Tag: 🔍Insights

  • How to Buy Advertising on Telegram?

    Telegram remains a free messenger, with more than 500 million users all across the globe. It is also an alluring channel for advertisers. Some paid functions were announced in December 2020, and advertisements began to appear on channels with more than 1000 followers in October 2021.

    Pavel Durov, the founder of Telegram, states that “Telegram became the most downloaded mobile app in the world in January 2021. For the last 7.5 years, Telegram has steadily climbed the rankings for popular apps. Since its launch in 2013, Telegram’s user base has grown over 40% each year.”

    According to Telega.io exchange research, the Russian-speaking market capacity of Telegram channels touched $168.9M.

    Did you know that 74.7% of total advertising traffic is allocated among the 10 most popular categories, which include “Business and Finance” (20.1%), “Women’s Section” (9%), “Mass Media” (7.9%), “Culture, Education and Arts” (6.1%), “Sports” (5.9%) and “Internet and Marketing” (5.9%)?

    Daniel Zee, a visionary with Telega.io and the author of the free Telegram promotion video series, talked of introducing advertisements in the messenger. Besides, Pavel Dorov, the Telegram founder has publicly shared the plan to introduce ads on the platform in December 2020. News reported that the first advertisements appeared on Telegram during the first week of November 2021.  

    Why should you post your advertisements on Telegram?

    Telegram paid promotion has been a rage ever since the launch of ads on Telegram. Advertising on Telegram is easy and the most important fact is that the Telegram promotion offers numerous advantages. These are:

    Advertising transactions cost less

    Find a targeted audience cheaper than Instagram and YouTube. You would get access to the same core target group that follows and trusts a blogger that they follow.  

    Native screen allocation and instant message format

    Almost every Telegram subscriber is a reader. Marketing content is allocated naturally, and thanks to instant notifications, the message can’t be lost in the feed, which is something that you always have problems with on Facebook or Instagram.

    A marketing message occupies 100% of the screen space in Telegram, unlike some decent, three-columned sites where it would occupy only 2%. Taking into account a relatively high CPM (Cost Per Mille, meaning cost per 1k of views), such posting conversion is also higher.

    International market entering

    According to App Annie study, Telegram is the most popular in India, followed by Indonesia, and Russia occupies third place. And after that, we have the USA, Malaysia, Spain, France, Germany, Italy, Brazil, Egypt, and UAE. IT entrepreneurs can now promote their products easier and faster, even in most winning markets.

    How do I haggle, write a quality post, and measure efficiency? And what do I pay attention to when choosing a channel?

    How to Pay for an Ad and Manage Paperwork?

    Some Telegram channel owners are self-employed. And the majority prefer remittance: Paypal, Visa/MasterCard, etc.

    If you deal with a channel admin, be sure to compare his username to the one in the channel description. They must match. If they don’t, it can be fraud, which happens rather often. Notice that in order to contact a true channel admin, you should follow a link in the channel description. Never search for it online.

    Legal entities have a bit more trouble posting an ad in Telegram, as they need some confirmation papers. Here, the most convenient and easy way to get confirmation is to use the Ad Exchange services. They offer all the necessary papers to confirm each case.

    How to Write Quality Post?

    It is really important to adapt your content for the channel, and mostly people tend to overlook this part. However, there are admins who rewrite texts following their own unique style, but those aren’t common. In most cases, you should send text ready to post.

    Here are a few pieces of advice regarding text editing:

    –          Create a clear call to action and introduce the link into the text or a button
    –          Think post allocation through (eye-catching heading, bullets, paragraphs)
    –          Make text useful, as it must not resemble an intrusive advertisement
    –          Prepare some quality images
    –          Don’t overuse emojis
    –          Add some attractive offers (a promo code or some free stuff on subscription)
    –          Be sure to remove previews in YouTube videos if you want to increase views
    –          Make text more legible using allocation, italics, and/or listing
    –          Apply software to proofread and finalize the text, as mistakes are irritating

    How to Check Ad Efficiency?

    Checking the advertisement efficiency is vital if you think that you should advertise on a media like Telegram. Here are some of the easy ways you can check Telegram ad efficiency:

    In case you promote other channels

    The core value here is the value of follower acquisition. You pay $50 and you get 25 users; that makes it $2 per subscriber (and it is cheap). There are no pricing standards here, as it depends on the channel, content, topic, and season. Test different channels, and over time, you will understand the cost of a subscriber in your topic.

    In case you have a website or apps to advertise

    Utilize UTM to view some business intelligence, such as the lead amount. However, transferring users from your main platform isn’t the best solution, and it is better to revert to Telegram.

    Firstly, a site can be poorly optimized for mobile access. Secondly, redirection to another site often results in 90% traffic loss. People aren’t particularly happy to move somewhere, especially after receiving dozens of notifications and a message from Mom on top of that.

    What is best?

    Keep in mind that you can sell almost any services or goods via Telegram. A chatbot is a perfect tool for that. Conversion goes up immediately, and statistics provide you with advert feedback (the number of users who launched the bot and use it on a regular basis).

    Telegram First. And this statement holds true for a brand new marketing campaign or a new company. You create a channel first and then a bot for it. Some mobile support sites and apps are to be launched later on when the company (or campaign) is a success.

    You can then launch another channel, transfer all the landing data to it, and add a purchase button.

    How to avoid the wastage of marketing funds?

    You should test your content before posting. Choose 1–3 channels, publish it, and monitor the feedback (subscribers, purchases, clicks, and bot accessing).

    Next, edit the text and try to purchase all the relevant channels. There aren’t many truly quality ones, and posting will still be cheaper than on various other sites.

    If you are not bound by geography, try to purchase your Telegram topic in advance (six months ahead would be great). And neighboring niche purchases are to be stretched ahead for three months. Update your main niches once in 30 days and once in three months in neighboring ones.

    What should those with limited funds do?

    It is the same. Test your post, improve it, and purchase on the 2–3 best channels (pretest them too). Some online services or exchanges will help you compare sites and choose the best there is to offer.

    A lower Telegram ad test funding limit is $1,000 ($2,000 would do better, though). It would enable you to purchase just enough posts to find out whether it is worth following a chosen strategy.

    Use promo code Talky3 to get your 3% Telega.io Ad Exchange discount for:
    — a catalog of 750 pre-moderated, carefully chosen channels;
    — hot deals bot and discounts;
    — free channel analytics before posting;
    — thorough report, confirmation papers, remittance;
    — agency contacts including NDA and procurement conditions and terms.

  • Marketing Strategies of Paytm [Case Study]

    Paytm was established in 2010 and its parent company is One97. Vijay Shekhar Sharma is the founder of the company. Paytm has received a series of funding rounds from popular investors such as the Alibaba Group, Ratan Tata, Mountain Capital, etc. Smartphones with Android, iOS or Windows operating systems have Paytm services available to them.

    What is Paytm?
    Paytm’s Marketing Strategies
    Conclusion

    Full form of Paytm

    What is Paytm?

    Paytm is a leader in the industry of digital payments. Paytm is an Indian mobile app and online service which is used for making payments like recharging your phone or paying your bills and also allows user to transfer money over the Paytm wallet. Debit and credit cards are the modes selected for these transactions. This prompted many to use Paytm as the government concentrated on cashless transactions.

    Paytm or PhonePe: Which One Should You Use?
    The invention of ATM revolutionized the way we exchange and handle money. Andthe advent of digital wallets has put that revolution into oblivion. Why? We nowcarry out transactions without cash or card in our pockets. Digital wallet or UPI (United Payments Interface) was launched in 2015 by the st…

    Paytm or Phonepe, which app meets your requirements

    Paytm’s Marketing Strategies

    Paytm introduces cashless transaction schemes

    The potential market for online marketing as well as cashless transactions has also increased with the growth of mobile phone users in the world. The company has been able to hit the customers with smart phones with its cashless transaction schemes.

    Operating system that supports Paytm
    • Paytm launched ‘Each one, teach one’ to increase cashless payments literacy – Back in 2016,the company had announced Rs. 2100 in scholarship for 10,000 users who help increase digital inclusion and adoption of Paytm and certificates for one lakh further users across all major districts.
    • Paytm had also announced an incentive including Rs. one crore grand prize along with additional prizes like motorcycles, smartphones, laptops and other exciting gifts. All users transacting between 1st December 2016 and 31st March 2017 were eligible to win these prizes.
    • The ‘Scan any QR to pay using Paytm’ scheme has been launched in seven languages which are Bengali, Marathi, Gujarati, Tamil, Telugu, Kannada, and Malayalam.

    Paytm’s Cobranding

    Another USP of the company is co-branding. Brand cooperation with businesses such as Uber and Meru Cabs has been successfully developed. Many more reputable brands have been helpful in getting new customers to use Paytm.

