Promotional Techniques for Telecommunications or Employment Recruitment Company
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This document discusses the promotional techniques used by telecommunications or employment recruitment companies to create awareness and attract customers. It covers strategies like social media, direct marketing, personal selling, and more. The document also includes a STP analysis and the AIDA theory.
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Promotional techniques for a telecommunications or Employment Recruitment company
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INTRODUCTION Promotion is an activity and process f creating awareness about the products and services of a company which are offered by a business venture in term of creating awareness. In context of this, the business venture use several marketing and promotional channels like social media, internet, email, direct marketing and many more. These strategies and tools are so crucial and important, business leaders will nearly always have a hand in shaping marketing initiatives. In diverse sectors or industries, business venture like employment enterprise consider effective telecommunication techniques like e-mail, message, social media, print media and many more so that they can aware people who have their profile on company’s account or those who searching jobinaparticulararea(Ofosu-Boateng,2020).Forthecompletionofthisdocument, Monster.com is the company which is considered. It is a global employment website which is owned and operated by monster Worldwide, Inc. The written report will consider information regarding promotional and telecommunication techniques which is followed and utilised by the company in a practical and tactical manner. Moreover, it will describe about marketing concept and evaluation of the effectiveness of these tactics. TASK 1 Background-Monster.comisaninternationalwebsiteownedandoperatedbyMonster Worldwide, Inc. This was designed in 1994 by the merger of the Monster Board and Online CareerCenter. Itoperateitsbusinessin Internetsectorby offering serviceslikeonline employment and is headquartered in Weston, Massaschuestts, US. Rqandstad Holding is the parent company of it which is a Dutch multinational human resource consulting organisation (Rizomyliotis and et. al., 2020). There are 4000 employees are employed by the respective establishment and they make their effective contribution in running and operating the business activities and operations of this firm. It is a global leader in connecting individual and jobs. 1
Figure1Monster. 2020 The aims and goals of the company is to make every workplace happier and more effective by transforming the ways managers and applicants find the right fit. For 25 years, the respective enterprise has worked to transform the recruitment sector (Carpenter and Luciano, 2019). Now these days, the firm leverages advanced technology utilising intelligent digital, social and mobile solutions, considering the flagship website Monster.com, Monster’ innovative application and a wide display of commodities and facilities. Monster is a digital enterprise owned by Randstad North America, a subsidiary of Randstad N.V. a€23.8billion international provider of flexible work and human resources facilities. Communication strategy of the company-Organisational communication includes formal and informalcommunicationthroughoutanestablishment,includingcommunicationamong employees management interaction. Formal communication- Being formal, clear and specific is a strong tool to ensure an efficient flow of information in the working environment. With formal communication, everyone is educated about and related with the business aims. This type of communication is also required to assemble lawful demands (Heath, 2018). For example, Monster, work actions as well as security regulations and directions have to be discussed to the employees in a professional form. Informal communication- This type of announcement is the divergence of formal communication. It is also understood like rumour announcement.In respect to this, it includes dialogues, chats, phone conversations and water cooler talks. In Monster, if the administration of the respective firm consider kind of communication then on the top advantage of casual 2
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communication is the statement that it israpid form of delivering information in the place of work. It helps in sharing and developing new ideas to develop services and internal or external actions. Horizontal communication- This kind of organisational communication arise between groups and individual who are at the same hierarchical level. Horizontal communication plays an effective role in breaking down silos and improving cross divisional teamwork in the place of work (Adusei and Isaac, 2020). In Monster, it plays a critical role in supporting tech, promoting and sales groups and make sure that everyone is on the equal page. Vertical communication- It is one of the most common types of communication within predeterminedventuresfollowsanupanddownperpendicularprototype.Itincludes communication between business leaders, team leaders and employees. In Monster, this kind of communication is essential in the workplace and without this, it would not be possible to assign rule, response and ideas. Advertising- Basically, it is a process and activity of creating awareness about the products and services of the company which is developed and produced by it, to meet and fulfil needs and demands of targeted audiences. In Monster, there are diverse tools and techniques are used by management to create awareness about the services which is offered by them in term of employment and recruitment. They consider online media, customised job templates by imitating their print ads on Monster, their employer branding is developed by consistency. Along with this, theyalsousebannersbyhavingtheirorganisationlogodisplayedontheHomepage, communities and job search pages of Monster.co.uk. Industry