Digital Marketing Plan for Unilever: Opportunities, Challenges and Impact
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This report discusses the digital marketing landscape and its comparison with offline marketing, opportunities and challenges of digital marketing, digital tools, platforms and physical channels, and a digital marketing plan for Unilever. It also covers the subject of Unit 24 Digital Marketing.
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 TASK 1............................................................................................................................................3 Overview of the digital marketing landscape and its comparison with offline marketing.........3 Opportunities of digital marketing..............................................................................................4 Challenges and impacts of digital marketing..............................................................................5 TASK 2............................................................................................................................................5 Digital tools, platforms and physical channels...........................................................................5 TASK 3............................................................................................................................................7 The opportunities and challenges of a digital hardware landscape............................................7 Develop a digital marketing plan................................................................................................7 The use of omni-channel marketing to ensure the consistency of the consumer experience in every aspect...............................................................................................................................10 TASK 4..........................................................................................................................................10 Monitoring and measuring digital marketing............................................................................10 Present a set of actions to improve performance in digital marketing......................................11 CONCLUSION..............................................................................................................................12 REFERENCES:.............................................................................................................................13
INTRODUCTION Digital marketing is promotion of brands via online platforms. It helps to persuade the customers to buy the products and services of the company(Chaffey and Ellis-Chadwick, 2019). This report is based on Unilever, it is a British Multinational consumer goods organisation that has headquarters in London. This report is based on digital marketing used by Unilever. In the initial part of this report there is discussion related todigital marketing landscape and its comparison with traditional marketing. The trends and insights of digital marketing are also analysed. Afterwards the tools and hardware's used in digital marketing are mentioned in this report. Multi channel digital marketing strategy is formulated in this report. The evaluation of omni-channelmarketingisdiscussedinthisreport.Themeasurementtechniquesand performance matrices is part of this report. In the end of this report there there are actions that will help to improve performance of digital marketing. MAIN BODY TASK 1 Overview of the digital marketing landscape and its comparison with offline marketing Digital marketing can be defined as marketing by use of internet. Due change is trend now it is time to digital marketing. It assist to persuade the customers so that they buy goods and services of the organisation(Bala and Verma, 2018). Digital marketing includes social media marketing, content marketing, e-mail marketing, SEO that support to promote the brand via online platform. In relation to Unilever, the business organisation is innovative and use latest technology. It helps them to use digital marketing and achieve competitors advantage. The use of right toolsand techniquesby Unileverassist themto attractthe customerstowardsthe organisation. The difference in online and offline marketing BasisOnline MarketingOffline Marketing FocusThe focus of online marketing is on content. The focus of offline marketing is on product. MeaningOnline marketing can be defined asuseofonlineplatformto It is traditional marketing that is used to promotethefoodsviatraditional
promote the goods and services of the company. platforms. CommunicationThe mode of communication is e- mails,chat,socialmedia (Kingsnorth, 2019). Herein, the business organisationby directly contacting the customer or by calling them. PriceItisacosteffectiveformof marketing. It is high costas compared to offline marketing. Key benefits of digital marketing The various benefits that Unilever gets by using digital marketing are as follows: ï‚·Global Reach: Unilever is a multinational business organisation that has its operations around the globe. The use of digital marketing facilitates them to reach more customers. By use of effective digital marketing tools Unilever is able to reach more and more customers and persuade them. ï‚·Improved Conversion Rate:The major benefit of digital marketing is improvement in conversion rate. It is seen that Unilever is able to convert more customers and that has positive impact on the sales of the organisation. ï‚·Win customer loyalty:It is examined that the use of digital marketing tools assist in gaining loyal customers(Desai, 2019). Unilever is able to communicate effectively with the customers and provide them value. It helps the company to achieve loyal customers. Opportunities of digital marketing Itisaneweraofdigitalisation.Thebusinessorganisationmustunderstandthe importance of digital marketing and grab the opportunities in the market. It is necessary to change with the trend and attract customers. The opportunities are discussed below: 1.By understanding thecustomer insights, Unilever will be able to serve the needs and wants of customers in an effective manner. It provides opportunities to the organisation as they are able to know about the trend in market(Hanlon, 2019). The proper understanding of needs and wants of customers will help the company to achieve success and growth. Thecustomer insightsare as follows:
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ï‚·Artificial Intelligence in marketing:It is seen that artificial intelligence help the business organisation to know about the pattern of purchases made by the customers. It facilitates the purchasing of customers and enhance the experience. ï‚·Changing customers:The trend is changing in the market and due to the reason the needs and wants of customers is also changing. It is analysed that to fulfil the changing needs and desires of the customers the business organisation must provide digital services to the customers. 2.The next opportunity of using digital marketingis rise of online consumer power. There is need to understand that customers prefer the organisation that has online presence and this impacts the business organisation(Gupta, 2018). In this regard Unilever switched to digital platform to achieve success by serving the powerful customers via online mode. Challenges and impacts of digital marketing 1.It is seen that there are chances negative publicity easily. If the needs and expectations of the customer are not fulfilled then the business organisation can face the issue of negative publicity. 2.It becomes difficult track the usage of multiple channels that are being used by the customers. This is a challenging task for the business organisation. 3.There is rise in competition and that causes issue for the business organisation and that is challenging for them. TASK 2 Digital tools, platforms and physical channels The use of digital platforms and the internet for revenue generation: Digital platforms is the most widely used platforms in the competitive market. Internet is taking rapid rise in the whole world which become an essential part for every individual life. Many business are accepting digital channels as a source of their revenue creation(Purwanti, 2021). Organisations earning high profits through selling their product online which is become the most convenient way for the people. There are various platforms like social media, Emails, web hosting and The role of digital marketing communications in relation to the 7ps:
As the marketing elements of 7ps which includes product, price, place, promotion, people, process and physical evidence. These elements have impacted with digital marketing. The Unilever needs to provide product at best price through giving discounts on websites. Products must be exchanged and return by gibing box opening videos and pictures. It would be serve through online places like Instagram and Facebook through which company could take orders. Promotion and physical evidence could be through online channels and customer reviewed which will help customer to trust the brand. Different digital tools and hardware: There are various tools and hardware which helps in effective digital market. These tools are in contrast to bricks and motor. It is the effective platforms which serve both online and offline way to sell products to give valuable experience to the customer. In contrasting with this concept, the digital tools are analytical tool, content marketing tool as well as social media platforms(Herhausen and et.al., 2020). Google analytical tools is required to keep the check on activity and track traffics. Tools like hub spot are the content marketing tools which helps in attractive promotions through web. Growth of online transactions and E-commerce: E-commerce is highly growing in the market. It takes rise from the 1990 when there are various changes in the traditional ways of doing business. Due to arrival of internet,E- commerce has gain many changes in ways of selling, promoting andmaking customer engagement in Unilever. It enables online transactions in which customer can easily pay through phone without having cash in hand. Unilever has adopted Ex-commercial platforms through websites and collaborating with online retailers. It helps them reaching to large customer and serve products globally. Role of automated and non-automated sales activities Automatedsalesactivitiesreferstothose task and practiceswhichtakeplacein reputation. This enables use of software to send mails, regular check on pricing, keeping updates documentation to avoid waste of time(De Pelsmacker, Van Tilburg and Holthof, 2018). This helps the Unilever to boost their sales by focusing on practical problems in the market and customers. Whereas, non sales automated activities lead to becomes traditional way to keep all the records, send mails and documentation in written manner. This process takes much time due to which company many loose sales opportunity and providing best facilities to its customer.
Automated sales provide benefits in aftersaleservice, exchange and return and solving customer queries. TASK3 The opportunities and challenges of a digital hardware landscape Digital landscape is a collective landscape that includes websites, social networks,email and mobile devices in order to sell the products and services of the company. It is seen that there are various opportunities and challenges that are discussed below: ï‚·Opportunities: Unilever will be able to reach more and more customer's. It is seen that using all these platforms have wide reach and helps the company to attract more and more customers. ï‚·Threats: The problems is there is lack of skilled staff. Unilever is unable to manage using right platform that will help the business organisation to achieve success and growth. Develop a digital marketing plan It is necessary for the business organisation to formulate effective digital marketing plan. It helps the company set clear objectives and work to achieve them. It is necessary to work according to the plan and achieve the tasks in an effective manner. The use of SOSTAC model will help Unilever to achieve goals and objectives successfully. It is important for Unilever to understand that they can achieve success and growth by using multiple channels in a effective way(Alghizzawi, 2019). Creating right portfolio will help to reach the potential customers in an effective manner. The company will make use right channel to achieve goals and objectives in an effective manner. The digital marketing plan for Unilever is formulated below: SOSTAC Model It is a model that helps to formulate digital marketing plan and implement it in an effective manner. All the stages must be followed in an effective manner so that Unilever is able to achieve success.
