Impact of Digital Technologies on Online Marketing: A Case Study of Asos
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Added on 2023/06/10
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This report analyzes the impact of digital technologies on online marketing using Asos as a case study. It discusses the pros and cons of online marketing, provides recommendations for improvement, and concludes with references to relevant literature.
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Contents INTRODUCTION...........................................................................................................................1 MAIN BODY..................................................................................................................................1 Organisation Overview................................................................................................................1 Pros of the online marketing........................................................................................................3 Cons of Online marketing............................................................................................................3 Recommendations........................................................................................................................3 CONCLUSION................................................................................................................................4 REFERENCES................................................................................................................................5
INTRODUCTION Digital technologies are the electronic tools which is used by the organisation to make the business more effective and capture a huge market share with the new changing trends(Liu, and et.al 2022). These technological implementations could help the organisation to make the employee more productive. It also help to achieve the inherent goals and objectives in the market. Asos is a British online retailer which provides fashion and cosmetic products to the consumers. In this report there will be brief discussion about how social media and the statistics measured by the qualitative and quantitative methods. Along with that, there will be brief evaluation of the findings which can help the company to emerge and become more innovative to generate more revenues in the market. For further instance, this report will analyse various factors which stops the growth of the organisation. MAIN BODY Organisation Overview. Asos is a British multinational corporation which offers fashion and cosmetics products to the consumers. It was founded in 2000 in London the main aim is to primarily attract the young customers(Martínez-Caro,Cegarra-Navarro, and Alfonso-Ruiz, 2020). Due to their ethical practices the organisation is growing at an significant rate in the market. Most of their business is practically conducting on the online applications and websites. The structure of the company is agile which helps them to dominate the current market situation. The organisation sells over 850 brand products on their websites. They are giving tough competitionto other brands in the retail industry. They are regulating their business operations in more than 196 countries. The organisation has seen an exponential growth in the market. Asos Innovates a tagline buy what you see on films and TV to attract various customers in the market. This is the aspect through which the the organisation has managed to achieve the inherent goals and objectives in an systematic manner. The management is innovating new ideas and methods to capture a huge share. To attract different customers they are using social media platforms and provide contracts to social media influencers to promote the products. Digital technologies are the electronic tools which is used by the organisation to become more profitable in the market. The organisation use digital marketing to capitalise on various new opportunities. With the help of websites they carry out the necessary operations workplace. 1
Digital marketing also helps the organisation to introduce various products with the effective brand campaigns. Digital tools can improve the working structure of the workplace. The management could become more productive in terms of achieving the goals and objectives in the current market. Through this they generate revenues and attain maximum customer satisfaction in the market. Asos is using different digital marketing strategies to grow their business in an effective manner. Various digital factors are described below: The organisation use the websites to grow their business at an efficient rate. The main vision is to prove the quality products to the consumers in the market. The management is improving by implementing different strategies and models in order to to become more profitable in the market(Barnewold, and Lottermoser, 2020). Asos provides benefits to the customers while purchasing the products online. This gives the organisation a competitive enhancement in the market. They attract different customers with the proper use of technology in an effective way. The management experience also plays a vital role in managing the operations in the company. Asos use various social media platforms to improve the brand integrity and target different customers in the market. The main focus is to acquire a huge share in the market. There are various new implementation which could make the organisation to carry out the operations smoothly in the market. The management update about new products which is about to launched on the websites. Through this the organisation maintains a sustainable performance in the market. On the other hand, social media platforms improve the brand reputation(Neves, and Vetere, 2019). Making quality products also help the organisation to provide maximum customer satisfaction in the market. They have created a positive impact in the market from the customer perspective. The organisation has segmented their audience in the right manner which help them to get a huge share in the market. To influence the younger generation with their products the organisation employs a two pronged social marketing strategy. They promote their products with different social media influencers. This helps them to create a better engagement and attract large audience in the market. Due to their significant different companies are changing their way of operations in the workplace. 2
