online service promotion model
TRANSCRIPT
Research on
Online Service Promotion Model for Nepali Businesses
Presented toUniversity Grants Commission
Anish ShresthaPabitra BajracharyaTapa Dipti Sitaula
03 March 2013
Research on Online Service Promotion Model for Nepali Businesses
Every outgoing piece of paper, and every electronic document, can be
used for business promotion.
Research on Online Service Promotion Model for Nepali Businesses
Background and Context
• Nepali businesses have adopted various business promotion strategies by now– advertisement on the print media and on radio and
television – consumer incentives
• The use of IT and its different facets is growing day-by-day
• Nepali businesses can significantly benefit if they are able to exploit the potential of Information Technology
Research on Online Service Promotion Model for Nepali Businesses
Objectives• To identify the best online promotion model for Nepali
businesses. (What are the best and potentially applicable Global trends?)– To make a comprehensive study of the different online service
promotion approaches used globally and locally. (What is being used?)
– To perform an analysis of Nepali organizations for their promotional needs and the Nepali consumer environment. (What is needed?)
– To identify and recommend the best approaches for different kinds of organizations. (What is applicable?)
– To outline a process for the organizations to implement the recommended approach under the prevailing regulatory context. (How it should be applied?)
Research on Online Service Promotion Model for Nepali Businesses
Rationale and Significance
• To enable Nepali organizations to benefit from this tool, Internet, which provides a lot of benefits at very little cost compared to traditional means of promotion.
• The research outcomes are expected to be significant for the growth of individual Nepali organizations, as well as for the overall economic growth of the country.
Research on Online Service Promotion Model for Nepali Businesses
Methodology• New local market trend analysis through case studies.• Study and experimentation of various online analytics tools and
online promotion alternatives.• Development of a model and recommendations for Nepalese
businesses based on the review and the results of the market trends and needs analysis.
• Explanation of the process to implement the outlined recommendations.
• The methodology used in the research comprises of literature study, needs analysis, market analysis, case studies and experimentation. From the case studies performed, only the most relevant ones have been included in this report.
Research on Online Service Promotion Model for Nepali Businesses
Review and Analysis of Online Promotion Alternatives
• Websiteoutlook.com• Alexa.com– can be used to search and discover the most
successful sites on the web by keyword, category, or country
Research on Online Service Promotion Model for Nepali Businesses
Top Global Sites
Research on Online Service Promotion Model for Nepali Businesses
Top Sites in Nepal
Research on Online Service Promotion Model for Nepali Businesses
Top Local Sites in Nepal
• Thus, most of the news platforms could also be potential online promotional platforms as they have most viewership in the masses.
Research on Online Service Promotion Model for Nepali Businesses
Sample web analytics tool: Essentials
• Site Summary• Traffic Rank• Average Load Time• Regional Traffic Rank• In-Platform Browsing Information• Reach• Demographics (38% visitors in Nepal)• Bounce Rates and Comparative Analysis• Click Stream (Upstream, Downstream)
Research on Online Service Promotion Model for Nepali Businesses
Sample web analytics tool: Alexa.com
• Site Summary
Research on Online Service Promotion Model for Nepali Businesses
Sample web analytics tool: Alexa.com
• Traffic Rank
Research on Online Service Promotion Model for Nepali Businesses
Sample web analytics tool: Alexa.com
• Average Load Time
Research on Online Service Promotion Model for Nepali Businesses
Sample web analytics tool: Alexa.com
• Regional Traffic Rank
Research on Online Service Promotion Model for Nepali Businesses
Sample web analytics tool: Alexa.com
• In-Platform Browsing Information
Research on Online Service Promotion Model for Nepali Businesses
Sample web analytics tool: Alexa.com
• Reach
Research on Online Service Promotion Model for Nepali Businesses
Sample web analytics tool: Alexa.com
• Demographics
Research on Online Service Promotion Model for Nepali Businesses
Sample web analytics tool: Alexa.com
• Bounce Rates and Comparative Analysis
Research on Online Service Promotion Model for Nepali Businesses
Sample web analytics tool: Alexa.com (contd.)
• Click Stream
Research on Online Service Promotion Model for Nepali Businesses
Social Networking Sites
• For the organization who would not want to go through all these chores in deciding the proper online promotion platform there is a good alternative, ‘Facebook’.– cheaper or, even free – increasingly dominant promotional platform word-
wide– take in much detailed information about every user – maintains a list of different real and virtual networks
the user belongs to
Research on Online Service Promotion Model for Nepali Businesses
• Pages, Likes• Sponsored advertisements– Issue – Dollar payments– Solution (Localized Possibility) – Do Surf In
• Events
Research on Online Service Promotion Model for Nepali Businesses
Re-evaluation and verification of promotional strategy
• Helpful for advanced segmentation• Decide whether or not the investments on the
selected platforms are effective• Google Analytics
Research on Online Service Promotion Model for Nepali Businesses
Google Analytics
Research on Online Service Promotion Model for Nepali Businesses
Google Analytics (contd.)
