SOWBHAGYA - Interim Report - Research Project Report Template
SOWBHAGYA - Interim Report - Research Project Report Template
Name
Project
Group
Date of Submission
A study on “Specify your title “
Submitted by:
Student Name
USN:
(Write your number)
(Faculty-JAIN Online)
DECLARATION
I, (Student Name), hereby declare that the Research Project Report titled “(Title)” has been
prepared by me under the guidance of the Faculty name. I declare that this Project work is towards
the partial fulfillment of the University Regulations for the award of the degree of Master of
Business Administration by Jain University, Bengaluru. I have undergone a project for a period of
Eight Weeks. I further declare that this Project is based on the original study undertaken by me and
has not been submitted for the award of any degree/diploma from any other University /
Institution.
Place: ______________________
Date: Name of the Student
USN:
EXECUTIVE SUMMARY
The aviation industry is highly competitive, and companies are constantly seeking innovative ways
to reach their target audience effectively. In this executive summary, we present the concept of
precision navigation in aviation through targeted digital ad campaigns by device.
The objective of this approach is to leverage the power of digital advertising to deliver tailored
messages to specific audiences based on their device preferences. By understanding the device
preferences of potential customers, aviation companies can optimize their ad campaigns and
increase the likelihood of engagement and conversion.
To implement precision navigation in aviation, companies need to analyze data on device usage
patterns among their target audience. This includes identifying the most commonly used devices
such as smartphones, tablets, and desktop computers. By segmenting the audience based on device
preferences, companies can create customized ad campaigns that are optimized for each device
type.
The benefits of precision navigation in aviation are numerous. Firstly, it allows companies to deliver
personalized and relevant content to their audience, increasing the chances of capturing their
attention and driving desired actions. Secondly, by tailoring campaigns to specific devices,
companies can optimize the user experience, ensuring that the ads are displayed correctly and
provide a seamless interaction across different devices.
Furthermore, precision navigation enables companies to allocate their advertising budgets more
efficiently. By focusing on the devices that are most commonly used by their target audience,
companies can avoid wasting resources on platforms that may not yield significant results. This
targeted approach allows for better ROI and cost-effectiveness in advertising efforts.
Executive Summary i
List of Tables ii
References
Annexures
List of Tables
Table No. Table Title Page No.
List of Graphs
Graph No. Graph Title Page No.
CHAPTER 1
The campaign has been designed to achieve several key objectives, including:
* Increasing brand awareness and recognition among aviation professionals and enthusiasts.
* Generating leads and inquiries from potential customers who are interested in our navigation
solutions.
* Positioning Precision Navigation in Aviation as a thought leader and innovator in the aviation
industry.
Background:
The aviation industry is highly dynamic and relies heavily on effective marketing and advertising
to attract customers. With the proliferation of digital devices and the increasing reliance on
technology, it has become crucial for aviation companies to adapt their marketing strategies to
the digital landscape. Traditional mass advertising methods are becoming less effective as
consumers are bombarded with countless messages across various platforms. To stand out in
this crowded space, aviation companies need to adopt targeted approaches that deliver
personalized and relevant content to their audience.
Precision navigation in aviation through targeted digital ad campaigns by device offers a solution
to this challenge. By analyzing data on device usage patterns among their target audience,
companies can gain valuable insights into the devices most commonly used by their potential
customers. This includes smartphones, tablets, and desktop computers. Armed with this
information, companies can create customized ad campaigns that are optimized for each device
type, ensuring that the content is displayed correctly and provides a seamless user experience.
The benefits of precision navigation in aviation are significant. Firstly, by delivering personalized
and relevant content, companies can capture the attention of their audience and increase the
likelihood of engagement. This targeted approach allows for more effective communication, as
messages can be tailored to specific device capabilities and user preferences. Secondly,
optimizing campaigns for different devices enhances the user experience, ensuring that the ads
are displayed correctly and provide a seamless interaction. This improves the overall perception
of the brand and increases the chances of conversion.
Furthermore, precision navigation enables companies to allocate their advertising budgets more
efficiently. By focusing on the devices that are most commonly used by their target audience,
companies can avoid wasting resources on platforms that may not yield significant results. This
targeted approach allows for better return on investment (ROI) and cost-effectiveness in
advertising efforts.