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Situationanalysis:It is seen that there is need to adopt new and updated technology. It is era of digitalisation and the business organisation must use right channels so that they are able to gin advantage over the competitors. Digital marketing plan will help Unilever to achieve goals and objectives according to situation. Strength ï‚·It is a multinational organisation that hasestablishedstrongimage (Bizhanovaandet.al.,2019).The business organisation is able to serve the needs and wants of customers in an effective manner by providing quality products. Weaknesses ï‚·Thecompanydoesnothavestaff members that are able to use digital technologyinaneffectivemanner. There is need to hire new employees that have skills and knowledge related to digital marketing. Opportunities ï‚·Thereareopportunitiespresentin market. The task is Unilever must adopt digital technology and this will help them to enhance the customer base. Threats ï‚·Therisingcompetitionisthreatfor Unilever. It is seen that the organisation has to form strong strategies that help themtoprovidebetterthenthe customers. Strategy: To achieve the objectives, Unilever must set effective strategies that will help them to achieve success. STP will help the business organisation so that they are able to achieve success. ï‚·Segmentation: It is seen that Unilever uses demographic factors so that they are able achieve success. It is seen that there is need to select right group of customers that they want to serve. There are various basis of segmentation such as demographic, geographic, behavioural. ï‚·Targeting:Itisseenthattargetingbestcustomergroupwillhelpthebusiness organisation to understand the need of potential customers in an effective manner(Vieira and et.al., 2019). They target customers on demographic basis.
Positioning: It is a way to set image of the company ion the minds of customers. In relation to Unilever the business organisation is famous for serving the customers with quality products. Objectives: The objectives are set by the organisation and they work to achieve them. These are the end goals that the company wants to achieve. The objectives set by Unilever are as follows: To use right digital media platforms. To reach more customers and enhance the customer base by 10%To enhance the sales by 5 % in next quarter Tactics: Tactics are the ways that are used by Unilever is order to achieve the goals and objectives in an effective manner. It is important to work according to them so that they are able to achieve the task. It will help the company to use digital marketing in an effective manner. Unilever will adopt the following tactics:Product: The company will focus on quality of the products served by them. It is seen that they will promote the product of the company so that they are able to promote the same in an effective manner. Price: The company uses competitive pricing so that they are able to enhance sales. It helps to attract the customers are achieve success. Place: The use of digital marketing does not target any place. It is see that using digitalisation helps Unilever to reach more and more customers.Promotion: There is need to use digital marketing tools to attract the customers. In relation to Unilever they will use social media marketing and e-mails marketing to attract more and more customers(Minculete and Olar, 2018). It will help them to serve the needs and wants of customers in an effective manner. Actions: The action plan helps the company to achieve the goals and objectives in an effective manner. The budget will help to support the objectives and achieve them. ParticularsAmount (£) Marketing10000 Promotional activity20000
Plant and machinery120000 Digital media7000 Total148000 Control: It is important to take control measures so that they are able to know about their real position. It is necessary for Unilever to check the performance and take measures to make improvements. The use of Key performance indicators will help Unilever to know about their performance and make changes. The return on investment and conversion rate will help the business organisation in order to achieve success. The use of omni-channel marketing to ensure the consistency of the consumer experience in every aspect. Omni channel marketing helps to enhance the experience of the customers. It helps them to use best platforms that enhance the working of the business organisation. It enhances the trust of the customers in the organisation and enhance loyalty of the customers. The business organisations nowadays have understood the importance of multi-channel marketing. It help them to get benefit of using all the channels in an effective and efficient manner(Saura, Palos- Sanchez and Correia, 2019). The company is able to satisfy the needs and wants of the customers. It helps to communicate effectively with the customers. It is a customer centric approach that helps the business