MINISTRY OF EDUCATION AND TRAINING HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY AND EDUCATION FACULTY FOR HIGH QUALITY TRAINING GRADUATION THESIS TOPIC: RECOMMENDATIONS FOR DIGITAL MARKETING ACTIVITIES AT RENTRACKS VIETNAM COMPANY LIMITED. Student : Nguyễn Văn Điều Code : 16124216 Class : 16124CL2A Major : Industrial Management Instructor : MBA Nguyen Thi Lan Anh Ho Chi Minh City, August 4, 2020 EVALUATION FORM FOR GUIDANCE INSTRUCTOR ---------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- 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------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- HCMC, August ,2020 Guidance Lecturer i EVALUATION FORM FOR DEFENSE COMMITTEE ----------------------------------------------------------- ------------------------------------------------------------------------------------------------------- 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------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- HCMC, August ,2020 Defense Committee ii ACKNOWLEDGEMENTS First of all, I would like to express my sincere thanks and deep gratitude to all the teachers at Ho Chi Minh University of Technology and Education, especially the teachers in the high-quality training department who have kindly guided and conveyed valuable knowledge and experiences to me during the time studying in the university. This will be my solid foundation for my future career. I would like to express a special thanks to my lecturer as well as my instructors Ms.
Nguyen Thi Lan Anh. She has been so devoted to guiding me throughout the process of making my internship report so that I can complete my report well. In addition, I would like to express my thanks to the whole Rentracks Vietnam Co. for creating conditions for me to experience real works and wholeheartedly help and support me with the best knowledge and skills so that I have I can feel a friendly working environment and help me to integrate easily.
During the internship as well as during the writing of the report, I did not have much pratical experiences and my limited reasoning ability so that the shortcomings are not avoidable. I truly look forward to receiving the teachers' advices to help me improve my knowleges in the field. Finally, I would like to say thank you to the all lecturers, all the employees in Rentracks best wishes and success. HCMC, August ,2020 Student Nguyen Van Dieu iii LIST OF ABBREVIATIONS ABBREVIATIONS EXPLANATION ASP Affiliate Marketing Service Provider CPA Cost-Per-Action CPC Cost Per Click CPI Cost Per Install CPM Cost-per-impression CPS Cost-Per-Sales CSS Cascading Style Sheets – A programming language CTR Click-through rate GDN Google Display Network KPI Key Performance Indicator PPC Pay-Per-Click PR Public Relation SEM Search Engine Marketing SEO Search Engine Optimization SERP Search engine result page iv LIST OF TABLES Table 1.1: Development history of Rentracks Co.1: Criteria to evaluate website document .1: Document evaluation of the company website.2: Statistics of Rentracks’s social media channels .3: The sales of Japan Premium Store in 60 days from September 29 to November 27, 2019 .4: The general evaluation of social media marketing activities of the company .5: The email marketing result of Rentracks Vietnam .6: The general evaluation of email marketing activities at Rentracks Vietnam .7: The general evaluation of the affiliate marketing services .8: The SWOT analysis and strategies .1: The recommendations for website document.2: The content strategy for the website and social media .3: The persona template .4: The analysis and optimization form .5: The goals of the social media marketing strategy .6: The persona template .7: Competitive analysis for the imported cosmetics business .8: The SWOT analysis for social media marketing strategy .9: The measurement template 1.10: The measurement template 2.11: The suggestion for the affiliate promotion campaign.
