The paper analyzes the online brand of ASOS, a British online fashion and cosmetic retailer, and describes its customer engagement strategy. It also analyzes the current digital marketing strategy of the chosen organization along with the appropriate recommendations for the improvement of the customer engagement. Read more on Desklib.
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Running head: DIGITAL MARKETING AND SOCIAL MEDIA Digital marketing and Social Media Name of the Student Name of the University Author Note
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1DIGITAL MARKETING AND SOCIAL MEDIA Introduction: Themarketcompetitioninthemodernbusinessworldisseentoincreasein significant manner. The reason behind the increment of the intense competition in the modern business world is majorly the inclusion of the considerable number of new entries. The number of new organizations entering the fashion and clothing market in recent times is observed to be significant (Taplin 2014). In order to avoid the intense competition of the market, the modern business organizations are observed to opt for the increasing marketing activities in order to make sure that their products and the services are able to attract larger number of customers (Insley and Nunan 2014). Along with the marketing activities, the online business conductionis observed to be a primeneed for the modernbusiness organizationsinincreasingthe generationof the profit.The paperisfocused in the elaboration of one such organization in the form of the ASOS. That paper analyses the online brand of the chose organization and along with that, describes the customer engagement strategy of the online brands. Apart from that, the paper analyses the current digital marketing strategy of the chosen organization along with the appropriate recommendations for the improvement of the customer engagement along with the increment in the loyalty of the customers towards the chosen organization. The ASOS online is known to be a British online fashion and cosmetic retailer. The chosen organization operates in the British clothing industry and is able to concentrate on the online business conduction. The chosen organization was established in the city of London in the year 2000. Currently the organization is led by the excellent leadership of the chief executive officers of the organization Brian McBride and Nick Beighton along with Anders Holch Povlsen (Asos.com. 2019). The organization having the headquarter in London, is able to establish a significantly strong brand for selling products such as the clothes, shoes and beauty accessories. The excellence of the senior level management of the organization in the
2DIGITAL MARKETING AND SOCIAL MEDIA formation of the strong brand is significantly visible with the generation of 2.4 billion pounds as the revenue in the year 2018 (Asos.com. 2019). Apart from that, the establishment of such strong brand is seen to be of great significance for the organization in attracting larger number of customers for their products. Literature: Asmentionedearlier,themodernbusinessworldisbecomingsignificantly competitive. Specifically the clothing and the fashion retailing industry is seen experience the entry of the notable number of new organizations with an objective of increasing the profit. Under such situation, the increment in the competition is seen to be threatening for the existing business organizations in their survival and in their growth as well. The increment of the uncertainty in the business conduction of the modern business organizations in terms of generating profit is seen to force them towards the effective management of the requirement of the customers. Ashley and Tuten (2015), are also observed to comment on the fact that in the modern business context, the modifications in the products and the services that the modern business organizations design for their customers are majorly dependent on the preferences of the customers. In order to make sure that the customers are happy with their business conduction and the products they design, the modern business organizations are seen to be notably focused in gathering the information from the customers regarding their needs and preferences. Under such situation, the effective engagement with the customers of the organizations become expressively important (Venkatesan 2017). The reason behind this, is the scope of achieving the information regarding the preferences of the customers which has the potential to result in formation of the products and the services that will trigger repetitive purchases from the part of the customers.As the youths or the people of the young generation are observed to be