• Website visits across a month• Detailed analytics report of traffic sources• E-commerce conversion rate• Traffic Sources of a website visits across a month• Total effective keywords for resulting visits• Percentage of New Visits (shows if the
promotional campaigns and the site itself has been successful enough to lure more visitors or not)
Research on Online Service Promotion Model for Nepali Businesses
Case Study: Steam Tees• Function
– T-shirts designed in Nepal, produced in Bangladesh and sold in Nepal• Promotional tools used
– In-shop branding (Point of Sale advertising)– Facebook fan page– Contest in a free FaceBook app called ‘BookShaka’ hyped the brand in a matter
of few days (successful)– Website - www.steamtees.com (successful)– Google analytics (successful)
• Future possibilities– Online sales is low, but expected to pick up once online payments are integrated– “Google ads could be more rewarding for Nepal, but only with online payment”
Research on Online Service Promotion Model for Nepali Businesses
Case Study: Harilo• Function
– Allows people in Nepal to buy goods online from United States retailers while paying with Nepali Rupees
– Personal shopper• Promotional tools used
– Website - www.harilo.com– Facebook ads– Google ads– No traditional media ads (although it did trigger articles)– Reviews by users– Contest based promotions– Disqus.com– Google analytics
Research on Online Service Promotion Model for Nepali Businesses
Platform Identification
Observation
Cross Verification
Selection
Promotion
Engage /Indulge
Spread / Viralize
Award/Reward
Subscribe/Connect
Display / Inform
Analytics
Promotion Reposition and
Content Revision
Trend Review Innovation
Website and Online Information on Business, Product, or Service
andSearch Engine Optimization
Feedback and
Recommendations
ExperimentationAnd
Recommendations
Opti
miza
tion
Mod
el fo
r Onl
ine
Prom
otion
(con
td.)
Research on Online Service Promotion Model for Nepali Businesses
Optimization Model for Online Promotion
1. Online Information Hosting and Search Engine Optimization
2. Platform Identification: List the potential mediums for promotion
Nepal specificwww.sangaalo.comwww.thulo.comwww.namastemitra.comwww.meropost.comwww.nepalnepal.comwww.livenepal.comwww.hamrobook.comwww.phalano.com
China specificSina weiboRenrenTencentDoubanWechat
Research on Online Service Promotion Model for Nepali Businesses
Optimization Model for Online Promotion (contd.)
3. Comparative Observation: Filter amongst the potential platforms
4. Cross verification: Ensure the match between the target and platform
Research on Online Service Promotion Model for Nepali Businesses
Optimization Model for Online Promotion (contd.)
5. Selection: Finalize the platform and corresponding multimedia content
Example of Selection: Description-less video of Harilo.com in YouTube
Research on Online Service Promotion Model for Nepali Businesses
Optimization Model for Online Promotion (contd.)
Example of Selection: Positioning of Immediate Related Content in YouTube
Example of Selection: Official YouTube Channel of MeroJob.com
Research on Online Service Promotion Model for Nepali Businesses
Optimization Model for Online Promotion (contd.)
Example of Selection: Search Showing Channel as The Top Result in YouTube
Research on Online Service Promotion Model for Nepali Businesses
Optimization Model for Online Promotion (contd.)
6. Promotion: Spread Promotional Content– Inform the users (Advertise / Display)– Engage users in promotional campaigns• User reviews• “Like and Win” contest• Viral mechanisms to spread the word around• Rewarding users with incentives or recognition• Allow for subscribing to future activities regarding the
promotional content, news, and views.
Research on Online Service Promotion Model for Nepali Businesses
Optimization Model for Online Promotion (contd.)
7. Analytics: Devise ways to reflect on outcome of Promotional Campaigns
8. Revision: Improvise the Promotional Plan based on analytics
9. Trend Review: Be vigilant for changing platform popularity
10.Innovation: Try creative contextual ideas for promotion
Research on Online Service Promotion Model for Nepali Businesses
Platform Identification
Observation
Cross Verification
Selection
Promotion
Engage /Indulge
Spread / Viralize
Award/Reward
Subscribe/Connect
Display / Inform
Analytics
Promotion Reposition and
Content Revision
Trend Review Innovation
Website and Online Information on Business, Product, or Service
andSearch Engine Optimization
Feedback and
Recommendations
ExperimentationAnd
Recommendations
Opti
miza
tion
Mod
el fo
r Onl
ine
Prom
otion
(con
td.)
Research on Online Service Promotion Model for Nepali Businesses
Thank-you