Integrated Digital Marketing Strategy for Dark Woods Coffee
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This report discusses the macro and micro market environment of Dark Woods Coffee, potential market segments, and a plan to target each segment through digital marketing communication mediums. It also evaluates the chosen digital marketing communication mediums and reflects on the skills developed during the research.
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BSc (Hons) Business ManagementTop up BMP6008 Integrated Digital Marketing Strategy Assessment 2 Digital Marketing Report 1
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Table of Contents Introduction...........................................................................................................4 An analysis of Dark Woods Coffee’s macro and micro market environment.4 Dark Woods Coffee’s potential market segments............................................5 An explanation of the plan to target each segment through digital marketing communications mediums...............................................................................6 An outline and critical evaluation of chosen digital marketing communications mediums................................................................................7 A reflection of the main skills that I have developed from this module...........8 Conclusion............................................................................................................8 References...................................................................................................................9 2
Introduction The collection of activities which are performed by business organizations in order to influence the people to buy their products and services are known as marketing. Those marketing activities which involve the use of digital channel is known as digital marketing. Below mentioned report is based on Dark Wood Coffee which is a UK based company established in 2013. They are working as wholesaler as coffee roaster and supplying coffee to several cafes, restaurants, coffee shops and many more (Aswani, R and et.al., 2018). The main purpose of making this report is to evaluating the strengths and weaknesses of marketing communication elements produced and reflection on the skills developed during this research. An analysis of Dark Woods Coffee’s macro and micro market environment Coffee is found as a drink which is highly preferred by the people. The taste of coffee is depend on the coffee beans. Dark Wood Coffee is a wholesaler of coffee beans working in the United Kingdom. There are many environmental factors which affect the operations of business organizations. These factors have been analyses by applying PESTLE which is a marketing tool used by the organizations for the purpose of analyzing the micro and macro environmental factors. PESTLE stands for Political, economic, social, technological, legal and environmental factors. PESTLE analyses of Dark Wood Coffee is given below: Politicalfactor-Itdeterminesthegovernmentpolicywhichhastheimpact organization. The factors includes the political stability, taxation policies,and trade polices. The business of the coffee is highly dependent on the international trade. The trade relationship among countries which produces and consume determines the final price of beverage which impacts sales of Dark Wood Coffee (Baena, V., 2019). Economic factor-There are various factors such as interest rates, foreign exchange rate, inflation rate which affects the organization and its profitability. The growing incomes impacts on the consumer spending which consumes more tea, coffee. The Dark Wood Coffee is able to produce high quality coffee grounds. With the inflation the prices rises which decreases the purchasing power of consumers and leads to less sales (Bowman, J.M., 2021). Social factor- The emerging trends are identified and focus on social environment. The marketer understands the customers needs and wants which includes the 3
factors such as cultural trends, attitude change, education level etc.The consumers are more health conscious as they make healthy choices and leads to more spending. The coffee contains he large amount of caffeine which consumers consume to improve their mood, sleep. The other factor is fair trade it is an international movement seeks to compensate with the farmers for produce. Technological factor-The rate of technological innovation and development is considered which affects the market. The factors involved are automation, research and development, technology. The Dark Wood Coffee involves genetic engineering at genetic level to improve the yield, taste, shelf-life etc. It helps the producer in generating larger profits. The Dark Wood Coffee makes the use of coffee specific appliances such as coffee grinders, drip machines to make the consumption of coffee easy (Childers, C.C and et.al., 2019). Legal factor-The organization is required to be aware of the changing legislation which impacts on the business operations. There must be and understanding of the legal laws and required to comply with them.The Dark Wood Coffee follows the food standards as it comes under the food and drink regulations. Environmental factor-The factors are related to the influencing of the surrounding which includes the