84 v LIST OF FIGURES Figure 1.1: The company’s logo .2: Income Statement Evolution of Rentracks from 2017 to 2019 .3: Organizational structure chart of Rentracks Vietnam Co.4: Marketing Department structure chart of Rentracks Vietnam .1: How affiliate marketing works.1: Rentracks Vietnam’s official webiste .2: The comparison between Rentracks’ webiste traffic and AccesstradeVn’s .3: The page loading speed of the company website .4: Traffic distribution to the company website .5: The results of mobile friendly test of the company website .6: Traffice source of the company website.7: The search engine results with the keyword of “affliate marketing Vietnam”.8: The backlink list of the company website.9: The comparison of Rentracks’s Facebook page and the competitor’s .10: The comparisoon of total engagement of Rentracks’s Facebook page and the competitor’s .11: The analysis of activities of Rentracks Vietnam Facebook page for their mobile game from October 29, 2019 to 27 November, 2019.12: Analysis of activities of Rentracks’ online cosmetics store on Facebook from September 29, 2019 to November 27, 2019 .13: The list of Rentracks’s partners .1: The report of the most-visited website in Vietnam.2: The report of the most-used social media platfroms in Vietnam.3: The report of sources of new brand discovery in Vietnam .4: The an example of an effective email marketing design template. 82 vii TABLE OF CONTENTS EVALUATION FORM FOR GUIDANCE INSTRUCTORS .i EVALUATION FORM FOR DEFENSE COMMITTEE. iii LIST OF ABBREVIATIONS .iv LIST OF TABLES. v LIST OF FIGURES .vi TABLE OF CONTENTS.
REASONS FOR THIS RESEARCH. SUBJECT AND SCOPE OF THE RESEARCH. 2 CHAPTER 1: INTRODUCTION OF RENTRACKS VIETNAM COMPANY LIMITED .1 The formation and development of Rentracks Vietnam Co.1 Overview of Rentracks Vietnam Co.2 Development process of Rentracks Co.3 The target market, services and competitors .2 Organizational Structure of Rentracks Vietnam Co.2 Marketing organizational chart .3 Functions and missions .4 Vision, mission, message and business philosophy of Rentracks Vietnam. 13 CHAPTER 2: THEORETICAL FRAMEWORKS OF DIGITAL MARKETING .1 Digital Marketing benefits .4 Pay-Per-Click advertising .5 Social media marketing.
29 CHAPTER 3: ANALYSIS AND EVALUATION OF DIGITAL MARKETING ACTIVITIES AT RENTRACKS VIETNAM .1 Website document evaluation .3 Page loading speed.4 Traffic distribution and website’s mobile friendliness.6 The quality of backlinks.2 Social Media Marketing .1 Rentracks Vietnam official Facebook page .2 Social media marketing for Rentracks mobile game .3 Social media marketing for selling cosmetics.4 General evaluation of social media marketing activities at Rentracks Vietnam .1 The current state of email marketing activity .2 General evaluation of email marketing activities at Rentracks Vietnam.4 Affiliate Marketing Service .1 Introduction to affiliate marketing service of Rentracks Vietnam.2 General evaluation of Rentracks’ affiliate marketing services .5 SWOT analysis and strategies. 52 CHAPTER 4: RECOMMENDATIONS FOR DIGITAL MARKETING ACTIVITIES AT RENTRACKS VIETNAM.1 The foundation for proposing recommendations for digital marketing activities.1 Overview of Vietnam market.2 Overview of Internet usage in Vietnam.3 Social media usage in Vietnam.4 Mobile device usages in Vietnam .5 E-commerce flatform usages.6 The company goals .2 Recommendations for digital marketing activities at Rentracks Vietnam.1 Recommendations for website marketing.2 Recommendations for social media marketing activities.3 Recommendations for email marketing.4 Recommendations for affiliate marketing services .5 Recommendations for human resources. 90 Appendix 1: Analyze the micro-economic of Vietnam by Porter’s Five Force analysis. REASONS FOR THIS RESEARCH In business, marketing is an indispensable activity of any business in order to survive and thrive.
The heart of your business success lies in its marketing. Most aspects of a business depend on successful marketing. In the business world, marketing always plays a vital role in any business. The marketing compromises many aspects such as advertising, public relations, promotion and sales.
There is no doubt that without marketing, a business can still offer the best product or service to customers, but their potential customers would not know about it. So, every enterprise will have to choose an appropriate marketing method for their services or product to optimize efficiency and minimize expenditure. With the advancement of technology, marketing has been transforming from tradition to digital with many useful tools based on application of digital. Digital marketing is currently considered the most effective in the context of marketing with many benefits such as deeper integration by the flexibility, optimization and speed transmission of messages without border of applications.