    Top 10 Mobile Wallets in India | Online Payment Made Easy
    The globe is seen slowly paving its way towards a cashless society. Frominvoices to cards and now to mobile wallets, this significant transformation hasreduced the weights of bulky wallets. We can pay for any product, transfermoney, make bill payments, and almost everything to do with money from …

    Top 10 mobile wallets that are in India

    Paytm’s Promotion And Advertising Strategies

    • Newspaper, transit media and television were the company’s offline communication networks. The Paytm promotions also used digital, print media and radio services.
    • Paytm was made a household name, using a phrase from the catchy word “Paytm karo”
    • The company’s online advertisement strategy is focused on bringing visibility everywhere by sharing their ad on Facebook and Twitter, and even sponsored posts on Instagram and at time’s even Snapchat.

    Paytm’s Discount Offers

    • The biggest selling point for paytm was without question motivating people to use the offers that have been run by the company.
    • Add to these the cashback offers and discounts offered by mobile wallets like Paytm, as well as the reward points and loyalty benefits on existing credit and store cards.

    Events sponsored by Paytm

    • The company was involved in sponsoring a variety of events, tournaments, etc. that gave the brand an immense exposure.
    • Paytm is the official sponsor and supporter of India’s cricket team, which would give the brand worldwide publicity and exposure.
    • The company has got 120 seconds of airtime for each match played on the tournament, and the brands popularity increased during the World Cup has resulted in the launch of new TV advertisements during the IPL 8 season.

    Campaigns made by Paytm

    Here is a list of the successful campaigns and partnerships with leading brand run by Paytm:

    Paytm Karo

    This is one of the key announcements that rapidly gained populism. The company has become active in social media. #PaytmKaro is being added to almost every conversation that is being driven on Facebook and Twitter. The ad rolls out some life situations such as money transfer, online shopping, mobile recharge which are made easy by Paytm services.

    Facebook Live

    Paytm has imbibed its customers with details about the value of user account security and how they are protected against hacking. Paytm conducted a series of live Facebook training series, “Paytm Merchant Connect- Training Series” which turned out to be a great success.

    The Soldier Mobile Game

    It’s become a perfect campaign for technology-friendly people and game lovers throughout the world. The match reveals the battle against the dishonest militias of Spartan Paytm troops. The game targets the mission of the company of protecting its users interests.

    Credit cards

    The card’s use was beneficial when the wallet was successfully used by the company. By using the Username and Passwords customers can withdraw money from their wallet reservations.

    Dabbawallas in Mumbai

    Strategic ties between the business and the competent lunch servers in Mumbai City. These messengers only pay through the Paytm App.

    Auto-start of the SMS for a month:

    Paytm continues to send customers reminders regarding payments.  The messages are intended to notify the customer that the digital wallet can be used to make those payments easily.

    MBA contest

    A contest held for students attending MBA courses are invited to produce a video about the use of the paytm application. The winner will be the person whose videos receive the maximum number of likes.

    Conclusion

    Paytm has successfully induced Indians to rely on the use of cash in regular daily businesses. Instead, people in the country prefer to make digital payments for such transactions. There’s one initiative called Aadat Se Azadi or Habit Free. This is achieved by highlighting problems facing people when dealing with cash. It was also stressed why and how people feel insecure when they go out with plenty of cash.

    Paytm – An E-wallet that rules the world of Digital Payments!
    This post has been approved by the organization it is based on. Nearly 1.7 million people in the world are unable to engage in the formalfinancial system. This imposes adverse effects on saving and investments.Cash-based transactions lack transparency and are also typically unsafe. Paytmbrought …

    Paytm’s success story

    FAQs of Paytm’s marketing strategy

    1. How many users does Paytm have?

    More than 150 million people actively use Paytm wallets for making online transactions.

    2. How many merchants have accepted Paytm as mode of payment?

    3 million merchants accept Paytm as a mode of payment.

    3. What is the process of using Paytm?

    Utilizing net banking, credit/debit cards, IMPS or any other way listed on the bank you have to move some money when you are registered with Paytm. In order to pay you scan the cod or type in the number of the vendor.

    4. How can you identify if a store uses Paytm?

    In addition, the blue Paytm logo can easily be identified. The physical presence of the brand is attributed to the presence of stickers, hanged posters, Paytm posters etc helps users to identify if payment can be made through Paytm.

  • Reasons Why These Startup Sectors Bloomed During Lockdown

    In the unprecedented time, where everyone is talking about the economic slowdown and financial difficulties, there have been a few startups sectors that have managed grow exponentially well.

    The Covid 19 pandemic has shaken the world and has brought many business to a halt, although startups have lost their momentum they are already on the path to recover while the newly created trends are expected to see a long term success.

    Nasscom said that 40% off Indian tech startups were forced to halt operation, however the investments and startups have shown resilience and recovered as India saw a rapid shift to digital services and payments. Data from industry tracker Tracxn showed that, investors have put in about $9.3 billion into startups in 2020 despite the Covid 19 pandemic upending many sectors of the economy.

    Ed –Tech
    Fintech
    Health and wellness
    HR tech: Cloud and SaaS
    OTT platforms
    Online Gaming
    FAQ

    How These Startup Sectors Bloomed During Lockdown

    One of the simple explanation for the growth of some section of the startups is the emergence of the “Covid economy” which demands or medical supplies and coronavirus related goods which naturally grew during the pandemic, creating lots of opportunities for new companies to step in and take their share of a rapidly developing market. These companies realize that post Covid 19, this new normal will be accepted as the norm for the remaining in the competitive business.

    For some of these sectors, the new normal would bring in newfound opportunities. A whole new market that was untouched before is now up for grabs. As we are talking of all this, some startups are already working upon the aforesaid scenario. Let’s take a closer look at the startup sectors that are most likely to flourish after the end of COVID-19.

    Lets look at the Sectors that Bloomed During Lockdown

    Ed –Tech

    One sector that continues to grow rapidly is online education. With Covid 19 locking down Indian citizen since the end of March, online education and e-learning platform have become the need of the hour and so has seen an astounding adoption and exponential growth.

    The online education sector is observing a sudden surge and people from all walks of life,  all the Covid 19 affected nations are looking up to alternatives of conventional teaching and learning.

    That’s not surprising, considering that a whopping 1.5 billion students were grounded almost overnight as cities locked down and schools closed. A report by BARC India and Nielsen reveals that there has been a 30% increase in the time spent on education apps on smartphones since the lockdown.

    People are afraid to send their children to places where social distancing is not practiced and hence the ed tech sector is tapping on every possible entity they can.

    Well known EdTech startups of India
    Well known EdTech startups of India

    Ed tech are coming up with solutions that find their usage in various places from universities and schools, to remote employee onboarding, and upskilling to learn new skills and hobbies. Byju’s India earliest Ed tech startup saw 7.5 million new users on its platform since it started offering free access to content. The time spent on its app increased from 70 minutes pre-lockdown to 91 minutes during the lockdown.

    The story is the same for other edtech players in the arena. Unacademy recorded 1.4 billion watch minutes while Toppr saw 100 percent growth in free user engagement in March. While Edtech startups Great Learning said its annual revenue rose 150 percent to Rs 325 crore. The Vedantu platform has also grown exponentially to 6.5 lakh additional learners across K-12 and competitive exams such as JEE and NEET.


    Toppr’s Growth To Becoming A Edtech Competitor During Pandemic
    With the unprecedented times of the Covid 19, the one sector that has seen anexponential growth is the Ed-Tech sector. With the lockdown of many Indianmetropolitan cities since the end March, online education and e-learningplatform have seen an astonishing adoption and growth. This however, is no…


    Fintech

    During the pandemic the demand for contactless solutions has accelerated the employment of fintech services. This growth of the fintech sector helped the users to check for much more personalized, multi optional financial experience and new trends in areas like banking payments, insurtech, etc. Out of 900 plus deals and $11.5 billion total funding raised in 2020, fintech topped the chart with $2.1 billion in funding and 131 in deal counts.

    In such times fintech startups play a pivotal role as they are a perfect option to the stringent and conventional banking systems which sometimes fall short on policies. For small scale enterprise or unemployed individuals who require funds on short notices, these financial entities are the only ray of hope. The pandemic has acted as a booster for the country’s fintech sector giving it the much needed energy and growth trajectory to expand its footprint across the nation.

