Impact of Digital Marketing for Promotion of Products and Services: A Study of Next PLC
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This research paper discusses the impact of digital marketing for promotion of products and services on Next PLC. It includes a literature review, research methodology, findings and analysis, and recommendations.
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Dissertation 1
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Abstract Digital marketing is a modern marketing method which allow organisation to use internet, social media, mobile devices and search engines in order to grab attention of large base of audience. With the help of different types of digital marketing platforms large organisation like Next Plc can promote its services and products efficiently and can maximise conversions and sales. 2
Abstract............................................................................................................................................2 Introduction......................................................................................................................................4 Background of the research topic...........................................................................................4 Rationale of study...................................................................................................................4 Research questions.................................................................................................................5 Research aims and objectives.................................................................................................5 Literature Review.............................................................................................................................5 RESEARCH METHODOLOGY.....................................................................................................9 FINDING AND ANALYSIS.........................................................................................................16 CONCLUSION AND RECOMMEDATIONS.............................................................................27 Conclusion.....................................................................................................................................27 Recommendation...........................................................................................................................28 REFERENCES..............................................................................................................................32 3
Introduction Digital marketing is also known as online marketing which helps organisation to promote their products, services, brands and make song connection with consumers with the help of internet and other form of digital tools. Digital marketing is a modern technique or a marketing method through which organisation can significantly track and monitor their campaigns and can invest money and time efficiently (Chowdhury, 2021). This will allow them to have better results and ensure large base of consumer engagement. With the help of different type of digital marketing platforms such as web-based advertising, social media, email etc organisation can connect with prospective and current consumers efficiently. Present research is conducted on Next PLC which is operating its business services British multinational clothing, home product and footwear retailer. Research discusses the impact of digital marketing for promotion of products and services on respective organisation. Background of the research topic Digital marketing is a significant tool which is undertaken by number of business organisation in every industrial sector in order to promote their products services and brand. In any industry to compete it is essential for organisation to take advantage of this marketing platform in order to influence mindset of larger base of consumers. This marketing platform provide a significant opportunity through which organisation can interact with consumers and can influence their purchasing behaviour. Present research discusses the impact of digital marketing to promote products and services. Along with this research define significance of digital marketing strategy along with its importance in product promotion. From this research organisation can have strategies through which they can significantly promote their products through digitalization. Rationale of study In today'sbusinessworld competitionis significantlyfierce for whichorganisation engaged in aggressive competition to attract mindset of consumers towards organisational offering. In retail industrial sector of United Kingdom there are number of business organisations those who are taking advantage of various digital marketing platforms in order to improve their marketing strategies effectiveness as to enhance sales and profitability. Present report is rational as it identifies the impact of digital marketing to promote services and products efficiently. From 4
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this report organisation can evaluate the ways and strategies through which they can promote themselves through digitalization and can enhance growth and development opportunities. Research questions What is all the significance of digital marketing strategies? How digital marketing will be helpful in product promotion? What are the strategies which Next PLC can opt for promoting the products through digitalization? Research aims and objectives Research Aim: “To determine the impact of digital marketing for the promotion of products and services”. A study of Next PLC. Research Objectives: The objectives of the research are: To evaluate the significance of digital marketing strategies. To analyse the influence of digital marketing for the promotion of products. To identify the strategies which Next PLC can opt for promoting the products through digitalization? Literature Review Significance of digital marketing strategies- As per the viewpoint ofDas, (2021) digital marketing strategy is termed as a set of planned action that an organisation performs on online platforms in order to fulfil specific business objectives and goals. It is a process of performing consistent actions in a right time with the help of suitable online channels with an aim to enhance organisation revenue while making improvement relationship with consumers. It is a significant strategy through which organisation can fulfil business objectives. It has been identified that now-a-days internet enhances the use of digital platforms among consumers. Every individual around the world have excess of at least one digital media platform. This increases opportunities for business organisations, as with the help of taking advantage of digital media platforms they can reach to every consumer around the world and can promote their products and services efficiently. Digital marketing strategy also enhances competition among industry as it emphasizes upon taking use of technology which 5