factors such as climate, recycling procedures, waste disposal etc. The unsustainable farming process result in deforestation and other factors such as use of pesticides, fertilizers affects the farming. Dark Woods Coffee’s potential market segments The Dark Wood Coffee will concentrate on the customer segments of coffee shops, restaurants, hotels and cafes. It is a wholesale coffee roaster provided to the customers. The market segmentation of the Dark Wood Coffee helps the customers in the purchase of coffee to prepare and sale of coffee. The restaurants and cafes purchases the coffee and espresso to serve theirretailcustomers.Thesegmentationisdone onthebasisofdemographic, geographic, behavioral and psychographic. In the segmentation it targets to the men and women who consumes the coffee (Dasgupta, S. and Grover, P., 2019). It targets to the age group of 18-25 which prefers high caffeine and the age group 30-60 prefers premium and express with half the caffeine. The 64% coffee is consumed in the breakfast, 28% between meals and 8% in other meals. The 35% of customers drink sweetened or plain black coffee and 65% drinks by adding sweetener or creamer. The target market segment focus on the customer segments of restaurants, hotels, cafes and coffee shops. These all are the attractive 4
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consumer segment as they have the constant need for coffee. It provides the high quality coffee. He purchasing pattern of the customer is based on the convenience, cost, and quality. It targets to the middle and upper class of customers. In the positioning strategy to target the most valuable customer it is analyzed how to position the product. The unique selling proposition is identified. The positioning facilitates the brand to get through the mind of the target consumer. TheDark Wood Coffee faces competition from the several competitors such as Pumphreys coffee, TRUTH coffee roasting etc. It has won multiple great taste awards being named with the top 50 food products in the UK. It also open the doors for the pop-up cafe days and events. It sources and roast the finest coffee from the world supplying wholesale, retain and food service coffees. It also provides the machines, brewing and other cafe equipment, training and support (Ferrell, O.C. and Ferrell, L., 2020). Anexplanationoftheplantotargeteachsegmentthroughdigitalmarketing communications mediums The digital marketing helps in targeting the specific segment of the customer base and is interactive. The digital marketing takes the use of internet, mobile devices, social media, to reach consumers. It is a new way of approaching to customers and understanding their behavior. The digital marketing communication refers to the different marketing channels which focuses on how business communicates the message in desired market. The digital communicationhelpsinpromotingthebrandofDarkWoodsCoffee’s.Thedigital communication is the process of connecting people across online channels. The digital marketing plan is the document which outlines the marketing goals by comprising of strategies, channels, budget of company. The digital marketing plan helps in understanding the target audience and their needs to adjust the sales model. With the help of plan the resources can be utilized in efficient way. There are various ways through which the messages ofDark Woods Coffee’scan be communicate to the target audience (Kadekova, Z. and Holienčinova, M., 2018). Content writing- The content writing helps in attracting the customers attention, educates the newcomers, and fostering leads. The potential customers are educated by providingthemrelevantcontent,guidancethroughsalesfunnelregardingthecoffee availability. The content can be presented in the form of articles, reviews, newsletters, webinars etc. Advertising- It is a paid form of communication from an identified sponsor directed towards group rather than individual which draws the attention to ideas, goods and services. 5
The advertisement related to the brand is delivered through thew media of television, radio, and internet. It helps in finding the large customer base and revenue stream is expanded of theDark Woods Coffee’s. It also leads to increases in traffic to the websites. Social media marketing- It involves the usage of different social media channels such as Twitter, Facebook, Instagram to connect the audience. The social media helps in building the brand and boots sales. It also increases the traffic on websites ofDark Woods Coffee’s. It facilitates two-way communication to encourage the user participation, feedback (Kittelberger, D. and Allramseder, L.S., 2019). To create the marketing plan first the brand is outlined which involves the pros and cos of the business to sell the product effectively to the customers. The segment is targeted and product is developed to satisfy their needs. After this before entering into the market the goal is established defining the tasks, and means of achieving them. The digital marketing strategy is created and budget is prepared. The company uses various communication mediums to promote the product and to reach customers. An outline and critical evaluation of chosen digital marketing communications mediums There are various marketing communication tools available and effectively used to promote the brand of theDark