    According to Inc42 Plus, funding in fintech is expected to grow to $2.7 Bn in 2021. This is why of the 11 Indian startups Unacademy, Pine Labs, FirstCry, Zenoti, Nykaa, Postman, Zerodha, Razorpay, Cars24, Dailyhunt and Glance that became unicorns in 2020, three belonged to the fintech segment. The growth volume stood at 70% from 1.30 billion transactions in December 2019 to 2.2 billion in 2020, while the value of UPI transactions increased 105% from Rs 2.02 lakh crore in December 2019 to Rs 4.16 lakh crore in December 2020.

    Among the leading deals in the fintech sector last year, Flipkart founder Sachin Bansal-owned Navi Technologies led the chart with $398 Mn infusion by Bansal, Gaja Capital, and World Bank’s investment arm IFC, followed by Pine Labs at $300 Mn and PaySense’s acquisition by PayU at $185 Million.


    An Overview Of The Telemedicine Industry In India
    The Covid 19 outbreak has created many challenges on traditional healthcaresystems, as citizens have not been able to consult with the doctors physically. The telemedicine industry is expected to create more than $5.4 billion marketopportunity by 2025. Practo and DocPrime, mFine, CallHealth and L…


    Health and wellness

    The pandemic has pushed health and wellness services online and has resulted in a boom of online health and wellness services such as telehealth tech, remote diagnostics, and monitoring, remote mental healthcare, online fitness, healthy diets, motivational contents, and more. According to a report by Practo, online doctor consultations have increased 500% since March 2020, as five crore Indians are now accessing healthcare online amidst the Covid 19 pandemic.

    Companies like Practo and DocPrime, mFine, CallHealth and Lybrate are some of the leading telemedicine startups, while other small startups are looking to make it in the industry that is currently on the rise. The telemedicine market in India is expected to reach $5.4 Billion by 2025 with a CAGR of 31%. Innovative technologies are allowing health organizations to enhance the access and reduce the burden on hospitals through real time consultation with doctors through smartphones tablets, laptops or PCs.

    Telemedicine will reduce the time of consultations and improve the quality of healthcare services in rural areas, removing many of infrastructural challenges. Telemedicine can also help in reducing the burden on the tertiary hospitals by providing diagnosis and treatment to patients in their own geographical location and reducing chances of patient’s exposure due to hospital visits. While India is already one of the top 10 countries in the telemedicine marketing the world, adoption of a regulatory framework will help the segment grow rapidly.

    Well known telemedicine startups of India
    Well known telemedicine startups of India

    HR tech: Cloud and SaaS

    The rise of HR SaaS and remote working platforms in times of Covid 19 is not surprising. SaaS and remote working tools fall right in the path of success in such times. Businesses are also now understanding the value and operational simplicity that cloud adoption can bring to their IT environments, and various reports forecast a further increase in the use of SaaS solutions in 2021 and beyond. These applications would serve the founding stones for the majority of business operations in the future and a haven for existing ones.

    The covid 19 pandemic has been unable to dampen the interest of investors in Indian startups which offer software as a services (SaaS). According to a report by Brain and company the SaaS firms could capture 7%-9% of the market by 2022, and SaaS companies founded by Indians can reach upto $20 billion in revenue.

    The global SaaS market is estimated to grow to $230 billion in 2022 from $145 billion in 2019. Startups such as Zoho, Druva, Icertis, and Freshworks which breached the $100-million annual recurring revenue (ARR) mark, adding that there is a healthy pipeline of companies.


    Growth Of Indian Gaming Industry During Pandemic
    The Indian online gaming Industry is growing at an exponential rate upon yearand is expected to be worth $1.1 billion by 2021. The industry has experienced adrastic growth at the beginning of 2020 due to the pandemic. When otherbusinesses shut down, the gaming industry got lots of new users. The …


    OTT platforms

    OTT platform have proven to be time and cost effective, provide a more personalized version of the same experience and one can experience these at the comfort of their homes. OTT platforms in India are growing exponentially in the terms of subscribership because of various reasons. Digital India plays a major role in promoting the use of OTT platforms to stream diverse content from all over the world. One of the reason the availability of cheaper smartphones and internet has enabled a large chunk of the population to gain access to online platforms.

    Platforms like Voot, Sony Liv and Zee 5 are OTT platforms developed by existing broadcast channels to remain relevant and to cater to the shift in audience from TV viewership to OTT platforms. However, most of their content on these platforms are the same as the ones broadcasted on TV. With the entry of global players like Netflix and Amazon Prime Video, users are offered a plethora of original content. Hotstar is currently the most popular OTT platform in India according to data from a mobile advertising and Internet service provider.

    Online Gaming

    In India, Covid 19 has taken this sector to the next level as there have been new gaming startups and platform have been reporting increased revenues mainly because of the pandemic. Furthermore, there is an emergence of new industry trends such as e- gaming, fantasy gaming and cloud-based gaming. Additionally, gaming is not only about playing anymore, but it is also about watching. the Indian online gaming Industry is growing at an exponential rate upon year and is expected to be worth $1.1 billion by 2021.

    Winzo games reported three times more user engagement and 30% higher traffic in online mobile gaming. Similarly Paytm First games also reported 200% increase, with 75,000 new users only during the pandemic. Three in every five serious gamers are now playing for around four hours more than before the lockdown. The online gaming industry is still quite an unexplored area in India but the companies that have taken the leap are flourishing and are now expected to grow by 41% in 2021.

    FAQ

    Conclusion

  • 8 Greatest Failed Marketing Campaigns of All Time

    ‘To err is human’ is a very famous quote. Yes! We are humans and we do make mistakes. It doesn’t matter whether you are the CEO of multi-million dollar organisation or a small businessman, things can go wrong. The world has witnessed many failed marketing campaigns. These marketing blunders can be helpful to a budding entrepreneur who wants to start their journey.

    The main reason behind this article is to tell you that doing mistakes is common and will be useful only if you don’t repeat it and learn from it. So, here we have listed some failed marketing campaigns of famous brands.

    Before proceeding, you can check this out to further reduce your chances of failure:

    Failed Startups In India | Why Indian Startups Are Not Successful
    Sustaining a startup is perhaps the most difficult phase for any entrepreneur.While everyone advocates entrepreneurship as a shortcut to mint money and get rich [/richest-person-india-list/], the uncertainty and constant pressure toperform is a huge responsibility even for the toughest of individ…

    8 Greatest Failed Marketing Campaigns

    Failure of Gillette
    Failure of Tata Nano
    Hoover’s Free Flight Loss of $50 Million
    Red Lobster’s All-You-Can-Eat Promotion Failure
    Lifelock – The Story Of An Irony
    McDonald’s Free Treat Offer Failure
    KFC Free Chicken Offer Failure
    Disaster of Panasonic

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    Failure of Gillette

    Gillette is a famous brand but when Gillette launched Vector razor in India, it was one of the biggest failed marketing campaigns in India. Here is where they went wrong. Before launching vector they did some market research and found that in India men had thicker and longer hair as compared to Americans. Keeping that in mind to unclog the razor while shaving they included a plastic piece that could slide down.

    The biggest mistake Gillette did was that they didn’t conduct the research in India. They simply researched with Indian students at MIT. So, they missed out on the biggest problem of Indian men, which is, access to running water while shaving. That is why unclogging the Vector razor while shaving isn’t possible in India. This ultimately led to its marketing failure in India .

    Failure of Tata Nano

    For a middle-class Indian family, buying a brand-new car meant only three options: – Maruti 800, Alto or WagonR. Tata with a dream to provide the happiness of buying 4-wheeler to every family, came out with the cheapest car – NANO worth only INR 1 lakh.

    When Ratan Tata’s Tata Nano was launched it was considered as “the cheapest car” and marketed as one as well. But the word “cheap” prevented it from flourishing. It became one of the greatest failed marketing campaigns in India. It is a great example of famous products that failed in India and that all publicity is not good publicity.

    Failure of Tata Nano - Failed Marketing Campaigns in India
    Failure of Tata Nano

    Hoover’s Free Flight Loss of $50 Million

    It is a common practice of giving an offer on products which are old-fashioned, not in use or gathering dust in warehouses. This American based company which sold washing machines and vacuums began with a marketing promotion in 1992 with an offer to gift trip tickets to Europe on the purchase of $100 or more.

    The company wasn’t expecting a huge response but they were well adorned by a flood of customers all across the world. This led to a whopping loss of $50 million. This shows that even if you want to lure the customer by giving an offer or a discount, make it realistic. This was one of the biggest losses of a failed marketing campaign of all time.

    Why Did Thomas Cook Collapse | A Case Study
    Thoman Cook Group was a British travel company which operated as both, anairline company and a tour and travel firm. The Group was founded after themerger of Thomas Cook AG and My Travel group in 2007. However, the brand “ThomasCook” is 178 years old and was trusted by travelers globally. Recentl…

    Red Lobster’s All-You-Can-Eat Promotion Failure

    You might have witnessed many restaurants where if you finish a special dish within a time-limit, you get a reward at the end of it. This leads to a good attraction of customers because very few can complete this challenge but everyone wants to participate. In 2003, Red Lobster also thought this and launched a promotional campaign named “Endless Crab”.

