Practical Skills Assessment Portfolio on Contemporary Issues in Marketing
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This portfolio focuses on the development of a marketing campaign for Marks and Spencer, covering objectives, measurement of success, campaign plan, and communication strategies on social media platforms. It also includes a reflection on the campaign and its effectiveness.
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Table of Contents INTRODUCTION..........................................................................................................................3 TASK..............................................................................................................................................4 Campaign objectives...................................................................................................................4 Measurement of success..............................................................................................................4 Campaign plan............................................................................................................................4 Communication 1: Facebook......................................................................................................4 Communication 2: Instagram......................................................................................................4 Communication 3: Twitter..........................................................................................................4 Communication 4: YouTube.......................................................................................................4 Communication 5: Website.........................................................................................................4 Reflection on Campaign..............................................................................................................4 CONCLUSION...............................................................................................................................5 REFERENCES................................................................................................................................6
INTRODUCTION The marketing management is considered as key approach which helps the business entity to increase sales figures and increase the overall potential(Alvarez-Milán, Felix, and Hinsch, 2018).The companies should focus on marketing management and its development in order to increase the revenue and profitability. In order to lead the marketplace within a set period of time, it is essential for the business entity to develop effective marketing operations. In this project example of Marks and Spencer company is taken into consideration forbetter understanding digital marketing and its dimensions. The Marks and Spencer is a multinational British retail company which was established in the year 1884. This project will include focus on development of a marketing campaign in order to communicate with key customers. This project will cover reflection on campaign in order to develop precise learning and development.
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TASK Campaign objectives It is essential for the Marks and Spencer company to develop focused campaign objectives in order to develop a successful campaign. The key objectives related to campaign will be formulated by marketing management in order to achieve key goals and objectives. The objectives of marketing campaign of Marks and Spencer are mentioned below: ï‚·To increase the sales figure by 25% till the end of year 2022. ï‚·To reach large number of customers all across the globe. ï‚·To develop campaign in major areas of Australia and big cities. ï‚·To take feedback of various customers in order to achieve effectiveness in major marketing related operations. Measurement of success The success will be measured by the company in order to analyse the results of the campaign(Chaffey, and Smith, 2017). In order to achieve success in marketing plan, it is major role of a business to measure success with the below mentioned points: ï‚·Success will be measured by taking into consideration marketing tools and techniques. ï‚·The feedback from customers about the campaign will help in measure success of the campaign. ï‚·In order to measure the success, business entity will also take essential suggestions from the employees(Setiawan, Irawan, and Zamzany, 2021). ï‚·Success will be measured by marketing management by looking at the sales figures, Campaign plan The campaign plan is essential to be formulated and developed by the business entity in order to achieve set targets. Planning related to campaign will be launched using social media websites in order to facilitate online selling(Czinkota, and Shams,2021). The Marks and Spencer company will plan with the help of higher authorities in order to plan strategically. The campaign plan will help the business entity to deliver focused practices in increasing the competitive strength of business.
Communication 1: Facebook Facebook is one of the most used social media website all across the globe. The Facebook social media platform can be used by Marks and Spence to promote majority of its products and services(Kotler, 2017).The company can develop advertisements in the form of videos and images in order to better approach. Marks and Spencer marketing department should hire web designing experts to promote its product on Facebook. Communication 2: Instagram The Instagram is one of the most emerging social media platform which is selected by a business in order to promote its key products. Marks and Spencer is using Instagram as the main social media platform to develop effectiveness in key advertisement based promotions(Kotler, Kartajaya, and Setiawan, 2021). The Instagram can be used to circulate major photos of the products of Marks and Spencer. Communication 3: Twitter In order to promote the products and services, it is necessary for the company to promote its products on Twitter. As Twitter is used by professional users, the advertisements will be effective in reaching large number of customers(Mogaji, 2021).The Twitter should be used as an effective medium to circulate advertisements and policies. Communication 4: YouTube The online videos are mostly available on You Tube and it is used by billions of users. According to the data collected by survey, You Tube is used monthly by 34 Billion users all across the globe(Parsons, Maclaran,and Chatzidakis, 2017).The business entity should focus on development of advertisements on You Tube in order to communicate with users worldwide. Communication 5: Website The Marks and Spencer company can develop its website to perform publicity and promotion of its products. It is major role of a business to increase website and its approach to deal with key consequences of business development(Rishi, and Bandyopadhyay, 2018).The website will include key trends of IT in order to formulate major business practices. Reflection on Campaign I consider that marketing campaign is the most effective way to promote a product in the marketplace. In my views, it is essential for me to gain professional knowledge related to
marketing. I will focus on analysing major factors which are associated with the marketing campaign in order to develop best practices(Scott, and Vallen, 2019).The campaign of Marks and Spencer went well as it received positive feedback from various customers. The campaign also went well as the response from target audience was very positive in nature. I consider that it is major role of a business to develop key advantage in campaign by the application of information and technology(Sethna,Fakoussa, and Evans, 2019).I know that the digital technology helped in supporting the campaign in a systematic manner. I also know that in order to increase the competitive approach, it is essential for a business to take assistance of strategic choices.
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CONCLUSION From the above stated report it can be concluded that digital marketing is the most efficient and effective ways of performing marketing functions and tasks. This project concludes that in order to increase the overall potential of a business, it is necessary to take into consideration development of strategic and planning frameworks. This project also concludes that marketing campaign is the most appropriate way of analysing key things related to business development.
REFERENCES Books and Journals Alvarez-Milán, A., Felix, R.and Hinsch, C., 2018. Strategic customer engagement marketing: A decision making framework.Journal of Business Research,92, pp.61-70. Chaffey, D. and Smith, P.R., 2017.Digital marketing excellence: planning, optimizing and integrating online marketing. Routledge. Czinkota, M.R., and Shams, S.R., 2021.Marketing Management: Past, Present and Future. Springer Nature. Kotler, P., 2017. Philip Kotler: some of my adventures in marketing.Journal of Historical Research in Marketing. Kotler, P., Kartajaya, H. and Setiawan, I., 2021.Marketing 5.0: Technology for humanity. John Wiley & Sons. Mogaji, E., 2021. Contemporary Issues in Brand Management. InBrand Management(pp. 241- 255). Palgrave Macmillan, Cham. Parsons, E., Maclaran, P. and Chatzidakis, A., 2017.Contemporary issues in marketing and consumer behaviour. Routledge. Rishi, B. and Bandyopadhyay, S. eds., 2018.Contemporary issues in social media marketing. Routledge. Scott, M.L. and Vallen, B., 2019. Expanding the lens of food well-being: An examination of contemporary marketing, policy, and practice with an eye on the future.Journal of Public Policy & Marketing,38(2), pp.127-135. Sethna,Z.,Fakoussa,R.andEvans,G.,2019.ContemporaryGlobalMarketing. InContemporary Issues in Marketing: Principles and Practice(pp. 32-73). Sage. Setiawan, E., Irawan, O., and Zamzany, F.R., 2021. THE UTILIZATION OF DIGITAL MARKETINGFORMICRO,SMALL,ANDMEDIUMENTERPRISES.Journalof Contemporary Issues in Business and Government Vol,27(2).