3DIGITAL MARKETING AND SOCIAL MEDIA the main targeted segment of the customers for the companies operating in the clothing and fashion industry, the achievement of the preferences of them regarding the products and the services will be better achieved through increasing the social media and online activities. According to Armstronget al.(2015) as it is pretty evident that the people of the young generation are more inclined towards the technology and the social media platforms, the initiation of the social media activities with a precise focus on the collection of the requirements and preferences of the customers regarding their products produces a strong base for the increased customer engagement. Kotler and Armstrong (2015) stated that the collection of the preferences and views of the customers are significant for the organizations in designing their products and services as that is instrumental in making the customers feel that the products of the organization are designed for them. This is of great significance in the improvement of the customer loyalty and that has the potential to increase the sales of the organization with the increasing intention of the customers for the repetitive purchases (Adenijiet al.2014). Dimensions of the customer engagement strategy: Consideringthethreedifferentdimensionsof the digitalcustomerengagement strategy in the form of the cognitive, behavioural and the emotional, the impact of them on the customer’s intention of purchasing a particular product is observed to be significant. Behavioural: Thementioneddimensionisconsideredtobefundamentaltothecustomer engagement. It is observed to be more concerned on the exchange of the ideas, opinions and the views regarding the experience of a particular brand amongst the customers and probable customers of the brand. The application of the improved technology and the social media platforms for the exchange of the ideas and experiences of the customers with the effective
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4DIGITAL MARKETING AND SOCIAL MEDIA interaction amongst the customers is seen to be of great significance for the organization in gaining the idea of the preferences of the customers (Harriganet al.2017). The interaction amongst the members of the brand community is instrumental in the increment of the involvement of the customers towards the organization. Emotional: The emotional dimension of the digital customer engagement strategy is seen to be concentrated on the customer’s consideration of the relatedness to the products and the servicesthataparticularorganizationdesigns.Thementioneddimensiontriggersthe customers for the identification of their self-image in the products and the services (Harrigan et al.2017). As the strategy is more focused on the evaluation of the identity of the customers, the consideration to both forms of identity that are the social and personal become significant for the designer of the strategies. In the mentioned dimension, the brand that reflects the individual identity of the customers are observed to get the maximum market limelight. Cognitive: The cognitive dimension of the digital customer engagement strategy consists of three different stages which are the enthusiasm, attention and absorption. The strategies that are able to generate strong level of the interest and excitement towards a particular brand are seen to be covered by the cognitive dimension. Under such situation, the strategies are considered to have the potential to lead towards optimum experience such as customer satisfaction. The strategies that are dedicated in the increment of the customer’s focus towards a particular brand is seen to be in alignment with the attention stage (So, King and Sparks 2014). The main objective of the stage is to make sure the persistent attention of the customers towards a particular brand as that has the potential to lead to the higher levels of the customer
5DIGITAL MARKETING AND SOCIAL MEDIA engagement. The absorption is also a major aspect of the mentioned dimension which is concerned with the higher level of concentration of the customers towards a particular brand and that leads to such a state where they are unaware of the amount of time and money that they spent on that particular brand. Digital Marketing Strategy of ASOS: The chosen organization is observed to be significantly rich in terms of the online activities for the improved business conduction. The organization is based on the online shopping and adding to that, it is observed to be notably active in the online portals such as the Twitter, Facebook, Instagram. Along with that, the company was observed to use the e- mail subscriptions in a significant manner to reach out the customers. Content development strategy: The main objective of the content development strategy of the organization is the operations regarding the dimensions such as the cognitive and emotional. The activities such as the identification of the products that are appropriate for the customers of the organization, the formation of the strong level excitement amongst the members of the organization regarding the products of the organization along with the strategies to make sure that the persistent attention towards their brand is achieved, is conducted through the online and social media platform of the organization. The organization has a ratio of two twitter to eight Facebook to hundred e-mail subscribers which is significant in stating the mode for the exchange of the developed content to the customers of the organization (Asos.com. 2019). Along with that, the organization is able to use the Instagram stories for the sharing of the experience of the customers of the organization. In addition to this, the chosen company launched a mobile app in the year 2018 for the effective management and exchange of the information or the content amongst the members of the organization.