significantly helps in improving business performance (Gani and Faroque, 2021). Digital marketing is a significant business strategy which helps organisation to analyse consumers, market competitors, trends and other business elements. This will significantly help them to you have in-depth knowledge of the elements prevailing in business environment which significantly helps in developing a plan. Furthermore, it has been identified that the digital marketing is significant as it provides real data that will empower organisation to take use of lot of comprehensivedataandinformationinordertoimprovebusinessperformance.Digital marketing strategy also helps in structuring business action which will help in creating strategy through which organisation can increase ROI. In addition to this it has been underlined that with help of digital marketing business organisation can efficiently save time efforts money and can enhance margin as a result. It also helps in reconsidering business relationship with audience, as digital platforms allow company to communicate with consumers during all the stages of buyer's journey. This significantly helps in adding value to business and consumer relationship. It has been identified that with the help of digital marketing strategy organisation can have clear strategic direction through which they can allocate sufficient goals to fulfil targets efficiently. With the help of digital marketing strategy organisation can have better understanding of competitors, consumer profile and customer behaviour which will help company to avoid time and resource wastage. Digital marketing allow organisation to apply digital technologies as well as media in order to grab attention of consumers towards organisational offerings. With the help ofdifferentdigitalmarketingtechniquesbusinessorganisationcanintegratemediaand technology and can enhance overall profitability and performance efficiently (Kim and Moon, 2021).There are different type of marketing technologies such as company website, search engine, mobile app, social media company pages, email and automation, advertising, digital partnershipwithotherdigitalcompaniesandmore.Withthehelpoflotoftechniques organisation can influence consumers purchasing behaviour efficiently. However, there are some challenges of digital marketing in which with the help of creating separate digital marketing plan organisation can analyse opportunities and behaviour at prior stage and can set goals and strategiesaccordingly,asinordertoensurelong-termsustainabilityintoday'sbusiness environment digital marketing strategy plays essential role through which business organisation can maximize overall productivity and profitability efficiently. Digital marketing will be helpful in product promotion 6
As per the view point ofNair and Gupta, (2021)digital marketing gives a strategic and clear direction to an organisation which help them to have better understanding of market and consumer behaviour. Digital marketing is significantly transforming modern business world as it provides them a platform and a way to grow the desired business model efficiently. There are different types of digital marketing strategy which encompasses various tools in techniques through which business organisation can reach consumers while evaluating their behaviour and prospective. It has been evaluated that digital marketing is a lower cost technique through which organisation can target right consumers comparatively to other traditional marketing methods. It also allows organisation to offer personalized and effective facilities to consumers which helps in strengthening relationship with them. This platform also helps organisation to make significant improvement in conversion rate through which organisation can promote their products and services accordingly in market (Peter and Dalla Vecchia, 2021).Digital marketing is mainly defined as advertising brand service or product on digital channels such as social media, search engine, mobile apps and email. In today's business world success is depend on the manner in which organisation take advantage of digital marketing strategy. With help of taking advantage of the strategies in a correct manner company can enhance their sales and can add new consumers and can further ensure long-term growth. There are some of the strategies through which organisation can enhance their overall sales while adding new consumers. Social media campaign, content marketing, email marketing etc are different type of digital media marketing that will be helpful in product promotion. Some of these are being elaborated below: Face book advertisement Face book advertisement is one of the most effectual digital marketing methods, as this digital platform is being used by millions of people around the globe. Face book is having number of active users which offers a significant marketing platform to an organisation through which they can offer their products in front of large base of audience. With the help of taking advantage of Face book ad campaign organisation can set clear goals and can influence attention of consumers. With the help of experienced digital marketer’s organisation with the help of strategic planning as well as logistic can use Face book ad campaign and can promote their products efficiently. Google ad 7
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Google ad is also one of the most efficient digital marketing methods through which organisation can promote their products. Google ad in today's business world is now becoming one of the commonly utilised digital marketing methods (Suh and Chow, 2021).With the help of Google ad which is a type of pay per click add organisation can promote their products efficiently. With the help of Google ad business organisation can advertise products on this platform and can crab potential of number of consumers. Furthermore, it has been identified that Google ad perform faster than SEO as helps organisation to get impression and clicks right away. Strategies which Next PLC can opt for promoting the products through digitalization As per the viewpoint ofPurwanti,(2021)digital marketing is a plan which outlines the manner in which organisation can efficiently accomplish business or marketing goals via online channel such as social media and search media. Digital marketing