Saturday, April 24, 2010

Marketing Series- Bluetooth Marketing!


Recently in a presentation, several tools except PC’s through which E-Marketing involves web access such as Smartphones/ Bluetooth, Interactive Digital TV, Interactive Kiosks, Digital Radio, CD Cards etc. were exposed.


One of the latest technologies these days ” Bluetooth” is being used by companies to attract customers.

“Bluetooth Technology allows devices such as mobile phones, computers, personal digital assistants to communicate without wire as soon as they come into range.”

Bluetooth Marketing is the process of transmitting promotional content through this bluetooth wireless technology to potential customers. To transmit bluetooth messages a bluetooth transmitting product is required.

This technology is being used by marketers to send huge range of digital content, including plain text, images, audio, video, vouchers and games. Bluetooth technology is currently being used in predominantly three marketing situations :

Point of Sale Promotions
When fitted in shop windows people walking past with bluetooth enabled phones will receive the promotional message from the store. This may be a special promotion and is often enough to encourage the recipient to enter the store.

Billboard Advertising
Through fitting billboard posters with bluetooth transmission devices you can interact with people within the vicinity of your poster. For example, to support your billboard campaign you could send a branded game via bluetooth to peoples’ phones. This helps to overcome one of the major disadvantages of billboard advertising – the absence of a strong call to action.

Field Promotions
Portable units can be carried by promotional staff, automatically sending bluetooth messages to anyone within the vicinity of the staff. This is particularly effective when combined with leafleting.

Innovative businesses have been using bluetooth based mobile advertising for free brand awareness, lead generation, outwit competition, improve customer service and free & effective advertising.

The real potential in bluetooth marketing lies in its low cost. Unlike SMS marketing it costs nothing to send a bluetooth message.

Bluetooth marketing companies earn their money through placing bluetooth marketing devices in prime locations, such as retail stores, and selling advertising space on them. However, companies also rent out the devices, especially the portable ones.

Like every coin has two sides, bluetooth marketing too has its disadvantages :

Bluetooth marketing is only effective if the target audience can actually receive these messages. Some people are yet to upgrade to bluetooth-enabled phones, whilst others have switched the bluetooth capability in their phones.

Recipients can be confused about the message, in particular why it has been sent. Consequently it can be quickly dismissed as spam, or worse, worry recipients into thinking that it’s a virus.

There is also a concern that as the bluepod marketing industry grows consumers will become inundated with promotional messages, reducing the effectiveness of messages and resulting in many people turning off their phone’s bluetooth capability.

-V!K$

Sunday, March 28, 2010

INTERFACE-The Prologue!

MISSION:

"We, at INTERFACE - the Marketing Forum, strive to inculcate a passion for the field of Marketing and promote it as a challenging career option. Our endeavor is to work closely with students, faculty, alumni and marketing executives in order to expand the learning beyond the classroom and enrich the overall SIMSR experience for students interested in marketing."

VISION:

“To bridge the gap between its members and the industry, through enhancing the knowledge and skills, by leveraging internal and external resources.”

About Us:

At Interface, the Marketing Club of K J Somaiya Institute of Management Studies & Research (SIMSR) - Mumbai, Marketing is a religion. A religion whose mantra is to, "Be an Interface between the Individual & Their Marketing prowess". The club aims at bringing the current student community at SIMSR, the faculty, our alumni placed at various marketing positions across a host of global companies and the recruiters together and provide them with a common platform to interact. That is not to say that we are a closed system. We are open to discussions, exchange of ideas and flow of information across the top business schools in the world.

Interface not only facilitates interaction among the stakeholders mentioned but also helps us explore the conundrum that marketing has become. We at Interface, strive to provide the students of SIMSR a chance to explore the wonderful opportunities that this field has to offer and continue this spirit of adventure and quest for learning and thus enable them to achieve high marketing positions across a host of multinationals.

The club organizes many events, both formal and informal, aimed at promoting Marketing as a career of choice among the students of SIMSR. We are also instrumental in conducting many events and planning to lend our support to many more events.

We offer an unmatched journey, which would provide you with opportunities to learn, apply your mind, grow with marketing and thoroughly enjoy this career path.

"There are ONLY two words in Business that matter: MARKETING & INNOVATION. We Connect the TWO."