Effectiveness of Digital Marketing: Description of Marketing Mix and Communication Mix with Examples
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This article discusses the effectiveness of digital marketing through the description and discussion of the marketing mix and communication mix with examples. It covers LinkedIn, Facebook, Twitter, and Snapchat as part of a brand's communication strategy.
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BSc (Hons) Business Managementwith Foundation BMP3006 Practical Digital Marketing Assessment 1 Effectiveness of Digital Marketing Submitted by: Name: ID: Contents 1
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Part 1p-p Description and discussion of the Marketing mix with examples p Description and discussion of the key elements of the communications mix with examplesp Part 2p-p Explanation of how each of the social media channels are used as part of a brand’s or company’s communications strategy (using examples:p-p LinkedInp Facebookp Twitterp Snapchatp An explanation of why I think the social media content is effective. Referencesp 2
Part 1 Description and discussion of the Marketing mix with examples Marketing mix can be defined as group of marketing methods which are used by the businesses to achieve the objectives and goals in the market. It is related to the business and marketing strategies which are formulated for making proper decisions. The marketing mix on Tesco is discussed below: ï‚·Product:It is the goods and services which are offered by the organisations to the customers in the market. Tesco provides a wide range of products whichinvolvesclothing,food,stationary,electronicsandotherfinancial services(Arifin, Melia and Fushen, 2022). The company is able to satisfy the needs of every section of society. The organisation also sells its goods and services through online platform. Tesco has reviewed the various categories and has nowreducedits productlinetopay attentionontheessential products. ï‚·Prices:It is the rate at which the products are available to the consumers in themarket.ThePricingstrategyofTescocanbeconsideredascost leadership. The organisation focuses on reducing the cost of goods and services through the economies of scale. It helps the company in attracting a large number of customers because of the reasonable prices. It continuously works with its suppliers for enhancing and making the supply chain efficient which helps in reduction in the prices(Betsan, 2021). ï‚·Place:It is the place where the business sells its products to the customers. Tesco is operating in so many countries which helps in making its presence all across the world. The company offers its goods and services in both the modes i.e. offline and online. It has almost 7000 offline outlets around the world. This shows that Tesco uses various channels for reaching out to the customers. ï‚·Promotion:It is related to the advertisingstrategies which are used for promotingtheproductsinthemarket.TescousesTVadvertisements, sponsors charitable events, offers propagative discounts, etc. It has a strong brand image which assists in promotional activities significantly. The company advertisesitsproductsinnewspapers,televisionandothersocial platforms(Farinas and Rodiguez, 2021). 3
Process:It is related to the set of activities which are performed in order to achieve something. Tesco uses a standardized system such as processing a customer's order in the offline stores, pick up the products and making an efficient payment systems using the self-service machines. People:It is related to the stakeholders, customer's and employees which are involved in the business operations. Tesco has more than 4,00,000 people whichareworkinginthecompany.Theorganisationtakescareofits employee's and along with the customer's and other stakeholders. All these people play a crucial role in the success of Tesco(Gao and Zhang, 2020). Physical Evidence:It is not only related to the tangible aspects but also includes logo, symbols and other things which are involved in the business. Tesco has paid special attention on its website and other online tools. This has helped the company in building a positive and healthy environment in the organisation. Description and discussion of the key elements of the communications mix with examples Communication mixis often known as promotion mix and is a set of five elementswhichareusedbythebusinessestomakecommunicationwiththe customer'sandotheressentialstakeholders.Itisformulatedformakingthe communicationprocesseffectiveandefficient.Thevariouselementsof communication mix is discussed below: Advertising:It is related to the promotion of products which are offered by the business in the market. There are various channels of promoting the productssuchasTV,radioandothersocialmediaplatforms.Itisthe advertisement which is used by the businesses to attract customer's towards the organisation(Melović and et. al., 2020). For example-Tescouses various advertising activities for spreading awareness with regard to the products in the market. This helps in increasing the revenues of the company. PersonalSelling:Itisthemostcommontechniqueofadvertisingthe products.Thishelpsincommunicatingthebenefitsofproductstothe customer's for making them convince to purchase the goods and services. For example-Unileverhasfocusedonhiringsalesmanwhohavecomplete 4
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knowledgeabouttheproducttomakepersonalsellingtothe customer's(Papageorgiou and et. al., 2020). ï‚·Sales promotion:It is a technique which plays a very essential role in the marketingactivity.Itinvolvesvarioustoolssuchasofferingdiscounts, coupons and premiums to the customer's for increasing the engagement. For example-Marks and Spencerwhich provides various discounts and coupons for attracting a large number of customer's inthe market. This assists the company in increasing the revenues of the business. ï‚·Public Relations:It is considered an art of spreading the message in regard to the products in the market. It aims to create a hype which helps in marketing of goods and services easy. This can be done with the help of press conferences, newspaper advertorials and face to face interaction. For example-Tescois using all the available tools like newspaper advertorials and press conferences for making a good image of the product(Ugli, 2022). ï‚·Direct Marketing:It has been seen that digital marketing has evolved in the last few years. The organisations takes the help of various social media platforms to promote the goods and services. This attracts the customer's due to the presence of innovation and creative segment. For example-Netflixis using the digital platforms for advertising the products among the customer's. The management of the company creates various memes and posts for increasingtheengagementoftheconsumers.Thebusinessalsotakes feedbacks which helps in understanding the needs and wants of the market. ï‚·Packaging: It is an essential medium of communicating with the customer's. It is the last stage in the process of product. The businesses pays attention on this element since it is related to the final output. For example-Tescofocuses on making the packaging of the product creative and unique. This will help in increasing the sales of the company and also make the product popular in the market. Part 2 5
