This document provides an overview of digital marketing and its significance in today's competitive business environment. It discusses various tools and strategies used in digital marketing, with a focus on social media marketing. The document also includes a case study on McDonald's and its digital media marketing efforts.
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Digital Marketing1 Slide 1: Digital Marketing In the world of competition, every company needs to find out ways to attract more and more customers in the target market who can help them to increase their sales as well. Digital marketing helps the organization promote the unique selling proposition in the market and attract clients to grow. Under the process of digital marketing, a business makes use of various tools like, SEO, e-mail marketing, data-driven marketing, social media marketing etc. In this era digital marketing activities have started to increase because of the global connect that the business wants to make in the environment. This is an omni-channel strategy that helps the business to adequately understand the demand of the consumer and satisfy them accordingly. Slide 2: Social Media Marketing There are various tools that are present in the social media marketing theory of a company like Facebook marketing, Instagram, YouTube marketing etc. Now a days all the consumers have started using social media apps due to which it becomes easy for the companies to extract information from such channels and represent their brand in a similar way. Like the company Airbnb effectively make use of these channels to represent their business functions and attract the customers to easily contact them and initiate sales as well. Thus, the fact should be noted that social media marketing process helps the organization in attaining information about the customer’s areas of interest and providing them online services accordingly. Slide 3: Cont. The social media platform provides opportunity to people to interact with the management of company through posts, comments etc. This helps the customers to relate with the company and initiate sales for the business as well. Further, there are four steps in implementing a social media marketing strategy that are listen, communicate, engage and collaborate. As SMM is a two way communication so it helps in correctly addressing the confusion the people regarding the product and services and resolves them accordingly. Companies using this type of digital media marketing strategy tend to have better performance growth than the companies not using it effectively. Slide 4: Organization
Digital Marketing2 The company was initially originated as a barbecue restaurant which was further converted in hamburger stand in the year 1948. The main products of McDonalds are burger, fries and milkshakes. The business objective of McDonalds is to “lead a quick service restaurant market by providing qualityfood and services in the market”.Further, it should be noted that McDonalds is currently using the digital media marketing strategies but the strategies of the company are not competitive enough to attract the customers against the rivals present in the market. The objective of the business is to build brand loyalty through its products and services in the market. Slide 5: Application of SMM on Company McDonalds should introduce colourful campaigns to gain the interest of the customers in the market. Also, they should aim to increase the traffic on website by providing discounts and gifts to people initiating sales online. The company should also ask for feedback of clients online for the betterment of the business. Thus, in this way, the company should make use of SMM strategies in the environment.
Digital Marketing3 References Berthon, P. R., Pitt, L. F., Plangger, K., & Shapiro, D. (2012). Marketing meets Web 2.0, social media,andcreativeconsumers:Implicationsforinternationalmarketing strategy.Business horizons,55(3), 261-271. Mulhern, F. (2009). Integrated marketing communications: From media channels to digital connectivity.Journal of marketing communications,15(2-3), 85-101. Rodrigues, J., Nikhil, S., & Jacob, S. (2016). Promotional Strategies of McDonalds and Market Effects.Journal of Management Research and Analysis,3(1), 53-55. Stephen,A.T.(2016).Theroleofdigitalandsocialmediamarketinginconsumer behavior.Current Opinion in Psychology,10, 17-21. Tiago, M. T. P. M. B., & VerĂssimo, J. M. C. (2014). Digital marketing and social media: Why bother?.Business horizons,57(6), 703-708.