widgets is another advertisement tool which is used by Monster’s as IT and Technology career channels which brings together everything IT professionals demand for a successful job search and career. The key features consider 1 click job searches, downloadable CV templates for diverse technical functions, insightful eBooks providing expert career advice and latest news feed from the key It & technology publications (Hajar and et. al., 2020). As well as appearing on the Monster site, users are able to incorporate this widget into their own profiles on Facebook, MySpace Bebo or iGoogle or even their own website. Direct marketing- It considers of any promotional that relies on direct interaction or assignment to customer particularly, rather than through a third party such as mass media, email, social media, texting campaigns and many more. In Monster, within it, the venture use direct mail to its 3
target audiences by sending mail to them with the information of recruitment. It is a kind of marketing which includes allocation a physical piece of advertising material. In UK, direct mail is utilised as a way of promotion relying on printed materials and the postal facility to deliver marketing appeals instantly to consumers. Some recipients indicate to it as junk mail like direct main ordinary disembarks unwanted. By accepting this option, Monster can direct mail to applicants who update their CV on this site towards a specific job profile. Email marketing is another tool which also consider by respective firm as a direct marketing (Alotaibi, 2019). It is an activity of sending a business message, basically to a group of people, using email. It includes using email to send promotion, request business or implore sales or involvements. With this tool, the administration of Monster can promote its existing and new facilities to individual through sending them an email. Personal selling- It is where businesses utilise individuals to sell the commodity after meeting face to face with the target audience. The sellers advertise the commodity by their characteristic, appearance and specialist product information. In Monster, the management of respective firm can make direct and face to face interaction so that they can aware with its services and take benefits of the facilities which offered by the particular enterprise. Social media- It is the use of social media sites and social media networks to marketplace a venture’s products and services. It is also understood as digital promotion and e-marketing. Social media promotion has purpose-built data analytics tools that allow markets to track how blooming their efficiency is. In Monster, the administrator can includes diverse promotional tools such as Fcaebook, Twitter, Instagram, web advertisement, Google ads and others. Along with this, the respective firm also consider LinkedIn and other tools in its social media tools. To support the developing emphasis on social engagement, Monster went to tender for centralised social media administration platform and campaigns tool. Public relations- It refers to the number of activities conducted by an establishment to promote and prevent the image of company, its products and services in the mind of people of community. The purpose of this is to manage public opinion of the firm. Public relations consider a range of activity and some of them like events, campaigns and sponsorship are used by Monster (Jaichuen and et. al., 2018). Event basically refers to occasion but in advertising and promotional context signifies as marketing process that is utilised to promote products, brand and facilities that are offered by the enterprise by in person interactions. It could also be attending an 4
event like exhibitor to educate potential target customers on the company’s services offering. Monsterlaunchedanintegratedcommunicationscampaignsastheofficialsupporterof #WorkLifeBalance. The campaign will go live crosswise India, Gulf, Singapore, Malaysia and Philippines. The aim of this campaign is to raise high awareness around problems concerning #WorkLifeBalance in a humorous way. CSR(CorporateSocialResponsibility)-Establishmentsandcompaniesmightinclude corporate social responsibility programs in their business models that advantage local and global community.Alongwiththis,CSRalsoknownascorporateconscience,citizenshipor investment, corporate social accountability can show up in a company’s business analysis, mission and message. Examplesof social responsibility include having an environmental friendlyworkplaceorsupportingnon-profitable(Marcus,2019).Whencompanieswith corporate social responsibility programmes are often non-profits, any organisation can have a social responsibility plan. Monster, will provide proficiency and skills in Creative, digital, media and PR communications services that will help brand construct a truly considered and a Brand- Led CSR journey. By offering an effective support in term making account or doing registration on company website is an effective CSR activity which help people of the community in searching employment in easier manner. STP Analysis- It is a marketing plan of action that stands for segmentation, targeting and positioning. It is a three phase activity that allows for the development of a specific and actionable marketing strategy. It is one of the most usually executed marketing models in activity. By implementing this framework, company like Monster can position its services and commodity to target different groups of target audiences more efficiently. Segmentation- It is the activity of classifying customers supported on certain finding out factors. For there, the company will be capable to share modified marketing information which directly target these groups. In Monster, the management can classify its market on the base of demographic, psychographic and behavioural (Oualy, 2019). There are different forms of segmentation of the market, but the most ordinary ones include age, sex, income, lifestyle and location etc. These aspects play a crucial role in developing a customised message. Targeting- This is the high effective factor of STP determination so be make sure to limit the concentration of the company to just one group. There are different things to consider within targeting. In Monster, the management can target its customer on the basis of ease of reach, 5