    The idea behind this was that Red Lobster was sure that people in America would either not be able to sit long just to eat or they would not be able to finish more than  a couple of plates at one go. This is because even though Crab is delicious, it is salty and rubbery making it hard to consume.

    But here is a catch, Red Lobster never met Americans and after a few weeks of the launch, they realised that they were losing money on each order. The average customers were able to eat at least 2 dozen. Not only this, but the US government also capped on the number of crabs hauled from the ocean. This left the company with a net loss of $3.3 million. This definitely makes it on the list of worst marketing campaigns on all you can eat food challenges.

    6 Reasons Why Nokia Failed?
    This post focuses on the reasons why Nokia failed after enjoying unrivaleddominance in the mobile segment for several years. The ferocious and mightytelecom giant Nokia was well known for its products’ hardware and battery life.For years, it was the talk of the town. User satisfaction with Nokia’…

    Lifelock – The Story Of An Irony

    Lifelock is an American company that provides identity theft protection. It was co-founded in 2005 by Todd Davis and Robert J. Maynard. When Lifelock began promoting its services in 2006, they were so confident in their product that, as a symbol of trust, CEO Todd Davis’ Social Security number was displayed on its advertisement.

    In 2007, their security system was breached, and Todd Davis himself became a victim of identity theft. The crime was discovered when a company called on his wife’s cell phone regarding an unpaid debt. Upon investigation, it was found that someone used Todd Davis’ identity and obtained a loan of $500.

    Four months later, Davis’ identity was stolen again. The person who stole it used it to open an AT&T/Cingular wireless account and racked up a sum of $2,390 which remains unpaid. Later, Davis’ identity was stolen 11 more times resulting in losing the trust of people in his company. This proves that ad campaigns about security should not be done lightly and with great precaution or it might just backfire like in this case.

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    Yumist: The start-up that failed to make it big
    We all have come across instances of startups making it big, in fact everybusiness is a startup in the initial stages. There is a lot that goes intoturning those intangible dreams into a tangible reality. The right investment,continuous performance, meeting short-term and long-term targets, all a…

    McDonald’s Free Treat Offer Failure

    In 1984 Olympics, McDonald’s offered free burger, snacks and soft drinks for every medal US win. It worked like this, if a customer buys anything from McDonald  they would get a scratch-off card with an Olympic event on it and if the US wins the customer will get free food.  If the U.S. team won gold in that event, the customer would get a Big Mac. If the team won silver, the customer got french fries and Bronze meant a free soft drink. The motto was “U.S. Wins, You Win.”

    But they didn’t realize that two strong opponents of US in the Olympics, Germany and Russia and other communist countries were not participating in the sports event. This resulting in the US winning 174 medals with 83 gold. This was McDonald’s greatest failed marketing campaign.

    KFC Free Chicken Offer Failure

    Whenever we think of any fast food restaurant, the picture of KFC comes to our mind. But when thinking about failed marketing campaigns by fastfood restaurants, then also the picture of KFC ought to come to mind. KFC’s biggest failure in marketing happened on the popular TV show Oprah. They started an offer, promising viewers a free coupon for a 2-piece chicken meal with two individual sides and a biscuit. The only condition was that the users have to download the coupon from the Oprah website.

    KFC clearly hadn’t done any research before the promotion and here is what happened. Millions of people coupons amounting to 10.5 million coupons downloaded. People from all over the US rushed to the KFC counter to get their free treat. KFC gave away almost $42 million free food but still couldn’t deliver what they had offered. They were then left with no other choice but to apologized to Oprah and their customers. So the moral of the story is to always, always, conduct a thorough market research before launching any marketing campaign.

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    Disaster of Panasonic

    Coming up with product names is admittedly difficult but it is hard to believe that no one realized this mistake before it was out into the world. Panasonic which is a famous electronics brand launched a new PC named “Woody – the Internet pecker”. Woody means male erection.

    To make matters worse, they didn’t realise the mistake and went on to rename it as “Touch Woody” to highlight the touch screen feature of the PC. This is one of the greatest fails done by a brand on naming their products.

    Conclusion

    Even after these failed marketing campaigns, these brands are doing well because they have learned from their mistake. That is what every human being and all the businesses should do. Don’t repeat your mistake, learn from them and keep improving. And always remember that every failure is a door to a new opportunity or idea. And most times fear of failure stops us from creating anything new. So our advise is to do thourough market research and not skip over or skimp on this step as most of these fails could have been avoided with a couple more hours of research or meetings put behind the campaigns. Let us know which failed ad campaign shocked you the most or if you want to add anything else to this list. Untill next time!

    💻
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    FAQ

    Why do marketing campaigns fail?

    Most of the marketing campaigns fail due to a lack of research before the product launch. Other factors that can also lead to failed marketing campaigns are not focusing on the right direction, copying from others, budget, and timing.

    What are the most successful marketing campaigns?

    Some of the most successful marketing campaigns of All time:

    • Idea cellular: What an Idea.
    • Vodafone ‘ZooZoos’
    • Fortune Oil- Ghar Ka Khana.
    • Ariel Matic – #ShareTheLoad.
    • Fevikwik- Todo Nahi Jodo.
    • Surf Excel- Daag acche hain.
    • Coca Cola – Small world.
    • Meri Maggi- Me and Meri Maggi.
    • The “Share a Coke” campaign, Coca Cola.
    • The “Real Beauty” campaign, Dove.

    How do you know when a campaign has failed?

    When a company or brand does not receive the response that they were expecting after marketing their campaign, or when a company loses money from a campaign instead of earning a profit, then it s evident that their marketing campaign has failed.

  • List of All Social Media Platform Banned Donald Trump

    Donald John Trump is the 45th and current president of the United States. The Electoral College confirmed that Joe Biden will be the nation’s next president with 279 votes and Donald Trump with 214 votes. Only some days left in the presidency of Donald Trump. But Wednesday’s shocking events can be traced to the inception of Trump’s candidacy Not only Twitter several other social media platforms banned Donald Trump. Here is the list of social medial platforms that banned Donald Trump.

    Donald Trump
    Donald Trump

    1. Facebook
    2. Instagram
    3. Apple
    4. Google
    5. Discord
    6. Reddit
    7. Pinterest
    8. Snapchat
    9. TikTok
    10. Twitch
    11. Twitter
    12. YouTube
    13. Shopify

    1. Facebook

    Facebook has banned President Donald Trump from the platform “indefinitely” due to his efforts to incite violence at the US Capitol, chief executive Mark Zuckerberg said Thursday.

    Zuckerberg said a one-day ban imposed on Trump’s accounts on Facebook and Instagram was extended because of Trump’s “use of our platform to incite violent insurrection against a democratically elected government.”

    The Facebook CEO told that the risks of allowing the President to continue to use service during this period are simply too great. Therefore, they are extending the block and placed on his Facebook and Instagram accounts indefinitely and for at least the next two weeks until the peaceful transition of power is complete. Facebook CEO also told that the shocking events of the last 24 hours demonstrate that President Donald Trump intends to use his remaining time in office to undermine the peaceful and lawful transition of power to his elected successor, Joe Biden.

    We’ve assessed two policy violations against President Trump’s Page which will result in a 24-hour feature block, meaning he will lose the ability to post on the platform during that time. — Facebook Newsroom (@fbnewsroom) January 7, 2021

    “We believe the risks of allowing the president to continue to use our service during this period are simply too great,” Zuckerberg wrote on his Facebook page.

    2. Instagram

    Instagram banned Donald Trump from posting on his Facebook accounts for at least the next two weeks until the transition of power to President-elect Joe Biden is complete. On Wednesday, Instagram’s parent Facebook did remove the video Trump posted addressing the violence without fully condemning it before taking greater action against Trump on Thursday.

    3. Apple

    On Friday, Apple had warned Parler, which styles itself as a “free speech” alternative to Twitter or Facebook. Parler, the social-media app popular among Trump loyalists and right-wingers, was removed from the Google Play Store late Friday — with the internet giant alleging Parler failed to remove “egregious content like posts that incite violence.” The app faces a ban from the App Store within 24 hours if it didn’t remove content that “encourages illegal activity.”

    Before it was banned from Apple’s App Store, Parler was the No. 1 trending app on Saturday in the U.S. In its response to Apple’s concerns, Parler told the tech company it had been taking violent speech and calls for illegal activity on its app “very seriously for weeks” through a moderation plan put in place “for the time being.” Per Apple’s guidelines, it requires apps to have robust content moderation plans in place.

