Opportunities and Challenges in Digital Marketing for Effective Marketing of Asda
Verified
Added on  2023/06/17
|14
|4543
|112
AI Summary
This report outlines the opportunities and challenges of digital marketing for Asda, including tools and techniques for marketers, effectiveness of tools in terms of reach, impact and cost, and designing a digital marketing campaign that integrates and optimizes digital channels to target the audience of Asda.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Unit 34
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Opportunities and challenges in digital marketing for effective marketing................................3 Tools and techniques for the marketers for an integrated market approach...............................6 Effectiveness of tools in terms of reach, impact and cost...........................................................7 Designing a digital marketing campaign that integrate and optimizes digital channels in order to target audience of Asda..........................................................................................................8 Measurement techniques and performance metrics in digital marketing..................................10 Actions to improve performance in digital marketing..............................................................10 CONCLUSION..............................................................................................................................11 REFERENCES..............................................................................................................................12
INTRODUCTION Digital marketing refers to the marketing of the goods and services through the digital channels such as social media, email, apps or through different search engines or websites. By using these companies can explore there business globally. Asda company is the supermarket chain and it was founded in 1949. This report will outline the influences of the digital marketing for the effective marketing of Asda company. Further it will examine the opportunities and challenges for the effective marketing like what are the opportunities of the Asda company which makes them lead in the competitive market. Further it will also outline the tools and techniques and the effectiveness related to reach, impact and cost. This report will also outline the design of digital marketing campaign that integrates the multi-digital channels to reach to the key audiences. This report will also evaluate the methods of monitoring and measuring a digital market campaign, measurement of the techniques and performance metrics in the digital marketing and actions to improve performance in the digital marketing. MAIN BODY Opportunities and challenges in digital marketing for effective marketing Digital Marketing refers to the marketing which use electronic media in order to promote goods and services by social media, websites, email etc. (Bala and Verma, 2018.). It is called online marketing as customers can purchase the brand and non-brand products through different websites by using internet or by other medium of digital marketing. It has a great influence on the today's generation. There are many opportunities and challenges to expand the business organizations in the digital marketing. Some opportunities in the digital marketing of the Asda company are: Easy consumer reach: The very easiest way to reach to the customers is through online marketing. The company can reach to the number of customers at one time (Dumitriu and et.al., 2019). By using internet or different digital modes like websites, different apps, search engines company can explore its products and services. Asda company is the largest supermarket chain so it can expand its business through this medium and reach number of customers at a same point of time. It can reach to the customers through different social media like Facebook, Instagram and through other modes.
Direct advertising: Digital advertising is the cheapest modes of advertising because little cost is required to advertise the products. By advertising digitally the customers become more aware about the products brand and quality. Nowadays companies can easily explore there goods and services through the digital channels. The cited company can also do the digital advertising to attract the customers to buy the products. The company should do good digital advertising and use different key factors which helps the company to survive in the competitive market. Company can make its page on the social media where it can do direct advertisement for their new products. This helps the customers to know about the new products launched by the company. Perpetually Displaying the ads: Some customers have no time to explore the digital channels for doing online shopping so the company can display the ads perpetually on the different websites which helps the customers to attract through those ads and reach the websites for purchasing that products (Isohella and et al., 2017). The cited company can make the ads of there company and display perpetually on different apps which makes target and non target customers attract for the online shop. This perpetual ads can be done on the sites which are frequently used by the consumers. Global advertisements: Digitalmarketing is the easiest way to do the advertising globally. It makes the international customers also by do advertising on digital channels. Asda company should do the global advertising to increase there customers internationally by doing good and attractive advertisements of its business. By exploring globally the cited company can earn more profit. Cost effective channel: Digital marketing is the cheapest method of doing advertising globally using internet and digital channels as compare to the traditional advertisements like advertisements through newspapers, television, banners etc. Social media play an important role in exploring the products digitally. The cited company can explore there business digitally because little cost is required for the advertisements as it does not affect the profit level of the company. The marketing can be done by Twitter, Facebook, Instagram, Blogs etc. which are cheaper for the consumers. Consumer's convenience to shop online: Digital marketing helps the customers to shop anytime and from anywhere. It makes an opportunity for the marketers to sell their products even if the shops are closed (Gupta, 2020). It helps the company to earn profit more even when the
