The Role of Digital Marketing and Social Media Marketing
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This report discusses the role of digital marketing and social media marketing in promoting businesses. It covers topics such as marketing mix, communication mix, examples of effective social media content, and the importance of digital marketing and social media marketing in reaching and engaging with customers.
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The Role of Digital Marketing and Social media marketing
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Contents INTRODUCTION...........................................................................................................................5 MAIN BODY..................................................................................................................................5 PART 1............................................................................................................................................5 Explain the term marketing.........................................................................................................5 Discuss marketing mix and where communication mix fits........................................................5 Explain digital marketing............................................................................................................6 Discuss social media marketing...................................................................................................6 Importance of digital marking along with social marketing........................................................6 PART 2............................................................................................................................................6 Two example of social media content that really works.............................................................6 Models and standards for digital marketing................................................................................6 Explain why social media content is effective............................................................................6 CONCLUSION................................................................................................................................6
INTRODUCTION Digital marketing is an important component that every organisation can adopt in order to promote its offerings into market within shorter time period. It includes social media platform, TV advertisement, internet paid promotion etc. It makes easy for organisations to spread awareness about new products having attractive features which helps in gaining new customers as well as retain loyal ones. The present assignment report is based on Burberry which is UK based organisation offering wide range of products such as Clothing, footwear, fragrances and many more. The report discusses the role of digital marketing for improving performances of contemporary businesses. For this, marketing mix and communication mix has been discussed under this report along with taking examples for the same. MAIN BODY PART 1 Explain the term marketing Marketing is defined as an activity of communicating information about different aspects to the clients and receive feedbacks at the same time so as to identify their actual perceptions and preferences towards company’s offerings. The main motive of marketing is to influence buying behaviour of customers in favour of brands by creating interest among them by using different promotional tools such as social media, internet, TV advertisement etc. It makes easy for an organisation to get attention of customers which indirectly increases sales and revenues for longer term (Allcott and Gentzkow, 2017). In the context of Burberry, the company has its own Burberryapp, andusingdata and analytics to help the brand thrive in the newdigitalecosystem. Discuss marketing mix and where communication mix fits. Marketing mix refers to tactics or actions which are undertaken by an organisation to update its current offerings by analysing its product, price, place, promotion and other elements. Whereas communication defined as a procedure by which customers can communicate with their customers through different methods such as personal selling, direct marketing, public relation etc. In the context of Burberry, here is the marketing mix: Product:The products are the tangible items which the company has to offer to its targeted market. Burberry has the products like clothes, accessories, perfumes and shoes to get offer to the customers.
Price:It refers to the price which the company set for the products. As the Burberry is a luxury brand in which the prices for the products are quite high than average (Anderson and Jiang, 2018). Promotion:The Company uses various sources for promoting its products. Majority of source includes Digital marketing where the company performs promotion about their offers, discounts, and new arrivals and so on. Place:This brand is at both online as well as offline platform. They place their products at both these places so that the customers can choose their suitable options. Physical Evidence:Physical Evidence includes the physical environment which a customer interacts with the brand. The physical evidence in Burberry Company is the layouts, the store designs, the employees with whom the customers interact with and so on. People:It refers to the employees who are working with organization. It has been noticed and observed that the company puts major focus upon their employees and their aim in their career. Also the organization is very careful about the dressing and behaviour of employees with customers. They should be well behave and presentable before them. Process:It refers to the ways in which organization delivers its product to customers (Bala and Verma, 2018). In online purchase the company has to deliver their products to the stated address and in the store shopping the customer can physical excess to the store and take the product at very moment. Explain digital marketing. Digital marketing is a marketing and advertising activity in which the organization educates the customers about their product offerings to their targeted customers at digital platform. There are various platforms which are available in digital marketing some of them includes Facebook, Instagram, twitter, company’s own websites and much more. This type of marketing is very much around now a day as it enables the organization to target huge masses of people at a single time. When compared with other methods for marketing and promotions it is consumes less cost and shows more results to the organization(Chaffey and Smith, 2017). Discuss social media marketing. Social media marketing refers to the marketing approach in which the organization interacts with the audience at the various social platforms. At these media sources they answer the query of their customers or followers and regularly come with various ways in which they