    “Parler has not upheld its commitment to moderate and remove harmful or dangerous content encouraging violence and illegal activity, and is not in compliance with the App Store Review Guidelines,” Apple told the app company in a notice Saturday.

    4. Google

    In a statement, Google said that “to protect user safety on Google Play, our longstanding policies require that apps displaying user-generated content have moderation policies and enforcement that removes egregious content like posts that incite violence.” It continued, “We’re aware of continued posting in the Parler app that seeks to incite ongoing violence in the U.S.”

    “We recognize that there can be a reasonable debate about content policies and that it can be difficult for apps to immediately remove all violative content, but for us to distribute an app through Google Play, we do require that apps implement robust moderation for egregious content. In light of this ongoing and urgent public safety threat, we are suspending the app’s listings from the Play Store until it addresses these issues.”

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    5. Discord

    Discord has banned a server called “The Donald,” a pro-Trump community linked to banned subreddit r/The_Donald and TheDonald.win. The ban comes two days after a pro-Trump mob stormed the US Capitol, encouraged by President Trump, though Discord says that it has no evidence that the server was used to organize the riots.

    “We have a zero-tolerance policy against hate and violence of any kind on the platform, or the use of Discord to support or organize around violent extremism,” Discord said. “While there is no evidence of a server called The Donald being used to organize the Jan 6 riots, Discord decided to ban the entire server today due to its overt connection to an online forum used to incite violence, plan an armed insurrection in the United States, and spread harmful misinformation related to 2020 U.S. election fraud.”

    6. Reddit

    Reddit has banned a forum dedicated to supporting and promoting Donald Trump citing “repeated policy violations in recent days regarding the violence at the US Capitol.”

    The social news and message board site banned the subreddit group “r/DonaldTrump,” a forum whose members glorified and incited Wednesday’s Capitol Hill violence. Reddit declined to provide more specifics about why the subreddit was removed but did note that its actions against r/donaldtrump were isolated and no other subreddits were banned today. The subreddit was not related to President Trump in any official capacity.

    The r/donaldtrump forum had about 52,000 members before it was shut down. A notice on the page says, “This community was banned due to a violation of Reddit’s rules against inciting violence.”

    “Reddit’s site-wide policies prohibit content that promotes hate, or encourages, glorifies, incites, or calls for violence against groups of people or individuals. In accordance with this, we have been proactively reaching out to moderators to remind them of our policies and to offer support or resources as needed. We have also taken action to ban the community r/donaldtrump given repeated policy violations in recent days regarding the violence at the U.S. Capitol.”

    7. Pinterest

    Pinterest has been limiting hashtags related to pro-Trump topics such as #StopTheSteal since around the November election, a spokesperson said. “Pinterest isn’t a place for threats, promotion of violence or hateful content,” a Pinterest spokesperson said. “Our team is continuing to monitor and removing harmful content, including misinformation and conspiracy theories that may incite violence.”

    Though Trump does not have a Pinterest account, the image-sharing app has reportedly been limiting pro-Trump related topics since around November.

    8. Snapchat

    Snapchat blocked President Donald Trump’s account after pro-Trump rioters stormed the United States Capitol. Snapchat confirmed Thursday that it locked Trump out of the photo-sharing platform amid concerns over his dangerous rhetoric. Trump was suspended from Snapchat amid the riots on January 6.

    Snapchat previously stopped promoting Trump’s account on its Discover page in June 2020. “We are not currently promoting the president’s content on Snapchat’s Discover platform,” “We will not amplify voices who incite racial violence and injustice by giving them free promotion on Discover. Racial violence and injustice have no place in our society and we stand together with all who seek peace, love, equality, and justice in America.”

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    9. TikTok

    Trump doesn’t have a TikTok account. But the president’s speeches that helped incite the mob who yesterday stormed the U.S. Capitol will have no home on TikTok’s platform. The company confirmed its content policy around the Capitol riots will see it removing videos of Trump’s speeches to supporters. It will also redirect specific hashtags used by rioters, like #stormthecapitol and #patriotparty, to reduce their content’s visibility in the app.

    TikTok says that Trump’s speeches, where the president again reiterated claims of a fraudulent election, are being removed because they violate the company’s misinformation policy. That policy defines misinformation as content that is inaccurate or false.

    10. Twitch

    Twitch has disabled President Donald Trump’s account indefinitely following his encouragement of a pro-Trump mob’s attack of the US Capitol on Wednesday.

    “In light of yesterday’s shocking attack on the Capitol, we have disabled President Trump’s Twitch channel,” a Twitch spokesperson said in a statement. “Given the current extraordinary circumstances and the President’s incendiary rhetoric, we believe this is a necessary step to protect our community and prevent Twitch from being used to incite further violence.” The company says it will reassess Trump’s account after he leaves office.

    11. Twitter

    After temporarily blocking his account on the day of the attack, the company pulled the plug permanently on @realDonaldTrump. However, the official account for the President of the United States, @POTUS, remains live. Twitter, finally banned US President Donald Trump’s account on Friday, citing “the risk of further incitement of violence” following the US Capitol Hill siege and the unrest that followed.

    On January 8, 2021, President Donald J. Trump Tweeted:

    “The 75,000,000 great American Patriots who voted for me, AMERICA FIRST, and MAKE AMERICA GREAT AGAIN, will have a GIANT VOICE long into the future. They will not be disrespected or treated unfairly in any way, shape, or form!!!”

    Shortly thereafter, the President Tweeted:

    “To all of those who have asked, I will not be going to the Inauguration on January 20th.”

    These Tweets violate the Glorification of Violence Policy and the user @realDonaldTrump should be immediately permanently suspended from the service.

    Twitter Banned
    Twitter Banned

    12. YouTube

    YouTube has removed several videos that US President Donald Trump has posted on his channel and warned that any channel found to be posting three times within 90 days with false claims on US election results will be permanently removed from the Google-owned video platform.

    “Over the last month, we’ve removed thousands of videos which spread misinformation claiming widespread voter fraud changed the result of the 2020 election, including several videos that President Trump posted on Wednesday to his channel,” Google said in a statement.

    “Due to the disturbing events that transpired on Wednesday, and given that the election results have been certified, any channel posting new videos with these false claims in violation of our policies will now receive a strike, a penalty which temporarily restricts uploading or live-streaming,” it said.

    “Channels that receive three strikes in the same 90-day period will be permanently removed from YouTube,” Google said in its statement.

    Trump’s YouTube channel has 2.68 million subscribers. Following the violence that erupted at the US Capitol after his supporters stormed the building, YouTube has removed most of his videos from the rally he addressed earlier in the day. YouTube believes that those videos alleging widespread fraud in the 2020 elections violated its policies.

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    13. Shopify

    Shopify has removed Trump’s official campaign merchandise from its platform by disabling his online stores, trumpstore.com and shop.donaldjtrump.com. “Based on recent events, we have determined that the actions by President Donald J. Trump violate our Acceptable Use Policy, which prohibits promotion or support of organizations, platforms, or people that threaten or condone violence to further a cause. As a result, we have terminated stores affiliated with President Trump,” said Shopify on January 7.

  • Deloitte Business Model Secrets

    The business model of Deloitte has displayed one of the most dynamic growth trends among the Big Fours since 2016. Deloitte is a global accounting firm – also identified as an auditory and risk advisory organization or a professional services network. The Deloitte network comprises several independent firms internationally that are integrated to offer specialist services to clients.

    The company’s origins can be traced back to the U.K. in the 1840s when it’s founder, William Welch Deloitte started making his name as an independent accountant in the years after the First Industrial Revolution. His early income generated from auditing the accounts of railway companies, eventually becoming an audit giant by the 21st century, thereby, acquiring revenue from all over the world from services in some industry segments.

    Business Segments of Deloitte
    History of Deloitte
    The Business Model of Deloitte

    Revenue Model of Deloitte

    Business Segments of Deloitte

    Deloitte offers a myriad of professional services. The company operates four reputed business segments:

    • Audit Assurance and Business Risk Services – Audit Services involve statutory audit and accounting services, internal auditing, and I.T. control assurance. Enterprise Risk Services involve enterprise risk management, data science and quality, information security/cybersecurity, project risk, and business continuity management services.
    • Consulting – Consists of services for business applications, planning & application, technology convergence and integration, short-term outsourcing, and human capital.
    • Financial Advisory Services – Comprises corporate finance services, involving medicine, forensics, dispute, advisory, valuation, file review, capital projects consulting, and personal/enterprise insolvency services.
    • Tax – Involves global and domestic tax, transfer pricing, tax liability, net and gross asset value, and advisory services.

