This paper presents an e-marketing plan for Sukin Company, a beauty and cosmetic product brand in Australia. The plan aims to promote organic beauty products and improve the company's e-marketing strategies. The paper includes a situation analysis, environmental analysis, SWOT analysis, and an e-marketing strategic plan.
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RUNNING HEAD:E-MARKETING PLAN FOR SUKIN COMPANY E-Marketing plan for Sukin Company Name of the Student: Name of the University: Author note:
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1E-MARKETING PLAN FOR SUKIN COMPANY Executive summary: Sukin is a beauty and cosmetic product brand of Australia. The increasing demand for organic beauty products influences this company to promote natural beauty product. This paper will set a plan for the Sukin Company to improve E-Marketing. To develop the plan situation analysis will be done in this paper, and based on the result of situation analysis, a policy will be prepared. The e-marketing plan will help the company to promote organic beauty products and enhance its business.
2E-MARKETING PLAN FOR SUKIN COMPANY Table of Contents INTRODUCTION:....................................................................................................................3 SITUATIONAL ANALYSIS:...................................................................................................4 ENVIRONMENTAL ANALYSIS:.......................................................................................4 SWOT ANALYSIS:...............................................................................................................6 E-MARKETING STRATEGIC PLAN:....................................................................................7 SEGMRNTING AND TARGETING:...................................................................................7 DIFFERENTIATION:...........................................................................................................9 POSITIONING:...................................................................................................................10 E-MARKETING OBJECTIVES.............................................................................................10 E-MARKETING STRATEGY:...............................................................................................10 PRODUCT STRATEGY:....................................................................................................10 PRICING STRATEGY:.......................................................................................................11 DISTRIBUTION STRATEGY:...........................................................................................11 PROMOTION STRATEGY:...............................................................................................12 IMPLEMENTATION PLAN:.................................................................................................13 EVALUATION AND BUDGET:............................................................................................16
3E-MARKETING PLAN FOR SUKIN COMPANY INTRODUCTION: One of the recognized skincare brands in Australia is Sukin organic. In 2007, after finding a gap in the market for high-efficacy environmentally sustainable and economical natural skincare, the founder and CEO Simon O’Conner and Allison Goodger initiated this skincare brand in Melbourne, Australia. Since then, people from all around this world not only trust but also love this skincare brand. Sukin delivers natural shampoo, handmade soap, cosmetics, face wash, face mist, body wash, face oil, and more.Sukin sells its products around the world through the official website of this brand with an E-Commerce platform. The beauty and cosmetic industry in Australia are increasing continuously. Adapting Sukin’s footstep, several cosmetic brands started introducing their organic products, which created a competitive market. Same as the food industry, the beauty, and cosmetic industry is less affected by the economy because people, living a hectic life, choose beauty as a necessity. Since the last decade, the beauty industry has been changing continuously because of the improvement in communication and technology. Both new and existing customers can communicate with the brand through a website, which is accessible 24/7. A successful website is essential to enhance the product sale. The expansion of mobile application and the continuously increasing popularity of social media is helping to improve the e-marketing and online purchases of goods and services. Following this technological change, this company has to keep developing and improving the strategies and e-marketing objectives. Aim of the report is to develop an e-marketing plan for this company. The project will be delivered on the Australian market and a situation analysis which comprises and environmental study and SWOT analysis of the brand.
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4E-MARKETING PLAN FOR SUKIN COMPANY SITUATIONAL ANALYSIS: ENVIRONMENTAL ANALYSIS: According to the legal environment, government agencies such as TGA, NICNAS, and ACCC are trying to ensure business delivering cosmetic products adhere to Australian competition, decent trading, and customer protection laws. The list of ingredients must obey the Trade Practices (necessary customer product information) (cosmetics) Regulations 1991. There are several illegal fabricated sellers, who sell fraudulent product online to customers. To take strict actions against these illicit sellers, the Government of Australia has enforced cosmetic regulation. For Sukin, this is an opportunity. As the products of this company are certified with all the government agencies, the sale of this company will not be affected by the fraudulent products. As for the technological environment, the international beauty e-commerce market has been flourishing continuously, where consumers spent $6.5 billion on online beauty products. In the year 2020, the beauty and cosmetics market is estimated to accomplish $532 billioninternationally.According tothe reportof Statista,YouTube affected64% of consumers of this industry to purchase by adding them to imagine how the beauty and cosmetic products work. To enhance brand awareness, cosmetic brands are designing creative content and promote SEO. Cosmetic brands are using Instagram to communicate with consumers with innovative ideas so that customers can buy products from this platform. Therefore Sukin can take advantage of online E-Commerce as an opportunity. To attract followers and highlight its products, Sukin has to promote its website and social media correctly. Concerning the social environment, organic beauty products from lesser-known brandsareevolvingasmainstreamproductsbecausewomenpreferorganicproducts.
