This assignment examines the role of social media marketing in boosting Birchbox's performance. It analyzes how social media influences consumer purchasing decisions and proposes strategies for Birchbox to effectively utilize social media platforms to promote products, increase brand awareness, and enhance productivity.
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TABLE OF CONTENTS TITLE..............................................................................................................................................1 Background of the research............................................................................................................1 Aim.........................................................................................................................................1 Objectives...............................................................................................................................1 Research Questions................................................................................................................1 Literature review.............................................................................................................................2 Concept of social media.........................................................................................................2 Relationship between social media and increased productivity.............................................2 Research methodology....................................................................................................................4 Research approach..................................................................................................................4 Research design......................................................................................................................4 Data collection........................................................................................................................4 Sampling.................................................................................................................................5 Research limitations...............................................................................................................5 Timeline..........................................................................................................................................5 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................8
TITLE To understand the influence of social media on purchasing of consumers in Birchbox. Background of the research Social media has brought various changes in the technology and it gets reflected as well in various fields. In the field of consumer purchasing as well, it has been observed that social media has brought enormous changes (Armstrong and et.al., 2015). As now, there are various websites through which shopping seems much easy, thus people prefer to use these websites because shopping through them is much easier and simpler. Social media has a huge impact on the purchasing of the customers. This is because it involves various ways through which the product can be promoted, thus more and more people get to see it. There are various means in social media that can be used to promote their products as well as services. Thus, it can actually have a positive impact on the purchasing of the customers. The report is about understanding that how and by what means of social media, the productivity and popularity of Birchbox can be increased. Aim To understand the influence of social media on the purchasing of the consumers in Birchbox Objectives ï‚·To analyse the concept of social media in Birchbox. ï‚·Toevaluatetherelationshipbetweensocialmediaandmaximizedproductivityin Birchbox. ï‚·To recommend ways for understanding the influence of social media in Birchbox. Research Questions Q1 What is meant by social media? Q2 What is the relationship between social media marketing and increased productivity rate of Birchbox? 1
Literature review Concept of social media Birchbox deals with a wide variety of cosmetic range. Social media involves various platforms that are being widely used by enormous number of people for different purposes. Some use it for fun, some for increasing their knowledge, some for passing time etc. More than major part of the world have access to these social media networking websites (Hajli, 2014). Therefore, it can be considered as an efficient platform for the people to get know about the products or services that are being provided by Birchbox for its customers. Social media factors and strategies can be considered much wide as they can actually help in increasing the popularity and productivity of the company. Also, Birchbox can involve new feature's in their website and develop a specialised application especially for the customers of Birchbox. By this way, it will seem easy for the customers of the store to have access to the products and services of Birchbox. Also, it seems a flexible option for the people to go through the products. In this way, the social media marketing can actually help the company. Also, the company after delivery of the products can take feedbacks on the application or their website. By this means, the customers will also consider that they are important for the company which helps in maintaining their interest in the company. By means of social media, the customers of Birchbox are free to reach them anytime. Social media marketing can help in validating the brand as for the Birchbox and increases the loyalty of customers as well. So, social media can be used widely by the Birchbox as it can actually help the company in an increased rate of productivity and popularity as well. From some time, it has been observed that Birchbox has been facing a few issues regarding the marketing and sales of their products. Hence, involvement of social media marketing can actually help in resolving these issues and thus, help the company in increasing popularity and productivity of Birchbox as well. Relationship between social media and increased productivity Social media includes various different factors that can be adopted and involved by Birchbox in order to promote all their products and services by different means so that more people can get to know about it. Also, more than half of the population these days spend much time on these social networking websites. Therefore, Birchbox can focus on adopting such ways as they can make a page of their in social networking websites so that people can get to know about it more. Also, they can send their customers messages often about the ongoing offers and 2
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discounts. Social media marketing can help in maintaining the touch between the Birchbox and the customers (Hanna, Rohm and Crittenden, 2011). When more people will get to know about their products and services, there is a possibility that they try more often it. As a result, it can actually help in increasing the productivity of the company. Also, they can pop notifications about some happy hours for their customers. Moreover, on the websites, pages and their application, Birchbox can take regular feedbacks from their customers about their services and products delivered. It is because this is a better way of having an interaction with them.Taking feedbacks from the customers is considered as a very attractive feature that companies involve in order to gain a huge amount of popularity. Thus, for Birchbox as well, it can be considered as a very important factor that can actually attract a huge number of customers, thus gaining productivity as well as popularity at higher rates.Also, the consumers thinks the fact that they are important for the company, it further helps in maintaining the interest of the consumers in the company. After receiving the feedbacks, Birch box can focus on making the modifications required or if some product or service does not seem to be satisfied enough as per the customers, then they can make some