This report explains the concepts of marketing mix, digital marketing, and social media marketing. It explores the importance of digital and social media marketing in contemporary businesses and provides examples of effective social media content. The report also includes a case study on the AIDA model. This study material is relevant for BMP3006.
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BMP3006 Practical Digital Marketing Assessment 1 The role of digital marketing and social media marketing – theory and examples 1
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Contents Introduction3 Part 13-6 Explanation of marketing3 Anexplanationofwhatthemarketingmixisandwherethe communications mix fits3 An explanation digital marketing4 An explanation of social media marketing5 AnexplanationofwhyDigitalmarketingandsocialmedia marketingare important to contemporary businesses5 Part 26-10 Twoexamplesofsocialmediacontentthatreallyworkand justification of why they workp Screen shots of effective campaigns with reference to established models and standards for digital marketing6 Why social media content is effective?8 Conclusion9 References12 2
Introduction The digital marketing is called as online marketing that generate traffic of customer through online platform and generate sales of company. Social media is the effective channel of digital marketing that helps in increasing business visibility in the eyes of potential customers. Social media build strong position of the company by targeting mass audience(Sanusi and et. al, 2020). It provide great exposure to the company and increase large customer engagement. It will help in transforming loyal customers and create interest in purchasing decision. The report explain marketing mix and where communication mix fits. It also include digital and social media marketing and how it is important to contemporary business. Part 1 Explanation of marketing The CIM (The chartered institute of marketing) is the professional marketing body founded in 1911, revise new definition of marketing. The CIM definition of marketing is called as management process that is responsible for recognising, anticipating as well as satisfying profitable requirements of customers. In today competitive world, marketing is much more than promotion of products. As per American Marketing Association, Marketing is the effective activity whichdevelopcreativecommunicationprocesswhichexchangevaluetotheir partners,clients andcustomers(Fox andet.al,2019). Marketingisallabout delivering valuable products and services which satisfy needs and demands of customers. Anexplanationofwhatthemarketingmixisandwherethe communications mix fits Marketing mix is the effective tool that is used by the company to accomplish its marketing goals and objective. The elements of 4Ps includes product, price, place and promotion which help in promoting unique brand of company. Product-It refers to the item which intends to satisfy actual needs and wants of the customers. This can be tangible (clothing, software) and intangible services (legal) that is deliver to the final user. 3
Price-This refers to the monetary value of the product that is charged by the company to generate more revenue. Company must set affordable price of the product to capture competitive advantage. Place-This provide access to the product as per the convenience of customer so that customer will ensure availability of the product. Place is all about putting right product at right time in right place. Promotion-It refers as advertisement that is used by the company to promote their products using effective communication channel like public relation, social media, Email marketing and so on(Li and et. al , H.M., 2021). By effective promotion company can raise scope of high profitability and revenue. Communication mix is the effective tool that is used to interact, promote and communicate valuable offerings with potential customers. It can be done in the form of advertisement, direct marketing, websites, social media and so on. Communication mix fits in the marketing mix in appropriate and effective manner because it will help in understanding demand ofmarket and customers (Prathapan and et. al., 2018). It will promote brand offerings and business will accomplish its set target. It develop strong connection with the target audience and advertise brand in successful manner. An explanation of digital marketing According to Indrajeet Deshpande (2020), digital marketing is the effective marketing approach that is depend on the internet for targeting customer with the help of digital media platforms(Digital marketing, 2021). It is known as best practice of business which facilitate success of company and promote brand value. According to Kwok Zhong Li ( 2021), digital marketing is the process of marketing ofproducts and services by the help of digital tools like social media, mobile phones, email marketing and so on. Examples- SEO (Search Engine Optimisation) is known as keywords strategy that help company to capture traffic of online users through websites. Another example of 4
