Digital Business Management and Emerging Technology - A Case Study of Burberry
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This report is a case study of Burberry's digital business management and emerging technology strategies. It covers their e-business model, competitive strategy, digital marketing strategies, customer traffic data, e-CRM and social network channels, and cyber security measures.
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Digital Business Management and Emerging Technology
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 Identifying the E-business model and discussing approaches....................................................3 Identifying competitive strategy and digital business strategy and recommendations...............3 Identifying their digital marketing strategies..............................................................................4 Discussing the customer traffic data...........................................................................................4 Identifying the company’s e-CRM and social network channels...............................................4 Analysing the cyber security measures the company.................................................................5 CONCLUSION................................................................................................................................5 REFERENCES................................................................................................................................7
INTRODUCTION Digitalisation is the process to implement new structure in the workplace. The main focus is to heavily invest in the technology in order to achieve great results in the future. Burberry is the British Luxury fashion house. It is headquartered in London England the organisation distributes new products and services to the consumers. It includes various accessories which is trench coats, footwear, fashion accessories etc. In this report the main focus is to use various concepts and model to identify the strengths and weakness. Along with that, the competitive strategy needs to be identified in order to enhance the sales of the company. For further instance, there are various new security measures which has been taken by the organisation to fulfil business ethics. MAIN BODY Identifying the E-business model and discussing approaches Burberry uses the B2C model it helps them to provide the products to the consumers at a rapid pace. The Business to consumer model help them to expand their business in various regions. The customers can also buy the products form multiple stores and outlets. On the other hand, the organisation use the digital platforms which includes amazon etc. They directly sell their products to the consumers. Strengths of B2C model Burberry can sell the products at affordable prices. They have the wider reach in order to sell the products and services Weakness of B2C model Burberry websites needs to be capable of handling multiple orders The organisation needs to use the competitive pricing strategy to attract new customers Identifying competitive strategy and digital business strategy and recommendations There is one thing thing which makes Burberry different from other brands. They have specialised product line which is the trench Coat. It attracts a lot of customers in the market. The organisation tends to compete with the big brands like Gucci, Zara etc. They set the competitive prices of their products to achieve great results in the market. The digital business strategy of the organisation is to provide products online to the customers. Recommendations
In order to improve the business performance Burberry needs to enhance the user interface of their websites to improve the revenues. Identifying their digital marketing strategies Digital marketing strategies help the organisation to improve the reach in the market. There are various types of marketing strategies which is been used by Burberry it is described below: Social media marketing platforms -There are various types of platforms which includes Instagram, Facebook etc. Burberry create the engaging content in order to more audience in the market. Influencer marketing –Burberry also hires new influencers which targets the young audience. They buy their products in order to generate more revenues. Recommendations Burberry needs to optimise their search engine which will help them to trend on various social media platforms and websites. Discussing the customer traffic data Similar web platform is the type of digital service provider which supports the medium enterprise. The website of Burberry is interactive and there are various customers which comes on the website due to its interface and other features. Recommendations With the new changing trends of the market the footfall of Burberry is been significantly growing. There are various areas which they need to improve the overall profits in the market. The frequency of customers needs to be high in the festive seasons. Burberry needs to provide the excellent deals in order to attract the customers. Identifying the company’s e-CRM and social network channels The organisation e-CRM generally helps to evaluates the customer experience which is been conducted on online basis. The customer satisfaction of Burberry is high due to the enrich services and excellent quality of products. The brand has implemented the feedback system which will help them to improve the areas in which they are lacking and enhance the sales of the organisation. The social network channels includes Facebook, Instagram is experiencing a high
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number of traffic. They are creating an engaging content in order to improve the revenues and profitability of the firm. Suggestions Burberry needs to continuously improve the areas in which they are lacking. Through this the main focus is to gain competitive advantage in the market. The organisation needs to use new methods and strategies to dominate the industry with their quality products. Analysing the cyber security measures the company The major focus of Burberry is to protect the data of the customers. The ethics and guides of Burberry is to treat the customers with better quality products and to provide them excellent services. This will help them to enhance the customer satisfaction in the market. They use various techniques which will help them in order to protect the valuable information of the customers which is been described below: Burberry customers data drives through Secure Socket Layering (SSL), encryption technology. This helps them to protect the valuable data of the customers. They improves their technology in order to become more superior and provide better services tothe customers. The website of Burberry is safe and secure in every manner. They improves the technology to become more sustainable in their future. Suggestions Burberry needs to wire various other channels which will help them to provide better services in regards to the safety of the customers. There are new threads and viruses which is been evolving and it can create a negative impact on the organisation website. CONCLUSION From the above report, it has been concluded that new technology could help the organisation to become more better and achieve great results in the future. On the other hand, there are various digital platforms which is been used by the company to attract new audience. For further instance, the organisation also creates the social marketing channels and create an engaging content.
REFERENCES Books and Journals Bican,P.M.andBrem,A.,2020.Digitalbusinessmodel,digitaltransformation,digital entrepreneurship: Is there a sustainable “digital”?.Sustainability,12(13), p.5239. Chaffey, D., Edmundson-Bird, D. and Hemphill, T., 2019.Digital business and e-commerce management. Pearson UK. Senyo, P.K., Liu, K. and Effah, J., 2019. Digital business ecosystem: Literature review and a framework for future research.International journal of information management,47, pp.52-64. Sousa, M.J. and Rocha, Á., 2019. Skills for disruptive digital business.Journal of Business Research,94, pp.257-263. Urbach, N. and Röglinger, M., 2019. Introduction to digitalization cases: how organizations rethink their business for the digital age. InDigitalization cases(pp. 1-12). Springer, Cham.