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BCCL (TIMES OF INDIA) SUMMER INTERNSHIP PPT

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BCCL (TIMES OF INDIA) SUMMER INTERNSHIP PPT

  1. 1. SUMMER INTERNSHIP Presentation BY PRINCE KUMAR BM18031
  2. 2.  Executive summary  Objectives of the internship  About the company  Job profile and job role  Research and findings -SWOT Analysis -Brand funnel  Major learning  Recommendations
  3. 3.  Project title : ‘A study on sales and promotion of Times of India in OOH & analysis with competition media house’  Project duration : 8 weeks  Out-of-home(OOH) sales and promotion - outdoor advertising, also known as out-of-home media or outdoor media  Consumers outside their homes  Focused on marketing to "on the go" consumers  Sales takes place on bulk usually  Cost effective – less channel members  Deliver a relevant message with ease and efficiency  Consistency as well as stability when it comes to delivering brand awareness  Advertising formats: Billboards, Street, Roads, Highways, Transit, etc
  4. 4.  The sales and promotion  Hard core sales  Complexity of the distribution channel  The co-ordination of the different channel members  Dealing with the competitors  The consumer behaviour  The team work spirit
  5. 5. Company Bennett Coleman Co & Ltd Type Private Industry Mass media Founded 4 November 1838 (180 years ago) Headquarters Mumbai, Maharastra, India Key people Indu Jain(Chairperson) Samir Jain(Vice-Chairman) Vineet Jain(Managing Director) Raj Jain(Chief Executive Officer) Products Publishing Broadcasting Radio Film Entertainment Web portal MX Player Revenue ₹9,976 crore(US$1.4 billion)(2016) Net income ₹1,292 crore(US$190 million)(2016) Company The Times of India Publisher Bennett, Coleman & Co. Ltd. Type Daily newspaper Language English First issue date 1838 Headquarters Mumbai, Maharastra, India Editor-in- chief Jaideep Bose Sister newspapers The Economic Times Navbharat Times Maharashtra Times Ei Samay Mumbai Mirror Circulation 3,198,449 daily(as of Jul–Dec 2017) Major Competitors -Hindustan Times -The Hindu -The Indian Express
  6. 6. Editor in chief Creative directorExecutive directorManaging director Art directorContributing editors & columnists Copy chief Senior editor Art department assistant Associate art director Photo editor Feature editor Research chief Copy editors Fact checkers News editor Assistant editor Associate editor Staff writer Associate photo editor 39% 19% 11% 17% 5% 5% 4% Market share The Times of India Hindustan Times The Hindu The Telegraph Deccan Chronical DNA Mumbai Mirror
  7. 7.  Mentor - Pranay Roy (Senior sales officer)  Co – guidance - Debopriya Chakrabarty (Senior Manager)  Job role - hard core sales - basically OOH sales - sales and promotion methodology of the various channel members  Achievements - 49 subscriptions of The Times of India - call sheet maintenance of around 600 existing and non-existing customers
  8. 8. A primary research :  Analyse the newspaper reading habit of the readers  Their perception towards the Times of India Research objectives :  Sensitivity towards Price, Quality and Services for newspapers  Important factors affecting the readers  Preference of digital form of news to the traditional medium of news Limitations :  Sample size  Completely relying on the data from the questionnaire  Limited geographical reach
  9. 9.  Around 75% of the total respondents prefer digital news to newspaper.  The highest awareness is with The Times of India newspaper which reflects the effectiveness of sales and promotional strategy  The readers have made The Times of India their most preferred newspaper brand  The readers prefer buying newspaper mostly ‘Through vendor subscription’
  10. 10. S -Widely available -Parent company media platform -Easy brand recall -Has got a city- wise edition publication T -Increased competition from other dailies -Online news medium means reduced circulation W -Publish more celebrity/entertain ment news -Tough competition-limited scope for increasing market share O -Huge opportunity in Regional Languages space -Better usage and interaction with online and mobile mediums 𝑅𝐸𝑃𝐸𝐴𝑇 𝑇𝑅𝐼𝐴𝐿 𝑀𝑂𝑈𝐵 𝑅𝐸𝑃𝐸𝐴𝑇 = 72% = 100% 𝑇𝑅𝐼𝐴𝐿 𝐴𝑊𝐴𝑅𝐸𝑁𝐸𝑆𝑆 = 96%
  11. 11. HOW DO TOI REACH THE POTENTIAL READERS? TRADE  Door delivered copies.  News stand copies.  Wholesalers.  Agents & dealers.  Signal sales. BULK  Corporate sponsorships. SUBSCRIPTION  Acquisition through attractive offers/gifts.  Effective courier deliveries. WHAT DO TOI DO TO SERVICE AND RETAIN THE READERS? TRADE  Incentives to our distribution partners.  Visibility drive at selected outlets.  A mechanism of feeder routes. BULK  Customized innovation.  Handling the logistics and backend works for clients. SUBSCRIPTION  Lucrative discounts.  Attractive gifts.  Special incentives on combo offers.  Assured delivery at doorsteps. On site learning Barisha depot visit Jadavpur University visit Radio Mirchi visit Press visit IIM Calcutta visit
  12. 12.  Take Advantage of the Space  Offer Commissioned Articles  Have a Daily Deal  Offer Direct Transactions For Merchandise  Run a Contest  Review Local Artists

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