    History of Deloitte

    In 1845, William Welch Deloitte set up an accounting enterprise in London. In 1896, Charles Waldo Haskins and Elijah Watt Sells established Haskins & Sells in New York, the first distinguished auditing firm to be founded by American accountants. In 1898, George Touche launched his own accounting firm in London, then merged with John Ballantine Niven in 1900 to build Touche Niven.

    Deloitte witnessed enormous growth, and over time initiated operations in the U.S. In 1952, it joined its U.S. segment with Haskins & Sells to form Deloitte, Haskins & Sells. Touche Niven also acquired success, and after subsequent mergers, it became Touche Ross in 1969. By the 1970s, Touche Ross was the third-largest accountancy firm in the U.K., comprising over 74 offices and 450 partners.

    The 1980s underwent significant turmoil in the industry, with economic disasters such as the savings and loan scam that caused escalated scrutiny and threats to revenues. In response to this, Deloitte, Haskins & Sells planned on merging with Touche Ross to boost both their businesses. This wasn’t acknowledged well as Touche was identified as a maverick, while Deloitte was known as stuffy.

    Despite their contradicting patterns, the two decided to merge, completing the deal in 1989 to form Deloitte Touche Tohmatsu Ltd. (DTTL). They both acquired Fortune 500 clients – Deloitte had P&G and G.M., while Touche had Macy’s and Chrysler. Eventually, Deloitte greatly took control, as its chief J. Michael Cook acquired the position of CEO of the new entity. It is now one of the top accounting organizations in the world.


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    The Business Model of Deloitte

    Customer Segments

    Deloitte has a huge market business model, with no distinguished segregation between customer segments. The company offers its services to firms that need consulting and advisory assistance.

    Value Proposition

    Deloitte provides three primary value propositions, namely, accessibility, innovation, and brand/status.

    The company builds accessibility by providing a vast variety of choices. An important element of its strategy is growing through acquisition. This has augmented it to add a huge amount of capacities to its portfolio.

    The company strongly focuses on innovation. It operates Deloitte Innovation Centers, an assortment of programs engineered to bring about creative solutions in different industries. The specific centres are as follows:

    • Deloitte U.S. Center for the Edge
    • Deloitte Center for Energy Solutions
    • Deloitte Center for Financial Services
    • Deloitte Center for Health Solutions
    • Deloitte Center for Regulatory Strategies

    The company has acquired a powerful brand because of its success. It has the second-largest professional services network internationally, concerning revenues and is also one of the “Big Four” accounting organizations, along with EY, PwC, and KPMG.

    Customer Relationships

    Deloitte’s customer relationship consists of an integrated personal assistance nature. Clients receive one-on-one assistance from its employees. That being said, it also has a self-service component.

    The company’s website has a segment named “Detroit University Press” that involves self-help resources like blogs, annual reports, periodicals, magazines, and case studies.

    Key Activities

    Deloitte’s business model comprises building and developing problem-solving services for its customers.

    Key Partners

    Deloitte oversees business alliances with around 45 top-notch firms through which it together engineers solutions and services to assist mutual clients. Significant partners include AT&T, BMC, Cisco, Dell, EMC, Guidewire, Hewlett-Packard Enterprise, IBM, Informatica, Kira, NetSuite, and Salesforce.

    The company also operates the Innovation Partnership Program (IPP) jointly with Singularity University and the XPRIZE Foundation. With the help of this initiative, it allows Fortune 500 senior executives to learn from the brightest minds of Silicon Valley like entrepreneurs, scientists, engineers etc. and motivate them to brainstorm disruptive solutions. The program is membership-based and based on invites. Its partners are Wells Fargo, Tata Communications, Dentsu, Genentech, Dow, Barclays, Google, Caterpillar, and Coca-Cola.

    Cost Structure

    Deloitte possesses a value-driven model, targeting to offer a premium proposition through innovative personal service. Its largest cost driver is primarily the cost of services which is a variable expense. Other significant drivers are sales/marketing and research/development domains, both being fixed expenses.

    Total Revenue of Deloitte

    Revenue Model of Deloitte

    Concerning the revenue model of Deloitte, the company was declared the biggest Big Four accounting firms, globally in 2019. Its position as a global leader is greatly aided by powerful performances in the American areas, with approximately more than half of its total revenue generated in North and South America.

    Deloitte has more than 225,400 employees, spread over 150 countries and territories, working across 20 industries among the other Big Four accounting firms for that specific area. With American clients’ growth, there is a hike in the number of employees: over 150,000 of the 334,800 Deloitte employees globally are employed in the Americas region in 2020.

    Deloitte’s worldwide revenue has exceeded 47 billion dollars in 2020, with over 25.3 billion dollars of it being generated in the U.S.

    Revenue from the Asia Pacific and Europe, the Middle East, and Africa (EMEA) regions accounted for 22.5 billion dollars.

    Lastly, it has several many honors, including recognition as one of the “100 Best Companies to Work For” by Fortune and awarded by Garner for its influence in market shares.


    The A-Z of Siemens Subsidiaries
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    FAQs

    What does Deloitte do?

    Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax, and related services.

    When was Deloitte founded?

    Deloitte founded in 1845.

    What kind of company is Deloitte?

    The international firm is a UK private company, limited by guarantee, supported by a network of independent legal entities. Deloitte provides audit, consulting, financial advisory, risk advisory, tax, and legal services with approximately 312,000 professionals globally.

  • Know why Deloitte Subsidiaries lead the World

    Deloitte is an Anglo-American multinational company providing network services in multiple domains. Headquartered in London, it is one of the Big Four(other three being PwC, Ernst & Young and KPMG) accounting firms and the largest international professional services network as per revenue generation and employee strength. There are over 52 Deloitte Subsidiaries located in various parts of the world catering to different science and society needs.

    The organization was founded by William Welch Deloitte in London in 1845 and expanded its branches into the United States in 1890. It merged with Haskins & Sells to form Deloitte Haskins & Sells and later with Touche Ross in the U.S. to form Deloitte & Touche in 1989. In 1993, the global organization was renamed Deloitte Touche Tohmatsu, later identified as Deloitte.

    In 2002, Arthur Andersen’s practice in Britain and numerous of that firm’s methods in Europe and North and South America announced its merger with Deloitte. Subsequent acquisitions included Monitor Group, a vast strategy consulting business, in 2013. Deloitte is a private UK company, aided by a network of independent legal entities.

    Deloitte provides audit, consulting, financial advisory, risk advisory, tax, and legal services globally with approximately 312,000 professionals. In F.Y. 2020, the network earned a record US$47.6 billion in aggregate revenues. As of 2019, Deloitte is the 4th-largest privately owned company in the United States. The firm has sponsored several activities and events including the 2012 Summer Olympics.

    Although in the U.K., the local firm of Deloitte, Haskins & Sells merged with PwC, Deloitte, Haskins & Sells merged in other countries with Touche Ross, forming Deloitte & Touche.

    Deloitte now identifies the brand under which independent firms globally collaborate to promote auditory, consulting, financial advisory, risk management, and tax services to its significant clients.

    Deloitte Employees 2020
    Deloitte Employees 2020

    Deloitte Business Model Secrets
    The business model [/business-models/] of Deloitte has displayed one of the mostdynamic growth trends among the Big Fours since 2016. Deloitte is a globalaccounting firm – also identified as an auditory and risk advisory organizationor a professional services network. The Deloitte network compris…

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    Essential facts of Deloitte Subsidiaries

    Converging Data
    Global Business Network
    McColl Partners
    HashedIn Technologies – An Indian subsidiary in line

    Converging Data

    Founded in 2013, by Hirst and fellow co-founder Neil Murphy, Converging Data, Australia has since acquired a group of public and private sector clients in the financial sector, healthcare and supply-chain industries, promoting risk and security services in other areas, through the Plunk platform. It specializes in implementing data analytics for business-level risk and operational management, applying Splunk to join I.T. operations, cybersecurity and IoT monitoring.  

    The company merged with Deloitte’s Risk Advisory practice as part of the deal, with nine staff joining in the U.K. accounting firm and managing director Stuart Hirst taking up risk advisory partner professional services firm.

    Lately, the most advanced acquisition continues a robust time of action in the Australian M&A market – up to 200 per cent – including in the professional services and tech space, for Deloitte and its rivals. Along with the Connected Analytics acquisition, the firm also purchased the respective AWS and Microsoft partners- CloudTrek and Mexia, while its competitor EY acquired digital consultancy, Adelphi and ERP.