modifications and improvements in the product as soon as possible so that the customers does not have to get disappointed. Regular feedbacks from the customers can actually help Birchbox in attracting a wide number of customers because these can be considered as some strategies that can help in maintaining the interest of the customers towards a specific organisation. If Birchbox involves these ways as making pages on social networking websites, modifying the website and application as according to the current requirements of the market and what customers want, then the social media marketing can actually help the Birchbox in gaining higher number of customers and that too satisfied. The target of every organisation is to provide satisfaction to the customers so that they can stay happy with the products and services of the company. So, if Birchbox involve the social media marketingfor promoting their products and services, it can actually help them. When their services will be efficient, the customers will be happy as well, so does their reviews will be. It is important because when some customer visits the website or page of some new organisation, the first thing they go through is the reviews of the company, so the company can regularly check the reviews on their website and can focus on the negative ones. 3
Research methodology Research is considered as a systematic way of collecting the information and data by various means to make the whole research better (Pookulangara and Koesler, 2011). Research methodology is classified as a systematic plan that provides many ways of collecting the information and data by various means in order to make the research more effective and appropriate. There are variosu aspects of research methodology and these are discussed as under: Research approach Research approach is considered as a step by step plan which helps in the integration of the compounds. It can be further classified as either inductive or deductive. The inductive approach deals with emerging of new theories while the deductive one deals with further observations of the already existing theory. In this research, the researcher will make use of the deductive approach because it can help in better analysing the influence of social media on consumer's purchase. Research design Research design is considered as an overall strategy that makes the process of integrating the compounds more easily and efficiently. The result can be in a more logical way that can seem more efficient for the given research. It is classified in various types such as descriptive, semi experimental, experimental, co relational and review (Goh, Heng and Lin, 2013). In this research, the researcher will make use of the descriptive design because it does not deal with any case control study, instead it deals with the naturalistic observations and thus it can prove much helpful in understanding the impact of social media on the purchasing of the consumers. Data collection Collection of data is considered as gathering of the entire information and data by various means. Some very popular means of collecting the data can be classified as primary data or secondary one. Primary data is the data that is being gathered for the first time but the secondary data is the data that has already been collected by some external body (Solomon and et.al., 2014). Sources of primary data involves the information from the means of focused groups, interviews, surveys etc. whereas the sources for the collection of secondary data involves books, online, journals etc. In this research, the researcher will make use of the primary data because it can help in analysing better about the influence of social media. 4
Sampling Sampling is classified as a process in which few samples aretaken from a larger population. It is divided into various parts such as stratified, cluster, simple random sampling, cluster and systematic. In this research, the researcher will make use of the systematic sampling because it can help in providing a better understanding of the impact of social media on the purchasing of the consumers. It is because this method of sampling is considered as a sort of probability sampling in which the samples are random and starts from some random point and from a fixed interval, which is known as the sampling interval. Research limitations Research limitations are considered as the factors that may act as barriers or challenges in the research (Wang, Yu and Wei, 2012). A very basic example of this can be considered as the fact that if the researcher wants to expand the time of the research in orderto make it more effective, they should also consider that at the same time that if the time will be expanded, they will be requiring more cost as well. So, if at that time efficient cost is not available, then it can act as a barrier or challenge. Thus, the researcher should complete the research in the given deadline only so that no such external factors may act as barriers or challenges. Timeline The timeline on the basis of all activities along with the time frame is represented as under: BasisWeek 1 Week 2Week 3Week 4Week 5Week 6Week 7Week 8 Identificati onofthe issue Understand ing the aim Making the objectives. Onthe basisof themes, 5
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gathering of information Research methodolog y implementa tion Collecting primary data Evaluating the gathered dataand information Conclusion CONCLUSION It can be concluded from the report that Birchbox has been going some sort of issues regarding the sales and marketing of their products. Hence, Birchbox can make involvement of social media marketing so that they can again gain much number of customers so that the productivity rate can be increased as well. There are various means of social media that can be adopted by Birchbox in order to make better promotions about the products and services. Consequently, it can have a huge influence on the purchasing of the consumers. Various aspects of the research have also been included in order to make the whole research more efficient and appropriate. Also, it is concluded that it is very important to focus on the influence of social media on the purchasing of consumers because it deals with resolving enormous issues that are going in the Birch box.. There have been observed various advancements in the world because of social 6
media as it involves variety of factors that can actually help in increasing the growth of the business. As it has been observed from a few times that the productivity of Birchbox has been affected, so the involvement of social media technology can actually help in maximising the popularity rate of the company, thus increasing the productivity rate as well. It is because there are various ways that come under the social media and Birchbox can make use of it to promote their products and services so that more and more people will get to know about it, thus, it can help in increasing their productivity rate. 7
REFERENCES Books and Journals: Armstrong, G. and et.al., 2015.Marketing: an introduction. Pearson Education. Goh, K. Y., Heng, C. S. and Lin, Z., 2013. Social media brand community and consumer behavior:Quantifyingtherelativeimpactofuser-andmarketer-generated content.Information Systems Research.24(1). pp.88-107. Hajli, M. N., 2014. A study of the impact of social media on consumers.International Journal of Market Research.56(3). pp.387-404. Hanna, R., Rohm, A. and Crittenden, V. L., 2011. We’re all connected: The power of the social media ecosystem.Business horizons.54(3). pp.265-273. Pookulangara, S. and Koesler, K., 2011. Cultural influence on consumers' usage of social networksandits'impactononlinepurchaseintentions.JournalofRetailingand Consumer Services.18(4). pp.348-354. Solomon, M. R. and et.al., 2014.Consumer behavior: Buying, having, and being(Vol. 10). Pearson. Wang, X., Yu, C. and Wei, Y., 2012. Social media peer communication and impacts on purchase intentions: A consumer socialization framework.Journal of interactive marketing.26(4). pp.198-208. 8