Publishing Assembly Line

I Continue to be amazed by Futures Group, India's Retail Giant, owned by the Retail King, Kishore Biyani. Now we all know that Depot is a future's group retail foray into books, music, stationary and gifts. But what you didn't probably know (atleast I didn't!) is that it is also involved in something known as "Self Publishing"

Now Self-Publishing means that Depot provides end to end solutions in publishing for a price. So Basically if you've always harboured notions of becoming an author but thought that you were prolly not the prize catch of the big publishing houses, then depot comes to your rescue by charging a small fee for publishing your book!! whoah! So if you decide you want to write a 200 page book with roughly 40,000 words in it, depot charges you for the cover design, proofing, editing, lay-outing, and printing. It calculated that it would cost me 2.5 lakhs to publish my book if I took all their services. Now the best part is that they also promise you a snazzy "book launch" through their retail platform and if it has a potential to be a hit, they'll even retail it for you!

Wow, so now writing a book is like a business investment. I invest 2.5 lakhs, price it competitively and if it sells like hot cakes, I rake in the moolah? and all this without the disappointment of rejection letters from publishing house and without agency cut and tiresome editors. Sounds too good to be true, but I wonder if this will work. There's too much of an aspiration element here, but considering it is coming from Biyani, I'm sure he's thought this true.

What do you think? would you invest to publish your book? I don't know actually. The old fashioned way of being cherry picked by publishing houses has more credibility to it. But this new method has to it the very agressive retail arm backing it. So if your book has potential you can be sure Depot will aggressively market it in their stores.

Read more at http://www.depotindia.in/self_publish.php

My Raison D'Etre

Things on the work front have been quite good. I got the 2nd Highest Individual Award from my company for my work in developing the marcom activities for my business. It feels great to be recognized but more importantly its a sign that the management views marcom as a strategic function important for generating revenues instead of just some random department making brochures.

I love what I do, I wake up in the morning everyday in love with the world simply because I love what I do *touch wood* . I know I don't have the age, wisdom or experience to give advice but please please PLEASE, don't waste a single minute of your life not doing what you love doing.

Go find your bliss!

Hard Bounce - Soft Bounce Dilemma

As a marketer, nothing gives me more pain than cleaning up my email lists. Deleting email addresses that has taken months togather after searching high and low. But clean we must inorder to be efficient and to save money.

Cleaning of email lists generally begins with the email bounces list provided by the emailing software. The bounce list as people aware of such technology will know, usually consists of 2 lists - a Hard Bounce List and a Soft Bounce List. Now herein lies the confusion. The definition of what constitutes a Hard bounce or soft bounce varies over various over Recepients and ISP.

Some email clients consider a Full Email Inbox has a Hard Bounce whereas some consider it a soft bounce and multiple attempts is made by the mailing software to ensure deliverability.So it is pretty difficult to clean lists based solely on Hard-Soft bounce reports as perfectly good email addresses might get deleted if only hard bounces are considered or bad email addresses might remain on the list if soft bounces are considered clean

This article by Derek Harding provides a decent overview on tackling the dilemma. Its worth a read if you are in the same spot as me. My two cents of advice on dealing with the issue:

1. Bounce is bounce so something must be amiss, so its better to take them all from the main mailing list inorder to ensure better efficiency
2. Bounce email Ids to be black listed or flagged seperately
3. Seperate mailing activity to be done only on the flagged email ids.
4. If email Ids consistently feature in the bounced list 3 consecutive times spread over a decent timeline like 3 months then it is wise to delete the email Id completely

what say?

Web Analytics

(One of my published articles. Anyone interested in referring to this is most welcome although a citation or a link back would be greatly appreciated)

One of my favourite books on marketing is “End of Marketing as We Know It” by Sergio Zyman, the legendary, former Chief Marketing Officer of the Coca Cola Company. The basic tenet of this book was that Marketing was more science than art. No more was marketing all about that genius creative or ad campaign. Marketing, instead, as he viewed it was all about delivering results. How many units of coke did that Ad sell? Did the sales grow after launching that campaign? Did we profit from the direct mail campaign? Marketing was less Ad agency voodoo and more about measurable outcomes.