is one of the most efficient strategic tools through which business organisation can grab attention of large base of consumer segments. Furthermore, it has been evaluated that digital marketing strategy mainly includes social media campaign which basically include partnership with content marketing strategy, influencers which help organisation to drive sales and profitability. In today's business digital media strategy is critical as it helps organisation to enhance competitiveness with the smart approach. With the help of digital marketing strategy business organisation can accomplish their goals in cost-effective manner and can drive successful results efficiently. In terms with Next PLC, it is essential for company to undertake advantage of different type of digital marketing strategy through which they can promote their products via digitalization. This will help organisation to significantly enhance competitiveness and profitability in industry. Social media marketing Social media market is mainly inclusive of using social media platforms in order to connect with audience. In this organisation aim towards building brand, enhancing sales and driving website traffic. Different type of social media platforms like Instagram, Face book, LinkedIn, Twitter, YouTube and Snap chat is providing significant opportunity to business organisations through which they can promote their products and services efficiently. It has been evaluated that social media marketing mainly helps in building brand awareness and enhancing conversions rates. With the help of different social media marketing campaigns organisation can make their products and services feature on more than one social media platforms and can target audience effectively. It has been evaluated that social media marketing is a significant platform 8
through which Next PLC can enhance brand awareness and can maintain organisation reputation while building strong base of consumers (Redjeki and Affandi, 2021).Large page of individuals around the world are taking use of social media platforms which enhances Next PLC opportunity to grab attention of consumers on different geographical regions. In addition to this it has been identified that with the help of relying social media marketing Next PLC can also highlight positive shopping experience of consumers and can enhance our customers trust and loyalty towards organisation. This will also help them to measure a direct impact on the overall revenue and sales. RESEARCH METHODOLOGY Introduction Research methodology is defined as a specific form of technique or procedure which is help in identifying, selecting, processing and evaluating information about the selected topic. With the help of taking advantage of research methodology investigator can critically evaluate overall study in an effective manner which helps in enhancing validity and reliability.In this research methodology, research design mainly considereddescriptive and exploratory research designs are used in study. The researcher must also consider research design in order for the research to effectively aggregate the entire aspect of the resource and keep each and every piece of information in order to arrive at a most ultimate conclusion. Research onion Results onion is inclusive of strategy which includes experimental, research action, research interview, case study research survey or systematic literature review. There are a number of layers of research onion which is mainly broken up into 6 main areas that is research strategy, research philosophy, research approach, research choice, techniques and process. Research onion play important role as it helps in creating a series of stages under which there are different type of methods of data collection through which investigator can conduct research in an appropriate and systematic manner, with the help of taking advantage of appropriate strategies efficiently. 9
Figure1: Research Onion (Source: Influenced bySaunders and Bezzina, 2015) Philosophy of research Research philosophy acts as a belief about the manner in which data related to a phenomenon is required to be gathered, evaluated and utilised.It has been underlined that research philosophy plays important role as it helps and enhancing investigator problem solving capacity and also aid them analyse problem in an effective manner (Solovyev and Bakanova, 2021).There are four types of research philosophy which include Positivism, interpretivism, Pragmatism and Realism.In terms with present research investigator will undertake advantage of positivism research philosophy. Main reason behind selecting this method of research philosophy is that it helps in stressing the importance of conducting quantitative research as to evaluate and analyse overview of society as a whole.This method will assist investigator to determine the methodological approach which is undertaken while emphasizing upon quantitative and logical approaches. Approach to research 10
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Research approach is defined as plan and procedures for research it helps in emphasizing upon broad exemptions to detail methods of data analysis collection and interpretation. There are mainly two forms of research approaches which is inductive and deductive (Beerbaum, 2021).In terms with present investigation investigator will undertake use of deductive approach as it helps in explaining causal relationship between constant and variable and also help in measuring concepts in a quantitative manner. The primary reason behind taking advantage of deductive approach is it helps in generalizing research findings at certain extent with the help of better testing of numeric data and facts. Strategy of research Research strategy is defined as a step-by-step plan of action which provides investigator direction to their efforts and thoughts and also enable them to conduct research in a systematic manner as to produce quality results. Research strategies play important role in research as it helped researcher to choose the right data collection and analyse process. There are different types of research strategies such as research observation, action research, survey etc.In terms with present report investigator will undertake use of survey as it is most suitable form of method which helped investigator to obtain sufficient data from selected sample size from large base of population as to draw a valid conclusion. Primary reason behind selecting this method is that it will help in accomplishing research objectives. Choices of method In order to conduct research, it is essential for investigator to undertake use of appropriate choice of methods to acquire data and information. Quantitative and qualitative are two forms of research method which helps investigated to conduct in depth analysis of the selected topic (Thomas, 2021).Quantitative research is regarded as among the most effective research methods since it focuses on numerical data and proper numbers, that can also help deliver different and unique information from the target audience. Quantitative research technique is basically focused with a certain strategy, namely the deductive approach, in which the researcher can project the results using a specific theory. This study will make use of specialized systems in order to generalize the findings and analyzing the results. Quantitative research is useful for ensuring the accuracy & feasibility of a specific research area. There are a variety of sources available, and this researcher can efficiently acquire adequate responses in a quantitative manner using them. 11