    Global Business Network

    Global Business Network (GBN) is a pioneering consulting firm that specializes in aiding firms to adapt and develop in an increasingly unprecedented economic environment and a volatile world. Implementing tools and expertise in scenario planning, experiential learning, along with networks of experts and futurists, GBN advised businesses, NGOs, and governments in solving their most challenging concerns and anticipating possible business trends in the future. Before the acquisition of Monitor by Deloitte. GBN was a member of Monitor Group.

    Deloitte purchased all the GBN  assets, omnichannel campaign management and marketing services company. With its headquarters in Greensboro, North Carolina, Decisions is recognized worldwide to solve complex data management and marketing challenges for clients in the retail, e-commerce and eduventure sectors.

    GBN’s abilities are poised to improve Deloitte Digital’s Customer Experience Value (CXv) offering. CXv offers marketers the ability to customize critical touchpoints with their customers, enabling them to enhance their brand equity, profits and eventually add value, through customized, real-time, relevant marketing campaigns.

    McColl Partners

    Founded in 200, by Hugh McColl and six other prominent bankers, McColl Partners is much regarded for its prudent advice and aid to entrepreneurial and institutional customers in examining and executing cooperatives, acquisitions, divestitures, and private capital raising assignments.

    Headquartered in Charlotte, N.C., with additional offices in Atlanta, Dallas and Los Angeles, McColl Partners has ubercool teams catering to client needs across several industries, including retail, industrial, marketing and financial services, health care, automation and technology. McColl Partners’ leading Private Capital Solutions group has helped its clients acquire over $4 billion in senior and subordinated debt. Its Employee Stock Option Plan (ESOP) Corporate Finance practice advises business owners and trustees.

    In 2013, Deloitte Corporate Finance LLC (Deloitte Corporate Finance) purchased all McColl Partners, LLC (McColl Partners) assets, an advisory-based investment bank. A team of around 70 professionals merged with Deloitte Corporate Finance, the Deloitte Financial Advisory Services LLP (Deloitte FAS).

    The inclusion of McColl Partners’ professionals improved Deloitte Corporate Finance’s market level in the United States and its worldwide competence through its access to the member firms of Deloitte Touche Tohmatsu Limited. This transaction also bolsters the top-notch investment banking advisory services that the company fosters its large corporate clients. They acquire strategic mid-sized deals in domestic and international markets and middle-market clients obtaining access to global markets or involved in ‘life event’ transactions.

    HashedIn Technologies – An Indian subsidiary in line

    HashedIn Technologies Pvt Ltd is one of India’s pioneering technology firms that specializes in providing Software Modernization and Product Innovation Solutions to its clients. HashedIn Technologies has successfully served 100+ customers since its establishment across continents and has helped launch innovating products faster, interrupting industry functions, and streamline and scale operations.

    Deloitte Consulting has announced HashedIn Technologies Private Limited’s acquisition, leading product development and software engineering firm. This acquisition continues Deloitte’s long-term and strategic investment in improving core engineering capabilities to amplify its deep business domain depth.

    Working with some of the most advanced digital age companies, HashedIn designs market-leading solutions employing cloud-native technologies and improved pod-based delivery. The integration of HashedIn’s services and Deloitte’s levelled digital, cloud, A.I. and cyber forces will deepen the skill to engineer software equipment and intelligent solutions that foster innovation at the edge.

    Conclusion

    Deloitte offers top-notch audit, consulting, tax and advisory services to some of the world’s most reputed organizations, including 80 per cent of the Fortune 500 and more than 6,000 private and middle-market brands.

  • Opportunities, Employment and Future Of Robotics In India

    In one of the most remarkable scenes from Johnny 5, the 1986 classic, “Short Circuit,” surprises everyone with his human-like abilities. The robot was created for Cold War shenanigans, but it had some astonishing qualities that were highly entertaining and sentimental, at the same time.

    The advent of innovative technologies, involving artificial intelligence, machine learning and superlative computing has brought about essential developments for shaping the future of robotics in India. At present, we are at the peak of a revolution through which robots can give us significant freedom from laborious and mundane chores such as cleaning, cooking, or even babysitting.

    Rise of Robotics in India

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    Present Scenario of Robotics In India

    Robots are drastically improving their pace and moving out of controlled environments into homes, healthcare and other public spaces. Researchers are also designing advanced artificial intelligence systems through which robots can be implemented to make policies autonomously. Now, the question arises if India is ready for such a transition?

    Robotic technologies in India are enormously used across various sectors such as astronomy, atomic energy, metallurgy, textiles, automotive, and manufacturing industries. It proved to be a fast-growing field and gave way to various avenues in the recent past. Many experts believe that robotics is best suited for the automation industry, including manufacturing, packaging, and curating. Research suggests that robotics and automation have the same potential as computer systems in bringing about a significant change in India’s industrial aspects.

    Robotics in the automation sector has proved to improve productivity, ensure safety, and augment the end product quality while enabling human employees to take up more value-added responsibilities. Besides, India’s health sector has also begun using robotic technology extensively in operation theatres and even in rehabilitation centers to foster the quality of life.

    General-purpose robots are establishing their presence in the COVID-19 pandemic through their extraordinary abilities in augmenting healthcare. Mitra, a friendly Indian robot, aids COVID-19 patients to make video calls with their families utilising its camera and a video screen on its torso. Mitra can move automatically from the bedside of one patient to another.

    Another robot from Milagrow, a Gurgaon-based firm, is helping to clean and disinfect hospitals. These robots are doing their part in assisting our frontline workers in healthcare and reducing their exposure to the deadly virus. Both patients and healthcare workers seem to have formed a bond with these robots. Some patients don’t wish to leave the hospital premises without clicking a selfie with them.

    Will Robots replace Indians at Work?

    The answer lies in how we plan to implement robots. One method that Indian policymakers should consider is to incentivize robots that aid us in making our jobs more productive, rather than focus on robots that are more likely to replace humans at work. The plausibility of robots replacing humans has been underscored by the United Nations Conference on Trade and Development.

    A 2016 report demonstrated that while robots pose a threat to almost two-thirds of jobs in developing countries, robots will also bring about new work opportunities. Sometime soon, robots can help reduce the labour costs in manufacturing to the extent that industries are likely to be restored from their present offshore low-labour cost locations.

    Robotic-driven “Make In India” initiative

    Hold your horses because the future of India is Robotics

    At the forefront of India’s manufacturing functionality would be the companies with high-end advanced automation technologies. The increasing focus on the innovative initiative, “Make in India”, will shoot up the need for robotics technology. The demand to serve global manufacturing standards and enormous foreign investors’ opportunities will be witnessed soon by Indian robotics industry.

    The government’s flagship programme “Make in India” calls for robotics development in India to be integrated as a critical component for attracting top-notch global manufacturers and creating a highly mechanised and automated supply chain. The ASSOCHAM study has pointed out that robotics is a settled necessity to make India more globally competitive, especially when there are high chances of global auto firms setting their base in India and hoping to export vehicles from the country itself with international standards.

    There is optimism about the future of robots in India and aren’t we all for the day where job postings will consist of the criteria -“should be comfortable working with our human-friendly robots”? We need to innovate and implement an Indian policy on robots to foster a bigger and more developed startup ecosystem to build indigenous robots. If robots still feel alien for some of us, here is a quote from Richard Dawkins’ The Selfish Gene: “We are survival machines — robot vehicles blindly programmed to preserve the selfish molecules known as genes.”

  • PepperTap: Delivery Services that failed to deliver

    Over the years there have been a number of startups which have looked promising initially but ultimately failed to deliver. PepperTap is a 2014 startup that belongs to this category. The online grocery delivery service came up with a great idea, in fact one which is extremely significant in the contemporary world. However, they couldn’t make it work the way would have liked it initially. Let us take a closer look into PepperTap’s journey.  

    PepperTap: A fresh idea in town

    Back in 2014, there weren’t many online grocery delivery platforms as compared to the present day. The competition was really low, but the contenders made sure the market didn’t sway in anyone’s favour readily. Though one can say that the lack of competition can aid a business to fortify its position in the market, this unfortunately is not the case always and PepperTap happened to be one such exception.  


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    The inception of PepperTap can be credited to the idea of saving people from standing in long queues in order to buy groceries. The idea was to get products ranging from groceries and essentials to consumables and condiments delivered right at the doorstep of consumers. Back then the idea was pretty fresh and hence drew a handsome amount from a various investors. Financial backing is crucial for any startup and PepperTap did well to earn that. What they didn’t do quite well was the execution of their plans with the help of that capital.

    The visionaries behind PepperTap
    PepperTap founders Navneet Singh and Milind Sharma

    PepperTap’s Mission Statement and its Outcomes

    PepperTap aimed at providing daily consumables and groceries to households at unbelievable prices. Since their idea and concept were fairly new for the Indian scenario, PepperTap tried to ensure that high prices aren’t one of the reasons for their unsuccessfulness. This lead to them offering extensive discounts and price drops, something which would lure customers but make it difficult to sustain sellers. This proved to be effective initially but in hindsight was draining out the startup’s funds.

