Digital Marketing: Opportunities, Threats, and Strategies for Argos
VerifiedAdded on 2021/02/19
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AI Summary
This report provides a comprehensive analysis of Argos' digital marketing strategies. It begins with an overview of digital marketing, contrasting it with offline marketing, and highlights the benefits of online channels such as cost reduction, improved efficiency, and wider customer reach. The report then delves into consumer trends fueling digital marketing growth, including chatbots, email marketing, and search engine marketing, emphasizing their impact on Argos' performance. Furthermore, it examines the macro-environment through a PEST analysis, assessing political, economic, social, and technological factors influencing Argos' digital operations. The report also explores the micro-environment, analyzing competitors, customers, and suppliers. Finally, it discusses the integration of digital marketing operations and the measurement of digital marketing practices. The report underscores the importance of adapting to changing consumer behaviors and leveraging digital tools for enhanced customer engagement and business success.
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