The Role of Digital Marketing and Social Media Marketing - Theory and Examples
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This article discusses the importance of digital marketing and social media marketing in contemporary businesses. It explains marketing mix, communication mix, and effective social media content. It also provides examples and references.
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BSc (Hons) Business Managementwith Foundation BMP3006 Practical Digital Marketing Assessment 1 The role of digital marketing and social media marketing – theory and examples Submitted by: Name: ID: 1
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Contents Introduction1 Part 1p-p Explanation of marketingp Anexplanationofwhatthemarketingmixisandwherethe communications mix fitsp An explanation digital marketingp An explanation of social media marketingp Anexplanationofwhydigitalmarketingandsocialmedia marketingare important to contemporary businessesp Part 2p-p Twoexamplesofsocialmediacontentthatreallyworkand justification of why they workp Screen shots of effective campaigns with reference to established models and standards for digital marketingp Why social media content is effective?p Conclusionp Referencesp 2
Introduction Marketing is the technique which is adapted in the workplace in regards of promoting business and the commodity produce by the company with the objective of achieving goals. The business invest a huge amount in marketing strategy in order increase the sales volume and awareness of brand(Quix and van der Kind, 2019). This technique include the various method of marketing like digital marketing and advertising or many more.The content will explainthe marketing concept,commercialism,digital marketing and social marketing is discussed further it will include the media contents and campaign,value of marketing will assistance in publicity of products. Part 1 Explanation of marketing this refers to the activityof organisation forupgrade and spreadingthe awareness of the product inthe market. It is the essential department with in the company which assist in making a proper strategy of branding the company and increasing the sales scale of the organisation(Rahman, and Ayaz, 2018). In the words of Cundiff and still- “Marketing is the term used to describecollectively thosebusinessfunctionsmostmostdirectlyconcernedwiththedemand stimulating and demand fulfilling activities of the business enterprise”. Explain the marketing mix and their principles or how marketing mix and communication mix are connected. Marketing mix is the technique of analysing and assist the organisation to promotes and branding the product and services of the company. In the words of Philip Kotler “ the science and art ofexploring, creating anddeliveringvalue to satisfythe needsof a target market at a profit”. It consist aseven principles whichare described below. 3
Product – these are thecommodity that are provided bythe organisation in order to sellthem in market in return of profit and long term sustainability of thebusiness(Rahman, 2019).Theconcerncontinuouslyworksonthe product by including creativity and quality so that more and more consumer get attracted towards the organisation. Price – this states the valuation of the product on the basis of the production and manufacturing cost in the organisation by adding the margin of the profit in order to make them available inaffordable cost so that more customer can buy the product easily(Shimpi, 2018). Place – This isrefers to the location where the business sell their goods in market segment. By considering the demographic and geographic point of view. The company places where they see the effective productivity for the business. Promotion- This is methodconducted by the firm in regards to promoting the produced goods in the target market with the mind set of achieving the organisational objective with the long term sustainability of the concern. It helps in expanding the business in the wide areas. Process – this include the action and plans made in the institution to set the proper strategy to sell the product or make them available in the marketplace. physical evidence – It consider a presence of product in the market. The company uses the small outlets and the stores ton promote the goods and to be the available for the customers in the market. People – it consider a target customers to whom the company targets in order to reach them(Yuruk-Kayapinar, 2020). Communication mix includes the method through business connects the consumers. Suchassocialmedia,directmarketing,websites,events,exhibition,product packaging etc. Communication mix fits in marketingmix through these four components which assisttheconcernincommunicationandbuildingconnectioninmarket 4