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Pros of the online marketing There are various pros of using the online marketing in today world depending upon the newmarkettrends. Themainfocusof the organisationisbecomebetterwith the new technology.The advantages of online marketing are described below: Organisation can sell their products in an better way –With the help of effective online marketing the organisation could generate more revenues in the market. Right promotion of products on social media platforms can help the company to attract different customers in the market(Usai,and et.al 2021). With the help of innovative campaigns the organisation indulge different segmented audience from the industry. Provides better growth opportunities– The organisation could grow better with improvement of the technology in different key areas. Right campaigning could help the organisation to generate more revenues in the market. Asos is already using the websites to promote the products and attracts a large number of audience through their campaigns. Cons of Online marketing There are various disadvantages of online marketing which are described below: Dependency on the technology –Most of the organisation in today's world are dependentonthetechnology.Thisisthemaindisadvantagewhichmostofthe organisationisfacinginthemarket.Therearedifferenterrorsfromwhichthe organisation could face the consequences in various situations. Security and privacy issues– It is the most common factor which the consumer seeks fromdifferentbrands.Whileusingthewebsitesthecustomerneedsprivacythe organisation has to make their websites according to the customer demands. Asos is already safeguarding their websites to provide a proper use of the technology in the market. This help the organisation to attain maximum customer satisfaction in the market. Recommendations There are various improvements which the organisation can use in order to improve their business operations(Rippa, and Secundo, 2019). With the help of these recommendations the organisation can achieve the inherent goals and objectives in an systematic manner. Technologicalenhancements–Theorganisationcanimprovewiththehelpof technology different methods could be used to innovate new ideas. Asos could improve their websites in order to provide the best user experience to the customers in the market. 3
The management has to become innovate in creating out different campaigns which could attract the customers. The company needs to engage the customers with the newer products. Making the websites more stable– The websites of the organisation could be improved in order provide an engaging customer experience in the market. Asos is using different technological tools to make improve their services. The research and development department of the organisation could create different innovate ideas to generate more revenues in the market. Focus on improving the best customer experience– The organisation needs to deliver the best products to attain a maximum customer satisfaction in the market. Asos needs to improve the service experience in order to attract different customers. The management could asses various critical points which help them to emerge in the market in an effective manner(Uçar, Le Dain, and Joly, 2020). Giving best experience to the customers also improves the brand reputation and their authenticity in an effective way. Authenticity in the products– With the help of old traditions and methods the organisation could attract different customers in the market. Asos is making the products accordingtothemarkettrends.Theorganisationcouldmakedifferenttraditional products to attract different customers in the market. They are also viable to the authenticity of their services. CONCLUSION From the above report it has concluded that the organisation needs to implement new technological improvements to become more stable in the market. On the other hand, in this report there will be brief discussion aboutthere is discussion about the organisation current service provision. Along with that, thereare various recommendation which the organisation could use to make the business operations more effective. The main objective is to achieve the goals and objectives in an systematic manner. For further instance, there will be evaluation about the advantages and disadvantages of digital marketing. 4
REFERENCES Books and Journals: Liu, and et.al 2022. A framework of digital technologies for the circular economy: Digital functions and mechanisms.Business Strategy and the Environment. Martínez-Caro, E., Cegarra-Navarro, J.G. and Alfonso-Ruiz, F.J., 2020. Digital technologies and firm performance: The role of digital organisational culture.Technological Forecasting and Social Change,154, p.119962. Barnewold, L. and Lottermoser, B.G., 2020. Identification of digital technologies and digitalisation trends in the mining industry.International Journal of Mining Science and Technology,30(6), pp.747-757. Usai,and et.al 2021. Unveiling the impact of the adoption of digital technologies on firms’ innovation performance.Journal of Business Research,133, pp.327-336. Rippa, P. and Secundo, G., 2019. Digital academic entrepreneurship: The potential of digital technologies on academic entrepreneurship.Technological Forecasting and Social Change,146, pp.900-911. Uçar, E., Le Dain, M.A. and Joly, I., 2020. Digital technologies in circular economy transition: evidence from case studies.Procedia cirp,90, pp.133-136. Neves, B.B. and Vetere, F., 2019. Ageing and emerging digital technologies. InAgeing and Digital Technology(pp. 1-14). Springer, Singapore. 5