Difference between traditional and digital marketing with example from Netflix
Verified
Added on  2023/01/06
|7
|1318
|38
AI Summary
This article discusses the difference between traditional and digital marketing, using Netflix as an example. It explores the advantages and cost-effectiveness of digital marketing compared to traditional methods. It also explains how Netflix uses data analysis to improve its marketing strategies and enhance the customer experience.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Digital Marketing
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents INTRODUCTION..........................................................................................................................3 TASK...............................................................................................................................................4 1. Difference between traditional and digital marketing with example from netflix..................4 .........................................................................................................................................4 2. Explain customers touch points and the omnichannel nature of the customer journey of Netflix subscriber........................................................................................................................5 3. Explain how Netflix use the analysis of data generated through digital ,marketing activity..6 4. Explain how analysis of data enable marketers to map this journey to improve company performance and improve the customer experience....................................................................6 CONCLUSION...............................................................................................................................7 REFERENCES................................................................................................................................8
INTRODUCTION Digital marketing is marketing component that is used to advertise by using different digital channels like social media, mobile app, searchengine, website, email etc. With the help of this companies can promote their brands, goods and services. Netflix is the company that is selected in this report. It is a media service provider and production company and it was established in 1997(Diamond, 2019). TASK 1. Difference between traditional and digital marketing with example from netflix. Telemarking is a tradition way of straight conversation it works usually for sale not for advertising. But vital interaction are there in digital marketing by building a closer, direct and controlled connection with leads(Chaffey, 2019). (Susanto, 2017) Traditional marketingDigital marketing ï‚·Itisoldtechniqueofmarketingin which promotion is to be done with the help of Banner, Television, Broadcast, Telephone,sponsorshipanddoorto door interaction. By taking sponsorship for movies Netflix doing promotion. ï‚·By using digital and electronic medium such as ppc, seo, sem , web design, contentmarketing,emailmarketing, social media etc. promotion activity can be perform. By giving advertisement in Facebook, you tube, Instagram Netflix can do promotion. ï‚·It is less cost effective for example to see movie in theatre more amount is to pay in traditional marketing. ï‚·It is more cost effective because Netflix is comparatively less expensive as it offersvariousmoviesor seriesat a point of time. ï‚·Interest, desire, decision and awareness aretraditionalmarketingphrase.It attract less customer. ï‚·Planning,sequel,contentand conversation are four phases of digital marketing.AsNetflixcapturehuge
culture base because large number of public are update in social media so by adopting thisit can create their market inlargescalebydoingpromotion throughdifferentmodesofsocial media. 2. Explain customers touch points and the omnichannel nature of the customer journey of Netflix subscriber. Customers touch point: From starting to end it represent the brands point of audience contact. As it reflects the interaction among business and end users that exist during journey of the customer. Create original content: Netflix invest huge amount in creating original content. The company launch 5 new original series. LUSH is the famous brand that use content to educate large number of audience about its core values. Encouragefeedback: To fuel its movie recommendation system Netflix believe on user rating. Rating, users develop and reviews create awareness among consumers and empower them to take effective purchase decision. Listen, Learn and apply: By usingmultiple channels so many consumer are sharing feedbacks in this digital world. Netflix become successful because they listen to their customers and work on their feedbacks. Continue the conversation: Netflix has create thriving business around subscription that means its livelihood . The organisation leverages streaming information to craft personalized email that promote new seasons of favourite shows. This encourage existing as well as new customers to tap and enjoy new shows or films in Netflix(isser, Sikkenga and Berry, 2019). Omni channel Nature: It is an approach of sales that give shopping experience to customer whether the mode of shopping is offline or online from telephone, desktop, mobile etc. The increasing number of digital channel made the journey to omnichannel more arduous. Digital marketing have completely change the manner of interaction. Through multiple channels large number of customers engage with companies. The Omni channels use by netflix are email, customer service, e-commerce and notification.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Individual touch points must be seen through the lens of the end to end customer journey. The organisation can be tempted to concentrate on achieving touchpoints of individuals beleiving that whole will automatically make greater interaction. 3. Explain how Netflix use the analysis of data generated through digital ,marketing activity. Netflix has around 130 million subscribers globally. Large user base allow Netflix to collect huge data. With thisit takes better and effective decisionand finally make their customers happy with their good services. Netflix also looks at data with in movies. It gather data to understand the trend at deep level. If Netflix saw that 70% of users watched all seasons available of a cancelled show that may provoke some interest in restarting Arrested development. Netflix also looks at data with in movies. To look at in the moment characteristic They take various screen shots. Large user base and data allow Netflix see trend quickly and formulate their opinion. 4. Explain how analysis of data enable marketers to map this journey to improve company performance and improve the customer experience. The customers journey means touch point and pain point audience experience when the interaction is based with the brand. The customer journey have five distinct phases. This is use to create awareness. Various phrase are Consideration phase: This is the point where customers are collecting information comparing prices and reading reviews and feedback from those who have done business with a brand. They review the information that is available on brand website and on social media. Purchasing phase: It is the part of journey where the audience is very close to making a purchase. Retention phase: By providing updates, promo codes, discount offers, customer may be enticed to make additional purchase. Brand advocacy phrase: In this phrase they become loyal to the brand and continue to purchasefromtimetotime.SmartmarketersofNetflixalsoencouragereviews,social commenting and feedbacks. createcustomerpersonas:Netflixcancreatetheirmarketbasebyconsidering demographic information such as age, geographic location, marital status, employment, annual income.
CONCLUSION After doing deep analysis it is conclude that modern method of marketing such as digital marketing is best tools to make promotion and create awareness. Digital marketing is efficient for building and developing brand. Various digital marketing tools like e- marketing, social media, content marketing, web design help to promote business. By developing and using omni channel business benefits the most by doing interaction with large audience through multiple channels like smart phone, chatbox, social media etc. As this channel also help to increase through online or offline channel.
REFERENCES Books and Journals https://neilpatel.com/blog/how-netflix-uses-analytics/ Chaffey, D., 2019.Digital marketing. Pearson UK. Diamond, S., 2019.Digital Marketing All-in-One For Dummies. John Wiley & Sons. Susanto, G. M., 2017.The Power of Digital Marketing. Elex Media Komputindo. Visser, M., Sikkenga, B. and Berry, M., 2019.Digital Marketing Fundamentals: From Strategy to ROI. Routledge.