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impressive.Merchandisingplaysavitalroleinachievingobjectivesofthe institution,italsoassistinincreasingtheeconomicscaleandprofitofthe organisation. While introducing the new product in marketplace themanagement should previously identifies the requirements of the consumers and analyse that according to needs the product is suitable or not. Communicationis essential to createarelationshipbetweenmanagementandworkeranditwillassistin completion of the mark.It isessential to planso thatimprovedgoods can be produce and in broad range. What is digital marketing ? Digital marketing isrefers to the most famous method of marketing which involve the utilisation ofdigital technologyand online channels which helps in promoting the brand image in the sight of public. In present time every company uses the digital platform in order to promote the goods in market. It is very helpful technique of encouraging the customer to purchase the goods online on a one click and for business in motivating marketing team to do something creative that attract the consumers. It means promoting the thing by using current and modern technology such as advertising, Facebook, and other websites.It is important in providing quality goods and it grows the image of product by providing the detailed image of the commodity to the user by involving the uses and positive effects of the ware. The plans were made by the manager for attaining the objective of the company.This will assist in create more profitability.It alsogive a improvedmethods by which sellingof commodity can be finish and createspositives impact in the eyes of the customers. An explanation of social media marketing This term refers toan effective manner to promoting the products in the market and in order to introducea new commodity in the market the company uses the social media platform to understand the mindset of the consumers and their taste. It includes the social media like Instagram, whatsapp, Facebook, and websites etc. to promote the offers provided by the company. The marketing of the product 5
assisttheconcerninmakingtheeffectivethefirmmoreeffectivebusiness promotions with the help of making products and services of the company. Thus, the social media marketingis used by the most of the company In order to reach the target consumers easily. Now days the local marketers also using this kind of marketing in the terms of promoting their business in the marketplace. As of consumer is earning for maintaining a standard of having a satisfied life they want to invest in a good and quality product so they invest by researching online in varied choices soin this consumer behaviour social media helps inunderstand the consumer mindset with the feedbacks provided by the users. There are some cultural media creaturesuch as, twitter, Instagram and many other so thatindividual can reach to the point easily. Explain the digital marketingand social marketingare important to contemporary business. Digitalisation and media marketingare essentialto currentbusinessas they assist in building theoperationsand process effectivelyadequate with the charge andactivityof the digital marketingchannelsand throughthis, digital platform also start the process and working of the businessto make the process and branding in the effective in the target market. Both the sources are more effective andbeneficialforthebusinesstogeneratemorerevenuesandprofitforthe business. It also help in growing the business globally(Perera and Perera, 2018). Part 2 Twoillustrationofsocialmediacontentsthatreallyworkand explain of why they work Therearevariousmethodsbywhichcorrectdetailscanbeprovidedtothe consumers andprovoke them to purchasethe products.It occurthat users are not havingrelevantinformationabout the goods so that they can have a positive impact of the product in the eyes of the customers. This is a method by which issued by 6
companiesthat leads to the increase in sales and attract the customers towards the product(Paschen, Paschen and Kietzmann, 2017). Videos- In current era the most effective method of marketing is the presenting the videos related to the products and services. Short videos are made by the managers regardingtheproductsanduseofproducts.Thesevideosaremadebythe management to assures that consumers preferences and the consumer behaviour. It also helps in determinesif any improvementsis required orchangesin the products sothatit can fulfilltheneedfullyof consumers. Sorecordingare the best method of promoting business and commodity that is produced in the business. It provides the real and correct information of the product(Mirzaei, Nayebzadeh and Hataminasab, 2021). Blog and articles- These are the examples ofsocial mediaas it assistin providing all the information and the real character of the product through these the business can illustrate the product in the market. The management plans these campaign in order