Company background In 2000, The Britsh ASOS Plc, a fashion company, was created (asos.com, 2020). The aim of this organisation is to target young adults for selling clothing products. The management team of this organisation is interested to expand its business. This organisationhas developed astrategic plan to expandits business in Australia.
Issues The business growth and profit of ASOS are declining. Through analysingconsumerbehaviour,thisorganisationcanmanage those issues. ThefirstissueisthatthemanagementteamofASOSisnot successful to manage the print media. The second issues is that the profit and business growth of ASOS is affected by the distribution problem of this organisation.
Objectives Tosolvethoseissueswhicharecreatingnegativeimpacton ASOS can be managed by business modification of ASOS. By creating an efficient customer service unit the management team of ASOS can manage those issues. To attract the young adults, this organisation can prioritised the machine learning procedure. It will help the company to create engaging and attractive offers for the customers. Thoughefficientcampaignthisorganisationcanattractthe potentialcustomers.Thecampaignmustbeattractiveand provide the necessary information to the customers.
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Target audience for campaign The primary target market of this company is primarily female and male between the age group of 18-35 years. Primarily female and male whose income is 22,200 to 88,700 Australian dollar. Those people who are interested to maintain high social status through cloths are the component of target market. Those young people who are office goers, and have a active social life and busy schedule are included in the targeted market. Young people who are from Australian University and born in Australia are part of this target market.
Target audience for campaign Young people between 18-35 years who are interested to partying, attending social gathering and attending college fests are part of the target market. Young people who are comfortable with social media and mobile application. Not only the extrovert but also the introvert are part of the target market. Easy brand switchers and enthusiastic people are targeted by this organisation.
Marketing activities Through four marketing objectives, the tactics of ASOS can be identified.Products,price,promotion,andplacearethefour objectives of marketing(Abril & Rodriguez-Cánovas, 2016). To make a successful campaign for a new product, ASOS has to analyse the four marketing objectives. Products: The aim of this organisation is to increase its selling capacity. Clothing products for female and clothing products for malearetheproductsofthiscompany.Thisorganisationis interested increase its products variation for clothing products.
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Marketing activities Price: Mass marketing pricing will be beneficial for this organisation. Premium pricing procedure can not help this organisation to increase its selling. The management team of this organisation is interested to target the young people of Australia. Instead of premium pricing procedure, following the mass marketing procedure will help this organisation to reach the maximum number of young people. Promotion: for the promotion purpose Omni-channel marketing can be followed by the marketing team of ASOS. Through this marketing strategy, the marketing team of this organisation will attract the customer from both digital channel and in-store (Payne, Peltier, & Barger, 2017). It will help this organisation to reach its products to the maximum number of customers. This transformation marketing style will help the marketing team of ASOS to enable its customers to convert on any channel.
Marketing activities Place: This organisation has to follow Omni-channel distribution procedure. Potential customer can buy clothing products both from online platform of this company and offline store of this company(Ailawadi & Farris, 2017). Through this procedure, this organisation can provide its products to the customer who are busy through its online platform. Other customers can get the products both from online platform and offline store.
Evaluation of the campaign success Change in consumer behaviorThisparameterwillreferthatwhetherthecampaignof this company is successful or not. If this organization is successful to attract its potential customer then it can be saidthatthisorganizationissuccessfultolaunchan efficient marketing campaign. Increased awarenessWhetherthisorganizationissuccessfultoincreaseitsbrand awarenessornotwillidentifythesuccessofthiscampaign.To increaseitsbusinessthisorganizationhastomaximizeitsbrand awareness. It will help this company to influence potential customers. Increased adoptionThis parameter will analyze whether the new product is adopted by the potential customer. If the company is successful t increase its business then it can be said that the marketing team of this company is successful to create an efficient marketing campaign.
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References Payne, E. M., Peltier, J. W., & Barger, V. A. (2017). Omni-channel marketing, integrated marketing communications and consumer engagement.Journal of Research in Interactive Marketing. Ailawadi, K. L., & Farris, P. W. (2017). Managing multi-and omni-channel distribution: metrics and research directions.Journal of retailing,93(1), 120-135. Abril, C., & Rodriguez-Cánovas, B. (2016). Marketing mix effects on private labels brand equity.European Journal of Management and Business Economics,25(3), 168-175. asos.com. (2020). who-we-are. Retrieved 7 February 2020, from https://www.asos.com/about/who-we-are/?ctaref=aboutus|whoweare