Yes, I’ll repeat it again “Measurable Outcomes”. As a young marketer, learning the ropes, this book opened my eyes to the raison d’etre for any marketer – Metrics. Marketing exists not to create beautiful Ad campaigns or killer direct mails. The sole duty of marketing is to generate demand. I truly believe that for any marketing activity to be truly successful, it should necessarily be metrics driven and ultimately be tied to the goal of the company. The outcome must be ..(don’t kill me for saying this) measured. So it is with great glee that I write about Web Analytics. For a data driven person like me, Web Analytics and Web analytics tools are like panacea to my soul.

What is Web Analytics?

Web Analytics is basically the study of traffic to a particular website – where it’s coming from and its subsequent behaviour on the website. Wikipedia defines Web Analytics as “the study of the behaviour of website visitors. In a commercial context, web analytics especially refers to the use of data collected from a web site to determine which aspects of the website work towards the business objectives; for example, which Landing Pages encourage people to make a purchase”

Web Analytics provides insights on a range of traffic related questions like:

1. How many people are visiting your site?
2. Where are they coming from?
3. What is their activity on the site?
4. Which page are they viewing most often?
5. Which page are they dropping off from?
6. What keywords did they use to visit the page?

The analysis of website traffic began in the early 90’s through the scrutiny of Logfiles. Logfiles are files maintained by web servers, consisting of all transactions that take place on a website. It wasn’t long before, these file were being used to provide insight on the amount activity that was taking place on a website.

In the early years, Web Analytics primarily consisted of counting the number of “Hits” or the number of requests made to the web server. This method was fairly representational of the site’s popularity as web pages in those days were pretty basic and consisted of a single HTML file with no images, animations, videos or downloads

As the late 1990s saw the emergence of Search Engines which brought with them their spiders and their bots, it became more and more difficult to identify unique human visitors through Logfile analysis alone. The uses of Web Caches also posed a problem as subsequent visits of a person to a website could not be tracked through Logfiles

In order to address issues thrown up by Logfile analysis, a new method called page tagging evolved, which used JavaScript on each page to notify a third-party server when a page is rendered by a web browser. This not only solved the issue of caching and search engine bots but also enabled web analytics to be outsourced to a web analytics company as Page tagging could now be performed by companies who did not run their own web servers.

Importance of Web Analytics

Web Analytics is not about merely analyzing website data. It’s about understanding what drives people to the site and what features effect their subsequent activity on the site. Most importantly, from a business perspective, Web Analytics gives you an insight on if your site is meeting its intended objective.

As we mentioned earlier, put simply, web analytics helps us measure how many people visited a site, how they got there and what they did subsequently. Measuring and monitoring these data parameters helps us understand the individual user behaviour. The valuable insights provided by this data helps us analyze how people came to a particular site, what keyword or phrases they used to get there– whether these keywords are relevant or not, what they did subsequently on landing, what were the most frequently visited pages, what were the least frequently visited pages, which page saw a high drop off and most importantly, if the user ultimately did what the site wanted him to do. For example if it’s an E-commerce site, did all the user activity ultimately lead to a transaction? Or if it’s a social networking site did the user creat a new profile?

Web Analytics provides us the data to makes tweaks and enhance the ROI or conversions from a website. To quantify the advantages in simplistic terms, Web Analytics helps improve :


1. A site’s Search engine Rankings so that one is able to attract more & relevant traffic
2. A site’s usability and helps it become more user friendly so that people are able to navigate better
3. Conversions or sales transactions – What ever is the ultimate objective of the site

Basic Metrics

Ok, so now we know what Web Analytics is, we have gone into the history and we even know why it’s important, so great, how do we start off? Analyzing a whole bunch of website data can be clearly overwhelming, more so if one is not familiar with the basic web metrics and their definitions. Most web analytics softwares offer the following web metrics that one can track to start off with.

Hits: This metric is frequently cited to indicate site popularity but infact very misleading. In most web analytics discussions a ‘hit’ is defined as a single request for any item on your website. This can include images, animations, audio, video, downloads, PDF or Word documents or anything else that you allow visitors to access. When a web browser loads a page, it also loads all the above components referenced by that page. Thus, a single page load can result in many hits.

