This document is a digital marketing plan for promoting a new anti-dandruff shampoo of Birchbox. It includes an overview of the mission, vision, objectives, situational analysis, marketing mix, STP, budget, and evaluation.
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DIGITAL MARKETING COMMUNICATIONS PLAN
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Mission...................................................................................................................................3 Vision.....................................................................................................................................3 Objective.................................................................................................................................3 Situational analysis.................................................................................................................3 Marketing mix........................................................................................................................6 STP.........................................................................................................................................6 Budget.....................................................................................................................................7 Evaluation and control............................................................................................................8 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10
INTRODUCTION The digital marketing plan is basically the document which highlights activities related to the planning of digital marketing campaigns. The main aim of this report is to develop a digital marketing plan for promoting new anti-dandruff shampoo of Birchbox and increase its sales. Thisreportgivesanoverviewofmission,vision,objectives,situationalanalysis, marketing mix, STP, budget and evaluation. MAIN BODY Mission Mission of Birchbox is to make each and every individual on this earth beautiful and self- confident and work towards the interest of stakeholders. Vision The vision of Birchbox is to become the most trusted market leader and global source of the beauty discovery by providing quality beauty products. Objective To increase the sale of anti-dandruff shampoo by 5% in the upcoming 2 months To capture the great market share by the end of year 2020. To increase the customer base to around 8% towards end of the year 2021. To gain competitive advantage in the upcoming 6 months. Situational analysis PESTEL analysis This is basically the framework which is being used by organizations for analyzing the external factors that impacts its operations and functions. Political factors These factors consist of political stability, trade restrictions, tax policies etc Negative effect-Due to the impact of Brexit, there has been high political instability within country and this has affected Lakme to high extent. Due to this political instability, there has been high corruption which has made the operations of country difficult(Chaffey, 2017). Positive- Brexit has relaxed the restriction on trade across the country and this has helped Lakme to trade its products and services across the country. It has increased its brand awareness. Economic factors
These factors encompass exchange rate, unemployment rates, interest rates etc Negative-Brexithaseventuallyraisedtheinterestratesincountryinvariousfinancial institutions and this has made it difficult for Lakme to take loans for its operations. Positive- The unemployment rates in UK has increased from around 32.6% to more than 47.8% from past few years and this has affected company in positive way. It has allowed them to hire skilled and talented employees(Chaffey and Ellis-Chadwick, 2019). Social factors These factors consists of population rate, health consciousness, attitudes etc Negative-Nowadays, a high number of customers have become highly conscious towards the beauty products which are made up of organic ingredients and safe for their skin. This has eventually reduced the sale of inorganic products of Birchbox. Positive-People have now become highly concern towards their personality and leads luxurious life. This has affected Birchbox in positive way where people are ready to pay high prices for beauty products to look beautiful. Technological factors These consist of innovation level, automation, online power etc. Negative-The emergence of various advanced technologies like artificial intelligence, robotics have affected company in negative way in terms of security and privacy issues. Positive-The advent of technology and social media have affected Birchbox in positive way and have enabled them to reach a wide rage of customers through social media, advertising etc (Negoiţă and et.al.,2018). Environmental factors These factors consists of weather, climatic changes, environmental policies etc. Negative-Nowadays, people are highly concerned towards reducing plastic water and this has affected company in negative way. This has eventually posed a challenge for Birchbox to offer plastic free packaging of their various beauty products. Positive-The increasing protest of people towards deforestation has affected company in positive way. As Birchbox has contributed to high extent towards reducing deforestation and sustainability thus this has increased goodwill of company among customers(Kabir, 2017). Legal factors
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These consist of discrimination laws, health and safety laws, patents etc. Negative-FDA has levied various laws as well as regulations on trading of the beauty products and services and this has somewhat become difficulty for company to transfer its goods and services. Positive-Government in UK has reduced the tax on trading the beauty products and services across the country. This has affected Birchbox in positive way and have increased their market capture. SWOT analysis Strength The major strength of Birch box is its great brand image. This company is basically the first nationally recognized subscription based cosmetic organization and this has helped the company to enlarge its customer base. Another major strength of this product is that it will provide one solution to all the problems of the hairs of customers. This product will provide an intensive care to the hair of customers. Besides this, it will cater all the needs of customers who