Showing posts with label social networking. Show all posts
Showing posts with label social networking. Show all posts

Wednesday, February 25, 2009

Indian Social Networking Trends

Wednesday, February 25, 2009 2
Comscore, the Global Internet information provider recently released their report on the top social networking sites in India. 

The report throws some very interesting results. To kickoff, Facebook as expected has just stormed its way into the Indian audience with a growth rate of 150%. It had 4.044 million visitors this December. Orkut is still the leader with 12 million page views this December (an increase of 81% from last year) which suggests that though Facebook is edging up, Orkut still has the masses who will probably take time to adopt to Facebook. 

However it’s interesting to notice a slump in the page views of Ibibo.com, which has been spending massive amounts on advertising and marketing this past year. The number of visitors on Ibibo dropped by 50% over the past year. Maybe the guys down at Mothership need to rethink into how to penetrate into their target audience better. They did come up with a number of contests and tie up with various college fests to gain a market share but it doesn’t seem to be working as well as they expected. Similar results are portrayed by Big Adda which has also had a decreased traffic rate of 25%.

Hi5 on the other hand has had the highest increase in traffic with an increase of 180% over the last year. 

Linkedin too has had a steady climb with more and more Indians visiting the professional networking website. Perhaps recession has played its part in directing traffic to this website. More and more people are creating a Linkedin account many of whom are still to leave college.

Gaurav says that he doesn't take these stats too seriously since it fails to recognise the traffic that comes from Internet kiosks and PDA, and rightly so. A huge amount of internet users in India don't own a computer and use it from internet cafes, so I suppose the are a lot more numbers that have to be added to this report which may present a different picture altogether.

Friday, April 18, 2008

Marketing Strategies

Friday, April 18, 2008 6

In a town like Pilani, where a samosa chat acquires the status of lasagne, the primary food station is a roadside stall (or simply called a redi).

The other day I was sitting at one of these redis and was contemplating over what to eat and I saw him squeeze around 25 lemons into a glass. My eyes just widened. As far as food is concerned my tastes are totally feminine. I love sour foodstuff. So I asked him he could make a lemon soda using that pulp.

“Umm…this has 30 lemons in it. You know that right?” He said in his rustic Hindi.

“Ahuh, imagine how sour it’ll be.” I said enthusiastically.

“I am sorry sir, but I cannot serve you this. I just cannot” He shot back.

And then he went on about how 30 lemons would simply kill me. It would just cut through my skin (him giving examples of how lemon juice can erode walls). He said it was his moral duty to stop me from harming himself.

Oh now we’re on to something I thought.

He continued saying how my health is quite important to him, for I was one of his regular customers. He later said that he wasn’t greedy and that, he could have very well made that mega-lemon soda which would have cost 50 rupees (for lemons aren’t cheap in Rajasthan these days), but then what? Would that make him a millionaire? No. Instead he was at a risk of losing me for a couple of days, which would result in losses far greater than 50 rupees to him (for I eat quite a lot).

There is cut throat competition amongst the BITS-Pilani redis. The redi owners (at least some of them), everything works on trust and honesty. You would rather build a relationship with a customer rather than try to get hold of his money (even if that is what you eventually want to do), for the student is going to be around for the next four years. It makes business sense to tell him that the redi pretty much belongs to him and that money isn’t an issue at all.

Also this particular rediwallah also knows that students can bitch a lot (after all he listens to them all day long as they gobble his food) and that he should provide them with the best service to his capabilities. And this makes them loyal which in turn makes these loyal customers as a sort of brand ambassadors.

Later on, this rediwallah also told me quite frankly how the other redi wallah( his main competition) is totally unlike him. How the other person would have readily given me the killer lemon soda with a smiling face. He also went on to say how in a college since we’re away from out parents, we’re like his children in some respect and it’s his duty to at least warn us before hand.

So by now:

1) He’s shown to me that he’s really cares about my health, for I am his main customer and that my health is quite important to me.

2) His competition is a money hungry leech quite unlike him

There is a reason why this redi wallah is so successful. Today he owns a taxi service, couple of restaurants, yet his major source of income is this redi which serves refreshments to over 400 people in BITS-Pilani. He is the undisputed tycoon here. And how does he do it? He keeps his customers happy and takes good care of them, because only if they are healthy will they spend more money on his venture. What he also does is that engages in some pretty interesting conversation. As a result you end up spending more time and hence more money at his redi.

I am planning to do my Economics thesis under him.

Tuesday, April 01, 2008

Un-social networking

Tuesday, April 01, 2008 2

After seeing my Linkedin profile one day, a friend of mine asked me:
“Dude why are you on this website?

I gave him the best answer to my capabilities:
“It’s a professional social network. It helps me maintain relations with other like minded professionals and helps in networking. Isn’t that sort of self explanatory?”

He retorts: “But how has this ever helped you?”

I shot back: “Well, so far it hasn’t to any significant extent but it will later, hopefully.”

This really got to him.

“Dude Rishabh! You know I am sick and tired of Social Networking. Seriously man! Orkut was bad enough and then finally when I got off my lazy tushy and signed up for Orkut, I realised I was a tad bit too late for it for all my friends were now on Facebook.”

Facebook, ah, the plight of so many of us. With its never ending applications and it “uncluttered” look, why it would irk me so much, I wonder.

He added, “And now there’s a professional networking site, Jesus man.”

He continued, “You know what I want to do Rishabh? I want to make an un-social network. You know, what’s the point in doing something that everyone’s doing? I want to innovate. So here’s what I propose: Just leave social networking. Anyone can make friends there. It’s futile. What’s cool is that I give you a month’s time and hundred real life friends and you have to lose them all. Piss them off; ignore them, anything, but after a month I don’t want to see any of their filthy faces in your friends list. Now that seems like something a Venture Capital should be willing to seed. That’s what I am talking about.”

 
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