Visits: This is most basic of all web metrics and indicates the number of visits (unique and otherwise) a site receives. It provides a quick indicator of how effectively a site is being promoted.

Pageviews: This is the total number of pages viewed on a site and is a general measure of how much a site is used. This report also provides an insight on what pages are being viewed the most and hence give an idea on what’s working on a site and what’s not.

Pages/Visit: Average Pageviews is a good way of measuring visit quality. A high Average Pageviews number suggests that visitors are interacting extensively with a site. A high Average Pageviews results from one or both of the following factors: (1) Appropriately targeted traffic (i.e. visitors who are interested in what a site offers and (2) High quality content effectively presented on the site. Conversely, a low Average Pageviews indicates that the traffic coming to the site has not been appropriately targeted to what the site offers or that the site does not deliver what was promised to the visitor.

Bounce Rate: Bounce Rate is the percentage of single-page visits (i.e. visits in which the person left the site from the entrance page). Bounce Rate is a measure of visit quality and a high Bounce Rate generally indicates that site entrance (landing) pages aren't relevant to the site’s visitors.

Avg. Time on Site: Time on Site is one way of measuring visit quality. If visitors spend a long time visiting your site, they may be interacting extensively with it. However, Time on Site can be misleading because visitors often leave browser windows open when they are not actually viewing or using a site.

% New Visits: This report lets you analyze the amount of new visitors or return visitors that a site is attracting. A high number of new visitors suggests that one is successful at driving traffic to a site while a high number of return visitors suggests that the site content is engaging enough for visitors to come back.

Traffic Sources: This report gives an insight on where are all the traffic is coming from - If it is Direct traffic or from a referral site or if it’s coming from search engine. This allows one to invest marketing resources on the right channel

Search phrases & keywords: This report gives a detailed list on what keywords or phrases are driving search engine traffic to a website. It helps us understand if the traffic that the site is getting is relevant or not

There are many metrics that are offered by numerous web analytics softwares in the market. Most metrics also offer fascinating insights on the working of the website but the key to understanding metrics is to hone in only on those metrics that have a direct relevance on the objective of your website. For example, bounce rate is a misleading metric for a blog because most people exit a blog after reading the latest post. The ideal metric for a blog would be the number of visits.

Tools & Resources

There are a lot of web analytics softwares in the market and most of them differ in the way they measure metrics. But if one is just starting out with web analytics and if one has some time to play around with data, I would personally recommend, Google’s Web Analytics Software. It is free and can be easily integrated with Google Adwords Campaign and hence helps one get an insight on how ones keywords are performing. It is also easy to integrate Google Analytics with one’s website and just requires one to add a couple of lines of tracking code to the website’s HTML code

Bottom line

Ultimately, what web analytics gives you is the data. What makes web analytics effective is the inference drawn from them and that can only come from within the organization.

An organization I once worked with had an elaborate user profile page that was used internally to capture web based leads. Upon employing web analytics, it was found that this lengthy profile page had an astounding drop-off rate of 85%. This led to a drastic shortening of the page and helped the organization get more people to fill the page and ultimately more leads

Web analytics data only provides insights on what is happening on the site currently. It is up to us on how we use this data to improve the website and ultimately the ROI or the bottom line

Marketing During Political Times

Politics and Marketing make a heady mix and the recent primaries in the US have taken political marketing to a whole new level

We in India are well aware of the political debacle that was the India shinning campaign, but what no one noticed was the succcess of the congress party campaign - congress ka saath, aam aadmi ka saath (Loosely translated: Congress Party's Hand is holding that of the common man) It was successful in striking a chord with the people on issues like riots, price rise etc. Indian Politics is ofcourse still taking baby steps towards being marketing savvy. Leaving print or TV ads, our parties haven't embraced the net like their countreparts in the US. Ofcourse this strategy does make sense when you consider that the bulk of the population lives in rural areas and hardly has access to electricity let alone the internet, but...but... a sizeable urban population has access to the net and they get their information at their finger tips. I feel it makes tonnes of sense in investing in online marketing campaigns for our parties too.

