Now is the time for each of us to reset, renew and recharge so that we can transition from the regression phase to the next stage of recovery. SCMS, NOIDA organised a webinar titled “Reset, Renew, Recharge, Reimagining, Retailing” on 15th of February 2021 at 9:30 a.m. . Dr.YogeshRaut, Innovation coach at Accenture and Founder of the ‘The Mind Studio’ , Ph.D. in marketing joined the webinar as a guest speaker and provided insights on the impact of Innovation and Technology in the Changing role of Marketing in past few Years.
Dr. Yogesh Raut, has an experience of more than17 years of experience in front line sales and marketing, training students and corporates in Retail and Insurance vertical, Coaching employees for Design Thinking and Business Storytelling, planning & conducting various executive programs. He has worked as Marketing Manager with organisations like Woodland shoes & apparels, Planet Sports Pvt Ltd, ICICI Lombard GIC Ltd, TATA AIG LIC Ltd, Apollo DKV Health Insurance Ltd, and India Infoline.
The guest speaker addressed the session by highlighting the importance and impact of innovation both on the retail sector as well as our personal lives. He stated the importance of power of observation, watching people in their own environment opens up opportunities to collect rich data. The in-store environment may be a marketing battleground, crowded with messages trying to grab the eye of the disinterested shopper. And observational research is an important tool for marketers to spot where their activities can make a true difference to rock bottom line, and avoid wasting money on promotions which no-one will ever notice and thereby increase customer satisfaction and loyalty. He shared his experiences and told retailing is all about not only selling products but selling of experiences to our customers, one of the important factors include the personal touch -taking a follow-up plays a very important part in creating an excellent customer experience. Market does not require salesperson but trustworthy advisors to whom the company should equip with the requisite knowledge, irrespective of their age. He also gave unique insights on the importance of Mindfulness . Students were curious to ask questions which led to an interactive question answer session.
Responding to one of the questions, he informed us that technology and innovation will play a very significant role in the coming years to create a personal touch. Customers today look for hyper personalisation and it is necessary to actively listen to your customers. The webinar ended successfully with a vote of thanks along with a promise to get more powerful insights in future.
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The Entrepreneurship development cell organized a webinar on the topic of “Marketing Automation, an emerging scenario” by Mr. Chandan Kamal Sharma, Marketing automation consultant, on 23 March, 2021 from 10:40 AM to 12:40 PM to introduce and familiarize students of SCMS NOIDA with an emerging field in marketing known as marketing automation.
The guest speaker of the webinar Mr. Chandan Kamal Sharma is a marketing automation consultant and one of the pioneer in the field to promote and bring this in India. He has tremendous knowledge of the digital and automation in marketing.
The event started with a note of appreciation from the moderator who then presented the stage to the esteemed speaker Mr. Chandan Kamal Sharma an IIM Lucknow graduate who specializes in market automation and assists various small and medium business to increase their visibility. He started explaining what exactly does market automation entail and how does it affect a business’ profitability. He elucidated that it only makes the experience on the consumer’s end more friendly. A big topic of discussion was the merging of CRM and automation. He described that the latter aids the former subsequently raising new customers from the target market and sustaining the existing ones to continue adding value to the business. He presented a four-stage model which very effectively explained how can a business employ automation and industry 4.0 technologies to scale up its operations. He gave a detailed presentation concerned with automation and the various emerging trends that the current market is witnessing. The session enlightened us all with valuable knowledge and insights.
The event ended on a fruitful note with the head in charge of the EDC Cell Dr. Prashant Dev Yadav asked for advice for students interested in marketing automation and digital marketing from Mr. C.K. Sharma to which he stated that getting credible and verified certifications in similar courses will do wonders for the students intrigued by the ever-changing scenarios in automation. He highlighted to grow and sustain in this sector one needs to constantly learn unlearn and relearn!
The photographs of the events are:
SCMS NOIDA organized a Guest lecture on the topic"COVID-19 : Changed dynamics of Retail and B2B Market" for the students of the second and third year of Marketing Specialization. The lecture was conducted on 4th May 2021 from 3.30 pm onwards. The speaker Mr. Kumar Biswas has had 30+ years of experience and is an industry expert in the field of B2B, Supply chain Management, International Business, and International Marketing.
The lecture started with the famous quote by Peter Drucker “What customer buys and considers value is never a product it’s the utility of what product does for a customer”. The speaker started by explaining the current conditions prevailing in the market. He then emphasized the difference between the value and price of goods. He explained that the value attached to the product should be higher than the price paid by the customer.
Mr. Biswas threw light on how the pandemic has affected the demand of various goods and services in the global as well as Indian market. He cited examples of everyday products and how the retail industry was impacted was also discussed.
The lecture then moved on to the petrochemical sector wherein sales were decreased during the pandemic. Mr. Biswas explained how oil refineries have to use the force majeure clause in their contract because they had no crude oil consumption. Refineries had to turn down production to 30%.
The speaker also answered many questions put up by the students of the 2nd and 3rd year. The questions were related to online and e-commerce retailing, and also included the impact of supply chain and logistics in the B2B sector during the pandemic. Students took part in the session enthusiastically and understood how the retail market is the customer interface and B2B is the backbone of the retail business. Every retail sale has a complex B2B network behind it.
A vote of thanks was proposed by the faculty coordinator Dr. Pragya Singh. The snapshots of the event are:
Symbiosis Centre for Management Studies NOIDA, successfully conducted an informative webinar on Marketing on 11th June amid the corona virus crisis. The session was held from 11.30 am and was chaired by Dr Sunita Dwivedi, Associate Professor, Marketing, SCMS NOIDA. The purpose of conducting this webinar was to make students aware about the scope of Marketing as a specialization. She spoke on the concept of shared values and how marketing has evolved. She touched upon various points such as how marketing strategies work on future financial success. The discussion was centered on how marketers have evolved from selling to solidifying customer base and discussing a lot more on new prospective, the new face of commerce, changing customer behavior and disruption in channel management.
Dr. Dwivedi also highlighted the importance of Marketing Specialization to the students and all the courses taught under Marketing Management were also shared. This webinar was an open discussion forum where students asked questions on choices of dual specialization, subjects to be taught in the specialization, future and opportunities ahead. Queries regarding options available for career path were also brainstormed and suggested. The following trends in the field of marketing were discussed:
This webinar proved to be plentiful for students for choosing their specialization as per their interest and subject choices. The webinar was an interactive session which allowed the BBA students to clarify their doubts & queries regarding their career paths post the pandemic & what should be their coping mechanism to combat the prevailing crisis. The session also gave an opportunity to the students to discuss their threats & insecurities arisen due to the uncertainty in the demands of the market.
The webinar was able to receive a good & positive response amongst the attendees of the webinar & aided them to gain insightful knowledge about how the dynamics of marketing is going to evolve in the upcoming times.
The webinar ended with an inspirational quote by Alber Einstein to motivate the students - “In the middle of difficulty, lies an opportunity”. This quote ignites the minds of the students to seek for the untapped opportunity that this crisis will bring and urges them to make the most out of it.