A Marketing Strategy Research on 1 Team Members Roll Name 063 G.M. Fuad Hasan 075 Md. Imtiaz Hassan Maruf 078 Kazi Sanzidul Islam 107 Md. Tanjil Kabir 112 Shamik Datta 2 Owner: Mediastar Limited (Transcom Group) Transcom Group MediaWorld Media Star LTD LTD Most Popular Newspaper read by 6.6 million readers Anandadhara Most Viewed Website & Largest social media Fanbase The Daily Star Prothoma Prokashon Shaptahik 2000 Prothom Alo Prothoma Boier Dunia ABC Radio Biggan Chinta Protichinta Kishor Alo Chakri.com 3 Objectives STP Marketing Mix Recommendation Competitive Analysis Evaluation 4 Segmentation, Targeting, Positioning P S News & Information T Events Mass People Entertainment Explorer of Truth Agent of Empowerment Bangladeshi Residents In Abroad Driver of Change Opinion Gen Y Readers of West Bengal 5 Findings who buy the product for their personal consumption, they can be termed as final consumers Advertisers who buy the advertising space for their business purpose Gen Y Reasons behind targeting Gen Y Readers Older generation is already addicted with newspaper and is a stable consumer base Gen Y is creative and longterm customer that need to be attained They are also the future consumer and attractive for advertisers Millennial Kids, who are equipped with internet and technological advancement since childhood. 6 Prothom Alo Market Position Which newspaper serves the most authentic and unbiased news in the country? 120 Prothom alo 100 Bangladesh pratidin Kaler kantho 80 Samakal 60 Inqilab Ittefaq 40 Jugantor Naya Digonto 20 None 0 PROTHOM ALO BANGLADESH PRATIDIN KALER KANTHO SAMAKAL INQILAB ITTEFAQ JUGANTOR NAYA DIGONTO NONE 7 Marketing Mix - 4Ps Promotion Product Prothom Alo Media Pull new Zen Y readers Digital Sustain Sister Concerns Maintain Brand Image Place Hawkers for Print Media Non-Digital Price Advertise revenue based pricing Digital Impression reach 8 Products Prothom Alo 9 Market Share 66 1-2% LACS Readership Base 5.02 15% GROWTH RATE 19% 17.04% 10% LACS Daily Circulation Market Share 17% 9% 10% 10% 10% Bangladesh Pratidin Prothom Alo Kaler Kantha Jugantor Ittefaq Samakal Janakantho Others top Newspapers 10 Pricing Prothom Alo Advertise revenue based pricing 1998 8 7 6 1999 10 2001 2003 Timeline Price 1998 6 1998-1999 6-7 2001 7 2003 8 Since 2013 10 2013 11 Promotion Gen Y • Center of Campaign’s Objective Products • Events (Math Olympiad) • Tech Info Repetition • Later Life stage product development • Mass relationship buildup 12 Place Print Media Digital Media • 40% hawker’s Commission • Mass Impression Reach • Digital Analytics 13 Competitive Landscape Ad Price Comparison Page No. Ad type Prothom Alo Bangladesh Kaler Kantho Jugantor Protidin 25% 30% 50% First Page Color 30000 19000 14500 17000 Last Page Color 25000 16500 12500 14000 Third Page Color 23000 11000 9000 11000 Second & Color 14000 8500 6500 8000 Fifth Page B/W N/A 7000 5000 5000 Business Color 11000 9000 6500 7500 Sports Page Color 11000 8000 5000 6500 Inner Page Color 9500 7000 4500 5000 B/W 6500 4600 3500 3750 30% Page 25% 20% 10% 14 Competitive Landscape Niche Market • Bangladesh Pratidin • Banik Barta • BD Jobs Alternative Market Unexplored Segment • Anondo Alo • Sanonda • Non-Bangladeshi Readers (West Bengal, Tripura) New Territory 15 Competitive Factors Quality Control Training Employees Clickbait Journalism Digital Adaptation Opportunistic Behavior Govt. Ads 16 Competitive Factors Events highly Appreciated Ideological Clash Authentic News Provider Count of Which online news-portals people follow on a regular basis Prothom alo online 12% Quality Journalism Which newspaper serves the most authentic and unbiased news in the country? 38% Prothom Alo Bangladesh protidin online 31% 9% Bangladesh Pratidin Banglanews24 Kaler Kantho Bdnews24 Samakal Ittefaq Online 7% Kaler kontho online 5% 17% 12% 12% Ittefaq 7% Shomoy news online 6% 3% 4% Other 5% 22% No particular preference, rely on the FB newsfeed Inqilab 2% 4% 4% Jugantor Naya Diganta Jugantor Naya Diganta None Prothom Bangladesh Alo Pratidin Kaler Kantho Samakal Inqilab Ittefaq None 17 18 SWOT Analysis Trust Highly dependent on distribution channel CSR Lack of Digital Analytics Integration Highest Reader base Click bait Journalism Foreign Market Harsh Media Policy Digital market Shrinking demand for Print Media Recommendation Discover New Territory Target Niche market Use Data Analytics Maintain Journalistic Integrity Train Employees 19 Questions ? ? 20