5E-MARKETING PLAN FOR SUKIN COMPANY According to the Harris poll survey, 75% of women over 18 years consider that buying organic beauty products are crucial as they favor natural and cleaner beauty products. With the increasing demand for green products, the ingredients are essential for the product. Before purchasing a green product, about 65% of women over 18 years recheck the element to confirm that there are no harmful ingredients. Sukin uses 98.8 % natural ingredients such as botanical plants, vegetables, and fruits to manufacture their environment-friendly products. So it can be said that the social environment is an opportunity for Sukin. By participating with the Rip Aid Program of Greening Australia, Sukin helps the community. In the future, Low quality of water is the most significant local threat of our reef due to climate change. Reef Aid has two visions, which are upgrading the water quality more than 80% of Great Barrier Reef and by 2030 restore 3000 hectares of rivers and wetlands. Through the remediation and revegetation of grass species, this company is helping for reforestation of 13.5 of Ireland gullies. Concerning the market-related factor, cosmetics and beauty product sales have been rising, and between 2015 and 2020, the estimated growth is from 3.5 to 4 %. The beauty and cosmetic products are expected to achieve USD 500 billion by 2020. With the growth of 7%, Australian domestic manufacturers exported cosmetic products worth USD 6.5 billion. As a result of this, local skincare companies are interested in launching their products instead of being the distributor of foreign skincare products. After analyzing the situation as an opportunity, Sukin expanded its business in Australia. As for the competitive environment, there are several renowned cosmetic brands such as the body Shop Kora organics. These companies produce green products, and these companies are well known around the world. Sava skin and A'KIN', local brands of Australia, are increasing the competition for Sukin. The growing competitive market can be a threat to Sukin.
6E-MARKETING PLAN FOR SUKIN COMPANY SWOT ANALYSIS: STRENGTHWEAKNESSOPPORTUNITYTHREATS 1.Have a protracted vary of merchandise that embrace Natural Shampoo, Natural Body Wash, Organic Balm, Natural Face Wash, Organic Face Oil, Organic Face Mist, NaturalhandmadeSoap, and Organic Cosmetic. In distinction to the significant brand within the market, Sukin’s advertising is not appealing enough, and they lack advertisements As a lot of and more folks prefer healthy and natural merchandise for his or her skin, there is a possible marketplace for the long turn. Besides people conjointly prefer eco- friendly product during this trendy time and Sukin uses the native plant to supply its product. They have excessive competition with major players such as The Body Shop and KORA Organics, within the market. 2,Sukin conjointly offers back to the community by collaborating withGreening Australia on their Reef Aid Program. Sukin is additionally tributary to the reforestation of 13.5 hectares of island gullies through the remediation and revegetation of native grass species. Their product might not be reasonable to the lower class because it is high value considering a bottle of shampoo concerning 500 ml prices around $15- 20AUD. Growth of E-commerce facilitates additional beauty merchandise to be purchased through the website and social media
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7E-MARKETING PLAN FOR SUKIN COMPANY 3.They have smart client reviews on their Facebook page updated and replies to customers comments, ensuing a 4.6/5 rating on Facebook. Expansion of Sukin’s website is not sufficient. The site is not convenient and aesthetically attractive. The personal care and beauty product sales of Australia are on the increase and are calculated to register growth from 3.5 to 4.5% between 2015 and 2020. It’s predicted to achieve USD 500 billion by 2020. 4.Their products are manufactured from natural and organic elements using traditional formulas with herbals, fruits, and vegetables. Brand awareness of Sukin is reduced because of a few people aware of the brand. The Australian government is modifying the rules and regulation for a fabricated cosmetic product, and this will protect the outcome of Sukin, and sales of this brand will not be affected. E-MARKETING STRATEGIC PLAN: SEGMRNTING AND TARGETING: Since the internet allows people from all across the continent of Australia to access in marketing the company has targeted the entire continent Australia to obtain E-marketing the company has targeted the whole continent and not just any geographic segmentation. Again it is due to this very facility that the company can also sell their products to the customers outside Australia, by merely shipping the desired outcomes. An individual is a target at the market according to the demographic segmentation. Regardless of gender and ethnicity