Explanation of how each of the social media channels are used as part of a brand’s or company’s communications strategy (using examples: LinkedIn It is considered one of the most professional platform which is used by the organisationforcommunicatingthemessage.Thishelpsthebusinessesin identifying the target audience and also increase the engagement of customer's. LinkedIn is a strong platform which helps the companies in developing partnerships, provide support to the society and prepare various policies. It has more than 650 million users across the world. It is one of the most famous social media platforms which assists in developing a social network through various marketing campaigns. The organisations uses this platform for spreading the awareness regarding the brand, connecting to various markets and increase in engagement. For example- Microsoft uses this platform in the process of recruitment as it helps in identifying the potential candidates which will able to perform the work properly. The company is able to select talented and skilled workers from various nations from all over the world. The organisation is also using this platform for communicating the important messages to the customer's and other essential stakeholders. This assists the businessinmaintainingastrongpositioninthemarket.LinkedInhashelped Microsoft in making a strong workforce which has gained experience in formulation of a business strategy. This is the reason, the organisation has build a strong and positive reputation in the market(Zahay and et. al., 2022). Facebook Facebook is one most popular and relevant social media platform which is used by the companies in making advertisement of the brand. It is a platform which is used by a large number of users all across the world. The companies have realised that most adults use this platform which is also the target market of the business. The helps in making the policies for increasing the brand awareness in the market. This allows the organisation to implement their strategy effectively and efficiently. The companies share various videos and posts for making the process of communicationwiththecustomer'sbetter.Forexample-Tescoisoneofthe businesseswhichareusingtheplatformofFacebookfortheircommunication 6
strategy. The company is involved in developing ads and posting pictures and videos on the official account of the business constantly. It has helped the organisation in spreading awareness about the products and policies in relation to any new product or strategy. Tesco offers various discounts and offers to the customer's which has made an positive impact on the audience to buy the products which are offered by the business. Twitter It is also a social media platform which is used by the organisations for making the policy in regard to communication. The aim of the business to use the platform of Twitter is properly communicate with the customers. The organisations use this for the purpose of receiving and sending the various messages to different social groups. For making the interaction smoothly, the message is prepared in a proper and concise manner which involves making it in around 150 words. For example- Starbucks is a company which uses Twitter in communicating with the consumers. The aim of the organisation is to build a connection between the brand and the audience. It has more than 10 million followers on its account on this social media platform. The business has become popular on this platform due to its red Christmas cup which has lead to creation of debate all across the world with the usage of the hashtag. Starbucks is embraced by the reflecting cups in various forms with a covering of different photos on it. The company also allowed its followers to retweet this which has helped in increasing the engagement of the consumers. Snapchat Snapchat is used by the organisations for making interaction with the targeted customer's. The platform is among the top 15 digital platforms which are used by the users all across the world. For example- Netflix uses the platform of Snapchat for advertising the products and services which are offered. The show stranger things which is very popular now after the company has used various hashtags and filters. These can be used by various users of the organisation which allows to share the messages of the business. This helps in motivating the audience to watch the show or movie on the platform of the company. 7
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An explanation of why I think the social media content is effective. The content on the social media platform is considered effective as it engages theindividuals and helps in connecting with the audience. It assists in sharing the data related to the products and service. It is considered one of the most effective ways for the organisations. Currently, there are various social media platforms which can help the business in growing the brand in the market. The content on these platforms allows the companies to make an interaction with the various people from various nations. This is very essential for increasing the value of the brand and making it popular in the market. This is very essential for the organisations to enhance the performance with the use of various marketing strategies. This way it can convert the potential customer's into the retained consumers of the business. Good and effective content assists the companies to make a positive interaction which will lead to arise of various opportunities for the organisation. This also adds value to the stakeholders and will also improve the experience of the customer's. It is very essential for any promotional or advertising campaigning, the nature and quality ofthecontent. Thiswillhelpinattractingnewcustomer'stowardsthebrand. Advertising through these online platforms is also a cost effective method which saves a lot of time and money of the business. References Arifin, Y., Melia, J.F. and Fushen, F., 2022. DESIGN OF MARKETING PLAN FOR DENTAL HOSPITALS IN THE DIGITAL ERA.Indonesian Journal of Health Administration (Jurnal Administrasi Kesehatan Indonesia),10(1). Betsan, D., 2021.Critical analysis of digital marketing regarding impact on sales and marketing performance(Doctoral dissertation, Hochschulbibliothek HWR Berlin). Farinas, L.M. and Rodiguez, D., 2021. The influence of digital marketing on recruitment effectiveness: a qualitative study.European Research Journal of Management and Business Economics,6(1). Gao, F. and Zhang, L., 2020, April. Application of artificial intelligence and big data technology in digital marketing. InProceedings of the 2020 2nd International Conference on Big Data and Artificial Intelligence(pp. 270-272). 8
Melović, B. and et. al., 2020. The impact of digital transformation and digital marketing on the brand promotion, positioning and electronic business in Montenegro.Technology in Society,63, p.101425. Papageorgiou, G., and et.al., 2020, April. Towards the Development of a Digital Marketing (DM) Competencies Framework. In2020 IEEE Communication Strategies in Digital Society Seminar (ComSDS)(pp. 145-149). IEEE. Ugli, Y.N.B., 2022. The main directions of introduction of digital marketing technologies into the activities of service providers.ACADEMICIA: An International Multidisciplinary Research Journal,12(5), pp.570-575. Zahay, D., and et. al., 2022. An integrated model of digital marketing curriculum design.Marketing Education Review,32(3), pp.205-223. 9