This report analyzes Dark Woods Coffee's macro and micro market environment, potential market segments, and digital marketing communication strategies. It also evaluates the chosen digital marketing communication mediums and reflects on the skills developed from this module.
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DIGITAL MARKETING REPORT 1
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 P1 An analysis of Dark Woods Coffee’s macro and micro market environment.......................3 P2 Dark Woods Coffee’s potential market segments.................................................................4 P3Anexplanationoftheplantotargeteachsegmentthroughdigitalmarketing communications mediums..........................................................................................................5 P4 An outline and critical evaluation of chosen digital marketing communications mediums.6 P5 A reflection of the main skills that I have developed from this module................................7 CONCLUSION................................................................................................................................8 REFERENCES................................................................................................................................9 2
INTRODUCTION Digital marketing refers to online advertisement of on various channels like search engine, website, social media, mail, etc. It is a tool which help organisations to analyse the productivity of advertisement as the communication is fast and use automation to tract the result (Chaffey, 2019). Dark woods coffee is the supplier of wholesale coffee roasters and beans which was founded in 2013 and suited inWest Yorkshire, Pennines. They supply to cafes, farm shops, restaurants and hotels. They have won awards because of their best quality products. They are the manufacturer of the coffee beans and roasters and supply it to the wholesalers. The report includes analysing the external and internal factors of dark woods coffee, its potential and target market segment through digital marketing communication, evaluation of digital marketing communication. MAIN BODY P1 An analysis of Dark Woods Coffee’s macro and micro market environment The human being is drinking coffee as a beverage for more than 500 years and it has become their mainstay for everyday. It is difficult to think the loss of the coffee industry but there are certain internal and external factors which affects the business of Dark woods coffee. The SWOT and PESTEL analysis will help in identifying the factors which affects the business. SWOT analysis Strength- Dark woods coffee has contributed to the World Coffee Research and coffee plants genetic and climate which is helping the organisation in taking decisions. They pay small farmers good amount for growing the crops and use the waste as fossil fuel by roasting it. Weakness- The small farmers are not willing to work for them because the chemicals use in cultivating the coffee beans for Dark woods coffee is prone to diseases, pests and impacts the climate. Opportunity- There is a growing trend for green coffee sourcing and sustainability as it will help Dark woods coffee to have the competitive advantage (Chaffey and Smith, 2017). 3
There is a switch in vehicles from fuel efficient to electric which they can do for all the vehicles. Threats- The parts of cultivating coffee is not good for soil which is a threat for Dark woods coffee because it is not sustainablee for long term. PESTEL analysis Political factors-The business of coffee for Dark woods coffee is dependent on its internal trade so they should have to consider the trade agreements with the countries as the markets are uncertain. Environmental factors-The income of the people is important for understanding the environment as they become rich they move to high quality coffee. They use sustainable process of operations. Social factors-They are contributing to cultivation of coffee in the markets of southern Tanzania and eastern Ethiopia have become unsustainable because of the impact of climate. Technological factors-Dark woods coffee is using technology in their packaging mainly by converting their packaging to fully recycle packaging. Economical factors-They are cultivating and trading in many countries so they consider the taxation, agreement, income of the consumers and many other factors which will affect their sale (Dodson, 2016). Legal factors-There are food standards which are considered by Dark woods coffee as it comes in the food and drink regulations. P2 Dark Woods Coffee’s potential market segments Dark woods coffee positioned as the high quality premium coffee roasters who supply to wholesalers. They have won “Great taste” award in 2015 and listed in top 50 food products in UK. There is a need for luxury food market and the consumer demand for authentication, freshness, quality and transparency in the business (Confos and Davis, 2016). Market segmentation Market segmentation is dividing the market into sections based similar characteristics. Dark woods coffee considers segmentation as it is important for making strategies for the organisation (Key, 2017). It uses demographic and geographic segmentation and determine the factors such as gender, income, market size, region, etc. The demographic segment of Dark 4
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woods coffee targets two age groups, 18-24 which is young generation of rich families and 25-40 with high income and both male and female coffee lovers. The psychographic segmentation includescustomers who are well educated and have a modern lifestyle. The geographic segmentation is UK. Target market The organisations analyse one or more segments of the market and decides which segments they have to make strategies for. Dark woods coffee targets well educated middle to higher income groups which have a desire to purchase premium quality products. They are looking for places where customers can relax, party and interact with each other. They provide high quality expensive products to the customers as the price is not the most important factor for determining the sale but quality is important (Hanlon, 2019). Positioning Dark woods coffee wants to create a brand which is inclusive rather than exclusive. The coffee should be loved by the target segment but should be appreciated b all the segments of the society. Their coffee behaviour and techniques are for converting non consumers to consumers for the products. P3 An explanation of the plan to target each segment through digital marketing communications mediums Digitalmarketingcommunicationsareoutspacingthetraditionalmarketing communications and the customers are moving from offline to online buying. Digital advertising mediums are search engine optimization, targeted display advertising, online advertising which helps in advertising and getting the impact of the advertisement on consumers. ď‚·Display advertising-Display online advertisement includes both animated and static advertisement. They are at the top of the page or pop ups on the website of Dark woods coffee. These advertisements are based on the behaviour and demographics of the consumers and analysing the search of the customer. The use the design template which has a wide range of products and they are displayed using the analytics of the target customers (Deiss and Henneberry, 2020). The customers are based on their income group and search products which are expensive. The display advertisement is effective when the customers use online platforms to shop and it should be attracted in its visual content using bright colour and in the poster form. 5