8E-MARKETING PLAN FOR SUKIN COMPANY people from the upper-middle class invest an amount ranging between $8.95 to $17.98 for a 250 ml beauty product.Two generations of customers are the main focus of the Sukin Company. The first generation is, generation X, people born between the years 1963 to 1980, while the second generation includes people born between 1981 to 1994, called millennial. The reason that Sukin has laid importance on generation X is that people of this age group were the first ones who were introduced to computers and thus can access devices such as smartphones, tables, emails, laptop and pcs with ease. Millennial, on the other hand, are the ones who can not only use the internet with efficiency but also invest an ample amount of time in the same. This generation also prefers communication via the internet than any other mode. Psychographic segmentation, of this E-marketing plan, is to select decision-makers of a family or group of friends or any other individual, despite their gender, age or ethnicity. These targeted audiences are classified in the VALS framework as “innovators,” “thinker,” “experiencers,” “achiever” and so on. Customers who fall under the category of “innovators” are the ones who spend the maximum amount of time on the internet. Due to their innovative nature they are more accepting of newer ideas and at the same time, more new products. Sukin can develop a good market in Australia. Since the product by the Sukin Company is new, once an advertisement is launched online, it will quickly come under the view of the “innovators,” and there lies a tremendous amount of probability that, they will purchase the product too. The next group of customers, who are labeled “thinkers,” consists of learned people, who use the internet to find valuable information. These customers choose products based on their functionality. Thus, this group too may put money into Sukin products, as they are beneficial for skin. Then comes the “experiencers”; these people always look forward to some new kind of experience. Again, they are also the ones who use the internet to entertain themselves,maintainalifestyleandsocialize.Theskin-friendlynatureandsoothing
9E-MARKETING PLAN FOR SUKIN COMPANY fragrance of the Sukin products might act as the key attraction point, hence assuring that this group to get hold of the beauty products. The last group of customers is “achievers.” People who belong to this group always intend to inflate their productivity. By doing so, they try to maintain a picture-perfect live on social media. However, to represent the ideal lifestyle on social media, these people look forward to best quality products. As Sukin products are designed for people of the upper-middle class, “achievers” may spend on the products to present to their peers a successful life. The customers can trust Sukin products at hand as these products promise to cause no harm when applied to the skin. This nature of the product is included for those customers who fall under the behavioral segmentation. The elements used to make the Sukin products are mainly natural. These elements not only cleanse the user’s body but also provides it with proper amount of nourishment. Again, a customer can get hold of these products from anywhere across the world, as they are all available online. Customers thus are freed from the pain of looking for the product from one store to the other. The behavioral segment also includes purchasers who are new and would return to the product once satisfied. Again, this segment accommodates those who are regular in using bath products, as the Sukin products need to be used following a routine. DIFFERENTIATION: A differentiation needs to be created by the Sukin Company to be unique. For doing so, they need to have an ideal service and atmosphere. With the help of social media the company can build a secure communication with their customers and use this to enhance their E-marketing. Exclusivity can only be achieved when Sukin makes sure that their customers can easily find products, place orders and receive those on time, without any hassle. The website, too, should be well-designed, with all the necessary information and easily navigable keys. High quality pictures, if made part of the site, will help to allure customers. All the
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10E-MARKETING PLAN FOR SUKIN COMPANY above mentioned points will help in increasing the customer's trust in the company, heighten its recognition and make it different from the other beauty product companies in Australia. POSITIONING: Local plants are used to make the Sukin products, thus creating in 100% natural and vegan. The products also give out a tropical aroma. Customers are bound to have an alleviated feeling and will be able to avoid any form of irritation when they use these products. To ensure that the company can deliver an excellent service to its customers, a reliable e-commerce platform should be set up, that allows the secure purchase of products, fast delivery and quick response in case of any inquiry from the customer’s end. E-MARKETING OBJECTIVES All the above points regarding the E-marketing plan are to be executed within the years, 2019-2021. The goals are: There should at least be a 20% hike in the number of visitors on the website. This can be done by enhancing the website's features and using various promotional plans. The advertisement might be sent out through Google AdWords. A 15% growth should take place in inquiries. Try to gain a 6:1 ratio in customer satisfaction through feedback sharing procedures. Multiple online sales, as they make up for almost 20% of the total business revenue. E-MARKETING STRATEGY: PRODUCT STRATEGY: The main goal of this E-marketing scheme is to amplify the already existing products. For doing so, the ongoing website of the company needs to be fashioned in such a manner that it will ensure a smooth transaction of products to the customers. A problem easily