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
market are closed. The cited company can make its website on which products are available every time by which the customers can purchase the products of the Asda company. Check the marketing activity: It helps the company to check and measure the marketing activities like digital channels are working or not. It also helps the company to evaluate the market structure and audit the quality of the competitive brands. The cited company can do accountability of the marketing activity and measure that their digital channels and sites are working or not. Challenges of the digital marketing. Risk of hacking the websites: It is the major risk of doing the digital marketing as sometimes the websites or other digital modes may get hacked. The websites made by Asda company may get hacked from its competitors as it can be easily tracked and copied. The cited company must focus on this drawback otherwise it will reduce the profit. Advertisement for limited products: It is the drawback for the company because large products companies can explore each and every product online as it is very difficult to advertise every product. The cited company is also the largest supermarket chain in U.K. It also cannot advertise every product digitally. So, it a major drawback for the company to sell their products in the online market. If the cited company is unable to sell and advertise every product than it can sell and advertise those products which are more profitable to the cited company. Limitation of internet access: Digital marketing is only related to the use of internet. So, it is not possible for those customers who did not use the internet or for those where internet connections are poor. The cited company may face this problem because this may make there number of target customers low. The areas where the internet access is not possible that customers are unable to do the online shopping. High competitive brands: Many brands are available while doing online shopping. Customers search for the best brand with the best quality. Customers always require the best quality with the low or adequate prices. The cited company also has many competitors so it may be difficult for the company to do online marketing because it creates competition in the digital market. The company should sell there products at a low rate as compare to its competitors which increases the profit of the company. Anti-Brand Activities: The another drawback of digital marketing is anti-brand activities which means the individual or group which drops the image of the branded products (Saura,
2021). By stating negative feedback online it harms the profit of the company. The cited company must focus on this to maintain the brand quality of its products. The brand image is very important as it helps the cited company in the success and growth. Tools and techniques for the marketers for an integrated market approach Social media marketing: It is most widely used marketing media used by business. Social media platforms includes Facebook, You Tube, Twitter etc. It is the one of the best used marketing media to explore the business. It makes the people aware about the new and latest products, make business to improve their results which increase their sales. The cited company must used this tool and technique to explore their products worldwide. By this they can advertise their new products. Email Marketing: More than half percent of digital marketing is done by the email marketing. It is the best way to gather the number of person and advertise the products. It gives the marketers platform to explore there products through multimedia. It can calculate the rate of investment of every single mail sent by them (Niculescu and et.al., 2019). The best way to retain the old customers and also to make new ones. The cited company must acquire this marketing technique to advertise their products which helps them to get new customers globally. Search engine operations: it is a technique through which brands are visible on different search engines which makes customers aware about the new and latest products. Its analyse the behaviour of the customers for what they are searching for. The cited company can make their brand available on some frequently used websites and search engines which makes customers aware about their products and services. Video Marketing: This technique is used by the business by advertising their products in a video format. It has some formats like pre-roll, mid-roll and post-roll. These ads are given in between the You Tube videos or on any other video showing sites. It is mostly of some seconds. As it is of very less time so the marketer should make the ads attractive and unique which makes consumers to watch that video. The cited company can use this technique of marketing through video ads by making some attractive and unique ads for their customers which helps the company to grow in the competitive market. Effectiveness of tools in terms of reach, impact and cost Reach: This term means that the number of consumers or individual are exposed on the digital channels over a standard time. It also derives the frequency like average customers,