Questionnaires,internetsurveys,andofflinesurveysareexamplesofsuchprocedures. Quantitative research is mostly regarded by researcher in order to carry out this present study, and further researcher opts for the questionnaire approach in order to obtain adequate responses from the respondents. Quantitative replies are easy to quantify, & researchers may collect uncomplicated responses from the intended audience, which can help keep the research's value high. Researchers can obtain quantitative responses in numeric form using the main data collection approach.This is also regarded as the most effective and practical strategy in the context of research because it may assist in providing in-depth knowledge and comprehension of the study topic. The major goal of qualitative research is to keep the research project's quality high such that the researcher can add more value to it and use it as a foundation for future research. The primary goal of qualitative research is to retain the research's efficiency just so the researcher may generalise the good data using an inductive technique. The researcher can effectively generalise the effective and valuable information with the support of prior research and do it in a creative new way using this technique, which keeps the research's innovation & also creative manner. There are a variety of resources accessible to help this researcher effectivelygeneralisequalitativeresearch,includingobservation,interviews,face-to-face interviews and telephone interviews. In order to complete the current study Qualitative research is also taken into account because that can aid to ensure the research's credibility while also increasing its efficacy. Such research is beneficial in improving the researcher's in-depth understanding so that they may readily look forward more to future research. In this study, qualitative research is beneficial in keeping the literature review in mind while also identifying secondary study findings In order to conduct present investigation investigators will undertake advantage of quantitative research. Main reason behind selecting this method is that it will help in collecting data and information and statistical and numerical form which is easy to collect and analyse. With the help of this investigator can gain benefit in terms of better presentation of collected data in attractive and systematic way with the use of charts and tables. Data collection and analysis Data collection and analysis plays important role in research as it helps in acquiring appropriate data and information to conduct research in appropriate manner. Primary and secondary are two types of data collection method which help investigator to acquire relevant 12
and feasible amount of data to fulfil research objectives (Urcia, 2021).Primary data collection is consideredasthereportinginthedatacollectionprocess,inwhichresearchergathers information and data from a random selection population. Most popular sources of primary data includequestionnaires,interviews,observation&discussions.Inthisstudy,thesurvey questionnaire is being used.Secondary research is also regarded by the researcher in order to conduct this project in an acceptable method so that his search may successfully frame the better outcomes. Through qualitative research, researchers may successfully work on the review of the literature and extrapolate the crucial knowledge from earlier study, allowing them to effectively select certain specific information that they can utilise as secondary research findings. This study is really about the dental clinic's inventory and operations, thus many types of ways are being considered as to why the dental clinics need to keep its inventory as well as other procedures. In terms with present research investigator will undertake use of both primary and secondary source of data collection. In terms with primary investigator will acquire first hand andauthenticinformationwiththehelpofquestionnaireinwhichinvestigatoracquired viewpoint of selected group of individuals. While in terms with secondary data with the help of literature review investigator will evaluate past findings and research work. In terms with primary data investigator will take use of frequency table and pie chart in order to conduct research in a systematic way. Sampling Sample is defined as group of individual, item or object which is undertaken from a larger population. Sampling means selecting the group of individuals from which collection of data is required to be required to conduct present research (Nayak and Singh, 2021).There are two sorts of sampling procedures: probability sampling techniques and non-probability sampling methods. To conduct this study and maintain the research's conformability, the researchers identified probability sampling that could be used to randomly target a population and obtain useful answers, allowing the researcher to establish ethical issues and enhance the study's efficacy.There are two types of sampling method which is probabilistic and non- probabilistic. To conduct present investigation visitor will undertake use of probability sampling method in which with the help of random sampling method researcher acquire viewpoint of 40 respondents. 13
