Digital Marketing Strategy and Implementation for NoldeArt Art and Office Supplies
Verified
Added on 2023/06/09
|12
|1600
|159
AI Summary
This project defines a digital marketing plan for NoldeArt Art and Office Supplies to establish a competitive edge against its competitors. The plan includes SEO, social media, mobile marketing, and content marketing strategies.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
DIGITAL MARKETING STRATEGY AND IMPLEMENTATION PROJECT A case Study of NoldeArt Art and Office Supplies
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Introduction This project seeks to define a digital marketing plan aimed at establishing a case for more engagement and investment in digital marketing and to change the structures and processes for executing digital marketing It will give an integrated approach where digital marketing is considered as part of NoldeArt’s marketing strategy NoldeArt is a newly formed art and office supply company based in Beach, Canada and the following table sets out its products and prospective customers: Our company was formed on July 2018 and currently has three employees at its single outlet. We intend to deliver quality art and office supply products at affordable prices to all our customers. Nonetheless, Our company enters in to a competitive marked already dominated by other art and office supply sellers such as Upper Canada Stretches, Alberta Art & Drafting Supplies, Waxworks Encaustic Supplies, and MatShop.ca. However, this proposed marketing aims to create an effective online presence for the company as a competitive edge against the competitors. CustomerProduct Offered Interior designersFine art materials, craft kits, décor accessories Start-up businessesStationary, office supplies Established businessesstationary, office supplies Event planners and managersFun and seasonal products, Halloween decors, craft kits, innovative gifts, and greeting cards
Situation Analysis This section will take a look at NoldeArt’s competitors, customers, and the economic environment in which the company operates It will also identify the key issues affecting our company’s growth potentiality
Customers & Competitors The key Customers for NoldeArt include: i.Interior Designers ii.Start-up businesses iii.Established businesses iv.Event planners and managers The key competitors for NoldeArt include: v.Upper Canada Stretches vi.Alberta Art & Drafting Supplies vii.Waxworks Encaustic Supplies viii.MatShop.ca Due to the logistical challenges and nature of our business, it would be unusual for a Canadian customer to order art and furniture supplies from foreign countries such as the UK Hence, NoldeArt majorly has to compete with other art and office suppliers within Canada who deliver cheaper products (e.g. Hardys and Colours Artist Supplies)
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Change & SWOT Analysis Reports by Statista (2018) indicate that there has been an upward trend in the consumption of furniture and arts-related products in Canada for the past four consecutive years from the year 2012. Also, the consumption of furniture and furnishing supplies in Canada increased by 4.7% from $ 4.28 billion in 2014 to $ 4.49 billion in the last quarter of 2015 (Statista,2018). With the growth experienced in 2014 and 2015, it is expected that there is an expanding market that NoldeArt can benefit from. SWOT Analysis Strengths No major negative legacy for consumers Positive working relationship with its suppliers so far Weaknesses Our company currently has only three outlets in Canada company’s digital presence is only prominent in its website Not yet fully explored the option of content marketing
SWOT Analysis Continued Opportunities There is still an opportunity of becoming among the best online art and office supply destinations It is possible for NoldeArt to take advantage of the increasing trend of furniture and furnishing consumption in Canada. Threats Our company is facing threats from global retailers such as Amazon who are entering the Canadian online furniture and furnishing market NoldeArt is likely to face is the viruses and system failures inherent in digital marketing. Key Issues Facing NoldeArt There seems to be lack of awareness about the products among consumers NoldeArt is losing a lot by failing to target customers looking for high-quality arts and office furniture at a discounted price, creating a need for an effective search engine optimization (SEO) strategy. Our company heavily relies on previous customers, word of mouth and affiliates as its main media channels. However, according to Smith (2012), a major disadvantage of these channels is that it is difficult to increase previous customer spending and positive word of mouth.