are looking for shinier and healthier hair(Visser, Sikkenga and Berry, 2019). Weakness The major weakness of this product is in its texture and smell. As people have become highly oriented towards the beauty products which are beautiful in looking as well as have great smell. This is mostly the perception of customer that nice smelling and beautiful looking product will be effective. Thus, the shape of bottle is not highly attractive and its smell is neutral which might not attract customers. Another weakness of this shampoo is that it has limited and low market share in comparison to other skincare and cosmetic brands(Juwaheer, Rosun and Sungkur, 2018). Opportunities The major opportunity which is being available to Birchbox is improving the packaging. Packaging leaves a great impression in the minds of people and thus have a great effect. Thus, Birchbox have the opportunity to improve the packaging of its new shampoo to give it a fresh look. Another opportunity available is focusing on dry hair and split ends hairs rather than just focusing on dandruff hair. This will be a great opportunity fort the company and will increase their overall market share(Urbaníková, 2019). Threats
The major threat which might affect the success and business of this shampoo is increasing competition within market. The major competitors of Birchbox which are Loreal, Lakme are highly focused towards providing innovative and distinct products thus in this view, their great presence in market might affect its success. Another important threat which will pose a challenge for company is threat of the substitute products. Large number of the local brands might affect the growth of this anti-dandruff shampoo as they will sell the substitute products at lower price. Marketing mix Product The major product which the company have decided to increase the sale and launch is anti-dandruff shampoo. This product will be main focus of company. Price Birchbox will use premium pricing strategy for its new anti-dandruff shampoo and will generally have high price for its products(Chaffey, 2017). Promotion For promoting the product, company will utilize online platform and will seek the help of social media, television, websites etc to reach the customers.Besides this, company will also promote this shampoo through offline channels through events. Place This new anti-dandruff shampoo will mainly target people living in the urban areas. The product will be advertised in highly populated areas like malls, cinema hall etc(Chaffey and Ellis-Chadwick, 2019). STP Segmentation Segmentation is basically the process of dividing the customers into various groups according to different variables like age, gender, educational qualification, income etc. In short, this is the method through which organizations divide target customers into small and distinct groups. Birchbox will mainly segment its customers for new anti-dandruff shampoo on basis of their income and gender. This shampoo will mainly target the high income people and females between the age group 21 to 35(Negoiţă and et.al.,2018). Targeting
This is the process through which organizations mainly targets the specific customer segment. This is strategy in which organizations break large market into small segments for concentrating upon specific customers. For its new anti-dandruff shampoo, Birchbox will mainly focus on concentrated targeting and will target the niche market for promoting its shampoo. Company will target single profitable market segment of high income group. Positioning Positioning is primarily process and strategy for establishing image as well as identity of the products and brand among customers. In short, positioning is place which brand occupies in minds of customers. Birchbox will use price positioning for its new anti-dandruff shampoo. Company will offer the shampoo at much high price due to its great quality and will attract high income class people(Kabir, 2017). Budget Budget plan for marketing mix strategic planning 202020212022 Product diversification $ 120$ 100$ 80 Maintaining varietyof products $ 80$ 60$ 50 Warehouse management $ 80$ 90$ 100 Website creation $ 100$ 150$ 160 Development of mobile application $ 200$ 150$ 100 Designingthe email $ 100$ 125$ 150 Creationof$ 45$ 60$ 90
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YouTube videos Blogand Twitter creation $ 50$ 60$ 80 Social campaigning $ 55$ 70$ 86 Introducing electric cars for distributingthe products $ 100$ 120$ 140 Managing people $ 80$ 100$ 120 Total marketing budget $ 930$ 1085$ 1156 Evaluation and control In order to measure the effectiveness of its product and marketing campaign, it is highly essential for organizations to evaluate and control the campaign. KPI Website traffic This is the key performance indicator which will be used by Birchbox for evaluating success of its anti-dandruff shampoo. Website traffic is how much people have visited the site and searched for information regarding the product. When website traffic is high then this shows that this product is liked by customers(Visser, Sikkenga and Berry, 2019). Conversion rate This is the ratio and number in which customers have been converted into consumers for the product. When this conversion rate is high then this shows that large number of people have purchased the product. Birchbox will use this indicator to know the conversion rate and how many customers have been converted to consumers for anti-dandruff shampoo(Juwaheer, Rosun and Sungkur, 2018). CONCLUSION It has been summarized that through digital marketing plan, an organization is able to promote its products and take its brand message to wider audience. This plan primarily helps
them to plan the various activities which will be required for advertising product by providing a depth analysis of their strength, weakness etc.
REFERENCES Books & Journals Chaffey, D. and Ellis-Chadwick, F., 2019.Digital marketing. Pearson UK. Chaffey, D., 2017. Digital Marketing Planning Template.Viitattu.21.p.2017. Juwaheer, T.D., Rosun, S. and Sungkur, R.K., 2018. Digital Marketing. Kabir, M., 2017. Communication via Digital Marketing. Negoiţă, O.D and et.al.,2018. Digital Marketing Tools Used by Companies.FAIMA Business & Management Journal.6(4). pp.66-76. Urbaníková, G., 2019. Design of Marketing Communication for Beauty Salon. Visser, M., Sikkenga, B. and Berry, M., 2019.Digital Marketing Fundamentals: From Strategy to ROI. Routledge.