group 4. brands which use internet not as a channel but as a business they rely almost exclusively...
TRANSCRIPT
BUILDING OF ONLINE BRAND – MAKE MY
TRIPGROUP 4
Internet Brand
Brands which use internet not as a channel but as a Business They rely almost exclusively on electronic
media to conduct their business transactions. Example
Yahoo eBay Naukri.com MakeMyTrip
MMT background
Launched it’s operation from US Indian market was not ready Positioned itself as a niche player Targeting US to India travel market
Launched India operations in 2005 Low cost carriers had made air travel cheaper Airlines moved to e-ticketing Young Indians with more disposable income Internet penetration was increasing
Business Model
Comprehensive online travel site Emphasis on technology and supplier
relations Does not depends on revenue generated
from selling advertisements space 90% sales online Would grow by 25% for the next five
years
MMT Building a brand Target Group Married metro male in the age group of
24-44 years Monthly household income of over Rs.
30,000 Internet-savvy with usage beyond email Value Propositions Lowest Fare Convenience Instant Booking and Delivery End To End Travel Solutions
Launch Plan
Communicate Online one-stop-shop for travel requirements of consumers
Communicate a strong proposition and deliver consistently on the promise
Build excitement through every customer contact
“If you find a lower fare we pay the difference” — was designed to serve the purpose of grabbing the attention.
Media Selection and Advertisements
TV Nothing is more attractive than MMT offer Smart “new kid on the block” personality was to be communicated Two English news channels (NDTV, CNBC), four Infotainment channels (National
Geographic, Discovery, Discovery Travel and Living, AXN), two English movie channels (Star Movies, HBO), one Hinglish entertainment (Star One), and one Hindi movie channel (Zee Cinema).
Print To continue the excitement created through TV advertisements. Block the strip position at the bottom of the page to build on the rock bottom prices
theme. City-relevant offers were to be used to gain traction on the website.
Internet Launch with high visibility properties like frame-spot at the bottom of the page, and
page-tear. Avoided the placing of advertisements on the website as it might distract visitors from
their main objective of searching or booking travel products
Outdoors Live promotion themes were planned with the help of people with banners to carry on
the Launch TVC at Airports.
How MMT build their Brand
Creating Awareness
Advertising budget of Rs 30 million. 40% TV + 30% Internet, 5% Outdoor, 5%
Print, 5% Below The Line (BTL) Advertising, & 15% Analytics, Public Relations (PR),
Short Commercials (20s ads) Highly Targeted Channels (TG oriented)
Awareness contd.
Excitement through new promotional offers.
Customer loyalty tie up with I-mint, visa-kingfisher Super Saver Program – Savings while booking Super Tripper Offers – Rewards like ICICI
Lombard free baggage insurance and free personal insurance with purchase of air tickets
Viral Campaign like “wish, click & go”.
Performance
High value to customer >>> Lowest fare available Convenience (24x7, instant booking) Accessible One-stop-shop Price to customer was low
Imagery
Best fares Reliable Exciting Tech-savvy Ease of use (for e.g. no ads placed on site) 24x7 Competence
Personality Trait: smart new kid on the block
Judgment
Dependable Service Quality: High Price: Highly competent High in consideration set.
Feeling
Complete travel solutions Young Dynamic
How Internet brands differ from traditional brands
More challenging to build trust for an online brand Securing alliances with other players is very
important. Maintaining constant momentum and
excitement. Frequency of changing offers is high
Good PR more important than advertising. Service quality has to be maintained high
all times.
How Internet brands differ from traditional brands
Can personalize the experience of each user
Information availability is high.
Thank You