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can build bond with their followers. The social media marketing includes the activities like posting the attractive picture or post about the organization and its products, good content writings, interacting and engaging with the followers and performs various social media promotional advertisements. Every company or organization is engaging with this type of marketing through this they gets to be in direct tough with followers or targeted market. There are various tools available to the organizations to make the best use of social media marketing. One of the great tool is buffer (Kingsnorth, 2019). It is a platform which helps the organisation in developing a strong digital platform which helps in its growth, increase of sales and brand image. Importance of digital marking along with social marketing Reaching people:Now a day most of people spend their time in communicating or browsing through the digital platform. So the best way to grab the attention of audience or the targeted people is to make the promotions and advertising activities at the digital platform. Through this the organization would able to grab the eye of the audiences. As most of the work is now performed through internet people majorly reach there. The planning of the organization is to market the product at the place where the customer reaches at most and that place or platform is clearly social media platforms. Every organization is now doing it:It has been noticed that now every other organization market their product through the use of digital marketing. In that with the help of proper SEO, account creations, paid advertisements and through other methods they try to gain popularity. This could be the main reason for using digital marketing as every other organization is using it in marketing activities. These activities now are has become necessary for the organization to execute (Low and et al., 2020). As in the case with Burberry Company they were first only establish at offline platforms like physical stores but due to increase in the digital trends in digital marketing they now also have establish themselves at online platforms. Competing into market:The digital marketing is the best method for competing with the large organizations. Any business with the right usage of digital marketing method can reach to major big leads with the same tools and methods which these larger organizations are using. As in the case with Burberry Company they now through the wider digital marketing tools can reach to those population also who did not know about their brand and its offerings. Building relationships:The social media marketing enables the organization in building the relationship with their followers. At these social platforms they can interact with them by
answering or replying to their comments or questions (Saura and et al., 2017). Such relationship creates goodwill and brand image for the company like Burberry. Increases traffic:Through posting the pictures about the organization and its products with catching content writing can help them in increasing their followers. Through posting the pictures about the organization and its products with catching content writing can help them in increasing their followers which also results in increase in traffic on their sites or account. PART 2 Two example of social media content that really works The two of the social media content are Dove and L’Oreal Paris. Doveis a company which has engaged in business of FMCG. It produces the products like shampoo,conditioners,soaps, bodywash,anddeodorantsand soon. TheSocialmedia marketing for this company is very rare and strong. Dove Company has managed to be at top position in the market by showing a simple soap test on social media. In that test the Company team manage to conduct a test among some women and ask them to use dove soap at one side of face and any other soap at other side of their face. Through such test the women herself get to know the difference and the better product between the two soaps. This particular test has helped the company in gaining the confidence of majority of women. Also the company had come up with many campaigns for empowering women with the tag lines of “The place of women is where wants to be is” and “I am a women, hear me roar”. Such campaigns were held at huge masses at social media platform that a large scale of women gets attracted to the campaigns and the products offered by the company. L’Oreal Parisis another brand which is engaged in manufacturing of cosmetics product. The company serves worldwide and runs its social media platform with smartness. The company runs a strong campaign at its social media platform with the tag of “you are worth it”. The campaign is based on empowering women. Through such campaign and tag lines the company wants to deliver the message to all women that they have very much worth in them and deserve all kinds of happiness and places which they have decided for themselves in their lives. The company has build up their social marketing in such a way that they generated a strong brand image which no other cosmetic company could have, they have also gained the confidence through regular
interactions with their followers and also by posting the catchy pictures and contents at the same platforms. Models and standards for digital marketing There are many types of models available in digital marketing, some of them includes: Race planning:This is the most common model used by organization in digital marketing. In such model the activities for digital marketing are planned according to sales which company is making. The model has the various stages and according to that they are suppose to make their plans about digital marketing activities. These stages are: engage, convert, act, reach and plan. 4C’sformarketingcommunication:Hereinthismodelthe4C’sarecustomers, Communication, cost and convenience. Any organization which is planning for making digital marketing activities should consider all these points. Considering all these C’s can help in making the plan effective and workable for the organization. The plan must consider the associated cost. The cost should be such which an organization can afford. Communication is the process of transferring the message to the other parties. The communication or message form by the organization should be clear, understandable and catchy for the viewers. Customers are the people upon whom the company has planned to target and convenience refers to the easy transport through which the message would get send to the customers (Yoga, Korry and Yulianti, 2019). Explain why social media content is effective Social media content is effective because: Huge opportunity:The social media advertising is a huge opportunity for the organization to reach to the maximum number of people at a time. The major merit for the same can be that a large number of people can get target with much low costs when compared with other sources of marketingoradvertising.Itprovidestheopportunitytotargetthemajorleadsforthe organization. Saves money:Performing the social media marketing saves cost to a great extend for an organization. When the marketing activities are compared with one another on the basis of cost, the social media platform would be that activities which can incur the lesser cost for any organization. Receiving the results:Through social media advertising, an organization can receive the results about how much the customers or targeted market has got attract to them. If the activities are
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performed at large scale then surly the large scale of customers would be attracted towards the company and visa- a- versa. CONCLUSION From the report presented above, the importance and role of digital marketing and social media marketing has been discussed. Both these activities play a major role in attracting the customers or targeted audience as more number of people spend majority of their spare time at social media platforms. Through these the organization gets many advantage like lost savings, targets more number of people, reached to the right percentage of people and much more.
REFERENCES Books and Journals Allcott, H. and Gentzkow, M., 2017. Social media and fake news in the 2016 election.Journal of economic perspectives.31(2). pp.211-36. Anderson, M. and Jiang, J., 2018. Teens’ social media habits and experiences.Pew Research Center,28. Bala, M. and Verma, D., 2018. A critical review of digital marketing.M. Bala, D. Verma (2018). A Critical Review of Digital Marketing. International Journal of Management, IT & Engineering.8(10). pp.321-339. Chaffey, D. and Smith, P.R., 2017.Digital marketing excellence: planning, optimizing and integrating online marketing. Taylor & Francis. Kingsnorth, S., 2019.Digital marketing strategy: an integrated approach to online marketing. Kogan Page Publishers. Low,S.,andetal.,2020.Smartdigitalmarketingcapabilitiesforsustainableproperty development: A case of Malaysia.Sustainability.12(13). p.5402. Saura, J. R., and et al., 2017. Understanding the digital marketing environment with KPIs and web analytics.Future Internet.9(4). p.76. Yoga, I. M. S., Korry, N. P. D. P. and Yulianti, N. M. D. R., 2019. Information technology adoption on digital marketing communication channel.International journal of social sciences and humanities.3(2). pp.95-104.