organisation interact with the customers in an effective manner. The use right tactics will help, Unilever to achieve success. It provides seam-less experience to the customers. They are able to enhance sales of the organisation. The customers preferences are know to the organisation by using right channels of marketing. It is necessary for the company to select combination of best channels in order to enhance the experience of customers. Unilever will use social media marketing as it has wide reach and cost friendly. The use of e-mail marketing will help to contact and communicate with each and every customer and persuade them. TASK 4 Monitoring and measuring digital marketing The ways to monitor the effectiveness of the digital marketing are as follows:
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Overall website traffic:It is seen that by checking the traffic on the website, Unilever will be able to achieve success. The primary goal of the organisation is to enhance the traffic on the website and then convert the customers. It is important to check the traffic on website of Unilever. Onsite Analytics:It helps Unilever to take actions based on the customers. It is seen that all the actions that are taken by the customers are analyzed and then Unilever check arrival and leaving time of the customers. The use of key performance indicators will help the business organization. These are the quantitative measurements that can be taken by the company to measure the overall performance of company. The KPI's are as follow: New visitors: Unilever checks the number of new visitors on the website. It helps them to know about the change in number and analyses the performance. Present a set of actions to improve performance in digital marketing ItisimportantforUnilevertotakeactionsthatwillhelpthemtoenhancethe performance. It is seen that there is need to take suitable actions that will help to improve the overall performance of digital marketing of company. ImprovementsImplicationResourcesTime Omnichannel marketing strategy Itwillprovide personalisedexperience to the customers. It will also help the business to reachthetarget customers(Beherand et.al., 2020). Needofexpertise knowledgeanddigital marketing skills, 1 Month Takefeedbackof customers There will be option of providingdirect feedback on the website so that real image can be analysed. Well designed website15 Days Artificial intelligenceIthelpsUnilevertoTeamofexpertsand1 Month
know about the trend in marketrelatedto customers. right software CONCLUSION From the above report, there is discussion related to digital marketing. Comparison among traditional and online marketing is done. The key trends and insights that fuel the growth of digital marketingare also discussed. The tools and hardware that assist the business organisation are discussed. Digital marketing plan for company is formulated. In the end of this report there is discussion related to measurement techniques and actions that will help to enhance the performance.
REFERENCES: Books and Journals Alghizzawi, M., 2019. The role of digital marketing in consumer behavior: A survey.Int. J. Inf. Technol. Lang. Stud,3(1), pp.24-31. 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. Beher and et.al., 2020. Personalized digital marketing recommender engine.Journal of Retailing and Consumer Services,53, p.101799. Bizhanova and et.al., 2019. Impact of digital marketing development on entrepreneurship. In E3S web of conferences(Vol. 135, p. 04023). EDP Sciences. Chaffey, D. and Ellis-Chadwick, F., 2019. Digital marketing. Pearson uk. 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. Desai, V., 2019. Digital marketing: A review.International Journal of Trend in Scientific Research and Development,5(5), pp.196-200. Gupta, S., 2018.Digital marketing. McGraw-Hill Education. Hanlon, A., 2019.Digital marketing: strategic planning & integration. Sage. Herhausenandet.al.,2020.Thedigitalmarketingcapabilitiesgap.IndustrialMarketing Management,90, pp.276-290. Kingsnorth, S., 2019.Digital marketing strategy: an integrated approach to online marketing. Kogan Page Publishers. Minculete, G. and Olar, P., 2018, June. Approaches to the modern concept of digital marketing. InInternational conference Knowledge-based organization(Vol. 24, No. 2, pp. 63-69). Purwanti,Y.,2021.TheInfluenceOfDigitalMarketing&InnovasionOnTheSchool Performance.Turkish Journal of Computer and Mathematics Education (TURCOMAT), 12(7), pp.118-127. Saura, J. R., Palos-Sanchez, P. R. and Correia, M. B., 2019. Digital marketing strategies based onthee-businessmodel:Literaturereviewandfuturedirections.Organizational transformation and managing innovation in the fourth industrial revolution, pp.86-103. Vieira and et.al., 2019. In pursuit of an effective B2B digital marketing strategy in an emerging market.Journal of the Academy of Marketing Science,47(6), pp.1085-1108.
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