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profit, size, concentration on diverse advantages and others. There are diverse things to include within targeting economic potential of the groups to see that one is responsible for the most sales, look at the size of the segment and possible for growth. Positioning- It is the final step of STP model and within it; the company require to create a marketing mix to reach their targeted segment (Chufama, 2019). The establishment can do this in three diverse forms. Functional positioning creates a message that converses about how a product and facility meets specific demands. In Monster, symbolic messaging targets a customer’s self esteem and often includes playing up logos, exclusively and lifestyle etc. Experience positioning makes an emotional connection by focusing on how it feels to utilise the facility. TASK 2 AIDA Theory-It is concept and framework which is developed in 1898 by E. St. Elmo Lewis. It describes the phases that a possible customer goes through before analysing to buy a product and service. The contraction occurs for Attention, Interest, Desire and Action. The AIDA model is majorly used in promoting and endorsement to explain the steps that arise from the very first time a consumer is aware of a product or brand to the real flash the purchase is done. The particular concept helps to explain how a endorsing and promoting communications information considers and contributes clients in brand choices. So, in Monster, the administration of enterprise can include and execute it to attract by advertisement tools. It will help in developing number of consumer and individual will take advantages of its facilities that help in developing its efficiency and maximising profitability. In respect to this framework, AIDA framework suggests that publicity messages need accomplishing an amount of accountabilities in context of move the consumer through a range of chronological phases from brand awareness by to action. The AIDA model is one of the highest serving tools used and executed in endorsing in large section because when the world of marketing has changed, human nature has not. Attention- The first phase of the buying behaviour is creating the consumer aware and cognisant of the product. A salesperson’s work is to grab the prospect’s observed well so that they can administrate the view engaged long sufficient to what their attention. Some description of AIDA refers to the primary stage as “awareness”, meaning that view becomes aware of alternative (AIDA. 2020). In Monster, in this step, the administration can create awareness about its services that is provided through it regarding employment, recruitment and searching jobs etc. 6
Interest- It is the second phase of this model and within it; the venture must enlarge the potential customer’s interest in the products and services. It is basically where benefit articulate come highly into function. Different marketers appropriately use storytelling in their straight key concepts in respect to acquire their views considered (Ofosu-Boateng, 2020). In Monster, within this stage, the administration can try to identify the interest of individual and consumer towards offered facilities. For this, they can do direct mail; message and other form of delivering data so that interest of user can be find out towards their employment facilities. Figure2AIDA. 2020 Desire- It is the third phase of AIDA model. If the firm effectively grasped consumer attention and managed long term interest to rely information about the commodity and service, thentheymustcultivateconsumerneed.InMonster,withinit,theadministrationafter identifying the interest of target audiences towards services trying to find out their needs so that they can offer that kind of services which are able to meet their desires. Action- It is the last step of AIDA framework, if the company endorsed the outlook through previous three phases, this stage often starts logically (Rizomyliotis and et. al., 2020). In Monster, within it, the administration can changes its activity in to action towards satisfying and meeting the demands of target users through providing recruitment and employment services as per them. Push and Pull strategy- Push strategy- It is a strategy and tactic wherein promotional tool are used to thrust the commodity and service to sales tool is known as push plan. It describes the section of 7
commodities and services as well as information through mediators to the final consumer. In this strategy, the organisation offer their services to consumers that are neither aware of it nor looking for it but the produced commodities is introduce to them their diverse promotional activities. In Monster, by accepting this plan, the company can advertise and endorsement regarding its facilities by considering marketing channels such as email, social media, digital marketing, and others (Difference Between Push and Pull Strategy. 2020). The policy uses deal shows promotion, the point of sale show, direct selling, TV, emails and many more to devise an influence on consumers mind and reducing the time between exposure of product and taking benefits of services. Figure3Difference Between Push and Pull Strategy. 2020 Pull strategy- The business plan that purposes at making interest or command for a particular commodity and service of the consumer, in a form that they instruct the product and service from the channel partners is known as pull strategy. In this plan, the user needs are meeting by directing promotion plan on them whose results in the pulling of commodities. Pull strategy uses techniques like social networking, blogging, word of mouth and many more for enhancing customer base. In Monster, by utilising any from which are used for devising user demand for the commodity is known as pull plan (Carpenter and Luciano, 2019). With the assistance of it, user highly takes advantages of facilities that are provided through the company, cause of its friendliness, supremacy, status and reliability. 8