to make the customer experiencedregarding product. These consist a relevant information of products through newspaper and magazines as well as on social sites so that more customers can attract towards the products. It also help in capturing the broad area of marketing. It also satisfy the customer needs and requirements in order to make them a loyal customer for the company. Screen shots of effective campaigns with reference to established models and standard for digital marketing when an organisation makes a new product or new commodity then for promoting them through varied methods like newspaper, social sites, advertising etc. so that customer gets the proper and relevant information regarding thecreation. Driveare being organised by the mangers,so the message can be convey to the target market say consumersclose tothe characteristicsand welfare of the product. It isutilized bythe companyto influencepeople topurchasethegoods of the firm(Kumar 7
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and Nanda, 2019). This is the way to increase the sales scales of the institution and can increase the revenue ofindustry. In campaigns the product are presented in attractive and presentable way. Apple company uses the twitter to promote their product whenever the company introduce the new product in the market they promote it on the twitter earlier before launching the product. Mark and spencer- 8
while introducing new product in the market the company uses to inform firstly through the Instagram as company promotes the goods and offer through the Instagram so that more customer get attracted and the social site is counted in top utilised site in the worldwide. Why social media content is impressive? The concept of digital mediaplays a vital rolesin completingcontentand achievementsof a business.It consist various methodsby which userscan be capturedtowards the brand. Now days most of the people are active on social media or social sites. It is effectivebecauseit helpsin providing all details that are relevant for the consumer are required on the sites for people. It covers the broad area of the market in which business want to expand his institution. It enables the organisation to add value to the shareholders, helpsin maintaining proper communication between the management and employees and the company and consumers(Al-Emadi and Yahia, 2020). Conclusion From the abovereportit is analysed that,merchandisingis the necessary element ofallcompany no matter what the size is.Social media marketingandautomated marketinghave been discussed above the various methods of promoting the brand in the market In order increase the competitive benefits and profit of the business in the marketplace. The availability of modern technology assist the organisation in increasing the efficiency of the business or increase the sales volume. Now days more people are active on the social media they feel more comfortable while using the social media platform. They are more connected through the networks. 9
References Al-Emadi, F.A. and Yahia, I.B., 2020. Ordinary celebrities related criteria to harvest fame andinfluenceonsocialmedia.Journalof ResearchinInteractive Marketing. Kumar, V. and Nanda, P., 2019. Social media in higher education: A framework for continuous engagement.International Journal of Information and Communication Technology Education (IJICTE),15(1), pp.97-108. Mirzaei, Z., Nayebzadeh, S. and Hataminasab, S., 2021. Conceptual mapping of social marketing mix in tax compliance.Iranian journal of management sciences,16(62). Paschen, U., Paschen, J. and Kietzmann, J., 2017, May. Cool Marketing for Icewine? Investigating Producer’s Product Positioning, Segmentation, and Marketing Mix for CanadianIcewine:AnAbstract.InAcademyofmarketingscienceannual conference(pp. 337-338). Springer, Cham. Perera, G.R. and Perera, I., 2018. Influence of social media marketing on the brand image of organizationsinthehospitalityindustryofSriLanka.InMediainfluence: Breakthroughs in research and practice(pp. 371-383). IGI Global. Quix, F.W.J. and van der Kind, R.P., 2019. From SWOT to marketing mix. InRetail Marketing(pp. 357-368). Routledge. Rahman, M.K.U. and Ayaz, M., 2018. The Impact of Marketing Mix on Customer Buying Behavior: A Case Study of Footwear Industry.NUML International Journal of Business & Management,13(1), pp.107-117. Rahman,M.M., 2019. MARKETINGMIXASA SOURCEOFINCREASINGTHE EFFICIENCY OF MARKETING ACTIVITY. InСОВРЕМЕННЫЕ ПРОБЛЕМЫ НАУЧНОЙДЕЯТЕЛЬНОСТИ.ПЕРСПЕКТИВЫВНЕДРЕНИЯ ИННОВАЦИОННЫХ РЕШЕНИЙ(pp. 66-68). Shimpi, S.S., 2018. Social media as an effective marketing tool: An empirical study.Indian Journal of Marketing,48(7), pp.36-50. Yuruk-Kayapinar, P., 2020. Basic Marketing Strategies and Marketing Mix in Small-Scale SportsEvents.InPrinciplesandPracticesofSmall-ScaleSportEvent Management(pp. 147-173). IGI Global. 10