Impact of PESTEL Factors on eBay's Digital Marketing Campaigns
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Added on 2023/01/05
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This report discusses how PESTEL factors influences the success of eBay’s digital marketing campaigns. It analyzes the impact of political, economic, technological, environmental, social, and legal factors on eBay's digital marketing campaigns.
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 PETSEL Analysis........................................................................................................................3 CONCLUSION................................................................................................................................5 REFERENCES................................................................................................................................6
INTRODUCTION There are many factors exists in business environment of a company which affects its digital marketing campaigns in both manners, positively and negatively. This report discusses how PESTEL factors influences the success of eBay’s digital marketing campaigns. eBay is a very popular e-commerce venture, headquartered in San Jose, California, United States (Huang and Wood, 2017). Currently this American company serves in across the world. The PESTEL framework has been used below for analysing the impact top six external factors of the business environment. MAIN BODY PETSEL Analysis PESTEL analysis is very useful framework or tool to different companies and businesses, because gives opportunity to top-level management of an organisation to know about six major external factors of its business environment. In this dynamic and modern world, use of this tool is very mandatory, because without adopting and implementing this tool, no venture can analyse impact of various external factors. This tool indicates six major external factors of eBay’s business environment, called; political, economic, technological, environmental, social and legal, in which these factors will defiantly affects to digital marketing campaigns of this company. Political factors Political factors will defiantly affect to digital marketing campaigns of eBay. Currently this multinational e-commerce company runs its digital marketing campaigns in many countries, in which upper management and marketing department of this venture have to deal with these factors in its operations of each country. For example; some country’s local government has imposed higher taxation rates on different multinational corporations, in which this political factor will directly affect to digital marketing campaigns of company. On the other side, local government in many countries terminate licence of such multinational businesses which run their campaigns of digital marketing unethically, in which this factor will also affect to eBay for not
running own digital marketing campaigns unethically. Currently the UK’s government is also completely against the untheatrical and inappropriate marketing practices. Economic factors Economic factors also put both types of impacts on eBay’s digital marketing campaigns, positive or negative (Cheng and Ismael, 2017). For example; currently the UK’s economic conditions are not better, in which this factor will negatively affect to company’s campaigns, because when a country has poor economic conditions, then local people like to consumes only essential goods and services in market place for saving their money or fund. In this situation, if eBay run its digital marketing campaigns in poor economic system of a country, then its campaigns will be not succeeded in influencing many customers for buying eBay’s products and services. Social factors Upper management of eBay have to consider social factors as well, because these will also affect to eBay’s digital marketing campaigns. Basically, most people like to consume products of those companies which runs marketing or advertisement campaigns relating their culture. In this situation, social factors will impact to marketing management of company for running such advertisement through digital marketing campaigns which are relatable with customers’ religion, culture and ethnicity. Technological factors Technological factors will positively affect to company’s digital marketing campaigns, because existing e-commerce company can’t run its these campaigns without using various technological gadgets and tools. For example; smart phones, PCs, internet, Tablets etc. are very mandatory to company for systematically running its digital marketing campaigns in the selected marketing campaigns. Environmental factors Digital marketing campaigns of eBay will be definitely affected by environmental factors. For example; in some market places, local government has not permitted to use different
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technological gadgets and tools for protecting the natural environment, because sometimes high range of signals very badly affecting to natural environment. In this situation, upper management of eBay should order to its marketing manager for not conducting such practices under the digital marketing campaign which negatively affect to natural environment. Legal factors The management of company has always required to follow all legal and ethical considerations in its workplace while conducting any business practice of function in market place (Siniakova, 2020). In this situation, upper management at eBay have to ensure that its marketing team is following all legislation, regulations and standards of business or not while conducting digital marketing campaigns in market place. This is necessary to marketing manager for adhering digital all business laws to achieve great success through own digital marketing campaigns. CONCLUSION On the basis of above findings, upper management of eBay have to be ready for dealing with each impact of different external business environment factors while conducting digital marketing campaigns. The marketing management have to consider these all PESTEL factors for gaining huge success from own various campaigns.
REFERENCES Books & Journals Cheng, Y. and Ismael, I., 2017. Marketing and promoting of the design and cartoon works. Huang, Y. and Wood, B., 2017. Identify successful sales and Marketing strategies that affect customer loyalty in a small coffee shop. Siniakova, A. M., 2020. Marketing plan for a “Tangiers Lounge” Hookah Lounge in the US, California.