Our company was founded on the belief that precision navigation is critical to the safety and
efficiency of aviation operations. As a result, we have invested heavily in research and
development to create a range of cutting-edge navigation solutions that are designed to meet
the needs of our customers.
Our product portfolio includes a variety of navigation systems, including flight management
systems, electronic flight bags, and aircraft communication and surveillance systems. We also
offer a range of consulting and support services to help our customers optimize their navigation
operations and achieve their business objectives.
Industry Overview:
The aviation industry is a highly competitive and rapidly evolving market. With the increasing
demand for air travel and the growing complexity of aviation operations, precision navigation
has become more important than ever before.
According to a recent market research report, the global aviation navigation market is expected
to grow at a compound annual growth rate (CAGR) of 5.2% from 2021 to 2028, reaching a total
value of ﹩14.5 billion. This growth is being driven by several factors, including the increasing
demand for air travel, the need for more efficient and safe aviation operations, and the growing
adoption of advanced navigation technologies.
The aviation industry is also becoming increasingly digital, with a growing number of airlines and
airports using digital channels to engage with customers and promote their services. As a result,
targeted digital ad campaigns have become an essential tool for companies looking to stand out
in this competitive market.
At Precision Navigation in Aviation, we are committed to staying at the forefront of this rapidly
evolving industry. By developing targeted digital ad campaigns that are optimized for each
device type, we are able to increase engagement, generate leads, and drive growth in the
aviation industry.
1.6 Overview of Theoretical Concepts
Precision navigation in aviation through targeted digital ad campaigns by device is built upon
several theoretical concepts that underpin its effectiveness. Understanding these concepts is
crucial for implementing successful campaigns in the aviation industry. Here are the key
theoretical concepts:
1. Targeted Advertising: Targeted advertising is the practice of delivering tailored messages to
specific audiences based on their characteristics, preferences, and behaviors. By segmenting the
target audience and customizing the content, companies can increase the relevance and
effectiveness of their ad campaigns. In precision navigation, targeted advertising is applied by
considering the device preferences of the audience.
2. Device Preferences: Device preferences refer to the choices made by individuals regarding the
devices they use to access digital content. This includes smartphones, tablets, desktop
computers, and other devices. Analyzing device preferences helps companies understand how
their target audience interacts with digital platforms and enables them to optimize their ad
campaigns accordingly.
4. User Experience (UX): User experience refers to the overall experience a user has while
interacting with a product, service, or platform. In the context of precision navigation,
optimizing the user experience involves ensuring that ads are displayed correctly and provide a
seamless interaction across different devices. A positive user experience increases the chances
of engagement and conversion.
5. Data Analysis: Data analysis plays a crucial role in precision navigation. It involves collecting,
processing, and interpreting data related to device usage patterns, user behaviors, and
campaign performance. By analyzing this data, companies can gain valuable insights into their
target audience, identify trends, and make data-driven decisions to optimize their ad campaigns.
7. Digital Advertising Platforms: Digital advertising platforms provide the infrastructure and tools
for companies to create, manage, and optimize their ad campaigns. These platforms offer
features such as audience targeting, ad placement, and performance tracking. Understanding
the capabilities and functionalities of digital advertising platforms is essential for implementing
precision navigation in aviation.
Research Methodology
RESEARCH METHODOLOGY
2.2 Methodology
To effectively tackle the problem of targeted digital advertising for an aviation company, a structured
approach incorporating various methods and techniques is necessary. Different methods and techniques
can be used including,
CHAPTER 3
TOTAL DATA
(11760, 17)
From the data given we can observe that some of the columns are in object type this means some
character in there in data this is bad data we have to clean this and convert these data into
int/float. There are some missing values in some features we have to treat them as well. We have
"*" in data, we have to either convert this into missing values or # we can replace this with mode.
We will also drop user id feature.
DATA PRE-PROCESSING
In the column “preferred_location_type” we can see "Tours and Travel" is repeat as some
difference Tours Travel we have to clean this and append to one of the attribute.
In the column “yearly_avg_Outstation_checkins” we have
"*"" in data, we have to either convert this into missing values or we can replace this
with mode. For such features, data cleansing is needed.
preferred_location_type
BEFORE
AFTER
yearly_avg_Outstation_checkins
Since buying tickets is different for different login devices so we will create 2 models
separately for Laptop and Mobile.
DATA VISUALIZATION: UNIVARIATE ANALYSIS
Numeric Data
1