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Main reason behind selecting this method is that it helps in providing equal opportunity to every respondent and helps in acquiring data. Ethical consideration In order to conduct research, it is essential for investigator to emphasize upon ethical consideration as it helps in conducting research in efficient manner which helps in enhancing process viability. Ethical consideration plays important and critical part of a research in which investigator can follow ethical process to complete research.These terms are thought to become the most efficient terms for improving the effectiveness of a research project since it is necessary for the researcher to preserve the research project's validity, reliability & ethical concerns. It has been discovered that the validity and also reliability of the research is kept with the help of making a suitable and using sample strategies, the researcher can effectively keep the reliability but also gathering procedure. In terms with present research and emphasize upon certainaspects such as Data Protection Act, 1998 which helps in providing security of data collected from respondents and helps in securing and maintaining privacy of respondents those who are engaged in this research. Questionnaires QUESTIONAIRES Q1. Do you aware about the term digital marketing? Yes No Q2. What are the various significances of digital marketing strategies? Increase ROI Global reach MoreCostEffective Q3. What are the various strategies which Next PLC can opt for promoting the products through digitalization? Social media marketing Email marketing Content marketing Q4. What are the key challenges faced by Next Plc with application of digital marketing 14
strategies in product promotion? Managing website Understanding technology and tools Q5. What are the effective ways to overcome from the challenges faced by organisation by using different digital marketing strategies? Making use of trending technology Use of strong fire walls and cloud computing Selection of most viable digital platform Q6. What are the key factors which represents the essential role of digital marketing on Next Plc success and growth? Meeting the needs of customers Ensuring regular feedback Effective way to conduct market survey Q7. What are the several threats related to privacy and security that Next Plc has to face while using digital marketing strategies? Email marketing risk Threat to data privacy of consumer Social media disruption Q8. According to your point of view, Is application of digital marketing strategies is helpful in product promotion of company? Yes No Q9. As per your view point, what are the impacts of using digital marketing strategies by company in their product promotion? Positive impact Negative impact Q10. Any suggestion for further improvement? Summary Fromtheabove-mentionedanalysis,ithasbeenidentifiedthatinvestigatorswill undertake use of appropriate research methods and techniques to fulfil research objectives in a 15
well define an effective manner. With help of taking advantage of primary and secondary form of data collection method appropriate information and data will be gathered which helps in conducting research in efficient way. FINDING AND ANALYSIS Respective section is depends upon the information that is gathered by both primary and secondary methods. Herein, the data would be ascertained with formulation of questionnaires asked by respondents. In simple term, it can be evaluated that data analysis and findings assists in reaching the appropriate outcomes in effectual and efficacious manner. Data Analysis Data analysis is the process to interpret vast information to have understanding the purpose of research. It is used to reduce large data into smaller fragment to make easier to find out patterns. Moreover, this is also regarded as the systematised methods that are applied by researcher for examining the data related to digital marketing strategies in product promotion (Bizhanova and et. al., 2019). Apart from this, it is vital for the researcher to focus on the data and ensure about its authenticity as this improve work effectively.Additionally, for evaluating the quantitative information, frequency distribution analysis have been utilised. With this particular method, researcher may able to developed frequency distribution table and classified overall table into singular way. Furthermore, this would aids researcher in attaining overall research on specified period systematically. Also, within it, frequency table is also formulated which highlights several perception of employees in selected topic. Frequency Distribution Table Q1. Do you aware about the term digital marketing?Frequency Yes35 No5 Q2. What are the various significances of digital marketing strategies?Frequency Increase ROI18 Global reach12 MoreCostEffective10 Q3. What are the various strategies which Next PLC can opt for promoting the products through digitalization? Frequency 16
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Social media marketing25 Email marketing10 Content marketing5 Q4. What are the key challenges faced by Next Plc with application of digital marketing strategies in product promotion? Frequency Managing website30 Understanding technology and tools10 Q5. What are the effective ways to overcome from the challenges faced by organisation by using different digital marketing strategies? Frequency Making use of trending technology10 Use of strong fire walls and cloud computing10 Selection of most viable digital platform20 Q6. What are the key factors which represents the essential role of digital marketing on Next Plc success and growth? Frequency Meeting the needs of customers15 Ensuring regular feedback10 Effective way to conduct market survey15 Q7. What are the several threats related to privacy and security that Next Plc has to face while using digital marketing strategies? Frequency Email marketing risk4 Threat to data privacy of consumer26 Social media disruption10 Q8. According to your point of view, Is application of digital marketing strategies is helpful in product promotion of company? Frequency Yes36 No4 Q9. As per your view point, what are the impacts of using digital marketing strategies by company in their product promotion? Frequency Positive impact32 Negative impact8 17
Q10. Any suggestion for further improvement? Interpretation Theme 1:About the term digital marketing. Q1. Do you aware about the term digital marketing?Frequency Yes35 No5 YesNo 0 5 10 15 20 25 30 35 35 5 Series1 Interpretation:Digitalmarketingisalsoknownasonlinemarketingwhichhelps organisationto promotetheirproducts, services,brandsand makesong connectionwith consumers with the help of internet and other form of digital tools. Additionally, Digital marketing is a modern technique or a marketing method through which organisation can significantly track and monitor their campaigns and can invest money and time efficiently (Chaffey and Ellis-Chadwick, 2019). So,as per the above graph, it has been interpreted that digital marketing plays vital role in present times. Among 40 respondents, 35 are in favour of yes and rest 5 of them are responding towards no. Theme 2:Various significances of digital marketing strategies. Q2. What are the various significances of digital marketing strategies?Frequency Increase ROI18 Global reach12 MoreCostEffective10 18
