and the” 6 Months Break-Up Challenge” relied on consumer insights that the company smartly used to its benefit making them successful.

    Giving a reason to the “What’s in it for me?”

    When the consumer asks the most basic question of “What’s in it for me?” OLX gives them infinite reasons to use it. Being able to filter and choose from across categories ranging from smartphones to tool kits for the user-based application and the website with constantly updating the design and adding useful features for the smooth navigation and enhancing the users’ experience.

    An additional benefit is with the knowledge that OLX has gained as exploring the cultures around the world is resolving the stigma that is usually attached to buying “second hand” goods.

    Driving Click-through rate (CTR)

    OLX positions itself as savvy and experimenting a lot with the new technology to develop visuals and the interface. Which brings new features and tools that enhance the user experience which reflects the dynamic, confidence and bursting with energy, expressing all the optimism and attitude that’s true to OLX.

    OLX leveraged its users according to a new case study which drove their metrics up to 300% CTR (Click-through rate) with the new  “saving a search” feature allowing its users to be notified when a new ad goes live that matches their search.

    The Social and Environmental Impact

    OLX Group is driving the change. It is carbon neutral since the year 2021, creating a positive impact on the environment. The company is also giving back to its communities in India and Brazil, clearly creating a good image for the organization also showing responsibility as a leader.

    OLX Pledge
    OLX Pledge

    Covid-19 Marketing Strategy of OLX

    Never a marketing strategy that has been made to suit all situations, as human dynamics are always changing.

    Tailoring a new tone

    The business observed its consumers silently to understand the changes and the situation. The brand strategically devised a tone that was fit for the ongoing situation during the lockdown. That is reassuring, empathetic, and humorous.

    Giving a message of positivity

    Reminding and encouraging consumers that they can still find ways to do the most even while being at home. Inside the four walls. During the third and the fourth stages of unlocking, the brand also came forward, being socially responsible, lending a helping hand to come to terms with helping people in the stage of acceptance and decluttering.

    Built a campaign around decluttering

    Acceptance and decluttering. Coming to terms with the ongoing pandemic and encouraging consumers to declutter their homes. The campaign centred around the idea of how it helps in mental well-being and builds a stress-free environment.

    Sapna Arora, the chief marketing officer of OLX, India centred her message around:

    Marketers using their moral compass while communicating with consumers.


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    Conclusion

    The business has not lost its sight and is aiming towards its long-term strategy. And being conscious of where they put their money for marketing. As buying and selling online is coming more into view. Having an online presence is the new primary marketing channel for all businesses.

    With its marketing communications, OLX is building trust with its consumers. Encouraging them to follow the necessary protocols laid out by the Government. Maintaining social distancing and practising the right sanitization protocols. Take the advice caring for your consumers and structuring new strategies helps you go further in the long run.

    FAQ

    What type of marketing strategy is followed by OLX?

    Olx focuses its marketing strategy to make people aware of the advantages of buying and selling on OLX. It uses almost every advertising medium.

    What is the target market of OLX?

    The target audience of OLX is young, educated who have good disposable income.

    Why is OLX successful?

    OLX focuses on advertising, It also has made its site easy to navigate and mobile-friendly.

  • Insane Marketing Strategies Successfully Implemented Ever | StartupTalky

    Marketing is, no doubt, the backbone of any company in the 21st Century. And when it comes to big brands, they leave no stone unturned for it. They have a vast research team to calculate the risks first. Then they have a separate marketing department that is always on the go or may outsource it from big marketing agencies. But sometimes, companies come up with some crazy and insane ideas. And surprisingly, when they work, they can do wonders for the company and its sales. So, here are some successful insane marketing strategies examples, some companies did.

    1. Fruit Bursts
    2. You’ll Need It
    3. Smash Your Past
    4. The Drinkable Poster
    5. Pizza Delivery To Space
    Conclusion
    FAQ’s

    List of Best Marketing Strategies

    1. Fruit Bursts

    Pascall is an Australian brand owned by Cadbury. They once reached out to an advertisement company, Coloribus, to create a buzz campaign. Coloribus came up with an idea in which, whoever will join it, will get something. They put up a giant strawberry-shaped balloon filled with Fruit Burst’s candy and a giant pin at a distance, on a billboard. Then, they started inflating the balloon. After setting all this, they asked people to guess the exact time the balloon would burst. Whosoever would guess it precisely right, will get $5000. The website’s traffic jumped to its peak. Everyone signed up and gave their answers. This became a piece of national news and was covered by almost all the media channels. When the balloon burst, everyone looted many candies. Now, this not only made people know about the company and the product but also made people enjoy this contest and have fun. It also increased the website’s traffic.