Strategy Objectives Increase website visits from 360,000 to 450,000 per year through search engine marketing Increase acquisition objective twitter followers from 1,500 followers to 2,500 followers Increase the buying rate of previous customers to a minimum of 550 per year by developing social media marketing, mobile marketing, and content marketing.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Search Engine Optimization (SEO) The proposed key targets for NoldeArt’s SEO include: i.Increasing site traffic from search engines ii.Enhancing search term traffic share iii.Enhance search engine ranking for search terms appearing on displayed ad This is to be achieved by: Optimizing genericsearch terms like “discount name office supplies” as currently optimized by other office supplies firms such as funiturebuzz.com. Optimizing landing pages to enable them appear within the first three pages of search results. Linking NoldeArt with small or big art supply brands such as Opus Art Supplies or Deserres respectively upon good relationship with other art and supplies brands within Canada to promote its links on their site.
Social Media Strategy The following objectives are expected to be achieved: i.Increase twitter followers ii.Enable online reviews and ratings Resources must be dedicated to ensuring that there are at least two tweets daily from NoldeArt The employee responsible for the tweets should be available and ready to answer any questions asked by customers on Twitter Gaining a good reputation from reviews and ratings is an easy way of enhancing customer interaction with the brand In this regard, Patrutiu-Baltes (2016) argue that most customers depend on reviews and ratings to make online purchase decisions and that most customers trust brands that show customer reviews Hence, online reviews and ratings on the website could really give NoldeArt an edge against its competitors
Mobile Marketing There is an increasing rate of companies using mobile marketing to build sales, build and retain customer loyalty, and to attract new consumers (Maw-Liann, Wan- Ju, Wen-Yuan, & Sheng-Liang, 2015) Against this backdrop, NoldeArt’s mobile marketing strategy aims to achieve the following objective: to create a made-for-mobile site While most art and office supply firms only have websites viewable on PCs, few have websites specifically created for viewing through mobile phones Hence, NoldeArt can take this advantage to gain an edge over its competitors because as Bakhtieva (2017) puts it, most customers use their mobile phones to surf the internet. NoldeArt is missing out on a large market that could potentially make several purchases In response, the strategy aims to design a simple website that allows for navigation and viewing on a smaller screen. The goal is to provide more direct information to consumers who might want to be informed on the go.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Content Marketing To gain an effective online process, NoldeArt needs to match its content (entertainment, inspiration or information) to its customer needs during various stages of the consumer buying process. Hence, the strategy aims to: i.Generate various content ideas to be delivered through video content uploaded in online video channels such as YouTube. ii.Express brand essence in every tweet through the company’s twitter handle To achieve these objectives, a series of video contents describing the company’s products will be uploaded online and the video contents will end will the tagline: “Your creative outlet” This tagline will also be included in all the tweets made through the company’s Twitter handle and print media advertisements.
References Statista (2018). Monthly sales of stationery, office supplies, cards, gift wrap and party supplies at large retailers in Canada from 2014 to 2016. Retrieved from:https ://www.statista.com/statistics/474635/monthly-sales-of-stationery-office- and-party-supplies-at-large-retailers-canada/ [Accessed on 2ndAugust 2018] Smith, K. T. (2011). Digital marketing strategies that Millennials find appealing, motivating, or just annoying.Journal Of Strategic Marketing,19(6), 489-499. doi:10.1080/0965254X.2011.581383 PATRUTIU-BALTES, L. (2016). Inbound Marketing - the most important digital marketing strategyBulletin Of The Transilvania University Of Brasov. Series V: Economic Sciences,9(2), 61-68. Maw-Liann, S., Wan-Ju, C., Wen-Yuan, C., & Sheng-Liang, W. (2015). Key success Factors in digitalmarketing in service industry and the development strategies: a case study on fleur de chine at sun moon lake.International Journal Of Organizational Innovation,8(1), 172-185. Bakhtieva, E. (2017). B2B digital marketing strategy: a framework for assessing digital touchpoints and increasing customer loyalty based on Austrian companies from heating, ventilation and air conditioning industry.Oeconomia Copernicana,8(3), 463-478. doi:10.24136/oc.v8i3.29