ď‚·Search engine optimization-SEO focuses on increasing the organic traffic on the website of Dark woods coffee. It is an effective medium which is used to effective target the customers and make them visit the website where they can be attracted to products of the organisation. Dark woods coffee uses it as an efficient form of advertisement as digital sales is based on the keywords searched by customers. The analyse the keywords and helps in effective positioning of the organisation where it will take customers to their website. It reduces the cost of advertisement when the targeted customers for Dark woods coffee are attracted and they are able to analyse the results. ď‚·Pay per click marketing-These are the paid advertisement on sites like google, linkedin, facebook, Instagram, etc. Dark woods coffee will pay for the customers who will click on the advertisement and visit the website. The organisation will use tools like google adwords, web analytics, etc. to analyse the performance of the advertisement and the increase in sales. It will help in collecting and measuring the information and make an analysis of it which will help in making the strategies of the organisation (Nikunen and et.al., 2017). P4 An outline and critical evaluation of chosen digital marketing communications mediums The evaluation of the digital marketing communication will help in analysing its impact on the Dark woods coffee and they can improve the performance of the organisation. The marketing communication on digital media is effective and helps the organisations in making strategies. The display advertising is a digital marketing advertising on the online platforms to communicate the promotional activities of the organisation (Vien, 2015). The website of Dark woods coffee will be effective and attract customers when they will feel that they provide coffee which is good quality and its a luxury for them to purchase it. The high income customers will get attracted when they find the products satisfying the needs. These advertisements will be on the social media like facebook, linkedin, Instagram, google, etc. and will target customers to satisfy the needs. Search engine optimisation is helping Dark woods coffee in increasing the organic traffic of customers to the website where they will be attracted by display advertisement. It reduces the cost as they attract the target customers who are interested in products and it gives a large market to the organisation (Mogos, 2015). It ranks the position of the organisation and increases 6
customers and increasing the effectiveness of the advertising. The website should have the information which are important for the customers to understand products and can take them to shop for their websites. The website analytics will help them in analysing the organic search and the behaviour of customers. The pay per click is a strategy used by organisations where they will pay for those who went to the website. It position the website on top of the search and the keywords which are used by customers are identified and it will increase the sale of products. Dark woods coffee will analyse the effectiveness of the advertisement and increase the performance. The well educated customers with high income will be attracted when the advertisement is targeting their interest and satisfying their needs which is good quality coffee. P5A reflection of the main skills that I have developed from this module I am glad that I get the chance to conduct the study onIntegrated Digital Marketing Strategy of the company Dark woods coffee's. I come to know that in this advance business environment the digital marketing strategies are on high demand and also prove high results. They have helped in developing diverse skill set by identifying and analysing the potential opportunities in the marketplace. I come to know that digital marketing has effective powers that is while setting at one place and without moving, one can gain large amount of attention in the marketplace. I also come to learn that a balance of critical and creative thinking skills is very essential for the success of the company. The skills that I have developed while conducting this project is that its essential to have a broad understanding and awareness on the mostimportantandcurrentdigitalmarketingstrategiesandtechniqueswhicharebeen implemented and practices by the experts of digital marketing. The topics I intended to cover improved my learning and knowledge of the digital marketing mediums as it is important to have an effective learning of the organisation the report is on and the marketing strategies used by them to increase the sale. I felt confident about the communication and the knowledge I gained from this report. This is helped me in understanding the importance of both online and offline marketing mediums and the effectiveness of digital marketing mediums. I learned about the digital search and forms of analysing the performance of the advertisement on increasing the efficiency and carrying out the search for the report helped me as the organisation was interesting and it became easier for me to understand the topics and 7
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searching on it. This will help me as I have gained the knowledge and digital marketing is the future which I have got the glimpse of that it is useful for organisations as the market is moving towards online platforms. I will maintain my personal and professional learning as it is important to understand the marketing strategies which are important for the success of the organisations. CONCLUSION From the report it is concluded that the role of digital marketing in the success of the organisations. The factors which impact the performance of the organisation and helps them in making marketing strategies. The digital marketing tools are used by the organisation to advertise online and use different communications to connect with customers. The efficiency of these communications can be measured as they use the analytics which are analyse their performanceandfindsthedeviations.Theyhelptheorganisationsinmakingstrategies, controlling,measuringandtakingdecisions.Thecustomerswillbesatisfiedwhenthey understand that they are important for the organisation and help them in increasing profits. 8
REFERENCES Books and Journals Chaffey, D., 2019.Digital marketing. Pearson UK. Chaffey, D. and Smith, P.R., 2017.Digital marketing excellence: planning, optimizing and integrating online marketing. Taylor & Francis. Dodson, I., 2016.The art of digital marketing: the definitive guide to creating strategic, targeted, and measurable online campaigns. John Wiley & Sons. Confos, N. and Davis, T., 2016. Young consumer-brand relationship building potential using digital marketing.European Journal of Marketing. Key, T.M., 2017. Domains of digital marketing channels in the sharing economy.Journal of Marketing Channels.24(1-2). pp.27-38. Hanlon, A., 2019.Digital marketing: strategic planning & integration. SAGE Publications Limited. Nikunen, T. and et.al., 2017. Micro-Enterprise's Digital Marketing Tools for Building Customer Relationships.Management (18544223).12(2). Mogos, R.I., 2015. Digital marketing for identifying customers’ preferences–A solution for SMEsinobtainingcompetitiveadvantages.InternationalJournalofEconomic Practices and Theories.5(3). pp.240-247. Vien, C.L., 2015. The future of marketing: Thriving in a digital world.Journal of Accountancy. 219(5). p.50. Deiss, R. and Henneberry, R., 2020.Digital marketing for dummies. John Wiley & Sons. 9