    2. You’ll Need It

    Not a long time ago, when Apple launched its “old” but new iPhone, Huawei played the game. Huawei gave all the “poor” people in the queue waiting to buy iPhone XS, a power bank, and juice. They offered 10,000 mAh power banks to every person who was there to buy an iPhone. The box of power banks came with a message “Here’s a power bank. You’ll need it. Courtesy of Huawei”. Huawei then tweeted about it and wrote: “see you in London.” In London, Huawei was ready to serve juice to people at the Apple store with the tagline “brain-boosting drinks (with no traces of apple) to recharge minds.” This was a fantastic campaign that made fun of Apple and informed people about the upcoming Huawei flagship device, Mate 20. People might have bought iPhone XS even then, but Huawei was successful in grabbing the world’s attention.

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    3. Smash Your Past

    You might remember it, in 2014, when the first phone of a company, whose name was enough to create a buzz, ll, started a campaign called “Smash your past.” According to the campaign, people have to smash their old phones and make a video. The company will give them a new OnePlus One phone for just $1 that was a flagship phone and can beat phones like the iPhone or Samsung’s S series. They published a list of phones which were eligible for this campaign. This strategy spread all across the globe. And surprisingly, many people smashed their old phones. This gave this company a boost in the market, and now there are several OnePlus phones available in the market, and it is considered one of the premium brand phones.

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    4. The Drinkable Poster

    Who would have never tried or drunk Coca-Cola? Hardly anyone. Coca-cola is a fantastic soda company, but it also does the most creative marketing campaigns. Some time ago, Coca-Cola partnered with the Shazam app and created digital posters in some cities. People have to open the Shazam app, and it will connect to that screen or digital billboard, which is showing a bottle of Coca-Cola. When people make the sound of sipping on their phones, Coca-Cola will start reducing in the screen, making you feel like you are drinking it. It may be childish, but it was creative. And once you do that, you would get an urge to drink Coca-Cola. So, this not only attracted some local media but also increased sales in that particular area. Also, the Shazam app got a pretty good number of downloads.‌‌

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    5. Pizza Delivery To Space

    It doesn’t matter if you are at your home or in space, an essential thing to live for is Pizza. And when we hear the term “pizza,” the first company that comes to our mind is Pizza Hut. In 2001, Pizza Hut delivered a pizza to the International Space Station. They not only spent over a million dollars on this campaign but also did in-depth research on it. In space, the taste buds become dull, which makes any food boring. But there is no word like “boring pizza” in Pizza Hut’s dictionary. They made their Pizza in such a way that the astronauts would love it. This was a publicity stunt led by Pizza Hut to grab attention. It made them the first pizza company to deliver its Pizza to space. The next time you want to order a pizza, you can trust them for providing it on time.

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    Conclusion

    Marketing campaigns are essential for a business’s growth. And they have become so popular these days that most brands depend on their marketing strategies to sell well and earn well. It has become much easier to make marketing campaigns popular with the help of social media. However, if you want to start a campaign, then make sure it is creative enough to appeal to people. Don’t make a drive worth sharing. It will ultimately lead to wastage of efforts, money, and resources or might also result in a lack of existing customers’ interest. The more image, native and attractive your campaign is going to be, the more are people might like it. Nothing can be better if your campaign would be relatable to people’s needs and problems. They will feel more connected. For example, At the time of College admissions, Pepsi put up big billboards having the slogan, “Cut-off is temporary, Swag is permanent,” making the students feel engaged and reinstating the brand’s proposition of “Har Ghoont Mein Swag.”

    FAQ’s

    What is a marketing strategy?

    Marketing strategy is a long-term, forward-looking approach and an overall game plan of any organization or any business with the fundamental goal of achieving a sustainable competitive advantage by understanding the needs and wants of customers. A marketing strategy is a broad strategy that encompasses everything from how a business positions itself, to the creative, the strategic partners, the media relations, and the channels and tactics.

    What are the four basic marketing strategies?

    The four Ps of marketing: product, price, place, and promotion.

    What are key marketing strategies?

    Key elements of a successful marketing strategy

    • Segmentation. Your existing and potential customers fall into particular groups or segments, characterized by their ‘needs’.
    • Targeting and positioning. You should aim to sell to the market segments that will be most profitable for your business.
    • Promotional tactics.
    • Monitoring and evaluation.
    • Marketing plan.

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    What are the marketing strategies to increase sales?

    Strategies to Increase Sales and Revenue

    • People Buy Benefits.
    • Clearly Define Your Customer.
    • Identify the Problem Clearly.
    • Develop Your Competitive Advantage.
    • Use Content and Social Media Marketing to Your Advantage.
    • Sometimes, You Will Have to Cold Call.

    How do you attract customers?

    Excellent Ways to Get New Customers

    • Identify Your Ideal Client.
    • Discover Where Your Customer Lives.
    • Know Your Business Inside and Out.
    • Position Yourself as the Answer.
    • Try Direct Response Marketing.
    • Build Partnerships.
    • Follow Up.