The Obama campaign in particular has re-defined campaign funding and marketing in the US. This Washington Post Article explores the obama online campaign and the findings are mind boggling. Obama through internet ads has succeeded in building a network of $1 million donors!! this in stark contrast to the traditional route of having a small but wealthy pocket of donors. Obama through such tactics managed to raise $91 million in just 2 months thanks largely to this humongous group of small donors. Obama camapign also spent their money wisely - they out spent the clinton campaign by ten times on their online marketing budget.

The online campaign is also interesting in itself, according to the article. The Obama ads didn't take one directly to the donate page but focused on building an online relationship instead. People who signed up with their email Ids first got a welcome message, information about policies, information on the various ways one could volunteer and after building a rapport, only then was one asked to donate. I find this extremely fascinating. This is new age marketing. We'd call this lead nurturing only this is being applied to a political campaign

There have been other instances of the obama campaign being net savvy. A social networking group called ObamaCycle started by an enthisiastic obama supporter, actually ensured that Obama Campaign supplies were reused not wasted. This supplemented a situation where people who ran short of campaign supplies in states which were going to vote in the primaries could communicate whith people in states that had already voted and hence could re-use their campaign supplies!!

The obama campaign has been Web2.0 savvy with widgets and buttons on facebook and myspace etc.

I guess this tactic fits the american mileu but I strongly feel that our parties could easily take a leaf from obama's campaign book and make our political system more interactive, more participatory and more fun

Internet and E-Commerce in India

Being the data junkie that I am, I'm extremely thrilled with the Internet and Mobile Association of India's (IAMAI) reports on the state of Internet in india. It is an exteemely useful website filled with reports and events on the internet and mobile scene in India



As an e-marketer it is important to learn how the internet penetration is unfolding in India. You all all will be happy to know that the internet is growing at a rate of 40%. The internet break up as per the I-Cube 2007: Internet in India report is as follows:








The report also gives more facts and figures for internet penetration in Non metros and the pattern of internet usage.



The Ecommerce report too is pretty fascinating, considering companies in India are struggling to get their E-commerce acts together due to strict funds transfer policy in India. It offers a great insight on industry size, existing barriers for further growth and improvements needed.



Detailed de-brief once i analyze these reports. In the meanwhile, trip on it here

Summer Trainee and the livin ain't easy

(I never thought, I'd twist a Billie Holiday song like that but what do you know...)

Come summer and apart from blistering high temperatures here in Pune, we also get a swarm load of MBA summer trainees or interns. I have 2 this summer interns this year and its the 2nd time that I'm leading interns, but I'm still befuddled by what exactly the purpose is of these internships.

a) is it to learn & imbibe
b) Is it just so that one can submit a document to the college, get marks and be done with it?

It should be the first but as the internship proceeds, generally it becomes about the latter. I think its because of the Indian MBA system. What can one expect out of freshers who are admitted in to MBA courses? They have never worked until then, they don't know how professional organizations function and here they are, thrown in to the middle of what seems like a huge conundrum and no wonder most of them just want to get done.

I really do feel sorry for them. It is alien and sometimes inhospitable and I would sympathize but what does make me angry is that sometimes they don't really care about the internship at all. Because it's all internally evaluated, the outcome is a formality so why bother about this sham at all? I strongly feel colleges should orient freshers about working in organizations and why internships are important.

The most important reason as to why an internship is crucial, is because, it gives you a chance to apply one's business education in the real world and sort of tune in both. Reading about a concept is completely different from implementing it. There are a no of variables that need to be factored in during implementation.

The attitude towards internships is different in people who have worked before because obviously, they've been there etc. But these people view the internship more as an actual simulation of what they certainly hope to do after passing out. The difference, these guys know what they want, the freshers - have no clue and its all one big large experiment.

Another important aspect that is not stressed enough to interns is the reason why the industry is hiring them in the first place. Yes, we get cheap labour for 2 months but one is also spending a considerable time monitoring and guiding them. We take them in, hoping they have fresh perspectives and new ideas on tackling some standard industry issues. We want them to bring in their MBA education and implement best practises or latest trends in their projects.

This dialogue is not happening unfortunately. In India, its still a one way process and I hope the Indian MBA system changes and starts admitting more experienced folks.