    The fact that they didn’t have a proper inventory of their own unlike their competitor (Big Basket) added to their operational costs. PepperTap’s vision cannot be questioned but the way they ended up making hasty decisions is what led them to their downfall.


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    Where did PepperTap fail?

    The failure of PepperTap can be credited to a number of factors but lack of planning and management turned out to be the most detrimental ones. Having started out with ample funds from its investors, While 2015 saw Venture Capitalists support a number of startups, by 2016 the statistics weren’t as favorable for startups. PepperTap was almost on the brink of using up most of the capital it started off with since the expenses were higher as compared to the profits.

    Their expansion strategy was poorly executed amidst shortage of funds. The situations forced them to outsource most of their functional assets and pay for them eventually. This in turn added to their operational costs and eventually lead to the shut down of PepperTap’s services in 2016.


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    There were quite a few speculations regarding the Indian market being used to the traditional ways of buying groceries. The fact that the local Kirana wala offered free deliveries along with discounts to regular customers made them stick to their local vendors. Another aspect which can be considered is the importance of Grocery shopping as a recreational activity for most households. It is a ritual wherein buying groceries is best done in person and is a great way to get some fresh air as well. All these, in hindsight affected PepperTap along with its mismanagement and poor execution which ended them far from being a success story.

  • Netlify Vs Heroku

    Throughout the long term, there has been a sharp expansion in the assortment of PaaS administrations accessible for customers. Netlify and Heroku are two famous specialist co-ops with clients across a different scope of industry verticals. The Netlify Vs Heroku banter seethes on as both the arrangements offer various highlights and evidently various advantages.

    On the off chance that you are pondering which of these two might be reasonable for your association, investigate the data given beneath.

    1. What is Netlify? Evaluating, Features, Advantages
    2. What is Heroku? Estimating, Features, Advantages
    3. Netlify versus Heroku | Comparison

    So let’s start the comparison

    What’s Netlify?

    Netlify works in forefront web facilitating and computerization answers for organizations. It empowers clients to set up sites quickly. Organizations that have a Netlify record can start facilitating their site on the stage. Netlify allows clients to have sites by relocating segments from their PCs onto its web application, or by straightforwardly bringing in their Git vaults.


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    Netlify clients can determine branches to be referred to have when utilizing a git storehouse. They are additionally ready to determine run orders whenever considered significant. Netlify makes a live site accessible to clients immediately through an adaptable space and offers them a liberated from cost SSL. The stage makes it simple for clients to dispatch web ventures with no arrangement and upkeep concerns.

    Netlify Pricing

    Starter – The Starter Netlify bundle is free for singular use. It offers 100GB transfer speed/month, constant arrangement, and extra access highlights.

    Professional – The Pro bundle is estimated at $19/month. It is a group arranged bundle permitting 3 colleagues admittance to 400GB data transmission/month, 1000 month to month fabricate minutes, and a few different highlights.

    Business – The Business bundle is offered by Netlify at costs beginning at $99 every month. It very well may be utilized by in excess of 5 colleagues, offers SLA-driven execution advantages, and as much as 600GB transfer speed/month.

    Netlify vs Heroku
    Netlify works in forefront web facilitating and computerization answers for organizations

    Netlify Features

    Branch sending – Netlify empowers clients to convey in branches, and encourages branch include building, genuine climate testing, and exploring. You can make adaptable branch-explicit organizations with it.

    Relevant form orders – The Netlify PaaS administration allows clients to utilize logical form orders for advancement. Logical orders significantly disentangle the specialized part of custom turn of events.

    Free SSL – Netlify offers simple HTTPs arrangements for custom areas with choices for custom SSL, oversaw SSL, and devoted SSL. Clients can without much of a stretch set up free SSL gave by Let’s Encrypt, which consequently reestablishes every year.

    Netlify Advantages

    Convenience and Simple estimating Netlify is known for its wonderful usability. It saves a great deal of time for clients who require quick custom site facilitating. This advantage can impact your choice with regards to thinking about this stage.

    Quick organization – Netlify venture arrangements are very quick and helpful. The simplified usefulness extraordinarily decreases sending time.

    Streamlined resources – Netlify lets clients consequently enhance venture resources with a scope of cutting edge execution upgrade alternatives.

    Consistent turn of events – The persistent advancement include is enacted naturally for Git archive arrangements.

    Netlify offers simple and free HTTPs arrangements for custom areas

    What is Heroku?

    Heroku is a PaaS stage that offers uphold for a few programming dialects. It presently bolsters Node.js, PHP. Java, Python, Go, Scala, and Clojure. Heroku runs applications in virtual frameworks that can be modified dependent on the prerequisite of customers. The virtual PC frameworks of Heroku are known as dynos. These can be adjusted whenever dependent on the changing necessities of clients. Heroku clients can add more assets through even or vertical scaling.

    Heroku charges clients month to month contingent upon the quantity of virtual PCs they use. This PaaS stage and all applications based on it are completely facilitated on top of AWS. It makes improvement more advantageous and simpler for designers. Clients can use the stage’s natural dashboard to handily perform activities dependent on necessities.

    Heroku is a PaaS stage that offers uphold for a few programming dialects

    Heroku Pricing

    Free – Heroku offers a Free plan that begins at $0. It is appropriate for engineers who are intrigued to send non-business applications, including MVPs, evidence of ideas, and individual sort ventures.

    Creation – The Production plan begins from $25 every month and the expense can go up dependent on extra prerequisites. This arrangement is reasonable for associations that are centered around making business applications including APIs and web applications.

    Progressed – Heroku offers an Advanced arrangement that begins at $250 for organizations with more complex turn of events and convenience needs. It is appropriate for mission-explicit applications with modern capabilities and offers top execution.


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    Endeavor – Heroku likewise offers an Enterprise bundle for clients who are searching for tweaked valuing for their adaptable necessities. This arrangement is most appropriate for enormous associations that have more noteworthy requests for consistence, coordinated effort, and security.

    Heroku Features

    Heroku DX – Heroku DX alludes to an application driven conveyance approach that empowers designers to pick up better concentration and independence from interruptions while making and sending applications.

    Heroku Runtime – Applications on the Heroku PaaS stage are run inside compartments called dynos. Clients get a completely overseen runtime climate with help for code written in a few programming dialects.

    Heroku OpEx – OpEx is a significant Heroku include that empowers investigating and fixing basic issues inside applications. OpEx additionally empowers clients to alter activity streams instinctively.

    Heroku clients can add more assets through even or vertical scaling

    Heroku Advantages

    Adaptable – Heroku dyno holders are advantageous as clients can without much of a stretch recreate them dependent on their asset necessities. Flat scaling is empowered by just clicking a catch and clients can make the same number of cases of their application as required.

    Straightforward – Heroku is favored by clients around the globe for its straightforwardness, which makes it a simple to-utilize stage. It offers a basic interface and simple a single tick arrangements. Delivering new programming renditions is additionally very helpful utilizing Heroku.

    Secure – Heroku makes your applications secure consistently and decreases the requirement for monotonous security fixing. It guarantees total security for your resources paying little heed to how complex your necessities are.

    Netlify Vs Heroku | Comparison

    Netlify is a fit to reason arrangement that will permit designers to quicken site sending and facilitating. It gives consistent coordination apparatuses just as a completely implanted CDN administration. The administration is engaged towards frontend engineers.

    Then again, Heroku is a more nonexclusive stage that permits different kinds of organization (counting site sending) under a huge set o programming dialects (Java, Node.js, Scala, Clojure, Python, PHP and Go). The administration is engaged toward backend designers.


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    Choosing Netlify and Heroku relies upon a few components like:

    • Kind of undertaking being worked on
    • Levels of adaptability you need
    • Financial plan

    Netlify is a computerization stage for web extends that is engaged toward frontend designers. The primary highlights incorporate ceaseless combination out of the case, free SSL, and CDN. The stage is extraordinary of the simple of utilization, quick organization, and constant combination.


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    Heroku causes designers to assemble, run, and work applications completely in the cloud. It is engaged toward backend advancement and permits web/versatile undertakings organization. The primary highlights incorporate pre arranged compartments called Dynos and a completely oversaw runtime climate. Focal points are the adaptability and security conventions.

    The data gave above can assist clients with getting an away from about the possibility of Netlify versus Heroku for satisfying their PaaS prerequisites. The ideal decision will rely upon the task a work in progress, spending plan, and levels of adaptability you are searching for.