EXECUTIVE SUMMARY This report is based on the digital marketing plan of the company Chic By Choice which small medium enterprise operating in UK and is online rental clothing business. This report will discuss about the digital marketing plan of the company by comparing and contrasting offline and online marketing concepts. Also, this report will include different tools of marketing which can help in improving the marketing strategy of the company.
TABLE OF CONTENTS INTRODUCTION...........................................................................................................................4 LO1..................................................................................................................................................4 P1 Overview of digital marketing and comparison between offline and online marketing concept.........................................................................................................................................4 P2 Key consumer trends and growth of digital marketing..........................................................5 LO2..................................................................................................................................................6 P3 Key digital hardware and tools available to marketers in comparison to brick and mortar...6 P4 Development of e-commerce and digital marketing platforms..............................................6 LO3..................................................................................................................................................7 P5 Digital marketing plan and strategy for building channel capabilities...................................7 P6 Evolution of Omni-channel marketing...................................................................................8 L04...................................................................................................................................................9 P7 Measurement techniques........................................................................................................9 P8 Actions for improving digital marketing performance...........................................................9 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................12
INTRODUCTION Digitalmarketing can be referred as a process of marketing of products or services by using digital technologies particularly using internet. It also includes display advertising, mobile phone and other digital medium. In this report Chic By Choice is taken as company which is an online marketplace for a people who rent their clothes for fashion show. It is a UK's SME's and operates across more than 15 European markets. Present report discusses about the marketing communication plan of the company which can meet their communication objectives and providestheunderstandingofchallengesandopportunitiesaswellasimpactofdigital environment.Thisreportalsodiscussesaboutthedigitalplatforms,channelsandtools, comparing it with brick and motor and other physical channels. Present report also includes organisation of digital marketing activities and methods of monitoring and measuring digital marketing effectively. LO1 P1 Overview of digital marketing and comparison between offline and online marketing concept Digital marketing encompasses on all the marketing efforts by using the electronic devices or use of internet or use of mobile devices or social media and search engines in order to reach customers. So, marketing experts of Chic By Choice have to consider the digital marketing as best way of communicating with their customers. Digital marketing landscape is an evolving state of digital media as well as advertising (De Pelsmacker, Van Tilburg and Holthof, 2018). It can provide a company a huge opportunity for growth in business as it refers all products and tactics which can be used by Chic By Choice marketers in order to attract people. Offline marketing concept refers to a marketing strategy which is published and released outside the internet. Company can adopt this marketing strategy over different channels of media such as television, newspapers, banners, radio,etc. On the other hand online marketing is a marketing strategy in which internet is used in order to advertise or promote company's goods and services (Chaffey and Ellis-Chadwick, 2019). It involves using of email campaigns, web content, social media campaigns etc. Offline marketing has got limitations can not guarantee the exposure width but online marketing has got no limits for example customer can browse marketing campaign at any time.
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P2 Key consumer trends and growth of digital marketing There are various consumer trends in digital marketing and these digital trends keep on evolving which has resulted growth in digital marketing. Digital marketers of Chic By Choice has to be aware of changes and should be capable to adopt the changes of emerging technologies in order to stay ahead in market (Kingsnorth, 2019.). Some key consumer trends are mentioned below which are resulting in growth of digital marketing: Voice Search:Voice search has gained popularity and is in demand in which all queries are voice based as per the comscore. There are two types of voice searches as smart speakers like Google Home, Amazon's Alexa. Second one are those which are installed in smartphones and desktop like Siri and Google Assistant. Augmented and virtual reality marketing:This ads is considered as a major applications which can be used by marketers in attract their customers. It can help Chic By Choice to bring unreal environments into realistic experiences. This is referred as something which integrates the offer with the reality of customer. Live Videos:Live content is growing faster due to number of social networking apps such Instagram, Facebook, You-tube etc (Quin and Smith, 2018). This has lead to the growth of digital marketing activities and have provided a company to communicate its marketing message to huge audience across UK. Posting a live streaming content can be an effective marketing strategy as it takes short time to produce and also results in real-time users engagement. There are various challenges and opportunities which can be faced by Chic By Choice which are mentioned below: Opportunities: It provides a company an opportunity to reach out the huge customer base as it is an effective way of communication and target potential customers. It also enable the direct advertising and can create an awareness about the company's product and services. Withthehelpofdigitalmarketingcompanycanmaketheiradvertisementmore accessible to its targeted customers. Challenges: Itistotallyreliantoninternetwhichmeansthatcustomercannotaccessthe advertisement if their internet is off or have poor internet connections (Pyle, 2018).