Increase ROIGlobal reachMoreCostEffective 0 2 4 6 8 10 12 14 16 18 18 1210 Series1 Interpretation: Digital marketing strategy is regarded as the process of performing consistent actions in a right time with the help of suitable online channels with an aim to enhance organisation revenue while making improvement relationship with consumers. It is a significant strategy through which organisation can fulfil business objectives. There are various significance of digital marketing strategies that are, improved conversion rates, global reach, become more cost effective and others(Purwanti, 2021). So, as per the above graph, it has been interpreted that among 40 respondents, 18 are responding towardsincrease ROI, 12 are in favour of global reach. And rest of them that is 10 are saying more cost effective. Theme 3:Various strategies which Next PLC can opt for promoting the products through digitalisation. Q3. What are the various strategies which Next PLC can opt for promoting the products through digitalization? Frequency Social media marketing25 Email marketing10 Content marketing5 19
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Social media marketingEmail marketingContent marketing 0 5 10 15 20 25 Series1 Interpretation: There are various strategies such as social media marketing, email marketing, content marketing and many more which Next Plc can opt for promoting the products through digitalisation. So, as per the above graph, it has been interpreted that among 40 respondents, 25 are in favour of social media marketing, 10 are in favour of email marketing and rest 5 of them are saying content marketing. So, through interpretation social media marketing is essentialdigital marketingstrategy as with the help of different social media marketing campaigns organisation can promote their products and services feature on more than one social media platforms and can target audience effectively(El Junusi, 2020). It has been evaluated that social media marketing is a significant platform through which Next PLC can enhance brand awareness and can maintain organisation reputation while building strong base of consumers. Theme 4:Key challenges faced by Next Plc with application of digital marketing strategies in product promotion. Q4. What are the key challenges faced by Next Plc with application of digital marketing strategies in product promotion? Frequency Managing website30 Understanding technology and tools10 20
Managing websiteUnderstanding technology and tools 0 5 10 15 20 25 30 30 10 Series1 Interpretation:Therearevariouskeychallengessuchasmanagingwebsites, understanding technology & tools and others which are faced byNext Plc with application of digital marketing strategies in product promotion.So,as per the above graph, it has been interpreted thatamong 40 respondents, 30 are in favour of managing websites as they have knowledge that if firm’s websites is not managed effectively, thereafter this becomes tough for them for attracting as well as converting leads. Additionally the problems related with managing websites may manage by forming finest content for designing an appealing websites that is simple for navigation(Yoga, Korry and Yulianti, 2019). And rest 10 of them are responding towards understanding technology & tools. Therefore, managing website is key challenge for Next Plc with application of digital marketing strategies in product promotion. Theme 5:The effective ways to overcome from the challenges faced by organisation by using different digital marketing strategies. Q5. What are the effective ways to overcome from the challenges faced by organisation by using different digital marketing strategies? Frequency Making use of trending technology10 Use of strong fire walls and cloud computing10 Selection of most viable digital platform20 21
Making use of trending technology Use of strong fire walls and cloud computing Selection of most viable digital platform 0 2 4 6 8 10 12 14 16 18 20 1010 20 Series1 Interpretation: There are various effective ways that are making use of trending technology, use of fire walls and cloud computing, selection of most viable digital platforms and many others. So, as per the above graph, it has been interpreted that among 40 respondents, 10 are in favour of making uses of trending technology, 10 are responding towards utilisation of strong fire walls and cloud computing as well as rest 20 of them is saying selection of most viable digital platform. Therefore, from interpretation, it has been analysed that option of selecting most viable digital platform is effective way. As they know that, it is crucial for grabbing the attention and generating huge traffic on websites to assure success of digital marketing strategy. Moreover, the several platforms that includes Instagram, face book, and so on are essential platform for Next plc that facilitates assess as well as reaching towards clients at international level(Suryani and Margery, 2020). Theme 6:Various key factors which represent the essential role of digital marketing on Next Plc’s success and growth. Q6. What are the key factors which represents the essential role of digital marketing on Next Plc success and growth? Frequency Meeting the needs of customers15 Ensuring regular feedback10 Effective way to conduct market survey15 22
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Meeting the needs of customersEnsuring regular feedbackEffective way to conduct market survey 0 2 4 6 8 10 12 14 16 15 10 15 Series1 Interpretation: There are various key factors which represent essential role of digital marketing on Next Plc’s success and growth. Some of the factors are meeting consumer needs, ensuring regular feedback, effective way to conduct market survey and many others(Shi, 2020). So, as per the above graph, it has been interpreted that out of 40 respondents, 15 are responding towards meeting the needs of customers, 10 are in favour of ensuring regular feedback and rest 15 of them are saying effective way to conduct market survey. Theme 7:Several threats related to privacy and security that Next Plc has to face while using digital marketing strategies. Q7. What are the several threats related to privacy and security that Next Plc has to face while using digital marketing strategies? Frequency Email marketing risk4 Threat to data privacy of consumer26 Social media disruption10 23