approximate customers or exact number of customers that are watching the same marketing advertisements (Key and Czaplewski, 2017). The cited company can see their customers by using these tools and identify their customers that are reaching on their websites. The company should have high reach in the market as it enhances the goodwill in the competitive market. As the cited company is having high reach it attracts the more consumer to explore there sites and do online marketing. By using the traditional marketing the cited company cannot reach globally to its customers. Impact: This is calculated that how fast the customers are receiving the message. This is basically affected by the needs and interest of the individual customers (Krizanova and et.al., 2019). The company should be more focused on the strategies rather than giving ads. Asda company marketing campaign should have goal like to reach number of customers at a particular period. The impact is based on the digital channel that company used to do the digital marketing of their products and services. It is also based on the brand of the product that the cited company is selling in the competitive market. The company must also focus on the actual needs of the customers because of regular changes in taste and preferences and needs of the consumers. Cost: The marketing tools and techniques are so cost-effective as less cost is required for doing digital marketing. The company can check that how its business is working globally by measuring its profits from earlier profit (Low and et.al., 2020). The cost is based on the type of medium that company chooses for doing the digital marketing of their products. Cited company must have a good cost management as it helps them to choose the medium through which they can explore their business. This makes the company to make an accurate about the cost and can make the necessary improvements. It makes the cited company to derive their marketing cost and used to analyse the results. This cost helps the company to expand their business in the long-run. The effective use of tools makes the company to make the cheaper marketing cost and earn more profits through this. Analysing of opportunities and challenges of the Asda company in the digital marketing The challenges that affect the growth of the Asda company are limited consumer link and communication, competitive brands, limited use of internet in some sectors or having poor connection of internet, hacking of the sites of the cited company made for exploring their business and advertising of the limited products of the company.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Citedcompanyhassomeopportunitiestoexploretherebusinesslikeglobally advertisements of the products, direct advertising, cost effective as less cost is required for doing digital marketing, company can reach there customers easily by doing digital advertising etc. EffectivenessofapplyinganintegratedmarketingapproachandbenefitsforAsda company By applying the integrated marketing approach it can be seen that the cited company has a high reach in the global market (Prathapan, Sajin Sahadevan and Zakkariya, 2018.). This approach shows the impact that how fast the customers can reach the sites of the cited company. It also makes the company to know about the cost required for doing the digital marketing. It has some benefits to the company as it can improve the results, improve the products quality by comparing with the other brands, it gives the company good return on the investment and it also improves the efficiency of the company in the global market. It can also diversify the products and services of the Asda company. Analysisofdigitalmarketingandconclusionsforeffectivemarketingofbusiness organizations Digital marketing is the most widely used by the today's organizations. Activities related to the marketing are the part of sales strategy. Digital marketing can be done by the social media platforms. The cited company must focus on the digital channels to explore their business. It is important for the company to do digital marketing for making their business more effective. This makes the company to shift from traditional marketing to digital marketing for expanding of the business. Designing a digital marketing campaign that integrate and optimizes digital channels in order to target audience of Asda. Digital marketing campaignis an online marketing effort carried out by companies in order to drive engagements, conversations, revenue or traffic of audience (Riva and Pilotti, 2021). With utilization of these channels marketing campaigns, may be carried out in a better way by addressing questions or challenges faced by customers while positioning of their business for being closer to marketing goals. Objective:The objective is to design a digital marketing campaign to target audience of Asda. It is Britain leading retailer in Yorkshire which consist of small supermarkets, superstores, and supercentre. The company is in search of end to end retail solutions covering logistics, retail
operations, and supply chains and also includes Artificial intelligence, power forecasting, supply chain visibility etc. A marketing plan will be presented to optimize digital channels to target audience. Target Market: The target market of ASDA are women between the age group of 20 to 30. As they buy day to day goods for their families and themselves. Strategies: Search engine optimization: This strategy helps the company to improve their website as it should be ranked on top of the search sites on the internet. Asda company is using this strategy to explore there products worldwide. This is used by them because new customers search new products direct on the websites. It makes the company to know that how many new customers are purchasing the products online. This is good strategy adopted by the cited company to be in contact with their customers. Content Marketing: The content writing includes the videos, blogs, Photoshops etc. which attracts the customers to read about the company and their products. Asda company is also doing content marketing through digital channels by making unique and attractive blogs and videos which helps to make retain old customers and to make new ones. Its is cost effective for the cited company as more than half of the cost is required to do content marketing as compare to digital marketing. Email marketing: Its focus is on maintaining the old customers and making the new customers in the competitive market. The important part of this marketing is to refine the campaigns as to increase the key audiences (Bansal, 2021). It provides valuable information to the people to get in touch with the company. The cited company use this technique to explore their information to the number of customers. This makes their customers to be in touch by having information that what new products are launched by the Asda company. Measurement techniques and performance metrics in digital marketing Overall website Traffic: The website made by the company is the image of the company in the digital marketing. Driving Traffic is one of the important factor in the digital marketing. This helps the cited company to publish the content and keywords of their brands and products.
