This report discusses the effectiveness of digital marketing, including the marketing mix, key elements of communication mix, and how different social media channels are used as part of a brand's communication strategy.
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Table of Contents INTRODUCTION...........................................................................................................................1 PART 1............................................................................................................................................1 Describe and discuss the Marketing mix using the examples....................................................1 Describe the key elements of communication mix....................................................................2 PART 2...........................................................................................................................................3 Explain how the different social media channels are used as part of a brands’ or company’s communications strategy.............................................................................................................3 Explain why you think the social media content is effective?....................................................5 CONCLUSION...............................................................................................................................5 REFERENCES................................................................................................................................7
INTRODUCTION Marketing is the activity, set of instructions, and processes for creating awareness, communicating and delivering the goods and services of the business organisation. Itrefer to the promotion of goods and service that a company offer to promotes its brands to a target audience. It involve directing, communicating and delivering of goods. Marketing mix is a set of action, tactics that business uses to placing the product at right time, place and price to satisfy customer needs and wants to make ever lasting relationships with the buyer by identifying, anticipating and attracting them towards their needs. Nowadays, companies uses these strategies to increase their market demand. It is mainly based on fulfilling the wants of consumer world wide and delivered them the highly manufacture products in proficientmanner(Deepak and Jeyakumar, 2019).This report include the explanation of marketing mix, elements of communication mix , how different social medial channels helps in communication strategy for the organisation and lastly why social media content is effective for the business organisation. PART 1 Describe and discuss the Marketing mix using the examples Marketingmix-Itisthesetofmarketingtoolortacticsusedbythebusiness organisation to promote the products or services. It is all about positioning of the product and selling it to the right customers at the right places. The components of marketing mix consists of 7P's which are discussed below: Product--It is a commodity of the business organisation which is created to satisfy the needs and demands of the individual or group of people. A product has a certain life cycle which included different phases such as growth, maturity, decline. It is very important for the marketersto reinvest and develop the products of the business organisation to stimulate more demand of the customers. For example Tesco has the wide variety of products including food, clothing, stationary cosmetics etc.(Deges, 2018). Price-It is the cost that the consumer pay for the product. For example Tesco uses the cost leadership as a pricing strategy in which it focuses on keeping the prices low as much as it can to attract the customers. Place-It defines where the consumer will buy the products or service and how to bring the product in the market. Tesco uses two channel which is online and physical stores as 1
a distribution channel for its products or services. It has almost 7000 offline stores across the world. Promotion-It means how to attract or communicate the customer for selling the product using promotional strategies like advertising, social media, public relation.. For example Tesco use4s different promotional strategies television, newspaper, social media to communicate to its customers(Galli, 2018). People-It is the important tool in marketing to understand the consumer services and experience, as per the individual needs and wants and how to deal with it. These are the employees of the business organisation. For example Tesco has a huge number of workforce in order to attend customers and the company invests for the training and rewards for its employees so that they are motivated. Process-It refers to delivery of the good and services to the customers and its also affect the performance provided to the buyer. For example in Tesco company the customers pick up their products and collect it in a basket and then go to customer assistants for makingthebillandpayment.Alsocustomerscanuseselfservicepayments machines(Ndofirepi, Farinloye and Mogaji, 2020). Physical evidence-It provides the experience to the consumer when seller interacting with the buyer likepackaging of product, place or environment of the business. For example the company has the excellent logo and make efficient use of colours so that the stores look attractive to the people visiting it. Describe the key elements of communication mix Marketingcommunicationmix-Itreferstotheset oftoolused bythebusiness organisation to promote its products or services to target a large audience. It is very important for the organisations to understand that which method of communication will be more suitable for its product. The communication or the message that need to be conveyed in the market should have theproperandcorrectinformationfortheconsumers.Therearevariouselementsof communication discussed below:Advertising-This is one of the method for communicating the informations about the productsorservicestothepublic.Advertisingcanbeviatelevision,newspaper, magazines radio etc. one of the most popular forms of advertising is public relations which makes possible for the business organisation to communicate the information 2