11E-MARKETING PLAN FOR SUKIN COMPANY recognizable in the website is that the “add to cart” option is not available at once. Only when a specific product clicked upon, the “add to cart” option is provided. Changes should be made in the display page. Products should be arranged in categories and must not pop up all at once. With all the products packed in a single screen, uncertainty is undoubtedly to creep in, thus, making the customer frustrated. Again, quality assurance should be the top priority for the company at this hour. Along with these considerations, steps should be taken to solve any query on the customer’s part in real time. Options like online “Chatbot” or a “request a call-back,” should be made available on the new website. With such facilities, Sukin can distinguish themselves from the other companies dealing with a similar range of products. PRICING STRATEGY: Sukin is known for practicing penetration pricing method. As per this scheme, the company tries to sell its products at a much lower price compared to its competitors. As a result of this scheme, there is an increased awareness among the consumers, and lower costs can draw more focus. Also, this will allow the company to spread itself better in the dominant market, multiple sales, and gain profits. The process of promotional pricing can also yield better outcomes as it has a psychological effect on the buyers. Buying a product at a discounted price provides the customer with mental satisfaction. Offers like buy two get one free or shop above $49.99 to enjoy a discount of 5%, should be displayed on the website to entice people. DISTRIBUTION STRATEGY: To enjoy a higher rate of profit, the Sukin Company should practice only direct sale to the customers. With the help of this practice, the company will be able to cut down on in- between costs. The customers will get the products at a lower price. In a B2C type of market, this strategy is beneficial, as the goods are delivered at a rapid pace. The website should thus
12E-MARKETING PLAN FOR SUKIN COMPANY ensure secure communication as that will help to operate the business smoothly. The customer should be updated about every detail of the process once the monetary transaction is done. A confirmation email containing the product of the price and the expected date of delivery should be sent to the buyer. The company must make sure that the buyer receives the ordered item within the mentioned date. Free delivery facilities might act as a bonus to attract more audience. PROMOTION STRATEGY: Social media sites such as Facebook and Instagram should be used wisely to proper ripe benefits. These sites also charge a minimal amount for promotion. Thus, they can prove to be overly helpful to reach the target buyers. Interested buyers with query can post their questions, leave a review or a comment on the company’s official Facebook and Instagram pages. Through such posts the company will get to know its customers better. With the increase in the number of followers the company’s credibility will take a hike. Instagram with its one billion active users is one of the best sites to promote business and reach a massive number of people at once. Also, the engagement rate of Instagram is much higher than any other site. It is the company’s responsibility to keep updating their page as it will help to strengthen its brand. Company’s website can be used as a platform to increase sales. Attractive discounts for registered customers can be a way to encourage them to make a purchase. Assured gifts with each purchase made, might make the customer feel valued. The company can both promote and gain more audience by making their buyers share the brand with friends and family. In exchange, the customer will be rewarded with a code. When a friend of theirs creates a free account and submits the code, both the parties will be given some gifts. This method with fill the buyers with excitement and also assure at least one purchase. Again, personalized e-mails to people can be an easy way to gain mass popularity. This, however,
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13E-MARKETING PLAN FOR SUKIN COMPANY can only be done when people enter their email ids in the official website of the company. By keeping track of the frequently searched products and items added in the wish list, an analysis should be done, and customers should be notified when their desired item is in stock or at the sale. Along with the above mentioned methods, Google AdWords can be other useful platforms. Once the company creates their account with Google AdWords, they can make themselves visible at the top of the search engine or at those times when people look for similar products, with relevant keywords. The bonus that comes with advertising on Google AdWords is that the company can manage its expenses on promotional events and hence cut down on significant expenditure. IMPLEMENTATION PLAN:
14E-MARKETING PLAN FOR SUKIN COMPANY
15E-MARKETING PLAN FOR SUKIN COMPANY StrategyDescriptionResponsibilitySchedule ProductS1Perfect, attractive, and reconstructing model of Sukin to attract more visitors *Finance: Source fund. *IT: Evaluate website and its design. *Marketing department: Must deliver well-prepared content for the site. Start: October 2019 Launch: Jan 2020 S2Affirmation of the highest quality product *Finance: Source fund *Marketing: Through communication and advertisement,inform the customer that products from Sukin are best and 100% harmless. Start: October 2019 Launch: Jan 2020 S3Online 24/7 chat solution system *Finance: source fund *IT: Perform together with the developer. *HR: According to the shift structure, allocate employees, who will be liable for an online chatbot. Start: October 2019 Launch: Jan 2020 Continuous process (2019-2021) PriceS1Implying penetration marketing as a strategy *Marketing: After comparing with the competitors setting the lower price. *Accounting department: Must confirm that the priced set will make a profit. *IT: Fulfil the responsibility to provide the correct prices on the website. Start: October 2019 Launch: Jan 2020 Continuous process (2019-2021) S2Exercising Promotional Pricing as a strategy Start and end dates depends solely on the availability and the end goals DistributionS1Exercise direct distribution model *IT: Maintain the webpage so that it functions properly. *Staff: Handle booking transaction & resolve online queries Start: Oct 2019 Ongoing process (2019-2021) PromotionS1Take advantage of social media such as *Marketing: Maintain social media accounts such as Facebook, Twitter, & Start: October 2019 Launch: Jan 2020
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16E-MARKETING PLAN FOR SUKIN COMPANY As the ways in the above table, to succeed in Sukin’s E-Marketing objectives and goal, it is shown that this brand must focus on the improvement and enhancement of their websitebecauseitisthecentralplatformwheretheonlinetransactionshappen. Consequently, to urge all the tasks done effectively, every department must work carefully along before the deadlines of the preparation, which will be in January 2020. EVALUATION AND BUDGET: StrategyDetailsBenchmark to Evaluate the Plan at the End of Second Year Budget ProductS1Perfect, attractive, and reconstructing model of Sukin to attract more The increased number of visitors on the website: Bellow 10 – Poor performance Between10-19% - Moderate performance Higher than 20% - Excellent performance Business through the website should make up 20% Website Development for $50,000 once off and to maintain the
17E-MARKETING PLAN FOR SUKIN COMPANY visitorsof the total business.website for $5000 per month S2Affirmation of the highest quality product Through communication and advertisement,inform the customer that products from Sukin are best and 100% harmless. This step helps the company to increase sale to 15%. S3Online 24/7 chat solution system .Online customer inquiries increased by 15%. Within 30 seconds, through the chatbot, customers get their answers. Among those customers, 50% of customers, who get a satisfying answer, purchase the products. PriceS1Implying penetration marketing as a strategy At the promotion time period, earning from Online ordering and Sales enhance: <20% - Poor performance 20% - Moderate performance >20% - Outstanding performance None S2Exercising Promotional Pricing as a strategy Distributi on S1Practice direct distribution model After the online transaction procedure is completed, Sukin has to send the receipt to the account, email, and mobile number of the customer immediately. The item should be delivered to the customer at the promised time. An 8:1 (positive: negative) sentiment through feedback must be reached None PromotioS1Take advantageAt the end of the second year, the Facebook page ofNone
18E-MARKETING PLAN FOR SUKIN COMPANY nof social media such as Facebook, Twitter, and Instagram this company should complete at least 100,000 likes. Instagram page of Sukin should accomplish at least 120,000 followers at the end of the second year, and every photo posted should have a standard 10,000 likes. These two social media platforms should commit 30% of the total web visitors. S2Develop the Google AdWords campaign Each campaign developed through AdWords should achieve 10,000 clicks in every month. After this campaign, 20% web visitor increased. $20,000/each month S3Sales PromotionIn every month, 50 new members will register their email account and email every month. 5% of them made a purchase. None S4For a referral to other people apply customer incentive procedure Each customer will get reward points for referring some other person to the website. The reward points will help the customer to reclaim discounts. $5000/each month for maintenance