Group 4_AD-ON
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Transcript of Group 4_AD-ON
8/7/2019 Group 4_AD-ON
http://slidepdf.com/reader/full/group-4ad-on 2/14
I search for theproblems,
solutions comealong
Brand conscious,like interacting
with people
I want to makethings easy for
others
I give my best forevery
responsibility
Want to excel ineverything, havedesire to gel with
people
Likemanagement of
chaos, monotonyputs me off
Creativity is mypassion, alwaysfind better waysto do the things
My inquisitivenature helps me
innovate andreinvent.
I love every formof art and like
creativity
Ability totransform myself
and peoplearound
These ten brains
found the question, for
which the answer is
³Creativity´
8/7/2019 Group 4_AD-ON
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The Product
A web based portal which will allow marketing firms tochoose ad concepts from a huge database of creative ads
How Does it work
Individual enthusiasts will make and put their ads on
adOwn under different categories like fmcg, automobile,apparel etc. These ads will be stored in the online data base
and companies can access them by paying a minimalsubscription charges
If an ad is picked by a marketing firm then ad maker will get
a certain portion of money from the contract Two ways of revenue generation
From business firms, which will subscribe and pick theads
Through online advertising
adOwn:The Idea
8/7/2019 Group 4_AD-ON
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Overview of spending on advertising
Microsoft more than 20 percent of their annual revenue or $11.5billion
Coca-Cola more than $2.5 billion
Yahoo more than 20 percent of their annual revenue or $1.3 billion eBay 14 percent to 15 percent of its revenue which was $871
million, much of that to advertise on Google
Google In the millions rather than billions of dollars with $188million
Starbucks $95 million
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adOwn: In context of Indian
Advertising industry Currently Indian advertising industry is of the volume of Rs.13,200
crore.
Mudra, Ogilvy and Mathew (O&M), Mccann Ericsonn, Rediffussion,
Leo Burnett are major ad agencies
But getting the ad conception and inception from ad agencies involves alarge amount of expense , so there is a need of low expense effectivemarketing solution through creative and appealing ads
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Traditional ad making approach
Business Firms Ad-Agencies
Contract to Adagencies
Airing of ads totarget customers
Results: (1) Large expense to avail the services of Ad-agencies
(2) Majority of ads unappealing to mass
Making ads basedon the inputs fromfirms
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adOwn approach
Uploading of People¶s own creative ads
Selection of best
ads by firms
Results: (1) Availability of people¶s own ads at very less rates
(2) Huge database ideas for advertising of products
(3) Well connected and more appealing ads
adOwn
Airing of ads
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Targeted Customers
Targeted customers are marketing divisions of companies from various sectors e.g. FMCG,Insurance, Political Parties, Media etc.
USP of adOwn over competitors While ad agencies and other competitors in the
field make the ads based on market researchand clinics, adOwn will have the ads directlycoming from the customer to whom the ads aretargeted
Very effective business model due to very lesscost and effective mass appealing adsgenerated by people
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adOwn:
Vision: To be among the most favorable
online business portal, providing quick ,
efficient and cost effective advertisingsolution with highest level of creativity.
Mission: To slot among top ten online
business portal in terms of revenue, quality
and effectiveness by year 2015.
Vision & Mission
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adOwn:
Culture: To put creativity and innovation on
the top with the highest level of transparency
and satisfaction to both users and team of adOwn
Values:
Transparency
Hierarchy in the order of creativity
Commitment
Culture & Values
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adOwn : The Organization
Technical team
Renjith
Srikanth
Finance Team
Jatin Grover
Shweta Jain
Ashutosh Sinha
Marketing and publicity
Ashish Doneria
Aditya Kulkarni
Sourabh Agarwal
Administration
Vaibahv Srimani
Shilpa Gautam
adOwn
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SWOT Analysis
Strengths
�Unique idea of its kind�Simple and efficient
�Ultra low cost solution� By the customers for the customers
Weaknesses
� Lack of brand image�No expertise, since ad will be posted
by many amateurs
adOwn
Opportunities
� Fast growing advertising industry� Large portion of expenditure on
advertising by business firms� Increasing internet users
Threats
�Traditional concept of ad agencies�Conflict of interest in terms of
originality
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Ashish doneria (09BM8013)
Jatin Grover (09BM8022)
Srikanth (09BM8049)
Shilpa Gautam (09BM8085)
Shweta Jain (09BM8031)
Aditya Kulkarni (09BM8004)
Renjeet Pediakkal (09BM8040)
Vaibhav Srimani (09BM8058)
Saurabh Agarwal (09BM8076)
Ashutosh Sinha (09BM8067)
adOwnPeople Behind