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The Direct Marketing Association: India is a member of the International Federation of DM Associations. This makes it mandatory for the DMA: India to enforce the model code of conduct. Self-regulation is monitored by the DMA: India. Various foreign DM Associations (e.g. Austria, Taiwan,& Panama) are members of the DMA: India. The Association also has many International companies as its members.
Other members are drawn from: * Marketing agencies, e.g. firms that put the campaign and media together; and * Marketing-services providers: e.g. the list supplier, or tele-marketer.
Projections & future outlook of the direct marketing industry in India: 2008 $50,100 million 2011 $1,22,300 million * These figures have been collated from different sources and economic surveys. * The reports from several advertising bodies were also considered. This is broken down into different media- spend as under:
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List of Medias |
Media spent in million dollars. |
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Year 2008 |
Year 2011 |
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TV |
$4,000 |
$10,000 |
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Mobile including SMS |
$40 |
$500 |
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Radio |
$50 |
$600 |
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Print Magazines |
$100 |
$1,500 |
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Mail |
$400 |
$2,000 |
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Internet |
$60 |
$6,000 |
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Retail |
$4,000 |
$50,000 |
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Databases and Lists |
$50 |
$1,200 |
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Tele-marketing & Tele-faxing |
$400 |
$1,500 |
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Other media (e.g OOH / mlm etc...) |
$3,000 |
$9,000 |
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Un-organised sector is very large |
$38,000 |
$40,000 |
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TOTAL |
$50,100 |
$1,22,300 |
This can also be broken down into nature of businesses spending on DM (i.e. what % is spent by Small/Medium businesses):
Nature of Businesses >> % age of spent --------------------- * Tiny >> 10% * Small >> 10% * Medium >> 25% * Large >> 55%
Unorganized sector:
As in any developing economy , the "unorganized sector" has a huge share of the whole market.
A few examples: * The office peon who runs a tailor shop : figures of sales do not reflect in any tax statistic. * Traveling salesmen who work upon a commission basis: their efforts are not logged anywhere. * The student who does tele-marketing to a prospect list: but is paid only on his sales. * Thousands of insurance advisors who try to solicit premiums. * Multi level marketing teams : mostly housewives.
Overview
· Indian industry is at the same stage in its use of direct marketing as United States was about 20 years ago .
· The legal system is dysfunctional. Cases can drag for years.
· Credit history is looked after by the Credit Information Bureau of India Ltd.
· Consumer profiling firms do not exist yet.
· It is best to use credit card payment, or bank transactions.
A business climate perception study by Brand-comm, an integrated brand communications firm, has unearthed some interesting sentiments about expectations for 2009 amongst corporate India. According to the survey, traditional advertising (TV/print campaigns) would give way to other marketing activities. Sixty-six per cent of the respondents did not expect a rise in corporate advertising budgets in 2009. "Companies will follow the 80:20 principles. They will focus on targeting the 20 per cent of their target audience that accounts for 80 per cent of their revenues; one way is through direct marketing and on-line marketing," .
Marketing can be divided into subsets based upon various criteria. e.g. GEOGRAPHICALLY >> based upon country , altitude. e.g. DEMOGRAPHICALLY >> based upon age, income etc. e.g. SKILLS >> based upon response , or media.
Industry structure / key players.
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Key segments |
Dominant players |
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Direct Selling Consultants |
Mr. Pankaj L. Shah |
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Direct Marketing Consultants |
Mr. N. Singh of Synergy-Consultants |
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Letter-Shopping |
Mr. Mehul Desai of Regency Direct Marketing |
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List Rental |
Ms. Nikki Naik of “MLA-India” |
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Mr. Manoj Rathi of “Krono iinc” |
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Mr. Chetan Sharma of “Datamation India” |
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Mr. Samson Nathan of “Samson Direct” |
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For a more elaborate list of the key DM players, please visit
http://www.direct-marketing-association-india.org/benefits.asp
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Course
Content |
The Direct Marketing Association: India is a member of the International Federation of DM Associations. This makes it mandatory for the DMA: India to enforce the model code of conduct. Self-regulation is monitored by the DMA: India. Various foreign DM Associations (e.g. Austria, Taiwan,& Panama) are members of the DMA: India. The Association also has many International companies as its members.
Other members are drawn from: * Marketing agencies, e.g. firms that put the campaign and media together; and * Marketing-services providers: e.g. the list supplier, or tele-marketer.
Projections & future outlook of the direct marketing industry in India: 2008 $50,100 million 2011 $1,22,300 million * These figures have been collated from different sources and economic surveys. * The reports from several advertising bodies were also considered. |