Email marketing riskThreat to data privacy of consumer Social media disruption 0 5 10 15 20 25 30 4 26 10 Series1 Interpretation: There are several threats related to privacy and security that Next Plc has to face while using digital marketing strategies. Some of the threats are email marketing risk, threat to data privacy of consumer, social media disruption and many others. So, as per the above graph, it has been interpreted that among 40 respondents 4 are saying email marketing risk, 26 are in favour of threat to data privacy of customers and rest 10 of them are responding towards social media disruption. So, from the responses of the respondents, it has been analysed that threat to data privacy of customer is the key threat. As for Next Plc clients data is treasure trove as well as for hackers, it is the gold mine who steal, password, personal data and others. Also, the data breach has consequences within cooperation of client’s accounts in millions and bad publicity for organisation. Theme 8:Is application of digital marketing strategies is helpful in product promotion of company. Q8. According to your point of view, Is application of digital marketing strategies is helpful in product promotion of company? Frequency Yes36 No4 24
YesNo 0 5 10 15 20 25 30 35 40 36 4 Series1 Interpretation:Aspertheabovegraph,ithasbeeninterpretedthatamong40 respondents, 36 are in favour of yes and rest 4 of them are responding towards no. So, this has been analysed thatapplication of digital marketing strategies is helpful in product promotion of company becausethere are different types of digital marketing strategy which encompasses various tools in techniques through which business organisation can reach consumers while evaluating their behaviour and prospective. It has been evaluated that digital marketing is a lower cost technique through which organisation can target right consumers comparatively to other traditional marketing methods. It also allows organisation to offer personalized and effective facilities to consumers which helps in strengthening relationship with them(Das, 2021). This platform also helps organisation to make significant improvement in conversion rate through which organisation can promote their products and services accordingly in market. Theme 9:Impacts of using digital marketing strategies by company in their product promotion. Q9. As per your view point, what are the impacts of using digital marketing strategies by company in their product promotion? Frequency Positive impact32 Negative impact8 25
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Positive impactNegative impact 0 5 10 15 20 25 30 35 32 8 Series1 Interpretation: There essentially two impacts positive and negative of using digital marketing strategies by company in its product promotion. So, as per the above graph, it has been interpreted that out of 40 respondents, 32 are in favour of positive impact and rest 8 of them are responding towards negative impact. Some of the positive impacts are enhance their sales improvement in conversion rate, attract more number of new consumers and many others. Theme 10:Any suggestion. Q10. Any suggestion for further improvement? Interpretation:From the above analysis, various suggestion has been provided to Next Plc for further improvement that are as follows: Selecting most viable digital platform would be used by Next plc because it is the effective way. As they know that, it is crucial for grabbing the attention and generating huge traffic on websites to assure success of digital marketing strategy. Moreover, the several platforms that includes Instagram, face book, and so on are essential platform for Next plc that facilitates assess as well as reaching towards clients at international level. This is also suggested that, they have to opt social media marketing as it is essential digital marketing strategy. With the help of different social media marketing campaigns organisation can promote their products and services feature on more than one social media platforms and can target audience effectively. It has been evaluated that social 26
media marketing is a significant platform through which Next PLC can enhance brand awareness and can maintain organisation reputation while building strong base of consumers. CONCLUSION AND RECOMMEDATIONS Conclusion According to this research study, it can be concluded that digital marketing often referred as online marketing, it is considered as the specific component of the marketing which uses and implement the internet and another kind of digital resources in order to help the organisations and promote their specific products, services and also enhance the market value all around the world. Through this research, it is determined that digital marketing is considered as the new approach or advertising tool which allows all the businesses to manage and also monitor their campaigns in real time while saving money and time. With the help of this research, it is identified that organisation can get the greater outcomes via digital marketing. Companies can also improve their customer’s base and customer loyalty. Through this study , it is analysed that the applicability of digital marketing is more because it provides an organization with a strategy and clear direction, allowing them to have a deeper grasp of the market and consumer behaviour. Digital marketing is revolutionizing the modern company environment by providing a platform and a method for efficiently growing the desired business model. There are several types of digital marketing strategies, each of which includes a variety of tools and approaches for reaching out to customers while assessing their behaviour and prospects. In comparison to other traditionalmarketing approaches, it has been determinedthat digital marketingis a less expensive method for businesses to target the proper customers. It also enables businesses to provideconsumerswithindividualizedandeffectiveservices,therebyimprovingtheir relationships with them. This platform also assists organizations in significantly increasing conversion rates, allowing them to market their products and services more effectively. Through effective techniques of digital marketing, organizations can effectively communicate with the prospective and current customers using various kinds of digital marketing platforms like web- based advertising, social media, mail and many others. This report discussed about the influence 27