One of the major challenge for the company is that consumers can search for specific product of a particular company which may its competing company. LO2 P3 Key digital hardware and tools available to marketers in comparison to brick and mortar There are various digital tools and hardware available to Chic By Choice marketers are as follows: Organic social media:It is consider as the most powerful tools for marketing where a company can post their ads on Facebook, Twitter, Instagram, etc (Ngo, 2017). So many people spending time on socal media is becoming an important channels of digital marketing. Email marketing:It is also an important tool of digital marketing as it is easy to send emails to multiple customers and continues to grow approximately by four percent over a year. Search engine optimisation:It is most useful tool for digital marketing process as it will increase the quantity and quality of company's website traffic and increases the visibility of company's website. There are also various brick and motor channels or physical marketing channels direct selling which involves interaction with customer face to face by using sales man. Another method is direct mails which includes postcards,catalogues etc where catalogues and postcard sent to customers. Another form physical marketing is billboards, where ads of company are posted. P4 Development of e-commerce and digital marketing platforms Within the improvement in technologies and growth of internet it has lead to the growth of e-commerce and digital marketing platforms. As it have provided various opportunities for the company in conveying their message to huge audience instantly which can be not be done by physical channels. Also, digital marketing platforms also provides an opportunity to offer better customerservicesandanswertheirqueriesquicklywhichhasimprovedthecustomers experience (Taiminen and Karjaluoto, 2015). Development in e-commerce and digital platforms has helped the company to achieve its three important goals such as effective promotions, customer engagement and their retention. But on the other such guarantee was not provided by physical as customer could not be tracked which can be done by using digital platforms. Also, digital platforms and e-commerce have increased the level of creativity and instant customer services which is not possible with physical channels.
Chic By Choice can make use of different digital tools in order to meet their marketing requirements. Company can make use of different software in order to meet their requirements such as Vocus which is one of the leading cloud-based software for marketing that can help the company to acquire and retain their customer. It can also make easier for the company to reach out the customers through social media as well as other online media. Also Chic By Choice can make use of Yesware which is an email based platform which help a company to manage their mails and track mails and promote email advertisements by posting various marketing mails to customers (Maravilhas, 2019). Also, Chic By Choice can make use of different hardware tools server, laptops and Smartphones. By using these hardware tools company can meet their marketing requirements as everyone has got a smartphone and have PCs and laptops where customers can view the advertisement of the company through various social media apps. Company can make use of combination of both software and hardware tools in order to achieve their marketing requirements like social media and smartphone where company can post the live streams which will allow the company to get connected, like, comment and share. LO3 P5 Digital marketing plan and strategy for building channel capabilities DIGITAL MARKETING PLAN Company name: Chic By Choice. Situation:Presently company has decline in sale due to lack of awareness among people Objective:To employ different range of marketing communication tactics which can help the company to reach out company's target market of different genders, culture and ages. Strategy:To promote the advertisement of renting designer dresses which are sources from different brands, boutiques and various e-commerce platforms. The price of rental dresses will be ranging as per normal designers to high quality brands. The target people for this marketing strategy will be both men and women of age 18 to 50 years. Tactics:In order to generate awareness various digital marketing tools will be used by adopting 4 Ps of marketing mix Product:Rental designer clothes Price:Price will be ranging as peer designer of clothes Place:The target market of this marketing objective will be entire UK's fashion industry and
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men and women with the age of 18 to 50. Promotion:There are various marketing channels which a company can chose but the most effective marketing which is suitable for this marketing plan is Social media marketing. Marketing department of Chic By Choice will make their presence on social media, marketers have to develop various social media themes with appropriate images and video in order to attract people. Also, same themes can be used for email marketing which forms another channel of marketing. Company can also make use of pamphlets and make use of print media in order to promote their products across the country to attract targeted customers. Actions:This plan will be executed by marketers of the company by making a proper analysis of the plan and developing a marketing strategies accordingly. Control:In order to measure or control the various benchmarks will be set. Budget:Total budget which will be allocated to this marketing plan will be 2000 Euros. P6 Evolution of Omni-channel marketing Customer's journey have become more and more dynamic and has also become more accessible as before. Also, customer are demanding more proactive, integrated and personalised services. It has been assessed that approximately 51% of customers are expecting organisation's product offering should be same across different channels and also 57% of customer expect that promotions to be consistent across offline, online and various social touchpoints. This resulted in that organisations no longer needed to have different agents for handling different channels of communication and using different system which never interacted with each other (Hanlon, 2019). So, this gave rise to omni-channel marketing. While moving towards omni-channel, different channels are connected through centralised single routing system which helps in creating 360 degree view for customer's interaction. This has allowed customers to have the benefits of seamless, customised, high quality customer experience. There are various tools and techniques for planning of an end-to-end omni-channel marketing campaign which are mentioned below: 1. Personalise for omni-channel customers:In order to market to customers effectively, marketer of Chic By Choice should go for personalised approach. Here marketers should group their users into neat segments like pages they have visited, their interest in type of products, their