It promotes the content of the company on the different social media sites. The cited company should have target related to the ads promotion and content promotion. New Visitors vs. Returning Visitors: Dual metric helps to analyse the relevancy of the company's website (Mellet and Beauvisage, 2020). Number of visits helps the company to know about how many customers are searching their websites. By giving updated content of the products the company must check their new customers and their returning customers which makes them know about how valuable the content is given by the company. The cited company can create and publish blogs content which can be easily available in the digital channels. The cited company should do email marketing to measure the new visitors of the company. Audit of goals: As the company is starting its business digitally it must have a goal in the global market. Company cannot measure their goals without making the goals of the company. By having goal it makes the company focused on their work. Company can measure the success from the started point. It makes the company aware about their new customers by this company can take decision for making the new products or not. Time frame measurement: The company should make a goal according to the time frame. The company should have a concrete time frame for achieving the goal (Purwanti, 2021). By determining the goal with the time frame it helps the company to accomplish the goal. The cited company must have a time frame which helps it to measureto check goal with the given time frame. This makes the company goal-oriented. Creating Marketing Measurement Template: After deciding the marketing metrics by the company, it should create a marketing templates which makes it easier to measure and check the performance of the company. This template includes the goal of the company, overview that what company has done in the set time frame, good work done by the company etc. The cited companyshouldmakemeasurementtemplatetocheckthereperformancefromthepast performance of the company. Actions to improve performance in digital marketing. There are some ways to improve the digital marketing are: The company should focus on the changes in the market rather than only focusing on the leading in the market. The company should provide proper data to the customers through digital channels. Data and metrics received by the company helps to make the further decision about the company. The cited company must make a good content and explore their business globally.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
The company should be long term focused. By making websites and making their products available the company should focus on long term that the customers will attract with their products and make it purchase (De Pelsmacker, Van Tilburg and Holthof, 2018.). The cited company should use new technologies to explore their business which helps to earn profit in the long-run. Company must check their websites and have record of their social media channels. This makes the cited company to know the percent of customers attracting with their products. It is important to make a changes according to trend, demand and strategies in the market. The company should optimize the SEO and audit the environment. The researchers must make the good content by having valid key points or keywords which make it easier to the customers to focus on that products. The cited company make there content easier and attractant for the customers. CONCLUSION The report is based on the digital marketing of the Asda company. It describes the opportunities of the digital marketing like it can easily reach to the customers, display the perpetual ads on the digital channels, globally advertise the products, cost effective, customers can do shopping any time and anywhere but it has some drawbacks also that high competition of brands, limited access of internet in some areas, hacking the sites made by the cited company etc. Further it describes the tools and techniques of the marketers like they should use design tools, create their own app on social media platforms, search engine operations where the customers can easily search the products of the cited company. It also describes effectiveness of that tools and techniques in terms of reach, impact and cost. At last, it describes the marketing campaigns thathelpstoreachthecustomers,evaluatesthemeasurementtechniqueslikemarketing measurement template, auditing of goals etc. and it also presents some actions to improve digital marketing like making content, change according to the demand and technology.
REFERENCES Books and journals Bala, M. and Verma, D., 2018. A critical review of digital marketing.M. Bala, D. Verma (2018). A Critical Review of Digital Marketing. International Journal of Management, IT & Engineering.8(10). pp.321-339. Dumitriu, D. and et.al., 2019. A perspective over modern SMEs: Managing brand equity, growth and sustainability through digital marketing tools and techniques.Sustainability.11(7). p.2111. Gupta, N., 2020. Digital marketing: Trends, opportunities, and challenges.Asian Journal of Management. 11(4). pp.434-440. Isohella, L. and et.al., 2017. Perceptions of digital marketing tools in new microenterprises. InManagement Challenges in a Network Economy: Proceedings of the MakeLearn and TIIM International Conference(pp. 85-95). Key, T. M. and Czaplewski, A. J., 2017. Upstream social marketing strategy: An integrated marketing communications approach.Business Horizons.60(3). pp.325-333. Krizanova, A. and et.al., 2019. The effectiveness of marketing communication and importance of its evaluation in an online environment.Sustainability.11(24). p.7016. Low,S.andet.al.,2020.Smartdigitalmarketingcapabilitiesforsustainableproperty development: A case of Malaysia.Sustainability.12(13). p.5402. Niculescu, A. and et.al., 2019. Enhancing Brand Value of Modern Organizations through Digital Marketing Tools and Techniques: A Study on Top Ten Romanian Companies.TEM Journal.8(1). p.171. Prathapan, M., Sajin Sahadevan, D. and Zakkariya, K. A., 2018. Effectiveness of digital marketing:TourismwebsitescomparativeanalyticsbasedonAIDA model.International Journal of Innovative Research & Studies.8(4). pp.262-273. Saura,J.R.,2021.Usingdatasciencesindigitalmarketing:Framework,methods,and performance metrics.Journal of Innovation & Knowledge.6(2). pp.92-102. Bansal, A., 2021. EffectiveDigital PromotionalCampaignof a fewcompaniesin India (Application of Case Study Method).Turkish Journal of Computer and Mathematics Education (TURCOMAT). 12(11). pp.6131-6137. Mellet,K.andBeauvisage,T.,2020.Cookiemonsters.Anatomyofadigitalmarket infrastructure.Consumption Markets & Culture.23(2). pp.110-129. Purwanti,Y.,2021.TheInfluenceOfDigitalMarketing&InnovasionOnTheSchool Performance.Turkish Journal of Computer and Mathematics Education (TURCOMAT). 12(7). pp.118-127. De Pelsmacker, P., Van Tilburg, S. and Holthof, C., 2018. Digital marketing strategies, online reviews and hotel performance.International Journal of Hospitality Management. 72. pp.47-55. Riva, A. and Pilotti, L., 2021. Digital marketing strategy: a comparison of international world- leading companies.Economia Aziendale Online-.12(3). pp.329-349.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.