Digital Marketing Report for Dark Woods Coffee Ltd.
Verified
Added on 2023/06/17
|5
|973
|101
AI Summary
This report analyzes the use of digital marketing for Dark Woods Coffee Ltd. and includes a PESTEL analysis of the macro environment, factors in the micro environment, potential market segments, and strategies to enhance profitability.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Digital Marketing Report
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
INTRODUCTION Digital Marketing refers to the use of Digital Mediums to make sure that the customers can be targeted and therefore they can be made aware about the different types of products and services of the organization. Thus, it can be stated that its use is quite important for the organizations to sustain in the market and earn more profits. This report will focus on Dark Woods Coffee Ltd. It is a Tea and Coffee merchant which provides its products and services to the customers. In this report, a detailed and specific focus will be made on the use of Digital Marketing. MAIN BODY Analysis of Macro and Micro Market Environment- Macro Environment- This environment considers the influence of the different types of macro factors on the organization so that the managers are able to take decisions accordingly. The macro factors can create a particular level of impact on the organizations because the external environment is quite dynamic and ever-changing in nature and it is highly necessary that the appropriate decisions are taken by the managers after considering the influence which is created by these particular factors which will therefore help in the attainment of goals and objectives. For assessing the impact of Macro Environment the use of PESTEL analysis has to be made. Its use can be made in the following manner- PESTEL analysis- Political factors- They are important because the politics in country keeps going through different types of changes and it is highly important and necessary that the influence of these factors can be considered. Dark Woods Coffee operates in UK and therefore the politicalclimateofUKisquitestablewhichthereforeprovidesstabilitytothe organization to carry out its Business Operations. Economic factors- They are important because the economic situations are dynamic in nature and keep on changing quickly. Thus, it is necessary that the identification of the influence of these factors can be done. Dark Woods Coffee operates in UK where the economic conditions are quite stable in nature and therefore it can be stated that in this 1
way the organization can make sure that it is able to identify the way in which it can enhance profits. Social factors- These factors are also important because the organization has to consider the social needs and requirements of the customers in order to be able to make sure that they can appropriately attain the goals and objectives quite effectively and efficiently. In the context of Dark Woods Coffee, it is crucial to consider them so that it is able to identify the way in which changes are to be made in the products and services to suit the social needs and requirements of the customers. Technological factors- The influence of these factors is crucial and has to be considered because the technology can keep on changing frequently and the relevant changes are required to be made in it accordingly. For an organization like Dark Woods Coffee, it is necessary that the impact of these factors can be considered so that the best decisions can be taken. Environmental factors- The customers prefer that the organizations are conscious about the environment and therefore are able to provide them with environment-friendly products. In the context of Dark Woods Coffee, it can be stated that it is highly important to make sure that they can be considered for the purpose of taking of crucial decisions. Legalfactors-Theorganizationsarerequiredtomakesurethattheappropriate consideration to the legal rules and regulations can be provided by them so that they can easily operate in the country where they are present. For Dark Woods Coffee, it is important to make sure that it can take crucial decisions accordingly which will help it a lot. Micro Environment- It is important that the identification of the factors within the organization can be made which can therefore create an impact on it. The factors here are explained as follows- Customer Demand- The demand of the customers in the market is an important factor here which has to be considered. This is so because the customers are a major driving force behind the decisions regarding the products and services. Thus, for an organization like Dark Woods Coffee it is an important factor. Influence of the suppliers- The influence of the suppliers in the market is a crucial factor which has to be paid appropriate attention. The reason is that the different types of 2
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
suppliers can change the prices of supplies which thus impacts the organizations. Therefore, In this way it also affects an organization like Dark Woods Coffee. Local market conditions- The organization has to pay attention towards the Local market conditions because they are quite crucialto be considered and therefore it becomesquiteimportantforthefirmthatthepricesaredeterminedaccordingly. Therefore, it can be stated that this can create an impact on an organization like Dark Woods Coffee. Local competitors- The firm has to pay attention towards the Local competitors in the market. For Dark Woods Coffee, it is required that it is able to identify these particular competitors so that it can determine the strategy which it can use so that it is able to deal with the impact which is created by them. This will therefore help it a lot to become successful in the market. The potential market segments of Dark Woods Coffee which can be targeted by it so that it can enhance its profitability level are as follows- Demographic segmentation- 3