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about the product easily and to large audience. For example airtel uses television for advertising about its products.Personal selling-This involves door to door selling or the personal selling in which the sales person directly explains about the products or service to the customer. This is the traditionalmethodof communication.For example theshops in the societyhave salesperson who are there to help customers by providing the information of the product such as its price, quality and about the ingredients(Rajavi, Kushwaha and Steenkamp, 2019).Sales and promotion-This included discounts, paybacks etc. for the customers so that they are attracted towards the offerings of the business organisation.For example Big bazaar uses the sales and promotional methods for attracting customers. It provides schemes , discounts on the basic household products by which consumers are attracted tos such schemes and the organisation is able to achieve its objective.Public relation-It means when people talk about the product with their family, friends it is basically the word of mouth which can help the business organisation to promote its products or services. Social media has become one of the most important platform for the public relations campaigns. Direct marketing-This involves the marketing of product or services through emails, text messages, websites etc. The use of digital marketing has become the important aspect for the business organisations as people are highly dependent on the internet and online platforms.ForexampleNikeusesdirectmarketingusingthesocialmediato communicate and promoter its brand. PART 2 Explain how the different social media channels are used as part of a brands’ or company’s communications strategy There are various different channel of social media which can be effective for the business organisation. Every channel is different from another and has different aspects for promoting the brand of the company. Here below 4 channels are discussed LinkedIn-It is the most prominent tool where the people can find jobs. This is social media where anyone can make an account and apply for the jobs in their desired fields. 3
The various companies use this platform to hire for their organisation. They promote the brand by providing the information about the company and job profile. This is visible to the people who have an account and helps the individual in finding the right job for themselves. Foe example if deloitte company wants to hire people for its organisation for the finance profile. It will communicate the information on the platform and the willing candidate can apply to it. This strategy help to communicate the information about the hiring process which is required by the organisations. Facebook-As in today's world every person uses Facebook. This tool is considered the most relevant because people spend their free time in surfing internet and uses Facebook. This is a platform where people are connected with their family, friends and can talk. The brands use this tool for promoting products or services by showing ads in these platforms. The digital marketing has a huge power in influencing the customers. People get attracted to the images and the pop ups messages which are shown in the platform. This the the most strategic tool of communication for the organisation. For example Lo real company usesthistoolbyshowingavideowithacelebritywhichcaninfluencethe customers(Calvo-Baltanás, 2019). Snap chat-It is a social networking platform where the people can share fun stories and live pictures or videos with their friends. This is a platform which is used by the business organisationtocommunicateabouttheproductsorservices.ForexampleAdidas launched a campaign where people can send their own design using snapchat and the best can be implemented by the company. This was a promotional strategy used by the organisation. Twitter-It is a social networking platform where the people can post and convey message which is known as tweets. The people who have registered themselves or have an account on twitter can post , comment, retweet. For example APPLE INC. uses this media as its communication strategy to have a different and unique in its brand. As apple is itself a well known brand and known for its services and high technology products. It launches its products on the twitter to target large audience. Explain why you think the social media content is effective? The world is highly reliable on the technology and digital platforms. Specially the youth has a craze of using the social media and uploading the live videos or pictures over the internet. 4
Use of social media has become the most important part of the lives for the people. It is the best tool for communication. People living far away and those who can not make a meetup plans can communicate via social media and this has become very prominent in nature. So observing this change in the lifestyle it has become the important aspect for the business organisation to use social media platforms for communication and promotional strategies. It is effective for the company's because the digital marketing attracts the customer in a more convenient way. The visual pictures and now a days the use of Instagram has become the tool where people have their business over social media. Starbucks uses social media as it put stories of its product andit attracts the customers the way it uses funky names on the cup of coffee(Ramady, 2018). CONCLUSION From the above report it is concluded that marketing is a tool which is used by the business organisations to communicate and promote its products or services through different channels such as direct marketing, social media, advertisement, personal selling etc. I is very important for the business enterprise to use different promotional strategies. The analysis can be done through marketing mix which is a set tool used to analyse the various P'S for the business organisation. It helps the company to allocate the different strategies and how to promote its productintherightplacetotherightaudiences.Therearevariouskeyelementsof communication mix such as advertising, public relation, sales and promotion, personal selling. Every element is different in its own way , the organisation need to adopt the best option for its product so that the information is reached to the target customers. There are different social media channels used to communicate and promote such as linked in, Facebook, twitter and snapchat which helps the organisation in digital marketing of their brand. 5
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REFERENCES Books and Journals Calvo-Baltanás,V.,2019.Controlofplantmeiosisusingvirus-inducedgenesilencing (VIGS)(Doctoral dissertation, Wageningen University and Research). Deepak, R.K.A. and Jeyakumar, S., 2019.Marketing management. Educreation Publishing. Deges, F., 2018.Quick guide influencer marketing. Springer Fachmedien Wiesbaden. Galli, B.J., 2018. Using marketing to implement a strategic plan: Reflection of practiced literature.International Journal of Service Science, Management, Engineering, and Technology (IJSSMET).9(1). pp.41-54. Ndofirepi, E., Farinloye, T. and Mogaji, E., 2020. Marketing mix in a heterogenous higher education market: A case of Africa. InUnderstanding the higher education market in Africa(pp. 241-262). Routledge. Rajavi,K.,Kushwaha,T.andSteenkamp,J.B.E.,2019.AMulticategory,Multicountry InvestigationofSensitivityofConsumers’TrustinBrandstoMarketing-Mix Activities.Journal of Consumer Research. Ramady, M.A., 2018. The Aramco IPO: Governance, Listing, Options, and Policy Implications. InSaudi Aramco 2030(pp. 167-248). Springer, Cham. 6