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digital marketing is SEM (Search Engine Marketing) which boost organic traffic of customers. An explanation of social media marketing AccordingtoGaryHenderson(2020),socialmediamarketingisthe productive process which drive attention of customers to promote products and services of business. It is all about connecting audience or potential customers and helps in understanding their needs and wants. According to Tech Target Contributor (2021),social media marketing is the internet marketing which uses websites or social media tool to grab the attention of social media user( Use ofSocial media marketing, 2020). This will help in increasing sales of companyand enhance experience of customer base. Example-Facebook is used by many companies as social media marketing tool which generate lead through marketing campaign. Instagram is the traditional social media channel that is used by mass customers. So, company engage with the customers through their post which generate interest in minds of targeted customers. AnexplanationofwhyDigitalmarketingandsocialmedia marketingare important to contemporary businesses Business approaches and environment has been changed with the changing preferencesofcustomers.Theuseofinternetbroughtdrasticchangeinthe developmentofbusiness(Meansofdigitalmarketing,2020).Digitalmarketing contribute great opportunity to the growth of business. Digital marketing support contemporary business and enhance sales of company. The importance of digital marketing towards contemporary business are as follows- ï‚·Most of thepotentialcustomers arepresent onlineso, thereis a great opportunity for business to identify their specific customers and target them to enhancesalesratioofcompany.Companycanreachmasspotential customers and generate interest towards their products and services. ï‚·Digital marketing tool is very cost effective as compare to traditional marketing strategybecausebusinesshavelimitedresourcesandtoolsofdigital 5
marketing is very cost effective. As a result company generate high return on investment. Socialmediamarketingisalsoequallyimportantforthecontemporary businessbecausetheycangenerateattentionandbuildgreatawarenessof products and services through regular post of Instagram, Facebook and so on. Most of the active user are engage in social media so company can intact with their customers on daily basis(Riskyawan, A.V. and Ervianty, R.M., 2019). Through social media company can track demands of customers and resolve query of customers. It will help in improving positive relationship of customers with company brand because they can quickly response customer. This will help in building brand recognition from other competitors and achieve competitive benefit. Social media provide positive customer services and improve their experiences which generate sales of company. It will increase scope of revenue creation because social media is the cost effective digital marketing tool. Part 2 Twoexamplesofsocialmediacontentsthatreallyworkand justification of why they work The detail explanation has been given in this section about social media content and how it really work. First example has been taken about social media campaign of Coca- Cola(Coca-cola social media campaign, 2021). The platform of their social media campaign is Instagram with aim of spreading brand awareness. The goal of this social media campaign is to promote Coca- cola's original coke beverage to target the region of the western European. Through this strategy create awareness of their signature cook products and enhance customer base. They enlisted 14 Instagram influencer which have millions of followers. They promote brand of company and highlight coke beverage of company by the help of regular post and hashtag. They launch effective campaign to boost summer season sales. They integrated valuable images and videos of classy filter which Illustrate summer day. The brand has double scope of being promoted with the help of trending hashtag of summer. This campaign execute successfully that reach millions of customerswithout spendinganyhugeamountof investment.This willhelp to 6
promote consciousness mind of people and increase sales ratio of Coca- Cola. After that company run several Instagram campaign which promote brand recognition around the world. Coca-Cola collaborated Belgian Instagram influencer which has less than 100000 followers. They created influencing promoting post which advertise coke and beverage of company to their followers(Seo, E.J. and Park, J.W., 2018). Theyimplementhashtag#CokeAmbassador.Thepurposeofthiscampaignto create brand awareness in the minds of Belgian costumers. The result of this campaign togarnered more 46000 likes as well as 500 comments which capture large engagement of customers through this campaign. The second example of the social media campaign is Red Bull and they highlight their brand from Facebook pages series. The company has great presence on Facebook as millions of customers engage with their creative content. They utilise marketing strategy Facebook timeline. Company boost sales through Facebook pages through engaging content(Tripathi, M.S. and Badugu, D.D., 2018). They highlight celebratinglifestyle topromote energy drinks. They use strong visual content with the help of apps and Games and promote brand official. They use trending hashtag #flyingfriday or #musicmonday which capture attention of mass audience and increase sales of company. They focus on core message which is shareable to grab attention of millions followers(Red Bull Facebook campaign, 7 Illustration1: Coca-cola social media campaign, (2021)
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2021). Their creative content grab attention of millions Facebook user and increase sales ratio of company. Screen shot of effective campaign with reference to established model and standard for digital marketing The Expression Fiber Arts has adopted AIDA model through which they experience high growth in its sales development. They increase millions of sales through their effective marketing campaign on Facebook. They adopted business modelofAIDA,whichcreateAttentionbyinformingonsocialplatform.The business influence appealing model to capture flashy offerings which grab attention in the minds of Facebook users(The Expression Fiber Arts , 2021). The organisation developinterestthrough their trending latest design. By this they developdesireby providing free offers for limited time period. They demonstrate garments model and display how it actually going to look. The Expression Fiber Artswhichattracts customer action and they download free promotion forms on frequently basis. The company is performing great by offerings free discounts coupons and products to target large audience and earned millions of sales in just two years. 8 Illustration2: Red Bull Facebook campaign, (2021)