operating system, geographic location and also their names as well (Slaughter, 2016). More the details more complete the user profile which can help in segmentation. 2. Providing a convenience of social logins:Giving a used convenient, quick way of login and gaining the access of their social profiles which in turn help in populating the company's profiles more effectively and completely. 3. Consistent experience across channels:Customers should be given consistent experience across the different channels like laptop, using smartphone, or checking the mails. 4. Engagement:Use should be engaged continuously in order to make omni-channel more effective like providing alerts to customers related to discounts and offers. 5. Omni-channel marketing system integration:In order to achieve success, company should be able to track correct metrics but the tools used for marketing should be able interact with each other. L04 P7 Measurement techniques There are various measurement techniques and performance metrics which can be used by Chic By Choice in order to measure the success of digital marketing are as follows: Website traffic metrics:Company's website serves as its home base and also serves the face of brand. So, all the digital marketing efforts should focus on driving the traffic there. Various marketing campaigns or increasing social media reach with its ultimate goal to increase company's website traffic. Bounce rate:It refers the exit rate, it refers the percentage of people leaving company's website or social networking page. This metric can help the company to reveal why visitors are leaving the company like site taking too long or customers are unable to find what they want. Conversation rate:Chic By Choice can measure the number of conversation made on the site by using Google analytics. But conversation may mean various things depending on the marketing campaign for example sale, subscriber etc. Impression:It refers over all number of views of company's content or advertisement on the social media or pay-per click made by a single person. P8 Actions for improving digital marketing performance Following are the actions which should be taken by Chic By Choice in order to improve their digital marketing performance:
Assessing the tech:Based on the budget allotted is limited then marketers have to answer the following questions in order to achieve its marketing goals such as What type of voicing does company's persona prefers Does company has a list of social channels from which buyers potential customers uses the most Is the message consistent across the different channels. SEOoptimisation:ItisvitalfortheorganisationtoaudittheirSEOwithinB2C environment,with the help of SEO company can measure their SEO success by traffic, heatmap analytics, A/B testing (5 ways to improve your digital marketing performance,2019). It is one of the best way of measuring the traffic of company's website. Measuring the content reach:It is important for the organisation to measure their external and internal content reach which can give Chic By Choice to have a broader picture of content topics, content types or message which can be effective for the market. In order to measure the performance of digital marketing performance, Chic By Choice can use online marketing tools such as Google analytics as well as AdWords which can help the company to gather data. After gathering data company can analyse the multitude of metrics which are available on the web easy. This will show the direct and indirect impact of online marketing strategy of company's ad clicks, visits, conversations related to e-commerce sales. Conversation metrics is considered as one of the easiest and the best measurable metric in which company can calculated return on investment and can measure the effectiveness of digital marketing strategy (Maheshwari, Sinnott, K. and Morris, 2017). It involves conversation of digitalstrategyofconvertingclicksintosales.Anothereffectivewayofmeasuringthe performance of digital marketing campaign is impression, When ad is being displayed to users and user makes a click on the ad, request is sent to ad server which helps a company to analyse the number of click or number of customers which have viewed their ad. It counts the clicks and redirects the users to a landing page. So, these are the tools and methods of measuring the performance of digital marketing which can be used by a company. CONCLUSION It can be concluded that digital marketing forms an important part of marketing strategy which can help the company to achieve its marketing objectives. There various trends and insights which have resulted in the growth of digital marketing. Also, there are various digital
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tools and hardware which are totally different from physical channels. Present report also concludes that in order to achieve a marketing objective, it is necessary to develop an effective marketing plan and for which omni-channel marketing can play an important role. Also, in order to measure the success of digital marketing there are various tools which can be used by a company. Recommendations In order to achieve the success through digital marketing proper marketing strategy should be develop. Use of appropriate marketing channel is very important for a company for example Social media which is most popular forms of marketing channel available. It is also important to measure the success of digital marketing performance by using different tools and methods.
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