After the time I have worked for Rentracks Vietnam as a digital marketing consultant internship position, I had a deeper understanding of the important role of digital marketing to a business in this digital age. Therefore, I decided to choose: “RECOMMENDATIONS FOR DIGITAL MARKETING ACTIVITIES AT RENTRACKS VIETNAM COMPANY LIMITED” as a topic for my thesis. RESEARCH OBJECTIVES • To introduce Rentracks Vietnam Company Limited • To do research about theoretical framework of digital marketing. • To analyze and evaluate of digital marketing activities at Rentracks Vietnam Co.
• To suggest recommendations to improve the effectiveness of digital marketing activities at Rentracks Vietnam Co. SUBJECT AND SCOPE OF THE RESEARCH • Subject of the research: matters related to digital marketing at Rentracks Vietnam Co. • Scope of research: digital marketing activities at Rentracks Vietnam Co. RESEARCH METHODS The research methods mainly used in the report are comparative methods, horizontal analysis methods, vertical analysis methods, meta-analysis to give out a right analysis, evaluation, recommendations and conclusion about digital marketing activities at Rentracks Vietnam company limited.
THESIS STRUCTURE • Chapter 1: Introduction of Rentracks Vietnam Co., Ltd • Chapter 2: Theoretical framework of digital marketing • Chapter 3: Analysis and evaluation of digital marketing activities at Rentracks Vietnam. • Chapter 4: Recommendations for digital marketing activities at Rentracks Vietnam. 2 CHAPTER 1: INTRODUCTION OF RENTRACKS VIETNAM COMPANY LIMITED 1.1 The formation and development of Rentracks Vietnam Co.1 Overview of Rentracks Vietnam Co. Official name: Rentracks Vietnam Company Limited Short name: Rentracks Company logo: Figure 1.1: The company’s logo Source : Rentracks Vietnam Address: the 3rd floor, HBT Building, 456-458 Hai Ba Trung Street, Districts 1, Ho Chi Minh City, Vietnam.
Type of company: Companies Limited Tax code: 0311701551 Administrated authority: Ho Chi Minh City Tax Department. Date of business registration: 23/03/2012 Official website address: http://rentracks.vn The business areas: • Commission agent service. • Wholesale and retail distribution rights • Technical consulting services • Technical analysis and testing services • Exercise the right to import products according to Vietnam Law 3 Rentracks Vietnam Co., Ltd is the company with 100% capital of Japan, founded in 2012. The company is currently represented by Mr.
Sanae Yokoyama as a legal representative. Their head office is in Tokyo - Japan, with regional offices in Osaka - Japan, and overseas office in Vietnam, Thailand, Indonesia, Dalian, Dubai, Hongkong, Taiwan, Philippines, Mongol, Malaysia, India, Bangladesh and China.vn” is one of the affiliate marketing flatform specialized in social media. The mission of Rentracksw.com is bridging the gap between the Brand Owners (Advertisers) that needs to do efficient digital marketing and Influencers (Publishers) that needs to introduce the goods and service.2 Development process of Rentracks Co. The development process of Rentracks Co., Ltd over the period of 14 years from 2005 to 2019 is specifically represented by the table below: Table 1.1: Development history of Rentracks Year Month Developments 2005 August Registered as an individual business in Japan December Established Coel Co., Ltd with a capital of 100.000 Yen 2006 January Corporate name was changed to Rentracks Co., Ltd February The capital was increased to 10.000 Yen March Rentracks Mobile was started April The second term started August The capital was increased to 19.000 Yen September Privacy mark was required 2007 April The third term started August The capital was increased to 54.000 Yen QUALUXE and Partners, Incorporated were established (represented as Anything Co., Ltd) 4 November Capital was increased to 94.000 Yen 2008 April The fourth term started September The company relocated to a new building in Tokyo, Japan.
2009 April The fifth term started 2010 April The sixth term started 2011 April The seventh term started June A rental office was established the first time in Bangkok, Thailand 2012 March The subsidiary was established in Ho Chi Minh City, Vietnam April The eighth term started May A new branch was opened in Dubai, UAE 2013 April The ninth term started 2014 April The tenth term started 2015 April The eleventh term started IPO on TSE Mothers 2016 April The twelfth term started June The capital was 438.000 Yen and it would continue to grow to 344.