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In form of making control on the objective data and assessment of the execution of the business through several performance administration tools, the enterprise can consider KPI and balance scorecard. KPI is a term that is utilised to define the process of designing, performing, determining and monitoring specific industry that assists the respective company in relinquishing the extent of growth in reaching their corporate objectives. With the utilisation of this tool, Monster can iterative activity that includes response from professionals, heads and administrators of divisions (Heath, 2018). Along with this, balance scorecard is another tool which can be assessed by administrators of Monster in term of tracking the execution and performance of actions and determines the results arising within these actions. In addition to this, the particular venture also utilise balance scorecard that is a tactical planning and administration tool. By utilising this method, the management of particular firm can interact what they are trying to accomplish and align the day to day work that every individual is doing with plan of action. Additionally, the establishment can identify factors in easier manner which hamper business performance and outline tactical change that tracked by upcoming scorecards. CONCLUSION It has been summarised from the preceding data that marketing and promotional tools or channels play an appropriate role in marketing and operating business of company in a specific manner. By considering and using diverse promotional techniques such as social media, digital marketing and other companies can make awareness about its services that is provided by it to its target audiences. Along with this, marketing communication theories and concept like AIDA and pull & push strategies play an essential role in introducing about the facilities and products of a company and attracting consumers. 9
REFERENCES Books & Journals Ofosu-Boateng, I., 2020. Effect of Sales Promotion and Relationship Marketing on Customers’ Retention in the Telecommunications Industry in Accra, Ghana.British Journal of Management and Marketing Studies, pp.37-54. Rizomyliotis, I. and et. al., 2020. Applying fcm to predict the behaviour of loyal customers in the mobile telecommunications industry.Journal of Strategic Marketing,28(1), pp.1-15. Carpenter, M. and Luciano, P., 2019, May. The emergence of advertising and promotion in the French telecommunications sector: 1952-2002. InCHARM 2019: 19th Biennial Conference on Historical Analysis and Research in Marketing. Heath, S., 2018.System and method for providing educational related social/geo/promo link promotional data sets for end user display of interactive ad links, promotions and sale of products, goods, and/or services integrated with 3D spatial geomapping, company and local information for selected worldwide locations and social networking. U.S. Patent 10,096,033. Adusei, C. and Isaac, T.K., 2020. Branding and Retailing in the Telecommunications Industry of Ghana.American Journal of Marketing Research,6(1), pp.9-18. Hajar, M.A. and et. al., 2020. Value innovation activities in the wireless telecommunications service sector: A case study of the Malaysian market.Journal of Global Business Insights,5(1), pp.57-72. Alotaibi, H.J., 2019. Foresightful strategic planning and organisational flexibility in the saudi telecommunicationssectorunderturbulenteconomicconditions.InternationalJournalof Advanced Research in Management and Social Sciences,8(11), pp.114-134. Jaichuen, N. and et. al., 2018. Unhealthy food and non-alcoholic beverage advertising on children’s, youth and family free-to-air and digital television programmes in Thailand.BMC Public Health,18(1), p.737. Marcus, S., MOBISAVE LLC, 2019.System and method of electronically verifying required proof-of-performance to secure promotional rewards. U.S. Patent 10,402,847. Oualy,K.,2019.SURVEYONCUSTOMER’SSATISFACTIONINTHEFIELDOF TELECOMMUNICATIONSINMALI.EuropeanJournalofEconomicandFinancial Research. 10
Chufama, M., 2019.Antecedents and consequences of corporate social responsibility awareness: consumersinthemobiletelecommunicationssectorinHarare,Zimbabwe(Doctoral dissertation). Online Monster. 2020. [Online]. Available Through: <https://www.linkedin.com/company/monster>. Monster.2020.[Online].AvailableThrough:< https://www.crunchbase.com/organization/monster>. Organizational Communication: 9 Steps to Create a Successful Strategy. 2020. [Online]. Available Through:<https://blog.smarp.com/organizational-communication-9-steps-to-create-a-successful- strategy>. OnlineMediaSolutions.2020.[Online].AvailableThrough:< https://hiring.monster.co.uk/recruitment-products/monster-display-advertising.aspx>. HowtotamethesocialmediaMonster.2018.[Online].AvailableThrough:< https://www.eckoh.com/resources/blog/item/how-to-tame-the-social-media-monster>. Monster.com's new campaign urges users to find work-life balance. 2019. [Online]. Available Through:<https://brandequity.economictimes.indiatimes.com/news/advertising/monster-coms- new-campaign-urges-users-to-find-work-life-balance/68352237>. Corporate Social Responsibility (CSR) & Environment. 2020. [Online]. Available Through: < https://www.csrhub.com/CSR_and_sustainability_information/Monster-Worldwide-Inc>. AIDA. 2020. [Online]. Available Through: <https://en.ryte.com/wiki/AIDA>. DifferenceBetweenPushandPullStrategy.2020.[Online].AvailableThrough:< https://keydifferences.com/difference-between-push-and-pull-strategy.html>. Hajar, M.A. and et. al., 2020 Alotaibi, H.J., 2019 Jaichuen, N. and et. al., 2018 Marcus, S., MOBISAVE LLC, 2019 Oualy, K., 2019 Chufama, M., 2019 11
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