Woods Coffee’s. It is a wholesale coffee roster dealing in the specialty coffee supplying to coffee shops, cafes, restaurant and hotels. The content writing helped theDark Woods Coffee’s to present the content in useful way by conveying the important information and educated related to product. The company can use this to have target audience growth, high customer engagement etc. The content writing build relationship and sales is boosted. The benefit can be it creates the brand awareness, trust and loyalty. The cost is less and increases the traffic on websites (Micheaux, A. and Bosio, B., 2019). The drawback is it is time consuming and requires the skills to establish effective content. It is tricky to develop the ideas for the new topic. The advertisement is the communication of idea or product to a large number of people which can be used by theDark Woods Coffee’s as effective communication medium.The advertisement has the benefit in boosting sales and targets the customers by spreading promotional message regarding the product. A sense of credibility is created and consumers are educated. To have the advertisement for the product ofthecompanyitisveryexpensivewhichisthedrawbackandleadstoone-way communication. TheDark Woods Coffee’s uses the social medium marketing as a digital communication medium to target the audience at large (Richardson, N., 2019). It leads to the direct connection with the audience and gets the valuable insight of the customers. It provides 6
the customer satisfaction creating awareness regarding the product which is an advantage for the company. The social media marketing has the disadvantage of putting business in risk as it enables to study competitors strategy. It is has difficulty in creating share-worthy content (Sharma, R and et.al., 2018). A reflection of the main skills that I have developed from this module From the above this module I have learned many skill which helped me in the personal development and got to know about the company and its products. It developed my communication and learning to perform more efficiently. I have developed the critical thinking skill by analysis all the available facts and creating the logical connection between ideas. The critical thinking helped me in the effective communication and enabled the ability of problem solving. This skill can be applied in any situation related to planning and analysis. From the critical thinking skill I can enhance my language and presentation skill to think clearly. The other skill I developed is research skill which is the ability to search, evaluate and using the present information that is relevant to the particular topic. In this skill I searched on the marketing topic, communication mediums that a company uses which enhanced by research. The research skill provides the solution for the problem and the tasks are completed efficiently. Conclusion The conclusion has been made that digital marketing is very important with the rise of new technology as it helped the companies in the various ways. In the digital communication strategy it has made numerous of advancement and improvements.TheDark Wood Coffee wholesale the coffee roaster which targets the customers and supply to restaurants, coffee shops.It helped in targeting the customers at large and providing the information. In this it discussed the micro and macro environment and the targeted segments. The company also uses several digital communication mediums tocreate the awareness such as social media marketing, advertising etc. A reflection on the skill is also provided which I have developed from this module 7
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References Aswani, R and et.al., 2018. Detection of spammers in twitter marketing: a hybrid approach usingsocialmediaanalyticsandbioinspiredcomputing.InformationSystems Frontiers,20(3), pp.515-530. Baena, V., 2019. Global marketing strategy in professional sports. Lessons from FC Bayern Munich.Soccer & Society,20(4), pp.660-674. Bowman,J.M., 2021.DigitalMarketingand the CultureIndustry:TheEthicsof Big Data(Doctoral dissertation, University of Arkansas). Childers, C.C and et.al., 2019. # Sponsored# Ad: Agency perspective on influencer marketing campaigns.Journal of Current Issues & Research in Advertising,40(3), pp.258-274. Dasgupta, S. and Grover, P., 2019. Impact of digital strategies on consumer decision journey: special.Academy of Marketing Studies Journal,23(1), pp.1-14. Ferrell, O.C. and Ferrell, L., 2020. Technology challenges and opportunities facing marketing education.Marketing Education Review,30(1), pp.3-14. Kadekova, Z. and HolienÄŤinova, M., 2018. Influencer marketing as a modern phenomenon creating a new frontier of virtual opportunities.Communication Today,9(2). Kittelberger, D. and Allramseder, L.S., 2019. The digital strategy: The guide to systematic digitizationofthecompany.InPerformanceManagementinRetailandthe Consumer Goods Industry(pp. 123-136). Springer, Cham. Micheaux, A. and Bosio, B., 2019. Customer journey mapping as a new way to teach data- driven marketing as a service.Journal of Marketing Education,41(2), pp.127-140. Richardson, N., 2019.Sustainable marketing planning. Routledge. Sharma, R and et.al., 2018. The future scope of netnography and social network analysis in the field of marketing.Journal of internet commerce,17(1), pp.26-45. 8