Dotcom Marketing in India
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TABLE III
AD SPEND OF THE SURVIVORS IN 2000
Dotcom
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Ad Spend in 2000
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Bharatplanet, Indiamart
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Nil
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Agencyfaqs (advertising and media,
ChennaiBazaar (gifting site), Hungama
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Less than Rs. 1 million
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Others (from the list of Exhibit III)
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Less than Rs. 5 million
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Source: Businessworld, May 14, 2001.
To establish themselves, many portals looked at
alternate revenue models. Some turned into IT services companies by selling
their expertise. The dotcom industry also witnessed many acquisitions and
mergers. Analysts remarked that in the near future, many of the portals
might not even be recognized as dotcom companies.
QUESTIONS FOR DISCUSSION:
1. “From print, to electronic and outdoor media, the
dotcom companies flooded the market with high-budget ads, contests, and
interactive campaigns.” Briefly discuss the dotcom marketing methods of the
dotcom companies in India
2. “The marketing methods of dotcoms had a kind of PDS approach which
assumed that once there is a shopfront, shoppers will come in and buy. In
other words a distributive rather than a marketing approach.” Explain.
3. While some dotcoms spent heavily on marketing and could not survive the
dotcom bust, some others were successful even with low or no marketing
expenses. How far do you think the marketing efforts of the portals
companies contributed to the success and failure?
EXHIBIT I - BUSINESS MODELS OF PORTALS
EXHIBIT II - IDEAS FOR MARKETING DIFFERENT TYPES OF SITES
EXHIBIT III - SOME OF THE SURVIVORS OF THE DOTCOM BUST
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