6DIGITAL MARKETING AND SOCIAL MEDIA Customer Interaction Strategy: Withtheprecisefocusonthebehaviouraldimensionofthedigitalcustomer engagement strategy, the organization is able to concentrate on the social media activities in order to make sure that the customers of the organization are able to interact amongst themselves. The creation of the online portals and providing the scope to the customers of the organization to comment on the merit and quality of the products and the services of the company is seen to be of great significance in making sure that the exchange of the ideas and the opinions amongst the customers of the organization take place (Chanet al.2014). Customer Experience Strategy: Considering the cognitive dimension of the digital customer engagement strategy, the organization was observed to strategize for the improvement of the customer experience in a significant manner. The organization had their headquarters in Camden Town at Greater London House for the conduction of their business experience with a precise focus for the enhancement of the experiences of the customers. Adding to this, the organization was able to increase the number of employees at the main fulfilment centre in Barnsley to more than 3000 (Asos.com. 2019). Along with that, the organization is able to improve the quality of the performances of the employees in the customer care department which is based in the Leavesden. Apart from that, with the objective of increasing the customer experiences, the organization opened various fulfilment centres with the capability of connecting with the customers, in the regions such as US, UK and Europe (Dessart, Veloutsou and Morgan- Thomas 2015). Social Media Strategy: Asmentionedearlier,theorganizationhasasignificantlystrongsocialmedia presence for the better business conduction. The organization uses the g-mail subscription,
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7DIGITAL MARKETING AND SOCIAL MEDIA own mobile application along with Twitter for the exchange of the information regarding the products that they are designing. Apart from that, the Instagram stories and the Facebook are significantly used by the organization to provide a platform to their customers for the effective interaction and exchange of the opinion (Kunzet al.2017). Recommendations: The organization is seen to be significantly efficient in the online and social media customer engagement. However, the organization is seen to be limited in the offline customer engagement. The organization is recommended to participate in the launching events and in the consultation sessions with the customers in order to understand the real time opinion and preferences regarding the products and the services. This will also help the organization to convince the customers regarding their idea of the product development and will be efficient in the effective filtration of the non- productive and fake responses of many of the social media handlers. However, the success of the organization is not limited to the conduction of the mentioned activity as it is pretty evident that the appropriate implementation of the collected preferences of the customers in the products of the organization will be much needed. Conclusion: On a concluding note, the chosen organization is observed to have a lucrative brand for the customers and adding to that, the company has considerable number of online and social media activities in place for the improved business conduction. However, as the market trends and the preferences of the customers in the clothing and fashion industry changes in very quick succession, the organization is expected to conduct more offline customer engagementcampaignsforeffectiveachievementofthevaryingpreferencesofthe customers.
8DIGITAL MARKETING AND SOCIAL MEDIA
9DIGITAL MARKETING AND SOCIAL MEDIA References: Adeniji, A.A., Osibanjo, A.O., Abiodun, A.J. and Oni-Ojo, E.E., 2014. Corporate image: A strategy for enhancing customer loyalty and profitability.Journal of South African Business Research,2015. Armstrong, G., Kotler, P., Buchwitz, L.A., Trifts, V. and Gaudet, D., 2015. Marketing: an introduction. Ashley, C. and Tuten, T., 2015. Creative strategies in social media marketing: An exploratory study of branded social content and consumer engagement.Psychology & Marketing,32(1), pp.15-27. Asos.com. 2019. ASOS | Online Shopping for the Latest Clothes & Fashion. [online] Available at: https://www.asos.com/ Chan, T.K., Zheng, X., Cheung, C.M., Lee, M.K. and Lee, Z.W., 2014. Antecedents and consequences of customer engagement in online brand communities.Journal of Marketing Analytics,2(2), pp.81-97. Dessart, L., Veloutsou, C. and Morgan-Thomas, A., 2015. Consumer engagement in online brand communities: a social media perspective.Journal of Product & Brand Management, 24(1), pp.28-42. Harrigan, P., Evers, U., Miles, M. and Daly, T., 2017. Customer engagement with tourism social media brands.Tourism Management,59, pp.597-609. Insley, V. and Nunan, D., 2014. Gamification and the online retail experience.International Journal of Retail & Distribution Management,42(5), pp.340-351. Kotler, P. and Armstrong, G., 2015.Principles of Marketing-Global Edition. Pearson.
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10DIGITAL MARKETING AND SOCIAL MEDIA Kunz, W., Aksoy, L., Bart, Y., Heinonen, K., Kabadayi, S., Ordenes, F.V., Sigala, M., Diaz, D. and Theodoulidis, B., 2017. Customer engagement in a big data world.Journal of Services Marketing,31(2), pp.161-171. So, K.K.F., King, C. and Sparks, B., 2014. Customer engagement with tourism brands: Scale development and validation.Journal of Hospitality & Tourism Research,38(3), pp.304-329. Taplin, I.M., 2014. Global commodity chains and fast fashion: How the apparel industry continues to re-invent itself.Competition & change,18(3), pp.246-264. Venkatesan, R., 2017. Executing on a customer engagement strategy.