of digital marketing techniques in the promotions and other advertisement activities of the organisation. Some specific techniques of digital marketing are utilised in this research such as social media marketing, search engine optimization, email marketing, content marketing, video marketing, affiliate marketing, web advertising and many others. On the basis of this current study, it is determined that large organisations are mainly adopting digital marketing and social media marketing so thatcompany can effectively enhance their business operations and advertise their goods and services appropriate at the whole market place. Recommendation As per the above discussion about the significance of the digital marketing and its effective techniques, some specific recommendations are recommended by the researcher which will helpful to enhance the overall development of the Next Plc. The explanation about the researcher recommendations are as follows- On the basis of this study, it is analysed that digital marketing techniques are work like a specificstrategieswhichcanusefultomaintainthepromotionalactivitiesofthe organisations.Through digital marketing Next Plc can effectively prepare an actions plan and carry out by a company on the online platforms in order to achieve the commercial development objectives of the Next Plc. Some specific digital marketing techniques need to be utilise by the organisation like affiliate marketing and pay per click, content marketing. As per the current scenario of the Next Plc. , it is analysed that company need to start some appropriate campaign so that company will reach more customers in the local areas(Ali and et.al., 2016). Digital marketing is work like a method which is carrying out constantly so that Next Plc managers can take appropriate actions at the proper moment using appropriate online channels in order to increase company revenue while improving customer relationships. As per this point , it is recommended that Next Plc marketing manager need to prepare an marketing plan and target those segment which can useful to maintain improve the advertising of the products and services(Chaffey and Ellis-Chadwick, 2016). It is also containing as a crucial approach that allows the Next Plc to accomplish the goals. It has been determined that the internet nowadays encourages the consumers to utilise digital platforms. Every person on the planet owns an excess of at minimum one 28
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digital media platform. This expands commercial opportunities because, by using digital media platforms, businesses can reach out to every client on the planet and effectively sell goods or services(Confos and Davis, 2016). As per this study, it is recommended that it is necessary for the company to adopt digital marketing plan and also full fill all the considerations of this plan so that manager of the Next Plc can maintain their market development globally. Theimportance of digital marketing is more because it can helpful to maintain the market growth rate of the organisations and also helpful to analyse the exact situations of the organisational goods and services(Dahl, 2021). It is determined that digital marketing allows the Next Plc to utilise the digital technology &mediatodrawcustomers'attentiontotheirproductsandservices.Business organizations can connect media and technology with the use of various digital marketing tactics, resulting in increased overall profitability(Kannan, 2017). It is recommended that marketing manager of the Next Plc need to utilise some specific techniques like business websites, Google search, mobile apps, social media company WebPages, email & automation, and advertising, digital partnerships with other digital organizationsandmoreareexamplesofmarketingtechnology.Organizationscan effectively influence consumers' purchasing behavior using a variety of approaches. However, there are a few obstacles of digital marketing, such as trying to analyze opportunities and behavior ahead of time and setting goals and strategies accordingly, as inordertoensurelong-termsustainabilityintoday'sbusinessclimate,adigital advertising strategy is very important in use should profitability(Parkin, 2016). Digital marketing is one of the most effective strategic instruments for catching the eye of a huge number of consumer categories. Moreover, it has been determined that a digital marketing primarily consists of a marketing campaign, which entails a collaboration with a content marketing strategy and the use of influencers to help an organization increase productivity and revenue. In today's corporate world, a digital media strategy is crucial since it enables organizations to improve their competitiveness through a strategic approach. With the support of a digital marketing plan, a firm may achieve its objectives in a cost-effective manner and get successful outcomes quickly. 29
In terms of NextPLC, it is critical for businesses to take use of various types of digital marketing strategies to advertise their products through digitization. This will assist company in the dramatically increasing their competiveness in the sector. In order to deal with the competition company need to use content marketing so that company can attract more customers(Parsons and Lepkowska-White, 2018). On the basis of this research, it is recommended that the usage of social media market is increasing rapidly because it can helpful to improve the connection of the organisation with the customers. Through social media platforms to communicate with audiences. The goals of this organization are to establish a brand, increase sales, and increase internet traffic. Various social media sites, such as Instagram, Facebook, LinkedIn, Twitter, YouTube, and Snap chat, are giving major opportunities for businesses to effectively promote their products and services(Sayyad and et. al., 2018). It is determined that social media advertising mostly aids in the development of brand awareness and the improvement of conversion rates. Organizations can use few specific social media marketing campaigns to promote their products and services across several social media platforms and efficiently target audiences. It has been determined that social media marketing is an important platform for Next PLC to increase brand awareness and retain its credibility while growing a strong customer base. A significant number of people all around the world are using social media platforms, which gives Next PLC a better chance to attract customers in different parts of the world. Furthermore, it has been determined that by focusing on social media advertising, Next PLC may emphasize excellent shopping experiences of customers and increase our customers' confidence & loyalty to the company(Slavova, 2016).This will also assist them in determining a direct influence on overall sales and profit. It is recommended that NextPlc needtousedisplayadvertising,mobilemarketingand alsoinfluencer marketing in order to improve their promotional activities of their goods and services (Yadav and Rahman, 2018). 30
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