Why social media content is effective? Socialmediaistheeffectivemarketingplatformthathelpbusinessto communicate itsproducts and services with their potential customers. Content of social media capture mass audience so there is great scope for business expansion and profitability. The social media content is very effective because it contribute several benefits to the company such as- ï‚·Consumer in control-Most of the customers are active on the social media platform, so company can identify preferences and needs of the customers. It will help company to provide desirable products to their specific customers. Through this they can control purchasing behaviour of customer and create interest in minds of customers. 9 Illustration3: The Expression Fiber Arts , (2021)
ï‚·Convenience-Socialmediaistheonlineplatformwhichpromoteonline selling and purchasing. This is very convenience platform for both business and consumers. Business can promote their brand through influencing social media content and it is very cost effective as compare to other platforms. Customers can also place orders through social media content without going outside in the physical store. ï‚·Satisfaction- Content of social mediaevaluate demands of the customers throughengagementofcustomersontheregularpost.Duringtheir engagementcompanycansolvequeryofcustomersandprovidethem effective solutions of their product related problems. It will improve maximum satisfaction and customer experience which enhance brand recognition. ï‚·Loyalty-The loyalty of customers can be build by the social media content because brand can connect with their customers on social media post. It promotehealthyrelationshipofcustomersbyfulfillingdemandsofthe customers. ï‚·Cost reduction-The advertisement and promotion on social media are very cost effective because no huge amount of investment is required to promote brand in mass audience as compare to traditional platform. ï‚·Build brand-Company can create its unique differentiation value of its brand by creative engagement post on social media. This will promote brand name of the company in mass online customers. ï‚·Measurable- Company can measures their performanceof socialmedia activityandcampaignbyevaluatinginterestofcustomersthrough engagement post. Company can modify its social media marketing if they found less interest of customers in the products and services. Conclusion From the above report, it has been concluded most of the business are using effective strategy of digital and social media marketing to promote their brand and salesofcompany.Inthecompetitivemarket,businessadoptedsocialmedia technique because it is very cost effective and create interest in mass customers. 10
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They interact with the customers and provide satisfied services to increase sales volume of company. Digital and social media marketing provide great exposer to the business profitability by understanding customers preferences. Company can build unique position in the minds of customer by satisfying their demand through creative content. 11
References Sanusi and et. al, 2020. Use of Digital Marketing in Marketing of Data and Information Services in Asia.International Journal of Psychosocial Rehabilitation.24(1). Fox and et. al, 2019. Eat, drink, and create content: a multi-method exploration of visual social media marketing content.International Journal of Advertising.38(3). pp.450-470. Li and et. al , H.M., 2021. Effectiveness of social media marketing on enhancing performance: Evidence from a casual-dining restaurant setting.Tourism Economics,27(1), pp.3-22. Prathapan and et. al., 2018. Effectiveness of digital marketing: Tourism websites comparative analytics based on AIDA model.International Journal of Innovative Research & Studies.8(4).pp.262-273. Riskyawan, A.V. and Ervianty, R.M., 2019. The Use of Digital Marketing Communication Media as a Tool to Achieve Brand Awareness of Kitchenindo Products.TIJAB (The International Journal of Applied Business).3(1). pp.59- 72. Seo, E.J. and Park, J.W., 2018. A study on the effects of social media marketing activities on brand equity and customer response in the airline industry.Journal of Air Transport Management.66.pp.36-41. Tripathi, M.S. and Badugu, D.D., 2018. Effect of Social Media on Online Marketing: A Study on Young Generation.Impact Study of Social Media Marketing Among Youth With Special Reference to JalandharPunjab. Online Coca-colasocialmediacampaign,2021.[Online]Availablethrough< https://mediakix.com/blog/coca-cola-marketing-strategy-influencers- ambassadors/ > Digitalmarketing,2021.[Online]Availablethrough< https://www.equinetacademy.com/what-is-digital-marketing/ > Meansofdigitalmarketing,2020.[Online]Availablethrough< https://www.toolbox.com/marketing/content-marketing/articles/what-is-digital- marketing/ > RedBullFacebookcampaign,2021.[Online]Availablethrough< https://blog.wishpond.com/post/115675437065/how-to-optimize-a-facebook- page > UseofSocialmediamarketing,2020.[Online]Availablethrough< https://www.digitalmarketing.org/blog/what-is-social-media-marketing > Socialmediamarketing,2021.[Online]Availablethrough< https://whatis.techtarget.com/definition/social-media-marketing-SMM > TheExpressionFiberArts,2021.[Online]Availablethrough< https://dsim.in/blog/2017/08/28/6-effective-social-media-ads-2017/ > 12